Posted by RISK8888 > 2 months ago | Report Abuse

Dream la. If really so good why sell big portion of share at 0.33? Should sell at 0.8 right?

Posted by fortunefire > 2 months ago | Report Abuse

Quek sold his stake at a very super good discounting rate vs its ipo price.
Liew has been disposing his shares lately.
So, what do they tell you?

Posted by Patient Investor > 2 months ago | Report Abuse

may be dreaming, but that's my valuation :)

Different people has different capital allocation strategy, especially tycoons who have more investment apportunity than us.

You could also ask why PARAMOUNT willing to pay 0.33 if they dont value it signicantly higher. and PARAMOUNT is known to be conservative.

Posted by geary > 2 months ago | Report Abuse

Patient Investor.
You could also ask why PARAMOUNT willing to pay 0.33 if they dont value it signicantly higher. and PARAMOUNT is known to be conservative.
Oh...suddenly up...probably Mr. Market just wake up... property will rebound...interest will go down...USD will go down...by the Mr. Market is unpredictable 🤓

Posted by Patient Investor > 2 months ago | Report Abuse

I don't have the ability to predict the market 🤓

Posted by geary > 2 months ago | Report Abuse

Intrinsic Value:
Overall, it is a good news for EWINT, we see all the...
3 property tycoons in this Group, namely
1. Tan Sri Liew,
2. Quek Leng Chan and now
3. Teoh family of See Hoy Chan.
We going to see the turnaround of EWINT to record high soon!
Nobody can calculate the actual Intrinsic Value on any businesses.
With 3 big property developers, probably its management intrinsic value is upgraded.
Cash Flow quite volatile, because of cyclical business.
Plus interest rates, exchange rates are volatile.
Intrinsic Value is approximately correct only...within a range of prices or market value.
Mr. Market is unpredictable...nobody can predict the stock markets.🤓

Posted by Patient Investor > 2 months ago | Report Abuse

Tan Sri Liew trim his stake by ~20million in past one year
Ecoworld Capital buy 48million in one week

Looking fwd for development value to be unlock.

Posted by theong > 2 months ago | Report Abuse

Million $ question taking private.

Posted by Patient Investor > 2 months ago | Report Abuse

Looks like it. Increasing such high stake in such short time.

Posted by sunnyspoon > 2 months ago | Report Abuse

Buy buy more

Posted by sunnyspoon > 2 months ago | Report Abuse

6 sen dividend Dec 2023

Posted by fortunefire > 1 month ago | Report Abuse

0.5x coming?

Posted by newkidonthebloc > 1 month ago | Report Abuse

Why sudden drop

Posted by Killsthebear > 1 month ago | Report Abuse

Paramount effect gua.. sienz

Posted by fortunefire > 1 month ago | Report Abuse

hong leong big boss has businesses everywhere in overseas, and he has all the bird eyes everywhere telling him that the global property market ain't good.

Posted by hng33 > 1 month ago | Report Abuse

Use balance, bought EWI at 40sen

Posted by hng33 > 1 month ago | Report Abuse

Total dividend payable in 2024 and 2025 is 21sen per share, to be declared staggering with first 6 sen likely declare together with coming Q result next week

Posted by sell > 1 month ago | Report Abuse

DPS>EPS is not sustainable. Later will drop like Zhulian.

Posted by sell > 1 month ago | Report Abuse

Quek Leng Chan is smart to sell Ewint to Paramount.

Posted by hng33 > 1 month ago | Report Abuse

Real estate developer Paramount Corp Bhd (KL:PARAMON) is aiming for 30% of its annual profit to stem from overseas property projects by 2030, supported by its recent acquisition of a 21.5% stake in Eco World International Bhd (EWI) (KL:EWINT), as domestic orders are expected to saturate.

Posted by hng33 > 1 month ago | Report Abuse

EWI will contribute 30% profit to paramount by 2030

Posted by hng33 > 1 month ago | Report Abuse

added more ewi at 39-40sen

Posted by hng33 > 1 month ago | Report Abuse

sold at 42sen

Posted by yongyong88 > 1 month ago | Report Abuse

waiting for 44sen

Posted by sunnyspoon > 1 month ago | Report Abuse

Buy more

Posted by fortunefire > 1 month ago | Report Abuse

fired my first batch of bullet at 0.38

Posted by hng33 > 1 month ago | Report Abuse

bought back at 40.5- 41sen

Posted by warchest > 1 month ago | Report Abuse

add more at 40.5.

Posted by moneycome123456 > 1 month ago | Report Abuse

Eco World International Bhd president and chief executive officer Datuk Teow Leong Seng.

PETALING JAYA: Eco World International Bhd (EWI) achieved RM433mil sales exchanges plus reserves of RM85mil, adding up to a total of RM518mil in the seven months period of its financial year ending Oct 31, 2024 (FY24).

In a statement, the property developer said it recorded a loss before tax of RM13.9mil in the second quarter of its current financial year (2Q24) compared to loss before tax of RM2.1mil in 2Q23.

It said this was mainly due to lower gross profit as stocks in its Australian projects are largely fully sold; impairment loss on amount owing by EcoWorld London as the joint venture continues to invest resources to procure better planning consents for its remaining projects; as well as lower foreign exchange gains from appreciation of the British Pound against the ringgit.

Including net cash balances at joint ventures, EWI said the group has a total cash balance of RM349mil as at April 30, 2024.

Premised on the healthy cash position, the board declared a first interim dividend of six sen per share for FY24, which translates to RM144mil.

President and CEO Datuk Teow Leong Seng said the group's sales are on track with the value of unsold completed stocks reduced to about RM400mil, of which its effective share is about RM300mil.

He added that the board is maintaining its target of generating excess cash of up to RM500mil - which will be distributed to shareholders in tranches over 2024 and 2025 - by selling its completed stocks.

"We are monitoring market conditions closely and finding ways to improve the profitability of our remaining projects.

"While the current environment is challenging, the UK real estate market nonetheless presents opportunities in the longer term, judging from the strong rental rates in London."

Teow said the group will proceed with launches when cost pressures stabilise and the expected returns of undertaking such launches can be forecast with greater certainty.

Posted by sunnyspoon > 1 month ago | Report Abuse

Good dividend buy more

Posted by drkelvin20 > 1 month ago | Report Abuse

this stock giving good dividend, especially for those who have averaged down the cost..say if we got around 40-50-60 sen...this stock is still potential....

Its tough if you don;t average down.

Posted by sunnyspoon > 1 month ago | Report Abuse

6 sen dividend👏👏👏

Posted by ykloh > 1 month ago | Report Abuse

6 sens dividend? Check again please.

Posted by hng33 > 1 month ago | Report Abuse

sold at 41.5sen

Posted by Lyon91 > 1 month ago | Report Abuse

Are this dividend id from capital reduction again?

Posted by investor77 > 1 month ago | Report Abuse

For RM 420, gets 60 rgt in dividend. 60/420 or 100/7 is 15% Div Yield !! Higher than FD and EPF !! Dont have to wait 1 year somemore !! More to come !!

Posted by sunnyspoon > 1 month ago | Report Abuse

Just first interim dividend 6sen, 2nd interim ???, 3rd interim ??? , final dividend. ???, buy buy

Posted by sunnyspoon > 3 weeks ago | Report Abuse

0.50

Posted by 8u29song > 3 weeks ago | Report Abuse

huh...like that sure big untunglah....IF after ex price remain as b4 ex...

Posted by DickyMe > 3 weeks ago | Report Abuse

"hng33

sold at 41.5sen

1 week ago"
===========
👍👍

Posted by Sales > 3 weeks ago | Report Abuse

Ricky, why ypu sold so early, another 0.15sen by 2025

Posted by warchest > 2 weeks ago | Report Abuse

Short-term, we expect it to get back the value of RM1.20. Currently, the dividends paid are 45 cents. add to the current price, is 88.5. I expect we can have at least another 31.5 cents of upside

Posted by warchest > 2 weeks ago | Report Abuse

time is the best value accretion

Posted by fortunefire > 2 weeks ago | Report Abuse

UK property market does not look good. Upcoming QR likely at loss.

Posted by DickyMe > 2 weeks ago | Report Abuse

15 sen coming soon after dividend payment.

Posted by fortunefire > 2 weeks ago | Report Abuse

keep dropping as expected. TP 0.28

Posted by DickyMe > 1 week ago | Report Abuse

UK will be pariah of Europe.

Posted by fortunefire > 1 week ago | Report Abuse

UK property bubble is coming soon?

Posted by DickyMe > 1 week ago | Report Abuse

20 sen, in 2 to 3 months time.
If earlier, jackpot!

Posted by fortunefire > 1 week ago | Report Abuse

unlikely to drop further since PCB is keen to take up more shares.