Totally agreed that Ekovest potential is there. But somehow its management decision on related parties transaction is somewhat view negativity by investment community. this is reflected in it's price. performance. ekovest Bread & butter is construction , tolls , property development & mall management. Stick to it and not side track into others

Punters got burn after BM announcement. T4 back to back on friday

Buy on rumors sell on news

Uob Kay yin expect mid cap to outperform market in 2020. single out defensive stocks and health care as their choice picks. Alliance bank shares was sold down from 4 plus to current level. expectations that their revenue normalised going forward plus attractive yield

TG management expanding their Vietnam & Thailand operations incur more capex . Earnings per share higher 4.36 higher than street expectations. Profit for the quarter increased to 111 .43 million. Capexp on their latest IO 4.0 , Scada system & AI monitoring etc

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Doing civil works on the HSR and BM projects

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lKH has not announced any new development apart from a plan IPO offerings. Guess lKH has it's own plans. After all he is is the biggest shareowner of IWC and Ekovest { both developer and construction outfits } more is expected from this BM project { 140-150 billion value spanning 15-20 years }

CREc { China railway } is a joint developer of BM project. The HSR link with Singapore is part of the revived BM rail project. CREc will be part of the consortium { together with IWC and Ekovest }lobby for the project

revived BM include HSR link stop announced by TDM. Positive for construction stocks like IWC and ekovest

Uob Kay yin recommend healthcare stocks for 2020

Contra players clear position

Malaysia was a laughing stock interns of credibility and governance in the eyes of the world. Our Malaysian market was term as most unlove market in this part of the world.

Open at 95 for today morning start { no unwarranted Bursa query }

Botak has convert 62million warrants into mother shares in July2019. Another 32 Million convert by subsidiary companies. This was done 4 months ago. Botak is really a shrewd old fox when Ekovest was trading at around 82 -85 mark. Botak is not stupid

BM signal China state owned companies coming back to Malaysia after a lull of inactivity after GE 14. The BRi indicates China continued involvement in Malaysia key development. Malaysia need the FDI inflows

2020 is Trump election year. GOP needs to address the mid west agricultural core supporters

150 -160 billion BM project needs massive financing spread over a period of 10 -15 years. All local banks will be the key beneficiaries

BM is another iconic project { that may restart the stale HSR rail link } nothing is impossible if the China state owned company is given the go ahead.

Ekovest top stock hot money chasing

Need to wait for FBM 30 listings. Heavy rebalancing of stock listings by IB holdings. Bank counters got hit too

How to move 16 billion units of share units with hundreds of millions losses accumulated. NTA sum of parts may be higher but only can realised when all assets realized thru the market. Valuation can be subjective depending on the industry outlook and the company future projects ( not forgetting the P & L bottom line }

All commercial banks deposit guarantee by PIDM under BNM. ( Excluding non commercial deposit institution} eg Bank rakyat.
Alliance banking owned by Temasek holdings of Singapore . Top 5 commercial banking group I Malaysia out of the 9 are Maybank, PBB, CIMB , RHb Ana Ambank

Alliance bank very early to write Off all Its exposure to London Biscuits. Hopefully there may be write back after loan recovery

Alliance bank hit by London Biscuits loan default. Londo Biscuits defaulted it's loan repayment from several local banking institution

Owned by Temasek holdings. Did their kitchen sinking { clean up exercise } turn around after last year unexpected hit on their bottom line. Going forward financial ratio expected and should normalised

Sideway trading unless positive newsflow coming. At best range between 76 - 84

Sudden plunge this morning. Any news ?

Ekovest has abundance of cash reserve. Year in year out paid 1sen dividend

Botak is converting warrants into mother shares. He is schemming something

Shareholders spread extracted from their Board

BM, IWH, IW city, PLS ,all related parties controlled by Botak

AGM this morning double tree hilton

Botak is using the accountants jargon

Waiting for PH council announcement new cabinet reshuffle

No. Over price other banking counters offer more opportunities. Just my personal take

EPF is doing their books rebalancing. But if they dont jack up Ambank prices { the portfolio will be hit } year to date plus danger of Ambank replaced at FBM 30 by other components. Ambank is sitting at the bottom of the list

At 4.60 Friday closing TG is down 18% against Dec 31 closing price of 5.60 { no thanks to KWSp heavy sell down previously. of late lim family is buying back TG shares { but is it sufficient } but a point to note KWSp has stopped their selling

Good PH lost massively at the by election. PH needs to buckle up its act and not turned itself into BN 2.0. it's controversial flying car project, khat , TARC { LGE} wothdrwaing grant . 3rd national car, PKR infighting all adds up to people disillusionment. The loss of votes { Malays and non malays is a final call } if they don't need the people voice. PH may ends up 1 term government of the day. Sad but equally true

Quite interesting development s at Ekovest. All we know Botak is aiming big at Ekovest by converting the warrants into mother shares. Botak is switching it's bet between IWH , BM , Ekovest respectively. The land acquisition is just put of a deal. Look at a dinner prints . Maybe we can get more answer coming AGM. But we need to ask Botak at the meeting

Without knowing their end game. Botak is acquiring the Johor freehold land from IWcity by issuing Ekovest ICPS at an issue price of 1.00 per share. The Johor land may be part of the RTS Singapore rail link. once the RTS link started land value appreciate. Both Ekovest, IW city { Botak will benefit }

FBM 30 is one of the market cap Indicator. We have FBM 70 and of courses the KLCi 100

AGM only registered shareholders allowed in the meeting hall. Proxy can be nominated prior to meeting { if proxy is attending then the shareholder can't be present }

They have recruited x-cimb investment bank CEO to their new board { wef 30/10 }

Without prejudice ambank pe ratio is the lowest apart from affin. Dividend yield & earnings are at par with the top 4 banking groups. Current new management is more innovative and a higher payout coming FY year can generate more interest in this counter

bfast analysis - morning calling buy citing CI more room to edge higher. Index make u turn down -8

LGE should resign . His action of withholding TARC grant gather much bricks bat from Johor voters. At food Court people asked DAPwhy are u not helping TARC a private institution set up to help non malays for higher education. DAP ceramah speakers was booed

Foreign funds nimble at Bursa but wallop big at Vietnam

A lot of unhappiness exist on the ground whether Malays and non malays. It's not easy to govern neither it's easy to defend policies. a lot of voters will sit out and see how Bersatu vs new minted Umno/pas alliance fared. Mca is just a pawn and of insigficance