bulk purchasing now

Dont play play this round not those 100 units 1000 units buy up to higher price. Is bulk purchase.

Ya. People still hope Anwar can be the PM. Emotionally maybe, practically i hope we dont want new GE.

Not only because we holding EDEN, but as consider economy as a whole. "Changing" is not the solution, it takes more time to trigger down money to economy. Maybe at that time, most of the people in malaysia already lost jobs.

You can analyse how UMNO recently release to the media. Especially those last few sentences then you can see their stand clearly.

UMNO/BN wont want to bear the shit (this virus may take 1-2 years more) before all their legal suits cleared off.

Muhyiddin want to continue as PM, Azmin Ali want the economy head position.

PH already seperated but yet they still push TM (the resigned PM and let go the political upper hand to opposition) to front.

This government will be a buffer government until next term, i believe until 2021 instead 2020.

Minimal movement again today

and this 300-400 acres land still valued at RM8.4 per sqft while previous transaction price (railway acqusition) is RM22 per sqft if not mistaken.

Asking. Eden still holding about balance 300-400 acres of land beside ECRL Kuantan Port City 2 station, which government already taken 80 acres previously for ECRL Railway already in first phase.

I think the public inspection should be expired on last month d. They need sometime to sort out the comment and finalised the alignment (if there is any major complaint) including those stations location. Next step will be finalised the last step of land acquisition (by different state PTG) gazette first then submit to Pejabat Penilaian to value.

Possible. Kuantan is under Pahang State and PTG Pahang only open yesterday.

http://ptg.pahang.gov.my/

No wonder. PTG Pahang commencing works w.e.f yesterday 5 May 2020. Hopefully we can hear the good news soon.

0.19, today seem have momentum to reach 0.20. Good luck everyone.

pray hard

macam moving?

No momentum yet, but still stand firm at 0.17-0.18 range, not consider too bad

Of cos, we cannot over-promote and shout for the insider information which actually does not exist.

What i want to express here of cos, we wish the best results to come out, but we also need to remind ourselves some worst scenario (sometime may not the thing you like to hear) before it turn very fast.

I am still here.

States and Federal are not in the same stand. It is not a good sign.

Eden = Dead or Alive counter

Need be-careful to monitor, if there is more political unstable, then this counter uncertainty will be high. Don't over confidence. Personally holding near to 500k units, average price about RM0.20+-, but if feel that Muhyiddin factor (this will be very critical to whether the balance Eden Land to be acquired since the balance land is yet to gazetted) become weak, i will cut it off at loss as well.

Need to take note our Political still unstable, UMNO/BN now have upper hand. If they vote non-confidence votes together. Then new GE very soon and UMNO/BN very likely to win. They have nothing to lose anyway.

"Muhyiddin" Factor is very important. In the event, if this advantage factor lost, then uncertainty to Eden will occur.

http://thetapirtimes.com/2020/04/26/help-me-get-out-of-here-pm-whispers-to-journalists/

PETALING JAYA: Prime Minister Tan Sri Muhyiddin Yassin shocked journalists last night by asking them to help him escape this job he never wanted after recording his first interview.

“Once the cameras stopped, Muhyiddin spent several moments urging RTM’s Zaleha Khairene Ismail and Astro Awani’s Essan Yahya to smuggle him out of Putrajaya as quickly a possible,” a studio hand reported.

Muhyiddin was overheard saying since being sworn in, his life has been a living hell as Azmin Ali, Bersatu party members, Perikatan ‘allies’ UMNO, PAS and GPS, all took turns squeezing his Prime Ministerial balls while lobbying for cabinet posts and GLC chairmanships knowing without them and their ‘wafer-thin’ parliamentary majority, this Perikatan government of convenience could collapse at any second.

“Muhyiddin cant be having an easy time. We have an unprecedented Covid-19 crisis, a comatose economy, children of elites and Deputy Ministers are flouting the MCO knowing they can’t be reprimanded, and disgruntled voters can’t wait for an opportunity to punish the government for the ‘Sheraton move.’ Even Tun isn’t talking to him!”

On his way out Muhyiddin grumbled what he really wanted was a nap and a chance to finish Season 4 of ‘Money Heist.’

AAAwell, earlier on you mentioned that there is insider have some news update. What is that?

http://pdtkuantan.pahang.gov.my/events/20200428

http://pdtkuantan.pahang.gov.my/

PTG Pahang 28 April 2020: ECRL Land Acquisition Sub-Committee Meeting No. 1 2020

Don't worry, soon.

Be calm down first. Seem now retailers are more.

today no more volume

back to original

Lets see today can break 0.20 first or not

10m volume for first 1.5 hours. This is not normal trading volume.

Existing Owner Group - Zil Enterprise and Tan Sri Rahim Mohd (Muhyiddin Family in Law)

New Investor Group - Advance Opportunities Fund

Currently, there are 2 groups of people in the Eden shares.

Existing Owner Group currently working hard balance ECRL land acquisition to secure their best position and this cannot be later than Apr-May 2020.

Alternatively, New Investor Group will securing their controlling ownership (due to their asset, main consider Kuantan Land as railway and station confirmed go thru and located nearby their place). Currently is this group of people trying to control the pricing not up so excessive since they are not the major shareholders now yet.

Both group of people are aiming for the same land. And when nearer the ECRL results coming soon, then end of the day both groups will have same buying pattern.


Current Net Tangible Assets in total RM315m (Kuantan Land value at RM8.4/sqft)
Revaluation of Kuantan Land Value RM130m (Based on immediate sellable RM15/sqft)

TOTAL ACTUAL NTA IN TOTAL RM445m
Current share base 403m shares

NTA per SHARE RM1.10 !!!!!!!

Now you know why this shares so attractive for major investor groups?


Lets see how it move.

Recently I made further detailed analysis of Eden shareholding and found interesting facts.

I forgotten who in this forum saying that there are seem more than 1 group of operators (not same boss ya, totally different). This possible is correct, they are from different perspectives.

But waiting for the same good result.

I will share it tomorrow once I done the full picture investigation.

Lets break 0.20

volume suddenly surge, good

https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude.html

WTI Crude Oil now USD17 already, soon USD20.

2000% from USD1.

Quick update. Some local and singapore investment banks already started to temporary cease their energy derivatives trading (WTI Crude Oil and Brent Oil) for retailers (for the official reason of volatility). Oil price will be soon relatively stable, say in 1 month time after filtered out those "traders".

For me, it is a good measure.

Crude Oil Price back to USD16 per barrel d. If there are some countries come into operations (example China), then soon will bounce back to USD20 at least. Media always over-report without sharing the fair position. Hopefully no one just due to news to sell their position.

seem still quite firm

still not too bad ya. Lets see tomorrow news headline "historical one day jump of 2000% surge in crude oil price"

https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_product_calendar_futures.html

Settlement date is today 21/4/2020.

Anyhow, back to Eden. I still waiting for the ECRL land acquisition announcement, if it is correct, then it is worth to bet for this counter. But if confirmed it is calling off already, then no matter how low the price. I will throw it as well.

but you go back to look on the CME Crude Oil futures contract on 3 months above crude oil quotes,, it is still stand firm on USD30 and above which still best suit the current situation. And i strongly believe, maybe next month wil be similar but after 2 months later, when all the lockdown by all countries reopen up, then they can start utilisation the inventories then oil price will surge it back as well back to USD30 which already reflected in the current futures price.

Crude oil futures first of all, the holder have obligation to convert into physical holding. But our houses cannot store it, it is very specialised storage. In few months back, some market players already mentioned storage cap already hitting maximum soon. So meaning no more storage place to store the physical oil. So how the player to deal with it? must throw the contract away otherwise they need to spend more to think about how to store and utilise it. The sudden fall is due to the settlement on expiry of current Apr-May Futures contract.

What i know is now we are in recession this for sure and we already in the cycle of crisis and market reflecting it as well.

For the experts opinion, when market is good, they will foresee 30% up from current index; when market is bad, they will foresee 30% down from current index as well.

So my opinion is we always need to keep ourselves neutral when doing investment. Now the market still in scary mode and people easily we scared off due to some sudden drop event like yesterday night crude oil price.

This is what media don't show you. Instead of worry, today i will apply derivative account to trade 6-12 months expired futures contract of crude oil! Haha.

https://www.cmegroup.com/trading/energy/crude-oil/light-sweet-crude_quotes_globex.html

Media nampak Crude Oil USD1 or negative then start to promote market collapse (now already in economic crisis). But no one care to study is it the real full picture they reported?

no power

high possible today can break 0.19 above and stay firm. Lets see