EKOVEST (8877) - (richDad) - EKOVEST: Buy on rumors, sell on news?

EKOVEST (8877) - (richDad) - EKOVEST: Buy on rumors, sell on news?

1. EKOVEST share price has increased significantly. YTD SHARE PRICE PERFORMANCE = 56%!!!

2. Share price surge is backed by growing EPS.


3. Yesterday, the news of RM79m River Contract is out ...

4. Conclusion = it's a good company but PE is quite high now at 12 to 13x. Time to take some profit...


5. Major shareholders have also been selling

6. Sell some ... come back if it drops below RM1.25

EKOVEST (8877) - (richDad) - EKOVEST: Buy on rumors, sell on news?
http://klse.i3investor.com/blogs/richDad/118418.jsp