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Investment EKOCHERAS @ JALAN CHERAS (V4) [MRT PROPERTY] [OT], Where Cheras becomes Mont'Jiulai

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Jagalat
post Aug 17 2015, 10:25 AM

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BlkJ site taken from another angle(left)
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Jagalat
post Aug 17 2015, 10:27 AM

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BlkH site, seems something is on...
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Jagalat
post Aug 17 2015, 10:28 AM

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BlkH site - zoom... some piles and perhaps a pile cap in progess
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Jagalat
post Aug 17 2015, 10:29 AM

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BlkE site ie yellow crane area, can't reach that far..Better view is to oberve from Jln Cheras
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TSaccetera
post Aug 17 2015, 05:40 PM

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QUOTE(Jagalat @ Aug 17 2015, 10:23 AM)
Thanks for the info...
Savills has been here for sometime already...
*
Savills recently took over CB Richard Ellis Malaysia (CBRE).

Long time ago, CBRE did managed some malls as well, including the infamous SStwo Mall.
CMW123
post Aug 17 2015, 08:28 PM

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QUOTE(CMW123 @ Aug 16 2015, 09:18 PM)
http://www.msn.com/en-my/news/other/ekoves...sets/ar-AAaZzHv

what is your comment on the financial and cash flow position of the developer?
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Anyone has comment on this?
Babizz
post Aug 17 2015, 08:49 PM

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QUOTE(accetera @ Aug 17 2015, 03:40 AM)
Savills recently took over CB Richard Ellis Malaysia (CBRE).

Long time ago, CBRE did managed some malls as well, including the infamous SStwo Mall.
*
oops.. SS2 cry.gif cry.gif any successful malls under their belt?
Jagalat
post Aug 18 2015, 10:53 AM

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QUOTE(CMW123 @ Aug 16 2015, 10:18 PM)
http://www.msn.com/en-my/news/other/ekoves...sets/ar-AAaZzHv

what is your comment on the financial and cash flow position of the developer?
*
The news was 4 months ago.
I would like to know too their financial and cash flow situation.
I try not to speculate.

Other daikors, pls advise. Thanks
neonikson1
post Aug 18 2015, 11:31 AM

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QUOTE(Jagalat @ Aug 18 2015, 10:53 AM)
The news was 4 months ago.
I would like to know too their financial and cash flow situation.
I try not to speculate.

Other daikors, pls advise. Thanks
*
Jagalat bro, better look at their quarterly report to know their cash flow status.
Jagalat
post Aug 18 2015, 11:47 AM

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QUOTE(neonikson1 @ Aug 18 2015, 12:31 PM)
Jagalat bro, better look at their quarterly report to know their cash flow status.
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Will do, bro, thanks... nod.gif
Any URL link to their quarterly report?

P/S: Saw you actively participating in Sendayan related thread recently. Should be making some profit there... hehe biggrin.gif

neonikson1
post Aug 18 2015, 11:56 AM

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QUOTE(Jagalat @ Aug 18 2015, 11:47 AM)
Will do, bro, thanks...  nod.gif
Any URL link to their quarterly report?

P/S: Saw you actively participating in Sendayan related thread recently. Should be making some profit there... hehe  biggrin.gif
*
Yep... am exploring seremban area, quite interesting. smile.gif
neonikson1
post Aug 18 2015, 12:08 PM

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Ekovest Berhad quarterly report.

http://ekovest.listedcompany.com/misc/quar...rt_20150331.pdf
Jagalat
post Aug 18 2015, 04:08 PM

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QUOTE(neonikson1 @ Aug 18 2015, 01:08 PM)
[quote=CMW123,Aug 16 2015, 10:18 PM]
http://www.msn.com/en-my/news/other/ekoves...sets/ar-AAaZzHv

what is your comment on the financial and cash flow position of the developer?
*


Have a quick glimpse about cash flow on pg4 and observed some negative values (negative net cash from operating activities, negative net cash used in investing activities etc)
(I am no expert, just reading only)

CMW boss, what do you think?
(Believe you have something in mind)

Have yet seen their June report made available from the link...

CMW123
post Aug 18 2015, 05:13 PM

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From the marketing brochure, the EKC land has been charged to Ambank. Since the land has been bought many years ago at low cost, the land cost should have been paid off presumably. Then this charge should be for bridging loan.

If there is really a bridging loan obtained from Ambank, there should be adequate cashflow available to fund and push the construction fast




takezhiro
post Aug 19 2015, 07:29 PM

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ekorjiulai
post Aug 21 2015, 03:34 PM

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Ekovest in starproperty news:
http://www.starproperty.my/index.php/artic...ure-titiwangsa/
Jagalat
post Aug 21 2015, 11:13 PM

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Weekend Side Track
http://www.theborneopost.com/2015/08/17/ek...n-duke-highway/

Ekovest in good stead with acquisition of 100 pct equity interest in DUKE highway
August 17, 2015, Monday

"On another note, Kenanga Research said that the major portion of the unbilled sales is from EkoCheras (gross development value (GDV) of RM1.6 billion) and expected to last until 2017."

Related PDF.
https://www.google.com/url?sa=t&source=web&...Zlt4jjvvJ_oBu3g




This post has been edited by Jagalat: Aug 21 2015, 11:17 PM
Jagalat
post Aug 23 2015, 03:20 PM

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Taken today, about 2 hours ago
BlkJ site
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This post has been edited by Jagalat: Aug 23 2015, 03:51 PM
Jagalat
post Aug 23 2015, 03:21 PM

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BlkJ site, taken from left angle
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Jagalat
post Aug 23 2015, 03:21 PM

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BlkH site, larger area dug..
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This post has been edited by Jagalat: Aug 23 2015, 03:23 PM

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