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

pathew

2,028 posts

Posted by pathew > 2013-08-05 22:19 | Report Abuse

Thanks matrix for the update... Will check it out...

matrixcool

1,307 posts

Posted by matrixcool > 2013-08-05 22:46 | Report Abuse

Pathew, If E&O can break above its pivot point of $2.10..I am confident it can really Rally..

pathew

2,028 posts

Posted by pathew > 2013-08-05 23:04 | Report Abuse

But I doubt it can do so before raya... Maybe after raya we will see the push

matrixcool

1,307 posts

Posted by matrixcool > 2013-08-06 18:27 | Report Abuse

Pathew, enjoy your Raya holiday..
I will be away for 2 weeks too..

pathew

2,028 posts

Posted by pathew > 2013-08-06 18:38 | Report Abuse

matrix, enjoy your raya break! we'll watch E&O for you... hehe

matrixcool

1,307 posts

Posted by matrixcool > 2013-08-06 18:41 | Report Abuse

pathew...Tq Tq...
I collected some today at $2.02..
I do not have the times to wait for the breakout so buy some first lah...

Metta

516 posts

Posted by Metta > 2013-08-06 20:49 | Report Abuse

Hi Bro Matrix, now no worry lol can enjoy ur holidays ! Bro Pat will jaga E&O for you.

By d way Bro Pat hv u heard from Bro FD n Iwalk lately ? Quiet aar..since Bro Russ commentary on Tropicana.

pathew

2,028 posts

Posted by pathew > 2013-08-06 20:59 | Report Abuse

Matrix, sure make money... We know what's going on...
Just a matter of time...

Metta, no news from them either... Maybe busy or on leave?

lwalk

1,144 posts

Posted by lwalk > 2013-08-06 23:05 | Report Abuse

hello guys, still here. just patiently waiting for the big volume and wave.. reaching to our shores soon...

pathew

2,028 posts

Posted by pathew > 2013-08-07 11:25 | Report Abuse

quiet day, E&O price is creeping up... good thing it's closed the next few days to cushion the red sea onslaught regionally

matrixcool

1,307 posts

Posted by matrixcool > 2013-08-07 21:32 | Report Abuse

Dear Pathew, do llok at the 2 signals i mentioned yesterday...
"The first sign of break out is surge of volumes and pass above $2.07. Confirm breakout if break above $2.10. "...
Selamat Hari Raya...
Oh ya..If it did breakout when i am away please monitor these levels:
Immediate Resistants at $2.23, next resistant @ $2.30 and the Target price @ $2.46 based on my calculation...
Happy Trading...

Metta

516 posts

Posted by Metta > 2013-08-07 21:55 | Report Abuse

Hi Bro Matrix , thanks so much for your refresher course. So sweet of you still taking care of us before going off. No worry u hv gud students ! All lessons taught hv been registered perfectly...hahaha

Guess u r all packed n ready to go 2molo ya... Have a safe n blessed trip.

Ya lor Bro Pat, luckily mkt only trade 1/2 day n off d next few days. Otherwise sure Kena Red attack ! Bro Matrix n Bro Pat , think Monday open how ? If regional stil red next few days think going b bad ar..?

Happy Holiday N Stay Healthy !!!

pathew

2,028 posts

Posted by pathew > 2013-08-07 23:52 | Report Abuse

Thanks again matrix, surge in volume and cross 2.07, got it.
Will watch out on Monday... Although I would think it'll be thin trade as ppl are still on leave and sentiments are not that rosy

lwalk

1,144 posts

Posted by lwalk > 2013-08-12 10:01 | Report Abuse

dont miss the boat! :D

pathew

2,028 posts

Posted by pathew > 2013-08-12 10:02 | Report Abuse

bingo, matrix requirements met :)

lwalk

1,144 posts

Posted by lwalk > 2013-08-12 10:04 | Report Abuse

morning pat! just need one more figure to breakout :)

Metta

516 posts

Posted by Metta > 2013-08-12 11:02 | Report Abuse

Morning Bro Pat & Iwalk , volume still tak da lah..

garyyoupe

42 posts

Posted by garyyoupe > 2013-08-12 12:38 | Report Abuse

Russ mate, looks like someone started ushering the price at 9.15 this morning. They were using buy with receiver at 2 cents.

pathew

2,028 posts

Posted by pathew > 2013-08-12 12:43 | Report Abuse

metta, no volume? Today's volume already exceed last 4 trading day's volume and will likely exceed the avg 4 weeks volume of 1.7m per day

Russ

228 posts

Posted by Russ > 2013-08-12 12:45 | Report Abuse

YEAP mate. Won't hold now that seller are coming in thick. Have to see after lunch. Otherwise costly with high volume queue to do that.

garyyoupe

42 posts

Posted by garyyoupe > 2013-08-12 12:49 | Report Abuse

JK thinks its after report to announce, what does TL think?

Russ

228 posts

Posted by Russ > 2013-08-12 12:54 | Report Abuse

Not sure..........didn't hear from him on exact but the highway and bypass heard all approved by state Govt. Central bypass and north east ........the latter would have it straight to reclaim area. I don't think start date is confirm though.....

Russ

228 posts

Posted by Russ > 2013-08-12 13:03 | Report Abuse

This is big to support the infra in island......and indirectly support the moving forward. It should be fast but I believe is the perogative of EnO at this point to time it. Take note of the median line as the cross at the low in file earlier should cross judging at close today.

garyyoupe

42 posts

Posted by garyyoupe > 2013-08-12 13:12 | Report Abuse

You still around the whole week?
I will be excited to see after lunch queue.......it's now pass 200k volume selling at each level. I too see it will be tough to usher at this volume unless buyer backs down which I doubt. No news ......really good news ....:)

Russ

228 posts

Posted by Russ > 2013-08-12 13:25 | Report Abuse

Hesitating whether to go Penang with the current situation..........I will be off after tomorrow.

garyyoupe

42 posts

Posted by garyyoupe > 2013-08-12 13:30 | Report Abuse

Have a good break..

pathew

2,028 posts

Posted by pathew > 2013-08-12 14:05 | Report Abuse

hey russ, long time no see... you'll be off till when

lwalk

1,144 posts

Posted by lwalk > 2013-08-12 16:55 | Report Abuse

up 4 sen today, still not too bad.

Posted by Alex Lee > 2013-08-12 17:05 | Report Abuse

Take over bid soon......

Grandma

259 posts

Posted by Grandma > 2013-08-12 23:51 | Report Abuse

Expecting earning result this Friday . Grandma note, this time is early.

cheeseburger

2,870 posts

Posted by cheeseburger > 2013-08-13 06:39 | Report Abuse

Early bird got the worm.

Russ

228 posts

Posted by Russ > 2013-08-13 09:20 | Report Abuse

Can still move as long as selling volume in queue still low......

Russ

228 posts

Posted by Russ > 2013-08-13 09:21 | Report Abuse

It's quite clear all the way to 2.16

lwalk

1,144 posts

Posted by lwalk > 2013-08-13 09:54 | Report Abuse

nice article. sell q still thick today.. hmmmm

lwalk

1,144 posts

Posted by lwalk > 2013-08-13 10:06 | Report Abuse

q moving up ;)

Russ

228 posts

Posted by Russ > 2013-08-13 10:10 | Report Abuse

No intent on volume here....easy to pass

pathew

2,028 posts

Posted by pathew > 2013-08-13 10:16 | Report Abuse

2.15 big block as per the queue now...

Russ

228 posts

Posted by Russ > 2013-08-13 10:23 | Report Abuse

Those are trader or contra players

cheeseburger

2,870 posts

Posted by cheeseburger > 2013-08-13 11:02 | Report Abuse

Sime Darby Bhd is currently the company’s single largest shareholder, holding 32% equity interest in E&O. Sime Darby first bought a 30% stake in E&O in September 2011.

Meanwhile, HwangDBS Research said in its report that E&O is expected to embark on aggressive landbanking in Kuala Lumpur, Johor and overseas on top of the STP 2 reclamation project.

“These could raise net gearing to as high as 100% from 35% currently, but can be managed via JVs (joint ventures) and potential equity fund-raising,” HwangDBS Research highlighted.

Both RHB Research and HwangDBS Research maintained their “buy” call on the counter with RHB Research targeting a fair value of RM3 a share and HwangDBS RM2.90.



-The Edge, 13 Aug

Russ

228 posts

Posted by Russ > 2013-08-13 11:57 | Report Abuse

Gary, site back up .......

cheeseburger

2,870 posts

Posted by cheeseburger > 2013-08-13 16:00 | Report Abuse

Break through...

Grandma

259 posts

Posted by Grandma > 2013-08-13 16:47 | Report Abuse

Good call on 2.16. Grandma thinks should peak on Thursday. Should have selling on Friday?

Posted by hwtbesthwt17 > 2013-08-13 19:51 | Report Abuse

^^ fly ba fly ba

cheeseburger

2,870 posts

Posted by cheeseburger > 2013-08-14 10:18 | Report Abuse

$2.20 on sight.

skelict

173 posts

Posted by skelict > 2013-08-14 10:24 | Report Abuse

no chance for me to collect, continuous uptrend for a week,

pathew

2,028 posts

Posted by pathew > 2013-08-14 14:23 | Report Abuse

hehehe... no looking back

redbull88

148 posts

Posted by redbull88 > 2013-08-14 15:33 | Report Abuse

engine starting to warm up before F1 to 3

cheeseburger

2,870 posts

Posted by cheeseburger > 2013-08-14 15:33 | Report Abuse

Will hold till verdict...

redbull88

148 posts

Posted by redbull88 > 2013-08-14 15:51 | Report Abuse

here it goes.....bit by bit

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