ECO WORLD DEVELOPMENT GROUP BERHAD

KLSE (MYR): ECOWLD (8206)

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Last Price

1.69

Today's Change

-0.08 (4.52%)

Day's Change

1.69 - 1.76

Trading Volume

20,017,900


24 people like this.

18,587 comment(s). Last comment by Aati99 2 days ago

Muda Fadli

219 posts

Posted by Muda Fadli > 2014-01-15 16:41 | Report Abuse

kalau turun Rm2 baru masuk balik

Nallayak

928 posts

Posted by Nallayak > 2014-01-15 16:44 | Report Abuse

They nvr bluff now investors fell off cliff with resounding Echo , Eco, Echo, Echo ................

Nallayak

928 posts

Posted by Nallayak > 2014-01-15 16:45 | Report Abuse

TS suddenly realize he no know share, how to inject assets when shr price high, reverse gear lah

Posted by leslieroycarter > 2014-01-15 17:03 | Report Abuse

To me Setia or Eco ? I will choose Setia ...coz it reflects its actual value . Bought fr. TS at 3.90 but now selling at a discount of 292-295...

bluebird

87 posts

Posted by bluebird > 2014-01-15 17:10 | Report Abuse

I'll choose Eco but not at this price & not at the price of listening to The Star !

read more The Star news with all the ass-u-me........really becomes as u & me

Posted by i3investor700 > 2014-01-15 17:11 | Report Abuse

Pasal harga kangkung pun turun ma

Posted by leslieroycarter > 2014-01-15 18:47 | Report Abuse

If Bursa breaks 1800 pts , it will be a different story for all shares!

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-01-15 18:59 | Report Abuse

just 13 percent down only, ppl oledy panic as crazy...

Nallayak

928 posts

Posted by Nallayak > 2014-01-15 19:05 | Report Abuse

TS without DIBS is like birds without wings

Posted by coffeepimple > 2014-01-15 21:09 | Report Abuse

folks, it will only safe when it reachs 3.6 ! stay tuned bro !

Nallayak

928 posts

Posted by Nallayak > 2014-01-15 21:24 | Report Abuse

Play shr like that spoil their gold standard reputation. Now we know they r no different from the rest of CK. Premium as institutional stock more important

bluebird

87 posts

Posted by bluebird > 2014-01-15 22:02 | Report Abuse

How can you be so certain this is their doing?

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-01-15 23:46 | Report Abuse

Tomorrow will fall to below 3.50

Bobby31

585 posts

Posted by Bobby31 > 2014-01-16 04:35 | Report Abuse

major shareholding belongs to shareholder....who else can drop like hot potato ...if leave the price to go higher ...wher got room to grow some more .....even cimb bank share is only RM 7++ ...you telling me Eco is worth more than a Bank ??? Used the logi sense ....Tenaga also can only reach Rm 11++ being the monopoly of Biz and you think eco can be that high....wake up

slts

2,189 posts

Posted by slts > 2014-01-16 06:09 | Report Abuse

u buy on hope because of one famous personality
u buy a PE 50x stock
u deserve to loose ur $$$
suggest u switch to MATRIX, PE < 10x, a cash rich/high dividend stock
to recover ur losses & redeem ur stupidity

chinesetea

1,390 posts

Posted by chinesetea > 2014-01-16 07:19 | Report Abuse

Finally, the respected slts Inari champion that want to buy at 1.3 is here. What wind has blow you here?
Sure good news is coming :-) and you want to buy cheap?

First answering Bobby31 question

1. Can non bank share price higher than bank like CIMB? Yes
You cannot compare by price alone. It depends the number of shares for a counter or in another words whether it is diluted. Check the Par value
CIMB shares is 7.73bn and free float is 6.61b.
Ecoworld shares number is 253.32m and free float is 53.31m
DSonic was another example that reach to RM10 before it splits.
Par value of Ecoworld is RM1 and can be split further.
To make you to understand easier, if ecoworld only issue one share for whole company, what will be the price?


2. Can you buy or sell shares base on a person?
You don't need to look further, just give you two examples,
When Steve Balmer announced his retirement Microsoft shares rise 7%. What do you think about Setia when he leave?
There are plenty more example where share price increase immediately a talented person join the company.
Can share price surge after merger and take over? Plenty of examples, just look at Nokia
Btw, I am not buying based on Liew alone. Plently of previous Setia director is in the company. Without Liew, the Mapple Sdn Berhad have achieved immensely in the past year, not to mention the 200 plus employee that left Setia.


3. Are you buying high PE shares base on hope?
Do you know a stock can have PE 700?
Read this http://www.marketintelligencecenter.com/articles/332886

I am sure more or less people buy shares on hope, otherwise they can buy fixed income instruments like bond. Can we expect more earning from Ecoworld? You only need to look at their sales recently.
The current PE is belong to Focus Aim and haven't taken into account
whatever result of Ecoworld as they have just taken over and only changed the name 3 weeks ago. Focal Aim's result alone has already improved by 300% recently. Am I too ambitious to hope they can improve their share price by 20-40%?

To be honest, I am not sure why people panic. The Dow index dropped heavily on Monday and because Malaysia was on holiday Tuseday and therefore it was just catching up the cough earlier. Last night Dow increase 108 and I am sure most counter will be green today. Good luck, stay calm and watch. If the price drop, I will use it as a opportunity to buy. You have to decide yourself.

Btw, I also invest heavily on Matrix, Brem, MKH and a lot more under value stock.

chinesetea

1,390 posts

Posted by chinesetea > 2014-01-16 07:31 | Report Abuse

Why hlcap price keep rising while other bank shares rarely move. Answer is that their free float share number is very low. It can rise and drop easily. Same applies to ecoworld.

speakup

26,233 posts

Posted by speakup > 2014-01-16 07:32 | Report Abuse

sits, iris PE is 40x. still lower than 50x

winwin

366 posts

Posted by winwin > 2014-01-16 08:57 | Report Abuse

chinesetea, i'm interested to know what are the stocks you attempt to buy or holding now? i will avoid this counter for awhile as profit taking action still going on.

tonylim

4,796 posts

Posted by tonylim > 2014-01-16 08:59 | Report Abuse

.

hotbiz

16 posts

Posted by hotbiz > 2014-01-16 09:20 | Report Abuse

Guys, if you want to preserve your capital, sell now!

ticktock

56 posts

Posted by ticktock > 2014-01-16 09:29 | Report Abuse

don't pick bottom…...

ganasai

1,671 posts

Posted by ganasai > 2014-01-16 09:30 | Report Abuse

hi chinesetea could you explain to me why worth more than 4?

Posted by coffeepimple > 2014-01-16 09:31 | Report Abuse

falling knife ! carefull guys !

Posted by coffeepimple > 2014-01-16 10:11 | Report Abuse

u can only in when it is below 3.6 ! good luck folks !!

Harvard57

495 posts

Posted by Harvard57 > 2014-01-16 10:16 | Report Abuse

all force sell because after reading the Star article and jump in.

asamlaksa

675 posts

Posted by asamlaksa > 2014-01-16 10:17 | Report Abuse

Detox process are about to complete.

Germs, Toxins and bacteria must be thoroughly killed.

The new journey is just about to begin.

Stay aside and get ready to take your position

Harvard57

495 posts

Posted by Harvard57 > 2014-01-16 10:33 | Report Abuse

after force selling, big cats will push for next round of ang pau run !!!

psd57

2,314 posts

Posted by psd57 > 2014-01-16 10:46 | Report Abuse

round 2

aiman168

799 posts

Posted by aiman168 > 2014-01-16 10:49 | Report Abuse

wow

Muda Fadli

219 posts

Posted by Muda Fadli > 2014-01-16 10:50 | Report Abuse

departed...

BBB79

2,689 posts

Posted by BBB79 > 2014-01-16 10:52 | Report Abuse

why this stock up down like that?

ethan106

87 posts

Posted by ethan106 > 2014-01-16 10:56 | Report Abuse

becos tis is ecoworld!!! dun play play

Posted by coffeepimple > 2014-01-16 10:59 | Report Abuse

congratz to those who bought at 3.6 as i said ! now you are safe ! if you bought 10k shares today morning at 3.6 and sell at 4 ! u are earning RM4k today ! congratulation !

invest1818

478 posts

Posted by invest1818 > 2014-01-16 11:06 | Report Abuse

That's how I earn ^^ Assam & chinesetea bros , we are right on track

invest1818

478 posts

Posted by invest1818 > 2014-01-16 11:14 | Report Abuse

Guess many basher of this counter doesn't know the meaning of low free float shares counter benefits. 40cents gain in an hour. Ang pau for CNY thanks Eco.

BBB79

2,689 posts

Posted by BBB79 > 2014-01-16 11:15 | Report Abuse

congratulation...

Nallayak

928 posts

Posted by Nallayak > 2014-01-16 11:39 | Report Abuse

any cornering

Posted by coffeepimple > 2014-01-16 11:40 | Report Abuse

but feel sad for those who bought at 4.5 and sell 4. sorry , it is cruel. however, the is the real world.

BBB79

2,689 posts

Posted by BBB79 > 2014-01-16 11:42 | Report Abuse

how u know people already sell? maybe they keep it on hand...

Harvard57

495 posts

Posted by Harvard57 > 2014-01-16 11:52 | Report Abuse

sold 50 lot@4.03 bought 3.65 this morning
19k profit !!!

jvhuat99

20 posts

Posted by jvhuat99 > 2014-01-16 12:06 | Report Abuse

i hope i can follow yr way...haha

bluebird

87 posts

Posted by bluebird > 2014-01-16 12:08 | Report Abuse

happy too early....swing traders on safe ground already

Chrollo

1,143 posts

Posted by Chrollo > 2014-01-16 12:20 | Report Abuse

This harvard57 looks like the fortunebull hahahaha

tonylim

4,796 posts

Posted by tonylim > 2014-01-16 12:36 | Report Abuse

Shhhhhh

bluebird

87 posts

Posted by bluebird > 2014-01-16 12:38 | Report Abuse

and the sesisir pisang appearing....

Nallayak

928 posts

Posted by Nallayak > 2014-01-16 12:47 | Report Abuse

PNB until now hadn't been able to takeover Public bank as their P/B ratio is the highest, so TS if don't want to be kicked out twice better learn a bit from another TS Teh

bluebird

87 posts

Posted by bluebird > 2014-01-16 12:57 | Report Abuse

how that will prevent the takeover by PNB ?

Livinia

512 posts

Posted by Livinia > 2014-01-16 14:02 | Report Abuse

Sold 50 lots @RM4.02. Bought at RM3.60 this morning. handsome profit. kahkahkah

ethan106

87 posts

Posted by ethan106 > 2014-01-16 14:09 | Report Abuse

bought 50 lots@ 3.60 and i will keep !!!

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