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 3 days ago

yk1188

132 posts

Posted by yk1188 > 2016-09-25 20:18 | Report Abuse

"The response and support received for the launches have been tremendously positive despite the current challenging property market," said EcoWorld president and CEO Datuk Chang Khim Wah during the launch. He added that the strong turnout at all its sales galleries, days prior to the launch day was a testament to the strong brand that the property developer has built over the years.

JEFT836

38 posts

Posted by JEFT836 > 2016-09-27 20:12 | Report Abuse

the strong up are those uncle and aunty went for free food

ys13

183 posts

Posted by ys13 > 2016-09-27 20:23 | Report Abuse

good result... up up up!!!!!

yk1188

132 posts

Posted by yk1188 > 2016-09-27 21:07 | Report Abuse

Hopefully share holder can get some free food or drinks from share price. Just one shortage that no dividen..if got will be better feeling...

yk1188

132 posts

Posted by yk1188 > 2016-09-27 21:52 | Report Abuse

On 25 September 2016 the Group concurrently launched 4 projects in conjunction with its Ecoworld’s
Firsts Campaign. The projects launched, namely Eco Grandeur, Eco Ardence, Eco Bloom @
EcoMeadows and Eco Business Park II each feature several firsts for the Group in terms of
masterplanning concepts and product design. The cumulative total value of products launched as part of
the campaign was approximately RM1 billion. Indicative overall take-up achieved based on total units
made available for sale is approximately 81% with more than 1,000 units taken up on launch date across
the four projects. This overwhelming response received is testament to the strong confidence purchasers
have in the EcoWorld brand and the Group’s ability to create enduring value for its customers through
innovation, creativity and continuous improvement.

Posted by RichieNexus > 2016-09-28 00:24 | Report Abuse

Opportunity counter.
Third quarter net profit was almost five times higher at RM44.58 million, compared with the RM9.39 million it recorded a year earlier.
The group attributed the higher earnings for the quarter ended July 31 (3QFY16) to higher sales from launched projects during the quarter. Revenue rose almost 60% to RM727.34 million from RM454.28 million.
For the first nine months of the FY16, net profit was about four times higher at RM99.93 million, compared with RM24.26 million it netted in the same period of FY15. Revenue rose 76% to RM1.81 billion from RM1.03 billion.

yk1188

132 posts

Posted by yk1188 > 2016-09-28 06:49 | Report Abuse

Can ecowld become as yesterday one day Tecguan ? Wish..

Old90

686 posts

Posted by Old90 > 2016-09-28 09:14 | Report Abuse

Good QR, maintain BUY, more upside incoming.

Dave Jet

991 posts

Posted by Dave Jet > 2016-09-28 09:22 | Report Abuse

Just sold it this morning. .Good surprise this morning. :)

Dave Jet

991 posts

Posted by Dave Jet > 2016-09-28 09:25 | Report Abuse

Better hit and run, hard to hit RM1.40....in short term period.

Leong Tan

58 posts

Posted by Leong Tan > 2016-09-28 10:00 | Report Abuse

one day show hero. i agree with dave jet. hit then run.

Leong Tan

58 posts

Posted by Leong Tan > 2016-09-28 10:04 | Report Abuse

last year profit 9m stable at rm1.4, now 5 times more than last year rm1.38 only? undervalue?

Dave Jet

991 posts

Posted by Dave Jet > 2016-09-28 10:07 | Report Abuse

Ya. Many such experience before..

Dave Jet

991 posts

Posted by Dave Jet > 2016-09-28 10:08 | Report Abuse

Mood not good for property stock now

yongch

1,104 posts

Posted by yongch > 2016-09-28 10:27 | Report Abuse

Hahaha..fact is fact..making so much but so stingy can't even pay any sgl cent dividend n price still at down side...

yk1188

132 posts

Posted by yk1188 > 2016-09-28 10:27 | Report Abuse

Wao. Tecguan another great day. I think ecowld may make same miracle if not strong selling as last few days. Pray...

omnigunk

191 posts

Posted by omnigunk > 2016-09-28 10:35 | Report Abuse

Haha epf disposing off the stocks

yk1188

132 posts

Posted by yk1188 > 2016-09-28 11:34 | Report Abuse

Hope today can get above 10,000,000 trading volume and close at highest price. Otherwise difficult to judge the following days.......if the big shark can chg to buy mood then only have chance push the price higher. Depend our ikan bilis is too tough....

vxpoison

1,906 posts

Posted by vxpoison > 2016-09-28 11:40 | Report Abuse

EW is famous for 1 day show lately.... enjoy the circus guys!

yk1188

132 posts

Posted by yk1188 > 2016-09-28 12:25 | Report Abuse

9M16 earnings of RM99.9m is above market, but within our, expectation. 10M16 sales of RM2.2b came in within expectation of local sales target. No dividends declared, as expected. Earnings estimates are maintained. Target listing of EWI is now Dec 2016. Reiterate OUTPERFORM and TP of RM1.58.

Vin Chuah

843 posts

Posted by Vin Chuah > 2016-09-28 14:59 | Report Abuse

come on ecoworld !!!!! haiz

yk1188

132 posts

Posted by yk1188 > 2016-09-28 15:04 | Report Abuse

PRIVATE PLACEMENT SOMEMORE SAME AS TF AIR ASIA : PROPOSED PRIVATE PLACEMENT OF UP TO 591,066,319 NEW ORDINARY SHARES OF RM0.50 EACH IN ECO WORLD DEVELOPMENT GROUP BERHAD ("EW BERHAD"), REPRESENTING UP TO 25% OF THE EXISTING ISSUED AND PAID-UP SHARE CAPITAL OF EW BERHAD

yk1188

132 posts

Posted by yk1188 > 2016-09-28 15:18 | Report Abuse

“We are doing this (private placement) because we want to show our commitment to AirAsia. It is very pleasing to receive overwhelming support from shareholders,” Fernandes told a press conference after its extraordinary general meeting yesterday.AA case.....in may2016 for comparison...

Posted by RichTrader999 > 2016-09-28 17:22 | Report Abuse

1.68 target buy

yk1188

132 posts

Posted by yk1188 > 2016-09-28 17:29 | Report Abuse

Woo. more comment and higher TP are on the way.....let watch the roller coaster....

Posted by InvestoSifu > 2016-09-28 17:42 | Report Abuse

Outstanding result but the share price barely moves :/

Daren Ng

78 posts

Posted by Daren Ng > 2016-09-28 20:43 | Report Abuse

hmm i dont feel so good. i bought 3k shares at 1.35 today hmm everything looks outstanding but i dont think the share is going to move much honestly....zzzz we cant predict the stock market but i am just stating my opinion here by looking at the past. dont ask why i bought the share. No hate pls

mysmo1

201 posts

Posted by mysmo1 > 2016-09-28 22:00 | Report Abuse

i queue at 1.3, didnt kena today....

Yippy68

1,690 posts

Posted by Yippy68 > 2016-09-29 03:34 | Report Abuse

Don't compare Apple to orange.

Sales

3,272 posts

Posted by Sales > 2016-09-29 08:09 | Report Abuse

Too many projects, they need to keep a lot of cash to run. So don't expect they will give us dividend.

Flintstones

1,762 posts

Posted by Flintstones > 2016-09-29 08:23 | Report Abuse

Ecoworld will retrace back to 1.2X in no time. EPF is selling this counter every day. It is difficult to go up. Property sentiment is poor as well. Unless Ecoworld can give dividends like UOA Development, if not it is hard to sustain the rally

yk1188

132 posts

Posted by yk1188 > 2016-09-29 08:29 | Report Abuse

此,聯昌證券研究認為綠盛世達成40億令吉銷售目標的希望頗高。

“我們維持該公司‘增持’評級,目標價1.75令吉。”

Dave Jet

991 posts

Posted by Dave Jet > 2016-09-29 09:21 | Report Abuse

Not good mood for property stock now..hard to sustain the rally...

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-09-29 10:56 | Report Abuse

MIDF Buy - TP 1.68
KENANGA Buy - TP 1.58

Posted by Foon Lian Way > 2016-09-29 11:42 | Report Abuse

i think 1.58 is reasonable, 1.75 might need other factors to boost the market. something like bank reduced interest or cost dropped due to ringgit recover or more jobs in malaysia. short term cannot see anything yet. anyone care to share?

yk1188

132 posts

Posted by yk1188 > 2016-09-29 12:11 | Report Abuse

use 1.49 lowest TP still have > 10% gain. Furthermore IPO coming soon......all fund manager rate " overweight". Hope today can close above 1.33 to continue the up trend....

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-09-29 12:25 | Report Abuse

" Malaysia's largest pension fund is looking to diversify its investment portfolios in a bid to boost returns, according to Chief Executive Shahril Ridza Ridzuan.
The Employees Provident Fund plans to invest more in private equity, property and infrastructure, Sharil said....."

yk1188

132 posts

Posted by yk1188 > 2016-09-29 13:16 | Report Abuse

Hope they invest in ecoworld not mahsing or uem...

yk1188

132 posts

Posted by yk1188 > 2016-09-29 16:12 | Report Abuse

Overnight queues on eve of EcoWorld’s Firsts project launches

Posted by Foon Lian Way > 2016-09-29 16:36 | Report Abuse

looks like today will stay 1.33 only. cannot go 1.35

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-09-29 17:04 | Report Abuse

Be patience, it will come.

LilyLL

661 posts

Posted by LilyLL > 2016-09-29 18:05 | Report Abuse

Today no power still1.33 only. Tomorrow Friday take profit Monday holiday wait tuesday

Nigel Low

1,463 posts

Posted by Nigel Low > 2016-09-30 09:39 | Report Abuse

Loading up, heading up soon.

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