Posted by thesteward > 2014-03-05 22:12 | Report Abuse

tomorrow break rm1.30...possible

Posted by benson911 > 2014-03-13 13:05 | Report Abuse

When right issue will be announced?

Posted by member41 > 2014-03-13 13:07 | Report Abuse

no idea... below 120 buy more :)

Posted by member41 > 2014-03-17 23:14 | Report Abuse

58m profit up from 12.9m loss last year quarter.

Posted by TonsilBasher > 2014-03-19 07:27 | Report Abuse

oh yeah good result yo

Posted by bonescythe > 2014-04-02 11:36 | Report Abuse

Ding ding
:D

Posted by benson911 > 2014-04-02 15:20 | Report Abuse

Good news to be announced?

Posted by bonescythe > 2014-04-02 15:21 | Report Abuse

:D :D

Posted by choop818 > 2014-04-02 16:48 | Report Abuse

Bones, you start cash register? What's your estimated price for the rights?

Posted by bonescythe > 2014-04-02 16:51 | Report Abuse

Huh? Apa cash register? U mean, ATM machine?

Posted by choop818 > 2014-04-02 17:08 | Report Abuse

Hahaha! To think of it, it sounds more like jackpot machine!

Posted by benson911 > 2014-04-02 17:09 | Report Abuse

Rights might be around RM1.........waiting for it..............

Posted by bonescythe > 2014-04-02 17:09 | Report Abuse

Kekekeke.. :D :D
U want a jack pot machine a not?

Everyday few k to your pocket

Posted by wonderman > 2014-04-02 22:28 | Report Abuse

europlus ..goog investment long term buy

Posted by choop818 > 2014-04-03 17:35 | Report Abuse

Jackpot machine temporary jammed.

Posted by choop818 > 2014-04-04 15:30 | Report Abuse

Jackpot machine still jammed. Sourcing for funds for spare parts. Your patience will be rewarded.

Posted by choop818 > 2014-04-08 16:51 | Report Abuse

Spare parts out of stock. Ship in next few days. Can wait or not?

Posted by choop818 > 2014-04-10 13:24 | Report Abuse

Received wrong spare parts. What to do, no choice but have to wait some more. Really testing our patience! Hear of any management problems?

Posted by member41 > 2014-04-10 13:38 | Report Abuse

When is the rights? Still waiting.

Posted by choop818 > 2014-04-10 15:55 | Report Abuse

Hahaha...management cannot agree on the price for the spare parts (rights), that's why delay. As the saying goes...`too many cooks.......'

Posted by RonnieKimLondon > 2014-04-12 14:53 | Report Abuse

Is the delay in implementing the rights issue a cause for concern? A red flag for K Euro?

Posted by choop818 > 2014-04-12 22:40 | Report Abuse

The major shareholders doesn't seem to be able to stamp their authority and lead the pack. Announcement is overdue, let's wait and see.

Posted by benson911 > 2014-04-16 18:03 | Report Abuse

Postpone until when? haiz......

Posted by member41 > 2014-04-16 18:38 | Report Abuse

Patient la. This proj is 60 yr concession large scale proj.

Posted by choop818 > 2014-04-16 20:50 | Report Abuse

The long awaited rights announcement may be just round the corner. Best of luck!

Posted by benson911 > 2014-04-21 11:05 | Report Abuse

wow....good news will be announced soon.....

Posted by member41 > 2014-04-21 11:22 | Report Abuse

Yahoo our time has come

Posted by benson911 > 2014-04-21 13:37 | Report Abuse

Right issue should be this week~

Posted by member41 > 2014-04-21 14:35 | Report Abuse

They push up price for rights

Posted by 88et88 > 2014-04-22 13:56 | Report Abuse

expect to reach at least 1.4

Posted by RonnieKimLondon > 2014-04-24 22:38 | Report Abuse

The rights issue which was announced in mid 2013 is big 3 for 4 (rights price not set yet). Best prepare financing.

Posted by joeter999 > 2014-04-26 16:00 | Report Abuse

Keuro is a deep undervalue RNAV(RM4.96) play....

Posted by choop818 > 2014-04-26 17:22 | Report Abuse

Joeter999, care to explain how you got RM4.96?

Posted by joeter999 > 2014-04-26 17:54 | Report Abuse

choop818,I will work out the calculation and let u know later...

Posted by joeter999 > 2014-04-26 20:08 | Report Abuse

Keuro is a deep undervalue RNAV play, here is my simple calculation:

1.)WCE concession - refer to IJM -CIMB Research report dated 25.04.2014 pg.4, the value of WCE concession(20%) is 485.2 m,which turn into 1,948,000,000(80%) for Keuro stake.

2.)Rimbayu land value -19.03.2014 Ecoworld bought Rm35/sq ft for a piece of LEASEHOLD land at K.Kemuning, which mean the land value of Rimbayu should be 35 x 1879 x 43560 = 2,864,723,400 ; Keuro have 28% effective share holding at Rimbayu, so the share value should be 2,864,723,400 x 28% = 802,122,552

3.) Talam Transform share - 1,143,169,550(as at 03.06.2013) x 0.10 = 114,316,955

the total value of Keuro : 1,948,000,000 + 802,122,552 + 114,316,955 - 22,652,000(net loan as at 31.01.2014) = 2,841,787,507

fair value of Keuro = 2,841,787,507 / 572,991,765(share issue as at 25.04.2014) = RM4.96 per share.

conclusion - IJM share close at RM 6.39(22% discount to RNAV RM8.18 - as per CIMB research),SAB share close at RM 5.63 (39% discount to fair value RM 9.20 - as per Public research),GADANG share close at RM 1.88 (30 % discount to T/P RM 2.67 - as per JP Apex), MRCB share close at RM 1.61(36% discount to RNAV RM2.50 - as per CIMB research) .How much discount to Keuro you give?

Pls let me know if my calculation is wrong....

Posted by member41 > 2014-04-27 09:57 | Report Abuse

After dispose talam stake what they do with proceeds.

Posted by ati_trader > 2014-04-27 17:41 | Report Abuse

added to watchlists

Posted by johnny cash > 2014-04-27 18:14 | Report Abuse

https://www.facebook.com/photo.php?fbid=780041748673770&set=a.228820880462529.68340.228799620464655&type=1&theater

Will KEURO (3565) breakout RM1.32 resistance ?

Posted by 88et88 > 2014-04-28 09:12 | Report Abuse

TP RM1.4 today?

Posted by wanderabara > 2014-04-30 01:23 |

Post removed.Why?

Posted by iQBE189 > 2014-05-08 22:55 | Report Abuse

Joeter999, so your estimated Keuro is undervalue by 300%?

Posted by moneygrabber > 2014-05-09 13:16 | Report Abuse

note that Keuro will have to fund the Wce.....first rights issue, then the traffic projection have to come through, the actual money is in the construction in the shorter term and IJM will be main beneficiary, and lastly this project has bedeviled us for more than a decade and thr rights have been postponed to end of year. There seems to be a problem with funding.

Posted by moneygrabber > 2014-05-09 13:18 | Report Abuse

it will move after rights and will be a function of traffic volumes after that

Posted by cloudcloudyap > 2014-05-11 18:52 | Report Abuse

well support at MA10.

Posted by WXGWXW > 2014-05-15 19:14 | Report Abuse

Yes. Wake up now

Posted by member41 > 2014-05-20 21:46 | Report Abuse

Further to our announcement made on 23 December 2013, the Company wishes to announce that the Government of Malaysia (“GOM”) has vide its letter dated 19 May 2014, approved the appointment of a consortium comprising of IJM Construction Sdn Bhd and Kumpulan Europlus Berhad (known as the “Consortium IJMC –KEURO”) as the Turnkey/Engineering and Procurement Contractor for the construction of the West Coast Expressway (“WCE”) project for a fixed sum contract not exceeding RM5.044 billion.

The appointment of the contractors for the construction of Sections 1,2,6,7,10 and 11 of the WCE project, at a cost of RM2.216 billion will be on an open tender basis in accordance with the Concession Agreement dated 2 January 2013. An independent costs consultant approved by the GOM will be appointed to verify the costs of these Sections.

Simultaneously, the GOM has approved the appointment of IJMC as the contractor for the construction of Sections 3,4,5,8 and 9 of the WCE project at a cost of RM2.828 billion which will be verified and confirmed by Lembaga Lebuhraya Malaysia (“LLM”).

None of the Directors or major shareholders of the Company, or persons connected with them, has any interest, direct or indirect, in the said appointment, save and except for IJMC which is a wholly-owned subsidiary of IJM Corporation Berhad, which in turn is a major shareholder of the Company.


This announcement is dated 20 May 2014.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1627785

Posted by 88et88 > 2014-05-21 10:43 | Report Abuse

Still very low, looking forward for the shareprice to shoot up.

Posted by benson911 > 2014-07-09 14:20 | Report Abuse

Very long time alr at this price range.........when can up ???

Posted by MarvelLady > 2014-07-09 14:59 | Report Abuse

watch out, next counter to move up

Posted by member41 > 2014-07-16 13:59 | Report Abuse

Rights price out

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1685553