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

Slone

27 posts

Posted by Slone > 2015-07-09 16:42 | Report Abuse

every morning seem like some big player trying to push down the price.....every morning...

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-09 16:47 | Report Abuse

Pls don't push down...i invested quite a lot here..:-(

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-09 21:59 | Report Abuse

U.S. stocks rose, with the Standard & Poor’s 500 Index climbing from a four-month low, amid a rebound in Chinese equities and as optimism grew that a Greek debt crisis won’t spread.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-10 09:16 | Report Abuse

Eco World International Bhd (EWI) is on track to list on the local bourse in the first quarter of next year.

Posted by winwinyarazhi > 2015-07-10 15:29 | Report Abuse

Laoliu: hw abt their london project..popular not ?
Got ppl buy ?

Posted by winwinyarazhi > 2015-07-10 15:30 | Report Abuse

But Ecoworld no any dividend...so disappointed

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-10 22:56 | Report Abuse

winwinyarazhi : The three projects - London City Island, Embassy Gardens and Wardian London have a total GDV of £2.257bil (RM13.33bil). The strong demand was reflected in London City Island Phase 2 which currently has achieved an 84% take-up rate with firm bookings of the 419 untis with several weeks after its official May 30 launch. Eco World Ballymore{Joint-venture between Eco 75% / UK-based Ballymore group 25%} has recorded strong sales value for Phase 2 of about £210mil. Company had expected Malaysians to make up only about 10% of buyers for the three London projects while the rest to be international buyers. Phase 2 London City Island project sales comprised 25% Malaysians who made firm bookings, another 25% were by Singaporean buyers. The weakening of the ringgit would not impact Eco World as its bank borrowings are in pound sterling.

Posted by winwinyarazhi > 2015-07-11 00:32 | Report Abuse

Maybe big players push down the price ,
Purpose is collect more lower price...

4u2c

3,553 posts

Posted by 4u2c > 2015-07-12 13:39 | Report Abuse

13 bil over how many years ? current is abt 600 mil per year only....This share has the potential growth

mr x

589 posts

Posted by mr x > 2015-07-12 22:18 | Report Abuse

yes EWI doing fine in england, with 3 projects in the pipeline but how EWB get the benefits from EWI

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-13 12:41 | Report Abuse

Overall business performance for ECO is positive but just the movement of stock price {sideway}, probably need to hold a bit more longer...

kleboy

292 posts

Posted by kleboy > 2015-07-13 15:48 | Report Abuse

LaoLiu How long need hold.
Many people can share during buying.
Seldom people share during selling.

geary

6,378 posts

Posted by geary > 2015-07-13 18:55 | Report Abuse

Ecowld is for long term, at least 2 yrs. If u want to earn quick capital gains, don't buy this company. No dividend for 3yrs n d price will appreciate only after, one or two yrs.We need to see d quarterly profits, recent quarter profits increase more than 250%. If it keeps on increasing like this, it will attract big funds investors n momentum traders. So need to be Patience!!!

Posted by winwinyarazhi > 2015-07-13 22:03 | Report Abuse

Agree

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-14 00:13 | Report Abuse

Just like what greary said, patience is the key...as long as the fundamental there, is just the matter of time for it to move up. Adding, Savills Research forecasts[Next Five Years] prices in the London market to rise 22.7%, expects rent to rise 17.1% ,with all prime areas in London also have a 35.4% growth. Worth to invest but no quick profits.

Posted by sayakamiyuki > 2015-07-15 08:22 | Report Abuse

The Eurozone debt crisis may affect the new housing projects of Eco World Development Bhd (ECW). Next few quarter financial result will be bad. Stay away from this counter for a while.

Posted by sayakamiyuki > 2015-07-15 08:25 | Report Abuse

Ecoworld management already said, no dividend for next one or two years. No point to buy now.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-15 15:29 | Report Abuse

Need to be very patience on this Eco...

supernova

1,923 posts

Posted by supernova > 2015-07-15 16:01 | Report Abuse

some part of me is angry with this counter, but some part of me is telling me to continue have faith with Tan Sri

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-15 22:40 | Report Abuse

supernova, i have the same feeling here too.

Slone

27 posts

Posted by Slone > 2015-07-16 09:59 | Report Abuse

i m cashing out from this counter, 2-3 years i might double (or +++50%) of my capital...with others counters...

Posted by eisteinbrook > 2015-07-16 12:33 | Report Abuse

Drop drop drop..hahahahahha

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-20 09:10 | Report Abuse

Time to move..slow n steady~

Posted by winwinyarazhi > 2015-07-20 09:22 | Report Abuse

...lai liao

geary

6,378 posts

Posted by geary > 2015-07-20 17:19 | Report Abuse

mr eisteinbrook! u can hahaha! to d bank cz of short selling. we or i also can hahahahahaha! to d bank cz i can buy at a lower price! actually short sellers also a blessings for long term buyers! d only mistake in buying n selling stocks is what? don"t borrow $ n standby your bullets n a bit of diversification of ur portfolios. u will fail if u borrow n need to pay back your debts! gdluck1

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-21 10:38 | Report Abuse

We recently visited Eco World International (EWI) project sites in London, UK (London City Island (LCI) @ East London, Wardian @ Canary Wharf, Embassy Gardens @ Nine Elms). We came back feeling positive on the prospects for all three projects due to their high connectivity, crowd-pulling factors and diversified target market for each project. To illustrate, LCI, a medium-high-end residential development, is benefitting from the regeneration efforts which have resulted in higher-than-average price appreciation; we also believe this project is aimed at the owner-occupier segment or one that will appeal to the younger population. The highend residential, Wardian, is tapping onto London’s financial hub and will be an ideal rental market for the working professionals at Canary Wharf. Embassy Gardens, another high-end development, will appeal to those wanting a sought-after address in London or/and is also targeted at the owner-occupier market. Post our visit, we are confident that all three projects will be well received as London remains a safe haven for many global investors, particularly under the current volatile environment in Europe and Asia. Thus far, the recently launched LCI has done well with c.85% takeup rate. The media has quoted Tan Sri Liew saying that they aim to list EWI by 1QCY16 via direct IPO market capitalisation, and we still expect ECOWLD to take-up a 30% stake in EWI. This should provide news flow for ECOWLD, which will help buoy its currently depressed share prices. Maintain OUTPERFORM on ECOWLD with unchanged TP of RM2.05, representing a 40% discount to our FD RNAV of RM3.17.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-21 13:02 | Report Abuse

All-positive for Eco, chance to buy low now before it goes up..

Posted by syafiqsharian > 2015-07-21 13:42 | Report Abuse

long term invesment, kipidap!

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-21 16:08 | Report Abuse

Maintain buy at current price with great discount..

Posted by Jit Sheng Tan > 2015-07-21 17:16 | Report Abuse

can collect liao, patience is the key

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-22 09:49 | Report Abuse

Yeap,can collect. Buy low now, sell high later on..

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-22 10:19 | Report Abuse

This eco is starting the engine to move north way.

KB L818

2 posts

Posted by KB L818 > 2015-07-22 12:01 | Report Abuse

looks like the price has reach its lowest supporting point....with more encouraging news being released, the price should go up...

tamura

112 posts

Posted by tamura > 2015-07-22 17:02 | Report Abuse

i thought before that already got so many encouraging news....cos of this counter lost a lot...don't know is it need to wait till gray hair come out only will break even

Posted by Edwinyee826 > 2015-07-22 23:45 | Report Abuse

Need To wait government stable down .., only going up

Posted by sayakamiyuki > 2015-07-23 08:37 | Report Abuse

not the right time to buy in now. next few quarter profit will be lower. No dividend pay out for next two years.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-23 09:26 | Report Abuse

Buy with a Tp of 2.05.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-23 10:19 | Report Abuse

Buy before it goes up higher..

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-23 11:04 | Report Abuse

Fly high now ! Maintain BUY~

kleboy

292 posts

Posted by kleboy > 2015-07-23 11:55 | Report Abuse

can sustain the up trend?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-23 12:08 | Report Abuse

Sure can sustain..uptrend ongoing, accumulate..

Posted by Wang Masuk > 2015-07-23 12:08 | Report Abuse

fly

Posted by urbansaint > 2015-07-23 12:16 | Report Abuse

go go go.....

Posted by pineapple8888 > 2015-07-23 13:32 | Report Abuse

May up till 4, a new cycle again! Huhu

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-23 15:11 | Report Abuse

Buy now, still at discount..will move up higher.

Posted by winwinyarazhi > 2015-07-23 15:22 | Report Abuse

Why suddenly up...?

Posted by winwinyarazhi > 2015-07-23 15:23 | Report Abuse

Lao liu : when the reports out...?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-23 16:24 | Report Abuse

winwinyarahi, probably this coming september.. as the recent report announced at date 17 Jun 2105.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-23 16:26 | Report Abuse

Buy, buy ---> Tp 2.05

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-07-23 16:37 | Report Abuse

Fundamental + Technical + Volume, all positive for Ecoworld. Buy.

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