Posted by Red_Hong_Bao > 2016-02-15 10:41 | Report Abuse

i think bad Deputy MD i heard...

Posted by Jinggo_Joe > 2016-02-15 17:57 | Report Abuse

Eric Chan?

Posted by SimonShuet > 2016-02-16 12:39 | Report Abuse

Rajuan, as requested.
First half assessment, low buy rate at low volume. No sizeable player.
This is due to KLCI trending up but E&O is not moving above 1.55.

Buy Queue Volume is 3times higher than Sell Queue. Buyers not willing to commit though they are interested to buy. Becoz Fear ?

Avg volume per hour is only 30k which is 10% of hrly volume when E&O moved the last round. Afraid to commit maybe the reason as buy queue is higher than sell.

On overall KLCI
- gainer ahead of loser 62/48. Buy rate of market is higher hence KLCI is moving north
- Untraded still high at 811. This one need to reduce to ensure those unsure of the market will participate. Yesterday Untraded was at approx 693 . If more traded at this good sentiment KLCI will move up further.

Summary
For E&O, it will not move without volume. This is because looking at each sell queue, it builds up over time. The longer it take the higher it get.
As for KLCI, if the Untraded goes down more than yesterday in a good sentiment, very likely it will contribute to higher buy rate of OVRALL market and that will push the KLCI higher. If KLCI remain at 1661 or lower, bullish buy rate did not increase but sell rate.

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Rajuan_Singh Simon, need your opinion again on E&O. Thx in advance

Posted by Brunomantis > 2016-02-16 16:11 | Report Abuse

Don't waste time on this counter. The MD Eric Chan is not leading the company right. 10% Share buy back fr Sime at RM2.90 now half price. Where got such lousy mgmt?

Posted by Brunomantis > 2016-02-16 19:26 | Report Abuse

We asking for Eric Chan to resign. Come next AGM we will make sure we openly request for this. The last Egm many were frustrated when we spoke amongst ourselves and true enough so many delays one after another. It is obvious the incompetent of the leader. Step down Eric!!!

Posted by HakChai > 2016-02-17 10:26 | Report Abuse

Sell!!!!

Posted by HakChai > 2016-02-17 10:28 | Report Abuse

I won't buy back again unless Terry makes all the announcement and Eric leaves

Posted by Kjsiah > 2016-02-17 10:54 | Report Abuse

aiya we already know Eric is weak. Ignore the guy if he quits the share will fly.

Posted by Step_Down_Eric > 2016-02-17 11:17 | Report Abuse

Step Down Eric, you are deemed useless for a progressive organisation like E&O. All your announcement delayed so many times despite all of us being patient. How can you lead the company on STP for multi year revenue generator. Embarrassing to see a MD like you leading

Posted by HakChai > 2016-02-17 14:39 | Report Abuse

aiyoyo so many calls for him to quit. Many frustration

Posted by Rajuan_Singh > 2016-02-17 22:15 | Report Abuse

Testing patience ....they should not burden investors w their poor execution

Posted by Wondermama > 2016-02-18 10:21 | Report Abuse

From the charts today looks like a good day for upswing but volume too low at the moment.

Posted by Wondermama > 2016-02-18 10:25 | Report Abuse

At the pt of comment price is 1.54 volume at 70k

Posted by Rajuan_Singh > 2016-02-18 10:41 | Report Abuse

Thanks Wondermama. Hope the sleeping MD wakes up and heard this

Posted by Wondermama > 2016-02-18 10:56 | Report Abuse

Need to break 1.58, 1.65 and 1.68. Key is 1.68

Posted by Kjsiah > 2016-02-18 14:57 | Report Abuse

The problem with this counter is every time it moves the mgmt allows it drop back because the they are green in marketing themselves. Country Garden just announce their move and So did EcoWorld. All sound so nice but E&O ??

Posted by Kjsiah > 2016-02-18 14:59 | Report Abuse

Aiyo now got clear path way up to 1.60 and nothing is done.

Posted by Kjsiah > 2016-02-18 14:59 | Report Abuse

the volume will pick up and we all be back to square one

Posted by gregorian > 2016-02-18 15:19 | Report Abuse

They will be starting the reclamation and announcement anytime now.

Posted by HakChai > 2016-02-18 15:23 | Report Abuse

Gregorian, you are the only patient one left here

Posted by HakChai > 2016-02-18 15:24 | Report Abuse

i don't think Eric Chan knows how to manage the large change fr STP and PLC. Killing everyone here

Posted by HakChai > 2016-02-18 15:26 | Report Abuse

do all of us a favour and leave so that a better leader can come in

Posted by HakChai > 2016-02-18 15:36 | Report Abuse

TT should not allow the clown to manage and lead after so many delays

Posted by HakChai > 2016-02-18 15:37 | Report Abuse

I hv left 5 lots just to come and bamboo you guys at AGM

Posted by HakChai > 2016-02-19 11:40 | Report Abuse

As soon as they sack the Eric Chan fella, sure fly. They got everything but still cannot move because the fella move like tortoise. If in the hand of Liew Kee Sin this will fly to RM4 because when he sell air also move if you remember SP Setia and Eco. what more if got STP2 and London in hand

Posted by JustinKoay > 2016-02-22 11:15 | Report Abuse

Pui Pui Pui on Eric Chan Kok Leong. Spit on the MF

Posted by JustinKoay > 2016-02-22 11:17 | Report Abuse

The cebai Eric Chan is totally incompetent

Posted by HakChai > 2016-02-22 11:38 | Report Abuse

Hahaha

Posted by Barbarian > 2016-02-22 12:24 | Report Abuse

we are all tired of waiting. We have waited for 3 years and now getting STP2 we are still waiting. Tiring.very tiring. Someone is not capable from my perspective

Posted by Rockford > 2016-02-22 14:39 | Report Abuse

Sad to see all bros some as far back as 2011 coming back to condemn. E&O must do something to speed up or else will become like Tropicana soon. Cannot go up long enough as a lot more ppl want to sell

Posted by Red_Hong_Bao > 2016-02-22 14:51 | Report Abuse

what happen to this counter? Why so many ppl fed up

Posted by SiewJin > 2016-02-22 14:56 | Report Abuse

Gosh this Penang developer is getting so many flak. I am fr Penang i am also curious why share price cannot move

Posted by HakChai > 2016-02-22 15:28 | Report Abuse

Hahahaha

Posted by EnO_Sucks > 2016-02-23 11:37 | Report Abuse

You guys should learn fr EnO lor. Learn How to Screwup Even when You Have Everything in Hand!!

Posted by EnO_Sucks > 2016-02-23 11:38 | Report Abuse

The MD leadership is unique and actually looks like he doesn't want EnO to succeed.

Posted by EnO_Sucks > 2016-02-23 11:45 | Report Abuse

Otherwise how do you explain shr price go up to 3.20 and EnO bought back at 2.90 fr Sime but allow the price to drop 60%. No prudent management would allow that leave alone now that they hv gotten all the approvals. I pity GK group which already fed up and they earlier continuous buying has stopped for a while now.

Posted by shield > 2016-02-23 14:18 | Report Abuse

I think this counter is not going to do well amid this market. bad result expected for this quarter.. some more they have got so much money to spend before can really seeing return for the island project.. will not buy in this coming 3 years

Posted by gregorian > 2016-02-23 23:06 | Report Abuse

Guys, first round started. Reclamation starts!
http://www.theedgemarkets.com/my/article/eo-begins-phase-1-reclamation-gurney-drive-project-next-month

Posted by gregorian > 2016-02-23 23:12 | Report Abuse

Item 1 Start work - to proceed as per link shared.
Item 2 anytime already
Item 3 should hv a large impact on share price.once announce


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Stock: [E&O]: EASTERN & ORIENTAL BHD
Jan 8, 2016 01:07 PM | Report Abuse

Dear Friends and Investors,

Firstly sorry for the delayed New Year greetings. I was up and about abroad in Europe on a long business trip. Came back last week and took a journey up to Penang to see for myself the reclamation. Though many of the markings and base already set up, at that point work has not start. I believe it's partially due to the current sentiment. There are 2 reclamation, one down south and the other up north of the island.

The one down south of the island (Bayan Lepas) has been given green light by the state government and the north should follow suite. For those who are not aware, north is where the STP2 reclamation near Gurney will start.
I hv no doubt that the reclamation will proceed because the commitment and compensation is sizable.

I would like to bring to your focus 3 things which will be happening
1. Start work
2. UK PLC
3. Partner for STP2

This 3 will bring in the revenue, valuation and reduce the debt. When that happens, the share price will be 2 times more attractive than the July 2014 when the price was pass RM3.

Posted by gregorian > 2016-02-23 23:15 | Report Abuse

Given the scarcity of land, item 3 will hv good take , since low cost of reclamation at approximately rm150psf

Posted by gregorian > 2016-02-23 23:21 | Report Abuse

Now that item1 is confirmed to proceed, the opportunity will be coming

Posted by Julian > 2016-02-24 08:14 | Report Abuse

Yes I agree with Gregorian. Property will still move. E&O got a strong catalyst in STP2 and UK listing. Though the management is slow, once done it will be jumping high again

http://www.theedgeproperty.com.my/content/property-market-pick-2q-3q-local-housing-demand-says-real-estate-agency

Posted by HakChai > 2016-02-24 09:28 | Report Abuse

Its a dead stock my fren. Don't believe just watch it going down again and again and again

Posted by HakChai > 2016-02-24 09:57 | Report Abuse

Solution...change the Deputy MD Eric please. He is not dynamic enough all delay only

Posted by SimonShuet > 2016-02-24 10:21 | Report Abuse

Read about Gurney Wharf..

Posted by HakChai > 2016-02-24 10:51 | Report Abuse

Thats what I mean Simon, they have got everything, all approval and yet they delay.Since July 2014 the share price have been dropping until now. Whats the point of having good project if the management don't know how to sustain the share price. They were whacked whacked and whacked during the last EGM. The next I will ask for Eric resignation causing much misery to all the investors

Posted by EricLousy_Leadership > 2016-02-24 11:19 | Report Abuse

Piss and Spit on him. Eric is useless!! After we supported the pariah for 4 to 5 years his incompetency allow the share price to drop. Which management apart from incompetent one will allow the share to drop for 1.5 years and still do nothing ?? Farking ashole

Posted by Wondermama > 2016-02-24 15:04 | Report Abuse

E&O must pass 1.58 and 1.65 and 1.68 . Without 1.58 nothing will move

Posted by Wondermama > 2016-02-24 15:04 | Report Abuse

It has to pass 1.58

Posted by Rajuan_Singh > 2016-02-24 15:44 | Report Abuse

Thanks Wondermama.I guest the 2 other news should be very good catalyst to move