Posted by Conmantham > 2015-03-16 07:34 | Report Abuse

What happened?

Posted by Conmantham > 2015-03-16 07:55 | Report Abuse

Eric chan puppet?

Posted by abctypo > 2015-03-18 16:51 | Report Abuse

Announcement
Subject

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

EASTERN & ORIENTAL BERHAD ("E&O")
PROPOSED ACQUISITION BY HAMMERSMITH PROPERTIES LIMITED, A WHOLLY-OWNED SUBSIDIARY OF EASTERN & ORIENTAL PROPERTY (UK) LTD, WHICH IN TURN IS A WHOLLY-OWNED SUBSIDIARY OF E&O OF TWO OFFICE BUILDINGS KNOWN AS LANDMARK HOUSE AT HAMMERSMITH BRIDGE ROAD, LONDON W6 9EJ AND THAMES TOWER AT BLACKS ROAD, LONDON W6 9EL, UNITED KINGDOM
We refer to the announcement dated 19 January 2015. Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the said announcement.

The Board of Directors of E&O wishes to announce that the Proposed Acquisition has been completed on 13 March 2015.

This announcement is dated 16 March 2015.

Posted by rocketboy91 > 2015-03-19 12:45 | Report Abuse

Abctypo do you know what price consider high? Given they have enlarge theirs assets for recurring income and also the order book they have

Posted by Lambito > 2015-03-19 20:56 | Report Abuse

Reversal coming..immediate 2.30

Posted by Lambito > 2015-03-19 21:11 | Report Abuse

Next week tender submission, May expecting very good results, July tender award

Posted by Lambito > 2015-03-19 21:14 | Report Abuse

2.11 to 2.30 to 2.60 to 3.00 to 3.50

Posted by Lambito > 2015-03-19 21:21 | Report Abuse

3.50 minimum by dec 2015..if award first land to secondary developer possible 3.80 this year but depends on news

Posted by Barbarian > 2015-03-21 18:50 | Report Abuse

Look at the way E&O handle STP2 process and compare this with Forest City. E&O is going thru the proper process channel of DEIA and now tender and award

Posted by Barbarian > 2015-03-23 07:45 | Report Abuse

Lai Liao.....another rm0.04 added to EPS and disposal to garner 49million

Posted by Barbarian > 2015-03-23 07:47 | Report Abuse

E&O said the shareholders' agreement was executed simultaneously with the execution of a sale and purchase agreement, dated March 20, 2015, between Samudra and MFA for the disposal by Samudra to MFA of a 49% stake in Patsawan, or 68,600 ordinary shares of RM1 each, for RM82.37 million.
Of that, RM53.92 million was consideration for the sale of the equity stake while RM28.46 million was for a loan to be advanced by MFA to Patsawan to repay an existing loan that was granted by Samudra to Patsawan.
E&O expects to realise an estimated one-off gain of approximately RM48.8 million from the proposed stake disposal.
"The proposed disposal is expected to contribute additional earning of approximately RM0.04 per share to the E&O Group for the financial year ending 31 March 2015. In addition, the proposed development on the land is also expected to contribute positively to the future earnings of the E&O Group," it said.


Full article: http://www.malaysia-chronicle.com/index.php?option=com_k2&view=item&id=480681:eo-mitsui-seal-3rd-deal-to-develop-serviced-apartments-in-kl&Itemid=3#ixzz3VA4KYrJ5
Follow us: @MsiaChronicle on Twitter

Posted by giorgio > 2015-03-23 14:40 | Report Abuse

dissappointed

Posted by Lambito > 2015-03-23 21:54 | Report Abuse

Don't be. Today I grab as much as I could and leaving balance for tomorrow

Posted by Lambito > 2015-03-23 22:05 | Report Abuse

3rd deal with Fudosan, STP2 tender award soon, 970Miliion unbilled, UK foray,... Expecting at least passed MYR3 by May

Posted by Lambito > 2015-03-24 07:44 | Report Abuse

It's anytime now, don't regret my remisier say sure go bigg

Posted by Lambito > 2015-03-24 07:47 | Report Abuse

http://m.thestar.com.my/story.aspx?hl=Tieup+set+to+boost+EO+clientele&sec=business&id=%7BAB7F4E4C-5F94-4D71-84D0-B1DD13DBFDA6%7D

Posted by Kelvin8787 > 2015-03-24 11:07 | Report Abuse

keep go down.......... habis

Posted by Kelvin8787 > 2015-03-25 15:20 | Report Abuse

keep down haha ~~ if remisier can trust they already rich . no need to do remisier

Posted by Rockford > 2015-03-25 15:32 | Report Abuse

Lambito, as requested, the counter chart show a uptrend channel up to 19 Jan this year but went into ambiguity there after. Believe financial results has something to do with it also but happen at end of Feb. From step by step perspective and the key new in the summary, i gather together with the almost overbought position currently with volume that panic selling is happening. Also i see the price drag below for too long as another possibility.

Posted by Kelvin8787 > 2015-03-25 15:37 | Report Abuse

dont talk so much , just cut it

Posted by Kelvin8787 > 2015-03-25 15:38 | Report Abuse

wait at 1.70

Posted by Rockford > 2015-03-25 15:39 | Report Abuse

will be able to tell more tomorrow after the panic is over

Posted by cheeseburger > 2015-03-25 15:39 | Report Abuse

big sale

Posted by tan5995 > 2015-03-25 20:49 | Report Abuse

lousy stock ! 52 weeks lower

Posted by share2014 > 2015-03-25 23:26 | Report Abuse

Why is it down

Posted by optimusprime > 2015-03-26 01:18 | Report Abuse

really bad.. wait 1.50

Posted by Rockford > 2015-03-26 09:35 | Report Abuse

Panic selling still happening. Need to clear first to get clearer picture. I will respond again at mid day

Posted by share2014 > 2015-03-26 09:57 | Report Abuse

Already calm

Posted by Rockford > 2015-03-26 13:28 | Report Abuse

Lambito, my view and opinion as follow, E&O is on an investment and growth path, this would mean many corporate exercises, S&P, JV and even expansion abroad. The rest you can read as I found much info. In my opinion and experience in a situation like this may hv turbulence in price as many expectation but if they can come together showing surplus which I believe will happen in coming results and as what you hv stated, may project something good. Leaving aside the organization strategy and future, I did a snapshot of yesterday and today while looking at the past performance in the share price against volume, my conclusion is the counter price has drag too long against the market anticipation. Technically the panic selling has subsided and turning around but unlike HapSeng and Hevea they will need to show inclination of price and volume towards the neutral region of buy rate. This will go anywhere near 50+ with step up in the 2 indicators. Good luck

Posted by Lambito > 2015-03-26 14:08 | Report Abuse

Terima Kasih. I will monitor.

Posted by share2014 > 2015-03-26 19:53 | Report Abuse

About time to go up oversold already

Posted by Kelvin8787 > 2015-03-26 21:38 | Report Abuse

wait 1.85

Posted by mililia > 2015-03-27 07:56 | Report Abuse

GK Goh starts acquiring now...

Posted by tan5995 > 2015-03-27 10:50 | Report Abuse

compare with KSL,TAMBUN, ECOWORLD, malu lah !

Posted by Rockford > 2015-03-27 15:15 | Report Abuse

Additional information, E&O maybe bullish with inclination at neutral buy rate and high volume. If it goes into overbought territory with the current increment in volume, I believe it will be run up to higher of 2.09-2.16 but if just volume increment with neutral buy rate maybe slow

Posted by Rockford > 2015-03-27 15:18 | Report Abuse

Also if volume increment is low at neutral buy rate likely it will fall

Posted by Lambito > 2015-03-27 23:52 | Report Abuse

Sifu Rockford come here today got heartbeat. Somemore Bursa announcement land disposal completed liao, for March closing. Bottom line sure sui sui liao

Posted by Rockford > 2015-03-29 12:05 | Report Abuse

You will need another 1-2 days to be sure. In my opinion, it is a turnaround fr overbought few days ago to neutral and then down sell region. Most importantly in those position price incline with volume. I hope to see Monday low buy rate, high volume and price incline working up the buy rate chain fr there

Posted by Lambito > 2015-03-30 14:07 | Report Abuse

Sifu Rockford, pls comment for today. Appreciate thx

Posted by UltimateJourney > 2015-03-30 17:07 | Report Abuse

Towards end of trading session today, a slight drop....perhaps due some 'contra' players selling off so as to avoid forced selling tomorrow. Of the view, trading will be ranging btwn 2.01 to 2.05 for whole of this week. Fundamentals still exceptionally good at E&O.

Posted by Rockford > 2015-03-30 18:35 | Report Abuse

Was busy looking at Hevea to update E&O. Lambito, hope you did well in Hevea also
On E&O side , today's volume is reasonable but it tells me base on the low buy rate (oversold ) that it is bottoming but not ready to move yet. As I told you 1-2 days to be sure I will update again tomorrow

Posted by Rockford > 2015-04-01 13:56 | Report Abuse

Lambito, as mentioned on Monday that it is bottoming, today the rise is accompanied by volume but overheating at this point. If it can reduce the overheating and increase the buy rate again from bottom would be good.

Posted by Lambito > 2015-04-01 15:03 | Report Abuse

Rockford my remisier says that the land exchange sales of RM48M will be recognise for March closing. I think thats the reason and some parts of the unbilled of RM901Million will break in for the May financial reporting. Ask me to hold tight. Thanks for your help. If not too much can help on Mudajaya also.

Posted by Rockford > 2015-04-01 15:28 | Report Abuse

I will try my best. No promises as I m a bit tight this week

Posted by Lambito > 2015-04-02 07:55 | Report Abuse

Closing of the RFP only 6 out of 55 contractors. Should be fast

http://www.theborneopost.com/2015/04/01/big-three-among-contenders-for-ptmp-project/

Posted by Lambito > 2015-04-02 07:58 | Report Abuse

Fyi my remisier who advice me drives a Jaguar and A6 and lives in Sierramas. All money he make fr market

Posted by Rockford > 2015-04-02 15:27 | Report Abuse

E&O seem to hv settled into the bottom. Caution must be taken if taking too long to increase buy rate

Posted by Rockford > 2015-04-03 18:03 | Report Abuse

Today supported my opinions of turnaround for this stock. Signs are there but slow. they hv to ensure stay above 1.99.

Posted by Rockford > 2015-04-07 11:29 | Report Abuse

Lambito, too slow this counter

Posted by dusti > 2015-04-14 16:16 | Report Abuse

Would anyone buy a share for 2.90 if it is deemed to be worth only 1.90?