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Last Price Today's Change   Day's Range   Trading Volume
0.515   -0.02 (3.74%)  0.505 - 0.545  9,173,700
10,418 comment(s). Last comment by sd99 at Dec 4, 2020 11:47 AM
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sd99
388 posts

Posted by sd99 > Aug 7, 2020 9:49 AM | Report Abuse

Every day EPF accumulating, now they own 7.83% of Econpile shares.
confirm its gonna fly soon as ECRL contracts coming + Econpile is one of the biggest piling company in Malaysia


Melissa2
65 posts

Posted by Melissa2 > Aug 7, 2020 2:45 PM | Report Abuse

https://www.nst.com.my/news/nation/2020/08/613623/govt-reviews-ecrl-project-may-see-yet-another-realignment


sd99
388 posts

Posted by sd99 > Aug 8, 2020 12:38 AM | Report Abuse

Waiting patiently... TP is RM1.00
Better buy and keep some yeah


Dorothy
14 posts

Posted by Dorothy > Aug 8, 2020 11:12 AM | Report Abuse

@sdd99 where did u get tp RM1?


Hotstuff
1392 posts

Posted by Hotstuff > Aug 8, 2020 11:33 AM | Report Abuse

econ will soo go back to her glory day rm3 above


sd99
388 posts

Posted by sd99 > Aug 9, 2020 5:41 PM | Report Abuse

@Dorothy, well tp is from their internal people. Like said the are the biggest piling company... so check as well to understand better.

Many project will be awarded, even not a main con they will be sub-con.

EPF is accumulating for a reason daily almost 8% now...

However, this is not a call for contra play! You will need to buy and hold like an investor to reap the profits in coming months.


nomanland
3218 posts

Posted by nomanland > Aug 9, 2020 6:17 PM | Report Abuse

EPF Buy, I buy
EPF Sell, I sell
EPF knows something, I know nothing.


sd99
388 posts

Posted by sd99 > Aug 10, 2020 1:30 PM | Report Abuse

ahaa....true.. EPF buy is already a sign to enter...


sd99
388 posts

Posted by sd99 > Aug 12, 2020 10:21 AM | Report Abuse

EPF keeps buying... but price stagnant...wondering..
waiting patiently to fly...


investortrader88
2125 posts

Posted by investortrader88 > Aug 12, 2020 9:09 PM | Report Abuse

Change in the Interest of Substantial Shareholder (202008123600182)
Company Name ECONPILE HOLDINGS BHD
Stock Code / Short Name 5253 / ECONBHD
Date & Time Announce 12/08/2020 05:32:34 PM
Subject Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Content
Substantial Shareholder's Particulars
Name : EMPLOYEES PROVIDENT FUND BOARD
Address : Tingkat 19, Bangunan KWSP, Jalan Raja Laut 50350 Kuala Lumpur Wilayah Persekutuan Malaysia
NRIC/Passport No/Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia
Descriptions(Class & nominal value) : Ordinary Shares

Name & address of registered holder
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com

Details
Date of Change No of shares Price Transacted(RM) Transaction type
07/08/2020 300,000 0.000 Acquired

Description of other type of transaction :
Circumstances by reason of which change has occured

Nature of interest : Direct Interest
Direct (units) : 106,403,600
Direct (%) : 7.955%

Indirect/deemed interest(units) : 0
Indirect/deemed interest(%) : 0.000%

Total no of shares after change : 106,403,600
Date of notice : 10/08/2020

Remarks
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com

free website hit counter


sd99
388 posts

Posted by sd99 > Aug 12, 2020 9:50 PM | Report Abuse

Soon it will kaboom to >80cents


rancid31
22 posts

Posted by rancid31 > Aug 13, 2020 3:47 PM | Report Abuse

Tomorrow limit up, go go


sd99
388 posts

Posted by sd99 > Aug 13, 2020 4:51 PM | Report Abuse

its showing signs already... watch out for breakout!


sd99
388 posts

Posted by sd99 > Aug 17, 2020 11:14 AM | Report Abuse

https://www.theedgemarkets.com/article/rhb-investment-bank-starts-coverage-econpile-target-price-74-sen


sd99
388 posts

Posted by sd99 > Aug 17, 2020 11:15 AM | Report Abuse

better buy before it flies..... :) i am collecting more at .59 to average down my price..


sd99
388 posts

Posted by sd99 > Aug 17, 2020 5:52 PM | Report Abuse

wow...EPF keeps accumulating like crazy...from April 2020 holdings surged 1% to 8% today....


sd99
388 posts

Posted by sd99 > Aug 18, 2020 3:04 PM | Report Abuse

KUALA LUMPUR (Aug 17): RHB Investment Bank Bhd has initiated coverage of Econpile Holdings Bhd at 60 sen, a "buy" rating and target price of 74 sen.

In a note today, RHB Investment Bank analysts Muhammad Danial Abd Razak and Eddy Do Wey Qing said Econpile’s advanced array of piling equipment thanks to aggressive expansion efforts have given the company strength despite the downturn in local activities, which should bolster its foothold, and enhance its ability to provide end-to-end piling and foundation solutions for clients.

Econpile’s order book is worth RM700 million, which should provide revenue visibility over the next two years, the duo said.

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“The group is targeting RM500 million in new orders for FY21, having tendered for jobs locally and overseas. The share of infrastructure jobs may increase, as it expects to see more opportunities emerge in the local infrastructure space. Consequently, this should help to buffer the impact from the recovering property market,” they said.

Danial and Do also expressed hope for recovery of property demand, expecting government initiatives to stimulate construction activities and indirectly boost demand for piling works.

“Despite the challenges brought upon by Covid-19 and the collapse in oil prices in 1H20, prospects look brighter, as economic activities re-start and pick up.

“Activities in the property sector are likely to improve gradually, following multiple initiatives taken to hasten recovery. These include relief measures such as the Home Ownership Campaign (HOC), real property gains tax (RPGT) exemption, and the lifting of the loan-to-value cap,” the analysts said.

A good reputation among clients was cited by the analysts as an additional point of optimism for Econpile.

“Long-standing relationships with clients give Econpile a competitive edge. Its capacity is well-sized to absorb multiple jobs at a time, which gives it an edge in efficiently executing works and enhancing reliability. The group is able to handle up to RM1 billion in orders at a time.

“This adds to its credentials, and helps to form strong business relationships with major construction and property development clients. As long as the requirements and specifications are diligently met, Econpile stands a good chance of securing more new orders from these clients,” the analysts added.

They said potential downside risks to their rating include failure for the company to secure new contracts, intensifying competition among piling contractors, and a prolonged downturn in the retail and property markets.

At 9.56am, shares of Econpile dipped 0.5 sen or 0.84% to settle at 59 sen, which values the piling market leader at RM795.81 million with around 98,500 shares traded.

The counter has rebounded from its yearly low of 31 sen on March 23, but remains 21.85% lower from 75.5 sen since the beginning of the year.


MonkeyFoo
201 posts

Posted by MonkeyFoo > Aug 18, 2020 9:37 PM | Report Abuse

3,4,5 no working, still fantasizing


sd99
388 posts

Posted by sd99 > Aug 21, 2020 12:10 AM | Report Abuse

Soon you will fantasize when its up... wakakaka


sd99
388 posts

Posted by sd99 > Aug 21, 2020 9:37 AM | Report Abuse

breakout....


sd99
388 posts

Posted by sd99 > Aug 21, 2020 10:46 AM | Report Abuse

EPF now holds 8.16% of Econpile...
something is brewing............don't miss out!


PTL4Ever
71 posts

Posted by PTL4Ever > Aug 21, 2020 10:38 PM | Report Abuse

Just waiting for the right time then it should go up.


RainT
7527 posts

Posted by RainT > Aug 24, 2020 10:22 AM | Report Abuse

what is brewing??


sd99
388 posts

Posted by sd99 > Aug 24, 2020 11:51 AM | Report Abuse

More awards will be announced soon... why you think EPF is accumulating? Sure they have insider information oledi...
any how it makes sense for ECON as its one of the biggest piling company at Msia..


PTL4Ever
71 posts

Posted by PTL4Ever > Aug 24, 2020 2:59 PM | Report Abuse

Moving now, better pick up more before it lifts off... Good luck guys


sd99
388 posts

Posted by sd99 > Aug 26, 2020 2:40 PM | Report Abuse

Later FOMO's will arrive....


bebop
35 posts

Posted by bebop > Aug 27, 2020 4:42 PM | Report Abuse

seriously AMinvest?? 0.17 sen?? WTF your analyst have been smoking? For the longest time your report always downgrade Econpile. Whats your ulterior motive?


sd99
388 posts

Posted by sd99 > Aug 28, 2020 1:14 AM | Report Abuse

Don’t follow analyst... perhaps they are just plain stupid or have a motive!
ECON is one of the biggest piling companies in Malaysia and most of the big projects will benefit them.. ECRL as well, EPF knows something so they are collecting slowly almost everyday farking day!


investortrader88
2125 posts

Posted by investortrader88 > Aug 29, 2020 1:49 PM | Report Abuse

dont trust this ib ambank tp.tak boleh pakai their research.if this counter is not good epf wont collect everyday


RainT
7527 posts

Posted by RainT > Aug 30, 2020 7:10 PM | Report Abuse

why EPF buy this ?


Godofgambler
2714 posts

Posted by Godofgambler > Aug 30, 2020 7:41 PM | Report Abuse

Epf buy because this econ got potential
TP1.00 near term.


abbyng
3 posts

Posted by abbyng > Sep 1, 2020 4:22 PM | Report Abuse

haha... don't trust bank! they said no good only they have chances to collect more... 瘦田没人耕,耕开有人争!!


Godofgambler
2714 posts

Posted by Godofgambler > Sep 6, 2020 9:45 PM | Report Abuse

ECRL to resume..
Econwill will fly high


PTL4Ever
71 posts

Posted by PTL4Ever > Sep 7, 2020 6:23 PM | Report Abuse

Breakout soon?


sivali
84 posts

Posted by sivali > Sep 9, 2020 12:31 PM | Report Abuse

Die die die


Godofgambler
2714 posts

Posted by Godofgambler > Sep 10, 2020 6:14 PM | Report Abuse

Econ berhad can easily reach more than Rm1


Godofgambler
2714 posts

Posted by Godofgambler > Sep 10, 2020 6:14 PM | Report Abuse

Just timing


Gala Kat
749 posts

Posted by Gala Kat > Sep 11, 2020 2:56 PM | Report Abuse

Looks like being rated as a dead duck...


Godofgambler
2714 posts

Posted by Godofgambler > Sep 11, 2020 9:09 PM | Report Abuse

Oh yeah i have confident in Econpile
Bigbnews out soon.


sd99
388 posts

Posted by sd99 > Sep 12, 2020 11:40 PM | Report Abuse

Die die die your ass...
Dead duck you can eat...

Watch out soon... i bough more at .525-.530


Godofgambler
2714 posts

Posted by Godofgambler > Sep 13, 2020 12:42 PM | Report Abuse

You will see Econ bhd fly


Godofgambler
2714 posts

Posted by Godofgambler > Sep 13, 2020 5:59 PM | Report Abuse

Econ berhad will be awarded with more projecrs


Godofgambler
2714 posts

Posted by Godofgambler > Sep 13, 2020 9:24 PM | Report Abuse

Ecoonnnnnn.


Godofgambler
2714 posts

Posted by Godofgambler > Sep 14, 2020 9:07 AM | Report Abuse

Buy buy buy


sd99
388 posts

Posted by sd99 > Sep 15, 2020 10:52 AM | Report Abuse

all on board?


Godofgambler
2714 posts

Posted by Godofgambler > Sep 15, 2020 11:48 AM | Report Abuse

Buyyyyyyyyyyyy
Sailanggghhgggghghhhh


JK22
1032 posts

Posted by JK22 > Sep 15, 2020 1:42 PM | Report Abuse

From what i can recall. The IB have been giving negative on Econ since last year , before even Covid-19 got it name. Till last month still same negative review only with different reason. And seem like the IB know a lot about Econ , even If ECON keen or not keen on certain biz. . Quotation not attractive also he know...

This IB really do not like Econ . He is giving 67% downgrade . Hard to find a counter with this huge downgrade %

**
Econpile does not appear to be very enthusiastic about work packages from the East Coast Rail Link (ECRL) project as the quotations it has seen so far are not attractive. It believes that the right strategy is to go for later packages when prices become more palatable (we believe, as competition eases with most players having already locked in their capacity in earlier packages).
**


JK22
1032 posts

Posted by JK22 > Sep 15, 2020 3:46 PM | Report Abuse

But from RHB , acceptable

https://focusmalaysia.my/business/rhb-puts-buy-call-on-econpile-in-maiden-coverage/


sivali
84 posts

Posted by sivali > Sep 15, 2020 8:31 PM | Report Abuse

Sure die


Sunshine123
117 posts

Posted by Sunshine123 > Sep 15, 2020 8:49 PM | Report Abuse

Econbhd will rise to above 60 sen soon. Can collect and keep.

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