ECONPILE HOLDINGS BHD

KLSE (MYR): ECONBHD (5253)

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Last Price

0.405

Today's Change

+0.005 (1.25%)

Day's Change

0.40 - 0.41

Trading Volume

1,472,100


14 people like this.

11,508 comment(s). Last comment by KWB5423 3 weeks ago

Posted by Sunshine123 > 2020-10-16 09:21 | Report Abuse

Any sifu has anything to say about Econbhd? I like this counter, but am not sure why the price has been falling.

sd99

805 posts

Posted by sd99 > 2020-10-16 09:42 | Report Abuse

because no projects announced yet...
just wait patiently and buy on weakness..

Melissa2

72 posts

Posted by Melissa2 > 2020-10-16 09:44 | Report Abuse

i personally think potential is there to go up by looking at the holding percentage by EPF + previous track records. Not to mentioned those glove or pharma counters, Well we all know lots of businesses was heavily affected due to the pandemic and definitely it takes time to pick up. Whether will it drop further will all depends on how well the 2nd wave is controlled but it seems we have yet to see any recovery momentum yet. Emphasizing on mid/long term investment, it will be good to keep. This is just my views.

Posted by Sunshine123 > 2020-10-16 09:48 | Report Abuse

Tq for your input, sd99 and Melissa2.

Posted by MoneyMonkey > 2020-10-16 23:40 | Report Abuse

long time low at 0.425... rebound can be 50% profit

Godofgambler

5,307 posts

Posted by Godofgambler > 2020-10-17 02:12 | Report Abuse

Buy this gold nuggetssssss...

Shines

2,824 posts

Posted by Shines > 2020-10-17 11:10 | Report Abuse

Bit Gold nuggets up this down le

Sylviamei

50 posts

Posted by Sylviamei > 2020-10-17 20:24 | Report Abuse

A gem that soon to be shine

sabdian

21 posts

Posted by sabdian > 2020-10-17 20:39 | Report Abuse

I will buy if below 0.40 cents again. Lucky I sold all the time 0.62cents.. Just wonder why EPF kept buying that time?

mf

29,135 posts

Posted by mf > 2020-10-17 21:00 | Report Abuse

College president resigns after more than 700 students test positive

Posted by MoneyMonkey > 2020-10-18 01:33 | Report Abuse

Budget coming. New projects may announce ?

JK22

1,789 posts

Posted by JK22 > 2020-10-18 13:45 | Report Abuse

Many prospects and opportunities coming , May be that is why EPF collecting . Bandar Malaysia , ECRL, HSR. Country need construction to lead the economy recovery.

JK22

1,789 posts

Posted by JK22 > 2020-10-18 13:46 | Report Abuse

Price drop may be due to PP fixing.

RainT

8,448 posts

Posted by RainT > 2020-10-18 19:06 | Report Abuse

EPF buying is cannot use as reason for u to buy

is only as supporting reasons only

good company , EPF sell

bad company , EPF buy

so ???

tamp0i

912 posts

Posted by tamp0i > 2020-10-18 22:28 | Report Abuse

Buy buy buy... I like buy low, not buy high... Buy buy buy

Melissa2

72 posts

Posted by Melissa2 > 2020-10-19 09:02 | Report Abuse

i think construction sector will be crucial and the lead after the covid

Burdoc

477 posts

Posted by Burdoc > 2020-10-23 10:17 | Report Abuse

believe or not this counter will go back more than rm1 in next 1-2 years. 300% for long term. :) ignore the small margin loss now.. invest for long term :)

Melissa2

72 posts

Posted by Melissa2 > 2020-10-23 11:59 | Report Abuse

Burdoc what you said is true. its just a matter of time. i believed this is mid to long term investment

Selina888

306 posts

Posted by Selina888 > 2020-10-23 12:15 | Report Abuse

This counter definitely undervalued . Although fewer construction projetcs, there are few good piling contractors around. A more realistic PE, the price should be around 60.

RainT

8,448 posts

Posted by RainT > 2020-10-23 15:43 | Report Abuse

@Burdoc

Mind to share why u so confident ECONPILE to be 300% in long term ?

ahwong95

166 posts

Posted by ahwong95 > 2020-10-23 15:44 | Report Abuse

because he is trap above 0.7

tamp0i

912 posts

Posted by tamp0i > 2020-10-23 22:26 | Report Abuse

^^ Hahahaha... I like.... Because trapped but realistically looking into construction sector, every counters are undervalued now due to of course political uncertainty + virus effect. Buy on weakness is true for some reason...

pineapple123

2,472 posts

Posted by pineapple123 > 2020-10-26 19:29 | Report Abuse

tampoi, so funny meh?

Econbhd worth for long term, but price keep dropping everyday, this is just something I don't understand.

Price is made cheap for EPF accumulating.

Burdoc

477 posts

Posted by Burdoc > 2020-10-26 22:34 | Report Abuse

I bought some at 40 cents. Plan to add more when 35. Stock cycle like bicycle wheel. No need fact. Just keep. My own view only.

mf

29,135 posts

Posted by mf > 2020-10-26 22:36 |

Post removed.Why?

RainT

8,448 posts

Posted by RainT > 2020-10-27 16:08 | Report Abuse

37 sen now

waiting down more

tamp0i

912 posts

Posted by tamp0i > 2020-10-27 23:08 | Report Abuse

No funny lah because I also got trapped mah... ;) Just prepare bullets and standby to enter stage by stage lor

Posted by MoneyMonkey > 2020-10-27 23:12 | Report Abuse

How deep down it can possibly go to?

Melissa2

72 posts

Posted by Melissa2 > 2020-10-28 12:51 | Report Abuse

Time to rebounce ?

Posted by kenneth_lbw > 2020-10-28 12:57 | Report Abuse

wait it touch 0.3

ahwong95

166 posts

Posted by ahwong95 > 2020-10-28 16:38 | Report Abuse

actually what happen to it?

JK22

1,789 posts

Posted by JK22 > 2020-10-28 16:38 | Report Abuse

what is the PP price ?

tamp0i

912 posts

Posted by tamp0i > 2020-10-28 17:08 | Report Abuse

1 month dropped 12 cents. End of November probably can buy 0.23. Then Xmas can buy 0.11

Posted by Sunshine123 > 2020-10-28 17:16 | Report Abuse

I think it probable won't drop any further. Am thinking of going in again.

RainT

8,448 posts

Posted by RainT > 2020-10-28 17:25 | Report Abuse

touch 1 yr low

Posted by MoneyMonkey > 2020-10-28 18:28 | Report Abuse

EPF has bought alot last month... Wait for Magic.

Mazhar3192

190 posts

Posted by Mazhar3192 > 2020-10-28 22:14 | Report Abuse

After agm going up..up

RainT

8,448 posts

Posted by RainT > 2020-10-30 15:01 | Report Abuse

EPF Buy then share price will up?

NAIVE

Sneakpeek

2,200 posts

Posted by Sneakpeek > 2020-10-30 15:15 | Report Abuse

I think this time around it will go below MCO price

Melissa2

72 posts

Posted by Melissa2 > 2020-10-30 15:38 | Report Abuse

if not mistaken MCO that time lowest closing price is 31sen.

ahwong95

166 posts

Posted by ahwong95 > 2020-10-30 16:09 | Report Abuse

52week low 0.30 sen. actually all construction company are in deep shit, econbhd, gbg, gadang..right now construction index close to all time low. we just need to bear with it.

Melissa2

72 posts

Posted by Melissa2 > 2020-10-30 16:14 | Report Abuse

very true. just hold on tight and sapu bit by bit to average your price. Once rainy days is over u will see sunshine.

Posted by MoneyMonkey > 2020-10-30 19:32 | Report Abuse

Lets wait for budget goodies on construction

Shines

2,824 posts

Posted by Shines > 2020-10-31 11:14 | Report Abuse

Dropping like shit, qr results must be bad.

pineapple123

2,472 posts

Posted by pineapple123 > 2020-11-01 18:38 | 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.

pineapple123

2,472 posts

Posted by pineapple123 > 2020-11-01 18:39 | Report Abuse

“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.

mf

29,135 posts

Posted by mf > 2020-11-01 18:41 |

Post removed.Why?

newbie4444

1,264 posts

Posted by newbie4444 > 2020-11-02 05:11 | Report Abuse

EPF bought also can still drop Bec contra kaki selling?

newbie4444

1,264 posts

Posted by newbie4444 > 2020-11-02 05:12 | Report Abuse

20-25 sen best buy?

Godofgambler

5,307 posts

Posted by Godofgambler > 2020-11-04 09:35 | Report Abuse

Tp0.80 soon

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