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

1,481,900


14 people like this.

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

heaven123

1,900 posts

Posted by heaven123 > 2017-08-21 10:55 | Report Abuse

below 3.00 still can buy.

Jun Yi Lim

432 posts

Posted by Jun Yi Lim > 2017-08-22 12:07 | Report Abuse

Result out tomorrow guys 23/8

flash777

618 posts

Posted by flash777 > 2017-08-22 13:24 | Report Abuse

Below 5.00 still can buy

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-23 10:42 | Report Abuse

3.03

Posted by Stockwatch Kim > 2017-08-23 10:44 | Report Abuse

RM3.20

kuaTAKtahu

1,485 posts

Posted by kuaTAKtahu > 2017-08-23 11:21 | Report Abuse

MACQUARIE rated buy call @ 3.50

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-23 16:53 | Report Abuse

good closing at RM 3.00

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-23 18:23 | Report Abuse

congrats to all holders of econpile, pre tax profit up 23%, revenue up 23%

apolloang

18,163 posts

Posted by apolloang > 2017-08-23 18:30 | Report Abuse

what this quarter profit just up a mere 10%,no growth already.strong sell

flash777

618 posts

Posted by flash777 > 2017-08-23 18:40 | Report Abuse

Lower than expectation, sell

flash777

618 posts

Posted by flash777 > 2017-08-23 18:41 | Report Abuse

Take profit on call warrant, dont get trapped by market maker

heaven123

1,900 posts

Posted by heaven123 > 2017-08-23 20:13 | Report Abuse

Next clearance level is 3.50.
Plenty of jobs in pipeline for econpile.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-23 20:43 | Report Abuse

As mentioned, Econpile has good chances to win the ECRL /LRT3 and BBCC constructions

solaris80

261 posts

Posted by solaris80 > 2017-08-23 21:06 | Report Abuse

BBCC already awarded to Ikhmas Jaya

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-23 21:16 | Report Abuse

BBCC Phase 2

KLCI King

3,220 posts

Posted by KLCI King > 2017-08-23 23:05 | Report Abuse

Net profit rises 23% & 13% in the last 2 quarters YOY but share price up more than 50% in 6 months time, hmm...., price run faster than profit growth. Good luck.

KLCI King

3,220 posts

Posted by KLCI King > 2017-08-23 23:08 | Report Abuse

Whole year's EPS = 15.09 cents,
stock price = RM3.00
Historical PE = 19.9 times

Not cheap & market has priced in its potential, not much meat left to eat. Good luck.

Jun Yi Lim

432 posts

Posted by Jun Yi Lim > 2017-08-24 06:54 | Report Abuse

Tp 3.2 still can hit? Won't be sell down today?

flash777

618 posts

Posted by flash777 > 2017-08-24 08:37 | Report Abuse

Rise from 1.00 until now 3.00. Joker say tp another 20cents. Switch to ikhmas la

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-24 09:11 | Report Abuse

Ikhmas Jaya has poor management teams which resulting in lower revenue and pre tax profits ever since listed.

flash777

618 posts

Posted by flash777 > 2017-08-24 10:17 | Report Abuse

No worry, in next few quarters ikhmas will "suddenly" become well managed company with promising revenue and profit growth. Lol

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-24 10:24 | Report Abuse

Maybank IB Retail Research



Econpile’s 4QFY6/17 net profit rose 12% YoY, taking FY6/17 net earnings to MYR80.7m (+20% YoY), accounting for 98% consensus full-year estimate. Excluding MYR1.1m disposal gain, FY6/17 core net earnings rose 18% YoY. No dividend was declared for the current quarter.



The stronger FY6/17 results were mainly attributable to 26% YoY increase in revenue driven by piling and foundation works for property development projects, infrastructure and other segment. This more than offset a 1.4 ppts increase in effective tax rate to 27.6% (FY6/16: 26.2%) and a 0.7ppts decline in PBT margin.



Econpile is riding on the robust construction outlook, buoyed by recovery in property development and progress in infrastructure development. With an order book of MYR1.2b (equivalent to 2.1x of FY6/17 revenue), the street is forecasting a 15% 2 -year EPS CAGR for FY6/17-19.



Among some of the jobs are: 1) MYR48.5m piling works at Jalan Conlay Kuala Lumpur; 2) MYR92.5m sub-contract work for the KVMRT2 project; and 3) MYR570.4m foundation and basement structure works for Pavilion Damansara Heights, among others.



Note that the group is tendering for about MYR2b worth of jobs, consisting mainly large-scale mixed developments and infrastructure projects in railway and roadway such as LRT3 and KVMRT2. Although the group is currently running at tight capacity, some of the projects are nearing completion, and this will free up some capacity to undertake more projects.



Brokers are still positively biased on the stock with three Buys and one Hold. However, the mean target price of MYR2.93 is below its last traded price, suggesting that investors should only buy on pullbacks. At current price, the stock is trading at 16.2x consensus FY6/18 EPS of 18.5sen, higher than its 3-year historical average PER of 13.9x.

traderman

7,854 posts

Posted by traderman > 2017-08-24 12:07 | Report Abuse

good stock. next tp 5

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-24 12:31 | Report Abuse

Econpile is an established pilling contractor led by Mr The Eng Cheng and Mr Pang Sar with 30 years experiences. The names of Econpile is established due to their on time delivery of projects and no delays, these will increase confidence on contractors towards Econpile.

heaven123

1,900 posts

Posted by heaven123 > 2017-08-24 13:09 | Report Abuse

Traderman my friend you been missing for sometimes.

heaven123

1,900 posts

Posted by heaven123 > 2017-08-24 13:10 | Report Abuse

I almost pengsan hearing 5.00 from you.

godhand

1,945 posts

Posted by godhand > 2017-08-25 12:41 | Report Abuse

possible what. pintaras also can achieve. i dont think econpile will lose to pintaras

heaven123

1,900 posts

Posted by heaven123 > 2017-08-25 13:48 | Report Abuse

Pintaras 4.00.!!!

godhand

1,945 posts

Posted by godhand > 2017-08-25 14:52 | Report Abuse

yea ah now econpile biggest marketcap

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-25 23:58 | Report Abuse

Nothing is impossible. Econpile is known for its good track record and consistently getting infrastructure projects from govt. Most importantly, it is able to maintain profit margins and growth.

heaven123

1,900 posts

Posted by heaven123 > 2017-08-26 15:17 | Report Abuse

Add 600 - 900 million infrastructure jobs easily for econpile.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-26 22:38 | Report Abuse

@heaven 123 : Are u attending the AGM Econpile Nov 23rd?

heaven123

1,900 posts

Posted by heaven123 > 2017-08-27 11:40 | Report Abuse

Perhaps no lah.

heaven123

1,900 posts

Posted by heaven123 > 2017-08-27 19:08 | Report Abuse

Don't forget one belt railways construction, econpile can participate...1 or 2 package will do yeah.

cheated

999 posts

Posted by cheated > 2017-08-27 19:23 | Report Abuse

One Belt means all contracts goes to China.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-28 07:22 | Report Abuse

Any idea when will the ECRL / LRT 3 projects will be awarded?

zexon

330 posts

Posted by zexon > 2017-08-28 08:55 | Report Abuse

Econpile doesn not tender any work package to Prasarana for LRT 3.

waitahh

73 posts

Posted by waitahh > 2017-08-28 10:25 | Report Abuse

Huuuraayyyyyy...up up more

heaven123

1,900 posts

Posted by heaven123 > 2017-08-28 11:30 | Report Abuse

Next breaking is 3.60.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-28 13:28 | Report Abuse

wow this Econpile is defying gravity! RM 3.50 in view

heaven123

1,900 posts

Posted by heaven123 > 2017-08-28 13:30 | Report Abuse

Optimus9199....another outstanding week .

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-28 13:59 | Report Abuse

Ya really marvellous stocks this Econpile. I hope it can continue to grow in years to come!

heaven123

1,900 posts

Posted by heaven123 > 2017-08-28 17:36 | Report Abuse

Attempts to break 3.00 failed.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-08-28 21:11 | Report Abuse

Poor sentiment in the general market overall during the afternoon session caused most shares to tumble.

flash777

618 posts

Posted by flash777 > 2017-08-29 09:34 | Report Abuse

Strong buy! TP RM 10.0

heaven123

1,900 posts

Posted by heaven123 > 2017-08-29 12:06 | Report Abuse

possible.

heaven123

1,900 posts

Posted by heaven123 > 2017-09-02 19:03 | Report Abuse

Start buy if price above 3.00.

heaven123

1,900 posts

Posted by heaven123 > 2017-09-05 18:20 | Report Abuse

OMG

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