Posted by LaoLiu > 2015-12-11 10:51 | Report Abuse

Eco World International to submit IPO application by 1H16
KUALA LUMPUR: Eco World International Bhd (EWI) will submit the necessary listing documents to the Securities Commission (SC) by the first half of 2016.

EWI handles the international operations of the Eco World brand, which is currently focused on the United Kingdom and Australian markets.
Asked on its IPO update, president/chief executive officer Datuk Teow Leong Seng said the company was in the process of making an application to the SC.

"We expect it to be completed in the first half of next year," he told a media briefing on Eco World Development Bhd's full-year results on Thursday.

Subject to the approvals of the relevant authorities, Eco World Development also plans to take up a 30% stake in EWI's IPO.

EWI initially planned to set up a special-purpose acquisition company (SPAC) to be listed on Bursa Malaysia, but the plan was scrapped once it identified assets to acquire.

EWI would utilise the RM2bil proceeds from the IPO to develop the four projects it acquired, namely the London City Island Phase 2, Embassy Gardens Phase 2, the Wardian London and the West Village in Parramatta in Sydney, Australia.

As at Oct 31, EWI has secured 554 million worth of sales, with 437 million from the three projects in London and the remaining 117 from Sydney.

On outlook, Teow expressed confidence that the UK and Australian markets would continue to do well given their vibrant economies.

"In London, the property market is characterised as having a shortfall in supply because only less than half that is demanded there is actually being supplied due to strict planning laws and shortage of good sites.

"Furthermore, London is growing in population while its employment rate continues to increase," he added. - Bernama

Posted by LaoLiu > 2015-12-11 10:56 | Report Abuse

Malaysia's Eco World International to raise RM2bil in IPO
KUALA LUMPUR: Property developer Eco World International Bhd (EWI), which focuses on projects outside Malaysia, has set a target to raise RM2bil in its initial public offering (IPO) next year.

President and chief executive officer Datuk Teow Leong Seng said the company was in the process of submitting its IPO application to the Securities Commission, which it hopes can be finalised in the first half of next year.

The company, which will see Eco World Development Group Bhd taking up a 30% stake upon the listing, will use the proceeds mainly on its ongoing projects in London and Australia.

The public will hold a significant portion of the remaining 70% stake.
http://www.thestar.com.my/business/business-news/2015/12/11/rm2bil-ipo-target/?style=biz

Posted by LaoLiu > 2015-12-11 11:06 | Report Abuse

All positive, good news on Ecoworld !

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

Eco World Berhad - Better Than Expected
http://klse.i3investor.com/blogs/kenangaresearch/87939.jsp

Posted by chiongster1234 > 2015-12-11 11:38 | Report Abuse

zzzzz

Posted by Erik Sighton > 2015-12-11 12:22 | Report Abuse

Careful ...
http://www.theedgemarkets.com/my/article/s-p-setias-rm4b-sales-target-achievable-sales-has-declined-over-years?type=Corporate

Posted by LaoLiu > 2015-12-11 12:31 | Report Abuse

Now high at 1.480, so far so good.

Posted by LaoLiu > 2015-12-11 12:40 | Report Abuse

2015-10-31 Revenue : 681,935 Earn : 19,693 EPS : 0.83
2015-07-31 Revenue : 454,277 Earn : 9,393 EPS : 0.41
2015-04-30 Revenue : 417,822 Earn : 11,807 EPS : 0.79
2015-01-31 Revenue : 158,027 Earn : 3,059 EPS : 0.60

Posted by winwinyarazhi > 2015-12-11 12:59 | Report Abuse

TP : at least 1.70
That is a reasonable price

Posted by winwinyarazhi > 2015-12-11 12:59 | Report Abuse

Ecoworld hvn goreng yet....

Posted by kcwong > 2015-12-11 14:44 | Report Abuse

If break 1.50 will reach another support level today...

Posted by LaoLiu > 2015-12-11 16:11 | Report Abuse

Great, high at 1.500 now. Going straight to North way.

Posted by lanternshark > 2015-12-11 16:23 | Report Abuse

5.6% in a day!what are u waiting for???

Posted by kcwong > 2015-12-11 16:29 | Report Abuse

Going stong now, breaking 1.50!!!

Posted by LaoLiu > 2015-12-11 16:34 | Report Abuse

Probably a "gap up" will occur on coming Monday.

Posted by winwinyarazhi > 2015-12-11 16:37 | Report Abuse

Buy buy buy

Posted by LaoLiu > 2015-12-11 17:01 | Report Abuse

Closed at 1.500.

Posted by gankc2011 > 2015-12-11 17:11 | Report Abuse

We can't predict the down and upside. Best way I think is to buy using cost averaging method. Buy consistently if we believe in this company.

Posted by Besto > 2015-12-11 17:28 | Report Abuse

next week up up to 1.65

Posted by Kyou > 2015-12-11 17:45 | Report Abuse

still worth to buy on current price 1.50?

Posted by LaoLiu > 2015-12-11 20:06 | Report Abuse

Yeap, still worth to buy at current 1.500. Many positive news on Ecoworld.
2015-10-31 Revenue : 681,935 Earn : 19,693 EPS : 0.83
2015-07-31 Revenue : 454,277 Earn : 9,393 EPS : 0.41
2015-04-30 Revenue : 417,822 Earn : 11,807 EPS : 0.79
2015-01-31 Revenue : 158,027 Earn : 3,059 EPS : 0.60

Posted by yongch > 2015-12-12 19:15 | Report Abuse

Wah..all ecoworld galleries are closed 13/12 tmrw...big boss give early "angpow" n makan to all staffs?... Mmm...monday going fly fly high Liao!!!:)

Posted by 1983bubble > 2015-12-13 19:14 | Report Abuse

http://klse.i3investor.com/blogs/kianweiaritcles/87946.jsp
When every speculators holding 10 condos and 3 houses, suddenly they realise Eco world is just selling paintings and brochures at inflated price. The future suddenly looks like worth the brick and sand, land is overvalued. Sounds familiar? The manipulation of property price by using friends and associates suddenly becomes illegal like developed countries. Pang it goes collapse!

Posted by LaoLiu > 2015-12-13 23:58 | Report Abuse

認購綠盛世國際可受惠‧綠盛世財測上調
（吉隆坡11日訊）綠盛世（ECOWLD，8206，主板產業組）2015年業績表現超越預期，分析員看好該公司產業計劃需求強勁，同時將從認購綠盛世國際30%股權中受惠，因此上調財測。

馬銀行研究認為，綠盛世全年淨利揚升逾100%至4千400萬令吉，超出預期12%，主要是柔佛及士毛月發展計劃入賬進度比預期強勁，2016財政年銷售目標40億令吉，料由武吉免登市中心（BBCC）發展計劃及持有30%股權海外業務上市帶動。

為反映2015財政年業績、正面銷售入賬及出售率預測，該行將2016/2017財政年盈利預測上調29%及38%，預計不包括海外發展計劃潛在銷售，2018財政年銷售為28億令吉。
肯納格研究上調2016財政年盈利11%，銷售目標則因綠盛世國際發展計劃陸續推出，而從32億增至40億令吉，不過盈利僅在發展完成後才釋放，料無法顯著貢獻2016至2017財政年盈利。
綠盛世國際澳洲及倫敦發展計劃平均取得57%出售率，2015財政年銷售額5億5千400萬英鎊（約33億令吉）。
肯納格研究對該公司展望正面，看好可從城鎮計劃強勁需求中受惠，成為2016年少數銷售按年成長的發展商，並受惠於綠盛世國際即將上市、收購土地的消息。
安聯星展則相信，強勁品牌力量將提振市場信心，專注城鎮計劃料在產業買氣低迷期間支撐未來成長。
“雖然是新晉發展商，產業銷售空前迅速，反映買家對該品牌的信心，而且42億令吉未入賬銷售也將支撐盈利至2018財政年。”
該行認為，從首次公開售股活動認購綠盛世國際30%股權，將有助於該公司以較低成本投資海外市場。

兩大計劃值得關注
聯昌研究認為，綠盛世可能是今年杪取得銷售最高紀錄的大馬產業公司，值得稱讚的是，在大部份產業發展商今年飽受低銷售之苦及明年展望不樂觀之際，該公司依然維持40億令吉銷售目標。
“2016財政年有兩大發展計劃值得關注，即發展總值88億令吉的武吉免登市中心計劃及發展總值100億令吉的Eco Marina城鎮計劃，因大型規模及位於策略地點，料成為2016財政年主要貢獻者。”
http://klse.i3investor.com/blogs/sin_chew_hot_stocks/87978.jsp

Posted by timbermad > 2015-12-14 08:17 | Report Abuse

Tp 1.90? Wallaweyy.. Really need to see today

Posted by kcwong > 2015-12-14 08:30 | Report Abuse

TP 1.90 long term maybe, short term foresee 1.60~1.70...unless kena goreng, then could shoot up to 1.90~2.00.

Posted by chengfeng > 2015-12-14 13:17 | Report Abuse

why will shoot? other than profitable, what else good news?

Posted by LaoLiu > 2015-12-14 15:00 | Report Abuse

Don't forget next year 1st quarter of Eco World International IPO, which ECOWLD will take up 30% of stake.

Posted by pineapple8888 > 2015-12-14 23:16 | Report Abuse

That IPO is it related to the share we bought?

Posted by red_85 > 2015-12-14 23:48 | Report Abuse

today i cut this, switch all to KSL, KSL more upside =x

Posted by LaoLiu > 2015-12-15 09:57 | Report Abuse

Will have a breakout above 1.500 soon.

Posted by chooken > 2015-12-15 10:29 | Report Abuse

no penggoreng still hard to move... patience is gold. patience...zzzzzzzzzzzzzzzzzzz

Posted by LaoLiu > 2015-12-15 10:51 | Report Abuse

haha, agree, just the matter of time, and it will be just around the corner.

Posted by chiongster1234 > 2015-12-15 11:43 | Report Abuse

kikiki

Posted by kcwong > 2015-12-15 12:58 | Report Abuse

agreed

Posted by cmLai > 2015-12-15 13:39 | Report Abuse

wait until Fed.....

Posted by chengfeng > 2015-12-16 14:49 | Report Abuse

no news...

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

1.500 now, smthg good is coming..

Posted by LaoLiu > 2015-12-16 16:39 | Report Abuse

Time to buy Ecoworld ! Don't miss it out.

Posted by mondrian > 2015-12-16 17:32 | Report Abuse

Waited long enough.

Posted by LaoLiu > 2015-12-17 12:15 | Report Abuse

Buy, going to shoot up soon.

Posted by cmLai > 2015-12-17 12:17 | Report Abuse

The Force Awakens

Posted by xclawsx > 2015-12-17 12:40 | Report Abuse

Still observing this counter..

Posted by LaoLiu > 2015-12-17 16:04 | Report Abuse

Awaiting for it to breakout 1.500 and above.

Posted by LaoLiu > 2015-12-17 16:41 | Report Abuse

1.500 now, last few min push up.. Good !

Posted by LaoLiu > 2015-12-17 16:43 | Report Abuse

High at 1.510 now, breakout occur.

Posted by ryan7642 > 2015-12-17 21:36 | Report Abuse

Time to buy warrant~~mother up baby up too:) baby up wf higher % margin yo~~

Posted by Lim Vocal > 2015-12-18 16:03 | Report Abuse

go

Posted by LaoLiu > 2015-12-18 16:18 | Report Abuse

Ecoworld again back on track..Go !

Posted by LaoLiu > 2015-12-19 12:01 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD
Date Announced 14 Dec 2015
Acquired 09 Dec 2015 447,700
Direct (units) 213,698,700 / Direct (%) 9.039