Posted by EVO118 > 2020-09-22 18:20 | Report Abuse

Roger, trust your own judgement. I am with you, will go below 0.50. We are outnumbered!

Posted by anthonytkh > 2020-09-22 18:35 | Report Abuse

I went out with profit at .57 on early 21/9 the same day as it went down to .53 . I just watched the trades the day before and decided it was best to exit. Good luck to all. I may go in again but depends on shareholders to agree to TS Lim’s proposal

Posted by BladeGuard > 2020-09-22 19:32 | Report Abuse

market has spoken....it is not confident of the proposal.

perhaps massive rights is anticipated we dunno

will lookm into ekovest again after the funding of 1.5bil is confirmed.

till then...stock price probably will go side ways until some news of confirmation of plans are out

Posted by Striker90 > 2020-09-22 19:47 | Report Abuse

https://www.theedgemarkets.com/article/market-confidence-malaysia-remains-strong-amid-covid19-says-tengku-zafrul

Posted by Striker90 > 2020-09-22 19:48 | Report Abuse

https://www.theedgemarkets.com/article/market-confidence-malaysia-remains-strong-amid-covid19-says-tengku-zafrul

Posted by Striker90 > 2020-09-22 19:56 | Report Abuse

https://www.google.com.my/amp/s/www.nst.com.my/amp/property/2020/09/626299/bandar-malaysia-start-over-12-world-class-towers-worth-rm10-billion-2021

Posted by khatulistiwa1234 > 2020-09-22 20:48 | Report Abuse

Eternity stock , buy not for current , is for forever , golden egg .

Posted by tkl88 > 2020-09-22 20:53 | Report Abuse

Bandar Malaysia to start with over 12 world-class towers worth RM10 billion in 2021
By Sharen Kaur
September 22, 2020 @ 10:40am

https://www.google.com.my/amp/s/www.nst.com.my/amp/property/2020/09/626299/bandar-malaysia-start-over-12-world-class-towers-worth-rm10-billion-2021

The developers for Bandar Malaysia said they will build more than 12 world-class towers with a gross floor area of over 12 million square feet in Phase 1 of South East Asia's largest development project.
Construction will commence by June next year, reflecting their confidence that the development will spur the Malaysian economy and create hundreds of thousands of jobs, says Iskandar Waterfront Holdings Sdn Bhd (IWH) executive chairman Tan Sri Lim Kang Hoo.

Lim, in an interview with NST Property, said the first phase will see an estimated gross development value (GDV) of around RM10 billion.
He again dismissed notions that the mammoth project would add to the over-supply of residential and office space in the city.
"We have done our homework and property boom-and-bust is a cycle. Statistics show that when there is a bust, the recovery comes within three years and the boom lasts much, much longer.
"The boom sustains; the bust will overcome," Lim said, explaining why he was embarking on the project.
"I am a businessman and I wouldn't be doing this if I thought it would not succeed," he said.

Lim said with the master plan that they have put in place when the first phase is completed in four years after starting work, multinational companies and financial institutions can either lease or buy properties at prices considerably lower than other CBDs (central business districts) in neighbouring countries.
Phase 1 will kick-off with infrastructure development involving the building of several roads and highways, as well as installing power and water supply, costing several hundred million ringgit.
Lim said that IWH-CREC Sdn Bhd (JVCo) will invite qualified investors, developers, consultants, and contractors, both local and overseas, to submit proposals to participate in the development.
"We are doing a pre-qualification for all international and local firms, including Bumiputera companies to be registered for participation in this project. We will select the best," he said.
In the first phase, there will be several Grade A office towers, hotels, serviced apartments, and luxury residences, developed across 20.23ha over four years.

Posted by khatulistiwa1234 > 2020-09-22 20:53 | Report Abuse

any lower on current , i invest on .

Posted by tkl88 > 2020-09-22 20:55 | Report Abuse

Property overhang to be resolved
Lim said the Bandar Malaysia project will help to dramatically ease the current overhang in the property market by creating hundreds of thousands of job opportunities and economic spillovers across major industries.
"I disagree with those who say that the Bandar Malaysia project will further worsen the oversupply of properties in Kuala Lumpur.
"Thousands of people, including expatriates, will be working on this project in the next four to five years. They will require office space, and a home to stay and they will be looking at the KLCC area as Bandar Malaysia is not too far off from there.
"As a start, it can be expected that property prices and rents in the KLCC area will increase," he said.
Lim reiterated that when he launched Danga Bay in Johor Bahru 23 years ago, many had expressed similar negative views, given that Johor was one of the worst affected states by the Asian financial crisis.
"Look at Johor Bahru today," he said.
"There are many activities in Johor Bharu today and most shops and offices are occupied."
Lim argued that the situation in the country and in Johor will improve despite the current slow economy, partly because of the Johor Bahru–Singapore Rapid Transit System (RTS). The RST will further enhance the connectivity between Johor Bharu and Singapore.
"We can expect more Singaporeans coming to Johor Bahru to look for a place to stay as the properties are three times cheaper than in their home country. In the future, we may also see a lot of Singapore-based companies setting up offices in Johor Bahru to take advantage of the tax incentives and the lower cost of operation," Lim said.

Prime national development to boost the local economy
Lim said that Bandar Malaysia, a prime national economic project will resuscitate and jump-start the Malaysian economy.
"Malaysia needs such a large scale project to prime pump the economy. A project of this nature will attract foreign direct investments (FDIs) and that is what we are aiming for. With FDIs, there will be economic benefits and spillover effects across the various industries and a lot of Malaysian companies are going to benefit, including Bumiputera firms.
"We need a massive project like Bandar Malaysia to attract FDIs and talent from around the world and reduce the glut in the property market. There must be large scale economic activities and the project itself must be attractive in terms of its product offerings. We are building a smart, intelligent city...a new CBD," Lim said.
Bandar Malaysia is located at the site of the former Royal Malaysian Air Force base in Sungai Besi. It will be developed across 194.5ha and will be the single largest city development project in South-East Asia.
Based on international real estate consultants' estimates, the GDV of the Bandar Malaysia project is estimated to be over RM200 billion; the Ministry of Finance Incorporated (MOF Inc) had earlier in December 2019 estimated an RM140 billion GDV for the project.
The master developer of the project is IWH-CREC, which holds 60 per cent in Bandar Malaysia Sdn Bhd while the government holds the other 40 per cent through the Ministry of Finance Incorporated's (MOF Inc) wholly-owned subsidiary TRX City (TRXC) Sdn Bhd.
IWH-CREC is a joint venture (JVCo) between IWH and China's state-owned enterprise China Railway Engineering Corp (CREC). IWH holds a 60 per cent stake while the remaining 40 per cent is owned by CREC. However, they both share 50:50 in economic benefits.
Lim is a common shareholder of Ekovest Bhd and IWH. He holds 63 per cent in IWH through his private vehicle Credence Resources Sdn Bhd.
The Johor government holds the remaining 37 per cent in IWH, through Kumpulan Prasarana Rakyat Johor Sdn Bhd.
IWH-CREC tendered for the project, which attracted around 40 bidders, at RM12.35 billion, and its 60 per cent stake works out to RM7.41 billion.
Ekovest seeks to acquire 40 per cent of IWH's equity. Upon the successful completion of the strategic stake, Ekovest will own 12 per cent of Bandar Malaysia and its construction order book, currently at RM1 billion, will balloon multiple times over the 20 to 30 year period of the development.
The Main Market-listed group's property development division will also get a major boost.
Lim has said that IWH's offer to Ekovest is so that the latter can offer participation opportunities to all companies which he has investments in.

Posted by Kingston1 > 2020-09-22 20:56 | Report Abuse

Apa cerita ekovest? Tak da energy langsung.. Alamak.. Hahaa

Posted by DickyMe > 2020-09-22 20:58 |

Post removed.Why?

Posted by Striker90 > 2020-09-22 21:09 | Report Abuse

Ok tmr rebound to 0.58

Posted by SuperKenn > 2020-09-22 22:14 | Report Abuse

Tomolo 0.48

Posted by apolloang > 2020-09-22 22:15 | Report Abuse

dow jones yesterday down 509 only down 1ct,tonite dow jones tidur mana tomoro ekovest can down to 48cts? apa reason?

Posted by Striker90 > 2020-09-22 22:21 | Report Abuse

No way, tmr is rebound and restart up trend

Posted by topsidecon123 > 2020-09-22 22:44 | Report Abuse

Ekovest is cash rich company

Posted by freddiehero > 2020-09-22 22:49 | Report Abuse

ya cash rich, rich come from dept?

Posted by freddiehero > 2020-09-22 22:49 | Report Abuse

but I like durian

Posted by roger3210 > 2020-09-22 23:48 | Report Abuse

ekovest cash rich ? What a joke, if ekovest is cash rich then why is ekovest paying 40mil financing cost every quarter ? It is asset rich but huge DEBT.

Posted by Santiago > 2020-09-22 23:55 | Report Abuse

Hahaha.. up 1 day.. then kill many retailers..

Posted by wehcant > 2020-09-23 00:08 | Report Abuse

No news of Ekovest entering a proxy agreement with Ekoeast vaccine maker?

Posted by Yu_and_Mee > 2020-09-23 06:01 | Report Abuse

This is a good trading stock. Buy at below 0.50 and sell at around 0.60. If 6 months repeat once, means 1 year can get 40%, far better than bank FD.

Posted by SJSOON > 2020-09-23 07:28 | Report Abuse

Reverse take over LKH’s company.

Posted by SJSOON > 2020-09-23 07:29 | Report Abuse

Acquire EKOVEST’s full shares and spin off the assets. Kick Lim’s out of BoD.

Posted by Striker90 > 2020-09-23 07:58 | Report Abuse

Today big rebound ya, 9am Cepat beli

Posted by Virus t > 2020-09-23 08:11 | Report Abuse

Why Ekovest so bullish

The main asset under Ekovest are expressway Duke 1,2 and 3(Under construction) wherein asset stream recurred income regardless economic condition. As we knew how is the traffic condition in KL, every car go through toll mean company earn the money. Although expressway need a huge upfront to complete the project thus create huge debt and interest expense but this isn't problem for a highway company once Duke 3 is completed next year will see earning surplus interest expense.

Look into Bandar Malaysia project and concern over property overhang in our country. As we searching through those property overhang for long period of time can conclude that those overhang property are in poor location and poor building quality which is out of buyer radar. Bandar Malaysia is a prime project located in KL and easy access to all infrastructure and how can compare to those overhang property.

Posted by Striker90 > 2020-09-23 08:23 | Report Abuse

Don’t you feel weird, the so call biggest single development project ever in SEA, not even single analyse give report or upgrade TP for Ekovest. And not even much ppl talk about this in FB or invest group, all stil on globe and vac, gosh this Covid-19

Posted by roger3210 > 2020-09-23 08:46 | Report Abuse

for those who stuck, any green is an opportunity for you to reduce your loss, better cut as early as possible before it proceed to further decline below 50c which expected to happen in next few days.

Posted by roger3210 > 2020-09-23 08:56 | Report Abuse

Striker90, market is skeptical with this mega project, some even think this project will fail miserably due to property overhang are very serious in malaysia especially johor and kl/selangor. Some construction company may benefit but the project owner, which is IWH/ Eko/ Crec will suffer from heavy loss especially in early stage.

Posted by khatulistiwa1234 > 2020-09-23 09:11 | Report Abuse

Sold off to me , dirt again the wind , i swallow all , ROSSA spoke .

Posted by aiaili > 2020-09-23 09:12 | Report Abuse

my 6sense told me today up lol...

Posted by Striker90 > 2020-09-23 09:14 | Report Abuse

Roger bro, today seems quite and super low volume

Posted by khatulistiwa1234 > 2020-09-23 09:16 | Report Abuse

Rossa cannot believe on BM wind gone so fast , is signal WAVE , YES , ROSSA alone that day swallow at higher 0.635 , about 2500K chips , 0.64 about 5000K chips , imagine now , is such lower 0.515 , what the hell insult , BM CRASHED in prospect or the steering man to much alcoholic driver , gutter in prestige also don't know , answer later ROSSA HUGE PUMP will release , relief the truth contents .

Posted by khatulistiwa1234 > 2020-09-23 09:19 | Report Abuse

The scene is set , awaiting button press , all will back to fierce heading tune , today is the day , EKOVEST facing out planet dating .

Posted by khatulistiwa1234 > 2020-09-23 09:20 | Report Abuse

I not persuade you all to buy , but WAVE fitted WAVE is my promised .

Posted by khatulistiwa1234 > 2020-09-23 09:21 | Report Abuse

ROME not build in one day , give me time to proof , i can do it .

Posted by khatulistiwa1234 > 2020-09-23 09:22 | Report Abuse

Historiography trace , EKOVEST will back to fight mode , Trooper is rehearsal back previous savage teeth work , any time WAR START AGAIN .

Posted by roger3210 > 2020-09-23 09:23 | Report Abuse

up in the morning close red, next few days further red and break below 50c

Posted by khatulistiwa1234 > 2020-09-23 09:24 | Report Abuse

HEAVEN ROAD not in one day , is decade fight , bullish all way , RISE BACK .

Posted by khatulistiwa1234 > 2020-09-23 09:27 | Report Abuse

LIMIT UP on call

Posted by wehcant > 2020-09-23 09:27 | Report Abuse

One of us here is Tan Sri Lim. Please write something nice about Ekovest, OK?

Posted by khatulistiwa1234 > 2020-09-23 09:28 | Report Abuse

Acknowledgement , time erupt the CENTURY BULL , 0.73 on making

Posted by roger3210 > 2020-09-23 09:28 | Report Abuse

max up 1-2c then all the way down, those holding better cut asap

Posted by khatulistiwa1234 > 2020-09-23 09:29 | Report Abuse

Express heading .

Posted by khatulistiwa1234 > 2020-09-23 09:30 |

Post removed.Why?

Posted by Striker90 > 2020-09-23 09:30 | Report Abuse

Today seems no blocking at all right above 0.54

Posted by Striker90 > 2020-09-23 09:31 | Report Abuse

See later how, if all the way up means got announcement

Posted by khatulistiwa1234 > 2020-09-23 09:32 | Report Abuse

I see the greatest source of inspiration i could not ever imagine , heading north power roof is strong trace on MORNING CURRENT < WALL GOING BREAK OUT .

Posted by roger3210 > 2020-09-23 09:32 | Report Abuse

Striker90, operator want u guys to push up b4 they sell down later, thats why putting weak sell Q and entice newbie to chase high. mark my word