UK election results live: Boris Johnson returned as PM after Tory majority confirmed - Brexit uncertainty finally reached 'the end'. EWI return back to radar

https://www.theguardian.com/politics/ng-interactive/2019/dec/12/uk-general-election-2019-full-results-live-labour-conservatives-tories

Party conservative landslide win, now 332 seat, already far surpass majority needed 326seat

add more jaks-wb at 1.14

bought back jaks-wb at 1.13

bought back ewi at 1.01-1.02

What is needed now is time, awaiting for special dividend, and be rewarded handsomely.

bought back gkent at 96.5sen

Add more paramount at 1.26

sold back jaks at 1.32, jaks-wb at 1.11

sold back redtone at 55.5sen

sold all at 1.13

:D)

bought back jaks-WB at 1.06

bought back jaks at 1.28

Please refer to analysis below link

https://klse.i3investor.com/blogs/MingK/246517.jsp

Ecoworld international is expect to record much higher profit margin in view of strengthen in UK currency and higher lump sum value to be handover to purchaser

Pound sterling vs RM = 5.02, record exchange rate in Q3
Pound sterling vs RM = 5.39, to be record exchange rate in upcoming Q4

Pound sterling vs RM = 5.47, to be continue strength after brexit reaffirm

swap capital from Ecoworld to EWI, bought EWI at 98.5sen

sold back ecoworld at 78-78.5sen

Based on news, EcoWorld is set to announce its annual financial results tomorrow (Dec 12), EWI result also will announce altogether.

EcoWorld is set to announce its annual financial results tomorrow (Dec 12).

KUALA LUMPUR (Dec 11): Eco World Development Group Bhd (EcoWorld)'s shares leaped as much 12.4% or eight sen to 72.5 sen in afternoon trade after its chairman Tan Sri Liew Kee Sin said he expects the group to close its current financial year ended Oct 31, 2019 (FY19) on a record high note.

At 4.13pm, the trading volume of Eco World shares soared to 39.81 million, making it the eighth most-actively traded counter on Bursa Malaysia. Meanwhile, its share price stood at 72 sen, bringing it a market capitalisation of RM1.96 billion.

EcoWorld's 27%-owned associate and international arm, Eco World International Bhd (EWI), saw its share price gain as much as 9.28% or nine sen to RM1.06. At 4.16pm, the counter was traded at RM1.04, seven sen or 7.22% higher than yesterday's closing price, valuing it at RM2.38 billion.

Yesterday, The Edge Financial Daily quoted Liew as saying: "Despite the so-called downturn [in the property market], this year is the best year for EcoWorld and EWI."

EcoWorld is set to announce its annual financial results tomorrow (Dec 12).

EcoWorld's net profit for the nine-month period ended July 31, 2019, rose to RM121.97 million, from RM80.69 million in the previous corresponding period, while revenue grew 2.1% to RM1.56 billion from RM1.52 billion. EWI, meanwhile, recorded a net profit of RM68.71 million against a net loss of RM23.78 million previously.

KUALA LUMPUR (Dec 11): Eco World Development Group Bhd (EcoWorld)'s shares leaped as much 12.4% or eight sen to 72.5 sen in afternoon trade after its chairman Tan Sri Liew Kee Sin said he expects the group to close its current financial year ended Oct 31, 2019 (FY19) on a record high note.

At 4.13pm, the trading volume of Eco World shares soared to 39.81 million, making it the eighth most-actively traded counter on Bursa Malaysia. Meanwhile, its share price stood at 72 sen, bringing it a market capitalisation of RM1.96 billion.

EcoWorld's 27%-owned associate and international arm, Eco World International Bhd (EWI), saw its share price gain as much as 9.28% or nine sen to RM1.06. At 4.16pm, the counter was traded at RM1.04, seven sen or 7.22% higher than yesterday's closing price, valuing it at RM2.38 billion.

Yesterday, The Edge Financial Daily quoted Liew as saying: "Despite the so-called downturn [in the property market], this year is the best year for EcoWorld and EWI."

EcoWorld is set to announce its annual financial results tomorrow (Dec 12).

EcoWorld's net profit for the nine-month period ended July 31, 2019, rose to RM121.97 million, from RM80.69 million in the previous corresponding period, while revenue grew 2.1% to RM1.56 billion from RM1.52 billion. EWI, meanwhile, recorded a net profit of RM68.71 million against a net loss of RM23.78 million previously.

https://www.theedgemarkets.com/article/ecoworld-ewi-shares-leap-after-its-chairmans-comment-likelihood-record-earnings-fy19

sold back wce at 34sen

Ecoworld 27% associate ecoworld international is expect to record much higher profit margin in view of strengthen in UK currency and higher lump sum value to be handover to purchaser

Pound sterling vs RM = 5.02, record exchange rate in Q3
Pound sterling vs RM = 5.39, to be record exchange rate in upcoming Q4

Pound sterling vs RM = 5.47, to be continue strength after brexit reaffirm

Eco international share price have broken RM 1.00 level, the gap between eco international and ecoworld is getting wider, ecoworld share need to catch up fast.

Ecoworld is expect to release its Q4 result tomorrow after 5pm, stay tune

bought ecoworld at 65sen

bought uchitech at 2.80

bought jtiasa at 83.5sen

sold back jaks at 1.28

Courting down time for completion and special dividend announcement soon.

Dear sslee
To dated EPC2 contract recognized RM 1,376.7 , So balance EPC2 is about RM 500m. The expected profit is about RM 120m. As the first unit will commence commercial operation in Q1 2020 first, therefore, Jaks able to derive half of the expected power capacity, 6 month ahead before second unit of power commence commercial operation later.

Thus, based on balance construction profit RM 120m + 6 month power profit from first unit generate estimate RM 120m, Jaks is expect to have enough to cover all Capital contribution contracted but not provided for in respect of shares subscription in JAKS Pacific Power Limited, joint venture of the Group amounted to approximately USD56.14million or RM235.0million.

Pa volume is 2x higher than Wce, its irrational for wce under pressure so much.

Many too afraid of conversion, but the cost is either 4PA exchange for 3Wce or top up 4sen for every PA in exchange for 1 wce. Therefore, based on PA price now at 26.5sen, cost is 30.5sen or 35.5sen, compared to current market price of only 31sen. No worth of converting through PA. It’s best to direct buy from open market now at 31sen.

Bought redtone at 48.5sen

Bought back wce at 31 sen

Bought back Jaks at 1.19-1.21

Seem Property profit only able to recognized in next Q4 result. Further higher take up rate on E-island lake haven is expected as Gbg have shortlist by government under the ministry of housing and local government initiative for private participation on the rent to own scheme.

Another interest assets in GBg is Petronas basecamp in sipitang, which have generate recurring rental income of RM 11.4m. But, Gbg opt to use entire of these rental income to pare down the borrowing that took to build the facility, which is expected to be fully paid by end of 2020. Therefore, from Q1 2021 onward, the rental income generated from this facility will be PURE CASH PROFIT in GBG accounting.

In additional, LRT3 full swing construction will also be reflected in Q4 result later. In the meantime, shareholder can enjoy 1.5sen first interim dividend :D)

sold back at 57sen

Add more paramount at 1.24

sold back tadmax at 29sen

Hohup massive earning growth is due for re-rating.

sold back AWC at 63.5sen

In Hohup latest Q result, management have highlight that as a result of disposal Bukit Jalil Pavilion mall, Hohup have on 29 Oct 2019, received its entitlement RM 53m or about 20% of its total entitlement RM 266m (18% of GDV RM 1,490m).

As these entitlement RM 53m receievd on 29 oct, these profit will be recorded in next Q4 result. Hohup plan to use RM 39m to repay bank borrowing and RM 14m for working capital.

The balance 80% entitlement or RM 212m will be progressively recorded based on mall construction progress billing till completion Q1 2021.

Below expectation

Double up revenue, triple up net profit.

breakout 30sen resistance level.

Go go go

bought back ibhd at 21.5sen

sold back at 90sen

bought back jaks-WB at 87-88.5sen