I find this is a golden opportunity to collect Ewint at current low price. As what Icon8888 highlighted, last 3 year ago, IPO price was 1.20, hold by top 3 big owner Tan Sri Lee, Hong Leong Mr Quek and EPF, and it required 3 years to complete finish build the UK properties. Now alrdy finish build, waiting for to pass the house key to respective tenants, owner to collect sales revenue. The best is this BtR Build to Rent is a recurring revenue income generation, similar like Reits concepts, consistent income generation over the years. With coming Rm5bil unbilled sales revenue goin to complete by year end 2020, that is a huge wealth opportunities for Ewint in 2020. Fyi, last 2 Qtrs on FY19 revenue stated delivered Rm1.2bil, alrdy gain last Q4 FY19 of R.m118mil net profit (EPS 4.9sen), if times by another 5 times for FY2020, that an explosive net profit gain for Ewint in year 2020. You can calculate its potential and see it huge big opportunities for year 2020 especially for share price appreciation.
One more thing, with it BtR recurring income, its has transformed to Reits sustainable income generation, if marker like it and revise Ewint business to Reits business model, then it PE will revised to PE 18 to 20 since it sustainable, stable and predictable.
Even not factor in, under current method it also can hit 2.00 or more if you can calculate its potential based on PE 8 for a FY2020. Do the math, then u see it huge potential gain in future.
RIght now, its currency rate still hold within 5.40 range, same as Q4'FY19 financial report.. still can earn RM 118mil with EPS 4.9sen based on RM1.2bil sales order. Dont forget, it already finish spend and completed its building expenses on UK properties, that mean almost zero for development cost. I see this as an opportunities to collect , once fund mgr finish accumulate.. it will used small amount of money to pump in big to push the price up. Share price drop is an opportunity to collect if investor looking forward for better future in year 2020.
RainT... I believe you does not understand the core business fundamental & its future potential earning for Ewint. You purely look on TA side alone, not looking as of why it last Q4'FY19 was superb fantastic result. Better read more on its financial report, its has 2 full page future earning guidance, try to analyze it and then you will notice it full potential what Ewint can be in 2020.
Once Parliament reopens, the Withdrawal Agreement Bill - the legislation that puts the Brexit deal into UK law - is likely to be introduced very quickly.
Assuming the bill passes, the UK will formally leave the EU on 31 January with a deal.
However, this would only mark the next step in the Brexit process. Following its departure, the UK will enter a transition period until 31 December 2020.
During this period, the UK's trading relationship with the EU will remain the same while the two sides negotiate a free trade deal. At the same time, many other aspects of the UK's future relationship with the EU - including law enforcement, data sharing and security - will need to be agreed.
If a trade deal is ready in time, the UK's new relationship with the EU can begin immediately after the transition. If not, the UK faces the prospect of having to trade with no agreement in force. This would mean checks and tariffs on UK goods travelling to the EU.
Mr Johnson has also ruled out any form of extension to the transition period, meaning the clock is already ticking.
Today trade 1st half session volume transacted is low, only 10k lots vol done on small lots gap vs price different. More like swapping shares & accumulation mode to me. Good forward future earning business Ewint in 2020, big shark cannot do much to press the price down, later another big shark 'sapu' all their shares when price is way cheap to buy in.
yup. thats happened. but nth we can do if operator wan to push down the price.. if break own support line, may be we shud cut loss. i set mine at 0.910.. anyway, all of us know that 2020 is a good year for ewint..
I also is shark pushing down the price to accumulate. Who has so much lot to sell down in a sudden. U see mother share drop a lot but WA not that much and WA has very strong buy queue at 17cents
Fundamental remain strong, everyone know that next year earning gonna be massive , but not everyone can hold when price drop.. and like to chase when price high..
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....
JazzzLee
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Posted by JazzzLee > 2019-12-19 10:35 | Report Abuse
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