“The outlook for FY2020 remains challenging and uncertain as the full impact of the Covid-19 pandemic has not been ascertained. However, the Group remains resilient as unbilled sales totaling RM9.80 billion will place the Group in good stead during this challenging time and see the Group through over the next 2 years,” continued Khor.
Moving forward, the Group will remain prudent with limited new launches concentrating on the mid-range landed units in established townships to cater to the demand of owner-occupiers.
The Group is also anchored by 48 on-going projects and an effective remaining land banks of 8,718 acres with a Gross Development Value of RM138.87 billion as at March 31.
KUALA LUMPUR (July 13): The Second Meeting of the Third Session of the 14th Parliament, which began today, saw changes in the positions of the seats of Members of Parliament (MPs) including former prime minister and Langkawi MP Tun Dr Mahathir Mohamad.
My key takeaways for Ecoworld International. The only pure play overseas property developer in Malaysia. Hope they will provide great guidance on the Company’s financials and outlook especially for those that wanted to diversify into overseas real estate investments. Ideas are easy but execution is everything. That’s what Ecoworld International is doing now. Good weekend guys!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
monetary
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Posted by monetary > 2020-06-30 12:46 | Report Abuse
@skybursa. I m targeting 300%. Holding period 2yrs.