https://www.constructionenquirer.com/2023/08/02/ecoworld-london-to-cut-jobs-as-resi-market-stalls/

https://www.upstreamonline.com/exclusive/subsea-damage-delays-ongc-5-billion-flagship-deep-water-project/2-1-1496065

Wa suddenly so supportive? Shout louder, so that they fast fast give us back our money.

Look at their ability, can give 0.8 I already thank god.

Warchest, not RM2.4bil. Is RM2.88bil IPO @ RM1.2 with nosh 2.4bil = RM2.88bil.

900mil is only 1/3 of it. Long way to recover brother. Why waste time reinvesting knowing is not profitable, just give back all the cash to us and close shop.

You come here scold me for what? I’m now asking the management to close shop not you.

This company take IPO money for rolling. From 2.8bil taken from shareholder, now only left 900mil to pay back, remaining 1bil for reinvestment according to them. So from 2.8bil and not left 1.9bil. Very obvious rugi lor. Simple maths ma.

Cash can be capital, cash also can be from profit generation. You need to understand accounting first. I’m sure this company not making a sen of profit after selling 18bil worth of houses.

How soon it will happen?

riaz1954, boleh percaya kah? already waiting so long.

0.80 also good. Faster settle down and close shop. Don’t waste shareholder time.

August, they purposely drag, must be planning something else. i suspect this EWINT will eventually privatise. no point keeping it listed since already sunseting.

Yes same issue

down 4 sens, no one keen on the dividend. please wake up management!

ini macam explain baru betul. Like i say die die must give me back 1.20. Cash or share or do what ever to make the price come back. If not please close shop and lost your job.

How to be positive? Pay 1.2 only get back 0.5? Now I demand all cash to pay back, not just 900mil. Should return all 2bil and no need reserve for future projects. Cause proven selling 18bil houses pun tak boleh make profit. Mgt blindly take salary.

https://www.nst.com.my/business/2023/07/932788/genting-share-price-recovery-expected-track-ringgit-recovery

so apa macam? now is best time to enter?

sell more loss more

In an exchange filing yesterday, ECWI posted a net loss of RM4.56 million on the back of RM22.70 million for the second quarter ended April 30, 2023 (2Q23). For the first half of FY23, it posted a net loss of RM35.38 million on a turnover of RM45.07 million.

Maybank IBG Research said ECWI’s 2Q23 core net loss of RM33 million was higher than expected.

For FY22, ECWI posted a net loss of RM234.42 million, the group’s highest annual net loss since its listing. In FY21, it posted a net profit of RM13.57 million.

Maybank IBG Research said it has raised its FY23/24/25 loss projections by +116%, +48.5% and +63.2% after factoring higher losses from its London projects.

see, maybank also say selling UK property is loss making.

https://themalaysianreserve.com/2023/06/22/eco-world-international-downgraded-to-hold-on-share-price-dividend-windfall-awaits-shareholders/

nevermind, as long as we get back our capital. all happy.

no support at all, jump water.

apa gunanya if all gain last friday vomit out today.

seems taurx news no effect on Genting price. If like that state election will continue to press its price.

so apa macam? buy or sell now?

no gas

So is good news? Or old news?

Wow really, means it is going to rocket soon? Can you share what price it is trading since early this year until this month? How much it had rises?

ATK, where do you get the info on Taurx share price? I can’t Google such info from web.

Just privatise it at NTA price, don’t waste time.

faster announce: privatization after dividend payout. Ecoworld take over, all minor happy, Boss pun happy. No need day day marah kena tipu. Very simple, if cannot give back RM1.20 then give ecoworld share in exchange. WAKE UP!

💪💪💪

SELL!RUN!

https://www.sinchew.com.my/20230707/%E9%BE%99/

This may already in plan. Let see if it can happen. Now they keeping all the cash and stop all new launching. Once 900mil distribute ecowld & tan Sri will get about 350mil. Then they just use it to sapu the 36% from minority. Gaodim!

Management hope you can hear me. This is the best choice for all.

Is good also for ecoworld to take over cash rich ewint.

This very good strategy. Win win to minority and parent eco world.

Under one group lor, since their management team pun sama. What for waste money maintain 2 listed entity. I believe now is good chance to take it private. Ecoworld and tan sri already own 37% of ewint. Hong Leong own 27%. Total 64%, open market only 36%. After pay dividend, they can use the money to privatise the 36% from the market. By then they can happily expand their business with the support from ecoworld.

They won’t, but ecoworld Berhad can take over. Got it?

is not cursing. i just tell the truth. Not making profit after selling 15bil of property is fact. If sell another 6bil will make any different? And i need to wait another 10 years to get back the remaining capital (will be lesser after paying all salary for the director), not worth to wait at all.

Good chance to cash out as there is no launching of new project at current stage. After selling all stock please distribute all to shareholder and close shop. Dont waste time.

wait august lor, after election see got hope or not.

old news la this one.

may end up force to PN17 by Bursa? delisted from Bursa? or come up with a plan to revive the business? big Investor join the boat? how low can it go? market cap already below 100mil? asset worth billion? so what will happen next?

Keep the money to pay their salary la. Don’t waste time la management.

All in all, 1.9 bil cash repayment + disposal of business 300mil. total 2.2bil. i'm happy with that. rather continue do unprofitable business. Management please wake up.

Now their plan is to return 900mil and retain the balance for growth. Grow what? better close shop and give shareholder back all cash. sell off the business after that, maybe can get extra 300mil. how to i get the 300mil? basically autralia land already worth 150mil. another 150mil should be able to get from selling ecoworld JV in UK.