ENCORP BHD

KLSE (MYR): ENCORP (6076)

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Last Price

0.22

Today's Change

+0.02 (10.00%)

Day's Change

0.20 - 0.22

Trading Volume

8,500


1 person likes this.

1,484 comment(s). Last comment by Noobie123 1 month ago

tan1868

787 posts

Posted by tan1868 > 2014-04-21 17:10 | Report Abuse

Closed high mah! Huat ah!

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2014-04-21 17:51 | Report Abuse

hari hari mau

tjhldg

27,218 posts

Posted by tjhldg > 2014-04-21 23:25 | Report Abuse

huat huat huat ... bro , tony ... macai 1.64 aeh sai bo ? kikikikikiiiiiiiiiiii

tonylim

4,796 posts

Posted by tonylim > 2014-04-21 23:32 | Report Abuse

Naik Chap per chiam arrrrr eh bo
Today ko hoot . Lu uh hoot bo

tan1868

787 posts

Posted by tan1868 > 2014-04-21 23:34 | Report Abuse

Wa hoot kia lah :)

tonylim

4,796 posts

Posted by tonylim > 2014-04-21 23:39 | Report Abuse

Lim peh beh tiao half kia at 74c. Knn

tan1868

787 posts

Posted by tan1868 > 2014-04-21 23:41 | Report Abuse

wa kua mah chai ko kie kok!
up up !!!$$$$$$$$

tonylim

4,796 posts

Posted by tonylim > 2014-04-22 10:53 | Report Abuse

Up or down

dalpinia

2,299 posts

Posted by dalpinia > 2014-04-22 15:48 | Report Abuse

today down 2%. tomorrow up10%...so buy now. cheap price.....

dalpinia

2,299 posts

Posted by dalpinia > 2014-04-22 15:48 | Report Abuse

another Gadang in making....warrant shall shot more tham rm1 by this week.

tonylim

4,796 posts

Posted by tonylim > 2014-04-24 11:35 | Report Abuse

.

thesteward

6,782 posts

Posted by thesteward > 2014-04-24 11:38 | Report Abuse

rchi, tonylim....we are here at 1.49 already!

iizani

116 posts

Posted by iizani > 2014-04-24 11:48 | Report Abuse

what price today can go????

tonylim

4,796 posts

Posted by tonylim > 2014-04-24 12:05 | Report Abuse

Steward kikiki

tonylim

4,796 posts

Posted by tonylim > 2014-04-24 15:16 | Report Abuse

This CTR not popular here

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-24 20:52 | Report Abuse

EnCorp: Sources say that Felda Investment Corp (FIC), a newly set up investment arm of Federal Land Development Authority (Felda), is believed to be eyeing for a substantial stake in the mid-cap construction and property group.

In July 2013, the shareholding of Encorp saw a major change when former executive chairman Datuk Seri Dr Mohd Effendi Norwawi decided to sell out via his private vehicle Lavista Sdn Bhd, which owned a 30.55% stake in Encorp.

The stake was bought over by both Encorp group chief executive officer Yeoh Soo Ann and chief operating officer Mohd Ibrahim Masrukin.

For now (15 March 2014), it is still unclear whose block of shares FIC is ogling at.

Among Encorp’s signature development projects in Malaysia and Australia include its flagship Encorp Strand in Kota Damansara, Encorp Cahaya Alam in Shah Alam, The Enclave Hillside Villas in Batu Feringghi, Encorp Marina Puteri Harbour in Nusajaya and Residences on McCallum Lane in Perth.

As at June 2013, Encorp’s gross development value stands at RM3.5bil with its construction division’s order book generating over RM2.2bil and its concessions valued at RM2.2bil.

Set up in July 2013, FIC is one of the four income generating models created by Felda to support the new generations of Felda settlers. Thus, FIC has been tasked to monetise Felda’s existing assets including 22-acre prime land bank in Kuala Lumpur and hotels by way of undertaking ventures in property-related projects and further develop Felda’s hotel ventures under the Felda Residence brand name, among others.

It was reported that FIC via Felda also have some RM8bil worth of quoted and unquoted shares in companies in Malaysia.

Sources said that FIC is currently (March 2014) identifying new businesses and also streamlining its existing ones. For now (March 2014), the core businesses identified by FIC include hotels/hospitality, property development, travel/tourism and manufacturing businesses.

Under hotels and hospitality, which Felda has been involved since 1991, sources point out that FIC is in the process of rebranding and considering a name change for its Felda Residence (FR) chain of hotel.

There are seven Felda Residences in the country including FR Tekam in Pahang, FR Trolak and FR Hotsprings in Perak, FR Kuala Trengganu in Trengganu, FR Sahabat in Sabah and FR Tanjung Leman in Johor. This exclude the three new ones bought over by FIC in 2013 namely Hotel Grand Borneo in Sabah for RM86mil, Hotel Sri Costa in Malacca for RM24mil and UK-based Grand Plaza serviced apartments in Bayswater central London for a hefty RM497mil.

FIC came under heavy criticism from the detractors of Felda last year for splurging over RM600mil on the three ventures within a short span of five months prior to March 2014.

Meanwhile Encorp expects to continue on its growth trend and sustain its revenue growth this year from progress billings generated from the lock-in sales of RM727.5mil comprising the projects of Encorp Marina Puteri Harbour in Nusajaya, Encorp Cahaya Alam in Shah Alam and Encorp Strand Residence in Kota Damansara.

Yeoh had earlier denied that Encorp was disposing its only shopping centre asset, Encorp Strand Mall in Kota Damansara, and that an interested party had offered RM400mil to buy the mall. He said the company was keeping the shopping centre for future recurring income.

The Encorp Strand Mall is projected to strengthen the group’s financial performance for the financial year ending 2014.

Contrary to the speculation of the sale of the mall, he said preparations were going full swing for the mall’s grand opening in April 2014.

tjhldg

27,218 posts

Posted by tjhldg > 2014-04-24 23:36 | Report Abuse

kikikikikikiiii

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-24 23:37 | Report Abuse

what is there to kikikiki tjhldg?

Icon8888

18,659 posts

Posted by Icon8888 > 2014-04-24 23:39 | Report Abuse

he happy loh

making $ with encorp

tan1868

787 posts

Posted by tan1868 > 2014-04-24 23:39 | Report Abuse

yes, hope can goreng big time!

tjhldg

27,218 posts

Posted by tjhldg > 2014-04-24 23:43 | Report Abuse

like your writting brendon .. :)

tjhldg

27,218 posts

Posted by tjhldg > 2014-04-24 23:44 | Report Abuse

and ya ... icon ... si pek song : )

tonylim

4,796 posts

Posted by tonylim > 2014-04-25 00:17 | Report Abuse

Tq Brendon. Kikikiki

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-25 07:32 | Report Abuse

Did some small reading on Encorp and Sunway recently, hope Iconn888 can do better and give a good write ups on both stocks!

tonylim

4,796 posts

Posted by tonylim > 2014-04-25 09:28 | Report Abuse

Morning

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-25 09:33 | Report Abuse

Wow....encorp today move already! Looks like my article really spur the market...hehehe

bracoli

2,579 posts

Posted by bracoli > 2014-04-25 09:36 | Report Abuse

huat liao encorp..

lee9fold

4,730 posts

Posted by lee9fold > 2014-04-25 09:36 | Report Abuse

encorp must break 1.48 to climb further

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-25 09:37 | Report Abuse

Tua huat today! yippieeeee

lee9fold

4,730 posts

Posted by lee9fold > 2014-04-25 09:37 | Report Abuse

engine started...vroooommmmm

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-25 09:44 | Report Abuse

1.50 coming

iizani

116 posts

Posted by iizani > 2014-04-25 11:03 | Report Abuse

fasten your seatbelt....ENC2000 will move....

thesteward

6,782 posts

Posted by thesteward > 2014-04-25 11:10 | Report Abuse

rchi, tonylim here we meet at 1.50 ! next stop 1.60 ya.... :-)

keelin

170 posts

Posted by keelin > 2014-04-25 11:10 | Report Abuse

Hit RM1.50 !

Hotrod

733 posts

Posted by Hotrod > 2014-04-25 11:26 | Report Abuse

Whats the tp guys ?

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-25 11:26 | Report Abuse

tua huat!!

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-25 11:36 | Report Abuse

TP for encorp is RM2.26

Ring

6,522 posts

Posted by Ring > 2014-04-25 11:55 | Report Abuse

TP 2.26 I dont belief anyway whete you got the news from?

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-25 11:56 | Report Abuse

Whether u wana belief or not, its not my business. As long as i had calculated the IV for it, i am still firm. TQ

Ooi Teik Bee

11,620 posts

Posted by Ooi Teik Bee > 2014-04-25 12:03 |

Post removed.Why?

tan1868

787 posts

Posted by tan1868 > 2014-04-25 12:05 | Report Abuse

thanks brandon! cheers! huat ah!!!!!!!!!!!!!

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-25 12:06 | Report Abuse

TQ mr OTB for ur guidance and advice. i self calculated the IV based on own researches and feedbacks. mr OTB will be a better man to ask for TP. tq

Ring

6,522 posts

Posted by Ring > 2014-04-25 12:18 | Report Abuse

I appreciate your firmness on your calculation, i have been accumulating since yesterday..tq.

stockcrazy

551 posts

Posted by stockcrazy > 2014-04-25 12:38 | Report Abuse

Brendonyeap, my short term TP is RM 1.54 and long term is RM 2.20~~~ daily chart are not strong enough to support the uptrend...need more time again for the long term TP!

Ring

6,522 posts

Posted by Ring > 2014-04-25 12:48 | Report Abuse

Uptrend coming.

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-25 14:28 | Report Abuse

i always play ;long term, this stock not for contra

stockcrazy

551 posts

Posted by stockcrazy > 2014-04-25 14:56 | Report Abuse

brendonyeap, did you work out TPfor gmutual?

tonylim

4,796 posts

Posted by tonylim > 2014-04-25 16:30 | Report Abuse

Brendon how u see today

brendonyeap

1,649 posts

Posted by brendonyeap > 2014-04-25 18:43 | Report Abuse

Today look good for both mum n son, next week will be very bright for them!

Ring

6,522 posts

Posted by Ring > 2014-04-26 11:37 | Report Abuse

Basing on Brendonyeap info n from other sources it looks like felda may be buying over Encorp, better start accumulating b4 its late next flying to moon.

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