Ekovest -RM10 billion company in making

Original source: http://www.thestar.com.my/business/business-news/2017/01/18/ekovest-orderbook-to-exceed-10bil-in-18-to-24-months-time/

First bought Ekovest because it's defensive, dont expect it manages to grab so many projects in a short time, it's kind of unstoppable :)

Recent happenings

• Sale of a 40 % stake in the Duke concessionaire for RM1.13 billion and invites EPF to be its partners

• Won the biggest-ever project (DUKE-3) worth RM3.74bil, with a 50-year concession to collect tolls and keep construction segment busy for the next 3 ½ years
• River of Life

• Awarded two contracts to improve and beautify the Klang and Gombak rivers

• JV work package worth RM2.1bil for Pan Borneo Highway project

Oh, don’t forget the big one, RM6.32 billion job to build an expressway that consists of Kampung Baru Link, Istana Link and Kapar Link Expressway in the Klang Valley

I like the ambitious managing director of Ekovest Bhd, Lim Keng Cheng, he set the target to become the top 30 listed companies on Bursa Malaysia within five years.

Although market is full of uncertainties currently, but Ekovest looks super promising to me

It would be one of my core holdings in 2017

will definitely add more on weakness

For a detailed fundamental analysis on Ekovest, i suggest to take a look at http://klse.i3investor.com/blogs/wealth123/104926.jsp
it's written by WealthWizard in a professional manner


Disclaimer: it isn't a buying recommendation, your money, your decision