EVD BERHAD

KLSE (MYR): EVD (0174)

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Last Price

0.085

Today's Change

+0.005 (6.25%)

Day's Change

0.085 - 0.085

Trading Volume

13,700


2 people like this.

1,097 comment(s). Last comment by Michael Kwok 1 month ago

Posted by GreatWarrants > 2018-09-03 18:12 | Report Abuse

Company so cheap i can buy with 10million haha.. undervalued

Posted by klsefunandlepak > 2018-09-03 20:00 | Report Abuse

Better gap up at 5 sen lah.. Close one eye can buy this cheap company hahah

Posted by klsefunandlepak > 2018-09-03 21:09 | Report Abuse

Or privatization would be great.
NTA is RM 0.15.
Any businessman can take it private and make 200% by selling all its assets haha

cheong3288

143 posts

Posted by cheong3288 > 2018-09-24 19:03 | Report Abuse

runnn?

cheong3288

143 posts

Posted by cheong3288 > 2018-10-10 19:07 | Report Abuse

wait for 1.5sen

Posted by thunderbird > 2019-08-27 16:23 | Report Abuse

stupid counter ever, run for your life, dont' get conned

shadowz

711 posts

Posted by shadowz > 2019-09-27 10:25 | Report Abuse

Finally there is good news

stncws

10,728 posts

Posted by stncws > 2019-09-27 13:55 | Report Abuse

10IN1

up88up

598 posts

Posted by up88up > 2020-06-16 10:33 | Report Abuse

Collecting mode?

Posted by SpicyMcDeluxe > 2020-06-16 11:48 | Report Abuse

Who Knows

Posted by birkincollector > 2020-06-16 12:40 | Report Abuse

interesting....broke 0.035......the resistance for two years

up88up

598 posts

Posted by up88up > 2020-06-16 12:57 | Report Abuse

Anyone have any news? Michael here?

Posted by birkincollector > 2020-06-21 12:21 | Report Abuse

well they submitted regularisation plan to SC on the 12th jun....16th jun sudden jump in volume and has been rather active since then........ there are also off market transactions on 17th jun with one director ceasing to be substantial shareholder.........so im guessing new party taking over the company

sengkee

2,060 posts

Posted by sengkee > 2020-06-29 11:35 | Report Abuse

TP?

Posted by birkincollector > 2020-07-10 17:52 | Report Abuse

looking at the price and volume....regularisation plan might have been approved

Posted by birkincollector > 2020-07-13 17:53 | Report Abuse

amazing movement today...think soon will announce injection of EV DYNAMIC business

sengkee

2,060 posts

Posted by sengkee > 2020-07-13 19:07 | Report Abuse

You mean will consolidate 10 existing shares become 1 share only? Oh my ... l

cheong3288

143 posts

Posted by cheong3288 > 2020-07-14 14:33 | Report Abuse

white knight to bring it up to higher level XD

Posted by BullsandBears > 2020-07-14 17:41 | Report Abuse

upcoming probably gonna go heng heng

sheep

3,852 posts

Posted by sheep > 2020-07-15 09:23 | Report Abuse

I checked no such 10 to 1.. Regularisation plan details also no disclosed. Must / better becareful..

Posted by BullsandBears > 2020-07-15 11:00 | Report Abuse

I also couldn't find any news related to share consolidation. Even so if there is a 10 to 1 share consolidation, share value still remains same..... no biggie

Posted by Humble2020 > 2020-07-16 22:26 | Report Abuse

Normally if a white knight would like to acquire the problematic company, what would be the price reaction of targeting company before the confirmation of regularisation plan

Posted by BullsandBears > 2020-07-16 23:55 | Report Abuse

From what i understand, the regularisation plan proposed are as follows:
1. Consolidation of shares at a ratio of 10:1
2. After consolidation, there will be 16 million private placement priced at RM 0.1
3. Thereafter private placement, there will be a right issues, whereby ICB share holders can subscribe to new issuance at a basis of two... meaning if you own 1 ICB share, then you will have the right but not the obligation to buy 2 more share, at the price of RM 0.1 per share.
4. After the complete exercise of the above 3 matters, EVD will acquire ICB with RM 108 million. The breakdown are as follows:
(a) RM37.8 million through the issuance of 252.0 million Consideration Shares at a
proposed issue price of RM0.15 per Consideration Share;
(b) RM58.2 million through the issuance of 2,328.0 million new EVD RCPS with a
denomination of RM0.025 per Consideration RCPS; and
(c) the remaining RM12.0 million in cash;
5. Existing ICB shareholders will automatically convert to EVD share holders at a ratio of 1:1 .......... so if you bought ICB right issues priced at 10 cents, you'll have an EVD share valued at 15 cents after the conversion.
*Please note that all the above are "proposed" only, and is subjected to future changes".
*Also note that above are my own understanding for the regularisation plan, so KINDLY correct me if im wrong, thanks*

Posted by BullsandBears > 2020-07-16 23:58 | Report Abuse

so if the proposed regularisation plan is approved, then you're right Rio2814. 10 existing shares will turn into 1 share

Posted by Humble2020 > 2020-07-17 07:33 | Report Abuse

Worth buying?

Posted by BullsandBears > 2020-07-17 15:30 | Report Abuse

At a fundamental and technical aspect, dont suggest to buy.... it hasnt been profitable for many many years and the only upside in their fundamental is their debt to equity.... its satisfactory cash reserves is allowing them to sustain for the upcoming years , maybe 3 years.... the amalgamation of ICB and EVD however looks abit promising... though there isnt much information available now as it is yet to be listed... but you can go to EVD page and look at their customer base and the services they provide. https://ev-dynamic.com/

Worth buying or not? I really dont know... but i still bought abit

Posted by BullsandBears > 2020-07-17 15:33 | Report Abuse

Thanks for the info Rio

Posted by Humble2020 > 2020-07-18 07:16 | Report Abuse

Thanks bullsandbears. However, buying interest is Increasing compared with few months ago.

Posted by BullsandBears > 2020-07-20 17:31 | Report Abuse

the price is pushed by the buying interest. You guys can actually google for price volume relationship analysis

Rio2814

1,942 posts

Posted by Rio2814 > 2020-07-20 20:00 | Report Abuse

Thks

rico123

2 posts

Posted by rico123 > 2020-07-21 17:01 | Report Abuse

test

Posted by BullsandBears > 2020-07-29 19:58 | Report Abuse

Leave this counter before the SC approve the proposal

Rio2814

1,942 posts

Posted by Rio2814 > 2020-08-06 08:12 | Report Abuse

Why sudden surge?

Posted by mockingjay87 > 2020-08-06 21:30 | Report Abuse

Heard there will uplift the PN17

ahbah

6,238 posts

Posted by ahbah > 2020-08-07 17:44 | Report Abuse

Better things are coming ?

Get in first ?

Onli earli birds got catch the worm$$$ !

faqrulz

18 posts

Posted by faqrulz > 2020-08-07 23:20 | Report Abuse

sure will fly next week

cheong3288

143 posts

Posted by cheong3288 > 2020-08-10 16:28 | Report Abuse

how much can it fly?

Eric963708

192 posts

Posted by Eric963708 > 2020-08-12 10:42 | Report Abuse

start drop now

cheong3288

143 posts

Posted by cheong3288 > 2020-08-12 17:08 | Report Abuse

Its a bye bye counter

mbbx6sm3

60 posts

Posted by mbbx6sm3 > 2020-08-17 15:35 | Report Abuse

conman bursamaster already shout .. careful

Posted by PermaiFrontliner > 2020-08-17 17:21 | Report Abuse

Its bye bye counter? Up 66% today wkwkwk

volks2

1,116 posts

Posted by volks2 > 2020-08-17 20:36 | Report Abuse

i believed its another RTO....

pazzoll

240 posts

Posted by pazzoll > 2020-08-18 08:40 | Report Abuse

I believe he can fly ~~~

cheong3288

143 posts

Posted by cheong3288 > 2020-08-18 09:24 | Report Abuse

cant fly only say hello 10sen 1 day only, then bye bye counter

Eric963708

192 posts

Posted by Eric963708 > 2020-08-18 09:26 | Report Abuse

RTO means?

240902

62 posts

Posted by 240902 > 2020-08-18 10:50 | Report Abuse

RTO ---Reverse Take Over

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