ECO WORLD DEVELOPMENT GROUP BERHAD

KLSE (MYR): ECOWLD (8206)

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Last Price

1.29

Today's Change

-0.01 (0.77%)

Day's Change

1.25 - 1.30

Trading Volume

4,524,600


24 people like this.

18,559 comment(s). Last comment by Aati99 4 days ago

Posted by damansaraeagle > 2022-01-20 07:33 | Report Abuse

KUALA LUMPUR (Jan 17): Eco World Development Group Bhd (EcoWorld) has proposed a bonus issue in the form of one warrant for every five existing shares.

In a bourse filing, the property developer said it plans to issue between 588.87 million and 693.95 million warrants on a date to be announced later. The exercise price of the warrants will also be determined later.

EcoWorld expects to raise gross proceeds of between RM606.5 million and RM714.8 million based on an indicative exercise price of RM1.03 and assuming full exercise of the warrants.

Posted by damansaraeagle > 2022-01-20 07:34 | Report Abuse

"Such proceeds if raised [as and when the new warrants are exercised], shall be utilised as working capital to fund the day-to-day operations of the group, amongst others, staff related expenses, and overheads and administrative expenses such as accounting related fees, utilities and office related costs," it said.

The exercise is expected to be completed by the first half of 2022, said EcoWorld.

EcoWorld's share price closed up 1.5 sen or 1.72% to 88.5 sen, giving the group a market capitalisation of RM2.61 billion.

Posted by HuatlaiOnglai > 2022-01-20 11:48 | Report Abuse

give ang pow to major shareholder la. Today share price pancut.

Mrcool

39 posts

Posted by Mrcool > 2022-01-20 11:52 | Report Abuse

Mak sudah naik..wa x naik2..lancau la ni company

Brutus

288 posts

Posted by Brutus > 2022-01-20 12:55 | Report Abuse

@Mrcool, their WA is priced too high the exercise price. It will be a while before there are any movements.

hassim05

125 posts

Posted by hassim05 > 2022-01-20 14:29 | Report Abuse

WA expired in 26/03/2022.

hassim05

125 posts

Posted by hassim05 > 2022-01-20 14:31 | Report Abuse

harap2 ada bermurah hati nk goreng b4 die..

Posted by birkincollector > 2022-01-20 15:09 | Report Abuse

goreng because lalaport? lol

hassim05

125 posts

Posted by hassim05 > 2022-01-20 15:54 | Report Abuse

here we goo..

Brutus

288 posts

Posted by Brutus > 2022-01-20 17:41 | Report Abuse

@hassim05, ECOWLD management maybe learnt their lesson. Set the warrant price to high last time around. End up nobody will convert to mother share whe expiry, lose the fundraising opportunity.
This round they set the "indicative" exercise price to be (in my opinion) more realistic and should be rewarding to existing shareholders.

Johnt299

167 posts

Posted by Johnt299 > 2022-01-21 08:45 | Report Abuse

flying to the moon...wu~~~~~
EWINT!!!!!!

Gain83

31 posts

Posted by Gain83 > 2022-02-09 12:49 | Report Abuse

快突破1块吧。。。

Brutus

288 posts

Posted by Brutus > 2022-02-09 18:56 | Report Abuse

Bonus Issue of Free Warrants approved by BURSA already. Now just need to know the expiry date and exercise price.

pathfinder

374 posts

Posted by pathfinder > 2022-02-10 12:21 | Report Abuse

WB will be worth something if the strike price is priced < RM1.20.

Brutus

288 posts

Posted by Brutus > 2022-02-14 20:06 | Report Abuse

@pathfinder, saw in the report that the indicative price of WB will be 1.03.

IMIIMI

40 posts

Posted by IMIIMI > 2022-02-18 12:02 | Report Abuse

Pity to see the trading chart these few days, lot of "chartist" keep using chart to estimate the buying and selling point. But they don't even know their intention already being monitored by big acc traders...Those experience traders are few steps ahead of your premature chart....

Posted by wallstreetrookie > 2022-02-18 15:55 | Report Abuse

Stocks do not care about your feelings

Posted by wallstreetrookie > 2022-02-18 16:04 | Report Abuse

I wouldn't buy Ecoworld until the next earnings. Sell on green. Company is bloated with debt and "speculators". I don't know about their growth prospects apart from more projects and grants. The risk remains since most of the insider trading happens in property stocks. No investor is fond of that, right?

Posted by wallstreetrookie > 2022-02-18 16:05 | Report Abuse

RM0.80 to RM1.03 is already really good performance. Congrats also to Maybank analyst for winning The Edge Best Call 2021

Mrcool

39 posts

Posted by Mrcool > 2022-02-18 16:56 | Report Abuse

Y son not move

IMIIMI

40 posts

Posted by IMIIMI > 2022-02-18 17:40 | Report Abuse

I bought @0.46 after spoke to their sales office head and also few of my future neighbors who are signing spa same batch with me in May 2021, and keep until now. Nowadays many young boy call themselves trader and chartist, aim for short term trade, ended up buying high selling low. Because by relying on chart, you are part of the equation in fund house analysis.

IMIIMI

40 posts

Posted by IMIIMI > 2022-02-18 17:43 | Report Abuse

Thanks to eco world, my renovation budget become double, hahahaha

Posted by wallstreetrookie > 2022-02-19 23:57 | Report Abuse

Lol. I promoted this stock since early 2021

Also, buying after speaking to their sales office head.

Congrats, you just committed insider trading by trading based on material non-public information

Your issue is: You assume most people on i3 have no knowledge of macroeconomic trends by artificially inflating the number of technical investors. Knock yourself off hubris and ignorance. You’re not special.

Also, you just bought IOICorp? You’re so early, congrats. Read with sarcasm.

IMIIMI

40 posts

Posted by IMIIMI > 2022-02-20 10:12 | Report Abuse

Wah even ioi u also wan to mention here==....With people like you, I m more happy to put disclaimer I 'btc/boh tak chek', never study in school before. But I learn one sentence from pasar las time "Siapa yang makan cili, dia rasa pedas la" hahahaha

IMIIMI

40 posts

Posted by IMIIMI > 2022-02-20 10:17 | Report Abuse

And one more thing, don't simply copy the context of terms without understanding on it's meaning, learn what are the elements to constitute insider trading before try to show off. Otherwise just turn uself into laughing stock in front peoples, especially in public forum, lol

Johnt299

167 posts

Posted by Johnt299 > 2022-02-21 10:32 | Report Abuse

dont say I bojio you EWINT

Posted by bclassinvest > 2022-02-21 11:12 | Report Abuse

Gogogo.....huat ah!

Johnt299

167 posts

Posted by Johnt299 > 2022-02-21 14:32 | Report Abuse

give EWINT 1.20 this April

Johnt299

167 posts

Posted by Johnt299 > 2022-02-21 14:49 | Report Abuse

anyone masuk?

jonathan_k

159 posts

Posted by jonathan_k > 2022-02-23 14:58 | Report Abuse

Bonus warrant worrrr

Brutus

288 posts

Posted by Brutus > 2022-02-23 15:15 | Report Abuse

Extracted from their latest AR "Future Revenue remains high at RM3.5 billion as at 31 October 2021 which continues to provide both
earnings visibility and cashflow certainty going forward".

Meaning to say FY22 the earnings visibility is there, barring any surprises in unexpected cost, their EPS is quite predictable.

Posted by macamyesman > 2022-02-25 16:46 | Report Abuse

this company not steady. Management seems playing with the investor only

yongch

1,104 posts

Posted by yongch > 2022-02-28 09:42 | Report Abuse

Hahaha...今谢谢避兰东佬派发新年红包已进账,开始卖出咯!kikiki...跌回1.0,tp 0.99!

Johnt299

167 posts

Posted by Johnt299 > 2022-02-28 16:00 | Report Abuse

EWINT 还行吗???

Mark Goh

46 posts

Posted by Mark Goh > 2022-03-03 12:18 | Report Abuse

Want to compare the valuation of this stock versus its peers?
LVI: Property Sector Price to EPS Peer Comparison
https://klse.i3investor.com/web/blog/detail/VIE/2022-03-03-story-h1599410359-LVI_Property_Sector_Price_to_EPS_Peer_Comparison

jason007

210 posts

Posted by jason007 > 2022-03-07 12:15 | Report Abuse

sell ?

Mrcool

39 posts

Posted by Mrcool > 2022-03-07 18:57 | Report Abuse

This counter wa...lanjio..

ringlife

114 posts

Posted by ringlife > 2022-03-08 16:44 | Report Abuse

what is happening?

Posted by HuatHuat188 > 2022-03-10 15:43 | Report Abuse

all other construction property up except this drop few day

Posted by macamyesman > 2022-03-10 20:00 | Report Abuse

Ecoworld if cannot pickup again. Retails will be bery disappointed

Posted by HuatHuat188 > 2022-03-15 15:23 | Report Abuse

everyday down apa lu mau

Posted by wallstreetrookie > 2022-03-17 13:52 | Report Abuse

Eco World missed earnings.
Should be downgraded

Posted by wallstreetrookie > 2022-03-17 13:52 | Report Abuse

Time to short Ecoworld

Posted by wallstreetrookie > 2022-03-17 13:53 | Report Abuse

Property Development:
1. When things go well, they make enough money to cover the costs
2. When things so south, they lose money
It is the second worst investment apart from airlines

Brutus

288 posts

Posted by Brutus > 2022-03-17 13:56 | Report Abuse

Great start to FY22Q1 results! Just hoped that ECOWLD management is generous for FY22 dividends as what they did in FY21. On to FY22Q2 in 3 more months time. Mean while will patiently wait for their AGM and Free Warrants.

Havefun

358 posts

Posted by Havefun > 2022-03-18 07:49 | Report Abuse

Why Q1 reports 4 months instead of 3? Is the result really good?

Collin59

41 posts

Posted by Collin59 > 2022-03-18 12:39 | Report Abuse

property rebound soon

Collin59

41 posts

Posted by Collin59 > 2022-03-18 12:40 | Report Abuse

all sector will hit up

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