ECONPILE HOLDINGS BHD

KLSE (MYR): ECONBHD (5253)

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Last Price

0.445

Today's Change

-0.015 (3.26%)

Day's Change

0.445 - 0.455

Trading Volume

486,500


14 people like this.

11,507 comment(s). Last comment by KingKKK 1 month ago

Hotstuff

3,285 posts

Posted by Hotstuff > 2019-04-08 20:22 | Report Abuse

there is no sign of retracement only uptrend

Hotstuff

3,285 posts

Posted by Hotstuff > 2019-04-08 20:22 | Report Abuse

wa 0.30-0.50 this year

mkmk

1,514 posts

Posted by mkmk > 2019-04-08 20:45 | Report Abuse

Dont sell... saw news ecrl is confirmed d....

dicky11

32 posts

Posted by dicky11 > 2019-04-08 22:17 | Report Abuse

Use ass think also know ECRL continue la, just sapu sure easily 100%return

KLSEBOTS

379 posts

Posted by KLSEBOTS > 2019-04-08 22:29 | Report Abuse

tomorrow more ppl come goreng. up up up. rm1 is odw...

Orange3963

212 posts

Posted by Orange3963 > 2019-04-08 22:42 | Report Abuse

Ya sapu allllll

Orange3963

212 posts

Posted by Orange3963 > 2019-04-08 22:43 | Report Abuse

No 0.7 no sale

mkmk

1,514 posts

Posted by mkmk > 2019-04-08 22:49 | Report Abuse

Dicky so good can use ass think...

Godofgambler

5,307 posts

Posted by Godofgambler > 2019-04-08 23:26 | Report Abuse

Ecrl confirmed!!!!

Ron90

4,106 posts

Posted by Ron90 > 2019-04-08 23:43 | Report Abuse

remember the saying..buy on rumors, sell on news

Hotstuff

3,285 posts

Posted by Hotstuff > 2019-04-08 23:46 | Report Abuse

sorry ron90 this theory isn't apply on this case ok. you need to analyse each case not just apply the theory blindly

Hotstuff

3,285 posts

Posted by Hotstuff > 2019-04-08 23:47 | Report Abuse

we are buying Econ based on its fundamental not news

Hotstuff

3,285 posts

Posted by Hotstuff > 2019-04-08 23:49 | Report Abuse

I am seeing a big picture in 2-3 yrs time not 2-3 weeks. contra players ofcos will be happy for a little profit to buy them KFC

Godofgambler

5,307 posts

Posted by Godofgambler > 2019-04-08 23:53 | Report Abuse

Fundamental and actions are louder than words..if we listen already holland by aminvest d.

banker33

427 posts

Posted by banker33 > 2019-04-09 07:48 | Report Abuse

Godofgambler Ecrl confirmed!!!!
08/04/2019 11:26 PM

that's good news for Econ indeed.

Posted by Heavenly PUNTER > 2019-04-09 07:49 | Report Abuse

Very very good

KLSEBOTS

379 posts

Posted by KLSEBOTS > 2019-04-09 08:11 | Report Abuse

hsr reviewing, today all construction counters fly to another level. cheers

banker33

427 posts

Posted by banker33 > 2019-04-09 08:17 | Report Abuse

Posted by KLSEBOTS > Apr 9, 2019 8:11 AM | Report Abuse

hsr reviewing, today all construction counters fly to another level. cheers

wow wow, indeed good news.

Investsucess

4,761 posts

Posted by Investsucess > 2019-04-09 08:21 | Report Abuse

Econpile will benefit the most from ECRL because its the best and most capable pilling company in malaysia,

banker33

427 posts

Posted by banker33 > 2019-04-09 08:48 | Report Abuse

hahaha, got 1 stupid & idiotic moron queue with 1 lot each for 6 levels starting from 54 cents low price. He thinks that by such idiotic act the traders would not buy higher, such a mental case indeed....hahaha....better send him to Tanjong Rambutan huhu

banker33

427 posts

Posted by banker33 > 2019-04-09 08:49 | Report Abuse

Posted by banker33 > Apr 9, 2019 8:48 AM | Report Abuse X

hahaha, got 1 stupid & idiotic moron queue with 1 lot each for 6 levels starting from 54 cents low price. He thinks that by such idiotic act the traders would not buy higher, such a mental case indeed....hahaha....better send him to Tanjong Rambutan huhu


Really got such idiots and morons in Malaysia, hahaha

Investsucess

4,761 posts

Posted by Investsucess > 2019-04-09 08:50 | Report Abuse

Econpile TP 0.98 Cts three months time

banker33

427 posts

Posted by banker33 > 2019-04-09 08:51 | Report Abuse

But you can see 2554 units are queue at half a cent higher, hello idiot and moron, your tactic don't work lah.

banker33

427 posts

Posted by banker33 > 2019-04-09 08:54 | Report Abuse

Posted by Investsucess > Apr 9, 2019 8:50 AM | Report Abuse

Econpile TP 0.98 Cts three months time

this is wonderful indeed, I should buy more today as market is good.

Newplayer286

2,654 posts

Posted by Newplayer286 > 2019-04-09 09:20 | Report Abuse

Today hit 0.60?

Ken Tang

80 posts

Posted by Ken Tang > 2019-04-09 09:30 | Report Abuse

unlikely for today

Posted by Oscar Tong > 2019-04-09 09:42 | Report Abuse

Not moving

Daily8

3,858 posts

Posted by Daily8 > 2019-04-09 09:47 | Report Abuse

this week will break 60 cents. If not, then it'll stay sideline.

Posted by Heavenly PUNTER > 2019-04-09 09:51 | Report Abuse

Hi guys... in 2017 Econpile is trading at 3.52x it's book value... That time the construction sector outlook is bright... , as of today's price it's trading at 2.10x it's book value... Should the company manage to turnaround into profit for FY19... you can expect what the TP will be approximately!

Melady

134 posts

Posted by Melady > 2019-04-09 09:53 | Report Abuse

@punter, your idea , should econ for longer time ? Tq

Hotstuff

3,285 posts

Posted by Hotstuff > 2019-04-09 09:58 | Report Abuse

anything below 0.25 for WA is good buy. buy now or regret later.

Posted by Heavenly PUNTER > 2019-04-09 09:59 | Report Abuse

Hi Melady, for me I'll be holding till at least next Quarter... I expect the Earnings to stabilise back to normal in FY2020.. It's a long time, but with the sector outlook becoming better now I think it's highly possible!

Hotstuff

3,285 posts

Posted by Hotstuff > 2019-04-09 09:59 | Report Abuse

last QR loss is due to one time impairment lost. coming QR will show profit.

Ken Tang

80 posts

Posted by Ken Tang > 2019-04-09 10:02 | Report Abuse

next qr not necessarily will be good as not sure which project cause the overrun costs and whether the particular projects are resumed.

Posted by Heavenly PUNTER > 2019-04-09 10:03 | Report Abuse

Hi Ken Tang, last QR mostly cost overrun because of steel price rising to a high of 4800 Yuan / Metric Tonnes... Recently for the Q3FY19, the steel price dropped 17% (very sharp drop), so I expect the chances of cost overrun to be approximately 5% only... Cement prices also fell a lot for this coming QR...

Posted by Heavenly PUNTER > 2019-04-09 10:06 | Report Abuse

There's a 5% chance Ken Tang might be right! Because I don't work there so yeah!

Melady

134 posts

Posted by Melady > 2019-04-09 10:07 | Report Abuse

@punter, thanks your info

Posted by Heavenly PUNTER > 2019-04-09 10:11 | Report Abuse

Sure just monitor the next QR closely! It will be out in 1 months +

Ken Tang

80 posts

Posted by Ken Tang > 2019-04-09 10:20 | Report Abuse

where do u find that the cost overrun is due to steel price and cement price....@@
According to the qr notes, under section "review of performance", it was clearly stated that the cost overrun in 2 parts. 18.5 million losses due to delay and idling costs of 2 infrastructure projects and 15.4 million in property development. (reason not mentioned for property development)
my point is we still have no idea whether the idling costs problem being sorted out, and of course the property development, we dont have much info why the costs increase so much. maybe u r right about material costs.
but still have one infrastructure thing to bear in mind

Daily8

3,858 posts

Posted by Daily8 > 2019-04-09 10:40 | Report Abuse

Heavenly punter, construction is at the lowest point and you are netry at the lowest price of econbhd. so, the risk is lesser for now.

Daily8

3,858 posts

Posted by Daily8 > 2019-04-09 10:41 | Report Abuse

60 touched. Congrats. stay on for the next break out.

Bigbull99

1,104 posts

Posted by Bigbull99 > 2019-04-09 10:41 | Report Abuse

BOOOMMMMMMMMMMMMMMM!!!!

Js

97 posts

Posted by Js > 2019-04-09 10:42 | Report Abuse

Once pecah 0.6 - wow just stay on the ride baby. long way to go to end of this month to announce ECRL

adamsmith

338 posts

Posted by adamsmith > 2019-04-09 10:42 | Report Abuse

1st resistance 0.625

Posted by Heavenly PUNTER > 2019-04-09 10:42 | Report Abuse

Okay I say first PUNTER 2 weeks TP reached, anything after this don't shoot me oh, but I'll hold don't worry, looking forward toto 2020

Posted by Heavenly PUNTER > 2019-04-09 10:45 | Report Abuse

Yeap Ken Tang you're right, there's three parts to the most recent QR, don't forget the trade impairment too. You are right about the idling costs, but their contracts pipleline still worth 1billion ++ they can easily divert their machineries for other projects, but I can't be 100% sure, only 95%. Thanks for your input!

Melady

134 posts

Posted by Melady > 2019-04-09 10:45 | Report Abuse

I support u

Daily8

3,858 posts

Posted by Daily8 > 2019-04-09 10:45 | Report Abuse

Im holding longer too. Looking at 95 cents. Not too much to ask for right?

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