Posted by looiting > 2022-06-15 14:49 | Report Abuse

Their Platinum members should start a class action lawsuit against these Guru. With all the evidence and misleading information, they can bankrupt these liars

Posted by GoldenShares > 2022-06-20 11:08 | Report Abuse

below 0.30 is matter of time

Posted by RISK8888 > 2022-06-20 12:05 | Report Abuse

Better 0.10

Posted by looiting > 2022-07-07 10:26 | Report Abuse

UK go Holland

Posted by Johnt299 > 2022-08-02 08:42 | Report Abuse

please more volume please!!!!!!!!!!!!

Posted by Hamsappaikia > 2022-08-02 08:47 | Report Abuse

Lets gooo, if go down time to collect

Posted by RISK8888 > 2022-08-04 14:30 | Report Abuse

someone is collecting slowly.

Posted by RISK8888 > 2022-08-05 07:41 | Report Abuse

BRT officially fully handover in July 2022. They keep quite and slowly buy in.

Posted by warchest > 2022-09-14 13:17 | Report Abuse

Supposed to be a good company but suffered many blows including Brexit, Covid and now the UK's looming recession and persistently double-digit inflation. The Company has a good vision and business model but somehow the management team is not able to capitalise swiftly. Even the planned repatriation now suffers a bit blow with pound now at its weakest against USD since 1985. A bit disappointed with its management team ability to swiftly and agile manner to manage the risks in the business

Posted by warchest > 2022-09-14 13:19 | Report Abuse

The only saving grace is the cash and bank balances that yet to be repatriated by the JV companies, namely EW Ballymoore and London that can compensate to the shareholders losses

Posted by warchest > 2022-09-14 13:23 | Report Abuse

For its to recover its IPO value is highly unlikely as the management is too laid-back and not competence enough to ride the Group out of its crises. But at least it doesn't need to bear the elevated construction costs for its projects as most of them already at the tail-end. Now is about cash preservation and distribution back to the shareholders which is much higher than its current share price

Posted by Johnt299 > 2022-09-14 22:36 | Report Abuse

i have a question why in QR report stated that they hit 2 bil sales, but the revenue still much lower

Posted by warchest > 2022-09-15 07:20 | Report Abuse

Revenue is only recognised for its Australian's entities as they are wholly-owned. As for the UK's entities, EWINT captures as share of profits from its JV entities. The sales of RM2b for 9-month including reserves and will not be captured as revenue till the projects have been handover

Posted by warchest > 2022-09-15 07:34 | Report Abuse

Shareholders funds: RM2.5b
Amount owing by JVs: RM2.1b
Net borrowings: RM551m (borrowings) - RM337m (cash and bank balances) = RM214m

Net net cash once settlement by JVs is RM1.9b is around 80 cents to be distributed as dividends and land bank replenishment.

Posted by warchest > 2022-09-15 07:41 | Report Abuse

Is very undervalued based on potential distribution to the shareholders in 1-2 years but many projects in the UK and Aus for the last years at its best were breakeven or thin margins after adjusting for holding cost s. They need to be selective on the projects on looming recession, high interest rates from 0.25-1.75%, high building material costs and tapering demand. The irony is somehow their Malaysian sister company actually have much better margins than Ewint. Is time for Ewint to restrategise to concentrate on SEA market as the UK and Australia markets have proved too competitive and complicated for the management team to handle

Posted by Cheah5555 > 2022-09-15 09:24 | Report Abuse

Warchest is right, all the shareholders holding the counter lose money since it's ipo, the top shareholders need to consider change the management teams or implement new strategies to strengthen the company to compete in much challenging environment ahead, at the same time, to protect the good image of Ecoworld.

Posted by warchest > 2022-09-15 14:49 | Report Abuse

Any questions and concerns about its business, financials and even issues, please address to its Investor Relations at ewi@ecoworldinternational.com

Is already more than 5 years since its IPO, all the projects at the tail-end but somehow the management team of EWINT is not capable of delivery value and returns for the RM2.4b capital invested by the shareholders. Somehow the projects delivered are vanity in nature but not profitable

Posted by Johnt299 > 2022-09-15 15:50 | Report Abuse

feel dissapointed, and don't know that to do...haizzzzz

Posted by warchest > 2022-09-15 18:07 | Report Abuse

Actually still a silver lining, 80 cents net net cash after settlements of amount owing by JVs. Assuming half of its will be distributed within 1-2 years, you can expect dividends of at least 40 cents

Posted by warchest > 2022-09-15 18:08 | Report Abuse

So actually buying at current price is a good deal but for IPO investors a bad investment

Posted by warchest > 2022-09-15 18:08 | Report Abuse

As they stucked at RM1.20

Posted by Ben5555 > 2022-09-15 21:04 | Report Abuse

Looking at AR 2020 vs 2021, top 30 substantial shareholders has minor changes, most of them still holding the share till today. I think they are not foolish investors but trust in some extent of their money n investing.
From IPO listed till now, capital earning accumulated with substantial land bank for future development, I guess this is not easy but pretty good management n jobs.
If a company management doesn't keen on shareholders interest, they wouldn't keep on preparing for promises on cash distribution but will be reserved n reserved. It will create value of share or money back to shareholders.
Those hold at low price should be pretty appreciated for former shareholders to give up share to u...

This is my little feeling... I will start buy now..

Posted by warchest > 2022-09-16 07:30 | Report Abuse

Like what I calculated net net cash should be 80 cents once the JV entities repaid the amounts owing. 50% distribution and remaining for landbank acquisition, we can still expect a dividends of 40 cents, well above the current share price and we still own the company. Actually payment of dividends is bad for growth companies as less money invested to compound growth. But so far not in the case of EWINT. So far landbank mostly exhausted as most of the projects at tail-end. However, the issue is with this company is whether is outright sales or BTR project, its projects only have thin margins after taking into account holding costs and extra incentives. It cause doubt either the industry itself is too competitive for the management to handle or they are having issue in cost control. That's why the silver lining now for redistribution of dividends and why is taking 1-2 years as the pound now is weakening badly against RM, so is not a wise decision

Posted by warchest > 2022-09-16 07:35 | Report Abuse

As the Company is entering into 2nd phase and replenishment of its landbank, it would be better that the Company restrategise its business. Of course they have track record but now they need to figure on how to make money for the shareholders as RM2.4b of equity has been invested since 2017

Posted by warchest > 2022-09-16 07:38 | Report Abuse

Market no longer reacting to its sales targets and sales + reserves secured. RM2b, RM2.2b as these do not necessarily translate into profitability. Something that management need to focus is not only be a strong resources allocator but finding ways to expand its margins

Posted by Ben5555 > 2022-09-16 13:53 | Report Abuse

Excellent opinion n sharing on above. On biz view, capital regroup n less debt is wise strategy for next move. Expected tough biz environment n recession storm is coming n happening in all Western developed countries especially in UK. If ewint able to regroup over RM 2b capital with partial landbank for future development, it consider marvellous achievement vs other local property counters. Based on their rich experience past few years in UK especially， I still hold belief on their capabilities to look for new venture.
Actually as founder point of views, I think they should have some intention or proposal in mind for company prospect.... Delisted could be one of the option hopefully n payback capital to IPO shareholders..
Then at current price of RM 0.30, or even lower, could be the golden period for new comer or old bird investors... Certainly assuming the management can fulfill their promise on coming period of handsome distribution first.

Posted by Johnt299 > 2022-09-16 17:46 | Report Abuse

I loss confidence this counter because as investors can't forsee any future in western properties and management never share their future plans how to make money for shareholders

Posted by drkelvin20 > 2022-09-18 13:05 | Report Abuse

it seems to me that, the mos benefited parties here are the Directors and CEO for this EWINT, who enjoy all types of remunerations, the biggest losers are the shareholders, who invested the hard-earned money, beleiving in this ewint story and dream, and let the incompetent CEOs/managers/director here to roll the biz using our investment...

Posted by drkelvin20 > 2022-09-18 13:08 | Report Abuse

Most shareholders in early days, suffer biggest pain, and the CEO/directors/managers just take it easy. We should sack these incompetent CEO/directors/managers who lead company to holland.

Posted by drkelvin20 > 2022-09-18 13:09 | Report Abuse

we prefer to wrap it up, get back the borrowing money from JVs, and distribute to investors, rather than letting the incompetent CEO/directors/manegers to continue riding on their fat fat remuneration and no performance deliver.

Posted by drkelvin20 > 2022-09-18 13:11 | Report Abuse

And most surprising, the cuco land owner-Kuok Family also suffer this big, not sure what share price they subscrbe, not sure if they still hold big, not sure any other things...but if they are still in here, they shoud do something, as biggest share holder, at least kick out the CEO/directors...or propose to wrap up the biz, distribute back the cash etc to shareholders...

Posted by drkelvin20 > 2022-09-18 13:12 | Report Abuse

based on current performance, the share price may go down to 20+ or even 10sen...and no effect on the incompetent CEO/directors, as they on fat pay, the lost in biz never bother these guys...

Posted by warchest > 2022-09-19 20:00 | Report Abuse

Actually I believe the shareholders are mainly institutional, private companies, high net-worth individuals, management of Ecoworld and Guocoland

Posted by Ben5555 > 2022-09-21 14:49 | Report Abuse

On AR2021, president/CEO teow still holding 15,000,000 unit of share. I trust he will focus on creating value to shareholders. Looking at UK property, most investors are not local but foreigners n PR status. Tenancy periods of property in UK is based on yearly basis n upfront. Most Malaysian investors are not aware about this module of property in both Australia n UK but Ewint listed in Malaysia. Following with management acting on last 2 year during covid periods, they have restructuring the major invested holding company on EW ballymore n EW London. I doubt the local analyst n research film for comments on this negative feedback and caused many of us sell in low price just believe the outsider information but not insider report declaration.

Posted by Ben5555 > 2022-09-21 14:55 | Report Abuse

Indeed, lack of information announcement is one of key reasons to cause price share drop further... Looking at investor relationship web, updated till Q1 2022 only but today already Q3 2022. Management has to update info as quickly as possible for value investors otherwise, most small investors like us may loss of confidence.

Posted by warchest > 2022-09-21 18:18 | Report Abuse

For president and CEO and management team, I believe is their intentions to create value for the shareholders. However, so far they're lacking of the skills and experience to ride on the trends and navigate it from the crises. 5 years plus already enough to judge it. If not because of their partners they could not get the developments completed. Should just change the management and get the more competence management team

Posted by warchest > 2022-09-21 18:19 | Report Abuse

They need to be engaging. We need to be engaged on the good news but bad news. So far the engagement is disappointing

Posted by Johnt299 > 2022-09-21 21:07 | Report Abuse

@warchest.....we complaining here....any action can be taken from shareholder instead of complaning....hahaha

Posted by warchest > 2022-09-22 07:59 | Report Abuse

You can just exercise your rights as a shareholder. Raise your questions via AGM or to their investors relations. Just throw a small bomb to them to pressure them.

Any questions and concerns about its business, financials and even issues, please address to its Investor Relations at ewi@ecoworldinternational.com

Posted by warchest > 2022-09-22 09:45 | Report Abuse

The light at the end of tunnel is to get the repatriation of funds which envisaged to be RM0.80. Hopefully more than 3/4 would be distributed

Posted by drkelvin20 > 2022-09-22 13:29 | Report Abuse

I think same too, repatriation of funds to shareholders, the bigger portion is better, else the longer it drags on, the cash may burn out due to various reasons whereas the CEO/Directors may not be affected.

Its totally unacceptable, or a failed CEO who lead a listed company from IPO of rm1.2 to now 29 sen.

Posted by drkelvin20 > 2022-09-22 13:31 | Report Abuse

Please share on info regarding to to particpate in annual meeting, better if it is physical.
please request CEO and his team to step down...

Either poor planning, and imcompetencies. any stocks have high and low, up and down, this EWINT continous to slump from IPO price till 29 sen now...and imagine 6-7 years since it IPO, at least it should show 1.5 if it is a good investment.

Strip CEO, sack him and his team.
Please alert KuoK family on this incompetent line up.

Posted by Ben5555 > 2022-09-22 14:04 | Report Abuse

I did send reminder to ewi investors relationship for updated report on presentation just 1 days ago... Now all updated information is coming out..... Please read it carefully and share thought...

Posted by Ben5555 > 2022-09-22 14:04 | Report Abuse

It look positive response...cheers

Posted by warchest > 2022-09-22 15:34 | Report Abuse

Every dog has its day. But so far not EWINT since it's venture into the UK and AU. Results since IPO were horrible. Don't count on the management team to expand its business but instead hope bigger chunk of dividends instead. It need to be restructured and pivot it's business model from now

Posted by warchest > 2022-09-22 16:05 | Report Abuse

The CEO of UK subsidiary is too young and incapable. The Group President more of finance guy and lacking of business acumen. We need good resource allocator that knows how to putting the resources into right projects

Posted by Ben5555 > 2022-09-23 12:27 | Report Abuse

Please correct me if I am wrong calculation.
Up to Q3 2022 presentation, just 3 projects hold by new ballymore for sales value was GBP 1.8B, if ownership 70% of GDV, and 75% own of ew ballymore company by EWI, total sales belonging to EWI is GBP 1.8B x 0.7 x 0.75 = GBP 945M, assuming sales between 80~90% = GBP 756m ~ 850M , approx x 5 rate = RM 3.7B ~ 4.25B...
This amount will be flowed back to EWI within 1~2 years.. WOW.. Marvellous Cash in, right. ?

Posted by Ben5555 > 2022-09-23 12:34 | Report Abuse

Just look at dividends payback on coming 1~2 years, it could be pretty good n then exercise for next plan either delisted program or further investment,. Those IPO investors should get back whatever invested capital plus margin in near future hopefully

Posted by warchest > 2022-09-27 12:49 | Report Abuse

Which should work out around RM1.9b, but that is before the recent tumble of UK pound

Posted by warchest > 2022-09-27 17:07 | Report Abuse

Just that is underperforming Group with incompetent management team. Its share price performance is a good bellwether to know whether they do well or not. They should be leaned and reduce excessive fat from high salaries, bonuses, benefits and perks to the CEO and management team in the corporate and the UK