if you bought at IPO pricing you wont sell at this timing.. unless you are super newbie in share market..lol. totally dont understand your logic. even you wan to sell has to be in between exercise date and announcement date. no offence, thank you
Could the drop due to ppl mistakenly think that Event dividend has been reduced?. They will be paying the dividend in tranches of 300m instead a lump-sum of 900million.
this is no brainer deals if the management execute then plan accordingly . its a best buy now. risk is only if the management did not execute the dividen as promised
I believe many people are concerned or have the perception that after the money is distributed, this firm will be nothing more than a shell. It's as if they're selling their business and distributing the proceeds to the shareholders. Ewint have set aside funds for ongoing development and future project development. This is where the extra money is returned. That is, as long as ewint continues to develop and sell buildings, they will continue to earn money
@flyhub888 you are right. and if the price drop below 10 cents after dividend payout I will take the dividend and buy in again lol. it's impossible for ewint because this is not goreng stock.. but got people treat it as goreng stock haaha
- EcoWorld International’s total net cash balance exceeds RM700 million - On track to declare 1st tranche dividend of at least RM300 million after completion capital reduction by August 2023. - On track to achieve its full year sales target of RM1.4 billion, with sales achieved of RM619 million plus reserves of RM299 million, totalling RM918 million in 7 months of FY2023.
Encouraging : i. higher foreign exchange gain on retranslation of foreign currency bank balances denominated in British Pound (“GBP”) as GBP strengthened against Ringgit Malaysia (“RM”); ii. higher interest income from unit trust and fixed deposit following capital contribution repayments from Eco World-Ballymore and Eco World London; from 4 million > 12 milliom iii. most of borrowings in MYR.
Not so encouraging: The current quarter’s reduction in LBT was offset by higher losses incurred on joint ventures resulting from higher share of losses in Eco World London due to lower completions and increased construction and defects rectification costs.
Financials compare to previous qtr - amount owing by JV rises 100million - net cash inscrease 200+miliion - compare to previous quarter the NTA rises
Will sit until distribution finish by 2024. By then, if EWINT announce new project launches, share price should be going up again :)
Australia builder collapsing 1 after another. The fittest survive. Will Ewing survive there? If they can survive, they will definitely grow bigger. Australia is short of houses now.
build house take years, margin 20%. Means must sell 80% unit only breakeven. Take loan pay interest 6% p.a. After 5years finish sell 100%. But all profit end up paying loan interest. 白做。
Privatise eco international, operation take over by ecowld malaysia baru make sense ma. Maintain 2 listing entity for what? Wasting money pay salary dua kali.
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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....
soon9913
2,820 posts
Posted by soon9913 > 2023-06-18 12:27 | Report Abuse
you can get back 0.5 div soon....