s.tupid article as China is building the ECRL. this will obviously link with this project in Malaysia.

What is this "threat" propaganda nonsense?

the stock will recover, once our major investment banks have flushed out all the margin accounts in this broad based selldown.

re share buyback. the company has just done an IPO. why would they want to buy back shares now? the purpose of capital raise was for expansion.

there is much better use of capital such as building a new facility to make more products, especially when they acquire new customers in the future.

of course anyone will feel cheated having bought at IPO and i could be wrong about CEB. only time will tell.

Lot sizing, lot sizing, lot sizing.....

Got no spare cash, poor, please stay out.

if you wait too long, complain too much - you will miss the boat.

i keep hearing words like "shark" and "syndicate". hello! this counter just ipo last year. the biggest sharks is Hong Leong IB, Miss Tea, Epf and Fortress Capital.

why you no buy? so cheap want to complain some more.

Costs will go up if/when the government moves minimum wage up to RM2000 per month.

CEB, Genetec, Notion and Frontkn all began declines after the USD/JPY dropped from 160 in middle of July to 145 today. There is link between the weak USD and drop in share price of these companies...

traders in the IBs are playing around with the shares in their nominee accounts...

which EMS player has high margins? its is well known to be a low margin high volume business.

what the heck... was expecting -25mil loss or something similar.

Hong Leong Bank (Chinese bank) and Chinese company (Cape EMS) cheating hard working Malaysians and pension funds. Hmmmm.

serba dinamik type situation? accounting fraud? loss of major customer? sanctions?

Hong Leong was underwriter for the ipo...

this article reveals that the project is largely a overbuilt failure. a temple to unchecked greed.

glad they are still maintaining it though!

fake news.

hahaha. why not? better for your health to avoid this junk!

52.6% C Pass!

Padu Berjaya!

@beinvested

If you use gold as a long-term measure, then in 1999, 1oz around 30,000JPY. Now (25 years later) it is 1oz to 360,000JPY.

Yes! The ringgit is over-supplied especially to contractors and civil servants. The government keeps investing in non-productive assets e.g. bailouts (90s) to white elephant projects like MRT and TRX that will not be able to recoup investment - unless ringgit is depreciated to RM20 to USD.

It is a vicious cycle- even Malaysian companies earning ringgits will not convert. Why? Guarantee MYR to decline further so convert only when necessary!

Of course the ringgit will open lower.

BNM is so scared they put a RM20,000 limit on TransferWise(Wise) accounts.

Maximum Holding Limit Users in Malaysia can only have a holding limit of up to RM 20,000 in Wise accounts and applies to all currencies held. If the remittance exceeds RM 20,000, the user needs to withdraw the amount that exceeds the limit to the bank account and Wise gives up to 7 days to withdraw the excess money. The user’s Wise account will be frozen if the withdrawal of the excess money is not done within the specified period and the account is reactivated after the user complies with the specified amount in accordance with the provisions of Malaysian law.

They are so s.tupid - thinking that this will stop the ringgit slide!

The bank know how much money is leaving Malaysia. Supply and demand. That's why the rate is RM3.5++ to the SGD.

If the MY government does not demonstrate any fiscal responsibility the market will punish it via high inflation and weak ringgit.

PS how many cash handouts so far by PMX, MADANI this, MADANI that?

"beyond pmx's control"???

RM90 Billion development budget in 2024 - External factor isit? Not in PMX control isit?

Are you sure you are an engineer?

Dun worry - waiting for RM5 and then RM6 and onwards.

Its coming... to a cinema near you!

Why be bothered with RRR issues and politics/politicians? Its all a convenient distraction.

Got to pay attention to yourself and investments. Don't waste time with unnecessary "NEWS" used to manipulate simple-minded ppl.

Position yourself for extremely painful high inflation.

There is too many billions of ringgit leaving the country through SG, just like our high skilled human resource!

Keep chatting about Socks and Shoes with certain things written to distract everyone from real issues.

unconstrained credit = > compress loans (multiple financing), 100K - 200K "Cashback", student loans, credit card debt, Budget 2024 RM90 billion development expense = very high inflation.

1gram of Gold = RM360

Better to measure against GOLD than USD.

Fasten your seatbelts boys and girls!

D(Demonstrating) A(Aptitude) in P(Property) => DAP

DAP is the property developers party. Wake up already.

The amount of propaganda in the fake news media is outrageous.

send everyone to SG, HK & JP for shopping ah....

@calvintaneng why are you yelling in all the forum room?

1) stock has found a bottom. now is the time to buy (if so inclined)

2) you can't sell what you don't own.

3) no one cares about dividends in bursa.

be careful. don't get stuck/trapped in this counter like Insas ....

slumping!

a lot of ringgit propaganda. 335MYR per gram of gold at the moment!

Just the level of lying and mass murder of these israeli jews is unbelievable.

go to sendai (5205) forum and read the comments there over the last week for more examples.

but it is true. this is anecdotal case: project manager at pilot group (construction) openly announces to everyone on the site he is a racist. also lie to prospective employees about wages and retain passport of foreign workers - then slash wages.

go ahead and try. kiwis are a weak vassal - just do as uncle sam tells you.

no media publishing but current spot rate today 21/03/2024 is RM333 per gram of gold.

the media gets lazy and keeps reprinting the same captain obvious material from time to time.

if you dare - go ahead. more action - less talk please.

That is a natural and logical reaction to a collapsing ringgit. Good business sense. It also means your you reduce your ringgit cost base (salaries especially). Fantastic.

Clearly the govt knows this is also loves the depreciating MYR as it reduces ringgit denominated civil service emoluments and pensions. This is how Malaysia plans on solving the revenue gap without increasing the tax base.

a pair of socks? news article? boycott? sultan angered? 🤣🤣🤣🤣🤣

but china donkey mgmt manage to loose hundreds of millions of ringgit every quarter...so how?

look at Petron - can make profit and pay a dividend. is it so hard?

there also needs to be plentiful cheap electricity. no nuclear power station like Maanshan Nuclear Power Plant in Taiwan.

happy trading - just dun get stuck in value trap counters like insas! ;)

The Directors of the Company wish to announce that ECB’s subsidiaries in Kingdom of Saudi Arabia (“KSA”), United Arab Emirates (“UAE”) and India have secured new projects worth RM5.4 billion.


The Projects

In KSA, its subsidiary company, Eversendai Engineering Saudi LLC in collaboration with Albawani Company Limited secured the first structural steel signature building from NEOM for the Trojena Ski Village, NEOM’s year-round mountain destination. The scope of work consists of engineering, connection design, material supply, fabrication and installation of structural steel, precast and concreting, metal decking and fireproofing for the iconic mountain resort in Trojena’s Ski Village.

In UAE, its subsidiary company, Eversendai Mega Structure FZ LLC secured the structural steel scope for the Wynn Al Marjan Island Integrated Resort Development in Ras Al Khaimah which will feature a 1,500 rooms luxury hotel with world-class shopping, state-of-art meeting and convention facilities, bespoke restaurants and lounges, extensive entertainment choices and other amenities.

Its subsidiary company in India has secured two (2) structural steel projects which includes the Rupa IT Building and the Rupa Crystal IT Building.

With the above new projects, the Group’s current outstanding order book is RM6.6 billion, a record in ECB history.

*4 Projects*

One JV in Saudi Arabia ( Trojena’s Ski Village), one in UAE ( Wynn Al Marjan) and 2 IT buildings in India.

this company is making 75% NP margin. they aren't seriously vetting all that data.

more litigation on the cards unless CEO Hamburger can figure out a way to check the freshness of his financial ingredients!

in bursa it pays to look for beaten down counters (even loss making), rather than stagnant value traps.

you know what's funny? more people made money in sendai over the last week than insas traders made in last year.

"It is now trying to move up the front end..."

That is well and good, however semiconductor manufacturing requires a plentiful supply of fresh clean water - which Penang does not have.