EWINT (5283): Company Profile

ikan bilis la for sure. realized the loss and hope everyone losing money like him. haha but all of us here are 80% free tickets i supposed?

3 days ago

the fact is he failed to read and nvr attend agm. Continue to make noise here clown

3 days ago

I would love to entertain him xD

3 days ago

RISK8888 MACAM GIRL ONE...LIKE TO COMPLAIN AND KEEP TALKING NEGATIVE STUFF...DONT BE SO SISSY LA RISK8888....GELI LA U

3 days ago

A professional investor won't act like RISK8888....IF THEY THINK THEIR INVESTMENT CANT GO FURTHER THEY WILL CUT LOSS INSTEAD OF KEEP COMPLAINING AT FORUM....RISK8888 U REALLY NEED TO THINK TWICE IF U SUITABLE IN STOCK INVESTMENT FIELD

3 days ago

TSOON321

3 days ago

TSOON321

Ewi has cash of rm550 m n share of rm800 m in ongoin projects in jv co these two amount added is more than the mkt cap thus at current price the share is under valued n not forgetting their other land banks .furthermore it’s difficult to find co who are generous with their dividends provision

3 days ago

RISK8888

Ya free ticket, wait until the share become negative NTA see you can smile or not?

3 days ago

RISK8888

Ya ya, you all professional, keep twisting fact. Accumulated loss show in the book, yet say the company very profitable. World class.

3 days ago

Then u cut loss and leave la...why keep barking here? Epf kena serba also never come here bark like you

3 days ago

You should figure out an exit strategy to minimize ur losses instead of crying here like a small girl....

3 days ago

Phoebe

Ewint giving another 6c dividend by december. They indicate potential more dividend in FY24. They have roughly another RM800M to be bring back and if they distribute half or maybe all collection, it is somewhere between 15c to 33c. We are looking maybe a total dividend of 55c to 75c. I wonder what will the price of ewint after that?....anyway, at 70dividend, i got back all my capital + 85% profit. Ewint shares at that time price at any price is a bonus....hehe.... ^_^ meow....

15 hours ago

Q3 Is July figure 800m not yet paid first dividend 33 cents dividend payment date is 28 sep. So your figure is wrong

13 hours ago

After paid out 28 sep 800-730 remaining is paid 6 cents at Dec. After that cash is zero need to wait they clear the inventory

13 hours ago

arsenal93

Phoebe you need to go ewint website to check. Based on latest QR the residual value of ballymore left about 100mil pounds. that is about 600mil myr to distribute back to shareholders. Aus about 60mil MYr. EW london has lots more to distribute as all cash have been pumped into ew london meaning once the sales completed for woking etc, they might return you capital + margin since there are no upcoming projects. Best scenario is collect all dividends and wait for privatization.

13 hours ago

29 sep payment date after that no more cash to distribute some more the London project is lose maker don't think will have any margin on London project

13 hours ago

If they have enough cash why the just announcement a promise of Dec 6 cents but not announced the entitlement date. Because this is not confirm need to see the inventory they sold during that time

13 hours ago

Realrich, div is not certain until the mgt declare it ... their cash level is also dependent on their sales

13 hours ago

Realrich is right

13 hours ago

Definitely depends on the sales aduh.. but people still care about margin or not margin.. still cannot see the whole picture of ewint. make sense also if not why the share price is low.. dont care about the share price. the so called 'dividend' is more attractive than the share price. can you get free tickets from other counters in bursa? get back the capital and the rest is earning. rules no1 - dont lose money. rules no 2- follow rules no1. Just my noob advice tq

12 hours ago

if the share price today is 1.20, i would not buy. look at the price today, maybe not so cheap compare to last dec but still cheap enuf.

12 hours ago

I foresee 50 cents dividend for the next 2 years. lets see after that

12 hours ago

same calculation as arsenal93. Ballymore already done enough funding for EWLONDON. The inventory leftover will be distributed out. Same scenario goes to AUS. For EW london, they will return capital back to shareholders if they want to. Meaning money return from EW London is counted based on GDV. Unless there are future projects. Let me confirm with the management next AGM. =)

12 hours ago

whether there is margin or not from the projects, there are still tons of cashflow inside. Dont forget it is debt free company.

12 hours ago

The company need to share losess of JV

11 hours ago

The losses from JV is not from JV. Its the marketing cost from SDN BHD based in Malayis. see the structure. JV nvr show their PNL. if not MYR 2.8b how to generate the sales in UK calculated in B Pounds. think about it

11 hours ago

Im open for discussion as long as the joker not here. pls share your thoughts here =)

11 hours ago

current value compare to IPO price is still expensive, but comparing to current price i.e.38cents is cheap

11 hours ago

Cash from JV never declare as dividend. As repayment amount owing from JV instead.

11 hours ago

arsenal93

looks like you are from accounting background

11 hours ago

JV P&L is making losses this is confirm and company are sharing their losess

11 hours ago

hahaha NTA ady more than IPO price if making profit

11 hours ago

value101

ye.. ppl dont get it the accounting treatment here.. take ur dividend.. enjoy the party. thats it. value investing you been looking for, value investing it is now. More dividend to come, like what i said before. ewint is a cash cow company.

11 hours ago

https://www.klsescreener.com/v2/stocks/financial-report/5283/2023-07-31

11 hours ago

Go page 1 share losses of JV 25158000 stated at page 1

11 hours ago

If everything look at NTA tall the bursa high NTA share why the share price is below NTA a lot

11 hours ago

vespa

not sure why those who keep knocking the share are still here yelling ..move on to a stock that gives you positive vibes

10 hours ago

i dont expect him to understand the accounting treatment for IHC. NTA do not apply in property developer stocks anyway to be fair

10 hours ago

another fellow nvr attend agm -.-

10 hours ago

everyone can say about they are making losses is understandable but no one can answer me ewint how to become debt free and generate tons of GDv sales with their initial cash. I am really looking forward to see who can asnwer me.

10 hours ago

IF they are not making money

10 hours ago

tmr 40cents!!

10 hours ago

Plantermen

I may be wrong. EWI initial IPO was set at 1.20 per share. With the seed funds raised from their IPO. EWI invested the funds in land banks centre in London, Melbourne and Sydney area. They buy the land banks when the MYR was relatively stable and firm vs the Pound and Aud. Fast forward the losses brought forward by their JV projects impairment was write off. Unlike in Malaysia and certain parts of Asia. Properties in overseas { UK operations} you need to complete and finished the projects before they are allowed offer { for sale to the public.} Unlike our local properties scenario sell first before building it. After holding the development properties the last 2 - 4 years { delayed by the pandemic} the wait is over. Now EWI has in hand stock units which they can sell plus unutilised land banks { which they can hold or dispose off as and when is favourable. Right now our MYR vs Pound is at a new low { 5.73 } MYR vs USD { 4.70}. With the cash generated they can redeem and paid back whatever MYR borrowings. EWI income is in Pound and Aud. Impairment can be write back as and when circumstances permit. Land development projects takes betw 3-5 years { depends on the sizes}

9 hours ago

Phoebe

Realrich, my figure not wrg le. U looking at half empty glass. I look at it as half full. Read the entire report le. Hint, EWINT achieved RM1,003 million sales in the first 10 months of FY2023. This, plus reserves of RM157 million, add up to a total of RM1,161 million which places the Group largely on track to achieve the sales target of RM1.4 billion for FY2023. wink ! wink! ...@^_^@ meow

6 hours ago