Posted by theyoungman > 2024-02-09 10:54 | Report Abuse

@executiontrade
So many types of vehicles ah? 😂
Gong xi fa cai

Posted by OTB > 2024-02-09 12:18 | Report Abuse

I still believe in "Cup And Handle Chart" formation.
Once the share price of Ekovest can break above 0.62 convincingly, then the "Cup And Handle Chart" is well formed.
I believe the share price of Ekovest will skyrocket up the roof.

It is the same scenario as YTLPower chart on 25/7/2023.
A "Cup And Handle Chart" was formed when the share price breaks above 1.34 on 25/7/2023.
What is the share price of YTLPower now ?
My 2 cents comment.
Thank you.

Posted by theyoungman > 2024-02-09 13:43 | Report Abuse

Today may close surge up and green. Next Tuesday open ONG and might be all the way to OTB 0.62

HUAT ❤️❤️💪💪

LKC tgh happy new year and his angpow$ and renovation and buy arak duit already settled. He will be a good boy.

Posted by OTB > 2024-02-09 15:53 | Report Abuse

According to my whatsapp messages, foreigners are net buyers in KLSE from 5/2/2024 till 8/2/2024.
Hope for a bull market in 2024.
Hope for a CNY rally in next week.
Good luck.
Gong Xi Fa Cai to all readers here.
Thank you.

Posted by FlashParadox > 2024-02-09 16:25 | Report Abuse

Last day for hopping rabbit. We enter the dragon tomorrow 😁

Posted by aiaili > 2024-02-09 23:39 | Report Abuse

🐲🐉

Posted by Shines > 2024-02-10 04:11 | Report Abuse

恭喜发财
龙年大吉又大利,
祝各位赢大钱💰
兴啊! 旺啊! 发啊.

Posted by Matccom > 2024-02-10 20:12 | Report Abuse

Hi all,

What is the net cash / assets and debts / liabilities of Ekovest?
Can anyone share about this or the hyperlinks?

Posted by theyoungman > 2024-02-12 20:38 | Report Abuse

To all investors, huat huat huat...

Aiaili is here again, miss u & loving u. ^_^

Posted by aiaili > 2024-02-12 21:52 | Report Abuse

uncle lunar ang pau please.........................😉

Posted by theyoungman > 2024-02-13 08:05 | Report Abuse

Gong xi fa cai aiaili.

Posted by theyoungman > 2024-02-13 10:30 | Report Abuse

anson，good news leh. Cash$$$$
And it was sold to Epf? Woww

Posted by Johnchew123 > 2024-02-13 10:57 | Report Abuse

Market NO VOLUME , investor still new year mode oversea trip ,not yet back , expect next week “ SHOW TIME “ will begin

Posted by FrankKY > 2024-02-13 11:15 | Report Abuse

https://www.google.com/amp/s/www.nst.com.my/amp/business/corporate/2024/02/1012731/epf-ekovest-considering-listing-duke-highway-concessionaire

Posted by Shines > 2024-02-13 13:06 | Report Abuse

Yeah, waiting for this progressive news.
Ong mari ong mari

Posted by OTB > 2024-02-13 15:19 | Report Abuse

I want to see the FBMKLCI index up today on the first day of trading after CNY.
This phenomenon will confirm my belief that 2024 is a bull market in KLSE.
The higher the FBMKLCI index rises, the better will be our KLSE performance.
Good luck and pray hard.
Thank you.

Posted by trader808 > 2024-02-13 15:24 | Report Abuse

1. I am not pouring cold water. Today's announcement is not really a positive news.

2.Ekovest has divested the highway assets to EPF in 2010. It was structured with an exit clause of monetization. The announcement this morning served to confirm that Ekovest has failed in its ability to monetize the DUKE highway assets in which EPF has a 40% stake.
3.Hence, Ekovest is seeking an extension of time of 1 to 2 years from EPF to discharge its contractual responsibility and obligation.

4. If you have purchased Ekovest in anticipation of the monetization of Duke highway, it is not happening any time soon. Digest the news wisely.

5. Just like many of us I am disappointed too.
Happy trading.
13/2/24

Posted by theyoungman > 2024-02-13 17:50 | Report Abuse

@爱爱李来给红包。Miss u ❤️❤️❤️

Posted by Shines > 2024-02-13 18:14 | Report Abuse

No doubt we have to wait

Posted by RISK8888 > 2024-02-13 19:19 | Report Abuse

Trader808, the delay is anticipated to me because of lockdown MCO. Traffic reduce significantly and ekovest unable to justify good valuation for the highways. Now everything is back to normal, is time to get the best valuation for duke 1&2, and for SPE, it need a year to 2 to obtain its valuation due to newly open. So 2026 is reasonable.

Posted by RISK8888 > 2024-02-13 19:20 | Report Abuse

So is a good news!

Posted by Lai Yu > 2024-02-13 21:00 | Report Abuse

Wondering, when kasturi listed. Except for Ekovest, the price will rise. Will those of us with regular shares for Ekovest also be assigned regular shares for kasturi?

Posted by bliss99 > 2024-02-14 01:14 | Report Abuse

RISK8888 - fully agree with you. This is simple logic and commom sense

Posted by bliss99 > 2024-02-14 01:15 | Report Abuse

it is a good news - management is putting attention on listing

Posted by newbie8080 > 2024-02-14 10:27 | Report Abuse

@bliss99

According to Bursa announcement, EPF is exiting it's investment in Duke.

How is it a good news?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3421266

Posted by trader808 > 2024-02-14 10:36 | Report Abuse

1.In securities analysis, there is a difference between positive news and good news.
On 13/2/24 i wrote and here it is.
*I am not pouring cold water. Today's announcement is not really a positive news.*

2. Positive news are news that would show the company's movement, progress and advancement towards its goal. Now Ekovest has originally set a goal to list and monetize its highway asset in 2016. This did not happen and the fact that it has applied for a 2 years time extension simply implied that it has not made any meaningful movement, progress and advancement towards its goal.
Hence, it is not a positive news.

3. On the other hand, a good news is a news that has beneficial impact and effect and would aggressively push up share price. Ekovest was trading at 52.5sen before the announcement of your definition of good news. After the announcement the counter closed 2 sen higher.
Does good news only push share price higher by 2 sen?

4.Notice that, according to some investment bankers and research house, the highway is worth close to 11b and after deducting all its debts, the value per share from the highway alone is between 1.49 to 1.69
The current trading share did not reflect this value and hence, it is not a good news.

5. It is not a positive news, and neither is it a good news. So what it is?.

Yesterday's filing and announcement on bursa is just a material information the company must disclose to its shareholders and the public on the progress and development concerning its contractual obligations with EPF. It is a listing requirement and part of the reporting regime.

6.Material information is information that has an impact and would affect the current and future prospects of the company. It must be communicated to the investors and stakeholders to enable them to make informed decisions.

7. The announcement has attracted some buying interest, but a helicopter rise in share price with speed and certainty is not expected in the foreseeable.

7. Investment is about opportunity cost and efficient allocation of scared resourses capital. If you search hard enough, diamond could also be found elsewhere.
Think about it.
Happy trading
14/2/2024

Posted by RISK8888 > 2024-02-14 10:43 | Report Abuse

Trader808 is abandoning ship, so we follow. Throw ekovest!

Posted by trader808 > 2024-02-14 11:10 | Report Abuse

1.Writing and posting on i3 is my pastime and hobby. The short write up reflects my personal perception and opinion of the counter. It is not a recommendation to buy or sell and certainly not intended to influence your investment decision and strategy.

2. I am not an expert and much less a professional.
3. I could be completely wrong. So, make your own decision.
Happy trading
14/2/2024

Posted by Johnchew123 > 2024-02-14 11:35 | Report Abuse

NEW YEAR mood , Market NO VOLUME , investor only back next week , QR FEB on 27 FEB will judge either Ekovest can pass through 70 sen , IB Banker coment important For QR FEB n future outlook ,
“ SHOW TIME “ take effect next week

Posted by will75 > 2024-02-14 11:43 | Report Abuse

@trader808, bye, u will not be missed

Posted by theyoungman > 2024-02-14 11:53 | Report Abuse

Trader808, good post and sharing for reference. Thanks.

Posted by Yu_and_Mee > 2024-02-14 12:56 | Report Abuse

wait at 0.305

Posted by Albukhary > 2024-02-14 13:19 | Report Abuse

My view is, all ekovest related counters (i.e. Ekovest, IWCITY, Knusford, PLS) will not have any big move until the Tan Sri LKH merger proposal has been completed. My understand is this merger proposal is a 志在必得 proposal, and all majority shareholders and related parties has no objection on this proposal.

Once completed, you will see Ekovest transform become a conglomerate and it could be join the KLCI within 3-5 years.

Catalyst are :-

1) Listing of DUKE
2) Singapore KL HSR
3) Bandar Malaysia (if Ekovest can win the HSR)
4) Mega project at IWCITY landbank
5) Completion of Singapore JB RTS
6) PLS durian plantation start to export million tones of durian to China

Posted by trader808 > 2024-02-14 14:33 | Report Abuse

will75
1.You don't call the shot.

2.It is a free world.
I can write anything i like
and post any where i wish.

3. Mind your own business.
14/2/24

Posted by will75 > 2024-02-14 14:43 | Report Abuse

Continue to write a hobby then LOL. Perhaps write a book in 2024?

Posted by trader808 > 2024-02-14 15:05 | Report Abuse

1.Stop monkeying around. There is no banana on the highway of Ekovest.

2.Have not seen or heard you before. From where did you swing over.
Your suggestions are unwittingly wield and you ape mischievously.

3. You may hang around, but I have stopped to entertain you from hereon.
14/2/24

Posted by theyoungman > 2024-02-14 15:35 | Report Abuse

Thanks Trader808 for good sharing.

Happy new year and gong xi fa Cai to Trader808 and everyone.

We are sharing knowledge and info. No harm done.

I have 0 in my basket now.

China and Hk r in bad shape. DJ & Nasdaq have no reasons to surge up non stop. IMHO. Be cautious. Keep cash may not be a bad choice too. (Let go and high, buy back at lower? IDK. Usually going down hill is faster than going up? IMHO)

Cheers.

Posted by HuatRex1314 > 2024-02-14 17:17 | Report Abuse

T808 posting is so boring and very theoretical. If use your concept to invest i doubt can earn money.

Posted by FrankKY > 2024-02-14 18:23 | Report Abuse

@TYM aiya...you are fast out...I was just re-enter partially @ 0.515 before cny..

Posted by FrankKY > 2024-02-14 21:35 | Report Abuse

https://theedgemalaysia.com/node/700934

Posted by theyoungman > 2024-02-14 23:33 | Report Abuse

@Frankky,
Ya, as of now. But may come back soon anytime. I have 1651 & 8877 in my radar leh.

Posted by theyoungman > 2024-02-14 23:35 | Report Abuse

@Frankky,
https://theedgemalaysia.com/node/700934

Oh. This post is about highway co going listing oh?

Posted by FrankKY > 2024-02-14 23:48 | Report Abuse

Yup, little spilled over effect could happen to wcehb as well as ekovest

Posted by anson938 > 2024-02-15 07:58 | Report Abuse

https://www.cnbc.com/2024/02/15/asia-markets.html
Market rebound....

Posted by theyoungman > 2024-02-15 08:11 | Report Abuse

Ya Anson, market dj rebounded 151pt vs dropped 500pt 😅 USA now focusing on earnings and inflation.

Posted by Lewis Lee > 2024-02-15 08:35 | Report Abuse

Prolintas listed on 1st Q, Duke listed on 2nd Q ? Let’s pray for Huat Huat Huat ! 🙏

Posted by theyoungman > 2024-02-15 08:53 | Report Abuse

Lewis, so good oh.
大年初六
六六大顺

Posted by Lewis Lee > 2024-02-15 09:42 | Report Abuse

六六大顺
Luck luck big coming !

Posted by theyoungman > 2024-02-15 09:55 | Report Abuse

他。等待leh。来来来

Posted by theyoungman > 2024-02-15 16:42 | Report Abuse

Really a fake push up to 0.55 then press down to 0.525/0.53. what the.... Hmmm. Trap investors. Hold tight if already bought.

Btw, USA side doesn't look good. HK & China too.