Posted by RISK8888 > 2023-11-09 09:46 | Report Abuse

next month 15Dec AGM sure got alot of good news, slowly buy in when price go below 0.50. another round of goreng will come in Jan 2024 when MOU signing btw MY & SG. enjoy the journey guys.

Posted by Realrich > 2023-11-09 10:12 | Report Abuse

Nov quarter result come out a huge losses waiting you. Dec AGM is good news or bad news how you know

Posted by RISK8888 > 2023-11-09 11:27 | Report Abuse

wait till news out too late dy, Realrich really good, can recommend share for us to earn money?

Posted by abc333 > 2023-11-09 16:34 | Report Abuse

https://paultan.org/2023/11/09/ipoh-kl-high-speed-rail-being-reviewed-project-would-cut-travel-time-between-two-cities-to-40-minutes/

Posted by ExecutionTrade > 2023-11-10 10:03 | Report Abuse

However, the HSR project – which will be privately funded – will need to secure approval from the transport ministry and consent from the Selangor government before a feasibility study can be conducted, given that the rail line will have to travel through Selangor to KL. Nizar said he is hopeful that the project can start within the tenure of the unity government, with completion slated for 2028...

Posted by Nsleong > 2023-11-10 10:22 | Report Abuse

怡保-吉隆坡高铁 (HSR)
马新高铁搞那么久都无法定案更不必说ipoh这条了。

Posted by Realrich > 2023-11-10 11:32 | Report Abuse

Ijm is the contractor of HSR everything posted here to cheat people buy ekovest?

Posted by Realrich > 2023-11-10 11:36 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/05/18/getting-back-on-track

Posted by Realrich > 2023-11-10 11:36 | Report Abuse

Do you see ekovest name? Lol why posted here HSR?

Posted by Realrich > 2023-11-10 11:41 | Report Abuse

Forest city zone - ekovest not related
RTS - Ekovest not related
HSR - Ekovest not related
So all posting here is going to cheating people goreng lol.
Please posted something really related to ekovest don't tipu people buy ekovest lol

Posted by RISK8888 > 2023-11-10 12:00 | Report Abuse

Realrich, why still here? very soon Ekovest will become rising king. faster onboard, we sail together. special economic zone is a very excited journey. It will become very successful story. reason because Singapore is going to join effort. Chances of success is very high.

Posted by Shines > 2023-11-10 12:03 | Report Abuse

Looks like today is not a fryday

Posted by soon9913 > 2023-11-10 12:20 | Report Abuse

Ekovest got big jobs awarded from RTS ma

Posted by soon9913 > 2023-11-10 12:20 | Report Abuse

risk88 & realrich, come knusford

Posted by Realrich > 2023-11-10 12:26 | Report Abuse

Risk888 this is not related to ekovest become no land bank only have abondoned shopping mall and making losses subsidiary. I will buy Ijm Ytl sunway instead of ekovest

Posted by Realrich > 2023-11-10 12:30 | Report Abuse

Risk888 come join me buy Ijm Ytl sunway this 3 company I buy more share can get more money

Posted by Apastock > 2023-11-10 12:53 | Report Abuse

let's broken 0.60 gogogo

Posted by Realrich > 2023-11-10 13:23 | Report Abuse

Dreaming every year making huge losses company broken 0.60 maybe 3 years later when it becomes profit and retained earnings must be positive if not can not pay any dividend

Posted by canyon > 2023-11-10 14:09 | Report Abuse

everyday u short this counter.. hoping it will go 15c.. profit

Posted by Nsleong > 2023-11-10 14:44 | Report Abuse

Realrich你很有趣。对ekovest没有兴趣却天天观察。
Forest city zone - ekovest not related

RTS - Ekovest not related
HSR - Ekovest not related
So all posting here is going to cheating people goreng lol.
Please posted something really related to ekovest don't tipu people buy ekovest

我没有义务让你明白
赚钱的人继续赚钱
sb的人继续sb
谁也没有阻碍谁

Posted by Shines > 2023-11-10 17:47 | Report Abuse

Eying Eko is the Listing of Luke Highway

Posted by theyoungman > 2023-11-10 21:14 | Report Abuse

Do not waste time with this RR. He is here to release his tension and stress. Tcss is his strength.

Posted by trader808 > 2023-11-11 18:00 | Report Abuse

1.There is little quality and much less value in the securities perception and expression coming from the self- imposed professional who can't even tell the difference between paragraph 8.03 and practice note 17.

2. Be careful with who you follow and invite into your securities analysis and stock picks. If you invite and follow a clown, your portfolio will turn upside down.

3. The blind should not lead the blind.
Follow wisely N happy trading
11/11/23

Posted by trader808 > 2023-11-11 18:36 | Report Abuse

1. The proposals had been accepted and TSLKH had a legally binding agreement and set it in motion.
2. To the one who is skeptical , faint hearted and lack courage, exercise your reasoning power and cognitive skill.
3. Look at it this way. A beautiful face could also come with a mole. Don't be obsessed and overly criticized the tiny black dot. Look at the face in its totality. There are forehead, eyes, nose, mouth, teeth and cheeks that make up the gorgeous face. If the proposal to reorganize, rationalize and merger of sister companies is akin to a face, TSLKH will not do anything to distort and disfigure it.
4. And likewise, share dilution could be the tiny black dot in the huge proposals of TSLKH to reorganize, rationalize and to merge sisters companies to become a respected conglomerate ,A seasoned investor will not be a coward and intimidated by a tiny black spot. Are you?
5. Happy trading
11/11/23

Posted by theyoungman > 2023-11-11 19:25 | Report Abuse

@trader808, good 1111 gift. 👍👍✅✅😍😍

Posted by RISK8888 > 2023-11-11 23:30 | Report Abuse

Wa, so high standard explanation wonder RR can understand.

Posted by theyoungman > 2023-11-12 16:51 | Report Abuse

I doubt he can faham? ^^

Posted by wssvin > 2023-11-13 08:21 | Report Abuse

i think he is from LIM KC group, against his uncle DSLKH

Posted by RISK8888 > 2023-11-14 08:47 | Report Abuse

RTS is progressing fast, they already start linking the bridge. Special Economic Zone is counting down. I feel RTS can complete earlier than Dec2026. by end 2025 should be able to test run. the market run will start 2024 run till end 2025. very very soon....to the moon.

Posted by Realrich > 2023-11-14 11:25 | Report Abuse

We should move to the property developer build the residential property for sale and their financial is healthy and profitable quarter result with positive retain earnings. Because we invest is mainly for company earn profit and declare dividends. Not the company without any property project launching just the fake news to goreng with nothing happened.

Posted by Shines > 2023-11-14 13:33 | Report Abuse

Yes right, if not interested in Eko, just go to the Co. that offers you better returns.

Posted by trader808 > 2023-11-14 21:39 | Report Abuse

1.There are four 4 proposals initiated by TSLKH in his highly ambitious endeavor to reorganize, rationalize and merger of sisters companies. Besides, TSLKH, the companies involved are Ekovest Bhd, Ekovest construction sdn bhd, Knusford, IWCity, IWB,Credence SLP and others I may have omitted.

2.Let's talk about Ekovest and why?.Because in the end when the proposal and massive corporate exercise is completed this is the company in which Tan Sri has chosen to place and bet his money.
3 At the time of writing, Ekovest has issued share capital of 2965m shares, NTA of 0.86 and the closing price is 50sen.
4 The proposal entails and agrees that Ekovest shall buy 70% of Credence from TSLKH private company values at Rm1.14b or thereabout.

5 The method of payment involves Ekovest issuing 1900m new share to TSLKH at the consideration price of 60sen.
6. Next Ekovest will buy 2 parcel of lands about 15 acres along or adjacent Bukit Chargar for Rm310m. Again, the method of payment involves Ekovest issuing 517m new shares to the vendor or friendly party at the consideration price of 60sen.

7. In the end the enlarged share capital of Ekovest will be
2965m + 1900m + 517m = 5382m

8 We all know at its onset, TSLKH has 33% of issued shares or 2965 x 0.33 is 978m shares. Post proposal and upon completion of the massive corporate exercise TSLKH will have 978m + 1900m = 2878m shares. He will effectively hold 53% of the enlarged capital and new entity.

9. In one master stroke he has consolidated his position with a lion share and has a firmer grip in the company. Without the proposal, it will take up to eternity to acquire 1.9b new shares. Credits must be accorded to his team of advisors for the ingenious plan. And this in itself is sufficiently enough for us to follow and invest with the rich and famous and where they put their money.

10 Again to the skeptical, faint hearted who lack courage who also has a self fulfilling hypothesis that the enlarged share capital will dilute and collapse the share price from 50s to 15s is in fact a self indulgence and unrealistic fantasy. Here is why?

11. The NTA of Ekovest is 86 sen. TSLKH has strangely and reluctantly accepted the consideration price at 60sen. That is 70% P/BK value or 30% discount and than suffer another 10sen lower than the market price at 50sen.

12. One must be insane to even assume that TSLKH would sell any new shares to depress the market price further. Bear in mind , in the whole scheme of thing, all the shares are allotted to TSLKH or company and no other person. So, if he does not sell, the price will not fall.

13. To the existing shareholders, you will suffer percentage shareholding dilution because the number of shares will be enlarged by 2417m. Hence, your percentage shareholding in ekovest will reduce. On the contrary, TSLKH shareholding will consolidate from 33% to 53%.

14 Let's try to calculate the reference price RF on x date if there is an Ex - date which i doubt.
RF =[ (2965m X 0.5) + (1900m +517m) x 0.6 ] / 5382 ]= 54.5sen

15.This is the reference price and it is different from the market price. Hence, it does not mean that on the next day price will be adjusted upwards. The market price is determined by the natural forces of demand and supply. The equilibrium price is to a large extend will be base on the fundamental of the company that will determine the intrinsic value of the company.

16. In anyway it is unlikely that the price will collapse to 15 sen owing to share dilution in which someone has so confidently determined without basis and logic.

17. Your assumption is unwittingly reckless and somewhat insulting to the many funds and institutions that continued to stay invested and belittling to the transformation endeavor of TSLKH to bring Ekovest to a celebrity star status.

18 The attractiveness and intrinsic value of ekovest is believe to come from its DUKE123 expressway. In 2013 or 10 years ago, EPF paid Rm1.13b to acquire 40% of DUKE12. According to one investment bank DUKE12 is worth approximately 7600m and Ekovest's 60% stake is value at 4560m. In addition, the newly completed DUKE3 and just opened for traffic last week is 100% owned by ekovest and it is worth 5170m.

19. If this is accepted as a measure of value, than the concessionaires assets of ekovest is worthed Rm9.73b. Ekovest has borrowings and medium term note of 5.46b. Hence,the net value of expressway is 4.27b. Basing on the current issued shares of 2965m the expressway alone is valued at RM1.44 per share

20. It will take time for this value to be reflected in the share price. No one knows when. I am of the opinion that it will happen slowly, safely and surely.

20. This is my personal and layman expression of the counter and it is written and posted as a hobby and pastimes and in no way intended to influence your investment decision and strategy.

Happy trading
14/11/23

Posted by theyoungman > 2023-11-14 23:01 | Report Abuse

Great sharing trader808!

Posted by wssvin > 2023-11-15 07:43 | Report Abuse

thank you , trader808

Posted by JJFinn > 2023-11-15 09:10 | Report Abuse

Thanks trader808 for such insightful sharing....

Posted by Realrich > 2023-11-15 19:45 | Report Abuse

Omg TSLKH sold his personal holding company Credence SLP to ekovest RM1. 14b to enlarge his holding from 33% to 53%. Do you know this Credence SLP every year big losses? How to worth RM1. 14 b to exchange 20% of ekovest share? This proposal totally is base on TSLKH own interest. Our existing shareholder is diluted and every year need to share extra losses. Furthermore this proposal did not mention to merge 100% iwcity and Knutsford to one big ekovest . So this proposal finally is only buying Credence and danga mall to help TSLKH holding 33% to 53%. The company is value in making profit and share price up, and not base on NTA but every year big losses without any profit and dividend return to shareholders. If want to base on NTA I think many share is NTA very high but share price very low is because the company can't made any profit to shareholders.

After dilluted the ekovest will made more losses and existing shareholder value of share will diluted. Base on current calculation share is enlarge 2417m share 2965m(b4 proposal)
It almost double So current share price 0.50 /2=0.25 share price being diluted.
I can imaging every year share more losses and our value of share price drop to 0.25. Existing shareholder will suffer the big rugi to TS buy his personal making losses company and value at Rm1.14b (1900m) new share issues to TS. The finally only winner is TS we all is the person suffer dilluted and share more losses in future. Without any hope for ekovest turning to profit and declare dividends. Because the accumulated losses is too big need 10 to 15 years to become positive retain earning to declare dividends

Posted by theyoungman > 2023-11-15 20:07 | Report Abuse

Aiyo. Still don't give up? :( Kesian.

Posted by RISK8888 > 2023-11-15 20:16 | Report Abuse

Wa, RR so pro. Sure will get 0.15 later. But I’m confuse la. Because RR know ekovest can’t make any profit in coming 15years. But why still wanna buy in at 0.15? RR you should go buy public bank, because never loss since day one.

Posted by FrankKY > 2023-11-15 20:55 | Report Abuse

wait for 15c.. Ayway FYI... the latest annual report showed the 30 largest share holder got some changes... and quite interesting..
To be honest im not too like like it on the proposal especially :-
1.Knusord take over on ekovest construction.
2. TOD 1 & TOD 2 price tag have to revalue

Posted by trader808 > 2023-11-16 14:40 | Report Abuse

1.The accounts of Ekovest are audited, verified and accepted to be true and fair with no qualifying statement by internationally renowned professionals and auditors. To say otherwise, is misleading and malicious.

2 In your closing statement which I copy and paste.
This is what you said
***But ekovest already 10 years more accumulated losses if want to become retained earning need to net off previous 10 years more accumulated losses. So I am saying if need to turn to positive returns earning need 15 years***

3. Had you read the accounts of ekovest, in the latest quarterly announcement in Bursa, you would have noticed that on the contrary, Ekovest has Share capital Rm1,138,871,000 (1.13b) and attributable retained earnings of 1,084,249,000 (1.08b) Yes, the company has retained earning 1.08b
By your expression, you have purposely created an untrue impression and statement of account of Ekovest that is misleading, damaging and vicious just because you dislike the counter. This is not the second times.

4. You write irresponsibly without facts, logic and basis. You elementary function as a worthy forumer in i3 to provide fair representations and accurate status is ghastly and horrendously neglected.

5 Had you post similar question at the AGM of Ekovest, the accountant will be angry with you. The auditor and the accounting fraternity will laugh at you. Tan sri would probably say he will not waste any time to enlighten small fly which hang around in toilet what bee does in the garden of Ekovest and Bursa. It is difficult for bee to explain to fly and make them understand why honey is better than shit.

6. Incidentally, in another posting you wrote and i copy and paste.
Here it is.
**But ekovest already 10 years more accumulated losses if want to become retained earning need to net off previous 10 years more accumulated losses. So I am saying if need to turn to positive returns earning need 15 years at least**

7. Ekovest was listed in 2003 and it has been continuing in business for 20 years since its debut in bursa. During these period Ekovest had a consecutive profit track record for 18 out of the 20 years. The company only recorded losses in 2022 and 2023 owing to complete lock down in the covid years with little revenue and income from the DUKE highway and construction. This is not surprising because most companies suffered losses in the covid years. Try not to hit too hard on a management that works hard.

8.As much as i respect you and your posting, i have begun to notice that despite your first name, yet many of the things you share in the forum is not Real but inventive and creative. This must stop for your own good and well being.

9.It is not a bad idea to heed the advice of a famous philosopher in which he said and i quote.
It is better to remain quiet and be thought a fool than to open your mouth and remove all doubts.
10.Think about and happy trading
16/11/23

Posted by JJFinn > 2023-11-16 14:59 | Report Abuse

@trader808. Well said. Hope "Real"rich got it this time around....

Posted by theyoungman > 2023-11-16 17:45 | Report Abuse

Salute to dear Trader808. Sure 8

Posted by UncleFollower > 2023-11-16 18:02 | Report Abuse

Strategically everything appears in order. First push is for the circa 43 cents placement. Next push should only come after LKH's shareholding consolidated. It does not look good for him to be paid shares @ 60c when it's trading at 75c. The idea that LKH is the "final winner" after having control and share goes down to 25c is dumb. LKH needs to eat too bro. Ultimately it's the sector wide run in line with New Agong+PMX's objectives and the time is ripe

Posted by Realrich > 2023-11-16 21:50 | Report Abuse

Price Target

UEM Sunrise Berhad - Lagging Expectations
Source : PUBLIC BANK, Price Call : SELL, Price Target : 0.42
Last Price : 0.79, Upside/Downside : -0.37(46.84%)

7 hours ago

Posted by Realrich > 2023-11-16 21:56 | Report Abuse

Uems QR come out with profit but share price drop because result not good. I don't think ekovest better than uems. I will wait after share diluted share price drop to 0. 25 I just consider to invest ekovest. TS is the only one beneficial for issues new share because he get the new share. Even though share price drop after diluted. He get additional share so no effect to him. But affected all of us to suffer diluted. Let wait 0.25 or below to invest

Posted by Jonathan Keung > 2023-11-16 22:13 | Report Abuse

Agreed. Tan Sri is the real winner. Disposing the 4 parcel of land to Ekovest is a sure win. Plus China property woes will sooner or later have a ripple effect on our own property developers.

Posted by UncleFollower > 2023-11-17 01:23 | Report Abuse

There is such a thing as win-win too you know 😂

Posted by Shines > 2023-11-17 07:46 | Report Abuse

TS is maintaining Eko price at this level is to convince shareholders that Eko is using a 60 sen share to buy the assets when the price of Eko is only 50 sen now

Posted by Realrich > 2023-11-17 08:12 | Report Abuse

60 cents share/2 = 0.30 lol issued double after diluted so totally rugi

Posted by RISK8888 > 2023-11-17 09:13 | Report Abuse

aiyo why la RR, you keep repeating a scenario that will not happen. regardless 0.15 or 0.30. It will not happen. the rising road is on the way. 0.60 by Jan2024 sure can get. buy now can earn 20% by Jan2024. when the merge plan get green light. Price will move further up from 0.60. Just buy now and keep in fridge for 2 months time, then can harvest.