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

85,200


7 people like this.

6,190 comment(s). Last comment by compoundingeffect 1 week ago

Posted by CatchThe Bull > 2020-06-09 12:12 | Report Abuse

If you buy warrant mean you willing to pay almost 200% premium, even though 22 month maturity. Very high risk.

abang_misai

2,584 posts

Posted by abang_misai > 2020-06-09 12:14 | Report Abuse

Only buy mother. No need to sweat.

Posted by CatchThe Bull > Jun 9, 2020 12:12 PM | Report Abuse

If you buy warrant mean you willing to pay almost 200% premium, even though 22 month maturity. Very high risk.

mrmeow

350 posts

Posted by mrmeow > 2020-06-09 12:26 | Report Abuse

Anyone knows why revenue for FY2019 Q1 not recorded?

Posted by win_or_nothing > 2020-06-09 15:48 | Report Abuse

mrmeow, long stories, hint: Joint Venture

benjajaj

69 posts

Posted by benjajaj > 2020-06-09 15:58 | Report Abuse

Just entered today, I feel it's still undervalued as UK properties are looks promising & FY20&21 is recovery year for EWINT like the board said. Now enter still can ride all up :) If I didn't read wrong, coming QR will be good as some sales are finally taken into account

Edddddd

77 posts

Posted by Edddddd > 2020-06-09 15:59 | Report Abuse

Time to buy some for keep?

mrmeow

350 posts

Posted by mrmeow > 2020-06-09 16:04 | Report Abuse

@win_or_nothing , thanks for the help

RainT

8,448 posts

Posted by RainT > 2020-06-09 17:30 | Report Abuse

now buy too late?

RainT

8,448 posts

Posted by RainT > 2020-06-09 17:32 | Report Abuse

wah

seem many sifus still dare to buy after share price has risen much

think i aso buy again tomorrow

mrmeow

350 posts

Posted by mrmeow > 2020-06-09 17:33 | Report Abuse

I think u need to evaluate it yourself... haha people say not too late but if u feel too late, also stress one. If u ask me, I think can bet lo since director already said FY20 is their reversal point, projects in UK finally bear fruit. But most importantly you must evaluate

RainT

8,448 posts

Posted by RainT > 2020-06-09 17:33 | Report Abuse

from the lowest points already up 70%

Gen2

253 posts

Posted by Gen2 > 2020-06-09 18:16 | Report Abuse

Except Btr, the uk and au project is having collection problem if there is escalating cancellation, shareholders could only hope that will not happened.

abang_misai

2,584 posts

Posted by abang_misai > 2020-06-09 19:31 | Report Abuse

You think this is like booking a hotel kah?

Once the S&P signed off, it will then between Purchaser & Banker. If purchaser cancels an S&P, the bank will go after him.

Posted by JohnLabuLabi > 2020-06-09 20:06 | Report Abuse

Trueee ^

Surewin168

383 posts

Posted by Surewin168 > 2020-06-09 20:22 | Report Abuse

also. do you think director really dare to report those which are not been signed and confirmed? dont worry what is the impact? and just want short term rebound for the company share price???

Gen2

253 posts

Posted by Gen2 > 2020-06-09 22:32 | Report Abuse

No, in uk and au purchaser paid only deposit, full payment after completion. Hence chances are there they can just cancel due to property prices plummet. And, by that time ewi can withdraw the unit make it available to sell again to the public.

Goldberg

2,916 posts

Posted by Goldberg > 2020-06-09 22:37 | Report Abuse

EWI president and CEO Datuk Teow Leong Seng noted that the weak sterling has also made UK property purchases more affordable for Hongkongers. “Hong Kong has always been an important market for us."

PETALING JAYA: As property market activity in the UK picks up after a two-month hiatus from lockdown measures, the property scene is not just regaining interest from local buyers and tenants.

Enquiries on London real estate by prospective buyers from Hong Kong are expected to rise, following UK prime minister Boris Johnson’s offer to three million Hong Kong residents and their dependents the chance to seek refuge in the UK.

ECO WORLD International Bhd (EWI), which has a significant presence in the UK, has sold over £20mil (more than RM100mil) worth of properties to Hong Kong buyers, over three weekends last month.

These properties are located at London City Island and Embassy Gardens in Central London, as well as Aberfeldy Village in Greater London.

EWI president and CEO Datuk Teow Leong Seng noted that the weak sterling has also made UK property purchases more affordable for Hongkongers.

“Hong Kong has always been an important market for us.

Goldberg

2,916 posts

Posted by Goldberg > 2020-06-09 22:40 | Report Abuse

KUALA LUMPUR: There has been an increase in the number of Hong Kong buyers looking to purchase a home at Malaysian-owned Battersea Power Station in London in the past few months as UK immigration policy could pave the way to citizenship for Hongkongers.

Recently, British prime minister Boris Johnson had vowed to overhaul immigration rules to grant almost three million Hong Kong residents a pathway to British citizenship in response to Beijing’s move to impose the national security law as a threat to the city’s autonomy.

warchest

1,814 posts

Posted by warchest > 2020-06-09 23:14 | Report Abuse

RM1.1 B revenue for FY19, profit 190 M. FY20 revenue RM2.2 B, than should be easily 300 M. IPO price RM1.20. End Dec 1.10. The Company should achieve record profit. RM1.10 to RM1.20 is the minimum

abang_misai

2,584 posts

Posted by abang_misai > 2020-06-09 23:19 | Report Abuse

LKS already said in the last AGM that coming to this FY2020 ending 31/10/2020, Ewint will be reporting a record high for both revenue & profit.

Just need to sit diam-diam. Once we get 100% return, the IPO investors will only be breaking even.

Posted by escanor999 > 2020-06-10 01:12 | Report Abuse

@warchest, how you check the revenue for 2019 and 2020

mrmeow

350 posts

Posted by mrmeow > 2020-06-10 01:13 | Report Abuse

@escanor999, I think Q1 report got write at prospects there

Goldberg

2,916 posts

Posted by Goldberg > 2020-06-10 09:38 | Report Abuse

EWI president and CEO Datuk Teow Leong Seng noted that the weak sterling has also made UK property purchases more affordable for Hongkongers. “Hong Kong has always been an important market for us.

FY2020 ending 31/10/2020, Ewint will be reporting a record high for both revenue & profit.

RM1.1 B revenue for FY19, profit 190 M. FY20 revenue RM2.2 B, than should be easily 300 M. IPO price RM1.20. End Dec 1.10. The Company should achieve record profit. RM1.10 to RM1.20 is the minimum

Prospects are looking absolutely bright for EWINT.

RainT

8,448 posts

Posted by RainT > 2020-06-10 09:53 | Report Abuse

continues on up trend

Goldberg

2,916 posts

Posted by Goldberg > 2020-06-10 10:10 | Report Abuse

EWINT has a long way to go TP 1.20 ( IPO price)

pspsun92

26 posts

Posted by pspsun92 > 2020-06-10 14:00 | Report Abuse

ewint still can up until 0.615, maybe consolidation/ranging before going higher

Glopac

65 posts

Posted by Glopac > 2020-06-10 14:52 | Report Abuse

good QR this coming quarter

warchest

1,814 posts

Posted by warchest > 2020-06-10 16:39 | Report Abuse

At around 60 plus cents it might consolidate and than later try to test it previous high of 1.10 and than IPO price of 1.20. And from there, the sky is the limit

joey

72 posts

Posted by joey > 2020-06-10 20:55 | Report Abuse

collect at low before


fly

Surewin168

383 posts

Posted by Surewin168 > 2020-06-11 09:58 | Report Abuse

fly fly fly.. lai lai lai

Surewin168

383 posts

Posted by Surewin168 > 2020-06-11 09:58 | Report Abuse

about the time to fly

Surewin168

383 posts

Posted by Surewin168 > 2020-06-11 09:59 | Report Abuse

just wait for good qr result

Surewin168

383 posts

Posted by Surewin168 > 2020-06-11 11:21 | Report Abuse

haizzz. look at it.. no energy mau climb.. will have correction

Edddddd

77 posts

Posted by Edddddd > 2020-06-11 11:38 | Report Abuse

How come got sky, Totally no sky lah if this hahaha

Posted by nickthebest > 2020-06-11 12:19 | Report Abuse

I only can see red sky now

RainT

8,448 posts

Posted by RainT > 2020-06-11 14:40 | Report Abuse

today not only EWINT is in red

most counters also in red la

RainT

8,448 posts

Posted by RainT > 2020-06-11 14:41 | Report Abuse

u need to see EWINT red is due to macro or its company problems

for today is macro due to last night USA market drop

so it is a buy

Eagle_T

90 posts

Posted by Eagle_T > 2020-06-11 15:22 | Report Abuse

In 2020 Q1 - quarterly report, they have transferred "Amounts owing by joint ventures" of RM2.134 billion from Non-current assets to Current assets. By year end, EWINT will be net cash company.

Surewin168

383 posts

Posted by Surewin168 > 2020-06-11 16:47 | Report Abuse

small corrections good for future.. just stay tuned

Posted by win_or_nothing > 2020-06-11 18:53 | Report Abuse

Eagle_T, good observation, learned something, we shall see the cash coming in next 6 months

Posted by win_or_nothing > 2020-06-11 19:11 | Report Abuse

EWI will show another project named The Wardian, which faces Canary Wharf and has views of the River Thames.
Prices range from £440,000 to £1.58 million, with penthouses from £1.85 million to £2.4 million. Sizes range from 394 square feet to 1,270 square feet.
The project is more than 80 per cent sold and will be handed over to customers this August.

https://www.scmp.com/week-asia/economics/article/3088600/hongkongers-splash-out-london-property-boris-johnsons-visa

Surewin168

383 posts

Posted by Surewin168 > 2020-06-11 21:34 | Report Abuse

ok fine. someone start to spread market worried on 2nd wave of corrona virus.. and cause the Dow plunged almost 600 points

Surewin168

383 posts

Posted by Surewin168 > 2020-06-11 21:35 | Report Abuse

judge it yourself..

Surewin168

383 posts

Posted by Surewin168 > 2020-06-11 21:35 | Report Abuse

don't fall into the trap

Posted by escanor999 > 2020-06-12 00:15 | Report Abuse

@eagle, where you get the info from

Eagle_T

90 posts

Posted by Eagle_T > 2020-06-12 08:50 | Report Abuse

@escanor999, you can compare 2019Q4 vs 2020Q1 financial statement.

Surewin168

383 posts

Posted by Surewin168 > 2020-06-12 11:10 | Report Abuse

who manages to sapu more at 445.. hahaha

Posted by JohnLabuLabi > 2020-06-12 12:36 | Report Abuse

Wow ewint even tho open low manage to climb back up ! Tak sempat sapu lorr

RainT

8,448 posts

Posted by RainT > 2020-06-12 12:55 | Report Abuse

not manage to grab cheap

Posted by Steady Punpipi > 2020-06-12 12:58 | Report Abuse

ya gah

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