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2023-09-21 19:11 | Report Abuse
What happened to the land sale to the Haitian Group?? Doesn't seem to be recorded yet as Sales and profit.
2023-02-28 17:18 | Report Abuse
A huge jump in directors fees and remuneration.
2022-12-18 08:23 | Report Abuse
Warchest, do you or anyone have an idea of an estimated loss for 2023?
2022-06-01 13:30 | Report Abuse
prudentinvestor is probably right.
2022-05-18 11:12 | Report Abuse
I don't think that interest hike of 0.25% or even 0.5% should have caused such a fall. The end effect is a reduction in net profit of only RM2700 million debt x 0.25% x 0.7 = RM4.7 million a year. This is insignificant and immaterial compared to the annual profits of 180 million in 2021.
2022-05-17 23:49 | Report Abuse
Its also the wrong company. If you look at Ecoworld international's price, it hasn't fallen much. The slide started on the day BNM increased rates by 0.25%. I note that the fall was in relatively low volume and there were no significant high volume before that. Whatever the reason is, I hope that it will turnaround soon.
2022-05-13 15:31 | Report Abuse
Volume is too low to accommodate a big fish like that.
2022-02-10 12:21 | Report Abuse
WB will be worth something if the strike price is priced < RM1.20.
2021-12-23 10:08 | Report Abuse
probably attainable only in January
2021-12-16 18:38 | Report Abuse
if the study the report, its actually good. i deem it bullish.
2021-12-16 17:48 | Report Abuse
sales target 2022 now 3.5 billion
2021-06-29 12:01 | Report Abuse
RM1 by year end is feasible
2021-06-24 18:13 | Report Abuse
not bad results. 2 sen dividend.
2021-06-17 11:13 | Report Abuse
Odds are the coming QR will be good.
2021-06-16 16:08 | Report Abuse
I agree with RISK8888.
2021-06-11 13:32 | Report Abuse
These chaps build nice houses. Let us see if they can build a share price, 1/2 sen a day.
2021-06-07 11:51 | Report Abuse
Bursa is a sectorial play market. So whether it can reach RM1.20, 1.50, 2.00 or even 5.00 depends on whether the property sector is in favor with pundits This has never happened the past 10 years. However, personally I think RM1.00 is certainly possible though I believe Ecoworld deserves to be RM1.60 given its dynamism of management, execution of projects and track record.
2021-01-13 17:27 | Report Abuse
2021 should be a good year. I remain optimistic.
2020-10-15 17:02 | Report Abuse
Massive loans are only a problem if you are making losses and in a rising interest environment. Neither is happening. Liew and Co should just reject the deal. It stinks. UEMS is just printing new shares. It costs them nothing to do so. Show us the Money, nothing less.
2020-10-10 19:57 | Report Abuse
The question of what will happen to the price if the merger fails and dies. I think bullish.
2020-10-07 08:25 | Report Abuse
Uems can propose and Ecoworld should reject. Frankly I cannot see the reasoning for the deal.
2020-10-05 18:40 | Report Abuse
I say no logic because it's a share swap. Directors are getting shares of a company that is not as dynamic as Ecoworld. You only need to look at uems's results. It's a different culture, different thinking, ideas etc. I would sell all I have if the deal does through. I don't understand why folks are so concerned about gearing when the money is used to buy land which does not depreciate. I think borrowing to buy land is a good option if a developer is to grow fast. I see no problems since Ecoworld is profitable. Anyway interest is at all time low and is not going up for a long time.
2020-10-05 17:36 | Report Abuse
I see no logic for this merger, especially at this point.
2020-10-05 10:06 | Report Abuse
Directors still own 70%. Hope they get a good deal for all.
2020-10-02 16:49 | Report Abuse
Looks like Alex is correct. Its transacted outside the market.
2020-10-02 11:46 | Report Abuse
Furthermore, I do not think the 77 million transaction was a buy transaction though it added to Leong's holdings. Read the disclosure.
2020-10-02 11:44 | Report Abuse
I am not certain but I think company's have a few days grace before they are required to disclose. There are times where they do a "immediate disclosure" but that is voluntary.
2020-10-02 11:43 | Report Abuse
The transaction date is not same as the disclosure date. The transaction could have been done over a few days and only disclosed yesterday.
2020-10-02 10:55 | Report Abuse
I would like to think its a margin call but its a concerted sale. I wonder what the directors are up too? To apply selling pressure at such a low price when they should be buying and supporting. Whatever happened to the share buy back promised??
2020-10-01 10:26 | Report Abuse
I think LKS will eventually pay dividends. You only have to look at SPSetia's track record. I think the priority is to pay down the loans first. Ecoworld has about RM3.5 billion worth. A few person's have alluded to its high gearing but I think this is not a problem given the current low interest rate environment. Barring any unforeseen event, the housing industry is expected to recover strongly in 2021. We may see a dividend in 2021. One must understand the directors own 70% of the shares. They too will benefit from a dividend payment. They too suffer if the share price falls.
2020-09-29 15:49 | Report Abuse
Oct result for which company?
2020-09-18 16:44 | Report Abuse
The industry still has not started its run, that's all.
2020-09-18 11:48 | Report Abuse
The problem with using the translator to translate Chinese to English is all I get is unreadable gibberish.
2020-09-14 17:36 | Report Abuse
Gloves may have run its course. Prices though high, may be range bound now.
2020-09-11 14:01 | Report Abuse
what ever happened to the share buy back promised??
2020-09-02 12:09 | Report Abuse
Bahai. No Laychee is absolutely correct. She said it would not go down on Monday. That was Merdeka day.....hahaha
2020-08-26 17:05 | Report Abuse
I suspect we will not have long to wait.
2020-08-18 16:58 | Report Abuse
Requires much determination and conviction to hold given the daily no movement.
2020-07-20 10:43 | Report Abuse
Warchest. Good analysis. Care to do one for Ecoworld Malaysia?
2020-06-25 10:57 | Report Abuse
the thing is this guys, if you write in Chinese, many of us would not be able to understand what you are writing.
2020-06-10 13:07 | Report Abuse
Could you please write in English.
2020-05-30 03:43 | Report Abuse
What happened to the quarterly report??
2020-05-25 07:38 | Report Abuse
Addy. That's new. I didn't know that local banks now only give 70% margin of advance. Thanks.
2020-05-24 14:24 | Report Abuse
Thank you both for your comments.
2020-05-24 10:26 | Report Abuse
I hope they don't privatise because it's a good business although the share price is really lousy.
Stock: [ECOWLD]: ECO WORLD DEVELOPMENT GROUP BERHAD
2023-09-21 19:12 | Report Abuse
2 sen dividend is generous.