ECO WORLD INTERNATIONAL BERHAD

KLSE (MYR): EWINT (5283)

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Last Price

0.295

Today's Change

-0.005 (1.67%)

Day's Change

0.295 - 0.305

Trading Volume

266,900


7 people like this.

6,190 comment(s). Last comment by compoundingeffect 2 days ago

mancingbursa

4,268 posts

Posted by mancingbursa > 2018-03-13 14:45 | Report Abuse

!

GoldenShares

3,543 posts

Posted by GoldenShares > 2018-03-13 17:15 | Report Abuse

: )

mamatede

3,950 posts

Posted by mamatede > 2018-03-13 23:01 | Report Abuse

The thing with housing is, they dont really drop in price... if the price is not right, you can hold it, rent it or just keep it there. Based on their quarter report, they keep mentioning on unbilled sales etc. and keep highlighting on the new accounting practice. Correct me if im wrong is that, as long as the house have not completed, they cannot recognize the sales proceed. Even though the buyer has signed their spa and etc.

thek

232 posts

Posted by thek > 2018-03-14 17:47 | Report Abuse

The big thing is coming........... touching base of 1.00 and to break below 1 in no time? Just wait & see.

GoldenShares

3,543 posts

Posted by GoldenShares > 2018-03-15 12:18 | Report Abuse

waiting for sales report, : )

Ekkram

763 posts

Posted by Ekkram > 2018-03-15 12:32 | Report Abuse

This is just goreng counter, will continue report no profit every qr, just another counter of casino for ecoworld.

mancingbursa

4,268 posts

Posted by mancingbursa > 2018-03-15 15:23 | Report Abuse

goreng? goreng kepala otak, kau !

Jimmy Lim

291 posts

Posted by Jimmy Lim > 2018-03-19 09:05 | Report Abuse

suspended?

Special4U

182 posts

Posted by Special4U > 2018-03-19 10:21 | Report Abuse

proposed acquisition?

GoldenShares

3,543 posts

Posted by GoldenShares > 2018-03-19 11:08 | Report Abuse

Completion of the Stage 1 Acquisitions

mancingbursa

4,268 posts

Posted by mancingbursa > 2018-03-19 13:01 | Report Abuse

Down trend liao... Dun collect too early, tq

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2018-03-19 17:28 | Report Abuse

Sound like many stages to go and don't expect returns for minority, no wonder dropping trend.

mancingbursa

4,268 posts

Posted by mancingbursa > 2018-03-20 12:38 | Report Abuse

Longterm? Or just for me..

GoldenShares

3,543 posts

Posted by GoldenShares > 2018-03-22 16:38 | Report Abuse

well said live168, : )

Doer

423 posts

Posted by Doer > 2018-03-27 14:51 | Report Abuse

When is incoming QR out?

David Ng

330 posts

Posted by David Ng > 2018-03-28 13:52 | Report Abuse

today..after agm

J_mak

1 posts

Posted by J_mak > 2018-03-28 17:26 | Report Abuse

Any info regarding AGM?

s_id1234

39 posts

Posted by s_id1234 > 2018-03-28 18:56 | Report Abuse

Usually quarter result released at mid of month. This time purposely delay after AGM to avoid scolding by shareholders?

Posted by alextan5680 > 2018-03-29 17:23 | Report Abuse

After agm finally the price has rebound hopefully its a good sign

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2018-03-29 17:33 | Report Abuse

Personally feel extremely poor results. Believed many felt con by the management as recently someone quoted some overseas profits may be booked into the accounts.
Good luck and at best for speculation, no improvement after listed and was traded significantly below IPO, except management remuneration may be higher.

Posted by newbiehk2014 > 2018-03-29 18:32 | Report Abuse

still need to wait..ai

Posted by newbiehk2014 > 2018-03-29 18:54 | Report Abuse

the last minutes slight rebound mean someone think lower loss compared to previous quarters is a good news as coming quarters shall have profit coming in 2018?

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2018-03-29 21:36 | Report Abuse

Unfortunately today's announced big loss.

Ekkram

763 posts

Posted by Ekkram > 2018-03-29 22:22 | Report Abuse

Goreng counter every qtr report loss.. big boss vacation london, australia with family for business trip while actually shoppoing at harrods sponsored by shareholders, kah kah kah!

Posted by newbiehk2014 > 2018-03-30 08:10 | Report Abuse

report said profit only recognised in 3rd quarter onwards. Need to have holding power and patience this counter.

Posted by newbiehk2014 > 2018-03-30 08:56 | Report Abuse

so, can continue to zzzzz for the next 2 months

WY Chan

1,378 posts

Posted by WY Chan > 2018-03-31 08:27 | Report Abuse

knn

mancingbursa

4,268 posts

Posted by mancingbursa > 2018-04-01 09:24 | Report Abuse

.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2018-04-01 10:55 | Report Abuse

Did not go through the IPO doc, believed many feel con. So, just be patient for next 3 months and see how they continue too give good excuses and possible surge in remunerations.

lrbvuop

96 posts

Posted by lrbvuop > 2018-04-02 07:33 | Report Abuse

What is the good entry price ?

tuapuikia

2,346 posts

Posted by tuapuikia > 2018-04-02 09:58 | Report Abuse

Now

Posted by newbiehk2014 > 2018-04-04 18:40 | Report Abuse

opportunity to buy when dip further if believed got the good results coming in the next few months? need holding power and patience though.

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2018-04-05 11:09 | Report Abuse

At most distribute 1.5% dividends even good results as needs cash for development and acquisition.

mamatede

3,950 posts

Posted by mamatede > 2018-04-05 11:19 | Report Abuse

i'm giving up on this counter...

lincm86

168 posts

Posted by lincm86 > 2018-04-09 13:55 | Report Abuse

@mamatade,

My interpretation is the same, income is realized upon unit handover to buyers.
The current results are as such due to no recognized income yet, patient is needed.
According to Annual report 2017, first unit handover is between mid to end of 2018 is no delay. We can expect some greenish numbers by then. Let's wait then.

Please correct me if I have made mistakes, Thanks.

thek

232 posts

Posted by thek > 2018-04-10 08:31 | Report Abuse

lincm86 u r very wrong to believe that , developer starts to generate income follow the payment schedule in SPA, the very first income is 10% downpayment upon signing of SPA, follow by completion of foundation work. Upon handover time, left only can collect very minimum. Hope this help u to understand correctly for investing your fund in any developer share counter.

IIAM

15 posts

Posted by IIAM > 2018-04-10 15:32 | Report Abuse

thek your understanding is for malaysia's revenue recognition of property development, not international. EWI is following international recognition of revenue for property development, which is only recognizable once property is handed over. Read the annual report for the detailed explanation.

WY Chan

1,378 posts

Posted by WY Chan > 2018-04-10 17:18 | Report Abuse

poor understanding by thek

Posted by newbiehk2014 > 2018-04-10 17:42 | Report Abuse

forgive thek, he dint have chance to know overseas property mah..kesian

bluebiznet

1,179 posts

Posted by bluebiznet > 2018-04-10 18:25 | Report Abuse

Thek, sorry to say that you are the one who is very very wrong. LOL...

thek

232 posts

Posted by thek > 2018-04-11 14:39 | Report Abuse

Opp sorry my mistake, i overlooked it as ECW counter.

gnail

343 posts

Posted by gnail > 2018-04-11 18:48 | Report Abuse

don't worry, next quarter sure up

happyvic

228 posts

Posted by happyvic > 2018-04-12 11:26 | Report Abuse

lol, thek, your explanation is for contractor la... doesn't matter local or international... lol
developers fork out money (in this case, from us shareholders) to develop and pay contractors.... they only get profit after selling the units... lol... its the contractors who get paid progressively with shareholders money

mancingbursa

4,268 posts

Posted by mancingbursa > 2018-04-15 14:22 | Report Abuse

Good, you all not interesting here may go fast. I like something most dun want...

Guardize

216 posts

Posted by Guardize > 2018-04-15 19:30 | Report Abuse

start accumulated last week on warrant. next week drop again accumulate more

Posted by jordanmaggie61 > 2018-04-16 14:34 | Report Abuse

完美行程

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2018-04-23 14:42 | Report Abuse

Even reverts to profit, est dividends at most 3%, equivalent to DY of app. 3% only.

mancingbursa

4,268 posts

Posted by mancingbursa > 2018-04-23 20:32 | Report Abuse

..

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