Kambing soon....

Operator eating 0.015 not working. Cleared twice and didn't pickup. Hmmmm inexperience?

yes pretty much accurate.

I have not comment here for awhile and I see this Ppmaster comment..... lol...made my Sunday. First I have seen of someone so honest here

Most items in sundry are own by chinese. Boycott chinese sundry shop also? Price will go up...how then?

Commit fully bring the price pass RM2 first and investors will see the commitment. Not just buy RM2,60 and hope it goes up

they haven committed fully

Merely buying at RM2.60 is not sufficient.....he needs the market to rally this stock with the STP2 already on the way

Terry Tham MUST follow through

feeling nervous again

Your news is super fast. Lets see the market react or not

I strongly suggest you look for another stock. An MD who allows the stock to drop for 2 years isn't worth following and worst after the much anticipated STP 2 approval still sombre. We see more of his lackadaisical attitude with each of the projects. So no more of this rubbish

Sorry to hear that Eliminate. We have all left after selling E&O i.e. the old bunch investors who has been waiting here for STP for 4 years and wasted our precious time and money while the MD can't even go on record to update the status.

Glad I sold. !! Fed up of the E&O management excuses

compare E&O effort to EcoWorld @Eco Meadow. See the effort put in by EcoWorld. Never make excuse but keep pushing. Even got tulip in Malaysia

http://www.penangpropertytalk.com/2016/04/springtime-at-the-ecoworld-gallery-eco-meadows/

Any reason why cannot go up???

http://www.penangpropertytalk.com/2016/04/strong-support-for-gurney-wharf-project-says-state/

I also gave up. I sold 50% today already.

I hope moving forward Terry should come up fronts the investors trust him.

I hate to say this but they fail even before they begin.

Eric won't leave. He does not recognise he is the reason of the failure but we investors here are long enough to know

Its just too far from RM2.90 and RM2.30

Good luck Rajuan!

Tired of waiting. Got the pot of gold but they sit on it. Now March already. Just very disappointed. Thanks for concern

Guys good luck. I am leaving too after 4 yrs. Very very disappointed

they are just hedging ringgit with gold

Show your prowess E&O. We are very tired already as many have said. You hv attain all the good news, pls move

Sad to see all bros some as far back as 2011 coming back to condemn. E&O must do something to speed up or else will become like Tropicana soon. Cannot go up long enough as a lot more ppl want to sell

Fantastic rebound esp last line. Didn't know can see the market like that. Thanks I almost sold at lost

Blog: What are the odds of trading against the coming Quarter results?
Feb 10, 2016 11:28 PM | Report Abuse

There was concern in the market today of another sub-prime and banks were concern which led to another downtrend. Whilst we are all concern, however the global market has pickup up since then. We can look forward to a positive closing at best.
Now if we look and focus at our market vs the rest of other market which went down earlier today, I can say again "we want to recover, or we are trying to recover or someone or something wants us to recover" why?
Gainers vs losers - approx 50/50%
Traded vs Untraded - Approx 54/46%
Under traded category - Unchanged vs Change (Gainers+Losers) -approx 42/58%
The above tells me we are trying to recover, although in adverse global market or we are bottoming or have bottomed ready for rebound
Either way whether rebound or plateau, maybe a better sign compared to a diving KLCI with a majority loser with unchanged combo.
In my opinion, klse market is trying to recover even in adversity today. We will see rebound this few days as long as no new adversity news adding pressure to the local market.

Sifu Simon, can share opinion on the E&O-WB price?

Nicely put

Not sure the valuation but we are expecting it to be high.

Wages are not cheap anywhere else either. With ringgit exchange at such low level, production cost is cheap while export gain is high.

At 0.4 price to Rnav or low debt ratio allows them for this expansion. If someone says the are bankrupt for doing this, this would also suggest everyone who has take 80-90% loan against their annual income for housing loan is also a brankrupt

Bank Guarantee is a taken like an insurance where the bank will ensure payment when the debtor defaults, while bank debt is loan or term loan from bank. The earlier choice shows that e&o was deliberating on bank guarantee shows they wanted to fund it and took an insurance for it but change to fix loan.

OK if you take 110 acres back to Govt that should be correct. I also calculate if selling is base on lower RM400psf against cost of RM150 i.e. RM250psf profit. It will come up to RM7,187,500,000. So per share 7.2/1.26=RM5.71 per share additional added to RM2.51 base approx RM8.22 per share. Hence if we take 40% discount as in your example it will be at least RM4.93 close to Amreasrch RM4.73 earlier this year

So if they sell all of Ph 2A, the amount generated is 3.9b translated in price per share (total share issued is 1.26B shares) direct calculation per share additional is 3.9/1.26 = 3.09 treated as asset. So in short technically, price with STP2 Phase A alone should be RM5 above if treated as NAV

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

on 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

i 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

Malaysia is a very very strategic country. If run by a good hand Malaysia will prosper beyond a doubt but in wrong hands it would akin to a country sold out. Firstly Malayia sits on the continent, they hv the straits of Melaka, the straits of Johor, they are protected partially by Indonesia and part of Borneo from heavy earthquake. Together with natural resources, our country should be good for sea trading business better than Indonesia or Singapore with more valuable ports that are safe and protected.
My bankers tell me Malaysia has sold a lot of its business, land and rights. Slowly and surely the country is being sold out because as more business diversified out of the country, more foreigne ownership buy in and soon we will just be leasing the land fr other owners. As you can check, many land in Johor and Sabah are alredy bought by the Chineses Fr China.

Whoever the choice, we cannot make another mistake. We need a good second man too as both Razalegh and Anwar are past their glory days.

Understand Icon8888 perspective. I don't think there is a right and wrong here but the angle of approach. As an example given by Tengku on the UMA...I would like to elaborate further compared to SGX of Singapore whereby even the amt of share allocation to the director, CFO or CEO for that matter can be questioned against the proportion in the company by the SGX authority. This is to ensure that one of the motives of pump and dump (which can be internal or external) can be alleviated for some that hold to many share but daily volume is not sufficient for the person to clear his holding. UMA in Busa query does not get down to the core of investigation, hence today's UMA vs 90s speculators has somewhat reduce but not removed.
I see i3 does hv it's followers therefore the Sifu here needs to be reputable to be followed especially for penny stocks whereby the amt of volume purchase can be large

Today there are a few challenges since 2008 that they Bursa and SC Hv tried to solve. One being false malicious information which in the 90s was rampant and a speculators game. I believe it has been implemented to a certain degree of success with all the well publish Bursa announcement. However those that have to do UMA query is still not resolved. The answer the company involved are too easily accepted. Mind you how many of those counters emerge here in i3 prior to it gapping up?

Second being public information like this forum thru which sharing is intended. My personal opinion is though it is free speech and opinion, if fair argument is presented why not. However we get some who intend just to share for their own personal interest or worst those who just out to vp create problem

It is not wrong to share. If the information is from someone reputable to warn other, I don't see any problem sharing. It is only when one starts abusing the share information is where all the problem will start

Looking desirable again. Awaiting ....

Stock: [HAPSENG]: HAP SENG CONSOLIDATED BHD
Mar 27, 2015 03:32 PM | Report Abuse

Close to oversold again. Better decision if it sticks long enough below 30 to know if can move again. My guess is if fall to 4.18 (if happen) or lower may be desirable to buy again

Hv to be patient at this point

Tomorrow to see if can make a direct attempt to 3.80 on one attempt or fall back for two attempts. I don't know if the correct TP is 3.88 but 3.80 or slightly above is my target depending on traction.

Thank you Saturn

With London property escalating...Ballymore may be instant

http://www.rotikaya.com/maya-karin-kini-jutawan-hartanah-di-london/

http://www.kinibiz.com/story/corporate/163687/liew-admits-conflicts-trying-to-reduce-them-–-report.html

It must at least to cn 3.70 on first attempt for the tp3.88