ECO WORLD DEVELOPMENT GROUP BERHAD

KLSE (MYR): ECOWLD (8206)

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Last Price

1.75

Today's Change

-0.02 (1.13%)

Day's Change

1.74 - 1.80

Trading Volume

3,552,000


24 people like this.

18,587 comment(s). Last comment by Aati99 19 hours ago

Old90

686 posts

Posted by Old90 > 2016-02-14 19:52 | Report Abuse

Recommend, any low is good to buy and definitely it will break above 1.600 in the coming future.

Old90

686 posts

Posted by Old90 > 2016-02-15 13:10 | Report Abuse

#全家福 #全加福 #全佳福 – HAPPY CNY 2016 WITH ECOWORLD
https://www.youtube.com/watch?v=rhTrlso5my4

gankc2011

103 posts

Posted by gankc2011 > 2016-02-15 22:12 | Report Abuse

It will go up in share price in the future because of sound management and project launches concept. Basically, these company create values in their product for its customers.

chengfeng

21 posts

Posted by chengfeng > 2016-02-16 10:53 | Report Abuse

Then now why ppl keep selling?

Old90

686 posts

Posted by Old90 > 2016-02-16 11:01 | Report Abuse

Stock up and down is normal, got plp sell, sure got plp buy. Although touch a low of 1.240, future for Ecoworld still bright there, rebound will come.

Vin Chuah

843 posts

Posted by Vin Chuah > 2016-02-16 15:22 | Report Abuse

:(

Posted by zhugeliang > 2016-02-16 15:38 | Report Abuse

Hopefully Tan Sri still have the golden finger just like everything his finger touches becomes gold. If not, I got to gooooo

Ming Koay

308 posts

Posted by Ming Koay > 2016-02-16 16:26 | Report Abuse

zhugeliang: problem is he touches his own thing become gold only, hopefully can shine to us only =P

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2016-02-16 20:36 | Report Abuse

Start accumulate this stock ~
Hammered after Hit RM1.24 ~~

vxpoison

1,906 posts

Posted by vxpoison > 2016-02-16 21:03 | Report Abuse

bullish harami then hammered..... should be a reversal sign! Only the MACD is still not convincing.

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2016-02-16 22:27 | Report Abuse

Once tomorrow shoot up...The MACD will change ~
This counter after split ...around RM1.90++
Then drop to RM1.27 ~~
I bought abit RM1.27 ...After saw hammered at RM1.24 ~~
Will prepare another bullet at RM1.00++

jayawin

727 posts

Posted by jayawin > 2016-02-17 07:32 | Report Abuse

Property sector turn negative in year 2016. Not the time to buy in yet.

GTMS

560 posts

Posted by GTMS > 2016-02-17 09:35 | Report Abuse

look at Huayang, ksl, mahsing < 1.2-1.3...

GoldenShares

3,538 posts

Posted by GoldenShares > 2016-02-17 10:07 | Report Abuse

prefer wait n see, :)

limayseng

2,076 posts

Posted by limayseng > 2016-02-17 10:25 | Report Abuse

Rather Expensive property n very hard to sell esp for Eco .... very few can afford...

GTMS

560 posts

Posted by GTMS > 2016-02-18 09:11 | Report Abuse

RM >800k at JB Eco Palladium

nabeh

54 posts

Posted by nabeh > 2016-02-18 10:50 | Report Abuse

still very high PE

Old90

686 posts

Posted by Old90 > 2016-02-18 11:56 | Report Abuse

Patience, rebound soon.

red_85

1,259 posts

Posted by red_85 > 2016-02-18 12:09 | Report Abuse

Sell 129

Old90

686 posts

Posted by Old90 > 2016-02-18 12:41 | Report Abuse

Going to re-test level of 1.300 and above. Breakup above 1.330 - 1.340 will show upside incoming.

Ming Koay

308 posts

Posted by Ming Koay > 2016-02-18 15:23 | Report Abuse

1.29-1.3.. CANNOT PASS

Old90

686 posts

Posted by Old90 > 2016-02-18 16:00 | Report Abuse

No worry, will pass through above 1.300..

Old90

686 posts

Posted by Old90 > 2016-02-19 10:35 | Report Abuse

Daily Market Update - 19 Feb 2016 (TDM, ECOWRD, COCOLND)
http://klse.i3investor.com/blogs/trading_idea/91501.jsp
ECOWLD (8206): Monitor for a breakout above the RM1.34 resistance level. TP: RM1.50-RM1.67. SL: RM1.24.
Source: M+ Online

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2016-02-19 11:24 | Report Abuse

I will put a sell at RM1.50 ~ :)

Old90

686 posts

Posted by Old90 > 2016-02-19 11:37 | Report Abuse

Technical wise is looking good now, uptrend.

labu83

2,565 posts

Posted by labu83 > 2016-02-19 16:47 | Report Abuse

start today,come on baby

Old90

686 posts

Posted by Old90 > 2016-02-19 16:55 | Report Abuse

Is a BUY CALL, don't miss it out.

labu83

2,565 posts

Posted by labu83 > 2016-02-19 17:30 | Report Abuse

Many counter properties start very good ,next...more excited,March big project mrt announce,good start monitor when a cheap,Pra rally Sarawak will come

labu83

2,565 posts

Posted by labu83 > 2016-02-21 12:58 | Report Abuse

Sale apartment in semenyih now,hot n hottest,

Old90

686 posts

Posted by Old90 > 2016-02-22 09:09 | Report Abuse

Gonna breakout resistance level soon.

Vin Chuah

843 posts

Posted by Vin Chuah > 2016-02-22 10:53 | Report Abuse

ecoworld not good as previous,maybe cox of poor econ and market,hope it can show it strong power

Old90

686 posts

Posted by Old90 > 2016-02-22 15:35 | Report Abuse

Efp dumping EcoW shares(3 days), break down below 1.300, doesn't look good at all. 1.340 - 1.350 resistance level seem hard to breakthrough, need more time.

Vin Chuah

843 posts

Posted by Vin Chuah > 2016-02-22 15:40 | Report Abuse

epf disturbing here!

labu83

2,565 posts

Posted by labu83 > 2016-02-22 16:19 | Report Abuse

Yup accumulate now ,,if pass 1.34,the good rally come back

Old90

686 posts

Posted by Old90 > 2016-02-22 17:01 | Report Abuse

Breakout 1.340(Positive signal) , 1.290-1.310(Side Way signal) , Breakdown below 1.270-1.260-1.250 (Danger Zone).

labu83

2,565 posts

Posted by labu83 > 2016-02-22 17:24 | Report Abuse

Be patient,now volatile,

Posted by shazali6609 > 2016-02-22 17:25 | Report Abuse

switch all to KSL which going to boom...same properties counter, KSL has better future

labu83

2,565 posts

Posted by labu83 > 2016-02-22 21:37 | Report Abuse

My target Ecoworld n mahsing good of performance,price very Low n potentially boom,sale in property expected huge especially in 4rd quarter 2015,what do you think?if tecnical price are cheap n safely n not risky than last year,now Dow jon start climb uptrend,oil up,every year month in October n March very Favourite glc counter to be start climb ,this year election Sarawak ,more fantastic ,good2 news in sentiment market always good,everything up n up until 1 month before elections,hear in month will give contractor MRT project,now property n construction start receive project ,please research n catch buy,hurmm

labu83

2,565 posts

Posted by labu83 > 2016-02-22 22:38 | Report Abuse

Eco majestic, semenyih,hottest booking

Old90

686 posts

Posted by Old90 > 2016-02-25 15:48 | Report Abuse

Waiting miracle to happen. Hopefully it won't go too low too far.

labu83

2,565 posts

Posted by labu83 > 2016-02-25 19:53 | Report Abuse

Don't worry,month March will start,anytime big volume will come,still collecting mode,waiting good news project n price will climb,

Posted by DarkLord0411 > 2016-02-25 21:49 | Report Abuse

recently no good news to push up the price

labu83

2,565 posts

Posted by labu83 > 2016-02-25 23:43 | Report Abuse

Meeting in March,maybe good news Lor before meeting pushing up price,just patient,price just volatile from 1.2-1.3,buy keep n hold,1 month only

Old90

686 posts

Posted by Old90 > 2016-02-26 16:26 | Report Abuse

Back on to 1.300, Breakout 1.330 - 1.340 will show more upside. Patience needed.

Old90

686 posts

Posted by Old90 > 2016-02-26 16:30 | Report Abuse

Ecoworld next Consolidated results for the financial period ended 31/1/2016 should be on about 19 March 2016.

Old90

686 posts

Posted by Old90 > 2016-02-26 16:35 | Report Abuse

Expect the coming QR will beat the previous QR (Revenue 158,027 / Earn 3,059)

labu83

2,565 posts

Posted by labu83 > 2016-02-26 19:53 | Report Abuse

Hear beat qr,mahsing n Ecoworld,likely surprise win

cmLai

494 posts

Posted by cmLai > 2016-02-27 11:19 | Report Abuse

EPF start to Acquired again

etmeng888

22 posts

Posted by etmeng888 > 2016-02-27 19:30 | Report Abuse

Who will go for the meeting?

labu83

2,565 posts

Posted by labu83 > 2016-02-27 22:59 | Report Abuse

EcoWorld: RM1.1 Billion for 2,198.4 acres of land in Kuala Selangor

Sometimes, some land deals would surprise me. Reported in The Star, this one surprised me tremendously. EcoWorld has proposed to buy 2,198.4 acres of land in Kuala Selangor for RM1.181 Billion for a mixed eco township with a gross development value (GDV) of about RM15bil. This is approximately RM12.33 per sq ft. According to EcoWorld, this price is at a discount of 0.7 percent versus the value of the lands. Overall land cost vs GDV is thus at 7.9 percent, considered low but do note that this depends on the final GDV number which can change depending on the type of developments and relevant economic circumstances.

Some planned developments include 1,400 acres of mixed eco township development to be known as “Eco Gardens” consisting mainly landed and high rise residential homes. There would also be a 518 acres of integrated gated industrial hub to be known as Eco Business Park V. Another 280 acres would be for Laman Indah which is an affordable homes project. The estimated RM15 Billion GDV will be for a development period of 15 years. This piece of land is approximately 45km from Kuala Lumpur city centre, 40km from Petaling Jaya city centre and 18km from Sungai Buloh town centre.

This purchase would be undertaken by its unit, Paragon Pinnacle Sdn Bhd (PPSB). The deposit for this acquisition would be funded by internal funds while the balance deposit and balance sum will be funded through a combination of internal fund, bank borrowings and/or equity funding. EcoWorld also said that its management intends to acquire this sizeable piece of strategic land without over-extending its balance sheet. Thus, it would be inviting “like-minded” institutional, private equity, corporate partners to co-invest and fund PPSB. This would of course reduce EcoWorld’s stake in PPSB but it will maintain a minimum of 30 percent equity to ensure the group continues to enjoy a meaningful share of the development profits. This deal is expected to be completed by the second quarter of 2016.

Latest Update: Reported in The Edge. This acquisition may face some problems after the Mentor Besar Incorporated Selangor (MBI) said that one tract; the 14 pieces of land that EcoWorld is acquiring from Mujur Zaman Sdn Bhd (MZSB) are currently involved in an ongoing legal case.

Land acquisition of this size is never easy and development of this scale is likely to garner huge attention as it is being undertaken by one of the largest developers in Malaysia. I support this development because this is going to extend the availability and location choices into a much wider choice. I think it will benefit the market, especially those who are okay to stay slightly further away and driving instead. Anyway, the distance of Klang into KL city centre, as per Google Map is already at least 40km. I have many colleagues who are driving from Klang to office everyday. My office is in downtown KL. Yes, would love to drop by when the deal has materialised. Happy waiting.

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