EPICON BERHAD

KLSE (MYR): EPICON (4847)

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Last Price

0.39

Today's Change

-0.005 (1.27%)

Day's Change

0.38 - 0.405

Trading Volume

15,978,200


8 people like this.

5,501 comment(s). Last comment by luckyman 1 day ago

Posted by goupgoup888 > 2 months ago | Report Abuse

limit up ?

surviver

150 posts

Posted by surviver > 2 months ago | Report Abuse

running fast

Westeros

830 posts

Posted by Westeros > 2 months ago | Report Abuse

Today really limit up....

Posted by leonardloh > 2 months ago | Report Abuse

Nothing is impossible after Feb23 result, revenue up all the way..

Posted by Ally Yee Min Ong > 2 months ago | Report Abuse

^^

ttgipoh

262 posts

Posted by ttgipoh > 2 months ago | Report Abuse

poise to go above 0.40

Posted by leonardloh > 2 months ago | Report Abuse

soon

Westeros

830 posts

Posted by Westeros > 2 months ago | Report Abuse

so what will the price be after announcement out from PN17 hehehehe....

luckyman

680 posts

Posted by luckyman > 2 months ago | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=143196&name=EA_GA_ATTACHMENTS
True enough that a piece of good news has now been delivered approx. 3 weeks after announcement of its 3rd quarter result.
The Gross Development Value of the proposed project could be at least RM563 mil as the selling price of the 2,252 units of Rumah Idaman MBI should start at RM250,000 per unit. Hopefully more good news or construction job wins would be announced in the next 2 months before the announcements of its 4th quarter result as well as the upliftment of its PN17 classifications.
Merry Christmas and Happy New Year!

ramunia

1,123 posts

Posted by ramunia > 2 months ago | Report Abuse

huat

goodgain

164 posts

Posted by goodgain > 2 months ago | Report Abuse

Now i worry. Should let the price go up further before making announcement.

ramunia

1,123 posts

Posted by ramunia > 2 months ago | Report Abuse

don't worry too much , a very good counter for mid to long terms .

jack2

1,345 posts

Posted by jack2 > 2 months ago | Report Abuse

LU?

luckyman

680 posts

Posted by luckyman > 2 months ago | Report Abuse

With the latest JV contract announced yesterday, the company now has effectively in excess of RM1 billion worth construction contracts in hand which will provide clear earning visibility for the next 3 years. Hence, its prospect is bright.

Westeros

830 posts

Posted by Westeros > 2 months ago | Report Abuse

Huat lah........

Posted by leonardloh > 2 months ago | Report Abuse

@luckyman Totally agreed.

goodgain

164 posts

Posted by goodgain > 2 months ago | Report Abuse

1 billion for next 3 years. Property development margin is around 15% which mean 150m profit for 3 years. 50m per annum. Shares including preferred shares is about 800m unit. Which means 6.25sen per share return. What is PE average for construction/developer company in Malaysia?

Posted by Whiteevoque > 2 months ago | Report Abuse

Soon pn17 uplift, hopefully LU at leat once or twice like comcorp hehe

luckyman

680 posts

Posted by luckyman > 1 month ago | Report Abuse

I hope that the company could win another two or three big construction projects plus announcing great fourth quarter's earnings before announcing the upliftment of PN17 classification. Then it would be a really great celebration for a lot of long term investors here.

jack2

1,345 posts

Posted by jack2 > 1 month ago | Report Abuse

lucky, what is yr TP

luckyman

680 posts

Posted by luckyman > 1 month ago | Report Abuse

I don't have a target price yet. I intend to invest for a longer term to see the transformation journey of Epicon until it delivers net profit in excess of RM150 million p.a.
The major shareholder namely the Doh Family had successfully transformed another company Lagenda Properties (fka DBE which was a PN17 company too) into a sizable and successful public listed company which delivered net profit of RM200 mil within a year or two after the takeover. So I believe and hope that the Doh Family would duplicate their previous success in Epicon given that their good track record and strong business acumen. Meanwhile, just sit tight and ride with the transformation journey.
Happy New Year.

jack2

1,345 posts

Posted by jack2 > 1 month ago | Report Abuse

going to close the year with a boom up

durian1

43 posts

Posted by durian1 > 1 month ago | Report Abuse

what's happening? Any bad news?

moven00

698 posts

Posted by moven00 > 1 month ago | Report Abuse

Sharp profit taking.

Posted by damansaraeagle > 1 month ago | Report Abuse

no bad news
But it is going

Westeros

830 posts

Posted by Westeros > 1 month ago | Report Abuse

No bad news its just profit taking for those who have hit their TP, its a healthy sign.

goodgain

164 posts

Posted by goodgain > 1 month ago | Report Abuse

What new contract with normalised margin? No one spending right now. Gov tightened up. Residential yet to show good sign to improve.

moven00

698 posts

Posted by moven00 > 1 month ago | Report Abuse

Macam Greater Fool stock. All data looks good, all project coming, profit macam ini high, till when and when…. Kuat kelentong…. Becareful.

Westeros

830 posts

Posted by Westeros > 1 month ago | Report Abuse

No one is forcing you at gun point to buy, dont want to buy its your choice. Happy Weekend.

Posted by soonning65 > 1 month ago | Report Abuse

Uptrend for Epicon

Posted by upupdragon > 1 month ago | Report Abuse

anyone know when the company will submit report to bursa to exit from PN 17 ?
Before cny or after cny ???

wongchin

983 posts

Posted by wongchin > 3 weeks ago | Report Abuse

Ask god will tell u when exit pn 17. If i knw today also i buy in. Everyone will buy in if got news leak out. Who knws tomorrow suspended.

wongchin

983 posts

Posted by wongchin > 3 weeks ago | Report Abuse

Buy big risk medum reward. Dt buy no risk no reward. Your $ your risk. I buy a little to try my luck only. No insider news ok

Westeros

830 posts

Posted by Westeros > 3 weeks ago | Report Abuse

well whatever it is there will be news on Friday whether regulations plan got or not as Bursa will update. So by Friday everyone will know whether exit PN17 or not and continue for another month. Just wait lor patience is a virtue...I also no insider news wokeh

Posted by soonning65 > 3 weeks ago | Report Abuse

@upupdragon. Only proposed regularisation plan was completed .. not yet submit to bursa I think

https://www.klsescreener.com/v2/announcements/view/5507963

luckaje

499 posts

Posted by luckaje > 2 weeks ago | Report Abuse

still no update pn17...wait cny only laa

6stars

47 posts

Posted by 6stars > 2 weeks ago | Report Abuse

This month end will announce QR.
If QR good, expect price to rise

goodgain

164 posts

Posted by goodgain > 2 weeks ago | Report Abuse

A lot of RPT contract. Obviously will show good profit.

jack2

1,345 posts

Posted by jack2 > 1 week ago | Report Abuse

if can get 5M profit would be good

luckyman

680 posts

Posted by luckyman > 1 week ago | Report Abuse

The price action seems to resume its up trending. Hopefully it would announce some job wins before its latest quarterly earnings announcement.

jack2

1,345 posts

Posted by jack2 > 1 week ago | Report Abuse

lets break 50

Posted by soonning65 > 1 week ago | Report Abuse

Nxt week q4 result will be out?

durian1

43 posts

Posted by durian1 > 4 days ago | Report Abuse

hmm

Posted by soonning65 > 3 days ago | Report Abuse

If its qr is green, then it will break 40 cents 😊

luckyman

680 posts

Posted by luckyman > 2 days ago | Report Abuse

https://www.thestar.com.my/news/nation/2024/02/22/sp-predicts-9-rebound-in-ringgit-by-end-2024
Hence, the economy outlook should be decent and good.

6stars

47 posts

Posted by 6stars > 2 days ago | Report Abuse

QR report looks decent with gross profit of 6.378mil👍

Posted by silentWolf > 1 day ago | Report Abuse

Order book 644mil, based on existing qtr revenue, can tahan 10 qtr d lo

Posted by silentWolf > 1 day ago | Report Abuse

slow and steady grow company

luckyman

680 posts

Posted by luckyman > 1 day ago | Report Abuse

Some profit could have been deferred to next quarter earning reporting which is the first quarter for FY2024. Likely the company would report at least RM40m net profit for 2024 in order to bring it to next level of growth. Otherwise, a new CEO will be appointed to chart the new growth for the company.

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