ECO WORLD INTERNATIONAL BERHAD

KLSE (MYR): EWINT (5283)

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Last Price

0.42

Today's Change

-0.01 (2.33%)

Day's Change

0.415 - 0.43

Trading Volume

4,504,400

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Discussions
7 people like this. Showing 50 of 6,167 comments

Lyon91

The Liew big boss running? Are Quek boss will add more in?

2 months ago

Neoh10855

Confirm retrace back to lowest price if nobody have interesting to this counter.. Blessing Good luck

2 months ago

StartOfTheBull

Boss Liew sold big chunk from 37.5c to 36c on 1st, 2nd and 3rd of April. How would price not retracing?

2 months ago

Neoh10855

Till now only 2 transaction done 🥲

2 months ago

Neoh10855

Zzzz...

2 months ago

liferosak

any news?

1 month ago

newbietrader9

ready to rebound

1 month ago

moneycome123456

百乐园 Paramount Corporation
(取自百乐园官网)

(吉隆坡10日讯)百乐园(PARAMON,1724,主板产业股)宣布,以超过1.7亿令吉的价格,一口气收购绿盛世国际(EWINT,5283,主板产业股)21.54%股权,借此加快海外扩张计划。

百乐园周五发文告指出,子公司Flexsis私人有限公司,以每股33仙,或合计1.706亿令吉,从GLL EWI(香港)有限公司手中,收购绿盛世国际的5.17亿股。

百乐园总执行长周胜忠在文告里指出,此次收购,为公司提供一个及时且具有战略意义的机会,通过这家专注于海外产业开发的公司,加速拓展百乐园在的海外业务。

文告指出,绿盛世国际通过联营企业和子公司,在伦敦、悉尼和墨尔本开发项目,截至2月杪,剩余的发展总值为86亿令吉。

周胜忠表示,伦敦及其周边地区的住房需求,仍是目前和长期的机会来源。

“自2021年疫情爆发后,由于住房供应紧张,租金一直很高且持续上涨。近几个月来,抵押贷款批准率一直上升,根据皇家特许测量师学会(RCIS)的调查预计,未来12个月,英国各地的房价将上涨。”

他说,百乐园自2018年剥离教育业务以来,根据2020至2025年的战略计划,一直在寻找机会参与新的业务,以多元化盈利基础。

他披露,公司期间投资了数字领域的各种初创企业,并通过联营企业扩展到曼谷的产业开发领域。

百乐园在2020年,与一家泰国精品开发商,通过债务和股权形式,合作开发位于曼谷的29楼永久产权公寓Na Reva Charoennakhon,在近期已完工。

展望未来,周胜忠期盼双方可以通过利用彼此的经验和专业知识,合作创造新的协同效应。

另外,绿盛世国际主席谢德光欢迎百乐园的加入,并感谢国浩集团自公司上市以来的投资和贡献。

回顾历史,国浩集团在2016年宣布入股绿盛世国际,并在绿盛世国际挂牌后,认购27%股权,迄今,这批股权是由GLL EWI(香港)持有。

根据绿盛世国际2023年报,Eco World 资本(国际)与GLL EWI(香港),分别均持有27%股权。

在上述交易后,百乐园将以持股21.54%,成为绿盛世国际的第二大股东,而GLL EWI(香港)的持股率则会降至5.46%。

绿盛世国际周五闭市,收在36仙,涨0.5仙或1.4%,成交量为84万1000令吉。


1 month ago

Patient Investor

Looking fwd EWINT to trade at fair value above 80 sens.

1 month ago

warchest

overall, it is a good news for EWINT, we see all the 3 property tycoons in this Group, namely Tan Sri Liew, Quek Leng Chan and now Teoh family of See Hoy Chan. we going to see the turnaround of EWINT to record high soon

1 month ago

warchest

back to its value including dividend distributions no longer a dream anymore. bear in mind, after the RM500m distribution the Group still have RM1.2b of land under development in the UK. it is gonna be the next plan of the Group

1 month ago

RISK8888

Dream la. If really so good why sell big portion of share at 0.33? Should sell at 0.8 right?

1 month ago

fortunefire

Quek sold his stake at a very super good discounting rate vs its ipo price.
Liew has been disposing his shares lately.
So, what do they tell you?

1 month ago

Patient Investor

may be dreaming, but that's my valuation :)

Different people has different capital allocation strategy, especially tycoons who have more investment apportunity than us.

You could also ask why PARAMOUNT willing to pay 0.33 if they dont value it signicantly higher. and PARAMOUNT is known to be conservative.

1 month ago

geary

Patient Investor.
You could also ask why PARAMOUNT willing to pay 0.33 if they dont value it signicantly higher. and PARAMOUNT is known to be conservative.
Oh...suddenly up...probably Mr. Market just wake up... property will rebound...interest will go down...USD will go down...by the Mr. Market is unpredictable 🤓

1 month ago

Patient Investor

I don't have the ability to predict the market 🤓

1 month ago

geary

Intrinsic Value:
Overall, it is a good news for EWINT, we see all the...
3 property tycoons in this Group, namely
1. Tan Sri Liew,
2. Quek Leng Chan and now
3. Teoh family of See Hoy Chan.
We going to see the turnaround of EWINT to record high soon!
Nobody can calculate the actual Intrinsic Value on any businesses.
With 3 big property developers, probably its management intrinsic value is upgraded.
Cash Flow quite volatile, because of cyclical business.
Plus interest rates, exchange rates are volatile.
Intrinsic Value is approximately correct only...within a range of prices or market value.
Mr. Market is unpredictable...nobody can predict the stock markets.🤓

1 month ago

Patient Investor

Tan Sri Liew trim his stake by ~20million in past one year
Ecoworld Capital buy 48million in one week

Looking fwd for development value to be unlock.

1 month ago

theong

Million $ question taking private.

1 month ago

Patient Investor

Looks like it. Increasing such high stake in such short time.

1 month ago

sunnyspoon

Buy buy more

1 month ago

sunnyspoon

6 sen dividend Dec 2023

1 month ago

fortunefire

0.5x coming?

1 month ago

newkidonthebloc

Why sudden drop

3 weeks ago

Killsthebear

Paramount effect gua.. sienz

3 weeks ago

fortunefire

hong leong big boss has businesses everywhere in overseas, and he has all the bird eyes everywhere telling him that the global property market ain't good.

3 weeks ago

hng33

Use balance, bought EWI at 40sen

3 weeks ago

hng33

Total dividend payable in 2024 and 2025 is 21sen per share, to be declared staggering with first 6 sen likely declare together with coming Q result next week

3 weeks ago

sell

DPS>EPS is not sustainable. Later will drop like Zhulian.

2 weeks ago

sell

Quek Leng Chan is smart to sell Ewint to Paramount.

2 weeks ago

hng33

Real estate developer Paramount Corp Bhd (KL:PARAMON) is aiming for 30% of its annual profit to stem from overseas property projects by 2030, supported by its recent acquisition of a 21.5% stake in Eco World International Bhd (EWI) (KL:EWINT), as domestic orders are expected to saturate.

2 weeks ago

hng33

EWI will contribute 30% profit to paramount by 2030

2 weeks ago

hng33

added more ewi at 39-40sen

2 weeks ago

hng33

sold at 42sen

2 weeks ago

yongyong88

waiting for 44sen

2 weeks ago

sunnyspoon

Buy more

2 weeks ago

fortunefire

fired my first batch of bullet at 0.38

2 weeks ago

hng33

bought back at 40.5- 41sen

2 weeks ago

warchest

add more at 40.5.

1 week ago

moneycome123456

Eco World International Bhd president and chief executive officer Datuk Teow Leong Seng.

PETALING JAYA: Eco World International Bhd (EWI) achieved RM433mil sales exchanges plus reserves of RM85mil, adding up to a total of RM518mil in the seven months period of its financial year ending Oct 31, 2024 (FY24).

In a statement, the property developer said it recorded a loss before tax of RM13.9mil in the second quarter of its current financial year (2Q24) compared to loss before tax of RM2.1mil in 2Q23.

It said this was mainly due to lower gross profit as stocks in its Australian projects are largely fully sold; impairment loss on amount owing by EcoWorld London as the joint venture continues to invest resources to procure better planning consents for its remaining projects; as well as lower foreign exchange gains from appreciation of the British Pound against the ringgit.

Including net cash balances at joint ventures, EWI said the group has a total cash balance of RM349mil as at April 30, 2024.

Premised on the healthy cash position, the board declared a first interim dividend of six sen per share for FY24, which translates to RM144mil.

President and CEO Datuk Teow Leong Seng said the group's sales are on track with the value of unsold completed stocks reduced to about RM400mil, of which its effective share is about RM300mil.

He added that the board is maintaining its target of generating excess cash of up to RM500mil - which will be distributed to shareholders in tranches over 2024 and 2025 - by selling its completed stocks.

"We are monitoring market conditions closely and finding ways to improve the profitability of our remaining projects.

"While the current environment is challenging, the UK real estate market nonetheless presents opportunities in the longer term, judging from the strong rental rates in London."

Teow said the group will proceed with launches when cost pressures stabilise and the expected returns of undertaking such launches can be forecast with greater certainty.

1 week ago

sunnyspoon

Good dividend buy more

1 week ago

drkelvin20

this stock giving good dividend, especially for those who have averaged down the cost..say if we got around 40-50-60 sen...this stock is still potential....

Its tough if you don;t average down.



1 week ago

sunnyspoon

6 sen dividend👏👏👏

1 week ago

ykloh

6 sens dividend? Check again please.

1 week ago

hng33

sold at 41.5sen

1 week ago

Lyon91

Are this dividend id from capital reduction again?

6 days ago

investor77

For RM 420, gets 60 rgt in dividend. 60/420 or 100/7 is 15% Div Yield !! Higher than FD and EPF !! Dont have to wait 1 year somemore !! More to come !!

6 days ago

sunnyspoon

Just first interim dividend 6sen, 2nd interim ???, 3rd interim ??? , final dividend. ???, buy buy

6 days ago

sunnyspoon

0.50

1 day ago

8u29song

huh...like that sure big untunglah....IF after ex price remain as b4 ex...

16 hours ago

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