Among smart exit via IPO, liew laughing all the way. Infact all property tycoons are laughing despite low stock price. They know well unable to give reasonable dividend for LT investors. ST trading play.
1. Father buy from son at 45 sen, need not pay for more than intrinsic value.
2. Mountain size debt killing all.
3. Property under Eco Brand not selling for it has priced out of market range (overprice lah)
4. Land cost extremely high. Landbank acquired at prevailing price prior to property slow down.
5. Cost for unsold units keep on adding, interest expenses, depreciation, maintenance cost for landed/ strata condo.
6. Very soon fire sale to clear stock. 5% discount, 10% discount, 15% discount, 20% discount, 25% discount, 30% discount, and finally at 45% discount fire sales.
7. Ecoworld International is another sick child. Medical fees will be unbearable.
8. Many other very well managed property counters with strong cash flow, low land cost, strong brand, trustworthy directors, good dividend pay out, low PE, low P/B. All are having much better prospect than Ecoworld. Why go for lemon when you can find orange for the same price?
Ah Gu says Ecoworld is very strong, very big company because every big town and city has housing projects. Ecoworld has how many and how many millions in cash and inventories. And LKS keep on building more and more houses. Is it true Ecoworld so invincible? No! These fellas only see tree instead of forest. These fellas only see cash Ecoworld has instead of its massive borrowing. These fellas only see LKS building more and more houses, but do not know more and more houses cannot sell.
What else can I say? Ah Gu is not better than many idiots promising heaven and earth in this forum. Ah Gu is nobody. Just ask if he still has any cash left? If he still has money, he should be very happy to buy more and more Ecoworld when it come down to 45 sen, or better still if it is 20 sen.
Why is he cursing everyone with opposite opinion on Ecoworld? Surely he must have run out of money to buy more. Surely he has lost most of his money. Surely he must have stuck all his fortune in Ecoworld.
No need to see this quarterly rpt on consolidated results for the financial period ended 31 Jul 2020 ,, everybody already expected the same result ---in Red !
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apalumau
2,192 posts
Posted by apalumau > 2020-09-21 13:09 | Report Abuse
@4453. 听说才哥要去香港开档喔,有没有听到是真是假???咱们这些井底之蛙,真是那里都去不了..........