ECONPILE HOLDINGS BHD

KLSE (MYR): ECONBHD (5253)

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Last Price

0.395

Today's Change

-0.005 (1.25%)

Day's Change

0.395 - 0.40

Trading Volume

11,000


14 people like this.

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

calvin

249 posts

Posted by calvin > 2017-12-01 17:18 | Report Abuse

so finally after bonus the mother share price will is RM 1.360(if use RM3.40 calculated la)

goodjoe

486 posts

Posted by goodjoe > 2017-12-02 14:47 | Report Abuse

you guys think it will push up to 3.40 before split?

astalavista

2,278 posts

Posted by astalavista > 2017-12-02 20:54 | Report Abuse

Guys..trying to understand the bonus..

If you hold 10,000 unit of mother shares...after split becomes 20,000 units

For free mother shares bonus if i understand..what was agreed is PROPOSED BONUS ISSUE OF 267,500,005 NEW SPLIT SHARES (“BONUS SHARES”) ON THE
BASIS OF ONE (1) BONUS SHARE FOR EVERY FOUR (4) SPLIT SHARES HELD ON THE SAME
ENTITLEMENT DATE AS THE PROPOSED SHARE SPLIT (“PROPOSED BONUS ISSUE OF
SHARES”)

So..20,000 ÷ 4 = 5000 new bonus mother shares will be received ? Am i correct ?

Confused with the english :)

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-02 23:53 | Report Abuse

@altavista : yes u are right.

If u have 10k of mother shares today, after the split and bonus, your total mother shares will become 25k with 5k warrants too

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-12-02 23:58 | Report Abuse

Correct

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-03 07:29 | Report Abuse

So if u buy Econ at RM 3.20, the ex adjusted price will be RM 1.28 at 25k shares

calvinteo

330 posts

Posted by calvinteo > 2017-12-03 10:43 | Report Abuse

Agreed with Optimus9199. With 5k free warrant A at zero cost.

AGM n egm done. Ex dividend 1.5 sen on 6/12/17.

5 years’ WA conversion price shld be fiixed soon.

My estimate listing of new bonus and WA likely end Dec 17 or early Jan 2018.

IMO - Invest and or trade at your own risk.

astalavista

2,278 posts

Posted by astalavista > 2017-12-03 14:34 | Report Abuse

Thanks guys..listing must be after 6th Dec

mamatede

3,950 posts

Posted by mamatede > 2017-12-04 11:18 | Report Abuse

@astalavista, must be 6th Dec to announce the listing date or 6th Dec ex date?

astalavista

2,278 posts

Posted by astalavista > 2017-12-04 14:49 | Report Abuse

I mean..the bonus annoucement listing must be after the 6th Dec i suppose..just a guess only

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-04 20:39 | Report Abuse

Of course the bonus listing will be made by end of Dec and before CNY 2018

ks55_

569 posts

Posted by ks55_ > 2017-12-05 09:14 | Report Abuse

Sell. Below RM 3 coming.

Mazhar3192

190 posts

Posted by Mazhar3192 > 2017-12-05 10:51 | Report Abuse

Higher high lor..

Posted by jimmylee123 > 2017-12-05 13:17 | Report Abuse

No worry if drop. Good potential stock.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-05 20:18 | Report Abuse

Malaysian market didnt perform well today

astalavista

2,278 posts

Posted by astalavista > 2017-12-06 09:46 | Report Abuse

Annoucement could be today for the bonus listing or by end of this week..just around the corner :)

mamatede

3,950 posts

Posted by mamatede > 2017-12-06 14:37 | Report Abuse

Recently dividend ex-date. so why sell @ks55? any sentiment or logical explanation or just you screaming ?

undertaker

146 posts

Posted by undertaker > 2017-12-06 20:35 | Report Abuse

Econbhd is worth to buy short or medium term, if u buy now u oldy make profits immediately... Why? Becoz the free Warrant oldy help u to make profits! If free warrant premium can go to 50% , warrant price will be Rm 0.690 ! Jz buy on weakness, is a sure win investment for Short or medium term !

undertaker

146 posts

Posted by undertaker > 2017-12-11 20:30 | Report Abuse

Finally!

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-11 21:16 | Report Abuse

Dec 26th ex date for share split, bonus n warrants

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-12 08:25 | Report Abuse

Buy as much as possible, ECRL contracts awarded last Friday

flash777

618 posts

Posted by flash777 > 2017-12-12 09:51 | Report Abuse

Sell as much as possible, after split this stock will go south.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-12 10:15 | Report Abuse

This is growth stock with good management people.

goodjoe

486 posts

Posted by goodjoe > 2017-12-12 10:16 | Report Abuse

FUD FUD FUD FUD.

seeker

126 posts

Posted by seeker > 2017-12-12 10:19 | Report Abuse

agreed with @optimus9199

mamatede

3,950 posts

Posted by mamatede > 2017-12-12 15:53 | Report Abuse

@flash777 not sure about this stock going south after split and all, reasons its movement is not that drastic like those semicond and the fundamentals has not change also, plus it is a good proxy to get involved in the construction industry in the country. I reckon it will follow Gkent pattern movement. Go check out Gkent.

ibex2929

133 posts

Posted by ibex2929 > 2017-12-12 22:45 | Report Abuse

Good Harvest paid to the patient investor. Fundamental remain strong for this counter. Christmas gift to the investor but not speculator.

undertaker

146 posts

Posted by undertaker > 2017-12-14 12:43 | Report Abuse

U really don’t know how to count! Absolutely wrong calculation

ruslimz

1,609 posts

Posted by ruslimz > 2017-12-14 16:19 | Report Abuse

do not assume,you can only calculate adjust price after closing on 22 dec........

undertaker

146 posts

Posted by undertaker > 2017-12-14 16:56 | Report Abuse

Warrant is the free one, how can u said rugi 0.05 ? If premium can achieve 45% , pls do your homework how much u earn !

undertaker

146 posts

Posted by undertaker > 2017-12-14 18:54 | Report Abuse

Pls do your homework

undertaker

146 posts

Posted by undertaker > 2017-12-14 18:56 | Report Abuse

Warrant premium will help you

Mazhar3192

190 posts

Posted by Mazhar3192 > 2017-12-14 19:16 | Report Abuse

3.10 someone keep throwing...accumulate..

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-14 19:23 | Report Abuse

The free warrants is worth 37.5sen per piece, if were to assume premium of 30% and if Econpile ex price is RM 3.12 with warrants conversion price of RM 1.25

undertaker

146 posts

Posted by undertaker > 2017-12-14 19:58 | Report Abuse

I think at least 40% premium more reasonable for the growth stocks & 5 years warrant.

undertaker

146 posts

Posted by undertaker > 2017-12-14 20:01 | Report Abuse

Look at the free warrant VIS-WB premium! Is Crazy high... If VIS wb can, why not Econbhd WA

ChloeTai

1,452 posts

Posted by ChloeTai > 2017-12-14 21:05 | Report Abuse

I would like to share how to calculate the all ex-price of ECONBHD taking today's closing price of RM3.08 and the exercise price of the warrant at RM1.25.

Assuming an investor has 2 ECONBHD shares. After the split, he/she has 4 ECONBHD shares and with this 4 splitted shares, he/she is entitled for 1 bonus share and 1 free warrant.
Hence, the all ex-price = (2 X 3.08 + 1 X 1.25)/(4 + 1 + 1) = RM1.235 (rounded to RM1.24).
And the ECONBHD-WA starting price = RM1.24 - RM1.25 = -RM0.01.

ChloeTai

1,452 posts

Posted by ChloeTai > 2017-12-14 21:41 | Report Abuse

I have yet to buy any ECONBHD shares because of my bitter experience from the corporate exercise of SUNWAY, as follows:

i. Proposed bonus issue of up to 2,804,471,128 new ordinary shares in Sunway (“Sunway Shares” or “Shares”) (“Bonus Shares”) on the basis of four (4) Bonus Shares for every three (3) existing Sunway Shares held on an entitlement date to be determined later (“Entitlement Date”) (“Proposed Bonus Issue of Shares”); and

ii. Proposed bonus issue of up to 631,006,003 free warrants in Sunway (“Warrants”) on the basis of three (3) Warrants for every ten (10) existing Sunway Shares held on the same Entitlement Date as the Proposed Bonus Issue of Shares (“Proposed Bonus Issue of Warrants”).

Its cum price was RM4.38 on 26/9/17 and its all-ex price was RM1.87 on 27/9/2017. Its SUNWAY-WB price hit limit-up on the first day at RM0.305, hit the second limit up on the second day at RM0.605, blocked by Bursa Securities at RM0.605 on the third day and went to a high of of RM0.735 on the fourth day (11/10/2017) with high volume.

But what happens to SUNWAY and SUNWAY-WB prices today (14/12/2017)? They are only RM1.60 and RM0.53 respectively.

Assuming an investor holds 60,000 shares of SUNWAY at cum price RM4.38 (with a cost of RM262,800). He/She is entitled for an additional 80,000 bonus shares making the total mother shares to be 140,000 and 18,000 free SUNWAY-WB shares. What is the total value today (14/12/2017)? It is = (140,000 X RM1.60) + (18,000 X RM0.53) = RM233,540.

As of today, it is a huge lost of RM262,800 - RM233,540 = RM29,260 (lost).

For me, I can vividly remember I sold everything on 10/10/2017 (when Bursa Securities blocked SUNWAY-WB price at RM0.605 - because a share is not allowed to hit limit up on three consecutive days) with just a very minor profit of RM723.50.

ChloeTai

1,452 posts

Posted by ChloeTai > 2017-12-14 22:02 | Report Abuse

Please refer to the forum CHRISSYCONN at
http://klse.i3investor.com/servlets/forum/900779068.jsp

You can see how RCHI and CONNIE trade FIFO (Fast-In, Fast-Out) on VIS-WB on 23 and 24 November 2017.

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-12-15 08:45 | Report Abuse

chloe..when was the bonus issue credited?

ChloeTai

1,452 posts

Posted by ChloeTai > 2017-12-15 09:34 | Report Abuse

@ zoomsbooms: The all ex-date is on 26/12/2017. The last day for buying to be entitled for the bonus issues and free warrants is on 22/12/2017.

zoomsbooms

783 posts

Posted by zoomsbooms > 2017-12-15 12:01 | Report Abuse

nope..i mean for sunway..

JayC

1,302 posts

Posted by JayC > 2017-12-15 14:51 | Report Abuse

construction sector is not in focus now. so it's normal that price is not moving. you need to wait until next year feb and mar for this sector to move forward

ChloeTai

1,452 posts

Posted by ChloeTai > 2017-12-15 15:22 | Report Abuse

@ zoomsbooms: At 8/10/2017.

mamatede

3,950 posts

Posted by mamatede > 2017-12-18 17:25 | Report Abuse

@ChloeTai, thank you for sharing ur Sunway experiences. Sunway is a very reputable counter with strong asset and cash generating abilities. Too bad that you cut lose, if i were you i will keep holding on. You have Suncon, Sunreit all under sunway group, who knows later you will have SunMed for its medical division. From the time of your writting and the actual price i see now, already become RM1.7 and warrant RM0.58. Looking at the bright side, more people can afford to buy sunway now, when mother share go up, eventually the warrant will have to follow also.

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-18 20:19 | Report Abuse

Up up up~ RM 32.8mil piling project obtained

Posted by Mohd Fahmi Bin Jaes > 2017-12-18 20:19 | Report Abuse

Sell on news

optimus9199

2,794 posts

Posted by optimus9199 > 2017-12-18 22:08 | Report Abuse

Buy as much as possible...ECRL project not yet be announced.

ntygis

74 posts

Posted by ntygis > 2017-12-19 10:17 | Report Abuse

buy more.

mymymybook

174 posts

Posted by mymymybook > 2017-12-20 08:41 | Report Abuse

Kesm is good buy. Semiconductor stock with a low P/E

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