Posted by theyoungman > 2024-01-30 21:15 | Report Abuse

Looks like they are gorenging 1651 haven't end leh.

MRT3
https://theedgemalaysia.com/node/699104

Posted by sugerdad > 2024-01-30 23:29 | Report Abuse

hope bandar malaysia open soon

Posted by Shines > 2024-01-31 03:12 | Report Abuse

Bro tym, normally the lows will go lower again, unless the next waves come along soon

Posted by theyoungman > 2024-01-31 07:49 | Report Abuse

Sugardad oh ya. BM.
Shines kor, ic. Let's wait lo

Posted by anson938 > 2024-01-31 09:03 | Report Abuse

Daulat Tuanku

Posted by theyoungman > 2024-01-31 09:23 | Report Abuse

Anson gm. Go

Posted by anson938 > 2024-01-31 09:39 | Report Abuse

TYM good morning. Go go go...

Posted by theyoungman > 2024-01-31 09:51 | Report Abuse

Ya. Be patient is the key. Tuanku will give angpows. But, do not contra.

Posted by theyoungman > 2024-01-31 10:24 | Report Abuse

Laiiiiii

Posted by curiousq > 2024-01-31 10:27 | Report Abuse

Market condition NG, don't put too much hope

Posted by theyoungman > 2024-01-31 10:33 | Report Abuse

Yes. Mkt condition cautious. Affected by china property giants problems. Evergrande & Country garden again but this is nothing new.

Posted by theyoungman > 2024-01-31 13:11 | Report Abuse

https://youtu.be/Uw04CiWfb_o?si=-73e0YQQYWQRmU7N

Posted by theyoungman > 2024-01-31 14:09 | Report Abuse

New boss on board.
RTS, LRT
RTS
Bandar Malaysia how eh?
MRT3
.....

Posted by OTB > 2024-01-31 14:49 | Report Abuse

DUKE highway was jammed and crowded from 5.00 pm to 8.00 pm on last Friday.
I believe toll collection from DUKE should be good.
Based on my study, the DUKE highway should worth 1.69.

Ekovest has many big projects in Johor, I believe the boss of Ekovest has very good relationship with new Agung.
Thank you.

Posted by VincentTang > 2024-01-31 15:01 | Report Abuse

Top up 5000 lots Ekovest at 0.57

Posted by theyoungman > 2024-01-31 15:01 | Report Abuse

Goooo

Posted by theyoungman > 2024-01-31 15:11 | Report Abuse

Vincent, Sailang liaoooo ah.
Hold tight.

I dry liao. Can't topup anymore.

Posted by OTB > 2024-01-31 15:19 | Report Abuse

The share price of Ekovest is still in consolidation mode, how long ? No one knows it.
The show will start when the share price of Ekovest crosses 0.62 convincingly to form a breakout from a "Cup And Handle Chart" formation.
Thank you.

Posted by theyoungman > 2024-01-31 15:23 | Report Abuse

OTB nice analysis. Tq
They purposely press down again 0.56/0.565.
Comrades and investors, hold tight. It will come but nobody knows when....🤣🤣😅😅💯💯

Posted by FrankKY > 2024-01-31 15:47 | Report Abuse

Duke 1 & 2 traffic volume was just slightly below LDP but the toll rate was higher.

Posted by theyoungman > 2024-01-31 16:08 | Report Abuse

Vincent, investors kena trapped again. Nvm. Hold tight and be patient.

Do not contra, do not punt, do not speculate, and do not use margin facilities, then, they can't catch and hang up all investors.

Posted by theyoungman > 2024-01-31 17:52 | Report Abuse

Any chance for RR to come out to talk again soon? 250? 😂🤣

Posted by theyoungman > 2024-01-31 18:32 | Report Abuse

@OTB

I have just read some posts of yours and saw you have been hentam rr88 also. 😂😂🤣🤣 Well done. 💪💪👍👍

Posted by trader808 > 2024-01-31 20:25 | Report Abuse

1.After an impressive run, the bulls of Ekovest has stopped charging. There is visible sign of fatigue. The volume is declining and the share price is falling. Ekovest has entered into the phase of consolidation.

2. At the closing price of 55.5 sen, the cup and handle formation is still relevant. However, It could all change if its breaks below 52sen. Technically the cup and handle will be destroyed and it could take on a different but damaging shape and form.

3.When it happens, than it would be a course for concern. The double bottom that seem improbable and a distance reality could become a near certainty. On a worse and ugly scenario, share price could revert back to 43.5sen forming the right bottom basing on the candlesticks chart.

4.You have a right to disagree but anything can happen in the stock market. This is very true just like no one can predict the insanity and much less calculate the madness of Tan Sri Lim KC an insider and director selling million of shares every time when it soars beyond 60 sen.

5. Ekovest has only recently attracted significantly huge interest to its counter. This was fueled by the mega proposal by TS to reorganize, rationalize and to merge its sisters companies to form a conglomerate.

6. There is also wide spread and coverage by research house on the quality and value and its near term monetization of highway assets. The perpetual optimist has accorded Ekovest a target price of 1.16. Other IB believe the Duke1&2 plus SPE are worth Rm11b+ and after deducting the borrowings the highway alone could worth more than Rm1.48 per share.
7. Indeed there is value in Ekovest. Let us try to structure a time frame for its monetization and realization of its quality assets and value.

8. Everything happens with a process and follow a sequence. Therefore, we cannot and it would be foolish to put the carriage before the horse. Now Tan Sri has a mega proposal and the pure intention is to sell his private equity into Ekovest the listed entity in exchange for 1.9b new shares at 60 sen consideration price.

9. Hence, for as long as the new shares are not credited into the CDS account of TS it is unlikely and premature for him to play an effectively meaningful role to push up the share price.

10. With this perception, we could picture and figure out a possible but hypothetical process and sequence of preceding events before the share price to shoot to the sky. And here it is.

11. The proposal was announce on 27th.Sept 2023. It was accepted after one month on 27th. Oct 2023. They have agreed to allow a time of 4 months to conduct the due diligence. This means the completion month of due diligence will be in Feb 2024.
Assuming they need another month to work out the definitive agreement it would be Mar 2023.

12. Next they will engage Investment banker IB to work out the final proposal and submit to SC. This would take say another month and also maybe another month for SC to consider and evaluate its proposal. Additional information may be need and by the time when the approval is obtained it could be in the month of July 2024.

13. Next they will work out and dispatch the circular and convene EGM to obtain shareholders' approval possibly in Sept 2024.
14. By the time they execute the terms of the proposal and the transferring of assets and ownership and issuing of new share to respective parties, it could be December of 2024.

15. In the meanwhile when the proposal is not completed and the new shares are not in the hands of beneficial parties, i think a sharp and helicopter rise in share price is unexpected and unforeseeable.

16. Nevertheless, the scenario has provided an opportunity to trade in a range bound of between 43.5sen and 61.5 sen. Time it correctly, one could still trade and make a fortune while waiting for the monetization of highway assets.

17. Again, this is my personal opinion and laymen perception of the counter.
I could be completely wrong.

18.So read it with a pinch of salt and
apply with skepticism.

31/1/2024

Posted by FrankKY > 2024-01-31 20:42 | Report Abuse

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=141634&name=EA_GA_ATTACHMENTS
2. INFORMATION ON CREDENCE
For information purpose, TSDLKH had, vide the Proposal Letter, also proposed a merger of
the properties and assets of IWH and IWCity under a single entity through the acquisition of
the entire issued share capital of all the existing direct subsidiaries of IWH by IWCity
(“Proposed IWH-IWCity Assets Amalgamation”). In this regard, IWCity had on even date,
announced that it and TSDLKH have mutually agreed for an extension of 3 months
commencing from 28 October 2023 to 27 January 2024, with an automatic extension of
additional 3 months, to grant more time to IWCity to assess, evaluate and deliberate the
Proposed IWH-IWCity Assets Amalgamation in details and to commence discussions and
negotiations on the terms of the binding heads of agreement or its equivalent between the
parties.

(d) Execution of Definitive Agreement and exclusivity period
(i) The Parties shall use their best endeavours and efforts to negotiate in good
faith and execute the Definitive Agreement within four (4) months following
the date of the HOA, with an automatic extension of three (3) months upon
the expiry of such four (4) months period, or such further extended date as
the parties may mutually agree upon (“Expiry Date”).

I m a bit confuse between above two clauses, can someone enlighten? TQVM

Posted by theyoungman > 2024-01-31 21:20 | Report Abuse

https://thesun.my/local_news/js-sez-federal-johor-govts-to-hold-meeting-to-fine-tune-several-policies-BG12050076#pk_campaign=MASwpn&pk_kwd=JS-SEZ%3A+Federal%2C+Johor+govts+to+hold+meeting+to+fine-tune+several+policies

We still have years to invest.
Slowly.

Posted by theyoungman > 2024-01-31 21:26 | Report Abuse

@trader808, good article. Thumbs up for spending time to write and share. Well done. ❤️

Posted by FrankKY > 2024-02-01 20:17 | Report Abuse

https://www.orientaldaily.com.my/news/nation/2024/02/01/628142

Posted by soon9913 > 2024-02-01 23:58 | Report Abuse

hsr and MRT3 will take few years to awards

Posted by anson938 > 2024-02-02 08:58 | Report Abuse

ACCUMULATED MODE... Awaiting LKH:s proposal to be exercise, it could happen anytime

Posted by theyoungman > 2024-02-02 09:03 | Report Abuse

@soon

Ya. HSR still long way to go. So, the mkt still have lots of upside potential in long run. And, JB LRT.... 👍👍👍

Slowly and surely.

Posted by Shines > 2024-02-02 09:12 | Report Abuse

OMG all tge Johore wind blowing reversed

Posted by monreyes > 2024-02-02 09:26 | Report Abuse

no angpow kah ....

Posted by Johnchew123 > 2024-02-02 09:30 | Report Abuse

Afternoon close green , volume coming , big ang Pow dragon year will reward u all ,

Posted by anson938 > 2024-02-02 09:32 | Report Abuse

@john, sure..... Big big ang pow

Posted by theyoungman > 2024-02-02 09:39 | Report Abuse

John, Anson,
Super agree, true. Let's go.
This drop is wayang, no buyer support intentionally.

Posted by theyoungman > 2024-02-02 09:40 | Report Abuse

Bear in mind, do not punt, contra and speculate. Hold tight. Go for mid long term, handsome ❤️

Posted by anson938 > 2024-02-02 09:53 | Report Abuse

Buyer coming...

Posted by sonyx123 > 2024-02-02 10:38 | Report Abuse

gone case already?

Posted by Investorrr > 2024-02-02 10:48 | Report Abuse

if closed below 0.525, will there be a violates of the cup and handle formation? more than 50% of the fiboncc from 0.62?please advise tq

Posted by OTB > 2024-02-02 10:56 | Report Abuse

KLSE is a bull market in 2024.
Uptrend is still intact.
I will buy if the share price drops.
No worry.
Thank you.

Posted by anson938 > 2024-02-02 11:32 | Report Abuse

Later Agung bertitah:,fastern the project HSR, no excuse for any delay..... Then you will see how strong ekovest & IW running up..

Posted by Lewis Lee > 2024-02-02 12:25 | Report Abuse

Sifu OTB, you might write to Tiang Sri LKC not to dump shares at 0.60 ... then only retailers got hope lah !! 😅😅

Posted by OTB > 2024-02-02 14:22 |

Post removed.Why?

Posted by theyoungman > 2024-02-02 14:38 | Report Abuse

Hi guys. Cny sales.

Mcm hot sales je. Haha. Whoever bought high, recently, sure have Paper loss liao (do not contra and punt ya)
No bullet liao. Sabar je.

Posted by theyoungman > 2024-02-02 14:41 | Report Abuse

Agree w Lewis.
LKC, if he got gut, continue to dump now leh. We will sokong him. The more he sells, the more investors get cheaper tickets. He needs $ for cny angpow and renovations, wash & polish cars, etc. Hehe.

@otb is great ya. 💪

Posted by curiousq > 2024-02-02 15:31 | Report Abuse

OMG !! avalanche sliding

Posted by theyoungman > 2024-02-02 15:56 | Report Abuse

Jibby jail term slashed half to 6yrs 🤣

Posted by Johnchew123 > 2024-02-02 16:03 | Report Abuse

BSKL No volume market , investor sell share n cash out money for celebarate Chinese New Year , next week Ekovest will rebound back to 58 - 60 sen

Posted by theyoungman > 2024-02-02 16:04 | Report Abuse

Wow. Mkt cooling down, is good for investors to accumulate on dip for the next upside. So, CNY no angpow already. The only angpow today is Jibby jailed for another 6yrs only, not 12😂