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Overview
Financial Highlight
HeadlinesBusiness Background Eco World Development Group Bhd is a Malaysian property development company. The company has development projects including new townships, integrated commercial developments, luxury high-rise apartments, and green business parks. The company's projects are spread across three economic areas of Malaysia: Klang Valley, Iskandar Malaysia, and Penang. Some of the company's key projects are Eco Grandeur, Eco Ardence, Eco Business Park, and Eco Bloom. The company's business can be divided into revenue generating areas to include the sale of completed properties and other goods, the sale of properties under development, and construction contracts. The company derives a majority of its revenue from the sale of properties.
  prudentinvestor Short 1 million Ecoworld shares now. If it drops to 30 sen, you get a Mercedes for free. Why are you still waiting? 17/06/2022 3:26 PM samyipwl Company performance is acceptable in this QR. Property should be picking up slowly until 2023. If dividend remains at 2c every qtr, I guess is a good buy at this rate even if the gearing ratio is not too convincing. Cheers! 28/06/2022 11:26 AM Brutus @samyipwl, no worries, though I do wished it was 0.02 every quarter....lol 30/06/2022 8:31 PM investor001 Bank Negara will most likely increase the OPR by 25 basis points. This is still acceptable. 04/07/2022 10:29 PM Jonathan Keung Ecoworld in for a long long haul. Don't expect prices to go up with property market overhang. At 55 - 60 sen price range. Worthwhile to buy on dips . Yearly 2 sen dividend pay out seems reasonable 06/07/2022 6:56 PM prudentinvestor Disposed of all my EcoWorld shares at around 80 to 85 sen a share at a loss. Was cursing when it went up to over RM1.10 a share. 06/07/2022 10:40 PM investor001 HOC 2.0 is on the way. "The National Housing Department DG Datuk Jayaselan Navaratnam said the extension of the Home Ownership Campaign (HOC) is currently pending on the government’s approval. “We are hoping that the additional 10% discount under the HOC will be available for this carnival and would cushion the rising interest rate and inflationary pressures to provide affordable prices for the people,” Navaratnam told reporters in the same press conference. https://themalaysianreserve.com/2022/07/07/rehda-calls-for-home-purchases-before-interest-rates-rise/ 08/07/2022 12:02 AM Jonathan Keung HOC may benefit first time buyer. Ecoworld market is more leverage towards more affluent group and not targeted towards affordable market sector. 08/07/2022 10:11 AM  rajachulan https://www.sinchew.com.my/20220714/%E4%B8%AD%E5%9B%BD%E7%88%86%E7%83%82%E5%B0%BE%E6%A5%BC%E5%81%9C%E8%B4%B7%E6%BD%AE-%E6%94%BE%E8%B4%B7%E9%93%B6%E8%A1%8C%E6%91%87%E8%BA%AB%E5%8F%98%E8%8B%A6%E4%B8%BB/ 15/07/2022 3:26 PM rajachulan 我自关山点酒 千秋皆入喉 更有沸雪酌与风云某 我是千里故人 青山应白首 年少犹借银枪逞风流 几载风雪卷刃 朔风同孤昼 瞧得乱石处 一般嶙峋瘦 塞外硝烟未断 黄云遍地愁 侥幸红梅久 不曾下枝头 大漠长烟入我怀 潦草小作运筹 踏破飞沙执剑斩仇寇 待到残阳暮花火 那春风上重楼 烽火不尽长安囚 我自关山点酒 千秋皆入喉 更有沸雪酌与风云某 我是千里故人 青山应白首 年少犹借银枪逞风流 我曾长安走马 十街任斗酒 惊梦照烽火 今宵试新鍪 天命轻狂不休 应似孤鸿一游 怪人间尽是多情人鬼愁 纵意而歌起舞袖 玉椀浆斟北斗 醉眼迷眸只为一人侑 金戈铁马破城楼 任烽火燃眉肉 河山万里 誓与君同守 我自关山点酒 千秋皆入喉 更有沸雪酌与风云某 我是千里故人青山应白首 年少犹借银枪逞风流 我自关山点酒 千秋皆入喉 更有沸雪酌与风云某 我是千里故人 青山应白首 年少犹借银枪逞风流 15/07/2022 3:41 PM dragon328 https://klse.i3investor.com/web/blog/detail/dragon328/2022-08-12-story-h1627892545-IGBB_is_an_Awakening_Property_Giant_worth_at_least_RM6_75 12/08/2022 12:54 PM Brutus Wow! Surprised that the management had decided to declare dividends for Q3 as well. Thank you for the generous payout. 15/09/2022 5:55 PM  imvu -wb 0.075 kutip kutip , market rebound gap up limit up , billionaire , ezpz ! 26/09/2022 4:05 PM RWG https://www.theedgemarkets.com/article/stamp-duty-remission-increases-75-properties-priced-rm500000-rm1-mil 07/10/2022 6:59 PM mf Dow Jones Dow Jones Industrial Average 29,202.88 -93.91 0.32% Nasdaq NASDAQ Composite 10,542.10 -110.30 1.03% 11/10/2022 4:10 AM supersaiyan3 2-3 weeks QR out, EWINT's earning should be normalised, hope ECOWORLD NP goes back to 60m. 26/11/2022 12:11 PM supersaiyan3 no good, Ewint -95m, haiya. Maybe 30m NP for mother blessed already 16/12/2022 12:00 AM Brutus Thank you Tan Sri Liew for the generous dividend (especially payout before CNY)! 16/12/2022 3:09 PM investor001 • PAT from Malaysian Operations in 4Q 2022 was RM96.7 million. • FY2022 PAT from Malaysian Operations of RM281.3 million is the Group’s highest ever PAT. • The higher WACC contributed to the larger impairment of RM81.0 million recognised by EcoWorld Malaysia in 4Q 2022 (which does not involve a cash outflow) on its investment in EcoWorld International. • Arising from the impairment of investment and higher share of loss in EcoWorld International, EcoWorld Malaysia recorded a PAT of RM1.8 million in 4Q 2022. • Notwithstanding the share of EcoWorld International’s losses and the RM81.0 million impairment recognised in 4Q 2022, EcoWorld Malaysia remained profitable in FY2022 with RM157.2 million PAT achieved due to record high PAT of its Malaysian operations. 16/12/2022 11:13 PM Jonathan Keung Budget 2023/2024 a letdown for the property sector. No incentives for the property market. In addition a so called luxury tax is introduced. for 2023. the bigger question ? Would this tax so called luxury tax applies to high end properties sale ???? 01/03/2023 9:45 AM Plantermen MOF have not issued any circulars, statement or clarifications on the list of items proposed or cover under the taxable" luxury tax ` that was announced by PM Anwar. Just wait for the official announcement on the items and the quantum rate applicable. Nobody knows what exactly MOF is thinking . Is a one million bungalow or a semi detached unit consider as luxury ? Your guess is good as mine 01/03/2023 4:11 PM prudentinvestor Trading at a PE of less than 10 and a dividend yield of almost 6%, Eco World Dev is not a bad company to invest in. 23/03/2023 3:09 PM  | |
