Stock: [E&O]: EASTERN & ORIENTAL BHD Oct 7, 2015 07:42 AM | Report Abuse
There 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.
How are you Rockford? Long time didn't hear from you. I think with RM3.9B for 2A alone they are sure to be a take over potential especially with all the approvals obtained and even the infrastructure by state govt also completed and awarded to Gamuda, what else to ask for? I think Sime will back the 10% they sold to Terry at RM2.90. Wow 2.90 -1.62 = 1.28 immediate. Even if they go in up to 2.60, there is still mileage to 3.50. Do you agree?
Rockford STP2 will be divided into 2 portion i.e. a west and east side. And within that there is a Phase 2A (253acres) Phase2B (248Acres) and Phase 2C (259acres) which (2A) is the one that analyst believe will hv a marriage partner to co-developed. The partner and state govt will take 49% vs 51% owned by E&O. This can essentially be thought of as a 49% land sale or a valuation exercise or a risk management. Whichever it is, it will be a revenue top up either way. On Gregorians take at 2.51 without STP2, another short assumption is base on 2A 253acres (1.102e+7) will have approx (500-150 = RM350psf) this equate to RM3,857,000,000 . So basically even with cost against sale value they stand to make RM3.9B. Correct me if i am wrong
Gregorian Debt 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
Aiya DAPland, if not for DAP, chinese in Malaysia is worst. Don't forget even GE13 promises by BN UMNO all not kept. Almost all after the GE13 were broken,.... If not for opposition, we would all hv no voice and under authoritarian rule
Anyway if KYY ask to buy at 2.04 and went up to 2.70 and you didn't sell, it call greed lor. Ever heard of the saying "a bird in hand is worth 2 in the bush" cannot believe that helping also get bashing. What in the world is happening?
If you all don't donate or help, pls don't attack those who do. The 300 whom he help with the scholarship and need not pay back with the promise to help others is on its own producing a better future. The Govt don't help the non Malays especially those who do well and to have KYY a helping makes a lot of difference
Saturn, with ur statement below another 30sen since 24jan ...can sell ...hehe
Oh dear the blind wants to call others blind. PakCC, you must understand behavior like the burger is because he bought into it but wrong timing. In 1 year the shr went up and down 3 times and peak at 3.18. If he didn't sell, nobody can help. how is it possible that each hike is always 30 to 35cents and ppl don't make money? The only way is they never sell. Is that you cheeseburger?