Posted by 2Invest > 2018-09-19 20:09 | Report Abuse

I think it's good for us to stop Non-Productive & Nonconstructive arguments here. Don't prove anything but to further improve our portfolio's performance. Overall, Mr. Market will be the only one right & the only winner at all times.

Hong Leong is such a big group but not all biz is good. Mr Quek also had bad experience in investing TH Heavy Engineering. Hope this is not the 2nd :).

WB also had bad experience on Tesco & others. KYY & Fong SiLing also had couples of failures before.

We can't control price but can reduce risks. Let's handle investment risks handsomely.

Cheers everyone!!!

Posted by alextan5680 > 2018-09-19 21:08 | Report Abuse

Stupid jon keep ur bad mouth shut

Posted by zhen wei & JP > 2018-09-19 22:07 | Report Abuse

https://www.bloomberg.com/news/articles/2018-09-19/london-house-prices-post-biggest-drop-since-2009-in-july?srnd=premium-asia


London house prices posted their biggest drop in almost a decade in July.

Posted by GoldenShares > 2018-09-19 22:14 | Report Abuse

: )

Posted by zhen wei & JP > 2018-09-19 22:29 | Report Abuse

Let me summurize,

Unbilled Sales @ RM 6.102B


Current debt after deducted from IPO - RM 268M
Cash Holding - RM 477M

Posted by zhen wei & JP > 2018-09-19 22:50 | Report Abuse

WHY QUEK INVEST 700m?


Before Ecoworld international was listed they have debt of 1.2 Billion.
which have been reduced by IPO significantly.

imagine how big is 700m, how if ecoworld turnaround and sold all their prop?
what will happen next?

as a investor we must study the past and predict the future.

Posted by Huat1 > 2018-09-19 22:53 | Report Abuse

Can invest

Posted by zhen wei & JP > 2018-09-19 23:05 | Report Abuse

50/50

The issuence of bond to private investor at 6.3% coupon rate.
Maturity 3 years.

dividend need to wait their debt clear.

by 2021 ecoworld need to hit their sales target. Debt will compounnd if they are not able to turnaround.
It's like standing on a thin line.

Posted by Icon8888 > 2018-09-20 09:18 | Report Abuse

Dividend will be paid when the accumulated losses had been offset

Not dependent on borrowing retirement

Which PLC does not have borrowings ? They still pay dividend

Posted by 2Invest > 2018-09-20 09:32 | Report Abuse

https://www.fundsupermart.com.my/fsm/bonds/view/9432

Just to share. To the rest who are not aware of bond issued by EWI, the above is link for your reference.

If some of you curious why 6.5% & not 6.3% mentioned by ZW & JP. The 0.2% "Telan" by bank. :)

MahSing did the same last coupon rate at 6.9% but MBB can only offer me at 6.7%. :)

Cheers everyone!!!

Posted by Investar2862 > 2018-09-20 09:47 | Report Abuse

Please share/comment more.
Boss will push up the price when more people pay attention to this stock

Posted by Icon8888 > 2018-09-20 09:47 | Report Abuse

BTR is actually damn good. It allows Ecoworld to book in profit as it progresses , instead of only upon completion

The buyer also make progress payment , so Ecoworld does not need to fork out much. It only needs to pay for the land at initial stage

Thumb up

Posted by Huat1 > 2018-09-20 09:50 | Report Abuse

Wah 1.11 already

Posted by Huat1 > 2018-09-20 11:25 | Report Abuse

Price On day of listing was around 1.3
Now we still got more than 20% discount:D)

Posted by Yael Jasper > 2018-09-20 11:42 | Report Abuse

Happy ! Good profit everyday hehehe

Posted by nekosaan > 2018-09-20 14:32 | Report Abuse

Jon Choivo NAH !

Posted by Huat1 > 2018-09-20 17:19 | Report Abuse

QR profit increased 143%

Posted by Huat1 > 2018-09-20 17:21 | Report Abuse

Sorry...EPS

Posted by alextan5680 > 2018-09-20 17:47 | Report Abuse

Good start for ewint to turn profit

Posted by siewnam > 2018-09-20 17:47 | Report Abuse

EPS not even half sen , .. nothing to shout about.

Posted by alextan5680 > 2018-09-20 17:51 | Report Abuse

More to come,dumb dumb hold& have more patience,see all of u at top at 2020

Posted by Huat1 > 2018-09-20 17:59 | Report Abuse

Share price will always go first :D)

Posted by Icon8888 > 2018-09-20 18:19 | Report Abuse

it takes time. Treat this as investment, not punting. We know the direction it is heading, just need some patience

Posted by kyy_superinvestor > 2018-09-20 18:44 | Report Abuse

i will dumb tommrow...bye...dissapponted qr

Posted by Calvin882 > 2018-09-20 19:12 | Report Abuse

It's shocking.. haiz..

Posted by Si Min Tan > 2018-09-20 19:42 | Report Abuse

Eco World Development Group Bhd’s sales have more than doubled to RM2 billion in the three quarters ended August 31 2018, from RM923 million recorded in the first six months of the financial year.

Posted by GoldenShares > 2018-09-20 20:25 | Report Abuse

wow, 2morow up up up, huat ah, ha ha

Posted by sank > 2018-09-20 20:43 | Report Abuse

I told you so

Posted by einvest88 > 2018-09-20 20:45 | Report Abuse

EWI...36m profit from joint venture with zero revenue recognition from sales, 2.5b billed sales waiting to recognize and report in d coming quarters. Total outstanding unbilled sales remain more than 6b+...Acquiring Be Living will going to build 8000 units more with GDV GBP4.1b...2nd stage of acquiring Be Living in the pipeline. Later add in more from joint venture with US Pension Fund...more acquiring in Australia market...u will see how EWI grow in the next few yrs...

Posted by Investar2862 > 2018-09-21 07:39 | Report Abuse

EcoWorld Malaysia’s sales rebound strongly following #OnlyEcoWorld campaign

EcoWorld International records maiden profits in 3Q 2018

FY2018 RM6.5 billion EcoWorld brand combined sales target maintained

Posted by Investar2862 > 2018-09-21 07:42 | Report Abuse

KUALA LUMPUR:
Eco World Development Group Berhad (EcoWorld Malaysia) announced today
that following the launch in June 2018 of its #OnlyEcoWorld campaign accompanied by the EcoWorld Help2Own (EW-H2O) financing package, its sales have rebounded strongly. As at 31 August 2018 total sales achieved has reached RM2 billion, which is more than double the total sales of RM923 million recorded in the first six months of the financial year.

Posted by Investar2862 > 2018-09-21 07:50 | Report Abuse

On the financial front, revenues from sales of EcoWorld brand properties in Malaysia also grew strongly.

As at 3Q YTD 2018, RM1.55 billion revenue was recorded by the Group’s subsidiaries and RM705.4 million recorded by its Malaysian joint-ventures of which the Group’s effective share, based on its equity stakes in the respective joint-ventures, amounted to RM374.8 million.

This contributed to the steady growth in EcoWorld Malaysia’s core earnings – its Core EBIT (Earnings before Interest & Tax) grew by 10.9% from RM64.7 million in 3Q 2017 to RM71.8 million in 3Q 2018 whilst Core PBT for 3Q YTD 2018 was 6.2% higher than 3Q YTD 2017.

The main reasons for the improvement in EcoWorld Malaysia’s Core EBIT and Core PBT include the following:
• Commencement of revenue and profit recognition by all of the Group’s joint-venture projects,
• 52% reduction in selling & marketing expenses (3Q YTD 2018 vs 3Q YTD 2017) – this is due to the strategic shift by the Group towards more impactful yet cost-effective digital marketing platforms coupled with targeted on-ground marketing strategies employed by its matured projects, and
• 14.5% savings on administrative expenses as compared to 3Q YTD 2017 arising from various cost savings measures implemented during the financial year.

Posted by Investar2862 > 2018-09-21 07:55 | Report Abuse

Tan Sri Liew, Chairman of EcoWorld Malaysia said “Going forward, the prospects for EcoWorld Malaysia and EcoWorld International remain very bright. The team has worked extremely hard to turn challenges at home and abroad into opportunities to further extend our market reach and entrench the EcoWorld brand in the minds of homeowners and institutional investors. Their unrelenting pace, passion and commitment to excellence over the last five years have borne fruit as evidenced in the improvement in both sales numbers and financial results achieved in the current quarter”.

“As at 31 August 2018 EcoWorld Malaysia’s and EcoWorld International’s effective share of unbilled progress billings stand at RM6.16 billion and RM6 billion respectively. Our large number of ongoing projects, the increasing maturity of the our Malaysian landbank coupled with the growing pipeline of new projects secured by EcoWorld International also provides with us a strong foundation on which to anchor our growth ambitions. In this regard, the EcoWorld brand’s remaining GDV to be developed amounts to approximately RM86.5 billion on a combined basis – this will assure the sustainability of the Group’s local and international business model for many years to come” he added.

Posted by Investar2862 > 2018-09-21 07:55 | Report Abuse

HAPPY INVESTING.....

Posted by smalltimer > 2018-09-21 08:13 | Report Abuse

Wa div. Soon?

Posted by kyy_superinvestor > 2018-09-21 08:13 | Report Abuse

profit is real....but not impressive, i expect flat price changes today

Posted by Jeffreyteck > 2018-09-21 09:34 | Report Abuse

Profit without dividends, it means management will enjoy higher remunerations but minority SH continue to be sucked.

Posted by Calvin882 > 2018-09-21 09:36 | Report Abuse

Unfortunately profit is not high enough to justify the current price. It has to drop first.

Posted by jordanmaggie61 > 2018-09-21 09:53 | Report Abuse

Good potential stock, bought it !!!

Posted by GoldenShares > 2018-09-21 13:02 | Report Abuse

sell like no 2morow ? : )

Posted by newbiehk2014 > 2018-09-21 16:04 | Report Abuse

expectation was high and current did not reflect that.

Posted by newbie911 > 2018-09-21 18:50 | Report Abuse

Icon8888 still with ewi?

Posted by kyy_superinvestor > 2018-09-22 11:13 | Report Abuse

Mislead by the words ....maiden profit

Posted by suker > 2018-09-22 19:12 | Report Abuse

在買股票投資一間公司時，是要看一間公司的未來前景。如果公司未來的幾個季度盈利表現會越來越好。它的價值就會慢慢體顯在它的股票上。

每個股票都會出現上下波動現象。
一個真正的投資者(有耐心)是投資公司未來。(看好公司的未來選擇持有三個月/六個月或者一年/兩年)
一個真正的投機者(沒有耐心)是在賭大小。(往往在看到價格上升時就開始追高，價格下跌時擔心而選擇賣出，就這樣買進賣出在股市上)


要成為一個真正的投資者需要有耐心和做一些分析(多看多讀去多了解)。
卻記千萬不要投機！

Posted by GoldenShares > 2018-09-23 17:18 | Report Abuse

looks like big boy worry about hard brexit, : )

Posted by nekosaan > 2018-09-27 16:54 | Report Abuse

collapsed !

Posted by thek > 2018-09-27 17:13 | Report Abuse

OmG touch 1.00.... Hug tight & ready to jump together

Posted by zhen wei & JP > 2018-09-27 18:11 | Report Abuse

https://www.cnbc.com/2018/09/26/fed-hikes-rates-by-a-quarter-point.html

Fed rate increase .25 point.

Posted by GoldenShares > 2018-09-28 09:20 | Report Abuse

panic selling, scary

Posted by fourM > 2018-09-28 10:59 | Report Abuse

while people panic selling, then is opportunity for those who have buying power