Market always full of foolish n short term investors.. please enhanced your skill n experience from real company.....This is the final advice...
Good night all investors

I am happy someone keep on shouting n noisy this counter to influence those unstable n short game investors to sell their share at loss... Without your contribution, long term investors never have chance to buy low price... The more you sell the more we can gain.....

The recent high volume transaction, indeed ,a lot of retail investor sold their share n many long term investors are accumulating... Based on today share price at 0.285 closing it almost similar to 0.63 before declare dividend period... Still very healthy price if you are long term investors and always average down the cost with accumulated at lower price... If anyone like to sell at around 0.2 or 0.1, I am more then happy to buy... Please sell your share at open market.....

Bursa declare LKS sold recently about 7~8M share ...... All belonging to his son which was the given from LKS...Young man like you need Money to survive n luxury life... Same like LTS.......

Ewint did excellent biz model with RM 2.88 B and completed GBP 2.1B ( = RM 12B approx ) with zero debt today.... Another GBP 1.6B ( RM 9.3B approx on going or on hold ) project under ew London....

Whatever completed project meaning cash flow fast moving into their subsidiaries of ew ballymore n ew London...

Why so worry for the cash and financial result in ewint . Both companies are 75 ,70% owned by ewint... It is only lest or right pocket...

Empolyee thinking is only one pocket... Empolyer thinking always above 2 pockets....

This was the lesson to teach you what level you are....

On offence to someone or anyone, because they are not empolyer n business man before.. all noisy from employee...... Hard money they earned but dare to invest for short game share price and never learning what so call biz model.

There is the difference btw employee n employer.... Just like short n long term investors.
The level different is short n long term investors. Very few of long term invester to be short term... Just like someone or anyone shouting n noisy on management team n business model. They are quite pitiful from short to long term due to stuck at high level of price....

A people behaviour always from personality n characters....
A success behavior in investment, will always consists of independent thinking, respective, discipline and research... All experiences either good or bad, it learned from the person who willing to teach and share... Then skill n knowledge enhance n improve.
I have seen ton of numbers brilliant investors who has success story but none of them still shouting n claiming the investing counters like someone. All investors should wisely invest your own limited capital in good position.... Or should withdraw for another potential position. Someone is still the good fighter good spirit if use in right positions....

I have more optimistic for upcoming QR to turn positive.
1. Based on the Q to Q at Australia sales, it look approx GP 20% or above ( from QR ).
2. Upcoming 3rd QR, it will minimize finance charges and the higher gain on exchange.

3. Marketing expenses could be maintained or lower due to not many stock remaining like last few QR.

Feel excellent momentum which never has before... 33 sen is really promising at first trench and more coming towards.......

Back to basic : only know one but don't know others...
As at end May 2023, all listed projects in UK, Australia has generated RM 18B in 3 company account books. Ballymore, ew London and Australia. only Australia company is 100% owned entity the rest are JV . Australia projects has contributed around A511M which is only 10% of total value of RM 18B back to end Feb 23.
The other 90% of RM 18B value is belong to ballymore, ew London only which ewint has shared of jv 70~75% ownership.
Parent or holding company like ewint, will only share the project profit and capital repayment only due to this was not 100% ownership, hence sales value was not listed in Ewint.

Keep on saying Rm 18B sales but earn nothing n loss was irresponsible n rude to management.

Everyone has to appreciate and thankful for such marvellous achievement by company.. I am one of initial IPO investors but never blind the eye n keep on open eye to monitor the counter for better investment. Indeed, if you still blind your own eye to see the same things... meaning you are in short sight or myopia now..... Better seek consultation...

Ha-ha.. final sharing.....

Ha-ha...... Haha
Market always exist in foolish and rich investors....
Just for sharing....

Be open your investment heart and experience, you will be succeed in near term. Do more home work.. you will be more brilliant n rich soon.

Look at the basic :

This counter started IPO back on 2017 with capital of RM 2.8B ( approx GBP 532M ). With borrowing for UK n Australia projects.

2023 , the below projects were fully completed with all debts cleared and capital recouped.
Australia dollar 565M
UK GBP 2.6B
Remaining UK GBP 1.8B ( on hold or on going ).

Have you really think that just initial capital size of GBP 532M can be completed such huge projects and today zero debts....

Subjective views always happen in share market, just like what seen at here... Positive n negative resulted profit and loss. Whenever loss happen, negative bullshit, poor always appeared to influence others. Do u like to follow positive or negative result is the judge and estimated by your own risk n invest behavior

Once 100% owned subsidiary, all assets, profit, will be immediately presentable and trusted share price will be reflected more active n value

Talking for privatization...
Ewint is officially listed status in Malaysia not UK.
Surely most is saying privatized is the option and benefit... But the background is how to build up the more value than privatize for Ewint. Surely that after distribution of dividend, the all big shareholders may have sufficient cash to do privatization... However, it depend on founder behaviour, no comments at all... Looking at LKS background history from SP setia till ecoworld, privatization may not be the options or choices... How to build more valuable to company is the on going process.

My feelings if ballymore cash can be buy back remaining 30% of ew London to be 100% owned... It will bring more higher value than privatization.... Do u think so ?

If so, then bright is more bright,

Looking at completed and pending value of project at subsidiaries of EW Ballymore (75%) and EW London (70%)... It still have huge potential to grow at near term... Ballymore turn to cash cow, will it benefit for EW London. ? Answer is obviously.

Remind that EW London still have 1.6B GBP GDV to develop , 70% owned by Ewint....

Investment is subjective, if you didn't learned from whole process and exercise from this typical and unique counter.. your future investment will be failed or you will be successful at future.

Thank and just sharing

The investment we have learned from ewint.......
1. Read the report carefully and thoroughly.. as at end May 2023. Just EW Ballymoney alone (75% ownerships), sales GDV 2.155B GBP = over RM 12B value... Achieved 91.4% = GBP 1.97B : over Rm 11.6B

2. If unprofitable in EW Ballymore, the project will not be completed. It will be unfinished building... Did u see it ?

3. Zero liability in loan is marvellous achievement for Ewint and all loans fully settled on end April 2023. Do u think unprofitable company can manage it ?

4. Looking at the share pricing... Who has capability to push up the price steadily and patiently from 0.25 till 0.7 since 2022 ? Think all bullshit n nonsense party has been crying due to sour grapes phycology. Even dividend announcement, still unable to get speculate margin.... Who is caring the shareholders interest than speculators ? This is only happens in healthy and smart management team.

Capital repayment as dividend is very smart bizman did. Just like anyone has own biz, will do the samething if your cash flow can be sustainable for next move.

Ewint biz portfolio is much different vs local Malaysia property company.
Considering the following factors before you intend to buy ;

1. UK preperty is cash cow biz... Without sufficient capital, nobody dare to invest, the cash back is after completed.

2. RM 1.4B sales target at 2023, no for Ewint, it for subsidiary mainly contributed by EW ballymore over 70%. It already achieved over 92% sales till end May 2023 for Ballymore.. meaning cash recouping very fast now. Capabilities for coming dividend distribution

3. Profit from EW Ballymore, yet to count on book for Ewint.

No true or wrong for investment, it depend on your own judgement due to this is your own capital.

Based on last 4 days transactions it has over 110M share : dividend 37M, has anyone notice who was capable to press n sold so much of share ? Certainly most of speculators have gone and took profit without dividend ? So foolish ?

All of UK n Australia projects are selling well.. especially EW Ballymore over 90% sold n at coming 2023, will be 100% sold out similarly to Australia. It will bring more Cash income.. EW Ballymoney is 75% Subsidiary, their project will be only taking into account when fully completely n sold...

Please read announcement on presentation n report on ewi web...

It look marvellous performance. Cash generated mainly from 100% EWL n Australia only, make EWI in net Cash position on 2022. Coming 2023, more Cash surplus from EWL n partly EW ballymore (75% sub ). Target RM 1.4B sales may generate more Cash income on 2024 mainly from EW Ballymore.

Year 2023 to 2024, it will be the dividend payback 2 years, trusted IPO investors may get back all of their investment amount together with remaining projects in UK with zero cost...

Who say the poor management teams, better stop now... They did excellent job actually.

This is what I saw from report n read through in details with thoughts... Let fine tune it n patient a bit

UK n Aussie property accounting not similar to Malaysia. Malaysia is progressive payment as sales. UK, aus is fully completed n handover period time collections as sale. Those sales capital regrouping is included profit or loss payment. One lum sum inwards. As long as higer sales achievement, more n more capital regroup.. this is my understanding.. if wrong, please correct it.

Short term investors better don't looking at this counters you will suffer much.. long term investors will painful on patient...I am the investors in between.. suffer n painful......

Beside above-mentioned figure collected from entire report of 2022 from ewi, ew London still has large portion of project to be developed worth over GBP 1.5B. based on capital regrouping n sufficient fund to financing the remaining projects with careful plan I think ewi management team in UK is doing pretty good job.. they are worth to get the rewards n perk.

Please do remember the CEO of ewi has over 15,000,000 unit of share and salaried n perk is only RM 2M plus only...

My views as follows : if wrong, please correct me......
1. Ewi is investment holding company. During IPO 2017, ewi invested most of capital into 2 markets Australia n UK on property development. In Australia is 100% own n UK via JV with EW ballymore n EW London.

2. In 2020~2021, Australia project completed n capital regrouping to EWI n paid 6sen of dividend with cash remaining at ewi.

3. In 2021, ewi restructure the UK JV for ew Ballymore n ew London became 75% own on ew ballymore n 100% own of ew London.

4. Back on 2017, ewi invested around RM 2B to UK on JV company at exchange rate of around RM 5.7~5.8 = GBP 1 for project. Total invested amount around GBP 350~430M together with bank loan of GBP

5. 2022~2023, ew ballymore has 3 mega projects to be completed or completed worth amount of GBP 1.8B. this amount of sales is belonging to ew Ballymoney JV company . 75% own by ewi.

6. 2022 up to Q3, liabilities or bank loan down to 0.07x. meaning most of bank borrowing will be cleared to zero liability by end 2022 or early 2023.

7. 2022 Q3 reported, ew ballymore UK projected sold almost 80% of units worth GBP 1.6B.

8. Ew London has on going projects n could be slow down the development due to uncertainty which highlighted on last to Q2, Q3 report of 2022.

Comments :
Ew ballymore is JV company, whatever ewi invested amount is the creditor account from ew ballymore. This jv company has right to do own accounting following with UK system although ewi has 75% own. This JV account may not combine figure into ewi listed account figure as this is jv biz. If assuming this jv biz is profit or loss, it may not immediately affected in ewi account. The initial capital invested by ewi has depreciated due to exchange loss and may affected in ewi BS statement. But in ew ballymore BS statement should be same amount due to no change in UK currency as this jv company is following in UK GBP. Hence in coming period of cash flow in at ew Ballymoney in GBP should be around GBP 1.6~1.8B as this is project worth of sales n may start to handover to buyers if project can be achieved over 80% of sales .

Once the cash flow back to ew ballymore account, ewi has options to reserve some for ew London for project development in UK ( it may not have any exchange loss issue ) and some flow back to ewi for repatriation of dividend. Remember ewi own 75% of ew Ballymore.

All of this exercise, ewi may has recover handsome cpaital initial back in account in UK or Malaysia plus profit which unknown so far.

Ewi management should keep more portions of capital in GBP in UK instead of flow back to suffer loss of exchange to Malaysia.

Looking at 2021, most earlier investors are paying 6 sen of dividends by Ewi, trusted this around of time should be more of it but ewi will suffer exchange loss also if want to keep same of 6 sen dividends which amount approx RM 144M = GBP 29M with exchange assuming on 4.9 to GBP 1.

Anyway based on this calculate amount, ewi as today price of RM 0.27, it is real attractive point to accumulated either you are old or new investors.

Just look at dividends payback on coming 1~2 years, it could be pretty good n then exercise for next plan either delisted program or further investment,. Those IPO investors should get back whatever invested capital plus margin in near future hopefully

Please correct me if I am wrong calculation.
Up to Q3 2022 presentation, just 3 projects hold by new ballymore for sales value was GBP 1.8B, if ownership 70% of GDV, and 75% own of ew ballymore company by EWI, total sales belonging to EWI is GBP 1.8B x 0.7 x 0.75 = GBP 945M, assuming sales between 80~90% = GBP 756m ~ 850M , approx x 5 rate = RM 3.7B ~ 4.25B...
This amount will be flowed back to EWI within 1~2 years.. WOW.. Marvellous Cash in, right. ?

It look positive response...cheers

I did send reminder to ewi investors relationship for updated report on presentation just 1 days ago... Now all updated information is coming out..... Please read it carefully and share thought...

Indeed, lack of information announcement is one of key reasons to cause price share drop further... Looking at investor relationship web, updated till Q1 2022 only but today already Q3 2022. Management has to update info as quickly as possible for value investors otherwise, most small investors like us may loss of confidence.

On AR2021, president/CEO teow still holding 15,000,000 unit of share. I trust he will focus on creating value to shareholders. Looking at UK property, most investors are not local but foreigners n PR status. Tenancy periods of property in UK is based on yearly basis n upfront. Most Malaysian investors are not aware about this module of property in both Australia n UK but Ewint listed in Malaysia. Following with management acting on last 2 year during covid periods, they have restructuring the major invested holding company on EW ballymore n EW London. I doubt the local analyst n research film for comments on this negative feedback and caused many of us sell in low price just believe the outsider information but not insider report declaration.

Excellent opinion n sharing on above. On biz view, capital regroup n less debt is wise strategy for next move. Expected tough biz environment n recession storm is coming n happening in all Western developed countries especially in UK. If ewint able to regroup over RM 2b capital with partial landbank for future development, it consider marvellous achievement vs other local property counters. Based on their rich experience past few years in UK especially， I still hold belief on their capabilities to look for new venture.
Actually as founder point of views, I think they should have some intention or proposal in mind for company prospect.... Delisted could be one of the option hopefully n payback capital to IPO shareholders..
Then at current price of RM 0.30, or even lower, could be the golden period for new comer or old bird investors... Certainly assuming the management can fulfill their promise on coming period of handsome distribution first.

Looking at AR 2020 vs 2021, top 30 substantial shareholders has minor changes, most of them still holding the share till today. I think they are not foolish investors but trust in some extent of their money n investing.
From IPO listed till now, capital earning accumulated with substantial land bank for future development, I guess this is not easy but pretty good management n jobs.
If a company management doesn't keen on shareholders interest, they wouldn't keep on preparing for promises on cash distribution but will be reserved n reserved. It will create value of share or money back to shareholders.
Those hold at low price should be pretty appreciated for former shareholders to give up share to u...

This is my little feeling... I will start buy now..