Posted by UncleFollower > 1 week ago | Report Abuse

You guys are amazing. So quiet at 34.5. Now only I know Ekovest got so many bilis like us 🤣🤣🤣

Posted by IdleMoney66 > 1 week ago | Report Abuse

quiet buy at bottom. and cheer when it pumps...hoping someone can buy my stake at higher price. hahahahahaa

Posted by theyoungman > 1 week ago | Report Abuse

0.405 woww

Posted by UncleFollower > 1 week ago | Report Abuse

btw when the source is bloomberg, i kena many many times already...fresh after MMC privatisation, bloomberg reported KPJ privatisation. Totally fake news. Hentam saja and died. Of coz later on recovered by itself la

Posted by UncleFollower > 1 week ago | Report Abuse

HOWEVER, this one is quite real in that Feb'26 is an extended deadline already...and they DO have the highway ripe for sale or listing. Bloomberg is shark pushed news, but it's also a reminder they do have a prized asset to sell ya

Posted by UncleFollower > 1 week ago | Report Abuse

dont like that...people who stuck at 50-60 or even higher than 60 howwww?



theyoungman

0.405 woww

2 minutes ago

Posted by Eagle77 > 1 week ago | Report Abuse

🔪🔪🔪🩸🩸🩸

Posted by Albukhary > 1 week ago | Report Abuse

Last time EPF buy 40% at RM1.1bil, so value the highway at RM2.75b.
If now the highway is value at RM5.0 Bil, quite reasonable la.

Posted by LouisLim > 1 week ago | Report Abuse

If RM5 Bil, Ekovest worth how much. Go calculate yourself. Hahaha.

Posted by UncleFollower > 1 week ago | Report Abuse

Refresher
Duke 1 & 2 - 60% owned, new fake news report selling for 5B
Duke 3 - 100% owned and in operation
Duke 2A (Istana Link) - Govt hasnt awarded this ~3.8B contract

Posted by UncleFollower > 1 week ago | Report Abuse

If 5B sale materialises, that's one key hurdle removed for Ekovest to move forward. I would also buy big on Knusford becauuse upside is huge once LKH has the funds to complete the exercise. 5G also give to UMobile not Maxis. U think TMJ in Knusford it can go bad? Dont play play

Posted by Albukhary > 1 week ago | Report Abuse

Please also bearn in mind that under Ekovest Balance Sheet, there are 5-6bil of sukuk.
But out of this 5-6bil sukuk, got 2.5bil is under Kesturi.
When Ekovest dispose its entire holding on Kesturi, the 2.5bil will be remove from Ekovest as well.
So Ekovest debt will be reduce substantially, and at the mean time if the buyer purchase with cash, Ekovest cash will be increase by RM3bil.

Posted by xiaoeh > 1 week ago | Report Abuse

5B
just nice to settle the net debt

Posted by UncleFollower > 1 week ago | Report Abuse

Debt will be carried for Duke 3 which really is a pretty good highway...If they can do 5B for this, Duke 3 100% owned min. valuation 3.5B, probably 7B if they hold till listing

Posted by Eagle77 > 1 week ago | Report Abuse

Hancur ⬇️⬇️⬇️🩸🩸🩸

Posted by theyoungman > 1 week ago | Report Abuse

>UncleFollower
dont like that...people who stuck at 50-60 or even higher than 60 howwww?

Dear Uncle, i agreed with you. Investors have to apply their own strategies, nothing is 100% correct and 100% wrong. All investment tools have risk, sendiri responsible nia. Good luck to all investors. Cheers. Profit taking kick in.

Posted by theyoungman > 1 week ago | Report Abuse

Profit taking VWAP 0.39 market makers and day traders to cover positions?

Posted by pokokhijau > 1 week ago | Report Abuse

Janji buat duit, thats the principle.

Posted by Lai Yu > 1 week ago | Report Abuse

老林借他人屁股放个屁，你们就开始忙着算钱了？

Posted by turbochart > 1 week ago | Report Abuse

Run!!! TOMORROW IS FlyawayDAY

Posted by theyoungman > 1 week ago | Report Abuse

>NatsukoMishima
>>Yes , a bomb worth 5 billion ! U dont want , i want , more billion bomb to come soon , this is cresendo 2.0 ! All in now !

Natsu all in oh, 1589? so power leh. So daring

Posted by speakup > 6 days ago | Report Abuse

https://theedgemalaysia.com/node/733071
sell highway for rm5bil mean ekovest debt will be very small afterward

Posted by theyoungman > 6 days ago | Report Abuse

Botak: (Nov 7): Malaysian tycoon Lim Kang Hoo is exploring selling his toll-road business, in a deal that could value the assets at as much as RM5 billion (US$1.1 billion), according to people with knowledge of the matter.

Is exploring ^^

Posted by soon9913 > 6 days ago | Report Abuse

Sell with debts one. RM5B will be the net income.
Inmagine EPF bought 40% duke 1 and 2 in year 2017 at Rm1.12b... And they want about 10% a year.. They need to pocket at least Rm2b in order to get their approval.

Posted by soon9913 > 6 days ago | Report Abuse

The highway concession is until 2069 and can hike toll fee from time to time...
EKOVEST hold 60% of Duke 1 and 2,balance 40% hold by EPF

EKOVEST hold 100% SPE

Posted by Albukhary > 6 days ago | Report Abuse

Actually, based on Year 2020 news report, initially whereby Ekovest plan to listed Duke 1&2 and SPE, whereby Ekovest plan to offer 25% share of its highway concession to raised RM3bil. IF 25% = RM3bil, then 100% will be RM12bil.

Below is the caption of the news:-

"The enterprise value for the three highways was about RM11 billion to RM12 billion, he said.

"Twenty-five per cent of the total enterprise value is about RM3 billion and we can raise that amount to pare down the debts and allocate some for working capital purposes.

Posted by Albukhary > 6 days ago | Report Abuse

Therefore, the current value of RM5bil for Duke 1 & 2 is actually quite a fair price.

Posted by Albukhary > 6 days ago | Report Abuse

I think LKH planning is like this.
Dispose the concession asset to reduce the debt.
The merger Ekovest, Knusford and IWCTY.
Convert Ekovest become a giant congloramate, position itself as the ideal JV partner for any China Company, and holding 4000 acre prime landbank in Johor to develop for next 30 years.

Posted by Albukhary > 6 days ago | Report Abuse

Who know maybe Bandar Malaysia project will come back again, hehe

Posted by fl888 > 6 days ago | Report Abuse

Hope Ekovest can break 40cts today for next week TP 50cts…

Posted by ks55 > 6 days ago | Report Abuse

https://www.youtube.com/watch?v=nK2cmGXwEhw&t=90s

https://www.youtube.com/watch?v=gma52Cdbhz8&t=85s

Ada chance !

Posted by curiousq > 6 days ago | Report Abuse

sell on rumour?

Posted by Johnchew123 > 6 days ago | Report Abuse

Parria stock ,rumour in also can”t move, mean fake news , if this 5 bil disposal happen Sendai or Mrcb ,2 day at least up 10 sen,
Rubbish ,useless stock ,wasting time ,
40 sen also stay above

Posted by Johnchew123 > 6 days ago | Report Abuse

40 sen need stay above at least 3 day , if not , all is uselss , rubbish ,uselss ,wasting time ,
1 day show up 2 sen , T+ 3 force selling will back gurantee back to 37 sen again

Posted by anson938 > 6 days ago | Report Abuse

Otw to 0.60... 0.80.... 0.99

Posted by Johnchew123 > 6 days ago | Report Abuse

This parria stock plunge below 40 sen since early August , after that didn’t stay above 40 sen , till today ,
If this parria want go further to 50 sen
First need stay above 40 sen n tahan 3 day no drop below 40 sen ,if not , all good news is uselss rubbish , really call a Parria stock

Posted by fl888 > 6 days ago | Report Abuse

Whenever PublicInvest comment on any stocks, most of it will not move thereafter?

Posted by laulau > 6 days ago | Report Abuse

Better grab all the cheap shares still available? Rebound soon?
Recap
https://www.forbes.com/sites/anismuslimin/2024/04/15/malaysian-real-estate-magnate-gets-ready-to-tap-prized-land-bank/

Posted by EVO118 > 6 days ago | Report Abuse

laulau
Bit out of date. 6 months behind. A lot of things can change within that time frame.

Posted by laulau > 6 days ago | Report Abuse

The facts remains the same. Accumulate on any weakness, the show is just beginning with more news release?

Malaysian Real Estate Magnate Gets Ready To Tap Prized Land Bank

Malaysia’s expanding economic ties with Singapore have made the southern state of Johor, where a new special economic zone is to be created, an investment hotspot for its tycoons. (SJ-SEZ to be signed on 8 December.)

Notable among them is property and construction magnate Lim Kang Hoo, whose firm, Ekovest Construction, a unit of his listed Ekovest, was awarded a nearly 2 billion ringgit ($422 million) contract in 2022 to build a rail link between the two neighbors that is now nearly two-thirds complete. (RTS Link to be completed soon by Ekovest)

Looking to leverage his group’s massive land bank in Johor, Lim announced a restructuring plan in September to consolidate privately held Knusford and Iskandar Waterfront Holdings as well as listed Iskandar Waterfront City (IWC) under Ekovest. (Once LKH monetize Duke 1&2, Ekovest will have the cash for the Merger Plan which is in progress?)

Posted by theyoungman > 6 days ago | Report Abuse

Buy on dip.

Posted by laulau > 6 days ago | Report Abuse

Yes! Way to Go! Buy the Dip!

# 1.
https://www.nst.com.my/news/nation/2024/10/1114313/johor-singapore-sez-agreement-be-inked-dec-8

#2.
https://www.bharian.com.my/bisnes/lain-lain/2024/01/1207076/kemajuan-pembinaan-projek-rts-link-mendahului-jadual-asal

#3. Ekovest agrees to six-month extension for merger discussion between subsidiary and Knusford
https://theedgemalaysia.com/node/720615

#4.
https://www.bharian.com.my/bisnes/korporat/2024/11/1321061/ekovest-mahu-jual-konsesi-duke-pada-harga-rm5-bilion-saham-melonjak

Posted by Johnchew123 > 6 days ago | Report Abuse

Situpid guy theyoungman kena stuck 53 sen ,n average down 48 sen ,45 sen ,43 sen 40 sen , bodddoh punya org , this parria stock plunge below 40 sen since early August till today ,almost 4 month, didn’t stay above 40 sen ,never stay before 1 day about 40 sen, situpid guy theyoungman kema stuck since early Feb 2024

Posted by theyoungman > 6 days ago | Report Abuse

Accumulate on weakness. Do not speculate, punt, and contra. Cheers. Buying.

Posted by theyoungman > 6 days ago | Report Abuse

The grapes are sour. Can't eat the grapes and saying grapes are sour. Bullet kosong liao ah? 😁 BUY

Posted by Lewis Lee > 5 days ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1422139
According to Nanyang news , the sale of toll business is a fake news , confirmed by conmen !!! 😓
Like that also can ??

Posted by Lewis Lee > 5 days ago | Report Abuse

The only real news is :- this is a fart king conmen s counter !! 😭

Posted by Lewis Lee > 5 days ago | Report Abuse

Next week limit down liao !!

Posted by EVO118 > 5 days ago | Report Abuse

So back to 0.36 on monday before doing it's usual dance of 0.36 - 0.385. Big TRAP

Posted by EVO118 > 4 days ago | Report Abuse

Sources: Ekovest’s Lim Kang Hoo mulls Duke concessionaire stake sale in potential billion-ringgit deal.
https://www.malaymail.com/news/money/2024/11/07/sources-ekovests-lim-kang-hoo-mulls-duke-concessionaire-stake-sale-in-potential-billion-ringgit-deal/156123.
Dated 7/11/2024, no comment!