ORIENTAL HOLDINGS BHD

KLSE (MYR): ORIENT (4006)

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Last Price

7.00

Today's Change

-0.14 (1.96%)

Day's Change

6.98 - 7.14

Trading Volume

567,500


3 people like this.

689 comment(s). Last comment by kk7198 58 minutes ago

hw0706

837 posts

Posted by hw0706 > 2023-11-26 06:00 | Report Abuse

oil palm division is due to replanting for indonesia

hw0706

837 posts

Posted by hw0706 > 2023-11-26 06:07 | Report Abuse

with the FFB remain low at below rm650.00 / cpo is at RM3,700....

Posted by snowball2000 > 2023-11-28 08:54 | Report Abuse

Should we be expecting lower net profit?

Posted by lionel messi > 2024-01-22 09:37 | Report Abuse

The better question is should we be expecting bigger dividend?

stockraider

31,556 posts

Posted by stockraider > 2024-01-23 08:21 | Report Abuse

Those investing in Oriental cannot go wrong loh!

The profits & div is good mah!

Posted by lionel messi > 2024-02-02 15:48 | Report Abuse

Really? Cool. Grab some for yourself too stockraider.

ykloh

518 posts

Posted by ykloh > 2024-02-13 16:19 | Report Abuse

OHB management strength is in motor business. It is seeking growth in property and hotel sectors where its expertise is unknown.

geary

6,385 posts

Posted by geary > 2024-02-14 20:54 | Report Abuse

ORIENT...Should be around...@8.00...If Mr. Market is rational...added/hold...🤓
5 days ago
🙏...Price Weakness<@6.00...can add more ..🤓

sugerdad

93 posts

Posted by sugerdad > 2024-02-29 13:22 | Report Abuse

epf 还有6%。
不到它要卖到什么时候

Posted by alankan8 > 2024-02-29 20:36 | Report Abuse

What happen? Huge loss?

sugerdad

93 posts

Posted by sugerdad > 2024-02-29 22:27 | Report Abuse

没有股息还大亏钱。。明天不懂跌多少

Posted by Kitty Kitty > 2024-03-01 08:44 | Report Abuse

Read the quarter report and you'll understand more about the reason behind this. Overall its a corporate process of acquisition whereas most of the segments recorded growth. For the impact over the long run, it will most likely be positive.

virgogo

142 posts

Posted by virgogo > 2024-04-09 09:44 | Report Abuse

For those who are new in the market, buy this stock and keep. Very difficult to lose
your money. Fundamentally strong and rich in assets stock. Hope the restructuring of their shareholding structure will bring good news. Disclaimer is buy at your own risk

yangxi

416 posts

Posted by yangxi > 2024-04-09 09:49 | Report Abuse

2nd interim dividend soon? hehe

pang72

51,576 posts

Posted by pang72 > 2024-04-09 17:00 | Report Abuse

dompeilee

SOLD all my Orient down to ZERO today...dividend yield is going to be FAR less than '22...confident I will have another chance @ below $6 in the coming months with the economic recession coming...

2023-03-15 16:55


dompeilee

Thanks for the $3,600.49 in dividends & $1,688.28 in capital gains ...but NO THANKS for making me wait 8 years to recoup my investment!

2023-03-15 17:03


REVERSE INDICATORS SELLING FINISHED THE STOCK..
NO WONDER UP DRASTICALLY....

CONTINUE UP LOL:)

pang72

51,576 posts

Posted by pang72 > 2024-04-09 17:02 | Report Abuse

Confident below 6???
Adui!!! $10 mari lo

pang72

51,576 posts

Posted by pang72 > 2024-04-09 17:03 | Report Abuse

Nta $12 selling 50% discount at $6.70...
....really plenty of black gold waiting for us to grab

Posted by Fabien _the efficient capital allocator > 2024-04-09 17:55 | Report Abuse

Orient's RNAV easily RM15-18

Diamond7

2,376 posts

Posted by Diamond7 > 2024-04-10 10:45 | Report Abuse

Loh family reorganises its shareholding in Oriental Holdings

Diamond7

2,376 posts

Posted by Diamond7 > 2024-04-10 10:46 | Report Abuse

This article first appeared in The Edge Malaysia Weekly on April 1, 2024 - April 7, 2024

AN internal restructuring of the low-profile Oriental Holdings Bhd has paved the way for a clear structure on the ownership of the group that was founded by the late Tan Sri Loh Boon Siew.

Based on a slew of Bursa Malaysia announcements since late February, it appears that the Penang-based members of the Loh family have joined hands to put their shareholding under a new holding company called Pacific Carnival Sdn Bhd.

The new holding company replaces Boon Siew Sdn Bhd as the single-largest shareholder in Oriental Holdings.

The shares of the Loh family members who are based in Singapore and Kuala Lumpur, namely Datuk Loh Cheng Yean and Datin Loh Ean, are carved out and held separately under their respective names.

An analyst who is familiar with the group tells The Edge that the planned internal restructuring in its flagship company Oriental Holdings will see the Penang-based family members of the Loh family continuing to helm the group.

Diamond7

2,376 posts

Posted by Diamond7 > 2024-04-10 10:48 | Report Abuse

They have been running the show in the past, since Tan Sri Loh passed away. So, it is just a transition to the third generation. Notably, the heirs of Tan Sri’s two sons have inherited the bulk of the shareholding,” she says.

When Boon Siew Sdn Bhd was collectively managed by the various family members, it was unclear exactly who held major ownership of Oriental Holdings. The group held a 49.2% equity stake in it, and smaller stakes were held by several private entities.

The private entities through which the Loh family held their stake in Oriental Holdings included the Penang Yellow Bus Sdn Bhd, Bayview Hotel Sdn Bhd, Boontong Estates Sdn Bhd and Boon Siew Development Sdn Bhd.

Following the internal restructuring, Pacific Carnival emerged with a 36.74% shareholding in Oriental Holdings. The other companies ceased to be substantial shareholders.

Based on Bursa filings, the bulk of the shares in Pacific Carnival have been apportioned to the family of Loh Kar Bee (32.17%) and that of his late elder brother Kah Kheng (31.43%). Both are sons of Boon Siew, who made his fortunes from the distribution and assembling of cars and motorcycles under the Honda marque, and from the manufacturing of parts and components for the assembly plant.

The 31.43% bloc of Kah Kheng’s family is held by his daughter Loh Wei-Lyn, whose role in the family business is unclear. Kah Kheng was managing director of Oriental Holdings at the time of his demise in 1987.

Diamond7

2,376 posts

Posted by Diamond7 > 2024-04-10 10:49 | Report Abuse

Two blocks of 17.8% each in Pacific Carnival are held by companies belonging to Boon Siew’s daughters — Loh Gim Ean and Loh Phoy Yen, who is married to Datuk Seri Lim Su Tong. Gim Ean’s son, Datuk Seri Tan Hui Jing, and Lim are executive directors in Oriental Holdings.

Shirley Kathreyn Yap, who is Wei-Lyn’s mother and Kah Kheng’s widow, holds a 0.81% stake in Pacific Carnival.

The shareholding restructuring effectively shows that Boon Siew’s daughters, Loh Cheng Yean and Loh Ean, each hold an equity stake of 6.8% in Oriental Holdings. Their families are based in Singapore and Kuala Lumpur respectively.

After Boon Siew passed away in 1995, Cheng Yean, together with her brothers-in-law — Datuk Robert Wong and Lim — took over the driver’s seat at Oriental Holdings.

In 2015, Oriental Holdings executive chairman Datuk Loh Kian Chong, 47, who is Kar Bee’s son, took over as executive chairman of Oriental Holdings and led the third generation of the Loh family into managing the business. Kian Chong’s cousins, Tan Kheng Hwee, 58, and Tan Hui Jing, 43, have been executive directors since January 2015.

Kheng Hwee is the daughter of Cheng Yean; and Hui Jing is the son of Gim Ean.

The third generation was guided by Robert Wong Lum Kong, 83, and Lim, 79, who are group managing directors of Oriental Holdings

MG9231

817 posts

Posted by MG9231 > 2024-04-10 11:02 | Report Abuse

For rich family with landed and plantation properties, just let the Co auto pilot for a decades also can continues growing their wealth

iscmob

78 posts

Posted by iscmob > 2024-04-12 11:38 | Report Abuse

https://theedgemalaysia.com/node/706520

"Not on investors’ radar
Oriental Holdings is a solid company with substantial cash and strong tangible assets, some of which are undervalued, the analyst adds. “It not on the radar of investors because its shareholding structure leaves very little liquidity in the group.”

It is noteworthy that the Employees Provident Fund has been paring down its stake in Oriental Holdings since as early as December 2019, when it had a 9.9% stake. As at March 15, its stake had contracted to 5.8%.

In the past five years, Oriental Holdings paid out annual dividends per share ranging between 20 sen and 44 sen.

Its share price, which hit a year-to-date peak of RM6.47 on Feb 28, closed at RM6.34 on March 29, giving the company a market capitalisation of RM3.93 billion. Perhaps with a restructured shareholding, the third generation will be more aggressive in unlocking value within the group."

iscmob

78 posts

Posted by iscmob > 2024-04-12 11:40 | Report Abuse

https://theedgemalaysia.com/node/705759

"While the shareholding structure is clear, what remains to be seen is whether the third generation will unlock value in Oriental. The company has a healthy pile of cash, generates healthy cash flow and has land to develop.

Still, unlocking the value of the assets is taking a long time."

MG9231

817 posts

Posted by MG9231 > 2024-04-12 11:44 | Report Abuse

share price moves ahead of unlocking value of assets held

pang72

51,576 posts

Posted by pang72 > 2024-04-12 12:12 | Report Abuse

Reverse indicator old dompeilee is working very well in bursa after she ran road to Japanese

Diamond7

2,376 posts

Posted by Diamond7 > 2024-04-12 15:33 | Report Abuse

Vow!
Touch 7.20

pang72

51,576 posts

Posted by pang72 > 2024-04-13 22:38 | Report Abuse

Nta=$12. 2

pang72

51,576 posts

Posted by pang72 > 2024-04-13 22:39 | Report Abuse

Slowly up..
We got a lot time to up from $7.2 to $12.2

MG9231

817 posts

Posted by MG9231 > 2024-04-14 07:35 | Report Abuse

This one better than KSL , strong NTA to catch up and giving 5.6% dividend yield for immediate purchase!

stockraider

31,556 posts

Posted by stockraider > 2024-04-14 10:59 | Report Abuse

Stop speculating & start investing loh!
Oriental is another very good quality performance counter u should buy mah!
And it pays good div too loh!

Bullkobear

321 posts

Posted by Bullkobear > 2024-04-14 11:03 | Report Abuse

invest this counter is equivalent to buy a piece of land

stockraider

31,556 posts

Posted by stockraider > 2024-04-14 11:05 | Report Abuse

Land investment do not pay div yield of 5% to 7% pa div but Oriental pays mah!

MG9231

817 posts

Posted by MG9231 > 2024-04-14 11:24 | Report Abuse

Dividend receive can be enjoyed right now while capital gain by holding it can pass it to next generation. Best fit for estate planning

Diamond7

2,376 posts

Posted by Diamond7 > 2024-04-14 11:31 | Report Abuse

Hidden gem
Strong NTA
High dividend!

Stay patiently here for third generation to unlock its balu!

Diamond7

2,376 posts

Posted by Diamond7 > 2024-04-14 12:13 | Report Abuse

Value....typo error

Diamond7

2,376 posts

Posted by Diamond7 > 2024-04-14 15:17 | Report Abuse

End of month announced dividend
Normally 20 cents
Hopefully this round give 50 cents like Harison!

KingKKK

464 posts

Posted by KingKKK > 2024-04-15 12:32 | Report Abuse

Why Q4 2023 EPS negative 9.69 sen?

geary

6,385 posts

Posted by geary > 2024-04-19 18:53 | Report Abuse

ORIENT...Should be around...@8.20...If Mr. Market is rational...added/hold...🤓
50/200SMA. Hold!

hw0706

837 posts

Posted by hw0706 > 2024-04-21 14:30 | Report Abuse

if no selling of asset than forget it

Posted by wallstreetrookieNEW > 2024-04-23 09:35 | Report Abuse

Orient is still trading at a huge discount to its fair value of RM8.00+

Posted by wallstreetrookieNEW > 2024-04-23 09:35 | Report Abuse

Palm oil bull run to suggest further upside for Orient Holdings

Golf123

106 posts

Posted by Golf123 > 2024-04-28 02:21 | Report Abuse

Stay for long term

Diamond7

2,376 posts

Posted by Diamond7 > 2024-05-17 19:31 | Report Abuse

20 cents coming...
Hopefully later they give bonus issues!

dompeilee

11,888 posts

Posted by dompeilee > 2024-05-20 09:32 | Report Abuse

Bought back some Orient for $6.79 to claim the next dividend after missing out on the previous 2 subsequent to selling my last shares on 15/3/23. A far cry from my original 1st long position @ $8.14 in Jan '14!

Golf123

106 posts

Posted by Golf123 > 2024-05-29 07:03 | Report Abuse

1st result good 50 cents.
Buy n keep

Posted by Kitty Kitty > 2024-05-29 07:06 | Report Abuse

Never disappoints. Just hold for dividen which beats EPF rate while the appreciation continues

dompeilee

11,888 posts

Posted by dompeilee > 2024-05-30 17:04 | Report Abuse

A fairly accurate re-entry by me...missing the lowest by about 3 days. Even more accurate is last week's purchase of Tokyo-listed Shinto (新東) @ ¥1,531. It TOPS the 3,938 other listed companies in Japan by % Gain today(30 May), rising by its limit UP of ¥400 to close @ ¥1,988! In the post-market action, it's trading @ ¥2,098... Excitiiiing!!!🤑

Posted by bullvestor > 2024-06-01 02:14 | Report Abuse

Why lost money last quater?

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