ECO WORLD DEVELOPMENT GROUP BERHAD

KLSE (MYR): ECOWLD (8206)

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Last Price

0.645

Today's Change

+0.005 (0.78%)

Day's Change

0.625 - 0.645

Trading Volume

5,302,800


24 people like this.

18,409 comment(s). Last comment by gbt_9428 5 hours ago

abcd11111

306 posts

Posted by abcd11111 > 1 month ago |

Post removed.Why?

Awence

24 posts

Posted by Awence > 1 month ago | Report Abuse

Hongpleong which holds 25% is selling off.. Reason :internal restructuring.... Wondering...

pathfinder

369 posts

Posted by pathfinder > 1 month ago | Report Abuse

Volume is too low to accommodate a big fish like that.

dragonz98

42 posts

Posted by dragonz98 > 1 month ago | Report Abuse

@Awence
Internal restructuring just left to right hand. No selling off.

GLL EWI (HK) LIMIT still hold 648,000,000 27.00% of EWINT (5283)

dragonz98

42 posts

Posted by dragonz98 > 1 month ago | Report Abuse

https://www.theedgemarkets.com/article/hong-leong-group-moves-27-stake...

Hong Leong group moves 27% stake in Eco World International from flagship company in restructuring exercise

Posted by SomaCruz89 > 1 month ago | Report Abuse

This is last year's news. Outdated

awesome20

1,062 posts

Posted by awesome20 > 1 month ago | Report Abuse

old but got new rumor

Awence

24 posts

Posted by Awence > 1 month ago | Report Abuse

Low volume that triggers such a huge decline..... Wondering... Wondering... Wondering

Posted by Jonathan Keung > 1 month ago | Report Abuse

Yup. No volume yet the price drop like a shit. Possibilities of force sale by banks on the owners shares pledged with them. ordinary shareholders will not sell when the company at this low price. Most property needs financing for their development

Posted by wallstreetrookie > 1 month ago | Report Abuse

Ecoworld is the easiest short on Bursa right now. Biggest market opportunity on KLSE 2022
Interest rate hikes will hurt property development companies the most. No more free money to keep building useless buildings

Posted by wallstreetrookie > 1 month ago | Report Abuse

RM0.50 price target

pathfinder

369 posts

Posted by pathfinder > 1 month ago | Report Abuse

I don't think that interest hike of 0.25% or even 0.5% should have caused such a fall. The end effect is a reduction in net profit of only RM2700 million debt x 0.25% x 0.7 = RM4.7 million a year. This is insignificant and immaterial compared to the annual profits of 180 million in 2021.

1pingpong

95 posts

Posted by 1pingpong > 1 month ago | Report Abuse

another interest hike will come before year end. mau drop again ah....0.50 kua ini macam

imvu

5,544 posts

Posted by imvu > 1 month ago | Report Abuse

oh no ?

Posted by prudentinvestor > 1 month ago | Report Abuse

Has been dropping for almost two months now. Looks like it still hasn't reached the bottom yet but should be quite safe to invest at this level.

Havefun

289 posts

Posted by Havefun > 1 month ago | Report Abuse

Is it due to the bonus issue?

tts752

52 posts

Posted by tts752 > 1 month ago | Report Abuse

what happening?

1pingpong

95 posts

Posted by 1pingpong > 1 month ago | Report Abuse

pls drop further to 0.55 range... my basketses waiting for you

carimakan

2,433 posts

Posted by carimakan > 1 month ago | Report Abuse

aiyoo boleh smp 0.55 sen ka? pengsan ini maciam.

Posted by prudentinvestor > 1 month ago | Report Abuse

It didn't drop below 70 sen recently, hopefully it has bottomed out and en route to recovery. Hopefully I am right.

pathfinder

369 posts

Posted by pathfinder > 1 month ago | Report Abuse

prudentinvestor is probably right.

Legend

4,008 posts

Posted by Legend > 1 month ago | Report Abuse

Sapu la...apa tunggu.

Legend

4,008 posts

Posted by Legend > 1 month ago | Report Abuse

Hijau yang cantik

Posted by wallstreetrookie > 4 weeks ago | Report Abuse

Ecoworld price target: RM0.30
Interest rate hike will impact property development company the MOST. No exception. Even 0.01bps hike will severely damage Ecoworld's profit margins. Whoever is optimistic on this company is insane

Posted by wallstreetrookie > 4 weeks ago | Report Abuse

Sell it all. Don't fall in love with a stock. Sell. It. All.

Posted by wallstreetrookie > 4 weeks ago | Report Abuse

Sell before insiders dump more. Don't let them dump their shares on you. Let it free fall. Institutions will keep creating fake bear rally and bounces to entice dip-buyers. Sell. It. All.

Posted by wallstreetrookie > 4 weeks ago | Report Abuse

Short-sell

RWG

374 posts

Posted by RWG > 3 weeks ago | Report Abuse

ringgit drop, many foreigner will buy house in msia

Posted by investor001 > 3 weeks ago | Report Abuse

The upcoming quarterly report is expected to be good. If the company can earn at least 60 million and announce at least 2 sen dividend, the share price will be on uptrend again.

Havefun

289 posts

Posted by Havefun > 3 weeks ago | Report Abuse

Can any kind soul there enlighten me how the bonus issue warrant work? I am so confused.

Brutus

203 posts

Posted by Brutus > 2 weeks ago | Report Abuse

Solid QR! Thank you for the generous dividend!

Posted by prudentinvestor > 2 weeks ago | Report Abuse

If Ecoworld can maintain its earnings in the final two quarters and declare another 2 sen as final dividend, it is trading at a prospective PE of around 10 and a dividend yield of almost 6%. What more do investors expect?

Brutus

203 posts

Posted by Brutus > 2 weeks ago | Report Abuse

@Havefun, the Free Warrants are given to eligible shareholder the right but not the obligation to exercise the warrant into mothershare @ RM 1.16 per share within the 7 year's time frame.

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Bad earnings

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Ecoworld Maintain Underweight
Long term price target: RM0.30

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

Bank Negara will raise another 50bps in July

BILLC

1,680 posts

Posted by BILLC > 2 weeks ago | Report Abuse

30 sen impossible,,,,,40 sen maybe,,.,

Posted by wallstreetrookie > 2 weeks ago | Report Abuse

30 cent is possible

Posted by prudentinvestor > 2 weeks ago | Report Abuse

Short 1 million Ecoworld shares now. If it drops to 30 sen, you get a Mercedes for free. Why are you still waiting?

Posted by samyipwl > 1 week ago | Report Abuse

Company performance is acceptable in this QR. Property should be picking up slowly until 2023. If dividend remains at 2c every qtr, I guess is a good buy at this rate even if the gearing ratio is not too convincing. Cheers!

Brutus

203 posts

Posted by Brutus > 1 week ago | Report Abuse

@samyipwl, ECOWLD dividend (if any) is half yearly, not quarterly payout.

Posted by samyipwl > 5 days ago | Report Abuse

@brutus. Sorry my bad. Happy investing

Brutus

203 posts

Posted by Brutus > 5 days ago | Report Abuse

@samyipwl, no worries, though I do wished it was 0.02 every quarter....lol

Posted by wallstreetrookie > 1 day ago | Report Abuse

Ecoworld Maintain Underweight
With a medium target of RM0.30

Posted by wallstreetrookie > 1 day ago | Report Abuse

Sell it all

RWG

374 posts

Posted by RWG > 1 day ago | Report Abuse

wait for 40sen

Posted by investor001 > 1 day ago | Report Abuse

Bank Negara will most likely increase the OPR by 25 basis points.

This is still acceptable.

gbt_9428

106 posts

Posted by gbt_9428 > 5 hours ago | Report Abuse

good price for collection

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