Posted by antidebts > 2015-11-01 17:57 | Report Abuse

Plus RM 1.084 billion from stp2 meaning RM 2.4 billion debts coming soon. Sales not going up anytime meaning interest say at 4% per annum meaning yearly interest at RM 96 million.

Posted by mightymouses > 2015-11-01 17:59 | Report Abuse

This is June story lar. Old story lar. Even I know the latest. Did you read the comments and reports Ka? Didn't? Read lar where the debt coming where it has gone and why 0.38 and 0.4 ratio. Aiyayaya provide newer info can ah??

Posted by antidebts > 2015-11-01 18:01 | Report Abuse

I am basing on 4% interest rate. What if interest rate 5% or 6%? If 5% RM 120 million or 6% RM 144 million on interest alone. How long can get money from stp2? 2016? 2017? 2018 or even 2020 and beyond?

Posted by mightymouses > 2015-11-01 18:01 | Report Abuse

This anti_debt really behind time lar. You cannot make money like that. The new story all projected liao. The question I want to know is if the buy at RM1 how much can they sell? That's business. Give me something to chew on can or not. Old story you make ppl lose money ....OK??

Posted by mightymouses > 2015-11-01 18:07 | Report Abuse

Anti debt, The way you talk, all business also lose money.. No one got borrowing and bank is dead. I build my business in the 80s and boosted after 1997 because it was also an opportunity for those cash rich and those who can sustain that period especially in year 2000. Give me something I should be worried not bank interest lar. If bank interest is problem everyone is dead not only E&O . Pahamka?

Posted by Ivory > 2015-11-01 18:16 | Report Abuse

mightymouses if what you said is true why not consider Ivory. Both are Penang based developers. Advantage is Ivory only 37 sen only 23% E&O price.

Posted by mightymouses > 2015-11-01 18:24 | Report Abuse

Ivory, if your are called Ivory, believe me you really don't want me to spill the beans on your company. It is not favorable

Posted by Ivory > 2015-11-01 18:53 | Report Abuse

mightymouses why is not favourable? Sales is going up but low price means good for those buying now. Unlike E&O wait for half price safer buy.

Posted by Ivory > 2015-11-01 19:10 | Report Abuse

mightymouses is your so call make money from BTM buy at current price? E&O need to service their loan first before getting money from stp2 next 4-5 years. Like housebuyers do they pay you when they have yet to see the house built? In E&O case land yet in sight meaning few years(spending money) to reclaim land before can start to build any house.

Posted by mightymouses > Nov 1, 2015 05:48 PM | Report Abuse

I already made 750k from BTM in less than 6mths. I am looking for my next best stock. So continue to promote or critisize because I learn a lot from different perspective

Posted by mightymouses > 2015-11-01 20:04 | Report Abuse

Ivory, you also need to brush up on your understanding just like anti_debt before you start asking. Immediately I can see you don't understand loan
Learn first
1. Bank disbursement for funds for new homes not completed yet/ not hand over yet
2. Bank disbursement for ready completed hand over home or second hand homes

Otherwise you are wasting my time.
Anyone who is at the correct level should criticize or promote

Posted by mightymouses > 2015-11-01 20:13 | Report Abuse

And don't talk about Ivory because once I start on it you will regret buying into them. That's for sure. At this point I only want to know E&O good or bad .

Posted by william_cheng > 2015-11-01 20:42 | Report Abuse

Question ask first. Why still no reply?

Posted by william_cheng > Nov 1, 2015 05:27 PM | Report Abuse X

Very inconsistent(liars) ks55. He said bank loan is bad but why bank loan not bad for E&O?

Posted by ks55 > Oct 30, 2015 11:57 AM | Report Abuse

Tan Sri.
I am already retired so I don't need any bank loan.
You are already 73 year old, why still have to suffer sleepless nights?
Leave your business (and debt) to the young ones.
You cannot keep on looking after them.
Let them grow up and earn their living in their own right.

Posted by Lansbury > 2015-11-01 20:55 | Report Abuse

This is considered a very epic expansion. All the work, all the patience has been boiling down to this. The 2.90 TT paid to Sime, the delayed retirement, the London expansion, will lead to the epic expansion and multi year revenue generator.

Posted by Ivory > 2015-11-01 20:57 | Report Abuse

mightymouses can you answer have E&O launch house sale on STP2?

mightymouses Ivory, you also need to brush up on your understanding just like anti_debt before you start asking. Immediately I can see you don't understand loan
Learn first
1. Bank disbursement for funds for new homes not completed yet/ not hand over yet
2. Bank disbursement for ready completed hand over home or second hand homes

Otherwise you are wasting my time.
Anyone who is at the correct level should criticize or promote

Posted by Rajuan_Singh > 2015-11-01 21:00 | Report Abuse

Ivory, spend some time to read the comments. Many have spent valuable time sharing the info you are asking. I have also compiled the comment and share and yet we still see all this questions for quick answers. There is no short cut. Read and find out where others have taken the trouble to share.

Posted by Rajuan_Singh > 2015-11-01 21:04 | Report Abuse

Ivory, what are you asking? Pls don't make yourself silly here

Posted by Ivory > Nov 1, 2015 08:57 PM | Report Abuse

mightymouses can you answer have E&O launch house sale on STP2?

Posted by mightymouses > 2015-11-01 21:07 | Report Abuse

Sudah kena!

Posted by mightymouses > 2015-11-01 21:14 | Report Abuse

I haven't grown to love E&O yet, but I know Ivory is a lousy company. BTM is a good lousy company but you can make money whereas Ivory is a lousy company period!!!
You want to know why they are 30+cents? Really want to know? They are not capable to stand on their own. Even when state govt gave them100% approval for PWC because the state govt is pro Penang Developers, what happen? They got tricked into 55/45 deal with Tropicana. What is even worst is Tropicana took 55% and Ivory who got the 100% approval became the minority at 45%.
Ivory, good that a no brainier like you should continue with Ivory. It helps to absorbed the pain because of stupidity.....kikikiki!!!!!!!

Posted by Hiro > 2015-11-01 22:35 | Report Abuse

More news on E&O ..

https://translate.google.com/translate?hl=en&sl=zh-CN&tl=en&u=http%3A%2F%2Fwww.kwongwah.com.my%2F

Posted by Hiro > 2015-11-01 22:35 | Report Abuse

It will be seamless to main land and all the bypass

Posted by HakChai > 2015-11-01 23:02 | Report Abuse

That's good news.

Posted by Lansbury > 2015-11-01 23:23 | Report Abuse

Epic epic expansion at low price, fantastic low debt ratio

Posted by Lansbury > 2015-11-01 23:25 | Report Abuse

Reminds me of Axiata splitting from Celcom!!

Posted by gueitan > 2015-11-01 23:32 | Report Abuse

0016 symphony want to goreng

Posted by Wondermama > 2015-11-02 09:01 | Report Abuse

Hold on to your seats! It is still within 1.62 and 1.68 still stand

Posted by chasz > 2015-11-02 10:27 | Report Abuse

down some more...thought wnna fly,,but it flush down.need more patience to hold this share

Posted by Wondermama > 2015-11-02 11:44 | Report Abuse

Low buy rate, high volume may translate to panic selling or buyer holding firm ground at each level. If price goes up slowly at low buy rate it is the latter

Posted by Wondermama > 2015-11-02 11:46 | Report Abuse

1.64/65 will be more convincing if hurdle can be overcome. 1.68 breakout??

Posted by Wondermama > 2015-11-02 11:54 | Report Abuse

If it break 1.64/65 again on second try will have more leverage for breakout at 1.68.

Posted by Gregorian > 2015-11-02 12:29 | Report Abuse

Nov or December announcement would put the footing back to the pre 16 Jul 2014 rally to peak at RM3.18-3.21. The TP2.60 may be led by WB this round

Posted by Rajuan_Singh > 2015-11-02 13:24 | Report Abuse

Buy the warrant. Refer to all the comment and work the numbers backwards and the warrant will be 60 to65cents at mother rm2.60

Posted by Wondermama > 2015-11-02 16:56 | Report Abuse

Another stock at 50/50 at 1.60. Large buy queue volume at 1.8M suggesting someone is supporting to ensure it does not drop below 1.59.

Posted by Wondermama > 2015-11-02 16:57 | Report Abuse

Will wait another day to see what unfolds

Posted by Airo Chasz > 2015-11-02 17:26 | Report Abuse

Y all mentioned tp2.6..now even 1.60 cant get through

Posted by Hiro > 2015-11-02 20:15 | Report Abuse

This was what has been said here by the sinful and experts and now Amresearch says the same thing. TP2.78. They are not worried bat the debt because the pre selling of 88acres is sufficient to cover with RM1.5b vs loan of RM1.084. On top of that the experts here say 88acres of 384acrs = 88/384 =22.91%. This means that completing 22.91% reclaimation, they can more than cover the loan of RM1.084b with surplus . Also the balance 77.09% of the 384acres will be pure land bank profit if they were to sell.


http://www.thestar.com.my/Business/Business-News/2015/10/29/AmResearch-maintains-Buy-call-on-E-O/?style=biz

Posted by Hiro > 2015-11-02 20:16 | Report Abuse

Sinful = sifu (typo error)

Posted by Hiro > 2015-11-03 12:01 | Report Abuse

Queue for the warrant whole morning still no luck. Looks like 23 cents is the only choice.?

Posted by Hiro > 2015-11-03 12:06 | Report Abuse

Sifu Wondermama, anything in particular you are looking out for?


Wondermama Will wait another day to see what unfolds
02/11/2015 16:57

Posted by Wondermama > 2015-11-03 14:50 | Report Abuse

E&O was at the border before closing yesterday. It went up above the support at closing. 1.64/65 closing is ideal today for second go

Posted by Wondermama > 2015-11-03 15:00 | Report Abuse

Sufficient base to bypass 1.62. Abort at 1.57

Posted by chasz > 2015-11-03 21:06 | Report Abuse

how now wondermama ?

Posted by Hiro > 2015-11-03 21:52 | Report Abuse

Thanks Wondermama. Can see buyer not interested to buy higher as if they are just waiting for fruit to fall from tree and not climb to pick them.

Posted by chasz > 2015-11-04 09:20 | Report Abuse

lousy

Posted by Wondermama > 2015-11-04 09:25 | Report Abuse

It is forming a symmetrical triangle. The past few day Hv been quite heavy with volume alternating between overbought and oversold suggesting balance in support of triangle. If it pursue, it will breakout at 1.62 or breakdown at 1.57.

Posted by chasz > 2015-11-04 09:50 | Report Abuse

breakdown confirm

Posted by Wondermama > 2015-11-04 10:37 | Report Abuse

Today must end higher than yesterday at least 1.62. Failure to so, may set tone for decending triangle. Many will bail out if failed. Today is deciding day.

Posted by chasz > 2015-11-04 11:27 | Report Abuse

confirm laousai

Posted by Hiro > 2015-11-04 14:47 | Report Abuse

Gregorian sifu,
Kindly share if the announcement this month or next is about the partner secured? Thx

Gregorian Nov or December announcement would put the footing back to the pre 16 Jul 2014 rally to peak at RM3.18-3.21. The TP2.60 may be led by WB this round
02/11/2015 12:29

Posted by EnO_TurboBlast > 2015-11-04 15:02 | Report Abuse

Dear All, pls don't be despair yet. Let me explain with facts
1. Look at the Sell volume vs Buy volume done - the sell volume is double the buy volume and if you look at the buying and selling by time, you will see the buy done is at 100 shrs or 200shrs each time only to bring the price down and that's why the buy volume is so low.
2. Look at the buy rate - the buy rate is at oversold position ie approx 30% or lower due to the frequency of the sell which is lower but higher volume
3. Look at Total Volume - again the volume pass 1.2 Million by mid day and volume for past 3 days have been above a million and yesterday was above 2Million


Base on the 3 points below I believe somebody is collecting silently for the Nov or Dec announcement. This can be seen as they collector does not pursue to buying but rather wait at each point to buy hence the buy rate is near at Oversold position while selling volume is high. This should shed some light

Posted by EnO_TurboBlast > 2015-11-04 15:12 | Report Abuse

Relax ks55, I am not saying this is TA shared. This is an area where we determine what some Hv shared of the high buy volume and queue but they did not commit by buying at a higher price and the rationale is what I Hv explain. Also look at the number of buyer vs number of seller. Number of buyer very little past few days but their volume is huge should tell you something