With the current fire starting to grow stronger in Gunung, I would like to tell you why this is the best time for you to hunt into Gunung before it is too late for you again.
To recap 2016, one of the hottest super star in the KLSE could not be completed without the presence of Ekovest Berhad (Ekovest 8877) as one of the top 3 star, if not, Ekovest could potentially be the no.1 top star in 2016. Albeit taking a slow start in the 1st quarter of 2016, Ekovest started it's throttle in 2nd quarter of 2016, and the momentum continue towards November 2016, which saw the share price picking up from a lowly RM 1.00 to peak of RM 2.60 in just 8 months, chalking up 260% in capital appreciation.
Now what had Ekovest got to do with me? To recall the event, I had been been putting Ekovest as a prime target since August 2015. Yes, I am telling you that it is August 2015. And that is the period of time where Ekovest do not have any good earning, no trading volume. And to make it brutal, technically nobody is giving me a "hoot" on what I am talking about on Ekovest during that period of time, because it is apparently a dead stock without player, without volume, without excitement and a dull flat laying counter.
At this instant, you could be wondering, where the heck did Mr.Bone talk about Ekovest ? It is not even being featured inside his personal blogging journal. Little do I need to inform you that I actually do have a small group chat that talk about stocks. And apparently, I had been "promoting" on Ekovest during that period (All the way back starting from August 2015). Of course, some of them are smart enough to take my word seriously and caught a good journey later on. However, I would lament that they deserve it and should be rewarded with this good profit for their patient on holding into this stock for almost 1 year.
Now that Ekovest had become a full blown flower, it could technically take some time for adjustment and consolidation after a series of projects and asset sale that help boost up the share price of Ekovest. While this is a good event after all, I do feel a little bit incomplete due to the fact of me missing a small writing on Ekovest in my blogging journal, probably I had gone lazy and have it auto running. As for Gunung, now I will not want to waste this journey again.
So by now, you would be wondering what does Ekovest had to do with Gunung ?
What if I am going to tell you that Gunung could be the "Ekovest" of 2017 - 2018 ?
VS
Firstly, both of them have corporate exercise to enlarge outstanding share. For the case of Ekovest, it is a share split for 1 to 2, putting it's par value to RM 0.50. As for Gunung with RM 0.40 in par value, it is a bonus issue of 2 to 3.
Secondly, both of them have right issue with free warrants. Right issue to raise fund for new undertaking and compensate with warrants to avoid instant dilution. So that is why you see Ekovest having Ekovest-WB, and for Gunung is Gunung-WB.
Third commonality is both are well connected politically with the ruling government. Like it or not, I definitely have to tell you that politics play a large influence in company performance. And having your foot with the ruling government definitely put you in the upper hand. For Ekovest, Datuk Haris Onn Hussein, which is the brother of Datuk Seri Hishammudin (Defense Minister), having 20% stake in Ekovest. As for the case of Gunung, Dato Syed Abu Hussin (UMNO Division Chief of Bukit Gantang) also have more than 20% of stake in Gunung.
Fourthly, both company have asset generating recurring revenue. I would highlight this being a very important point, as this is one of the major fundamental backing the business, attracting institutional fund and investor to invest in the company. And EPF had announced recently that they are looking for more recurring income base investment. For the case of Ekovest, they have DUKE Highway, which is suitable for the investment portfolio of EPF. The purchase of DUKE highway from Ekovest is also one of the major factor on why Ekovest saw it's share price spiraling upwards without brakes. What about Gunung? With approximately 140MW of renewable energy through mini hydro electric from streams of river in Perak, a 21 years REPPA (Renewable Energy Power Purchase Agreement) concession is definitely an infrastructure that will generate solid recurring income.
So since both of them have so much identical trend, I would like to put this in a similar time frame comparison, what is going to happen to Gunung in 2017 would be looking to take your breath away!
Boombastic Projection!!! If this is all accurate, this is the start of the fire cracking point.
Now that Prime Minister had asked all UMNO members to prepare for GE14, this is the one last piece for the puzzle that we need to see for Gunung to be completed in 2017!
Now, what are you waiting for? I am definitely excited for Gunung coming 2017. For first instance, 60 cents perhaps? Don't hesitate anymore, if not you could become another batch of sour grapes.
See you in 2017 with a top booming up Gunung!!
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