all just goreng saje...

EPF is very frequently disposing this stock....

16/08/2013 EMPLOYEES PROVIDENT FUND BOARD Disposal of Shares 170,000
15/08/2013 EMPLOYEES PROVIDENT FUND BOARD Disposal of Shares 41,300
14/08/2013 EMPLOYEES PROVIDENT FUND BOARD Disposal of Shares 82,200
13/08/2013 EMPLOYEES PROVIDENT FUND BOARD Disposal of Shares 114,400
12/08/2013 EMPLOYEES PROVIDENT FUND BOARD Disposal of Shares 6,100
07/08/2013 EMPLOYEES PROVIDENT FUND BOARD Disposal of Shares 534,400

fast in fast out...

>...Companies that have high borrowings in US dollars would also be hit, as they have to fork out more to service their loans.

Some companies like Tenaga Nasional Bhd (TNB) would be affected too, as most of their debt papers were denominated in US dollars, analysts pointed out.

Kaladher said it would also be costlier for TNB to buy coal but noted that the level of impact was not great, as the price for the commodity had come down quite substantially since earlier this year. Other companies that had high foreign debt were MISC Bhd and AirAsia Bhd, CIMB Research said....

no good no good.

should read this:

http://www.thestar.com.my/Business/Business-News/2013/08/16/Doubts-over-China-statistics-Questions-arise-over-just-how-much-its-GDP-is-growing.aspx

Is never too late to buy a share...but i would rather wait till they explain chances of winning the case first...

When will AA setup a hub in China?

Alright, we will see what is Hibiscs stock price. If this will reach $2 before next coming CNY on 31 Jan.

if you are interested to this stock, you shall first understand the business this counter is in.

Cocoa price up is good for cocoa planter, a grinder likewise they would be paying higher price to procure the raw material for processing in house and supply to worldwide market.
GCB is fourth largest cocoa grinder in the world. Other big players in cocoa food sector such as Barry Callebaut in Switzerland, ADM and Cargill in US.

GCB will also face profit or loss in currency however the impact is less significant. For 2012 as example, gross profit was RM164 millions, losses in foreign currency was RM1.7 millions. About 1%.

To manage the above transaction exposure, GCB uses Forward currency contracts and Commodity futures contracts to mitigate risk. They will hedge their sales and purchases denominated in USD, AUD, Pound and Euro. They will also monitor and manage the inventory of raw material changes inline with cocoa bean price movements.

Though Europe and North America economy crisis has impact to the demand however we can see there is already growing demand in Asia. May overtake Europe and US one day as largest consumer of chocolat product.

And with the setup of second facilities at Batam will further boost the capacity, further strengthen their position and lower their production cost in long run.

collect again.

Actually i think today is not a good time to go in. This stock already up consecutively 8 trading days. Adjustment would be around the corner probably next week (just my own prediction, i may be wrong)...further on external factor the next scheduled FOMC meeting Sept. 17-18, this may more or less affect the market sentiment and those foreign buyers.

And do not post such thing as "Price drop today" at time 10:47am, is too early Grandma. Be patient like a young man pls...

Grandma, by end of today price of E&O is up +$0.04.
Every stock will have up and down at time of trading...i dont understand what you are trying to say is dropping.

If you read from the edge finance:
...E&O indicates it would take 60 to 90 days for the DEIA (Detailed Environment Impact Assessment) to be wrapped up and it also hoped to conclude the traffic impact assessment (TIA) at the same time.
This means by end-November, E&O could have all the approvals in place to start reclaimation work on STP2. If so, this would hugely positive for E&O as we estimate the gross development value for the project at a massive RM25 billion to RM30 billion.

http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/249895-eaos-flagship-project-set-to-take-off.html

Pls check your facts also Grandma.

Grandma
Stock: [E&O]: EASTERN & ORIENTAL BHD

Aug 16, 2013 10:47 AM | Report Abuse

Cheeseburger, price drop today. Grandma already said it will happen today. Btw there is no detailed assessment as you claim. Its just an assessment. A detailed assessment can take up to 3 year before for anything can start.

goreng make ppl happy

Not sure where you get the GDV value but the stp2 estimation of GDV of the project is at RM25B to RM30B.
There is timeline to get all approval in terms of detailed environment impact assessment, traffic impact assessment. By then, it would be a little late to start accumulating as all coming newsflow on stp2 may excite the share price few months down the road.

GST is applied to all goods, not just brewery right?

Surprising it will retest all time high of $1.39. i have a thought it will only do so by year end but seem faster than i thought. Once break will soon sail into $1.40

slow slow cooker, up again...

adjustment possible today.

old news goreng again lo. Anyway the GO price last time cannot use again now, land valuation raise, new project launch stp2...E&O worth more today.

wait n see ...

bought...

Another report

http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/249895-eaos-flagship-project-set-to-take-off.html

TP : $2.48

The Edge Finance - 15 Aug

pathew - is today news, not last year...

E&O a potential take over target--- RHB

TP: $2.60

http://www.theedgemalaysia.com/business-news/249902-e-a-o-a-potential-takeover-target-says-rhb-research-.html

the edge - 15 Aug

Sime Darby will have big plan...

Is undervalued counter even without PJ Sentral.
A confirm breakthrough will probably at $1.65, follow by $1.80 and $2.04
Now until end Aug will be interesting month to watch out keep this in radar.

Will hold till verdict...

Awakening...grab it before is too late

$2.20 on sight.

slight adjustment is good. Probably give rooms for moving up again in late evening.

@elsonnjh
I dont know if the main reason other airline could offer cheaper than AA is due to sending their plane to Ah Beng's workshop or less maintenance to their plane. Are you trying to say that?

AA is no longer price competitive. I found that even Jetstar or Tigerair can provide better fare in same route they operate together.

There is always a reason why they want to buy media as there are many more business out there...
These people are not normal guy, they see the future we don't. Like Amazon boss and Warren Buffet.

Going down, opportunity to buy
Going up, opportunity to sell
Not moving, no opportunity....

Finally sleeping beauty wake up after the kiss...

Break through...

Thanks Happy88. Something is going on...

This Guinness been sleeping too long, is time to wake up

sleeping counter

KLSE fly high but this AAX like dead water? really...

Going up

found oil?

Sime Darby Bhd is currently the company’s single largest shareholder, holding 32% equity interest in E&O. Sime Darby first bought a 30% stake in E&O in September 2011.

Meanwhile, HwangDBS Research said in its report that E&O is expected to embark on aggressive landbanking in Kuala Lumpur, Johor and overseas on top of the STP 2 reclamation project.

“These could raise net gearing to as high as 100% from 35% currently, but can be managed via JVs (joint ventures) and potential equity fund-raising,” HwangDBS Research highlighted.

Both RHB Research and HwangDBS Research maintained their “buy” call on the counter with RHB Research targeting a fair value of RM3 a share and HwangDBS RM2.90.



-The Edge, 13 Aug

Of course dont put all eggs in basket. Invest in this counter with money that you can afford to lose. After all, i dont see high possibility people will lose all their money in this counter a year from now.
The buying interest is always there for SPAC counter for those who speculates, for the momentum of share trading, for those who believe, and after all, before any real acquisition happens, all investors in SPAC is buying a "hope". This is the strongest reason for this share to keep moving.

Sona is a SPAC company which is a shell company with no operations but have 3 yrs from listing date to acquire assets.
To date Sona has $550mil proceeds from IPO. As compare to two ealier listed SPACs - Hibiscus and Cliq which raised proceeds $235mil and $364mil respectively.
Today Hibiscus share is trading at $1.4x, from a initial start of $0.50. It would be normal expectation for Sona to reach a higher scale or even at least similar to Hibiscus a year from now as both explore in same O&G sector and SPAC company.
It maybe highly speculative for those who buy Sona now. But with Sona has cash in hand $550mil and acquisition time frame of 3 yrs. The risk taken could be highly rewarding for investors. I would think to buy and keep it for at least 1 year.

brewing

support by strong buying interest.

DY is low.
Lack of sustainable earning growth.
Shortage of O&G talent....

Early bird got the worm.