Thanks for sharing your view, Ricky Yeo, you always welcome to express your opinions so we can have complete views over a company/business.

As next article will be focused in financial matters of the company, it will be best for me to address after I publish my next article.

Pls take note that it may require longer period to realise its true value of this company, contra play for this company may be hurt. Just a friendly reminder.

Thank you for all constructive comments and ideas from all fellow members. I will share my findings & work done of my analysis in my next article. Hope to have more discussions to make better investing community in i3

Thank you for your kind words, Chelsea, I am very much looking forward for your coming article for you always can see something I have overlooked.

Mizi fas, thank you for commenting, I will discuss that matter in my next article

Thank you for your comment, IBanker, RM3 is just my first target, I will discuss it in my part 2 article.

Well observation by soojinhou & windcloud, thank you for your comment.

Yes, chicken/broiler is controlled item in Malaysia. I will discuss the matter & the financial results & projections in my next article, very likely by tomorrow or day after.

Well said, starperformer!

By referring to turnover & profits, CAB already overtook Layhong as King of poultry. It's just market didn't realise that & awarded higher valuation for Lay Hong

https://klse.i3investor.com/servlets/stk/fin/7174.jsp
https://klse.i3investor.com/servlets/stk/fin/9385.jsp

Thank you, SuperMan 99

Thank you, SuperMan 99

Thank you, 张天师买股票

Thank you, moneySIFU

CAB CAKARAN: Malaysia Broiler/Chicken Giant in Making (Part 1) (WealthWizard)
https://klse.i3investor.com/blogs/wealth123/118711.jsp

CAB CAKARAN: Malaysia Broiler/Chicken Giant in Making (Part 1) (WealthWizard)
https://klse.i3investor.com/blogs/wealth123/118711.jsp

Agreed to moneySIFU that the company's share price has been flat for almost a year, the consolidation period is taking long enough for the next level.

Consolidation take place when the company is ready to go up or about to go down.

In CAB, looking at its expansion progress & results delivered during the 1 year long consolidation period, the energy stored in it is tremendously huge. We'll see.

Many thanks to moneysifu for his invaluable inputs & ideas in helping me to complete my analysis on CAB. I trust CAB is another hidden pearl about to shine in coming days or months.

I bought both Mother shares & warrant before the release of my first article about Ekovest.

Mother share has grown 100%+
Warrant has up more than 250%

While Tan Sri Lim has a dream of 10b for his Ekovest, I have a dream to build my retirement fund by counting on Ekovest.

Congrats to all!

While many are in the bag already, it could be more to come:

1. 10 highways by 2030, (Duke 1, 2, 3 & 2A + 5-10)
.....it means 6 more highways are to be disclosed

2. ROL KL (4 bil projects)
.....so far only 400mil are out

3. Pan Borneo projects (30% JV of 2.1b)
.....any more?

4. Bandar Malaysia
.....???

5. Tender 10b project
.....winning rate???

I ask myself a question, which companies can be the reference for Ekovest in terms of jobs in hand & future prospect?

I will say Gamuda & IJM. Look at their market cap now & that's the way Ekovest can be.

10b is not a dream & I will be proud of myself for able to get my hands into this fantastic company when it was still at the begining stage of shining.

Today Ekovest is only at 3b, MORE TO COME! CHEERS!

Profits for the last 2 quarters were far exceeded my own profit projections, never expect so good profits from construction division.

Property & Toll divisions have performed within my expectation and these 2 divisions will see good growth in terms of revenue & profits in coming months/quarters.

Once I settle my company tax filing by next week, I will have more time to do what I like to do, writing my finding & opinion about Ekovest.

I will compare side by side between Ekovest & Sunway Construction to illustrate the current valuation of Ekovest is still far from fairly valued by market, representing potential revaluation soon after a rest, if any.

Why Suncon? Because similar market capitalisation & order book size. Meanwhile, you may take sometime to read on suncon to know how market look at that company.

I have to say sorry that I have been busy on family, work & income tax before & after CNY, the article that I planned to write is actually out of date now following the announcement of latest QR.

I wish all enjoy the re-discovery of SSteel & ride on the move. CHEERS!

Congratulation to all shareholders!

Ekovest has just started to move but has not even shined through yet.

Also, Ekovest has efficiently managed its debts & equity planning & arrangement.

The management has ambitious & done far better than I initially participated. The following were not available at time of my articles:
1. River of Life (4b)
2. Pan Borneo Highway (30% JV of 2.1b)
3. Duke 2A (6.3b)

The management has ambitious & done far better than I initially participated. The following were not available at time of my articles:

River of Life (4b)
Pan Borneo Highway (30% JV of 2.1b)
Duke 2A (6.3b)

Ekovest has just started to move and has not even shined through yet

Ekovest has efficiently managed its debts & equity planning & arrangement for its expansion plans.

Sorry for the late, the report still in the process, many things to handle before CNY

Malaysia Rebar price has increased more than 30% since end of September & you may refer rebar price from MITI's weekly bulletin.

http://www.miti.gov.my/index.php/pages/view/3060?mid=73
http://www.miti.gov.my/miti/resources/MITI%20Weekly%20Bulletin/MITI_Weekly_Bulletin_Volume_417_-_22_December_2016.pdf
(Page 10)

China Rebar price has increased 35% since end of Sept, you may refer below link:
http://www.100ppi.com/vane/detail-927.html

Rebar price in Malaysia has gone up steadily & firmly for more than 30% since 30/9/2016. In line with those rebar price in China.

http://klse.i3investor.com/files/my/blog/img/bl2751_rebar_price_in_malaysia_20152016_chart_1.jpg

Sorry for late, I am still working on the report as I was tight up with something else over the weekend. I changed my format to have all in one, no more part 123. May need 2 more days.

Please feel free to compare what Icon8888 said & what I had projected in my articles, make your own decision & judgement.

I have done my calculation & analysis on the figures of Ekovest, please take a look & judge yourself, if possible, please highlight anything that I might have overlooked or missed:

Part 1: EKOVEST Is Doing Great & Ready To Shine, Are You Ready?
http://klse.i3investor.com/blogs/wealth123/104926.jsp
Part 2: EKOVEST: Net Debt Ratio=20% & Net Cash Per Shares=RM1.01 (after 40% sale in Kesturi)
http://klse.i3investor.com/blogs/wealth123/105048.jsp
Part 3: EKOVEST: The Next Big Thing & Great Upside Potential +84%
http://klse.i3investor.com/blogs/wealth123/105946.jsp

Please take a look at Part 3 for financial projections in the next few years.

I am in the process of writing article for Steel industry & SSteel, hope can finish off over the weekend.

What I can say now is that rebar price in Malaysia & China has gone up 30%+ since 30/9/2016.

This is truly undervalued company & market will realise it sooner rather than later

Annjoo has not gone down much lately, giving less room to go in.

Masteel has to prove it can deliver good results in the coming quarter, the current one was slightly disappointed.

Very interesting, seem like this company has not moved in tandem with the bright future prospect ahead of it.

Thanks, bro paperplane, amend now. :)

For any members that have just visited this forum & wonder where is the announcement for 25 cents special dividend, please refer below for more details:


2.6.2 Distribution to shareholders of Ekovest

Subject to the completion of the Proposed Disposal, it is the intention of the Board to
distribute part of the proceeds to the shareholders of the Company via a cash dividend
of RM0.25 per share or an equivalent of up to RM244.4 million, assuming that as at entitlement date the total shares outstanding in the Company comprises of 855,448,860 Existing Shares and new shares issued pursuant to the full exercise of outstanding 122,206,980 warrants (“Proposed Distribution”).

The actual amount to be paid to the shareholders of the Company will be based on the
Company’s shares outstanding as at the entitlement date to be determined later by the
Board, and an announcement in relation thereto will be made at the appropriate time.

The purpose of the Proposed Distribution is to reward shareholders of the Company
for their investment in Ekovest after having considered the investment capital
expenditure and operational cash flow requirements of the Ekovest Group.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5254005

Masteel has proved my point, nothing to argue with that. It is not ethical if Calvin Tan wish to divert attention from investing public towards its call on Masteel by attacking Mycron & CSC Steel.

I totally disagree with Calvin Tan & I strongly believe there will be only ONE WINNER, CRC steel mills, NOT steel bar producers.

CSC Steel has performed within my expectation, Mycron will produce reasonable results, if not better than last Q as due to Bulan Ramadhan & Hari Raya, it will definitely far better than last year's same quarter.

Masteel has proved my point, nothing to argue with that. It is not ethical if Calvin Tan wish to divert attention from investing public towards its call on Masteel.

I don't agree with Calvin Tan & I strongly believe there will be only ONE WINNER, CRC steel mills, not steel bar producers.

CSC Steel has performed within my expectation, Mycron will produce reasonable results, if not better than last Q as due to Bulan Ramadhan & Hari Raya, it will definitely far better than last year's same quarter.

At the current price of RM2.35, you are going to receive special dividend of 25 cents plus final dividend of 3 cents, making it total 28 cents.

You are now purchasing Ekovest at a discounted price of RM2.07 (RM2.35 - RM0.28).

If we annualised last Q profits, we will get 18.76 cents (4.69 x 4Q).

Ekovest is now traded at PE 11 times ONLY!

For more details, please visit my previous article:
EKOVEST: The Next Big Thing & Great Upside Potential (+84%) (Part 3)
http://klse.i3investor.com/blogs/wealth123/105946.jsp

Precisely, LaoTzeAhSir, one Q beat last whole year's profit.

The price will strongly be supported by the upcoming even better results.

Thank you, moneysifu

There are always situations where people saw it but didn't realise the truth hidden behind the figures. What we think is right may not agreeable by majority at a particular of time.

But, does it really matter if majority not agreed with the points?

Think positively by looking back to the past historical stock investment statistics where 90% of investors are losing money.

Check it out yourself at google why 90% of investors are losing money

EKOVEST: Fantastic Quarterly Results 30/9/2016
http://klse.i3investor.com/blogs/wealth123/110146.jsp

Congratulation to all who are holding Ekovest mother share or warrant, Ekovest will definitely be the next Gamuda/IJM in Malaysia. Let's huat together.

Salute you, moneySIFU, you are a man of your word.