better sell in high short rebound price now or never while insider try to push up price while its too late! you may always can make a comeback when its reach bottom
Hope that the management will sell away the investments and developments in the UK. The developments in the UK are occupying too much of the capital of E&O and increased the borrowings of E&O at 59% of equity now. If they can sell them away, the funds can be used to reduce the borrowings of the company and used as working capital. It is better to concentrate on STP2 in Penang, Elmina in Selangor and Avira in Iskandar Johor. These 3 projects are huge and will keep the company busy for the next 25 years.
Report showing the best financial year end but price showing the lowest..shd be same trend as wct..stay tune on baby show time wf higher % return don't miss the boat^^
Bear in mind KWSP private placement at 1.8+(on Aug/sept).. price won't be keeping at this range for so long (almost half year) and positive trend is ad showing via company report n result so don't miss the biggest % earning via baby enter b4 engine start Vroom~~~
Teoh Jee Wing, i am merely asking a question. That is because E&O is trying to dispose of Straits Quay for quite some time now. So anyone have any info if they have sold Straits Quay?
Just visit Straight Quey last few day, I dont think they are sold. Because the E&O still own it and brand logo still in the building also information counter.
Anyways the building is nice, but human traffic is consider very low.
They should have more event function and activity to pull the cloud.. otherwise, electric & maintenance can eat out their operation profit margin as well.
@greatinvestor, There are two sections in the ongoing reclamation. The island section and the seaside section. The island section is owned by E&O. The seaside section will be owned by Penang government. Therefore, the island reclamation is more important to us. Has the reclamation for island section completed? It was already at advanced stage a few months ago. I know that the seaside section has a long way to go.
Penang Tunnel project will be cancelled if BN takeover Pg to protect KWAP wrong investment? If ask Penangites sure Gurney land sure more valuable than STP2.
The waiting or gestation period is over. The harvesting phase has begun.
The 1st island of STP2 has been fully reclaimed. 20% of the development land has been monetized and sold to KWAP. Profits from the sales will be recognised within the next two years progressively according to infrastructure milestone constructed.
The construction work of the bridge linking the mainland to the island has commenced and is scheduled to be completed by 2020. Furthermore, the first development in the island will be launched within 6 months to 9 months from now.
When all these happened, the investors can visualize the real value of the whole development. E&O share price will be on uptrend inline with the increase in awareness of the investing community on the real values of the island.
The Sime Property Dilemma - What To Do With Investment In E&O?
On 27/9/2016, Sime Darby sold 10% of its 22.2% shareholdings in E&O at RM2.45 per share. One of the reasons may be the investment is in an opposition state. However, Pakatan Harapan has won GE14 and Penang is now ruled by the ruling party. Should Sime Property relook into its investment strategy in E&O? The answer should be "Yes". Sime Property should look into its strategy and what they should do with its remaining investment of 11.57% in E&O?
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
gsrajan
109 posts
Posted by gsrajan > 2017-08-08 11:27 | Report Abuse
Guys, no negative comments please.