Steve64

Steve64 | Joined since 2020-01-15

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Stock

1 day ago | Report Abuse

per share or thereabouts..typo.

Stock

1 day ago | Report Abuse

yes it seems so.
900Mil divided by 2.4 bill outstanding gives 37.cts pwr share or rhereabouts.

Stock

1 day ago | Report Abuse

yes seems like very close to 37cts cash repayment coming up very soon .
No brainer actually.

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1 month ago | Report Abuse

well if wat was shared by EWI that they want to distribute cash payout of 37cts if fin yr 2023, stock has lots of up-leg left

Stock

1 month ago | Report Abuse

TB - u sure RM 2,??
ipo was at 1.20 RM n not sure if it ever reached 2.0 RM..

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1 month ago | Report Abuse

tks phoebe..will peruse the stated report

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1 month ago | Report Abuse

Phoebe - take screenshot n share..??

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1 month ago | Report Abuse

no i m using cimb trade app...
mmmm can anyone help..??

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1 month ago | Report Abuse

can share the maybank report..? or give the link..??

Stock

2022-12-21 16:45 | Report Abuse

high volume..? wat's brewing..?
cash payout or takeover target..???

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2022-12-19 11:18 | Report Abuse

if cash return is 37cts buying below 40cts is a no brainer right..??

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2022-11-22 14:29 | Report Abuse

something brewing..?..
election uncertainity stock moving up...

Stock

2022-11-07 16:59 | Report Abuse

suddenly very active counter..gd results? cash handput??

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2022-11-07 09:15 | Report Abuse

maybe better delist the company n return shareholders money if they cannot get their act together..!!

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2022-09-30 09:26 | Report Abuse

wonder how much of sharp stck price fall is due to margin calls. ??..plus loss of confidence

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2021-10-24 12:37 | Report Abuse

Something good is brewing, for sure. Highest volume in quite a while compared to previous days/weeks. !! .

Here are the positives:

a) Last Qtr push to deliver units - translate to higher sales, profits for yr end 21 & hopefully bumper dividends.

b) Reduce borrowings with incoming cash-flow. Lower gearing, lower interest costs.

c) BTR projects doesn't need huge capital outlay cos financed by insurance company/investor and paid according to stages of completion. Different from open mkt sales - after delivery only receipt of $$ and huge bank borrowings in interim.

d) UK market for houses are short of ~ 1 million units unlike overbuilt Msia scenario. Huge potential for those with landbanks ( EWI has enough to last a decade). Building into a mkt deficit. is always a boon for developers.

e) No need for 10% mandatory bumi discount unlike locally . They can sell to all and sundry at mkt price. No price differentiations, only quality differentiations. Best player wins.

f) No hidden gomen agenda, clear property act, land and legal laws. No flip-flops and sudden surprises. Lower cost of doing business. Translates into higher profits.

g) High inflation - property play in motion. Recent trends indicate drift towards property as an asset class to shield against inflationary pressures. Demand curve in UK versus oversupply locally.

h) Last few years experience in UK/Aus will lend a load of expertise to navigate for future. No other Msian listed company has abv mgmt & qualities & landbank to deliver.

Go EWI,...go,...

Stock

2021-10-11 09:59 | Report Abuse

Well done Warchest...I am also waiting for it to break the 2year high.
Projects delivered, collet money, reduce gearing, repatriate funds and distribute cash/dividends to loyal long time shareholders. Last Qtr should be reveal gd results...hoping
Future looks bright for property in London...

Stock

2021-09-23 08:29 | Report Abuse

@warchest - yes an estimate of handover from Aug till Oct (last Qtr) would be of great help to project their profits for the whole year. Understandably, their revenue is lumpy and depends on handovers and Covid deferred some of these, but nxt Qtr rev/profits results will be their turning point, I think. Off course a bonus is if they can sign on a BTR deal in the Qtr.
Warchest - over to you.!!!

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2021-05-31 19:51 | Report Abuse

So strengthening pound or Aussie $ gd for EWI?? Should be right.? Sales are in Pounds, Profits in Pounds or Aussie $, translate into ringgit and remit back - higher values/possible higher dividends. Correct..?
Or is this too simplistic an argument?

Stock

2021-04-11 20:54 | Report Abuse

Things looking very gd for housing mkt on London...see abv Guardian article.

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2021-03-23 16:29 | Report Abuse

Gen2 - which page of AR2020 is this "MYR strengthened = profits, MY weakened = loss" stated? I tried to find under the main headings ( damn long AR) but couldn't. Maybe you can help direct to the page/topic where its stated.
Tks for sharing.

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2021-03-23 08:53 | Report Abuse

Tend to agree with Warchest views. More $$ to remit back to shareholders for dividend with strengthening pound.

Secondly if BtR is the rage for future growth, EWI doesn't need so much funds tied up in borrowings as BtR (investor) funds the progress of the development in staggered amounts until completion; unlike non-BtR residential units, where balance 90% only paid upon completion. Funds can be tied up for years (until completion).

Thus gearing improves and this should give impetus for EWI to release funds for more dividends as announced earlier/many times in past.

Hopeful....

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2021-03-21 09:00 | Report Abuse

AR2020:
A 10% (2019: 10%) strengthening of the RM against the following currencies at the end of the reporting period would have increased profit or loss by the pre-tax amounts shown below. The analysis assumes that all other variables, in particular interest rates, remained constant.

Abv comments mentioned "pretax amounts as shown below..."? But nothing shown. Missed out? Forgot to attach file..?

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2021-03-17 08:26 | Report Abuse

What will impact of Forex on Earnings of EWI be. The Pound has gradually strengthened from 5.20RM to almost 5.80 RM in last 12 months. Anyone any clue how it will impact their P&L for next QTR or previous Qtr.?
Appreciate some insights.

Stock

2020-07-30 08:46 | Report Abuse

Hi warchest - I like yr analysis on BtR sector and its immense potential for EWI in the future.
Can you comment on rising GBP against RM. It is almost touching 5.50 in recent days. Used to hover around 5.20 range.
What would be the impact on its nxt July QR? Should be + right. Any analysis/prognosis can be done? Impact of forex on PL and BS. ?

Tks.