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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.
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).
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! :)
Stock: [ORIENT]: ORIENTAL HOLDINGS BHD
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?