ECONPILE HOLDINGS BHD

KLSE (MYR): ECONBHD (5253)

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Last Price

0.415

Today's Change

+0.025 (6.41%)

Day's Change

0.38 - 0.42

Trading Volume

9,042,300


14 people like this.

11,505 comment(s). Last comment by cicakman 1 week ago

tamp0i

912 posts

Posted by tamp0i > 2020-12-03 16:46 | Report Abuse

Sudah safe keeping since 0.36 mah... Kekekekeke

Buduilu

26 posts

Posted by Buduilu > 2020-12-03 16:46 | Report Abuse

Heard that recently this company get new project but not yet announced, my tp is rm1

CalvinKang

141 posts

Posted by CalvinKang > 2020-12-03 21:05 | Report Abuse

momentum is strong, wind blowing construction theme now. tomorrow continue rallies. :p

Godofgambler

5,307 posts

Posted by Godofgambler > 2020-12-03 22:05 | Report Abuse

Just relax...
It will hit Rm1 very soon

sd99

805 posts

Posted by sd99 > 2020-12-03 23:21 | Report Abuse

Looking at this momentum hopefully they announce the damm cambodia job soon.. sweetener

Superb99

6,598 posts

Posted by Superb99 > 2020-12-04 00:30 | Report Abuse

RM1...wa...if hit then really huat...lol

chhn461

279 posts

Posted by chhn461 > 2020-12-04 02:40 | Report Abuse

First of all, you need to check the recent buying volume on YTL on the preceding days of msci and after.

Funds love to buy stocks with a theme when a disguising scenario presents itself, ie. msci

Do you think funds could have bought without moving the price on a regular day? And more importantly why do you think they willingly absorb it if it's a lousy share with no good story to run on for the next year riding on stocks with economic recovery theme.

So why do funds buy YTL in the first place? Two words, HSR and cement.

Do you know that YTL has 70% monopoly on cement after buying out their competition? And cement prices have been running up since 2019. As you well know construction work can take years, there will be a long runaway for YTL to profit from selling cement alone - 1 bil profit just from cement, understand that.

Last it had 1 bil profit, it was trading north of 1.5. And that's just from cement, how about the construction contracts?

You should also know that as they were previously handling the HSR projects, they have on their hands very useful logistics data to cut HUGE costs on the HSR project. Do you think the gov would want to waste unnecessarily on this project? Certainly not.

Moving on, with the new tendering, there has been realignment of the tracks, and as you well know YTL is part owner of ERL which connects to KLIA, and HSR will be integrated with KLIA. So can you imagine YTL not benefiting?

The economy moving on will be very bullish on construction companies due to dire need to stimulate and jump-start the economy. The best proxy to construction theme is YTL.

tdlr: Just buy YTL for a easy two bagger in one year.

Repost on YTL thread

JK22

1,789 posts

Posted by JK22 > 2020-12-04 10:13 | Report Abuse

Apa macam hari ini?

Posted by PennyStock123 > 2020-12-04 10:17 | Report Abuse

Econbhd wake up orady...

Dorothyi3

60 posts

Posted by Dorothyi3 > 2020-12-04 11:35 | Report Abuse

resting now

Superb99

6,598 posts

Posted by Superb99 > 2020-12-04 11:36 | Report Abuse

0.51...cheap sales..retracement only, gambateh!

sd99

805 posts

Posted by sd99 > 2020-12-04 11:47 | Report Abuse

today friday lei... wont up, all wana take profit 1st..

Superb99

6,598 posts

Posted by Superb99 > 2020-12-04 20:38 | Report Abuse

If close below 0.51 then have to cabut lo

Posted by Sunshine123 > 2020-12-04 20:43 | Report Abuse

If it goes below 51 sen, buy more. 60 sen is the price it will go to.

sd99

805 posts

Posted by sd99 > 2020-12-04 21:57 | Report Abuse

-@Sunshine you are 100% right...

Superb99

6,598 posts

Posted by Superb99 > 2020-12-05 01:02 | Report Abuse

I also hope it can go to 60sen...lol

Posted by Moneyfind44 > 2020-12-06 09:43 | Report Abuse

I wait at 0.48..

sd99

805 posts

Posted by sd99 > 2020-12-06 14:59 | Report Abuse

I doubt it will drop back below .50 cents... so good luck Moneyfind44

Superb99

6,598 posts

Posted by Superb99 > 2020-12-07 09:34 | Report Abuse

Looks like a bit high, hard to move on

Posted by PennyStock123 > 2020-12-07 15:36 | Report Abuse

Nice

Posted by Sunshine123 > 2020-12-07 15:38 | Report Abuse

A fairly big jump today. Hope 60 sen comes sooner than I expect.

Dorothyi3

60 posts

Posted by Dorothyi3 > 2020-12-07 15:39 | Report Abuse

engine start again.

JK22

1,789 posts

Posted by JK22 > 2020-12-07 16:07 | Report Abuse

who kena e con , sell 0.50

tiknuhc

69 posts

Posted by tiknuhc > 2020-12-07 17:12 | Report Abuse

good closing today. once we breach 0.545 resistance, then we should be able to see 0.6

Superb99

6,598 posts

Posted by Superb99 > 2020-12-07 17:26 | Report Abuse

It tried to break 0.545 but failed again, it is a strong resistance

PTL4Ever

99 posts

Posted by PTL4Ever > 2020-12-07 21:12 | Report Abuse

Tomorrow try again, come on you can do it

tamp0i

912 posts

Posted by tamp0i > 2020-12-07 21:13 | Report Abuse

This one easily above 60 cents when market sentiments are good. I see no reason to sell unless you've been forced to... Hold!

sd99

805 posts

Posted by sd99 > 2020-12-07 22:59 | Report Abuse

Don't sell and regret.. they have not announced their big project yet at cambodia. With that it should go back to its glory day 80cents at least.. hold if you can!

TreeTopView

1,352 posts

Posted by TreeTopView > 2020-12-08 10:37 | Report Abuse

I have Fibonacci targets of 58.5, followed by 61.5.

If we can match or surpass yesterday's volume, we could be on the way to the first target point, IMO.

TreeTopView

1,352 posts

Posted by TreeTopView > 2020-12-08 11:45 | Report Abuse

Looking good so far.

Chart clearly showing higher highs and higher lows from October 30.

tiknuhc

69 posts

Posted by tiknuhc > 2020-12-08 11:58 | Report Abuse

yup yup slowly but surely moving up.

Godofgambler

5,307 posts

Posted by Godofgambler > 2020-12-08 12:52 | Report Abuse

Tp0.80 VERY SOON

Superb99

6,598 posts

Posted by Superb99 > 2020-12-08 15:26 | Report Abuse

Hello...now only 0.54, may back to square

tiknuhc

69 posts

Posted by tiknuhc > 2020-12-08 16:12 | Report Abuse

lol back to 0.54. someone tp go buy glove stocks

Superb99

6,598 posts

Posted by Superb99 > 2020-12-08 16:16 | Report Abuse

Not enough momentum, up a bit also cant sustain

Superb99

6,598 posts

Posted by Superb99 > 2020-12-08 16:59 | Report Abuse

Very high selling pressure today, closed in red

TreeTopView

1,352 posts

Posted by TreeTopView > 2020-12-08 18:44 | Report Abuse

A very weird last 15 minutes of trading today.
Not sure if it was a case of the price falling or getting pushed down. At one stage, there was very little volume on the sell side for the next 4 levels up.

Tomorrow's another day, let's see what happens. Fibonacci targets remain the same, 58.5 and 61.5, with the uptrend still in place from October 30.

sd99

805 posts

Posted by sd99 > 2020-12-08 23:39 | Report Abuse

Same trend as before...before rocketing up. lets see

Posted by PennyStock123 > 2020-12-09 10:18 | Report Abuse

Take ur time Econbhd....there is no rush....

Daily88

152 posts

Posted by Daily88 > 2020-12-09 11:21 | Report Abuse

Eonbhd need to break 56 then can fly all the way to 60

sd99

805 posts

Posted by sd99 > 2020-12-09 11:38 | Report Abuse

looks like will break and new highs today..

Posted by Sunshine123 > 2020-12-09 11:52 | Report Abuse

Already 60 now. Will it continue to go up? Or will there be a selldown again later?

Posted by Sunshine123 > 2020-12-09 11:57 | Report Abuse

Sorry, I meant 56 now.

sd99

805 posts

Posted by sd99 > 2020-12-09 11:58 | Report Abuse

if you see previous pattern/trend very similar...up and down within the days before shooting up
someone is like pressing it don't want it to shoot up fast... just my view

Daily88

152 posts

Posted by Daily88 > 2020-12-09 12:40 | Report Abuse

it was very pressed down by EPF if u can see

tiknuhc

69 posts

Posted by tiknuhc > 2020-12-09 14:07 | Report Abuse

i think it's just a shake out to remove all weak sellers before going up.

Daily88

152 posts

Posted by Daily88 > 2020-12-09 14:43 | Report Abuse

stay put to hold. Econbhd can reach 80c

sd99

805 posts

Posted by sd99 > 2020-12-09 15:16 | Report Abuse

Im holding till .80cents at least... if they announce tge cambodia job it will be another booster

Daily88

152 posts

Posted by Daily88 > 2020-12-09 15:27 | Report Abuse

me too, I 'm holding till 90c

Dorothyi3

60 posts

Posted by Dorothyi3 > 2020-12-09 15:28 | Report Abuse

rocket lai liao

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