Posted by OptimusCallMeBaba > 2017-05-17 00:25 | Report Abuse

upside very limited unless got new project

Posted by optimus9199 > 2017-05-17 00:51 | Report Abuse

Should be announcing a very impressive quarterly results soon

Posted by Cockcroach > 2017-05-17 08:11 | Report Abuse

Hopefully. Been holding since 1.9x
Maybe a corporate exercise on the cards?

Posted by Cockcroach > 2017-05-17 08:15 | Report Abuse

Hopefully. Been holding since 1.9x
Maybe a corporate exercise on the cards?

Posted by Nigel Low > 2017-05-17 11:45 | Report Abuse

Should be expecting QR very soon. When is the exact date, any idea?

Posted by optimus9199 > 2017-05-17 14:22 | Report Abuse

May 25th will announce results

Posted by Nigel Low > 2017-05-17 15:56 | Report Abuse

Noted. Thanks!

Posted by Nigel Low > 2017-05-17 18:44 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5429601
Mr. Pang Sar sold 5 mil of shares at 2.35 to institutional investor.

Posted by abangadik > 2017-05-17 18:45 | Report Abuse

he sold to IB to create callwarrant lor... so obvious..

Posted by Cockcroach > 2017-05-17 19:02 | Report Abuse

If someone buys from him at this price of 2.35, means there is more potential upside

Posted by optimus9199 > 2017-05-17 23:45 | Report Abuse

abangadik : How do u define institutional investor? I dont think investment bank (IB) is an instituitional investor.

Posted by abangadik > 2017-05-17 23:52 | Report Abuse

optimus u remember that large volume collection for kerjaya at 2.45-2.50? that was for the same thing to create kerjaya-ca,cb,cc... just an example for stock you hold. There are many2 others.

Instutional/ BB/IB/EPF/foreign fund: all these r same just standing different side at times or different agenda..

Posted by optimus9199 > 2017-05-18 00:11 | Report Abuse

But Kerjaya boss didnt sell any shares before to any institutional investors to create the Kerjaya CA/CB/CC..

Posted by abangadik > 2017-05-18 00:21 | Report Abuse

different ways for collection and locking of chips.. supply demand.. some from openmarket.. some from offmarket deal...or borrow shares.. many many ways.

For me.. as long as FA in tact.. company can continue to grow and deliver result.. I don't care about all these.. in fact happy for them to drive the price up one way or another.

Posted by Nigel Low > 2017-05-18 10:03 | Report Abuse

Since selling price was done at 2.35, there's only more upside to it. That's the way I see it.

Posted by optimus9199 > 2017-05-19 07:47 | Report Abuse

I agree. The price will be much supported above RM 2.35 for now, any prices below this level is good buy

Posted by optimus9199 > 2017-05-19 19:51 | Report Abuse

wow multi year high 2.46!

Posted by optimus9199 > 2017-05-20 16:59 | Report Abuse

Econpile is highlighted in the latest the edge weekly..

Posted by optimus9199 > 2017-05-20 18:43 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/05/20/gabungan-back-on-investors-radar/

Posted by OptimusCallMeBaba > 2017-05-20 23:31 | Report Abuse

Son, you said Gkent can reach RM4.80 when it was RM4.14, now sold all your Gkent shares oledi?

optimus9199 hope can reach RM 4.80 before ex date for share split
29/04/2017 17:27

Posted by Nigel Low > 2017-05-22 18:15 | Report Abuse

The Board of Directors of Econpile Holdings Berhad (“Econpile”) is pleased to announce that its wholly-owned subsidiary, Econpile (M) Sdn. Bhd. (“EMSB”) has on 19 May 2017, received and accepted a Letter of Acceptance dated 8 May 2017 from Pembinaan Kery Sdn. Bhd. to undertake piling works, basement and sub-structure works of the Phase 1 mixed development comprising of a 33-storey office block and a 8-storey podium at Lot 301, Seksyen 63, Jalan Conlay, Kuala Lumpur, Wilayah Persekutuan (the “Contract”).

Details of the full announcement is attached herewith.

This announcement is dated 22 May 2017.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5433497

Posted by Cockcroach > 2017-05-22 22:04 | Report Abuse

Well done !! More up tomorrow

Posted by optimus9199 > 2017-05-22 23:09 | Report Abuse

Up up up! Rm2.50 at least

Posted by optimus9199 > 2017-05-22 23:27 | Report Abuse

Among the major contracts awarded to Econpile so far are :
- Jalan Conlay sub structure work RM 48.5mil ( awarded on May 19th 2017 duration 15 months)
- MRT 2 diaphragm wall for the KVMRT project ( Awarded March 29th 2017 , RM 93mil, 450 Days)
- Damansara Pavillion project ( Awarded Feb 22nd 2017, RM 570mil, 28 months )
- SUKE Project ( Awarded Dec 28th 2016, RM 158.3mil, 17months)
- MRT 2 Viaduct Project ( Awarded Oct 21st 2016, RM 43.5mil, 24 months)
- Maju Project ( Awarded Oct 4th 2016, RM 280mil, 15months )
- 99, Jalan Ampang ( Awarded June 6th 2016, RM 208mil, 26 months)
- Prestij Permai Sg Buloh Project ( Awarded Apr 8th 2016, RM 53.5mil, 20 months)
- EcoMeridian Project, Penang ( Awarded March 31st 2016, RM 51.63mil, 14.5 months)
-EKVE from Ahmad Zaki ( Awarded March 3rd 2016, RM 76.9mil, 24 months)
- Mixed commercial lot from Ahmad Zaki ( Awarded Dec 31st 2015, RM 20.3mil, 8 months ---> COMPLETED JULY 2016)
- Nusmetro Persiaran Dutamas ( Awarded 24th Nov 2015, RM 95.5mil, 19 months ---> DUE TO BE COMPLETED JUNE 2017)
-WZR Properties ( Awarded on 1st Nov 2015, RM 120.5mil, 18 months, ---> TO BE COMPLETED MAY 2017)
- AZRB Jalan Sultan Ismail ( Awarded 6th June 2015, RM 49.9 mil.....COMPLETED SEPT 2016)
-Jalan Conlay ( Awarded Jan 2015, RM 128.9 Mil....COMPLETED DEC 2016)
- and a few more smaller projects worth between RM 23mil to RM 128mil , which were awarded in between June 2014 - Dec 2014th, all of them which already being completed by now.

Posted by optimus9199 > 2017-05-23 21:53 | Report Abuse

COMPANY UPDATE

 Econpile Holdings Bhd was awarded a
RM48.5 mln contract by Pembinaan Key
Sdn Bhd for piling, basement and substructure
work on a 33-storey office block
with a 8-stoery podium on a site located
in Jalan Conlay, Kuala Lumpur. The
project is expected to take 15 months to
complete.
Comments
 With the inclusion of the above contract,
Econpile has secured nearly RM1.2 bln
worth of new projects for FY17, which is
per our orderbook replenishment
expectation for the year. As the outlook
for the construction sector is still
buoyant, we lift our orderbook
replenishment assumption to RM1.0 bln
(from RM700 mln) for FY18 and this
raises our FY18 net profit forecast to
RM93.6 mln (from RM89.3 mln). There is
no change to our FY17 net profit estimate
at RM81.9 mln.
 At RM2.42, however, Econpile trades at
PERs of 14.9x and 13.1x for FY17 and
FY18 respectively, which are within its
peer averages. Hence, we retain our
HOLD recommendation on Econpile.
 We also lift our target price to RM2.40,
from RM2.30 after tweaking our earnings
estimates. Our target price is derived
from ascribing an unchanged target PER
of 13.0x to its FY18 (unchanged) EPS of
18.5 sen. The ascribed PER is within the
average of its peers with similar market
capitalisation.

Posted by heaven123 > 2017-05-24 13:21 | Report Abuse

flat.
Plenty of jobs coming.

Posted by OptimusCallMeBaba > 2017-05-25 17:35 | Report Abuse

My son optimus9199, have you sold all these counters, time no good already:
Gkent, Ekovest, Kerjaya, Econpile, superlon, magni, lii hen, padini, HSS, KESM, AEONCR, poweroot, AWC, Perstim, Yee Lee, Thong Guan, Poh Huat, MSC?

Posted by Nigel Low > 2017-05-26 17:49 | Report Abuse

Splendid result as usual. 22 mil profit.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5441177

Posted by calvin > 2017-05-26 17:51 | Report Abuse

divided 3sen nice....

Posted by optimus9199 > 2017-05-26 19:51 | Report Abuse

Wonderful results and performances.

Posted by heaven123 > 2017-05-28 14:20 | Report Abuse

Waited almost a year, engine belum panas to push.

Posted by optimus9199 > 2017-05-31 01:19 | Report Abuse

steady at 2.46

Posted by Nigel Low > 2017-06-02 16:27 | Report Abuse

Just noticed 2 more new warrant counters.

Posted by heaven123 > 2017-06-02 22:02 | Report Abuse

Got warrant hard for econpile cos' all thé way warrant con ppl.

Posted by optimus9199 > 2017-06-05 15:59 | Report Abuse

Write a comment..2.48 multi year high

Posted by optimus9199 > 2017-06-05 17:44 | Report Abuse

Sad to hear the BBCC project fell to Ikhmas

Posted by heaven123 > 2017-06-06 22:32 | Report Abuse

Plenty of jobs in pipeline. That part of small sum.

Posted by heaven123 > 2017-06-06 22:36 | Report Abuse

Time to show quality price level i.e. 4.00. If continue to get jobs but price remain low. Ppl also run.

Posted by Force > 2017-06-09 10:55 | Report Abuse

Just acc this morning:) right time to buy... now less trading

Posted by jOe_bangsar > 2017-06-14 15:42 | Report Abuse

good start..hoping to gain more secured piling project

Posted by optimus9199 > 2017-06-14 16:39 | Report Abuse

Hope can break 2.50 very soon

Posted by calvin > 2017-06-16 23:11 | Report Abuse

Next target 2.70-2.75,very strong now

Posted by optimus9199 > 2017-06-19 11:01 | Report Abuse

2.53 now! huat ahhh

Posted by heaven123 > 2017-06-23 13:24 | Report Abuse

Very song

Posted by heaven123 > 2017-07-14 13:55 | Report Abuse

time for econpile to move. Stay this level too long.
resistance level at 2.50.

Posted by optimus9199 > 2017-07-14 17:39 | Report Abuse

Broken 2.50 today with strong values after McQUarie raised the TP RM 3.50

Posted by heaven123 > 2017-07-14 21:18 | Report Abuse

Wonderful TP.

Posted by optimus9199 > 2017-07-17 09:19 | Report Abuse

wow 2.60 now

Posted by godhand > 2017-07-17 09:32 | Report Abuse

congrats to all econpile investor including myself

Posted by waitahh > 2017-07-17 09:57 | Report Abuse

Yahoo!!!