ECONFRAME BERHAD

KLSE (MYR): EFRAME (0227)

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Last Price

0.58

Today's Change

+0.015 (2.65%)

Day's Change

0.565 - 0.59

Trading Volume

6,899,300


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1,397 comment(s). Last comment by moneymanager 8 hours ago

BradonOoi

800 posts

Posted by BradonOoi > 2 months ago | Report Abuse

Got one catalyst currently. If Jerome Powell says the Fed will cut rates at Jackson Hole, then this counter will rise with the entire market

Posted by Stock4Real > 2 months ago | Report Abuse

Believe in eframe N4rc0t.... just a lil small push only... uptrend around the corner

Posted by MarketNavigator > 2 months ago | Report Abuse

Let's go. Next week Eframe shoots up to 70 cents and above !

https://www.wsj.com/livecoverage/stock-market-today-jackson-hole-jerome-powell-08-23-2024

IdrakUsama

168 posts

Posted by IdrakUsama > 2 months ago | Report Abuse

ia masih singgah di 67 sen sana 😅 Petang baru ada show ?

Posted by elmendaman > 2 months ago | Report Abuse

This week show time, push eframe price higher!

Posted by FlashParadox > 2 months ago | Report Abuse

Will the growth of Eframe align with Mah Sing's outlook?

https://www.propertyguru.com.my/property-news/2024/8/211724/mah-sing-group-berhads-budget-2025-wishlist

LuckyGuns

73 posts

Posted by LuckyGuns > 2 months ago | Report Abuse

Yes, more housing = more door frame demand

Profit101

63 posts

Posted by Profit101 > 2 months ago | Report Abuse

Eframe order book will keep growing, game is still on

Waller

138 posts

Posted by Waller > 2 months ago | Report Abuse

It is estimated that the global aluminum doors and windows market will reach US$75.5 billion in 2030, with an annual growth rate of more than 4%. We can see that this company will continue to grow

BradonOoi

800 posts

Posted by BradonOoi > 2 months ago | Report Abuse

Ya, they are driven by increasing construction activities, renovation projects, and the growing demand for energy-efficient solutions

Posted by Dividend4You > 2 months ago | Report Abuse

Property & construction back on game now and eframe getting more steadier too

Posted by grimpoinvestor > 2 months ago | Report Abuse

Hold Econframe, as a total door solutions provider and hold approximately 60.0% market share in the metal frame doors segment in Malaysia.

Ghazaar

319 posts

Posted by Ghazaar > 2 months ago | Report Abuse

This net cash company is set to rise on good sentiment in the property sector. Be ready for it 😁

gkent2000

268 posts

Posted by gkent2000 > 2 months ago | Report Abuse

Huge buying rate (93.35%) today. A surge is coming?

Posted by Crazy Shark > 2 months ago | Report Abuse

PLEASE DONT LAUGH....
I am thinking to change all my home door frame to support the KING... should I or should I not? 👨‍👨‍👧‍👧

Posted by biggie0000 > 2 months ago | Report Abuse

Why not? Just change if you can, I keep collect wa first

stampid54

310 posts

Posted by stampid54 > 2 months ago | Report Abuse

You are crazy, crazy shark 😆

Posted by FlashParadox > 2 months ago | Report Abuse

As residential sales continue to grow, there is no doubt that another rebound is coming

Posted by MarketNavigator > 2 months ago | Report Abuse

Oops, my expectations were shattered ... Now we have to wait next month for it to break 70 cents

Posted by grimpoinvestor > 2 months ago | Report Abuse

patiently waiting for result....... rebound is imminent..........

N4rc0t

97 posts

Posted by N4rc0t > 2 months ago | Report Abuse

Eframe need some good news or price gonna stuck here again

Waller

138 posts

Posted by Waller > 2 months ago | Report Abuse

We can wait for the boss to buy back the shares 😉

BradonOoi

800 posts

Posted by BradonOoi > 2 months ago | Report Abuse

Warrant conversion continues ... I think we wait until the exercise is over and see ..

Posted by Stock4Real > 2 months ago | Report Abuse

Econframe still have a huge local market share - catch the rebound before too late

IdrakUsama

168 posts

Posted by IdrakUsama > 2 months ago | Report Abuse

nampaknya Eframe belum tunjuk momentum yg kuat. Tunggu besok dan tengok

Posted by elmendaman > 2 months ago | Report Abuse

Eframe price are bottoming & rdy for uptrend soon, all you need to do is collect a lil bit everyday

LuckyGuns

73 posts

Posted by LuckyGuns > 2 months ago | Report Abuse

snipe more warrant first...

Ghazaar

319 posts

Posted by Ghazaar > 2 months ago | Report Abuse

Continue to consolidating at 67 cents, it seems like ..

Popeye

487 posts

Posted by Popeye > 2 months ago | Report Abuse

💢 Announcement
(I) INCORPORATION OF DUROE GLASS SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF ECONFRAME; AND
(II) PROPOSED ACQUISITION OF MACHINERIES AND MOTOR VEHICLES BY DUROE GLASS SDN. BHD. FROM SURIA KACA SDN. BHD., FOR A PURCHASE CONSIDERATION OF RM3,000,000.00 💢

Popeye

487 posts

Posted by Popeye > 2 months ago | Report Abuse

💢 The Board of Directors of Econframe wishes to announce the Company had on 3 September 2024, incorporated a wholly-owned subsidiary, namely Duroe Glass Sdn. Bhd. (“Duroe Glass”). Simultaneous with the incorporation of Duroe Glass, the Company had through Duroe Glass entered into an Assets Purchase Agreement with Suria Kaca Sdn. Bhd. (“Suria Kaca” or the “Vendor”), for the acquisition of machineries and motor vehicles (“Assets”) for a purchase consideration of RM3,000,000.00, of which RM2,996,500.00 is to be satisfied in cash and the remaining RM3,500.00 shall be via the issuance and allotment of 3,500 new ordinary shares in the share capital of Duroe Glass (“Consideration Shares”) at an issue price of RM1.00 per Consideration Share to the Vendor’s appointed nominee, i.e. Mr. Sim Han Kai (“Mr. Sim”) (“Proposed Acquisition of Assets”).



In conjunction with the Proposed Acquisition of Assets, the Company had, on the same date, entered into a Shareholders’ Agreement with Mr. Sim, who is also the director and major shareholder of Suria Kaca, for the purpose of regulating their relationship with one another and to record the terms agreed between them to govern the management and operations in relation to Duroe Glass. 💢

Popeye

487 posts

Posted by Popeye > 2 months ago | Report Abuse

💢 Thinking will Mr. Sim Han Kai be in Econframe Bhd later as Director? 💢

stampid54

310 posts

Posted by stampid54 > 2 months ago | Report Abuse

wow, another acquisition for Econframe. Purchase price of Duroe Glass Sdn. Bhd is way more cheaper than ETA World

BradonOoi

800 posts

Posted by BradonOoi > 2 months ago | Report Abuse

Glass and metal door frames will make the interior design more interesting and fancy 😀

Profit101

63 posts

Posted by Profit101 > 2 months ago | Report Abuse

ECONFRAME beli aset Suria Kaca bernilai RM3 juta
https://www.dagangnews.com/article/econframe-beli-aset-suria-kaca-bernilai-rm3-juta-40598

Posted by Dividend4You > 2 months ago | Report Abuse

Finally Econframe back on track...

Posted by Crazy Shark > 2 months ago | Report Abuse

This few days market seem to have lesser traders around... as the volume remain pretty low in total... but luckily our econframe seem to have consistent trading in volume and people are queuing as well... 🤑

Posted by Crazy Shark > 2 months ago | Report Abuse

End of this month for the completion of buying assets of Suria Kaca and it will stop operating where by Mr SIm will join Econframe's Duroe Glass as director with 35% holding and parent company Econ hold 65%...

Posted by Crazy Shark > 2 months ago | Report Abuse

Thanks to Profit101 for the article sharings...
Just cant copy the sentence...?

gkent2000

268 posts

Posted by gkent2000 > 2 months ago | Report Abuse

I think Dagang News prohibits readers from copying and pasting its content ..

Posted by grimpoinvestor > 2 months ago | Report Abuse

New acquisition, more business opportunity...

Posted by biggie0000 > 2 months ago | Report Abuse

Duroe Glass + LYA, Eframe tapping more into glass frames expertise

IdrakUsama

168 posts

Posted by IdrakUsama > 2 months ago | Report Abuse

Potensi yg besar utk mencantikkan reka bentuk dalaman. Perniagaan Eframe akan jadi lebih laku

stampid54

310 posts

Posted by stampid54 > 2 months ago | Report Abuse

BIMB expects robust property sector in 2025. Sound like a good news to Econframe too

https://theedgemalaysia.com/node/725286

Posted by Stock4Real > 2 months ago | Report Abuse

believe in eframe, property uptrend around the corner

N4rc0t

97 posts

Posted by N4rc0t > 2 months ago | Report Abuse

EFRAME-WA cheap right now, negative premium

BradonOoi

800 posts

Posted by BradonOoi > 2 months ago | Report Abuse

Let's see if Eframe will challenge to break through 70 cents within this month

Posted by Crazy Shark > 2 months ago | Report Abuse

👁‍🗨 With these developments, $EFRAME (0227.BMS)$ is clearly not standing still. It’s growing, acquiring, and positioning itself as a major player in the Malaysian building materials market. If you’re not looking at this company yet, you might want to start paying attention.

Posted by elmendaman > 2 months ago | Report Abuse

more & more acquisition are coming from Eframe, buckle & and get rdy

LuckyGuns

73 posts

Posted by LuckyGuns > 2 months ago | Report Abuse

Finger crossed & EFRAME will climb up with next property/ construction cycle

Posted by Crazy Shark > 2 months ago | Report Abuse

The Next Growth Chapter for Econframe Berhad [LorieGan wrote a post · Sep 4 20:58]

EFRAME has just taken a major step in strengthening its market presence and operational efficiency with a new corporate exercise. As a long-time investor in EFRAME, this latest news caught my attention.

Let’s dive into what’s happening and why it could be game-changing for the company.
A New Subsidiary and Asset Acquisition

EFRAME has incorporated a wholly-owned subsidiary, Duroe Glass Sdn Bhd, and has entered into an agreement to purchase machinery and motor vehicles from Suria Kaca Sdn Bhd for RM3 million.

This acquisition includes key machinery such as glass-cutting machines, glass tempering ovens, and several other critical equipment essential for glass processing. This move positions Econframe to bring glass processing in-house, marking a significant shift in how the company operates.

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