Jaks director know the best of its own company, a game changer in coming, have keep accumulating low price Jaks in open market without interfering much market price now, a forward step before value emerging later once all loss making in LAD behind, heading to new profit making power plant.

In time of China-US trade war, Vietnam is key beneficial country. Many manufacture in global supply chain have opt to shifted to Vietnam. Adequate Power supply is in great need, full capacity fire up to meet demand. Therefore, Jaks new power plant stand to benefit full capacity payment once operating in full capacity early next year.

Over the year, Jaks have staggering provide LAD provision every quarter in accord to time delay in handover unit to purchaser till completion.

Therefore, once unit is confirm handover after completion, the earlier provision LAD in Jaks balance sheet will use to fund payout to purchaser as compensation for delay.

Thus, once the pacific property completed and handover within these year, it will officially ended Jaks to have to provide anymore LAD in its profit/loss statement, eliminate these loss making division totally.

Jaks also on track to break even its concept mall due to surge occupancy rate recently from 55% to over 80%. All in all, in next few quarter result will show great reduction loss making due to LAD and property investment in concept mall.

On the other hand, power plant construction profit will expedite to record balance of work till completion and then later commencement of new stream of steady income worth EPS 15-20sen pa from power profit next year

bought Gbg at 1.26

bought cypark at 1.34

Don like the idea UEMS + ecoworld

sold back ecoworld at 67sen

Tan Sri Liew Kee Sin “If we do not declare dividends (by the end of this year), by 2020 we must.

https://www.edgeprop.my/content/1578234/ewi-pay-dividends-few-months-or-fy2020

EcoWorld Group reports best ever quarterly earnings
Thursday, 19 Sep 2019

KUALA LUMPUR: The EcoWorld Group posted its best ever quarterly profits on strong sales and higher handover of completed units on both local and international fronts.

In the third quarter ended July 31, net profit at EcoWorld Malaysia jumped 81% to RM50.5mil compared with RM27.8mil made a year ago.

Revenue was up 15% to RM521.4mil.

“Our profits for 3Q FY2019 are the highest we have ever achieved since we first started," president & CEO of EcoWorld Malaysia Datuk Chang Khim Wah said.

He said in the final quarter of the financial year, EcoWorld Malaysia will begin unveiling new phase launches at its various projects as it presses on to achieve the two-year RM6bil sales target set for FY2019 and FY2020.

As at Aug 31, Eco World’s effective stake in the future revenue of properties sold by its subsidiaries and joint-ventures remained high at RM5.86bil.

Separately, Eco World International Bhd (EWI), saw its net profit jumping 350% to RM57.94mil from RM12.85mil in the previous corresponding period, mainly due to higher recognition of revenue and profit by its joint-venture projects in the United Kingdom.

EWI said it recorded RM773mil in sales in the first ten months of 2019, with the group’s projects in the UK generating RM686mil in sales, while those in Australia recorded RM87mil.

EcoWorld Group reports best ever quarterly earnings
Thursday, 19 Sep 2019

KUALA LUMPUR: The EcoWorld Group posted its best ever quarterly profits on strong sales and higher handover of completed units on both local and international fronts.

In the third quarter ended July 31, net profit at EcoWorld Malaysia jumped 81% to RM50.5mil compared with RM27.8mil made a year ago.

Revenue was up 15% to RM521.4mil.

“Our profits for 3Q FY2019 are the highest we have ever achieved since we first started," president & CEO of EcoWorld Malaysia Datuk Chang Khim Wah said.

He said in the final quarter of the financial year, EcoWorld Malaysia will begin unveiling new phase launches at its various projects as it presses on to achieve the two-year RM6bil sales target set for FY2019 and FY2020.

As at Aug 31, Eco World’s effective stake in the future revenue of properties sold by its subsidiaries and joint-ventures remained high at RM5.86bil.

Separately, Eco World International Bhd (EWI), saw its net profit jumping 350% to RM57.94mil from RM12.85mil in the previous corresponding period, mainly due to higher recognition of revenue and profit by its joint-venture projects in the United Kingdom.

EWI said it recorded RM773mil in sales in the first ten months of 2019, with the group’s projects in the UK generating RM686mil in sales, while those in Australia recorded RM87mil.


Read more at https://www.thestar.com.my/business/business-news/2019/09/19/ecoworld-group-reports-best-ever-quarterly-earnings#8EH6VLJA0vYutTK5.99

Boris Johnson news – live: Government admits it cannot meet Brexit ultimatum, as Supreme Court hears PM's reasons for suspending parliament ..........

Please take note that these latest Q3 result profit and unbilled sales are based on exchange rate 5.02. If compared to current rate 5.22, the sales and upcoming Q4 profit will be even higher.

EWI record massive improvement in earning EPS 2.4sen, net profit RM 58m, ecoworld share of profit 27% accord to RM 15.6m.

Ecoworld EPS improve to 1.71 sen

be patients, await for UK supreme court ruling to clear Brexit prorogation battle

https://www.bbc.com/news/uk-politics-49735947

Next Q4 result will be even stronger due to more property to handover.

Q3: 2 block London city island (net profit profit 58m)
Q4: 2 block London city island + Embassy Garden. (net profit >> RM 58m)

Expect dividend to declare next

:DDDDDDDDDDDDDDDD)

add jaks at 73.5sen

sold back symlife at 43-44.5sen

Add more ecowrold at 66-66.5sen

https://www.theguardian.com/politics/2019/sep/11/scottish-judges-rule-boris-johnsons-prorogation-unlawful

Add more malton at 49.5sen

sold off balance at 54.5sen

sold back hohup at 53.5sen

Think out of box, positively, thanks to Brexit outstanding issue, as if without it, both EWINT and Ecoworld are impossible to trade at current level.

Also thanks to Brexit outstanding issue, EWINT able to secure good deal in built to rent as demand for housing shifted from own to rent

Think out of box, positively, thanks to Brexit outstanding issue, as if without it, both EWINT and Ecoworld are impossible to trade at current level.

Also thanks to Brexit outstanding issue, EWINT able to secure good deal in built to rent as demand for housing shifted from own to rent

Eworld already breakout 70sen, uptrend line. EWI to follow next, its matter of time as stronger Q3 result will release next week

Lets breakout 70sen

Add more EWI at 62sen

The new policy augur well for EcoWorld massive built to rent project in London

The new policy augur well for EcoWorld massive built to rent project in London

UK to allow foreign students to stay for two years after graduation to find work
Thursday, 12 Sep 2019

LONDON: International students will be able to stay in Britain looking for work for up to two years after they graduate under new rules announced by the government on Wednesday.

Under current rules, introduced by former prime minister Theresa May when she was interior minister, students are only allowed to stay for four months after they finish their degree.

“The important contribution international students make to our country and universities is both cultural and economic. Their presence benefits Britain, ” Education Secretary Gavin Williamson said in a statement.

“Our universities thrive on being open global institutions. Introducing the graduate route ensures our prestigious higher education sector will continue to attract the best talent from around the world to global Britain.”



There will not be a cap on the number of students who can apply for the graduate route, it said. There are about 450,000 international students a year studying in Britain.

It will apply to those who start an undergraduate level or above course from next year in any subject at “a trusted UK university or higher education provider which has a proven track record in upholding immigration checks”.

“About time. Should have reversed this silly policy years ago. Britain should always be open to the best talent from across the world, ” finance minister Sajid Javid said on Twitter.

But with concerns over levels of immigration a key driver behind Britain’s 2016 vote to leave the European Union, the move was not universally welcomed.

Migration Watch, which campaigns for less immigration, said it was a “retrograde step” which would lead to foreign students staying in Britain to carry out low-skilled jobs.

“The government only seems to come up with ideas for how to increase immigration, ” it said on Twitter.

“Our universities are attracting a record number of overseas students. There is no need to devalue a study visa by turning it into a backdoor route for working here.” - Reuters

UK to allow foreign students to stay for two years after graduation to find work
Thursday, 12 Sep 2019

Read more at https://www.thestar.com.my/business/business-news/2019/09/12/uk-to-allow-foreign-students-to-stay-for-two-years-after-graduation-to-find-work#K3JIAgusm4ZPTypL.99


LONDON: International students will be able to stay in Britain looking for work for up to two years after they graduate under new rules announced by the government on Wednesday.

Under current rules, introduced by former prime minister Theresa May when she was interior minister, students are only allowed to stay for four months after they finish their degree.

“The important contribution international students make to our country and universities is both cultural and economic. Their presence benefits Britain, ” Education Secretary Gavin Williamson said in a statement.

“Our universities thrive on being open global institutions. Introducing the graduate route ensures our prestigious higher education sector will continue to attract the best talent from around the world to global Britain.”



There will not be a cap on the number of students who can apply for the graduate route, it said. There are about 450,000 international students a year studying in Britain.

It will apply to those who start an undergraduate level or above course from next year in any subject at “a trusted UK university or higher education provider which has a proven track record in upholding immigration checks”.

“About time. Should have reversed this silly policy years ago. Britain should always be open to the best talent from across the world, ” finance minister Sajid Javid said on Twitter.

But with concerns over levels of immigration a key driver behind Britain’s 2016 vote to leave the European Union, the move was not universally welcomed.

Migration Watch, which campaigns for less immigration, said it was a “retrograde step” which would lead to foreign students staying in Britain to carry out low-skilled jobs.

“The government only seems to come up with ideas for how to increase immigration, ” it said on Twitter.

“Our universities are attracting a record number of overseas students. There is no need to devalue a study visa by turning it into a backdoor route for working here.” - Reuters

Ready to breakout 70sen soon

Technically, ecoworld now in the midst to breakout immediate resistance level to establish uptrend line ahead of Q3 result next week

Block B and C of London city island had commenced handover in May 2019. These 2 block of apartment worth GDV RM 1 billion will be reflected in upcoming Q3 result (May-July).

In additional, phase 3A of Aberfeldy Village also handover commenced in April 2019.

The change in currency exchange between pound and RM will only reflect in company assets and liabilities, recorded in change in NTA

These change in currency however will affect company profit margin. As long as company report profit in coming Q3 result (due to lumpy profit recognition after 2 block of london island city handover unit), lower currency pound will only affect lower RM profit, but still better than none.

Ecoworld control about 27% EWI, the upcoming EWI report profit will equity account in ecoworld upcoming EPS, show as incremental earning rather than equity account loss in previous Q2 when EWI report Q2 loss due to very mall number of unit handover.

EWI also adopt natural currency hedging. The company borrows in different currencies and remit these for UK project in pound and to Australia in AUD and these are swapped back into the borrowing currency. As for RM denominatred MTN, EWI remit the fund to the projects based on the required cuurency and are swapped back to RM. Hence, the fund raised will not be subject to exchange rate fluctuation. It is however, may incur some forex gain/loss in the these swap process.

The change in currency exchange between pound and RM will only reflect in company assets and liabilities, recorded in change in NTA.

These change in currency however will affect company profit margin. As long as company report profit in coming Q3 result (due to lumpy profit recognition after 2 block of london island city handover unit), lower currency pound will only affect lower RM profit, but still better than none.

Ecoworld control about 27% EWI, the upcoming EWI report profit will equity account in ecoworld upcoming EPS, show as incremental earning rather than equity account loss in previous Q2 when EWI report Q2 loss due to none unit handover.

sold back kps at 76sen

Ecoworld = 64sen
EWI = 64sen

lets begin to perform in next 2 week, which one will be winner ?

Ecoworld = 64sen
EWI = 64sen

lets begin to perform in next 2 week, which one will be winner ?

Block B and C of London City Island commenced hand over in May 2019

Block D, E, F of London City Island target to commence handover in Q3 2019

Block A04 of Embassy gardens target to commence handover in Q4 2019


Remark: All these revenue and profit recognition will be record in upcoming Q3 and next Q4 result as LUMPY profit due to accounting policy. Therefore, Ecoworld and EWI will record very good set of result in next 2 week.

Block B and C of London City Island commenced hand over in May 2019

Block D, E, F of London City Island target to commence handover in Q3 2019

Block A04 of Embassy gardens target to commence handover in Q4 2019


Remark: All these revenue and profit recognition will be record in upcoming Q3 and next Q4 result as LUMPY profit due to accounting policy. Therefore, Ecoworld and EWI will record very good set of result in next 2 week.

https://www.thestar.com.my/business/business-news/2019/09/04/opponents-of-039no-deal039-brexit-defeat-pm-who-promises-an-election

https://www.thestar.com.my/business/business-news/2019/09/04/opponents-of-039no-deal039-brexit-defeat-pm-who-promises-an-election

bought EWI at 63sen

bought ecoworld at 63.5sen

sold back Ewint at 64sen

https://klse.i3investor.com/blogs/MplusOnline/222077.jsp

These is golden opptunity to buy further AWC on weakness.

Add more AWC at 60-60.5sen