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

pineapple

226 posts

Posted by pineapple > 2015-12-04 18:30 | Report Abuse

Lol

Posted by bigBullyPantsDown > 2015-12-05 01:36 | Report Abuse

Liew scolded Yap and Chang for sending his name to hell! Sold wintoni, buy eco world, or just fake show?
http://klse.i3investor.com/blogs/bursakingcross/87288.jsp

oks911

156 posts

Posted by oks911 > 2015-12-06 14:58 | Report Abuse

Bukit Bintang City Centre (BBCC) - Where Life Is Spectacular!

kk123

1,964 posts

Posted by kk123 > 2015-12-06 15:21 | Report Abuse

Could haunt this stock
It's a jail previously - many spirits around

Posted by winwinyarazhi > 2015-12-06 22:56 | Report Abuse

Talk cock...haha.
Ur house underground also got mny spirits...b4 u move in ..its ady stay inside..u can't see only

Posted by expertmillion > 2015-12-06 23:10 | Report Abuse

Prepare for tmr shoot up!

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-07 12:11 | Report Abuse

Buy before QR release soon in this December, will shoot up..

joshuacfy

92 posts

Posted by joshuacfy > 2015-12-07 14:50 | Report Abuse

When QR coming?

Posted by Shadowheartzz > 2015-12-08 12:01 | Report Abuse

may i know why no buyers?

Posted by bigBullyPantsDown > 2015-12-08 12:06 | Report Abuse

Not again, yap kok weng pull eco world guys into graveyard. Haunting land development, haunting speculation, haunting investors. Looks like Holland ship.
http://klse.i3investor.com/blogs/bursakingcross/87751.jsp

Posted by Shadowheartzz > 2015-12-08 13:29 | Report Abuse

SO, will ecowld shares being affected by the news?

Posted by Ong Shiou Ling > 2015-12-08 13:59 | Report Abuse

The peak is yet to come. Shall just wait and see.

mondrian

381 posts

Posted by mondrian > 2015-12-08 14:10 | Report Abuse

QR report should be this week

vxpoison

1,906 posts

Posted by vxpoison > 2015-12-08 21:48 | Report Abuse

KWSP still buying.... something is cooking!

joshuacfy

92 posts

Posted by joshuacfy > 2015-12-09 15:25 | Report Abuse

Many people is selling...somethings not right?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-09 15:45 | Report Abuse

Reversing up occur, Hammer.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-09 15:52 | Report Abuse

Signal Buy !

joshuacfy

92 posts

Posted by joshuacfy > 2015-12-09 16:00 | Report Abuse

Going to breakout?

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-09 16:04 | Report Abuse

joshuachy, ya..breakout coming soon.

joshuacfy

92 posts

Posted by joshuacfy > 2015-12-09 16:10 | Report Abuse

Okay. Thanks LaoLiu!

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-09 16:30 | Report Abuse

Closing is better to be green 1.450-1.440. If close 1.430, formed Doji.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-09 16:32 | Report Abuse

You are welcome, joshuacfy.

Lim Vocal

14 posts

Posted by Lim Vocal > 2015-12-10 13:41 | Report Abuse

fast buy

vxpoison

1,906 posts

Posted by vxpoison > 2015-12-10 14:17 | Report Abuse

u all sell.... we all slowly buy now to average down furher.... QR coming....

Posted by Mohd Fahmi Bin Jaes > 2015-12-10 14:24 | Report Abuse

quarter already out

Lim Vocal

14 posts

Posted by Lim Vocal > 2015-12-10 14:25 | Report Abuse

buy.....

joshuacfy

92 posts

Posted by joshuacfy > 2015-12-10 14:43 | Report Abuse

Queueing@1.42

Posted by bbcoffee_520 > 2015-12-10 15:12 | Report Abuse

good profit

Posted by Shadowheartzz > 2015-12-10 15:18 | Report Abuse

BUY

joshuacfy

92 posts

Posted by joshuacfy > 2015-12-10 15:33 | Report Abuse

Flying soon?

Posted by bbcoffee_520 > 2015-12-10 15:50 | Report Abuse

waiting good dividend : )

chooken

49 posts

Posted by chooken > 2015-12-10 16:00 | Report Abuse

nah, focus growth, no dividend

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-10 16:01 | Report Abuse

Quarterly rpt on consolidated results for the financial period ended 31 Oct 2015
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4947377
Revenue : 681,935
NP : 19,693
EPS : 0.83

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-10 16:02 | Report Abuse

OTHERS ECO WORLD DEVELOPMENT GROUP BERHAD (EW BERHAD) EXPRESSION OF INTEREST FOR THE SUBSCRIPTION OF SECURITIES IN ECO WORLD INTERNATIONAL SDN BHD (EWI) (PROPOSED SUBSCRIPTION)

The Board of Directors of EW Berhad wishes to announce that EW Berhad and EWI have mutually agreed on certain key terms and conditions relating to EW Berhad’s proposed investment in EWI in conjunction with EWI’s plan to undertake an initial public offering (“Proposed IPO”) and listing on the Main Market of Bursa Malaysia Securities Berhad (“Proposed Listing”). Further details of the Proposed Subscription are set out in the attachment of this announcement.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-10 16:06 | Report Abuse

Maintain buy for Ecoworld ! Going up soon.

tom85

36 posts

Posted by tom85 > 2015-12-10 17:54 | Report Abuse

Look like Quarter Report quite good.. how come still drop today!

chooken

49 posts

Posted by chooken > 2015-12-10 18:08 | Report Abuse

patience

Posted by winwinyarazhi > 2015-12-10 18:13 | Report Abuse

Next time egm coming..we all go n scold them..
Ask them give dividend

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-11 09:02 | Report Abuse

Good result, sure gonna move up.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-11 09:03 | Report Abuse

Near term Tp 1.650 - 1.700

joshuacfy

92 posts

Posted by joshuacfy > 2015-12-11 09:03 | Report Abuse

Good Morning EcoWorld

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-11 09:05 | Report Abuse

Flying mode on Ecoworld now.

kcwong

229 posts

Posted by kcwong > 2015-12-11 09:34 | Report Abuse

Accumulate now for mid term growth. BBCC bukit bintang will be launched in 1Q 2016. High chance up up up!!!

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-11 09:55 | Report Abuse

Uptrend ongoing, Buy !

yongch

1,104 posts

Posted by yongch > 2015-12-11 10:05 | Report Abuse

Thiscina pek making lot money but very stingy report out 3billion but no dividend...take profit n sell!!:)

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-11 10:26 | Report Abuse

Buy, going to goes up higher, good report.

kcwong

229 posts

Posted by kcwong > 2015-12-11 10:36 | Report Abuse

3 billion sales is future profit but net profit 3Q only 20 million, thats y no dividend. buy for principal growth.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-11 10:47 | Report Abuse

CIMB Research maintains Add on Eco World
KUALA LUMPUR: CIMB Research has maintained an Add call for Eco World Development Group with a target price of RM1.90, it said in a note on Friday.
The research house said Eco World's FY15 results were above expectations, as net profit came in 12% above its forecast.

"FY15 net profit beat consensus estimates by a wider margin of 37%. Unbilled sales increased from RM3.99iln in 3Q to RM4.16bil in 4Q. Eco World did not declare any final dividends, below our expectation of 1 sen," it noted.

It said that Eco World sold RM3bil worth of properties in FY15, exactly in line with its target.

RM1.58mil or 53% came from the Klang Valley (Eco Majestic recorded RM810mil in sales, while the maiden launch of Eco Sanctuary recorded RM653mil in sales), RM1.21bil or
40% from Johor and RM224mil or 7% from Penang," it said.

The group is keeping to its sales target of RM4bil in FY16.

"This is very commendable, given that most developers have suffered lower sales this year and are not optimistic about the outlook for next year. Eco World is likely to pull further ahead of the competition in the coming years.

"The RM4bil sales target includes its portion of the BBCC project (40%) and Eco World International (30%) but does not include Eco Marina," it added.

CIMB said the two major upcoming projects to keep a close watch on in FY16 would be the RM8.8bil, 19.4-acre BBCC project next to the major shopping district in Kuala Lumpur and the RM10bil, 300-acre Eco Marina township in Batu Kawan, Penang.

Given the size of these projects and their strategic locations, they are likely to be key contributors to FY16 sales.

The 40%-owned BBCC project holds much promise and should draw strong interest once it wraps up a joint venture partner for the 1m sq ft mall.

LaoLiu

1,307 posts

Posted by LaoLiu > 2015-12-11 10:49 | Report Abuse

Eco World surpasses FY15 target, banking on BBCC
KUALA LUMPUR: Eco World Development Bhd has surpassed its sales target of RM3bil for the financial year 2015 (FY15).

It is now banking on the RM8.7bil Bukit Bintang City Centre (BBCC) project to drive sales in financial year 2016 (FY16).

President and chief executive officer Datuk Chang Khim Wah said the company achieved RM3.016bil sales for the financial year ended Oct 31, 2015, contributed by four projects in the Klang Valley worth RM1.579bil, six projects in Iskandar Malaysia (RM1.213bil) and two projects in Penang ( RM224mil).

The BBCC, a joint development by Eco World, UDA Holdings Bhd and the Employees Provident Fund (EPF), would be launched in the first quarter of next year, with construction to start in mid-2016 and completion expected in 8-10 years.

"The first phase of the development includes strata offices, retail space and a block of serviced apartments," he told a media briefing on the company's full-year results on Thursday.

For the FY15, the group recorded revenue of RM1.712bil and gross profit of RM411.9mil with gross margin averaging at 24%. - Bernama

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