KUALA LUMPUR (Nov 27): A recovery in business activities helped Ekovest Bhd swing back into the black with a net profit of RM10.86 million in its first quarter ended Sept 30, 2020 (1QFY21), from a net loss of RM53.82 million in the preceding quarter. Revenue increased 63.17% to RM313.77 million from RM192.3 million in 4QFY20, the group said in a filing to Bursa Malaysia. KUALA LUMPUR: Ekovest Bhd aims to list its toll concession arm in the third quarter of next year, targeting to raise about RM2 billion to RM3 billion to pare down debts and for working capital Ekovest is at the bottom of the uptrend tunnel, we can enter at this level and aim for the previous resistance around 0.635. Risk reward Ratio = 1 : 3 First TP RM0.635 If it breaks 0.635, it might go up higher to 0.75 Cut loss at 0.515 / 0.49 Like my works?