Posted by sailang_now > 1 month ago | Report Abuse

Morning Guys! Yes with so many feel good factors, Ekovest should retest 0.4~0.41 soon? Even Bankers want to promote their new warrants to retailers by pumping Mother share, as not many takers for their new CWs with exercise value of 0.5~O.6?...tut tut

Posted by soon9913 > 1 month ago | Report Abuse

yes you are right, it will retest 40-41 cents this week.

Posted by fl888 > 1 month ago | Report Abuse

NTA of 77cts per share compared to present 0.38cts in KLSE….is enough to warrant foreign funds attention…

Posted by fl888 > 1 month ago | Report Abuse

Privatisation by offering 50cts ? to wake the sleeping Lims…

Posted by theyoungman > 1 month ago | Report Abuse

Nta is still Nta, not yet realized. One thing for good is assets are strong. With high NTA vs current share price, its share price may not jump up to match the Nta or NAV or RNAV (revised to newer value), although it may happen as syndicates and botak gang have the buffer to play up and down, who is smarter who will win more, or else win less or even incur losses. Invest with care, take reasonable risk into consideration. The listed co is always here for public to invest, unless it has broken some jialat listing rules and causing it to be LD or delisted or even into PN17. Hihihi. While bullish, still have to stay calm.

If nothing bad is going to happen, below 0.40 is good bargain hunting. Botak had a few placements (at least one of the recent one was priced at 0.43+-? So 0.37 is far below the placement price). At a 0.3x is actually 2yrs ago rock bottom price before it surged up to 0.6x last year? This price is quite safe. The only worry is its 1589, the regularization plan, but with her solid assets, again, back to NTA, NAV, 1589 is good, but if delisted, it isn't good for small fly investors, it only benefits the big guys nia.

My2c.

Posted by Nickhew > 1 month ago | Report Abuse

this ekovest really heavy like elephant, all construction rebounded, only this

Posted by Shines > 1 month ago | Report Abuse

Bro tym, your karangan is as good as Rabbit. Mantab

Posted by Johnchew123 > 1 month ago | Report Abuse

This is parria stock , loss 3 QR = 1.2 bil , end Oct also cannot stay above 40 sen,
Got situpid ppl stuck 53 sen , daily talk rubbish , buy on dep ,, situpid u

Posted by theyoungman > 1 month ago | Report Abuse

Shines kor, ya, we miss him v much.

By the way, there is an old dog continue barking non stop since last year. He has loss most of his bullet. Hehe. Only the dog knows.

Cheers.

Posted by Lewis Lee > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/729836

This group of conmen plan to con more retailers again ?? 😅

Posted by EVO118 > 1 month ago | Report Abuse

Still can't get to 0.38. Next week back down then back up & down again.

Posted by Shines > 1 month ago | Report Abuse

@turbochart, you mean eko will be under 8.03A?

Posted by Johnchew123 > 1 month ago | Report Abuse

This situpid theyoungman stuck 53 sen since FEB 2024 , daily ask buy on dep , du bodddoh punya org kah ?
Bad fundamental , no new contract , no new order book , loss continuely 3 QR = 1.2 bil
Parria stock ,u ask ppl buy on deeep , u brain crash kah ? U go Holland enough , u ask ppl follow u go Holland , u
Betul betul black heart wanna trap ppl kah ?
Du cakap buy on deep gamuda , Suncon , Sunway , IJM ,
Du pandai ,but u ask ppl buy on deep this parria stock
No read fundamental , no future growth profit , no new contract ,no new order book
Situpid theyoungman ask ppl buy on deep ? 50 sen buy on dep
45 sen buy on deep , 43 buy on deep ,40 sen buy , 38 sen buy on deep
Du situpid kah ?

Posted by Johnchew123 > 1 month ago | Report Abuse

What u know this parria stock , only know buy on deep , be a smart investor , not a situpid investor like this theyoungman , daily buy on deep . Which ppl teach u ?average down BUY ?
Average down BUY is situpid method in stock market

Posted by Johnchew123 > 1 month ago | Report Abuse

Only this situpid guy theyoungman average down buy , no go up his price 55 sen above ,forever his would ‘ t SELL , he think avarage down buy , gurantee 100 Percent will earn big money until END , if no SELL
Situpid u every time apply average buy in stock market

Posted by ExecutionTrade > 1 month ago | Report Abuse

Did Ekovest fulfil any categories of PN17?
https://www.klmanagement.com.my/corporate-advisory/pn17-listed-companies-in-financial-distress/#:~:text=PN17%20stands%20for%20Practice%20Note,that%20are%20in%20financial%20distress.

Posted by Jonathan Keung > 1 month ago | Report Abuse

Average down is a good option if you are prepared to hold for long term { 3 years or more } . Stock wise & fundamentals pick ones that have solid businesses growth or positive cash flows. Ekovest after exciting their profitable construction and merging the group with their controlling shareholder as a property investment holdings. Plantation , durian farm , property, highways and minority shares stake in sister companies may required more gestation period tagline

Posted by fl888 > 1 month ago | Report Abuse

So many contact and land bank and assets with NTA 77cts, yet the most underperforming stock todate in KLSE …only Botak knows …

Posted by SHChin888 > 1 month ago | Report Abuse

Ekovest got 1 stalled development near Jalan Pahang that is collecting sampah for years.

Posted by fl888 > 1 month ago | Report Abuse

Botak is not straight but crooked in trading…One can make more money from crooks..

Posted by Sue1234 > 1 month ago | Report Abuse

Why

Posted by fl888 > 1 month ago | Report Abuse

Run to buy or sell ?

Posted by fl888 > 1 month ago | Report Abuse

IWCity PN17 uplifted anytime…

Posted by Apple2353 > 1 month ago | Report Abuse

Didn't know IWCity is PN17. are you sure or not ?

Posted by Sue1234 > 1 month ago | Report Abuse

collect on weakness

Posted by EVO118 > 1 month ago | Report Abuse

This is old news, note dated 10/6/2022 !!!

Posted by stncws > 1 month ago | Report Abuse

news is good, maybe now starting

Posted by EVO118 > 1 month ago | Report Abuse

Like I have posted before. This stock has a price range of 0.36 to 0.38 week in / week out (up/down/up/down). Need to get out of that cycle.

Posted by laulau > 1 month ago | Report Abuse

Recap!

What we know so far on IWCity & Ekovest In Summary:

IWCity is only a Paragraph 8.03A affected listed issuer. The property developer stressed that it is not a Practice Note 17 (PN17) company.

Paragraph 8.03A refers to a listed corporation whose assets on a consolidated basis consist of 70% or more of cash or short-term investments, or a combination of both.

Ekovest as a White Knight for IWCity, will benefit from the proposed merger, to access to IWCity's 70% or more cash or short-term investments & 1000 acres landbank in Johor to benefit from JSEZ Theme Play coming soon?

EKOVEST still has
# A large outstanding amount for construction projects (Contract Assets to be monetized) RM114 Million,
# Progress of RTS project has made a positive contribution to revenue (Revenue during the reporting period was RM638.873 Million, a significant increase of 21% compared to last year's RM526.988 Million),
# Highway revenue has been negatively affected by non-receipt of the expected road compensation payment of RM64.0 Million in 2023. This compensation of RM64 Million due from Government may be received once allocated in the coming Budget 2024/2025?.
# Meantime Ekovest sold 17 parcels of land in KL (Jalan Pahang land) to LKH & Airman to cover its current Cashflow with cash proceeds of RM66.8M + RM9.82M = RM76.62 Million, to be recognised in the next Qtr.
# Ekovest is highly shorted with Net Short Position of RM58.25 Million (1.96%) on 29/8. If not enough Volume/Seller at lower price Sold by Operator (i.e. 36~36.5
sen) for RM58.25 Million worth of borrowed shares in next few trading sessions, Operator will have to Buy at higher price than 36~36.5 sen to cover back these Short Position. That's why Operator Agents are working very hard to scare uninformed Retailers to Sell cheaper?

According to the information in EKOVEST’s latest financial report, the following are the specific situations regarding the outstanding construction funds, RTS project revenue and the decrease in highway revenue:

#Outstanding construction balances:
- The total outstanding amount (Contract Assets) of the construction segment is approximately RM113.421 million.

#RTS project income:
The progress of the RTS Link project has significantly increased the revenue of the construction segment this financial year. Revenue during the reporting period was RM638.873 million, a significant increase compared to last year's RM526.988 million.

#Reduction in highway revenue:
The decrease in highway revenue is mainly due to the non-receipt of the expected road compensation payment of RM64.0 million in 2023. In addition, the toll rate adjustment on the Duke 1 & 2 Expressway from January 1, 2024 has not yet been confirmed, further affecting revenue.

Posted by fl888 > 1 month ago | Report Abuse

If Budget 2005 does not push Ekovest to above 40cts….then it is not a good Budget for the investors at all

Posted by theyoungman > 1 month ago | Report Abuse

R U Ready? 😍😍😍

Posted by sailang_now > 1 month ago | Report Abuse

Morning guys!
Already bought tickets for the show. Construction & Property stocks will be a beneficiary of Budget today!...tut tut

Posted by Johnchew123 > 1 month ago | Report Abuse

This situpid say buy on dep , average down buy gurmantee win big money , 53 sen buy ,50 sen buy , 48 sen buy , 45 sen buy . So situpid u thyoungman , stuck , du situpid punya , wa beli PBB ,2 day already earn 3k cabut ,better tthan this situpid theyoungman buy on deep , boddodh punya org ,stuck high price

Posted by theyoungman > 1 month ago | Report Abuse

R U READY?
Slowly but surely.
Below 0.38 is multiple years low price range. Don't & NEVER expect this bb to drop to below 0.20. 😍😍❤️❤️

Posted by Lewis Lee > 1 month ago | Report Abuse

R U READY ? = Ready for conman to con you again ?? 😂

Posted by fl888 > 1 month ago | Report Abuse

Budget looks like not able to benefit Ekovest much….

Posted by Johnchew123 > 1 month ago | Report Abuse

Budget benefit TNB , but this situpid guy thyoungman say buy on deep , no new contract , no new order book on year 2023 n 2024 , loss 3 QR = 1.2 bil , this situpid say gurantee sure up his price 53 sen , don’t worry , bad fundamental stock ,gurantee up 1 day , u all follow , gurantee up , average down buy ,faster buy on deep

Posted by fl888 > 1 month ago | Report Abuse

40cts TP today by Operators possible or not ?

Posted by fl888 > 1 month ago | Report Abuse

PN17 waiver rejected but RP extended another 6 months….still got hope..hahaha

Posted by EVO118 > 1 month ago | Report Abuse

Down again. Same old story up/down/up down.

Posted by UncleFollower > 1 month ago | Report Abuse

Renetering Ekovest, hold till Jan'24 exercise.

Posted by UncleFollower > 1 month ago | Report Abuse

Whatever happened to this project? Isn't Ekovest the King of cancellations

https://www.nst.com.my/business/2017/07/258663/ekovest-banking-river-life-project

Posted by fl888 > 1 month ago | Report Abuse

Over sold by Shorties…hope for buy back soon..

Posted by VincentTang > 1 month ago | Report Abuse

Banker will press down the Ekovest before call warrant expired this week. Actually got another call warrant C55 will expire on 11 Nov 24.

Posted by laulau > 4 weeks ago | Report Abuse

Yes! Macquarie CW last day of trading on 7 Nov. While Affin CW expired on 21 Oct. There could be a sudden surge in Ekovest mother share price as IBs will be promoting their new CWs to Market! Exercise price ranges from 0.5 to 0.60 for majority of new CWs. Accumulate on current weakness and wait for the Pump!

1. EKOVEST-C55: CW EKOVEST BERHAD (MACQ) by Macquarie IB

Instrument Category Structured Warrants
Instrument Type CALL WARRANTS
Type Of Expiry Expiry/Maturity of the securities
Exercise/ Strike/ Conversion Price Malaysian Ringgit (MYR) 0.4800
Exercise/ Conversion Ratio 1.7:1
Settlement Type / Convertible into Cash
Last Date & Time of Trading 07 Nov 2024 05:00 PM

2. EKOVEST-C54: CW EKOVEST BERHAD (AFFIN) by Affin IB

Instrument Category Structured Warrants
Instrument Type CALL WARRANTS
Type Of Expiry Expiry/Maturity of the securities
Exercise/ Strike/ Conversion Price Malaysian Ringgit (MYR) 0.4800
Exercise/ Conversion Ratio 2 : 1
Settlement Type / Convertible into Cash
Last Date & Time of Trading 21 Oct 2024 05:00 PM

Posted by Johnchew123 > 4 weeks ago | Report Abuse

Parria stock easy predict movement ,go n see IWCITY ,,IWCITY no move whole year , this parria stock gurantee 100 % cannot move,
Nothing effect CW , forget CW , CW cannot affect pariia stock price
Du daily monitor IWCITY enough
Only IWCITY can affect this pariiaa stock price movement

Posted by Johnchew123 > 4 weeks ago | Report Abuse

19 / 9 / 24 , IWCITY pi 67.5 sen ,
This parria stock only 40.5 sen
IWCITY up ,this parria only follow , it a guard dog stock,

Posted by laulau > 4 weeks ago | Report Abuse

It's now a waiting game. Shorties can't make money if there's no volume. That's why Ekovest is no longer Shorties flavour of the day. IBs will pump sooner or later to promote sales of the new CWs, otherwise no income? Accumulate on any Weakness before the next positive wave.

Posted by Johnchew123 > 4 weeks ago | Report Abuse

Accumulate good fundamental stock ,no this parria stock ,good fundamental stock a. Lot ,
Suncon plunge to 3.70 last month ,now 4.70 ,Spsetia plunge RM 1 ,now 1.45,
Bad fundamntal stock ,uselss ,rubbish ,wasting time

Posted by ExecutionTrade > 4 weeks ago | Report Abuse

We can see you were deeply hurt by Ekovest, Johnchew123. ha