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 21 hours ago

xiaoeh

2,514 posts

Posted by xiaoeh > 2024-04-02 12:05 | Report Abuse

ai ya...
nvm la..
already used to it jual siang siang harga belum naik
that is why i call myself the dumber ma..
😂

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-02 13:42 | Report Abuse

Ya. Willing buyer willing seller. it is always fair.
Contra players and daytrader r always in the mkt from time to time. It is like that. If for investment, let it be, don't watch every hour, login at night or have a beep once or twice a day will do. Price won't skyrocket one, we prefer slowly but surely.

Botak Lim, you got something to say? Hehe

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-02 13:44 | Report Abuse

@xiaoeh
The red in both 8877 & 1589 (&5148) may affect your investment decison? Red or green is normal. Happy investing. Cheers.

xiaoeh

2,514 posts

Posted by xiaoeh > 2024-04-02 13:54 | Report Abuse

Posted by theyoungman > 59 seconds ago | Report Abuse
@xiaoeh
The red in both 8877 & 1589 (&5148) may affect your investment decison? Red or green is normal. Happy investing. Cheers.

Dear TYM
it depends
what really concern me for Ekovest case are:
1) massive debts
2) high NOSH
3) high debt to equity
4) low current ratio
5) -ve earnings

i will never hold long term for the above conditions

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-02 14:52 | Report Abuse

Dear xiaoeh,
I see. Wise choice.
Let the king does something to the Johor economy loh. We are Johoreans, Daulat Tuanku 😍😍😘😘💪💪

xiaoeh

2,514 posts

Posted by xiaoeh > 2024-04-02 15:53 | Report Abuse

wait TYM
i will say something contradict now haha...
i may wait a bit while if abovementioned FA conditions don't exist

because technically
price may go up if
price can still hover above 200ma + all short-term MA still heading north

it is a 50:50 % chance
i will be happy for you guys if price would go up
or else i would consider buy back if price come down again.

happy trading

xiaoeh

2,514 posts

Posted by xiaoeh > 2024-04-02 15:57 | Report Abuse

i always agree with your statement below:

Most importantly, do not speculate, punt and contra. And avoid margin facilities and loans.-- by TYM

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-03 08:20 | Report Abuse

Dear xiaoeh, Oh. I never see chart.

xiaoeh

2,514 posts

Posted by xiaoeh > 2024-04-03 09:45 | Report Abuse

nvm TYM
see chart or never see chart not important
the way u follow that make money from stock that matter

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-03 09:52 | Report Abuse

Dear xiaoeh. True.
Chart is plotted by people. It can be used as a 2 sided knife. It is usually used by traders and people who have planned something behind. That's why some investors don't really look at charts, if they do, they may only look at the historical chart patterns, but not really into drawing lines on chart and trying to guess, guessing may not be really necessary, but it may be good for traders and punters, quick $ mah, win, run & lock profit, loss & cut, no choice loh. Many people don't have too much patience to wait. Trading won't make much money at the end of the day.

zzzzz

1,879 posts

Posted by zzzzz > 2024-04-03 10:08 | Report Abuse

continues coma in bed this counter today

Posted by Johnchew123 > 2024-04-03 11:16 | Report Abuse

Du pi tengok muka IWCITY , du tahu lah ,IWCITY koyak already

Posted by Johnchew123 > 2024-04-03 11:21 | Report Abuse

This counter some buyer n seller Automatic Q UP ( already program ) ,once IWCITY quickly jump up , Auto buyer quickly buy up Ekovest ,same also once IWCITY plunge quickly , auto seller quickly sell down ,du tak percaya du daily monitor IWCITY n EKOVEST movement .

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-03 12:26 | Report Abuse

1589 always having Paragraph 8.03A issue unsettled. It was always favorite stock in the past decade. But ever since it has this issue, I am already opt out this bb since last year (before it broke out 0.5). As long as its Regularization plan not settled, many investors will not invest in it despite it has solid land bank assets and its NOSH is 900m only vs NOSH for 8877 which is 2.9b (heavy, hard to manipulate). 921mil vs 2.9b, almost 3times fat. For investment, just bear with itwithin our ability. If not interested in this 8877, can sell all and don't watch better, use the limited fund to switch to other stock such as 1651 which may have better and comfortable deal. Sell all, washed hand, Don't watch, no scold and no pain. Still post here, meaning we are still very interested in this bb.

However, investors may invest in this 1589 bb is because of Johor and our dear King. If having faith in the state, see how loh. And, KPRJ is selling its direct holdings in the open market, why so? And who are buying? The share price is dropping is normal, because punters and contra players are in this bb, if they can't pick up those shares they bought, they have to sell off on T2. KPRJ still have alot to sell, 3%++ x 921m. Enjoy ya.

IMHO. My2c. No offence.

hhhiii123

823 posts

Posted by hhhiii123 > 2024-04-03 12:42 | Report Abuse

Be patient, once it shoot, never look back again

Posted by Jonathan Keung > 2024-04-03 13:34 | Report Abuse

Charting is an option we can used as a tool. MACD and bar charts may not be perfect but it certainly helps to indicate whether the counter is in positive or negative momentum. If all the indicators showing red signals why fight the trend. Unless you are a contarian or you have a fat bank that can hold for 2 years .

xiaoeh

2,514 posts

Posted by xiaoeh > 2024-04-03 13:43 | Report Abuse

agree to Jonathan Keung charting is a tool
simply put, it helps visualize buying and selling behaviour

Posted by Johnchew123 > 2024-04-03 17:00 | Report Abuse

Iwcity plunge , this useless Ekovest follow plunge , no need see chart if u Ikan bilis play this uselss ,du monitor IWCITY enough .
IWCITY pi 86.5 sen
This uselsss only 51 sen
If IWCITY pi 72 sen again
This useless pi again 44.5 sen

Chellons

102 posts

Posted by Chellons > 2024-04-03 17:19 | Report Abuse

Sakit hati pun ada juga. Duit raya belum ada

Albukhary

3,001 posts

Posted by Albukhary > 2024-04-03 17:38 | Report Abuse

Whenever you start to lose confidence on EKOVEST, please compare the fundamental between WCE and EKOVEST.
Then you will have faith in EKOVEST.
And you are happy to see EKOVEST share price, coz you can acquired more.
If WCEHB can go up from 20sen to RM1.20, then EKOVEST will also have chance to go up from 40sen to RM2.40.
So, just hold and regularly invest in Ekovest (not all in), by mid of 2026 sure you will see the return, provided there is no war, no earthquake, no political change, no MCO again for next 2 years.

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-03 21:58 | Report Abuse

I do agree with Jonathan and xiaoeh also regarding TA & chart is a tool and indication.
For trading, it is useful. for investment, continue to accumulate ba. If we are keen in this bb, can continue to accumulate, otherwise, should just ignore it and don't have to watch at it at all, save our time and effort (no need to scold haha, IMHO no offence).

Agree with Albukhary also. If have faith in this bb, invest on dip.
Agree with hihihi123 also, once it shoot up, won't come back again, look at 1651 as an example, takut to accumulate at 0.40+-, when hit 0.50+-, takut again. Then, once shoot up, now is above 0.6, won't turn back to 0.40 anymore, it will be going upward in near future.

speakup

26,799 posts

Posted by speakup > 2024-04-04 07:59 | Report Abuse

when the AGM for approving the corporate restructuring? coz that's when ekovest will be near 60sen

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-04 08:17 | Report Abuse

Dear Speakup, good morning.
Ya. I'm waiting for it too. Patience.

Posted by FlashParadox > 2024-04-04 10:23 | Report Abuse

When does Ekovest's AGM take place for this year?

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-04 11:11 | Report Abuse

Based on old announcement, shd be in Dec?

https://www.klsescreener.com/v2/announcements/view/5846127

Posted by Johnchew123 > 2024-04-04 11:21 | Report Abuse

Restructuring need complete on or before 29 / 5 / 24 , if no deal ON , GAME OVER EKOVEST

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-04 11:57 | Report Abuse

Thanks John.
Restructure on or not on. Still not too much impact on the price.

Without restructuring news, it was also 0.40-0.5+- range. When announced Abt restructuring proposal, it did go up to 0.62.

Placement shares were set at 0.43.

Unless the world mkt crash, else this bb will have potential to stabilize and slowly going up, the group of company with variety of businesses and if manage well, it has great potential in near future. For investment, IMHO, investors don't judge based on this proposal alone.

For investment, investors need to be rationalize and stable if loving a company and already aimed zhun zhun already then accumulating for mid long term, yes, no harm to lock profit at the right time and buy back at lower if luck permits. Some investors don't read chart and won't be influence by price fluctuation.

Daulat Tuanku is at the back. Johor is GENG Chow 🥳🥳😘😘

IMHO my2c. No offence.

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-04 11:59 | Report Abuse

Oh John, you still hold any 8877? If really don't like this company, can give it a missed and switch to other stocks better. My2c

Boringguy

1,090 posts

Posted by Boringguy > 2024-04-04 12:03 | Report Abuse

Haha..yeah agree depends on how you view the company's direction... if you think this company have a future grow and the biggest picture.. right now could be the right time to accumulate more.... RTS on hand + consolidate business unit + Duke list + bank land increase...now waiting for Govn master plan and mega project decision... if company direction aligns with Govn master plan and mega project...i think the share price will move up at the right value.

Plantermen

2,224 posts

Posted by Plantermen > 2024-04-04 12:18 | Report Abuse

Investors especially fund's manager are concerned over Ekovest direction. In Sept/Oct 2023 Tan Sri Lim has a announced a slew of exercise, group restruction and acqusitoom from its chairman {Tan Sri Lim} related private held companies. The whole purpose is to reposition Ekovest as a giant multi conglomerate with the construction arm transfer to KNUSFORD. Until today there is no news update on the planned acqusition. Minorities are still in the dark over the actual implementation dates

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-04 12:32 | Report Abuse

Agree

Shines

2,795 posts

Posted by Shines > 2024-04-04 14:12 | Report Abuse

I also agreed

Posted by Johnchew123 > 2024-04-04 16:45 | Report Abuse

Ekovest, du pi ciaksai , IWCITY tak boleh Jalan ,du pun pi ciaksai .

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-04 20:57 | Report Abuse

Shines kor, you are finally appear....
Miss you

speakup

26,799 posts

Posted by speakup > 2024-04-05 07:57 | Report Abuse

sabar! patience! TP 60sen due to corporate restructuring

zzzzz

1,879 posts

Posted by zzzzz > 2024-04-05 09:10 | Report Abuse

lower & lower...... RM0.47

xiaoeh

2,514 posts

Posted by xiaoeh > 2024-04-05 09:27 | Report Abuse

maybe share price will surge immediately once quarterly earning shows improvement

Plantermen

2,224 posts

Posted by Plantermen > 2024-04-05 10:29 | Report Abuse

Need to wait for all the group corporate restructing exercise finalisation. Of course coming quarter earnings need to show positive improvement if not why bother with this so called turn around plans.

Posted by Johnchew123 > 2024-04-05 11:14 | Report Abuse

FYI , corporate restructing need to complete on or before 29 / 5 / 24 , no deal , koyak Ekovest , sleeping 40 - 43 sen , until year year end . U all can become long long long term investor , Ikan bilis who buy above 50 sen , can kept inside fridge , become long term investor

Lewis Lee

1,678 posts

Posted by Lewis Lee > 2024-04-05 11:24 | Report Abuse

Like that fart king jia lat liao !!! 😭

Posted by Johnchew123 > 2024-04-05 13:43 | Report Abuse

Iwcity muka koyak again today , parriaa Ekovest follow plunge , look like Iwcity toward 72 sen , Ekovest again pi 44.5 sen soon

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-05 15:39 | Report Abuse

📸 Look at this post on Facebook
https://www.facebook.com/share/p/zfBYU53iTavR7rz9/?mibextid=xfxF2i

Jb land and property going crazy.

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-05 15:45 | Report Abuse

Aiyoyo. John, quite jialat leh if you live with so much unhappiness just because of 8877. This bb is nothing, it is just a company nia. If you are really super hate it, don't hold any of her, let it go ba. By doing this, our life will be longer.

So many months liao, still scolding this pariak stock.

Yes, she is pariakk and Botak is so suxxx, we will help you to pijak him, fartttt on his face and sit on him tonight and this weekend. Let's see what will happen to him. Hehe. 🤣😂😵

IMHO. My2c. No offence.

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-05 20:00 | Report Abuse

@speakup
[sabar! patience! TP 60sen due to corporate restructuring]

U r a real investor.
Investment is about patience.
Patience is the key to succeed.

Avoid speculate, punt and contra. No margin and loans.

I have to wait till this month again then add more immediately without waiting, sapu seller and let it be. Never wanna wait for 1bid difference one.

My2c.

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-08 12:30 | Report Abuse

Be patient. Hopefully price can tahan until month end (my fund in). Don't go up too fast please. 😅

Boringguy

1,090 posts

Posted by Boringguy > 2024-04-08 15:08 | Report Abuse

Should be able to wait until the month's end.. anyway my queue of 0.475 matches just now.. if the price remains in this range will add on again.

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-08 16:35 | Report Abuse

@bg,

Nice. Your patience will be rewarded.
Stay positive. Its worst is supposed to be over (< 0.40 last year). How bad can this bb performed in coming months? IMHO, almost, none. And now still have 0.4x, to me, it is a lelong price, it is a bonus gives by Botak to shareholders. Share price cannot go up, it doesn't mean bad. It was the same to 1651 last year, it always trapped investors at < 0.40, and many of them have been frightened by the fake upside. But, it had a fake broke out to 0.52 and then fell back to 0.43? Now, 0.67? How oh.... Slowly but surely. Patience is the key. I may be wrong to 8877. God bless us.

And placement shares were at 0.435 10% x 2.x billion shares, that's a lot. Who took it? Idk.

My2c. No offence.

Do not speculate, punt and contra. Avoid using margin and loans. My2c.

xiaoeh

2,514 posts

Posted by xiaoeh > 2024-04-08 16:40 | Report Abuse

wah TYM
me also very patient.....
patiently waiting for price drop and buy....
just joking just joking...

theyoungman

1,880 posts

Posted by theyoungman > 2024-04-08 17:00 | Report Abuse

Dear Xiaoeh, no harm to let it drop. Buy more. Don't worry. Miss you again, to join the boat. ♥️💯

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