Posted by SaturnRevolution > 2014-04-27 21:01 | Report Abuse

With the mulling of the merger for PNB properties, this will be in a way similar to the exercise that the financial Instituition did many years ago when they consolidated to top 10 and then top 6 banks. One of the key areas of bank status and position is determined by the lending base.
In the case, in the property developer sector, one way to do this will be bottom up exercise. A bottom up exercise will see each of the conglomerate spring clean it's subsidiary and align them first to the main objective. This will ensure that all the numbers contributing to the topline will be protected with greater efficiency with their merger and consolidate their assets and Landbank. The assets and Landbank will then be the key measurement of the status and position for the property developer's standing.
Once the exercise is completed at tier 1, the success measurement will be seen in the bottomline due to efficient use of asset and measured over ROA. Tier 2 will then align to the larger picture of positioning by PNB. The positioning here will determine how they would align the category of property eg low cost, high end, lifestyle, so on. In their case I believe it will be mid end, high end and lifestyle. Lifestyle and positioning presence in Penang will be the main reason for SDPB to take on E&O in the first place . Pls take note high end and lifestyle is re categorize and are different again. This will be similar to throwing value adds to justify the high cost of properties we are currently experiencing.
Once Tier 1 & 2 has completed, then only the main absorption into the parent company can happen. Even then, the change will be from the name of the company to the category mentioned only as I Do Not foresee all falling into one super conglomerate that will bound to fail on management and execution!!

Posted by Eddie Voon > 2014-04-28 09:47 | Report Abuse

No trading today?

Posted by SaturnRevolution > 2014-04-28 13:24 | Report Abuse

Pls read this...

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

Posted by SaturnRevolution > 2014-04-28 21:03 | Report Abuse

On positioning in Asia and asset worth from the merger PNB units. Pls read and compare Saturns write up against the below and earlier link and see how the move will position


http://www.theedgemalaysia.com/mobile/article.php?id=287164

Posted by SaturnRevolution > 2014-04-28 21:07 | Report Abuse

We continue to like this counter very much. The high PE will absolve itself upon further approval

Posted by SaturnRevolution > 2014-04-29 10:40 | Report Abuse

Dear All, pls stay calm. There was a large buying by foreign fund on the 25 Apr. Let the foreign funds clears their selling and as some were doing since yesterday. Take the opportunity to top up over a few days

Posted by smartmove100 > 2014-04-29 10:44 | Report Abuse

normal before big waves come..

Posted by SaturnRevolution > 2014-04-29 10:51 | Report Abuse

Pick up those that are 10% drop first as this is the second day!!

Posted by don218 > 2014-04-29 17:06 | Report Abuse

Dropping . Too many monkeys on the tree la. Buy buy buy. U think the boss will let so many monkeys win money ? Push down 2.1 let monkeys fall die first

Posted by SaturnRevolution > 2014-04-29 17:46 | Report Abuse

It's all shopping for defensive stock. This will be round 3 I believe Saturn has covered earlier. Pls refer to two things in Saturn's write up. The first is "M&A" and the second being "The Exchange". Read carefully on the exchange, however it only pertains to E&O and not SP Setia or the rest!

Posted by optimus6 > 2014-04-29 17:47 | Report Abuse

Saturn is my sifu. I bought again today at 2.40

Posted by SaturnRevolution > 2014-04-30 11:54 | Report Abuse

We are glad to see the gradual support build up for EnO. This is crucial vs a gap up. Reason being gap up is positive however it is also susceptible to negative news and they are a good horse for rebound.
EnO should see 2.44 support again soon if no global negative news are announced.

Posted by dusti > 2014-04-30 15:36 | Report Abuse

Foreigners love this mantra"SELL IN MAY AND GO AWAY"

Posted by ymtan > 2014-04-30 16:04 | Report Abuse

walao.... foreign fund injection ?? who bought 400 lots at RM2.37 ??

Posted by SaturnRevolution > 2014-05-02 19:57 | Report Abuse

Good performance! Next will be 2.44 the last support.

Posted by SaturnRevolution > 2014-05-02 20:37 | Report Abuse

We continue to focus on a few particular shares for May amongst the many as these will be the ones with catalyst and news expected

Posted by JamieO > 2014-05-02 20:49 | Report Abuse

Saturn, just drop a line here so that if you write it will go into my email. Thanks

Posted by OptimusX > 2014-05-02 20:51 | Report Abuse

first time in my life I see the same person asking another same person with a different nick to email himself.


icon888. wah I cant handle this anymore I must exit. this is super duper hilarious.

Posted by SaturnRevolution > 2014-05-02 20:53 | Report Abuse

No problem JamieO. Will drop a few very important note for May that will not fail. Good luck for Monday as the Fed Policy is confirmed .

Posted by Saturn > 2014-05-04 11:18 | Report Abuse

Wonderful.....

Posted by Saturn > 2014-05-04 11:22 | Report Abuse

So beautiful in Monterrey ........bro SaturnRevolution...good job. Don't forget to write and share on Trops, Uem and Ecoworld connection and the same man who played the fiddle for Trops.

Posted by samsung555 > 2014-05-05 16:47 | Report Abuse

The DEIA of Sri Tanjung Pinang II a meaningless official formality - See more at: http://www.theantdaily.com/Outspoken/The-DEIA-of-Sri-Tanjung-Pinang-II-a-meaningless-official-formality#sthash.xVONy5xp.dpuf' target='_blank'>http://www.theantdaily.com/Outspoken/The-DEIA-of-Sri-Tanjung-Pinang-II-a-meaningless-official-formality#sthash.xVONy5xp.dpuf


See more at: http://www.theantdaily.com/Outspoken/The-DEIA-of-Sri-Tanjung-Pinang-II-a-meaningless-official-formality#sthash.xVONy5xp.dpuf' target='_blank'>http://www.theantdaily.com/Outspoken/The-DEIA-of-Sri-Tanjung-Pinang-II-a-meaningless-official-formality#sthash.xVONy5xp.dpuf

http://www.theantdaily.com/Outspoken/The-DEIA-of-Sri-Tanjung-Pinang-II-a-meaningless-official-formality

Posted by wisdomtot > 2014-05-07 17:57 | Report Abuse

keep dropping... sien

Posted by don218 > 2014-05-07 18:11 | Report Abuse

Buy ? Buy buy ? Still got bullet ?

Posted by jbond > 2014-05-07 22:30 | Report Abuse

Buy...buy...buy...bye....bye...bye bye

Posted by Equityengineer > 2014-05-08 16:42 | Report Abuse

Any guess for the rise soon ...

Posted by wisdomtot > 2014-05-08 22:28 | Report Abuse

my guess is tomorrow... Friday...

Posted by don218 > 2014-05-09 12:25 | Report Abuse

Bye bye

Posted by Barbarian > 2014-05-09 13:00 | Report Abuse

Wait it's high buy rate today....

Posted by tan5995 > 2014-05-09 13:09 | Report Abuse

mega sales ?

Posted by Barbarian > 2014-05-09 13:13 | Report Abuse

Good volume today....expecting action but it's collectors volume

Posted by Barbarian > 2014-05-09 13:15 | Report Abuse

Have to wait if it's collectors volume......Prestar is bursting today.

Posted by samsung555 > 2014-05-09 15:04 | Report Abuse

is meant worth to accumulate more of E&O.......

Posted by Barbarian > 2014-05-09 16:23 | Report Abuse

Yeap...just go thru the buy and the volume per buy....

Posted by pooket > 2014-05-10 23:00 | Report Abuse

Why would this stock's price rise? The catalyst was on 4/14. The typical bursa pattern is to go up on high volume for a couple days, and then slowly trend down on low volume over the next few months. If you look at all the analyst reports (except Am's) their TP's are low. Why? Because E&O won't see any profit from STP2 for YEARS!
There's a finite amount of money that local fund managers have to invest in the bursa. It's the same as the Law of Conservation of the universe. You can't add or subtract from the whole. You can only take money from one counter and apply it to another counter. With profit 3 years away, property sector underweight, and other sectors like O&G flying, there's no reason to think that E&O will go up anytime soon.
And as far as Am's TP of 3.90 - be careful. I switched from Am to TA a couple years ago because Am's opinions are HORRIBLE! All they do is pump, pump, pump. They burned me too many times! Nobody else's TP is anywhere close to Am's.

Posted by johnny cash > 2014-05-12 00:45 | Report Abuse

https://www.facebook.com/photo.php?fbid=794665317210900&set=oa.491175974345114&type=1&theater

Posted by WLiang777 > 2014-05-12 23:20 | Report Abuse

Hi Johnny, can't view attached link. Wondering why ?

Posted by Barbarian > 2014-05-14 10:50 | Report Abuse

Pushing hard again....

Posted by leo218 > 2014-05-19 17:26 | Report Abuse

dun spam the thread, you can just provide the EO news links at the start web site.
2.19. Drop kau kau...look like force selling today

Posted by leo218 > 2014-05-19 17:26 | Report Abuse

bye or buy?

Posted by wisdomtot > 2014-05-20 20:25 | Report Abuse

Nice chart. Time to move up

Posted by leo218 > 2014-05-20 22:42 | Report Abuse

bullish harami....

Posted by Barbarian > 2014-05-21 22:13 | Report Abuse

Tq Saturn for your earlier piece of write up. I am still amaze at your prediction or maybe inside information. The below information looking more and more firm.

http://www.property-report.com/malaysian-fund-manager-plans-to-create-seasias-second-largest-property-firm-34810

Posted by Barbarian > 2014-05-21 22:28 | Report Abuse

If I&P absorb all, then the price of SP Setia will be back at 3.90 rack price and EnO will be like the case of Kdeb,KPS and KHSB relationship before KHSB was taken private.

Posted by Equityengineer > 2014-05-22 11:41 | Report Abuse

It's riding higher .. Anything brewing ???

Posted by Equityengineer > 2014-05-23 17:24 | Report Abuse

Any Info on the surge of trend at the end

Posted by mohdfzrn > 2014-05-23 18:02 | Report Abuse

Nice!

Posted by leo218 > 2014-05-23 20:26 | Report Abuse

51m profit result out

Posted by Barbarian > 2014-05-23 20:29 | Report Abuse

Stp 2 will go ahead as per link. They will put more contingency and mitigate the situation by ensuring the developer abide. It's a done deal.

http://www.themalaymailonline.com/malaysia/article/controversial-reclamation-project-deal-inked-under-bn-penang-cm-says

Posted by Barbarian > 2014-05-24 09:56 | Report Abuse

Looks like Temasek is moving north to Penang after Iskandar. Wonder who they are going to partner with

http://www.kinibiz.com/story/corporate/87550/penang-govt-temasek-ink-mou-for-rm11.3-bil-projects.html