Eco World International Berhad - Eighth Annual General Meeting ("AGM") on 24th March 2022 @ 10.30 am

Not easy to turnaround this underperformance elephant, when it was surrounded with many warlords, heirs and heiresses

https://www.thevibes.com/articles/business/56661/abdul-jalil-disposes-of-15-mil-shares-in-bcorp

Gone case on Monday. Back to the same old underperforming conglomerate under the helm of Tan's Dynasty

Negative developments affecting Myanmar, its biggeest contributor of EBITDA. Even Petronas pulled out from Myanmar. Be careful of write-off on its investment in Myanmar

Company is not growing, political crisis in Myanmar its bigger contributor of EBITDA, didn't benefit much from JENDELA, major shareholder is selling, weakening balance sheet and waning interest in this Company

To go to RM1.50 is an arduos journey but to me is good enough if it can be half of it

Don't worry about the critics. At current level nothing to lose. Every dog has its day

If Awang is leaving and replaced by technocrat in this industry, that is a major boost to Aimflex

IRIS Corporation Berhad (the “Company”) wishes to announce that on the 3 January 2022, the Company’s wholly-owned subsidiary namely IRIS Information Technology Systems Sdn Bhd (“IITS”) has received an Application for an Interim Injunction dated 27 December 2021 (“Application”), which is fixed for hearing on the 26 January 2022 at the High Court of Malaya. The Application was filed by S5 Systems Sdn Bhd (“S5”), a company incorporated in Malaysia. S5 is seeking:

IITS be injuncted from engaging third parties/ subcontractors for a specified scope; and
any third party / subcontractors already appointed by IITS be terminated / halted for a specified scope.
The Company has appointed a legal firm to represent its interests. The Company firmly believes that the Application is frivolous and without merit and the Company will vigorously contest the Application and take the necessary actions to protect our rights and that of our stakeholders.



The announcement is dated 4 January 2021.

Any door gifts for the AGM?

@Kang Yao Refer to this on Gurnell Project

"A joint venture between EcoWorld London, Ealing Council and the council’s development company Broadway Living has seen plans for the £230m redevelopment of Gurnell Leisure Centre refused. Councillors went against the planning officer's recommendation and refused plans for a new leisure centre and 599 flats at the committee on 17"

The plan was rejected by Councillors so they have no choice but to write-off the planning cost

Don't trade for small uptick. Not worth the time and money. Buy and keep for months

Just buy and keep Aimflex. Strong support despite weak market sentiment. Multibagger in the making

a decent results, recovery is intact. With on-going strategy to diversify into other industries to reduce reliance on Dysons, it will bode well with the growth plan of the Company. 20 cents soon

Interesting 2 days. 20 cents is confirmed by this week

Market bad and yet it is showing uptick. Support is good and in no time it is gonna go above 20 cents. When there is turnaround of financial results and orderbook, than is gonna breach above 20 cents. Keep the leap of faith

Soon 20

Good news for AAX. Even without Covid, AAX is a dead fish. Covid is just a last nail in the coffin. With this restructuring, AAX can reset its operations, cost structure and strategies as well as cleaning its balance sheet

You see today there was a strong support for Aimflex despite glooom and doom for KLCI. I expect that it is gonna breached 20 in short-term

Serba, SCIB and KPower are Karim's companies. Awang already sold majority of his holding in Serba even during IPO and entered into Aimflex and Minetec.

Is not pump and dump. is just t+2. After lunch, it will go up again

20 November is the results day. Is gonna be a the numbers of recovery as production back at full capacity. Business is resuming to normal with business development activities gaining traction. 20 cents easily breached next week

Aimflex is no longer a stone. Just a start, more to come with booming business

I have accumulated enough. Keep the fingers crossed for a multi-baggers

I see that it will back to 20 cents in ST.

Fundamentals wise, the worst is over for Aimflex especially they into a booming industry. Production resumes as normal and is poised for its recovery plan

Ewint would not be affected by Cukai Makmur as its profits are from overseas, predominantly in the UK unlike its sister company, EcoWorld Group

When is at high when KYY was aggressively promoting, it is a value trap. But now when they are back to their pre-Covid level, it could be a value buy. This is how investing works

Trade or invest based on your own strategies. Not from the words of those promoters. Their words carry no weight at all in i3

The more aggressive certain promoters promoting this counter, it will drop more. Their credentials already tarnished long time ago. No free meals in this world. We can learn a lot from all the lessons from the past. Just search.

Too heavy. Too much expectations that is why hard to break even at RM0.50

Let's see whether they can overcome the operational disruptions and diversify successfully or not

Next week gonna be interesting. If it can breach 16.5, we can see much of upside

Anyway, the value proposition is we are having overseas properties in UK and Aus. Something that differentiate from other property developers in Malaysia

No worries, fundamentals and business are intact. Just wait and all be alright. Ewint will follow as high as Ecoworld. Just matter of time. See the chart and u know is coming. Slowly but definitely

Managed to get ewint low. Waiting it to break 2-year high soon

They issued free warrants for subscription of IPO shares. This is a sweetener but they don't need it to be subscribed as they knew that don't need additional funding. They just need a bridger fund for the initial projects

From Ewint's perspective, issuance of warrants is not for fund-raising purpose but is a sweetener to garner interests in its IPO back in 2017

Most likely warrants would just lapsed. The Company does not need any funding especially for Ballymore and its Australian's subsidiaries. For new projects, with low net gearing of 0.18x as at 31/7/21, they could easily raise funding with low interest rates. Bear in mind, with many projects handovers soon substantial cash inflows are coming

The ARB Cloud Cosec features an integration of all companies in Malaysia that enable the services to be targeted at company secretary firms, public listed companies (PLCs) and small and medium enterprises (SMEs).



The rollout of ARB Cloud Cosec will help to create a sustainable recurring income of RM100 million per year for the group. In the near term, ARB group aims to capture 10% of the PLCs market and another 20% of the SMEs market.

https://dagangnews.com/arb-jangka-mampu-jana-rm100-juta-setiap-tahun-menerusi-pelancaran-arb-cloud-cosec-9223

Importantly is to build its competency and restructuring in EcoWorld London to enable greater focus on development management

As a matter of fact, as compared to FY20 the net debt as at 31 July 21 has decreased from RM949 mn to RM529 mn, giving a net debt ratio of only 0.18x

Nope, EWINT future revenue stands at RM1.357 bn (£237 mn) and RM75.9 mn (A$25 mn) for UK and Aus. Collectively, RM1.433 bn of future revenue as at 31 August 2021

Lower profit in Q3'21 means higher profit in Q4'21. Less handovers meaning higher handovers in Q4'21. A03 of Embassy Gardens with effective revenue of £71 mn, Kew Bridge effective revenue of £70 mn and Barking Wharf Phase 1 with effective revenue of £8 mn, going to be recognised in Q4'21.

As for the completed developments, Ewint can recognise immediately the unsold units from Wardian, LCCI, West Village and Yarra One. That's why the Company is expecting substantial cash inflows by Q4'21

Quek's family is holding. Institutional investors and Ecoworld's directors are holding too. Prominent investors and honchos of listed companies as well. Collectively more than 80%. We are in the 20% riding wave with them. As long as is producing asset company, I don't mind holding for years.

Accumulate for another round of bumpy dividend. Unsold units can be recognised immediately. Easily RM0.60 soon

https://www.thestar.com.my/business/business-news/2021/09/01/uem-edgenta-aims-for-12-annual-revenue-growth-in-next-five-years

Same people kept talking about QES previously when it was 30++ cents. Now, Qes already 80 plus cents. Aimflex gonna have the same pattern as Qes