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
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
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
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. Log in Search
Open In App > 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
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.
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
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
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.
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..
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...
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.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Johnchew123
527 posts
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