QUOTE(mascot_lim @ Sep 21 2016, 04:06 PM)
What u mean "parK" here?
for him to refer in the future... lol..... when he wanna find back this thread...Eco Grandeur v2, by Eco World Development Group Bhd
|
|
 Sep 21 2016, 04:08 PM
Return to original view | Post
#41
|
 
All Stars
10,188 posts Joined: Apr 2012 
|
|
Quote|
|
|
|
|
Sep 22 2016, 09:35 AM
Return to original view | Post
#42
|
|
All Stars
10,188 posts Joined: Apr 2012
|
wa 4 projects concurrently... really wanna meet their year end budget huh... haha... although still have 6 mths to go for their financial year end... and most of it are township projects.... ganas betul.... lol
|
|
|
Sep 22 2016, 09:44 AM
Return to original view | Post
#43
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(Jasoncat @ Sep 22 2016, 09:41 AM) 6 months to go? EW's financial end is 31October. Btw, there is still room to "maneuver" whether to use these launches to meet the sales target for FY15 - just play around with the S&P signing date will do. oh izzit... sorry my bad... mixed up with other GLC... lol... so after launching its their financial year end already... thats a super busy financial year end they have... their unbilled sales should be increased super kao kao...  |
|
|
Sep 22 2016, 09:59 AM
Return to original view | Post
#44
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(mascot_lim @ Sep 22 2016, 09:48 AM) What surprise me is they still dare to set their sales target in 2017 upwards till 4.5B. Even other big boys also lower down their sales target...... they are confidence with the response on all of their projects... u see EA... 11.30pm queue also ppl willing to queue... and the pricing of the project is twice the pricing in EG.... lolz... |
|
|
Sep 22 2016, 10:33 AM
Return to original view | Post
#45
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(wl_n @ Sep 22 2016, 10:11 AM) absolute price is affordable becoz small size but not really cheap psf. well its the same concept on the condos within klang valley... plus EW never really launch any project in KV as such psf pricing right? |
|
|
Sep 22 2016, 02:52 PM
Return to original view | Post
#46
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(zyde @ Sep 22 2016, 02:48 PM) hmmm... not bad... at least the starting of something.... not pure talking.... haha... |
|
|
|
|
|
Sep 22 2016, 03:20 PM
Return to original view | Post
#47
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(zyde @ Sep 22 2016, 03:14 PM) Land clearing near to PMD exit is ongoing. I guess for building a overhead bridge from PMD to Guthrie. For the time being, PMD will be experiencing extra jam right? |
|
|
Sep 22 2016, 03:44 PM
Return to original view | Post
#48
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(mascot_lim @ Sep 22 2016, 03:39 PM) I am believe with this situation will be same like those are experiencing traffic jam due to construction of KV MRT1...... yea... i know the feeling... this wad happening right now in cheras... for the time being... if you wanna skip the jam in PMD... have to just use all the alternative way... but need to incur more toll... or wake up earlier to travel... Perhaps have to be patience for traffic jam for 1-2 years for the sake of better traffic flow for the future. |
|
|
Sep 23 2016, 09:10 AM
Return to original view | Post
#49
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(lustremoon @ Sep 22 2016, 06:21 PM) This would not help hillpark/EW residents right...since the areas being upgraded is atleast 15km away. Any idea if EW/Hillpark can ride on this and do something to ease traffic.... well.... the jam is happening from the area 15km away... yea... its that jam... basically every morning from hillpark/EW... you wont feel anything from your side of the PMD road... but once you drive a little further up... there u go... the bottleneck... traffic green sometimes also wont move those kind of feelings... the jam does not happen at the hillpark/EW side.. some who wanna go to KL... dont want to pay so much toll from Latar... will use PMD towards NKVE to KL... |
|
|
Sep 23 2016, 09:12 AM
Return to original view | Post
#50
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(mascot_lim @ Sep 22 2016, 06:29 PM) To be frank, I think EG / Hillpark residents should banking on DASH highway which is more sense than PMD, unless someone heading to KLIA corridor or Klang / Rawang area which need to access into NKVE and Gutherie highway. but the cheapest way would be using PMD to go to DASH also right... for EG/Hillpark residence... haha... and the bottleneck of PMD is nearby the DASH highway exit... the jam does not occur from EG/Hillpark side... we are just joining the crowd to jam in the later stage... haha... |
|
|
Sep 23 2016, 09:15 AM
Return to original view | Post
#51
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(propertybbb @ Sep 22 2016, 09:19 PM) LATAR doom....serious north klang valley is so so slow.... why LATAR doom? lol... i think using LATAR to back from KL for now to Hillpark/EG is wayyy faster than using NKVE to back or even compare to the time travel from KL to setia alam... ytdy i travel from KL to setia alam took me one hour plus during peak hour... go back to Hillpark/EG only required 40-45 mins from KL even during peak hours... |
|
|
Sep 23 2016, 09:16 AM
Return to original view | Post
#52
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(nexona88 @ Sep 22 2016, 10:57 PM) EW love to spam sms.. maybe everyone have their own definition of good units... hahah... so there might be some chances for those who come in late... lolz...never too late to get queue number? no use as the "good" units have been taken up  |
|
|
Sep 23 2016, 09:55 AM
Return to original view | Post
#53
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(alankong @ Sep 23 2016, 09:52 AM) Eco Firsts program??? no la... is EW first time launched so many projects at one go... haha...First come first serve?  |
|
|
|
|
|
Sep 23 2016, 11:58 AM
Return to original view | Post
#54
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(mascot_lim @ Sep 23 2016, 11:55 AM) Thats why now they pushing buyer to sign S&P on the spot la....once you signed S&P on the spot, they can recognized as revenue already..... Sale of properties under developmentCan any accountant to confirm on this? Revenue from sale of properties is accounted for by the stage of completion method in respect of the property units sold. The stage of completion method is determined by the proportion that property development costs incurred for work performed to date bear to the estimated total property development costs. actually I dont really think they can recognise as revenue immediately even after signing SPA... maybe on the first 10% they can.... subsequently they need to recognise based on progress billing as well over the course of construction.... |
|
|
Sep 23 2016, 12:10 PM
Return to original view | Post
#55
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(klangvalleyrookie @ Sep 23 2016, 11:58 AM) Unbilled sales but in term of accountings... can unbilled sales be recognised at the P&L? accounting rusty liao shit.... |
|
|
Sep 23 2016, 12:16 PM
Return to original view | Post
#56
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(klangvalleyrookie @ Sep 23 2016, 12:15 PM) Cannot.... Only billed sales can be accounted as revenue. so in the end... the 4 launchings wont really impact on the p&l of ecoworld for this financial year liao... haha... |
|
|
Sep 23 2016, 02:11 PM
Return to original view | Post
#57
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(Jasoncat @ Sep 23 2016, 12:39 PM) When you see the paper the developers say RMXX bil sales achieved or they target to achieve RMXX bil sales - all it means the unbilled sales. oooh.... learned new thing from taikor~ hahaha... i always tot is the numbers on the financial paper... unbilled sales also can use in this way....  |
|
|
Sep 23 2016, 02:40 PM
Return to original view | Post
#58
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(Jasoncat @ Sep 23 2016, 02:37 PM) To be more precise, some (unbilled) sales recorded in earlier part of the financial year could have been billed then but it is still accounted for as sales for that particular year. ooooh.... cantik boss... thats why the launching of the 4 projects simultaneously can reli help them in this case... as from the pre launch... they can estimate how much unbilled sales from all the projects....  |
|
|
Sep 23 2016, 02:56 PM
Return to original view | Post
#59
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(Palmwalker001 @ Sep 23 2016, 02:52 PM) From what I understand is revenue include billed sales + unbilled sales (or accrued income ie work completed but subject to verification of architect) woh.. Sale of properties under developmentRevenue from sale of properties is accounted for by the stage of completion method in respect of the property units sold. The stage of completion method is determined by the proportion that property development costs incurred for work performed to date bear to the estimated total property development costs. i think wad u meant shud be quite in line with this NTA from EW's FS? |
|
|
Sep 24 2016, 09:27 AM
Return to original view | Post
#60
|
|
All Stars
10,188 posts Joined: Apr 2012
|
QUOTE(Palmwalker001 @ Sep 23 2016, 05:44 PM) In respect of progress billings: haha bro... i am only asking on simple unbilled sales in accounting terms... haha... klangvalley bro just answering my simple question only... those who know accounting should be able to understand wad you mentioning... its good knowledge for those who are not into account... 1.accrued billings as current asset, representing the excess of revenue recognised in the income statement over the billings to purchasers; and 2.progress billings as current liability, representing the excess of billings to purchasers over revenue recognised in the income statement; https://forum.lowyat.net/topic/3594418/all My understand is this is a double entry, credit go to sales, while debit go to current assets in balance sheet, as balance sheet is cumulative the figure there normally more than income statement. |
| Change to: |  0.0942sec
 1.78
 7 queries
 GZIP Disabled
Time is now: 23rd December 2025 - 05:21 AM |
All Rights Reserved © 2002- 2025 Vijandren Ramadass (~unite against racism~)
Powered by Invision Power Board © 2025 IPS, Inc.