Posted by Charlenechew > 2017-03-20 10:19 | Report Abuse

I sell at 2.10 or I zzzz again....Hope is blue viagra more uummph

Posted by Charlenechew > 2017-03-20 11:36 | Report Abuse

ZZZZzzzzzz

Posted by enid888 > 2017-03-20 12:56 | Report Abuse

I think CCCC, the reclamation contractor will take up some land n become strategic partner for STP2. This will be a positive news as CCCC will help develop and quicken the development of STP2 as a whole. STP2 will also be the Northern Malaysia business hub for Mainland Chinese corporations.

Posted by Charlenechew > 2017-03-20 14:10 | Report Abuse

Kerjaya

Posted by Dandanjoe > 2017-03-20 21:20 | Report Abuse

Lao sai again

Posted by Dandanjoe > 2017-03-21 07:17 | Report Abuse

After makan Lao sai.... after Lao sai makan again n the stock continues to Lao sai

Posted by Charlenechew > 2017-03-21 11:45 | Report Abuse

warn you guys already...

Posted by Charlenechew > 2017-03-21 12:04 | Report Abuse

Boss kuat makan ohhhh this round and we get the spit

Posted by Dandanjoe > 2017-03-21 12:57 | Report Abuse

Lucky got spit

Posted by PenguinDad > 2017-03-22 10:29 | Report Abuse

Good chance to put up some more!

Posted by Charlenechew > 2017-03-22 15:11 | Report Abuse

Be smart

Posted by Charlenechew > 2017-03-23 15:09 | Report Abuse

stay smart

Posted by Charlenechew > 2017-03-23 15:09 | Report Abuse

when drop drop below 20 buy again lor

Posted by Dandanjoe > 2017-03-25 19:19 | Report Abuse

Thank you Charlene for warnings

Posted by face > 2017-03-27 10:13 | Report Abuse

Pg properties.....zzzzz

Posted by enid888 > 2017-03-27 13:52 | Report Abuse

Investors buy into E&O mainly because of the land reclaimation of the 760 acres in STP2. The earnings from the reclamation will be massive. Its development is secondary comparatively.

However, E&O is quite successful in its recent launchings. The 2 blocks of Tamarind condos in STP is almost sold out. The Amaris n Ariza high end by the sea link houses in STP are the final pieces of landed properties in STP. Both launches are well received by the market. In near future, they will launch a condo project in Jalan Kia Peng, KL and the first phase of Elmina Wellness City in Shah Alam.

Posted by Charlenechew > 2017-03-28 18:00 | Report Abuse

zzzzz

Posted by kilerprice007 > 2017-03-29 10:55 | Report Abuse

ENID888 thanks for the information, will buy in today for great return!

Posted by enid888 > 2017-03-29 11:41 | Report Abuse

Kilerprice007, hope you will make money.

Posted by Charlenechew > 2017-03-29 11:53 | Report Abuse

Waiting to sleep again... I queue at 2.10 to sell again

Posted by PenguinDad > 2017-03-29 12:46 | Report Abuse

http://www.theedgeproperty.com.my/tags/eo

Posted by kilerprice007 > 2017-03-29 16:56 | Report Abuse

ENID888 what is the TP? Do you have idea?

Posted by enid888 > 2017-03-29 17:19 | Report Abuse

Sorry, I don't have target price. I am keeping for long term.

Posted by dusti > 2017-03-29 18:25 | Report Abuse

Hi enid888. Good to see you are sharing good info and making money in the process. I am here with a believe that a takeover will happen. Our friend Terry purchased the shares he sold previously to SD at 2.90. He deserves to make money and looking at the volume today something exciting has hit the fan. If this eventuates, you will make more than the pile you envisage, but much much earlier. I am a dreamer but have been known to have my dreams come true. Do I make sense people? Good luck all.

Posted by Dandanjoe > 2017-03-29 19:54 | Report Abuse

I also sold all at 2.10.Soo happy

Posted by kilerprice007 > 2017-03-29 21:46 | Report Abuse

What about this announcement?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5379629

Posted by enid888 > 2017-03-29 22:49 | Report Abuse

Dusti, takeover is possible only if Terry can get a loaded party/ parties to work together with him. If he works alone, I think the fund involved is too massive for him.

Posted by PenguinDad > 2017-03-30 08:09 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/03/30/eo-unit-starts-work-on-seri-tanjung-pinang-phase-two/
going to increase the capex.

Posted by PenguinDad > 2017-03-30 08:12 | Report Abuse

Yesterday movement is the anticipation of the announcement for STP2 with CCCC.

Posted by zenzen802 > 2017-03-30 08:45 | Report Abuse

suspended ??? cant buy more ,sad

Posted by PenguinDad > 2017-03-30 08:51 | Report Abuse

Yes. Suspended for trading and pending for announcement.

Posted by zainal8864 > 2017-03-30 09:00 | Report Abuse

how about my share..

Posted by Kjsiah > 2017-03-30 09:11 | Report Abuse

I think later will drop already factored in

Posted by 360Capitalist > 2017-03-30 09:15 | Report Abuse

E&O will go up like IWCity... limit up.
Terry Tham's cost is RM2.90

Posted by 360Capitalist > 2017-03-30 09:16 | Report Abuse

At least above RM3.00

Posted by enid888 > 2017-03-30 09:22 | Report Abuse

The Edge reports today that E&O is in talk with a local fund to invest up to 40% of STP2A. It is good news.


http://www.theedgemarkets.com/my/article/eo-finds-partner-kick-start-stp-phase-2a-%E2%80%94-sources

Posted by dusti > 2017-03-30 09:25 | Report Abuse

enid888 our buddy has friends all over the world. Let's wait patiently with fingers crossed. I think many are going to be very happy, except those who were happy yesterday selling. Smile and have a pleasant Thursday.

Posted by PenguinDad > 2017-03-30 09:26 | Report Abuse

sydicated loan from bank not local fund to invest. increase in borrowing lah! Working for banks to paid interest if interest rate increase due to inflation.

Posted by PenguinDad > 2017-03-30 09:27 | Report Abuse

E&O is currently funding the land reclamation almost entirely by borrowings. Last year, the property developer raised RM1 billion in syndicated facilities from Maybank Islamic Bhd and RHB Islamic Bank Bhd. But the borrowings are NOT ENOUGH to fund the land reclamation.

See the "NOT ENOUGH".

Posted by PenguinDad > 2017-03-30 09:36 | Report Abuse

land reclamation take years to settle before development. cash got tie-up and interest rolling going to be no good to result. CCCC contract could be for the bridge connecting that reclamated land.

Posted by enid888 > 2017-03-30 10:04 | Report Abuse

Dusti, let us hope it is good news.

PenquinDad, u are sure it is bank syndicated loan and not local fund?

Posted by kilerprice007 > 2017-03-30 10:12 | Report Abuse

KUALA LUMPUR: Eastern & Oriental Bhd (E&O), which share price surged to a two-year high yesterday, is believed to have found a strategic investor who will pump in fresh capital to kick-start its second massive land reclamation project Phase 2A of the Seri Tanjung Pinang (STP) development.

The key word is "found a strategic investor", such a great news!

Posted by wonder > 2017-03-30 10:49 | Report Abuse

congrats!

Posted by jfm3737 > 2017-03-30 12:19 | Report Abuse

新闻
配合重大宣布 东家暂停交易
By Sangeetha Amarthalingam / theedgemarkets.com | March 30, 2017 : 11:32 AM MYT
Printer-friendly versionSend by emailPDF version
Translated by Google Translator:
选择语言​▼
（吉隆坡30日讯）配合一项重大宣布，东家（Eastern & Oriental Bhd）今早9时起暂停交易。

该集团今日向大马交易所报备说，马交所已批准其在上午9时至下午5时暂停交易的要求。

根据《The Edge》财经日报引述消息报道，该发展商据悉已找到一个策略投资者，注入新资本以启动斯里丹绒槟榔（STP）的2A期填海工程，为STP项目余下760英亩的一部分。

2A期涉及填253英亩（102.38公顷）地，发展总值估计为200亿令吉。

据说东家正与一家大型本地基金洽谈，以入股该项目。

早前有报道指，该集团打算找一个愿意收购该项目40%股权的投资者。

该股昨日涨16仙或8.2%，以2.12令吉挂收，市值为26亿7000万令吉。



（编译：陈慧珊）

Posted by Winnergetitall > 2017-03-30 12:25 | Report Abuse

Any update on their Investor Briefing this morning at 10am?

Posted by Friendship > 2017-03-30 12:48 | Report Abuse

KWAP coming in
E&O will limit up after lift of suspension
Huat ah!

Posted by PenguinDad > 2017-03-30 13:38 | Report Abuse

enid888, Have you heard banks give out fund? Unless they are doing charity. I only heard about syndicated loan and the rate is always higher than you FD rate. 7~8% or more. Right!

Posted by PenguinDad > 2017-03-30 13:40 | Report Abuse

I believe it is some foreign partner that JV with E&O. Likely is China based company with the CCCC as contractor. I don't believe bank will give you fund.

Posted by iamtrader > 2017-03-30 14:12 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/03/30/eo-ties-up-with-kwap-for-property-project/

E&O ties up with KWAP for property project

PETALING JAYA: Eastern & Oriental Bhd (E&O) has signed a partnership agreement with Retirement Inc Fund (KWAP) to take on Phase 2A of the Seri Tanjung Pinang (STP) development project in Penang.

It is known that both E&O and KWAP have signed the partnership agreement this morning. The partnership will see KWAP pumping capital in the sea-fronting development project near Penang island and also to take up a substantial stake in E&O.

This would be KWAP’s first property partnership.

Trading in the shares of E&O was voluntarily suspended from 9am on Thursday.

The project, Phase 2A, involves reclaiming 253 acres (102.38ha) of land, which has an estimated gross development value of RM20bil.

STP is a seafront development situated along Penang’s north-east coast between George Town and the beaches of Batu Ferringhi.

The reclamation project STP2 has already begun dredging works after securing all the necessary approvals.

The entire STP Phase 2 encompasses land reclamation of up to 760 acres under E&O’s concession. Phase 2A only makes up one-third of the reclaimable land.

Last year, the expiry for E&O to undertake the land reclamation was extended from 2019 by three years to 2022. The project was originally approved by the state government back in 1992.

Aside from the reclamation of 760 acres under the project’s concession agreement, which is slated to be completed by June 2018, E&O is reclaiming a further 131 acres at its own cost along the Gurney Drive foreshore for the Penang state government.

Posted by Imformed > 2017-03-30 14:13 | Report Abuse

just prepare to enter. It will have a big surprise