ORIENTAL HOLDINGS BHD

KLSE (MYR): ORIENT (4006)

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Last Price

7.42

Today's Change

+0.06 (0.82%)

Day's Change

7.34 - 7.45

Trading Volume

93,800

Overview

Market Cap

4,603 Million

NOSH

620 Million

Avg Volume (4 weeks)

233,468

4 Weeks Range

7.12 - 7.71

4 Weeks Price Volatility (%)

50.85%

52 Weeks Range

6.27 - 7.74

52 Weeks Price Volatility (%)

78.23%

Previous Close

7.36

Open

7.42

Bid

7.35 x 9,300

Ask

7.45 x 17,800

Day's Range

7.34 - 7.45

Trading Volume

93,800

Financial Highlight

Latest Quarter | Ann. Date

30-Jun-2024 [#2] | 22-Aug-2024

Next QR | Est. Ann. Date

30-Sep-2024 | 29-Nov-2024

T4Q P/E | EY

7.74 | 12.92%

T4Q DY | Payout %

5.39% | 41.71%

T4Q NAPS | P/NAPS

12.73 | 0.58

T4Q NP Margin | ROE

13.13% | 7.53%

Company Profile

Sector: CONSUMER PRODUCTS & SERVICES

Sector: CONSUMER PRODUCTS & SERVICES

Subsector: AUTOMOTIVE

Subsector: AUTOMOTIVE

Description:

Oriental Holdings Bhd (OHB) is mainly active in the automotive industry selling and distributing motor vehicles, manufacturing engines, seats and other related parts, and trading spare parts. The business segment generates the majority of the group's revenue. Other business segments include plastic products, hotels and resorts, investment holding and financial services, cultivation of oil palm, investment and trading of building material products, and finally medical centers and nursing colleges. OHB operates in the Asia-Pacific region and United Kingdom.

Discussions
3 people like this. Showing 50 of 670 comments

Diamond7

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.

2024-04-10 10:48

Diamond7

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

2024-04-10 10:49

MG9231

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

2024-04-10 11:02

iscmob

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."

2024-04-12 11:38

iscmob

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."

2024-04-12 11:40

MG9231

share price moves ahead of unlocking value of assets held

2024-04-12 11:44

pang72

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

2024-04-12 12:12

Diamond7

Vow!
Touch 7.20

2024-04-12 15:33

pang72

Nta=$12. 2

2024-04-13 22:38

pang72

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

2024-04-13 22:39

MG9231

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

2024-04-14 07:35

stockraider

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

2024-04-14 10:59

Bullkobear

invest this counter is equivalent to buy a piece of land

2024-04-14 11:03

stockraider

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

2024-04-14 11:05

MG9231

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

2024-04-14 11:24

Diamond7

Hidden gem
Strong NTA
High dividend!

Stay patiently here for third generation to unlock its balu!

2024-04-14 11:31

Diamond7

Value....typo error

2024-04-14 12:13

Diamond7

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

2024-04-14 15:17

KingKKK

Why Q4 2023 EPS negative 9.69 sen?

2024-04-15 12:32

geary

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

2024-04-19 18:53

hw0706

if no selling of asset than forget it

2024-04-21 14:30

wallstreetrookieNEW

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

2024-04-23 09:35

wallstreetrookieNEW

Palm oil bull run to suggest further upside for Orient Holdings

2024-04-23 09:35

Golf123

Stay for long term

2024-04-28 02:21

Diamond7

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

2024-05-17 19:31

dompeilee

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!

2024-05-20 09:32

Golf123

1st result good 50 cents.
Buy n keep

2024-05-29 07:03

Kitty Kitty

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

2024-05-29 07:06

dompeilee

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!!!🤑

2024-05-30 17:04

bullvestor

Why lost money last quater?

2024-06-01 02:14

virgogo

As a conglomerate and major businesses overseas that includes hotels, automobile and plantation, there is always effect from foreign currency movements including restructuring effects of the group. Looks for management, cash flow and business prospects of the group. Also NTA/net cash holding as a safety margin in a prolong economic downturn that will affect many industry.

2024-06-01 14:44

virgogo

so, quarter to quarter assessment of the company may not be best judge of the company

2024-06-01 14:47

bullvestor

Ty

2024-06-04 16:52

dompeilee

L@@ks like even EPF (dVmb) continuous selling also can't stem the rising tide in Orient!

2024-06-07 09:08

4ever5

This stock come to my attention after recent QR release. And i am wondering, why this company stock price is staying low even with high recurring income and huge pile of cash on hand. After reading Annual report from 2019 to 2023, i have come to a conclusion below.
1. The company revenue has shrunken. This is especially on automotive segment which used to be ORiental cash-cow business. Especially on Singapore market, revenue from 2.3billion(2019) dropped to 700mil(2023). Profit also fell from 292mil to 159mil. This is due to high competition from other car brands especially EVs. Numbers of Honda cars sold are dropping, shared in the annual report.
2. The revenue and profits in 2022 and 2023 is supported by plantation business thanks to CPO price surge high and as long as CPO price above $3500.
3. The past few years profits was good because of disposal hotel in Australia. in 2022, disposal gain 200m and recent Q1Y24, another disposal gain of 200m.

I do not own this stock, just did my due diligence study before investing in this stock as this stock really attract dividend investor like myself.
Since this company has huge pile of cash, I hope the board of director will make new move to expand their business.

Please share with me if my interpretation is wrong. I am still very keen to invest in this company if there is good points that i missed out.

2024-06-09 23:32

virgogo

Investing in this company, with strong asset backing, diversified business locally and regionally with net cash of more than 2 billion is very hard to go wrong. Sometime you unlock value of assets and realise a subtantial profit is not a bad move especially if is a old hotel that has low occupancy and reguires substantial cost for refurbishment. After a restructuring of the major shareholding in the company, I suspect things will be much better going forward. Also their dividend policy now is much much better than prior years,

2024-06-10 10:07

dompeilee

$7.05!!! DeLIGHT-FULL!!!😍🤗☝

2024-06-14 09:36

dompeilee

Now that it already ex-dividend, with no more coming for more than 4 months, I think it will go down to at least 6.50 in the next few days. I myself already EXIT-ed yesterday @ $6.87 after bagging the latest dividend, refusing to be trapped like I was for 8 years from 2014-2022!

2024-06-28 09:26

iscmob

** pls kindly ignore the second link **

2024-07-31 15:51

Golf123

Got 20 cents dividend

2 months ago

kk7198

Good buy at current price.

2 months ago

Diamond7

Vow!
7.30
Any special news?

1 month ago

goldenhope

Privatise soon ?

1 month ago

G-boy

if privatise soon, there is no dividend declare lo...
so should be not privatise

1 month ago

Diamond7

October 5 th announce 20 cents dividend!

1 month ago

G-boy

long term up to double digit is not a dream!

1 month ago

kk7198

@G-boy, likely double digit next year. Now is a good time to collect again.

1 week ago

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