Very inspiring . tq

Also read on MahSing ..

http://www.thestar.com.my/business/business-news/2016/03/16/mah-sing-says-shopping-time-for-land-as-malaysia-rebound-seen/

(KUALA LUMPUR Bernama) Oriental (E & O, 3417, the motherboard industry group) shares no wind, waves, since February has risen by 18%, analysts believe that this may divest part of the East Sili Dan cashmere Pinang Phase 2A (STP2A ) related to equity, in the next few months, which will be the main catalyst for the East stock revaluation.
 
CIMB Research said the recent slowdown in industry sales, leading industrial company's share price performance was flat, oriental spared, from the 2014 peak share price has fallen 34% so far.
 
Shares rise 18%
However, despite the disappointing sales performance this year, the East, but from the East stock has since February rise 18% Display this may be due to disposal STP2A news pushed up.
East 760 acres of land reclamation plan in Penang, including 6.27 million square feet of gross STP2A 1000 and 4.35 million square feet of STP2B and STP2C.
STP2A reclamation plan is expected in 2018, reclamation costs 250 ringgit per square foot.
Get RM1 billion in Oriental Bank loan program were filling already intentional introduction of strategic investors to participate in the equity part STP2A plans to finance the project.
According to the company's management said the company's goal is to find strategic investors in June this year. Off the price will become the benchmark for the valuation of the entire STP2A value.
CIMB said that due to the shortage of land in Penang this year and boosting, recent transactions show from STP2A1 km away has lots to 1,300 ringgit per square foot transaction.
This calculation, STP2A space has value 7.6 billion ringgit, while STP2B and STP2C the value of 17.1 billion ringgit; 78.8% interest in the East who plan STP2 value 19.5 billion ringgit.
Although after the land is high, but considering the reclamation progress, there is no substantial increase in CIMB revalued net asset valuations Orient (RNAV), but if the East can RM500 per sq ft for sale STP2, the company will increase RNAV 44 per cent to RM100 per square foot calculation, RNAV will increase by 174%.
CIMB maintained Oriental "overweight" rating, target price of RM2 22 cents. (Sin Chew Daily / FINANCE ‧ Report: Chen Linde)


Point See full story: http: //biz.sinchew.com.my/node/133186#ixzz433YEec6N

I want to be a sharpshooter. I start practice ok

Agree with HakChai, Terry should immediately take over. After all it is Terry who bought back the shares at 2.90 giving the impression that Eric can deliver.

This is what happens when you nominate a poor leader. They cannot deliver and everyone have to suffer

I hope the MD do something. The sentiment is bad becoz of poor leadership and we cannot trust anything that Eric says. All his timeline is out. We have wasted 4 yrs waiting and sharing a hopeless vision. Now no direction at all and share price also like that. Terry pls bring back the glory

Yes I agree with Gregorian. Property will still move. E&O got a strong catalyst in STP2 and UK listing. Though the management is slow, once done it will be jumping high again

http://www.theedgeproperty.com.my/content/property-market-pick-2q-3q-local-housing-demand-says-real-estate-agency