EKOVEST BHD

KLSE (MYR): EKOVEST (8877)

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Last Price

0.355

Today's Change

0.00 (0.00%)

Day's Change

0.35 - 0.36

Trading Volume

3,753,100


34 people like this.

75,770 comment(s). Last comment by theyoungman 9 hours ago

Posted by Steady Punpipi > 2021-05-30 20:01 | Report Abuse

LKC cannot manage Ekov better let those who can

KAQ4468

21,497 posts

Posted by KAQ4468 > 2021-05-30 23:06 | Report Abuse

40 cents collect penuh Lori lorrr

KAQ4468

21,497 posts

Posted by KAQ4468 > 2021-05-30 23:06 | Report Abuse

Keep for 1 year

KAQ4468

21,497 posts

Posted by KAQ4468 > 2021-05-30 23:06 | Report Abuse

Invest invest invest

jackson88

412 posts

Posted by jackson88 > 2021-05-31 09:21 | Report Abuse

This company is a cash cow with 3 highways in hand.

jackson88

412 posts

Posted by jackson88 > 2021-05-31 09:23 | Report Abuse

Yes, not surprise if sudden MGO as current major shareholder only holds below 33%. They are trying to be company to buy over land for almost RM1bil. First attempt fail. Now second attempt with reduced price. If fail again, sure then will just privatize

jackson88

412 posts

Posted by jackson88 > 2021-05-31 09:27 | Report Abuse

There is now around RM1.5bil cash or equivalent in the company. Will be a smart move to just privatize company with market cap of just RM1.09bil.

unomi12

342 posts

Posted by unomi12 > 2021-05-31 09:40 | Report Abuse

The lockdown would effect ekovest progression, as construction company still able to perform their work.

Strong support at 40 sen, by next week likely to move up to 55 sen level.

jackson88

412 posts

Posted by jackson88 > 2021-05-31 09:52 | Report Abuse

Work Ministry said Highway with 80% progress work completed can still continue work. Ekovest major construction work is DUKE 3 which is more than 90% complete

Posted by Steady Punpipi > 2021-05-31 09:53 | Report Abuse

3 QR of continuous profits this is the facts!

labu83

2,565 posts

Posted by labu83 > 2021-05-31 10:17 | Report Abuse

Dreaming below 40 cent, up uo up....

Posted by Huntercrazy > 2021-06-01 11:14 | Report Abuse

Very cheap of price now of this counter. Should be right now around 0.45-0.46

IdleMoney66

1,206 posts

Posted by IdleMoney66 > 2021-06-02 09:38 | Report Abuse

I'm back from serbadk

IdleMoney66

1,206 posts

Posted by IdleMoney66 > 2021-06-02 09:43 | Report Abuse

Cash available of the company is depleted.....does not have a health cash flow, acceptable due to MCO and covid.

IdleMoney66

1,206 posts

Posted by IdleMoney66 > 2021-06-02 09:44 | Report Abuse

Just concern how they going to pay for their Liabilities...since most of the the loan is interest fixed....

IdleMoney66

1,206 posts

Posted by IdleMoney66 > 2021-06-02 09:45 | Report Abuse

recorded negative operate cash flow....not a good sign

roger3210

554 posts

Posted by roger3210 > 2021-06-02 12:25 |

Post removed.Why?

Posted by Steady Punpipi > 2021-06-03 06:23 | Report Abuse

Been lagging behind among peers ...need viagra both LKC and LKH ...hahahaha

Posted by nikker2000 > 2021-06-03 13:56 | Report Abuse

i just switch the counter

W1S3

108 posts

Posted by W1S3 > 2021-06-03 16:24 | Report Abuse

I rmbr back in Aug 2020 when I buy in ECOWLD. Everybody was telling me the company gonna go bankrupt. But I continue to accumulate at low price. And I manage to cash out at 0.70. Every company is different. You need to do your own research. To me NTA, Company strength, Management capabilities, Products, Cash Flow are all important.
For EKOVEST. I will continue to collect in batch. Based on my own POV.

Posted by Steady Punpipi > 2021-06-03 21:06 | Report Abuse

All time low might attract offer for privatization soon

jackson88

412 posts

Posted by jackson88 > 2021-06-03 21:51 | Report Abuse

I heard there is a proposal for a merger with IJM & IWH. It will also involve Ekovest. Unlikely for privatization. But Ekovest will be turned into a highway cashcow. DUKE + IJM highway

roger3210

554 posts

Posted by roger3210 > 2021-06-04 01:19 |

Post removed.Why?

Ding Ding

325 posts

Posted by Ding Ding > 2021-06-04 14:41 | Report Abuse

Without singapore, malaysia is just a ghost town

Posted by Steady Punpipi > 2021-06-04 19:03 | Report Abuse

Without Msia Singapore will run out of water and food and even electricity ...not to mention FT ...hahaja

jackson88

412 posts

Posted by jackson88 > 2021-06-04 19:53 | Report Abuse

Good news..... Ekovest terminate RM1b land purchase from LKH related company. This is the main problem which cause share price to be low. Good decision!!!

Posted by Steady Punpipi > 2021-06-04 20:52 | Report Abuse

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : RELATED PARTY TRANSACTIONS EKOVEST BERHAD ("EKOVEST" OR THE "COMPANY") (I) PROPOSED ACQUISITIONS; AND (II) PROPOSED AMENDMENTS (COLLECTIVELY REFERRED TO AS "PROPOSALS")

EKOVEST BERHAD

Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
RELATED PARTY TRANSACTIONS
Description EKOVEST BERHAD ("EKOVEST" OR THE "COMPANY")

(I) PROPOSED ACQUISITIONS; AND

(II) PROPOSED AMENDMENTS

(COLLECTIVELY REFERRED TO AS "PROPOSALS")
We refer to the announcement on 5 April 2021 in relation to the Proposals (“Announcement”). Unless otherwise stated, all terms used in this announcement shall have the same meaning as defined in the said Announcement.



On behalf of the Board, MIDF Investment and Astramina Advisory wish to announce that in view of the uptick COVID-19 cases and nationwide lockdown in Malaysia, Ekovest, IWH and TTSB have vide letters of termination dated 4 June 2021 mutually agreed to terminate the SPA 1 and SPA 2.



The parties to the respective SPAs mutually agree to fully release and discharge each other from all their respective obligations and liabilities under, arising from or in connection with the SPAs and agree that neither party shall have any claims whatsoever against the other in respect of the same, including but not limited to any antecedent breach, if any, of the SPAs.



This Announcement is dated 4 June 2021.

Posted by Steady Punpipi > 2021-06-04 20:53 | Report Abuse

No more RPT next week Ekovest share price rebound is imminent .....back to 0.50

IdleMoney66

1,206 posts

Posted by IdleMoney66 > 2021-06-05 13:32 | Report Abuse

lol.....propose and abort then repeat again...
Ekovest being kicked out from mid cap index dy...could get more lower again just have to wait

mrstrong

285 posts

Posted by mrstrong > 2021-06-05 15:11 | Report Abuse

SPE / DUKE 3 Highway Penerangan Penuh ( Malaysia First Fully Eleveted Highway )
https://www.youtube.com/watch?v=X8nWxzBsEgU

Posted by Huntercrazy > 2021-06-05 15:39 | Report Abuse

Do the Ta.. next week should be shoot to rm 0.58 level

jackson88

412 posts

Posted by jackson88 > 2021-06-05 19:48 | Report Abuse

Ekovest will be listing DUKE soon.

Posted by Steady Punpipi > 2021-06-05 21:18 | Report Abuse

Ekovest Bhd has aborted plans to purchase the 96.27 acres of freehold land in Pulai, Johor for RM944.62 million from Iskandar Waterfront Holdings Sdn Bhd (IWH) for the second time. The group cited the rising Covid-19 cases and nationwide lockdown as justification for the decision

Eurus1973

616 posts

Posted by Eurus1973 > 2021-06-06 10:08 | Report Abuse

Good action

Posted by Steady Punpipi > 2021-06-06 21:58 | Report Abuse

the issuance of 911.32 million irredeemable convertible preference shares (ICPS) at 85 sen apiece and RM10.59 million in cash will be called off too ?

jackson88

412 posts

Posted by jackson88 > 2021-06-06 23:21 | Report Abuse

My guess is the deal is called off because of the proposed merger with IJM. Proposal already given to IJM. Probably land will be parked in IWC. Construction & Highway in Ekovest.
https://www.theedgemarkets.com/article/newsbreak-iwh-said-be-eyeing-merger-ijm-corp

Posted by Steady Punpipi > 2021-06-07 09:55 | Report Abuse

if called off less shares in the market means actual share price shld be like MRCB at 0.435-0.45? lets see tmr opening

Posted by bullmarket1628 > 2021-06-08 09:31 |

Post removed.Why?

Posted by Steady Punpipi > 2021-06-08 10:14 | Report Abuse

iwcity sister catching up

Posted by Steady Punpipi > 2021-06-08 11:19 | Report Abuse

LKC recovering from covid 19

Posted by richcity > 2021-06-08 11:38 | Report Abuse

Hope for the best to come.

jackson88

412 posts

Posted by jackson88 > 2021-06-08 12:49 | Report Abuse

I think Ekovest will be announcing something big soon. Look at IWC at moving up. My guess is the group merger with IJM

jackson88

412 posts

Posted by jackson88 > 2021-06-08 12:50 | Report Abuse

Ekovest - Construction & Highway, IWCity - Property, PLS - Plantation with IJM Plantation

aiaili

3,184 posts

Posted by aiaili > 2021-06-08 15:28 | Report Abuse

oh yes..

aiaili

3,184 posts

Posted by aiaili > 2021-06-08 15:57 | Report Abuse

yes.., tomorrow will be released.. construction, property and land is the themes for tomorrow, uncle says lol..

Posted by Steady Punpipi > 2021-06-08 17:33 | Report Abuse

dun forget MRCB .

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