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 9 hours ago

Posted by FlashParadox > 1 month ago | Report Abuse

Better dnt play contra. We don't know how and when Iran will retaliate ...

Boringguy

1,090 posts

Posted by Boringguy > 1 month ago | Report Abuse

Careful.. expected tomorrow will big sell. cause uncertainly and when the attack will happen

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

Only Knusford has any semblance of firmness today...heavy elephant ekovest going to be pulled DOWN by Friday & economic uncertainty gravities tomorrow & in the weeks ahead by the likelihood of another poor red quarter!

fl888

7,691 posts

Posted by fl888 > 1 month ago | Report Abuse

40cts...break

xuxu

5,779 posts

Posted by xuxu > 1 month ago | Report Abuse

big sell must buy more to keep

UncleFollower

1,637 posts

Posted by UncleFollower > 1 month ago | Report Abuse

The huge block of placement was at .435. Over 3 rounds they were able to take loads of profit already reducing average cost to the effect there are now available block sellers depressing the price. Swim w the sharks, must buy more to keep

Posted by Johnchew123 > 1 month ago | Report Abuse

This Ekovest so parria , MRCB rebound faster , monday plunge lower 47 sen , now 57 sen ,
Paria stock plunge 37 sen , now 41 sen

Posted by Johnchew123 > 1 month ago | Report Abuse

Last hope on SEPT , JS-SEZ once officially sign agreement , JOHOR THEME PLAY May appear again , this stock
So paria n slow , worst performance contruction stock , last hope sept , see can pass through 61 sen on Sept

Worst n parria , performance contruction stock YEAR 2024 = Ekovest

anson938

2,010 posts

Posted by anson938 > 1 month ago | Report Abuse

@johnchew123,agree with you.. Very paria stock!!! Management not talent enough!!!

Investormy

137 posts

Posted by Investormy > 1 month ago | Report Abuse

Ekovest is very cheap now compared to other counters. Very obvious there are operators who are blocking the rise of the price and trying collect it cheap. Buy it or just hold. The block will be removed after enough fools selling it at low price and they clean up those poor people.

RamsyNa

28 posts

Posted by RamsyNa > 1 month ago | Report Abuse

It doesn't show a big sell today. ha

Lewis Lee

1,678 posts

Posted by Lewis Lee > 1 month ago | Report Abuse

https://youtu.be/Qx3s7_o14F4?si=5Pq-nzMWzycSd_P-

technical analysis

EVO118

2,094 posts

Posted by EVO118 > 1 month ago | Report Abuse

MARC warns it may downgrade Duke 3 rating amid cash flow concerns.
https://theedgemalaysia.com/node/722324

EVO118

2,094 posts

Posted by EVO118 > 1 month ago | Report Abuse

Obviously the article came out after market closed. Monday will give a clearer picture.

Lewis Lee

1,678 posts

Posted by Lewis Lee > 1 month ago | Report Abuse

Like that fart already ! 😅

EVO118

2,094 posts

Posted by EVO118 > 1 month ago | Report Abuse

Time to dump & stay out. Too risky. plenty of time to come back in if that is what you want. Could easily end up below 0.30

Lewis Lee

1,678 posts

Posted by Lewis Lee > 1 month ago | Report Abuse

No wonder earlier conman shareholder keep off loading shares & one notorious conman siput gave false info to call for buy etc ! Fart those conmen ! Causing losses to incomes retailers !! 😡

Investormy

137 posts

Posted by Investormy > 1 month ago | Report Abuse

This is actually good news. It will force Ekovest to push forward the listing of their highway assets. This has been delayed for a very long time. Note that Duke 3 is shared with KWSP.

Boringguy

1,090 posts

Posted by Boringguy > 1 month ago | Report Abuse

Had chit chat with my friend.. regarding the news on the Duke 3 issues...we read the article about the Duke 3.. the time frame is one year plus and Duke is share between Ekovest and kwsp and in planning for listed as option therefore the concern is no valid.. Ekovest is midst acquire the Johor land at nearby RTS which will expect complete on oct 2024.

new share by my friend.. not sure is true or not.. heard ekovest going to focus and development on the johor...looking the recent disposal on the KL land to LSH.. and merge between IWCITY and other company.. they are plan for major development on the Johor for coming 2025 align with complete RTS Dec 2026.

paulthesotong

2,769 posts

Posted by paulthesotong > 1 month ago | Report Abuse

Trash..buy if u want to get poor.

limen12

640 posts

Posted by limen12 > 1 month ago | Report Abuse

Duke 3 is not shared with KWSP. It is wholly owned by Ekovest. Only Duke 1 and 2 is shared with KWSP. @investomy

But what you say about listing to raise cash to reduce debt is true, this can push them to list earlier to reduce debt for the highway.

fl888

7,691 posts

Posted by fl888 > 1 month ago | Report Abuse

News out So next week should fly …

linheng

1,371 posts

Posted by linheng > 1 month ago | Report Abuse

There was a delay due to Covid. There is a clause for compensation by Govt

linheng

1,371 posts

Posted by linheng > 1 month ago | Report Abuse

Duke 3, which is wholly owned by Ekovest, is the concessionaire for the 32km Setiawangsa-Pantai Expressway that connects the Middle Ring Road 2 at Wangsa Maju to Kerinchi Link adjoining the Federal Highway.
Back in January 2016, the company struck a 53.5-year concession agreement with the government, with the right to extend by 6.5 years if the highway does not achieve the projected internal rate of return.
The government has also helped Ekovest with a RM560 million interest-free advance to cover the first eight years of interest payments during the highway gestation period, in exchange for no toll hikes during a period of the concession.

Some other measures could include a potential asset monetisation and the potential entrance of a new equity partner.
Duke 3 only started tolling on Dec 3, 2023, which was three years later than the original forecast date due to considerable delays in project completion following changes in alignment and pandemic-induced restrictions. The company expects some compensation payout from the government arising from the delays.
Nevertheless, MARC thinks the sukuk restructuring may be viable in view of Duke 3’s long concession period until Aug 5, 2069.

linheng

1,371 posts

Posted by linheng > 1 month ago | Report Abuse

Toll start Dec 2023.
The government has also helped Ekovest with a RM560 million interest-free advance to cover the first eight years of interest payments during the highway gestation period, in exchange for no toll hikes during a period of the concession.

linheng

1,371 posts

Posted by linheng > 1 month ago | Report Abuse

8 years interest free loan

dompeilee

11,888 posts

Posted by dompeilee > 1 month ago | Report Abuse

Too many 'ifs' & 'maybes' & the last dividend was paid ages ago[which I was fortunate to earn when my shareholding here was at its highest] so no funds will touch it...I have only odd lots here now in case physical AGM is revived but it's reduced to a retailer-passing-to-retailer-hot-potato penny stock now.

fl888

7,691 posts

Posted by fl888 > 1 month ago | Report Abuse

42.5cts coming..

EVO118

2,094 posts

Posted by EVO118 > 1 month ago | Report Abuse

0.425 is the gap waiting to be closed.

Posted by Johnchew123 > 1 month ago | Report Abuse

Rebound slow , worst n Paria contruction stock Year 2024 = Ekovest , The day ( 5/ 8 /24 ) KLCI plunge 74 point , MRCB from 57.5 sen plunge to 47 sen , now 58 sen ,

MRCB will be potential stock , shoot to 90 sen or RM 1 , , will it follow WCT !!!
let see after QR August , MRCB , EPF hold 36 %

anson938

2,010 posts

Posted by anson938 > 1 month ago | Report Abuse

Slow slow up...

Nickhew

68 posts

Posted by Nickhew > 1 month ago | Report Abuse

gogogo ekovest,

Investormy

137 posts

Posted by Investormy > 1 month ago | Report Abuse

MRCB will eventually reach above RM1 ….just like WCT n UEMS. For Ekovest, need to wait until the merger with IWCITY & KNUSFORD complete and listing of the highway.

Douduo

158 posts

Posted by Douduo > 1 month ago | Report Abuse

Don't looks good!
Take profit if you can
Cut loss if you can't
More dumping to come anytime?
Market also no good!

RamsyNa

28 posts

Posted by RamsyNa > 1 month ago | Report Abuse

Market is awaiting CPI data from US ... Volatility is not surprising

Posted by Johnchew123 > 1 month ago | Report Abuse

Parria stock = Ekovest , KLCI 5/ 8 , plunge 74 point , until today already rebound 66 point , this parria 8/ 5 close 42.5 sen , plunge 37.5 sen ,today only rebound 2 sen , 39.5 sen worst of worst

MRCB 5/ 8 , 57.5 sen plunge 47 sen , yesterday already recover up 58.5 sen ,
Today close 56.5 sen

MRCB will be bintang star stock , follow WCT ,once QR AUgust annonced

fl888

7,691 posts

Posted by fl888 > 1 month ago | Report Abuse

Qtr result June 24 coming, will there be any impairment exercises incorporated….?

Posted by Jonathan Keung > 1 month ago | Report Abuse

Trading below support line 40 sen not good. Possibilities of more pressure piling up. Ikan bilis selling

mf

28,636 posts

Posted by mf > 1 month ago | Report Abuse

WHO declares mpox a global public health emergency
Officials say a new fast-spreading variant has been detected in the Democratic Republic of Congo and neighbouring countries.

anson938

2,010 posts

Posted by anson938 > 1 month ago | Report Abuse

Droping -30% till today since touch highest @0.58 during last month.

Posted by Johnchew123 > 1 month ago | Report Abuse

Worst n parria stock = Ekovest , KLCI 5/ 8 plunge 74 point , from 1614 , now 1612 ,left 2 point recover ,
This parria from 42.5 sen ,plunge 37.5 sen , today close 39 sen , really worst + paria contruction stock year 2024 ,
Only recover 1.5 sen ,fuxx off

anson938

2,010 posts

Posted by anson938 > 1 month ago | Report Abuse

From highest 0.58 to 0.425 then to 0.37,up back 0.42 then down back 0.39🤣

Plantermen

2,224 posts

Posted by Plantermen > 1 month ago | Report Abuse

Ekovest closed at the day low 39 sen. If fall below <39 sen may see or trigger more selling pressure tomorrow .

Chellons

102 posts

Posted by Chellons > 1 month ago | Report Abuse

I belive tmrw is selling, they will see 0.37 till end kf year

anson938

2,010 posts

Posted by anson938 > 1 month ago | Report Abuse

Dow jumps 400 points as strong retail sales soothe recession fears: Live updates

https://www.cnbc.com/world/

fl888

7,691 posts

Posted by fl888 > 1 month ago | Report Abuse

What happening to Ekovest….cannot break 40cts….

joni

1,254 posts

Posted by joni > 1 month ago | Report Abuse

habis botak has too much money to loose

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