Strong demand in the capital boosting London’s property prices
Sustained demand from London property buyers during October has seen a 22% increase in the number of offers being made and a 26% uplift in agreed sales compared to September, according to analysis from estate agency, Chestertons.
At the same time, the market remains under pressure as supply continues to nudge down with 18% fewer properties available for sale in October than the previous month.
Coming dividend should be delicious. Downsides limited. Upsides gonna wait for next few years as their property management services start to scale up. Good dividend while waiting for EWINT to go above IPO price. Have faith in the founder. This is another SP Setia in the making but better
Additional incentives given to purchasers of completed units within the EcoWorld Ballymore portfolio and higher commission to agents to accelerate sales - this resulted in stronger sales and higher reservations received
provide for a £3.6m (approx. RM20.2 million) impairment of inventories based on current net selling prices (after taking into consideration the additional incentives mentioned above);
Despite the accounting loss recorded by the JV, substantial cash was generated from the sale of completed units enabling RM299 million dividends to be paid to EcoWorld International in FY2021........hosehhhhhhh
The Group still has an effective future revenue of RM1.2 billion, of which a majority portion is expected to be realized in FY2022. Johnt299 let's us wait together haha
Here’s a list of issues in Embassy Gardens project: 1-Darren Johnson the manager is not a nice person he is arrogant, ignorant and causes drama all around the development by fighting people instead of helping the residents. 2- when you raise matters with ballymore they don’t care, no one takes responsibility in this place 3- some local residents are fed up with bad quality of the apartments and high rents
what's this > Write-off of £4.6m (approx. RM26.2 million) planning costs incurred mainly due to a decision to not proceed with the acquisition of the Gurnell project under the EcoWorld London portfolio;
Kang Yao, recent review....if management can clear tenant's concern then should be okay geh.....i think they sold 10-20+ units EMbassay Garden for this qr kut
but overall still okay geh financial position, they clear a lot of debt and got a lot of cash....just they need to put more hardwork in their sales lor....esecially now myr weak now
"A joint venture between EcoWorld London, Ealing Council and the council’s development company Broadway Living has seen plans for the £230m redevelopment of Gurnell Leisure Centre refused. Councillors went against the planning officer's recommendation and refused plans for a new leisure centre and 599 flats at the committee on 17"
The plan was rejected by Councillors so they have no choice but to write-off the planning cost
They're just enjoying their X'mas holiday and semi-retirement in London and Australia, fully funded by shareholders. Just look at how they performed over so many years. Only traders make $ so far
listen him sure die lor.... buy higher price and keep averaging down....good eg tg & serb....LOL he still dare teach ppl how to do business and keep posting on fb....holan lor
I wonder what happen to those platinum member. I guess those join early might have make million from gloves. Those late comer, sorry for them. Better luck next time. I attended his free seminar once. He is ok but maybe his way not really suited me.
all blindly followers sure bought high price, need to know how toallocate fund simply because market no such perfect way to make money and to be rational....and all these guru should to take responsibility, keep ask ppl average down esepcially serb
I listen to one of the live and they says that it is normal for the auditor firm to raise those question but all concern raise was very trivial such like PLC and P.L.C are interchangeable. I'm not an accountant but and not sure if this is really allowed but if that was on the cheque, I don't think you won't be able to deposit the cheque. Many more was discuss but it was brush off lightly. Not sure how members caught with serb but didn't they ask their member to cutloss?
Pity those got manipulated by their Guru. Just like Property Sifu, they are left holding the bags while Guru make money from membership fees and order flow trading volume
basically EWINT got cash, and project almost done and now they're clearing their debt. now they can fully 100% focus on their sales and building management.
Malaysian developer EcoWorld London has finally got the green light to build a cluster of high rise flats in Woking town centre providing over 900 homes.
The controversial Goldsworth Road development in Woking won a planning appeal after four storeys were shaved on the tallest tower lowering it to 36 storeys.
The new scheme provides 965 units along with over 14,000m² of commercial space and a new homeless shelter over five buildings.
The project has a development value of around £330m and is expected to cost around £190m to build.
EcoWorld London, which gained a swathe of sites after buying up Willmott Dixon Homes assets, will be starting on site as soon as possible, with work expected to commence towards the end of 2022.
The planning approval was given following an appeal of the initial decision in January 2021.
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....
Johnt299
167 posts
Posted by Johnt299 > 2021-11-16 08:52 | Report Abuse
EWINT - it's time to rocket fly