yongch Hahahaha...3年前说了,这条废材驴子总于找到人爱要私定终身,当初还有那条一支骨的说驴子多厉害,家产万地,业绩年年有余。。。更有那位说今年刚过孟兰中元驴子一定股价马币8.88还傻傻逼叫我准备请吃饭。。。,kikikiki...早早在驴子马币1.60就叫你们这些散户赶快卖赶快跑赶快丢票。。。kikikiki..结果那一支骨应该买进最多吧! 早在3年前都说了,驴子始终是条驴子,到处欠钱,到处买贵地就是盼望散户们大大高价买进它家股票,亏了还傻傻帮它讲好话,1.80..1.60...1.50...1.40..1.30..1.20..1.1..1.0..0.9..0.8..0.7..0.6..0.5..0.45..一直跌今总于找到一条一样番薯一起玩私有化,想温馨问问你们这些一直买进的散户们,还好吗?尤其哪位盼望马币8.80,还有那一支骨不是永远看好避兰东佬吗?。。。人生路不熟,就别硬硬跟自己血汗钱过不去嘛,当花钱买个教训咯!千万别怨,早早已经苦言奉劝告你们,却当耳边风还不断调侃,,whether u like it or not it going to TP 0.30!!!!!kikikiki...一路顺风哦! 05/10/2020 1:15 PM
Salient points to the proposed merger: 1. Ecoworld worth 46.9 sen 2. UEMS worth 44.3 sen 3. LKS still makes 1.9 sen as he bought from his son at 45 sen. 4. LKS is a stupid idiot if he sells his shares to UEMS. Why? 5. UEM Group is not involved in this exercise except it is a controlling share holders of UEMS. It should not send the letters to both UEMS and Eco World BoD. This amounts to taking away power (and perhaps legal obligation) of UEMS Board. 6. In essence, it is UEMS buying up Eco World in 100% share swap, no alternative for cash consideration for minority share holders. 7. If UEMS acquired more than 33% of Eco World, MO is triggered, UEMS must offer cash alternative. UEM Group has nothing to do with the acquisition. 8. Don't make thing so complicated. It is merely a proposal to acquired Eco World. 9. Take note most (if not all) shares held by controlling share holders of Eco world are pledged for financing. Will the creditors accept UEMS as collateral for LKS and his machai? If not, will the creditors sanction the exchange of Eco World shares with UEMS?
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?
Actually all who bought property from 2009 till now are all like hairy crabs. Market prices are fake because no one wants to buy into a falling market!
Just like when your daughter refused to be raped, the rapist will say you are wrong because your refusal is causing a lots of trouble to those who were trying to help your daughter.
Just like when Warisan refused to pass over power, the power robbers said just because you refused to surrender power, your call of election caused a covid cluster.
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.
Accounting tricks can also be used to manufacture profits where there are actually none. Launch properties left right & centre as though it's so easy to buy & so cheap. In reality everything they launch is super-overpriced( > 5x average household income) even last yr & even more so with a Covid-depression looming.
If their biz is so good you think it would be neccesary for last year's laughable deal where father had to rescue son from his shareholding. Supposedly record profit but share price drop like s ai.
Good for goreng only. For LT investors, it is quite certain that dividend over the next 20 years will not recover capital invested. ST trading play as there are many traders.
Wah....Hahahaha ,goreng down or up? ECOWLD traditionally is goreng downwards, Hahahaha..what a joke ! Panter will never lost it's spots even it's coming to the end. 狗改不了吃屎@
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....
yeochingu
1,907 posts
Posted by yeochingu > 2020-10-05 13:25 | Report Abuse
Mini Bull, 别做傻孩子了啦
recession 讲了1年还在讲
笑话说久了也会闷的ok
kikikiki