luckaje

still no update pn17...wait cny only laa

2 months ago

6stars

This month end will announce QR.
If QR good, expect price to rise

2 months ago

goodgain

A lot of RPT contract. Obviously will show good profit.

2 months ago

jack2

if can get 5M profit would be good

2 months ago

luckyman

The price action seems to resume its up trending. Hopefully it would announce some job wins before its latest quarterly earnings announcement.

2 months ago

jack2

lets break 50

2 months ago

soonning65

Nxt week q4 result will be out?

2 months ago

durian1

hmm

1 month ago

soonning65

If its qr is green, then it will break 40 cents 😊

1 month ago

luckyman

https://www.thestar.com.my/news/nation/2024/02/22/sp-predicts-9-rebound-in-ringgit-by-end-2024
Hence, the economy outlook should be decent and good.

1 month ago

6stars

QR report looks decent with gross profit of 6.378mil👍

1 month ago

silentWolf

Order book 644mil, based on existing qtr revenue, can tahan 10 qtr d lo

1 month ago

silentWolf

slow and steady grow company

1 month ago

luckyman

Some profit could have been deferred to next quarter earning reporting which is the first quarter for FY2024. Likely the company would report at least RM40m net profit for 2024 in order to bring it to next level of growth. Otherwise, a new CEO will be appointed to chart the new growth for the company.

1 month ago

soonning65

Nice Q4 result. Soon it will break thru 40 cents

1 month ago

luckyman

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=144767&name=EA_GA_ATTACHMENTS

The company has been reporting profits for the last 5 quarters. It's entirely up to the regulatory authorities when to grant the approval for the company exiting the PN17 classification.

1 month ago

Kinos

Good announcement coming……. Can buy some

1 month ago

soonning65

Probably Epicon will be out of PN17 within this year

1 month ago

luckyman

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3401142
Just for info, AAX was uplifted from PN17 without the need of implementing of a regularization plan....
https://theedgemalaysia.com/node/690869

1 month ago

luckyman

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3428774
Good news!
Just sit tight and wait for the declassification of PN17.

1 month ago

6stars

Tomorrow price up👍

1 month ago

luckyman

Hopefully research houses would start covering and promoting this counter once it has been granted approval to exit PN17 classification. It needs to go limit up in order to attract attention from research houses.

Exiting PN17 classification will enable it to get bank loans more easily to undertake more sizable jobs.

1 month ago

6stars

I think will head further north next week with such high volume today

1 month ago

soonning65

@luckyman. If one Company no longer triggers any prescribed criteria under Paragraph 2.1 of Practice Note 17 of the Listing Requirement, it's automatically out of PN17 category?

1 month ago

monreyes

Application to exit submitted on the 6/3..hope can approve fast

1 month ago

luckyman

Just wondering if all the sellers in the past one week are aware of the impending the exit of PN17 classification for Epicon in the near future.

1 month ago

soonning65

I guess typical operation by traders, sell on good news ..

4 weeks ago

luckyman

It has bagged another job order worth RM191 mil. Hopefully there's more to come before the declassification of PN17. That will help drive the share price to above RM1 upon declassification.

4 weeks ago

soonning65

Now its heading towards 1-year high 🤗

3 weeks ago

6stars

Won another contract from Maju Perak worth rm89 million 👍

3 weeks ago

luckyman

The 30-month Contract is expected to contribute positively to the earnings of the Company for the financial years ending 31 December 2024 and onwards.

Upon the awarding of this new Contract, the Company's total outstanding order book has risen to RM929 million from the previously stated RM840 million in the announcement made on 18 March 2024.

3 weeks ago

luckyman

Epicon could be the next Binastra in the making... as it is estimated that Epicon would have job orders worth close to RM1.4bil too upon the finalization of the detailed JV terms with Permodalan Negeri Selangor Berhad.

Epicon's current market capitalization is RM262m only while Binastra's market capitalization is RM760m with RM1.4bil job orders in hand.

https://theedgemalaysia.com/node/705889

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=143196&name=EA_GA_ATTACHMENTS
The Gross Development Value of the proposed project could be at least RM563 mil as the selling price of the 2,252 units of Rumah Idaman MBI should start at RM250,000 per unit. So, this will likely translate into a potential job order of at least RM450m for Epicon upon finalization of the detailed terms & conditions for the project.

3 weeks ago

soonning65

dnt forget Epicon also obtained RM89mil Perak building contract recently
https://www.thestar.com.my/business/business-news/2024/03/22/epicon-wins-rm89mil-perak-building-contract

3 weeks ago

thisistheway

All this infos already known if you follow news...question is when moon? Lol...PN17 need to uplift first

3 weeks ago

thisistheway

LBS Bina order book is only RM1.2 Bil at 0.735....ready for raya?

2 weeks ago

luckyman

The company submitted its application to Bursa on 6 Mar 2024 to request for upliftment of its PN17 classification. Hopefully, Bursa would announce its decision right after the company announcing its first quarterly earnings by 31 May 2024. Meanwhile, let's pray for more job orders being procured.

2 weeks ago

thisistheway

Ya apply to uplift is one, Bursa also need to see the next qtr financial results b4 decide...

2 weeks ago

jack2

with order book of 930M, profit each quarter around RM5M

2 weeks ago

goodgain

Jack2, very low profit margin???

2 weeks ago

thisistheway

For a main contractor, is already good if their margin is close to 10% of revenue...thats normal and ideal range...furthermore most of the contracts are recent so like any development will take 2-4 yrs to complete depending on the scale of the works...

1 week ago

Gentingbig

with the order book of 930 million and forecasted revenue of 10 percent , its a sure win for bursa to declare epicon cancer free and can check out of the hospital (pn17 uplift) i have been buying epicon since this counter (ktb) in coma at the ICU room. after months of living in the normal ward and awaiting doctor to declare epicon as a cancer free counter then we will be laughing all the way to our bank

1 week ago

goodgain

PE ratio for construction sector ranging around 12.0.

The company need 60m profit per year to stand a chance for the price to hit rm1.00 and above.

Lagenda has even more potential and proven track record than this counter.

1 week ago

thisistheway

if didnt go down below 0.465 tmrw got chance to rally

1 week ago

Gentingbig

no doubt Lagenda ihas more potential but then what is the point as one can only look out for their dividend as the Doh brothers are not the goreng goreng kaki .

1 week ago

luckyman

https://theedgemalaysia.com/node/707155
Contractors should seize the opportunity to obtain various construction projects within the country worth approximately RM180 billion this year...

1 week ago

soonning65

Hit 52-week high next week?

1 week ago

luckyman

There are simply too many sellers for the last one month. The plus side is that the whales are still collecting....Otherwise, the price would not have sustained thus far...

5 days ago

6stars

When its pn17 declassification is approved, it will shoot up, for sure. Won’t be too long from from now.

4 days ago

soonning65

It seems that we need to wait for the war to subside before it can break through 50 cents

9 hours ago

Gentingbig

yes its just our luck really shithouse internally & externally .

6 hours ago