Posted by saturny > 2014-04-17 23:34 | Report Abuse

With all stocks sold from misc to Axiata to tambun to Gamuda ...etc include those stock still holding at current price, my avg has gone up to 40% annual yielding annually avg over 5 years which mean 200% over 5 years. I too am surprise as my last count was close to 30% with EnO at 2.12.

In a way, it's true if you have holding power you can hold and avg much like unit trust but the pick is also as important. I like to pick defensive stock with possibility and option and build it around a high possibility. I once pick a bank before a major announcement and within less than 3 mths the stock almost doubled. You can check that bank which went up to rm9.90 from rm5 within that period mentioned.

So in essence picking FA stock is one possibility for long term however the Managment team may change and that possibility may die with it. On the other hand choose base on TA but it will be short term. So pick the defensive ones if you want to play long term and build it around a story which itself is build around factual information.

Posted by zenwan > 2014-04-17 23:54 | Report Abuse

SaturnY, do you have an email. Can you advice on EnO moving forward and I understand some of your writing and any further catalyst? Tq

Posted by SaturnY > 2014-04-18 00:05 | Report Abuse

I won't write it here. Put ur email. There are opportunist who don't understand property and will never do and you cannot use FA alone here as I have mentioned reputation and exchange is key . Why this two are key? Because exchange is to the business and reputation is to the investor. You cannot go from 30 cents to rm5 without a name behind it. GDV is not as important as the location and concept

Posted by Zenwan > 2014-04-18 00:09 | Report Abuse

Saturn, concept as in design concept?

Posted by Zenwan > 2014-04-18 00:10 | Report Abuse

Ok got the mail.

Posted by saturny > 2014-04-18 00:17 | Report Abuse

No concept as in the overall concept. It use to be condominium with full facilities and then condo with Greenery and now is lifestyle which include parks and malls. Similarly with gated housing. Note info are personal , the names have been remove. Demographic and numbers are real

Posted by saturny > 2014-04-18 00:19 | Report Abuse

Good nite mate....enjoy

Posted by valuemaster > 2014-04-18 00:48 | Report Abuse

it is obvious , the prop traders of investment bank have pushed up and make this correction happen, collect below 2.35, sime darby paid 2.30, the price shouldn't be lower than 2.30, maybe sime darby will offer a general offer to privatise?

Posted by nicky > 2014-04-18 08:01 | Report Abuse

Today continue down ?

Posted by Saturn > 2014-04-18 11:54 | Report Abuse

Hehehe

Posted by ymtan > 2014-04-18 11:59 | Report Abuse

ppl keep accumulate at 2.50...

Posted by Saturn > 2014-04-18 12:31 | Report Abuse

Amateur looks only at PE to pick stocks. And we know who the amateur is.

Posted by jenabchen123 > 2014-04-18 13:12 | Report Abuse

Tikam tikam. Cepat tikam. TP > 3.00.

Posted by warrenbuffett0830 > 2014-04-18 15:01 |

Post removed.Why?

Posted by ymtan > 2014-04-18 15:26 | Report Abuse

saturn.. any advice for this counter ?

Posted by SaturnY > 2014-04-18 15:37 | Report Abuse

Stay on for TP No 2.....2.70 decide from there. Will be a lot of buying and selling between 2.67 to 2.70. Believe if you are not going for the whole 9 yards, sell between there.

Posted by SaturnY > 2014-04-18 15:47 | Report Abuse

KLCI fluctuation has reduced and looking to stabilise. Get ready to embrace when the wave comes. Pick good stock to ride the wave.

Posted by nicky > 2014-04-18 18:17 | Report Abuse

Monday testing RM2.62

Posted by saturny > 2014-04-19 00:48 | Report Abuse

走访槟城第二大桥后，分析员更看好槟城产业领域，也唱好州政府积极引进国内外投资，未来可带动更多经济活动和产业领域。
因此，他建议投资者专注在槟城产业股，点名恒大置地（TAMBUN，5191，主板产业股）及东家（E&O，3417，主板产业股）为首选。
东家的斯里丹绒槟榔2（简称STP2）计划如期推行，已获环境局批准，如今准备呈交交通影响评估报告给州政府，预料6月杪可获批。

Posted by saturny > 2014-04-19 01:30 | Report Abuse

Remember my story on the bullet train from Singapore to Penang. Pls be mindful of the value as there is no value that can be put into related stock once the approval goes thru. I once said to invest in property stock because it's a hedge during difficult times especially in Malaysia. Then ppl thought it was a deliberate act to get buyers into this counter though II did not mention a counter name but as general property.

Lesson 23: there is really no need for investor to get public support for the counter he invested in. The game to get ppl to buy in a stock is closer to a traders game. When ppl support a stock, what it does is two things. One the stock price goes up because of sudden demand and lack of seller. And two the stock price is supported. I generally prefer no. Two because in all cases, there are only so many buyers amongst the 1800+ counters and they are spread out and not necessary be looking at ur counter.

Once this buyers rush in to buyer and willing to commit to higher price, there will be a vacuum where the incline price will not be supported.. This can be due to recommendation fr investment houses or broker/remisier base on a herd mentality. Hence eventually the price drops.

Now what I m looking for daily is simple. 3 things
1) opening price
2) price with the highest volume
3) closing price

No 3) is the most important if high volume is accorded. I see it live daily because it give me the effect on the intensity as oppose to the chart. When a price fluctuate during the day but ends very strong, the chances of demand is good the next trading day as buyers are willing to commit to sellers price to move it up strong. This indication is even better if the volume base on that price is very high and form a support later.

As most buyers have limits in their buying ( not unless they have uncle lim as god father) there is just so many you can buy right? And so many counters to choose hence when buying it is important to see the volume in the buy and sell queue. Those off radar may not be in the queue. What they do is the buy at immediate buyer and seller price and ensure it's less than the volume in queue so that it does not change position whether up or down due to them. Example. If I want to buy at seller price, and seller queue at 300k volume.....I will make sure I buy only 200k so that position doesn't change. This is collection method not to arouse a sudden incline.

The above method is also use in business trade like gold in the global market and another method is to use proxy.

Soon lesson 24: how to play the dribble between price to sustain the price mechanism. For this one, I would like all to tune their mind and accept that you cannot fight market as the volume for market just cannot be manipulated by our level and even multimillion air unless will to lose big to support. However for a non performing counter with low volume , it can be done. We have seen recently Ioi boss did it. We have seen Daibochi even pushing it up.......

Posted by saturny > 2014-04-19 08:13 | Report Abuse

All I have told you on the Highspeed rail will bring the next wave ......

http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=266072:kl-spore-high-spreed-rail-perils-and-promise&Itemid=2#axzz2zHomjy4n

Posted by JCbalmer > 2014-04-19 10:08 | Report Abuse

Saturn is good visionaire. Enjoy your view

Posted by samsung555 > 2014-04-19 17:22 | Report Abuse

AmResearch: Federal approval for E&O reclamation very significant

KUALA LUMPUR: AmResearch views the Department of Environment conditional approval for Eastern & Oriental's subsidiary to undertake the reclamation of Phase 2 of Seri Tanjung Pinang (STP2) at Tanjung Tokong, Penang as a "very significant one".

It said on Monday that E&O might soon proceed to call for tender proposals for the reclamation of the 760 acres at STP2 once it receives formal approvals from the Penang state government.

"The latter had already granted E&O conditional approval for STP2 in April 2011. Formal submission to the state government would soon be in motion," it said.

Earlier Monday, E&O said its subsidiary Tanjung Pinang Development Sdn Bhd (TPD) had received the conditional approval for the detailed environment impact assessment study and conceptual masterplan for the Phase 2.

AmResearch is maintaining its Buy rating on E&O and raised its fair value from RM3 a share to RM3.90 a share -- based on a 15% discount (previously 35%) to its unchanged net asset value of RM4.61 a share.

"We have assigned a significantly lower discount to our NAV as regulatory risks dissipate with the approval from the DoE, Ministry of Natural Resources and Environment for the Detailed Environmental Impact Assessment (DEIA) study and conceptual masterplan for STP2," it said.

Posted by samsung555 > 2014-04-19 17:29 | Report Abuse

Have faith in this counter, still need more volume to break the resistance level.........

Posted by SaturnY > 2014-04-20 10:39 | Report Abuse

Sorry guys I have taken off the last 2 commentary because it's a trade secret. Those who caught it use it wisely. Good luck!

Posted by tjhldg > 2014-04-20 16:26 | Report Abuse

: ) .. ada off load 30 % ... buy back 50 % aeh sai bo saturn : )

Posted by SaturnY > 2014-04-20 16:49 | Report Abuse

Good play TJ.....Wah Ai release more between 2.65 onwards......

Posted by tjhldg > 2014-04-20 17:50 | Report Abuse

kikikikikiiiiii

Posted by Eddie Voon > 2014-04-22 11:56 | Report Abuse

TP RM3.90?

Posted by ahchong > 2014-04-22 15:15 | Report Abuse

Will it drop somemore?

Posted by astrologeroculus > 2014-04-22 16:22 | Report Abuse

2nd Session in the red on Pg counters. Overbought position showing its sign?
GOB, Malton, Tambun Indah, E&O facing a minor hiccup. Should heal by tomorrow. Buy on weakness.....

Posted by don218 > 2014-04-22 17:32 | Report Abuse

Skl

Posted by smartmove100 > 2014-04-22 22:20 | Report Abuse

better days ahead

Posted by astrologeroculus > 2014-04-24 11:28 | Report Abuse

Pg counters onslaught taking a breather. Turning bearish. May close in d red.

Posted by ymtan > 2014-04-24 12:49 | Report Abuse

Possible to rebound before weekend ?? Overbought ?

Posted by Equityengineer > 2014-04-24 15:07 | Report Abuse

Why drop today ...

Posted by don218 > 2014-04-24 15:09 | Report Abuse

Cuz u buy so much..

Posted by Equityengineer > 2014-04-24 15:22 | Report Abuse

Buy will go up ma

Posted by don218 > 2014-04-24 15:22 | Report Abuse

Shaking the tree. Let all the monkeys drop first

Posted by Equityengineer > 2014-04-24 16:05 | Report Abuse

Haha ... Monkeys !!! ... Ok we shopping a lil bit

Posted by samsung555 > 2014-04-24 16:28 | Report Abuse

market sentiment poor, be able to buy cheap is aopportunity to further collect.....

Posted by ymtan > 2014-04-24 16:35 | Report Abuse

yup... hope this will shake out the monkey from the tree ... i always remind myself be patient.

Posted by SaturnRevolution > 2014-04-24 22:02 | Report Abuse

Ayem back.....

Posted by ymtan > 2014-04-25 07:48 | Report Abuse

saturn, what you meant by ayem back .?

Posted by Adamlambert > 2014-04-25 20:33 | Report Abuse

Ayem back is Arnold Swarzenneger coming back to hantam the KNN

Posted by SaturnRevolution > 2014-04-26 09:44 | Report Abuse

Thank you Adam. Get ready for the next round of climb if you have bought

http://www.thestar.com.my/Business/Business-News/2014/04/26/EO-bullish-about-Seri-Tanjung-Pinang-project-Developer-likely-to-get-goahead-for-phase-2/

Posted by SaturnRevolution > 2014-04-26 09:49 | Report Abuse

Thank you Adam, but I am not here to fight. I'm new green lantern expertise in trading short term.

Posted by SaturnRevolution > 2014-04-26 10:05 | Report Abuse

We will continue covering this stock. Believe the ripe price is not there yet. You will have blast of price from low PE coming towards 1st. Half. For E&O it will be reverse. It has a very high PE which will assume its rightful position once the value unlock from STP2 from the realization point.

Posted by SaturnRevolution > 2014-04-26 10:26 | Report Abuse

We are looking at TP1 2.70, TP2 3 and we are not looking beyond RM3 at this point. We will continue to update as Sime decision will be looked upon.

Posted by SaturnRevolution > 2014-04-26 10:41 | Report Abuse

Dear All, I would like to revisit some of Saturns writing. Pls go thru the older writing on your own. I am writing this because I saw the link below on merger today as shared by Saturn on 31 Mar. I would like to thank him and commend him on his vision.

http://www.thestar.com.my/Business/Business-News/2014/04/26/PNB-may-merge-its-big-property-firms/


Stock: [E&O]: EASTERN & ORIENTAL BHD
Mar 31, 2014 10:29 AM | Report Abuse

Why is it important for Property Developers to do a M&A during these trying period?
M&A essentially means consolidation and regroup. When put in the right context, it really means making more efficient use of assets and effectively ensuring those sunken cost deliver to optimum. Normally when a M&A happens, there could be surplus of redundant skill and work force. Not forgetting a growing company will be saddled by high operating cost during sudden turn in economy or govt policy as in Malaysia' s case, will have no alternative but to maintain the bottom line for survival at best. This survival will depend on the cash flow and incoming unbilled.

On a more optimistic view, we are in a globalize world. This means that not all monies transaction can be seen by Bank Negara. This is so because not all money transactions and loans to developers go thru local banks and may even be transacted before coming in to Malaysia especially those involving China and ICBC. If such is the case, we may only see the value of business brought into Malaysia and the jobs it provides but not the real transaction.

With the remimbi now hub in Germany, this could also be a sign of the Chinese moving more business to Europe. This is so because you normally do not want to your business to be affected by net exchange losses due to currency exchange. Even as is, the view of a recovering Europe continent also can be viewed like a turnaround stock counter where the promising uptrend can deliver whatever that is already at rock bottom.

This bring me to my next point which is Malaysia and where we stand. Malaysia is unique in the sense that we are a more emerging country compared to Thailand and Indonesia. One being that it sits on the continent and is more stable than Thailand and second, it's still a developing country compared to Singapore which means the exposure and property asset values has not mature. In recent times, a lot has been said of Indonesia and it's property however, it remain that the country is decentralize with poorer infrastructure and commitment compare to Malaysia. The Chinese too view this as a good fundamental and possibility from geographical location and the fact Malaysia is showing more promising growth in Iskandar, KL and Penang.