Steve64

Steve64 | Joined since 2020-01-15

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Stock

1 month ago | Report Abuse

Their GDV in UK according to last yr's AR was around 4.5bil Pounds.
Wonder if that correlates to RM 1.2 bil. undeveloped land held by them?? Anyone can shed some light on this??

Stock

1 month ago | Report Abuse

Target to distribute more dividends as per AGM/shareholders approvals is on.? I hope.?
They hv cash of 270Mil as at july 24.

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2024-01-15 16:16 | Report Abuse

Today another new high after exdividend ...

Last yr 33cts plus this yr 6cts plus current price 34cts = 73cts alrdy..if u bought at 25cts...one yr ago...laugh..laugh..laugh.

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2024-01-11 15:08 | Report Abuse

Run , run, run ...30cts broken...😀

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2024-01-09 09:37 | Report Abuse

Maybank Research last week came out with report that further 24cts dividend to be paid out in 2024....based on current price of 30cts that's a whopping 80 plus%...

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2023-12-14 15:16 | Report Abuse

Risk 8888 - you sound like you hv gone in at IPO price @ 1.20 n like Guoco still licking yr wounds..imagine how Quek n his company feel..??...like you they must be hitting the roof.
What are their alternatives is the nxt best guess. Take it private..? Buy ewi out..? inject new assets..??..etc etc...more to come am sure..in 2024

Stock

2023-09-20 13:09 | Report Abuse

Fly robin fly..up up to the sky...

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2023-09-20 11:51 | Report Abuse

Lots of people happy except 1...8888

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2023-09-04 09:02 | Report Abuse

TSLKS has given notice to Bursa that he is going to trade EWI...during this period where sp div has been announced. Why? Accumulate more? More goodies, ? Privatisation coming so accumulate cheap...cld be many reasons....

Stock

2023-08-08 19:50 | Report Abuse

So the Q is when will they announce the first tranche payment? Before nxt results due only mid Sept or earlier...??

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2023-08-04 13:13 | Report Abuse

lyon go to ewi website or bursa website...dont know how to cut n paste here

Stock

2023-08-04 09:43 | Report Abuse

yday full announcement of approvals by gov auth on capital reduction. Now to wait for payout dates....

Stock

2023-06-21 22:22 | Report Abuse

QR latest is out on their website.
cash rich n debt free. . Distribution coming

Stock

2023-06-20 09:31 | Report Abuse

balance of 38.5 - 12 = 26.5 to be distributed by end fin yr 23.

Stock

2023-06-20 09:31 | Report Abuse

yes quite clearly they hv announced 900 milluon n forst tranche is 300 million which works out to 12 cts.

Stock

2023-06-19 13:59 | Report Abuse

99% voted for the motion. so overwhelming

Stock

2023-06-16 04:42 | Report Abuse

Pound has crept up to 5.90 to RM..
whooooo..

Stock

2023-06-01 23:03 | Report Abuse

pound vs ringgit at a 5yr high 5.78..
gd news for EW,I shareholders...

Stock

2023-05-26 08:54 | Report Abuse

EGM for capital reduction is fixed for 19 Jun. see their/bursa website for details

Stock

2023-05-02 08:14 | Report Abuse

British £ is at a high nearing 5.70 to RM. This will favour EWI when they transfer funds back for repayments

Stock

2023-04-28 09:10 | Report Abuse

yes wat news? cash payout..? news?

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2023-04-18 14:40 | Report Abuse

plus payout of 37cts per share are very attractive even at current price.

Stock

2023-04-13 12:02 | Report Abuse

60 cts target coming very soon...

Stock

2023-03-30 18:32 | Report Abuse

today AGM..
any news..?? anyone..?

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2023-03-23 11:16 | Report Abuse

per share or thereabouts..typo.

Stock

2023-03-23 11:16 | Report Abuse

yes it seems so.
900Mil divided by 2.4 bill outstanding gives 37.cts pwr share or rhereabouts.

Stock

2023-03-23 09:41 | Report Abuse

yes seems like very close to 37cts cash repayment coming up very soon .
No brainer actually.

Stock

2023-01-30 10:26 | Report Abuse

well if wat was shared by EWI that they want to distribute cash payout of 37cts if fin yr 2023, stock has lots of up-leg left

Stock

2023-01-30 10:12 | Report Abuse

TB - u sure RM 2,??
ipo was at 1.20 RM n not sure if it ever reached 2.0 RM..

Stock

2023-01-30 09:40 | Report Abuse

tks phoebe..will peruse the stated report

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2023-01-30 07:52 | Report Abuse

Phoebe - take screenshot n share..??

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2023-01-29 06:41 | Report Abuse

no i m using cimb trade app...
mmmm can anyone help..??

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2023-01-28 21:00 | Report Abuse

can share the maybank report..? or give the link..??

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Stock

2022-12-21 16:45 | Report Abuse

high volume..? wat's brewing..?
cash payout or takeover target..???

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2022-12-19 11:18 | Report Abuse

if cash return is 37cts buying below 40cts is a no brainer right..??

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2022-11-22 14:29 | Report Abuse

something brewing..?..
election uncertainity stock moving up...

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2022-11-07 16:59 | Report Abuse

suddenly very active counter..gd results? cash handput??

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2022-11-07 09:15 | Report Abuse

maybe better delist the company n return shareholders money if they cannot get their act together..!!

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2022-09-30 09:26 | Report Abuse

wonder how much of sharp stck price fall is due to margin calls. ??..plus loss of confidence

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2021-10-24 12:37 | Report Abuse

Something good is brewing, for sure. Highest volume in quite a while compared to previous days/weeks. !! .

Here are the positives:

a) Last Qtr push to deliver units - translate to higher sales, profits for yr end 21 & hopefully bumper dividends.

b) Reduce borrowings with incoming cash-flow. Lower gearing, lower interest costs.

c) BTR projects doesn't need huge capital outlay cos financed by insurance company/investor and paid according to stages of completion. Different from open mkt sales - after delivery only receipt of $$ and huge bank borrowings in interim.

d) UK market for houses are short of ~ 1 million units unlike overbuilt Msia scenario. Huge potential for those with landbanks ( EWI has enough to last a decade). Building into a mkt deficit. is always a boon for developers.

e) No need for 10% mandatory bumi discount unlike locally . They can sell to all and sundry at mkt price. No price differentiations, only quality differentiations. Best player wins.

f) No hidden gomen agenda, clear property act, land and legal laws. No flip-flops and sudden surprises. Lower cost of doing business. Translates into higher profits.

g) High inflation - property play in motion. Recent trends indicate drift towards property as an asset class to shield against inflationary pressures. Demand curve in UK versus oversupply locally.

h) Last few years experience in UK/Aus will lend a load of expertise to navigate for future. No other Msian listed company has abv mgmt & qualities & landbank to deliver.

Go EWI,...go,...

Stock

2021-10-11 09:59 | Report Abuse

Well done Warchest...I am also waiting for it to break the 2year high.
Projects delivered, collet money, reduce gearing, repatriate funds and distribute cash/dividends to loyal long time shareholders. Last Qtr should be reveal gd results...hoping
Future looks bright for property in London...

Stock

2021-09-23 08:29 | Report Abuse

@warchest - yes an estimate of handover from Aug till Oct (last Qtr) would be of great help to project their profits for the whole year. Understandably, their revenue is lumpy and depends on handovers and Covid deferred some of these, but nxt Qtr rev/profits results will be their turning point, I think. Off course a bonus is if they can sign on a BTR deal in the Qtr.
Warchest - over to you.!!!

Stock

2021-05-31 19:51 | Report Abuse

So strengthening pound or Aussie $ gd for EWI?? Should be right.? Sales are in Pounds, Profits in Pounds or Aussie $, translate into ringgit and remit back - higher values/possible higher dividends. Correct..?
Or is this too simplistic an argument?

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2021-04-11 20:54 | Report Abuse

Things looking very gd for housing mkt on London...see abv Guardian article.

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2021-03-23 16:29 | Report Abuse

Gen2 - which page of AR2020 is this "MYR strengthened = profits, MY weakened = loss" stated? I tried to find under the main headings ( damn long AR) but couldn't. Maybe you can help direct to the page/topic where its stated.
Tks for sharing.

Stock

2021-03-23 08:53 | Report Abuse

Tend to agree with Warchest views. More $$ to remit back to shareholders for dividend with strengthening pound.

Secondly if BtR is the rage for future growth, EWI doesn't need so much funds tied up in borrowings as BtR (investor) funds the progress of the development in staggered amounts until completion; unlike non-BtR residential units, where balance 90% only paid upon completion. Funds can be tied up for years (until completion).

Thus gearing improves and this should give impetus for EWI to release funds for more dividends as announced earlier/many times in past.

Hopeful....

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2021-03-21 09:00 | Report Abuse

AR2020:
A 10% (2019: 10%) strengthening of the RM against the following currencies at the end of the reporting period would have increased profit or loss by the pre-tax amounts shown below. The analysis assumes that all other variables, in particular interest rates, remained constant.

Abv comments mentioned "pretax amounts as shown below..."? But nothing shown. Missed out? Forgot to attach file..?

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2021-03-17 08:26 | Report Abuse

What will impact of Forex on Earnings of EWI be. The Pound has gradually strengthened from 5.20RM to almost 5.80 RM in last 12 months. Anyone any clue how it will impact their P&L for next QTR or previous Qtr.?
Appreciate some insights.