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2015-12-13 23:58 | Report Abuse
認購綠盛世國際可受惠‧綠盛世財測上調
(吉隆坡11日訊)綠盛世(ECOWLD,8206,主板產業組)2015年業績表現超越預期,分析員看好該公司產業計劃需求強勁,同時將從認購綠盛世國際30%股權中受惠,因此上調財測。
馬銀行研究認為,綠盛世全年淨利揚升逾100%至4千400萬令吉,超出預期12%,主要是柔佛及士毛月發展計劃入賬進度比預期強勁,2016財政年銷售目標40億令吉,料由武吉免登市中心(BBCC)發展計劃及持有30%股權海外業務上市帶動。
為反映2015財政年業績、正面銷售入賬及出售率預測,該行將2016/2017財政年盈利預測上調29%及38%,預計不包括海外發展計劃潛在銷售,2018財政年銷售為28億令吉。
肯納格研究上調2016財政年盈利11%,銷售目標則因綠盛世國際發展計劃陸續推出,而從32億增至40億令吉,不過盈利僅在發展完成後才釋放,料無法顯著貢獻2016至2017財政年盈利。
綠盛世國際澳洲及倫敦發展計劃平均取得57%出售率,2015財政年銷售額5億5千400萬英鎊(約33億令吉)。
肯納格研究對該公司展望正面,看好可從城鎮計劃強勁需求中受惠,成為2016年少數銷售按年成長的發展商,並受惠於綠盛世國際即將上市、收購土地的消息。
安聯星展則相信,強勁品牌力量將提振市場信心,專注城鎮計劃料在產業買氣低迷期間支撐未來成長。
“雖然是新晉發展商,產業銷售空前迅速,反映買家對該品牌的信心,而且42億令吉未入賬銷售也將支撐盈利至2018財政年。”
該行認為,從首次公開售股活動認購綠盛世國際30%股權,將有助於該公司以較低成本投資海外市場。
兩大計劃值得關注
聯昌研究認為,綠盛世可能是今年杪取得銷售最高紀錄的大馬產業公司,值得稱讚的是,在大部份產業發展商今年飽受低銷售之苦及明年展望不樂觀之際,該公司依然維持40億令吉銷售目標。
“2016財政年有兩大發展計劃值得關注,即發展總值88億令吉的武吉免登市中心計劃及發展總值100億令吉的Eco Marina城鎮計劃,因大型規模及位於策略地點,料成為2016財政年主要貢獻者。”
http://klse.i3investor.com/blogs/sin_chew_hot_stocks/87978.jsp
2015-12-12 18:56 | Report Abuse
All people know oil is slipping nowadays, same suggestion, keep holding for those who already bought. What goes down, sure will come up, just the matter of time. Be strong there at this very moment.
2015-12-11 20:06 | Report Abuse
Yeap, still worth to buy at current 1.500. Many positive news on Ecoworld.
2015-10-31 Revenue : 681,935 Earn : 19,693 EPS : 0.83
2015-07-31 Revenue : 454,277 Earn : 9,393 EPS : 0.41
2015-04-30 Revenue : 417,822 Earn : 11,807 EPS : 0.79
2015-01-31 Revenue : 158,027 Earn : 3,059 EPS : 0.60
2015-12-11 17:01 | Report Abuse
Closed at 1.500.
2015-12-11 16:34 | Report Abuse
Probably a "gap up" will occur on coming Monday.
2015-12-11 16:11 | Report Abuse
Great, high at 1.500 now. Going straight to North way.
2015-12-11 16:08 | Report Abuse
Awaiting for it to have a breakout above 0.730.
2015-12-11 12:40 | Report Abuse
2015-10-31 Revenue : 681,935 Earn : 19,693 EPS : 0.83
2015-07-31 Revenue : 454,277 Earn : 9,393 EPS : 0.41
2015-04-30 Revenue : 417,822 Earn : 11,807 EPS : 0.79
2015-01-31 Revenue : 158,027 Earn : 3,059 EPS : 0.60
2015-12-11 12:31 | Report Abuse
Now high at 1.480, so far so good.
2015-12-11 11:12 | Report Abuse
Eco World Berhad - Better Than Expected
http://klse.i3investor.com/blogs/kenangaresearch/87939.jsp
2015-12-11 11:06 | Report Abuse
All positive, good news on Ecoworld !
2015-12-11 10:56 | Report Abuse
Malaysia's Eco World International to raise RM2bil in IPO
KUALA LUMPUR: Property developer Eco World International Bhd (EWI), which focuses on projects outside Malaysia, has set a target to raise RM2bil in its initial public offering (IPO) next year.
President and chief executive officer Datuk Teow Leong Seng said the company was in the process of submitting its IPO application to the Securities Commission, which it hopes can be finalised in the first half of next year.
The company, which will see Eco World Development Group Bhd taking up a 30% stake upon the listing, will use the proceeds mainly on its ongoing projects in London and Australia.
The public will hold a significant portion of the remaining 70% stake.
http://www.thestar.com.my/business/business-news/2015/12/11/rm2bil-ipo-target/?style=biz
2015-12-11 10:51 | Report Abuse
Eco World International to submit IPO application by 1H16
KUALA LUMPUR: Eco World International Bhd (EWI) will submit the necessary listing documents to the Securities Commission (SC) by the first half of 2016.
EWI handles the international operations of the Eco World brand, which is currently focused on the United Kingdom and Australian markets.
Asked on its IPO update, president/chief executive officer Datuk Teow Leong Seng said the company was in the process of making an application to the SC.
"We expect it to be completed in the first half of next year," he told a media briefing on Eco World Development Bhd's full-year results on Thursday.
Subject to the approvals of the relevant authorities, Eco World Development also plans to take up a 30% stake in EWI's IPO.
EWI initially planned to set up a special-purpose acquisition company (SPAC) to be listed on Bursa Malaysia, but the plan was scrapped once it identified assets to acquire.
EWI would utilise the RM2bil proceeds from the IPO to develop the four projects it acquired, namely the London City Island Phase 2, Embassy Gardens Phase 2, the Wardian London and the West Village in Parramatta in Sydney, Australia.
As at Oct 31, EWI has secured 554 million worth of sales, with 437 million from the three projects in London and the remaining 117 from Sydney.
On outlook, Teow expressed confidence that the UK and Australian markets would continue to do well given their vibrant economies.
"In London, the property market is characterised as having a shortfall in supply because only less than half that is demanded there is actually being supplied due to strict planning laws and shortage of good sites.
"Furthermore, London is growing in population while its employment rate continues to increase," he added. - Bernama
2015-12-11 10:49 | Report Abuse
Eco World surpasses FY15 target, banking on BBCC
KUALA LUMPUR: Eco World Development Bhd has surpassed its sales target of RM3bil for the financial year 2015 (FY15).
It is now banking on the RM8.7bil Bukit Bintang City Centre (BBCC) project to drive sales in financial year 2016 (FY16).
President and chief executive officer Datuk Chang Khim Wah said the company achieved RM3.016bil sales for the financial year ended Oct 31, 2015, contributed by four projects in the Klang Valley worth RM1.579bil, six projects in Iskandar Malaysia (RM1.213bil) and two projects in Penang ( RM224mil).
The BBCC, a joint development by Eco World, UDA Holdings Bhd and the Employees Provident Fund (EPF), would be launched in the first quarter of next year, with construction to start in mid-2016 and completion expected in 8-10 years.
"The first phase of the development includes strata offices, retail space and a block of serviced apartments," he told a media briefing on the company's full-year results on Thursday.
For the FY15, the group recorded revenue of RM1.712bil and gross profit of RM411.9mil with gross margin averaging at 24%. - Bernama
2015-12-11 10:47 | Report Abuse
CIMB Research maintains Add on Eco World
KUALA LUMPUR: CIMB Research has maintained an Add call for Eco World Development Group with a target price of RM1.90, it said in a note on Friday.
The research house said Eco World's FY15 results were above expectations, as net profit came in 12% above its forecast.
"FY15 net profit beat consensus estimates by a wider margin of 37%. Unbilled sales increased from RM3.99iln in 3Q to RM4.16bil in 4Q. Eco World did not declare any final dividends, below our expectation of 1 sen," it noted.
It said that Eco World sold RM3bil worth of properties in FY15, exactly in line with its target.
RM1.58mil or 53% came from the Klang Valley (Eco Majestic recorded RM810mil in sales, while the maiden launch of Eco Sanctuary recorded RM653mil in sales), RM1.21bil or
40% from Johor and RM224mil or 7% from Penang," it said.
The group is keeping to its sales target of RM4bil in FY16.
"This is very commendable, given that most developers have suffered lower sales this year and are not optimistic about the outlook for next year. Eco World is likely to pull further ahead of the competition in the coming years.
"The RM4bil sales target includes its portion of the BBCC project (40%) and Eco World International (30%) but does not include Eco Marina," it added.
CIMB said the two major upcoming projects to keep a close watch on in FY16 would be the RM8.8bil, 19.4-acre BBCC project next to the major shopping district in Kuala Lumpur and the RM10bil, 300-acre Eco Marina township in Batu Kawan, Penang.
Given the size of these projects and their strategic locations, they are likely to be key contributors to FY16 sales.
The 40%-owned BBCC project holds much promise and should draw strong interest once it wraps up a joint venture partner for the 1m sq ft mall.
2015-12-11 10:26 | Report Abuse
Buy, going to goes up higher, good report.
2015-12-11 09:55 | Report Abuse
Uptrend ongoing, Buy !
2015-12-11 09:05 | Report Abuse
Flying mode on Ecoworld now.
2015-12-11 09:03 | Report Abuse
Near term Tp 1.650 - 1.700
2015-12-11 09:02 | Report Abuse
Good result, sure gonna move up.
2015-12-10 16:06 | Report Abuse
Maintain buy for Ecoworld ! Going up soon.
2015-12-10 16:02 | Report Abuse
OTHERS ECO WORLD DEVELOPMENT GROUP BERHAD (EW BERHAD) EXPRESSION OF INTEREST FOR THE SUBSCRIPTION OF SECURITIES IN ECO WORLD INTERNATIONAL SDN BHD (EWI) (PROPOSED SUBSCRIPTION)
The Board of Directors of EW Berhad wishes to announce that EW Berhad and EWI have mutually agreed on certain key terms and conditions relating to EW Berhad’s proposed investment in EWI in conjunction with EWI’s plan to undertake an initial public offering (“Proposed IPO”) and listing on the Main Market of Bursa Malaysia Securities Berhad (“Proposed Listing”). Further details of the Proposed Subscription are set out in the attachment of this announcement.
2015-12-10 16:01 | Report Abuse
Quarterly rpt on consolidated results for the financial period ended 31 Oct 2015
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4947377
Revenue : 681,935
NP : 19,693
EPS : 0.83
2015-12-10 15:06 | Report Abuse
member41, i don't have the power to do it, i am just an old man. Time is the matter for breakout to occur.
2015-12-10 12:14 | Report Abuse
BUAYABESAR, sure still got investor holding at high price, because for them, too late to cut loss now, as now is almost the time to buy, they will wait until it rebound up, only they sell, at least can minimize the losses.
2015-12-10 12:06 | Report Abuse
Top Glove, one way straight to North...
2015-12-10 11:54 | Report Abuse
BUAYABESAR, many investors are in the same situation like you. No worry,you are not alone here.
2015-12-10 11:35 | Report Abuse
Recent market is worst day by day..blood everywhere.
2015-12-10 09:35 | Report Abuse
0.385, this is bad, ipo 0.500..1st day.
2015-12-09 17:00 | Report Abuse
Suggest those who bought at higher price maintain hold, no use to cut lose at this point.
2015-12-09 16:32 | Report Abuse
You are welcome, joshuacfy.
2015-12-09 16:30 | Report Abuse
Closing is better to be green 1.450-1.440. If close 1.430, formed Doji.
2015-12-09 16:04 | Report Abuse
joshuachy, ya..breakout coming soon.
2015-12-09 15:45 | Report Abuse
Reversing up occur, Hammer.
2015-12-08 17:40 | Report Abuse
OPENSYS has been trapped inside a symmetrical triangle line since peaking out temporarily at a 10-year high of 36.5 sen on Aug 5, last year. A positive breakout of the 33 sen would signal an uptrend continuation, enroute to the 42-sen level or the 47-sen hurdle and probably a re-test of the all time high of 67.5 sen later. In stark contrast, a negative breakdown from the 26-sen line is likely to witness prices falling on renewed selling pressure.
2015-12-07 12:11 | Report Abuse
Buy before QR release soon in this December, will shoot up..
2015-12-03 16:06 | Report Abuse
So far so good for Ecoworld, accumulate..earn $$..
2015-12-03 15:22 | Report Abuse
tksw, same here..Look at the situation now, Suncon can go even further..
2015-12-03 11:17 | Report Abuse
Awaiting for it to breakthrough the recent high of 1.670..
2015-12-03 10:05 | Report Abuse
1.510 now ! Maintain buy ! Uptrend on the move..
2015-12-03 09:53 | Report Abuse
Hopeless counter..another hubline soon?..
2015-12-02 20:19 | Report Abuse
EWI will be listed next year too..Positive from now all towards next year..
2015-12-02 16:15 | Report Abuse
Shine with Ecoworld..December QR out, sure huat ! Uptrend..
Stock: [XOX]: XOX BHD
2015-12-14 09:40 | Report Abuse
Not only XOX, mostly all other counters also in bleeding mode, the wound is deep !..