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

cychoy

19 posts

Posted by cychoy > 2015-06-17 19:09 | Report Abuse

EWI is looking to list under 'market capitalization' route..... no more SPAC

chinesetea

1,390 posts

Posted by chinesetea > 2015-06-17 19:58 | Report Abuse

Rocketboy, they do not need more landbank, they already work on several projects that are in the final phase and launch phase, such as the ecoworld ballymore. These guys are super clever. They do not want to start from zero. They will jump start. Time is limited for liew and gangs at their 50s. They want to build something in 5 years that took spsetia 20years. Look at their land bank, drom 13billion to 40billion in short space of time. That's why if want to invest , better get on quickly as the first 3 years will be explosive. Look at their revenue. 3 times. If continue like this, unimaginable.
I suggest you to look at this document
http://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=65364&name=EA_GA_ATTACHMENTS
Nothing is changed except now they use listing instead of spac as their international vehicle


Good luck.

Posted by rocketboy91 > 2015-06-17 22:55 | Report Abuse

Chinesetea yes. You are right. Just read the news.

genesis81

348 posts

Posted by genesis81 > 2015-06-17 23:49 |

Post removed.Why?

Posted by YDPChairman > 2015-06-18 10:46 | Report Abuse

very volatile, but Tan Sri is very good at churning out good spin . Bought at 1.48 yesterday so will take profit at 1.62 -10% will be good enough for semi retiree-

kleboy

292 posts

Posted by kleboy > 2015-06-18 11:48 | Report Abuse

Is moving up ...

chinesetea

1,390 posts

Posted by chinesetea > 2015-06-18 14:39 | Report Abuse

Most people think no spac,no good. Actually listing in in bursa is better as now they start to have asset.
Spac only for those that don't have record and asset, like investment fund managers.
Ewi is like ecoworld v2. Ecoworld v1 iwn some part of ecoworld v2. These two combined become huge force. Once ecoworld v2 gain name , v1 will also benefit.
Ecoworld should worth a lot more if you believe they can sell 7b in next two years. So far they are on track.

newbie1234

880 posts

Posted by newbie1234 > 2015-06-19 08:35 | Report Abuse

in april i see the price from rm 2 now rm1.5.. wah...

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-19 09:03 | Report Abuse

Uptrend ongoing.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-19 10:58 | Report Abuse

ECOWLD staged a strong rebound yesterday to close at RM1.52. The share price has been hammered by almost 30% from its multi-month high of RM2.10 since end of February this year. Chart-wise, the technical picture is showcasing positive signals with key indicators heading north especially both RSI and Stochastic indicators rebounded from its oversold territory (refer to Figure 4). We believe buying interest has emerged and thus we are placing a “Trading Buy” on the stock with a target price of RM1.70.

Posted by Canon Preview > 2015-06-19 11:32 | Report Abuse

down trend is coming ..

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-19 11:39 | Report Abuse

Nope, is going to fly high real soon..

Posted by Canon Preview > 2015-06-19 12:56 | Report Abuse

ban ban tan .com ... plz

supernova

1,923 posts

Posted by supernova > 2015-06-19 13:41 | Report Abuse

long way to up.

oks911

156 posts

Posted by oks911 > 2015-06-20 01:14 | Report Abuse

WCT vs ECOWORLD ... WINNER IS---- > ECOWORLD

mirilang

411 posts

Posted by mirilang > 2015-06-21 12:19 | Report Abuse

is a strong buyin signal,this stock just start moving upward,ascending trend.,dont sell.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-22 09:16 | Report Abuse

Going to breakup 1.600 soon..

supernova

1,923 posts

Posted by supernova > 2015-06-22 10:17 | Report Abuse

need tongkat ali. still losing 10 cent

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-22 11:27 | Report Abuse

So far so good for Ecowld, maintain BUY.

supernova

1,923 posts

Posted by supernova > 2015-06-23 12:30 | Report Abuse

downtrend again. sakit hati. such a niche property taikor

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-23 12:32 | Report Abuse

T.T, pls don't downtrend, i am holding quite a lots here..

supernova

1,923 posts

Posted by supernova > 2015-06-23 12:34 | Report Abuse

me too. i continue buy low to average. now i loss count total how many coz i got 2 trading account.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-23 12:48 | Report Abuse

2 trading account..no wonder. Me too, average the 3rd time aldy..T.T almost no bullet aldy.

supernova

1,923 posts

Posted by supernova > 2015-06-23 13:15 | Report Abuse

one is for pledge and one is upfront.

mirilang

411 posts

Posted by mirilang > 2015-06-23 17:53 | Report Abuse

consolidate upwards,every month breaking new high.

Posted by Eddie Soon > 2015-06-24 01:19 | Report Abuse

not only u all gangs..i also no bullets to average edi..haiz..keep on dropping although have good new

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2015-06-24 02:06 | Report Abuse

Don't you guys think the P/E ratio a bit high ?

Posted by ecoinvestor > 2015-06-24 04:38 | Report Abuse

X
ecoinvestor If they are on target to make 7billion sales on top of owning 30% of ewi, what will be the PE?
Wondering why EPF buying such high PE counter? To answer this question, you need to read more. Still want to stick with spsetia? Ecoworld will take over and overtake spsetia sooner than you think :-)

supernova

1,923 posts

Posted by supernova > 2015-06-24 08:48 | Report Abuse

i heard Eco Sanctuary Project @ kota kemuning selling quite good. hopefully next QR is great!

Although i cant afford Tan Sri property, but im his fansi also.

"Eco Eco Happy World"

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-24 10:58 | Report Abuse

Agree with @supernova. Go, go Ecoworld..Still positive.

Vin Cullen

1,547 posts

Posted by Vin Cullen > 2015-06-24 23:24 | Report Abuse

This counter up from RM0.70 to RM3.90 ~ After split 1 into 2...
RM2.00 rise to RM2.50 again !! Which mean (RM5.00 before split)
After right issued & warrant adjusted ...became RM2.50 ==> RM2.10
Then RM2.10 drop to RM1.53....
OVerall...
The price now actually Is RM3.40 ~~ (After split + Right issued + -WA)
So consider high PE or Undervalue ??

Posted by ecoinvestor > 2015-06-25 05:44 | Report Abuse

Vin,

When it was 0.70 , what was the size of GDV?
Now how many times more? It is a completely different company with massive landbank and years of GDV ahead.
When it was 0.70, it was a small not well known company called Focal Aim. Now almost all talented stuff has moved from SPSetia to Ecoworld. There are 3 factors, I consider most important in property investments. Location, Quality (Brand), Management. Ecoworld tick all the boxes.
If you use PE to value this share, you will never get it. The TTM didn’t all include Revenue from Ecoworld Sdn. In quarter 01-31, only very small proportion was included. The most recent quarter, you see sudden increase in revenue, that’s because this is the first time Ecoworld Sdn projects are included after all the corporate excericse. See the figure at the bottom

If the trend continue like this and 7bn sales as targeted, you will see a sudden drop in PE. Don’t forget the 30% ownership of EWI and that will suddenly improve the revenue and that is about 135m revenue for the next 5 years. Recent private placement’s price was 1.62, at current price, it’s a no brainer and a steal!

Quarter Revenue
2015-04-30 417,822
2015-01-31 158,027
2014-10-31 36,035
2014-09-30 35,633

Posted by Eddie Soon > 2015-06-25 15:33 | Report Abuse

1.50...AIYO ecoworld!

oks911

156 posts

Posted by oks911 > 2015-06-25 18:32 | Report Abuse

Despite good sales but why still drop like no tomorrow?

Posted by liveanotherday > 2015-06-25 18:59 | Report Abuse

Drop to 1.50 with 700k+ volume

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-25 19:27 | Report Abuse

Tomorrow, will rebound back upwards abit. 1.500 strong supporting there.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-26 11:18 | Report Abuse

Eco engine gonna start moving back north !

yam85

1 posts

Posted by yam85 > 2015-06-26 12:23 | Report Abuse

Looking at the indicators, the company is experiencing bearish stock performance. Seems like it is going down. Hopefully I am wrong as I look at this company with high hopes.

Posted by Canon Preview > 2015-06-26 14:34 | Report Abuse

1.49 now

oks911

156 posts

Posted by oks911 > 2015-06-26 15:27 | Report Abuse

1.5 support~

Posted by winwinyarazhi > 2015-06-28 15:19 | Report Abuse

Write a comment..monday......Hw
All black?

tamura

112 posts

Posted by tamura > 2015-06-28 21:38 | Report Abuse

support this counter from 1.9++ till 1.6++...less and less confident..but if sell really big lose..no choice .just wait and see

joshuacfy

92 posts

Posted by joshuacfy > 2015-06-29 09:32 | Report Abuse

1.48 now

Posted by eisteinbrook > 2015-06-29 10:52 | Report Abuse

Earlier ask u all sell den dun wan listen...see now drop like hell

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-29 10:56 | Report Abuse

Index keep on fluctuate, currency continue on weakening..The market is really bad! Ecowld also hard to support..1.460 now..Jesus Christ !

Slone

27 posts

Posted by Slone > 2015-06-29 10:56 | Report Abuse

i had sold all around 1.6++.. lost plenty....consider go in about 1.40

Slone

27 posts

Posted by Slone > 2015-06-29 10:58 | Report Abuse

consider malaysia rating too.. end of the month..one more day.....

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-06-29 11:03 | Report Abuse

I will on wait and see mode, if go down further, consider to average it...

Posted by tradetw92 > 2015-06-29 11:04 | Report Abuse

waiting too..

Slone

27 posts

Posted by Slone > 2015-06-29 11:17 | Report Abuse

i never leverage....buy or sell... that simple.

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