Posted by Patient Investor > 2023-03-31 17:06 | Report Abuse

AGM takeout :
Company will focus on clearing completed inventory and disbursed dividends to shareholders, targeted 900 million if sales target of 1.4 b achieved.
Which upon distribution, they would still have free hundred million kept as working capital and completed inventories ~400 million for 2024 that can funds working capital.
Not considering venture into other countries.
3 yet to launch projects, GDV of eight billion ringgit which will only be launched when economy conditions stabilized and they can see good profit in it.

Just personal note, might miss some figure. I feel the management is quite responsible with shareholders funds, if you want to invest with them patience is required as they are careful and only choose to make their move when there’s certainties plus within their scope of competency.

Tracking what they said in past quarters, they deliver pretty well. Also they are in nett cash position in a high interest rate environment, which could be deployed for bargain hunting on lands.

Posted by flyhub888 > 2023-04-07 19:39 | Report Abuse

50 sens is stable support..

Posted by Steve64 > 2023-04-13 12:02 | Report Abuse

60 cts target coming very soon...

Posted by flyhub888 > 2023-04-13 23:07 | Report Abuse

yea gogogo. target to take some profit when it enter 60 sens

Posted by Phoebe > 2023-04-17 16:18 | Report Abuse

Just need to be patient only....... @^_^@ meow....

Posted by flyhub888 > 2023-04-17 20:16 | Report Abuse

meow :)

Posted by RISK8888 > 2023-04-17 22:51 | Report Abuse

Why up?

Posted by flyhub888 > 2023-04-18 02:54 | Report Abuse

coz this stock is very under value..

Posted by RISK8888 > 2023-04-18 07:13 | Report Abuse

Really?how much it should value?

Posted by Patient Investor > 2023-04-18 13:52 | Report Abuse

Current Asset - Total liabilities > rm0.42 per share
If add back investment in JV and owing by JV from Non current asset, that's rm0.92 per share.

Posted by Steve64 > 2023-04-18 14:40 | Report Abuse

plus payout of 37cts per share are very attractive even at current price.

Posted by flyhub888 > 2023-04-19 00:56 | Report Abuse

its very obvious gain . no brainer choice thats why a lot people choose to hold and u can see the fluctuations is not high even after share price had gone high in 1 day

Posted by flyhub888 > 2023-04-27 22:41 | Report Abuse

what news?

Posted by Steve64 > 2023-04-28 09:10 | Report Abuse

yes wat news? cash payout..? news?

Posted by moneycome123456 > 2023-04-28 19:10 | Report Abuse

OTHERS ECO WORLD INTERNATIONAL BERHAD ("ECOWORLD INTERNATIONAL" OR THE "COMPANY") PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF THE COMPANY PURSUANT TO SECTION 117 OF THE COMPANIES ACT, 2016 ("PROPOSED CAPITAL REDUCTION")

Posted by flyhub888 > 2023-04-28 20:29 | Report Abuse

msg deleted. seems like insider leak haha

Posted by RISK8888 > 2023-04-29 09:01 | Report Abuse

Good news or bad news?

Posted by flyhub888 > 2023-04-29 15:33 | Report Abuse

i have no idea. seems like our share qty will reduce and the stock price will adjusted up?

Posted by soon9913 > 2023-04-30 12:09 | Report Abuse

sure good news lo. u will get 0.125 dividend as first tranch of div.. foresee div payment of 0.375 in year 2023

Posted by soon9913 > 2023-04-30 12:09 | Report Abuse

the stock price is so cheap now.

Posted by speakup > 2023-04-30 12:24 | Report Abuse

Low was 25¢. Now already more than 100% up. No longer cheap

Posted by lotuseater > 2023-04-30 17:28 | Report Abuse

If u compare like this, then nothing is cheap.

Posted by soon9913 > 2023-04-30 18:38 | Report Abuse

0.55 less div 0.37, biz is worth 0.17 thats why I said is cheap

Posted by soon9913 > 2023-04-30 18:39 | Report Abuse

compare to the lowest price, why not compare to the highest in past years

Posted by lotuseater > 2023-04-30 19:47 | Report Abuse

IPO price RM1.20, now 0.555, not cheap? At half price? Better prospects now.. don’t make sweeping statements if can’t back up with facts. Look at the rationale of the exercise.

Posted by RISK8888 > 2023-04-30 20:19 | Report Abuse

Means? What is the reasonable price then?

Posted by flyhub888 > 2023-04-30 23:56 | Report Abuse

reasonable price is when it goes bk to near rm1

Posted by RISK8888 > 2023-05-01 10:55 | Report Abuse

Wow!really?

Posted by Steve64 > 2023-05-02 08:14 | Report Abuse

British £ is at a high nearing 5.70 to RM. This will favour EWI when they transfer funds back for repayments

Posted by RISK8888 > 2023-05-02 08:35 | Report Abuse

Wa!good news!

Posted by RISK8888 > 2023-05-02 08:35 | Report Abuse

Can go up more?

Posted by speakup > 2023-05-02 09:18 | Report Abuse

My friend still holding since ipo. Pls push up to free her

Posted by Patient Investor > 2023-05-02 09:29 | Report Abuse

the fair price is around 0.9~1.00 as of now.
There's no basis to benchmark against what's the ipo price, as the prospect back then and now are different.
The management just show they stick to their word, dividend is already proposed via capital reduction.

Posted by goody99 > 2023-05-02 11:11 | Report Abuse

From the document EWINT submitted to Bursa:

For illustrative purposes, if you have 100 share now,
a) After the Proposed Capital Reduction, you still have 100 shares
b) After the First Tranche Dividend, you still have 100 shares and you get RM0.125 (or RM12.50) dividend per share. Dividend = RM12.50 x 100 = RM1,250

Posted by RISK8888 > 2023-05-02 13:51 | Report Abuse

The mgt had bigger duty, they need to keep their promise as many big investor had invested huge sum during IPO. My guessing is the mgt will try their best to return the initial capital back to the investor. There might also plan I guess to pay back them.

Posted by soon9913 > 2023-05-04 22:16 | Report Abuse

get div soon lo.

Posted by flyhub888 > 2023-05-07 00:13 | Report Abuse

when will get the first dividen?

Posted by flyhub888 > 2023-05-07 00:17 | Report Abuse

trend following. this stock is on uptrend. nice chart forming

Posted by speakup > 2023-05-07 08:21 | Report Abuse

Buy kaw kaw?

Posted by ACE9696 > 2023-05-07 14:33 | Report Abuse

刘 三公子喜事来咯 拒收红包

Posted by flyhub888 > 2023-05-07 22:30 | Report Abuse

its no brainer deal. jz buy cnfrm up. assuming the dividen promised will comply

Posted by RISK8888 > 2023-05-08 08:43 | Report Abuse

How high it can go?

Posted by arsenal93 > 2023-05-08 12:43 | Report Abuse

not sure how high can it go.. but i expect 1.3b to be distributed within next 24 months. that is 54 cents dividend.. almost 0 cost enter now.. 1.5b share cap reduction(150m to write off accumulated loss, 900 mil this year, 400 upcoming year..) it's super good deal..

Posted by arsenal93 > 2023-05-08 12:44 | Report Abuse

pretty sure there is a lot of money inside JV under ewint.. but due to accounting treatment it wont show in consolidated ewint account.. debt free after 24 may.. woohoohoo in property developer sector this is amazing..

Posted by RISK8888 > 2023-05-09 07:32 | Report Abuse

Means is sure win bet?

Posted by lotuseater > 2023-05-09 11:41 | Report Abuse

No such thing as a sure bet.

Posted by RISK8888 > 2023-05-09 13:27 | Report Abuse

How high can it go by this year end?

Posted by arsenal93 > 2023-05-09 13:51 | Report Abuse

this is not betting man.

Posted by arsenal93 > 2023-05-09 13:54 | Report Abuse

this is only dividend from ew ballymore, let alone ew london.. even though the economics is bad but this company is debt free and future income will be declared like this year and next year.. its no brainer deal for me.. sad for ipo buyer but the price now is too cheap

Posted by RISK8888 > 2023-05-09 22:40 | Report Abuse

IPO taken 2.9 bil from investor. Now can pay back half consider thanks god dy.