Posted by 6044 > 2019-02-28 18:02 | Report Abuse

Q to Q declined, sales billed slow liow and seems not encouraging. No new strong development since Jan 2019, and expecting coming Q will be shivered, Tmrw share price seems no good. Hopefully tunnel project either confirm or rumuor progress can come in before next Q anncement in May, otherwise the share price will be depressed or stagnant and will further drag down when May Q anncement.

Posted by Permas > 2019-02-28 19:18 | Report Abuse

Excellent results for the year 2018.
Revenue for the 2018 was 204.24million (compared to 93.823million in 2017), i.e. revenue is 217% compared to last year
Net profit for the 2018 was 49.25million (compared to 13.167million in 2017), i.e net profit is 374% compared to last year
QR4 results is comparable to QR2, net profit is less because tax provision is more (6.581m in QR4, compared to 3.683m in QR2)
The fluctuation in revenue and net profit is probably due to delay in progress claim, so probably should look at it by average the two quarters.
Prospect for 2019 will be excellent as they will complete the construction of City of Dream (Phase 1) in 2019, hence more progress claim or revenue from their property development.

Posted by babboy12345 > 2019-02-28 19:42 | Report Abuse

Everyday I pass by look at this project and the location , if Penang island going to develop,this is the only prime land in island and this is the thing can't read from the report. if you thing Penang will become a place for development and tourist,the double E company are the good choice for u.

Posted by fundamentalist > 2019-02-28 19:47 | Report Abuse

Refer to note 11, without the effect of new acctg treatment on interest expense, pbt 21m in q4 vs 16m in q3.

Posted by Permas > 2019-02-28 20:26 | Report Abuse

At current market conditions, margin for a good property developer is at most about 10%
For Ewein is at 24.1% overall (the margin for Ewein's property sector is more, probably close to 30%) , which mean they are one of the best.

Posted by Permas > 2019-02-28 20:35 | Report Abuse

For City of Dream (Phase 1), the total progress claim they had made so far is at around 150m, I guess. The whole project is worth 800m, so the balance is 650m to be complete in 2019. Probably the progress claim will be spread for the next 4 or 5 quarters !!!!

Posted by tw01 > 2019-03-01 12:22 | Report Abuse

Good counter to keep for mid - long term !

Posted by Maxlim2000 > 2019-03-01 14:30 | Report Abuse

The boss purposely press down even good results

Posted by derrtan > 2019-03-01 14:45 | Report Abuse

nowdays all stable result counter drop...all lose one up

Posted by Applepen > 2019-03-01 20:42 | Report Abuse

Why so many share buy back of this company?

Posted by CashRich > 2019-03-01 21:27 | Report Abuse

https://www.edgeprop.my/content/1459664/ewein-plans-launch-city-dreams-2-next-year

Based on the fact, city of dream done sell at 80% of units
Assume average sf was 1100sf x rm1350psf x 572 unit x 80% = rm679,536,000.

Based on completion expected end.of this year's
Since year 2016 the project been start until latest Qr with total revenue just only 3xxmil
Therefore in fact fy2019 revenue will have another New high

Therefore I believed this is the result why dato keep buy back their share due to he also believed ewein is super undervalued

Posted by Cheng31 > 2019-03-02 15:33 | Report Abuse

The City of Dream project was slapped with stop work order for about 3 years. I think they only restarted their construction works in Q4 of 2017. They were some works done in 2015, so that the actual progress claim should not be 3xxmil, a lot less i think. Which mean 2019 will be a very good year for Ewein.

Posted by Calvin60 > 2019-03-02 18:08 | Report Abuse

Ewein Bhd posts net profit of RM42 million
https://www.nst.com.my/business/2019/03/464933/ewein-bhd-posts-net-profit-rm42-million

Posted by 6044 > 2019-03-03 16:57 | Report Abuse

beware of recent case of exposure from RPK regards to tunnel project bribery

Posted by ewein > 2019-03-03 16:59 | Report Abuse

Cash flow improve in latest QR. No wonder SBB qty increase a lot lately. By the time declared dividend share dividend 4:100(4%) can Ewein give?

Posted by Penang_lang > 2019-03-03 19:02 | Report Abuse

Penang awards projects via open tender, corruption not possible, claims Guan Eng
Read more at https://www.thestar.com.my/news/nation/2019/03/03/penang-awards-projects-via-open-tender-corruption-not-possible-claims-guan-eng/#kgwjkVdIMSk1uMxT.99

Posted by 507596689729039 > 2019-03-03 21:10 | Report Abuse

The bus 4 tires pieced punchure by Raja Petra. Sent repairing again.

Posted by 5354_ > 2019-03-04 04:42 | Report Abuse

If down SBB can buy more at cheaper price why is bad? Unless you contra player haha.

qps999 Why EWEIN not going in green position..something is wrong..
02/03/2019 19:45

Posted by 5354_ > 2019-03-04 04:47 | Report Abuse

qps999 you can ask same question in Penergy after QR haha.

Posted by 5354 > 2019-03-04 11:31 | Report Abuse

Penang next PH can lose in GE15? Why RM 1 Ewein possible under BN not PH despite better QR?

Posted by Maxlim2000 > 2019-03-04 11:33 | Report Abuse

No power

Posted by LKOK > 2019-03-04 12:11 | Report Abuse

PE 8 at latest QR expensive?

Posted by ewein > 2019-03-05 10:33 | Report Abuse

Operators short Ewein? Today SBB on bec Ewein become cheaper?

Posted by 507596689729039 > 2019-03-05 18:11 | Report Abuse

Don't worry. SBB still in operation 0.60 -0.635 today.

Posted by 5354_ > 2019-03-06 09:39 | Report Abuse

Short sellers frustrated when see SBB qty increase when price lower.

Posted by zhangliang > 2019-03-06 11:59 | Report Abuse

time to push la 65 sens next

Posted by 507596689729039 > 2019-03-06 12:54 | Report Abuse

Taiko throw while SBB take. Don't worry, all kaki nang, suk ki nang, ji kei yau.

Posted by zhangliang > 2019-03-06 18:39 | Report Abuse

slowly but surely

Posted by 507596689729039 > 2019-03-07 21:02 | Report Abuse

Raja Petra itu Mulut Gagak. 乌鸦嘴。看来Ewein要衰一个半月了

Posted by Ninelotus > 2019-03-07 21:50 | Report Abuse

https://youtu.be/pvHKwV9K-a8

Posted by 5858 > 2019-03-08 11:05 | Report Abuse

ewein will break 0.6

Posted by 5354_ > 2019-03-09 04:21 | Report Abuse

SBB why no continue when price drop?

Posted by 507596689729039 > 2019-03-10 12:24 | Report Abuse

Boss is busy explaining & defending against the accusation made by Raja Petra. No time to bother SBB. See SBB laterlah.

Posted by 6060 > 2019-03-10 13:37 | Report Abuse

6 is lucky number. Die-die 60 sen must support buying.

Posted by zhangliang > 2019-03-11 10:20 | Report Abuse

can collect on weakness once political storm fizzles out time to move up

Posted by sheryn74 > 2019-03-11 18:12 | Report Abuse

Why drop so much pulak?

Posted by BRAVOZULU > 2019-03-12 00:01 | Report Abuse

ok laa boleh collect murah sikit haha

Posted by 507596689729039 > 2019-03-12 10:47 | Report Abuse

SBB strikes back.

Posted by 507596689729039 > 2019-03-12 11:10 | Report Abuse

Bravo, you are right. It's time to collect cheap-cheap.

Posted by moneykj > 2019-03-13 16:32 | Report Abuse

This counter already half dead. Go for Redtone.

Posted by 5858 > 2019-03-14 08:29 | Report Abuse

ewein something wrong....boss press down share buy back. con

Posted by 507596689729039 > 2019-03-14 08:52 | Report Abuse

12-3-19 SBB still working. Only tunnel case blustery affects the price.

Posted by 6060 > 2019-03-14 12:33 | Report Abuse

SBB if stop below 60 not smart lo.

Posted by VenFx > 2019-03-14 12:36 | Report Abuse

0.590 range would be opportunity to ACCUMULATE
while kena PH opposition sabotaged ...
its a now or never event.

Posted by 507596689729039 > 2019-03-15 11:11 | Report Abuse

Opcom (Anak M), Eden (Anak M), Ewein (Anak L) semua ini Anak PH naik boom boom hari ini !

Posted by 507596689729039 > 2019-03-17 20:23 | Report Abuse

Come on Ewein. Make a noise in the world of ' Invest Malaysia ' !

Posted by PH_better > 2019-03-18 12:14 | Report Abuse

Undersea Tunnel more important not Penang Island Link(PIL) to overcome Penang Island traffic jam?

Posted by vivabursa > 2019-03-19 09:26 | Report Abuse

city of dream is making money for sure.....city of dream 2 shall launch first as reported...tunnel can be latter

Posted by shareking1 > 2019-03-19 09:27 | Report Abuse

Today turn ---Opcom, Eden, thriven, ewein, all up

Posted by MIDF > 2019-03-19 15:07 | Report Abuse

PH counters no IBs' want to cover? Kesian lo.