EKOVEST BHD

KLSE (MYR): EKOVEST (8877)

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Last Price

0.35

Today's Change

0.00 (0.00%)

Day's Change

0.345 - 0.355

Trading Volume

7,496,500


34 people like this.

75,736 comment(s). Last comment by turbochart 2 hours ago

Albukhary

3,043 posts

Posted by Albukhary > 2024-08-23 11:07 | Report Abuse

I believe everything is planned and controlled by the boss.
They purposely press down the share price.
I not sure what is their agenda but I am very sure the share price is being pressed.

soon9913

2,820 posts

Posted by soon9913 > 2024-08-23 11:10 | Report Abuse

Albukhary , you could be right! save some bullets to buy at 30cents..
it is possible.

soon9913

2,820 posts

Posted by soon9913 > 2024-08-23 11:28 | Report Abuse

like it or not, the news causing selldown.. if u think is right time, should buy more now

Boringguy

1,090 posts

Posted by Boringguy > 2024-08-23 11:43 | Report Abuse

Yes... self-justification whether now is the right time or not...based on my view and discussion with my friend..it looks like fight between Johor and KL... suppose this will happen on 2020 and 2022.. but due to covid and lock down so everything postpone.. but my friend source said this time likely will on based on the recent move like selling off the land to airman and botak will excute his plan.. so KL on airman and Johor will be Botak....

Boringguy

1,090 posts

Posted by Boringguy > 2024-08-23 12:04 | Report Abuse

regarding the duke3 issues.. i don't think is issues.. due to duke listed plan is on table and before 2026 needs to be executed....as per history botak plans always fail that why market doesn't put expectations on this and this is why the share price kena press 99 compare to last month from 0.43 up to 0.58.... so shareholder is expect and hope the deal on? or just the minor shareholder is stop it? if not excuted why sell the land to airman and airman own by who? what is the core value of ekovest? why sell off the land why don't develop the land where all the land is strategic land and why acquire johor 4 TOD land near RTS? all this my friend source share to him.. he said yourself think of it.. if risk then don't touch if you think botak plan is good.. then now is good timing can buy some and keep the show happen...so now is between johor and KL game.. so will botak win this time?

soon9913

2,820 posts

Posted by soon9913 > 2024-08-23 12:08 | Report Abuse

highway listing plan defer few times ady lo. 2025 perhaps a good year if they really plan in accordance with the plan to list the highway concesssion, not now or 2024

soon9913

2,820 posts

Posted by soon9913 > 2024-08-23 12:10 | Report Abuse

and their action is slow like turtle, tends to missed good time also,

soon9913

2,820 posts

Posted by soon9913 > 2024-08-23 12:11 | Report Abuse

if iwcity is part of the economic special zone, will the valuation in the merger plan still applicable ? the land value of iwcity is still the same?

soon9913

2,820 posts

Posted by soon9913 > 2024-08-23 12:15 | Report Abuse

the merger might be abort also as those valuation/ proposals might no longer applicably after deferring such long time

soon9913

2,820 posts

Posted by soon9913 > 2024-08-23 12:17 | Report Abuse

as now they only provided general update on the merger plan, they would have details down the status if something is brewing to be happened.

laulau

423 posts

Posted by laulau > 2024-08-23 12:26 | Report Abuse

@Boringguy Ekovest's acquisition of 4 pieces of TOD (Transport Oriented Development) near RTS could be developed in similar fashion as highlighted by this article?
https://www.nst.com.my/property/2023/09/954798/rts-link-game-changer-johor-bharu-real-estate-market

Investormy

137 posts

Posted by Investormy > 2024-08-23 13:23 | Report Abuse

The DUKE highway book value is RM7.9bil in Ekovest accounts. It’s the main asset of Ekovest. Generating appx RM350mil revenue per year. Based on 2021 projection, Ekovest want to list it at RM11 - RM12bil value. If succeed, then there is a windfall of around RM3bil. That’s RM1 per share. So, buy and just wait until 2026.
https://www.pressreader.com/malaysia/new-straits-times/20200923/281762746689829

Investormy

137 posts

Posted by Investormy > 2024-08-23 13:26 | Report Abuse

My guess is the merger plan is for LKH to increase his shareholding in Ekovest. He’s just holding about 33% now. After merger, his share will be more than 50%. That means he will profit more from the listing of DUKE. So, listing of DUKE will only happen after the completion of the merger & LKH increase his shareholding. The crown jewel in Ekovest is the 3 DUKE highways.

Investormy

137 posts

Posted by Investormy > 2024-08-23 13:27 | Report Abuse

Expect price of Ekovest will stay low until LKH successfully increase his shareholder under the merger plan. Jackpot will only come after the merger and the listing of DUKE

Boringguy

1,090 posts

Posted by Boringguy > 2024-08-23 13:46 | Report Abuse

@laulau... could be..i wish and expect on oct the acquire TOD is completed.. expected the coming QR report the 13 disposal lands will be recognized.. next qr will be additionally recognised on the 4 disposal land...that why with all this move.. is the show that Ekovest move toward to Johor development where they already disposal total 17 lands to Airman.. with all this move actually a bit weird.. if the merger no happen why disposal all those land? to recognize it? fyi.. the airman is under LSH which is another independant ekovest shareholder.. so what does it mean?

laulau

423 posts

Posted by laulau > 2024-08-23 14:34 | Report Abuse

Interesting information. Need to do more research. Maybe can find more leads on LSH from this article?
https://theedgemalaysia.com/article/ekovest-md-lim-keng-cheng-trims-stake-ceases-be-substantial-shareholder


p.s.

soon9913

2,820 posts

Posted by soon9913 > 2024-08-23 14:49 | Report Abuse

LKC is good le , but move to his own listed company ady

Posted by Johnchew123 > 2024-08-24 11:56 | Report Abuse

https://theedgemalaysia.com/node/701982

Last hope on QR August 28 , if net profit count in land disposal ,QR August should be showing , investor will treat this as good news , market sentiment should turn good next week onward slowly after Powell confirm rate cut on Sept
TP = 50 sen within 15 trading day after QR August announed ( QR August need come net profit )

fl888

7,750 posts

Posted by fl888 > 2024-08-26 08:27 | Report Abuse

Operators Trying to break below 30cts TP…

Chellons

112 posts

Posted by Chellons > 2024-08-26 12:13 | Report Abuse

i hope theres light at the end of the tunnel build by ekovest

Posted by Jonathan Keung > 2024-08-26 17:08 | Report Abuse

Yes. Is the light at the tunnel ? still waiting for Ekovest to finalize the merger and group consolidation exercise . The 6 month extension was initiated by Ekovest board and extended until Feb 2025. For ikan bilis for better or worse. Price will be side ways for the next 3-4 months. no choice but to sit it out

Plantermen

2,241 posts

Posted by Plantermen > 2 months ago | Report Abuse

Ekovest will announce their last Q4 result on or before End August. If the result is above market expectations and not too bad vs the last corresponding period. There is still hope for a price rebound. If the result is worse than expectations then hold tight for more downward pressure

Posted by FlashParadox > 2 months ago | Report Abuse

I estimate it will generate profits instead of losses in Q4

soon9913

2,820 posts

Posted by soon9913 > 2 months ago | Report Abuse

0.37 support broken

Posted by John1889 > 2 months ago | Report Abuse

GET OUT!

Boringguy

1,090 posts

Posted by Boringguy > 2 months ago | Report Abuse

Buy slowly when the price keep dropping.. hahaha....maybe some one will off board let the new ppl on board...

soon9913

2,820 posts

Posted by soon9913 > 2 months ago | Report Abuse

good news if change of management.. the existing mgt cannot perform

Boringguy

1,090 posts

Posted by Boringguy > 2 months ago | Report Abuse

Those who buy and still hold at 0.50 above will feel heart pain due to the drop so much...

Boringguy

1,090 posts

Posted by Boringguy > 2 months ago | Report Abuse

let wish FY25 will be good start for Ekovest!!.

Posted by Johnchew123 > 2 months ago | Report Abuse

QR today announed will determine direction ,net loss again = see u 31 sen ,( Fibonacci Retracement 50 % Retracement )
Net profit announed , see u 50 sen within 15 trading day

Lewis Lee

1,694 posts

Posted by Lewis Lee > 2 months ago | Report Abuse

share price keep trading ard 0.36-0.38 recently, use buttock to think also know the QR going to be loss !! 😥

Lewis Lee

1,694 posts

Posted by Lewis Lee > 2 months ago | Report Abuse

insiders should have known earlier ....

UncleFollower

1,752 posts

Posted by UncleFollower > 2 months ago | Report Abuse

Outperforming MRCB and UEMS on 3 days, 5 days comparison 😂

Posted by Johnchew123 > 2 months ago | Report Abuse

Celender Chinese , bulan 7 , bulan hantu , hantu kacau all small cap ,bulan 7 , 3 more day finish , small cad all plunge like hell ,hantu kacau ,since 5 August , bulan hantu going finish 2 Sept , expect small cap turn goreng effect 3 Sept

Boringguy

1,090 posts

Posted by Boringguy > 2 months ago | Report Abuse

Consider luck or good movement??? unlock 17 parcels of land all under the KL area.. and now the recent incident on the KL will impact any new development on the KL area

Chellons

112 posts

Posted by Chellons > 2 months ago | Report Abuse

The QR is today or tomorrow

curiousq

1,098 posts

Posted by curiousq > 2 months ago | Report Abuse

QR would be .....??? another BOMB ???

Posted by Johnchew123 > 2 months ago | Report Abuse

Bad QR expect appear , see u 31 sen in 10 trading day

Boringguy

1,090 posts

Posted by Boringguy > 2 months ago | Report Abuse

Some people said LKC is good.. is it really good? pass result is showing... wish botak really this is round seriously and make it happen!!

Posted by FlashParadox > 2 months ago | Report Abuse

Awaiting q4 result tmr. May be got surprise

Chellons

112 posts

Posted by Chellons > 2 months ago | Report Abuse

Painful. Seriously

Lewis Lee

1,694 posts

Posted by Lewis Lee > 2 months ago | Report Abuse

Once QR out, share price will down to 0.30, that is the surprise ! 😖

yongyong88

551 posts

Posted by yongyong88 > 2 months ago | Report Abuse

Usually price will be up if coming QR is good as insiders will be buying. The continous drop from peak of 58c indicates it is not going to be good. Announce today?

Boringguy

1,090 posts

Posted by Boringguy > 2 months ago | Report Abuse

IWCITY QR already release.. so i think today ekovest will release today...bad or not will know by today..

soon9913

2,820 posts

Posted by soon9913 > 2 months ago | Report Abuse

dont expect so much on QR result lo. i think the result would not have any surprise

Boringguy

1,090 posts

Posted by Boringguy > 2 months ago | Report Abuse

who know big surprise leh.. if bad.. the price already factor in.. if big surprise then will regret not collect current price..

Eagle77

6,993 posts

Posted by Eagle77 > 2 months ago | Report Abuse

Coming QR more to big RED 🩸🩸🩸

Nickhew

74 posts

Posted by Nickhew > 2 months ago | Report Abuse

all in if below 0.3, delete apps for 2 years, sure got few hundred percent profit

Posted by Johnchew123 > 2 months ago | Report Abuse

QR August , Net loss expect 10 mil to 20 mil , if no count in land disposal , land disposal probably count on QR NOV ,see u 31 sen BY END SEPT ,
Worst n paria performance YEAR 2024 ,DeC 31 2023 close 49 sen ,today 36 sen ,
Chose any small cap contruction also better then this parria stock
If u Buy Gadang , inta , Sendai , Econbhd ,Mrcb ,Fajar on 31 Dec 2023 , today Sell also win money

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