ECO WORLD INTERNATIONAL BERHAD

KLSE (MYR): EWINT (5283)

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Last Price

0.305

Today's Change

+0.005 (1.67%)

Day's Change

0.30 - 0.305

Trading Volume

1,231,300


7 people like this.

6,189 comment(s). Last comment by fortunefire 1 week ago

Icon8888

18,659 posts

Posted by Icon8888 > 2019-12-11 17:52 | Report Abuse

and you are a young fart that has no brain

Posted by Smart Beginners > 2019-12-11 17:53 | Report Abuse

Joke of the year thanks for make us laugh

hng33

20,450 posts

Posted by hng33 > 2019-12-11 17:57 | Report Abuse

KUALA LUMPUR (Dec 11): Eco World Development Group Bhd (EcoWorld)'s shares leaped as much 12.4% or eight sen to 72.5 sen in afternoon trade after its chairman Tan Sri Liew Kee Sin said he expects the group to close its current financial year ended Oct 31, 2019 (FY19) on a record high note.

At 4.13pm, the trading volume of Eco World shares soared to 39.81 million, making it the eighth most-actively traded counter on Bursa Malaysia. Meanwhile, its share price stood at 72 sen, bringing it a market capitalisation of RM1.96 billion.

EcoWorld's 27%-owned associate and international arm, Eco World International Bhd (EWI), saw its share price gain as much as 9.28% or nine sen to RM1.06. At 4.16pm, the counter was traded at RM1.04, seven sen or 7.22% higher than yesterday's closing price, valuing it at RM2.38 billion.

Yesterday, The Edge Financial Daily quoted Liew as saying: "Despite the so-called downturn [in the property market], this year is the best year for EcoWorld and EWI."

EcoWorld is set to announce its annual financial results tomorrow (Dec 12).

EcoWorld's net profit for the nine-month period ended July 31, 2019, rose to RM121.97 million, from RM80.69 million in the previous corresponding period, while revenue grew 2.1% to RM1.56 billion from RM1.52 billion. EWI, meanwhile, recorded a net profit of RM68.71 million against a net loss of RM23.78 million previously.

hng33

20,450 posts

Posted by hng33 > 2019-12-11 18:08 | Report Abuse

Based on news, EcoWorld is set to announce its annual financial results tomorrow (Dec 12), EWI result also will announce altogether.

mrknowled

341 posts

Posted by mrknowled > 2019-12-11 18:21 | Report Abuse

Result are booming soon. Prepared 1.4

Posted by TambahMakanBetul > 2019-12-11 19:59 | Report Abuse

.

Panorama1

971 posts

Posted by Panorama1 > 2019-12-11 20:33 | Report Abuse

Very positive statement by EcoWorld Chairman just a few days before the QR announcement. QR must be excellent. Otherwise, Management will lose all credibility

Huat 888

330 posts

Posted by Huat 888 > 2019-12-11 21:03 | Report Abuse

yes..all the way 1.50

Posted by Dato Seri John Lu > 2019-12-11 21:06 | Report Abuse

At most only RM1.20 this round

Pak Abu

1,406 posts

Posted by Pak Abu > 2019-12-12 08:24 | Report Abuse

Limitup!! Hehehe....

GoldenShares

3,541 posts

Posted by GoldenShares > 2019-12-12 09:19 | Report Abuse

wow ecow-w 2 days already 0.27, ewi-wa 0.21, underestimate local dragon, : )

Glopac

65 posts

Posted by Glopac > 2019-12-12 09:25 | Report Abuse

yeah...ecow-wa exercise value 2.000, ewint-wa exercise 1.45, but ecow-wa 0.290 now

mmk79

1,840 posts

Posted by mmk79 > 2019-12-12 09:28 | Report Abuse

Walao ewi-w still cheap cheap cheap sale compared to ewo-w already 0.30. Fast fast grap before it flies loh.

mother 1.03 vs 0.82
warrant 0.21 vs 0.30 (ewi-w lagging behind xxx times)
Conversion 1.45 vs 2.08
ratio 1 vs 1
Expiry 04/04/22 vs 26/03/22

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-12 09:29 | Report Abuse

Hit to a high of 1.06 this morning, and now drop to 0.995.
Profit taking, congrats to all who earn...

Will have further profit taking as hit a high of 1.06.
Wait till the next wave, then we ride the wave

Posted by FlyingDragon > 2019-12-12 09:30 | Report Abuse

Oh dropping now

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-12 09:40 | Report Abuse

FlyingDragon Oh dropping now
12/12/2019 9:30 AM

Flying Dragon : no worry , just flush out the contra players / or day traders only.
We are serious investors in Ewint, just hold for long term, at least until next year.

I just top up a bit more at 0.98

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-12 09:41 | Report Abuse

As i said just now, the next wave, start, lets ride the wave now fr 0.965 up up to 0.99 now...
wave starts...

Posted by Smart Beginners > 2019-12-12 09:41 | Report Abuse

Dropping with small volume

mmk79

1,840 posts

Posted by mmk79 > 2019-12-12 10:07 | Report Abuse

As of now. Where's the logic??? ewi-w should be at least 0.35 by now.

mother 0.99 vs 0.78
warrant 0.20 vs 0.275 (ewi-w lagging behind xxx times)
Conversion 1.45 vs 2.08
ratio 1 vs 1
Expiry 04/04/22 vs 26/03/22

GoldenShares

3,541 posts

Posted by GoldenShares > 2019-12-12 10:25 | Report Abuse

tonight, UK GE, : )

hng33

20,450 posts

Posted by hng33 > 2019-12-12 10:46 | Report Abuse

swap capital from Ecoworld to EWI, bought EWI at 98.5sen

hng33

20,450 posts

Posted by hng33 > 2019-12-12 10:48 | Report Abuse

Ecoworld international is expect to record much higher profit margin in view of strengthen in UK currency and higher lump sum value to be handover to purchaser

Pound sterling vs RM = 5.02, record exchange rate in Q3
Pound sterling vs RM = 5.39, to be record exchange rate in upcoming Q4

Pound sterling vs RM = 5.47, to be continue strength after brexit reaffirm

Posted by JackOffAllTrade > 2019-12-12 10:49 | Report Abuse

wash till clean clean

Huat1

2,509 posts

Posted by Huat1 > 2019-12-12 10:57 | Report Abuse

It is always very risky to jump into stocks that have been promoted strongly by certain parties (sifus) where they already bought at low before promoting. So small retailers must be mindful not to chase hot stocks because promoters are selling to you when you are chasing the stock up

hng33

20,450 posts

Posted by hng33 > 2019-12-12 11:03 | Report Abuse

Please refer to analysis below link

https://klse.i3investor.com/blogs/MingK/246517.jsp

Newplayer286

2,654 posts

Posted by Newplayer286 > 2019-12-12 11:25 | Report Abuse

Before result out always drop

GoldenShares

3,541 posts

Posted by GoldenShares > 2019-12-12 11:34 | Report Abuse

well said Huat1, yes Newplayer, result out always up a bit then sell like no 2morow, : )

Newplayer286

2,654 posts

Posted by Newplayer286 > 2019-12-12 11:45 | Report Abuse

Value shd be 1.15-1.20, if sentiment is good over 1.20 ipo price

Icon8888

18,659 posts

Posted by Icon8888 > 2019-12-12 11:46 | Report Abuse

My study of the company shows that in the three years FY2019, FY2020 and FY2021, the group will make profit about RM700 mil in total

If this Q makes RM50 mil, FY2019 total profit will be RM120 mil

Meaning RM580 mil in remaining two years. Which means average RM290 mil in FY2020 and RM2021 respectively. Based on 2.4 bil shares, EPS is about 12 Sen per annum

ramada

3,955 posts

Posted by ramada > 2019-12-12 11:57 | Report Abuse

2 residential blocks in London City Island & 1 luxury residential block in Embassy Gardens to be handed over in Q42019.

Net profit in final quarter could be more than RM100 mil. Let us wait & see.

Icon8888

18,659 posts

Posted by Icon8888 > 2019-12-12 12:06 | Report Abuse

Listed in 2017

IPO price RM1.20

Tan Sri Liew and Quak with have to push it to more than RM1.20, otherwise their investment will be a failure

Now that profit is coming in, Can expect a lot of Road Shows , analyst briefing etc to boost share price

mmk79

1,840 posts

Posted by mmk79 > 2019-12-12 12:16 | Report Abuse

Once the snow ball starts rolling by all the road shows, expert write-ups etc coupled with highly expected good coming and future QR , the power of people's comments in this i3 forum will kick in to further boost the share price.

----------------------------------------------
Icon8888 Listed in 2017

IPO price RM1.20

Tan Sri Liew and Quak with have to push it to more than RM1.20, otherwise their investment will be a failure

Now that profit is coming in, Can expect a lot of Road Shows , analyst briefing etc to boost share price

Icon8888

18,659 posts

Posted by Icon8888 > 2019-12-12 12:20 | Report Abuse

Yes

Most people needs all these positive info before jump in

Limbeh

253 posts

Posted by Limbeh > 2019-12-12 12:21 | Report Abuse

apa hal suspended?!

tualp

452 posts

Posted by tualp > 2019-12-12 12:22 | Report Abuse

EWINT suspended.

super911

300 posts

Posted by super911 > 2019-12-12 12:22 | Report Abuse

118M profit !

GoldenShares

3,541 posts

Posted by GoldenShares > 2019-12-12 12:22 | Report Abuse

suspended !

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2019-12-12 12:23 | Report Abuse

profit 118 Million,eps 4.93 cent

hng33

20,450 posts

Posted by hng33 > 2019-12-12 12:26 | Report Abuse

:D)

MingGoon

1,774 posts

Posted by MingGoon > 2019-12-12 12:27 | Report Abuse

Ewint - Suspended
Anyone any idea why ?
Good news coming its way !!

ramada

3,955 posts

Posted by ramada > 2019-12-12 12:28 | Report Abuse

4.93 sen. Net profit RM118.3 mil.
https://www.malaysiastock.biz/Corporate-Infomation.aspx?securityCode=5283

Posted by Smart Beginners > 2019-12-12 12:30 | Report Abuse

congratulations

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2019-12-12 12:30 | Report Abuse

Why suspended

mmk79

1,840 posts

Posted by mmk79 > 2019-12-12 12:30 | Report Abuse

WTF...............way way beyond beyond expectation........everyone just sit and hold tight tight, Ewint rocket gonna launch , fat fat liao

Posted by alextan5680 > 2019-12-12 12:31 | Report Abuse

Lovely result 118

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2019-12-12 12:31 | Report Abuse

Revenue so little?

apalumau

2,192 posts

Posted by apalumau > 2019-12-12 12:32 | Report Abuse

now suspendef afternoon limit up loh.....

Newplayer286

2,654 posts

Posted by Newplayer286 > 2019-12-12 12:32 | Report Abuse

Added ytd and today hooray

Newbieinshare

2,117 posts

Posted by Newbieinshare > 2019-12-12 12:33 | Report Abuse

Why revenue so little

Ncm88

1,219 posts

Posted by Ncm88 > 2019-12-12 12:35 | Report Abuse

Is joint venture, howvever another 30m will bill into ecoworld !

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