More handovers are expected in the next few months, especially from London City Island and Embassy Gardens, where four additional residential blocks are targeted for completion in FY2019.
This will enable the profits from these sales to be recognised in the upcoming quarters of FY2019.
Beyond the current financial year, the Group expects to deliver Wardian, West Village and Yarra One in the next financial year.
A significant portion of the Group’s effective stake in the future revenue of properties sold amounting to RM6.6 billion as at 31 May 2019 is therefore anticipated to be translated into its share of profits from joint ventures in FY2019 and FY2020.
Ewint 1 st yr listing, still moving around 0.90 to 1.0. That time no sales, loss making. After handover, profit shown in QR, straight drop to 0.80, n never rebound. Then following QR, earn again, down furthet to 0.70. Now 0.650 oso hardly maintained. Wer is the logic? I really hope some huge loss in forex, might boost up the price.........
Ecoworld group of companies now is 讲就天下无敌,做就无能为力。 Both ecoworld n Ewint r historical low at 0.770 n 0.630. Ecoworld every Q n yr oso profitable, but why no dividend at all? The reality is these 2 firms debts r extremely high. No cash in hand. Those unbilled sales all in multiple billions, prospect r so good, mgmt best in the world, share prices at pasar malam level........!!!
Of course lar the property sector is really bad now, some like Mah Sing, IOIPG, UemS, r all at historical low level, but at least they still paying dividend for shareholders. E.g. Mah Sing now at 0.915, still pay 4.5 sen in Sept.
hei,hei,hei.....I tell u ,..lucky to meet me...wei,wei,wei ,,,,,.u slave never mind ,u are not alone,I go looking more to join u just have 2 meals per day,good for health ,..........i am teacher cant be wrong ,more debts are clever deals ,i make more monies,nie sei nei kor shi
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Jiahui Foo
3,335 posts
Posted by Jiahui Foo > 2019-07-25 12:18 | Report Abuse
Hug orang utan zzzzz......... :-)