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

messi

1,915 posts

Posted by messi > 2013-09-21 18:31 | Report Abuse

Why UMA ? They already announced share sale agreement :
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1409513

People got burnt cos of greed to make some money.

CityTrader

8,151 posts

Posted by CityTrader > 2013-09-21 20:53 | Report Abuse

agreed with messi.. greed is ok but dont too extremely greed. earn 50% can cabuk liao..

calvintaneng

55,268 posts

Posted by calvintaneng > 2013-09-21 23:42 | Report Abuse

Thank you anbz for checking up on Bursa website regarding PM Corp's proposed Capital Consolidation & Cash Distribution. The general public won't know this piece of news. It was announced by Directors in the Share Holder's AGM in Port Dickson.

On follow up conversation Mr. Ho Chun Fuat (MUI's Public Relation Officer) he only disclosed what is permissible & legal:=

1) IT WILL GO THROUGH. Interpreted it means The Proposed Cash Distribution Will Be On.

2) COMPANY ALSO NEED MONEY. He did not specify whether PM CORP, OR MUI BERHAD OR Tan Sri Datuk Khoo himself need money.

3) PRICE WILL GO UP. With the positive announcement of Share Consolidation the share price is expected to receive positive response from investor. So PM Corp price will go up.

4) As to the amount of money to be distributed, he cannot disclose. Announcement can only be made officially through Bursa KLSE. So there is no scam.

Lim AS

275 posts

Posted by Lim AS > 2013-09-22 12:34 | Report Abuse

Agreed with nallayak that we have too many townships in JB . The present population will never support the many townships built . S'poreans r reserved to put their monies here too due to security reasons . Left only Indons n Banglas where they r most likely not tempted with the millions of RM spent to own a property here . Our Malaysians only in minority may afford the price tags . The second home project may attract some foreigners who r cash rich . Beware what is happening in most major China secondary cities that have been reported ended up as ghost towns ? No buyers n no peoples r coming around ? With the overhanging QE , EU debt crises , US Trillion debts , wars in imminent and currency speculators r abound . Do u still think we will be spared ???? No doubt it will boom but for short term . For long term , will see property as curse?

Lim AS

275 posts

Posted by Lim AS > 2013-09-22 22:12 | Report Abuse

Dows down 15,451.09 -185.46 1.19% ? Do u still think our market will move north ? It will be serious correction when our market touching 1800 pts ? Better hold for a few more days to see the market direction n movement.

Muarmali

1,186 posts

Posted by Muarmali > 2013-09-23 09:12 | Report Abuse

Kuat goreng...low volume. No window. :)))

Muarmali

1,186 posts

Posted by Muarmali > 2013-09-23 09:32 | Report Abuse

It is too risky to play contra at this price.

alexchua

287 posts

Posted by alexchua > 2013-09-23 09:45 | Report Abuse

just goreng . many will come in goreng. haha. kasi kuat kuat

Muarmali

1,186 posts

Posted by Muarmali > 2013-09-23 10:18 | Report Abuse

You can only get tasty kuey teow goreng in Penang. If you send the tukang goreng to KL, he may not be able to produce the same quality of kuey teow. You need right person, right place and right time. I don't think the timing is right for the making of second SP Setia. Johor property market has been grossly overhyped. :)))

ytoh1688

37 posts

Posted by ytoh1688 > 2013-09-23 11:01 | Report Abuse

Eco world has had 2 very successful launch over the weekend. One in KL and One in JB. Both of them are balloted and available units all picked up. This should bode well for Focal Aims. Initially i thought that Eco world is still fairly raw since they just acquired the land recntly. But they have proven to hit the ground running as evident by their successful property launch over the weekend. Also Eco World has had their infrastructure set up as many SP Setia staff are already working for Eco world....so judging by what the mkt see, Focal Aims should reach SP Setia share price level very soon .

ytoh1688

37 posts

Posted by ytoh1688 > 2013-09-23 11:03 | Report Abuse

this one no need to goreng....it is real

zamsaham

778 posts

Posted by zamsaham > 2013-09-23 11:05 | Report Abuse

@Ytoh1688

Fair value is about RM1.50. ECO willing offer is RM1.40
Decide with your head, not emotion

9696_88

173 posts

Posted by 9696_88 > 2013-09-23 11:22 | Report Abuse

y drop today..shit din sell on 2.4 last fri

ytoh1688

37 posts

Posted by ytoh1688 > 2013-09-23 11:25 | Report Abuse

sure Zam. Your fair value is based on Focal old business. The mkt is pricing it post RTO...so you need to see what Focal is worth aft Eco's asset and business is pumped into it.

Lim AS

275 posts

Posted by Lim AS > 2013-09-23 11:41 | Report Abuse

property bubbles in the making ...either sp setia , eco-world or focal or whatever are they , slowly contributing to the property downturn in yet to come sooner or later. Property sold r all hyped coz they themselves marked them to show that their properties r selling like hot cakes but in actual fact , it will be a different story after 2-3 months, somehow or rather , some buyers r offering for sale at a higher price n reasons given going to migrate ? This has been going on for umpteen years ? Nobody care about it but rather toe the bubble line ? How long it may last is anybody guess. Mai c masuk lo....

Lim AS

275 posts

Posted by Lim AS > 2013-09-23 11:42 | Report Abuse

man man c to support level 1.40 ?

ferdtwh

760 posts

Posted by ferdtwh > 2013-09-23 11:54 | Report Abuse

the show is over..?

Nallayak

928 posts

Posted by Nallayak > 2013-09-23 12:13 | Report Abuse

RPGT increases soon

ytoh1688

37 posts

Posted by ytoh1688 > 2013-09-23 12:16 | Report Abuse

the show is just starting ...the curtain is yet to be drawn

Nallayak

928 posts

Posted by Nallayak > 2013-09-23 12:34 | Report Abuse

real also must gorieng otherwise not masak, Sp setia better but never move becos no cook

Peter5151

245 posts

Posted by Peter5151 > 2013-09-23 13:21 | Report Abuse

the launching of eco world over the weekend fully sold ? 230 units ?

ytoh1688

37 posts

Posted by ytoh1688 > 2013-09-23 13:28 | Report Abuse

yes both in JB and KL...

ytoh1688

37 posts

Posted by ytoh1688 > 2013-09-23 13:29 | Report Abuse

this is the pre-launch 2000 people fighting for 200+ units. I was there in JB and I have people in KL to witness the process..

Peter5151

245 posts

Posted by Peter5151 > 2013-09-23 13:36 | Report Abuse

KL also got pre-launch ? Also semi-D n cluster house ?

ytoh1688

37 posts

Posted by ytoh1688 > 2013-09-23 13:43 | Report Abuse

eco sky in klang
http://ecoworld.my/developments/

Nallayak

928 posts

Posted by Nallayak > 2013-09-23 13:59 | Report Abuse

mostly speculators who gotten rich speculated on SEtia homes

Peter5151

245 posts

Posted by Peter5151 > 2013-09-23 14:21 | Report Abuse

What is the selling price like?

Nallayak

928 posts

Posted by Nallayak > 2013-09-23 15:15 | Report Abuse

1.6M for SD

Muarmali

1,186 posts

Posted by Muarmali > 2013-09-23 15:21 | Report Abuse

Another credit-driven bubbles. :)))

Nallayak

928 posts

Posted by Nallayak > 2013-09-24 09:23 | Report Abuse

don't worry lah the banks as usual will be bailed out so make hay while the bubble is growing as wont burst for next 6 yrs, after aht run for your life

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2013-09-25 10:04 | Report Abuse

Is it a down trend for this counter now?

clonewar

386 posts

Posted by clonewar > 2013-09-25 11:40 | Report Abuse

No

ytoh1688

37 posts

Posted by ytoh1688 > 2013-09-25 13:12 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2013/09/24/Eco-Worlds-Iskandar-gem-Its-maiden-project-EcoBotanic-gets-good-response.aspx

Response to Eco world's weekend launch in JB and KL is on the star...see above

Nallayak

928 posts

Posted by Nallayak > 2013-09-25 15:46 | Report Abuse

good projects throw into private and lousy land throw to public one is common practice in business world

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2013-09-25 15:47 | Report Abuse

Since EcoBotanic gets good response and why Focal's share price still dropping?

Nallayak

928 posts

Posted by Nallayak > 2013-09-25 17:00 | Report Abuse

good things will u share with public enjoy yourself lah

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2013-09-26 09:58 | Report Abuse

wow! keep dropping again. i think it must a down trend mode to this stock now. so.. cut loss lo....

Muarmali

1,186 posts

Posted by Muarmali > 2013-09-26 11:05 | Report Abuse

The window is below RM2. :)))

calvintaneng

55,268 posts

Posted by calvintaneng > 2013-09-26 11:25 |

Post removed.Why?

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2013-09-26 12:16 | Report Abuse

i think LBS better than this counter.

cosway

81 posts

Posted by cosway > 2013-09-26 12:25 | Report Abuse

LBS is actual achieved performance whereas Focal is still on the drawing board, projects waiting to roll out.

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2013-09-26 12:27 | Report Abuse

I will only buy back when it's share price drop back to RM1.40......ha.ha

Nallayak

928 posts

Posted by Nallayak > 2013-09-26 13:10 | Report Abuse

Liew dnt know how fry shr yet lah hangus liow

Muarmali

1,186 posts

Posted by Muarmali > 2013-09-26 14:35 | Report Abuse

calvintaneng, i fully agree with you about the prospect of FOCAL. :)))

Muarmali

1,186 posts

Posted by Muarmali > 2013-09-26 14:36 | Report Abuse

Anything above RM1.50 is too pricey.

Muarmali

1,186 posts

Posted by Muarmali > 2013-09-26 14:44 | Report Abuse

Falling knife...let it fall. All tickets are locked up for transaction.

Muarmali

1,186 posts

Posted by Muarmali > 2013-09-26 14:45 | Report Abuse

Run, Johnny, Run......

Nallayak

928 posts

Posted by Nallayak > 2013-09-26 15:30 | Report Abuse

Liew know how to goring pprty but goring shr need more skill and netwk lah

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2013-09-26 15:44 | Report Abuse

luckily i sold it this morning...

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2013-09-27 10:43 | Report Abuse

Just need one time limit down than the share price will go to RM1.42.....just waiting...may be it will come true.

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