Posted by Totok > 2016-12-30 06:03 | Report Abuse

Lao Sai jahanam pun ya kaunter

Posted by Totok > 2016-12-30 06:03 | Report Abuse

Nail 2sen Turin 10sen

Posted by cheeseburger > 2017-01-04 00:11 | Report Abuse

Read the write up --> STP2A project cost is already RM1.8billion , if borrowing at 70% and 5% interest, the interest cost would be RM63mil per year. This interest cost is more than projected earning for the next coming 3 years.

Posted by Charlenechew > 2017-01-04 10:12 | Report Abuse

die lor

Posted by Charlenechew > 2017-01-05 10:23 | Report Abuse

close shop?

Posted by Charlenechew > 2017-01-05 12:46 | Report Abuse

New MD cannot change the fall

Posted by Totok > 2017-01-08 17:39 | Report Abuse

Tomolo drop again. Totok predict company wrap up

Posted by enid888 > 2017-01-09 13:04 | Report Abuse

STP2 is a gold mine for E&O to mine the gold for many years to come. However, they need to get a strategic partner possibly a strong Chinese company to work together by selling certain portion of land to them. The proceeds can be used to partly fund the cost of reclamation. It also can speed up the future development of the vast reclaimed land and at the same time market the residential and commercial properties in China.

Posted by enid888 > 2017-01-13 10:57 | Report Abuse

It is possible that CCCC who reclaims the islands in STP2 take up some shares in the project.

Posted by wonder > 2017-01-13 12:21 | Report Abuse

Possible, but the land valuation for the deal is the essence. If they manage to negotiate anything above RM300/sq ft then i believe it will be a boost to E&O's share price

Posted by enid888 > 2017-01-15 21:50 | Report Abuse

The land in the nearby area is trading at around RM800 to RM1000 per sq ft. I would see the strategic investor may have top pay between RM400 to RM600 per sq ft. If E&O can sell at this price, it will be very profitable because its cost is around RM150 per sq ft.

Posted by homey > 2017-01-20 11:13 | Report Abuse

E&O C5 high volume today. The only warrant available. Looks like its going to go up!

Posted by enid888 > 2017-01-20 11:15 | Report Abuse

It used to be quite busy here but now it is so quiet. I believed many have already sold off their holdings after the shares dropped from RM2.60 to RM1.40. Dropped almost 46% before it started to improve recently.

Posted by enid888 > 2017-01-31 23:32 | Report Abuse

E&O is inching up slowly.

Posted by RVI123 > 2017-02-06 16:42 | Report Abuse

Fundamentally sound company. STP2 project will bring in lots of profit. The land is very prime and measures 760 acres (not 7.6 acres). The land in surrounding area is transacting at RM1,000 / sq. ft currently.

Posted by RVI123 > 2017-02-06 17:07 | Report Abuse

Closed at RM1.76 with heavy buying.

Posted by enid888 > 2017-02-07 00:28 | Report Abuse

Property counters are increasingly active and moving up in price.

Posted by kiasu_investor > 2017-02-08 22:22 | Report Abuse

2 sen dividend RM 1 more suitable.

Posted by enid888 > 2017-02-17 12:14 | Report Abuse

Seri Tanjung Pinang 2 reclamation project is progressing well. The outline of the STP2 phase 1 can be seen clearly from the sky. The strategic development partner is under negotiation now and the first development will be launched in 2018.

http://www.skyscrapercity.com/showthread.php?s=9fd7758a3c876766690de36c2c5033ff&t=552100&page=15

Posted by enid888 > 2017-02-17 12:32 | Report Abuse

After consolidation for 10 days, E&O is moving again today. RM1.81 now. Slowly moving towards its intrinsic real value.

Posted by enid888 > 2017-02-20 10:02 | Report Abuse

Just see how quiet is this thread. That means not many retail investors are involved. Price has moved up to RM1.87 without much retail participation. Purely rising because of fundamentals and future prospect of STP2.

Posted by griezmann > 2017-02-20 10:15 | Report Abuse

given the movement, surely something is brewing...

Posted by Charlenechew > 2017-02-20 11:44 | Report Abuse

Pian Lang one this stock

Posted by enid888 > 2017-02-20 15:42 | Report Abuse

The main reason u buy into E&O is STP2.

STP2 will be a 760 acre reclaimed island.

Assume market value of reclaimed land --- RM600 / sq ft (Current market price of surrounding land is RM800 to RM1000 / sq ft)
Cost of reclamation --- RM150 / sq. ft.

Assume 85% net usable land = 646 acres

Profit for the whole reclamation = RM12.66bil

Profit per share = RM10.07.
Compare that to the current share price, RM1.87 per share. Don't you thinlk it is lelong price.

Remember, this is just profit from the land reclaimed. When it is developed, there will be additional profits from development.

That is the reason Terry Tham bought at RM2.90 per share from Sime Darby. He was supposed to retire in the UK, but was too tempted and bought into it because RM2.90 was too cheap for him to walk away.

Posted by dusti > 2017-02-21 09:47 | Report Abuse

Enid. You're a dreamer. I shall dream with you and hope Terry will make money too.

Posted by ks55_ > 2017-02-21 15:22 | Report Abuse

How much is dividend? why pay so high? You all idiot?

Posted by Charlenechew > 2017-02-22 09:24 | Report Abuse

ASS u me

Posted by enid888 > 2017-02-22 09:41 | Report Abuse

Dusti, it takes another 1.5 years for first island of the reclamation to be completed and another 2 years to reclaim the second island. In total, the company needs 3.5 years to realise its values.

Posted by wonder > 2017-02-22 11:14 | Report Abuse

Catalyst 1. CCCC investment in STP2
Catalyst 2. Sime Darby further divestment of 10% to Tham and associates
Catalyst 3. Weakholders washed out nicely around RM1.4-1.5

Posted by ks55_ > 2017-02-22 17:50 | Report Abuse

Everyday buy back so little shares. Brokerage FOC? What a stupid company.

Posted by wonder > 2017-02-22 19:41 | Report Abuse

It cannot be stupid just because you cant think of the reason. Anyway if u follow the company well, you would know the reason for the odd lot buyback. I will assume you are just a passerby who dont own a single shareand thus did not follow the company's update well =)

Posted by FaithTrader > 2017-02-23 15:44 | Report Abuse

hi...all Sifu....I am stuck with odd lots. kindly advice on how to go about disposing this odd lots...wud the brokerage fee remains or otherwise...kindly share

Posted by thesteward > 2017-02-23 16:35 | Report Abuse

:-)

Posted by dusti > 2017-02-24 15:02 | Report Abuse

High buyer volume yet price has dropped; maybe big player pushing price down to buy from weak/contra players? Let's see how it ends today.

Posted by Musangking123 > 2017-02-25 15:33 | Report Abuse

Weak.....

Posted by Charlenechew > 2017-03-01 12:15 | Report Abuse

need viagra

Posted by RVI123 > 2017-03-04 23:27 | Report Abuse

Management had targeted to bring in strategic investor by first half. Hopefully they can make it.

Posted by enid888 > 2017-03-04 23:40 | Report Abuse

E&O will launch the first phase of wellness center in Elmina West in Selangor by end of this year or early next year. This will be the second wellness center after Avira Wellness Center in Iskandar Johor. These 2 projects will provide future development for the next 10 to 15 years worth about RM8bil to RM10bil in total.

However, the jewel of the crown is still STP2 which will be the game changer for E&O once the reclamation is completed.

Posted by Charlenechew > 2017-03-06 09:16 | Report Abuse

zzzzz

Posted by enid888 > 2017-03-07 18:37 | Report Abuse

start moving again after some consolidation. RM1.91 now.

Posted by Dandanjoe > 2017-03-08 21:24 | Report Abuse

Really Zzzzz

Posted by Charlenechew > 2017-03-09 16:06 | Report Abuse

ZZZZzzzzzzzZZZZZZzzzzzZZZZ

Posted by Musangking123 > 2017-03-09 21:07 | Report Abuse

Can't wakeup

Posted by enid888 > 2017-03-10 11:57 | Report Abuse

Moving up again. RM1.97 now.

Posted by Charlenechew > 2017-03-10 14:54 | Report Abuse

Mausangwong it is waking up and then sleep and then wake up and then hibernate again

Posted by David Leong > 2017-03-10 16:55 | Report Abuse

Rm2 liaoo..

Posted by Charlenechew > 2017-03-13 09:56 | Report Abuse

hahaha down liaooo...

Posted by PenguinDad > 2017-03-16 15:43 | Report Abuse

Good. Sell, sell so that can accumulate more at lower price. He.....

Posted by Charlenechew > 2017-03-20 08:19 | Report Abuse

pls buy at 2.10 I will all to you

Posted by dusti > 2017-03-20 10:12 | Report Abuse

E&O has taken Viagra, Charlene now you cannot Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
Think E&O has a long way to go UP