Cheapest valuation in terms of PE ratio and growth prospects. Flexible developer with mainstream to luxury projects and with sustainable concepts. Lumpy revenue and profits due to accounting standards in UK and AUS but on thing for sure they started to recognise a substantial cash in their joint venture entities. Year end is coming and based on historical trend, it will move upward
This time its uptrend try to test its immediate resistance of RM0.45. It was a nice long candle yesterday. Announcement of quarterly results in mid of Dec 2020. Hopefully this time around the uptrend is for real
Totally agree, UK and EU can't have further economic turbulent after pandemic. Both need stability with this agreement. Right time to average cost down. Cheer..
if china tightens it fist further on HK, I wonder will it actually encourage more Hongkong'er to migrate to UK. Anyhow they were once ruled by the British and UK has used to be one of the destinations in favor of HK ppl. Seem like good news for property in UK.
I don't really like to engage in pointless negative verbal exchanges but i feel we should always remind other investors to always be patient and do not fall into unnecessary fear from the baseless claims made from people such as nekosaan. I've collected double of what i have when it fell into 0.38 despite it dropping further to 0.36. But at this volatile time, it is very crucial to remind ourselves why do we invest into a particular stock, whether it is based on speculations or actual numbers.
I'm not saying the share price will continue to go up nor i can guarantee that it won't fall back to the lower levels. However this is part of share trading and we just have to persevere if we are confident.
So... in your face in a way nekosaan.
"nekosaan greentrade_100 @nekosaan, judging by how persistent in you trying to encourage people to dispose the shares since last year. Either you have lost a great deal of money in this counter, which you do not want to enter into the counter again, but at the same time you do not want other people to earn money from this counter as it will prove that your earlier decision was unwise, OR you know something that we don't. Otherwise, i do not see any reasons for someone like you to comment relentlessly on just these few counters such as AAX, Gpacket, and EWINT.
Yes, the counter is trading in an underperforming way, but its revenue and profit recognised so far hasn't been disappointing. In this case, i do not see any reason for you think that this stock is HABIS. 25/09/2020 3:00 PM
This was the BBC news about the homes shortage in uk before the pendemic on Feb 2020. Beside this, for sure part of the 3.5 millions (holding uk passport) hongkee might also looking for uk property (to invest or settled down) as they have been offer for PR and eventually citizenship.
closing unchanged at 0.495, good support. +ve brexit outcome easily push up above 0.55 next week, however, no deal brexit would trigger panic selling. ( Boris Johnson and EU Chief to hold emergency call as brexit talks paused )
Need to ask all the senior holders here for this question:
I subscribed EWINT through IPO many years ago at the IPO price. I stopped monitoring its performance through my Interpac trading platform since few years ago as its performance was so negative.
And then I checked back EWINT again lately upon its revival and to see my average buy price for EWINT is 0.65.
My bad for not tracking it frequently but can anyone here explain the reason my average buy price is 0.65? I bought them through IPO which was >RM1.00 that time.
Did EWINT do anything to adjust its price or something wrong with my account?
BeCalm-The Company didn't do any corporate exercises to split its share base since IPO. If u never average your price than the only possible reason it was due to migration to another trading account. During the migration, the cost will automatically set at the date of migration. Tq
Dear Be Calm, check with your broker film, you will have answer. by the way, it maybe a bless if you incidentally bought more shares in the past to average down the price.
Me too, i bought this stock in 2017, during property peak, and ever since, share price still keep dropping with no dividend, plus bad talk on the main share holders in the other counter-ecoworld. and at one time, i was pondering if i need to cash out. But instinct told me, the share will rebound, because never a news announcement on the main share holders selling giving up their shares...and after checking, knowing that even one of tycoons and banker too invested in this company back then, and this banker through its developer arm hasn;t called it quit yet...there must be something glooming with this company.
and if this main share holder invested in ewint back in2017, say at a reduced IPO price of rm1, to recoup the investment modal, the counter need to be pushed to at least rm 1...and That is why I keep my faith in this counter, despite some urging to give up this counter.
I have faith that this counter will up to rm 1.5++ or higher, only that the main share holders will recoup enough profit through the huge investment they put in, join ventured with the founder to build up this international developer. what i would think.
I think now is just beginning of a slow rebound...though up and down at times, but the average should be higher and higher gradually in upcoming months...Dear fellow share holders of this ewint, lets keep faith, hold tight, don't leave, hold tight till the share up to rm 1.2++
common sense tell me that, over 4-5 years (2017-2021), take moderate interest of 4-5% annualy, the share price should be up 20-30% at least, compared to the IPO price. The founder would not want to disappoint the tycoon investors join venture with him, with anything lower than the afore-said return to them....that is my feeling, and I would like to share with my fellow share holders here.
Many thanks to those sifu whose have given many positive view since then. In my opinion (please correct me if I am wrong) , I think this company seem to has a good fladship, if their capabilities to expand into UK and Australia property development market in such a short time and capable to sail through the UK election in 2018, got through the turbulent of getting a brexit good deal and pendemic crisis (still can provide an outstanding result) then I think with the RCEP just signed (Asian + 5 countries), with their good team and right people, they might even venture into others possibility country.
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https://bdaily.co.uk/articles/2020/11/16/east-london-housing-firm-unveils-masterplan-to-build-more-than-1800-homes