This conman s counter ! All proposals are fake one ! Keep extending & postponing to cheat retailers to jump in so the conmen shareholders can off load !! 😭
@Albukhary yes this is looking really ugly. Technically awful. However this is consistent with his grand plan. I have always suspected the delay is because they haven't got enough shares to push through the proposal. LKH has failed in proposals many times. This round he will want to be very sure. This flush out is crystal clear to me of a costly and heavy accumulation by the interested parties. In the process however, paper loss is certain, liquidated losses is possible as we face up with margin calls, and it will be a lengthy painful process. To LKH, it's his one and only play, he can be patient and play the long game. To us, we always have alternatives as do other shareholders like us - and that's what they want, that we jump over to other counters as we lose faith and lose patience w this one, then voila boom.
By the way can't see how Knusford proposal can fail, that'd be illegal! Even Boustead didn't dare to call off the deal post KLK's forced termination - they needed the Govt to step in to close it
The Ekovest-IWCity merger is progressing, with the latest updates showing that Ekovest is taking significant steps to restructure and streamline assets under Tan Sri Lim Kang Hoo's control. Recent moves include Ekovest's proposed acquisition of a 70% stake in Credence Resources, which owns a majority in Iskandar Waterfront Holdings (IWH). Through IWH’s substantial holding in IWCity, this acquisition would strategically position Ekovest in key property development areas in Johor, benefiting from its land bank of over 4,000 acres.
Additionally, Ekovest is integrating construction businesses with Knusford to centralize operations, reduce related-party transactions, and leverage both companies' resources. The merged entity is anticipated to enhance value through these synergies and could potentially benefit from regional infrastructure projects like the Johor Bahru-Singapore Rapid Transit System Link, which may increase land value and development opportunities in the area.
Overall, this restructuring could provide Ekovest with a more cohesive business structure, potentially improving its long-term competitiveness. However, as with any restructuring of this scale, investors should closely watch how well Ekovest integrates these entities and achieves the anticipated efficiencies and asset appreciation.
Wa punya accurancy 100 percent correct. , wa ada cakap early Sept. 2024 ,until end Oct also cannot pass through 40 sen , Wa bagi u org tau , Next QR NoV ,if still net loss , this parria stock will END Dec 31 ,2024 below 40 sen,
If with net profit , this parria stock will trade month Dec 40 - 50 sen until Year end 2024,
Bad fundamental stock , wasting time, Follow this situpid theyoungman ,acc on deep , this situpid theyoungman anything , Bad fundamental stock ask ppl accumulate, Situpid theyoungman , ppl play contra ,better than kept this parria stock , Contra still have bullet to play other stock Don’t follow this situpid theyoungman , accu 53 sen , 45sen , 43 sen , Now this situpid guy ask accumulate ,
No merger will executed , only extend until year 2026 , year 2027
This paria stock need continuely 2 QR net profit , only can see 55 sen to 60 sen If not , come to year 2025 still net loss , forever will trade 30 sen to 40 sen, year 2025
1 more factor ,go n monitor daily IWCITY , iwcity up ,this parria stock only follow up , Iwcity plunge , this parria stock follow plunge , easy predict this parria stock movement
I sold mine after reading the upcoming agenda. I took a negative $80,000. Nothing is about the shareholder interest. Yet, the company is launching another IPO. Conman. Good luck everyone!
"To approve the payment of Directors’ Fees of RM 270,000.00 for the financial year ended 30 June 2024. 4. To approve the payment of Directors’ Benefits up to an amount of RM 200,000.00 with effect from the Thirty-Ninth Annual General Meeting until the next Annual General Meeting of the Company. 5. To re-appoint Forvis Mazars PLT as Auditors for the financial year ending 30 June 2025 and to authorise the Directors to fix their remuneration.
Last chance to run! Take profit while you can! Don't end up with your heads down! Power to all our friends To the music that never ends To the people we want to be Power to you and me To the music that never ends Power to all our friends
This situpid guy theyoungman stuck 53 sen , ask ppl buy parria stock , Bad fundamental + bad QR ,loss money company , Du bodddohhh kah ? Why no ask ppl buy Suncon ,Sunway ,Gamuda ? Growth company , earn big money every QR , order book a lot This parria stock no new contract ,no new order book year 2023 + 2024 , Du ask ppl buy parria stock , du situpid kah. ? Bad fundamental stock
I have made a dream last night. I have dream about Tan Sri LKH proposal was successfully executed. Knusford has announce share split of 1:4, on the basis that its NTA has reach RM2.40, so split into 4, become RM0.60 each share. Then EKOVEST & IWCITY share price has surge to RM0.80 after the merger executed.
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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....
UncleFollower
1,742 posts
Posted by UncleFollower > 4 weeks ago | Report Abuse
Ekovest is indeed fundamentally very sound. Only if LKH does not cancel his proposal tho. Once cancelled, value will always be value, trapped lol