Posted by Johnt299 > 2021-09-17 21:36 | Report Abuse

As a result, sales of units in this block will translate into significant cash inflows for the group in the next few months. wait for Dec result.....hahah

Posted by Azhari1082 > 2021-09-17 21:40 | Report Abuse

why they bought around 19000 lots at closing price's time? Gap up on monday?

Posted by krish52 > 2021-09-17 21:44 | Report Abuse

hope for the best to come.

Posted by Kang Yao > 2021-09-18 17:31 | Report Abuse

The more China tightens regulation, the better for EWINT, HNW individuals flooding to UK and AUS.

Posted by warchest > 2021-09-19 00:25 | Report Abuse

Lower profit in Q3'21 means higher profit in Q4'21. Less handovers meaning higher handovers in Q4'21. A03 of Embassy Gardens with effective revenue of £71 mn, Kew Bridge effective revenue of £70 mn and Barking Wharf Phase 1 with effective revenue of £8 mn, going to be recognised in Q4'21.

As for the completed developments, Ewint can recognise immediately the unsold units from Wardian, LCCI, West Village and Yarra One. That's why the Company is expecting substantial cash inflows by Q4'21

Posted by drkelvin20 > 2021-09-19 11:41 | Report Abuse

Thanks Warchest, Kang Yao for morale booster.:) Let's hope it will go up ..

Posted by awesome20 > 2021-09-19 20:39 | Report Abuse

target 650/675 level

Posted by Azhari1082 > 2021-09-20 09:41 | Report Abuse

what happen today?

Posted by Johnt299 > 2021-09-21 21:41 | Report Abuse

EWINT future revenue stands at RM386 million as at 31 August 2021.

Posted by RISK8888 > 2021-09-21 23:50 | Report Abuse

How low can it go?

Posted by RISK8888 > 2021-09-21 23:50 | Report Abuse

0.3?

Posted by Johnt299 > 2021-09-22 11:46 | Report Abuse

last time ecoworld supposedly perform well in 2019 but who know covid19 outbreak.
Otherwise ecoworld will perform well as what they mentioned last time 2019/2020 was their year.
So now, EWINT stated their upcoming completions will generate substantial cash inflow for the EWINT handover of properties sold to customers which mean that their completion done in 3Q21 & 1Q22 imply good result in 4Q21 & 2Q22

Posted by warchest > 2021-09-22 11:52 | Report Abuse

Nope, EWINT future revenue stands at RM1.357 bn (£237 mn) and RM75.9 mn (A$25 mn) for UK and Aus. Collectively, RM1.433 bn of future revenue as at 31 August 2021

Posted by warchest > 2021-09-22 12:08 | Report Abuse

As a matter of fact, as compared to FY20 the net debt as at 31 July 21 has decreased from RM949 mn to RM529 mn, giving a net debt ratio of only 0.18x

Posted by warchest > 2021-09-22 12:17 | Report Abuse

Importantly is to build its competency and restructuring in EcoWorld London to enable greater focus on development management

Posted by tanhy123 > 2021-09-22 16:10 | Report Abuse

@warchest Any estimate on how much worth of the property going to hand over in coming quarter?

Posted by Steve64 > 2021-09-23 08:29 | Report Abuse

@warchest - yes an estimate of handover from Aug till Oct (last Qtr) would be of great help to project their profits for the whole year. Understandably, their revenue is lumpy and depends on handovers and Covid deferred some of these, but nxt Qtr rev/profits results will be their turning point, I think. Off course a bonus is if they can sign on a BTR deal in the Qtr.
Warchest - over to you.!!!

Posted by GimEng Hong > 2021-09-23 16:39 | Report Abuse

Mother ady up 0.84,sons still sleeping, haiz

Posted by Bgt 9963 > 2021-09-23 16:53 | Report Abuse

Depress market...

Posted by Eagle_T > 2021-09-24 18:02 | Report Abuse

PowerPoint presentation for Q3 2021:
https://ecoworldinternational.com/wp-content/uploads/2021/09/EWI-Q3-FY2021-Presentation-Final.pdf

Posted by chowlang > 2021-09-24 18:04 | Report Abuse

Hong Kong last minute plunge may signal a problem with Evergrande that is not yet resolved.

Posted by Johnt299 > 2021-09-26 16:11 | Report Abuse

projects basically sold 70-80%...not bad

Posted by Limitupppp > 2021-09-27 02:35 | Report Abuse

Why this lousy company no new projects yet

Posted by Bgt 9963 > 2021-09-27 08:49 | Report Abuse

On fire sales....!

Posted by Johnt299 > 2021-09-27 20:11 | Report Abuse

ewint advantages:
1. Open up in UK & AU
2. Drop in UK & AU covid daily cases
3. Ewint main business in capital of UK & AU
4. Higher sales demand in both countries - despite additional 2% stamp duty for foreign buyers
5. Lower policy rate in UK & AU
6. Company strong effective future revenue - 1.40 bil
7. Strong cash balance, lower gearing
8. Basically 70% projects sold out
9. Higher house price in both countries
10. Weaken in MYR
11. Higher handover sales unit can carry good result for upcoming qr, and next few qr expect can improved significantly
12. Windows dressing in year end
13. BtR development boost the sales
14. 58% units sold/reserved included imcompleted projects

Posted by Kang Yao > 2021-09-28 20:00 | Report Abuse

guess the escalating electricity price is affecting EWINT share price.

Posted by Johnt299 > 2021-09-28 22:43 | Report Abuse

escalating electricity price affect share price?

Posted by hcthey > 2021-09-29 13:11 | Report Abuse

If this counter is good and has future potential, why some investors keep on selling it, causing the selling price becomes lower and lower, anyone knows the reasons. could it be a trick by some shareholders who try to push down the market and they accumulate the shares slowly. They will sell out the shares for profit when the market is up.

Posted by Johnt299 > 2021-09-30 11:19 | Report Abuse

okey geh operating income still improved 15%

Posted by Kang Yao > 2021-09-30 16:20 | Report Abuse

no idea, what i can find out is theres shortage is food(due to not enough driver after brexit) and gasoline in UK now, and some electricity/gas supplier out of business due to escalating raw material price

Posted by Kang Yao > 2021-09-30 16:22 | Report Abuse

also has to prepare for the US government running out of money which will drive market sentiment down. I just collect along as I dont think the targeted buyer for the projects are B40, but expats and wealthy people from Asia. No idea how low can it goes though.

Posted by Johnt299 > 2021-09-30 22:22 | Report Abuse

@hcthey......ewint & ecoworld warrant expired next year March & April....Bosses need to prepare money for their conversion...haha...ok2 make sense

Posted by hcthey > 2021-10-01 11:42 | Report Abuse

Bosses are smart and calculative, I can't belief that they will concert their warrants by topping up another RM1.45 in order to get 1 ordinary share which , at this moment, can easily be bought at the open market at 44 cts. moreover, these free warrants will expire on 4.4-2022. Currently I don't see any conversion done so far. The conversion price of RM1.45 is extremely high if compare with the mother.

Posted by Johnt299 > 2021-10-02 19:20 | Report Abuse

company also need to spend money to raise company warrant, if company let it lapsed they not only will lose a lot and will reflect they're not confident with their company

Posted by warchest > 2021-10-03 00:23 | Report Abuse

Most likely warrants would just lapsed. The Company does not need any funding especially for Ballymore and its Australian's subsidiaries. For new projects, with low net gearing of 0.18x as at 31/7/21, they could easily raise funding with low interest rates. Bear in mind, with many projects handovers soon substantial cash inflows are coming

Posted by warchest > 2021-10-03 00:26 | Report Abuse

From Ewint's perspective, issuance of warrants is not for fund-raising purpose but is a sweetener to garner interests in its IPO back in 2017

Posted by Johnt299 > 2021-10-03 21:04 | Report Abuse

@warchest.....could you share with us how their garner interest from warrant issuance

Posted by warchest > 2021-10-04 07:24 | Report Abuse

They issued free warrants for subscription of IPO shares. This is a sweetener but they don't need it to be subscribed as they knew that don't need additional funding. They just need a bridger fund for the initial projects

Posted by Johnt299 > 2021-10-07 20:02 | Report Abuse

EWINT Show time!

Posted by warchest > 2021-10-10 19:45 | Report Abuse

Managed to get ewint low. Waiting it to break 2-year high soon

Posted by Steve64 > 2021-10-11 09:59 | Report Abuse

Well done Warchest...I am also waiting for it to break the 2year high.
Projects delivered, collet money, reduce gearing, repatriate funds and distribute cash/dividends to loyal long time shareholders. Last Qtr should be reveal gd results...hoping
Future looks bright for property in London...

Posted by Johnt299 > 2021-10-11 10:40 | Report Abuse

ecoworld down, ewint up!!!

Posted by moneycome123456 > 2021-10-12 08:14 | Report Abuse

Round for ewint now!

Posted by Batman_Return > 2021-10-12 15:51 | Report Abuse

Ewint jgak yg naik, Ecowld sleep tight. haha

Posted by Newbieinshare > 2021-10-12 16:23 | Report Abuse

Ecowld up ewint down. Yes

Posted by Johnt299 > 2021-10-14 09:03 | Report Abuse

high vol in next week

Posted by Huat 888 > 2021-10-14 11:32 | Report Abuse

is coming..hoottttt

Posted by Newbieinshare > 2021-10-14 16:10 | Report Abuse

Gogogogo ecowld. Bullish ...

Posted by warchest > 2021-10-14 23:52 | Report Abuse

No worries, fundamentals and business are intact. Just wait and all be alright. Ewint will follow as high as Ecoworld. Just matter of time. See the chart and u know is coming. Slowly but definitely

Posted by warchest > 2021-10-14 23:55 | Report Abuse

Anyway, the value proposition is we are having overseas properties in UK and Aus. Something that differentiate from other property developers in Malaysia