Market collapse? Run!

Betul juga. So can buy or not?

Pengsan, like that forever bleeding.

Look at it carefully, Genting had sail through pandemic. Calculate back how much losses had incurred for the past 3 years, billions of $$ losses. But, but, but...every losses are now recovered!!! Why? Because Genting had just sold a piece of land in Miami and making a huge gain billion $$. What does this event signal to us? Means Genting going to be strong moving forward, god had given a chance to regain previous glory. This is the fact, all in your face.

The share price wont go down more regarless how bad you talk. Anytime will rise from now.

why worry? is good entry price. Just buy, this QR will be better than last QR. look at the trading volumn. No big volumn happen for the past 30days. Just small fish selling. Means is good time to collect low. Buy before QR. Will get dividend for sure.

So fast, dont wait for RM1?

Sell the land and pay back shareholder $$$$$$!

Wah so confident? I can feel the pain from 0.8 to 0.18. Later another PP @ 0.10 I really go bankrupt how?

By the way, sterling v first oil still no need yet? How to get the news?

Genius

What’s the plan?

Warchest, any other counter to recommend?

If only few years, how can they recover the capital? If capital pun cannot recover, how they going to make profit?

I understand fpso contract can last for years (up to 30 years). But why armada contract only few years?

Rm1 can reach?

Wasting time.

Cannot invest by guessing, if,if,if…susah oh.

The dividend can be higher looking at the exchange rate. Really hope the rate sustain until Year end.

If really kena cheat in public forum like this, it is part of learning to gain investment experience. I also fail many times after reading comment and believe end up lose money. But we need to learn. Always verify what people say.

Aiyo Jerichomy, you not tire keep spamming? If you got fact, just lay it out rationally. Put it short. If true cannot be false.

Sterling V also waiting for first oil for quite some time. No news also.

I remember some member promoting armada going to get contract. But waiting so long yet to announce.

Aiyo Jerichomy, can you stop spamming? Very hard to read msg when you flood the room with all the cut and paste.

Wah macam sure win like that. Buy now agak can reach what price and when to unload?

Rm1 boleh kah?

0.8 can?

Macam sure win like that? People buy 0.8 and PP 0.18. Boleh percaya kah?

Next week good news?

Bila golden cross?

0.7 boleh?

boleh trust the group member?

Striker, do you know someone within?

If you base on current mkt price 0.5, 0.38 div is very attractive. However if you bought during IPO @1.20. Now really crying.

If you want to see the detail in JV. There are disclosures in annual report where u can see the details, frankly not impress at all.

In the p&l can see share profit JV. In balance sheet can see from investment in JV. JV was once profitable in 2019/2020. Later, all profit wipe off with impairment due to high holding cost in unsold units. All in all, not making money since then.

dont be so happy, will stay 0.195/0.20.

Yes, He is a wonderful boss.

so boring, no news? waiting QR to move the price! up up up 0.70 go!

Now wishing company all the best in cashing out their stock. fast fast lelong out balance unit and bring the cash back to shareholder. after that sell all remaining land and JV. Bring back all money to the shareholder. cukup cover 90% of initial IPO money, really thanks GOD!

I bought @ 0.80, sold @ 0.18.

wa, not scare lose until under wear gone ar?

0.18 come on

let's go 0.18!

How I derive not making money from sales is base on the share of JV profit, u just look at the cumulative retain earning (negative means loss over the years).

Look at the cumulative sales

Here https://ecoworldinternational.com/wp-content/uploads/2023/03/EWI-Q1-FY2023-Sales.pdf

17billions is not small figure. If take 1% as profit, it is already 170mil=8sen per share.

This may be the reason company not making money after selling billions of property in the past 8years. Look at their report, it says more than 17billions sales. But so far not making a single sen net profit of it.

Uk housing market very hard to make money. Their local govt very strict in granting new project. Even they approve, they will squeeze you until margin become very thin. Most development need to provide affordable unit to the public.