ECO WORLD INTERNATIONAL BERHAD

KLSE (MYR): EWINT (5283)

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Last Price

0.35

Today's Change

-0.01 (2.78%)

Day's Change

0.345 - 0.36

Trading Volume

7,325,200

Overview

Market Cap

840 Million

NOSH

2,400 Million

Avg Volume (4 weeks)

6,949,845

4 Weeks Range

0.33 - 0.44

4 Weeks Price Volatility (%)

18.18%

52 Weeks Range

0.285 - 0.73

52 Weeks Price Volatility (%)

14.61%

Previous Close

0.36

Open

0.36

Bid

0.345 x 1,076,200

Ask

0.35 x 1,760,100

Day's Range

0.345 - 0.36

Trading Volume

7,325,200

Financial Highlight

Latest Quarter | Ann. Date

30-Apr-2024 [#2] | 19-Jun-2024

Next QR | Est. Ann. Date

31-Jul-2024 | 19-Sep-2024

T4Q P/E | EY

-14.95 | -6.69%

T4Q DY | Payout %

34.29% | 0.00%

T4Q NAPS | P/NAPS

0.64 | 0.55

T4Q NP Margin | ROE

-67.18% | -3.66%

Market Buzz
Company Profile

Sector: PROPERTY

Sector: PROPERTY

Subsector: PROPERTY

Subsector: PROPERTY

Description:

Eco World International Bhd (EWI) is a Malaysia-based investment holding company, which provides management services to EWI Group. EWI Group is principally involved in the development of residential and mixed-use properties in United Kingdom and Australia, and other activities of the Group include investment holding and the provisioning of promotion, marketing, advisory and project monitoring services. The Group's customers mainly comprise individual purchasers of residential properties. EWI Group's major projects are namely London City Island, Embassy Gardens and Wardian London - residential-led, mixed-use developments in London, United Kingdom, as well as West Village, Parramatta - a mixed residential and commercial development in Sydney, Australia. EWI's subsidiaries and joint ventures include Eco World Investment Co Ltd, Eco World Management & Advisory Services (UK) Limited, Fortune Quest Group Ltd, Eco World-Ballymore Holding Company Limited and Eco World ACE Co Ltd.

Discussions
7 people like this. Showing 50 of 6,178 comments

RISK8888

Dream la. If really so good why sell big portion of share at 0.33? Should sell at 0.8 right?

2 months ago

fortunefire

Quek sold his stake at a very super good discounting rate vs its ipo price.
Liew has been disposing his shares lately.
So, what do they tell you?

2 months ago

Patient Investor

may be dreaming, but that's my valuation :)

Different people has different capital allocation strategy, especially tycoons who have more investment apportunity than us.

You could also ask why PARAMOUNT willing to pay 0.33 if they dont value it signicantly higher. and PARAMOUNT is known to be conservative.

2 months ago

geary

Patient Investor.
You could also ask why PARAMOUNT willing to pay 0.33 if they dont value it signicantly higher. and PARAMOUNT is known to be conservative.
Oh...suddenly up...probably Mr. Market just wake up... property will rebound...interest will go down...USD will go down...by the Mr. Market is unpredictable 🤓

2 months ago

Patient Investor

I don't have the ability to predict the market 🤓

2 months ago

geary

Intrinsic Value:
Overall, it is a good news for EWINT, we see all the...
3 property tycoons in this Group, namely
1. Tan Sri Liew,
2. Quek Leng Chan and now
3. Teoh family of See Hoy Chan.
We going to see the turnaround of EWINT to record high soon!
Nobody can calculate the actual Intrinsic Value on any businesses.
With 3 big property developers, probably its management intrinsic value is upgraded.
Cash Flow quite volatile, because of cyclical business.
Plus interest rates, exchange rates are volatile.
Intrinsic Value is approximately correct only...within a range of prices or market value.
Mr. Market is unpredictable...nobody can predict the stock markets.🤓

2 months ago

Patient Investor

Tan Sri Liew trim his stake by ~20million in past one year
Ecoworld Capital buy 48million in one week

Looking fwd for development value to be unlock.

2 months ago

theong

Million $ question taking private.

2 months ago

Patient Investor

Looks like it. Increasing such high stake in such short time.

2 months ago

sunnyspoon

Buy buy more

2 months ago

sunnyspoon

6 sen dividend Dec 2023

2 months ago

fortunefire

0.5x coming?

1 month ago

newkidonthebloc

Why sudden drop

1 month ago

Killsthebear

Paramount effect gua.. sienz

1 month ago

fortunefire

hong leong big boss has businesses everywhere in overseas, and he has all the bird eyes everywhere telling him that the global property market ain't good.

1 month ago

hng33

Use balance, bought EWI at 40sen

1 month ago

hng33

Total dividend payable in 2024 and 2025 is 21sen per share, to be declared staggering with first 6 sen likely declare together with coming Q result next week

1 month ago

sell

DPS>EPS is not sustainable. Later will drop like Zhulian.

1 month ago

sell

Quek Leng Chan is smart to sell Ewint to Paramount.

1 month ago

hng33

Real estate developer Paramount Corp Bhd (KL:PARAMON) is aiming for 30% of its annual profit to stem from overseas property projects by 2030, supported by its recent acquisition of a 21.5% stake in Eco World International Bhd (EWI) (KL:EWINT), as domestic orders are expected to saturate.

1 month ago

hng33

EWI will contribute 30% profit to paramount by 2030

1 month ago

hng33

added more ewi at 39-40sen

1 month ago

hng33

sold at 42sen

1 month ago

yongyong88

waiting for 44sen

1 month ago

sunnyspoon

Buy more

1 month ago

fortunefire

fired my first batch of bullet at 0.38

1 month ago

hng33

bought back at 40.5- 41sen

1 month ago

warchest

add more at 40.5.

1 month ago

moneycome123456

Eco World International Bhd president and chief executive officer Datuk Teow Leong Seng.

PETALING JAYA: Eco World International Bhd (EWI) achieved RM433mil sales exchanges plus reserves of RM85mil, adding up to a total of RM518mil in the seven months period of its financial year ending Oct 31, 2024 (FY24).

In a statement, the property developer said it recorded a loss before tax of RM13.9mil in the second quarter of its current financial year (2Q24) compared to loss before tax of RM2.1mil in 2Q23.

It said this was mainly due to lower gross profit as stocks in its Australian projects are largely fully sold; impairment loss on amount owing by EcoWorld London as the joint venture continues to invest resources to procure better planning consents for its remaining projects; as well as lower foreign exchange gains from appreciation of the British Pound against the ringgit.

Including net cash balances at joint ventures, EWI said the group has a total cash balance of RM349mil as at April 30, 2024.

Premised on the healthy cash position, the board declared a first interim dividend of six sen per share for FY24, which translates to RM144mil.

President and CEO Datuk Teow Leong Seng said the group's sales are on track with the value of unsold completed stocks reduced to about RM400mil, of which its effective share is about RM300mil.

He added that the board is maintaining its target of generating excess cash of up to RM500mil - which will be distributed to shareholders in tranches over 2024 and 2025 - by selling its completed stocks.

"We are monitoring market conditions closely and finding ways to improve the profitability of our remaining projects.

"While the current environment is challenging, the UK real estate market nonetheless presents opportunities in the longer term, judging from the strong rental rates in London."

Teow said the group will proceed with launches when cost pressures stabilise and the expected returns of undertaking such launches can be forecast with greater certainty.

1 month ago

sunnyspoon

Good dividend buy more

1 month ago

drkelvin20

this stock giving good dividend, especially for those who have averaged down the cost..say if we got around 40-50-60 sen...this stock is still potential....

Its tough if you don;t average down.



1 month ago

sunnyspoon

6 sen dividend👏👏👏

1 month ago

ykloh

6 sens dividend? Check again please.

1 month ago

hng33

sold at 41.5sen

1 month ago

Lyon91

Are this dividend id from capital reduction again?

1 month ago

investor77

For RM 420, gets 60 rgt in dividend. 60/420 or 100/7 is 15% Div Yield !! Higher than FD and EPF !! Dont have to wait 1 year somemore !! More to come !!

1 month ago

sunnyspoon

Just first interim dividend 6sen, 2nd interim ???, 3rd interim ??? , final dividend. ???, buy buy

1 month ago

sunnyspoon

0.50

3 weeks ago

8u29song

huh...like that sure big untunglah....IF after ex price remain as b4 ex...

3 weeks ago

DickyMe

"hng33

sold at 41.5sen

1 week ago"
===========
👍👍

3 weeks ago

Sales

Ricky, why ypu sold so early, another 0.15sen by 2025

3 weeks ago

warchest

Short-term, we expect it to get back the value of RM1.20. Currently, the dividends paid are 45 cents. add to the current price, is 88.5. I expect we can have at least another 31.5 cents of upside

2 weeks ago

warchest

time is the best value accretion

2 weeks ago

fortunefire

UK property market does not look good. Upcoming QR likely at loss.

2 weeks ago

DickyMe

15 sen coming soon after dividend payment.

2 weeks ago

fortunefire

keep dropping as expected. TP 0.28

2 weeks ago

DickyMe

UK will be pariah of Europe.

1 week ago

fortunefire

UK property bubble is coming soon?

1 week ago

DickyMe

20 sen, in 2 to 3 months time.
If earlier, jackpot!

1 week ago

fortunefire

unlikely to drop further since PCB is keen to take up more shares.

1 week ago

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