EKOVEST BHD

KLSE (MYR): EKOVEST (8877)

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Last Price

0.34

Today's Change

-0.005 (1.45%)

Day's Change

0.34 - 0.35

Trading Volume

367,200


30 people like this.

70,555 comment(s). Last comment by lawrence86 15 hours ago

FutureGains

9,502 posts

Posted by FutureGains > 2 months ago | Report Abuse

2B contract today.....tmr 50c

EVO118

1,618 posts

Posted by EVO118 > 2 months ago | Report Abuse

We know the rumour has been out for awhile but has this already been priced by the market? Sure doesn't look like it considering the % movement during the past week.

EVO118

1,618 posts

Posted by EVO118 > 2 months ago | Report Abuse

It will close alot higher than 0.415 by end of the day.

EVO118

1,618 posts

Posted by EVO118 > 2 months ago | Report Abuse

1.98B out of a total project cost of 3.7B. That is 52% take of the project cost.

"The government has received notification from Adil Permata Sdn Bhd in regard to its “white knight” to take over the company and its RM3.7 billion Rapid Transit System Link (RTS Link) project connecting Bukit Chagar in Johor Bahru to Woodlands in Singapore, according to Transport Minister Datuk Seri Dr Wee Ka Siong."

Posted by bullmarket1628 > 2 months ago | Report Abuse

Ekovest take over EPC job in RTS link
project for RM1.98 billions


https://ceomorningbrief.theedgemalaysia.com/2022/0405/

Walaoeh, super good news !
Ekovest grabbed a big RM1.9 billion project !
Like that today Ekovest going to limit up to closed
at=> 0.705 +0.30 + 74.1% already liao lah !

Heng ah, Ong ah, Huat ah !

EVO118

1,618 posts

Posted by EVO118 > 2 months ago | Report Abuse

It has a short time frame. Only a 4 years project.

Posted by Jonathan Keung > 2 months ago | Report Abuse

This engineering contract awarded by Adil Permata to Ekovest for the construction of the RTS project works is coming from a Private limited company and not directly from the government or Johor state. Indirectly means Ekovest will bearing and funding the entire construction cost of the project. With rising building material costs up significantly the last 2-3 months. It's worrying {risk} if the is any delay or mismatch in construction fundings. The cost is 1.98 billion bear by Ekovest alone. Not really a plum job if you look into the fine prints .a limited 4 year timeline

DickyMe2

1,424 posts

Posted by DickyMe2 > 2 months ago |

Post removed.Why?

Plantermen

1,788 posts

Posted by Plantermen > 2 months ago | Report Abuse

Announcement without any detailed work attachment{s} on actual contractual award, fundings, land acquistion, project scope and variable cost adjustment and most critical any EIA studies?

EVO118

1,618 posts

Posted by EVO118 > 2 months ago | Report Abuse

I am sure that a shrewd businessman like Lim is very aware of the ins and outs of the construction industry and I do not think he entered into this hugh contract without doing his homework. Having done so much construction he would be aware of cost variations. Am very sure they did not sign a contract without allowance for variations. That is just a normal business practice. As for the the rest of the feasibility studies, pretty sure they have their own people have a look into it before anything is sign. No way LIm is going to get himself burnt on this big project. DYOA.

RWG

447 posts

Posted by RWG > 2 months ago | Report Abuse

good news also cannot up. jibye

aireez

302 posts

Posted by aireez > 2 months ago | Report Abuse

wait ...
operators waiting after T3 time away
afternoon will shut up lorrrr
better collect noww

aireez

302 posts

Posted by aireez > 2 months ago | Report Abuse

Good Luck !!

looiting

362 posts

Posted by looiting > 2 months ago | Report Abuse

Goreng saje

carimakan

2,444 posts

Posted by carimakan > 2 months ago | Report Abuse

tunggu lagi 3 tahun baru bull ini kaunter..

hng33

18,454 posts

Posted by hng33 > 2 months ago | Report Abuse

The Board of Directors of Ekovest (“Board”) wishes to announce that our wholly-owned subsidiary, Ekovest Construction Sdn Bhd (“ECSB”) has been accepted by Malaysia Rapid Transit System Sdn Bhd (“MRTS”) (a wholly-owned subsidiary of Mass Rapid Transit Corporation Sdn Bhd), the developer and owner of the civil infrastructure for the section of Malaysia in Johor Bahru to Singapore Rapid Transit System Link Rail connecting Johor Bahru and Singapore (“RTS Link Project”), as the collaborative partner of Adil Permata Sdn Bhd (“APSB”), the appointed main contractor by MRTS for the RTS Link Project, to undertake the construction of the RTS Link Project.

Ekovest get direct contract from government instead of get subcontract from adil permata. Ekovest status jointly partner, not subcontractors

hng33

18,454 posts

Posted by hng33 > 2 months ago | Report Abuse

Ekovest job scopes is EPC for civil work, whereas Adil permata is in system testing and commissioning

hng33

18,454 posts

Posted by hng33 > 2 months ago | Report Abuse

bought ekovest at 39.5sen

Posted by newtrader1989 > 2 months ago | Report Abuse

Buy buy buy

Posted by newtrader1989 > 2 months ago | Report Abuse

Time to all innnnnnnnn

Posted by milodrinker > 2 months ago | Report Abuse

dumb

EVO118

1,618 posts

Posted by EVO118 > 2 months ago | Report Abuse

It is not going to move until we start seeing some earthmoving equipment in action.

hng33

18,454 posts

Posted by hng33 > 2 months ago | Report Abuse

Ekovest get direct contract from government instead of get subcontract from adil permata. Ekovest status jointly partner, not subcontractors.

Whereas, gadang get subcontract from adil permata. Subcontract fetch lower profit margin if compared to ekovest direct main contract from gov

hng33

18,454 posts

Posted by hng33 > 2 months ago | Report Abuse

bought more ekovest at 38-38.5sen

EVO118

1,618 posts

Posted by EVO118 > 2 months ago | Report Abuse

Johor Sultan visits RTS construction site in Woodlands.
https://www.malaymail.com/news/malaysia/2022/07/22/johor-sultan-visits-rts-construction-site-in-woodlands/18825.

Posted by bullmarket1628 > 1 month ago | Report Abuse

Walaoeh, What happened ?
Super damn hot man Ekovest today !
Now Ekovest already traded at=>
0.405 (+0.015) (+3.9 %) !

Heng ah, Ong ah, Huat ah !

Posted by donaldchong1991 > 1 month ago | Report Abuse

This counter is going up in the next 2 weeks

chesslim

887 posts

Posted by chesslim > 1 month ago | Report Abuse

记住,当别人恐惧时你要贪婪。

Posted by bullmarket1628 > 1 month ago | Report Abuse

Najib whisked away in black SUV to begin 12-year-jail sentence, as daughter vows, ‘Bossku does not end here’ 
By Soo Wern Jun
Tuesday, 23 Aug 2022 7:05 PM MYT

https://www.malaymail.com/amp/news/malaysia/2022/08/23/najib-whisked-away-in-black-suv-to-begin-12-year-jail-sentence-as-daughter-vows-bossku-does-not-end-here/24339

KUALA LUMPUR, Aug 23 — After more than four years of being on trial for misappropriating funds from SRC International Sdn Bhd and losing his final appeal against his conviction today, former prime minister Datuk Seri Najib Razak was seen departing the High Court to begin his 12-year-jail sentence.

The decision today marks a historic moment for Malaysian politics as the country will witness for the first time a former prime minister sent to prison.

"I’m sorry,” were his last words heard when he met with his supporters at the rear entrance of the Palace of Justice…..

EVO118

1,618 posts

Posted by EVO118 > 3 weeks ago | Report Abuse

It is 2 months out from their release of news on the RTS. Still no earth moving equipment. They got approximately 4 years to complete. Are they a slow performing company or are they still trying to hatch it?

ahyen10

18 posts

Posted by ahyen10 > 3 weeks ago | Report Abuse

Quarter result:
QoQ- -1455.99%
YoY- -4558.01%

EVO118

1,618 posts

Posted by EVO118 > 3 weeks ago | Report Abuse

Ekovest net loss swells in 4Q as construction and property investment revenues decline
https://www.theedgemarkets.com/article/ekovest-net-loss-swells-4q-construction-and-property-investment-revenues-decline

Posted by lawrence86 > 3 weeks ago | Report Abuse

Aha....hopelly nobody kena those jockers rubbish theory......typical sampah share

EVO118

1,618 posts

Posted by EVO118 > 3 weeks ago | Report Abuse

With results like that you would think there is some urgency to get the RTS going before their cash flow gets eaten away.

aiaili

3,143 posts

Posted by aiaili > 3 weeks ago | Report Abuse

i wish i can see the summer christmas brightening for this year lol...

Posted by SomaCruz89 > 3 weeks ago | Report Abuse

Cheap musang king arrived.

EVO118

1,618 posts

Posted by EVO118 > 2 weeks ago | Report Abuse

Free Musang King at AGM?

Yu_and_Mee

3,094 posts

Posted by Yu_and_Mee > 2 weeks ago | Report Abuse

QR net loss kao kao

EVO118

1,618 posts

Posted by EVO118 > 2 weeks ago | Report Abuse

Is the RTS still alive? Are we waiting for a new Govt to come in after GE15?

1pingpong

148 posts

Posted by 1pingpong > 2 weeks ago | Report Abuse

APA hal ah? still alive ka? stuck inside too long adi... help la, go up pls

1pingpong

148 posts

Posted by 1pingpong > 2 weeks ago | Report Abuse

kalau mau jatuh - jatuh kau2, if not, pls go up.

Ron90

3,646 posts

Posted by Ron90 > 1 week ago | Report Abuse

wah..got hot news today kah?..

Posted by bullmarket1628 > 1 week ago | Report Abuse

Walaoeh, what happend?
super damn hot man Ekovest today !
Now Ekovest already traded at => 0.375 (+0.025) (+7.1 %)

Heng ah, Ong ah, Huat ah !

willc48

481 posts

Posted by willc48 > 1 week ago | Report Abuse

problem..projek kerajaan. mana duit bayarsn?

Posted by lawrence86 > 1 week ago | Report Abuse

Aha...i saw part of jockers start floating out try to sell prospect , news rumors and futures aldy...beware guys.... dont kena....drop balik will diving back to the deep sea....

1pingpong

148 posts

Posted by 1pingpong > 5 days ago | Report Abuse

haaaa...suda jatuh balik....kena GAMEEEEEEEEEE

Posted by lawrence86 > 15 hours ago | Report Abuse

tu normal...once up haft cent , all guru2 expert will float out from deep sea to sell their grandfather story, now continue koyak....all of them diving back to the deep blue sea , typical jocker pattern, hopefully nobody kena their nonsence la...

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