Posted by Lewis Lee > 1 week ago | Report Abuse

yes ! wait for the QR with big loss and limit down and sinking further down with this fart king pirate ships !! Hahaha

Posted by RamsyNa > 1 week ago | Report Abuse

q1 results will have surprises. Good or bad, you sendiri bet 😆

Posted by soon9913 > 1 week ago | Report Abuse

price will be back to 0.33 soon lo.

Posted by Nickhew > 1 week ago | Report Abuse

Below 0.3 soon, I queue GTD 0.3 already, please throw

Posted by IdleMoney66 > 1 week ago | Report Abuse

Liquidity is adequate based on the company’s cash balance (RM73.8 million as at end-December 2023) and expected cash flow from operations (CFO) generation of around RM355 million in calendar year 2024. MARC Ratings believes Kesturi has sufficient liquidity to cover the sukuk’s upcoming profit payment of RM88.7 million and principal repayment of RM160.0 million on December 2, 2024. The rating agency views that the concessionaire also has reasonable financial flexibility; the long concession life provides a 26-year tail after sukuk maturity (excluding the option to extend by another 10 years), which could facilitate refinancing, if required.

Posted by IdleMoney66 > 1 week ago | Report Abuse

Ekovest need to service the sukuk payment amount of 250mil.

Do you guys think will it be default? haha. my opinion is yes

Posted by Johnchew123 > 1 week ago | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E6%9F%94%E6%96%B0%E7%BB%8F%E6%B5%8E%E7%89%B9%E5%8C%BA%E5%90%AF%E5%8A%A8%E5%9C%A8%E5%8D%B3-%E6%96%B0%E5%8A%A0%E5%9D%A1%E9%A9%AC%E9%93%B6%E8%A1%8C%E8%B4%B7%E6%AC%BE%E7%9C%8B%E6%B6%A820

Let see what market react after JS-SEZ officially sign on 9 Dec 2024 , goreng up or diam diam

QR net loss = will trade 33 sen to 40 sen until JS-SEZ sign
QR net profit = will trade 40 sen to 50 sen for month DEC
If market response good JS-SEZ , will trade 50 sen above

Posted by EVO118 > 1 week ago | Report Abuse

Don't think Ekovest is going to be even a small player in this JS-SEZ.

Posted by Nickhew > 1 week ago | Report Abuse

don't put much hope on coming qr, definitely will boom, do you think gross profit able to cover such huge finance cost around 110m?

Posted by Chellons > 1 week ago | Report Abuse

Man so sad wey this counter

Posted by UncleFollower > 1 week ago | Report Abuse

Actually this one is very low historically...if you had the vision to chase Gamuda up, I think there's no harm rotating some profits into this one, lock it up and go for christmas holiday hehe

Posted by theyoungman > 1 week ago | Report Abuse

UncleFollower knows it.

Posted by laulau > 5 days ago | Report Abuse

Morning Friends & Gentlemen!
Why Run? When you can Fly?

In Summary:

IWCity is only a Paragraph 8.03A affected listed issuer. The property developer stressed that it is not a Practice Note 17 (PN17) company.

Paragraph 8.03A refers to a listed corporation whose assets on a consolidated basis consist of 70% or more of Cash or Short-term Investments, or a combination of both.

Ekovest as a White Knight for IWCity, will benefit from the proposed merger, to access to IWCity's 70% or more cash or short-term investments & 1000 acres landbank in Johor to benefit from JSEZ Theme Play once JSEZ Agreement signed on 9/12?

Posted by Lewis Lee > 5 days ago | Report Abuse

this is a hopeless conmen's counter !! 😫

Posted by theyoungman > 4 days ago | Report Abuse

Accumulate on dip.

Posted by SLLEE5732 > 4 days ago | Report Abuse

Lau Lau
How much ( TP) you expect from ekovest?

Posted by Noni > 4 days ago | Report Abuse

Tan Sri says 4bil, we go in

Posted by laulau > 4 days ago | Report Abuse

Nta 0.77
Highest 0.62
Median 0.47?
SLLEE5732

Lau Lau
How much ( TP) you expect from ekovest?

Posted by laulau > 4 days ago | Report Abuse

After moving sideways for so long as most of the washing already done? With only medium to long term players left, only way is up?

Posted by UncleFollower > 4 days ago | Report Abuse

No TP because the situation is so fluid - it all depends on LKH's next move

Posted by theyoungman > 3 days ago | Report Abuse

Yes. Agreed. Be patience.

Posted by SLLEE5732 > 3 days ago | Report Abuse

Lau Lau

Thanks

Posted by laulau > 3 days ago | Report Abuse

Morning Friends & Gentlement!

You are right! Ekovest at 35.5 sens is currently trading at a discount of 56% from its NTA of 0.77. With such a great margin of safety, It only needs a spark from LKH to start a Rally? LKH Macais already ran out of ideas to depress the price, hence the sideway movements. Accumulate on any dips as December is a good month for Window Dressing by Operator & Funds Managers!
https://www.nst.com.my/business/corporate/2024/11/1140213/reviving-hsr-can-strengthen-malaysias-role-southeast-asia-says%C2%A0

Posted by Nickhew > 2 days ago | Report Abuse

qr boom again lolz

Posted by IdleMoney66 > 2 days ago | Report Abuse

Wow...Ekovest has become more efficient. First time they announced their QR 2 days before of month end....haha. So ready to goreng on Thursday and Friday?

Posted by Johnchew123 > 2 days ago | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%88%A9%E6%81%AF%E5%BC%80%E9%94%80%E5%A4%A7%E5%A2%9E-%E6%80%A1%E5%85%8B%E4%BC%9F%E5%A3%AB%E8%BD%AC%E4%BA%8F2486%E4%B8%87

Financial cost 1.1 bil , fuxx off

Posted by UncleFollower > 2 days ago | Report Abuse

@Johnchew million not bil lol

Posted by UncleFollower > 2 days ago | Report Abuse

Results actually look ok. I think the toll collections beat expectations. Finance interest cost drag have to be settled by selling toll asap. SPE is doing well. Sell Duke 1 & 2 wil turn this whole thing around. Even we know u think LKH doesnt know. We shall see what comes next

Posted by Noni > 2 days ago | Report Abuse

Who is going to be the "white knight" to buy up the highways?
EPF and KWAP or government agencies bailout again?
Using public funds to rescue LKH hahahahah

Posted by curiousq > 2 days ago | Report Abuse

Sep24 Sep23
Results from operating activities 92,932 78,415
Interest income 3,457 1,918
Interest expense (112,715) (59,125)
Share of result of associate (106) 1,800

Loss before tax (16,432) 23,008

Posted by Nickhew > 2 days ago | Report Abuse

loss of 23m is inclusive profit proceed from dispose land

Posted by Johnchew123 > 2 days ago | Report Abuse

Untung go n pay financial cost = 110 mil , screw out management , lucky IWCITY no plunge n stable , awating JS-SEZ , market now rotate play tech stock to palm oil ,
Focus on JS-SEZ , 9 DEC , market will tell u once agreement sign, quietly or push up ,either one will happen ,all term n condition will publish ,
Last year DEC ,sign MOU nothing said

Posted by laulau > 2 days ago | Report Abuse

Yes! We are waiting for more details come 9/12! Will history repeats itself? Accumulate on current weakness!

Forest City's Special Financial Zone to prioritise banking, logistics, says Johor MB
https://theedgemalaysia.com/node/735639

https://thesun.my/malaysia-news/forest-city-s-sfz-to-focus-on-banking-and-logistics-mb-MF13346864

"Ekovest Bhd was the most actively traded stock at Monday's market break, with 119.88 million shares changing hands. It climbed six sen or 13% to 51.5 sen a share, giving it a market capitalisation of RM1.39 billion.

Iskandar Waterfront City Bhd (IWCity), on the other hand, rose eight sen or 13.4% to 67.5 sen, with 90.47 million shares traded, being the second most actively traded across Bursa Securities."
https://theedgemalaysia.com/node/680355

Posted by EVO118 > 2 days ago | Report Abuse

Wake up . These postings are old news. like a year ago. Today there is no mention of any of Botak's counters going to be involved in Forest City SFZ. Stop druming this illusion. The opportunity is gone , new set of parameters.

Posted by laulau > 2 days ago | Report Abuse

How large is JS-SEZ? Very sure Ekovest & IWCity will be very much involved?

KUALA LUMPUR (Oct 18): Johor-Singapore Special Economic Zone (JS-SEZ) will cover an area governed by six local authorities in Iskandar Malaysia and Pengerang, according to the Ministry of Finance.

The sites in southern Johor proposed by the state government would span an area about five times larger than Singapore, the ministry said in the 2025 Economic Outlook report. At over 3,500 square kilometres, the zone would stretch from Kulai and part of Pontian to Pengerang.

“The development priority of the JS-SEZ in these areas will be guided, among others by the availability of land and infrastructure,” the report said.

https://theedgemalaysia.com/node/730599

Posted by Johnchew123 > 1 day ago | Report Abuse

9 Dec count down 6 trading day ,let see Johor theme play will appear ,quietly or push up , either one happen

Posted by laulau > 1 day ago | Report Abuse

Yes! Let the countdown Begins! Already bottom, so better book your tickets before the show begins?

Posted by Johnchew123 > 1 day ago | Report Abuse

IWCITY chart so cantik , ascending triangle ,bullish trend ,volume coming , need big volume push

Ikan bilis , mau cepat kaya , Ekovest - C 58 = 2 sen , goo..
Skim cepat kaya Come again , Ekovest - C58

Posted by EVO118 > 1 day ago | Report Abuse

The deal of the JS-SEZ was basically to fix the elephant they have created (the vacant apartments) The tax benefit was basically to try and get buyers to buy into these apartments.

Posted by Nickhew > 1 day ago | Report Abuse

C58 is going to expire soon, don't play play with this C58, high risk

Posted by EVO118 > 1 day ago | Report Abuse

It was basically for Country Garden Forest City, not for half of Johor! We will see come 9/12. They built a beautiful city but nobody wants to live there, so they created this SEZ idea. Google Forest City and you will know it is a disaster. Beautiful place but deserted!

Posted by Nickhew > 1 day ago | Report Abuse

agree with you Evo118, definitely is only fix the elephant project, to attract somebody to invest there only.

Posted by Johnchew123 > 1 day ago | Report Abuse

Abang ( UEMS ) need lead a Game start , IWCITY only will follow , follow by Ekovest , last year July is UEMS lead a Johor theme play ,from 20 sen pi RM 1.23 ,

Let see what happen after JS-SEZ officially sign agreement on 9 DEC

Market will tell u . Du guess push quickly up or quietly

Posted by EVO118 > 1 day ago | Report Abuse

I hate to say say this but I still think you are all riding on the wrong horse., need to cut lost and move on.

Posted by Chellons > 1 day ago | Report Abuse

Apa MOU itu boss

Posted by Noni > 1 day ago | Report Abuse

Tan Sri will take it up

Posted by EVO118 > 1 day ago | Report Abuse

There is definately no mention of any of Botak's stable of companies in the RTS or HSR.

JB-Singapore RTS link system's installation works may start by year-end.
https://www.nst.com.my/business/corporate/2024/11/1141335/jb-singapore-rts-link-systems-installation-works-may-start-year
No immediate need for KL-Singapore HSR amid fiscal constraints, say experts [BTTV].
https://www.nst.com.my/business/corporate/2024/11/1137901/no-immediate-need-kl-singapore-hsr-amid-fiscal-constraints-say?utm_source=nst&utm_medium=relatedarticles

Posted by Albukhary > 1 day ago | Report Abuse

Lousy AGM.
Tan Sri not even speech in the meeting.
Although I am invest heavily in Ekovest, but I must admit to said that this is a lousy AGM, nothing information has been disclose during the meeting.

Posted by laulau > 1 day ago | Report Abuse

Somebody needs to do his homework? Anyway be patient, let's wait for the SJ-SEZ agreement signing with details on 9 December!

Recap
"Ekovest is the engineering, procurement and construction (EPC) contractor for RTS Link," he said.
https://www.bharian.com.my/bisnes/lain-lain/2024/01/1207076/kemajuan-pembinaan-projek-rts-link-mendahului-jadual-asal

Posted by theyoungman > 19 hours ago | Report Abuse

Accumulate on dip as usual, do not SPC (Speculate, Punt, Contra).

Aside, HSR is a no-rush thing. It costs a lot to the investors, huge capital and thus this deal will affect their companies' cash flow... As the cost is higher and higher (inflation and raw mat prices go higher as it goes along, cost more and higher), and ROI is slow (take longer time to cover back capital and gain), and the RTS ticket price will be a big challenge, maintenance cost.. hmmmm However, as long as HSR deal is not sealed, there are rooms for syndicates and big players to give hope to the market and therefore investors and contra players/market players will be actively chasing the stocks (push up/down) to generate handsome trading volumes (anytime), so who will win and who will loss, it is depends on their own investment and trading strategies and their lucks. my2c. Cheers.