Are you jealous of roger3210 Sing the same tune with him to attract my attention Don't worry Don't have to PLP me I am happy to give you a chance to talk like a sifu here
If you are truely a long term partner of Botak, you don't actually bother whether it goes up 10 cent or 20 cent today or tomorrow. Because you know it is still too small an amount you want to gain
If you are truely and willing to be a long term partner of Botak, live or die, you don't actually bother whether it goes up 10 cent or 20 cent today or tomorrow. Because you know it is still too small an amount you want to gain If you have any worry, let botak worry for you If you feel there are some jobs ekovest has not done , let Botak does it for you You only need to live well, stay safe, find someone gam-key to talk with while waiting to see Botak does a good jobs. But It is not easy
for economic recovery to happen, construction sector must move first. This is why i am pinning high hope on this sector. Govt will have to support infrastructure projects. Less corruption and with better executed plans, Malaysia will recover more faster than its peers.
may be i shouldn't say he is a failure of our system our system had actually done very well he is just an small exceptional
roger3210, copy my comment and ask your son to explain to you if you still can not understand still simply bite people , then uncle Aseng can't help you anymore but to teach you the harsh way
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.
Return on Equity Ekovest, 2015 1.56% - 2016 11.8% 653% increase 2017 6.27% -46% decrease 2018 6.23% -0.5% decrease 2019 7.01% 12% increase After the bonus issue 2 for 3 share in 2017, the company recorded average 6.5% of ROE
ROE Gamuda 2015 10.76% - 2016 9.1% -15% 2017 8% -11.6% 2018 6.9% -13.2% 2019 8.74% 25% Average 8.7% ROE but significant of decresing ROE.
Gamuda is a stable company than Ekovest, while Ekovest showing some positive growth over the year. Their RoE is relatively the same in the year of 2019.
I will expect their RoE will decrease this financial year due to Covid-19. If Ekovest able to record 3-4% of RoE is acceptable.
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.
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 > 2020-04-23 01:47 |
Post removed.Why?