the 3 DUKE highway already the core catalyst to make it worth of Rm 1.0. don't talk about others HSR project ,bandar Malaysia and durian farm. Ekovest really a good stock to invest for long term.
Just remember Ekovest sold 40% stake of duke that worth RM1.13 billions at Q1 of 2017. Remaining 60% of duke worth that 1.695 billions by that time. Company share issued : 2.636 billions
1.695/2.636 = RM 0.64 per shares This is just the net worth for toll operation.
Glove counter is fabulous, contributed 70% of trade value to KLCI. However, is not a good timing to enter glove counters anymore. Bursa changed the rules to protect those operators and institutions that holding lot of glove share, they is hard to let go their holding by that time, the only way is just push higher and higher to attract more interest and keep it hot.
Is a good time to move to other undervalue stock now, although company might not perform well, but remenber we are invest for the future
Better move to second tier health care suppliers { ventilators or swab test kits }. Top 6 heavy weights { glove makers } more expensive thank banks. TG, Super, Harta more pricey compared to PBB, HLB or Cimb
By the way, Ekovest acquisition of the Iwcity land was being postponed due to Ekovest share price drop a lot hahaha. They set it at RM1 per share and look at the share price now !!!
Private placement done at RM 0.83 last year. Boss also kena trap, have to buy back a lot during March and April to secure his margin/collateral position
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....
MariYahiMariYaho
968 posts
Posted by MariYahiMariYaho > 2020-07-05 02:33 | Report Abuse
U will know those uncle said , coming is not a dream