EKOVEST BHD
KLSE (MYR): EKOVEST (8877)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.36
Today's Change
-0.005 (1.37%)
Day's Change
0.355 - 0.37
Trading Volume
15,055,100
Overview
Market Cap
1,068 Million
NOSH
2,965 Million
Avg Volume (4 weeks)
16,889,205
4 Weeks Range
0.335 - 0.41
4 Weeks Price Volatility (%)
87.80%
52 Weeks Range
0.32 - 0.62
52 Weeks Price Volatility (%)
58.06%
Previous Close
0.365
Open
0.365
Bid
0.36 x 749,200
Ask
0.365 x 1,322,200
Day's Range
0.355 - 0.37
Trading Volume
15,055,100
Financial Highlight
Latest Quarter | Ann. Date
30-Jun-2024 [#4] | 30-Aug-2024
Next QR | Est. Ann. Date
30-Sep-2024 | 30-Nov-2024
T4Q P/E | EY
-8.68 | -11.52%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
0.77 | 0.47
T4Q NP Margin | ROE
-10.32% | -5.38%
Market Buzz
2024-11-12
2024-11-08
2024-11-08
2024-11-08
News and Blogs
Related videos
Company Profile
Sector: CONSTRUCTION
Sector: CONSTRUCTION
Subsector: CONSTRUCTION
Subsector: CONSTRUCTION
Description:
Ekovest Bhd is a Malaysia-based company principally engaged in investment holding and civil engineering and building works. The group's operating segments are business units engaging in providing different products and services including Construction operations, Property development, Investment holding and Toll operations. The operations of the group are entirely carried out in Malaysia with the majority of the revenue generated from Construction operations.
Discussions
34 people like this. Showing 50 of 75,711 comments
Debt will be carried for Duke 3 which really is a pretty good highway...If they can do 5B for this, Duke 3 100% owned min. valuation 3.5B, probably 7B if they hold till listing
5 days ago
>UncleFollower
dont like that...people who stuck at 50-60 or even higher than 60 howwww?
Dear Uncle, i agreed with you. Investors have to apply their own strategies, nothing is 100% correct and 100% wrong. All investment tools have risk, sendiri responsible nia. Good luck to all investors. Cheers. Profit taking kick in.
5 days ago
>NatsukoMishima
>>Yes , a bomb worth 5 billion ! U dont want , i want , more billion bomb to come soon , this is cresendo 2.0 ! All in now !
Natsu all in oh, 1589? so power leh. So daring
5 days ago
https://theedgemalaysia.com/node/733071
sell highway for rm5bil mean ekovest debt will be very small afterward
5 days ago
Botak: (Nov 7): Malaysian tycoon Lim Kang Hoo is exploring selling his toll-road business, in a deal that could value the assets at as much as RM5 billion (US$1.1 billion), according to people with knowledge of the matter.
Is exploring ^^
5 days ago
Sell with debts one. RM5B will be the net income.
Inmagine EPF bought 40% duke 1 and 2 in year 2017 at Rm1.12b... And they want about 10% a year.. They need to pocket at least Rm2b in order to get their approval.
5 days ago
The highway concession is until 2069 and can hike toll fee from time to time...
EKOVEST hold 60% of Duke 1 and 2,balance 40% hold by EPF
EKOVEST hold 100% SPE
5 days ago
Actually, based on Year 2020 news report, initially whereby Ekovest plan to listed Duke 1&2 and SPE, whereby Ekovest plan to offer 25% share of its highway concession to raised RM3bil. IF 25% = RM3bil, then 100% will be RM12bil.
Below is the caption of the news:-
"The enterprise value for the three highways was about RM11 billion to RM12 billion, he said.
"Twenty-five per cent of the total enterprise value is about RM3 billion and we can raise that amount to pare down the debts and allocate some for working capital purposes.
5 days ago
Therefore, the current value of RM5bil for Duke 1 & 2 is actually quite a fair price.
5 days ago
I think LKH planning is like this.
Dispose the concession asset to reduce the debt.
The merger Ekovest, Knusford and IWCTY.
Convert Ekovest become a giant congloramate, position itself as the ideal JV partner for any China Company, and holding 4000 acre prime landbank in Johor to develop for next 30 years.
5 days ago
https://www.youtube.com/watch?v=nK2cmGXwEhw&t=90s
https://www.youtube.com/watch?v=gma52Cdbhz8&t=85s
Ada chance !
4 days ago
Parria stock ,rumour in also can”t move, mean fake news , if this 5 bil disposal happen Sendai or Mrcb ,2 day at least up 10 sen,
Rubbish ,useless stock ,wasting time ,
40 sen also stay above
4 days ago
40 sen need stay above at least 3 day , if not , all is uselss , rubbish ,uselss ,wasting time ,
1 day show up 2 sen , T+ 3 force selling will back gurantee back to 37 sen again
4 days ago
This parria stock plunge below 40 sen since early August , after that didn’t stay above 40 sen , till today ,
If this parria want go further to 50 sen
First need stay above 40 sen n tahan 3 day no drop below 40 sen ,if not , all good news is uselss rubbish , really call a Parria stock
4 days ago
Better grab all the cheap shares still available? Rebound soon?
Recap
https://www.forbes.com/sites/anismuslimin/2024/04/15/malaysian-real-estate-magnate-gets-ready-to-tap-prized-land-bank/
4 days ago
laulau
Bit out of date. 6 months behind. A lot of things can change within that time frame.
4 days ago
The facts remains the same. Accumulate on any weakness, the show is just beginning with more news release?
Malaysian Real Estate Magnate Gets Ready To Tap Prized Land Bank
Malaysia’s expanding economic ties with Singapore have made the southern state of Johor, where a new special economic zone is to be created, an investment hotspot for its tycoons. (SJ-SEZ to be signed on 8 December.)
Notable among them is property and construction magnate Lim Kang Hoo, whose firm, Ekovest Construction, a unit of his listed Ekovest, was awarded a nearly 2 billion ringgit ($422 million) contract in 2022 to build a rail link between the two neighbors that is now nearly two-thirds complete. (RTS Link to be completed soon by Ekovest)
Looking to leverage his group’s massive land bank in Johor, Lim announced a restructuring plan in September to consolidate privately held Knusford and Iskandar Waterfront Holdings as well as listed Iskandar Waterfront City (IWC) under Ekovest. (Once LKH monetize Duke 1&2, Ekovest will have the cash for the Merger Plan which is in progress?)
4 days ago
Yes! Way to Go! Buy the Dip!
# 1.
https://www.nst.com.my/news/nation/2024/10/1114313/johor-singapore-sez-agreement-be-inked-dec-8
#2.
https://www.bharian.com.my/bisnes/lain-lain/2024/01/1207076/kemajuan-pembinaan-projek-rts-link-mendahului-jadual-asal
#3. Ekovest agrees to six-month extension for merger discussion between subsidiary and Knusford
https://theedgemalaysia.com/node/720615
#4.
https://www.bharian.com.my/bisnes/korporat/2024/11/1321061/ekovest-mahu-jual-konsesi-duke-pada-harga-rm5-bilion-saham-melonjak
4 days ago
Situpid guy theyoungman kena stuck 53 sen ,n average down 48 sen ,45 sen ,43 sen 40 sen , bodddoh punya org , this parria stock plunge below 40 sen since early August till today ,almost 4 month, didn’t stay above 40 sen ,never stay before 1 day about 40 sen, situpid guy theyoungman kema stuck since early Feb 2024
4 days ago
The grapes are sour. Can't eat the grapes and saying grapes are sour. Bullet kosong liao ah? 😁 BUY
4 days ago
https://www.klsescreener.com/v2/news/view/1422139
According to Nanyang news , the sale of toll business is a fake news , confirmed by conmen !!! 😓
Like that also can ??
3 days ago
Sources: Ekovest’s Lim Kang Hoo mulls Duke concessionaire stake sale in potential billion-ringgit deal.
https://www.malaymail.com/news/money/2024/11/07/sources-ekovests-lim-kang-hoo-mulls-duke-concessionaire-stake-sale-in-potential-billion-ringgit-deal/156123.
Dated 7/11/2024, no comment!
3 days ago
Wa sudah cakap early ini fake news , first day up 2 sen , second plunge 1.5 sen
Wa bagi u org tau
Only QR NoV will determine it direction
1 ) Net loss , this parria stock will trade below 40 sen until 31 Dec 2024
2 ) net profit , will trade 40 sen - 50 sen for month Dec,
This paria want move further up ,
First criteria need break up 40 up n stay above 40 sen at least 3 day,
If wa are u , wa will wait until break up 40 sen only go in , no need wasting time follow this situpid guy buy on deep , kena stuck 53 sen already 10 month since Feb 2024
2 days ago
Judging by the share price( as qr will be released end of the month) I can guarantee you the coming report is gong to to be big loss again !!
1 day ago
If QR good, the share price won’t stay like that and you will see insiders sapu-ing non stop !!! Fart liao this conman s counter ! All retailers trapped with this sinking pirate ship Liao 🚢
1 day ago
this counter is required good news to move, good result not really can move a lots also
1 day ago
most important is they can approve the restructuring plan fast and list the highway soon. sure the price will be limit up!!
1 day ago
Qtr Sept should be good as last QtrJune did not incorporates a sales contract which will be reflected in this Qtr Sept to be announced within Nov….
23 hours ago
how can be good due to heavy interest expenses unless from gain on disposal of lands lo.
20 hours ago
Post a Comment
Featured Posts
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-11-12 16:40:00
TURTLE SYSTEM 20
5 Mins
SELL
2024-11-12 16:35:00
TURTLE SYSTEM 20
5 Mins
BUY
2024-11-12 16:30:00
EMA 5
10 Mins
BUY
2024-11-12 16:30:00
TURTLE SYSTEM 20
10 Mins
BUY
2024-11-12 16:15:00
EMA 5
5 Mins
BUY
Apps
Top Articles
2
3
bearisking
5
6
save malaysia!
7
HLBank Research Highlights
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Albukhary
Please also bearn in mind that under Ekovest Balance Sheet, there are 5-6bil of sukuk.
But out of this 5-6bil sukuk, got 2.5bil is under Kesturi.
When Ekovest dispose its entire holding on Kesturi, the 2.5bil will be remove from Ekovest as well.
So Ekovest debt will be reduce substantially, and at the mean time if the buyer purchase with cash, Ekovest cash will be increase by RM3bil.
5 days ago