Agreed with you 7773 is profitable company and is EP business subsidy by budget currently run melaka plant with China fortune 500 company leading the EV car business long term will takevover the car market of Malaysia
Shines kor. Try to avoid contra loh. Those who wanted to contra, usually they might purchase qty bigger than what they can afford to pick up. So, avoid lo. Else will be causing the share price to drop if more than 50% r contra kaki. But, on the other hand, because of contra kaki, they chase and push up share price? Hihihi. Ha.
Bro tmy, good luck morning. The shorties are the one to be blame for our share market lack gesture, the contraians are still acceptable to me. Win or lose is their own style of play
I wonder johor sultan be the next king we all know long time already. What difference tomorrow just is an announcement. We all don't see the high inflation high Sst high interest rate make the construct cost increase revenue decrease profit margin drop. Maybe making lose. All are not look at fundamental just goreng what ever you want. And people buy expensive ticket operator throw to you. You run also no time to run
Can Tan Sri Dato Lim convince Ekovest,Knusford, IWH and IWCity to sign the Heads of Agreement for his proposal Reorganisation Plan by 5.00 p.m. dateline of Oct 27,2023?…valuing Ekovest at 60cts per share
8877 big loss is not new already. 1589 in financial result trouble during COVID-19 causing it to trigger regulatization plan (enforce by Bursa by law).
As mentioned. If worrying about 1589 Paragraph 8.03A, then may try to go for one of the super laggard stks 1651 CB, safer and less worry (dare not to say no risk at all, in investment world, all have risks).
Ekovest revenue generated but too many subsidiary making losess become he every quarter lost 109 million. The amount is huge I'm worry the capability for him to develop project 2026
Refer to the announcement is start to discuss within 3 month term and conditions and arrange egm to approve after that SC approve. Ekovest issue new share 0.60 to related company. For my understanding not easy to seek the shareholder approval because Knutsford share price is 0.845 but the offer price is 0.60. Furthermore ekovest issue new share will diluted the current shareholder share. The share price will diluted. We hold the same amount of share but the number of share increase our % share holding will diluted.
Good news or bad news need to see the market on Monday because it just a start discussion not yet finalised and issue new share is diluted existing shareholder share. It is not fair to existing shareholder. So egm might not be approved. Furthermore you can see iwcity Knutsford all is running huge losses. If ekovest hold more share of this two losses maker. Their financial result for 2024 to 2026 become very bad and ekovest share more losses with them
If you remember the september letter of proposal come out the share price is drop so let see Monday market or any other analysis give any comments on this
RTS is confirm running, the development speed is extremely fast. From Jul 40% have reach 52% in September. By year end will reach above 65%. At this rate, it can complete early than expected.
Once the RTS is done, all the hot money will flow in. Ekovest will be the first to tap in. Start to develop land surrounding bukit cagar. Plus all the land in Johor Bahru city centre.
Next will be HSR, to be announce in November. Bandar malaysia will be back. By then, ekovest will benefit directly because IWH already with the group. This round is very firm because Agong is from Johor, sure will push for it! The timing is right this time!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Shines
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Posted by Shines > 2023-10-25 13:07 | Report Abuse
Bro tym, can play contra but must be prepared to pick if cannot contra