Highlights

Timeless investment advice

Author: warchest   |   Latest post: Sun, 23 Aug 2020, 6:23 AM

 

Eco World International ("EWINT"): Billionaire Boys Club

Author:   |    Publish date:


Happy Sunday everyone! In my previous article dated 19 July 2020, I quoted prominent Feng Shui masters saying of, What is the easiest way to look for place with good Feng Shui? Just tap into where the wealthy people stay in!

In order for us to reach and optimize our wealth potential, it has always come down to us and our daily habits. Habits are the root to everything in life. Successes and failures are outcomes from our daily actions taken. It might not work all the time despite being disciplined adhering to most of these habits, but at least we build improve to value our time over things, cultivate patience, act and never give up as well as don’t be afraid of taking risk, especially calculated risk.

Long story short, wealthy people have complete and strong control over their finances especially in spending and investing. They aren’t compulsive spenders, knowing every dollar that comes in and every cent that goes out. This is one area that I’m so keen on investing in EWINT especially since 23 shareholders alone owns about 85.3% of the issued share capital of EWINT (refer the table below). These are prominent boys in the Billionaire Boys Club as they are the largest institutions in Malaysia, founders and directors of listed companies and ultra-high net worth investors.

They have a good business acumen and envision where they want to be in 10 years, 20 years and beyond and understand the rate of returns that they want to achieve. A typical required rate of return for them is about 15% per annum. Hence, I strongly believe the IPO price of RM1.20 is the minimum target price for EWINT.

Shareholders of EWINT as at 22 January 2020

No.

Shareholders

Profile

No. of shares

%

1

GLL EWI (HK) Limited

Owned Tan Sri Quek Leng Chan

648,000,000

27.0%

2

Eco World Capital (International) Sdn Bhd

Subsidiary of Eco World Development

648,000,000

27.0%

3

Tan Sri Dato' Sri Liew Kee Sin

Founder of SP Setia, Eco World

246,540,798

10.3%

4

Permodalan Nasional Berhad ("PNB")

Malaysia's largest fund management company

170,184,200

7.1%

5

Sinarmas Harta Sdn Bhd

Owned by Dato' Leong Kok Wah

78,726,900

3.3%

6

KUMPULAN WANG PERSARAAN (DIPERBADANKAN)

Malaysia's pension fund for public employees

75,546,900

3.1%

7

EMPLOYEES PROVIDENT FUND BOARD

Malaysia's pension fund for private employees

47,794,800

2.0%

8

LIEW TIAN XIONG

Son's of Tan Sri Dato' Sri Liew

44,000,000

1.8%

9

TEE TIAM LEE

Deputy Chairman, Salcon BHD

16,459,800

0.7%

10

Dato' Teow Leong Seng

President & CEO, EWINT

15,263,000

0.6%

11

SIGMA SELEKSI SDN BHD

Owned by Tan Sri Syed Mokhtar Albukhary

6,809,200

0.3%

12

WONG SWEE YEE

Founder & MD, Fitters Diversified Berhad

6,265,600

0.3%

13

Dato’ Voon Tin Yow

CEO of IOI Properties

6,141,600

0.3%

14

Tan Sri Azlan Bin Mohd Zainol

Ex-CEO of EPF

5,120,000

0.2%

15

MAH LILY

Investor

5,100,000

0.2%

16

BEH HANG KONG

Executive Director, ML Global Berhad & Yong Tai Berhad

5,054,200

0.2%

17

JAYASANKARAN A/L K.K.SANKARAN

Executive Director, APEC

5,000,000

0.2%

18

KHO CHAI YAM

Investor

4,341,900

0.2%

19

PHUA SIN MO

Founder, Century Logistics Holdings

3,110,000

0.1%

20

Cheah Tek Kuang

Ex-MD of AMMB Holdings

3,000,000

0.1%

21

BAKRY BIN HAMZAH

Managing Director, Tradewinds Malaysia

3,000,000

0.1%

22

Dato’ Siow Kim Lun

Ex-Director of Securities Commmission & Director of many listed companies

2,000,000

0.1%

23

Dato’ Leong Kok Wah

Major shareholder, Eco World

2,000,000

0.1%

 

No. of shares

 

2,047,458,898

85.3%

         
 

No. of issued shares floated for retailers

 

352,541,102

14.7%

 

No. of issued shares

 

2,400,000,000

100%

In the case of EWINT, one will notice it might not generate lots of volume. EWINT only generates daily volume of an average 2 to 3 millions shares despite having huge number of issued shares amounted to 2.4 billions. The rationale lies behind its floated shares of only about 325 millions (14.7% of the issued shares), as 2,047 billions shares or 85.3% are owned by these sophisticated investors which hold to yield much higher returns on their investments

Let’s take another company for illustration purpose. Ekovest Berhad with similar number of issued shares as EWINT (2.65 bil shares) generates a daily volume between 20 to 30 millions shares. That is about 10 times of EWINT daily volume turnover. Reason being is because Ekovest shareholding structure is dominated by retail investors.

In summary, the simplest way to grow wealth is by tapping into what and where these Billionaire Boys Club members are investing in. Hope this article finds you well.

Share this
Labels: EWINT

Related Stocks

Chart Stock Name Last Change Volume 
EWINT 0.44 +0.03 (7.32%) 4,641,400 

  7 people like this.
 
abang_misai ini kali lah.....
03/08/2020 7:02 AM
iloveamsterdam Kali ini lah...
03/08/2020 7:24 AM
mindatech ada news ke yg menarik ke?
03/08/2020 7:25 AM
RainT good information shared

thanks !
19/08/2020 11:44 AM
CatchThe Bull I just hope management can declare some dividend soon, although current stage is not the right timing, but it will show that management confident with future cash flow and committed to what they announced earlier.
03/09/2020 6:09 PM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Perform Technical & Fundamental Analysis on Stocks
MQ Affiliate
Earn rewards by referring your friends
 
 

564  409  601  26 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 TRIVE-OR 0.0050.00 
 QES 0.38+0.04 
 KSTAR 0.21-0.045 
 DNEX 0.26+0.005 
 BIOHLDG 0.30+0.04 
 DYNACIA 0.120.00 
 LAMBO 0.030.00 
 MCLEAN 0.325+0.095 
 AT 0.180.00 
 VSOLAR 0.040.00 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!

TOP ARTICLES

1. STEEL Industry - HOT ! ! The Huat Project
2. Malaysia Electronics Industry 5G TECH MANUFACTURING
3. SUPERMAX - HEAVILY SELL OFF ACTIVITIES(RUN) RISE OF TITAN
4. SILTERRA SAGA : GPACKET NOT BIDDER,COUNTING SECONDS FOR DNEX Official Opinion by Tuan Capital
5. Tenaga Nasional - MCO impact not as severe as 2QFY20 AmInvest Research Reports
6. Daily technical highlights – (SCIB, KGB) Kenanga Research & Investment
7. Mplus Market Pulse - 22 Jan 2021 M+ Online Research Articles
8. A BEARISH outlook for Covid-19. GENERAL
PARTNERS & BROKERS