Hi Fortunemaster, yes, that is what I thought, not easy to build the base in foreign countries, sail through all these years ups and downs, and if you check the portfolio of the main share holders since 2017 inception, one behind it are one of the most successful bankers in Malaysia. And if you check the change in share holder interest, I didn't see any change in their share interest since 2017 (please correct me if I am wrong). These tycoons keep it intact, so that I still keep faith and believe it will gloom into something bigger, and I think it will rise up better than IPO price, riding on property sector rebound, boosted by low borrowing interest environment. Malaysia is currently a bit stagnant in the property market, but not that much in Australia and UK.
by the way, i have averaging down my cost during Covid EWINT Share slump...and current share price is not far from my investment cost. I would suggest fellow share holders here, may do the same, nibble bits by bits to slowly averaging down your buying price, especially during the down moment of the market...But be prepare to hold it for sometimes to come.
hi SIMS, appreciate your sharing. Yes, end 2019 record earning should gloom the share price to highest but it didn't. Upcoming Q Financial earning to be released this month depends on new units hand-over an delayed hand-over.
Yes, there are uncertainty ahead, Dividend and Brexit, whether first time Divdend can be materialized yet to be seen, Brexit is in final critical discussion.
But we do not know the entire development and new ventures of the company, not so straight forward like what we think. Many stocks counter showed up unexpected profit and business strategy which lead to a share soar without many of us our awareness.
What I would like to share is that, the main share holders behind are such a reputable figure that I do not think they invested such big amount of money, just to see it continue to slump over the years to penny stock, with no good return at the end. The founder may have hard time to convince the main investor anymore if the share of EWINT continue to dip with no rebound.
Congratulation to your MUCH LOWER buying price than current share price. Whether to cash out or hold still, is never wrong or right, we can choose to cash out of course, or keep tight. I have shared what I feel and my faith with Ewint still. And of course, we need to analyze and study, and decide for own decision to sell of keep.
We are not God nor we are insider that can foresee the share trend,in fact, as a matter of fact, many people lose in the share market. Majority lose, and only a very few make real gain, and even fewer make big gain. We gotta do our own study, analysis, and keep faith of our decision to keep or selling some stocks.
Lets hope we make gain in this volatile share market, sharing our thoughts and analysis, together we make gain, for a better life for our family and beloved.
this share also stockpickto2 share de,they collect so many jo ago,always goreng run goreng run de,this time goreng high some run lol,this time maybe only ar
Shark already goreng and run, you all can see a very big candle there. God bless those who still holding this stock. No one will chase buy anymore, share price is over value already
The uptrend is intact. Yesterday selling volume was the same as earlier 3 trading days volumes combined. It was a healthy correction. This is not a trading counter and minimum fair value for this counter is at IPO price of RM1.20.
I have same feeling as Warchest, think it is a correction. Over last few days, it was up from 45sen++ to highest 60 sen ++, the correction now paves way for more low entry price, still, you see it stand films at 51 sen ++...A slow and gradual share rise, is definitely healthier than a sudden shoot-up in share price. If it shoot up fast, it may drop back fast too...I would prefer having a slow gradual share price up bit by bit, but steadily, rather than a sudden shoot up n drop back heavily. I think I will be worried if the share price drop back to 43 sen ++.
Brexit deal or no deal, uk itself is still an independent country on its own (the current & future potential are still very substantial) . my understanding is, UK & EU still can follow the independent model of an agreement like Canada & EU, Australia & EU (depand on their willingness) . Since the EU currently is looking for any opportunities of joining the RCEP ( Asian + 5 countries - the biggest market in global), i think there will "Not Be" any of these Asian + 5 country would accept EU condition of accepting their fishing right in any of the asean country water, Neither would accept EU rules is to be follow in the event of dispute or EU policed policies to be follow and adapted to asian country (according to media source on brexit sticking points). With the EU annual Gross domestic product (GDP) recorded shown , the only more potential countries in EU are Germany and France, but some of the others are still in deficit. That is why I personal thought is that, ewint is still very potential in short term (as the result is coming out in a very near team after planting for 4 years), middle term and long term (can divert more development into others countries as well).Future Uk still has a strong economic growth and by taking back the control of its own country rules and policies, they can adjusting their future policy to adapt on economic growth in the near future (Even with the Asian + 5s - China, Japan, Korea, Australia and New Zealand ) since UK already on agreement with some of this country like Japan.
With the pendemic hard hit the economy of EU countries members, they really need a longer term to recover, whereby the UK starting their vaccination now and economic recovery is already on tract . Although they might encounter some small pressure from a few company whose might or might not thinking of withdrawing from uk.
Yes, Brexit with deal or not i doesn't matter to the UK. But just that property developers like EWINT waiting for greater certainty on prospects before embarking on new developments
now price is about to recover from low, it been dropping since IPO....after waiting for so long, now is opportunity to average down the price. For new comer, this is best time to start buying. Next year sure is a booming year.
Normally it announce mid month. Wondering why this Q so late. Not so gd news n nd to wait till last day? Want like that meh? In the spirit of Christmas, reward la shareholder with big dividend.
"The lower PBT reported in 4Q 2020 was mainly due to lower share of results in joint ventures and impairment of goodwill in relation to the investment in a United Kingdom (“UK”) joint venture and West Village project totaling RM77.23 million in the current quarter. "
Run fast if you are short term player.
I love the fact that admin expenses is down. Wonderful company.
“By the 1st quarter of FY2021, we would have commenced handover of Yarra One in Melbourne. Once that has been completed, we would have effectively delivered to purchasers the bulk of the portfolio of projects we started with when we were listed in 2017. This will release substantial amounts of cash and following repayment of the respective project loans, we intend to repatriate some of the cash / profits generated for dividend declaration by EcoWorld International in FY2021,” Teow continued.
"EcoWorld International has set a sales target of RM2.2 billion for FY2021 which takes into account the expected gradual economic recovery and market sentiment in the United Kingdom and Australia. The target will be revisited if the property markets conditions change significantly."
I am disappointed too... Thought the share price would rise by this Quarter result out...But result no good. HOw would LKS gonna face his investor e.g. HL boss who invested alot in his venture?
And I bought it during IPO, though average down this year, the current price still much lower than my average buying price, and its already been 4 year since 2017...its doing down slowly...it is so disappointed...what is LKS planning in his mind? what should be early investor do? sell off now?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
drkelvin20
694 posts
Posted by drkelvin20 > 2020-12-08 13:43 | Report Abuse
Hi Fortunemaster, yes, that is what I thought, not easy to build the base in foreign countries, sail through all these years ups and downs, and if you check the portfolio of the main share holders since 2017 inception, one behind it are one of the most successful bankers in Malaysia. And if you check the change in share holder interest, I didn't see any change in their share interest since 2017 (please correct me if I am wrong). These tycoons keep it intact, so that I still keep faith and believe it will gloom into something bigger, and I think it will rise up better than IPO price, riding on property sector rebound, boosted by low borrowing interest environment. Malaysia is currently a bit stagnant in the property market, but not that much in Australia and UK.