ECO WORLD DEVELOPMENT GROUP BERHAD

KLSE (MYR): ECOWLD (8206)

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Last Price

1.79

Today's Change

+0.05 (2.87%)

Day's Change

1.75 - 1.80

Trading Volume

4,483,900


24 people like this.

18,600 comment(s). Last comment by calvintaneng 4 days ago

Old90

686 posts

Posted by Old90 > 2016-03-24 16:15 | Report Abuse

Expect more upside to come, Maintain BUY.
QR 2016/01/31 = Revenue : 463,511 / Earn : 20,671 / EPS : 0.87.

Posted by Smart Investor > 2016-03-24 16:16 | Report Abuse

Market red red...beware

Old90

686 posts

Posted by Old90 > 2016-03-24 16:19 | Report Abuse

Technically chart wise look good for Ecoworld, more good news incoming.

Posted by ahsunahsan > 2016-03-24 19:41 | Report Abuse

Exactly

kai89

1,070 posts

Posted by kai89 > 2016-03-24 20:39 | Report Abuse

profit margin better then previous QR athough revenue drop, excelent report , it may attract long term investor to BUY IN

very_goat

312 posts

Posted by very_goat > 2016-03-24 21:29 | Report Abuse

Yeah Yeah

labu83

2,565 posts

Posted by labu83 > 2016-03-24 22:13 | Report Abuse

Good news but wrong timing qr out in bad sentiment,

vxpoison

1,906 posts

Posted by vxpoison > 2016-03-24 23:06 | Report Abuse

anyway.... ikan bilis like us can keep debating from TA or FA point of view. At the end, its all depends on BIG sharks decision to buy up or sell down EW. Lately, heavy foreign net buy on KLSE while institution kept selling non stop, once foreign start to throw.... WHO will buy back?
EW seem to be one favorite counter for institution all this while.... Thus in long run, the price will shoot up for sure, in short term... like Old90 said, chart looks promising. Let's see the next few days.

kcwong

229 posts

Posted by kcwong > 2016-03-25 08:21 | Report Abuse

Good QR and upcoming EWI IPO, sure today will have "Panic Buy"...expected some raise this few days...keep.

cooling

1,676 posts

Posted by cooling > 2016-03-25 09:43 | Report Abuse

panic buy?...hehe laugh die me

Old90

686 posts

Posted by Old90 > 2016-03-25 10:20 | Report Abuse

The market today is bad that affect the stock prices. Good chance to BUY.

Yunz

218 posts

Posted by Yunz > 2016-03-25 10:28 | Report Abuse

buy now for next week.. sure gap up

Old90

686 posts

Posted by Old90 > 2016-03-25 10:43 | Report Abuse

Trending is positive, will breakout 1.510 and above level soon.

Old90

686 posts

Posted by Old90 > 2016-03-25 10:44 | Report Abuse

Eco World Development - Profit and sales on track
http://klse.i3investor.com/blogs/kltrader/93728.jsp

tuapuikia

2,346 posts

Posted by tuapuikia > 2016-03-25 11:21 | Report Abuse

Grab or miss

romeow

2 posts

Posted by romeow > 2016-03-25 11:30 | Report Abuse

this year sales target 4B...sure meet one

yongch

1,104 posts

Posted by yongch > 2016-03-26 10:58 | Report Abuse

High sales record high debt..cant even pay dividend lo...worst part is no more fund to take up30% son ipo share...need to right issue new share lower share price begging cash from share holders lo......they r playing wz fire tat's why price never up...

Old90

686 posts

Posted by Old90 > 2016-03-26 12:18 | Report Abuse

yongch, do you think you are smarter than Tan Sri Liew Kee Sin? Your view is short, think of future(more project incoming/EWI listing). It requires time to gain. Price never up? Are you kidding or having somnambulism? From 1.290 UP until 1.510 and surely more upside in the coming future.

Old90

686 posts

Posted by Old90 > 2016-03-26 12:21 | Report Abuse

Eco World set to hit RM4bil sales target
Developer eyes RM4.5bil in 2017 with launch of new phases

SHAH ALAM: Eco World Development Group Bhd is optimistic of achieving its RM4bil sales target this year and hopes to increase this to RM4.5bil in 2017.

Amidst the soft property market, president and chief executive officer Datuk Chang Khim Wah said the group’s sales would be underpinned by the launch of new phases and introduction of new products from its on-going projects.....
http://www.thestar.com.my/business/business-news/2016/03/25/eco-world-set-to-hit-rm4bil-sales-target/

Old90

686 posts

Posted by Old90 > 2016-03-26 12:28 | Report Abuse

Source : MIDF ECOWLD (TP : 1.880)
"Sales to pick up from 2QFY16 onwards"
- 1QFY16 earnings broadly within expectation
- Revenue grew by 192%yoy to RM463.5m
- Sales to pick up from 2QFY16 onwards
- Maintain BUY with Target Price of RM1.88
http://klse.i3investor.com/servlets/ptres/35277.jsp

tuapuikia

2,346 posts

Posted by tuapuikia > 2016-03-29 07:54 | Report Abuse

Just buy and keep for a year, it will pay off

cmLai

503 posts

Posted by cmLai > 2016-03-29 10:34 | Report Abuse

武吉免登市中心发展 引进日本三井商场
http://www.orientaldaily.com.my/business/cj200016860
BBCC draws in Japanese and Singaporean investors
http://www.theedgeproperty.com.my/my/content/bbcc-draws-japanese-and-singaporean-investors

yongch

1,104 posts

Posted by yongch > 2016-03-29 11:52 | Report Abuse

No money to develop...need share50% wz MITSi...worst even son IPO 30%also need right issue to buy in...those buy in surely kena trap lo...no wonder price won Up lo....went to bbcc only few booking for office launch...malu lo....tp1.10 ok la...

Posted by leslieroycarter > 2016-03-30 10:22 | Report Abuse

Eco world is tightened with land assets purchased n got little cash to develop unless it can unlock the landed assets to give impetus to the property development ; not only concentrating on expensive n overvalued asset but more on affordable assets to cater for the masses not the filthy rich only! In this way u r helping the majority to own houses not the foreigners only!

Posted by DarkLord0411 > 2016-03-30 11:44 | Report Abuse

Ecoworld also got build affordable houses, affordable house for sure less marketing ma.

ESTABLISHED developer Eco World Development Group Berhad (Eco World) has launched its first range of affordable homes in Eco Majestic, Semenyih under the state government’s Rumah SelangorKu initiative.

The three 11-storey apartment blocks on a 4.42ha freehold plot in Precinct 4 of Eco Majestic will see 870 units, priced at RM100,000, with a built-up of 750sq ft being constructed in the area.

http://www.thestar.com.my/metro/community/2015/09/21/affordable-homes-to-be-built-in-
semenyih-developer-joins-selangor-govt-in-its-rumah-selangorku-initi/

Posted by RichTrader999 > 2016-03-30 22:35 | Report Abuse

foreigner returns can you see properly or not ? BUY BUY BUY BUY BUY CALLS

hewusana

265 posts

Posted by hewusana > 2016-03-31 10:23 | Report Abuse

Today look like down trend best to accumulate..

hewusana

265 posts

Posted by hewusana > 2016-03-31 20:54 | Report Abuse

Anyone, can explain that ecowld-CB, and warrant what is the different? Can both convert to main ecowld? Is this worth buying..

Yunz

218 posts

Posted by Yunz > 2016-03-31 22:42 | Report Abuse

dis C call warrant can convert to cash oni.. issued by banks.. those warrants with W issued by the company itself oni can convert to mother share

hewusana

265 posts

Posted by hewusana > 2016-04-01 10:18 | Report Abuse

Thanks Yunz

hewusana

265 posts

Posted by hewusana > 2016-04-01 10:18 | Report Abuse

What if expired

hewusana

265 posts

Posted by hewusana > 2016-04-01 10:19 | Report Abuse

Thanks Yunz

hewusana

265 posts

Posted by hewusana > 2016-04-01 10:20 | Report Abuse

If call warrant expired, can get back money?

hewusana

265 posts

Posted by hewusana > 2016-04-01 10:20 | Report Abuse

Or burn

kurax2

170 posts

Posted by kurax2 > 1 month ago | Report Abuse

better put money in FD rather than ECOWORLD

Old90

686 posts

Posted by Old90 > 2016-04-01 10:41 | Report Abuse

Patience needed, expect Ecowld will rebound soon.

hewusana

265 posts

Posted by hewusana > 2016-04-01 19:24 | Report Abuse

Keep drop, i think same ppl investment at mahsing

The One

2,949 posts

Posted by The One > 2016-04-22 15:57 | Report Abuse

P/E at 48.. come on.. hit 100 pls.. lol

warrior

609 posts

Posted by warrior > 2016-03-24 21:10 | Report Abuse

P/E = 48 ...... crazily expensive.

vxpoison

1,906 posts

Posted by vxpoison > 2016-04-01 15:26 | Report Abuse

buy low sell high... buy low sell high.... that's the trend for both EW & Mahsing... LEARN!!

Old90

686 posts

Posted by Old90 > 2016-04-01 16:29 | Report Abuse

For your info(The One @ warrior) : A low P/E ratio doesn’t automatically mean a stock is undervalued, just like a high P/E ratio doesn’t necessarily mean it is overvalued.

Old90

686 posts

Posted by Old90 > 2024-05-07 14:42 | Report Abuse

Agree with vxpoison. Good opportunity to Buy low now and Sell high later.

murali

5,723 posts

Posted by murali > 2016-04-02 06:44 | Report Abuse

Most property counters are trading at PE less than 10 times, anyway u pay additional 38 times (PE 48) for Tan Sri Liew's reputation...Love is blind...

murali

5,723 posts

Posted by murali > 2016-04-02 06:45 | Report Abuse

U must have faith that Ecowrd's projects will still be selling like hot cakes despite the current market sentiment and Bankers will approve all their property buyers' loan....

murali

5,723 posts

Posted by murali > 2016-04-02 06:48 | Report Abuse

And u have to believe that their PE will improve from 48 times to 8 times in 2-3 years......

vxpoison

1,906 posts

Posted by vxpoison > 2016-04-03 12:59 | Report Abuse

Yes Murali.... We believed that.... in long run, EW is going to be something BIG. That's for sure with LKS leading the group. I know this man since he started SPSETIA with just a Dato title.

Posted by ButtWorm > 2016-04-05 02:16 | Report Abuse

Flat

warrior

609 posts

Posted by warrior > 2016-04-05 15:02 | Report Abuse

hehehe...... good luck, soon below Rm1.4

Old90

686 posts

Posted by Old90 > 2016-04-05 15:05 | Report Abuse

Ecoworld finding the support line before goes up higher{rebound}. Patience require.

Posted by Nickname Cy > 2016-04-05 20:56 | Report Abuse

Patience is basic what we need

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