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2019-10-12 10:28 | Report Abuse
Ewein will reap substantial benefits from the 2020 Budget
https://www.thestar.com.my/news/nation/2019/10/11/budget-2020-rm600k-threshold-for-foreigners-to-purchase-urban-high-rise-properties
http://www.edgeprop.my/content/1597826/penang-condos-priced-rm500000-rm600000-may-rise-lower-foreign-buying-threshold?utm_source=newsletter&utm_medium=email&utm_campaign=E-News%20Alert%20Budget&mc_cid=b3d04bb33e&mc_eid=48cdac274a
2019-10-11 20:14 | Report Abuse
https://www.thestar.com.my/news/nation/2019/10/11/budget-2020-rm600k-threshold-for-foreigners-to-purchase-urban-high-rise-properties
Phases 1 & 2 of City of Dream will be fully sold soon with the above relaxation....... RM1 TP for Ewein will be on the way before CNY 2020.
2019-09-19 01:25 | Report Abuse
https://malaysiastock.biz/Company-Announcement.aspx?id=1166366
First half FY2019 has already achieved EPS of 10 sen. Full year => 20 sen ? !!
2019-09-17 18:03 | Report Abuse
https://www.thestar.com.my/news/nation/2019/09/11/zuraida-mulls-selling-rm100bil-worth-of-unsold-high-end-property-to-china-hong-kong-buyers
The above proposition should bring substantial benefits to BCB's existing high end Hometrees and The Elysia Park Residence projects.
2019-08-29 21:39 | Report Abuse
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=206645&name=EA_FR_ATTACHMENTS
Good 1Q result! EPS: 2.5 sen
Plenty of cash in hands: RM142mil
2019-08-28 19:49 | Report Abuse
https://malaysiastock.biz/Company-Announcement.aspx?id=1167395
Very good full result !!! EPS: 9.76 sen
2019-08-23 18:55 | Report Abuse
https://malaysiastock.biz/Company-Announcement.aspx?id=1166366
6 months EPS is already 10 sen. Good result as expected!
2019-08-12 18:29 | Report Abuse
This is a very undervalued company with good growth potential for the next few years. Unfortunately most analysts still feel reluctant to upgrade the property sector or say something positive about the sector.... Nevertheless this could be a bottom fishing opportunity....
2019-08-12 18:18 | Report Abuse
Ewein is expected to report very good profits for the next few quarters due to the good sales of City of Dreams and the advance stage of completion
2019-08-02 18:14 | Report Abuse
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=195502&name=EA_DS_ATTACHMENTS
The proposed re-development of the Sri Damansara Club land is currently in progress. The Court Order to wind up Sri Damansara Club’s interest scheme was obtained in June 2019. The Club is expected to cease operation by the 4th quarter 2019. The preparation for submission of the development plans for a mixed high rise development project is underway. The estimated
GDV of the project is valued at RM2.0 billion
Aria Rimba, L&G’s 112-acre township at U10, Shah Alam, is a mixed-development project that consists of link houses, semidetached houses, serviced apartments and affordable houses under the Rumah Selangorku initiative. The project, with an estimated total gross development value (GDV) of RM1.1 billion, will be developed over five phases throughout the next six years. Earthworks for Aria Rimba has already commenced and the development is expected to be launched from early 2020 onwards.
For FY March 2020 financial year, the Group is well poised to take advantage of an upward trending market with its on-going projects in the Klang Valley, namely Damansara Seresta (GDV of RM480 million); Astoria Ampang Phase 1 (GDV of RM400 million); and Sena Parc Phase 1 (GDV of RM35 million). The Group also intends to launch its Shah Alam landed development project, Aria Rimba, (GDV of RM1.1 billion) in 2020.
2019-08-01 20:24 | Report Abuse
Currently, the Group has about 500 acres of land bank for
development (including those under joint ventures). Notwithstanding
the challenges faced in the property sector, the Group would
continue its efforts to enhance our land bank via strategic tie ups
or joint ventures with land owners and/or through acquisition.
As at 31 March 2019, the Group had a healthy total unbilled
sale of approximately RM655.0 million from ongoing projects.
Pavilion Embassy, Kuala Lumpur
This development is sited on 5.75 acres of prime
freehold land along Jalan Ampang, Kuala Lumpur. It is an
integrated development which entails a premium collection
of corporate suites, service suites and private residences. It
is strategically located within the upscale enclave of Kuala
Lumpur City Centre, just 1.2 kilometers away from the iconic
Petronas Twin Tower and is situated right in the heart of the
embassy row coveted for its prestigious international address.
The project with an estimated GDV of about RM1.0 billion, will
be developed in 2 phases, with Phase 1 comprising 3 blocks
of corporate and service suites and Phase 2 with 2 blocks
of private residences. Phase 1 was launched in September
2017 and achieved a healthy take up rate of 96% to date. The
construction of substructure works at site was completed
while the main building works are in progress as scheduled.
Meanwhile, Phase 2 was later launched in February 2019 and
received an encouraging response.
Villa Heights – Phase 2
This is a continuation of its Villa Heights development which
is an exclusive guarded and gated residential project built on
the elevated grounds in the pristine area of Taman Equine.
Phase 2 which consists of 46 units of semi-detached
houses and 1 unit of bungalow was launched in May 2018
and achieved take up rate of 85% as of to date. Overall
construction work progress has reached approximately 70%
completion.
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=195491&name=EA_DS_ATTACHMENTS
2019-07-30 21:40 | Report Abuse
https://www.thesundaily.my/business/malaysian-property-market-bottoming-out-says-knight-frank-FY1144979
https://malaysiastock.biz/Company-Announcement.aspx?id=1160559
Free bonus warrants are coming soon...............waiting for EX-date.....
2019-07-30 21:31 | Report Abuse
https://www.thestar.com.my/metro/metro-news/2019/07/23/optimistic-outlook-at-property-fair/#cxrecs_s
RM15 mil worth of COD condo sold. More to come given its nearing completion stage...
2019-07-01 21:32 | Report Abuse
https://malaysiastock.biz/Company-Announcement.aspx?id=1151849
KENANGA GROWTH FUND buying into this company with an accumulated 5.77% stake???
2019-06-27 23:40 | Report Abuse
http://malaysiastock.biz/Company-Announcement.aspx?id=1151760
Is this a prelude to a possible selective capital repayment to privatize this company?
2019-06-20 21:34 | Report Abuse
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=94967&name=EA_GA_ATTACHMENTS
Hohup can expect to receive RM266 mil within 12 months from the disposal of the Pavilion Bukit Jalil Mall by Malton.? (page 14 of the above hyper-link)
2019-06-20 16:49 | Report Abuse
Between Ekovest and Iwcity, the former should be a more ideal andf feasible vehicle to undertake the Bandar Malaysia development. It has the track record and financial means as well as the existing operating cash flow to raise financing to undertake the massive development. Bankers will likely prefer the former to be the vehicle to assume the financing obligations.....
2019-06-14 13:31 | Report Abuse
Overseas established developers are more than happy to grab this golden opportunity to buy over such a big plot of FLAT matured land located right next to the big City of Kuala Lumpur. Such opportunity in terms of its sheer size and prime location is not easy to come by even in any part of this world.
2019-05-12 10:51 | Report Abuse
Isola @ KLCC will start contirbuting positive results for OCR in the next few quarters as the project has finally reached the reinforced concrete framework stage whereby more profits can be recognized in the account.
https://www.ocrbhd.com/ocr-launches-rm240-million-gdv-isola-klcc-jalan-yap-kwan-seng/
https://klse.i3investor.com/blogs/Bursa_Master/205971.jsp
2019-05-05 18:54 | Report Abuse
https://www.theedgemarkets.com/article/sime-darby-property-records-over-rm1b-sales-under-its-twomonth-primetime-8-campaign
Tropicana needs to learn to launch products that are wanted by the consumers and not what it wants to sell to the consumers.
2019-05-05 11:28 | Report Abuse
That's the point. If Seacera can't pay, the JV remains in OCR's pocket. OCR got the rights to develop the 500 acres land with minimal upfront payment under the JV agreement. Fantastically good deal for OCR.
Bigger corporate raiders or developers should consider hostile takeover or buying over OCR if they want the landbank or various JVs that have been scooped up by OCR.
2019-05-04 09:28 | Report Abuse
If Seacera wants to rescind or cancel the JV, then OCR can expect a windfall compensation. A 5% penalty or compensation based on a GDV of RM10 bil can translate into a compensation sum of RM500 mil. Huat ah!
2019-04-29 09:41 | Report Abuse
LKH proves that he didn't short change Ekovest when he sold PLS shares to Ekovest as his own stake in Ekovest worth much more money
2019-04-28 23:00 | Report Abuse
It's not easy to rescind the JV agreement like what's happened between Ho Hup and Malton's JV agreement many years ago. The history tends to happen again and again. Wouldn't be surprised that they learned that from the said history.
2019-04-27 15:10 | Report Abuse
http://malaysiastock.biz/Company-Announcement.aspx?id=1137772
RM5.3bil GDV is to be derived from landed property development in a decent location. Should be easily achieved.
The existing majaor shareholder Ong Kah Hoe only has 20.% stake in OCR. He better ups his stake in the company by acquiring more shares in the market before any other sharp-eye corporate raiders zoom in and easily take control of this smallish company given its attractive JV in hand.
It will be interesting to see if such development will take place......
2019-04-25 22:24 | Report Abuse
Give it some time. It may hit RM1.50 next week.
2019-04-25 22:23 | Report Abuse
https://www.theedgemarkets.com/article/tropicana-inks-jda-rm478b-gdv-development-langkawi-it-drops-pantai-cenang-mou
Tropicana inks joint development agreements worth RM4.78b
2019-04-25 06:27 | Report Abuse
Too bad that there was not enough media coverage on the good news on its RM10 bil JV. Very few people know about it
2019-04-22 19:48 | Report Abuse
It is a direct beneficiary from Bandar Malaysia
2019-04-22 19:45 | Report Abuse
OCR needs to pay RM3mil only within 3 months to lock in 500 acres of good land for RM10 bil property developmemt for many years. Where else can find such a fantastic JV agreemeet?
Well done finally for OCR! It surely deserves for limit up for getting such a deal, kind of buying 500 acres of land with almost no earnest deposit... Moreover no profit guarantee either!
2019-04-22 11:08 | Report Abuse
One must check how fierce was the share price rally of IWCity in Feb, March and April 2017 in order to make a wild guess for IWCity and Ekovest for this round of rally.
2019-04-22 10:55 | Report Abuse
How high will Ekovest go if IWCity hits limit up again this afternoon?
2019-04-22 09:24 | Report Abuse
One should look back at the history of how much Ekovest climbed up when LKH got Bandar Malaysia in 2016. The counter actually had a long 300% bull run. Check its last 5 years chart
2019-04-22 09:17 | Report Abuse
Wait for IWCity to hit limit again in the afternoon
2019-04-22 09:10 | Report Abuse
It will likely go up again in the afternoon when IWCity hits limit up again in the afternoon
2019-04-21 19:38 | Report Abuse
The company's PAT dropped 11% in 2018 as compared with that in 2017. But the share price dropped > 60% in 2018.
Maybe it's time for it to recover at least half to RM1.60 given that its fundamentals remain the same or improving with more mega projects to be unveiled or revived again....it will likely be a potential beneficiary for the proposed RTS link in JB....
https://www.nst.com.my/news/nation/2019/04/481543/malaysia-committed-ensuring-rts-link-project-continued-says-loke
2019-04-20 15:34 | Report Abuse
This company will be a beneficiary when HSR finally takes off due to its landbank. Just wait for another 6 to 9 months when HSR theme play comes back again. HSR cannot be deferred for too long.....
2019-04-20 11:10 | Report Abuse
https://www.thestartv.com/v/dr-mahathir-we-can-learn-a-lot-from-china
https://www.thestar.com.my/news/nation/2019/04/20/bandar-malaysia-to-take-off-again/
The warmer the relationship, the warmer the market.
Bandar Malaysia has a GDV of RM200bil.
If Ekovest can get 2% construction works, => RM4 bil , it will be nice.
2019-04-19 18:40 | Report Abuse
High of RM1.52 + Low of RM0.42 = RM1.94
Hopefully it can recover at least half of its lost ground to RM0.97
Stock: [TROP]: TROPICANA CORPORATION BERHAD
2019-10-12 10:32 | Report Abuse
Trop will reap substantial benefits from the 2020 Budget:
https://www.thestar.com.my/news/nation/2019/10/11/budget-2020-rm600k-t...
http://www.edgeprop.my/content/1597826/penang-condos-priced-rm500000-r...