ECO WORLD DEVELOPMENT GROUP BERHAD

KLSE (MYR): ECOWLD (8206)

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Last Price

0.675

Today's Change

+0.005 (0.75%)

Day's Change

0.665 - 0.685

Trading Volume

8,537,800


24 people like this.

18,418 comment(s). Last comment by rajachulan 3 weeks ago

imvu

5,960 posts

Posted by imvu > 2022-04-29 17:12 | Report Abuse

ecowld-wb sudah buat penampakan candle hijau hari ni , adakah akan buat hari ni hijau , besok hijau , hari hari hijau ?

Posted by wallstreetrookie > 2022-05-06 21:51 | Report Abuse

Short Ecoworld

Posted by wallstreetrookie > 2022-05-06 21:51 | Report Abuse

Property companies require no talent to manage.

awesome20

1,074 posts

Posted by awesome20 > 2022-05-10 19:38 | Report Abuse

1.00 soon

ringlife

114 posts

Posted by ringlife > 2022-05-12 09:19 | Report Abuse

going up soon. get ready

padanggrus

161 posts

Posted by padanggrus > 2022-05-12 16:09 | Report Abuse

what happens ?

Posted by prudentinvestor > 2022-05-12 16:22 | Report Abuse

Company still made 2.15 sen a share in the latest quarter but share price has plunged to the lowest in more than half a year. Something is wrong somewhere.

Posted by prudentinvestor > 2 months ago | Report Abuse

Sentiment seems to have changed overnight. Still no support. May fall below 70 sen.

abcd11111

306 posts

Posted by abcd11111 > 2 months ago |

Post removed.Why?

Awence

24 posts

Posted by Awence > 2 months ago | Report Abuse

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

pathfinder

369 posts

Posted by pathfinder > 2 months ago | Report Abuse

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

dragonz98

45 posts

Posted by dragonz98 > 2 months 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

45 posts

Posted by dragonz98 > 2 months 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

awesome20

1,074 posts

Posted by awesome20 > 2 months ago | Report Abuse

old but got new rumor

pathfinder

369 posts

Posted by pathfinder > 2 months ago | Report Abuse

Its also the wrong company. If you look at Ecoworld international's price, it hasn't fallen much. The slide started on the day BNM increased rates by 0.25%. I note that the fall was in relatively low volume and there were no significant high volume before that. Whatever the reason is, I hope that it will turnaround soon.

Awence

24 posts

Posted by Awence > 2 months ago | Report Abuse

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

Posted by Jonathan Keung > 2 months 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 > 2 months 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 > 2 months ago | Report Abuse

RM0.50 price target

pathfinder

369 posts

Posted by pathfinder > 2 months 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

104 posts

Posted by 1pingpong > 2 months ago | Report Abuse

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

Posted by wallstreetrookie > 2 months ago | Report Abuse

Short Ecoworld

imvu

5,960 posts

Posted by imvu > 2 months ago | Report Abuse

oh no ?

Posted by prudentinvestor > 2 months 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

292 posts

Posted by Havefun > 2 months ago | Report Abuse

Is it due to the bonus issue?

tts752

52 posts

Posted by tts752 > 2 months ago | Report Abuse

what happening?

1pingpong

104 posts

Posted by 1pingpong > 2 months ago | Report Abuse

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

carimakan

2,442 posts

Posted by carimakan > 2 months ago | Report Abuse

aiyoo boleh smp 0.55 sen ka? pengsan ini maciam.

Posted by prudentinvestor > 2 months 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 > 2 months ago | Report Abuse

prudentinvestor is probably right.

Legend

4,043 posts

Posted by Legend > 2 months ago | Report Abuse

Sapu la...apa tunggu.

Legend

4,043 posts

Posted by Legend > 2 months ago | Report Abuse

Hijau yang cantik

Posted by wallstreetrookie > 2 months 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 > 2 months ago | Report Abuse

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

Posted by wallstreetrookie > 2 months 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 > 2 months ago | Report Abuse

Short-sell

RWG

436 posts

Posted by RWG > 2 months ago | Report Abuse

ringgit drop, many foreigner will buy house in msia

Posted by investor001 > 2 months 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

292 posts

Posted by Havefun > 2 months 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 > 1 month ago | Report Abuse

Solid QR! Thank you for the generous dividend!

Posted by prudentinvestor > 1 month 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 > 1 month 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 > 1 month ago | Report Abuse

Bad earnings

Posted by wallstreetrookie > 1 month ago | Report Abuse

Ecoworld Maintain Underweight
Long term price target: RM0.30

Posted by wallstreetrookie > 1 month ago | Report Abuse

Bank Negara will raise another 50bps in July

BILLC

1,695 posts

Posted by BILLC > 1 month ago | Report Abuse

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

Posted by wallstreetrookie > 1 month ago | Report Abuse

30 cent is possible

Posted by prudentinvestor > 1 month 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?

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