EASTERN & ORIENTAL BHD

KLSE (MYR): E&O (3417)

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Last Price

0.96

Today's Change

-0.02 (2.04%)

Day's Change

0.955 - 0.98

Trading Volume

4,736,400


18 people like this.

9,802 comment(s). Last comment by turbochart 1 week ago

mililia

227 posts

Posted by mililia > 2015-05-05 23:32 | Report Abuse

I was just explaining to another investor of this stock. I've just pointed out to him that there is positive sign for E&O. Here is the snippet on my email to him...you can check my point using Chartnexus:-

"On daily chart - The support is at RM1.90 and second support is RM1.86. To me, the most important support is at RM1.86. Breaching that means it is heading to RM1.80. If you are to look on the candlestick, it forms hammer then a long black candle but stop at RM1.90. I have reason to believe it is consolidating at this level.

Why? Simple.. looking at RSI vs price chart - it is showing divergence. MACD vs price chart - it is showing divergence and finally it is trading at the lower band of Bollinger. Volume is also coming off when it is trending down. So, RM1.86 is very possible while I am hoping RM1.90 is a strong support. The real kicker will come in if the result that is due in few days time beats expectation. Then you will see a strong rebound.

I don't want to over-promoting this stock. But I am getting more bullish on this stock. If you are fundamental person, then as it go lower, it gets cheaper. If you are a technical person, then what I have explain will provide some comfort, while waiting for the announcement of the result. Again, because I a strong believer of this stock, I'm betting big on the warrant."

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-06 07:54 | Report Abuse

Ok ok warrant ..I receive you message...

dusti

2,404 posts

Posted by dusti > 2015-05-06 15:45 | Report Abuse

The word "manipulate" aptly describes what has been happening here for the last few months. The believers have patience, the frustrated/confused, please call the SC to check

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-06 15:55 | Report Abuse

Dusti, call SC ask them wht??

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-06 15:56 | Report Abuse

I think TT playing the counter is it? Call to lodge report on him?

pykhoo

8 posts

Posted by pykhoo > 2015-05-06 17:21 | Report Abuse

Thanks god, finally up 3 sent. Hopefully increase more tomorrow.

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-06 18:39 | Report Abuse

Luckily not in ...up 3cent down 5 cents....

wisdomtot

645 posts

Posted by wisdomtot > 2015-05-06 21:21 | Report Abuse

but never below 1.90 =) there's a cash rich shark maintaining the price above 1.90..

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-06 22:50 | Report Abuse

Result must be super good?

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-07 18:24 | Report Abuse

But why only Terry Tham buy his own shares only??

dusti

2,404 posts

Posted by dusti > 2015-05-08 10:57 | Report Abuse

Next quarter results due around May 22. Should be better.........are you not getting your piece of the pie? Good luck!

Posted by PakChuiCheng > 2015-05-10 10:15 | Report Abuse

When is this happening? Very tired of the game to be honest

Posted by truthseeker1 > 2015-05-10 10:42 | Report Abuse

Sunkist118 But why only Terry Tham buy his own shares only??

If he kena margin call how? EPF no longer support E&O.

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-10 11:45 | Report Abuse

He rich mah.

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-10 22:31 | Report Abuse

Better no EPF here leh....I still no decide to buy yet but better no Epf. Becoz LTH d kena ...tomorrow we see LTH related counter kena taroh oh. Before that EPF test water on withdrawal age from 55 to 60. Now we know Ho why they test water lor. Those with EPF Buyin also gotto be careful

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-11 17:02 | Report Abuse

Finally bought in to E&O after see queue at 1.95.

pykhoo

8 posts

Posted by pykhoo > 2015-05-12 17:16 | Report Abuse

OMG! One day drop 5 sen.

jeannie

459 posts

Posted by jeannie > 2015-05-13 09:33 | Report Abuse

scary la...looks potential but dunno why it keeps dropping.

dusti

2,404 posts

Posted by dusti > 2015-05-13 09:33 | Report Abuse

Yesterday's volume was nearly twice the daily average......maybe big BUAYA in water. Be careful and bring BUAYA repellant if planning to swim. Have fun!

Posted by spaghetti932 > 2015-05-13 21:53 | Report Abuse

still down ... so what the theory this time :P

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-14 09:43 | Report Abuse

Wht talking lar....Tropicana already show sterling result lar

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-15 16:40 | Report Abuse

Terry tham very smart con

dusti

2,404 posts

Posted by dusti > 2015-05-19 18:10 | Report Abuse

Volume today is nearly twice the daily average.......anything exciting coming soon?

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-19 18:20 | Report Abuse

Result lor

wisdomtot

645 posts

Posted by wisdomtot > 2015-05-19 19:52 | Report Abuse

Time to stop going eastern and move up north!

mililia

227 posts

Posted by mililia > 2015-05-25 16:25 | Report Abuse

Very detail write up on E&O, have a read:-
https://stocktact.wordpress.com/2015/05/22/eo-berhad-time-to-revisit/

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-25 18:04 | Report Abuse

Result today out??

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-25 18:13 | Report Abuse

YES YES YES...profit 1.8 time more than last Q

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-25 18:16 | Report Abuse

34% growth fr last year profit

pykhoo

8 posts

Posted by pykhoo > 2015-05-25 19:04 | Report Abuse

Than why today drop so much?

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-25 19:25 | Report Abuse

Skdy kat mah... Now will Sime buy Ah after their property contributed 160% to the groupy?

http://www.theborneopost.com/2015/05/25/sime-darby-sees-lower-earnings-turnover-in-3qfy15/

limyuwei

135 posts

Posted by limyuwei > 2015-05-25 22:15 | Report Abuse

Net profit + 37 million compared to last year, but 56 million from disposal of Samudra Pelangi

Gregorian

69 posts

Posted by Gregorian > 2015-05-26 13:33 | Report Abuse

It will fly soon after the de consolidation of E&O UK

Gregorian

69 posts

Posted by Gregorian > 2015-05-26 13:34 | Report Abuse

No gearing fr there once de consolidate

Gregorian

69 posts

Posted by Gregorian > 2015-05-26 13:46 | Report Abuse

Saturn could b right ....read last paragraph


Posted by Saturn > May 4, 2015 10:07 PM | Report Abuse

This will be my final post.......the end has been foretold....very good for those who are latching on.....
Remember the story I told of the UK foray which eventually would split into two E&O, well call it E&O MY and E&O UK for now. TT and Eric has confirm what I have said a year ago stating that they are looking to buy a UK listed company and eventually be an independent entity in the sense that their PNL would be independent of the other.
Now what they have not said is when and why right?

My story went on to share why TT bought back the shares at rm2.90 with one of the reason being that Sime would not be able to do without a head honcho at helm for London projects. Some of you have also posted links of the growth of properties in London. Who would have been in better position to take helm of London purchases and development more than TT simply because TT is not only spending most of his time in London but have also developed myriad of major and successful projects under his belt.

All that I have written to this point carries no barrier to support why I see E&O will succeed moving forward except to offer some insights which eventually TT himself has announced what I said earlier. So I was right about the UK foray however that does not mean anything at this juncture. Why? Because the big picture has still not been clear to all as yet. Let's examine, in sequence

1. Bought 1st UK property
2. Completed the DEIA but delay in state approval
3. TT bought back 10% from Sime reducing Sime holding to approx 22% from 32%
4. TT offered these block to the senior management
5. E&O got the all important approval from state Goverment for the development of STP2
6. Warrant listing
7. Bought 3rd UK property

Up to this point, the share price was on an uptrend channel while awaiting the tender. The tender dates were moved forward 3times (understandable since there were many contractors (Govt contractors, tender contractors...) and DEIA to observed. As this was going on, investors became impatient because Mar deadline (before Apr GST) was nearing. Though I did ask all to sell by Mar before the further decline starting Apr onwards due to the uncertainty in GST, however I am looking forward to May. So will it be "Sell In May" and come back in August after summer or will it be the start of the engine for E&O? Let's examine the below

8. Tender expected award is in July

From now till July is 3mths however May is also the financial result mth. For E&O, the financial report coming out in May is not only for Mar 2015 quarter but also a year closing ie FY 2015. From the accrued unbill and the expected financial performance, this may be the first kickstart for the share price to move again.

Up to this point it is actually business as usual expectation. I am only bringing things up to date.

But up to point 8 we expect and anticipate an organic growth. My last story went on to tell of how the GLC are going to come together to deliver a business more robust. To deliver this, everything needs to fall into place. This means STP2 all approved, reclamation tender awarded, UK purchases all complete, E&O UK properly registered, and now the GLC can just take over with everything served and ready for revenue. But just take one step back, the GLC's biggest problem is timing. The timing was poor during the departure of LIew fr SP Setia, the timing was poor with the tightening of loans, RPGT, and now GST....We know the GLCs does not have any good candidate who can replace Liew so much so that the have to keep Liew as Project Chairman for Battersea even though he has a conflict of interest now working on JV on Ballymore in UK. This part will be address with TT helming London with the exchange of buying E&O MY back and restarting an entity E&O UK with TT to helm. True? Let's us see if I am right

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-26 13:58 | Report Abuse

Walao so many many good predictor here in i3

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-26 14:38 | Report Abuse

Buy buy buy.....look at the queue

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-26 14:45 | Report Abuse

Ah Terry must announce fast fast lor like that. Everything must fast otherwise share ho sure fall one

Sunkist118

999 posts

Posted by Sunkist118 > 2015-05-26 14:48 | Report Abuse

I want to buy somemore but queue at 1.85 so many. If I go 1.86 Ah Terry must fast fast announce new news hoh

Gregorian

69 posts

Posted by Gregorian > 2015-05-27 00:03 | Report Abuse

It's coming.

Posted by lousy_stock > 2015-05-27 10:20 | Report Abuse

Coming down is true. Why buy expensive stock w/o dividend?

Posted by PakChuiCheng > 2015-05-27 10:24 | Report Abuse

Dividend coming 1 for 50 units. Avg 3.8 cent if use 1.94

Posted by lousy_stock > 2015-05-27 10:25 | Report Abuse

EPF selling & Sime not supporting how to go up?

Posted by lousy_stock > 2015-05-27 10:27 | Report Abuse

Sales down a lot. Bad sign coming?

Gregorian

69 posts

Posted by Gregorian > 2015-05-27 11:13 | Report Abuse

661 Chappel Street by Gamudaland in London. Sign of things to come. Booster shot

wisdomtot

645 posts

Posted by wisdomtot > 2015-05-28 15:28 | Report Abuse

directors buying wo...

limyuwei

135 posts

Posted by limyuwei > 2015-05-28 16:11 | Report Abuse

directors keep buying, share price still keep dropping. BTW share dividend is useless, our holding will become odd lots only.

supernova

1,923 posts

Posted by supernova > 2015-05-28 16:17 | Report Abuse

very odd phenomena in property counters nowaday. Ecoworld also got hit

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