EKOVEST BHD

KLSE (MYR): EKOVEST (8877)

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Last Price

0.355

Today's Change

+0.005 (1.43%)

Day's Change

0.35 - 0.355

Trading Volume

505,600


34 people like this.

75,737 comment(s). Last comment by laulau 3 hours ago

Realrich

1,410 posts

Posted by Realrich > 2024-01-17 16:32 | Report Abuse

Wait end of Feb to see. But now those cooking share but no fundamental qr result to support. Will easy to down 30 cents in a day. Expecially iwcity and ekovest running losses and share price high high.

pangolin

1,050 posts

Posted by pangolin > 2024-01-17 18:08 | Report Abuse

enter price for 28c , small capital , small investment

theyoungman

1,992 posts

Posted by theyoungman > 2024-01-17 19:13 | Report Abuse

LKC is LKH's sibling. LKC selling his holdings shd be making no harm. They boi gham right? Long term this 8877 still looks good. 1589 will be ok if LKH's proposal gets a passed and P8.03A settled and Bursa agreed to allow 1589 to have exception for its public holdings to be at 15% (instead of 25%, by law), errr

Posted by FlashParadox > 2024-01-17 20:30 | Report Abuse

When you bought it, pangolin? So cheap

Investorrr

681 posts

Posted by Investorrr > 2024-01-17 20:34 | Report Abuse

bullish hammer bottom formed

FrankKY

132 posts

Posted by FrankKY > 2024-01-17 21:19 | Report Abuse

@anson938 agreed with you the right-to-left pocket transactions.

RISK8888

2,232 posts

Posted by RISK8888 > 2024-01-18 00:49 | Report Abuse

RR, no need wait feb. Tomorrow limit down 0.30. U can get 0.25 by tomorrow.

theyoungman

1,992 posts

Posted by theyoungman > 2024-01-18 08:27 | Report Abuse

Oh risk88888, oh, recently got Yu's co kena limit down due to loss 800m in his business... It triggered mkt go down n Bursa take action to enforce lowest limit? Scary, I didn't aware as I don't see top vol 🤣
If like u said to RR, wah, 0.25, RR rich , sure realrich soon

Squirtle

804 posts

Posted by Squirtle > 2024-01-18 11:02 | Report Abuse

Mana OTB
Bring many holland
Diam diam cut loss ah

FrankKY

132 posts

Posted by FrankKY > 2024-01-18 11:09 | Report Abuse

cawan pecah lol....

theyoungman

1,992 posts

Posted by theyoungman > 2024-01-18 11:16 | Report Abuse

Slaughtering session.
Do not contra and punt.

Realrich

1,410 posts

Posted by Realrich > 2024-01-18 11:19 | Report Abuse

Ready go 0.25 Limit Down

pangolin

1,050 posts

Posted by pangolin > 2024-01-18 11:19 | Report Abuse

@flashparadox .... sorry bro , wrong post , is pestech counter , wrong info

Realrich

1,410 posts

Posted by Realrich > 2024-01-18 11:20 | Report Abuse

Risk888 so diluted 0.25/2 or 0.60/2 limit down

Realrich

1,410 posts

Posted by Realrich > 2024-01-18 11:23 | Report Abuse

Those share price high high without fundamental and qr support company all Limit Down already. Iwcity and ekovest goreng high high and without real result. Limit Down

Realrich

1,410 posts

Posted by Realrich > 2024-01-18 11:29 | Report Abuse

Contra and margin people waiting to sale you limit down. No result company all die.

Posted by Johnchew123 > 2024-01-18 11:35 | Report Abuse

Market sentiment effect by small cap plunge , margin call , syndicate n own boss director kena teruk this time.who goreng his own company stock
Next week will be better after all margin call clear out this week

FrankKY

132 posts

Posted by FrankKY > 2024-01-18 11:35 | Report Abuse

@realrich Thks for your comments..
Hope you understand the below link from reputable analysts.
https://klse.i3investor.com/web/pricetarget/research/70061

Realrich

1,410 posts

Posted by Realrich > 2024-01-18 11:36 | Report Abuse

Ekovest target price 0.25,
Iwcity target price 0.20. Run fast if wiring Limit Down run also no chance to run. Tan Sri also sell already

anson938

2,019 posts

Posted by anson938 > 2024-01-18 11:37 | Report Abuse

RR you are the hero, rescue so many people 😀

Realrich

1,410 posts

Posted by Realrich > 2024-01-18 11:38 | Report Abuse

Those sale news without real result company all Limit Down. Go to see the past 3 years qr result and see why RTS done 55% but making big losses

Posted by Johnchew123 > 2024-01-18 11:40 | Report Abuse

Ekovest 25 sen , in dream kah ? Dream more , 31 HB Agung Johor jadi Agung , Nanti Johor theme play come again

Posted by Johnchew123 > 2024-01-18 11:43 | Report Abuse

Today n Tomolo for u all buy weakness , all margin call clear out this week ,next week rebound will be contruction n property

Realrich

1,410 posts

Posted by Realrich > 2024-01-18 11:44 | Report Abuse

John do you see rapid leform and SCIB ? Buy today tomorrow limit down 30 cents you can jump sea already

Posted by Johnchew123 > 2024-01-18 11:49 | Report Abuse

SCIb kena margin call , his boss n syndicate play margin , kena margin call by bank , no local fund support , that why u can see limit down , any stock limit down , this stock all goreng , all pledge stock ,play margin,
Kena teruk this time is syndicate n his own bosss director

Realrich

1,410 posts

Posted by Realrich > 2024-01-18 11:54 | Report Abuse

Now iwcity ekovest drop so many already do you think no people buy contra and margin? So tomorrow and next week so many people kena contra and margin force sale. You can run should run as fast as possible

Realrich

1,410 posts

Posted by Realrich > 2024-01-18 11:56 | Report Abuse

Sell first wait 0.25 buy back. Contra and margin people will sale to you 0.25

theyoungman

1,992 posts

Posted by theyoungman > 2024-01-18 12:56 | Report Abuse

If RR is so powerful, 未卜先知。很佩服。
We are waiting for the day to come, if it comes true the RR is geng. Else, no harm done to RR too.

RISK8888

2,232 posts

Posted by RISK8888 > 2024-01-18 14:04 | Report Abuse

Wa limit down coming! 0.25 coming

theyoungman

1,992 posts

Posted by theyoungman > 2024-01-18 14:09 | Report Abuse

JJTAN spamming

anson938

2,019 posts

Posted by anson938 > 2024-01-18 15:18 | Report Abuse

Turn up.....

anson938

2,019 posts

Posted by anson938 > 2024-01-18 15:31 | Report Abuse

Iwcity near 0.80 liao

anson938

2,019 posts

Posted by anson938 > 2024-01-18 16:01 | Report Abuse

Starting goreng again

anson938

2,019 posts

Posted by anson938 > 2024-01-18 16:09 | Report Abuse

Iwcity break back to 0.80 already,, 0.805 right now

mkmk

1,514 posts

Posted by mkmk > 2024-01-18 16:19 | Report Abuse

Anson, RR doesnt save many coz he called for sale at price 48 and below..... this round drop is because of the selloff of small cap due to the margin call triggered by the Yu... for me... i collected at 520 and 525 after yesterday 545.... i m good coz i disposed all at 60 sen d....

anson938

2,019 posts

Posted by anson938 > 2024-01-18 17:29 | Report Abuse

@mkmk
cheers !!!

trader808

309 posts

Posted by trader808 > 2024-01-18 18:39 | Report Abuse

1.Three days ago the candlesticks chart had prominently displayed a bullish cup and handle formation for Ekovest. Encouraged by the bullish indicators many fresh and new investors had gone on a shopping spree and aggressively acquired huge quantity of shares and push up the share price. Volume traded surpass 149 million and TS took the opportunity to dispose again when share price hit 61 sen

2.We were wondering what is the implication of the share disposal by Tan Sri each time when it hit 61sen and above. By his action, can he damage or destroy the cup and handle formation and turns it into a double bottom in the coming weeks before resuming a spectacular rise and shooting to the sky subsequently.

3.Historically, the counter has hit an intra day high of 61.5 but never closed above 59.5sen. It slided down and hit bottom at 43.5 sen and then resumed its climb and hit 62 sen intraday high and closed at 59.5sen again. Therefore the height of the cup is the distance between 59.5 and 43.5 and that is 16 sen.

4.For a cup and handle to be materialized, one would envisage that the base of the handle to be at most at the 30% mark from the height of the cup. This would means 30% of 16 sen or 4.8 say 5 sen. Any thing longer would mean it does not look like a handle. And the cup and handle formation is considered destroyed.

5. Basing on this logic one would agree that the price cannot fall below 59.5sen minus 5sen which is 54.5 sen. Hence,any closing price below 54.5sen would result in a technically disproportionate cup and handle.

6. On 18/1/2024 Ekovest opened high at 56sen, and hit an intraday low at 51sen and finally closed at 53 sen which is lower than the 54.5sen in order to sustain the cup and handle pattern.

7. In conclusion, the disposal by TS indeed has a strong influence and bearing on the technical pattern and formation. If you still steadfastly insist on the cup and handle formation, well it has been somewhat destroyed.

8.TS by his action has reshape the cup with a disproportionately twisted and elongated handle.
9. In the coming days can investors rectify the elongated handle.

10. Over to you. What would you say?

18/1/2024





dompeilee

11,888 posts

Posted by dompeilee > 2024-01-18 18:44 | Report Abuse

Posted by dompeilee > 3 days ago

This is what happens when ppl chase overvalued overticketed co. with too many short-term players stuck @ lofty price higher than $1(from 2016 till 2019)...1 miserable tick up...profit can't even buy the cheapest high-end coffee....instead of buying the undervalued gem in the group which is UP NINE ticks today!!!

Very prescient call by me! Have not touched the above counter since selling off my last shares for a profit on 10th Apr 2019 for the reasons above...

theyoungman

1,992 posts

Posted by theyoungman > 2024-01-18 21:28 | Report Abuse

Trade808, good post.
Dompeilee, so how eh?

curiousq

1,098 posts

Posted by curiousq > 2024-01-18 21:40 | Report Abuse

many retailers rush in when bullish cup and handle was formed yesterday?

Posted by Trader1234 > 2024-01-18 23:26 | Report Abuse

@trader808 - thanks for sharing.

my thoughts, at times, chart patterns can be manipulated to given signal. syndicate etc may have expert chartists.

second, is there a possibility shares are being offloaded at certain level to keep a lid on the price?

happy to hear what others have to say, if anything.

Posted by Johnchew123 > 2024-01-19 08:39 | Report Abuse

Fibonacci Retracement 50 % , Ekovest from (10 / 12 / 23 )price from 43 sen to 62 sen (9/ 1 / 24 ) , Fibonacci Retracement ratio 50 % is 52.5 sen , Ekovest corection to 51.5 sen ,close 53 sen , if this is reversal point 50 % ratio , Ekovest will challenge resistance 62 sen next week onward
Successful breakout 62 sen , 70 sen second resistance to be challenge

chongwee

125 posts

Posted by chongwee > 2024-01-19 10:16 | Report Abuse

iskandar

chongwee

125 posts

Posted by chongwee > 2024-01-19 10:18 | Report Abuse

many project will running johor

OTB

11,560 posts

Posted by OTB > 2024-01-19 11:32 | Report Abuse

UEMS will lead Johor-Spore Special Economic Zone play before installation of a new DYMM Agong on 31/1/2024.
The share price of UEMS has started to move up north with high volume.
The "Johor play" has started and the share price of Ekovest will follow "Johor play" theme to move up north.
The technical chart of Ekovest is a "Cup And Handle formation" if the share price can break 0.62.
The excitement will only start after the share price breaks 0.62.
Good luck in 2024.
Thank you.

theyoungman

1,992 posts

Posted by theyoungman > 2024-01-19 12:07 | Report Abuse

Daulat Tuanku.

Yu's & LD effect is a good chance to accumulate on weakness.

Happy investing.

FrankKY

132 posts

Posted by FrankKY > 2024-01-19 12:13 | Report Abuse

Good to see if below really happened..

Noteworthy details of the restructuring include a reduced acquisition price, resulting in a lower dilution and improved earnings accretion for Ekovest

FrankKY

132 posts

Posted by FrankKY > 2024-01-19 13:40 | Report Abuse

@Trader808, appreciate

RISK8888

2,232 posts

Posted by RISK8888 > 2024-01-19 14:21 | Report Abuse

OTB buy call means is time to sell?

OTB

11,560 posts

Posted by OTB > 2024-01-19 14:35 | Report Abuse

I talk with facts and figures.
Unlike you, talk nonsense here.
Please sell.

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