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

0.395 - 0.405

Trading Volume

1,877,700


14 people like this.

11,508 comment(s). Last comment by KWB5423 4 weeks ago

grace123

677 posts

Posted by grace123 > 2016-08-24 09:55 | Report Abuse

Leonfb good making profit cos business model difference on down stream unlike ann joo or masteel.

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-24 10:21 | Report Abuse

Entered both them. Now awaiting Masteel Q2 report.

grace123

677 posts

Posted by grace123 > 2016-08-24 11:05 | Report Abuse

What happen today flat.......?

grace123

677 posts

Posted by grace123 > 2016-08-24 13:15 | Report Abuse

Chart towards Holland.....management now in question.

ProfitMan

2,094 posts

Posted by ProfitMan > 2016-08-24 16:10 | Report Abuse

The support to monitor is 1.43 which is also the strong support.

traderman

7,854 posts

Posted by traderman > 2016-08-24 18:30 | Report Abuse

strong support ? wait to be broken only

ProfitMan

2,094 posts

Posted by ProfitMan > 2016-08-24 19:39 | Report Abuse

that is precisely why we monitor the strong support to see if it will be broken or not.

traderman

7,854 posts

Posted by traderman > 2016-08-24 20:13 | Report Abuse

sell. dont touch market now.

grace123

677 posts

Posted by grace123 > 2016-08-24 23:11 | Report Abuse

I agree.....

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-25 08:23 | Report Abuse

Not touching this counter for now. Have to monitor further.

007

1,902 posts

Posted by 007 > 2016-08-25 08:47 | Report Abuse

1.45: 1.38 : 1.31

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-25 11:14 | Report Abuse

Grace - Lucky never follow you to Pestech, later send me to Holland.

grace123

677 posts

Posted by grace123 > 2016-08-25 14:30 | Report Abuse

My apologize Nigel Low....anyhow both counter econpile and pestech good for investment. Have order book till 2018 and profitable last three years. With upcoming infrastructure builders and contractors need piling and our power increase approx 5-8% every year. God Willing you may get at least 50-60 % returned within 1 year depend on market condition. Lucky got bonus lagi song.

007

1,902 posts

Posted by 007 > 2016-08-25 15:02 | Report Abuse

follow rule strictly and you will never get caught

traderman

7,854 posts

Posted by traderman > 2016-08-25 16:18 | Report Abuse

u follow grace ???? he buy econ 1.6 then u should know ow good he is already ... hahahaha

grace123

677 posts

Posted by grace123 > 2016-08-25 17:03 | Report Abuse

Sometime stupid ppl like me 1.60 g can turn to good luck maybe end up 4.60.

grace123

677 posts

Posted by grace123 > 2016-08-25 17:13 | Report Abuse

I take a rest first ........since both counter remained flat till year end.

lkwah86

259 posts

Posted by lkwah86 > 2016-08-25 17:49 | Report Abuse

quarter result is out... not bad

George888

425 posts

Posted by George888 > 2016-08-25 18:06 | Report Abuse

rm17mil net profit. Econpile looks set to make min rm17mil & above for coming quarters.

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-25 18:23 | Report Abuse

Today happened to buy in MAA before closing. Saw Q2 result out earlier, more than 281 million profit, broke history. Econbhd Q2 result is better than my expectation, increased in revenue and profit, they have proven their worthiness again. A good company with fundamental, congrats!

traderman

7,854 posts

Posted by traderman > 2016-08-25 18:23 | Report Abuse

Nigel Low, not to spoil your mood but that is disposing of asset and return 35 cent to share holder. nothing to shout. next time see properly as profit cannot more then revenue hahaha

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-25 18:26 | Report Abuse

Yes, selling of Takaful to Zurich.

jenson68

1,317 posts

Posted by jenson68 > 2016-08-25 22:47 | Report Abuse

Good result!
As l said earlier, nothing wrong with Econpile, l will continue to accumulate by tomorrow……gogogo

Force

1,418 posts

Posted by Force > 2016-08-26 06:16 | Report Abuse

Result ok ah... tomorrow buy back :)

jenson68

1,317 posts

Posted by jenson68 > 2016-08-26 08:31 | Report Abuse

Organic growth & worth to keep for long run....…

"In 4QFY16 alone, Econpile secured two new contracts for piling and substructure works, namely a RM208 million contract from Oxley Rising Sdn Bhd for Oxley Tower KLCC development, and another RM54.5 million contract from Prestij Permai Sdn Bhd for SqWhere development in Sungai Buloh"( TheEdge )

Perhaps more project to come this year !

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-26 10:30 | Report Abuse

Yes, Econpile have been growing every year, so far not stopping in terms of growth.

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-26 10:36 | Report Abuse

This was taken from here, old news but with potential of many upcoming projects, this is the counter to look into. http://www.theedgeproperty.com.my/content/hsr-be-ready-2027-construction-take-seven-years

" Similarly, we expect investor interest to reignite on the LRT 3 project once the project delivery partner agreement is firmed up. Contracts are tipped to roll out towards the latter part of the second half of 2016. For construction or construction-related stocks within our universe, we remain “buy” on Gamuda Bhd, IJM Corp Bhd, Hock Seng Lee Bhd, KKB Engineering Bhd, Sarawak Cable Bhd, Kimlun Corp Bhd, Ikhmas Jaya Group Bhd, Econpile Holdings Bhd, Sunway Bhd and Malaysian Resources Corp Bhd. We also envisage multi-year benefits for the building materials sub-segment (Lafarge Malaysia Bhd, Ann Joo Resources Bhd) once these projects take off the ground. — AmInvestment Bank Bhd, April 25 "

jenson68

1,317 posts

Posted by jenson68 > 2016-08-26 10:41 | Report Abuse

Buy and keep in safety box...gogogo

mhchai

589 posts

Posted by mhchai > 2016-08-26 10:46 | Report Abuse

I tot it can drop to RM1 ?

jenson68

1,317 posts

Posted by jenson68 > 2016-08-26 12:24 | Report Abuse

Econpile is not a goreng counter.....no way to go for RM1 !!

optimus9199

2,794 posts

Posted by optimus9199 > 2016-08-26 12:54 | Report Abuse

up up up

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-26 17:33 | Report Abuse

Going up. Uptrend from now onwards until sell signal confirmation appear.

traderman

7,854 posts

Posted by traderman > 2016-08-27 18:49 | Report Abuse

Yellen just give sell signal haha

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-30 12:41 | Report Abuse

With so many infra and development along the way, I'm sure econpile will go on to bag contracts. HCK capital just announced launching 9 projects worth 8 billion GDV.

traderman

7,854 posts

Posted by traderman > 2016-08-30 13:54 | Report Abuse

problem is can you hold until this day to happen ? market will crash soon once fed announce interest hike. next year already 2017

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-30 14:57 | Report Abuse

Market correction, what crash......lol

jenson68

1,317 posts

Posted by jenson68 > 2016-08-30 15:23 | Report Abuse

Good counter....buy and keep in safety box.
You will be rewarded one day.

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-08-30 17:01 | Report Abuse

Thank you Econpile. In and out 2 times today, profit many many.

optimus9199

2,794 posts

Posted by optimus9199 > 2016-08-31 19:34 | Report Abuse

Of all the 3 pilling counters, Econpile is the most impressive.

jenson68

1,317 posts

Posted by jenson68 > 2016-09-02 11:46 | Report Abuse

Good counter with steadily growth. Hope can secure more project in the 2nd half !

jenson68

1,317 posts

Posted by jenson68 > 2016-09-05 12:06 | Report Abuse

TP 1.83 (大马投银硏究)

LGMGL_1

7,854 posts

Posted by LGMGL_1 > 2016-09-07 20:26 | Report Abuse

Sell down again

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-09-07 20:46 | Report Abuse

Normal for sell down after uptrend. Unloaded at 1.52, wait for correction then re-enter. Based on candlestick, the indication is very clear.

nekosan

3,637 posts

Posted by nekosan > 2016-09-07 20:54 | Report Abuse

nigel will drop to how low?

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-09-07 23:22 | Report Abuse

Sorry, no one knows the answer. It may even go up tomorrow.

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-09-08 11:21 | Report Abuse

Guess I'm wrong, my bad. Will come back in later today or tomorrow.

traderman

7,854 posts

Posted by traderman > 2016-09-08 20:30 | Report Abuse

Tomorrow will fall back to 1.51 hahah

optimus9199

2,794 posts

Posted by optimus9199 > 2016-09-08 21:18 | Report Abuse

Winning more contracts soon

jenson68

1,317 posts

Posted by jenson68 > 2016-09-09 16:31 | Report Abuse

Hold tide as company secure new projects and will be announce very soon !
Accumulate now before too late . Good Luck !

blueberg

281 posts

Posted by blueberg > 2016-09-09 17:02 | Report Abuse

Time and tide wait for no man.

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