EKOVEST BHD

KLSE (MYR): EKOVEST (8877)

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Last Price

0.365

Today's Change

+0.005 (1.39%)

Day's Change

0.355 - 0.365

Trading Volume

8,105,100


34 people like this.

75,714 comment(s). Last comment by turbochart 5 hours ago

Eagle77

6,926 posts

Posted by Eagle77 > 6 days ago | Report Abuse

Hancur ⬇️⬇️⬇️🩸🩸🩸

theyoungman

1,977 posts

Posted by theyoungman > 6 days ago | Report Abuse

>UncleFollower
dont like that...people who stuck at 50-60 or even higher than 60 howwww?

Dear Uncle, i agreed with you. Investors have to apply their own strategies, nothing is 100% correct and 100% wrong. All investment tools have risk, sendiri responsible nia. Good luck to all investors. Cheers. Profit taking kick in.

theyoungman

1,977 posts

Posted by theyoungman > 6 days ago | Report Abuse

Profit taking VWAP 0.39 market makers and day traders to cover positions?

Posted by pokokhijau > 6 days ago | Report Abuse

Janji buat duit, thats the principle.

Lai Yu

81 posts

Posted by Lai Yu > 6 days ago | Report Abuse

老林借他人屁股放个屁,你们就开始忙着算钱了?

turbochart

530 posts

Posted by turbochart > 6 days ago | Report Abuse

Run!!! TOMORROW IS FlyawayDAY

theyoungman

1,977 posts

Posted by theyoungman > 6 days ago | Report Abuse

>NatsukoMishima
>>Yes , a bomb worth 5 billion ! U dont want , i want , more billion bomb to come soon , this is cresendo 2.0 ! All in now !

Natsu all in oh, 1589? so power leh. So daring

speakup

27,007 posts

Posted by speakup > 6 days ago | Report Abuse

https://theedgemalaysia.com/node/733071
sell highway for rm5bil mean ekovest debt will be very small afterward

theyoungman

1,977 posts

Posted by theyoungman > 6 days ago | Report Abuse

Botak: (Nov 7): Malaysian tycoon Lim Kang Hoo is exploring selling his toll-road business, in a deal that could value the assets at as much as RM5 billion (US$1.1 billion), according to people with knowledge of the matter.

Is exploring ^^

soon9913

2,816 posts

Posted by soon9913 > 6 days ago | Report Abuse

Sell with debts one. RM5B will be the net income.
Inmagine EPF bought 40% duke 1 and 2 in year 2017 at Rm1.12b... And they want about 10% a year.. They need to pocket at least Rm2b in order to get their approval.

soon9913

2,816 posts

Posted by soon9913 > 6 days ago | Report Abuse

The highway concession is until 2069 and can hike toll fee from time to time...
EKOVEST hold 60% of Duke 1 and 2,balance 40% hold by EPF

EKOVEST hold 100% SPE

Albukhary

3,038 posts

Posted by Albukhary > 6 days ago | Report Abuse

Actually, based on Year 2020 news report, initially whereby Ekovest plan to listed Duke 1&2 and SPE, whereby Ekovest plan to offer 25% share of its highway concession to raised RM3bil. IF 25% = RM3bil, then 100% will be RM12bil.

Below is the caption of the news:-

"The enterprise value for the three highways was about RM11 billion to RM12 billion, he said.

"Twenty-five per cent of the total enterprise value is about RM3 billion and we can raise that amount to pare down the debts and allocate some for working capital purposes.

Albukhary

3,038 posts

Posted by Albukhary > 6 days ago | Report Abuse

Therefore, the current value of RM5bil for Duke 1 & 2 is actually quite a fair price.

Albukhary

3,038 posts

Posted by Albukhary > 6 days ago | Report Abuse

I think LKH planning is like this.
Dispose the concession asset to reduce the debt.
The merger Ekovest, Knusford and IWCTY.
Convert Ekovest become a giant congloramate, position itself as the ideal JV partner for any China Company, and holding 4000 acre prime landbank in Johor to develop for next 30 years.

Albukhary

3,038 posts

Posted by Albukhary > 6 days ago | Report Abuse

Who know maybe Bandar Malaysia project will come back again, hehe

fl888

7,732 posts

Posted by fl888 > 5 days ago | Report Abuse

Hope Ekovest can break 40cts today for next week TP 50cts…

curiousq

1,077 posts

Posted by curiousq > 5 days ago | Report Abuse

sell on rumour?

Posted by Johnchew123 > 5 days ago | Report Abuse

Parria stock ,rumour in also can”t move, mean fake news , if this 5 bil disposal happen Sendai or Mrcb ,2 day at least up 10 sen,
Rubbish ,useless stock ,wasting time ,
40 sen also stay above

Posted by Johnchew123 > 5 days ago | Report Abuse

40 sen need stay above at least 3 day , if not , all is uselss , rubbish ,uselss ,wasting time ,
1 day show up 2 sen , T+ 3 force selling will back gurantee back to 37 sen again

anson938

2,018 posts

Posted by anson938 > 5 days ago | Report Abuse

Otw to 0.60... 0.80.... 0.99

Posted by Johnchew123 > 5 days ago | Report Abuse

This parria stock plunge below 40 sen since early August , after that didn’t stay above 40 sen , till today ,
If this parria want go further to 50 sen
First need stay above 40 sen n tahan 3 day no drop below 40 sen ,if not , all good news is uselss rubbish , really call a Parria stock

fl888

7,732 posts

Posted by fl888 > 5 days ago | Report Abuse

Whenever PublicInvest comment on any stocks, most of it will not move thereafter?

laulau

418 posts

Posted by laulau > 5 days ago | Report Abuse

Better grab all the cheap shares still available? Rebound soon?
Recap
https://www.forbes.com/sites/anismuslimin/2024/04/15/malaysian-real-estate-magnate-gets-ready-to-tap-prized-land-bank/

EVO118

2,142 posts

Posted by EVO118 > 5 days ago | Report Abuse

laulau
Bit out of date. 6 months behind. A lot of things can change within that time frame.

laulau

418 posts

Posted by laulau > 5 days ago | Report Abuse

The facts remains the same. Accumulate on any weakness, the show is just beginning with more news release?

Malaysian Real Estate Magnate Gets Ready To Tap Prized Land Bank

Malaysia’s expanding economic ties with Singapore have made the southern state of Johor, where a new special economic zone is to be created, an investment hotspot for its tycoons. (SJ-SEZ to be signed on 8 December.)

Notable among them is property and construction magnate Lim Kang Hoo, whose firm, Ekovest Construction, a unit of his listed Ekovest, was awarded a nearly 2 billion ringgit ($422 million) contract in 2022 to build a rail link between the two neighbors that is now nearly two-thirds complete. (RTS Link to be completed soon by Ekovest)

Looking to leverage his group’s massive land bank in Johor, Lim announced a restructuring plan in September to consolidate privately held Knusford and Iskandar Waterfront Holdings as well as listed Iskandar Waterfront City (IWC) under Ekovest. (Once LKH monetize Duke 1&2, Ekovest will have the cash for the Merger Plan which is in progress?)

theyoungman

1,977 posts

Posted by theyoungman > 5 days ago | Report Abuse

Buy on dip.

Posted by Johnchew123 > 5 days ago | Report Abuse

Situpid guy theyoungman kena stuck 53 sen ,n average down 48 sen ,45 sen ,43 sen 40 sen , bodddoh punya org , this parria stock plunge below 40 sen since early August till today ,almost 4 month, didn’t stay above 40 sen ,never stay before 1 day about 40 sen, situpid guy theyoungman kema stuck since early Feb 2024

theyoungman

1,977 posts

Posted by theyoungman > 5 days ago | Report Abuse

Accumulate on weakness. Do not speculate, punt, and contra. Cheers. Buying.

theyoungman

1,977 posts

Posted by theyoungman > 5 days ago | Report Abuse

The grapes are sour. Can't eat the grapes and saying grapes are sour. Bullet kosong liao ah? 😁 BUY

Lewis Lee

1,693 posts

Posted by Lewis Lee > 4 days ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1422139
According to Nanyang news , the sale of toll business is a fake news , confirmed by conmen !!! 😓
Like that also can ??

Lewis Lee

1,693 posts

Posted by Lewis Lee > 4 days ago | Report Abuse

The only real news is :- this is a fart king conmen s counter !! 😭

Lewis Lee

1,693 posts

Posted by Lewis Lee > 4 days ago | Report Abuse

Next week limit down liao !!

EVO118

2,142 posts

Posted by EVO118 > 4 days ago | Report Abuse

So back to 0.36 on monday before doing it's usual dance of 0.36 - 0.385. Big TRAP

EVO118

2,142 posts

Posted by EVO118 > 3 days ago | Report Abuse

Sources: Ekovest’s Lim Kang Hoo mulls Duke concessionaire stake sale in potential billion-ringgit deal.
https://www.malaymail.com/news/money/2024/11/07/sources-ekovests-lim-kang-hoo-mulls-duke-concessionaire-stake-sale-in-potential-billion-ringgit-deal/156123.
Dated 7/11/2024, no comment!

Posted by Johnchew123 > 3 days ago | Report Abuse

Wa sudah cakap early ini fake news , first day up 2 sen , second plunge 1.5 sen
Wa bagi u org tau
Only QR NoV will determine it direction

1 ) Net loss , this parria stock will trade below 40 sen until 31 Dec 2024

2 ) net profit , will trade 40 sen - 50 sen for month Dec,

This paria want move further up ,
First criteria need break up 40 up n stay above 40 sen at least 3 day,
If wa are u , wa will wait until break up 40 sen only go in , no need wasting time follow this situpid guy buy on deep , kena stuck 53 sen already 10 month since Feb 2024

soon9913

2,816 posts

Posted by soon9913 > 3 days ago | Report Abuse

Q 0.35 next week

fl888

7,732 posts

Posted by fl888 > 2 days ago | Report Abuse

Qtr Nov made to show profit …

RamsyNa

32 posts

Posted by RamsyNa > 2 days ago | Report Abuse

Either the report is green or the investors' faces are green 😁

Lewis Lee

1,693 posts

Posted by Lewis Lee > 2 days ago | Report Abuse

Judging by the share price( as qr will be released end of the month) I can guarantee you the coming report is gong to to be big loss again !!

Lewis Lee

1,693 posts

Posted by Lewis Lee > 2 days ago | Report Abuse

If QR good, the share price won’t stay like that and you will see insiders sapu-ing non stop !!! Fart liao this conman s counter ! All retailers trapped with this sinking pirate ship Liao 🚢

soon9913

2,816 posts

Posted by soon9913 > 2 days ago | Report Abuse

this counter is required good news to move, good result not really can move a lots also

soon9913

2,816 posts

Posted by soon9913 > 2 days ago | Report Abuse

most important is they can approve the restructuring plan fast and list the highway soon. sure the price will be limit up!!

fl888

7,732 posts

Posted by fl888 > 1 day ago | Report Abuse

Qtr Sept should be good as last QtrJune did not incorporates a sales contract which will be reflected in this Qtr Sept to be announced within Nov….

soon9913

2,816 posts

Posted by soon9913 > 1 day ago | Report Abuse

how can be good due to heavy interest expenses unless from gain on disposal of lands lo.

tikcus

24 posts

Posted by tikcus > 15 hours ago | Report Abuse

Christmas coming soon, we will see Mr Lim laughing Hoo Hoo Hoo...

EVO118

2,142 posts

Posted by EVO118 > 13 hours ago | Report Abuse

Santa is not BALD.

EVO118

2,142 posts

Posted by EVO118 > 8 hours ago | Report Abuse

Just can't seem to shake off the 0.365. Keeps coming back to this level.

turbochart

530 posts

Posted by turbochart > 5 hours ago | Report Abuse

Run!! Iwcity suspended soon

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