warchest

warchest | Joined since 2015-04-23

Investing Experience Advanced
Risk Profile Moderate

i'm nibbling now because of its value

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Stock

2023-09-21 09:52 | Report Abuse

But for sure, you will get good things ...

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2023-09-21 09:51 | Report Abuse

Like it or not. If market turns conducive in 2024 you can expect more from this Company. Remember life is a box of chocolates, you will not know what you are getting into

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2023-09-21 09:48 | Report Abuse

U buy now at 37cents. They pay u 6 cents and in 2024 they can pay you another RM800 m (33 cents) from the unsold units. What it indicates to you. You get free shares but still got a property development business in the UK and AUS

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2023-09-21 09:44 | Report Abuse

How can it worth less. With the current cash level after repayment of all borrowings (now is debt free) & reservation for working capital, it still have RM1.1b of unsold units or their effective portion of RM800m that can be distributed as a dividend for 2024

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2023-09-20 13:01 | Report Abuse

Last quarter NTA was RM1.02. By end of Sep, around 69 cents after distribution of 33 cents. If they distribute another 20 cents, it still has 49 cents NTA

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2023-09-20 11:05 | Report Abuse

Next tranche of dividend

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2023-09-20 11:05 | Report Abuse

Don't worry about this baby. 40 cents is easy. 10 cents is conservative but 20 cents is possible too

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2023-09-19 13:32 | Report Abuse

40 cents in the making

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2023-09-14 15:44 | Report Abuse

If what quoted by RISK8888 is true then is a win-win situation for all provided the settlement can choose by ways of cash or EcoWorld shares

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2023-09-14 15:41 | Report Abuse

Of course under a blue sky scenario of privatisation as quoted by RISK8888, say the next dividend payment is 10 cents. Hence, the adjusted NTA is 57 cents. If it can be privatised at 57 cents, I'm very happy too

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2023-09-14 15:29 | Report Abuse

I can't say that RISK8888 concerns are unwarranted but being patient is virtue

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2023-09-14 15:26 | Report Abuse

By the way, I'm an early investor of the Company and was at deep loss at one point of time. Every year, I attended the AGM, raised many questions in the AGM and even wrote articles. However, after many rounds of averaging my price is about 45 cents. But after the receipt of dividend of 33 cents end of the month, plus 6 cents dividends previously my average price is around 6 cents

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2023-09-14 15:22 | Report Abuse

Yes & no. Privatisation or not is still good for the shareholders. Yes capital reduction, we can distribute RM1.3b as a dividend after deducting the accumulated losses. But it doesn't mean they cannot distribute more dividends provided they are still on a going concern basis. 10 cents, 20 cents & more are still possible. If you assumed a blue sky scenario, the shareholders can recoup back RM1.20 worth of value

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2023-09-14 10:51 | Report Abuse

What can 20 cents buy you in KLCI? I can buy a reputable property developer with international presence. Good stuff

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2023-09-14 10:50 | Report Abuse

At 20 cents, with a property development business that built for the last 7 years with good reputation in the UK and AUS, is it even worth something? This is a soup of thought. Fyi, I already accumulating some shares at 29-30 cents, which I think it is a justifiable risk

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2023-09-14 10:47 | Report Abuse

Say this year they declare 10 cents. Now your effective cost is 20 cents with more tranches of dividends to come

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2023-09-12 17:25 | Report Abuse

From the share price movements bigger things are coming. Stay tune

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2023-09-12 15:14 | Report Abuse

The retail investors are under the wrong impression that once they finished distributing, nothing left in the Group. Then why they want to reserve capital for its working capital purposes?

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2023-09-12 15:11 | Report Abuse

What's the risk of investing in this Company when the next dividend payout is around 10 cents & more tranches to come

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2023-09-12 15:10 | Report Abuse

Why worry about this. They are not liquidating all the assets & ceased operations. They just distributing excess cash to the shareholders

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2023-09-08 09:33 | Report Abuse

Payout of 10 cents already anticipated

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2023-09-08 09:09 | Report Abuse

Now is at 35.5. Million dollar question - What's the quantum of the next payout? If can go above 20 cents, we can see another round of uptrend to at least 50 cents

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2023-09-07 09:01 | Report Abuse

Don't buy into these silly and frenzy stories. If these people that good they already a business builder not exercise sarcasm & unwarranted comments in this forum

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2023-09-07 08:59 | Report Abuse

All want to be a vigilante. You think yourself as a character in MCU or Warner Bros? Last time these people said Air Asia X going to bankrupt. But only it has quadrupled but successfully pivoted their business model

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2023-09-06 12:53 | Report Abuse

We don't make money out of other misery. But facts underlying the conviction & proven gut feeling (via experience). Don't resist the direction of wind, make it as your advantage

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2023-09-06 11:52 | Report Abuse

Don't love the stocks, but don't put a grudge to it either. Just use it as a tool for your financial freedom

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2023-09-06 11:51 | Report Abuse

Many people forgot that the issues in the Group already reflected in its rock bottom price now. But now they have 25 years Vietnam power plant concession with option to increase its stake to 40% & LSS4. If it is 40 to 50 cents, maybe it's still risky as it still have its loss-making property investment business. But at current price, how low it can be

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2023-09-06 10:55 | Report Abuse

30 cents in the making

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2023-09-06 10:55 | Report Abuse

Still on the uptrend. Supported by the big players

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2023-09-05 09:50 | Report Abuse

Short term 80 cents of value is easily achievable. To bridge to RM1.20 not hard but it will take a bit more time for the new projects to be delivered

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2023-09-05 09:49 | Report Abuse

And they managed to be prudence on evaluating their projects; to hold back, scale back and even reduce the level of activity. Moreover, they are distributing to the shareholders for the excess cash after repayment of borrowings & allocation of sufficient working capital. This is a testament of good management

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2023-09-05 09:45 | Report Abuse

What I can say that their projects' margins were not what they expected in previously due to tough local regulations & escalation of costs due to delays during the pandemic. But they managed to deliver all the projects in the UK & AUS and is ready for the 2nd phase of growth once the housing market and construction costs are stabilised

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2023-09-04 16:49 | Report Abuse

Don't against the direction of the wind. It is heading to the north & not south

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2023-09-04 16:48 | Report Abuse

Let's break 26.5 and above 30 cents soon. Keeps the leap of faith. Nibble more, worry less

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2023-09-02 08:06 | Report Abuse

Rotation play. The time for JAKS is coming. The big players are coming after draught for so long. Don't sell low. Minimum TP is 35-40

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2023-09-01 16:48 | Report Abuse

Leap of faith. We shall see the silver linings in JAKS

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2023-09-01 16:47 | Report Abuse

Stay tight on this. Don't sell this at low price. At least 35 cents

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2023-09-01 11:03 | Report Abuse

As long as they can build the story from its RE & energy business, the question about funding by the banks is no longer an issue. See how it goes

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2023-09-01 10:55 | Report Abuse

Also ignore those naysayers. They are just the little dots in your life. Whether u want to connect them or stop them (just silent)

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2023-09-01 10:55 | Report Abuse

I think I learnt is don't fight with money. If you want to see bad financials & cash flow, check on Ekovest & yet the share price keeps going up

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2023-09-01 10:50 | Report Abuse

We all know the issues with Group. But now we try to see how they can minimise the impact. So far it seems that we can see more viable prospects. Cash flow is a concern but it the banks willing to lend them, this can be minimised

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2023-09-01 10:48 | Report Abuse

Like what we advocate. Don't try to fight the direction of wind. Just use it

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2023-09-01 10:00 | Report Abuse

It will trigger bad reputation to the Group if it is not manage properly

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2023-09-01 09:59 | Report Abuse

Many IPO investors are suffering huge losses since its IPO. It seems that there were huge sell down by the promoters, management team and staff after the listing & lock-in period. It is starting to give an impression that this IPO is merely an avenue for the major shareholders to cash out their investments.

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2023-08-31 18:59 | Report Abuse

The distribution of 900m when GBP to RM was RM5.20. Now is around RM5.95 & they managed to expedite on their sale of unsold units. We can expect another round of distribution after this of around 15 to 17 cents

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2023-08-31 18:31 | Report Abuse

But not many people are aware of its potentials & tailwinds. That are the missing pieces

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2023-08-31 18:30 | Report Abuse

We all are well aware of all the issues be it, cash flow, legal tussles, governance, high salaries & remunerations of the management team, loss-making property investment segment

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2023-08-31 18:26 | Report Abuse

Many people were cursing YTL & YTL Power back then without having in depth knowledge and understanding of their businesses. Fast forward, within 6 months both counters already up 130 - 140%. Who is getting the last laughter now

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2023-08-31 18:24 | Report Abuse

You can go wrong with a concession business in Vietnam when it is the fastest growing economic nation in ASEAN. They are in dire need of energy for its industries

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2023-08-31 18:22 | Report Abuse

When all the counters up, the next is gonna be JAKS. Even Ekovest with high debt & loss-making highway concessions also now breaking 2-year high. 30 cents is easy peasy