snowball2000

snowball2000 | Joined since 2022-04-15

Investing Experience Not Disclosed
Risk Profile Not Disclosed

Followers

0

Following

0

Blog Posts

0

Threads

405

Blogs

Threads

Portfolio

Follower

Following

Summary
Total comments
405
Past 30 days
1
Past 7 days
0
Today
0

User Comments
Stock

2022-04-20 10:37 | Report Abuse

Even more glaring is its huge land banks and investment properties with unjustifiably low return (I could be mistaken as a layman and outsider, but its investment property stood at 1.095bil while return on investment holding is a mere 31.6mil for FY2021), the management should do better than this. It should at least disclose plans to better sweat its highly undervalued lands. Else, wouldn't it be better to dispose off and disburse the sales proceeds to shareholders as cash dividends?

Stock

2022-04-20 10:27 | Report Abuse

ORIENT is holding close to RM5.00/share in cash & equivalents while its share price is languishing at RM6.80. Meanwhile, its interest income received per year is less than RM0.10/share per annum. How is that logical? I may have miscalculated (due to lack of info.) but the real figure should not deviate too much. Someone with influence please help by talking to the management.

Stock

2022-04-20 10:10 | Report Abuse

If the management is more aggressive / proactive in its approach and seek better utilisation of its financial / business resources, ORIENT could be deemed undervalued even at its current price of RM6.80. It should consider giving bigger dividend (of which it does not seem to put to effective use to generate better return for shareholders), bonus issue (which should improve market liquidity of its shares) or revaluation of its vast land banks (to reflect real value of its highly undervalued land holdings).

Stock

2022-04-15 11:50 | Report Abuse

Zzzzzzz....

Stock

2022-04-15 11:39 | Report Abuse

Yes, but going by FY, it is 40c, making it almost 6% at current price of around RM6.70. What is there not to like about ORIENT! :)