Posted by HakChai > 2016-01-20 19:27 | Report Abuse

Listen to Bfm and listen to Terence Wong (ex CIMB head research)

http://klse.i3investor.com/blogs/bfm_podcast/90117.jsp

Posted by HakChai > 2016-01-21 10:33 | Report Abuse

Dead stock

Posted by HakChai > 2016-01-21 10:35 | Report Abuse

Good stock dead management

Posted by Rajuan_Singh > 2016-01-21 10:50 | Report Abuse

Sad..even Terence Wong Said it was a gd stock but I think he shud add on the lousy job by mgmt

Posted by HakChai > 2016-01-21 18:05 | Report Abuse

Ks - kiasu?

Posted by HakChai > 2016-01-22 05:55 | Report Abuse

fly?

Posted by SimonShuet > 2016-01-22 11:16 | Report Abuse

From CIMB

Eastern & Oriental - Executes supplemental CA for STP2
E&O announced on Bursa Malaysia that its subsidiary Tg.Pinang Development (TPD) has signed a supplementary concession agreement (CA) with the Penang Government. This relates to E&O’s concession rights to reclaim 980 acres of land within Seri Tg.Pinang (STP), for which Phase 2 is approximately 760 acres. Based on our estimated selling price of RM400psf, the profit from potential land sales at STP2 may be lucrative because of its low-breakeven cost. We maintain our BUY recommendation on Eastern & Oriental (E&O) with an unchanged fair value of RM2.76/share (50% discount to FD NAV).

Posted by Rajuan_Singh > 2016-01-22 14:14 | Report Abuse

BNM announce reduce in SRR fr 4 to 3.5%. More liquidity in market staring from 1st Feb.

Posted by Rajuan_Singh > 2016-01-22 14:14 | Report Abuse

We will see if the market rebound further second half

Posted by Gregorian > 2016-01-22 22:25 | Report Abuse

Dear Friends and Investors,

Item no1 below is official as per link. Secondly a revaluation of the land around Tanjong Pinang is also in progress. So far there is Ewein in the North East area of the island (same location as STP2) and the psf is high. The exact calculated value is RM1300 however if base on 60/40 rule of development it should be 780psf onwards. More or less the two news will give investors an idea what they are dealing with. More to come

http://www.theedgemarkets.com/my/article/eos-stp2-project-start-moving-end-january

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Stock: [E&O]: EASTERN & ORIENTAL BHD
Jan 8, 2016 01:07 PM | Report Abuse

Dear Friends and Investors,

Firstly sorry for the delayed New Year greetings. I was up and about abroad in Europe on a long business trip. Came back last week and took a journey up to Penang to see for myself the reclamation. Though many of the markings and base already set up, at that point work has not start. I believe it's partially due to the current sentiment. There are 2 reclamation, one down south and the other up north of the island.

The one down south of the island (Bayan Lepas) has been given green light by the state government and the north should follow suite. For those who are not aware, north is where the STP2 reclamation near Gurney will start.
I hv no doubt that the reclamation will proceed because the commitment and compensation is sizable.

I would like to bring to your focus 3 things which will be happening
1. Start work
2. UK PLC
3. Partner for STP2

This 3 will bring in the revenue, valuation and reduce the debt. When that happens, the share price will be 2 times more attractive than the July 2014 when the price was pass RM3.



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Posted by Gregorian > 2016-01-23 22:03 | Report Abuse

（吉隆坡22日讯）东家（E&O，3417，主板产业股）与槟城州政府签署附加协议，槟城斯里丹绒槟榔（Seri Tanjung Pinang，简称STP）第二期工程，可进行近760英亩的填土工程。
周三，东家子公司丹绒槟榔发展私人有限公司（Tanjung Pinang Development，简称TPD）与州政府签署该协议。
根据协议，从1997年展开的填土工程，槟城斯里丹绒槟榔两期工程须在2022年13月31日或之前完成。
此外，第二期工程中的191.13英亩地皮，将须交给州政府，这包括在新关仔角（Persiaran Gurney）的131.09英亩地皮。
对此，大马投行分析员指出，该项协议将让东家又踏前一步，把万众期待的STP2发展项目套现。
“根据每平方尺400令吉的销售价，从脱售STP2地皮获得的盈利将会非常高，因为成本低。”
早前，该公司已颁发10亿令吉的2A期填土合约给中国通讯建筑公司，为期30个月。
东家已从马银行回教银行和兴业回教银行，取得10亿令吉的银团便利，用作融资STP2。
吸引市场购兴
随着这工程的进展顺利，投资者的焦点将重新放在公司能否在未来数个月，为STP2获得第一级投资者。
同时，这将引起市场对该股的购兴，且显著推高股价。
因此，分析员维持该股为“买入”投资评级，而目标价格为2.76令吉。
闭市时，东家以1.43令吉挂收，起5仙或3.62%，成交量有9万4800股。

Posted by Rajuan_Singh > 2016-01-26 11:18 | Report Abuse

With Ewein showing the way on the valuation, the link below is even more meaningful

http://www.theedgemarkets.com/my/article/eo’s-ca-step-monetise-stp2

Posted by BrotherLove > 2016-01-26 14:01 | Report Abuse

i love you Rajuan

Posted by BrotherLove > 2016-01-26 14:31 | Report Abuse

beautiiiifuuullll

Posted by HakChai > 2016-01-27 13:14 | Report Abuse

I hope Terry Tham come out and make a rational statement. Pls don't say that the all the bursa stocks are hit therefore E&O shud not be blame for poor performance. E&O was down when all others are up, now they are only holding on. Where is PLC? Where is partner? You hv to announce it quick

Posted by HakChai > 2016-01-29 10:29 | Report Abuse

E&O mgmt better don't screw this run this time. Make your move now

Posted by projecti2016 > 2016-01-29 11:15 | Report Abuse

still can trust??

Posted by BrotherLove > 2016-01-29 11:17 | Report Abuse

Love and trust them!!

Posted by HakChai > 2016-01-29 20:41 | Report Abuse

The E&O leadership has the least urgency in getting thinsgs done..pls sack the deputy MD Eric and put someone there capable before things become irreversible.

Posted by Laughgaodiemeliao > 2016-01-29 20:42 | Report Abuse

all i wanted to do is to dine in E&O hotel and nothing else.

Posted by BZ > 2016-01-29 20:42 | Report Abuse

Real layback

Posted by HakChai > 2016-01-29 20:43 | Report Abuse

Sleepy hollow

Posted by HakChai > 2016-01-31 18:44 | Report Abuse

As I told you guys the deputy md Eric is useless. TT pls bring & market the good news forward and not sleep like the Eric

Posted by Park_Yew > 2016-01-31 21:59 | Report Abuse

Eric cannot lead E&O. It will die. He failed since Jul 2014 until now.

Posted by SimonShuet > 2016-02-03 21:21 | Report Abuse

May see a breakout if volume and buyrate continues

Posted by HakChai > 2016-02-04 09:41 | Report Abuse

Boss Simon, if breakout happen, mind sharing the tp1 ?

Posted by SimonShuet > 2016-02-04 09:51 | Report Abuse

Hakchai, it must pass 1.58 theoretical barrier and 1.60 psychological barrier it may hit 1.68 today. If can pass 1.68 maybe the real breakout

Posted by SimonShuet > 2016-02-04 09:53 | Report Abuse

Note volume is required!

Posted by Rajuan_Singh > 2016-02-04 13:39 | Report Abuse

Thank you bro Simon

Posted by phye > 2016-02-04 15:06 | Report Abuse

why E&O so bullish?

Posted by cheeseburger > 2016-02-04 15:33 | Report Abuse

1 year ago it was at 2.37. What means bullish? still very far away.

Posted by Gregorian > 2016-02-04 17:50 | Report Abuse

Pls refer to the below. No 1 considered done deal targeted 18mths to complete which is less than building a 15 story condo to monetize. U.K. Announcement anytime. If partner is announce early the realization will be very much earlier

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Stock: [E&O]: EASTERN & ORIENTAL BHD
Jan 8, 2016 01:07 PM | Report Abuse

Dear Friends and Investors,

Firstly sorry for the delayed New Year greetings. I was up and about abroad in Europe on a long business trip. Came back last week and took a journey up to Penang to see for myself the reclamation. Though many of the markings and base already set up, at that point work has not start. I believe it's partially due to the current sentiment. There are 2 reclamation, one down south and the other up north of the island.

The one down south of the island (Bayan Lepas) has been given green light by the state government and the north should follow suite. For those who are not aware, north is where the STP2 reclamation near Gurney will start.
I hv no doubt that the reclamation will proceed because the commitment and compensation is sizable.

I would like to bring to your focus 3 things which will be happening
1. Start work
2. UK PLC
3. Partner for STP2

This 3 will bring in the revenue, valuation and reduce the debt. When that happens, the share price will be 2 times more attractive than the July 2014 when the price was pass RM3.



------------------

Posted by HakChai > 2016-02-04 18:28 | Report Abuse

I bleed a lot from this stock though I believe the greatness of the stp2 that has brought Terry Tham out of retirement

Posted by dusti > 2016-02-04 21:17 | Report Abuse

Very hi vol. >4x average daily volume today. More good news in the future?

Posted by Jackma76 > 2016-02-04 22:55 | Report Abuse

waiting next resistance MA200 to break

Posted by SimonShuet > 2016-02-05 09:21 | Report Abuse

Yes another assault at SMA200 @1.65 and resistance of 1.68

Posted by Rockford > 2016-02-05 09:33 | Report Abuse

Sifu Simon, can share opinion on the E&O-WB price?

Posted by HakChai > 2016-02-05 09:46 | Report Abuse

Dropping again. Sleepy hollow ZZZZzz

Posted by SimonShuet > 2016-02-05 10:05 | Report Abuse

Rockford, in my opinion the WB is geared much lower. However having said that the gearing picks up at higher mother price. Base on earlier movement the current price should be 24c for WB.

Posted by HakChai > 2016-02-05 10:13 | Report Abuse

Then why the WB still not moving?

Posted by HakChai > 2016-02-05 11:15 | Report Abuse

before the reputation of E&O go down the drain like Trops, sack Eric and replace him. Even troops reduce the debt to 0.18 also cannot recover in share price because the name badly dented. E&O must replace Eric now before too late

Posted by HakChai > 2016-02-05 11:18 | Report Abuse

Sorry to investors but really fcking frustrated with the stupid mgmt. Hv everything but nothing done to boost the shares. I can be patient while waiting for STP2 to be approve and all necessary doc but after getting it they still sleeping tieeewww

Posted by HakChai > 2016-02-05 11:20 | Report Abuse

conitinue to sleep while i sell and leave 1 share just to be at the AGM to hammer the stupid fark Eric

Posted by projecti2016 > 2016-02-06 21:13 | Report Abuse

looks like nothing changed much

Posted by Rajuan_Singh > 2016-02-09 22:48 | Report Abuse

Boss Simon, I follow a lot of your comment and blog. Can you advice movement tomorrow base on your reading of E&O and market.

Posted by SimonShuet > 2016-02-11 00:12 | Report Abuse

Rajuan, my view as follow, on Monday it touched 1.68 briefly (the resistance I mentioned earlier) and today's' fall to 1.61 fr 1.65 coincided with the global market which also timed to its peak at the two points I mention (1.65 & 1.68). Today's buy rate at 43.27% with lower volume also coincide with the market trend as buyers are prudent not to commit with market sentiment and at the same time the overheating from the overbuying with high volume over last 3 previous days I believe their action is justifiable.
For tomorrow, the thing to look out for is volume + buy rate + price change to determine if rebound is continuing.
Desirable outlook for tomorrow = high volume + high buy rate + price moving up
Not so desirable = high volume + high buy rate + price movement unchange (maybe collection in progress)
Not desirable = low volume + low buy rate + price decline (low interest)
Not desirable = high volume + low buy rate + price decline (panic selling)

Watch for this sign and decide...

Posted by Rajuan_Singh > 2016-02-11 10:58 | Report Abuse

Looks like not desirable

Posted by HakChai > 2016-02-13 17:59 | Report Abuse

Bye guys I sold all. I will never touch this counter again as long as Eric is in command

Posted by Kjsiah > 2016-02-15 10:17 | Report Abuse

Agreed....Me iso sell. Lousy mgmt. Slow and lame

Posted by ShengnFrens > 2016-02-15 10:22 | Report Abuse

Why guys ? This month starts work and partner coming liao