EASTERN & ORIENTAL BHD

KLSE (MYR): E&O (3417)

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Last Price

0.865

Today's Change

-0.07 (7.49%)

Day's Change

0.86 - 0.91

Trading Volume

436,700


18 people like this.

9,787 comment(s). Last comment by Noni 3 days ago

gsrajan

109 posts

Posted by gsrajan > 2017-08-08 11:27 | Report Abuse

Guys, no negative comments please.

chandra54

115 posts

Posted by chandra54 > 2017-08-10 12:27 | Report Abuse

but its really shitty counter!!!

yingchai

428 posts

Posted by yingchai > 2017-08-10 12:29 | Report Abuse

i think can go @ 1.40

Money1188

124 posts

Posted by Money1188 > 2017-08-10 12:55 | Report Abuse

What happened?

BZ

102 posts

Posted by BZ > 2017-08-14 17:41 | Report Abuse

Hopeless counter

Posted by Winnergetitall > 2017-08-16 15:09 | Report Abuse

Be hopeful when everyone is fearful

yingchai

428 posts

Posted by yingchai > 2017-08-30 08:31 | Report Abuse

Lousy result, better sell and go for other counter.

sien

156 posts

Posted by sien > 2017-09-01 21:50 | Report Abuse

Aiyoo... TP 2 by when can reach... Every day also dropping

smartbeng

51 posts

Posted by smartbeng > 2017-09-11 23:42 | Report Abuse

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

Bullshit

100 posts

Posted by Bullshit > 2017-09-25 15:01 | Report Abuse

going to double in mid term.

yingchai

428 posts

Posted by yingchai > 2017-09-26 11:28 | Report Abuse

Today will hit 1.48. BB sell after dividend taking.......

Posted by Supertonic000 > 2017-09-26 21:41 | Report Abuse

Disappointing price movement ...

45 posts

Posted by null > 2017-10-01 21:00 | Report Abuse

hopefully will be uptrend..macd seems give good signal..

yingchai

428 posts

Posted by yingchai > 2017-10-10 18:08 | Report Abuse

down trend alamak....

Posted by Daniel Pang > 2017-10-21 00:28 | Report Abuse

tp 1.80 Next?

painter

61 posts

Posted by painter > 2017-10-26 00:18 | Report Abuse

retest 1.48 and reversal.

painter

61 posts

Posted by painter > 2017-10-26 23:28 | Report Abuse

last big uptrend to 2.50?maybe.

yingchai

428 posts

Posted by yingchai > 2017-11-06 15:32 | Report Abuse

Gone case. Target price RM1.35 In 2 weeks time.....

Posted by Red_Hong_Bao > 2017-11-13 09:20 | Report Abuse

Luckily I throw the shares d. Cannot make it

sien

156 posts

Posted by sien > 2017-11-14 19:51 | Report Abuse

good quarter result..

Posted by albert663 > 2017-11-14 20:16 | Report Abuse

Good Quarter results, why price still heading south?

sien

156 posts

Posted by sien > 2017-11-14 21:27 | Report Abuse

pushed lower for share buy back...

Posted by spiderman49 > 2017-11-15 00:35 | Report Abuse

caused announced after 5pm :D

Galant

171 posts

Posted by Galant > 2017-11-15 11:13 | Report Abuse

got a bit @ 1.47

Posted by LucaBrasi > 2017-11-15 11:24 | Report Abuse

Ya I also buy 1 condo in this share xD

rlch

4,140 posts

Posted by rlch > 2017-11-17 06:09 | Report Abuse

KWAP gone sour investment. Why bought at RM 2 not RM 1.4?

RVI123

660 posts

Posted by RVI123 > 2017-11-17 13:21 | Report Abuse

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.

yingchai

428 posts

Posted by yingchai > 2017-11-22 16:12 | Report Abuse

run run run.......next target price RM1.25......

ryan7642

1,998 posts

Posted by ryan7642 > 2017-12-26 14:25 | Report Abuse

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^^

ryan7642

1,998 posts

Posted by ryan7642 > 2017-12-26 23:27 | Report Abuse

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~~~

ryan7642

1,998 posts

Posted by ryan7642 > 2017-12-28 08:21 | Report Abuse

By Friday shd hv some show to close beauty at 2017 n beauty 2018 opening perhaps^^

yingchai

428 posts

Posted by yingchai > 2018-01-02 17:36 | Report Abuse

I think the price will drop further to 1.38. All in @ 1.30........Current price at 1.43 is on the high side......

Galant

171 posts

Posted by Galant > 2018-01-04 09:28 | Report Abuse

looks relatively safe with all the share buy backs...

Mazhar3192

190 posts

Posted by Mazhar3192 > 2018-01-05 18:38 | Report Abuse

Next week above 1.50

JT James

321 posts

Posted by JT James > 2018-01-12 00:27 | Report Abuse

Straits Quay already sold?

Posted by Teoh Jee Wing > 2018-01-13 22:27 | Report Abuse

Strait Quey sold? Where to get the info ??

JT James

321 posts

Posted by JT James > 2018-01-16 15:33 | Report Abuse

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?

RVI123

660 posts

Posted by RVI123 > 2018-01-16 23:28 | Report Abuse

Any Penang people can update us? Has the reclamation of the first island in STP2 cimpleted?

Posted by greatinvestor > 2018-01-16 23:57 | Report Abuse

Not yet completed

Posted by Teoh Jee Wing > 2018-01-19 11:20 | Report Abuse

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.

RVI123

660 posts

Posted by RVI123 > 2018-01-25 23:53 | Report Abuse

@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.

JuniorR

101 posts

Posted by JuniorR > 2018-03-02 10:32 | Report Abuse

only stamp duty excluded so far i believe.

curious2

1,812 posts

Posted by curious2 > 2018-04-16 11:34 | Report Abuse

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.

RVI123

660 posts

Posted by RVI123 > 2018-05-11 17:45 | Report Abuse

Now with PH winning the election, it should be good news to E&O. The tunnel project will be carried out as planned.

Posted by Administrator > 2018-05-17 19:33 | Report Abuse

2.58 average price target, still can buy some to keep

klout

19 posts

Posted by klout > 2018-06-11 22:47 | Report Abuse

Why does E&O WB keeps dropping? Any reason?

enid888

581 posts

Posted by enid888 > 2018-06-13 23:16 | Report Abuse

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.

alectay

27 posts

Posted by alectay > 2018-06-14 09:58 | Report Abuse

Good

enid888

581 posts

Posted by enid888 > 2018-06-14 11:45 | Report Abuse

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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