EDEN INC. BHD

KLSE (MYR): EDEN (7471)

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Last Price

0.15

Today's Change

0.00 (0.00%)

Day's Change

0.15 - 0.155

Trading Volume

423,600


4 people like this.

9,625 comment(s). Last comment by Semplicita 2 months ago

Power168

165 posts

Posted by Power168 > 2020-03-12 16:52 | Report Abuse

Tomorrow down .added bullets buy till up 0.25
Fully support..

5c0160

1,763 posts

Posted by 5c0160 > 2020-03-12 20:48 | Report Abuse

The game is over.

AAAwell

1,048 posts

Posted by AAAwell > 2020-03-12 21:08 | Report Abuse

If u tel Eden game over what about oil shares and air Asia?

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 08:26 | Report Abuse

See today support level.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 08:27 | Report Abuse

Today should have major sell down by retailers

Bradtham

22 posts

Posted by Bradtham > 2020-03-13 08:33 | Report Abuse

will fall to 0.16 today?

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 08:35 | Report Abuse

Depends on how retailers aggressiveness. Time to test our heart, haha.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 08:55 | Report Abuse

Today can test at least 0.17

4Elements

147 posts

Posted by 4Elements > 2020-03-13 09:10 | Report Abuse

So many cheap counters liao. At 0.165, considered expensive.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 09:29 | Report Abuse

Today whole BURSA malaysia megal sales

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 09:30 | Report Abuse

Sometime we may hate the operator, but today at least to extent, they are helping to support the counter.

jien183

26 posts

Posted by jien183 > 2020-03-13 09:45 | Report Abuse

Loss dao see no road..

Posted by Johnlabu88 > 2020-03-13 10:01 | Report Abuse

Write a comment..get some advice. Should I hold or cut loss? I bought it at 0.27

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 10:18 | Report Abuse

Johnlabu88 Depends on how urgency your fund and whether you want to buy back later on? If you feeling not comfortable to hold, then just sell it then at least you can have good sleep. Importantly don't let investment affect your life.

zhm540

2,491 posts

Posted by zhm540 > 2020-03-13 10:18 | Report Abuse

operators also stretch out already... they have been supporting for the few days... this one is really unexpected from stupid Trump.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 10:18 | Report Abuse

Anyhow, anyone seem like me today collected some?

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 10:19 | Report Abuse

Lanciao Haha, maybe you are correct we are the cooking frog. Lets see how moving forward.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 10:28 | Report Abuse

Bought 0.165 at small volume first.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 10:29 | Report Abuse

Come on come on, the balance depot and maintenance land gazette. Waiting you, otherwise later also no blood d. Haha.

Posted by Johnlabu88 > 2020-03-13 11:00 | Report Abuse

Thanks

Posted by Investing_Bursa > 2020-03-13 11:12 | Report Abuse

Be steady....have an outlook for 3-6 months. Short term hard to get timing right

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 11:51 | Report Abuse

With this COVID 19, everyone please stay safe. Shares market can be up and down but importantly need to keep ourselves healthy. All the best ya.

AAAwell

1,048 posts

Posted by AAAwell > 2020-03-13 12:44 | Report Abuse

Dow green

mf

29,216 posts

Posted by mf > 2020-03-13 12:46 | Report Abuse

Sophie Gregoire Trudeau, isteri Perdana Menteri Kanada, Justin Trudeau, disahkan dijangkiti penyakit #COVID-19, memetik kenyataan Pejabat Perdana Menteri.

Bagaimanapun, setakat ini Trudeau tidak menunjukkan sebarang gejala yang berkaitan dengan penyakit itu.

Posted by Investing_Bursa > 2020-03-13 14:36 | Report Abuse

Dow futures is up 300++ points.... are we close to the bottom? Only time will tell....

Power168

165 posts

Posted by Power168 > 2020-03-13 14:43 | Report Abuse

Buy n kept .no worry

kenie

1,641 posts

Posted by kenie > 2020-03-13 14:56 | Report Abuse

cashflow 8mil
debt 71.4mil
current liabilities 88.9mil

Posted by Investing_Bursa > 2020-03-13 15:05 | Report Abuse

Dow jones up 400++. Keep steady and have an outlook for 3-6months, sure be ok

Posted by Investing_Bursa > 2020-03-13 15:37 | Report Abuse

Dow Jones up 800+ points. Look for recovery soon!

John Rambo

437 posts

Posted by John Rambo > 2020-03-13 15:38 | Report Abuse

top up or hold

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-13 15:47 | Report Abuse

Kenie - To reply you because previously this also give me a doubt of cashflow sustainability

Current Liabilities included a RM30m warranty provision for their LED products

For Non-Current Assets, there is a amount owing by holding Company RM60+m which have the assignment of land (kuantan lands, believed is related to ECRL land).

So if you add and minus, the cashflow is sustainable.

So now the Key Question - whether ECRL lands are realiable or not, if yes, then the Company will have net cash to run positively d because it will relate to the holding company repayment of RM60m and also the realisation of EDEN land as well.

5c0160

1,763 posts

Posted by 5c0160 > 2020-03-13 19:19 | Report Abuse

The game is over. ECRL nomore taking land fr eden.

AAAwell

1,048 posts

Posted by AAAwell > 2020-03-13 19:45 | Report Abuse

Bro talk with resource. Pakai hentam je

lengzhai

35 posts

Posted by lengzhai > 2020-03-14 11:13 | Report Abuse

5c0160 : Got link? Where is the source? Show some evidence please to enlighten the investors here.. If not, don't simply spread rumors lar..

lanciao

544 posts

Posted by lanciao > 2020-03-14 12:40 | Report Abuse

No link ...inside news

AAAwell

1,048 posts

Posted by AAAwell > 2020-03-14 12:45 | Report Abuse

They already paid to get the land. Don't create rumours . And for ur info in one of the insider . Don't play

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-14 13:05 | Report Abuse

I just doubt most of the Eden Investors are not attend to the public inspection of ECRL. They already show you the route alignment including the proposed design of Kuantan Port City 2 (Proposed Freight Station and Depot).

For Eden Land Depot and Maintenance now is only pending announcement and also official gazette from State Government, possibly after the public inspection expiry 14 April 2020.

And based on the public inspection information match against the land searches and Pahang State Land Zoning Mapping, the other 2 pieces of Eden lands (just beside Lot 8911) proposed industrial development plan will remained unchange which i believe the industrial factories there can support cargo handling.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-14 13:09 | Report Abuse

This information can be obtained by public and of cos operator will have the same source of information as well which publicly available (instead so much of insiders news again).

Operator should have the same fact as well otherwise why they still in this counter by putting those weird Buying and Selling Q.

Don't worry Guys. We will know the results very very very soon.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-14 13:13 | Report Abuse

https://klse.i3investor.com/servlets/cube/post/5c0160.jsp

5c0160 Bro, maybe you are one of the professional operators

AAAwell

1,048 posts

Posted by AAAwell > 2020-03-14 13:27 | Report Abuse

Wahhhh haha 5c0160

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-14 16:40 | Report Abuse

Anyhow, another thing puzzle me is the Stratavest Power Station in Sandakan. Is there any insider news for the status of renewal of concession with Sabah Electricity Sdn Bhd?

mf

29,216 posts

Posted by mf > 2020-03-14 16:42 | Report Abuse

Coronavirus live updates: Apple to temporarily shut all stores outside Greater China

27055825

1,469 posts

Posted by 27055825 > 2020-03-14 18:46 | Report Abuse

confirmed will be renewed Start buying on Monday.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-14 19:24 | Report Abuse

Just done some study. The annual report 2018 stated the status of Eden power stations.

Power Station 1: Sabah Sandakan (Stratavest Power Station). The concession to be expired on Dec 2019 and the asset in account books already fully depreciated (no cost). Currently still maintaining 50% capacity to serve the Sabah demand. So if there is any further expension of concession, then meaning the company is running the operations without any building cost (original cost - fully amortised and depreciated) but only additional improvement cost only.

Power Station 2: Hydrostation. Commencing operations on 2000 and 30 years concession given (2030 expired).

Meaning worst scenario, Stratavest Power Station concession is not renewed, then no more further impairment cost (loss to company) to Eden books. However, this is unlikely the concession not being renewed, as based on Energy Commission (Suruhanjaya Tenaga) Annual Report 2017 & 2018, Sabah East Coast currently short of stable electricity supply and insufficient new scaleable power station. And based on previous PH government, it is proposed to have a RM10m budget to upgrade (2019 Aug done the due diligence of Sabah Electricity Sdn Bhd <Eden earlier entered the concession with this company> Sabah East Coast Supply)

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-14 19:29 | Report Abuse

So importantly, still the announcement of ECRL playing a very crucial component to Eden future fundamental. That can solve 2 things:

1) Better cash flow position of the Company and restructuring of the debt financing
2) Future development prospect in Kuantan (Kuantan Lands as Investment Properties, about 85% worth of their NTA)

I believe if compare to "Muhyiddin PM" factor, the announcement of ECRL balance land compulsory acquisition will play a big part to the further share price movement.

27055825

1,469 posts

Posted by 27055825 > 2020-03-15 00:29 | Report Abuse

JUST BUY!!!!

AAAwell

1,048 posts

Posted by AAAwell > 2020-03-15 01:12 | Report Abuse

Monday will tumble up

Posted by $$$ ^v^ GOODLUCK ^v^ $$$ > 2020-03-15 02:26 | Report Abuse

sale open high.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-03-15 18:59 | Report Abuse

Everyone, shares may up and down all the time, this is secondary to our life. Importantly, 2020 the best wish to all is stay healthy and keep ourselves away from Corona-virus.

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