EKOVEST (8877) - Stock Discussion

Still can't get to 0.38. Next week back down then back up & down again.

2 weeks ago

Shines

@turbochart, you mean eko will be under 8.03A?

1 week ago

This situpid theyoungman stuck 53 sen since FEB 2024 , daily ask buy on dep , du bodddoh punya org kah ?
Bad fundamental , no new contract , no new order book , loss continuely 3 QR = 1.2 bil
Parria stock ,u ask ppl buy on deeep , u brain crash kah ? U go Holland enough , u ask ppl follow u go Holland , u
Betul betul black heart wanna trap ppl kah ?
Du cakap buy on deep gamuda , Suncon , Sunway , IJM ,
Du pandai ,but u ask ppl buy on deep this parria stock
No read fundamental , no future growth profit , no new contract ,no new order book
Situpid theyoungman ask ppl buy on deep ? 50 sen buy on dep
45 sen buy on deep , 43 buy on deep ,40 sen buy , 38 sen buy on deep
Du situpid kah ?

1 week ago

What u know this parria stock , only know buy on deep , be a smart investor , not a situpid investor like this theyoungman , daily buy on deep . Which ppl teach u ?average down BUY ?
Average down BUY is situpid method in stock market

1 week ago

Only this situpid guy theyoungman average down buy , no go up his price 55 sen above ,forever his would ‘ t SELL , he think avarage down buy , gurantee 100 Percent will earn big money until END , if no SELL
Situpid u every time apply average buy in stock market

1 week ago

ExecutionTrade

Did Ekovest fulfil any categories of PN17?
https://www.klmanagement.com.my/corporate-advisory/pn17-listed-companies-in-financial-distress/#:~:text=PN17%20stands%20for%20Practice%20Note,that%20are%20in%20financial%20distress.

1 week ago

Jonathan Keung

Average down is a good option if you are prepared to hold for long term { 3 years or more } . Stock wise & fundamentals pick ones that have solid businesses growth or positive cash flows. Ekovest after exciting their profitable construction and merging the group with their controlling shareholder as a property investment holdings. Plantation , durian farm , property, highways and minority shares stake in sister companies may required more gestation period tagline

1 week ago

So many contact and land bank and assets with NTA 77cts, yet the most underperforming stock todate in KLSE …only Botak knows …

1 week ago

SHChin888

Ekovest got 1 stalled development near Jalan Pahang that is collecting sampah for years.

1 week ago

Botak is not straight but crooked in trading…One can make more money from crooks..

1 week ago

Sue1234

Why

1 week ago

Run to buy or sell ?

1 week ago

IWCity PN17 uplifted anytime…

1 week ago

Apple2353

Didn't know IWCity is PN17. are you sure or not ?

1 week ago

Sue1234

collect on weakness

1 week ago

This is old news, note dated 10/6/2022 !!!

1 week ago

stncws

news is good, maybe now starting

1 week ago

Like I have posted before. This stock has a price range of 0.36 to 0.38 week in / week out (up/down/up/down). Need to get out of that cycle.

1 week ago

laulau

Recap!

What we know so far on IWCity & Ekovest In Summary:

IWCity is only a Paragraph 8.03A affected listed issuer. The property developer stressed that it is not a Practice Note 17 (PN17) company.

Paragraph 8.03A refers to a listed corporation whose assets on a consolidated basis consist of 70% or more of cash or short-term investments, or a combination of both.

Ekovest as a White Knight for IWCity, will benefit from the proposed merger, to access to IWCity's 70% or more cash or short-term investments & 1000 acres landbank in Johor to benefit from JSEZ Theme Play coming soon?

EKOVEST still has
# A large outstanding amount for construction projects (Contract Assets to be monetized) RM114 Million,
# Progress of RTS project has made a positive contribution to revenue (Revenue during the reporting period was RM638.873 Million, a significant increase of 21% compared to last year's RM526.988 Million),
# Highway revenue has been negatively affected by non-receipt of the expected road compensation payment of RM64.0 Million in 2023. This compensation of RM64 Million due from Government may be received once allocated in the coming Budget 2024/2025?.
# Meantime Ekovest sold 17 parcels of land in KL (Jalan Pahang land) to LKH & Airman to cover its current Cashflow with cash proceeds of RM66.8M + RM9.82M = RM76.62 Million, to be recognised in the next Qtr.
# Ekovest is highly shorted with Net Short Position of RM58.25 Million (1.96%) on 29/8. If not enough Volume/Seller at lower price Sold by Operator (i.e. 36~36.5
sen) for RM58.25 Million worth of borrowed shares in next few trading sessions, Operator will have to Buy at higher price than 36~36.5 sen to cover back these Short Position. That's why Operator Agents are working very hard to scare uninformed Retailers to Sell cheaper?

According to the information in EKOVEST’s latest financial report, the following are the specific situations regarding the outstanding construction funds, RTS project revenue and the decrease in highway revenue:

#Outstanding construction balances:
- The total outstanding amount (Contract Assets) of the construction segment is approximately RM113.421 million.

#RTS project income:
The progress of the RTS Link project has significantly increased the revenue of the construction segment this financial year. Revenue during the reporting period was RM638.873 million, a significant increase compared to last year's RM526.988 million.

#Reduction in highway revenue:
The decrease in highway revenue is mainly due to the non-receipt of the expected road compensation payment of RM64.0 million in 2023. In addition, the toll rate adjustment on the Duke 1 & 2 Expressway from January 1, 2024 has not yet been confirmed, further affecting revenue.

1 week ago

If Budget 2005 does not push Ekovest to above 40cts….then it is not a good Budget for the investors at all

1 week ago

theyoungman

R U Ready? 😍😍😍

1 week ago

sailang_now

Morning guys!
Already bought tickets for the show. Construction & Property stocks will be a beneficiary of Budget today!...tut tut

1 week ago

This situpid say buy on dep , average down buy gurmantee win big money , 53 sen buy ,50 sen buy , 48 sen buy , 45 sen buy . So situpid u thyoungman , stuck , du situpid punya , wa beli PBB ,2 day already earn 3k cabut ,better tthan this situpid theyoungman buy on deep , boddodh punya org ,stuck high price

1 week ago

theyoungman

R U READY?
Slowly but surely.
Below 0.38 is multiple years low price range. Don't & NEVER expect this bb to drop to below 0.20. 😍😍❤️❤️

1 week ago

Lewis Lee

R U READY ? = Ready for conman to con you again ?? 😂

1 week ago

Budget looks like not able to benefit Ekovest much….

1 week ago

Budget benefit TNB , but this situpid guy thyoungman say buy on deep , no new contract , no new order book on year 2023 n 2024 , loss 3 QR = 1.2 bil , this situpid say gurantee sure up his price 53 sen , don’t worry , bad fundamental stock ,gurantee up 1 day , u all follow , gurantee up , average down buy ,faster buy on deep

1 week ago

turbochart

Iwcity PN17 Anytime . becareful. Don't forget 3killer from 1boss i.e. YNHprop + Imaspro + Rapid burn together. Take care. +Pertama Digital, all above Limit down 4times!!

5 days ago

40cts TP today by Operators possible or not ?

4 days ago

PN17 waiver rejected but RP extended another 6 months….still got hope..hahaha

4 days ago

Down again. Same old story up/down/up down.

4 days ago

Renetering Ekovest, hold till Jan'24 exercise.

4 days ago

Whatever happened to this project? Isn't Ekovest the King of cancellations

https://www.nst.com.my/business/2017/07/258663/ekovest-banking-river-life-project

4 days ago

turbochart

Iwcity suspended tomorrow?

4 days ago

Over sold by Shorties…hope for buy back soon..

3 days ago

VincentTang

Banker will press down the Ekovest before call warrant expired this week. Actually got another call warrant C55 will expire on 11 Nov 24.

3 days ago

laulau

Yes! Macquarie CW last day of trading on 7 Nov. While Affin CW expired on 21 Oct. There could be a sudden surge in Ekovest mother share price as IBs will be promoting their new CWs to Market! Exercise price ranges from 0.5 to 0.60 for majority of new CWs. Accumulate on current weakness and wait for the Pump!

1. EKOVEST-C55: CW EKOVEST BERHAD (MACQ) by Macquarie IB

Instrument Category Structured Warrants
Instrument Type CALL WARRANTS
Type Of Expiry Expiry/Maturity of the securities
Exercise/ Strike/ Conversion Price Malaysian Ringgit (MYR) 0.4800
Exercise/ Conversion Ratio 1.7:1
Settlement Type / Convertible into Cash
Last Date & Time of Trading 07 Nov 2024 05:00 PM

2. EKOVEST-C54: CW EKOVEST BERHAD (AFFIN) by Affin IB

Instrument Category Structured Warrants
Instrument Type CALL WARRANTS
Type Of Expiry Expiry/Maturity of the securities
Exercise/ Strike/ Conversion Price Malaysian Ringgit (MYR) 0.4800
Exercise/ Conversion Ratio 2 : 1
Settlement Type / Convertible into Cash
Last Date & Time of Trading 21 Oct 2024 05:00 PM

2 days ago

Parria stock easy predict movement ,go n see IWCITY ,,IWCITY no move whole year , this parria stock gurantee 100 % cannot move,
Nothing effect CW , forget CW , CW cannot affect pariia stock price
Du daily monitor IWCITY enough
Only IWCITY can affect this pariiaa stock price movement

2 days ago

19 / 9 / 24 , IWCITY pi 67.5 sen ,
This parria stock only 40.5 sen
IWCITY up ,this parria only follow , it a guard dog stock,

2 days ago

laulau

It's now a waiting game. Shorties can't make money if there's no volume. That's why Ekovest is no longer Shorties flavour of the day. IBs will pump sooner or later to promote sales of the new CWs, otherwise no income? Accumulate on any Weakness before the next positive wave.

2 days ago

Accumulate good fundamental stock ,no this parria stock ,good fundamental stock a. Lot ,
Suncon plunge to 3.70 last month ,now 4.70 ,Spsetia plunge RM 1 ,now 1.45,
Bad fundamntal stock ,uselss ,rubbish ,wasting time

2 days ago

ExecutionTrade

We can see you were deeply hurt by Ekovest, Johnchew123. ha

1 day ago

Ekovest is indeed fundamentally very sound. Only if LKH does not cancel his proposal tho. Once cancelled, value will always be value, trapped lol

1 day ago

Be a contrarian investors for Ekovest..it is worth the Gamble…

14 hours ago

turbochart

Run!! Iwcity suspended soon

12 hours ago