EKOVEST BHD

KLSE (MYR): EKOVEST (8877)

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Last Price

0.35

Today's Change

-0.01 (2.78%)

Day's Change

0.35 - 0.355

Trading Volume

5,483,300


34 people like this.

75,760 comment(s). Last comment by laulau 3 hours ago

Posted by Johnchew123 > 2024-07-13 12:26 | Report Abuse

Contruction Tai Ko Gamuda , IJM , Sunway , Suncon since second half year 1 July onward on BULL RUN ,a lot local n foreign fund BuY , second line stock only on beginning stage BULL RUN, 51 sen can sustain n no drop below whole week next week , will challenge 61 sen resistance in short term

Posted by Johnchew123 > 2024-07-13 12:26 | Report Abuse

Contruction Tai Ko Gamuda , IJM , Sunway , Suncon since second half year 1 July onward on BULL RUN ,a lot local n foreign fund BuY , second line stock only on beginning stage BULL RUN, 51 sen can sustain n no drop below whole week next week , will challenge 61 sen resistance in short term

soon9913

2,820 posts

Posted by soon9913 > 2024-07-13 12:53 | Report Abuse

Actually this counter like wct lo. Not difficult to push up the price to get return 100 or 200% in short period of time

soon9913

2,820 posts

Posted by soon9913 > 2024-07-13 12:55 | Report Abuse

They just need one news.. Ie listing duke highway or selling partial spe highway stake to epf, or HSR news or dc project

soon9913

2,820 posts

Posted by soon9913 > 2024-07-13 13:05 | Report Abuse

Price will fly also if the group restructuring is approved.. Dun forget they own huge landbanks at johor too. Those lands should be under special economy zone between Malaysia and Singapore

soon9913

2,820 posts

Posted by soon9913 > 2024-07-13 13:06 | Report Abuse

So many cards on hand ady, just need to turn one card to power the engine.. Other counters don't have cards ady high price

soon9913

2,820 posts

Posted by soon9913 > 2024-07-13 13:07 | Report Abuse

If listing highway price might be going to rm2 lo.
Read back the 40% duke 1 and 2 sold to epf in many years ago.. And they own 100% in spe

Lai Yu

81 posts

Posted by Lai Yu > 2024-07-13 14:43 | Report Abuse

group restructuring on 💚

yuhan123

30 posts

Posted by yuhan123 > 2024-07-13 17:23 | Report Abuse

Something is brewing hopefully some good news kick in soon

soon9913

2,820 posts

Posted by soon9913 > 2024-07-13 17:37 | Report Abuse

My guess is group restructuring on and HSR on too.

Next year highway IPO

soon9913

2,820 posts

Posted by soon9913 > 2024-07-13 17:38 | Report Abuse

Significant price appreciation in Johor landbanks is confirmed once special economy zone signed between government in this Sep

Nickhew

76 posts

Posted by Nickhew > 2024-07-13 17:50 | Report Abuse

https://www.klsescreener.com/v2/news/view/1357727 bad news is coming, hahaha

yuhan123

30 posts

Posted by yuhan123 > 2024-07-13 18:05 | Report Abuse

传言means not confirm yet lo

Nickhew

76 posts

Posted by Nickhew > 2024-07-13 18:14 | Report Abuse

无风不起浪

Alwinb

81 posts

Posted by Alwinb > 2024-07-13 18:40 | Report Abuse


Follow
RTS and the River of Life project in 3 financial reports
$EKOVEST(8877.MY)$
Ekovest Project Detailed Report: RTS and the River of Life
[RTS Project]
Total contract amount - MYR 3.482 billion
**Payment received**
- Q1 FY2024 (July 1, 2023 - September 30, 2023): MYR 165,259,000
- Q2 FY2024 (October 1, 2023 - December 31, 2023): MYR 184,929,000
- Q3 FY2024 (January 1, 2024 - March 31, 2024): MYR 138,409,000
**No payments received**
- Total contract amount - Total amount received = 3.482 billion MYR - 488,597,000 = MYR 2.993403 billion
[River of Life Project]
Total contract amount** - MYR 0.22 billion
**Payment received**
- Q1 FY2024 (July 1, 2023 - September 30, 2023): MYR 76,611,000
- Q2 FY2024 (October 1, 2023 - December 31, 2023): MYR 76,933,000
- Q3 FY2024 (January 1, 2024 - March 31, 2024): MYR 67,561,000
**No payments received**
- Total contract amount - Total amount received = 0.22 billion MYR - 221,105,000 = MYR 0 (all received)
[Total Interest Expenses]
**Total Interest Expense Time Breakdown**
- Q1 FY2024 (July 1, 2023 - September 30, 2023): MYR 59,125,000
- Q2 FY2024 (October 1, 2023 - December 31, 2023): MYR 96,345,000
- Q3 FY2024 (January 1, 2024 - March 31, 2024): MYR 112,090,000
Sources of interest expenses Interest expenses mainly come from the following aspects:
1. **Bank Borrows**
2. **Medium-term note**
3. **Repurchase Credit Financing**
### Summary ###
The RTS project and the River of Life project are Ecovest's two major engineering projects.
The total contract amount for the RTS project is MYR 3.482 billion, the amount received is MYR 488,597,000, and the amount not received is MYR 2.993403 billion.
The total contract amount for the River of Life project is MYR 0.22 billion, and the amount received is MYR 221,105,000, all of which have been received.
The company's continued investment in these two projects resulted in total interest expenses of MYR 220,681,000 for the three quarters, mainly from bank loans, medium-term notes, and repurchase credit financing.
According to the latest audit report, the cost of the RTS project has increased to MYR5.245 billion due to the expansion of the scope of maintenance work and additional contracts [ekovest-MRCB JV gets River of Life project | EdgeProp.my] (https://www.edgeprop.my/content/ekovest-mrcb-jv-gets-river-life-project). This is consistent with the information in the financial report and shows the progress of the project and related expenses.
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BossMaxx
BossMaxx
Jul 10 22:59

Follow
RTS and the River of Life project in 3 financial reports
$EKOVEST(8877.MY)$
Ekovest Project Detailed Report: RTS and the River of Life
[RTS Project]
Total contract amount - MYR 3.482 billion
**Payment received**
- Q1 FY2024 (July 1, 2023 - September 30, 2023): MYR 165,259,000
- Q2 FY2024 (October 1, 2023 - December 31, 2023): MYR 184,929,000
- Q3 FY2024 (January 1, 2024 - March 31, 2024): MYR 138,409,000
**No payments received**
- Total contract amount - Total amount received = 3.482 billion MYR - 488,597,000 = MYR 2.993403 billion
[River of Life Project]
Total contract amount** - MYR 0.22 billion
**Payment received**
- Q1 FY2024 (July 1, 2023 - September 30, 2023): MYR 76,611,000
- Q2 FY2024 (October 1, 2023 - December 31, 2023): MYR 76,933,000
- Q3 FY2024 (January 1, 2024 - March 31, 2024): MYR 67,561,000
**No payments received**
- Total contract amount - Total amount received = 0.22 billion MYR - 221,105,000 = MYR 0 (all received)
[Total Interest Expenses]
**Total Interest Expense Time Breakdown**
- Q1 FY2024 (July 1, 2023 - September 30, 2023): MYR 59,125,000
- Q2 FY2024 (October 1, 2023 - December 31, 2023): MYR 96,345,000
- Q3 FY2024 (January 1, 2024 - March 31, 2024): MYR 112,090,000
Sources of interest expenses Interest expenses mainly come from the following aspects:
1. **Bank Borrows**
2. **Medium-term note**
3. **Repurchase Credit Financing**
### Summary ###
The RTS project and the River of Life project are Ecovest's two major engineering projects.
The total contract amount for the RTS project is MYR 3.482 billion, the amount received is MYR 488,597,000, and the amount not received is MYR 2.993403 billion.
The total contract amount for the River of Life project is MYR 0.22 billion, and the amount received is MYR 221,105,000, all of which have been received.
The company's continued investment in these two projects resulted in total interest expenses of MYR 220,681,000 for the three quarters, mainly from bank loans, medium-term notes, and repurchase credit financing.
According to the latest audit report, the cost of the RTS project has increased to MYR5.245 billion due to the expansion of the scope of maintenance work and additional contracts [ekovest-MRCB JV gets River of Life project | EdgeProp.my] (https://www.edgeprop.my/content/ekovest-mrcb-jv-gets-river-life-project). This is consistent with the information in the financial report and shows the progress

Alwinb

81 posts

Posted by Alwinb > 2024-07-13 18:44 | Report Abuse

River of life project has no impact to Ekovest as 0.22 billion work completed has been paid. Worst case if not getting future contracts related to ROL

speakup

27,067 posts

Posted by speakup > 2024-07-13 21:32 | Report Abuse

Yes Ekovesr took the money without finishing the job. Ni lah cara utk tipu Pmx

speakup

27,067 posts

Posted by speakup > 2024-07-13 21:33 | Report Abuse

GE16 duduk kat rumah je. Kasi PH kalah

Leong938

125 posts

Posted by Leong938 > 2024-07-13 22:12 | Report Abuse

Don't say the grapes is sour if you cannot have it and please don't spit poison on this counter.

Alwinb

81 posts

Posted by Alwinb > 2024-07-13 22:17 | Report Abuse

As usual nothing objective from Speakup...

Posted by Activetrader > 2024-07-13 23:48 | Report Abuse

Just believe whatever came down will goes up eventually just the matter of time. Every counter has its chance to shoot up or limit up. i can smell this counter is coming soon. No need FACT to support.

kkl123

1,505 posts

Posted by kkl123 > 2024-07-14 07:33 | Report Abuse

If no good news come out and up ,means shark eat and push up.
If got good good news come out .means sharks pass the tickets to you,RUN don't buy.

Eagle77

7,018 posts

Posted by Eagle77 > 2024-07-14 09:22 | Report Abuse

Profit taking and dumping tomorrow be ready guys ⬇️⬇️⬇️🩸🩸🩸

Eagle77

7,018 posts

Posted by Eagle77 > 2024-07-14 09:23 | Report Abuse

Operator already sold and made at least 3 cents/share 🤣🤣🤣 tomorrow ⬇️⬇️⬇️🩸🩸🩸

Posted by Johnchew123 > 2024-07-14 09:43 | Report Abuse

3 sen mau cabut for what ? Why not push to 61 sen ,let u Ikan bilis chase high than only sold ,can eat lobster , 3 sen ,eat KFC only ,
Scare ,monday u cabut lah
Gamuda , Ijm ,Suncon , Sunway up since 1 July
Second line stock just on beginning stage BULL run ,
WCT is first second line stock up since 1 July n stay above RM 1
As long as 51 sen can sustain n no drop below next week , short term 61 sen slowly reach .

Chart show Ekovest swing between * BOX * 43 sen to 51 sen since Feb
Break over 51 sen , more upside for Ekovest

Nickhew

76 posts

Posted by Nickhew > 2024-07-14 09:47 | Report Abuse

John chew, last time u keep ask ppl run d, now y change your position and?haha

Nickhew

76 posts

Posted by Nickhew > 2024-07-14 09:48 | Report Abuse

Last time u comments, this counter paria la, follow iwcity uems la, this la that la

Posted by Johnchew123 > 2024-07-14 10:40 | Report Abuse

Of course , this stock early Jan , i earn RM 200k no cabut , become loss RM 45 k , no choice cut loss
Price swing between BOX , main reason because 2 QR net loss ( FEB n May )
Price swing to low I only Buy back recently ,now paper gain RM 40 k
As long as next week can stay above 51 sen , only100 percent gurantee can move upward to 61 sen,


Six sense tell me that Ekovest coming QR August should come with net profit + JS FFZ officially sign aggrement on SEPT , investor May find this this 2 reason push Ekovest to 80 sen above

Take over MRCB price above 10 sen ,last year Mrcb price belakang Ekovest 10 sen whole year
Till today Ekovest price still belakang MRCB 15 sen




yuhan123

30 posts

Posted by yuhan123 > 2024-07-14 11:27 | Report Abuse

its time for ekovest to shine

ks55

4,255 posts

Posted by ks55 > 2024-07-14 11:36 | Report Abuse

60 sen, 70 sen, 80 sen, 90 sen, Oh will sell at 1 ringgit.

kkl123

1,505 posts

Posted by kkl123 > 2024-07-14 15:21 | Report Abuse

That means FRIDAY up is shark eat up,,,
Come out bad news is shark want you to run
I hope push to few ringgitsss only come out good news

Lai Yu

81 posts

Posted by Lai Yu > 2024-07-14 23:36 | Report Abuse

生命之河?
安,没有大破坏力量。

Albukhary

3,044 posts

Posted by Albukhary > 2024-07-15 00:46 | Report Abuse

This River of Life Project is awarded to MRCB and Ekovest.
I think MRCB do nothing, while Ekovest do all the work, and profit all pocketed by MRCB, while work & cost all suffered by Ekovest.
So it is good news to stop the project.

Boringguy

1,090 posts

Posted by Boringguy > 2024-07-15 00:49 | Report Abuse

Haha..expected some of ppl going to make noise on the river project with Ekovest... actually QR report on year 2021 Q3 already report it.. and some1 already show that figure out.. so those who miss the boat and talk bad on the ekovest you can go and checked..

Cnlim

491 posts

Posted by Cnlim > 2024-07-15 06:25 | Report Abuse

the comments by i3 won't affect the price of the stock it will depend on the operator shoik sendiri for commenting

kkl123

1,505 posts

Posted by kkl123 > 2024-07-15 07:15 | Report Abuse

Shark control lah
Come out good news. RUN!!
Quiet or bad news come out BUY!! BUy!!!

Eagle77

7,018 posts

Posted by Eagle77 > 2024-07-15 09:16 | Report Abuse

Operator dumping ⬇️⬇️⬇️🩸🩸🩸

Ron90

4,127 posts

Posted by Ron90 > 2024-07-15 09:19 | Report Abuse

tell you guys..why foreign investors scrambling to buy malaysian equity??..simple jer.. after we decided to join BRICS.. all their stock dollar must be converted to RM as soon as possible (soon tak/kurang laku anymore), coz Ringgit will strengthen to dollar much faster.. otherwise they will rugi holding dollar when malaysian equites damn cheap (comparison to dollar)...this week they will buy everything malaysian have.. RM from 4.72..now drop to 4.67 !!.. thats alot 😆.. They will juts buy anything la...

anson938

2,019 posts

Posted by anson938 > 2024-07-15 09:22 | Report Abuse

Anytime over 0.60 c

kkl123

1,505 posts

Posted by kkl123 > 2024-07-15 09:23 | Report Abuse

Operator dump to who?
Bad news out ,retailers dare to buy???

Eagle77

7,018 posts

Posted by Eagle77 > 2024-07-15 09:25 | Report Abuse

Back to 0.46 ⬇️🩸

Eagle77

7,018 posts

Posted by Eagle77 > 2024-07-15 09:41 | Report Abuse

Downtrend beware guys ⬇️⬇️⬇️🩸🩸🩸

Eagle77

7,018 posts

Posted by Eagle77 > 2024-07-15 09:58 | Report Abuse

🤣🤣🤣⬇️⬇️⬇️🩸🩸🩸

RamsyNa

34 posts

Posted by RamsyNa > 2024-07-15 10:33 | Report Abuse

Ekovest is posing a bullish setup after breaking past the consolidation zone resistance.

The counter has climbed above the MYR0.50 resistance level on the back of strong volume.

The breakout signifies the end of the consolidation phase, and the counter is now eyeing the next resistance level at MYR0.53, followed by the one at MYR0.57.

However, a fall below the MYR0.46 supportlevel would resume the correction phase.

https://www.businesstoday.com.my/2024/07/15/stock-picks-of-the-day-berjaya-corp-ekovest/

Posted by Johnchew123 > 2024-07-15 10:45 | Report Abuse

Already told . Ekovest swing within BOX 43 sen to 51 sen since FEB , once open BOX , 61 sen resistance in short term

Albukhary

3,044 posts

Posted by Albukhary > 2024-07-15 11:50 | Report Abuse

Box will be open soon.
Pandora Box.

speakup

27,067 posts

Posted by speakup > 2024-07-15 11:53 | Report Abuse

Good or Bad?

stncws

10,713 posts

Posted by stncws > 2024-07-15 11:54 | Report Abuse

zzzzzzzzzzzzzz

joni

1,259 posts

Posted by joni > 2024-07-15 11:59 | Report Abuse

can go 55 today

newbie9893

2,366 posts

Posted by newbie9893 > 2024-07-15 12:01 | Report Abuse

buy call...TP 0.56 before market close today

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