ECO WORLD DEVELOPMENT GROUP BERHAD

KLSE (MYR): ECOWLD (8206)

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Last Price

0.635

Today's Change

-0.005 (0.78%)

Day's Change

0.625 - 0.64

Trading Volume

4,795,400

Entitlement

Upcoming

Happening

Ann. Date Ex Date Type Subject Amount
Discussions
24 people like this. Showing 50 of 18,408 comments

prudentinvestor

Sentiment seems to have changed overnight. Still no support. May fall below 70 sen.

1 month ago

abcd11111

Post removed.Why?

1 month ago

Awence

Hongpleong which holds 25% is selling off.. Reason :internal restructuring.... Wondering...

1 month ago

pathfinder

Volume is too low to accommodate a big fish like that.

1 month ago

dragonz98

@Awence
Internal restructuring just left to right hand. No selling off.

GLL EWI (HK) LIMIT still hold 648,000,000 27.00% of EWINT (5283)

1 month ago

dragonz98

https://www.theedgemarkets.com/article/hong-leong-group-moves-27-stake...

Hong Leong group moves 27% stake in Eco World International from flagship company in restructuring exercise

1 month ago

SomaCruz89

This is last year's news. Outdated

1 month ago

awesome20

old but got new rumor

1 month ago

pathfinder

Its also the wrong company. If you look at Ecoworld international's price, it hasn't fallen much. The slide started on the day BNM increased rates by 0.25%. I note that the fall was in relatively low volume and there were no significant high volume before that. Whatever the reason is, I hope that it will turnaround soon.

1 month ago

Awence

Low volume that triggers such a huge decline..... Wondering... Wondering... Wondering

1 month ago

Jonathan Keung

Yup. No volume yet the price drop like a shit. Possibilities of force sale by banks on the owners shares pledged with them. ordinary shareholders will not sell when the company at this low price. Most property needs financing for their development

1 month ago

wallstreetrookie

Ecoworld is the easiest short on Bursa right now. Biggest market opportunity on KLSE 2022
Interest rate hikes will hurt property development companies the most. No more free money to keep building useless buildings

1 month ago

wallstreetrookie

RM0.50 price target

1 month ago

pathfinder

I don't think that interest hike of 0.25% or even 0.5% should have caused such a fall. The end effect is a reduction in net profit of only RM2700 million debt x 0.25% x 0.7 = RM4.7 million a year. This is insignificant and immaterial compared to the annual profits of 180 million in 2021.

1 month ago

1pingpong

another interest hike will come before year end. mau drop again ah....0.50 kua ini macam

1 month ago

wallstreetrookie

Short Ecoworld

1 month ago

imvu

oh no ?

1 month ago

prudentinvestor

Has been dropping for almost two months now. Looks like it still hasn't reached the bottom yet but should be quite safe to invest at this level.

1 month ago

Havefun

Is it due to the bonus issue?

1 month ago

tts752

what happening?

1 month ago

1pingpong

pls drop further to 0.55 range... my basketses waiting for you

1 month ago

carimakan

aiyoo boleh smp 0.55 sen ka? pengsan ini maciam.

1 month ago

prudentinvestor

It didn't drop below 70 sen recently, hopefully it has bottomed out and en route to recovery. Hopefully I am right.

1 month ago

pathfinder

prudentinvestor is probably right.

1 month ago

Legend

Sapu la...apa tunggu.

1 month ago

Legend

Hijau yang cantik

1 month ago

wallstreetrookie

Ecoworld price target: RM0.30
Interest rate hike will impact property development company the MOST. No exception. Even 0.01bps hike will severely damage Ecoworld's profit margins. Whoever is optimistic on this company is insane

4 weeks ago

wallstreetrookie

Sell it all. Don't fall in love with a stock. Sell. It. All.

4 weeks ago

wallstreetrookie

Sell before insiders dump more. Don't let them dump their shares on you. Let it free fall. Institutions will keep creating fake bear rally and bounces to entice dip-buyers. Sell. It. All.

4 weeks ago

wallstreetrookie

Short-sell

4 weeks ago

RWG

ringgit drop, many foreigner will buy house in msia

3 weeks ago

investor001

The upcoming quarterly report is expected to be good. If the company can earn at least 60 million and announce at least 2 sen dividend, the share price will be on uptrend again.

3 weeks ago

Havefun

Can any kind soul there enlighten me how the bonus issue warrant work? I am so confused.

3 weeks ago

Brutus

Solid QR! Thank you for the generous dividend!

2 weeks ago

prudentinvestor

If Ecoworld can maintain its earnings in the final two quarters and declare another 2 sen as final dividend, it is trading at a prospective PE of around 10 and a dividend yield of almost 6%. What more do investors expect?

2 weeks ago

Brutus

@Havefun, the Free Warrants are given to eligible shareholder the right but not the obligation to exercise the warrant into mothershare @ RM 1.16 per share within the 7 year's time frame.

2 weeks ago

wallstreetrookie

Bad earnings

2 weeks ago

wallstreetrookie

Ecoworld Maintain Underweight
Long term price target: RM0.30

2 weeks ago

wallstreetrookie

Bank Negara will raise another 50bps in July

2 weeks ago

BILLC

30 sen impossible,,,,,40 sen maybe,,.,

2 weeks ago

wallstreetrookie

30 cent is possible

2 weeks ago

prudentinvestor

Short 1 million Ecoworld shares now. If it drops to 30 sen, you get a Mercedes for free. Why are you still waiting?

2 weeks ago

samyipwl

Company performance is acceptable in this QR. Property should be picking up slowly until 2023. If dividend remains at 2c every qtr, I guess is a good buy at this rate even if the gearing ratio is not too convincing. Cheers!

1 week ago

Brutus

@samyipwl, ECOWLD dividend (if any) is half yearly, not quarterly payout.

6 days ago

samyipwl

@brutus. Sorry my bad. Happy investing

4 days ago

Brutus

@samyipwl, no worries, though I do wished it was 0.02 every quarter....lol

4 days ago

wallstreetrookie

Ecoworld Maintain Underweight
With a medium target of RM0.30

1 day ago

wallstreetrookie

Sell it all

1 day ago

RWG

wait for 40sen

23 hours ago

investor001

Bank Negara will most likely increase the OPR by 25 basis points.

This is still acceptable.

18 hours ago

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