ECO WORLD DEVELOPMENT GROUP BERHAD

KLSE (MYR): ECOWLD (8206)

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Last Price

1.77

Today's Change

0.00 (0.00%)

Day's Change

1.72 - 1.80

Trading Volume

20,512,500


24 people like this.

18,587 comment(s). Last comment by Aati99 1 day ago

JN88

11,670 posts

Posted by JN88 > 2015-08-12 21:31 | Report Abuse

TengKu: Property drop sapu property..wakakaka...good bor?

TengkuFaisal

1,132 posts

Posted by TengkuFaisal > 2015-08-12 21:40 | Report Abuse

jn88. property is not a handphone. or a vege.
to buy a propery, you are committing your whole life, paying monthly mortgages and other expenses, whether you have the money or not, whether your job still there or not.

from a developer point of views, where is the customers if they cannot secure a loan?

to a flipper in property. who would be their buyer?

ans. the market dissappear. while the developer still in abundance. they will ended up selling cheap or even at cost. a relative of mine bought a penthouse in 2008 from developer own simpan unit. at cost. while the mkt price was almost double.

genesis81

348 posts

Posted by genesis81 > 2015-08-12 22:54 | Report Abuse

Haha. I remember e&o trading at RM0.56 back in 2008. Now uems is half way there.

cheeseburger

2,798 posts

Posted by cheeseburger > 2015-08-12 23:57 | Report Abuse

china 2nd round of devaluation...again?!

http://www.theguardian.com/business/2015/aug/12/china-yuan-slips-again-after-devaluation

cheeseburger

2,798 posts

Posted by cheeseburger > 2015-08-13 00:05 | Report Abuse

Tengku: fully agreed.
As said, cooling measures, bank loan controlled tight, your property will have the market price but no buyer.
If developer positioned the housing as premium, top class, elegant units. Price will not cheap. Easily over a million dollar.
Unless I prepared for own stay, else buy for investment need to think twice. I'm sure investor need to think how easy/difficult is to let go such over million dollar home compete with other potential seller in same area.

cheeseburger

2,798 posts

Posted by cheeseburger > 2015-08-13 00:12 | Report Abuse

As for Malaysia market of today, more people is targeting low medium affordable housing. That has to do with today income level and the society burden we facing. If we are in high income nation like Singapore, that is different story.

So the market segment for medium high end housing is getting smaller, naturally. There is still demand, no doubt, but mostly only premium house in good location able to command a better price, as price sensitivity is much lower for those high net worth individual.

I am talking about those $5mil and above house...for those housing in between 1mil to 3,4 mil, they could stuck in between...my opinion

Posted by winwinyarazhi > 2015-08-13 00:26 | Report Abuse

Long term investors in Ecoworld should focus on its business, not its share price.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-13 09:10 | Report Abuse

No use to argue this and that..For now, Our index up, Ecoworld up. Our index down, Ecoworld down. Just as simple as that.

Posted by winwinyarazhi > 2015-08-13 13:48 | Report Abuse

Lao liu.. is right..

char1234

5,299 posts

Posted by char1234 > 2015-08-13 15:56 | Report Abuse

Not for Ewien ...

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-13 16:00 | Report Abuse

Just maintain buy for Ecoworld..you won't regret..

JN88

11,670 posts

Posted by JN88 > 2015-08-13 16:03 | Report Abuse

Very cheap sure buy...but stage by stage...

Posted by Canon Preview > 2015-08-13 16:04 | Report Abuse

try to in below rm1 ...possible ?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-13 16:07 | Report Abuse

Below rm1, seem impossible..but advise can buy it part by part..any gain, take profit / any low, average it/ or take in long term investment if want..

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-13 18:17 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD :
Ann. Date : 12 Aug 2015 / Date : 07 Aug 2015 Acquired 157,700 No.of Shares
Ann. Date : 13 Aug 2015 / Date : 10 Aug 2015 Acquired 1,000,000 No.of Shares
Total Direct 196,476,400 units, 8.31%

Posted by winwinyarazhi > 2015-08-14 01:32 | Report Abuse

Lao liu ...Epf buy Ecoworld share..?

red_85

1,259 posts

Posted by red_85 > 2015-08-14 01:43 | Report Abuse

when bad quarter report show out, that time if epf start throw, then you know the effect of epf.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-14 09:01 | Report Abuse

winwinyarazhi, yes..Epf bought Ecoworld share.

char1234

5,299 posts

Posted by char1234 > 2015-08-15 02:18 | Report Abuse

Look at top 30 stks of what EPF is holding....they live on pathetic dividents of less than 4 pct.V lilltle of their purchased stks hv capital gain

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-17 09:02 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD :
Ann. Date : 14 Aug 2015 / Date : 11 Aug 2015 Acquired 1,000,000 No.of Shares
Total Direct 197,476,400 units, 8.353%

Posted by winwinyarazhi > 2015-08-17 15:11 | Report Abuse

Huh...lao liu,EPF buy again. ??

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-17 15:26 | Report Abuse

Yeap, winwinyarahi..EPF continue on buying Ecoworld shares. But the prices seem can't sustain at this market condition..need to hold for a much more longer period of time. I am waiting to average down some.

Posted by winwinyarazhi > 2015-08-17 15:36 | Report Abuse

Lao liu ..is ok.
I definitely confidence on Ecoworld.
If still drop ,i'll keep buying..

Posted by winwinyarazhi > 2015-08-17 15:37 | Report Abuse

Lao liu.
Barakah and Skpetro
Can you give me any opinion.
Thanks

Posted by eisteinbrook > 2015-08-17 17:11 | Report Abuse

Idiots! I warned u guys so many times keep out from this useless stock! It will further down. Rm1.2 soon..soon and later rm1.00

Posted by winwinyarazhi > 2015-08-17 22:29 | Report Abuse

When share uptrends, ppl said will breach xxx; when share downtrends, ppl will say will drop below xxx. This is just a very common psychology game!

Posted by HellowKiety > 2015-08-18 09:24 | Report Abuse

Hold from Rm2.00 until Rm1.50 average down 3 times.. now 1.20 average down again.. Burn die me

supernova

1,923 posts

Posted by supernova > 2015-08-18 09:37 | Report Abuse

no eye see, wait next CNY sing new song

Posted by winwinyarazhi > 2015-08-18 14:03 | Report Abuse

Happy happy Ecoworld
Happy happy ....
No happy liao

kleboy

292 posts

Posted by kleboy > 2015-08-18 14:35 | Report Abuse

Is time to collect.

kleboy

292 posts

Posted by kleboy > 2015-08-18 14:37 | Report Abuse

buy buy ... while opportunities is open 1.27 is already discounted price no more less

oks911

144 posts

Posted by oks911 > 2015-08-18 18:19 | Report Abuse

Stop average .. look for other stocks.. avoid property stocks...

Posted by winwinyarazhi > 2015-08-18 23:14 | Report Abuse

Okok...
I understand.
Wait for rm 1 buy more.
Now 1.25 buy again..
Hi hi hi
Happy happy Ecoworld~

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-19 09:29 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD :
Ann. Date : 17 Aug 2015 / Date : 12 Aug 2015 Acquired 1,000,000 No.of Shares
Ann. Date : 18 Aug 2015 / Date : 13 Aug 2015 Acquired 246,700 No.of Shares
Total Direct 198,723,100 units, 8.405%

kcc313

9 posts

Posted by kcc313 > 2015-08-19 10:34 | Report Abuse

rebounce...

Posted by winwinyarazhi > 2015-08-19 11:34 | Report Abuse

Huh...why EPF still keep buying leh...??

kleboy

292 posts

Posted by kleboy > 2015-08-19 16:19 | Report Abuse

Eisteinbrook. thanks.

mr x

589 posts

Posted by mr x > 2015-08-19 16:26 | Report Abuse

CB a good buy now at 3 cts only, dont miss this golden opportunity, expire in june 16, long way to go isnt it, the choice is yours

Posted by limyunshi > 2015-08-19 22:56 | Report Abuse

mr x .. you bought CB at 3 cts? Ecoworld can go above 1.68 before June 16 ?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-20 10:02 | Report Abuse

KUALA LUMPUR: Eco World Development Group Bhd is expected to start construction of the RM8.7bil Bukit Bintang City Centre (BBCC) project by the first quarter of 2016, once it has obtained the development approval from the Kuala Lumpur City Hall.

Its CEO Datuk Chang Khim Wah said on Wednesday the company would prepare the pre-marketing for the launch of the project by year-end.

"We remain confident of achieving our RM3bil sales target this year, due to the number of projects that we are doing in the township currently. We have the flexibility to have a broader marketing spectrum of products.

"Whatever challenges thrown at us this year or next year, we are quite confident that the sales target would be met," he said the EGM.

The former Pudu jail site has been approved for a mixed residential and commercial development comprising a retail mall, an entertainment block, strata offices, office tower, two hotels, and serviced residences and aparments.

The development period is expected to be about eight to 10 years.

During the EGM, shareholders had approved the company's proposal to subscribe for two million new ordinary shares of RM1 each in BBCC Development Sdn Bhd, representing a 40 per cent stake in the enlarged issued and paid-up share capital of BBCC.

BBCC is a special purpose vehicle, jointly set up by Eco World, Uda Holdings Bhd and the Employees Provident Fund (EPF) for the purpose of developing the BBCC project.

Eco World had on Feb 4, 2015, entered into shareholders' agreement with UDA Holdings and the EPF to jointly invest and fund BBCC as the vehicle to undertake the development of the project. - Bernama

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-20 12:08 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD :
Ann. Date : 19 Aug 2015 / Date : 14 Aug 2015 Acquired 1,121,400 No.of Shares
Total Direct 199,844,500 units, 8.453%

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-20 12:13 | Report Abuse

Extraordinary General Meeting :
The Board of Directors of Eco World Development Group Berhad ("EW Berhad") is pleased to announce that the shareholders of EW Berhad have at the Extraordinary General Meeting 2 ("EGM 2") held, 19 August 2015, approved and passed all resolutions set out in the Notice of the EGM 2 dated 24 July 2015.

Announcement is dated 19 August 2015.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-20 12:16 | Report Abuse

winwinyarahi, two reason EPF keep on buying Ecoworld shares. 1st, Potential future growing of Ecoworld. 2nd, Joint venture {BBCC is a special purpose vehicle, jointly set up by Eco World, Uda Holdings Bhd and the Employees Provident Fund (EPF) for the purpose of developing the BBCC project.}

Posted by winwinyarazhi > 2015-08-20 13:23 | Report Abuse

Lao liu
Nxt time epf bcome big shareholder liao..
Lao liu how mny lot u have now?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-20 15:13 | Report Abuse

winwinyarazhi, in my view EPF will keep on buying Ecoworld shares in the coming future. I got 100 lots here{at higher price of 1.500}, what about you?

Posted by winwinyarazhi > 2015-08-20 16:03 | Report Abuse

Lao liu i got 30 lots
Bought 1.72
If Ecoworld Further down to rm 1.00 , i consider average again.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-08-20 16:47 | Report Abuse

winwinyarazhi, same here, I will also go for another round of averaging, now save up cash 1st...

Posted by winwinyarazhi > 2015-08-20 17:21 | Report Abuse

BBCC
INCLUDING,
Condo, business lot, hotel , entertainment lot.
Quite special..
location is pudu jail.
Good location

Posted by winwinyarazhi > 2015-08-20 17:23 | Report Abuse

I think Ecoworld have to keep 2 yrs.
After 2 yrs , price COMFIRM will fly very high "

Posted by winwinyarazhi > 2015-08-20 17:27 | Report Abuse

BBCC PROJECT abit similar like time square.
But...confirm better than berjaya.
Epf also invest on this project.
Quite strong background

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