Posted by jenson68 > 2016-10-20 18:59 | Report Abuse

Trader: why should you sell as good news is coming ? No logic at all !!

Posted by heaven123 > 2016-10-20 19:00 | Report Abuse

What i said is correct...traderman today asking ppl to sell. Econpile coming strong......more to come.

Posted by jenson68 > 2016-10-20 19:07 | Report Abuse

No worry, a good support at 1.70

Posted by mhchai > 2016-10-20 19:08 | Report Abuse

see to disbelieve traderman.

Posted by jenson68 > 2016-10-20 19:24 | Report Abuse

This forum is open to everyone, take your own risk.
But 愚者止于智者, do your homework is the priority!

Posted by optimus9199 > 2016-10-21 07:26 | Report Abuse

I expect the contract by AZRB and Pavillion to be announced by end of October.

Posted by Nigel Low > 2016-10-21 10:06 | Report Abuse

Yesterday, the arrival of Traderman helps pushed up shares again..

Posted by Nigel Low > 2016-10-21 11:12 | Report Abuse

Anyway if you're going, do share the summary of their meeting here ya. Thanks in advance.

Posted by traderman > 2016-10-21 11:12 | Report Abuse

100 shares also can attend

Posted by Nigel Low > 2016-10-21 11:23 | Report Abuse

Econpile gonna fly today. Yahooo.

Posted by Nigel Low > 2016-10-21 13:26 | Report Abuse

Ohhh....I tot Oct. My bad, I'll keep you posted in due time, need to check schedule.

Posted by Nigel Low > 2016-10-21 13:30 | Report Abuse

November 23rd is Wednesday btw.

Posted by heaven123 > 2016-10-21 15:04 | Report Abuse

Ask KYY and OTB to goreng fhis countet kuat kuat .

Posted by Nigel Low > 2016-10-21 15:15 | Report Abuse

This counter don't fall under short selling therefore not much to goreng. It's going up soon, just sit tight.

Posted by jenson68 > 2016-10-21 15:23 | Report Abuse

Econpile will fly to north soon.....gogogo

Posted by mhchai > 2016-10-21 16:27 | Report Abuse

where is traderman ?

Posted by Jayc Loke > 2016-10-21 16:37 | Report Abuse

TP 2 ? :) slow and steady counter . Buckle up boys , it will fly until you can't catch It

Posted by optimus9199 > 2016-10-21 16:37 | Report Abuse

wow 1.84 now

Posted by jenson68 > 2016-10-21 16:39 | Report Abuse

Uptrend

Posted by Jayc Loke > 2016-10-21 16:40 | Report Abuse

I reap 40 %profit from Kimlun when nobody is buying. It's same trend as Kimlun , slow and steady.

Posted by jenson68 > 2016-10-21 16:44 | Report Abuse

Be patient....let's wait for LOA , high chance to win the project. Cheers !

Posted by Nigel Low > 2016-10-21 16:52 | Report Abuse

Pls don't chase Traderman away, he is my lucky star. It's not pure concidence as I've been monitoring him numerous times, whenever he said "Run or Sell", it's also time for stocks move higher. Without him I'm lost.

Posted by optimus9199 > 2016-10-21 16:53 | Report Abuse

happy with todays closing 1.84

Posted by Nigel Low > 2016-10-21 16:54 | Report Abuse

Come Traderman, let me kiss kiss u.

Posted by optimus9199 > 2016-10-21 16:59 | Report Abuse

Explorer : the BBCC project by Ecoworld? I think most likely be given to Kerjaya.

I am not sure whether can Econpile get the MRT project package by AZRB, but previously AZRB had given one project to Econpile in June 2016.

Posted by Nigel Low > 2016-10-21 17:04 | Report Abuse

QR next month, bascially prepping for uptrend. Lets see, result date should be around 30th Nov.

Posted by traderman > 2016-10-21 17:05 | Report Abuse

congrats all

Posted by optimus9199 > 2016-10-21 17:06 | Report Abuse

Agreed, next quarter results in Nov usually be accompanied by dividend, of at least 1sen.

Posted by mhchai > 2016-10-21 17:06 | Report Abuse

traderman, still aim RM1.5 ?

Posted by optimus9199 > 2016-10-21 17:10 | Report Abuse

Explorer : I dont understand, if a contract is not awarded offiially to Econpile, how can it start work there? Unless the MRT 2 project was the one already given previously in March 2016 by AZRB.

Posted by optimus9199 > 2016-10-21 17:27 | Report Abuse

Their dividend payment is abt 30 -40% of net profit

Posted by optimus9199 > 2016-10-21 17:34 | Report Abuse

I see, actually i am more keen on the Pavillon Damansara and the other one is KVMRT by AZRB.

Posted by heaven123 > 2016-10-21 18:11 | Report Abuse

Traderman now making alot of noise in vivocom forum.

Posted by calvin > 2016-10-21 20:56 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5237673

Posted by calvin > 2016-10-21 21:02 | Report Abuse

Big project coming....hahahaha..TP:2.0

Posted by jenson68 > 2016-10-21 21:03 | Report Abuse

Hold tight.....more to come , cheers!

Posted by Nigel Low > 2016-10-21 21:16 | Report Abuse

Congrats to all investors. Strong momentum with bright future ahead, I'm sure more exciting news on the way.

Posted by Nigel Low > 2016-10-21 21:22 | Report Abuse

Let's see if Econpile can get a piece of East Coast Rail Link's project worth 55 billion as announced from today's budget.

Posted by traderman > 2016-10-21 21:34 | Report Abuse

Go go go...

Posted by optimus9199 > 2016-10-21 22:06 | Report Abuse

congrats to all holders of Econpile..... Now im looking forward to Pavillion Damansara Project

Posted by Nigel Low > 2016-10-21 22:55 | Report Abuse

Whatever the amount on contract doesn't matter, it goes to shows they are recognised for their work and credibility. Companies that had engaged them will keep returning whenever there's new projects.

Posted by CKNYAM > 2016-10-21 22:57 | Report Abuse

Vivocom’ entry into affordable housing will support earnings
October 19, 2016, Wednesday Sharon Kong, sharonkong@theborneopost.com


KUCHING: Vivocom International Holdings Bhd’s (Vivocom) entry into the affordable housing market will support earnings, the research arm of MIDF Amanah Investment Bank Bhd (MIDF Research) observes, given that there is ready demand for affordable housing in Perak and East Coast of Peninsular Malaysia.

According to MIDF Research in a corporate update, Vivocom management aspires to diversify the group’s project portfolio and improves its working capital via affordable housing projects.

“While an affordable housing project generally provides lower single-digit margin for contractors, nonetheless it generates orderbook backlog for longer-term as well as tighter contractual obligations,” the research arm said.

“This would help to match Vivocom’s total construction revenue and earnings with cash inflows from predictable progress billings.”

MIDF Research highlighted that the recently clinched Kinta Valley and Tronoh affordable housing projects are crucial as a learning curve to provide experience in value engineering, traction of gaining tender advantage and wide content application of industrialised building system (IBS) in constructing affordable housing units.

“Vivocom is upbeat especially in East Coast of Malaysia where the demand of affordable housing exceeds supply,” the research arm said.

It added that Vivocom’s management has indicated an expanding IBS content for building construction citing cost advantage as well as time savings as primary drivers.

In MIDF Research’s view, Vivocom’s interest in affordable housing segment comes as no surprise as the State Government of Perak has announced in January 2016, the rolling out of 10,000 units of affordable housing by 2018.

“The Perak Housing Department currently has a waiting list of more than 12,000 applicants for its affordable housing schemes.

“Another example is Terengganu, which has a waiting list of 56,000 applicants since end of 2015,” the research arm noted.

Meanwhile, on the strength on the group’s balance sheet, MIDF Research believed that Vivocom presents a compelling risk/reward opportunity amidst the pressured share price.

Vivocom’s orderbook of RM3.5 billion is at all time high or approximately 48-month orderbook backlog (38-fold financial year 2015 (FY15) construction revenue cover which is the highest in the research arm’s coverage).

Premised on the group’s FY15 working capital/net income cover of 12.1-fold and diligent FY15 working capital/orderbook cover of 0.03-fold, the research arm viewed that Vivocom’s balance sheet fundamental strength is set to outweigh the risk of heavy orderbook execution.

On to its FY16/FY17 earnings estimates, MIDF Research has altogether reiterated earnings projections which are underpinned by a growing orderbook of circa 15 per cent which will swell to more than RM4 billion based on affordable housing projects that Vivocom has tendered.

MIDF Research has also reaffirmed its ‘buy’ recommendation with a target price of RM0.63 per share based on FY17 sum-of-parts (SOP) methodology on an implied prospective price earnings ratio (PER) of 13-fold which is on the lower end of the research arm’s small to mid-cap construction PER range of 10-fold to 14-fold (up 1.3 standard deviation above the mean of 12).

Posted by CKNYAM > 2016-10-21 23:06 | Report Abuse

Total Value Date Receive LOA Date Commerce Date Completion Durations Remarks
1 Pavilion Hilltop, Mont Kiara fr CRCC 34,762,000.00 11/12/15 1/12/16 7/12/18 18 months
2 Rumah Selangorku Bdr Ulu Klang fr CRCC 116,400,000.00 12/8/15 1/18/16 7/1/17 18 months
3 1 Gateway Klang, Selangor fr CRCC 195,525,000.00 11/12/15 1/12/16 12/1/18 3 years
4 Neata Aluminium old orderbook as September 2016 351,753,000.00 11/12/15
Kemensah height (82.4mil),tamarind square(10.3mil),lumi tropicana (37.7mil), KL Gateway (15.4), Eclipse Residence (15mil)
5 Teras Millenium to Instacom for Telco Hub sites 29,000,000.00 11/12/15 1/12/16 8/12/16 7 months
6 Jointly Develop Kharisma Port Indonesia 1/15/16 No agreement sign
7 Desa Tasik Project fr Coneff Corp (2 block Commercial) 240,418,000.00 1/20/16 3/8/16 12/8/19 45 months
8 Desa Tasik Project fr Coneff Corp (24 storeys Condo ) 230,000,000.00 1/26/16
9 PBT Engineering for Third Avenue Cyberjaya to Neata 22,500,000.00 4/4/16 4/4/16 9/4/17 17 months
10 V-Development fr Gated Housing Bdr Ulu Klang 15,000,000.00 4/4/16 7/1/16 2/1/18 18 months
11 Green Venture Chepor Hulu Kinta Project 90,000,000.00 4/26/16
12 De Facto Wilayah Sultan Azlan Shah Hulu Kinta Project 160,000,000.00 5/5/16
13 Goldenhill Accenture Genting Sempah pahang project 46,000,000.00 5/20/16 7/20/16 7/20/18 24 months
14 Kiara5 Development Kg Kayu Ara Sg buloh 25,000,000.00 6/23/16 8/23/16 2/23/18 18 months
15 Lim Hoo Seng Construction Lorong stonor project to Neata 12,800,000.00 6/23/16 6/30/16 5/1/19 35 months
16 Seni perspek Bandar tasik Amanjaya Daerah kinta 756,000,000.00 8/4/16 JCA status
17 Green Venture Wilayah Chepor Project 18storeys Apartment 100,000,000.00 8/19/16 24 months
18 Dazamega Mukim Hulu Kinta Project 600,000,000.00 9/1/16 48 months HOA status
Total Project Pipeline that annouced in BursaMalaysia 3,025,158,000.00

Project Not Annouce Yet
19 Tropic Regal Sarawak 250,000,000.00
20 V Plaza Balakong 23,000,000.00
21 Regal Singapore 200,000,000.00
22 M101 Skywheel 500,000,000.00
23 Penang Tunnel 350,000,000.00
24. Gemas double railway

Posted by optimus9199 > 2016-10-21 23:13 | Report Abuse

Agreed with Explorer2....i hope their diversify into properties will get a better boost in revenue and profits soon.

Posted by Nigel Low > 2016-10-21 23:19 | Report Abuse

Thanks Explorer, Optimus, Jenson and rest of u for your kind contribution of research and info.

Posted by optimus9199 > 2016-10-22 07:56 | Report Abuse

Econpile is highlighted again in today's theedge weekly.

Posted by batman11 > 2016-10-22 08:00 | Report Abuse

Wtf pls don't do vivocom marketing in Econpile's place

Posted by optimus9199 > 2016-10-22 09:51 | Report Abuse

Just ignore that bigot

Posted by heaven123 > 2016-10-22 10:40 | Report Abuse

Econpile do get jobs from vivocom your heart so low standard hardly have any contribution in this forum get out same as Tradernan buat kacau.

Posted by heaven123 > 2016-10-22 10:47 | Report Abuse

Tradernan tp is from 2.5 to 3.00 .