EASTERN & ORIENTAL BHD

KLSE (MYR): E&O (3417)

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Last Price

0.93

Today's Change

+0.005 (0.54%)

Day's Change

0.92 - 0.93

Trading Volume

643,700


18 people like this.

9,798 comment(s). Last comment by arcadicus 1 week ago

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 10:13 | Report Abuse

I should say if it does increase despite some announcement you have got your answer!

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 10:18 | Report Abuse

thanks for the answer. In principle you are right... what I am trying to clarify to you is that bar all the evaluation how much E&O worth and whether it is by law that after 6 months, SIME do not need to comply to the MGO 2.30 price. I know that. BUT...when coming to jurisdicial review, it all boils down to is the acquisition done in a right way or not...the result is a YES OR NOT. IF YES, SIME will have to comply to the 2.30 MGO price for the rest of the minority. It is that simple.

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 10:19 | Report Abuse

this is a syndicate counter...what happen to the share price between now and the announcement is all highly speculative but ONLY the insider knows

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 10:27 | Report Abuse

Precisely, that is why we here do not want ppl to buy in base on FALSE Insider news.......note this is different fr rumors, with false insider news, the benefactor is the one creating this news.....if it doesn't happen, everyone dies except him.....see the diff with rumors

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 10:29 | Report Abuse

it is always grey area between news and rumours...trust your feeling... there are things we cannot make it OBVIOUS..

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 10:30 | Report Abuse

The last was 650 million shares changing hand when it was reported on Malaysia insider......did it benefit you ? The general public was the last to know the announcement was wrong but the one sending out the new has alredi benefited .....BIG....just count 650 million and if majority is done by the ONE

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 10:31 | Report Abuse

trust me..it is not The ONE...is the GROUP

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 10:33 | Report Abuse

So now look closely if the 8 Nov is to hold true....look at the volume and price this 3 days.....the feel is there is volume but no confident buyer ....you can see fr the share price everyday up in the morning down in the evening.....

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 10:36 | Report Abuse

confident buyer or not is also affected by fundamentals..This is not about just KLSE....I believe fundamentals rules

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 10:44 | Report Abuse

This is only 1 chance and FA won't hold the price for you. Take it fr Batman, the price for EO won't stay long if no further development......if it goes 159, 1.58....it will drop to 1.45

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 10:47 | Report Abuse

Those who have been long in this counter know this is the 5 to 6 time, Terry tham has been rumored wanting to sell his shares for years and it is happening down with his par down. Apart fr GO or NO GO Terry Tham is instrumental in ensuring the share price and confidence.....

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 10:50 | Report Abuse

I respect batman view. but I am strongly holding my 'believe' too. I am not asking people to follow me. Follow your instinct and feeling... things will come like a thieves in the night

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 10:51 | Report Abuse

again contra player stay away

passerby

2,877 posts

Posted by passerby > 2012-11-05 11:08 | Report Abuse

diablo88: very confident on your analysis & views, salute. Got some questions to ask you, hope it is not too sensitive ?

1) looking at your postings, looks like you have some experience knowing how the corporate legal team works. Normally how long does a legal case like this conclude ? what will be the estimated time frame base on your historical references, if any ?

2) under what conditions that the legal suit by the minority shareholder vs SC become void ? - is it possible for the case to become void if the E&O move above 2.30 before the juridical review conclude ?

3) did you attend all the court proceedings for the current case by the minority shareholder vs SC ?

passerby

2,877 posts

Posted by passerby > 2012-11-05 11:13 | Report Abuse

tommylou: diablo88 doesn't look like link to tonyliupar from today postings

in fact, he is more professional, no matter how you provoke him, not a single P&C information coming out from his mouth

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 11:15 | Report Abuse

the price will DEFINITELY not go beyond 2.30 before announcement! The rest I will not comment.

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 11:18 | Report Abuse

for those who don't have the strong heart, I urge you to stay away and perhaps look at some other more value property stock like HUAYANG.

passerby

2,877 posts

Posted by passerby > 2012-11-05 11:18 | Report Abuse

ok, understand your constraints :)

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 14:12 | Report Abuse

:) !!!!!

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 15:11 | Report Abuse

tommylou, do you believe me if I tell you sometime due to 'face' and ego, people will do stupid things. Things that you may not thought of and might apply in E&O :)

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:12 | Report Abuse

Such as?

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 15:13 | Report Abuse

hello!!! that's all I can tell ok

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:15 | Report Abuse

Well not my face definitely...

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 15:16 | Report Abuse

of course is not your face...who cares about your face dude :)

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:16 | Report Abuse

Or what face off or face2 face....hehe

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:18 | Report Abuse

If face off...I am coming to get you if this counter screws up :)

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:19 | Report Abuse

But then again

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:20 | Report Abuse

Passerby, what's your call?

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:20 | Report Abuse

I think everyone is spook that there might b n announcement by PM

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:24 | Report Abuse

Blue Chips all out alredi......left pennies

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 15:24 | Report Abuse

that will be next yr

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:24 | Report Abuse

That me .....

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:27 | Report Abuse

As expected....will b a slow day.....

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:28 | Report Abuse

May end very strong if boil over at 430

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 15:29 | Report Abuse

go have a coffee and come back :)

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:31 | Report Abuse

No news, nobody want to buy higher than 165.....confidence!
If DoubleBLOW accidentally key in 1.67 for 5000shrs, a rally may happen early!

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:32 | Report Abuse

I am having coffee by the beach....

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:33 | Report Abuse

The scene of being stuck at 165 is like everyone holding a gun up at everyone else. Just need one person to shoot his gun, and he'll will break loose

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 15:33 | Report Abuse

hahaha...that's correct too but what if I accidentally key in 1.73

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 15:34 | Report Abuse

you have the best life dude

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:35 | Report Abuse

Brader.....key in buy at 173 not sell......

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:36 | Report Abuse

Tell u the truth....too much of good things is bad...

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:37 | Report Abuse

Don't envy, don't trust......just observed

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 15:37 | Report Abuse

it will not go wrong..every single buy or sell stroke is password protected

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:38 | Report Abuse

Fireworks may breakout......too much tension here......really I see a Mexican stand off

passerby

2,877 posts

Posted by passerby > 2012-11-05 15:39 | Report Abuse

I'm still in

Sime rank 2nd after Maybank in the index related counter.

Whatever footsteps Sime is doing now will be used as the benchmark by other. Imagine if acquiring 30% of company shares by gaining control of the company without offering any MGO is the "correct steps". If other mid-cap & small-cap counters start to follow the footstep , what kind of image is Bursa or SC is trying to tell to the foreign investors?

"You all shall go away as we have lousy corporate governance here, go to Singapore, Thailand, Indonesia or Philipine , don't come to M'sia ?"

still in with small amount for speculation - i'm small fly only, won't any movement to price movement :)

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:39 | Report Abuse

All I need is just that someone to stop defending at 165 when the shoot out start.....

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:42 | Report Abuse

I have my coffee on my right and my beer on the left.....that's how intensive this is coming along.....u feel?

tommylou

1,918 posts

Posted by tommylou > 2012-11-05 15:43 | Report Abuse

Maybe for my buddy....I should say....you dig it?

diablo88

1,215 posts

Posted by diablo88 > 2012-11-05 15:43 | Report Abuse

I thought you sold everything already? :)

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