Posted by yongyou > 2014-06-11 15:45 | Report Abuse

why game over? sound scary

Posted by linjie > 2014-06-11 15:48 | Report Abuse

last chance 4pm

Posted by yongyou > 2014-06-11 15:57 | Report Abuse

still got time to buy

Posted by yongyou > 2014-06-11 15:57 | Report Abuse

i love the TP @3.90

Posted by kalim288 > 2014-06-11 16:06 | Report Abuse

can fly up to 2.78, now 2.71.....a lot of ppl sell out...

Posted by bovun2014 > 2014-06-11 17:17 | Report Abuse

sell on news.

Posted by linjie > 2014-06-11 20:00 | Report Abuse

buy on rumors sell on news

Posted by Joel > 2014-06-12 09:41 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/06/12/Buy-rating-on-EO-reaffirmed-target-price-remains/

Posted by dusti > 2014-06-12 09:41 | Report Abuse

You will regret if you sell . Wait at least for TT's buy price. Average Target price of 6 analysts over last 2 months is 3.22, with 3.90, the highest. Keep calm and be rewarded.

Posted by yongyou > 2014-06-12 10:18 | Report Abuse

this is a good counter

Posted by ket_60 > 2014-06-12 12:46 | Report Abuse

What is the best price to buy.

Posted by samsung555 > 2014-06-12 13:17 | Report Abuse

E&O gets Penang govt endorsement for STP2

http://klse.i3investor.com/servlets/ptg/3417.jsp

Posted by Joel > 2014-06-12 16:51 | Report Abuse

http://www.theedgemalaysia.com/in-the-edge-financial-daily-today/294065-eao-gets-penang-govt-endorsement-for-stp2-fd.html

Posted by tjhldg > 2014-06-12 22:17 | Report Abuse

kikikiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii .... tu dia , now apa tu investment bank analysts semua wake up kasi tp liau

Posted by Stranger > 2014-06-13 11:32 | Report Abuse

why drop?

Posted by kalim288 > 2014-06-13 12:11 | Report Abuse

why drop? good question, no answer

Posted by Barbarian > 2014-06-13 12:26 | Report Abuse

Inherent behavior of EnO

Posted by gweilo > 2014-06-13 14:41 | Report Abuse

wall street everybody a scared.

Posted by Barbarian > 2014-06-13 20:43 | Report Abuse

Scared of ?......not Saturn I hope kekekekeke.....he is there

Posted by lbj007 > 2014-06-14 14:46 | Report Abuse

did you observe the price movement last friday ? next week definately it will go to 2.86

Posted by oldcable > 2014-06-16 07:12 | Report Abuse

Concern over STP2 reclamation works:
http://www.nst.com.my/node/3043

Posted by Barbarian > 2014-06-16 11:06 | Report Abuse

lbj007 kekekekeke

Posted by kalim288 > 2014-06-16 11:35 | Report Abuse

ibj007....your prediction so correct......:)

Posted by ktan > 2014-06-16 11:39 | Report Abuse

2.9 mari mari.

Posted by kalim288 > 2014-06-16 11:49 | Report Abuse

GO GO GO :).....

Posted by yongyou > 2014-06-16 14:24 | Report Abuse

RM3.00 lah

Posted by Stranger > 2014-06-16 15:06 | Report Abuse

2.85 enough lar, i sure sell all,hahaha

Posted by samsung555 > 2014-06-16 15:22 | Report Abuse

E&O mentality must be strong .......

Posted by kalim288 > 2014-06-16 16:57 | Report Abuse

hold longer .........

Posted by Barbarian > 2014-06-16 19:53 | Report Abuse

Walao....E&O 760acres already so much hoo ha.....now country garden want to do 5000 acres reclaim island off Johor.

http://www.thestar.com.my/Business/Business-News/2014/06/16/China-developer-and-KPRJ-plan-to-reclaim-5000-acres-for-a-manmade-island-project-off-Johor/

Posted by samsung555 > 2014-06-17 16:15 | Report Abuse

Country Garden Holdings Co Ltd and Kumpulan Prasarana Rakyat Johor (KPRJ) have drawn out plans for a massive reclamation project to build luxury homes near Pendas in southern Johor near Singapore.

http://www.thestar.com.my/Business/Business-News/2014/03/19/Country-Garden-KPRJ-plan-massive-reclamation-development-for-luxury-homes/

Posted by gweilo > 2014-06-20 13:56 | Report Abuse

This be one of my favorite stocks along with Insas and MPHBCAP

Posted by Barbarian > 2014-06-20 14:57 | Report Abuse

Now waiting for the first batch of sand to be dump near Tanjung Tokong

Posted by gweilo > 2014-06-20 18:55 | Report Abuse

I am thinking of buying a property in Penang. Would this be a good choice?

Posted by Barbarian > 2014-06-20 19:26 | Report Abuse

Kekekeke......depends which country you r from lor.......if UK and from London, Penang is cheap leh, if from US fair only because US hse so big but if from Singapore it will still be half price......lol

Posted by gweilo > 2014-06-20 21:08 | Report Abuse

Well I was thinking about leisure farms in johor but penang is safer no and especially on this man made island?

Posted by samsung555 > 2014-06-21 17:20 | Report Abuse

Forest City is an ambitious project off Johor that will see massive land reclamation to build islands holding luxury homes and more. It has caught the eye of neighbouring Singapore but for the wrong reasons; the island republic is concerned over the project’s impact on the environment.

http://www.thestar.com.my/News/Nation/2014/06/21/Spore-concern-over-Johor-project-Land-reclamation-work-near-Second-Link-may-have-potential-transboun/

Posted by saturny > 2014-06-22 03:23 | Report Abuse

The Exchange Part 2
Now that the scene and the script of PNB being the Chief Maker and mooting a super conglomerate to take the global is set, the only way forward is to thwart the pieces of the jigsaw forward, piece by piece. The intention will be clearer once, more pieces fit into the parcel. However, this does not mean they are not clear what needs to be done just because they throw these pieces by part giving a confusing and contradicting signal.

Moving such a big piece together would require the moving ships to be intact while they move in together. This means that the captains of the ships must first be leading and not aborting the mission mid way thus creating a mis-direction and back to the drawing board. This is exactly the case in SP Setia, where the expected major consolidation of project and closing the ranks amongst the management did not achieve it's target when Liew left. It is not that Liew is irreplaceable but the timing was not. As I mentioned in my last writing, when mergers happen, it is very key that there are no revenue leakage. These leakages may come from areas in financial that are not locked in and accounted for due to poor planning, or major changes like CEO dropping off mid way thus failing to get the number planned properly induced into the financial reporting. Unlike operating revenue where everything is BAU ( business as usual) an incomplete major project (like a massive merger) and task can drive the whole revenue frenzy. After all, it is a plan and execute stage.

Why keep Terry with an offer at rm2.90/ shrs and throwing the whole privatization of EnO to Sime into open books?
Again I refer you back to my earlier writing that I believe Terry is key not only because of EnO, but also London projects. He has shown in his prude and yet shrewd business acumen sense in his nego especially those required for STP approval and Prince Hse in London, that he is the man for the major merger project.
The selling of the 10% from Sime to EnO plays two role
1) to retain Terry for the mentioned major task and reason
2) if I&P is to lead the buyout, they will still have to buyout Sime for the same price it would have to pay EnO if the former did not sell the 10% to supposedly Terry and his Management team. Example. Now Sime sells 10% to EnO at 2.90 and the buyout happens, and the offer is say 4, PNB or I&P will still have to pay 4/ shr to EnO and Sime for the EnO shrs right? So what is the difference? None to be clear and more to gain because by reducing Sime to 22% stakeholder of EnO, they secured Terry to continue and at the same time appease the Penang State Goverment to quicken the approval as the imminent threat of a possible buyout of EnO by Sime (a GLC) has been diffused. To note, is that Sime being a GLC possibly buying out EnO is REAL and a threat to Penang State Goverment as the current Federal Govt is on a drive to win back Penang State and what better way to get more support in and provide jobs and positive influence.

Posted by Barbarian > 2014-06-23 12:59 | Report Abuse

Ai Ai sir....

Posted by SaturnY > 2014-06-23 15:04 | Report Abuse

Happy Worldcup!! Wow so many good teams playing like they have not warmed up yet. See how much difference a chief maker ie Coach is comparing the last two World Cup. I like Korea because they are an Asian underdog and their previous World Cup endevour with coach Gus Hiddink certainly made a ton of difference.

So what I have mentioned about the Chief Maker for the Super Conglomerate to merge and deliver is the same thing. Just like a football match, nothing is certain at every turn. I know I know, some of you are saying football is controlled by bookies right?......so is the property sector but instead of bookies, they use brokers. These guys are able to suggest, propose, do a blueprint and bring the parties to buy in. Of course these brokers want it as big as possible because by the shear size mean the trasaction will be sizable and the commission will equally follow.

So why stop at PNB, why not Felda Global......now the suggestion is not just merely a take away from reading this. We have now moved into a global world. We know and need aggressive stand on how to tackle the global properties. We know that China developers are moving in all over the world to take position especially during the most difficult of times and property bubble suggested by many.
Why now for China? In China's view, and also many experts, the toughest time is the best time to take position. After all the property will only complete in 3 years at very least. This means that the bubble would be a past by then, and they have taken a strong footing. Moreover, being a new investment in a new country, the expectation is not as high and they may be the leader to bring down the price of property. Notice how so often, a company comes into Malaysia to moderate the prices that are escalating? We have seen this in Daisho, KIA, Hyundai, etc. However in the property, we are comparing development cost and the end product price. China companies may lose out only in Landbank and the price they are buying their Landbank in psf maybe higher since they came in late. They have circumvent some of the situation by partnering local partners while some of the raw building materials are brought in from China at very cheap cost. On top of that you get a case like Forrest City, whereby instead of buying the land at high price in Johor, they reclaim the land thru local connection which maybe cheaper than otherwise and they even did so without DEIA.

We have seen how Proton practice "Protectionism" by raising the tax and duty of Korean cars and other Japanese cars. Imagine firstly the Korean came in much later into the car segment than Japan but already build a strong base all over the world and poise to overtake the Japanese. (I can say the same for phones but I think the point is clear) Secondly can you imagine if. Malaysia did not have this protectionism in place to cover for a losing Proton, the price of a equivalent specs to proton may be 50% or less of their price. If a Proton cost RM60k, the Korean car can be RM30k or less.

All that being said, Property Development is going to set a new order, after these very challenging times in Malaysia. Loan base among Financial Instituitions are shrinking, not unless you are RHB working on all lower spectrum of low interest rate. They are targetting to be no 3/4 (So if you are taking loan, pls remember to consider RHB, THEY are the LOWEST!! )
Ok ok back to the topic, moving forward, we will be in jeapordy, by WE I means local Property Developers. Previously we thought we are immovable, untouchable because of landbanks we hold, but now we know landbanks are only a part of the total build of and selling of end finish products. We also have to consider the buyers, the material cost, the exchange rate, the loans, and the options for buyers. Buyers today can end up buying all the way to London or Australia is the price and growth is faster elsewhere. Also note those countries mention, the buyer only service the the principal after the property is ready which means, they can rent the vacant possession and pay for the loan.

So now do you still think PNB bringing its individual subsidiaries together as far fetch and not required? In fact, in an instant, I did mention that a property developer should focus their management on national and global and not lump all as property developer . Have a thought!!

Posted by Eddie Voon > 2014-06-23 17:18 | Report Abuse

Big drop today.

Posted by kalim288 > 2014-06-23 17:41 | Report Abuse

what happen with E&O today?

Posted by barbarian > 2014-06-23 19:24 | Report Abuse

Bought in some more for phase 4.

Posted by barbarian > 2014-06-23 21:19 | Report Abuse

I think it will drop further....

Posted by samsung555 > 2014-06-23 22:12 | Report Abuse

still at accumulate stage, need to be patient. recently market volume got increase, still not so hot. Maybe after Hari Raya Puasa will be the good condition for E&O stock will be fly to sky........

Posted by yongyou > 2014-06-24 12:29 | Report Abuse

oh no, what happened to my E&O.

Posted by linjie > 2014-06-24 13:40 | Report Abuse

.........................................................

Posted by Somdejking King > 2014-06-24 15:20 | Report Abuse

the last price of rm2.68 was at 10th june.

Posted by Somdejking King > 2014-06-24 15:24 | Report Abuse

support at rm2.68 , today 3.1 million shares.

Posted by Eddie Voon > 2014-06-24 16:17 | Report Abuse

not in good shape