Posted by Cheah5555 > 2 months ago | Report Abuse

The price of Ecoworld International recovered from the low recently, look like the worst should be over ! Looking forward to some good news from the company ie restructuring, good results, dividend etc.

Posted by Huat 888 > 2 months ago | Report Abuse

inikalilah back to rm1

Posted by warchest > 1 month ago | Report Abuse

Seriously, they need to change the management for the betterment of the Group

Posted by warchest > 1 month ago | Report Abuse

And priority is to pay dividends to the shareholders. If they cannot expand the business, it's better to return back the capital to the shareholders

Posted by supersaiyan3 > 1 month ago | Report Abuse

still no result? maybe after hour....

Posted by supersaiyan3 > 1 month ago | Report Abuse

looks so ugly. omg. how is that even possible!! -95m!!!

Posted by warchest > 1 month ago | Report Abuse

There should be a change to its management in the UK's operations to improve its lackluster performance? There is no point of getting any awards and accreditations when the Group can't be profitable

Posted by BuyHoldForget > 1 month ago | Report Abuse

Excess cash target is rm900m, with market cap 800m, means dividend shall be >rm1 per share ? Did i miss anything ?!

Posted by warchest > 1 month ago | Report Abuse

Nope, 2.4 b of issued shares. RM900 m of excess cash at later part of 2023 or 37.5 cents with all the projects completed. For IPO shareholders that invested RM2.4b in 2017 vs RM900m excess cash in 2023, that's negative return of their investments

Posted by warchest > 1 month ago | Report Abuse

A good investment for investors that invested below 40 cents. Anything above is a bad investment

Posted by warchest > 1 month ago | Report Abuse

But the dividend and the replacement of the management team are the silver linings

Posted by warchest > 1 month ago | Report Abuse

That's why RM900 m excess cash after 6 years of RM2.4 b investment is bad. If they are good, they already turn the RM2.4 b investment to RM3 or even RM4 b excess cash

Posted by warchest > 1 month ago | Report Abuse

It only means that all the projects, including BTR are loss-making.

Posted by pathfinder > 1 month ago | Report Abuse

Warchest, do you or anyone have an idea of an estimated loss for 2023?

Posted by AhHuat168 > 1 month ago | Report Abuse

better cut loss now, going to 20cents soon

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Unusual buying volume: Ewint

Posted by wallstreetrookieNEW > 1 month ago | Report Abuse

Block trade

Posted by Steve64 > 1 month ago | Report Abuse

if cash return is 37cts buying below 40cts is a no brainer right..??

Posted by Cheah5555 > 1 month ago | Report Abuse

The latest results announced quite disappointing but encouraged higher turnover & positive cashflows, the latest share price has not dropped but stabilise with support funds. This results could be partly due to poor economy of Europe especially UK etc. The company's fundamental value still there & not type of company for pump & dump, really need more time & passion for this counter for the wisdom of top management of Ecoworld to perform better.

Posted by Steve64 > 1 month ago | Report Abuse

high volume..? wat's brewing..?
cash payout or takeover target..???

Posted by Huat 888 > 1 month ago | Report Abuse

hohoho...is coming..0.55 1st target

Posted by Huat 888 > 1 month ago | Report Abuse

hohoho...is coming..0.55 1st target

Posted by Ben5555 > 1 month ago | Report Abuse

Please read announcement on presentation n report on ewi web...

It look marvellous performance. Cash generated mainly from 100% EWL n Australia only, make EWI in net Cash position on 2022. Coming 2023, more Cash surplus from EWL n partly EW ballymore (75% sub ). Target RM 1.4B sales may generate more Cash income on 2024 mainly from EW Ballymore.

Year 2023 to 2024, it will be the dividend payback 2 years, trusted IPO investors may get back all of their investment amount together with remaining projects in UK with zero cost...

Who say the poor management teams, better stop now... They did excellent job actually.

This is what I saw from report n read through in details with thoughts... Let fine tune it n patient a bit

Posted by Ben5555 > 1 month ago | Report Abuse

All of UK n Australia projects are selling well.. especially EW Ballymore over 90% sold n at coming 2023, will be 100% sold out similarly to Australia. It will bring more Cash income.. EW Ballymoney is 75% Subsidiary, their project will be only taking into account when fully completely n sold...

Posted by Phoebe > 4 weeks ago | Report Abuse

One man's meat is another man's poison.....or woman in this case.

Posted by flyhub888 > 1 week ago | Report Abuse

this meat worth 60 sens

Posted by Phoebe > 6 days ago | Report Abuse

I hope you are right. This will be my poison ivy.....lol.
I have bought quite a load full of it...... @^_^@ meow

Posted by speakup > 6 days ago | Report Abuse

2023 got recession coming wont be good for property market

Posted by Phoebe > 6 days ago | Report Abuse

if you so sure on the recession, then you should start shorting the market..... @^_^@ meow

Posted by Phoebe > 6 days ago | Report Abuse

Anyway, recession coming or not, this counter already given me 20%+.

Posted by flyhub888 > 5 days ago | Report Abuse

it will rise more

Posted by Phoebe > 5 days ago | Report Abuse

@flyhub....wake me up when it reaches 60c..... @^_^@ meow.....

Posted by flyhub888 > 5 days ago | Report Abuse

@.@

Posted by Steve64 > 5 days ago | Report Abuse

fly ewint fly...

Posted by flyhub888 > 4 days ago | Report Abuse

fly.. 60 cents comingg

Posted by Phoebe > 4 days ago | Report Abuse

Maybank TP RM0.66

Posted by Steve64 > 4 days ago | Report Abuse

can share the maybank report..? or give the link..??

Posted by Phoebe > 4 days ago | Report Abuse

Hi Steve64.
Nit sure how to share as it is in the maybank trade apps. If you using Maybank trade apps, u should see it.

Posted by Steve64 > 4 days ago | Report Abuse

no i m using cimb trade app...
mmmm can anyone help..??

Posted by Steve64 > 2 days ago | Report Abuse

Phoebe - take screenshot n share..??

Posted by Phoebe > 2 days ago | Report Abuse

Huh? Not that IT savvy. However i think you get more info in the Ewint presentation report if you haven't done so. There is many good info there and they summarise it into 8 pages only.

https://ecoworldinternational.com/investor-relations/#annualreports

Posted by Steve64 > 2 days ago | Report Abuse

tks phoebe..will peruse the stated report

Posted by TonsilBasher > 2 days ago | Report Abuse

i brought this since IPO at rm 2.00. until now still losing my pant till lao sai

Posted by Steve64 > 2 days ago | Report Abuse

TB - u sure RM 2,??
ipo was at 1.20 RM n not sure if it ever reached 2.0 RM..

Posted by TonsilBasher > 2 days ago | Report Abuse

my apology. yes. IPO 1.2. hope can go back IPO time la

Posted by TonsilBasher > 2 days ago | Report Abuse

my apology. yes. IPO 1.2. hope can go back IPO time la

Posted by Steve64 > 2 days ago | Report Abuse

well if wat was shared by EWI that they want to distribute cash payout of 37cts if fin yr 2023, stock has lots of up-leg left

Posted by Phoebe > 2 days ago | Report Abuse

Glad you take time to look into the report. Not only that. The so called cash payout is after they set aside money for the borrowing and the EWL project which means they will be net cash and currently the cash payout has not accounted of potential future revenue and profit for EWL which doesn't require anymore capital. The little downside is only the strengthening of RM against GBP If they really distribute the surplus cash, my own target is between 30c to 35c of special div.

Posted by Phoebe > 2 days ago | Report Abuse

They also did mentioned the 70+million impairment that hit the last Q potentially reversible in the future if the market condition turn ok. Not sure how it works and to me....it is something positive.

Posted by Phoebe > 2 days ago | Report Abuse

@TonsilBasher, i hope your wish will come true for ewint to go back to Rm1.20.