Posted by wonder > 2014-10-28 14:01 | Report Abuse

Given the emergence of Tee from Oxley in the deal and the highlight of property development in the latest company's focus, Beverly Heights injection is the most likely event. For the fat cake issue, might not be the case as they have to fork out money for compensation to the current house owner there and also the land clearing expenses before Oxley takeover the execution of the project.

Posted by WellHunf > 2014-10-28 16:35 | Report Abuse

Yes I believe all your facts and points here. Reason being, they are currently valuations Penang land and property and its upward.

Posted by bonescythe > 2014-10-29 01:39 | Report Abuse

Put it this way.

Beverly Heights Properties bought the land from the owner for a sum of money.

Now Euro buy Beverly Heights Properties into the group, of course, rationally thinking, it will not come for free, they should be some payment for the current owner of Beverly Heights Properties, which is the Tong's brother.

How will it be done? Euro had to raise fund.
Easiest way to raise fund will be
1. Private placement
2. Rights issues

So they are leveraging the public effort to buy the land into Euro, not inject into Euro for free. In the end, they still get back equal or more from what they had paid to the previous owner for that 30 acres of land.

Now understand?

After all, these are all my assumption from studies, so I don't want to guarantee how things will happen next. You want to see the show, you can buy yourself a ticket to see.

Posted by bonescythe > 2014-10-29 01:45 | Report Abuse

And I had to tell you that the piece of land had ballooned into a huge value because of STP 1 land reclamation, boosting up the land prices there by many folds. This is a real bonus for the Tong's brother. On what price it will get injected into Euro, this is up to the director decision. But that land itself, if you don't want to see it worth RM 1billion in valuation of RM700 per square feet, take RM 350 per square feet also will ring at RM 450million.

Posted by WellHunf > 2014-10-29 07:55 | Report Abuse

Ah Bonie chin sui. Like that talk ppl can understand. If private placement the price will be better than rights issue. Rights to share holder and private placement to larger investor. Correct Ah Bones?

Posted by axis > 2014-10-29 09:47 | Report Abuse

The steady upward movement in Euro share prices in the past 2 months or so has confirmed certain speculations. While these price movements inched slowly to new high of 0.70 cents plus and finding solid support over the past 2 trading days, there is certainly a high possibility of exponential climb in the coming weeks IF some of these speculative events were to happen. As the new mgmt. team takes shape, we can expect positive corporate news from Euro..

Posted by choop818 > 2014-10-29 09:56 | Report Abuse

Maybe I'm too sceptical. There is no reason for the major shareholders to want to inject their crown jewel into Euro. I wouldn't, if I own only 33% of the company. With private placement (to a friendly party) or rights, I'll still own 33%.

Posted by Zai Zai > 2014-10-29 11:09 | Report Abuse

http://imageshack.com/a/img904/5724/qToUNk.jpg

Posted by WellHunf > 2014-10-29 11:26 | Report Abuse

They may inject asset partially and partially use private placement if they believe the land is valuable enough

Posted by Anna Wu > 2014-10-29 13:29 | Report Abuse

Choop818 thats why you cant earn big money...youre not thinking big...try to figure out yourself

Posted by wm1818 > 2014-10-29 13:55 | Report Abuse

There are many IFs and BUTs put forward by some.. Until Euro announced anything, all are mere speculations.. so trade at your own risk!

Posted by choop818 > 2014-10-29 15:26 | Report Abuse

Sorry if I have stepped on a few toes. No offence to anyone. It's just that I like to count my chickens when they hatch.

Posted by Anna Wu > 2014-10-29 15:43 | Report Abuse

Wm1818 my name is Tong Wai Keit...now take that

Posted by bonescythe > 2014-10-29 23:06 | Report Abuse

If you have chance to see how directors/shareholder/insider do corporate exercise, then you will know how they play the game.

Of course, I didn't born out knowing how the corporate game is being played, but thanks to a Dato which I met and knew, then I know how corporate game goes and is almost the same.

Anyhow.. You got the rights to believe or not believe. Is my sharing only, and treat it as reference, not a indication for you to decide anything, because here got alot of people with the surname "Lai"...

Later Lai 3 Lai 4, Lai si Lai dei

Posted by hackathon > 2014-10-30 18:25 | Report Abuse

No signs of slowing down although it's T+3.. certainly a very good sign!!

Posted by RockyB8 > 2014-11-04 09:16 | Report Abuse

What happen? Where is Bones?

Posted by giorgio > 2014-11-04 14:44 | Report Abuse

soon those who bought PJdev will sell and come in to buy Euro

Posted by RockyB8 > 2014-11-05 12:28 | Report Abuse

How you know?

Posted by scott > 2014-11-05 19:57 | Report Abuse

strong support at 0.690 .. hopefully it will break 0.745 by this week ..

Posted by Binggo > 2014-11-07 20:44 | Report Abuse

Game over

Posted by fhis > 2014-11-10 15:43 | Report Abuse

I think Euro might come again very soon, holding on pretty well for the next wave up...just monitor closely... my humble 2 cents opinion..

Posted by john95 > 2014-11-13 18:54 | Report Abuse

Why still go down

Posted by john95 > 2014-11-13 18:55 | Report Abuse

How can get the target price for 1.00

Posted by Fatso8 > 2014-11-16 00:40 | Report Abuse

On my radar with current drop

Posted by Fatso8 > 2014-11-16 19:56 | Report Abuse

Going thru Bones write up to get inspiration.

Posted by john95 > 2014-11-17 14:43 | Report Abuse

Up..up..up later

Posted by john95 > 2014-11-21 22:39 | Report Abuse

When go up the price,Bones?

Posted by James > 2014-11-24 12:56 | Report Abuse

fly~

Posted by Anna Wu > 2014-11-28 09:25 | Report Abuse

Euro will be up till 0.76-0.80 next week....buy anything under 0.69...those who dont believe...pls queue below .69...i will buy it all

Posted by john95 > 2014-11-28 10:18 | Report Abuse

Yes,i believe

Posted by wm1818 > 2014-11-28 15:47 | Report Abuse

another bs con job remarks after a long time

Posted by john95 > 2014-12-02 10:17 | Report Abuse

Up later

Posted by wonder > 2014-12-02 17:11 | Report Abuse

o o ta ta yo

Posted by Anna Wu > 2014-12-04 12:32 | Report Abuse

Development project in Cheras 5ha land approved...announcement coming soon

Posted by wm1818 > 2014-12-04 13:47 | Report Abuse

aiya, this one old news ler..it has already been approved since end Qtr 1 this year and its only 200++ units on a slightly over net 3 acre land lar..not going to send shockwaves in the price!!

Posted by wm1818 > 2014-12-04 13:49 | Report Abuse

anymore concrete real news??

Posted by Anna Wu > 2014-12-04 14:36 | Report Abuse

Wm1818...this new plan is approved to build extra 30 floors

Posted by one688easy > 2014-12-05 20:53 | Report Abuse

solid gold

Posted by wonder > 2014-12-09 12:08 | Report Abuse

Anna, whats next for Euro? Asset injection anytime?

Posted by Anna Wu > 2014-12-09 14:08 | Report Abuse

Wonder, something going on in the background. Expect some news on the last week of Dec.

Wont be much volume movement for now.

Posted by john95 > 2014-12-11 21:44 | Report Abuse

Asset injection coming soon!

Posted by gohlai > 2014-12-11 21:49 |

Post removed.Why?

Posted by Anna Wu > 2014-12-12 11:15 | Report Abuse

Annoucement will be made on Monday...looks like someone is buying up the Q

Posted by john95 > 2014-12-12 11:29 | Report Abuse

Ya

Posted by planner > 2014-12-15 17:18 | Report Abuse

KO. Bo kang tao

Posted by john95 > 2014-12-16 12:56 | Report Abuse

Annoucement will come later!

Posted by john95 > 2014-12-19 10:40 | Report Abuse

Come!come!come!

Posted by win1 > 2014-12-30 19:31 | Report Abuse

Will shoot to 0.85

Posted by Zai Zai > 2015-02-02 12:23 | Report Abuse

The property division saw much progress in its efforts to obtaining the necessary approvals from the relevant authorities on its residential development project in Mukim Cheras, Kuala Lumpur. Barring any unforeseen circumstances, the Group expects to launch its maiden development project in the first half of 2015.

Posted by Zai Zai > 2015-03-09 17:00 | Report Abuse

The property division will be on track to launch its first residential project in Mukim Cheras, Kuala Lumpur in the first half of 2015 as it had obtained the
development order from the relevant authorities. With this, the Group hopes to expand its revenue base and reduce its sole reliance on the existing furniture manufacturing and trading.