Posted by TreeTopView > 2021-03-31 18:18 | Report Abuse

If anyone has any idea what's going on with this stock then please let me know, as I'm all out of ideas!
The only time it behaved in the expected chart pattern was the move from 46 to 53.5 and since then no matter how the chart potential looked for a move up, it seemed to get held back. My initial thoughts were accumulation but I'm starting to even dismiss that idea.

And today, with the opportunity for any manipulators to smash it down an easy 5% or even 10% while the market was getting slammed, it ends unchanged for the day!!

Even EPF are buying scraps in here to add to their current 119.5 million shareholding. What am I missing here?

* goes back to banging head against the wall*

Posted by Sunshine123 > 2021-03-31 18:27 | Report Abuse

Don't stop your chart reading on Econbhd. I look forward to reading your reports, predictions and interpretations. Let's just say today doesn't count as almost all counters were in the red.

Posted by TreeTopView > 2021-03-31 18:32 | Report Abuse

Hi Sunshine......but why did this one end unchanged for the day when the market was getting smashed?....lol
It's still respecting the 47/47.5 level by closing at 48, for now anyway.

Let's hope one day it rewards us and we can celebrate, until then we'll just have to hope that Joyce bakes a cake :)

Posted by Joyce Lee > 2021-03-31 18:33 | Report Abuse

Treetop i think econ is having someone to hold the price, as u can see today market is very weak due to uncertainties of political , and also looking at other countries index all dropping , but anyhow econbhd can still stay yellow

Posted by Godofgambler > 2021-04-03 20:10 | Report Abuse

Next week fly
Tp0.80

Posted by TreeTopView > 2021-04-04 13:08 | Report Abuse

Godo seems to have a plentiful supply of kool-aid :)

This cake needs one more ingredient for it to rise in the oven......Volume.

Posted by Joyce Lee > 2021-04-04 13:28 | Report Abuse

Godo im so glad u come back tis counter n comment !
Godo treetop sunshine, let us be patient to bake the cake for econ :)

Posted by TreeTopView > 2021-04-04 13:30 | Report Abuse

Joyce, I thought you said YOU were going to bake us a cake and invite us.
Surely I didn't dream that?

Posted by Sunshine123 > 2021-04-04 14:16 | Report Abuse

Lol! I think you did dream that. Joyce wants Econbhd to help her to buy diamonds, but you've always wanted her to bake a cake.... to celebrate, of course.

Posted by Godofgambler > 2021-04-05 09:13 | Report Abuse

Tp0.80 for econberhad.. Is not a dream

Posted by Sunshine123 > 2021-04-05 09:27 | Report Abuse

Econbhd is finally moving up! 55 today?

Posted by Godofgambler > 2021-04-05 17:39 | Report Abuse

Tp0.80 don't forget...
Don't give up

Posted by investortrader88 > 2021-04-06 08:04 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/04/06/all-aboard-the-construction-sector

Posted by investortrader88 > 2021-04-06 08:06 | Report Abuse

https://www.thestar.com.my/business/2021/04/05/malaysia-accepts-14-cost-increase-in-china-led-rail-project-taking-longer-route

Posted by TreeTopView > 2021-04-07 15:37 | Report Abuse

Technically, a better chance of this puppy moving up now that Monday's gap has been closed today.

Although, Monday's little price and volume spike with the gap has messed up the chart short term. I preferred the look of the chart more at last Friday's close.

Posted by Sunshine123 > 2021-04-07 15:47 | Report Abuse

Thank you for your views TreeTopView ... although the price will probably move up now is probably my most accurate interpretation of your anslysis.

Posted by TreeTopView > 2021-04-07 16:11 | Report Abuse

Sunny, what does it need? Let's see if you have been paying attention in class :)

Posted by Sunshine123 > 2021-04-07 16:24 | Report Abuse

You said "volume." So let's hope there will those BI's buying in. Retailers by themselves will not be able to pump up the volume.

Posted by TreeTopView > 2021-04-07 16:31 | Report Abuse

Well done, you can put one gold star in your exercise book :)

Posted by Sunshine123 > 2021-04-07 16:44 | Report Abuse

Ha! Ha! Thanks. You explain things very well, but lack of technical knowledge does get in the way of full understanding for someone who has not learnt TA.

Posted by TreeTopView > 2021-04-24 09:47 | Report Abuse

There is not much I can disagree with in regards to Kenaga;s latest technical offering.......https://klse.i3investor.com/blogs/kenangaresearch/2021-04-22-story-h1564079263-Daily_technical_highlights_ndash_ECONBHD_UMW.jsp

The price has been able to remain above the 47/47.5 support level for quite some time now but really needs to take on the 50 cent price point. It obviously hasn't happened yet but I'm still waiting in anticipation. The current overall market/ Covid situation hasn't helped the cause but I still believe it should eventually happen.

Best of luck.

Posted by TreeTopView > 2021-04-26 18:14 | Report Abuse

There goes the 47/47.5 support.

Posted by Melissa2 > 2021-04-28 15:34 | Report Abuse

drop more so can sapu more.hehehe

Posted by Sunshine123 > 2021-04-28 15:40 | Report Abuse

No, don't drop anymore. Am tired of the long, long wait. Time for the price to teally move up. I hope.

Posted by Melissa2 > 2021-04-28 16:32 | Report Abuse

not too sure but i think construction sector still need to wait right?

Posted by TreeTopView > 2021-04-29 10:23 | Report Abuse

Melissa, they will be chasing large civil projects, so hopefully they will get some of the major government incentive mega projects that have been announced.
The Cambodia project they secured late last year should also be due for a start in the very near future. That project was for a 30 month time scale for a total of Rm347 Million, so over 8 quarters it should add an average of Rm43 million per quarter to their revenue figures.

Posted by Melissa2 > 2021-04-30 09:04 | Report Abuse

TreeTopView Thank you for your good information!

Posted by TreeTopView > 2021-05-01 08:27 | Report Abuse

No problems, Melissa.
Patience is the key in this current market environment, as there is a total lack of confidence and commitment from the buyers of many stocks. Most price rises get hit with plenty of sellers happy to take the cash for now. I'd like to see the Bursa eventually move to at least a minimum of 1630 and remain above that level, then we might see more interest from buyers of stocks. With Covid numbers rising daily here, it's hard to know when that will happen. Add the political shambles to the mix and it's no wonder that we are in this current mode.

My tip.....open a bottle of wine and enjoy each day until a change comes :)

Posted by Bgt 9963 > 2021-05-01 08:55 |

Post removed.Why?

Posted by JK22 > 2021-05-18 20:17 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3157606

Posted by Godofgambler > 2021-05-18 23:34 | Report Abuse

Trust me econ berhad will reach Rm1.00
Is matter of time

Posted by Winner_Master > 2021-05-19 19:39 | Report Abuse

Today seen a bit panic selling. Full lockdown or not really impact the stock price having correction. Anyhow, will foreseen stock price can back to 0.46 if no further full lockdown.

Posted by Winner_Master > 2021-05-19 19:40 | Report Abuse

Back to 0.46 by this week

Posted by Sunshine123 > 2021-05-19 20:28 | Report Abuse

How about 0.48 - 0.50? Likely by the end of the week?

Posted by Winner_Master > 2021-05-19 20:58 | Report Abuse

Tomorrow is very critical for the price movement. If price cannot sustain and drop further below 0.43. Then next downtrend to 0.39. If price can stay above 0.44,then next rising point will able to reach 0.45-0.47 this week, unless big volume buying to push price higher. But quite difficult to see big volume buying unless Econ QR record big profit.

Posted by JK22 > 2021-05-20 21:32 | Report Abuse

Drop give chance to collect
+++++++++++++++++
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3158185

Posted by TreeTopView > 2021-05-21 08:22 | Report Abuse

Econpile secures their second contract in a week, with this latest one for Rm64 Million and a RM27 Million earlier in the week.
It probably wont do much for the share price in this current market mode but it's good to see them picking up significant projects.
The Rm340 Million+ Cambodian project is estimated to start adding to their financials commencing in July and run for 8 quarters.

Posted by Burdoc > 2021-05-30 09:30 | Report Abuse

Need to wait 2012 or 2013? Seriously....

Posted by Sunshine123 > 2021-05-30 10:31 | Report Abuse

You mean 2022 or 2023? Probably not. But true, it has been frustrating holding on to this stock.

Posted by RainT > 2021-05-30 22:47 | Report Abuse

buy

,

Posted by Hangpa1993 > 2021-06-03 17:16 |

Post removed.Why?

Posted by Hangpa1993 > 2021-06-03 17:17 |

Post removed.Why?

Posted by Hangpa1993 > 2021-06-03 17:18 |

Post removed.Why?

Posted by sd99 > 2021-06-04 00:43 | Report Abuse

Lu gila kah

Posted by ericlee9889 > 2021-06-04 22:11 | Report Abuse

Wahh. Mengapa all sudah hilang komen?

Posted by sd99 > 2021-06-05 00:48 | Report Abuse

Talkin to themselves perhaps...

Posted by Sylviamei > 2021-06-06 11:50 | Report Abuse

maybe writing something sensitive perhaps i3 admin remove it.

Posted by Godofgambler > 2021-06-07 20:49 | Report Abuse

Please hold till econberhard rise above Rm1.00

Posted by sd99 > 2021-06-07 23:22 | Report Abuse

It will some time laa to rm1...
Once msia fully opens and all construction back on track price will appreciate.. but i dont think so soooon .. im stuck here too

Posted by Sylviamei > 2021-06-08 12:12 | Report Abuse

Godofgambler, i noticed u always say RM1 . Haha.