Highlights
KLSE: EWINT (5283)       ECO WORLD INTERNATIONAL BERHAD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.35   -0.005 (1.41%)  0.35 - 0.355  404,000
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Ann. Date Date Type Designation Name View
22-Mar-2023 22-Mar-2023 APPOINTMENT Chairman of Risk Committee KONG SOOI LIN View Detail
22-Mar-2023 22-Mar-2023 RESIGNED Chairman of Risk Committee CHEAH TEK KUANG View Detail
15-Jun-2022 15-Jun-2022 RESIGNED Member of Risk Committee AZLAN BIN MOHD ZAINOL View Detail
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  6 people like this.
 
drkelvin20 So my point here is, i beleive most of us in same fate, stuck around 50-60sen++ having some surplus due to now 34sen+33+6 sen dividend...

but we need to admit, this is a lousy investment!!!!, 7 years, if keep your investement in bank, you can have 30% added on your initial investement amount..

so this company is a failure.
17/01/2024 9:48 AM
drkelvin20 Unless, CUCCO Land, TanSri GLC step in, inject more, coming our more plans, otherwise...its a failed company, going to be holding company with all management sitting there burning the money until the group retired.
17/01/2024 9:50 AM
RISK8888 Wow, finally you people recognise the failure of the management. Selling 20bil properties and not getting a sen profit over the years. Non stop impairment, cash burning paying big fat salaries. Faster tapao, earlier better.
18/01/2024 12:33 AM
drkelvin20 hi RISK8888,
dude, not finally, most of us know this isn;t a very successful investment after fiorst few years, but thanks to the stratagey to average down, many of us having some gain due to averaging down..not much though, but the gain is like compensating our investement + interest....so we aren;t too upset... and because the fact the current share price + dividends, already exceeed most of our averaged down buying price, so we are in comfort zone dude.

I never say this is a good investment from day 1....its crystak clear this is a lousy company led by lousy management....only the thing is how do we get back our investment plus return, and most of us have it back, so its lesson learn, then we contonue sit on here on board to see how it goes...
18/01/2024 10:54 AM
drkelvin20 RISK8888
dude, i am very sure only very few will think this company is a good investment..i am sure also...if the share price plunge below 25-30 sen, most of us will run....thas because we all, most of us, we have no confidence in it... we are are just riding on the current surplus now...



18/01/2024 10:56 AM
drkelvin20 dude, you didn;t average dowb, thas big mistake, and now is too late...thas difference between us....but i agree with you, since 2-3 years after IPO investement....i 100% agree with you, this is a lousy company led by lousy management...who probably just cling on to enjoy fat pay, fat allowance etc..
18/01/2024 10:57 AM
drkelvin20 Many of us already recoup investment fund+ interest....i hope the big share holder like CUCCO Land, also recoup enough, otherwise, CUCCO Land+TS GLC is the bigger loser here dude...thier investment is much larger than yours dude...
18/01/2024 10:59 AM
drkelvin20 and on the other hand, some of us decide to cling on here, we bear some hope, if the current big boss TS LKS give up this, and CUCCO PLD with more capital fund to shape the future, then i see there is slight hope where in 2-3 years time (when property boom again), the share price will go up to Rm 1+++ under new leadership...

If the company remain with the TS LKS and his geng, you can expect the similar trend in share price...the guy will sell at high before dividend, and buy after x -date, to make that different gains....lowest level of money making tricks.

-----
Diclaimer, above all are personal jurisdiction, not a buy call or sell call...not targetting on any individual....above is story telling
18/01/2024 11:02 AM
moneycome123456 Eco World International Bhd

Although Eco World International Bhd (EWI) is loss-making, the property developer, which has a presence in the UK and Australia, is set to continue paying out dividends for the current financial year ending Oct 31, 2024 (FY2024).

According to Maybank Investment Bank Research, EWI is likely to pay another RM600 million, or 25 sen per share, as dividends in FY2024. For FY2023, the property developer has paid out RM792 million and will be paying out RM144 million on Jan 17, 2024, bringing total dividends for the financial year to RM936 million, or 39 sen per share.

Maybank IB Research’s forecast dividend per share of 25 sen translates into a yield of 81.9%, based on EWI’s share price of 30.5 sen last Friday.

EWI has been in the red since FY2022, reporting losses after tax (LAT) of RM234.42 million, on account of the challenging operating environment as central banks around the world embarked on monetary tightening and higher costs as a result of the Russia-Ukraine war, tight labour market and supply chain disruptions. Because of these factors, cost revisions were required on several ongoing projects, which reduced gross margins.

For FY2023, its LAT narrowed to RM85.37 million.

Nevertheless, the group strengthened its balance sheet on the back of stronger sales, turning net cash in FY2022. Its net cash position improved to RM295.24 million as at Oct 31, 2023, from RM172.53 million a year ago.

In its latest quarterly financial statements, EWI said it aimed to sell completed or nearly completed houses worth RM850 million as at Oct 31, 2023, in FY2024, and distribute the excess cash generated (net of working capital requirements) back to shareholders. It added that launches for its “remaining sites continue to be put on hold”, pending feasibility reviews, given the weak sentiment among homebuyers and significant cost inflation.

Maybank IB Research, the only brokerage covering EWI, expects the group to remain loss-making until it decides to launch new projects. It has a “hold” call on EWI, with a target price of 26 sen.
19/01/2024 3:17 PM
RISK8888 I’m waiting them to privatise and pay back remaining capital to me. Since they holding back new launches, the valuation will be more straightforward to work out for privatisation.
19/01/2024 10:37 PM
Patient Investor @RISK8888 The only reason they privatise is they see potential way beyond the offer price. so why hope they privatise and pay us peanuts?
24/01/2024 10:52 PM
RISK8888 Cause blindly take fat salary will burn off the cash, better pay us back our capital.
25/01/2024 9:42 AM
Jonathan Keung Only issue .collapse of China property Evergrande group have a ripple effect in our counters. HK court order liquidation of China Evergrande assets
29/01/2024 11:45 AM
value101 don talk like a kid la. risk888. go goreng your aax or whatsoever. And to remind you, you think 1 million ringgit for a ceo is huge. That is not a fat salary. broaden your mind before you come to spread your broken vibes. invest your mind, do you think they bother to pay you this 39 sen of dividend while they can keep within themselves? 2.8 billion of funding and i see they have finished a 10 plus billion work. debt free + land bank+ retained earnings. Don't make here stinks. Cry to your mama while not averaging down your pricing.
29/01/2024 1:33 PM
RISK8888 Don’t waste time here value 101, ewint no future, project stop running. Going to die soon. It going to burn your money into ash.
30/01/2024 7:16 AM
Plantermen Slowly it will drift into PN 17 status if no new business is injected. And cash run out and all their UK remaining property units sold.
31/01/2024 10:14 AM
value101 ya plantamen. like ur name. easy to melt when hot. run now before it is too late. This name fit you well.
and to remind you, business has it cycle. you don't have to run your "business" everyday to remind you are actually doing ok. cash flow is the bloodline, the most important factor in business. sometimes, it is better not to do than do a lot. again, broaden your mind with risk888. You guys should be in a pair to go for some random online invest101 class
06/02/2024 4:13 PM
RISK8888 Cakap kosong.
06/02/2024 6:39 PM
RISK8888 Value101 don’t waste time la. Cannot make money in ewint la. Go other place la.
06/02/2024 6:43 PM
moneycome123456 (吉隆坡6日讯)绿盛世国际(EWINT,5283,主板产业股)建议,将公司股本再度削资5亿令吉,以在2024及2025财政年(10月底结账)派发最多5亿400万令吉的股息。

以绿盛世国际目前总共24亿1780股的总股票数量来计算,该公司相当于计划在2024及2025财年,总共派发最多每股21仙的股息。

绿盛世国际今天通过文告称,再度削资的目的之一,是为了帮助公司达到接下来2年的派息目标。

在扣除营运资金和融资需求,以及达到销售目标的情况下,绿盛世国际计划在2024及2025财年,最多派发5亿400万令吉股息予股东。

同时,绿盛世国际称,通过进一步削资,该公司也将获得额外空间,可能派发比原定目标更多的股息。

在新一轮的削资完成后,绿盛世国际打算在现财年,先派发总共1亿4400万令吉,相当于每股6仙的第一轮股息。

该公司将在来届股东大会,寻求股东批准削资议案,而削资预计将在今年上半年完成。

绿盛世国际总裁兼总执行长拿督张良成在文告中称,该公司在短期内并没有任何推出新项目或收购的计划,因此,所需营运资金预计比往年少,而考虑种种因素后,公司决定继续通过股权来创造现金。

对股东最有利

“董事部相信,向股东回退额外创造的现金,是对所有股东最有利的方案。”

他补充,英镑对令吉强势升值,让该公司得以在转换汇率时,获得以令吉结算的更高收入,同时该公司的负债率目前接近零,旗下只有一家联营公司背负一项银行贷款。

在这之前,绿盛世国际在2023财年已经削资了15亿令吉,并派发了7亿9200万令吉或每股33仙的中期股息,以及1亿4400万令吉或每股6仙的终期股息。

闭市时,绿盛世国际报31.5仙,无起落,成交量144万1400股。

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06/02/2024 9:25 PM
Patient Investor After receive the dividend will buy more of EWINT. The outflow of company and people from HK/China has benefit Singapore, UK has postential :)
07/02/2024 9:06 AM
RISK8888 Dividend 0.20, share price only up 0.02. Ewint balik kampung la.
07/02/2024 8:12 PM
yong1985cm dividend 0.20 for 2024 and 2025. only 0.06 in 2024, the rest 0.14 will be in 2025.
08/02/2024 11:00 AM
soon9913 Changes in Director's Interest (Section 219 of CA 2016) - TAN SRI DATO' SRI LIEW KEE SIN | https://www.klsescreener.com/v2/announcements/view/6383447
09/02/2024 4:24 PM
soon9913 why boss non stop selling if this counter is so good
09/02/2024 4:25 PM
speakup 新年快乐
09/02/2024 4:29 PM
Patient Investor @soon9913 Try list out all the directors' selling and buying
12/02/2024 11:48 PM
arsenal93 LKS bought back all his son’s shares in one shot(22m shares) but people don’t see it.
14/02/2024 7:33 PM
RISK8888 Tunggu privatisation
22/02/2024 8:51 AM
drkelvin20 Hi Guys, anyone attended the meeting? thought there was a meeting held to approve the capital reduction? this week QR or next week QR, anyone know...?
18/03/2024 10:44 AM
drkelvin20 the stock price has been stagnant...
18/03/2024 10:44 AM
Lyon91 Tomorrow will fly 💸
20/03/2024 7:57 PM
moneycome123456 (吉隆坡20日讯)得益于外汇收益与财务成本降低,绿盛世国际(EWINT,5283,主要板房产)截至1月底2024财年首季转亏为盈,净赚182万令吉,对比上财年同期净亏3082万令吉;这也是该公司在连续亏损9个季度后,成功恢复获利。

绿盛世国际向大马交易所报备,首季营业额按年上涨41.6%至3167万令吉。


绿盛世国际截至1月底2024财年首季转亏为盈。
该公司指出,伦敦Eco World-Ballymore的还款与英镑转换,让公司享有外汇获利。此外,所有借款在2023年全部结清,也让公司财务成本降低。

绿盛世国际在2023财年首4个月销售额达2亿4300万令吉,加上2亿300万令吉的储备金,总额达4亿4600万令吉。

“其中最大贡献的项目为Embassy Gardens与London City Island,分别贡献了5亿4900万令吉和3亿400万令吉。”

20/03/2024 9:17 PM
acnca84 😎
21/03/2024 9:57 AM
StartOfTheBull Total number of shares 2,400 million, if RM500 million allocated for capital reduction it will be roughly 20.8c dividend per share.
21/03/2024 10:32 AM
lefty88 @StartOfTheBull , so early already dreaming :-)
21/03/2024 1:26 PM
StartOfTheBull How much do you know?
Anyway, it is just my simple calculation. I am not dreaming.

lefty88

63 posts

Posted by lefty88 > 25 minutes ago | Report Abuse

@StartOfTheBull , so early already dreaming :-)
21/03/2024 1:54 PM
newbietrader9 EP=0.37-0.38
TP=0.4-0.46
S=0.33
21/03/2024 3:15 PM
Neoh10855 Will continuously keep flying up by tomorrow 🤔
21/03/2024 9:46 PM
Lyon91 Today look like retracement
22/03/2024 10:49 AM
warchest this is company that will keep paying you dividends. Don't worry. now RM500m earmarked & more to go. They have still a lot of assets
26/03/2024 5:08 PM
Patient Investor The 5 projects in London though yet to kick start, but in planning stage. working capital will be raised through bank loan as company is in net cash position. :D
26/03/2024 7:18 PM
Sales Trusted stock, good dividend.
30/03/2024 10:04 PM
Neoh10855 Selling volume not high if everybody buy in a small lot May help the price raise up ☝️
01/04/2024 9:45 AM
Lyon91 Today retracement again?
01/04/2024 6:58 PM
Lyon91 The Liew big boss running? Are Quek boss will add more in?
05/04/2024 9:59 PM
Neoh10855 Confirm retrace back to lowest price if nobody have interesting to this counter.. Blessing Good luck
06/04/2024 10:36 AM
StartOfTheBull Boss Liew sold big chunk from 37.5c to 36c on 1st, 2nd and 3rd of April. How would price not retracing?
06/04/2024 11:15 AM
Neoh10855 Till now only 2 transaction done 🥲
17/04/2024 10:12 AM
Neoh10855 Zzzz...
18/04/2024 9:56 AM


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