And what more when just recently Smartag had 2 new projects in hand?

Doesn't make sense that a certain person or persons is throwing big lots at a lower price each time. Hopefully I do hope to find out & let you all know if I get the reason or reasons.....keep your fingers crossed please....cheers.

Eastern & Oriental; Hold; RM1.42
Price Target: RM1.80; EAST MK

First venture abroad


E&O has acquired Princes House, a freehold office cum retail building in Central London for GBP20.3m (RM99.6m) – based on Jones Lang LaSalle’s appraised value. The prime property is located along Kingsway in the Borough of Westminster, close to Covent Garden, Royal Opera House, West End famous theatres and The Savoy iconic hotel.


The property is only 10% tenanted by local retailer Paul Smith (GBP133k p.a. up to Oct 2017) as office tenants have shifted out previously following an asset foreclosure exercise. E&O intends to either:

1. Renovate & lease remaining office space: With total NLA of 46,087sf, rental income could touch GBP1.3m p.a. (RM6.5m) or 6.5% yield. But demand for office space within Central London remains soft as tenants prefer Canary Wharf due to cheaper rents & incentives;
2. Renovate and develop into a residential block (conversion from commercial title will unlikely be an issue). Assuming GBP200psf refurbishment cost and GBP1500psf ASP, GDV works out to GBP69m (RM341m) while potential earnings GBP8.8m or RM43.5m over 2-3 years (10-14% of FY14 earnings, based on 17% PBT margin).


E&O has been intending to set up a London office to market its products and explore opportunities in UK (Chairman Datuk Terry Tham is mainly based in London). While we are a bit apprehensive of its overseas ambition and prefer funds to be used for landbanking locally, impact to balance sheet will be small - assuming 2/3 debt financing, net gearing will only increase to 27% from 3QFY12’s 22%.


Maintain Hold and TP of RM1.80
RM3.05).

Source: HwangDBS Research - 24 April 2012

Wah, someone just sapu Bintai

Brother jacklew ,as soon as I have the latest new from Smartag, be rest assured that you all will have it...together we prosper & huat, huat, huat.

Yes, brother helmiputrajaya , I buy plenty & hold for the announcement of the new agreement with the government. Still collecting some more.

Today Smartag will move higher, watch out for it.

Yes, brother helmiputrajaya , look at the data & facts exactly & not someone cursing & show hate..OMG.

Today UOADEV cheong?

Exactly brother stncws , this counter is definitely not recommended for contra...buy, hold & see it grows....guaranteed, hee, hee,hee

Buy buy buy...see I just copy from one brother Lee Cherng Wee, thank you so much brother Lee Chern Wee.

Technical Stock Pick - Eastern & Oriental Berhad 23 April 2012

Post by Cals Yesterday at 17:28

Technical Stock Pick - Eastern & Oriental Berhad 23 April 2012

Ready to rebound after hitting support



Recommendation: Trading Buy
Closed: RM 1.43
Resistance: (R1) 1.60 / (R2) 1.85
Support: (S1) 1.36 / (S2) 1.26

Eastern and Oriental Bhd (E&O) has declined 42 sen or 23.2% from a 4-year high of RM1.85 in February. The downtrend broke its 9 to 200-day moving averages and has now landed at its long term uptrend channel.

On technical indicators, RSI has declined and is just above the oversold zone. Similarly, MACD reading has dropped until -0.03 and remains below its signal line.
If the uptrend since March 2009 remains intact, the stock could stage a rebound. Friday’s doji candlestick has hinted a trend reversal.

We recommend a trading buy call on this stock and expect the price to hit RM1.85. For more confirmation, traders can wait until share price breach its moving averages at RM1.50. However, we advise traders to cut loss if the price falls below RM1.36. The stop loss at RM1.36 coincides with Fibonacci retracement of 23.6% (monthly chart).

April 23, 2012 21:18 PM

E&O Makes Overseas Debut With Prime London Property Buy

KUALA LUMPUR, April 23 (Bernama) --- Eastern & Oriental Bhd (E&O), Malaysia's premier lifestyle property development group, has agreed to acquire Princes House, a prime freehold office cum retail building in central London for 20.25 million (RM99.63 million).

In a filing to Bursa Malaysia, E&O said the acquisition was expected to be completed by June 2012.

The property was acquired through Oriental Light (Guernsey) Ltd, a wholly-owned unit of E&O Properties (Guernsey) Ltd, which in turn is a wholly-owned unit of E&O. The vendor was Glasgow City Council, which acted as the administering authority for the Strathclyde Pension Fund.

The proposed acquisition was in line with E&O's intention to set up an office in London to create a presence for the group to showcase and market its projects as well as for business development to explore business opportunities in the United Kingdom, it said.

"We are very excited that our first major property purchase overseas is in the international capital of London, and to have secured such a prime freehold building in the Borough of Westminster that is close to Covent Garden, the Royal Opera House and many of the West End's most famous theatres as well as iconic hotels such as The Savoy," said E&O Managing Director, Datuk Terry Tham Ka Hon in a separate statement issued by the company.

Yes, brother jacklew, someone is accumulation at 22 cents...yesterday volume is a ok & are we to see better upwards movement of Smartag starting today? Once, the other long awaiting agreement is endorsed & signed by the government, Smartag will sky rocket. Just hold & be patient lah.

Still holding strong...please wait until they kill the son CB & it will rise again.

Better for you all to chabut on this worthless & every quarter losing money counter......tell me what this 6 cents almost goner company can help you make money??....worth 6 cents & losing money every quarter & you all chase like mad, hee, hee, hee.....make profit , run lah....please don't play stupid but to invest in more valuable & reliable counters...thank you.

Some people just talk nonsense, market very bad & down by only 1 miserable cent & say sure mati...stay clam my friends as you all will be getting your rewards. Tak mati tapi hidup lah, hee, hee, hee

What to do when even 5000 shares 1 idiot cannot hold but to sell at 0.005 cents cheaper at the last queue. Total amount is only a miserable $1875 & even the $25 he wants to save. OMG....really a kiasu & kiasi...better ask this dingo never to play shares, hee, hee, hee

Such a good counter & making good money this ningkampook doesn't know the value, hee, hee, ,hee..however, some worthless almost goner pennies, they chase & buy like a mad dog & in the end they lose their pants. hee, hee, hee. OMG, when will they ever learn?

Brother cresender , please check you mail box...thank you. Worry not about Bintai as it's a good company making good money now...cheers.

Good brother dinpolo, will collect more later....many thanks for your feedback.

Just the Bintai good news with 2 new projects & the possibility of landing another project from KL MRT.

BIMB wait for about 1 week or so when Ambank had kill off son CB, yes CB will RIP & then possible BIMB shoots. Still good to enter BIMB at around this time too as BIMB had ht $2.50 just a few days back.

Cheers brother & why not take a good look at E&O where price is at it's low of $1.43 & a new TP of $2.20 had just been out. Go read about what I wrote in the E&O topic please.

Cheers.

TP $2.20, time is ripe for all to move in.Present price is now
at $1.43 & could easily move up to $1.60+ next...so watch out for this counter.

Yes, brother Mohd Shuk, notice that CBIP had risen 15 cents yesterday.

As blogger fooltrader just said & may I quote...

BINTAI ( 6998 : 0.38 ) : Target 0.50/Stop loss 0.34

Description
Engineering services

Resistance : 0.53
Support : 0.34

RSI of 63
RSI is on the rise

STOCHASTIC
It is on an upswing

TREND INDICATOR

Comment
The current upmove is heading for 0.50-0.53

Trading Strategy
Buy. Stop loss is at 0.34

Source:Jupiter Securities Research 20 April 2012

Yes, it's moving towards the 50 to 53 cents zone....so for those who haven't bought it, it's time for you to start moving in...next Monday opening price maybe at 40 to 41 cents?

Wow, as brother stncws just said Bintai TP is now 50 cents.....hope we can achieve this new TP sooner than we think....all the best to all & good luck too....cheers.

Brother Velson, mind telling us the CIMB new TP for Smartag...many thanks.

Brother Goh Ang Kee , check your mail box please....thanks.

Yes, brother bryan_su , these people had the "general election panic fever" & losing their senses.....thereby running like headless chickens, hee, hee,hee

For me it's normal as usual without any slight doubt.

Cheers brother bryan_su , have a nice & great weekend too.

E&O MD & a director is acquiring, so what does this mean?

Thursday, 19 Apr 2012

6:20PM Dato' Tham Ka Hon (1,200,000 Shares Acquired)
6:20PM Dato' Tham Ka Hon (1,200,000 Shares Acquired)
6:15PM DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)

Wednesday, 18 Apr 2012

6:18PM Kok Meng Chow (550,000 Shares Acquired)
6:15PM DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
11:13AM E&O-EMPLOYEES SHARE OPTION SCHEME ("SCHEME")


Are we to think that the coming quarter results is excellent?

It will come brother Velson Loh ...it's just the timing & the patience that we all need to see that Smartag be a hot stock to hold & have......cheers brother Velson Loh , take care too & have a very happy weekend too. Relax & watch the girls go by, hee, hee, hee

Brothers olibiznes, aezedel & stncws , mail send to your mail box...read it please...many thanks.

Brother stncws , mind sending me the new TP given by Jupiter to me please...send to my mail box in your reply to the email I just send you. New TP sounds too indeed and what more can we all ask for.

Cheers brother stncws , take good care too & enjoy your weekend too.

Watch out for E&O 4th Quarter Report which will be out at the end of May...yes, another month to go & let's hope that results will be impressive...hope it's better this 4th Quarter & final report for year ending 2011.

If the 4th Quarter results is impressive as it always had been, then be prepared for a big surge of mother E&O and son CA too. Last 3rd Quarter show that it's EPS is 7.44 cents & I presume the 4th Quarter may show that their EPS is about 10 to 11 cents for 2011.

..if this is the case, then we can see mother & son shoot very much higher.....so keep your fingers crossed & hope the 4th Quarter Report to show everything is good except seeing RED figures. :laugh2:


Cheers to all & good luck to all those who have bought E&O & son CA

No lah TP is for 1 year but if the the Customs Department agreement is cleared by the AG and fully signed & endorsed by the government, then this TP is chicken feed but a bigger & higher TP may be in place.....possible of a new TP of 70 cents to $1?

Yes, think of the 7 million containers that will use Smartag for easy tracing & security purposes & at $10 per container per trip giving a figure of $70 million per year for a $27 million company...so what's the TP then?

Cheers & let's hope for the best.

Smart thinking brother sontoloyo, fully agreed ...just let it be.

Good brother AL833D , buy & hold it then.

Brother Steven Lee , please check you mail box...many thanks .....cheers.

Brother AL833D , any investment no matter how small it is is still an investment. Please don't feel bad or belittle yourself brother AL833D as millionaires are not make in a day. Maybe you start small & I do hope that you can end up big.......cheers brother AL833D & all the best to you too...good luck brother.

Brother tcleng , check you mail box please & you too brother AL833D. And brother AL833D , if ever Bintai can get a slice of the KL MRT, then you are heading for a goldmine. Yes, it's a really good value company....consider this

NTA 73 cents ....even if the company were to stop business & close shop, you get back about 73 cents when everything is sold off, hee, hee,,hee...real value isn't it?

EPS [earnings per share] is a excellent 7.6 cents per share.

PERatio is a perfect 4.....that means it take lesser time for you to get you money back on you investment.

So, you tell me if it's good?

Buy & hold until the next financial report is out in another months time towards the end of May 2012.

Cheers & good luck to you too.

Brother sclau1 , check you mail box please....thanks & cheers to you as well. Have a nice day too.

Brother bryan_su , to those rich foreigners who buy foreign properties are mostly well off people & maybe a million or two is sap sap suay to them, hee, hee,hee

Brothers artlee & davidccwan. please check you mail box...read the details please...thank you...cheers & you both take good care too.

OMG, people still chasing high of CSL to $1.71 even though it's a real fact when they announced that no dividend is coming & no dual listing in HK,,now they kena burnt when it's now to $1.56...when will they ever learn?

Yes, super quite today as kakis chasing useless pennies, hee, hee, hee...let it be and then they get burnt and then they know, hee, hee, hee

Public Bank give a recent TP of $2.20 & MIDF at $1.70...still a big margin for all.

no idea brother jacklew but it had dropped from $1.60+ till now....still good price to pick it up today for me. If the ongoing court case by the minority shareholders wins, then SIME had to make a GO of $2.30 per share for E&O & son follow accordingly.

Pick up some E&O, anyone want to follow...it's price is at almost it's lowest & son CA is at a real low...go for it.

Yes, brother Stephen Lee, such a good counter & EPS stands at 7 cents & nobody interested, hee, hee, hee...some madness indeed when kakis buy NTA 7 cents shares at more than 30 to 60 cents & then knowing that some of them are going to get burnt, hee, hee, hee...what will they think next?

Brother Najib B. Ismail Naza , now buying is real cheap...go for it & see that 2 latest projects that will bring some good results later.

For members information only...you all kena con?

Where got interim dividend or to undertake a dual listing in Hong Kong?



Now read this..

Regulators have queried China Stationery on the unusual trading patterns of the company's shares. The company said it was not aware of any factors contributing to the rise in the price and volume of the stock. China Stationery also said it had no plans to declare an interim dividend nor undertake a dual listing in Hong Kong.


I presume alot of people who enter at $1.80++ and above kena kau kau.....another Chinaman con job as usual like those shoes, sportswear, etc.

You find them this China companies listed in Malaysia only.....if Singapore the authorities will show them the foot & kick their butts & ask them to get lost. Only Malaysia SEMUA BOLEH, hee, hee, hee

So as I had always stress is that you face REALITY in buying shares & hoping to make some money but the fact is that there are too many easy & those too many knowing very little knowledge & information pawns kakis who are too greedy in hoping to buy worthless PENNIES & make it big.....all very willing to be the pawns for the sharks & conman to make money & the fact still remains that almost 90% of the traders are losing money & only a 10% making money & who are these 10%? Well the majority of these 10% are the sharks & the conman. You may make some today on Pennies but if you count your losses & your gains, I am sure there are more losses than gains. So why not put your money in some reliable worhty counters & hold if they don't go up but you collect the dividends in the meantime?

I am been trading shares & stocks for more than 16 years & I am telling you all these for your own good. Frankly speaking & I can boastfully say my present counters are mostly in the GREEN & not RED.
I hold plenty of REITS & they gave me enough dividends for my living expenses & playing other counters is just an added bonus but as always I do plenty of homework before buying any counters.....so I feel too that you all need to do some homework before you really loses all your money, hee, hee, hee. Now it's almost 2.40am and I am still looking around for some information to do trading this morning...so perhaps you ought to do the same too, hee, hee, hee.

Nobody is going to give & hand you everything on a silver platter...this is a REAL FACT, so face it my friends. Yes, a few of you make some easy bucks on a few pennies counters & when you counter your losses at the end of the day, do you really make money??? I have seen so many friends who loss everything on Pennies & now they are without any money to punt further or now hibernating to wait for more savings to enter the market. Ask yourselves this....do you have as much capital as these conman to stay & fight with them? The answer is a definite NO.

Ask yourself frankly now this....how many of your counters that you bought are really showing RED now?? I can confidently say almost most people had them all in almost RED.

As always my brotherly advice to you my friends is to "PLAY SAFE & SMART TOO" & "TRADE & TREAD WITH UTMOST CARE ALWAYS AS ONCE YOUR HARD EARNED MONEY IS GONE, IT'S HARD TO EARN THEM BACK"

Cheers my friends & may the best be with you today & always too....good luck.

Brother jacklew, forget about MRCB & better to sapu Bintai as I expect Bintai to move higher & closer to it's TP of 49 cents....there are more undervalue counters & you only had to do your homework to find them, hee, hee, ,hee

With so many projects in hand, Bintai is really moving up....it's still an undervalue counter with a high NTA 73 cents, excellent EPS 7.5
cents & an almost perfect PERatio 4.....what more can you ask for such a good undervalue counter & with some big projects...isn't it better than to sapu all the worthless , useless, very very low NTA & making losses every quarter few cents pennies.....ask yourself who are the ones making real money & you all are only the pawns in this pennies?

And please don't get your pants burnt or lose it altogether....hee, hee,,hee

Money is hard to earned & save nowadays, so why give all your hard earnings to some con people on pennies? Be smart & play safe too my friends.