Multibaggers in the making

https://focusmalaysia.my/markets/maybank-ib-research-tech-sector-has-yet-to-unleash-its-full-potential/

the record quarterly earning was RM118 mil in the last quarter of 2019. This time around the quarterly profit may even higher than the best annual profit of EWINT in 2019

coming quarter earning should be huge with handovers of Yarra one and half of Wardian with GDV of AUS$243 and £212 mil (effective stake of 75% x £566 mil / 2). It would be the highest quarterly earning by record, with completion bulk of projects as listed during IPO.

Hi Uncle KYY, you don't use PE to value a tech company. You got it all wrong. Else, no one buying into wonderful tech companies like Amazon, Google, FB, Tesla etc. We need to base tech companies on revenue growth, strong balance sheet and business model. And pandemic theme is slowly evaporating in the air. Now they have high margins and volume but how 2 years down the road

Many are looking into semiconductor counters, but if you see their valuations are at sky high when you compared with Samsung and TSMC. Need to look into other growing areas of tech like IoT, Big Data and ERP. The business model for ARB is unique as they position themselves with SMEs, forming a JV co and getting % of their revenues

Is just turning from bear to bull. And many months of accumulations. See the indicators and you will know. Earnings moving to elevated level. Even if you backload the entire conversion of PA, the shares base is not high.

@BabyAce. Nevermind, let's results hit those naysayers with humility

Just stay compose for now. Fair value is still much higher. The lowest tech company valuation with good growth

https://www.thestar.com.my/business/business-news/2021/02/15/arb-posts-jump-in-q4-net-profit-to-rm1974mil

Record quarterly's topline and bottomline for ARB

Stay strong arb. Is gonna be 50 cents minimum

ARB is coming already. Stay tune for tomorrow

https://www.telecompaper.com/news/telenor-myanmar-loses-nearly-1-million-customers-in-q4--1371260

It has been a very long time that Bioalpha is fully traded by retailers. Last time was somewhere in Jul 2020. Without this, is very hard for it to move. Need to wait the next catalyst. Perhaps, good results. Just my 2 cents view.

After they announced rights issue, bankers chips slowly diminishing high volumes with uptrend but not sustainable one. Now it is downtrend with only retailers in

https://www.google.com/amp/s/news.sky.com/story/amp/bank-of-england-sees-economy-recovering-rapidly-as-vaccines-rolled-out-12208428

When the dust is settled, economy in UK should start its vibrancy. Is coming fast in the matter of months

New cases in UK have gone down from 68,053 on 8 January 2021 to 16,840 new cases per day on 2 February 2021. More than 10 million UK citizens have been vaccinated or 10% of the 100 million of people that have been vaccinated. At least 2 million vaccinations per day and by the start of summer end of June 2021, 50 million or 75% of UK citizens would be vaccinated. By summer, UK would be amongst the first country in the world to be free from Covid-19.

A headwind to OCK with military staged a coup and declared state of emergency today. In Myanmar, OCK owns over 900 towers (almost 1/4 of its total towers). The group has more than 500 telco sites outstanding in its order book. OCK could face delays in completing its towers in the pipeline and possible collection issues, amidst the state of emergency

https://www.freemalaysiatoday.com/category/highlight/2021/02/01/army-declare-1-year-state-of-emergency-after-seizing-myanmar/

Partnership with Boxed is good news. First, they can tap into B2B, utilising Boxed’s infrastructure by selling to enterprises and even large families. Second, they can ramp-up the development of AEON’s virtual mall that caters not only for AEON’s retail business but also for its 4,000 tenants. In essence, this partnership is a game changer to AEON into their virtual mall and B2B market. Boxed is very credible, with proven business model in this area.

Covid creates a lot of headwinds to AEON, especially on the reduced rents collected from all its assets and reduction in footfall especially during CNY festive season. But AEON being the biggest retailer doesn’t wait but rather keep innovating and forged strategic partnership to grow its businesses. AEON has proven that its businesses will continue to grow once the dust is settled.

https://www.theedgemarkets.com/article/allaying-lockdown-fears-noor-hisham-says-mco-will-likely-end-feb-4-followed-threemonth-cmco

https://www.theedgemarkets.com/article/allaying-lockdown-fears-noor-hisham-says-mco-will-likely-end-feb-4-followed-threemonth-cmco

https://www.theedgemarkets.com/article/healthsupplement-maker-bioalpha-plans-rights-issue-new-shares-icps

No wonder that despite aggressive hard selling by William Hon, but the share price is nor going anywhere.

Non-stop fund-raising activities since 2015, amongst others i.e. rights issue, ESOS, private placements since 2015. With this round, it raised above more than RM100 mil in new equity and creates a huge dilution in share capital

https://www.klsescreener.com/v2/announcements/view/3294393

https://www.theedgemarkets.com/article/airasia-x-shows-court-creditors-support-restructuring-plan

In fact, now is a good news for Ecoworld as the merger proposition by UEM no longer attractive now

As the biggest land owner with 9,000 acres of land, major property overhang in Johor is a big concern. HSR project supposed to be a saving grace for UEM. The merger benefits UEM more than EcoWorld as it can tap into its expertise in building community centric townships

As the biggest land owner with 9,000 acres of land, major property overhang in Johor is a big concern. HSR project supposed to be a saving grace for UEM. The merger benefits UEM more than EcoWorld as it can tap into its expertise in building community centric townships

And the proposition by UEM no longer attractive with the called-off of HSR

That is one of the reasons why EWINT is trading almost at all time low

As from the letter dated 2 October 2020 to Eco World Development Group Berhad sent by UEM Group, it was stated in one the conditions precedent that the Proposed Merger conditional upon the shareholders agreement entered between Tan Sri Dato' Liew Kee Sin ("TSDLK"), Eco World and Guocoland Limited amongst other their shareholdings in EWINT being terminated, becoming ineffective, amended ot waived in order for them to participate in the Proposed Merger

It means now that the major shareholders solidify their commitments to continue to grow the business of EWINT

Good news for Ewint for UEM - Ecoworld called-off the merger

https://www.theedgemarkets.com/article/glove-bear-jp-morgan-tells-clients-gloves-aint-needed-during-vaccinations

https://www.theedgemarkets.com/article/glove-bear-jp-morgan-tells-clients-gloves-aint-needed-during-vaccinations

UK vaccine approved for use in the UK. 2nd vaccine approved in the UK

https://www.google.com/amp/s/www.bbc.co.uk/news/amp/health-55280671

Gonna be a big boom in the UK economy after this pandemic. Ewint is in the sweet spot to flourish further

https://www.google.com/amp/s/amp.theguardian.com/money/2020/dec/23/market-for-high-end-country-homes-strongest-in-decade

I can tell you some of my investments in the past, I experienced prolonged drought. Maybe up to 3 years, without any capital appreciation. Some in deep red. But once time is right, they turned out not only a turnaround counter but a multibaggers.

Just enjoy the Christmas guys. Just slowly counting your blessings. Make it a blessed and merry Christmas

You can be frustrated and even be exasperated. Everyone will but remember your investment horizon. It is for investment that you can keep for years, without worrying about its future and financials. Every little thing in the Ewint wishlist would slowly come true

https://www.google.com/amp/s/www.telegraph.co.uk/politics/2020/12/23/boris-johnson-poised-seal-brexit-trade-deal/amp/

https://www.google.com/amp/s/www.bbc.com/news/amp/uk-politics-55422729

Remember that pound sterling now at 2-year high. Their cash and bank balances and amount owing by joint ventures of RM2.5 bil are predominantly in pound sterling.

But everything is still intact. Just delay by a year. FY21 is going to be a very interesting year.

But if you are making comparison to what they promised in the prospectus back in 2017, they are doing it. Just that their plans have been delayed by events beyond their control i.e. Brexit, Covid

Its share price of the Company has been on downtrend due to multiple whammies; possibility of Brexit with no deal, delays in handover of projects, disappointment of financial results, recent merger between UEM – EcoWorld that might affect its shareholding structure, delays of dividend declaration and uncertainties of new projects and prospects going forward. However, it doesn't mean that Ewint is not doing well. It is delaying its fruit harvesting event to a year later.

The best is yet to come. The devil is in the detail. First they secured RM1.4 bil of sales for FY20, with RM448 mil sales for Q4 2020, being their strongest quarterly sales. This affirms the growing demand for properties in UK despite of Brexit. For FY21, projected sales of RM2.2 bil (57% higher than FY20) will be added to future revenue.

And with completion of Yarra One by Q1 21, bulk of portfolio of projects in the pipeline as stated in the IPO back in 2017 have been completed. Next quarter, solely on Yarra One, Ewint will recognise RM728.3 of revenue and approximately RM100 mil of profit. Including other handovers from its existing UK projects it is going to achieve one of the highest profits ever.

Yes, Brexit with deal or not i doesn't matter to the UK. But just that property developers like EWINT waiting for greater certainty on prospects before embarking on new developments