chaszso there will no month of revelation for this Sep also..correct gregorian?
Rockfordi see it too. I think as a whole E&O is careful w money but investors are getting very agitated waiting. We saw that at the AGM come EGM where even the Chairman and Deputy MD and MD were challenged
Rockfordon top of that they made it difficult for the investors on the dividend which cause them to be even more furious. Hope Terry and Eric will do something to contain the fluctuation of the stock
Airo Chaszyeh,controlled stock but its good.just have to be super patience
EnO_TurboBlastNote EnO has only missed the target once out of the 10 years running.
Public Bank: E&O (Trading Buy, TP: RM2.60): On track to hit target. Eastern & Oriental (E&O) is optimistic of achieving its net profit target of RM173m for its current financial year ending March 31, 2016, based on the number of ongoing projects the company has in its pipeline. The company had set a cumulative net profit target of achieving RM450m from 2014 to 2016, with the RM173m being the “balance of target” to be achieved for this year, said deputy MD Eric Chan. (StarBiz)
GregorianThere will be another revelation either late Oct or November. E&O has amongst the most foreign channels for marketing in Singapore, Japan, UK and Taiwan. That's why they are confident of 173M. The difference between E&O and other high end, is lifestyle.
GregorianDebt ratio at current is 0.6 looking reduction 0.38. Ratio of that on inverse (0.6/.38 =1.58) on inverse base on current price at rm1.59 * 1.58 = RM2.51 very close to Public Banks RM2.60 trading buy. The calculation does not take into account STP2 psf value however base on RM150 psf as cost with expected RM400-500 psf value undeveloped sale the price will be higher. The number RM2.51 takes into account only the London PLC
HakChaiYes but I still think after the EGM that Terry Tham needs to be more forthcoming.