EKOVEST BHD

KLSE (MYR): EKOVEST (8877)

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Last Price

0.365

Today's Change

-0.005 (1.35%)

Day's Change

0.36 - 0.375

Trading Volume

6,342,500


34 people like this.

75,460 comment(s). Last comment by theyoungman 1 day ago

Posted by FNomad777 > 2024-02-27 19:18 | Report Abuse

Shit counter

theyoungman

1,880 posts

Posted by theyoungman > 2024-02-27 19:36 | Report Abuse

Investment is about patience. Wait for its results and growing.... At least, solid assets r the solid backbone of this co. When to be profitable, nobody know, hence it is full of imagination and unclear when it will be surging up.

If one is not keen in this bb 8877 and 1589, if so, why there were so many investors loving this bb before 0131 (31st Jan?) Hmmmm. It is strange if the co and its group including the mgmt team is koyak, idk why so many people being attracted or lured by this co from 0.30 to 0.62. Up and down is normal isn't it? 0.3 to 0.6 is 100% upside. 0.6 to 0.49 is only 18.33% downside. Errr. Idk idk idk why so many unhappiness leh.

Do not contra punt speculate, then won't be bitten by crocodiles.

Imho my2c.

anson938

2,010 posts

Posted by anson938 > 2024-02-27 21:37 | Report Abuse

Sure green...

linheng

1,371 posts

Posted by linheng > 2024-02-28 06:25 | Report Abuse

Have find its bottom at 48 and 48.5 cents. Shd go up again to 51.5 cents

fl888

7,691 posts

Posted by fl888 > 2024-02-28 08:06 | Report Abuse

T2 & T3 for those who bought between 50- 51 cts today…

theyoungman

1,880 posts

Posted by theyoungman > 2024-02-28 11:20 | Report Abuse

Queuing waiting for sharks to dump down a bit.

Lewis Lee

1,678 posts

Posted by Lewis Lee > 2024-02-28 11:32 | Report Abuse

Coming qtr result reporting loss for sure !!! 😭

theyoungman

1,880 posts

Posted by theyoungman > 2024-02-28 11:38 | Report Abuse

@Lewis
Oh. If so, can buy cheaper liao.
We surely miss RR d 😂

Albukhary

3,001 posts

Posted by Albukhary > 2024-02-28 11:43 | Report Abuse

Loss is good, when Ekovest share price sink below 45sen, then I believe all Ekovest shareholder will accept the proposal proposed by LKH, whereby they can issue share at 60sen to acquire Knusford and IWCIty...etc.

Because when Ekovest share price above 60sen, all shareholder will reject the proposal, they will said not fair, 60sen to cheap....etc.

theyoungman

1,880 posts

Posted by theyoungman > 2024-02-28 12:07 | Report Abuse

Good sharing.
Good to have chance to accumulate on dip. Sharks can press down whatever ways they want. 大家都醉了,一定要有一些人要清醒leh。

Come on OPs, waiting for you to throw 1 bid, save 1 bid also good. 🤞👍

theyoungman

1,880 posts

Posted by theyoungman > 2024-02-28 14:58 | Report Abuse

Got it liaooo the buy Q. Investors dump down.

Kering liao.

Do not contra, punt and speculate. Spare cash only. Avoid using margin facilities and loans.

Happy investing guys.
Gong xi fa cai.

Chellons

102 posts

Posted by Chellons > 2024-02-28 17:07 | Report Abuse

Dump continues for 2 weeks in a row.

theyoungman

1,880 posts

Posted by theyoungman > 2024-02-28 17:12 | Report Abuse

Result out?

theyoungman

1,880 posts

Posted by theyoungman > 2024-02-28 17:14 | Report Abuse

@Chellons, ya, program selling to lock profit by op and investors, everyday down half c 1c like that.
But if strong and hot time, one day can shoot up 3c to 5c, 2 days terus touches 0.6 liao, that price will lure LKC to come out again hehe

Posted by FNomad777 > 2024-02-28 17:15 | Report Abuse

confirm result is shit thats why wait till last minute. everyone RIP liao

theyoungman

1,880 posts

Posted by theyoungman > 2024-02-28 17:20 | Report Abuse

@FN sentiment isn't good. And market profit taking. YTL also surged up too much already. It is weakening and bring CI down a few points too.

Wow. Country Garden winding up case again?

https://www.bloomberg.com/news/articles/2024-02-28/china-s-country-garden-gets-winding-up-petition-in-hong-kong

Lai Yu

79 posts

Posted by Lai Yu > 2024-02-28 18:03 | Report Abuse

Welcome RM 0.445

Posted by Permutation > 2024-02-28 18:43 | Report Abuse

Avoid loss making counter? I believe so.

Lewis Lee

1,678 posts

Posted by Lewis Lee > 2024-02-28 18:46 | Report Abuse

Tomorrow limit down to 0.10 for sure !! 😭🤣

anson938

2,010 posts

Posted by anson938 > 2024-02-28 18:48 | Report Abuse

Pls dun waste ur time here.... Invest other valuable stock than these kind of lousy stock

ivanlau

1,377 posts

Posted by ivanlau > 2024-02-28 19:00 | Report Abuse

tyxxp few day ago buy call this stock in FB, today QR like shit....... a lot of followers will fly to holland soon............

sugerdad

93 posts

Posted by sugerdad > 2024-02-28 19:05 | Report Abuse

tyxxp 只是水王,厉害吹而已。它的投资不咋地。靠卖课程起家。mco明显证实它的实力只会带大家去荷兰。叫会员all in手套,结果大家心知

Felix888999

1,642 posts

Posted by Felix888999 > 2024-02-28 19:15 | Report Abuse

还有一个Dr. Eggwin 半桶水, 大大声讲买进Serbak RM1.80. 哈哈哈哈哈哈 跌到他阿妈都不认识。🤣🤣🤣🤣🤣🤣

theyoungman

1,880 posts

Posted by theyoungman > 2024-02-28 19:23 | Report Abuse

sugerdad,哦。你有follow那个ty?wow。

theyoungman

1,880 posts

Posted by theyoungman > 2024-02-28 19:25 | Report Abuse

Wow. 1H result so terrible?
No eyes see tomorrow. 😵😵😵
Stuck liao. This botak very jialat.

anson938

2,010 posts

Posted by anson938 > 2024-02-28 19:33 | Report Abuse

Let us together to throw down the price to south..

trader808

309 posts

Posted by trader808 > 2024-02-28 19:34 | Report Abuse

1.Ekovest has just announced its 2nd quarter result. The numbers are bad and alarming.

2. I have written extensively and fundamentally about Ekovest. The company has great dreams but small value. It works hard but produce no result or negative results.

3. You have been forewarned repeatedly to get out months ago. Nothing good happens here. Bad days have arrived and the worst days are still ahead of them.

4. This is a short posting. I wish to end it by informing that the 4 months time period allocated for the due diligence of the mega proposal to reorganize, rationalize and merger of sisters companies is due on 27th Feb. 2024

5. There is no announcement and follow up news. It is not forthcoming. Where is the management commitment. Are you truly forgiving and continue to stay invested. Think again and think wisely.

6. The choice is yours.
28/2/24

anson938

2,010 posts

Posted by anson938 > 2024-02-28 19:38 | Report Abuse

Luckly bought YTL instead of ekovest as advise by my friend...

Realrich

1,410 posts

Posted by Realrich > 2024-02-28 19:45 | Report Abuse

Die making huge losses again. Told you all as already ekovest difficult to earn profit. More projects more losses.

NorazmiAR

104 posts

Posted by NorazmiAR > 2024-02-28 19:47 | Report Abuse

The Group had also experienced steady increase in toll revenue for Duke Phase-1 and Phase-2
upon the upliftment of the MCO since October 2021, and with the full opening of the SPE on
3 November 2023 will further improve the toll collection revenue under this operating segment,
notwithstanding that financing costs for SPE will no longer be capitalised in the financial
statements once the full opening of SPE.

NorazmiAR

104 posts

Posted by NorazmiAR > 2024-02-28 19:47 | Report Abuse

For the current reporting quarter, the Group reported a higher revenue as compared to the
immediate preceding quarter mainly due to higher contribution from the construction segment on
SPE Highway project. The net profit after tax has decreased from RM2.643 million to a loss of
RM50.831 million mainly due to the increased recognition of finance cost and deferred tax
liabilities from the toll operations’ segment as compared to immediate preceding quarter. With the
full opening of the SPE Highway on 3 November 2023, the financing costs incurred will be fully
expense off in the financial statements as compared to immediate preceding quarter where the
interest incurred was capitalised.

Realrich

1,410 posts

Posted by Realrich > 2024-02-28 19:47 | Report Abuse

I told you all already Feb go to 0.25 below. You all not listen to me

NorazmiAR

104 posts

Posted by NorazmiAR > 2024-02-28 19:48 | Report Abuse

The Group has finalised the financial
requirement and the authorities’ submission, and planned to launch the upcoming new property
development, EkoTitiwangsa by the next quarter. As for the construction segment, the Board
expects that the on-going rationalisation of the construction scope under the RTS Link project will
contribute positively to the Group’s future construction revenue and earnings. In addition, the
Group is continuously working closely with Government on various infrastructure projects.

NorazmiAR

104 posts

Posted by NorazmiAR > 2024-02-28 19:49 | Report Abuse

Our subsidiary, PLS Plantations Berhad (“PLS”), is in a transition phase from its core business in
traditional oil palm plantation to the broader agrofood industry. PLS’s transformation journey from
the cyclical oil palm plantation to a more diversified range of upstream and downstream activities
will require a longer gestation period. In particular, the gestation period for the durian trees is
about 4 to 5 years and thus, the bulk of our durian revenues are now mainly from trading activities.
In the near term, PLS will continue its current rehabilitation and sanitation works with emphasis
on recommended plantation practices to improve the production yield of its oil palm estates,
matured durian plantation and contract farm. In addition, PLS will continue to work closely with
its current and prospective business associates to improve the retail offtake rate of downstream
durian products by offshore wholesalers and end consumers. Concurrently, upstream investment
in durian plantation will continue to be a mainstay of PLS to complement its existing downstream
business while waiting for PLS’s durian farm to be matured and fruitful in 3 to 4 years.
This is in line with the long-term group strategy to expand and diversified into other businesses
to reduce dependency and reliance on our existing businesses in construction and property
development.

fl888

7,691 posts

Posted by fl888 > 2024-02-28 20:04 | Report Abuse

Loss due to finance cost and deferred tax liabilities recognition… should rebound tomorrow…

Eagle77

6,553 posts

Posted by Eagle77 > 2024-02-28 20:05 | Report Abuse

@NarazmiAR…good explanation great future ahead for Ekovest 😎🤞money +++⬆️✅

Eagle77

6,553 posts

Posted by Eagle77 > 2024-02-28 20:17 | Report Abuse

The average stock forecast for Ekovest Bhd (EKOVEST. KL) in the next 12 months is ⬆️✅1.12 MYR. This price target corresponds to an upside of 126.67%.

Posted by HuatRex1314 > 2024-02-28 20:20 | Report Abuse

Only those didn't read thru the qr will crying with this repeated losses qr.

Posted by HuatRex1314 > 2024-02-28 20:21 | Report Abuse

Reported*

Eagle77

6,553 posts

Posted by Eagle77 > 2024-02-28 20:26 | Report Abuse

Reading the accounting report not like reading a story book or judge it thru its cover guys 😎

Accounting reports are periodic statements that present the financial status of a company at a certain point in time or over a stated time period. It details business transactions and operations. They are a compilation of financial metrics that infers from a business's accounting records.

FrankKY

132 posts

Posted by FrankKY > 2024-02-28 20:38 | Report Abuse

@Huatrex, They shout louder and wish to get it lower... will start again to test the water tommorow... lol...

Posted by FlashParadox > 2024-02-28 20:38 | Report Abuse

what a shocking q2 result.. Nvr mind, at least it's a chance to grab it at cheaper price

FrankKY

132 posts

Posted by FrankKY > 2024-02-28 20:40 | Report Abuse

(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”).

Eagle77

6,553 posts

Posted by Eagle77 > 2024-02-28 20:47 | Report Abuse

OTHERS EKOVEST BERHAD ("EKOVEST") MEMORANDUM OF UNDERSTANDING BETWEEN EKOVEST, SHENZHEN MAOXIONG CO LTD ("MX") AND ANXI COUNTY PEOPLE'S GOVERNMENT ("ANXI COUNTY OFFICE")

Reference is made to the announcements dated 26 July 2023 and 30 November 2023 in relation to the Memorandum of Understanding ("MOU") signed with MX and Anxi County Office concerning cross border socio economic collaboration which include but not limited to conceptualization, planning, prioritizing, financing and implementation of property development, infrastructure development and fresh produce, agriculture and aquaculture distribution and processing development in both China and Malaysia ("Proposed Cross Border Socio Economic Collaboration").

# Will materialise soon and contribute huge revenue to the company.

anson938

2,010 posts

Posted by anson938 > 2024-02-28 20:59 | Report Abuse

I git saw the related MOU annoucement justnow, can trust?

Eagle77

6,553 posts

Posted by Eagle77 > 2024-02-28 21:16 | Report Abuse

MOU then follows by implementation.

Lewis Lee

1,678 posts

Posted by Lewis Lee > 2024-02-28 22:03 | Report Abuse

Can you trust conman s announcement ?

theyoungman

1,880 posts

Posted by theyoungman > 2024-02-28 22:19 | Report Abuse

Short term fluctuations can't be avoided with such a result. Tomorrow is a good timing for traders, syndicates, market makers to make big vol traded and it might go to top 10 vol and in red. Hmmm. Those investors who had already invested, what to do. Let's see how it goes ba.

anson938

2,010 posts

Posted by anson938 > 2024-02-28 22:23 | Report Abuse

Share price drop to 0.4+++after yearly high @0.62, these was the best gift to existing shareholder & for those allegiance to these ekorvest counter within a year +++

Eagle77

6,553 posts

Posted by Eagle77 > 2024-02-28 22:25 | Report Abuse

OFFICIAL ANNOUNCEMENT 📣

OTHERS EKOVEST BERHAD ("EKOVEST") MEMORANDUM OF UNDERSTANDING BETWEEN EKOVEST, SHENZHEN MAOXIONG CO LTD ("MX") AND ANXI COUNTY PEOPLE'S GOVERNMENT ("ANXI COUNTY OFFICE")

# Good news ⬆️✅😎🤞

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