EASTERN & ORIENTAL BHD

KLSE (MYR): E&O (3417)

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Last Price

0.98

Today's Change

+0.045 (4.81%)

Day's Change

0.93 - 0.98

Trading Volume

5,404,900


18 people like this.

9,802 comment(s). Last comment by turbochart 6 days ago

TheContrarian

9,505 posts

Posted by TheContrarian > 2019-03-18 18:58 | Report Abuse

130 million private placement shares issued at 98 sen.

maisi

35 posts

Posted by maisi > 2019-03-19 00:50 | Report Abuse

is the private placement a good thing? is that the RI?

Posted by Mun Ling > 2019-03-19 17:12 | Report Abuse

hi guys new to stock market. the private placement shares at 0.98 means what? Is that means the price will push to 0.98?

TheContrarian

9,505 posts

Posted by TheContrarian > 2019-03-19 19:46 | Report Abuse

Whole 130 million private placement placed out to only one party, Wan Azmi Wan Hamzah, rumoured to be proxy of A.I.

qqq3

13,202 posts

Posted by qqq3 > 2019-03-19 20:03 | Report Abuse

Wan Azmi taking it at a premium.

ahwong

105 posts

Posted by ahwong > 2019-03-19 21:21 | Report Abuse

@Mun Ling it means that the company sell the shares at 0.98 to a certain party, so it raise higher capital of company.

TheContrarian

9,505 posts

Posted by TheContrarian > 2019-03-19 21:25 | Report Abuse

It's rare that private placement is made at a premium.

calvinteo

330 posts

Posted by calvinteo > 2019-03-19 22:49 | Report Abuse

imo better buy from market at cheaper price.

what does A.I stand for?

TheContrarian

9,505 posts

Posted by TheContrarian > 2019-03-20 00:04 | Report Abuse

A.I. is the next PM of Malaysia.

TheContrarian

9,505 posts

Posted by TheContrarian > 2019-03-20 00:06 | Report Abuse

Try buying 130 million shares in the open market and see how high the price will go up. 130 million is about 9% of the total issued shares.

TheContrarian

9,505 posts

Posted by TheContrarian > 2019-03-20 09:05 | Report Abuse

Nice opening.

Posted by Mun Ling > 2019-03-20 10:51 | Report Abuse

Hi thank you Contrarian, qqq3, ahwong

RainT

8,448 posts

Posted by RainT > 2019-03-20 12:33 | Report Abuse

I think E& O will be good with it projects in Penang

but this if invest really need to keep for very long term

RainT

8,448 posts

Posted by RainT > 2019-03-24 22:30 | Report Abuse

again The Edge come out article about E&O

I just think and think again , can E&O in future be gem ?

due to its niche and high end property project in Penang

usually high end will command high margin & if the high end property is place at right location with right quality , some rich people still willing to buy and pay for stay
(property location at high end location, but at the same time also offer convenience , and high quality design property

I feel its different other affordable or high end project that experience many unsold units now (maybe the premium that they offer do not as good as E&O)

RainT

8,448 posts

Posted by RainT > 2019-03-24 22:31 | Report Abuse

be prepare to hold for years?

reclamation land of STP2 is done and will start to build soon ...

dusti

2,404 posts

Posted by dusti > 2019-03-25 10:45 | Report Abuse

Latest major shareholder bought @98. Current price is 91. What are you waiting for? Good Luck all

dusti

2,404 posts

Posted by dusti > 2019-03-25 11:31 | Report Abuse

Enid888 let's hear from you

4444

1,800 posts

Posted by 4444 > 2019-03-25 11:35 | Report Abuse

Why cannot buy after RI?

4444

1,800 posts

Posted by 4444 > 2019-03-25 11:37 | Report Abuse

Latest QR is loss. Bad time ahead hence RI?

maisi

35 posts

Posted by maisi > 2019-03-25 11:38 | Report Abuse

It's not much movement. For what Dusti said, those are private placement. Basically those are new investor in E

4444

1,800 posts

Posted by 4444 > 2019-03-25 11:39 | Report Abuse

Who buy must prepare money for RI as well.

4444

1,800 posts

Posted by 4444 > 2019-03-25 11:44 | Report Abuse

WCE (Icon8888 recommend) also drop to 50+ sen bec RI coming why E&O cannot?

dusti

2,404 posts

Posted by dusti > 2019-03-25 16:39 | Report Abuse

RI usually at a discount; you can also sell your RI. For last few session impact of DOW quite significant

chamlo

1,288 posts

Posted by chamlo > 2019-03-25 20:31 | Report Abuse

Affin Hwang idiot IB? Don't know how to read QR?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2019-03-31 22:24 | Report Abuse

Politician should really prohibited to buy shares...

Bluey

349 posts

Posted by Bluey > 2019-04-08 12:03 | Report Abuse

In their recent “luxury living campaign” E&O sold RM251million worth of properties. Better results in the offing? Buy now? Or wait for 1.00?

Roy Hui

1 posts

Posted by Roy Hui > 2019-04-11 13:18 | Report Abuse

Have been away, I just want to know over the last two years is there any dividend payout ? Thx.

nckcm

2,726 posts

Posted by nckcm > 2019-04-11 18:53 | Report Abuse

Ok thus counter confirm keong kan... RI coming

chamlo

1,288 posts

Posted by chamlo > 2019-04-19 17:31 | Report Abuse

Mkt rebound why drop?

nkk53

1,426 posts

Posted by nkk53 > 2019-04-20 16:46 | Report Abuse

Present price appears attractive at 0.85

TheContrarian

9,505 posts

Posted by TheContrarian > 2019-04-20 16:47 | Report Abuse

Stay off until they fix the rights issue price.

nkk53

1,426 posts

Posted by nkk53 > 2019-04-22 15:15 | Report Abuse

Pick up some at 0.86

Posted by BrotherLuv > 2019-04-25 23:04 | Report Abuse

Long lost liao this company

dusti

2,404 posts

Posted by dusti > 2019-04-26 15:26 | Report Abuse

Will go up slowly

sell

2,456 posts

Posted by sell > 2019-04-30 21:40 | Report Abuse

RI soon. Down likely.

sell

2,456 posts

Posted by sell > 2019-05-01 09:35 | Report Abuse

PBB TP RM 1 now only 87.5 sen. Most of time 50% correct so actual TP 0.5?
https://klse.i3investor.com/servlets/ptg/3417.jsp

ks55_

569 posts

Posted by ks55_ > 2019-05-12 12:53 | Report Abuse

Very simple, when Public Anal-list says Buy, you hold.
When shim says hold, you better sell quickly.

Only when shim say sell, you must get ready to buy.
Proven right again and again........

nkk53

1,426 posts

Posted by nkk53 > 2019-05-17 17:46 | Report Abuse

RI vs private placement.Which one is better?

chamlo

1,288 posts

Posted by chamlo > 2019-05-18 03:15 | Report Abuse

Why hurry? Now 82 perhaps <80 after QR?

Bluey In their recent “luxury living campaign” E&O sold RM251million worth of properties. Better results in the offing? Buy now? Or wait for 1.00?
08/04/2019 12:03 PM

sell

2,456 posts

Posted by sell > 2019-05-18 16:57 | Report Abuse

nkk53 why ask stupid question? Both also indicate E&O in financial problem. After RI buy can buy far cheaper.

nkk53 RI vs private placement.Which one is better?
17/05/2019 5:46 PM

nkk53

1,426 posts

Posted by nkk53 > 2019-05-18 17:31 | Report Abuse

Sell-nobody ask you to give stupid answer

sell

2,456 posts

Posted by sell > 2019-05-20 15:10 | Report Abuse

Only idiots buy shares that keep going down haha.

nkk53

1,426 posts

Posted by nkk53 > 2019-05-21 14:47 | Report Abuse

No worry,idiots got million of cash in fd

sell

2,456 posts

Posted by sell > 2019-05-21 21:14 | Report Abuse

81 sen and QR still not out. After QR below 70 sen?

bankrupt

85 posts

Posted by bankrupt > 2019-05-23 15:47 | Report Abuse

QR delay RI coming bankrupt is it?

sell

2,456 posts

Posted by sell > 2019-05-26 10:54 | Report Abuse

Sales drop QOQ and YOY sign of bad economy and houses oversupply.

Posted by shamsulyusoff > 2019-05-27 18:48 | Report Abuse

Slowly accumulation...

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