Posted by tewnama > 2014-05-22 16:28 | Report Abuse

tiiiinggg! naik 26 sen. 5.09 sekarang

Posted by zoomboom > 2014-05-22 17:14 | Report Abuse

Suei suei! Clapclapclap..... This is becoming another beautiful goose.....

Posted by bullrun_star > 2014-05-22 18:52 | Report Abuse

announcement soon ka?

Posted by matrix6050 > 2014-05-22 18:53 | Report Abuse

cantik~!

Posted by The One > 2014-05-22 20:04 | Report Abuse

Ya.. very the cantik.. http://www.theedgemalaysia.com/business-news/290876-ecoworld-2q-net-profits-fall-61-yoy-to-rm257m.html

Posted by kingdomtan888 > 2014-05-22 20:10 | Report Abuse

Nowadays gt to be bkful
Operators will jack up the price before they release their result
To catch retailers....

Posted by koyak71 > 2014-05-22 20:12 | Report Abuse

Tomolo jatuh kaw kaw la ecoworld...sudah jadi ekorwoi

Posted by kingdomtan888 > 2014-05-22 20:19 | Report Abuse

Haha
Same as ur nick name
Koyak.
Kekekkekekekenekke

But investors shld be fine, contra kaki sure habis

Posted by saddiqsepakraga > 2014-05-22 20:21 | Report Abuse

hahaha....sungguh cantik ....keuntungan merudum 61%....!!!

Posted by saddiqsepakraga > 2014-05-22 20:22 | Report Abuse

tinggggg......esok koyaking ?!!

Posted by nallayak > 2014-05-22 20:26 | Report Abuse

very soon red when hasil come knocking why so much profit projection no bayar cukai

Posted by steady > 2014-05-22 20:28 | Report Abuse

i want the warrant only

Posted by kingdomtan888 > 2014-05-22 20:31 | Report Abuse

Cheater will be coming out to buat cerita soon
Kekekkekekkeke

Posted by maxlim > 2014-05-22 21:01 | Report Abuse

profit drop 61% compare to last quarter n some more giving so high tp not kon ppl then call what

Posted by datasonic > 2014-05-22 22:09 | Report Abuse

I still hold this counter... Who can make magic

Posted by datasonic > 2014-05-22 22:10 | Report Abuse

Magic magic Mali Mali home

Posted by Ring > 2014-05-22 22:43 | Report Abuse

Eco World Development - A new property bellwether
Date: 22/05/2014

Source : MAYBANK
Stock : ECOWLD Price Target : 6.40 | Price Call : BUY
Last Price : 5.10 | Upside/Downside : +1.30 (25.49%)

Back

Initiating coverage with a BUY and MYR6.40 TP (0.84x P/RNAV). We see the rise of a new property bellwether.

Led by former SP Setia staff, this superior management team is set to replicate SP Setia’s success in ECW.

Our TP suggests a 32% capital upside. Further catalysts are RNAV-accretive land acquisitions.

What’s New
With the acquisition of development rights for viable landbank and property development projects, ECW is emerging as the new bellwether in the property space. The acquisition and future working capital will be funded by new shares issue to EWSB’s major shareholders, rights issue with free warrants and a private placement of new shares. ECW will undertake a 1-into-2 share split prior to the acquisition and fund raising exercises. The corporate exercises are expected to be completed by 3Q14.

What’s Our View
We see another “SP Setia” in the making and believe the same success formula will be replicated in ECW. In less than two years, the management team has managed to accumulate 3,107 acres of land throughout major cities in Malaysia (Klang Valley, Penang, Johor). Tan Sri Liew Kee Sin, the former CEO of SP Setia has joined ECW as a non-independent non–executive director on 5 May 2014.

Our 106% 3-year net profit CAGR (FY13-FY16) forecast is premised on sales assumptions of MYR2.06b in FY10/14 and MYR2.98b in FY10/15. Unbilled sales were MYR1.1b as at Mar 2014.

Our MYR7.62 RNAV estimate has not factored in any further land acquisitions and the private placement. Pegging to 0.84x P/RNAV, our TP for ECW is MYR6.40 (+32% upside; ex-all TP: MY2.47).

Source: Maybank Research - 22 May 2014

Share this

Posted by Lollipot Anison > 2014-05-22 22:46 | Report Abuse

http://www.theedgemalaysia.com/highlights/290883-stocks-to-watch-cimb-ioi-afg-tune-pos-petgas-fima-lafarge-hsl-chinwell-heveaboard-eco-world-hl.html

profit fall 61%

Posted by cheaterecoworld > 2014-05-22 23:31 | Report Abuse

I dunwan say much. Bank is con man. Told before in my comment. Good luck tmr.

Posted by alphajack > 2014-05-22 23:32 | Report Abuse

don't believe tp all la..research analysts in banks often have conflict of interest will some companies..They do sell-side job ma..Smetimes need to promote stocks for the brokerage or funds to make money hehe. One of them is EcoWorld hehe

Posted by datasonic > 2014-05-22 23:32 | Report Abuse

Absolutely Potential counter for next two years

Posted by kingdomtan888 > 2014-05-23 00:07 | Report Abuse

Cheater finally see u here
Kekekkekekekkekekeke

Posted by akmie89 > 2014-05-23 00:12 | Report Abuse

Woah. Could've been 5.1million richer. And not even a year.

Posted by kk123 > 2014-05-23 05:30 | Report Abuse

Is this a company worth so much ? Net profit only 2million qtr , but share worth above 1 billion ..
Defying logic ...

Ecoworld Development Group Bhd's net profit for the second financial quarter ended March 31, 2014, fell 61% to RM2.57 million from RM6.67 million in similar quarter a year ago.

Revenue for the quarter fell to RM26.85 million from RM33.54 million a year ago.

Net profits for the six months fell to RM3.36 million from RM13.31 million a year ago. Cumulative revenue for the six months fell to RM49.47 million from RM68.38 million a year ago.

Posted by cheaterecoworld > 2014-05-23 07:58 | Report Abuse

My prediction tell me got news soon.

Posted by Ring > 2014-05-23 08:38 | Report Abuse

Share split, free warrants n rights issues will to share holders favour but this will be completed in 3Q.. Buy n hold it...happy trading.

Posted by Woi Joon Chong > 2014-05-23 09:59 | Report Abuse

ring, if i buy the share now, it will be split and free warrant to me in 3rd quarter ? right?

Posted by Ring > 2014-05-23 10:41 | Report Abuse

No! ex-date will be announced later... have to wait for announcement.

Posted by Woi Joon Chong > 2014-05-23 11:06 | Report Abuse

thank . ring. i have consulted with my remiser. now i know the situation..

Posted by summer22 > 2014-05-23 11:46 | Report Abuse

price drop...can buy now?

Posted by Woi Joon Chong > 2014-05-23 11:54 | Report Abuse

not, it will drop to 2.80. buy then

Posted by summer22 > 2014-05-23 11:57 | Report Abuse

wah why will drop to 2.80??

Posted by Ring > 2014-05-23 12:27 | Report Abuse

....after share split etc obviously the price will drop @ 2.80, you will still gain by buying say @ 5.00.

Posted by cheaterecoworld > 2014-05-23 12:40 | Report Abuse

Rm5 before split? Big number there. Today sure below rm4. 90

Posted by cheaterecoworld > 2014-05-23 12:42 | Report Abuse

This morning is a show to let people bliff will maintain above 5 then slowly will sell to newbie and syndicate rUn. All is just a show. I predicted all these

Posted by Ring > 2014-05-23 12:49 | Report Abuse

Please dont cause confusion, Summer say may drop to 2.80 without giving reason but my argument even if you buy at 5.00 you still tend to benefit, b4 d split price may hit by Cimb n Public Bank their TP is 8.00... is very high so just buy lah but consider the risks.

Posted by Ring > 2014-05-23 13:42 | Report Abuse

Those buying also dont forget there is rights issue so reserve cash!

Posted by cheeseburger > 2014-05-23 13:48 | Report Abuse

downward pressure due to profit taking

Posted by Woi Joon Chong > 2014-05-23 14:14 | Report Abuse

sorry, i typed wrong. should be 4.80.. hehe

Posted by johnny cash > 2014-05-23 19:28 | Report Abuse

Eco World Development
(ECW MK)
Technical BUY with +14.1% potential return
Last price : RM5.10
Target Price : RM5.82
Support : RM4.84
Stop-loss: RM4.73
BUY with a target price of RM5.82 with stop
loss placed below RM4.73. Following a steep
correction from the recent high of RM5.82,
ECW’s share price has stabilised in the “cloud”
as it established a support level at RM4.50
before recovering gradually. ECW climbed
above both the 10-day and 21-day SMA lines
and broke out above the “cloud” yesterday.
The emergence of fresh buying interest as
seen from yesterday’s higher trading volume of
3.8m shares (vs 20-day average of 1.9m)
signals a genuine breakout as ECW is likely to
resume its uptrend again. Moving forward, we
expect the share price to retest the previous
high of RM5.82 as we peg our near-term target
at a similar level.

Posted by Ring > 2014-05-26 09:57 | Report Abuse

Eco World unveils RM20.8bil projects, read today Starbiz.

Posted by Tsw Wang > 2014-05-27 04:13 | Report Abuse

it's Totally RUBBISH even thought Eco World price
is over value ,definitely it won't drop bellow SP Setia price.

Posted by maxlim > 2014-05-28 08:20 | Report Abuse

Of cause it won't we trust ecoworld they got better management

Posted by git0926 > 2014-05-28 09:51 | Report Abuse

It's dropping oh god

Posted by nallayak > 2014-05-28 11:50 | Report Abuse

Cannot fight the physical mkt, even Setia and UEM got problem selling units now all very dead at sales gallery

Posted by unice > 2014-05-29 11:36 | Report Abuse

look like today buy vol is promising...

Posted by nallayak > 2014-05-29 13:18 | Report Abuse

some develpers still offer dibs by giving 20% discount from selling price

Posted by SS3U > 2014-05-29 15:53 | Report Abuse

Not some but all

Posted by nallayak > 2014-05-29 18:17 | Report Abuse

bumi release 7% levy

Posted by steady > 2014-05-30 11:55 | Report Abuse

any can advise if have 1,000 share of ECOWORLD, how many warrant will has?