Highlights
KLSE: OVERSEA (0153)       OVERSEA ENTERPRISE BHD ACE : Consumer
Last Price Today's Change   Day's Range   Trading Volume
0.68   0.00 (0.00%)  0.68 - 0.68  155,000
Trade this stock and receive a FREE I3investor T-shirt after 5 trades. Find out more.

Overview

Market Cap: 168 Million
NOSH: 246 Million
Avg Volume (4 weeks):505,973
4 Weeks Range:0.675 - 0.73
4 Weeks Price Volatility (%):
9.09%
52 Weeks Range:0.09 - 0.93
52 Weeks Price Volatility (%):
70.24%
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#1]  |  28-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  27-Nov-2020
T4Q P/E | EY: -25.66  |  -3.90%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.187  |  3.64
T4Q NP Margin | ROE: -15.26%  |  -14.17%

Headlines

Date Subject
08-Aug-2020 热门股:海外天 上挑92仙
07-Aug-2020 Mplus Market Pulse - 7 Aug 2020
06-Aug-2020 重大宣布·海外天今停牌
06-Aug-2020 Mplus Market Pulse - 6 Aug 2020
29-Jul-2020 PublicInvest Research Headlines - 29 Jul 2020

Business Background

Oversea Enterprise Bhd operates as an investment holding company in Malaysia. The company engages in the operation of Chinese cuisine restaurant. It operates in three segments: Restaurant segment which is involved in the business as restaurant operators. Manufacturing segment is involved in the manufacturing and wholesale of mooncake and other baked products. Trading and investment holding segment is involved in the trading of general and food products and providing corporate services and treasury functions. The firm generates a majority of its revenue from Restaurant segment.
Analyze this stock with MQ Trader system

  seehous likes this.
 
Good123 will fall back to 30sen the offer price , trade with care
07/08/2020 12:58 PM
Good123 offer price cuma 30sen, kejar untuk APA? gila KUALA LUMPUR (Aug 7): Oversea Enterprise Bhd's (OEB) share price rose as much as 17.5 sen or 55.56% after the Chinese restaurant operator received a takeover offer from Datuk Chai Woon Chet, the managing director and a substantial shareholder of Anzo Holdings Bhd.

OEB shares jumped to their all-time high of 49 sen, which was 63.33% higher than the takeover offer price of 30 sen made by Chai. 

At 11.50am, the stock had pared gains to 41 sen, still up by 9.5 sen or 30.16% compared with yesterday’ closing price of 31.5 sen. Some 9.87 million shares were traded, about 34 times its 200-day average trading volume of 276,385.5 shares.

Yesterday, OEB told the stock exchange that Chai on the same day entered into a sale and purchase agreement with five parties to buy the stake, comprising 151.26 million shares or a 62.37% stake in the company, for a cash consideration of RM45.37 million. 

The vendors are Yu Soo Chye @ Yee Soo Chye, Yu Tack Tein, Simple Angel Capital Sdn Bhd, Lee Lim
07/08/2020 1:33 PM
KLBullTrader limit up!
07/08/2020 2:41 PM
georgethefirst cheh.. offer 30 sen only not rm1
07/08/2020 3:17 PM
CharlesT cornered
07/08/2020 3:43 PM
CharlesT a rather clean empty shell....just dunno what can Eric Chai cook this round

after xox i dare not to look down eric chai anymore....lol
07/08/2020 4:02 PM
CharlesT 30 major shareholders oredi own more than 90% shares...can fly to the moon if Eric Chai want
07/08/2020 4:20 PM
k6ii wah...ini oversea pecut apa cerita?
07/08/2020 5:21 PM
Good123 bila buka kembali, harga turun balik kepada harga tawaran 30sen, ramai Akan menangis :)
07/08/2020 5:44 PM
Good123 30sen je. goreng sampai 60sen bangang

Anzo MD taking over Oversea restaurant operator for its potential
By Sharen Kaur - August 7, 2020 @ 11:16am
Anzo Holdings Bhd’s Datuk Eddie Chai Woon Chet says he is buying a major stake in Oversea Enterprise Bhd (OEB) to ride on the potential growth of the Chinese restaurant chain in Malaysia.
Anzo Holdings Bhd’s Datuk Eddie Chai Woon Chet says he is buying a major stake in Oversea Enterprise Bhd (OEB) to ride on the potential growth of the Chinese restaurant chain in Malaysia.
KUALA LUMPUR: Anzo Holdings Bhd's Datuk Eddie Chai Woon Chet says he is buying a major stake in Oversea Enterprise Bhd (OEB) to ride on the potential growth of the Chinese restaurant chain in Malaysia.

Chai, who is managing director of Anzo and director of M3 Technologies (Asia) Bhd, on Thursday launched a takeover offer for OEB, which owns and operates the Chinese restaurant chain under the name Oversea.

OEB, in its filing to Bursa Malaysia, announced that it had received an unconditional mandatory takeover offer from Chai.

The company said he was buying a 62.37 per cent stake or 151.3 million shares for RM45.38 million from its substantial shareholders.

They are Yu Soo Chye @ Yee Soo Chye, Yu Tack Tein, Simple Angel Capital Sdn Bhd, Lee Lim
07/08/2020 7:42 PM
pang72 Datuk Eddie next target on xox...

Monday limit up lol...
07/08/2020 7:48 PM
pang72 He is return to goreng world...
07/08/2020 7:48 PM
pang72 Salute!!

The first attempt on oversea has gone limit up...

2nd attempt XOX... Monday will reveal
07/08/2020 7:49 PM
Good123 Friday, 7 August 2020 

 

 What is the difference between investing and speculation?

Benjamin Graham addressed the differences between them on the very first page of his book, The Intelligent Investor.

Graham wrote, "An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return."  

Based on this definition, there are three components to investing:  

 

thorough analysis, 

safety of principal, and 

adequate return.  

Graham added, "Operations not meeting these requirements are speculative."

 

 

To this, we can add:

(1)  Any contemplated holding period shorter than a normal business cycle (typically 3 to 5 years) is speculation, and 

(2) any purchase based on anticipated market movements or forecasting is also speculation.

 

Value investing meets Graham's definition of investing, addressing on:  its focus on individual company analysis to determine intrinsic value,  the margin of safety concept, and its success over the long term.

The distinction between investing and speculation is important for a reason Graham cited in 1949 and remains true today:  "... in the easy language of Wall Street, everyone who buys or sells a security has become n investor regardless of what he buys, or for what purpose, or at what price...."

The financial media often refers to "investors" taking profits, bargain hunting, or driving prices higher or lower on a particular day.  However, these actions are rightly attributed to speculators, not investors.

 

Investors and speculators approach their tasks differently.

Investors want to know what a business is worth and imagine themselves as owning the business as a whole. Unlike speculators, investors maintain a long-term perspective—at least 3 to 5 years. They look at a company from the perspective of owners. This means they’re interested in factors such as corporate governance, structure, and succession issues that may affect a company’s future and its ability to create wealth for years to come. Investors may use their voting rights to assist in enhancing company value over the long term.

 

Speculators, on the other hand, are less interested in what a business is actually worth and more concerned with what a third party will pay to own shares on a given day. They may be concerned only with short-term changes in a stock’s price, not in the underlying value
of the company itself.


The problem with speculation is simple:

 

Who can predict what a third party will pay for your shares today, tomorrow, or any day?

 

 

Stock market prices typically swing between extremes, stoked by the irrational emotions of fear and greed.

 

 

 

Focus on the long term business value

Such dramatic price fluctuation on a day-to-day basis can test long-term investors’ mettle in maintaining their focus on business value.

 

Remember, the tendency is for business values day-to-day to remain relatively stable.

Day-to-day price changes should hold little interest for the long-term investor, unless a price has fallen to the “buying level” that represents a sizable margin of safety.

 

But that’s often difficult to remember when newspaper headlines, TV news anchors, friends, and coworkers are lamenting or lauding the market’s most recent lurch forward or back.

 

 

 

 

 

Posted by investbullbear at 16:32
07/08/2020 9:07 PM
JohnFook Anzo MD.....hahaha.....don't and trapped .....look at his goreng om ANZO stock.....push up price with big strory then sharks exited.....ikan bilis caught and many are dead
08/08/2020 10:57 AM
JohnFook After Shark exit big U turn will happen.....read Anzo to understand how he goreng......

Auditor will be appointed to do due diligence . Then take over is aborted because due diligence failed.....haha...ikan bilis pls be careful......this is not the first time he goreng
08/08/2020 11:00 AM
JohnFook Please don't get trapped . There are many many good stocks . Pls be aware and inform all your friends.....this is a big big goreng.....it is a trap
08/08/2020 11:03 AM
JohnFook Pls check what he did at Anzo.....and how the sharks exited
08/08/2020 11:05 AM
Good123 The financial media often refers to "investors" taking profits, bargain hunting, or driving prices higher or lower on a particular day. However, these actions are rightly attributed to speculators, not investors.
08/08/2020 11:41 AM
JohnFook Read comments at Anzo for all those who are trapped here .....
08/08/2020 1:23 PM
JohnFook Sharks left ....millions of shares disposed. Well set trap . Dead sentence for bilis
08/08/2020 1:35 PM
Good123 @JohnFook, engkau pernah kena burned dengan anzo, I feel your anger
08/08/2020 11:12 PM
Good123 KUALA LUMPUR (Aug 7): Frenzied trading interest in penny stocks has driven Bursa Malaysia's trading volume to 26.65 billion units — the highest ever level on the stock exchange. Indeed, this is the fourth record-breaking volume this week.

The volume of 26.65 billion today is double of 13.13 billion recorded on Monday. The daily volume has been above 13 billion each trading day, an evidence of robust trading activities among the retail investors as well as the proprietary day traders.
09/08/2020 10:38 AM
JohnFook @true Good@123....so well set master piece trap. Such I am advising others don't fall into traps...
09/08/2020 1:03 PM
Good123 since my comments earlier , it has risen few 100% , :)
10/08/2020 9:17 AM
Good123 but current price is too extreme, offer price for takeover only 30sen
10/08/2020 9:18 AM
Good123 sendiri tanggung risiko. usah menyalahkan pihak lain jika rugi besar nanti
10/08/2020 9:19 AM
Good123 focus on penny ex-blue chips e.g. astro, etc. game over for this counter , 2-3X over offer price
10/08/2020 9:23 AM
CharlesT TQ Eddie...though no more limit up at 0.915....lol
10/08/2020 9:41 AM
Good123 Ada rumour , Eddie chai patung Desmond lim, tak tau betul ke. mula monitor wct Dan Malton, anda? :)
10/08/2020 1:55 PM
Good123 Eddie chai, his patung to buy on behalf Ka? Desmond Lim to buy a stake in F
10/08/2020 2:05 PM
Good123 Desmond Lim to buy a stake in F
10/08/2020 2:08 PM
Good123 Eddie sells oversea to Desmond lim later after due diligence Ka? Desmond Lim to buy a stake in F
10/08/2020 2:09 PM
Good123 with the current price level, oversea is more or less free for the buyer kot? :)
10/08/2020 2:10 PM
lavenderong What's so great to buy oversea food business. Msia restaurants more are closing down.
10/08/2020 4:14 PM
apolloang everytime near GE this dato appear
10/08/2020 6:20 PM
Good123 interestingly Desmond lim's wct
10/08/2020 6:30 PM
Tripaka https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3076087
10/08/2020 6:30 PM
Good123 ini patung Desmond lim Ka? :) rumour Kan? Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

OVERSEA ENTERPRISE BERHAD

Particulars of Substantial Securities Holder

NameDATUK CHAI WOON CHETNationality/Country of incorporationMalaysiaDescriptions (Class)ORDINARY SHARESName of registered holderDATUK CHAI WOON CHET

Date interest acquired
10/08/2020 6:33 PM
boonkeng16 Suspension again?
10/08/2020 7:21 PM
Good123 takda suspension today
10/08/2020 9:19 PM
boonkeng16 Any ideo on oversea tomorrow?
10/08/2020 9:49 PM
ELTcap 10%20AUGUST%202020%0A%0APOTENTIAL%20TRADING%20OPPORTUNITY%0A%0ACOUNTER%20:%20BRAHIMS%20(Code%209474,%20Main%20Market,%20Consumer%20Products%20
10/08/2020 9:49 PM
CharlesT TQ Eric for second round
11/08/2020 1:34 PM
SideIncomer gg end music~
11/08/2020 3:18 PM
Good123 Notice of Interest Sub. S-hldr (Section 137 of CA 2016)

OVERSEA ENTERPRISE BERHAD

Particulars of Substantial Securities Holder

NameDATUK CHAI WOON CHETNationality/Country of incorporationMalaysiaDescriptions (Class)ORDINARY SHARESName of registered holderDATUK CHAI WOON CHET

Date interest acquired
17/08/2020 11:33 AM
Good123 how? mau speculating lagi?
17/08/2020 11:33 AM
Good123 offer 30sen je. :) Circular/Notice to Shareholders

OVERSEA ENTERPRISE BERHAD
SubjectNotification to the shareholders of Oversea Enterprise Berhad in relation to the receipt of Notice of Unconditional Mandatory Take-over Offer dated 6 August 2020 from Mercury Securities Sdn. Bhd. on behalf of Datuk Chai Woon Chet.

Please refer attachment below.

Attachments

Oversea - Notification to shareholders (13 August 2020).pdf
1.0 MB


Announcement Info

Company NameOVERSEA ENTERPRISE BERHADStock NameOVERSEADate Announced13 Aug 2020CategoryDocument SubmissionReference NumberDCS-12082020-00003
17/08/2020 11:35 AM
tkl88 https://9shares.my/the-edge揭秘─21家仙股股东董事成员或同批人/
22/09/2020 7:36 AM
tkl88 THE EDGE揭秘─21家仙股股东董事成员或同批人
19/09/2020
权威财经周刊THE EDGE揭露,大马股市过去几个月仙股交投狂热,其中有21家上市公司的股东,董事,很可能是同一批人,这些股票的股价波动幅度惊人,成交量也十分庞大。
这些公司有很多共同点,大多数是亏损公司,股价都是仙股级别,经常占据交易榜前十名,股价的起伏上下惊人。
根据THE EDGE报导,21家被点名的公司中,有9家公司的总部地址,注册地址都相同,即座落在八打灵再也丽阳镇的联和大厦(WISMA LIEN HOE)。
这9家公司包括宜鼎(AT),富科期(FOCUS),万通科技(MTOUCHE),FINTEC环球(FINTEC),XOX说(XOX),M3科技(M3TECH)和NETX科技(NETX)等。
报导指出,联合大厦原本是上市公司联合(LIENHOE)的物业,不过它在2006年以RM1价格,附加4300万令吉债务,脱售给一家私人有限公司E Globafocus有限公司。
EGlobafocus是由CUBES INNOVATIVE有限公司持有68%股权;CUBES INNOVATIVE由两名股东持有99%股权,这两人是商人蔡福顺和温运伦(人名译音)。
蔡氏和温氏曾在2014年7月遭证券监督委员会控以操控上市公司DVM科技股价罪名。
温氏个人在证券监督委员会有多项指控,包括2009年被控滥用上市公司FTEC资源的249万令吉公司资金,自该事件曝光後,温氏就几乎没有在股市活动。
不过,他的两名姐妹温安妮和温秀妮则各别持有另一家仙股公司喜得狼(XDL)的3.64%和0.67%股权。
上述9家公司中,FINTEC环球是最受注目的公司,这家公司的几批股票由一家私人控股公司SANSTON FINACIAL GROUP LTD持有。
诡异的是,SANSTON在21家上市公司的股东名单中都出现。
最近遭收购的海外天(OVERSEA)也在21家公司名单之中。
THE EDGE报导指出,21家公司市值最高的公司是富科斯(FOCUS),市值高达50亿令吉,尽管其季度净利仅有232万令吉,但股价却高得惊人。
随THE EDGE揭秘报导之後,证券监督委员会和大马交易所会不会采取跟进行动,调查这21家公司,颇受市场注目。
22/09/2020 7:36 AM


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
Stock Screener using Technical and Fundamental criteria
MQ Affiliate
Join the MQ Affiliate Program today to earn rewards
 
 

430  455  537  679 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 XOX 0.175+0.005 
 MTRONIC 0.085+0.005 
 VSOLAR 0.040.00 
 ASB 0.15-0.025 
 KANGER 0.205-0.015 
 BINTAI 0.69-0.015 
 PTRANS 0.2850.00 
 JCY 0.755+0.04 
 INIX 0.33+0.03 
 KSTAR 0.20+0.02 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS