ECO WORLD INTERNATIONAL BERHAD

KLSE (MYR): EWINT (5283)

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Last Price

0.30

Today's Change

0.00 (0.00%)

Day's Change

0.30 - 0.305

Trading Volume

308,800


7 people like this.

6,190 comment(s). Last comment by compoundingeffect 5 days ago

soon9913

2,820 posts

Posted by soon9913 > 2023-06-18 12:27 | Report Abuse

you can get back 0.5 div soon....

soon9913

2,820 posts

Posted by soon9913 > 2023-06-18 12:27 | Report Abuse

GBP is so strong, good time 5o convert into MYR with additional 10% forex gain

RISK8888

2,232 posts

Posted by RISK8888 > 2023-06-18 19:29 | Report Abuse

Bought 1.20, get back 0.50? How the balance 0.70?

arsenal93

58 posts

Posted by arsenal93 > 2023-06-18 22:51 | Report Abuse

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

krish52

257 posts

Posted by krish52 > 2023-06-19 00:04 | Report Abuse

once a flying star. now not much attention given as before.

RISK8888

2,232 posts

Posted by RISK8888 > 2023-06-19 08:29 | Report Abuse

What is the best price to sell?

drkelvin20

694 posts

Posted by drkelvin20 > 2023-06-19 09:59 | Report Abuse

GBP - RM now highest in 5 years! HOpefully the management will capaitalie this opportunty to cash out from UK/Australia.

drkelvin20

694 posts

Posted by drkelvin20 > 2023-06-19 09:59 | Report Abuse

Today EWINT Special meeting on dividend?

Posted by Patient Investor > 2023-06-19 10:52 | Report Abuse

If GBP > MYR hold, it will constribute postively to the group.

As their gross margin is around 18%, if GBP strengthens 10%, would it pop up the Gross margin to 28% and provide higher distribution to shareholder?

Posted by surewin8 > 2023-06-19 12:48 | Report Abuse

any news for today's meeting?

Posted by Leong Wai Hou > 2023-06-19 12:56 | Report Abuse

How the results?

Steve64

52 posts

Posted by Steve64 > 2023-06-19 13:59 | Report Abuse

99% voted for the motion. so overwhelming

Phoebe

463 posts

Posted by Phoebe > 2023-06-19 15:46 | Report Abuse

all approved the distribution of 300M? That is equivalent to 12.5c......life is so beautiful....@^_^@ meow......

RISK8888

2,232 posts

Posted by RISK8888 > 2023-06-19 16:50 | Report Abuse

Going to Holland

Posted by Patient Investor > 2023-06-19 17:01 | Report Abuse

The first payout is targeted after August, many cant wait. :p

dragonz98

86 posts

Posted by dragonz98 > 2023-06-20 00:00 | Report Abuse

Institutions, Funds, Individual Insiders, Public & Private Companies totally hold 82.6% shares, and General Public only hold 17.4% shares.

flyhub888

553 posts

Posted by flyhub888 > 2023-06-20 00:01 | Report Abuse

90sen coming

RISK8888

2,232 posts

Posted by RISK8888 > 2023-06-20 07:17 | Report Abuse

Sure or not? So confident.

Posted by StartOfTheBull > 2023-06-20 08:03 | Report Abuse

Has anyone calculated the estimated total dividend to be received from the capital reduction?

Phoebe

463 posts

Posted by Phoebe > 2023-06-20 08:50 | Report Abuse

38.5c

Phoebe

463 posts

Posted by Phoebe > 2023-06-20 08:53 | Report Abuse

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.

Steve64

52 posts

Posted by Steve64 > 2023-06-20 09:31 | Report Abuse

yes quite clearly they hv announced 900 milluon n forst tranche is 300 million which works out to 12 cts.

Steve64

52 posts

Posted by Steve64 > 2023-06-20 09:31 | Report Abuse

balance of 38.5 - 12 = 26.5 to be distributed by end fin yr 23.

yewnamhung

346 posts

Posted by yewnamhung > 2023-06-20 11:14 | Report Abuse

QR when ....?

flyhub888

553 posts

Posted by flyhub888 > 2023-06-20 13:59 | Report Abuse

end of the month

soon9913

2,820 posts

Posted by soon9913 > 2023-06-20 23:38 | Report Abuse

rm900m plus potential div rm450m..

soon9913

2,820 posts

Posted by soon9913 > 2023-06-20 23:39 | Report Abuse

total is about 50cents.. is it worth for you to wait another 1.5 yrs? your investment cost will be only 10 cents after getting the div

flyhub888

553 posts

Posted by flyhub888 > 2023-06-21 12:47 | Report Abuse

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

Phoebe

463 posts

Posted by Phoebe > 2023-06-21 13:42 | Report Abuse

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

Phoebe

463 posts

Posted by Phoebe > 2023-06-21 13:47 | Report Abuse

Not sure about other countries but I know UK and Australia is short of houses. They under built.

arsenal93

58 posts

Posted by arsenal93 > 2023-06-21 15:18 | Report Abuse

@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

arsenal93

58 posts

Posted by arsenal93 > 2023-06-21 15:19 | Report Abuse

Do you guys ever seen goreng stock give dividend like this based on current share price?

dragonz98

86 posts

Posted by dragonz98 > 2023-06-21 18:20 | Report Abuse

https://btrnews.co.uk/apo-announces-the-exciting-launch-of-apo-liverpool/
March 14, 2023
<b>Apo announces the exciting launch of Apo Liverpool</b>
BTR operator Apo announces the exciting launch of the company’s third rental scheme and first of its regional locations, Apo Liverpool.

https://btrnews.co.uk/apo-kew-bridge-reach-fully-let-milestone/
April 28, 2023
<b>Apo Kew Bridge reach fully let milestone</b>
The Apo Kew Bridge Build to Rent development has reached full occupancy in just 14 months.

soon9913

2,820 posts

Posted by soon9913 > 2023-06-21 20:59 | Report Abuse

YTD GBP aldy up 10%...now is good time convert to myr at 5.9....

Steve64

52 posts

Posted by Steve64 > 2023-06-21 22:22 | Report Abuse

QR latest is out on their website.
cash rich n debt free. . Distribution coming

Huat 888

330 posts

Posted by Huat 888 > 2023-06-21 22:26 | Report Abuse

keep collecting..tis stock will fly anytime

dragonz98

86 posts

Posted by dragonz98 > 2023-06-21 23:36 | Report Abuse

- 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.

Posted by Patient Investor > 2023-06-22 07:14 | Report Abuse

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 :)

Goodprofit

1,022 posts

Posted by Goodprofit > 2023-06-22 07:32 | Report Abuse

cheng hu without knowing how to handle the current economic situation.

hng33

20,510 posts

Posted by hng33 > 2023-06-22 09:49 | Report Abuse

cut at 60sen

soon9913

2,820 posts

Posted by soon9913 > 2023-06-22 12:22 | Report Abuse

hng33, why cut

RISK8888

2,232 posts

Posted by RISK8888 > 2023-06-22 18:14 | Report Abuse

bye bye...back to holland

flyhub888

553 posts

Posted by flyhub888 > 2023-06-24 23:26 | Report Abuse

MYR further drop.. expecting nxt qr earning will be improved significantly

soon9913

2,820 posts

Posted by soon9913 > 2023-06-24 23:42 | Report Abuse

GBP hits rm6.......

flyhub888

553 posts

Posted by flyhub888 > 2023-06-26 18:35 | Report Abuse

question is when will give dividen

RISK8888

2,232 posts

Posted by RISK8888 > 2023-06-27 13:21 | Report Abuse

it will go down bit by bit until August. dont hope for any price up.

Phoebe

463 posts

Posted by Phoebe > 2023-06-27 21:11 | Report Abuse

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.

RISK8888

2,232 posts

Posted by RISK8888 > 2023-06-27 23:15 | Report Abuse

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。

RISK8888

2,232 posts

Posted by RISK8888 > 2023-06-27 23:17 | Report Abuse

Better close down and pay back capital to shareholder. Else our money end up paying director salary, all gone.

RISK8888

2,232 posts

Posted by RISK8888 > 2023-06-27 23:20 | Report Abuse

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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