EKOVEST BHD

KLSE (MYR): EKOVEST (8877)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 Johnchew123 > 1 month ago | Report Abuse

Banker loss , volume below 20 k , sideway
Left 2 factor this parria Ekovest , shot again to 61 sen
Factor 1 ) QR August need come with net profit , if this cannot make it
Final hope , JS-SEZ sign officially agreement on SEPT ,more detail will be annnone ,JOHOR theme play gurantee appear again

Posted by Jonathan Keung > 1 month ago | Report Abuse

Johor theme play is always part of the game play. But the key factor not all parties will benefit from this. Keep our eyes & ears open for all the parties competing for a slide of the cake. there is at least listed 20 companies here in Johor aiming for a slide of the trade

anson938

2,010 posts

Posted by anson938 > 1 month ago | Report Abuse

马新捷运工程进度达80.32% 成功安装全球最长铁路高架梁
https://www.orientaldaily.com.my/news/south/2024/08/16/673025

anson938

2,010 posts

Posted by anson938 > 1 month ago | Report Abuse

Johor theme play might start anytime

Albukhary

3,001 posts

Posted by Albukhary > 1 month ago | Report Abuse

Last month I am still laughing those Ekovest Hater target price of 35sen, coz it sound like a mission impossible.
Now seem like it will achievable.
I need to slap my own face kaw kaw.

fl888

7,691 posts

Posted by fl888 > 1 month ago | Report Abuse

Botak liao lah!!

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

dont be surprise if drop to 30cents.

Lewis Lee

1,678 posts

Posted by Lewis Lee > 1 month ago | Report Abuse

TP = 0.20 coming for conman s counter

Chellons

102 posts

Posted by Chellons > 1 month ago | Report Abuse

My spender koyak already, still this counter no sign of rebound

Posted by Johnchew123 > 1 month ago | Report Abuse

Selling should be finish this week , fund manager change portfolio , dispose contruction n utilities stock , buy in bank stock ,already 2 day since yesterday , Tomolo if bank stock plunge n side way until this month end ,turn contruction n utilities stock move up

anson938

2,010 posts

Posted by anson938 > 1 month ago | Report Abuse

RM291b investments realised for Iskandar Malaysia, says IRDA

https://theedgemalaysia.com/node/723462

Posted by FlashParadox > 1 month ago | Report Abuse

Lots of guesswork... I'll wait for its QR and check

laulau

437 posts

Posted by laulau > 1 month ago | Report Abuse

Ekovest is a Hidden Gem! Recommendation: Buy while still cheap before news is out!
https://theedgemalaysia.com/node/703441
https://www.bharian.com.my/bisnes/lain-lain/2024/01/1207076/kemajuan-pembinaan-projek-rts-link-mendahului-jadual-asal
https://ekovest.listedcompany.com/newsroom/The_Edge.pdf

Below Fair Value: EKOVEST (MYR0.39) is trading below our estimate of fair value (MYR1.09)

Significantly Below Fair Value: EKOVEST is trading below fair value by more than 20%.

Price-To-Sales vs Fair Ratio: EKOVEST is good value based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (1.4x).

Construction project undertaken by Ekovest Group such as DUKE Phase 1, DUKE Phase 2, Ministry of Education Buildings in Putrajaya, Shapadu Highway and currently, Setiawangsa-Pantai Expressway (SPE).

Ownership Breakdown
#State or Government 0.611% 18,125,800 shares
#Private Companies 12.9% 383,654,132 shares
#Institutions 14.3% 424,660,379 shares
#Individual Insiders 22.6% 670,645,218 shares
#General Public 49.5% 1,468,325,273 shares

Nickhew

68 posts

Posted by Nickhew > 1 month ago | Report Abuse

ekovest gogogo

laulau

437 posts

Posted by laulau > 1 month ago | Report Abuse

Is It Time To Consider Buying Ekovest Berhad (KLSE:EKOVEST)?

What's The Opportunity In Ekovest Berhad?

Great news for investors – Ekovest Berhad is still trading at a fairly cheap price. Our valuation model shows that the intrinsic value for the stock is MYR0.77, but it is currently trading at RM0.39 on the share market, meaning that there is still an opportunity to buy now. Another thing to keep in mind is that Ekovest Berhad’s share price may be quite stable relative to the rest of the market, as indicated by its low beta. This means that if you believe the current share price should move towards its intrinsic value over time, a low beta could suggest it is not likely to reach that level anytime soon, and once it’s there, it may be hard to fall back down into an attractive buying range again.

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. With profit expected to grow by 41% over the next couple of years, the future seems bright for Ekovest Berhad. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

What This Means For You.

#As a Shareholder?
Since EKOVEST is currently undervalued, it may be a great time to accumulate more of your holdings in the stock. With an optimistic outlook on the horizon, it seems like this growth has not yet been fully factored into the share price.

#Are you a potential investor?
If you’ve been keeping an eye on EKOVEST for a while, now might be the time to enter the stock. Its prosperous future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy EKOVEST. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed investment decision.

EVO118

2,094 posts

Posted by EVO118 > 1 month ago | Report Abuse

laulau
Are you being paid to post this on behalf of Botak?

Nickhew

68 posts

Posted by Nickhew > 1 month ago | Report Abuse

maybe already check in high level condo. lolz

Posted by Johnchew123 > 1 month ago | Report Abuse

Iwcity going to suspend n close shop soon , 1 more month to go , botak sudah headache ,will affect this parria Ekovest movement , up side also limited , expect 50 sen saja , once JS-SEZ sign official agreement on SEPT

IWCITY close shop , merger also koyak

Nickhew

68 posts

Posted by Nickhew > 1 month ago | Report Abuse

actually i'm waiting iwcity suspended, then can grab it at very low price.

Bettyem

655 posts

Posted by Bettyem > 1 month ago | Report Abuse

分析师推荐购买
https://www.tradingview.com/symbols/MYX-EKOVEST/forecast/

Lewis Lee

1,678 posts

Posted by Lewis Lee > 1 month ago | Report Abuse

conman analyst

fl888

7,691 posts

Posted by fl888 > 1 month ago | Report Abuse

IWC will merge IWH and then have to accept Ekovest Merger Plan soonest…

fl888

7,691 posts

Posted by fl888 > 1 month ago | Report Abuse

Revised Ekovest @60cts to 40cts will be a good deal for the Merger

laulau

437 posts

Posted by laulau > 1 month ago | Report Abuse

Morning Friends & Gentlemen!
Let's Be Honest. Why Are We All Here At Ekovest???
#There's money to be made from Ekovest & Johor Theme Play.
#Ekovest has fallen almost 39% from its 52 week high of 0.62 to 0.385 partly due to earlier Dow Jones uncertainty & possible threat of Iran retaliation which has been minimized.
*Note:
https://www.wsj.com/livecoverage/stock-market-today-fed-minutes-live-08-21-2024

#If you study Price Trends, Ekovest moves in a series of Ups & Downs. Presently already approaching 52 week low. #Syndicate members are working overtime to collect from uninformed Retailers who holds 49.5% of Ekovest?
#If you look at present situation, none of Substantial shareholders sold their share in this period as they know something is brewing at Ekovest & Johor Theme Play.
#Since Substantial Shareholders are not selling, Syndicate can only collect from weak holders & retailers through a series of Lefthand to Righthand Plays before the next Pump!
#Veteran Players from Berjaya should recognise this type of Modus Operandi?

If you have benefited from my previous Recommendations, Best Time to Accumulate is during times of Weakness with minimum Risk at 52 week Low! mainly Thanks to helping hand from Syndicate! As the Johor Theme Play Game is just Beginning, let's ride the next Wave Upwards together in a Win-Win Situation!

Ownership Breakdown
#General Public/Retailers 49.5%
#Individual Insiders 22.6%
#Private Companies 12.9%
#Institutions 14.3%
#State or Government 0.611%

Top 25 shareholders own 50.48% of the company
Lim Kang Hoo 18%
Ekovest Holdings Sdn Bhd 10.1%
Norges Bank Investment 4.58%
Chang Chiang Khoo 3.51%
Lim Seong Hai Holdings 2.89%
Affin Hwang Asset Management 2.59%
Dimensional Fund Advisors LP 1.51%
Hong Leong Asset Management 1.34%
Kenanga Investors Bhd. 1.12%
UOB Asset Management (Malaysia) 0.74%
AMMB Holdings Bhd, Asset 0.71%
Bank of Singapore Limited 0.63%
Pertubuhan Keselamatan Sosial 0.61%
Yew Choo Yeoh 0.52%
Hoe Lim 0.48%
Allianz SE, Insurance Investments 0.42%
Kenanga Islamic Investors Bhd
0.31%
American Century Investment 0.17%
Chen Lim 0.12%
TA Investment Management 0.065%
State Street Global Advisors, Inc. 0.063%
BOS Wealth Management 0.054%
Khai Wong 0.025%
Mackenzie Financial Corporation 0.012%
Boston Partners Global Investors, 0.0049%

Posted by pokokhijau > 1 month ago | Report Abuse

Tulis banyak pun tak guna, lets price speaks itself. Now sideways, its the fact. But its a good price to re enter. Not waiting game only. No money just stay away. Stocks is game for those got surplus in pockets. Who use loans sure got slaughter, yesterday tv3 shows one Chinese boys killed parent at nilai because of stock. Hope comrades here stay healthy and prosperous

Lewis Lee

1,678 posts

Posted by Lewis Lee > 1 month ago | Report Abuse

this is a PKM punya counter !!
insiders pakat with conman siput + conman analysts to cheat / slaughter retail players !! 😡

Boringguy

1,090 posts

Posted by Boringguy > 1 month ago | Report Abuse

Really unexpected for the price to drop until now... i think those who are selling are based on emotion and in lose position...one of the things is that the rumors covering this company are more negative plus the last two weeks global share market drop made more ppl cut losses and money on hand....calm down and think of it.. if is so bad the RTS project will award to Ekovest? and the progress until today almost 80%? if the LKH propose merger is not announce what will be price? if the propose merger is done what will be the price? who what is the value for this company?

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

dont you know potential rating downgrade for its highway assets ? https://theedgemalaysia.com/node/722324

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

dont you see they keep extending the merger plan? https://www.klsescreener.com/v2/announcements/view/7693191 it will not complete anytime soon ...

Boringguy

1,090 posts

Posted by Boringguy > 1 month ago | Report Abuse

Ya.. i notice the new regarding the rating downgrade for its highway assets which is Duke 3 and the merger plan..but without that new what is the core price for Ekovest?....now the market is expect to merger or don't want merger? if merger no successful what is the value of the Ekovest? look at the share price today? disposal the 13 lands plus 4 lands and acquire the 4 TOD johor landed then how? so the price move because expect the merger no going to happen or is expect the going to happen?

pang72

50,933 posts

Posted by pang72 > 1 month ago | Report Abuse

Lagi sikit touch 52 wks low 30c..
Now, 38.5c jia you

Lewis Lee

1,678 posts

Posted by Lewis Lee > 1 month ago | Report Abuse

thsi conman counter will touch down 0.30 soon !!!!!

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

laulau, view iwcity regularisation plan and ekovest merger plan as one lo. it is corelated.. merger is for part of the regularisation plan also, defer the regularisation also mean defer the merger

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

there is possibility to call off the merger also, this is not their first time to cancel plan.... read the old news.. it is common for them to terminate the contracts

Albukhary

3,001 posts

Posted by Albukhary > 1 month ago | Report Abuse

I believe everything is planned and controlled by the boss.
They purposely press down the share price.
I not sure what is their agenda but I am very sure the share price is being pressed.

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

Albukhary , you could be right! save some bullets to buy at 30cents..
it is possible.

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

like it or not, the news causing selldown.. if u think is right time, should buy more now

Boringguy

1,090 posts

Posted by Boringguy > 1 month ago | Report Abuse

Yes... self-justification whether now is the right time or not...based on my view and discussion with my friend..it looks like fight between Johor and KL... suppose this will happen on 2020 and 2022.. but due to covid and lock down so everything postpone.. but my friend source said this time likely will on based on the recent move like selling off the land to airman and botak will excute his plan.. so KL on airman and Johor will be Botak....

Boringguy

1,090 posts

Posted by Boringguy > 1 month ago | Report Abuse

regarding the duke3 issues.. i don't think is issues.. due to duke listed plan is on table and before 2026 needs to be executed....as per history botak plans always fail that why market doesn't put expectations on this and this is why the share price kena press 99 compare to last month from 0.43 up to 0.58.... so shareholder is expect and hope the deal on? or just the minor shareholder is stop it? if not excuted why sell the land to airman and airman own by who? what is the core value of ekovest? why sell off the land why don't develop the land where all the land is strategic land and why acquire johor 4 TOD land near RTS? all this my friend source share to him.. he said yourself think of it.. if risk then don't touch if you think botak plan is good.. then now is good timing can buy some and keep the show happen...so now is between johor and KL game.. so will botak win this time?

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

highway listing plan defer few times ady lo. 2025 perhaps a good year if they really plan in accordance with the plan to list the highway concesssion, not now or 2024

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

and their action is slow like turtle, tends to missed good time also,

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

if iwcity is part of the economic special zone, will the valuation in the merger plan still applicable ? the land value of iwcity is still the same?

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

the merger might be abort also as those valuation/ proposals might no longer applicably after deferring such long time

soon9913

2,771 posts

Posted by soon9913 > 1 month ago | Report Abuse

as now they only provided general update on the merger plan, they would have details down the status if something is brewing to be happened.

laulau

437 posts

Posted by laulau > 1 month ago | Report Abuse

@Boringguy Ekovest's acquisition of 4 pieces of TOD (Transport Oriented Development) near RTS could be developed in similar fashion as highlighted by this article?
https://www.nst.com.my/property/2023/09/954798/rts-link-game-changer-johor-bharu-real-estate-market

Investormy

137 posts

Posted by Investormy > 1 month ago | Report Abuse

The DUKE highway book value is RM7.9bil in Ekovest accounts. It’s the main asset of Ekovest. Generating appx RM350mil revenue per year. Based on 2021 projection, Ekovest want to list it at RM11 - RM12bil value. If succeed, then there is a windfall of around RM3bil. That’s RM1 per share. So, buy and just wait until 2026.
https://www.pressreader.com/malaysia/new-straits-times/20200923/281762746689829

Investormy

137 posts

Posted by Investormy > 1 month ago | Report Abuse

My guess is the merger plan is for LKH to increase his shareholding in Ekovest. He’s just holding about 33% now. After merger, his share will be more than 50%. That means he will profit more from the listing of DUKE. So, listing of DUKE will only happen after the completion of the merger & LKH increase his shareholding. The crown jewel in Ekovest is the 3 DUKE highways.

Investormy

137 posts

Posted by Investormy > 1 month ago | Report Abuse

Expect price of Ekovest will stay low until LKH successfully increase his shareholder under the merger plan. Jackpot will only come after the merger and the listing of DUKE

Boringguy

1,090 posts

Posted by Boringguy > 1 month ago | Report Abuse

@laulau... could be..i wish and expect on oct the acquire TOD is completed.. expected the coming QR report the 13 disposal lands will be recognized.. next qr will be additionally recognised on the 4 disposal land...that why with all this move.. is the show that Ekovest move toward to Johor development where they already disposal total 17 lands to Airman.. with all this move actually a bit weird.. if the merger no happen why disposal all those land? to recognize it? fyi.. the airman is under LSH which is another independant ekovest shareholder.. so what does it mean?

Post a Comment
Market Buzz