JL's Stock Picks and Coverages

IWCity and Ekovest to MERGE?

Callmejholow
Publish date: Tue, 11 Jun 2019, 10:12 AM
I will share some info and coverage on some stocks whom I think deserves more shoutouts!

Here are some recent news involving the two counters - IWCity and Ekovest

 

IWCity, Ekovest say not involved in reinstated Bandar Malaysia project
 

Ekovest 3Q profit surges 72% on construction segment improvement

Ekovest transaction raises questions

 

On 10 June 2019, we have seen a breakout with high volume on both EKOVEST (8877) and IWCITY(1589). Both the stocks have been consolidating since rising on April 22. 

 

But last I heard... the most interesting rumour that has come out is this...

 

IWCity and EKOVEST TO MERGE!!!

Is this possible???

Discussions
2 people like this. Showing 3 of 3 comments

Simon73

If rumour true, what is TP for both?

2019-06-11 13:38

LogicTradingAnalysis

nothing new about that, they try to merge before.

2019-06-11 20:46

RainT

then failed

2019-06-11 23:31

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