Maybe Ewint will also drop for more than a month, maybe to 0.80, as someone had said earlier. But with the latest UK developments, it will eventually rocket to at least 1.50, which is tyyap hinted target.

Last time I played Huaan, it is the same story. Despite clear impending positive development, i.e. the upliftment of Huaan from para 8.03A, share price keep coming down for more than a month, from 0.35 to 0.215. But when the upliftment of Huaan from para 8.03A finally materialise, price rocket up to more than 0.60 !

With the following positive developments:-
1) Business confidence in the British economy has leaped to its highest level for more than three years and this pick-up in confidence was accompanied by a “significant” increase in firms’ investment intentions for 2020
2) Brexit timeline is now clear as no more extension after the transition period which end on Dec 2020,
3) likely will see a tariff and quota free agreement on goods in place by the end of 2020,

then Ewint should be able to achieve its sales target of RM6 billion for FY2019 and FY2020. With that FY2021 revenue/profit will be secured, then Ewint would have clear earning visibility for the next 2 years ! huhu !

Yes, let them drop kaw kaw, there are ppl waiting to get onboard.

EU negotiators will respond to the PM's ultimatum with phased talks that will see a tariff and quota free agreement on goods in place by the end of 2020.
https://www.thesun.co.uk/news/brexit/10575298/eu-trade-deal-boris-johnson-brexit/

BORIS Johnson's move to legally rule out extending the transition hit home in Brussels as EU chiefs drew up plans for a quick-fire trade deal.
https://www.thesun.co.uk/news/brexit/10575298/eu-trade-deal-boris-johnson-brexit/

WOW, now you see the power of Boris Johnson !! YES .... way to go Boris !!

This positive business confidence in the British economy, couple with Boris Johnson's enforced clarity on Brexit timeline (no extension for transition period after dec 2020) may help Ewint secures new deals for their Built-to-Rent business.

In the latest press release, Dato’ Teow Leong Seng, President & CEO of Ewint said:
"Our Built-to-Rent business is also progressing well, with profit recognition having commenced on the two parcels sold to Invesco Real Estate last year and numerous enquiries from other institutional investors which we expect to be able to progress with, once greater clarity is obtained on the Brexit timeline.”

Poll shows highest UK business confidence levels for three years.
Key economic measures swing positive for the first time since Brexit referendum, says IoD

Business confidence in the British economy has leaped to its highest level for more than three years following the Conservatives’ election win, according to a survey of company directors.

For the first time since spring 2018, firms have become optimistic about the economic outlook, with a key confidence measure swinging into positive territory and hitting 21% in December, up from -18% in November.

This pick-up in confidence was accompanied by a “significant” increase in firms’ investment intentions for 2020.
https://www.theguardian.com/business/2019/dec/23/poll-shows-highest-uk-business-confidence-levels-for-three-years

Almost half the UK’s exports went to European Union member states in 2018 – 45%, to be exact, totalling some $372.5 billion. Taken as a whole, the EU dominates the UK’s global trading partnerships, accounting for substantially more than the next-biggest single country the UK trades with. https://www.weforum.org/agenda/2019/11/brexit-trade-uk-eu/

That is why it is important for Boris Johnson to get a trade deal with EU for its exit from EU.

Dun think Boris Johnson is so stupid to allow UK to leave EU without a deal and be blamed in eternity for bringing down UK economy.

Brexit done? Tory minister exposes loophole to force EU into striking trade deal in 2020

CONSERVATIVE minister Nadhim Zahawi said he is "very confident" Brexit will come to an end in December 2020 because the EU already signed up to deliver a trade deal by the end of the year.

Nadhim Zahawi said the political declaration the EU and UK signed up to when Boris Johnson secured a Brexit deal stated the bloc would speed through trade negotiations to get a deal in place in 2020.

Mr Zahawi continued: "The other thing it says in there is that we will both, the European Union, the 27 countries and the United Kingdom will want to work towards a free trade agreement with no tariffs and no quotas.

"And of course, remembering that, you know, for the past 40 years, we've been pretty much aligned with the European Union.

"So this is not like us doing a trade deal with a part of the world where we don't have all these advantages in place already."

He added: "That's why I'm very confident that we'll be able to do a trade deal by December 2020.
https://www.express.co.uk/news/uk/1220108/Brexit-news-Nadhim-Zahawi-UK-EU-trade-deal-withdrawal-agreement-Boris-Johnson-latest

Let us wait and see what this smart english "bulldog" has up his sleeve for Brexit next year.

Oh dear, Brussels! Boris has ALREADY outsmarted EU negotiators, reveals BBC's Kuenssberg.

Boris Johnson has already dealt a huge blow to Brussels and its negotiating team, according to Kuenssberg. The EU expected Mr Johnson to use his huge 80-seat majority to take a softer approach towards a Brexit trade deal. Leading officials in Brussels were left shocked by the Prime Minister’s first decision following the election - to ban a transition extension.

Fleming continued: “They thought he would tact to a softer Brexit and the first thing he can do is extend the transition period.

“But what is the first thing that Boris did? Add legislation to the Brexit bill banning him from extending the transition period. They have got him wrong already!”
https://www.express.co.uk/news/uk/1219969/BBC-Laura-Kuenssberg-Boris-Johnson-Brussels-EU-Brexit-trade-deal-news-latest

otherwise just sell and let the train move on.

Boris Johnson is one determined and unorthodox fighter. He just might get the Free Trade Agreement with EU that he is fighting for. Place your bet if you have confidence in him.

MPs passed the Withdrawal Agreement Bill. One step closer to brexit.

Boris Johnson is playing hard ball with EU in trying to get a comprehensive free trade deal in less than 11 months. If he succeeded, UK economy will boom, boom, boom.

----------------------
Michael Gove has declined to rule out the possibility of a no-deal Brexit as he was challenged over the government’s decision to make it illegal to request an extension to EU alignment beyond 2020.

In its first major announcement since securing its majority in the general election, the government said it would enshrine in law a ban on extending the transition period on a Brexit deal with the EU.

This is being seen as an attempt to push the European Union to give Boris Johnson a comprehensive free trade deal in less than 11 months by presenting the bloc with a new cliff-edge.
https://www.theguardian.com/politics/2019/dec/17/michael-gove-fails-to-rule-out-no-deal-brexit

4th Qtr report, prospect for the next financial year (2020):
"Given the improving market outlook, the Board is maintaining the combined 2-year sales target of RM6 billion earlier announced for FY2019 and FY2020. Management will continue to pursue sizeable Build-to-Rent deals in the UK to achieve the sales target"

Ewint recorded RM1.123 billion sales in FY2019 and based on the combined 2-year sales target of RM6 billion, so FY2020 is targeted to achieve sales of RM4.877 billion. This new RM4.877 billion sales will be timely to replenish the existing unbilled sales, significant portion of which will be realised in FY2020.

So no worries lah newbie911, especially now that the new housing market will be boosted by the limited certainty over Brexit provided by the election.

Nevertheless this lethargic response to the Tories victory on Ewint by local investors present opportunities to be grabbed. Well at least Icon sifu was adding already. So what are you guys waiting for? sales figures to come in first ?

Taylor Wimpey: https://www.google.com/search?q=taylor+wimpey+share+price&oq=Taylor+Wimpey&aqs=chrome.4.69i57j0l5.1775j0j7&sourceid=chrome&ie=UTF-8
Barratt Developments: https://www.google.com/search?q=barratt+developments+share+price+chart&oq=Barratt+Developments&aqs=chrome.3.69i57j0l5.2911j0j9&sourceid=chrome&ie=UTF-8
Berkeley Group: https://www.google.com/search?q=berkeley+group+share+price&oq=Berkeley+Group+s&aqs=chrome.1.69i57j0l5.5662j0j9&sourceid=chrome&ie=UTF-8
Persimmon: https://www.google.com/search?q=Persimmon+share+price&oq=Persimmon+share+price+&aqs=chrome..69i57j0l5.6738j0j9&sourceid=chrome&ie=UTF-8

The stark difference in response to Ewint by local investors and to the UK property counters by UK investors on Tories victory show that local investors are not as sensitive as their UK counterpart on the Brexit issues as they are not on the ground and do not have the first hand feel. Tell that to the traditional labour voters who had crossed over to vote Conservatives this time, they certainly would agree this arguement.

The average price of a home will rise by 2% over the next year, with northern regions performing more strongly than those further south, according to predictions from the UK’s biggest property website, Rightmove.

Rightmove director Miles Shipside welcomed the certainty produced by the election landslide. “The greater certainty afforded by a majority government gives an opportunity for a more active spring moving season, with some release of several years of pent-up demand.”

Chestertons, an estate agent with offices in 30 upmarket locations around the capital, said a bounceback in London prices could be swift.

Guy Gittins, the managing director of Chestertons, said: “We expect that the considerable pent-up buyer demand which has been waiting for Brexit clarity will now be released. Sellers will in turn be encouraged by the increase in demand and are likely to start putting their properties on the market in greater numbers, and the increase in sales could see prices bounce back quite quickly.
https://www.theguardian.com/money/2019/dec/16/house-prices-predicted-to-rise-by-2-in-uk-with-the-north-leading-the-way

Last friday, 4 UK property developers in FTSE 100 (Taylor Wimpey, Barratt Developments, Berkeley Group and Persimmon) rose more than 10% on Tories victory, while Ewint stayed flat. Soon Ewint will play catch up.

"0:57 14 Dec
FTSE 100 risers and fallers
There were some biger climbers in the blue-chip index today.

Housebuilders led the way with Taylor Wimpey +14.68%, Barratt Developments +14.01%, Berkeley Group +13.99% and Persimmon +12.01%. ......"
https://www.bbc.com/news/topics/c9qdqqkgz27t/ftse-100

In the latest press release, Dato’ Teow Leong Seng, President & CEO of EcoWorld International said:
"Sales rate of the Group’s higher-end products in London is still being affected by the ongoing
Brexit-related uncertainties."
"Our Built-to-Rent business is also progressing well, with profit recognition having commenced on the two parcels sold to Invesco Real Estate last year and numerous enquiries from other institutional investors which we expect to be able to progress with, once greater clarity is obtained on the Brexit timeline.”

So if Boris Johnson can pull off the Withdrawal Agreement with EU by Jan 2020 and a Free Trade Agreement (FTA) with the EU by Dec 2020, then Ewint UK sales definitely will soar and in that event, Ewint may then worth more than 1.50 as targeted by tyyap.

Boris Johnson's Withdrawal Agreement with the EU would indeed end the UK's membership.

But it would leave some very important Brexit-related challenges still to do, including the UK's future trade relationship with the bloc, and with the rest of the world.

What might happen next year?

Under Mr Johnson's Withdrawal Agreement, the existing arrangements between the EU and UK would temporarily continue, with goods and services being allowed to flow freely across the various borders with the continent.

That arrangement is due to end on 31 December 2020.

If Boris Johnson wins a majority he says he would negotiate a Free Trade Agreement (FTA) with the EU ready to go into operation at the end of 2020.

https://www.bbc.com/news/business-50129510

"That's why the first piece of legislation new MPs will vote on will be the Withdrawal Agreement Bill."

With the large majority, the bill is expected to pass through Parliament in time to meet Boris Johnson's promise for the UK to leave the EU on 31 January.

Mr Johnson then has to negotiate a new trade agreement with the EU and have it ratified before the end of the post-Brexit transition period that ends on 31 December 2020. He has repeatedly said that the transition period will not be extended.
https://www.bbc.com/news/election-2019-50803194

The above seamlessly weave together sifu Misai Kucing, tempac and tyyap insights. Thanks sifus.

Misai Kucing calculated in FY2020, the 1624 units to be completed is more than double the 736 units delivered in FY2019. If we presume profit increase by 50% in tandem, then eps = 7.8 * 150% = 11.7 sen. PE 12 = 1.40, PE 15 = 1.75. So tyyap target 1.50 is in between, sui sui.

Wah, Misai Kucing did some in-depth study on ewint also:

在FY2020，EWINT会建好1,624个单位，比起FY2019交付的736个单位，足足多了一倍。EWINT的海外产业项目认购率都很高，大约在90%左右。
In FY2020, EWINT will complete1,624 units, which is more than double the 736 units delivered in FY2019. EWINT's overseas property project purchasing rates are very high, about 90%.
https://klse.i3investor.com/blogs/misaikucing/247613.jsp

If you are willing to hold long term, like 5 or 10 more years, then rm3/rm4 should not be a problem. Dun think HL boss is so cheap, seeing from his past investment style.

Brexit is a slow stew. Conservatives winning majority is only the positive beginning, not conclusion, of the Brexit. Wait for passage of the Withdrawal Agreement next month. Tyyap also said need to wait a few more qtrs and he was hinting 1.50. So do not complain lah, at least HL boss waited longer than most of us here and he bought at 1.20 (anyone here bought higher ?)

"A clear Conservative majority will remove the cloud of uncertainty hanging over the UK economy. With the passage of the Withdrawal Agreement in the New Year, and our departure from the political structures of the EU by 31 January 2020, certainty will be restored and a big economic boost will follow. "
https://www.telegraph.co.uk/news/2019/12/11/boris-wins-majority-prepar...

Morning icon sifu. You also can't wait for the final results and wake up early for the exit poll ? haha .....

"UK general election 2019: exit poll predicts 86-seat Conservative landslide majority"
Wow, so unexpectedly GREAT !! pound to rm now 5.62 !! yahoo !!

https://www.theguardian.com/politics/live/2019/dec/12/general-election-2019-uk-live-labour-tories-corbyn-boris-johnson-results-exit-poll

Tmr morning 6am (2200 GMT) UK exit polls will have a rough guide of the election final results.
https://www.bbc.com/news/election-2019-50672511

There is thursday night movie at uk, until tmr morning if you care to watch.

no dividend this qtr, a disappointment. dun know whether uk election today will be another disappointment.

alamak, yougov latest mrp forecast cut conservatives majority to 28.

dun know how big is the hong leong boss stomach. anyone can give a guess? they bought flying wint at 1.20

ok, thanks icon sifu.

Icon sifu, if warrants 30 cent, time to sell?

Pound to RM now is 5.47, one week ago is below 5.40

The pound has soared to a seven-month high today as hopeful traders raise their expectations for a Conservative majority in December's election.

but that was history, perhap they have improved.

In the 2017 election, Electoral Calculus predicted Conservatives majority of 66 seats while YouGov predicted Conservatives lost majority, and the actual result was Conservatives short 8 seats of a majority.

... but Electoral Calculus predictions for uk 2017 and 2015 elections were not accurate.
https://www.electoralcalculus.co.uk/trackrecord.html

Hope YouGov is right again this time.

YouGov used the same method in the 2017 general election, when it accurately predicted the results in 93% of constituencies, and pointed towards a hung parliament.

British Prime Minister Boris Johnson is on course to win the upcoming UK general election with a comfortable 68-seat majority by triumphing in Labour heartlands, according to a projection poll which accurately forecast the hung parliament in 2017.
https://www.rte.ie/news/2019/1128/1095648-uk-election-poll/

tyyap also recommend ewint (37.00 min onwards), talk about brexit also.
https://www.facebook.com/tyyapcoach/videos/728697147631115/

If another poor result in 4th qtr, then 10 sen is coming !