Posted by Phoebe > 2023-09-25 11:58 | Report Abuse

Ewint giving another 6c dividend by december. They indicate potential more dividend in FY24. They have roughly another RM800M to be bring back and if they distribute half or maybe all collection, it is somewhere between 15c to 33c. We are looking maybe a total dividend of 55c to 75c. I wonder what will the price of ewint after that?....anyway, at 70dividend, i got back all my capital + 85% profit. Ewint shares at that time price at any price is a bonus....hehe.... ^_^ meow....

Posted by Realrich > 2023-09-25 13:23 | Report Abuse

Q3 Is July figure 800m not yet paid first dividend 33 cents dividend payment date is 28 sep. So your figure is wrong

Posted by Realrich > 2023-09-25 13:26 | Report Abuse

After paid out 28 sep 800-730 remaining is paid 6 cents at Dec. After that cash is zero need to wait they clear the inventory

Posted by arsenal93 > 2023-09-25 13:46 | Report Abuse

Phoebe you need to go ewint website to check. Based on latest QR the residual value of ballymore left about 100mil pounds. that is about 600mil myr to distribute back to shareholders. Aus about 60mil MYr. EW london has lots more to distribute as all cash have been pumped into ew london meaning once the sales completed for woking etc, they might return you capital + margin since there are no upcoming projects. Best scenario is collect all dividends and wait for privatization.

Posted by Realrich > 2023-09-25 13:50 | Report Abuse

29 sep payment date after that no more cash to distribute some more the London project is lose maker don't think will have any margin on London project

Posted by Realrich > 2023-09-25 13:52 | Report Abuse

If they have enough cash why the just announcement a promise of Dec 6 cents but not announced the entitlement date. Because this is not confirm need to see the inventory they sold during that time

Posted by soon9913 > 2023-09-25 14:03 | Report Abuse

Realrich, div is not certain until the mgt declare it ... their cash level is also dependent on their sales

Posted by soon9913 > 2023-09-25 14:05 | Report Abuse

Realrich is right

Posted by Kevin17 > 2023-09-25 14:55 | Report Abuse

Definitely depends on the sales aduh.. but people still care about margin or not margin.. still cannot see the whole picture of ewint. make sense also if not why the share price is low.. dont care about the share price. the so called 'dividend' is more attractive than the share price. can you get free tickets from other counters in bursa? get back the capital and the rest is earning. rules no1 - dont lose money. rules no 2- follow rules no1. Just my noob advice tq

Posted by Kevin17 > 2023-09-25 14:57 | Report Abuse

if the share price today is 1.20, i would not buy. look at the price today, maybe not so cheap compare to last dec but still cheap enuf.

Posted by Kevin17 > 2023-09-25 14:59 | Report Abuse

I foresee 50 cents dividend for the next 2 years. lets see after that

Posted by Kevin17 > 2023-09-25 15:01 | Report Abuse

same calculation as arsenal93. Ballymore already done enough funding for EWLONDON. The inventory leftover will be distributed out. Same scenario goes to AUS. For EW london, they will return capital back to shareholders if they want to. Meaning money return from EW London is counted based on GDV. Unless there are future projects. Let me confirm with the management next AGM. =)

Posted by Kevin17 > 2023-09-25 15:03 | Report Abuse

whether there is margin or not from the projects, there are still tons of cashflow inside. Dont forget it is debt free company.

Posted by Realrich > 2023-09-25 15:08 | Report Abuse

The company need to share losess of JV

Posted by Kevin17 > 2023-09-25 15:19 | Report Abuse

The losses from JV is not from JV. Its the marketing cost from SDN BHD based in Malayis. see the structure. JV nvr show their PNL. if not MYR 2.8b how to generate the sales in UK calculated in B Pounds. think about it

Posted by Kevin17 > 2023-09-25 15:20 | Report Abuse

Im open for discussion as long as the joker not here. pls share your thoughts here =)

Posted by soon9913 > 2023-09-25 15:20 | Report Abuse

current value compare to IPO price is still expensive, but comparing to current price i.e.38cents is cheap

Posted by Kevin17 > 2023-09-25 15:24 | Report Abuse

Cash from JV never declare as dividend. As repayment amount owing from JV instead.

Posted by arsenal93 > 2023-09-25 15:28 | Report Abuse

looks like you are from accounting background

Posted by Realrich > 2023-09-25 15:40 | Report Abuse

JV P&L is making losses this is confirm and company are sharing their losess

Posted by soon9913 > 2023-09-25 15:43 | Report Abuse

hahaha NTA ady more than IPO price if making profit

Posted by value101 > 2023-09-25 15:46 | Report Abuse

ye.. ppl dont get it the accounting treatment here.. take ur dividend.. enjoy the party. thats it. value investing you been looking for, value investing it is now. More dividend to come, like what i said before. ewint is a cash cow company.

Posted by Realrich > 2023-09-25 15:46 | Report Abuse

https://www.klsescreener.com/v2/stocks/financial-report/5283/2023-07-31

Posted by Realrich > 2023-09-25 15:47 | Report Abuse

Go page 1 share losses of JV 25158000 stated at page 1

Posted by Realrich > 2023-09-25 15:49 | Report Abuse

If everything look at NTA tall the bursa high NTA share why the share price is below NTA a lot

Posted by vespa > 2023-09-25 16:13 | Report Abuse

not sure why those who keep knocking the share are still here yelling ..move on to a stock that gives you positive vibes

Posted by Kevin17 > 2023-09-25 16:22 | Report Abuse

i dont expect him to understand the accounting treatment for IHC. NTA do not apply in property developer stocks anyway to be fair

Posted by Kevin17 > 2023-09-25 16:22 | Report Abuse

another fellow nvr attend agm -.-

Posted by Kevin17 > 2023-09-25 16:25 | Report Abuse

everyone can say about they are making losses is understandable but no one can answer me ewint how to become debt free and generate tons of GDv sales with their initial cash. I am really looking forward to see who can asnwer me.

Posted by Kevin17 > 2023-09-25 16:25 | Report Abuse

IF they are not making money

Posted by soon9913 > 2023-09-25 17:05 | Report Abuse

tmr 40cents!!

Posted by Plantermen > 2023-09-25 17:53 | Report Abuse

I may be wrong. EWI initial IPO was set at 1.20 per share. With the seed funds raised from their IPO. EWI invested the funds in land banks centre in London, Melbourne and Sydney area. They buy the land banks when the MYR was relatively stable and firm vs the Pound and Aud. Fast forward the losses brought forward by their JV projects impairment was write off. Unlike in Malaysia and certain parts of Asia. Properties in overseas { UK operations} you need to complete and finished the projects before they are allowed offer { for sale to the public.} Unlike our local properties scenario sell first before building it. After holding the development properties the last 2 - 4 years { delayed by the pandemic} the wait is over. Now EWI has in hand stock units which they can sell plus unutilised land banks { which they can hold or dispose off as and when is favourable. Right now our MYR vs Pound is at a new low { 5.73 } MYR vs USD { 4.70}. With the cash generated they can redeem and paid back whatever MYR borrowings. EWI income is in Pound and Aud. Impairment can be write back as and when circumstances permit. Land development projects takes betw 3-5 years { depends on the sizes}

Posted by Phoebe > 2023-09-25 20:19 | Report Abuse

Realrich, my figure not wrg le. U looking at half empty glass. I look at it as half full. Read the entire report le. Hint, EWINT achieved RM1,003 million sales in the first 10 months of FY2023. This, plus reserves of RM157 million, add up to a total of RM1,161 million which places the Group largely on track to achieve the sales target of RM1.4 billion for FY2023. wink ! wink! ...@^_^@ meow

Posted by Realrich > 2023-09-25 21:17 | Report Abuse

Your figure is base on July Q3 and dividend payout 33cents is 29 September need to deduct 730m payout

Posted by geary > 2023-09-25 22:00 | Report Abuse

EWINT:
1. Cash/Floor Value: approximately @0.385.
2: Holding the ticket on average @0.36/share.🤔
3: Hold for 200SMA, probably market value much higher than Now🙏
Disclaimer: Trade at your own Risk 👌

Posted by RISK8888 > 2023-09-25 22:08 | Report Abuse

Give us back all cash and close shop. Scrap all the new launch, dispose all landbank. Don’t waste time.

Posted by Realrich > 2023-09-26 08:00 | Report Abuse

I buy this share 30cents and sold 38 cents 2 day ago so I think I will wait Dec to buy again

Posted by RISK8888 > 2023-09-26 08:24 | Report Abuse

Realrich, why run so fast. I see you so confident suddenly change mind?

Posted by Realrich > 2023-09-26 08:37 | Report Abuse

After Q3 announcement the nextday someone told me 0.38 is restricted. Furthermore I buy 0.30 I sale 0.38 take profit first and US market drop so I sake first wait Dec buy again

Posted by RISK8888 > 2023-09-26 08:57 | Report Abuse

smart decision, go for other good share. this ewint no hope.

Posted by Realrich > 2023-09-26 09:08 | Report Abuse

Okay see you all guys goodluck wait me come back Dec

Posted by soon9913 > 2023-09-26 10:00 | Report Abuse

2023-09-25

Insider

TAN SRI DATO' SRI LIEW KEE SIN (a substantial shareholder) disposed 4,407,300 shares on 22-Sep-2023.

2023-09-25

Insider

TAN SRI DATO' SRI LIEW KEE SIN (a company director) disposed 4,407,300 shares at 0.371 on 22-Sep-2023.

2023-09-22

Insider

TAN SRI DATO' SRI LIEW KEE SIN (a substantial shareholder) disposed 353,600 shares on 21-Sep-2023.

2023-09-22

Insider

TAN SRI DATO' SRI LIEW KEE SIN (a company director) disposed 353,600 shares at 0.370 on 21-Sep-2023.

Posted by soon9913 > 2023-09-26 10:01 | Report Abuse

boss keep selling huge quantity, not a good sign also.

Posted by soon9913 > 2023-09-26 10:01 | Report Abuse

Okay see you all guys goodluck wait me come back Dec

Posted by RISK8888 > 2023-09-26 10:16 | Report Abuse

soon9913 also cabut? why so fast, belum TP 0.50 lagi.

Posted by willee2 > 2023-09-26 10:23 | Report Abuse

sell n cabut la

Posted by Jonathan Keung > 2023-09-26 10:30 | Report Abuse

Tan Sri Liew consolidating his EWI under Ecoworld capital. Preventive move since Guocoland ( HL group } thru GLL EWi is the single largest holder at 27%. For standard accounting practice you need to hold above > 30% before you can consolidate the share under your group. You need a tax professional to work out pro and con before triggering any GO under our local bursa rules

Posted by soon9913 > 2023-09-26 10:38 | Report Abuse

RISK bro, i will be back. stay tune! this round made 85% first.

Posted by soon9913 > 2023-09-26 10:47 | Report Abuse

wait and see if boss still selling huge stake or not lo....

Posted by RISK8888 > 2023-09-26 11:06 | Report Abuse

Jonathan, what is it mean? someone is trying to gain control of the company?