It is not over. There are still at least close to 200 million ESOS.

Why are you guys worried about ESOS? The money from the ESOS will go directly to the company. Every RM0.09 exercised ESOS goes to company. Yes, more shares in the market, but company also has more cash!!!

And if the employee exercise ESOS at RM0.09, you think they will sell at RM0.09? Think la!

Where is Hardminer?

Jeffreyteck: Can you please read back the previous Q's explanation on why the revenue saw a significant drop? It is not a significant drop.. it is due to adjustment on accounting treatment. The selling and buying of the gold spot is no longer treated as revenue. Only the fair value through profit or loss are measured as revenue based on MFRS 118.

In essence nothing has changed.

"The Board had taken note of the Group’s overall performance and would accordingly make every effort to improve in the coming periods and barring any unforeseen circumstances, the Board is confident that the Company will be in the correct and positive path in achieving an improved result in line with the corporate and operational plans. "

This sentence by the management already means the management is confident 2H result is better than 1H result. Or perhaps, it also means it is better than normalized earning is 2016. Who knows? Bottom line, following quarters going to be BETTER!

I don't think there will be any corporate exercise anymore for Borneo Oil. The 70% does not mean anything as long as they are a long term shareholders.

Very simple... it is all about sustainability. You want people to buy then people has to be convinced gold price will stay high for a long time to reap the benefit. Anything less than 3-6 months is not call sustainable.

Please read through the announcement properly before saying the result is bad. The result is better than last year stripping out the highway sales. Look at the Operating Profit coming from Construction and Highway...combined together that is RM200+ mil.

Only people are naive say the result is bad. Please look into the detail. Those that say is bad, are those that want to benefit from people that are ignorant.

And you should look at the amount share premium versus its paid up share capital. If you know accounting and a little bit of finance, you should know bonus issue is not a question of IF but it is a question of WHEN...

Don't take my word. Open the latest financial statement and see yourself. Ekovest, will issue bonus issue soon with such a huge share premium in its book.

The launching and ground breaking of KL River City today simply means it is no longer "approval in principle". It is just a matter of time before the announce the official signing and details of the project.

People should stop linking IWC with Ekovest. They are separate and distinct companies all together. If this approval in principle already become reality. Then you should know the "PROPOSED PRIVATISATION OF THE KAMPUNG BARU LINK, ISTANA LINK AND KAPAR LINK EXPRESSWAY" is just a matter of time. And this project is HUGE!

It's a harami in downtrend, a reversal trend. Should be very good but we will see... the selling pattern just show someone really wanna get out at any cost. The question here is has he/she completely get out? If yes then the worse is over.

Victoria Capital bought 13million shares today. Why feed them at cheap price people?

Malaysia ML Global's Unit Gets MYR68.14 Mln Sub-Contract From Samling Ekovest JV
By Gho Chee Yuan
Nikkei Markets
KUALA LUMPUR (Jul 11) -- Malaysia's construction outfit ML Global said Tuesday its indirect 70%-owned unit has won a piling work sub-contract worth 68.14 million ringgit ($15.86 million) from Samling Ekovest JV.

The construction period is for 20 months and the work shall be completed by Oct. 30, 2018, the company said in an exchange filing. After this contract win, ML Global's current outstanding order book stands at approximately 2.05 billion ringgit.
- By Gho Chee Yuan; Terence.Gho@nikkeinewsrise.com; 60320267363
- Edited by Lopamudra Bhattacharya
- Send Feedback to feedback@NikkeiNewsRise.com
- Copyright (c) 2017 Nikkei NewsRise Asia Pte Ltd.

Useless Newborn2017. Such a sucker!

There are always the kind of people when price go down condemn a lot and try to warn others it's a bad counter. When price go up also condemn saying it's manipulated counter. Down condemn Up also condemn. Some are born to be hater. They just hate! Cannot change...

chan9301:- Can you please read the report QR instead of just looking at the summary. Result like this you call it as unclear? It is unclear because you only want to comment without reading.

In fact, if anyone here read properly you will realize the mining will give very good result going forward. Their cost for the contract is very low and you probably looking into RM25-40mil profit for the full year!

And go read the limestone agreement which was announced a while back. The RM400k plus royalty is not for the full quarter. Full quarter contribution will be much higher.

Please READ!

The information is in the annual report.

That's right. Awesome chart forming and seem like 1.35-1.40 is very possible in the mid term.

Really hate it when people just link Ekovest with IWC. Come on, these are separate companies with the same major shareholder. And it stop there. If government hates LKH, you won't be able to see this announce!went anymore. Think about it.

The latest announcement should provide confidence to those naysayers that think Ekovest will no longer receive job from government anymore after the Bandar Malaysia's incident.
Malaysia's incident.

Why worry about ESOS. ESOS is always given at slight discount and it's reward for employee to work harder for the company. Whatever it is when employee convert the ESOS company gets the money.

luckyeveryday is fucking free.

This blowwater even worse. Result out already also don't know. Seriously. So many nonsense talker here. Good result say it's bad result. Result out already but say wait until tomorrow. Unbelievable..

I find it so funny so many thinks the result is poor. Barring the fair value adjustment the NP is 3x of last year's earnings. YES IT IS 3 TIMES!!!

Imagine what will happen next quarter when they announce their earnings. And yet so many nay Sayers. These people are those that miss out to buy earlier and wanted to buy from others by misinforming them.

Good luck in doing it!!

Don't buy warrant if the company gives dividend.

Luckyeveryday, if you like to preach please set your own blog and preach all you want. Don't go to specific counter and preach here. There are hundreds of shittier counter than Borneo Oil in Bursa Malaysia and I wonder how come you don't preach there?

Don't act you are a hero by telling everyone you wanna help noobies:- 1) your strategy is good for risk averse people and not all noobies are risk adverse , 2) bring your good intention to other shittier counters than Bornoil.. go help them and do your preaching and 3) if you really wish people here to make money when it hits RM0.15 then why are you drawing people away from this counter?

Your act is inconsistent.

I shall not elaborate further. Up to market to decide what's the price of EG before this corporate exercise is over.

VenFX: When did I talk about adjustment? And you should know what it means by indicative right? It means not cast on stone yet. Take the 5D VWAP price in circular mutiply by 4 000 units plus RM950 for rights and divided by 6000 units. Take the final figure and compare to TERP and tell me you are not screwed by management. Screwed means no real incentive to subscribe.

Adjusting down on RCPS means they get less money but pay higher coupon rate to investor. So I'm pretty sure they won't barge. This corporate exercise create an overhang to the company. Stay away until it's over even it's below 85c. That's my 2 cent.

corporate exercise. Anything above 85c is like volunteering yourself to be screw by the company because the bonus issue come with subscription of the RCPS is useless. Bear in mind this RI doesn't come with warrants. They claim bonus issue is a reward but it's a gimmick above 85c assuming they won't adjust the RCPS price. And they won't lower it. Period.

corporate exercise is the share price. This corporate exercise is not worth looking at until it is lower than 85c. If you buy anything above that, you are actually volunteering yourself to be screw by management. Remember this deal has no warrant. The bonus is just a gimmick and mean nothing to us above 85c. That's my 2c worth.

The weakness in share price has nothing to do with QR. The problem is with the right issue. If anyone read the circular properly, you'll realized that the right issue is screw updated​ and misleading. The discount after the ex price is misleading and I'm pretty sure management will not barge on lower right price since this is a RCPS, so that's constant. The only variable is the share price which will lead to attractiveness of the

There is nothing wrong comparing QoQ as long as the business has no seasonality effect. Stop talking crap mamatade. It is neither wrong nor correct to look at QoQ or YoY.

There are so many fear monger because many wants to make quick buck with no holding power. It's no brainer what you see now is just at the tip of the iceberg. If anyone old enough to know the evolution of Gamuda and IJM, they will understand.

Sure iQie. We are going to trust you.

When someone is so confident sure Boom that is where people should be fearful.

Be very cautious when they are too many good publicity after the IWC's incident. Too much hard selling may is not a good sign. At least in the short term. Better to buy more after QR or wait and see if you have not own it. Sell if you don't like short term volatility. Cheers.

Nothing is impossible. But it's worth to highlight this quarter result will be positive after all the kitchen sinking. And do not be surprise of potential bonus issue and free warrants just by looking at the size of it's share premium. Warrants are important as their source of funding from all time high order book.

Increase in gold price will benefit Bornoil. Period.

think who will benefit from the infrastructure? of course it will be Duke! and who has stake in Duke? it's EPF my friend and EPF in with the plan to monetize it with good return when Duke is listed! and you think government is going to screw this deal? think la ...

hisesatu and sharemakers:- I think you guys are such a joker. the news are for IWCity and not for Ekovest! the deal is called off long time ago and only foolish think it will reserve! Irregardless what happen Ekovest has nothing to do with IWCity. the deal is off and please move on. and read the news properly, they are going to make transportation hub with highways and you

speakup: that's because you don't know anything about the company. If this company needed Bandar Malaysia to survive then it's company is a lousy company. Do you think the China party will let Ekovest to participate in construction after they pay RM7bil for the land? Ekovest will benefit nothing from Bandar Malaysia even if the plan is not called off. Speak up with wisdom my friend.

The good result will continue. This Q was from the sale of 1 landing craft. Bear in mind they just announced the order of the landing craft with higher value. It will be completed 2Q, i.e. next result will be good if not better.

The good thing is this company is so lean. Sell one landing craft can make profit. Imagine when orders flowing in? Also read the prospect in the result announcement. Seem like they will benefit from Indonesia's mining export ban. Surely pending announcement.

40c is not an issue.

And I'm curious why you guys have so many comments and interest on shit stocks? Too much free time?

Alex Leow:- I really like how you argue your case. If your argument is all the owners already sold the WA, then isn't it a good news instead of bad news? If they sold all WA and the share price is at current level, in what situation will make it worse than now? That also only if WA has impact on mother share which I highly doubt. So isn't it worse is over based on your argument?

Alex Low: I like your confidence. Your profile with aleo66. How many accounts you have created and all your comments are negative. Why are you even here?

KNM-WA and KNM-WB are very tricky. On the paper, if you look at who is the largest shareholder (Mr. Lee, of course), then you know the warrants will not go worthless. But the problem is, KNM has very large share base, so it is difficult to push the share price up. Don't bet on it.

The only way, the mother share can be pushed up is by favorable announcement. That is why I am confident, now we are heading towards the final moment before major announcement.

Bear in mind, having the warrants converted will provides a lot of funding for their expansion. So that's my 2 cents.

We already in the 4th Quarter of the year. We should be anticipating some major announcement of contracts soon from KNM. Also, based on 3Q2015, we will definitely see major improvement in term of earnings because previous 3Q result was bad. We have been seeing strong accumulation at 0.405 and now at 0.415. The resistance however, is at 0.42.

Once it breaks this level, we should be anticipating next level of resistance at 0.45, 0.47 and 0.52. Good time to accumulate. Assuming upside of 0.55 and downside of 0.40. You are talking about 1.5sen downside vs 13.5sen upside. It is of the ratio of 1:9.

Easy trade but holding power is important.

alexwest: If you are interested what is the result going to be moving forward, go facebook and search KNM.. pay attention to the number of activities going on at RAPID. This year and next year will be the year they recognize bulk of the earnings from contract coming from RAPID.

I am very scare when I see punter here everytime.