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

warrior

609 posts

Posted by warrior > 2016-04-06 11:38 | Report Abuse

think about oppurtunity cost , not patience.

hewusana

265 posts

Posted by hewusana > 2016-04-06 18:56 | Report Abuse

Hope rebound soon..

Posted by Pui Che Hong > 2016-04-06 20:30 | Report Abuse

Start to accumulate if below 1.37

hotdogge

1,294 posts

Posted by hotdogge > 2016-04-06 22:44 | Report Abuse

http://news.seehua.com/?p=157501

tyran

94 posts

Posted by tyran > 2016-04-06 23:00 | Report Abuse

Its true, I've been to several EW galleries and launch events - even hot cakes probably doesnt move so fast! Not to mention their customer service is the best i've seen from any Msian property developer

There's a reason ppl are willing to pay the Tan Sri LKS premium
Lol!

warrior

609 posts

Posted by warrior > 2016-04-07 08:53 | Report Abuse

what? 2.3+ billion shares issued !!

hewusana

265 posts

Posted by hewusana > 2016-04-07 09:38 | Report Abuse

Wow good lo

cmLai

503 posts

Posted by cmLai > 2016-04-07 13:28 | Report Abuse

Eco World International gets SC nod for IPO, eyes listing by mid-2016

cmLai

503 posts

Posted by cmLai > 2016-04-07 14:08 | Report Abuse

Eco World International gets SC nod to list on Bursa
http://www.theedgemarkets.com/my/article/eco-world-international-gets-sc-nod-list-bursa

Yunz

218 posts

Posted by Yunz > 2016-04-07 14:34 | Report Abuse

1.60 COMING

vxpoison

1,906 posts

Posted by vxpoison > 2016-04-07 14:36 | Report Abuse

See...............

vxpoison

1,906 posts

Posted by vxpoison > 2016-04-07 14:47 | Report Abuse

sell high sell high then buy low again

Old90

686 posts

Posted by Old90 > 2016-04-07 14:58 | Report Abuse

ECW back on track, rebound incoming, more upside trending to come. Set BUY!

Old90

686 posts

Posted by Old90 > 2016-04-07 15:07 | Report Abuse

BUY, the trend is set to goes up higher, don't miss out.

warrior

609 posts

Posted by warrior > 2016-04-07 16:33 | Report Abuse

best time to escape with profits.

Old90

686 posts

Posted by Old90 > 2016-04-08 10:54 | Report Abuse

Good opportunity to buy now.

Old90

686 posts

Posted by Old90 > 2016-04-08 10:55 | Report Abuse

KUALA LUMPUR: Eco World International Bhd (EWI) has received the Securities Commission’s approval for its initial public offer (IPO) to list on the Main Market of Bursa Malaysia Securities Bhd.
It said on Thursday the proposed IPO will involve the issuance of up to 2.153 billion new RM1 shares in EWI representing up to 89.7% of its enlarged issued and paid-up share capital.

The property company said there would also be a bonus issue of up to 960.0 million free warrants in EWI on the basis of two warrants for every five Shares held after the IPO.

EWI executive vice chairman Tan Sri Liew Kee Sin said the approval of the SC is a significant milestone in EWI’s journey to become a listed entity.

“We look forward to completing the whole exercise by mid-2016. Once we are listed we will be placed on a much stronger footing to grow our business internationally and take advantage of attractive new development opportunities which may be presented to us both in the UK and Australia,” he said.

EWI said proceeds from the proposed IPO will be utilised by EWI primarily to provide on-going working capital for the group’s projects in the UK and Australia and to repay borrowings undertaken to part-finance amongst others, land and related acquisition costs and project development expenditures.

EWI’s projects in London, UK and Parramatta (West Sydney), Australia have garnered cumulative sales of £712.5mil as at Jan 31, 2016.

They include London City Island Phase 2 in East London which achieved sales of £273.9mil since its launch in May 2015; Embassy Gardens Phase 2 in Nine Elms recorded total sales of £120.8mil following its launch in September 2015; Wardian London, which is next to the Canary Wharf, London, which was also launched in September 2015, secured £186.4mil in sales; and West Village, Parramatta is close to 90% sold with A$265.6mil (approximately £131.4mil) in sales obtained since its launch in June 2015.

Mohd Iqbal

266 posts

Posted by Mohd Iqbal > 2016-04-08 15:51 | Report Abuse

Any share or warrant in EWI for shareholders of Eco World here?

Posted by Jeffrey Lim > 2016-04-08 18:40 | Report Abuse

Old90 is it means issue of New share?

vxpoison

1,906 posts

Posted by vxpoison > 2016-04-09 11:52 | Report Abuse

uptrend formed up. all indication are ready to fly. Remember.... SELL HIGH... BUY LOW...

vxpoison

1,906 posts

Posted by vxpoison > 2016-04-09 12:03 | Report Abuse

support 1.41, TP 1.60

Jmin Lim

121 posts

Posted by Jmin Lim > 2016-04-11 11:19 | Report Abuse

No move

Posted by tinyinvestor > 2016-04-11 21:45 | Report Abuse

why takes too long to move?..

vxpoison

1,906 posts

Posted by vxpoison > 2016-04-12 14:46 | Report Abuse

market move side way this week. Even with oil prices hitting high & ringgit strengthening. HOLD

Old90

686 posts

Posted by Old90 > 2016-04-13 11:15 | Report Abuse

Jeffery Lim, tat's for the listing of Ecoworld International in this coming June.

Old90

686 posts

Posted by Old90 > 2016-04-13 11:17 | Report Abuse

Looking very good for ECWLD now, more upside incoming. Maintain BUY.

Old90

686 posts

Posted by Old90 > 2016-04-13 12:58 | Report Abuse

Eco World confident of hitting RM4bil sales target

KUALA LUMPUR: Eco World Development Group Bhd (EW Bhd) is confident of meeting its sales target of RM4bil for this financial year (FY) ending Oct 31, 2016.

The property developer, which recorded RM3bil in sales in FY15 and had maintained its sales target of RM4bil this year despite external headwinds, said in a statement that its confidence was based on strong year-to-date group sales of RM607.8mil achieved as at Feb 29 and positive reception to the recent unveiling of its strata offices at Bukit Bintang City Centre (BBCC).

BBCC is an RNM8.7bil mixed development project on the former Pudu jail site. It was reported that the first phase, which has a gross development value (GDV) of RM1.4bil, will comprise a shopping mall, four-star hotel, strata office and two blocks of serviced apartments

Speaking at Invest Malaysia 2016, EW Bhd president and chief executive officer Datuk Chang Khim Wah said: “We are very pleased with the response we have received on the “The Stride” strata offices which we are planning to launch within the next couple of months at BBCC.
Read more at : http://www.thestar.com.my/business/business-news/2016/04/12/eco-world-confident-of-hitting-rm4bil-sales-target/

tuapuikia

2,346 posts

Posted by tuapuikia > 2016-04-13 16:05 | Report Abuse

no move at all, really disappointed with this counter. damn

Posted by Jeffrey Lim > 2016-04-13 19:36 | Report Abuse

Today got little bit volume ... See tomorrow volume got getting bigger or not...then price will start moving...

CikYah

98 posts

Posted by CikYah > 2016-04-14 09:19 | Report Abuse

Why this stock movement so slow? So many news yet not move...

fstex

9 posts

Posted by fstex > 2016-04-14 14:10 | Report Abuse

Sleeping Eco dragon

Old90

686 posts

Posted by Old90 > 2016-04-14 15:54 | Report Abuse

Patience, any minor retreat of prices is good to accumulate, the sign of trending still positive.

warrior

609 posts

Posted by warrior > 2016-04-14 16:42 | Report Abuse

reason .... more than 2 billion shares issued , how to move ?

Old90

686 posts

Posted by Old90 > 2016-04-15 10:24 | Report Abuse

Now ECW finding the support point before push up. Buy as more and more good news incoming soon. And the listing of EWI this coming June.

murali

5,723 posts

Posted by murali > 2016-04-15 15:33 | Report Abuse

More than 2 billion shares...PE 48...looking for more waterfish to buy

murali

5,723 posts

Posted by murali > 2016-04-17 20:47 | Report Abuse

U love tan sir n u are willing to buy a pe 48 times property co from him ....I fully understand...-
Love is blind n love is priceless....

hewusana

265 posts

Posted by hewusana > 2016-04-17 22:06 | Report Abuse

What is PE 48

Vin Chuah

843 posts

Posted by Vin Chuah > 2016-04-18 12:03 | Report Abuse

:( why always dropped :( :(

Posted by Canon Preview > 2016-04-18 12:05 | Report Abuse

cause EWI lor..

Leong Tan

58 posts

Posted by Leong Tan > 2016-04-18 12:56 | Report Abuse

hi canon may i know what is ewi?

Leong Tan

58 posts

Posted by Leong Tan > 2016-04-18 13:14 | Report Abuse

ooo... tqtq. by the way this stock keep dropping seen last week. from 1.47 to 1.36.

warrior

609 posts

Posted by warrior > 2016-04-18 15:18 | Report Abuse

yes, very bad .... from 1.47 to 1.35

Posted by DarkLord0411 > 2016-04-18 15:37 | Report Abuse

many people keep order sell at low price

Posted by Kareemabduljabbar > 2016-04-18 15:42 | Report Abuse

Is it true ecoworld planning big rights issue to subscribe to ecoworld international ? Mati lah macam ni.

Posted by Activetrader > 2016-04-18 16:45 | Report Abuse

hancur la ecofark this time liao

yongch

1,104 posts

Posted by yongch > 2016-04-18 17:02 | Report Abuse

Bad news!!!!right issue coming!!!!no money but big mouths talk.....now all ikan bilis going suffer lo!!!tp1.0 for sure this time!!!!hopeless donkeys!!!

warrior

609 posts

Posted by warrior > 2016-04-19 05:19 | Report Abuse

cash call confirmed, need more money to expand business ..... time to contribute (donate ?) , already more than 2 billion shares issued, still not enough ??

yongch

1,104 posts

Posted by yongch > 2016-04-19 07:53 | Report Abuse

The big issue is the EW not enough fund to subscribe 30% IPO EWI share...but oledy "big mouths talk"...more over bbcc n johor sales respond very slow down so EW got no choice need right issue lo...will drop further more...

kymlym

56 posts

Posted by kymlym > 2016-04-19 10:37 | Report Abuse

EWI PE 48
Ecowld PD 675

... why so high...

warrior

609 posts

Posted by warrior > 2016-04-19 10:47 | Report Abuse

High PE is mainly due to too many shares issued, whatever earnings have to divide by over 2 billion shares. Low EPS ==> High PE.

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