Posted by Albukhary > 2 months ago | Report Abuse

Today Market Cap is RM1,453mil (Share price RM0.49)
EKOVEST NTA is RM2,888mil (NTA RM0.80)
Really hope Ekovest Merger Plan can be success, as I really hope to see Ekovest transform to become Tier 1 Construction Counter with market capital RM5,000mil and above.

Posted by ocbc > 2 months ago | Report Abuse

https://theedgemalaysia.com/node/718977
KUALA LUMPUR (July 15): Ekovest Bhd (KL:EKOVEST) clarified that it had officially concluded its contractual role as the project delivery partner (PDP) for the River of Life project in January 2015, according to a filing with Bursa Malaysia on Monday.

"Ekovest fully discharged all of its duties as the PDP to the government for the River of Life project on Jan 3, 2015," it said.

Posted by ocbc > 2 months ago | Report Abuse

Since 2015 have terminated , that is why till now Ekovest still 0.50 only , if not already 1.50 lor . So someone release the old news so can collect low before IPO news ...... Someone trying to collect cheap cheap....

Posted by Shines > 2 months ago | Report Abuse

@Bro tym, hiw are you? Why is the negative concern of Eko suddenly came in after ther recent run up of the shate price, isnt this is clearly pump and dump?

Posted by FrankKY > 2 months ago | Report Abuse

@Theyoungman, congrats....

Posted by curiousq > 2 months ago | Report Abuse

what's happened? even the merger fails, it shouldn't fall like this?

Posted by curiousq > 2 months ago | Report Abuse

this is too severe and too drastic

Posted by Bob3336 > 2 months ago | Report Abuse

Should open higher today.

Posted by Bettyem > 2 months ago | Report Abuse

不要接住掉落的刀子。一旦跌破0.40，怡克伟士股价可能会在0.37至0.39令吉的支撑位之间波动？

Posted by dompeilee > 2 months ago | Report Abuse

Avoid big issued shares co. except for blue-chips. No deep-pocketed foreign funds to buy. Local funds impoverished by de-facto economic downturn & massive withdrawals by survival-desperate holders. Retailers only after contra-profit KFC.

Posted by anson938 > 2 months ago | Report Abuse

@unclefollower, agree with you to ask SC to chexk LKH

Posted by mf > 2 months ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

40,358.09

-57.35

0.14%

Nasdaq

NASDAQ Composite

17,997.35

-10.21

0.05%

Posted by anson938 > 2 months ago | Report Abuse

2 times
0.58 to 0.535
0.575 to 0.485

Posted by anson938 > 2 months ago | Report Abuse

Possible ekovest movement

0.58-0.535.close@ 0.56
0.575-0.485 close @0.49
0.490-0.60 close @0.60???

Posted by Johnchew123 > 2 months ago | Report Abuse

43 sen strong support , BUY 43 sen ,once Merger terminated , awaitng announcement out , bad news price in ,
Rebound will be qiuickly

Posted by Chellons > 2 months ago | Report Abuse

Will touch 0.45 today. Gonna drop again after lunch

Posted by rr88 > 2 months ago | Report Abuse

Dont play2 arr. Shorties in control.
Once they break 0.43 they will slaughter all the way to 0.355. Cut loss at 0.485 now. Better be safe than sorry.

Posted by rr88 > 2 months ago | Report Abuse

Wolves encircling the prey. Run 4 yr life.

Posted by dompeilee > 2 months ago | Report Abuse

L@@k at the elephant-loads of tickets being DUMPED DOWN...79 continuous SELL transactions! Surprisingly IWCity not being dumped to a similar degree!

Posted by anson938 > 2 months ago | Report Abuse

Reached destination point already!!!

Posted by anson938 > 2 months ago | Report Abuse

Push up......

Posted by Douduo > 2 months ago | Report Abuse

Don't looks good!
Take profit if you can
Cut loss if you can't
The dump may come anytime now? Forced selling coming soon!

Posted by anson938 > 2 months ago | Report Abuse

Near another 50 mils share trade up to now

Posted by soon9913 > 2 months ago | Report Abuse

45cents soon

Posted by UncleFollower > 2 months ago | Report Abuse

It's a very unusual move. Looking at everyone's response, mostly bearish, then if the objective of the syndicate was to flush out retailers and buy back, surely it has been achieved

Posted by UncleFollower > 2 months ago | Report Abuse

We sort of know Ekovest. Deep value is true. LKH is very well connected. So unlikely got MACC case or the likes of it. And importantly if there is indeed bad news this should be the price. 47c is not that low

Posted by UncleFollower > 2 months ago | Report Abuse

And then the flush out took place in a very short time late afternoon. Totally giving a scare effect if that was the intention

Posted by anson938 > 2 months ago | Report Abuse

0.47--------------0.60

Posted by UncleFollower > 2 months ago | Report Abuse

Too early to tell...nothing in market is certain. If it closes up today in large volume at day end - then it's very obvious this was a flush for a much larger move. Uber bullish

Posted by UncleFollower > 2 months ago | Report Abuse

I would opt to take a ride with it, buying half now, and gear up buy more if it touches 45. Trusting downside limited...no cut-loss, prepared to be trapped if that's the game damn 🤣

Posted by UncleFollower > 2 months ago | Report Abuse

bro anson, this round, if it turns around, probably gearing up for >>> 60

Posted by Killsthebear > 2 months ago | Report Abuse

30c

Posted by Albukhary > 2 months ago | Report Abuse

Holding power is the No 1 most important requirement if you want to invest in the counter.
As long as you have strong holding power, there is nothing to worry, because:-
1) DUKE highway is a real asset, with 40% hold by EPF
2) RTS is one of the most important project for Malaysia currently, there is no way RTS will be failed.
3) EKOVEST is deeply undervalue, there is no such undervalue mid cap construction counter in Bursa Malaysia.

No matter the Merger is successful or failed, EKOVEST is still the most undervalue mid cap construction counter. Don't play contra, as short term fluctuation will flush you out, make sure you have holding power to hold 1-2 years, prepare to absorbed 20-30% paper loss in short term, then I think 100% return is not a problem.

Posted by anson938 > 2 months ago | Report Abuse

@unclefollower,How the closing price for ekovest today??? 0.50??or higher??

Posted by Johnchew123 > 2 months ago | Report Abuse

Mau masuk , wait T+ 3 force selling only go in ,yesterday 2.6 mil higher volume change hand , this Friday force selling , merger termination should announed anytime , see price action already know , 100 percent merger termination , 43 sen strong support

Posted by Pokaiman > 2 months ago | Report Abuse

tiu na...price go down 😥

Posted by Albukhary > 2 months ago | Report Abuse

@Johnchew123, give me 1 reason for each compony why merger should be terminated?

1) If you are Ekovest shareholder, why you against the merger?
2) If you are IWCITY shareholder, why you against the merger?
3) If you are Knusford shareholder, why you against the merger?

Posted by sailang_now > 2 months ago | Report Abuse

Could be true? as more than 7 months already passed and still no updates?...

@Johnchew123

Mau masuk , wait T+ 3 force selling only go in ,yesterday 2.6 mil higher volume change hand , this Friday force selling , merger termination should announed anytime , see price action already know , 100 percent merger termination , 43 sen strong support

http://ekovest.listedcompany.com/newsroom/20231027_EB_Ann_Heads_of_Merger_Agreement_20231027.pdf

Posted by ocbc > 2 months ago | Report Abuse

Contra buyers gone case.

Posted by anson938 > 2 months ago | Report Abuse

Estimate today what is the closing price for ekovest if the volume touch 100 mil - 200 mil share later. Current volume reach around 60 mils.

Posted by Albukhary > 2 months ago | Report Abuse

Hope announcement release today.

Posted by anson938 > 2 months ago | Report Abuse

Hopefully..

Posted by Shanon12f > 2 months ago | Report Abuse

Good news! Selangor gov approved to go on project! Announcement! Later shooting up

Posted by Shanon12f > 2 months ago | Report Abuse

Top up!!! Faster... A few investment companies buy all the share.....will up sharply. Internal News leaking ......

Posted by HuatRex1314 > 2 months ago | Report Abuse

unreasonable drop. Everytime when there is a huge drop, we can see everyone turns into guru and teach others what to do. Something unique.

Posted by Albukhary > 2 months ago | Report Abuse

If today closed above 52sen, then hoseh liao

Posted by Bigbull99 > 2 months ago | Report Abuse

Albukhary, you have no idea how deep of pile dunk ekovest is in for their RTS project. They are already suffering losses today, may look good but people who are aware will know. They could easily be dropped out of RTS project, u may ask anyone from MRT how is ekovest performing for their RTS project.

Posted by Albukhary > 2 months ago | Report Abuse

@bigbull99, appreciate if you could share more information about their RTS project?
As a outsider, what I read from Newspaper is RTS progress is above its planning, which seem like Ekovest is doing a great job. Is there another dark side of the story that you can share with us?

Posted by Bigbull99 > 2 months ago | Report Abuse

I hope I can trust me. Yes from the papers and youtube monthly progress videos seems good. For your information, not sure if you are aware, initially ekovest supposed to sapu the whole RTS project, due to their incompetency, part of the cake was given to Suncon (viaduct) and IJM (ICQC). From here you already know why and what happened.

Posted by Lewis Lee > 2 months ago | Report Abuse

Gone case already lah ! This conman s counter ! 😭