I dun know yr entry point, i assume it is 60 sen, then congratulation lah. But the fact is, IPO was 1.20, n current is 0-780. Deficit how much, want me to calculate again?
When the mother started moving, its warrants moved very slowly. But when the stock price of the mother is getting closer to the exercise price of its warrants, then it shot up aggressively — 100% return in a month.
Ya, TYYAP said that only EWINT still undervalued at current price. Anyway, though he said like this, we also need to do some homework.
... “FY2019 and FY2020 will therefore be very strong years for EcoWorld International as the bulk of our RM5.8 billion future revenue as at 31 August 2019 are translated into revenue and share of profits from joint ventures – this provides our shareholders with very good near-term earnings visibility,” Teow continued. (pg.3)
Eco World International Bhd (EWI) has topped out its first Australian project, the A$315 million (RM893 million) West Village project in Parramatta, Sydney, which marks a pivotal construction milestone for EWI.
19/11/2019 7:29 PM "ramada Ya, TYYAP said that only EWINT still undervalued at current price. Anyway, though he said like this, we also need to do some homework. ... “FY2019 and FY2020 will therefore be very strong years for EcoWorld International as the bulk of our RM5.8 billion future revenue as at 31 August 2019 are translated into revenue and share of profits from joint ventures – this provides our shareholders with very good near-term earnings visibility,”
Ramada, I do agree with you, TY Yap said EWint is still undervalued at current price. Yes, I also agree with you, although TY Yap said Ewint is good, but we still need to our homework.
On Nov 19, upon TY Yap said about Ewint, that time ewint price was just 0.79, and after TY Yap mentioned ewint shot up to 0.825, and today Nov 21 - ewint drop to 0.815. ( after 2 days) - unable to hold the momentum.
What does this means ? It shows that Ty Yap is very influential and has a lot of followers and all his followers go in and buy ewint, that why from 0.79, it shot up to 0.825, but after 2 days, contra players/ those no holding power are flushing out. Real investors are not going to buy ewint yet, as ewint price is not cheap yet.
Those still holding ewint, pls hold if you have the holding power, as ewint as a lot of potential of growth. Those waiting to enter ewint, pls wait for price correction, as ewint will go sideways.
Lets us all enter ewint at a cheaper bargain price. Lets wait for dip before enter. As always, always buy on dips to maximize our profit.
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....
Torreira
137 posts
Posted by Torreira > 2019-11-12 08:21 | Report Abuse
fundamental is there...the main concern is brexit...