if you like to shout "buy...buy...buy..." , carry on , nobody stop you if you want to talk about your uncle, carry on, nobody stop you but please do not bite people when he feels painful he has no choice but ,to fight back
everything has a limit one's tolerance also has a limit some people choose to keep quiet leave the forum, ignore you they are not scare of you you do not deserved their time to response please do not behave like a mad dog bite everyone you meet behave like a culture man bad English is not a sin bite people is a sin I hope you learn.
I take it as challenge to save him from his ill behavior we know it is hard to make big money in the market now isn't it a good job , we spend some time to save a person take it this way nobody can hurt you
Posted by aiaili > Apr 21, 2020 11:10 AM | Report Abuse
by the way uncle seng, he is testing ur bottom line lol.
Roger3210 is not totally useless and hopeless at least he know ekovest is a good buy now he is overcome by the negative energy he had gathered he has no control of what he said look at his comments other than scolding people stupid , eat shit, ci-bai, my uncle said , buy. no shares. nothing new .
March 12 Closing, April 20 Highest KLCI 1419.43 1428.95 Construction Index 164.7, 164.34 Ekovest 0.49 0.52
Lim Kang Hoo buyback total 38.648mil of shares at the cost of RM20.152mil and the average price is at 0.52 **assume buyback price is (open+close)/2 on that particular day**
TAN SRI DATO' LIM KANG HOO 05-Mar-2020 Acquired 2,148,700, 0.6075 TAN SRI DATO' LIM KANG HOO 06-Mar-2020 Acquired 5,000,000, 0.5925 TAN SRI DATO' LIM KANG HOO 09-Mar-2020 Acquired 10,500,000, 0.535 TAN SRI DATO' LIM KANG HOO 10-Mar-2020 Acquired 5,000,000, 0.5025 TAN SRI DATO' LIM KANG HOO 11-Mar-2020 Acquired 2,000,000, 0.51 TAN SRI DATO' LIM KANG HOO 12-Mar-2020 Acquired 6,000,000, 0.495 TAN SRI DATO' LIM KANG HOO 13-Mar-2020 Acquired 6,000,000, 0.4675 TAN SRI DATO' LIM KANG HOO 16-Apr-2020 Acquired 1,000,000, 0.475 TAN SRI DATO' LIM KANG HOO 17-Apr-2020 Acquired 1,000,000, 0.485
From observe, the purchase price is quite suspicious due to no buyback action when the price hit below 0.4 and even 0.3? This is clearly a typical way of changing hands from proxy to the boss. Buy high from proxy before the fall and buy again from proxy after the bounce. The proxy can evade the fall and have plenty of cash to buy at the bottom then sell back to the boss at a higher price. At this moment, I predict selling will still ongoing and will swing around 0.45-0.5 if the economic condition didn't change much. Next, KLCI, construction index, and ekovest move simultaneously and correlatively, not much bargain can do in Ekovest.
These buyback transactions will definitely reduce the number of shares that liquid in the market and proxy have more cash on hand to push this Ekovest to higher when having good news in the future.
If you have holding power, try your luck to grab it at an average of 0.45 and hold it for at least a year. You definitely will get rich with minimal risk.
it doesn't seem logical I do not understand why he need to buy from his proxy at a higher price , unless he wants to push the price higher . isn't his proxy money his own money , what we see is that he bought a lot without selling a single shares
His own money has to declare while proxy needed not. Out of Regulation. Boss can hold a longer period and indicate a good signal to the market if doing buyback. Proxy needs money to pay misc and wait for good opportunities to pump.
Those good brand construction firm more than 1, not much bargain now. For WCT Ekovest and IJM are good to have. These stocks are not too bad but the share is too liquid in the market due to holding by weak hand.
Still remember what the boss said When he propose ekovest to acquire iwcity Ekovest was valued at RM1. 50 per share.
If can and willing to keep the share for a year or 2, there is nothing to worry. Moreover BM going to start soon, Duke 3 to be completed by the end of the year. Government no more and cannot afford to abolish the toll. What we can see is that year 2021 or latest year 2022 Duke will be listed as a highway reit. A exit policy to achieve an IRR of at least 10% for the epf investment in Duke 1 and Duke 2
Don't forget our Malaysia is a developing countries in the world, Don't get fancy about those technology stuffs such as 5G,AI and electronic car. We, Malaysia definitely not capable of doing it. Just left construction that can stimulate domestic demand in the future such as build road, skybuilding,infrastruce. No doubt China construction firm can provide more cost effecient than our local construction firm, it's wise to work coorperate with them, this is what Ekovest doing.
When we invest into a company, the first thing we see is the type of business. Is it the type we like, it is the type we know, is the type we like to know more. If not, many a time it end up. Sifu win and you lose.
The second thing we see is the potential future growth. How the company create value for the shareholders, Is it sustainable, What is the reasonable price to enter, how far it can go, and more important any good stories or catalyst to push the earning higher, hence the price higher and higher
I wish to share with you what I know , right or wrong, I don't know, you can correct me if I am wrong We can only do this provided Roger3210 or abcccd do not bite us.
I am more interest in a company that the boss focus more on his own business that his family is holding more than 60% rather than the share price. Pump and dump is shortsighted, the boss has many ways to make more money for himself when the business is successful rather than pump and dump now.
His own money has to declare while proxy needed not. Out of Regulation. Boss can hold a longer period and indicate a good signal to the market if doing buyback. Proxy needs money to pay misc and wait for good opportunities to pump.
I do not believe the price will move up as aggressive as the volume these few days. Because the coming quarter and the next QR will be most probably not so good. This is the time, the faint hearts will panic and it is a good time to collect more
The future of this company is bright and its already undeniable. In my perspective the only issue of this company is its high level of debt. This debt might eat up a lot of his earning. If 1 day this company clear up his debt then the price will definitely shoot up. When will this company clear off its debt ? My guess is once his durian business and duke 1,2,3 manage to bring good income to cover the debt. The only risk is the extension of MCO that cause no income to sustain the utility until it damage this company (hopefully this company is wealthy, if somebody would like to check it out I appreciate it). Technically roger3210 buy buy buy is no wrong. And I like Aseng words, very convincing. Let's be a good citizen. Stay at home to end this covid-19 pandemic fast ! Cheers
duke1,2,3 alone can bring good earning to Ekovest.
we can compare with the peer "LITRAK" which owned LDP highway. The stock valuated at rm3.90 after covid19 outbreak. the share number is 5x less than ekovest. roughly rm0.78.
this alone convince us that stock at least worth that price. Not to say ekovest have 3highway compare to LITRAK 1 highway.
Litrak has Sprint and LDP highway while Ekovest has Duke 1,2 and upcoming SPE. The difference is litrak just a highway listed company while Ekovest has diversified businesses such as property, infra, and plantation. Share price will get affected if one of those sectors not performing well.
For toll operation of Ekovest, it recorded stable growth over the year and provide stable cash flow for Ekovest to further develop their businesses.
EPS is 0.055 for the past 4 qrts and 0.01 is for dividend payout, less than 20% of payout ratio. 80 % is used for futher growth definitely is good for the company.
Can't compare apple-apple. As mentioned by <dleMoney66>, Ekovest has diversified biz.
But the main difference is: 1) the entry and exit of the highway 2) whether the users of the highway are daily users or not 3) How many interchange , township and business parks along the highway
If you compare the LDP,Sprint(LITRAK) and Duke 1,2 (Ekovest), you will notice a very obvious difference during peak hours.
It's probably too late for you to test it out now.
Those who use them on weekdays for LDP, SPRINT, Duke 1&2 will know what I'm talking about.
Posted by MJ Lee > Apr 21, 2020 3:26 PM | Report Abuse
duke1,2,3 alone can bring good earning to Ekovest.
we can compare with the peer "LITRAK" which owned LDP highway. The stock valuated at rm3.90 after covid19 outbreak. the share number is 5x less than ekovest. roughly rm0.78.
this alone convince us that stock at least worth that price. Not to say ekovest have 3highway compare to LITRAK 1 highway.
Drop is expected No drop is a bonus Shares trading is the transfer of wealth from weak hands to strong hands Are you the weak hand or strong hand? You make the choice.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
roger3210
594 posts
Posted by roger3210 > 2020-04-21 10:16 | Report Abuse
Hahahhahahhhahbah