EASTERN & ORIENTAL BHD

KLSE (MYR): E&O (3417)

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Last Price

0.94

Today's Change

-0.01 (1.05%)

Day's Change

0.935 - 0.96

Trading Volume

2,368,800


18 people like this.

9,802 comment(s). Last comment by turbochart 3 days ago

ocpd

762 posts

Posted by ocpd > 2020-08-18 10:30 | Report Abuse

All got conned by @jackson88

Pi Xiu

24 posts

Posted by Pi Xiu > 2020-08-18 16:42 | Report Abuse

sell down by EPF and Tabung Haji

mf

29,190 posts

Posted by mf > 2020-08-27 18:44 | Report Abuse

gap down

Sailangking

1,912 posts

Posted by Sailangking > 2020-08-30 21:27 | Report Abuse

No movement

Posted by T800Terminator > 2020-08-30 21:29 | Report Abuse

Back to 0.375?

RainT

8,448 posts

Posted by RainT > 2020-09-12 23:12 | Report Abuse

down more

buy

more value buy

RainT

8,448 posts

Posted by RainT > 2020-09-12 23:12 | Report Abuse

this counter need hold long

very long term

Pi Xiu

24 posts

Posted by Pi Xiu > 2020-09-13 16:43 | Report Abuse

go glove counter goreng one round onli come back la

ivanlau

1,390 posts

Posted by ivanlau > 2020-10-27 23:11 | Report Abuse

E&O mega project in Penang now kena stop ( gurney drive there ), Sudden stop of the project definitely will bring more burden to their financial ....

RainT

8,448 posts

Posted by RainT > 2020-11-08 08:31 | Report Abuse

kena stop is due to Covid 19 lock down ?

or due to other operating reason ?

RainT

8,448 posts

Posted by RainT > 2020-11-08 08:31 | Report Abuse

if due to operating reasons then habit lo...

Posted by flyingtomoon2020 > 2020-11-08 18:13 |

Post removed.Why?

actura

93 posts

Posted by actura > 2020-12-16 19:46 | Report Abuse

Hope penang project open soonest....

RainT

8,448 posts

Posted by RainT > 2021-01-05 10:09 | Report Abuse

why share price is down?

is it investment fund is selling & director is selling?

RainT

8,448 posts

Posted by RainT > 2021-01-05 10:09 | Report Abuse

what reasons they sell non stop since dec 2020?

RainT

8,448 posts

Posted by RainT > 2021-02-25 15:19 | Report Abuse

Sales drop but the admin expenses is still high in proportion of sales amount 28%

in the past admin expenses is circa around 15% of sales amount only

RainT

8,448 posts

Posted by RainT > 2021-02-25 15:32 | Report Abuse

already hinted in qtr report

E&O will continue to be bad until Covid 19 disappear

RRWin89

503 posts

Posted by RRWin89 > 2021-03-12 12:13 | Report Abuse

aiya. dont talk too much. i in since last week ady. hehe

RRWin89

503 posts

Posted by RRWin89 > 2021-03-12 12:14 | Report Abuse

China vaccine passport pass, sure Penang will need more hotel. more more more

RRWin89

503 posts

Posted by RRWin89 > 2021-03-12 12:14 | Report Abuse

test resistance and fly back to pre-covid. yeah? go go go e

wolf515

56 posts

Posted by wolf515 > 2021-03-15 15:16 | Report Abuse

huge road block on 0.50

wolf515

56 posts

Posted by wolf515 > 2021-03-16 09:18 | Report Abuse

wah....break up 0.50

mansaham1972

1,197 posts

Posted by mansaham1972 > 2021-03-16 17:25 | Report Abuse

Tq E&O

jackson88

412 posts

Posted by jackson88 > 2021-03-18 07:53 | Report Abuse

Going to try to sell today. I think it will fall below 50sen again. Hope there will be buyers that willing to buy

Jjkcl

883 posts

Posted by Jjkcl > 2021-03-18 08:06 | Report Abuse

Time for uptrend

gforce2

208 posts

Posted by gforce2 > 2021-03-27 08:07 | Report Abuse

https://www.theedgemarkets.com/article/maybank-eo-sime-darby-kerjaya-prospek-group-velesto-ioi-corp-cypark-malton-kimlun-haio

Amazing Parade Sdn Bhd is making a mandatory takeover offer to Eastern & Oriental Bhd (E&O) at 60 sen per share after it bought a 10.89% stake from Sime Darby Bhd. E&O said it received notice of the MGO from Amazing Parade — the private vehicle of the Tee brothers, who control construction firm Kerjaya Prospek Group Bhd. Sime Darby, meanwhile, said it has disposed of its last block of shares in E&O to Amazing Parade for RM93.5 million cash. Its indirect wholly-owned subsidiary Sime Darby Nominees Sdn Bhd today entered into a share sale agreement to dispose of its entire stake in E&O, comprising 155.83 million ordinary shares and representing approximately 10.89% equity interest in the shares outstanding of E&O, to Amazing Parade for a total cash consideration of RM93.5 million or 60 sen per share.

===

Sime Darby has exited. GKG still selling. 60 sen is dirt cheap, but perhaps Kerjaya team can bring in some cash, capital and fresh ideas to turn things around.

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-03-27 10:31 | Report Abuse

I see this as positive development .

Minagrace

38 posts

Posted by Minagrace > 2021-03-27 10:37 | Report Abuse

Tee family already has its own property arm KPP.
Hmmm will it 2 become 1 later ?

Posted by melanie1818181818 > 2021-03-27 17:20 | Report Abuse

rich become richer
NTA 1.22, RNAV easily 1.22 + 1.00 = 2.22 considering only STP2
now offer you 0.6, treating minority like beggers
tmd only around 25% of RNAV, die die don't sell
instant profit at least 1B by flipping the assets
need to earn to this extent meh?

Posted by melanie1818181818 > 2021-03-27 17:23 | Report Abuse

simedarby also very s.orh.ai
bought 2.0 sell 0.6
glc.... poor shareholders of simdarby

bizzybone

286 posts

Posted by bizzybone > 2021-03-27 17:26 | Report Abuse

MGO because crossed the 33% threshold for PACs. Intend to maintain listing so offer of RM0.60 is purposely low. If they offer much higher and many accept the offer, how are they gonna maintain listing?

bizzybone

286 posts

Posted by bizzybone > 2021-03-27 17:27 | Report Abuse

Sime Darby only lost on this transaction. Previous two sales at 2.60 and 2.90.

Jjkcl

883 posts

Posted by Jjkcl > 2021-03-27 17:38 | Report Abuse

Only 0.60, sell first

OkieDokie

197 posts

Posted by OkieDokie > 2021-03-28 11:34 | Report Abuse

"melanie1818181818 rich become richer"

Do not swear please, this is a willing buyer and willing seller case . ; ) lol

funny2331

30 posts

Posted by funny2331 > 2021-03-29 11:27 | Report Abuse

Dato Tee is taking over his previous boss company. Time sure passing fast. Anything would happen. That time kerjaya still a small company taking construction projects from E&O.

RainT

8,448 posts

Posted by RainT > 2021-03-29 15:14 | Report Abuse

take over price 60 sen

why now have people buying at above 60 sen ?

this take over is compulsory to happen ?

Trump2021

29 posts

Posted by Trump2021 > 2021-03-29 16:03 | Report Abuse

NTA : 1.22 and take over price 0.60. can meh ? All share holders willing to sell ? Or just talk talk only. Like me talk to Xi. Is it a fair deal ? Cheap sale ?

OkieDokie

197 posts

Posted by OkieDokie > 2021-04-01 09:02 | Report Abuse

Bankers asked you to hold.

Posted by melanie1818181818 > 2021-04-01 09:15 | Report Abuse

Look at RNAV 2.40 la, not NTA
To put things into perspective, it’s like buying a 1M house for 250k. Such kind of deal only for the rich
Poor chaps dream in ya

Posted by melanie1818181818 > 2021-04-01 09:17 | Report Abuse

Earn like this at the expense of minority for karma one
Like ananda, karma every now and then

Johnzhang

3,098 posts

Posted by Johnzhang > 2021-04-01 09:41 | Report Abuse

Minorities always get screwed because they give in easily. Wake up minorities.!

Karlos

1,284 posts

Posted by Karlos > 2021-04-12 10:36 | Report Abuse

No reason for shareholders to sell at 60 sen as it is far below intrinsic value and on top the counter will continue to be listed.

Syndicates

884 posts

Posted by Syndicates > 2021-04-12 10:47 | Report Abuse

dont forget kpower euro and scib. same same pattern

RainT

8,448 posts

Posted by RainT > 2021-04-13 18:41 | Report Abuse

Many takeovers & privatise also at below NTA value

Not a surprise if success

gforce2

208 posts

Posted by gforce2 > 2021-04-16 16:43 | Report Abuse

Wow, Wan Azmi selling down his stake at a loss! Original investment @98 sen per share in 2019.

RainT

8,448 posts

Posted by RainT > 2021-04-19 15:31 | Report Abuse

Last time when Wan Azmi buy

The Edge interview come out , he said E&O is good invest for long term

RainT

8,448 posts

Posted by RainT > 2021-04-19 15:31 | Report Abuse

what makes him U turn & sell recently?

RainT

8,448 posts

Posted by RainT > 2021-04-19 15:31 | Report Abuse

I see E&O future prospect still intact

but need wait very very long term la

RainT

8,448 posts

Posted by RainT > 2021-04-19 15:32 | Report Abuse

if Wan Azmi sell now , he sell at loss money

goldenluck16

1,956 posts

Posted by goldenluck16 > 2021-05-19 15:10 | Report Abuse

Buy time.

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