Posted by optimus9199 > 2017-12-20 20:00 | Report Abuse

Buy as much as possible

Posted by Pgraduate > 2017-12-21 12:53 | Report Abuse

Why there is several Non-Kesm forum...got people talk about Kesm???
Desperado ka.....this forum is for econpile.
I already bought kesm 10 months ago at rm 4.50

Posted by zoomsbooms > 2017-12-21 13:11 | Report Abuse

@chloe so if you sell like this;
existing shares on 27/8 = 60,000 x 1.83 = 109,800
bonus shares on 9/10 = 80,000 x 1.81 = 144,800
warrant shares on 11/10 = 18,000 x 0.68 = 12,240

Total = rm266,840
Original amount = rm262,800

Profit = rm4,040

That should be a sweet experience, not a bitter one. It's just a matter of when do you buy and sell.

Posted by Mazhar3192 > 2017-12-21 13:46 | Report Abuse

Buy lor...div already bank in...bonus n warrant some more...

Posted by mamatede > 2017-12-21 16:29 | Report Abuse

Tomorrow is last day before ex.

Posted by Newbie1998 > 2017-12-21 17:12 | Report Abuse

Hi, i am newbie in shares market. Would like to ask will i still entitle to get bonus share if i sold all shares on 26th morning? and what is mean by ex-date and entitlement date?

Posted by mamatede > 2017-12-21 22:20 | Report Abuse

Hi @Newbie1998, yes you will be entitled for bonus shares and warrant if you sell on 26th December 2017. You need to own the shares one day before ex-date for entitlement.

Posted by Mazhar3192 > 2017-12-21 22:40 | Report Abuse

Get free dont want ka....ayyaaa...

Posted by optimus9199 > 2017-12-22 09:15 | Report Abuse

Buy as much as possible

Posted by calvin > 2017-12-22 13:23 | Report Abuse

Buy as much as possible+1

Posted by optimus9199 > 2017-12-22 16:30 | Report Abuse

Today last day to buy Econpile

Posted by ChloeTai > 2017-12-22 16:58 | Report Abuse

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 3.17 + 1 X 1.25)/(4 + 1 + 1) = RM1.265 (rounded off to RM1.27).
And the ECONBHD-WA temporary price = RM1.27 - RM1.25 = RM0.02.

Posted by zoomsbooms > 2017-12-22 17:02 | Report Abuse

chloe, sorry..can you clarify how you get that 1.25?

Posted by ChloeTai > 2017-12-22 17:03 | Report Abuse

If we were to refer to VIS trading after ex-date, it is better for us to sell all our mother shares held and bonus shares through our remisier right on the starting of next Tuesday trading while waiting for our free warrants. I believe the free warrants will hit limit up on the first trading day.

Posted by zoomsbooms > 2017-12-22 17:05 | Report Abuse

bonus shares can sell before listing ke?

Posted by ChloeTai > 2017-12-22 17:06 | Report Abuse

@ zoomsbooms: RM1.25 is the exercise price of the free warrants. Even though it is free but actually it has to be taken into consideration when calculating the adjusted all ex-price.

Posted by ChloeTai > 2017-12-22 17:10 | Report Abuse

@ zoomsbooms: Our remisier (Hong Leong Investment Bank) can do that but we can't do it using our own HLEBROKING system. I will sell all my shares held first by keying in myself. After that, I will call my remisier to sell the expected number of bonus shares. Their computer system can sell even though the shares are not available yet. But after T + 3, it will balance by itself.

Posted by zoomsbooms > 2017-12-22 17:14 | Report Abuse

how do you know the exercise price? sorry..really don't have idea about this

Posted by hakubasnow > 2017-12-22 17:38 | Report Abuse

On behalf of the Board, Kenanga IB wishes to announce that the Board has on 11 December 2017 fixed the exercise price for the Warrants at RM1.25 per Warrant representing a discount of approximately 0.12% to the theoretical ex-all price of Econpile Shares (after adjusting for the Proposed Share Split and Proposed Bonus Issue of Shares) of RM1.2514 per Econpile Share, calculated based on the 5-day VWAMP of Econpile Shares of RM3.1286 per Econpile Share up to and including 8 December 2017 (being the market day immediately preceding the price-fixing date).

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5633741

Posted by ChloeTai > 2017-12-22 17:43 | Report Abuse

http://www.malaysiastock.biz/Company-Announcement.aspx?id=1020646

@ zoomsbooms: Please refer to the above announcement.

Posted by zoomsbooms > 2017-12-22 18:40 | Report Abuse

i see..ok tqvm for your assistant..

Posted by optimus9199 > 2017-12-26 06:33 | Report Abuse

today ex date for Econpile. I am very happy to see my shares growing with just a cost price of RM 1.00 to RM 3.17 within 16 months

Posted by TheLegend27 > 2017-12-26 09:26 | Report Abuse

today buy still entitle?

Posted by mamatede > 2017-12-26 09:36 | Report Abuse

today buy entitle you nothing. @optimus9199 congrats

Posted by mamatede > 2017-12-26 09:44 | Report Abuse

entitlement date is 28DEC, wait after 28th than can consider entering.

Posted by grong > 2017-12-26 10:13 | Report Abuse

What happen my share still remain??

Posted by grong > 2017-12-26 10:35 | Report Abuse

The quantity on hand still remain? What happen?

Posted by seeker > 2017-12-26 10:37 | Report Abuse

the shares will adjust back on 28th. don't panic. quantity will then increase.

Posted by grong > 2017-12-26 10:41 | Report Abuse

Thanks Seeker. Im a Newbie :)

Posted by TheLegend27 > 2017-12-26 11:00 | Report Abuse

base on last week closing price 3.17 / 2.5 = 1.268. now share trade at 1.23. 3.8 cents undervalue? now buy profit?

Posted by goodjoe > 2017-12-26 11:37 | Report Abuse

this is a good company, just hold it and stay invested.

Posted by ChloeTai > 2017-12-26 15:30 | Report Abuse

Sold all my shares held by keying in myself. My bonus shares also all sold through my remisier. Now waiting for my free warrants. Should be around 10 January 2017. An announcement will be made before that.

Posted by optimus9199 > 2017-12-26 15:55 | Report Abuse

Good on you Chloe...I am still keeping my Econpile shares.

Posted by ruslimz > 2017-12-26 16:02 | Report Abuse

warrants 5 jan

Posted by mamatede > 2017-12-26 16:49 | Report Abuse

For this counter, if there's correction I will buy more.

Posted by Explorer2 > 2017-12-26 17:14 | Report Abuse

@ChloeTai - what is the logic of selling off all your holdings today? There are indications that the price will soften towards year end?

Posted by optimus9199 > 2017-12-26 18:29 | Report Abuse

@Explorer : she was just traumatized by her previous bad experience in Sunway Bhd.

To me, Econpile is a good strong company which have marvellous reputation and contracts flow. I dont see a panic to sell the mother shares now.

Posted by ChloeTai > 2017-12-26 19:49 | Report Abuse

@Explorer2: There are two reasons why I sold the mother shares held and bonus issues right on the first day:
(1) If we were to look at VIS after all ex-date trading, the mother share kept on going down while waiting for the listing of its free warrants,
(2) I want to raise cash to trade in the coming free warrants as it will be very active and volatile in the first 4 days of its listing (can be seen in VIS-WB). I believe ECON-WA will hit limit up of RM0.305 on the first day of trading. If I am lucky enough, I could buy some at RM0.305 even though the chance is quite low. I can't predict the second day whether or not it will hit the second limit-up at RM0.605.

Posted by mamatede > 2017-12-26 19:49 | Report Abuse

yalor how to earn money oh Chloe if u keep on panic sell like that.

Posted by ChloeTai > 2017-12-26 19:59 | Report Abuse

Where got lost woh! I bought at cum price RM3.07 and today I sold all at RM1.23. At this moment, no gain, no loss. But my coming free warrants will help me to earn a lot of net profit.

Posted by ChloeTai > 2017-12-26 20:12 | Report Abuse

Just wait until 10 January 2018, then you will know that ECON after ex-price will be very much lower than RM1.26. Before ex-date, of course, traders will keep the price stable but after the ex-date, no more incentive to hold the mother share (including its bonus issues) and thus, its price will keep on going down. Remember now each sen drop will have bigger impact compared to its cum price because the number or shares is now 5/2 times more.

Posted by optimus9199 > 2017-12-26 23:21 | Report Abuse

Well, it depends on each individual's trading pattern. For me, I will not be affected as my adjusted cost price will be just 40 -60sen per share and I have almost 800k shares in hand after adjustment

Posted by flash777 > 2017-12-27 09:16 | Report Abuse

Please sell as much as possible. I already cleared almost 1000k shares since November.

Posted by mamatede > 2017-12-27 10:03 | Report Abuse

cant wait for people to dump their stocks....

Posted by ibex2929 > 2017-12-27 10:56 | Report Abuse

Clear almost 1000k shares? Plus ur balance on hand, u must be substantial shareholder then.

Posted by zoomsbooms > 2017-12-27 11:02 | Report Abuse

chloe have her own style..i believe others as well..the most importnt thing is to make money..whether you are an investor or trader..and of course, we all want to make the most..

Posted by flash777 > 2017-12-27 12:01 | Report Abuse

No i am not

Posted by ibex2929 > 2017-12-27 12:37 | Report Abuse

For all holder / Investor / trader in this forum, you should make decision by own-self. However, please be aware of some sour grape, might jealous and giving you some irresponsible comment / advice. Don’t let this kind of comment to influent your Investment decision.

Posted by Explorer2 > 2017-12-27 14:13 | Report Abuse

@optimus; @ChloeTai; @ibex2929 - thanks for the opinions expressed. As for me, the fundamentals are still strong, profitable growth coming from projects like ECRL, MRT3, TRX, etc. However, costs of raw materials like steel bars and labour are also rising..so, each of us should trade according to our risk appetite.

Posted by mamatede > 2017-12-27 15:37 | Report Abuse

Dont need to commend on @ChloeTai decision ba, she has given up hope in KLSE already. https://klse.i3investor.com/blogs/Chloe_Tai_Blog/138884.jsp