Posted by nomanland > 2020-08-09 18:17 | Report Abuse

EPF Buy, I buy
EPF Sell, I sell
EPF knows something, I know nothing.

Posted by sd99 > 2020-08-10 13:30 | Report Abuse

ahaa....true.. EPF buy is already a sign to enter...

Posted by sd99 > 2020-08-12 10:21 | Report Abuse

EPF keeps buying... but price stagnant...wondering..
waiting patiently to fly...

Posted by investortrader88 > 2020-08-12 21:09 | Report Abuse

Change in the Interest of Substantial Shareholder (202008123600182)
Company Name ECONPILE HOLDINGS BHD
Stock Code / Short Name 5253 / ECONBHD
Date & Time Announce 12/08/2020 05:32:34 PM
Subject Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Content
Substantial Shareholder's Particulars
Name : EMPLOYEES PROVIDENT FUND BOARD
Address : Tingkat 19, Bangunan KWSP, Jalan Raja Laut 50350 Kuala Lumpur Wilayah Persekutuan Malaysia
NRIC/Passport No/Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia
Descriptions(Class & nominal value) : Ordinary Shares

Name & address of registered holder
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com

Details
Date of Change No of shares Price Transacted(RM) Transaction type
07/08/2020 300,000 0.000 Acquired

Description of other type of transaction :
Circumstances by reason of which change has occured

Nature of interest : Direct Interest
Direct (units) : 106,403,600
Direct (%) : 7.955%

Indirect/deemed interest(units) : 0
Indirect/deemed interest(%) : 0.000%

Total no of shares after change : 106,403,600
Date of notice : 10/08/2020

Remarks
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com

free website hit counter

Posted by sd99 > 2020-08-12 21:50 | Report Abuse

Soon it will kaboom to >80cents

Posted by rancid31 > 2020-08-13 15:47 | Report Abuse

Tomorrow limit up, go go

Posted by sd99 > 2020-08-13 16:51 | Report Abuse

its showing signs already... watch out for breakout!

Posted by sd99 > 2020-08-17 11:14 | Report Abuse

https://www.theedgemarkets.com/article/rhb-investment-bank-starts-coverage-econpile-target-price-74-sen

Posted by sd99 > 2020-08-17 11:15 | Report Abuse

better buy before it flies..... :) i am collecting more at .59 to average down my price..

Posted by sd99 > 2020-08-17 17:52 | Report Abuse

wow...EPF keeps accumulating like crazy...from April 2020 holdings surged 1% to 8% today....

Posted by sd99 > 2020-08-18 15:04 | Report Abuse

KUALA LUMPUR (Aug 17): RHB Investment Bank Bhd has initiated coverage of Econpile Holdings Bhd at 60 sen, a "buy" rating and target price of 74 sen.

In a note today, RHB Investment Bank analysts Muhammad Danial Abd Razak and Eddy Do Wey Qing said Econpile’s advanced array of piling equipment thanks to aggressive expansion efforts have given the company strength despite the downturn in local activities, which should bolster its foothold, and enhance its ability to provide end-to-end piling and foundation solutions for clients.

Econpile’s order book is worth RM700 million, which should provide revenue visibility over the next two years, the duo said.

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“The group is targeting RM500 million in new orders for FY21, having tendered for jobs locally and overseas. The share of infrastructure jobs may increase, as it expects to see more opportunities emerge in the local infrastructure space. Consequently, this should help to buffer the impact from the recovering property market,” they said.

Danial and Do also expressed hope for recovery of property demand, expecting government initiatives to stimulate construction activities and indirectly boost demand for piling works.

“Despite the challenges brought upon by Covid-19 and the collapse in oil prices in 1H20, prospects look brighter, as economic activities re-start and pick up.

“Activities in the property sector are likely to improve gradually, following multiple initiatives taken to hasten recovery. These include relief measures such as the Home Ownership Campaign (HOC), real property gains tax (RPGT) exemption, and the lifting of the loan-to-value cap,” the analysts said.

A good reputation among clients was cited by the analysts as an additional point of optimism for Econpile.

“Long-standing relationships with clients give Econpile a competitive edge. Its capacity is well-sized to absorb multiple jobs at a time, which gives it an edge in efficiently executing works and enhancing reliability. The group is able to handle up to RM1 billion in orders at a time.

“This adds to its credentials, and helps to form strong business relationships with major construction and property development clients. As long as the requirements and specifications are diligently met, Econpile stands a good chance of securing more new orders from these clients,” the analysts added.

They said potential downside risks to their rating include failure for the company to secure new contracts, intensifying competition among piling contractors, and a prolonged downturn in the retail and property markets.

At 9.56am, shares of Econpile dipped 0.5 sen or 0.84% to settle at 59 sen, which values the piling market leader at RM795.81 million with around 98,500 shares traded.

The counter has rebounded from its yearly low of 31 sen on March 23, but remains 21.85% lower from 75.5 sen since the beginning of the year.

Posted by MonkeyFoo > 2020-08-18 21:37 | Report Abuse

3,4,5 no working, still fantasizing

Posted by sd99 > 2020-08-21 00:10 | Report Abuse

Soon you will fantasize when its up... wakakaka

Posted by sd99 > 2020-08-21 09:37 | Report Abuse

breakout....

Posted by sd99 > 2020-08-21 10:46 | Report Abuse

EPF now holds 8.16% of Econpile...
something is brewing............don't miss out!

Posted by PTL4Ever > 2020-08-21 22:38 | Report Abuse

Just waiting for the right time then it should go up.

Posted by RainT > 2020-08-24 10:22 | Report Abuse

what is brewing??

Posted by sd99 > 2020-08-24 11:51 | Report Abuse

More awards will be announced soon... why you think EPF is accumulating? Sure they have insider information oledi...
any how it makes sense for ECON as its one of the biggest piling company at Msia..

Posted by PTL4Ever > 2020-08-24 14:59 | Report Abuse

Moving now, better pick up more before it lifts off... Good luck guys

Posted by sd99 > 2020-08-26 14:40 | Report Abuse

Later FOMO's will arrive....

Posted by bebop > 2020-08-27 16:42 | Report Abuse

seriously AMinvest?? 0.17 sen?? WTF your analyst have been smoking? For the longest time your report always downgrade Econpile. Whats your ulterior motive?

Posted by sd99 > 2020-08-28 01:14 | Report Abuse

Don’t follow analyst... perhaps they are just plain stupid or have a motive!
ECON is one of the biggest piling companies in Malaysia and most of the big projects will benefit them.. ECRL as well, EPF knows something so they are collecting slowly almost everyday farking day!

Posted by investortrader88 > 2020-08-29 13:49 | Report Abuse

dont trust this ib ambank tp.tak boleh pakai their research.if this counter is not good epf wont collect everyday

Posted by RainT > 2020-08-30 19:10 | Report Abuse

why EPF buy this ?

Posted by Godofgambler > 2020-08-30 19:41 | Report Abuse

Epf buy because this econ got potential
TP1.00 near term.

Posted by abbyng > 2020-09-01 16:22 | Report Abuse

haha... don't trust bank! they said no good only they have chances to collect more... 瘦田没人耕，耕开有人争！！

Posted by Godofgambler > 2020-09-06 21:45 | Report Abuse

ECRL to resume..
Econwill will fly high

Posted by PTL4Ever > 2020-09-07 18:23 | Report Abuse

Breakout soon?

Posted by sivali > 2020-09-09 12:31 | Report Abuse

Die die die

Posted by Godofgambler > 2020-09-10 18:14 | Report Abuse

Econ berhad can easily reach more than Rm1

Posted by Godofgambler > 2020-09-10 18:14 | Report Abuse

Just timing

Posted by Gala Kat > 2020-09-11 14:56 | Report Abuse

Looks like being rated as a dead duck...

Posted by Godofgambler > 2020-09-11 21:09 | Report Abuse

Oh yeah i have confident in Econpile
Bigbnews out soon.

Posted by sd99 > 2020-09-12 23:40 | Report Abuse

Die die die your ass...
Dead duck you can eat...

Watch out soon... i bough more at .525-.530

Posted by Godofgambler > 2020-09-13 12:42 | Report Abuse

You will see Econ bhd fly

Posted by Godofgambler > 2020-09-13 17:59 | Report Abuse

Econ berhad will be awarded with more projecrs

Posted by Godofgambler > 2020-09-13 21:24 | Report Abuse

Ecoonnnnnn.

Posted by Godofgambler > 2020-09-14 09:07 | Report Abuse

Buy buy buy

Posted by sd99 > 2020-09-15 10:52 | Report Abuse

all on board?

Posted by Godofgambler > 2020-09-15 11:48 | Report Abuse

Buyyyyyyyyyyyy
Sailanggghhgggghghhhh

Posted by JK22 > 2020-09-15 13:42 | Report Abuse

From what i can recall. The IB have been giving negative on Econ since last year , before even Covid-19 got it name. Till last month still same negative review only with different reason. And seem like the IB know a lot about Econ , even If ECON keen or not keen on certain biz. . Quotation not attractive also he know...

This IB really do not like Econ . He is giving 67% downgrade . Hard to find a counter with this huge downgrade %

**
Econpile does not appear to be very enthusiastic about work packages from the East Coast Rail Link (ECRL) project as the quotations it has seen so far are not attractive. It believes that the right strategy is to go for later packages when prices become more palatable (we believe, as competition eases with most players having already locked in their capacity in earlier packages).
**

Posted by JK22 > 2020-09-15 15:46 | Report Abuse

But from RHB , acceptable

https://focusmalaysia.my/business/rhb-puts-buy-call-on-econpile-in-maiden-coverage/

Posted by sivali > 2020-09-15 20:31 | Report Abuse

Sure die

Posted by Sunshine123 > 2020-09-15 20:49 | Report Abuse

Econbhd will rise to above 60 sen soon. Can collect and keep.

Posted by Godofgambler > 2020-09-15 23:19 | Report Abuse

Rm1.00 is possible in shortest term

Posted by JK22 > 2020-09-16 12:54 | Report Abuse

IB wrote..

We are also mindful of the acute oversupply situation in the high-rise residential, retail mall and office segments, which translates to weak prospects in property-related job wins for piling contractors like Econpile.

But ECRL and Bandar Malaysia alone are huge enough prospects ..

https://www.theedgemarkets.com/article/zafrul-rm140b-bandar-malaysia-will-be-countrys-biggest-development

Posted by ThePowerOfGlove > 2020-09-16 13:00 | Report Abuse

Yes aah

Posted by ThePowerOfGlove > 2020-09-16 13:00 | Report Abuse

So what about pn17 status

Posted by ThePowerOfGlove > 2020-09-16 13:01 | Report Abuse

When going to be lifted

Posted by ThePowerOfGlove > 2020-09-16 13:01 | Report Abuse

Aah forgot already