Posted by lwalk > 2013-08-14 15:59 | Report Abuse

TP: 3.00 and 2.90 (13 Aug analyst TP's)

Posted by pathew > 2013-08-15 09:13 | Report Abuse

slow and steady... no need to rush like others :)

Posted by cheeseburger > 2013-08-15 09:52 | Report Abuse

Sime Darby will have big plan...

Posted by cheeseburger > 2013-08-15 09:55 | Report Abuse

E&O a potential take over target--- RHB

TP: $2.60

http://www.theedgemalaysia.com/business-news/249902-e-a-o-a-potential-takeover-target-says-rhb-research-.html

the edge - 15 Aug

Posted by pathew > 2013-08-15 09:59 | Report Abuse

MGO from Sime? that's so last year's news... what's pushing it up is not MGO now, it's something else

Posted by cheeseburger > 2013-08-15 10:02 | Report Abuse

pathew - is today news, not last year...

Posted by cheeseburger > 2013-08-15 10:04 | Report Abuse

Another report

http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/249895-eaos-flagship-project-set-to-take-off.html

TP : $2.48

The Edge Finance - 15 Aug

Posted by pathew > 2013-08-15 10:13 | Report Abuse

cheeseburger, I mean this news we all know already... they just reiterating it...

Posted by Marctung > 2013-08-15 12:20 | Report Abuse

sime accumulating...

Posted by cheeseburger > 2013-08-15 12:24 | Report Abuse

old news goreng again lo. Anyway the GO price last time cannot use again now, land valuation raise, new project launch stp2...E&O worth more today.

Posted by kelvinongbk > 2013-08-15 15:41 | Report Abuse

if Sime take offer..what do you think would be the offer price?

Posted by Grandma > 2013-08-15 19:38 | Report Abuse

This is too high already. Grandma will wait before buying more. All signal are in high red. 35% disc fr RNAV is 2.60 add back it is 3.50. Value wise still below but the stretch may take longer to reach. This time, Grandma think it will be less than 60% premium if a MGO happens compared to the first buy of 30% bloc at that premium. Reason being no new expected sizable projects after STP2 though the GDV is 12B.

Posted by Grandma > 2013-08-15 19:41 | Report Abuse

The above comment is base on current standing. Grandma advice buyers to wait for in between news to go in.

Posted by cheeseburger > 2013-08-15 23:43 | Report Abuse

Not sure where you get the GDV value but the stp2 estimation of GDV of the project is at RM25B to RM30B.
There is timeline to get all approval in terms of detailed environment impact assessment, traffic impact assessment. By then, it would be a little late to start accumulating as all coming newsflow on stp2 may excite the share price few months down the road.

Posted by Grandma > 2013-08-15 23:55 | Report Abuse

Cheeseburger, STP2 has been in talks since 2011 and approved since 2012. Grandma is puzzle where u are getting your info from and not to mention 25 to 30 Billion?? Firstly check your facts first young man. Find out also reclaiming land and period it need to settle the reclaim before any activity can proceed. Once you find that out, also check % allocated to state govt. After which only you will understand the period required to start the selling and billing and approx project with Retail, commercial, minus out also allocation to state.

Posted by penunggu > 2013-08-16 00:24 | Report Abuse

Wah, mid night doing secret messaging. Getting interesting wor this forum :)

Posted by Grandma > 2013-08-16 00:27 | Report Abuse

Sensible....thank you young man.

Posted by Grandma > 2013-08-16 10:47 | Report Abuse

Cheeseburger, price drop today. Grandma already said it will happen today. Btw there is no detailed assessment as you claim. Its just an assessment. A detailed assessment can take up to 3 year before for anything can start.

Cheeseburger
Stock: [E&O]: EASTERN & ORIENTAL BHD Aug 15, 2013 11:43 PM | Report Abuse Not sure where you get the GDV value but the stp2 estimation of GDV of the project is at RM25B to RM30B. There is timeline to get all approval in terms of detailed environment impact assessment, traffic impact assessment. By then, it would be a little late to start accumulating as all coming newsflow on stp2 may excite the share price few months down the road.

Posted by lwalk > 2013-08-16 11:13 | Report Abuse

still strong. eager for quarterly report results :)

Posted by FattyDragon > 2013-08-16 11:43 | Report Abuse

Iwalk, I think Grandma is ref to her own comment below



Grandma Good call on 2.16. Grandma thinks should peak on Thursday. Should have selling on Friday?
13/08/2013 16:47

Posted by lwalk > 2013-08-16 13:29 | Report Abuse

yup, i know. read that :)

Posted by Grandma > 2013-08-16 16:11 | Report Abuse

Grandma happy to get in more at 2.19. This batch will be short for grandma.

Posted by cheeseburger > 2013-08-16 17:01 | Report Abuse

Grandma, by end of today price of E&O is up +$0.04.
Every stock will have up and down at time of trading...i dont understand what you are trying to say is dropping.

If you read from the edge finance:
...E&O indicates it would take 60 to 90 days for the DEIA (Detailed Environment Impact Assessment) to be wrapped up and it also hoped to conclude the traffic impact assessment (TIA) at the same time.
This means by end-November, E&O could have all the approvals in place to start reclaimation work on STP2. If so, this would hugely positive for E&O as we estimate the gross development value for the project at a massive RM25 billion to RM30 billion.

http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/249895-eaos-flagship-project-set-to-take-off.html

Pls check your facts also Grandma.

Grandma
Stock: [E&O]: EASTERN & ORIENTAL BHD

Aug 16, 2013 10:47 AM | Report Abuse

Cheeseburger, price drop today. Grandma already said it will happen today. Btw there is no detailed assessment as you claim. Its just an assessment. A detailed assessment can take up to 3 year before for anything can start.

Posted by cheeseburger > 2013-08-16 17:04 | Report Abuse

And do not post such thing as "Price drop today" at time 10:47am, is too early Grandma. Be patient like a young man pls...

Posted by tonyliu88 > 2013-08-16 17:08 | Report Abuse

Thanks for joining us this excellence party.
tq Malaysian investor.
Terima Kasih...!!!
tonyliupar
tonyliu88
Cheers..our forum friends!!!

Posted by cheeseburger > 2013-08-16 17:35 | Report Abuse

Actually i think today is not a good time to go in. This stock already up consecutively 8 trading days. Adjustment would be around the corner probably next week (just my own prediction, i may be wrong)...further on external factor the next scheduled FOMC meeting Sept. 17-18, this may more or less affect the market sentiment and those foreign buyers.

Posted by Grandma > 2013-08-16 17:45 | Report Abuse

Cheeseburger, you are reading a script from Cimb Research. Pls also read RHB research which states 18 to 20 Billion. But most of all read the actual coming fr Eric Chan and also find out the 20% request fr State Govt but 10% has been allocated.
Taking exactly fr the script Grandma notice 12 weeks required actually is EIA (reported by CIMB Reserach) because a true DEIA will include EEA, EPA, EAA, EIA etc. will not be 12 weeks. what they really want to say is EIA. You will also require at least 2 years before any launch and launch to development is another timeline.

While you read at very top end of a report, Grandma advice you to check base on each item and not jump before E&O conclude the actual fr the RM 12 Billion announce by them earlier. Once you have done all that find out what what is the new escalation of price due to. If your answer is STP2, you have not read enough reports.

Posted by FattyDragon > 2013-08-17 16:37 | Report Abuse

Cheeseburger, you ask forumer to accumulate but say its not a good time yesterday. What price do you suggest and at what point? From Grandma's point I can see its short term for this batch. Right Grandma? If it hits 2.29 Grandma will make 1k per 10 ful lots.
Grandma, are u using margin facilities yourself ?

Posted by pathew > 2013-08-19 12:41 | Report Abuse

please consolidate at this range... before moving up to the next lvl :)

Posted by cheeseburger > 2013-08-20 16:44 | Report Abuse

just bought some... 2.07

Posted by YiStock > 2013-08-20 18:38 | Report Abuse

For dividend lover, good dividend is on the way...

Posted by yazid7655 > 2013-08-21 10:52 | Report Abuse

nowdays RM2... from RM1.45...hahahaha.... the best...

Posted by kelvinongbk > 2013-08-21 10:58 | Report Abuse

u think Sime is continuing purchasing this share?

Posted by cheeseburger > 2013-08-21 12:57 | Report Abuse

wait and see.

Posted by kelvinongbk > 2013-08-21 13:37 | Report Abuse

when is the 2nd quarter result coming out?

Posted by FattyDragon > 2013-08-21 17:12 | Report Abuse

Lol....

Posted by cheeseburger > 2013-08-22 09:58 | Report Abuse

shopping time

Posted by Grandma > 2013-08-22 15:35 | Report Abuse

It's strange the behavior of the market seem to suggest the tapering is meant at removing the "policy oif easy money" altogether however in reality it will be in stages. Now what it also means in that statement is longer term monitoring and sustainence in our market because the changes with be felt on emerging market first. As we sit on that boundary of emerging market, we have seen this before. So the real question Grandma feel is what is the proportion this time.
So the next best step is to check who are the funds buying into your counter. BNY, Dimension fund, etc.
the bigger the % caution need to be taken.

Posted by Grandma > 2013-08-22 16:05 | Report Abuse

In EnO it's foreign investor is Dimensional Fund from US. This fund is in most PD. may not be a big concern as the % can easily be absorb by Sime.

Posted by Grandma > 2013-08-22 16:20 | Report Abuse

The date has been change to tomorrow for the announcement of the report.

Posted by Grandma > 2013-08-22 16:23 | Report Abuse

Iwalk, GDP not really a big deal. The concern as Grandma can see is the sudden pull back by especially foreign buy in investors. However it cannot be done abruptly as they will also need to monitor the improvement first.

Posted by lwalk > 2013-08-22 16:40 | Report Abuse

suddenly market seems to hv abit of light.. and e&O has turned green..

Posted by cheeseburger > 2013-08-22 17:11 | Report Abuse

wait and see...

Posted by Red Horse > 2013-08-22 17:17 | Report Abuse

Q result will be out on 26 Aug (Monday).

Posted by cheeseburger > 2013-08-26 07:59 | Report Abuse

read this:
GEORGE TOWN: The second phase of the Seri Tanjung Pinang (STP) development project, which has a gross development value (GDV) of RM25bil, is expected to generate RM9.75bil worth of construction and renovation jobs for the local construction industry

http://www.thestar.com.my/Business/Business-News/2013/08/26/Boon-from-EO-projects.aspx

26-Aug

Posted by cheeseburger > 2013-08-26 07:59 | Report Abuse

GDV RM25bil.

Posted by YiStock > 2013-08-26 08:28 | Report Abuse

Mixed news...hold tight!

Posted by FattyDragon > 2013-08-26 09:19 | Report Abuse

Hahahaha another one on EnO .......I agree with Grandma's missing comment. Lets hope the valuation tops the mark after the important infrastructure is announced. Btw I found out that 110 acres (net) is confirm state Govt. Also That PSB may be delayed pass possibly a mth after the date you mention. If so this may create more excitement.

Posted by tim_un > 2013-08-26 15:46 | Report Abuse

so...can enter not?

Posted by cheeseburger > 2013-08-26 21:55 | Report Abuse

i wait..