Look at the gloves counters and you'll know if the decision to venture into gloves is a good idea for EW. Just stick to what they are good at and don't be a jack of all trades and master of none. MHO
Learn to read the technical and fundamentals of each stock. This will help you to make more money. If not, high chance will lose moni. Decision is in your hand.
Ecoworld already pass through the most difficult time. Town ship development initial stage is most heavy cash flow required to setup the site. Now is time to bear fruit. Most of their land value already appreciate, now is cashcow coming.
Ecoworld have good management...but the merger news with UEM really make investor disappointed...that make the share price press below 0.4 even with good profit achieve during 2020. Now the deal call off, but what is the intention behind the merger? Can it be purpose for pressing down the price? Or maybe UEM want to telan Ecoworld like what it happen to SPsetia previously? Will this kind of merger news happen again in near future? this could have negative impact on the share price...Ecoworld have very strong brand and do not need to merge to get better, infact company can always use JV model to expand their business and do not need to go through Merger method.
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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....
Newbieinshare
2,117 posts
Posted by Newbieinshare > 2021-03-04 17:24 | Report Abuse
Heard ecowrld want to be like mahsing. Venture into gloves