Posted by T800Terminator > 2020-06-29 19:01 | Report Abuse

No div?

Posted by ivanlau > 2020-06-29 19:10 | Report Abuse

sorry to say this stock is on the way to PN17 path...........

Posted by Pi Xiu > 2020-06-29 19:15 | Report Abuse

it wont pn17, just need time to recover

Posted by RainT > 2020-06-29 19:15 | Report Abuse

HUGE LOSS MAKING

Posted by Pi Xiu > 2020-06-29 19:15 | Report Abuse

T800Terminator, got 1 sen div, actually the loss is impairment loss, and it oledi got 1.2 billion sukuk to support its project

Posted by alexsee > 2020-06-29 19:18 | Report Abuse

dont worry result good down, result bad up..

Posted by stncws > 2020-06-29 19:23 | Report Abuse

wow..buy20c

Posted by stncws > 2020-06-29 19:24 | Report Abuse

GAP DOWN TMR!!!

Posted by jackson88 > 2020-06-29 19:43 | Report Abuse

RM195mil loss as a result of RM190mil impairment of assets. Very prudent move the write down assets now to take into account of COVID-19

Posted by jackson88 > 2020-06-29 19:43 | Report Abuse

1sen dividend out of 40sen = 2.5% yield

Posted by T800Terminator > 2020-06-29 19:45 | Report Abuse

Tomorrow Q at 0.30 1000lot.

Posted by RainT > 2020-06-29 20:02 | Report Abuse

Impairment on rights to use assets RM19m

Property development costs written down RM70m

Loss on FV adjustment of investment properties RM120m

Total special items RM209m

PBT is exclude special items is RM20m

hope for limit down tomorrow, prepare to scoop more

Posted by alexsee > 2020-06-29 20:07 | Report Abuse

no more 3 cents dividend, no more attractive just like astro.. many ppl like Mahsing.. cash banyak, can consistent give out 3 cents.. but staying strong above 0.5.. hardly back to 0.4.. haha

Posted by T800Terminator > 2020-06-29 20:17 | Report Abuse

Yeah...lowest was 0.30 past a year. Tomorrow break lowest? Or should I Q at 0.28?

Posted by ivanlau > 2020-06-29 20:19 | Report Abuse

coming quarter will be more worst due to mco issue. Beware.... this stock may in downtrend till August......

Posted by MaYun > 2020-06-29 20:41 | Report Abuse

kaput ?

Posted by stncws > 2020-06-29 22:20 | Report Abuse

unprecented loss!!gg

Posted by jackson88 > 2020-06-30 09:24 | Report Abuse

I manage to buy some at 39sen this morning. Not many sellers now. Back to 40sen again

Posted by setia2u > 2020-06-30 09:42 | Report Abuse

Lucky you. Now 40.5.

Posted by jackson88 > 2020-06-30 10:02 | Report Abuse

I wanted to buy more at 39sen just now ....but someone else is also grabbing it. Only managed to get around 3000 lots.

Posted by jackson88 > 2020-06-30 10:06 | Report Abuse

At 39sen, the 1sen dividend is 2.6% yield. Just like placing in a FD. Good part is they already write down all the investment assets now. Should have been done in next quarter. So, next quarter won’t be as bad as this quarter. And there is a balance of RM170mil due from KWAP, being 20% from the sale of STP2A after completion of the infra. Debts already reduced by 600mil. And there is still balance of RM1billion from the Sukuk not yet drawdown and almost RM300mil cash.

Posted by setia2u > 2020-06-30 10:51 | Report Abuse

廋田沒人要，耕开有人争 !!!

Posted by ElwinPg > 2020-06-30 11:32 | Report Abuse

Jackson, I also try to buy at 39.5sen but no sellers now. Already waited more than 1hour. Hope more people will sell their shares.

Posted by jackson88 > 2020-06-30 11:51 | Report Abuse

Elwin, you have to spread more bad news and pursuade more people to sell. Let’s see how many fools will sell the shares cheap. We got to pray hard to get more fools to sell now.

Posted by JieGeGe > 2020-06-30 12:13 | Report Abuse

0.39 Matched

Posted by laychee > 2020-06-30 12:17 | Report Abuse

Looked at QR, I feel like crying.

Posted by Pi Xiu > 2020-06-30 15:13 | Report Abuse

normally company write down the investment is to put on sale, i think tat is UK asset, coz according the analyst report, local inventory only left RM48.3m

Posted by jackson88 > 2020-06-30 15:26 | Report Abuse

https://www.nst.com.my/business/2020/06/604656/eo-prepares-property-launches-post-mco-recovery

Posted by Pi Xiu > 2020-06-30 15:30 | Report Abuse

hope they have good news soon

Posted by MaYun > 2020-06-30 15:34 | Report Abuse

Do observe any panic selling this morning, look like the recent QR dismay financial performance has been priced in.

Posted by ElwinPg > 2020-06-30 15:48 | Report Abuse

I am staying at Tanjung Bungah, Penang. Everyday, I pass by the company's STP2A project....you can see how big and valuable that land. Land there should be at least RM500 to RM600 per square feet. The whole land there is easily more than 150 acres or 6.5mil square feet. At RM500 square feet, that land there is worth more than RM3b. or RM2 per share. Book value is only RM900mil which is the reclamation costs.

Posted by setia2u > 2020-06-30 16:28 | Report Abuse

廋田沒人要，耕开有人争 !!! Elwin, it takes time for people to realise it, never mind, now cuti-cuti Malaysia, more people going to Penang, they will find out sooner or later.

Posted by RainT > 2020-06-30 16:35 | Report Abuse

@elwinpg

wow, thanks for sharing information

penang lang!!

Posted by RainT > 2020-06-30 16:36 | Report Abuse

oh yes

given the bad quarter result yesterday, but the share price not drop much le

so it is well supported, all bad news for E&O should have price in at this price already

who want sell , should be cut loss and sell finish already

Posted by RainT > 2020-06-30 16:37 | Report Abuse

yesterday i expect today have mega sales for E&o,
Mana tau, dont have

Posted by jackson88 > 2020-06-30 16:45 | Report Abuse

RainT, there was actually a big sell down early morning ....like panic sale. I manage to buy some at 39sen.
In accounting terms, this is actually a good move by E&O as better to write down and bring out all bad news at one shot and bite the bullet one time. And since the profit for 2019 is so minimal. Then next year, you can move ahead with better results and news. I think E&O got a good management which adopted this principle.

Posted by MaYun > 2020-06-30 17:09 | Report Abuse

@Jackson88 Globally, as far as covid19 pandemic is concern, we are not out of the wood yet. Long way to go to realise the intrinsic value of the land bank, we might as well wait a little while longer in search of a better bargain hunting ? Or do you have an insight into the timing on better QR financial result . TQ

Posted by MaYun > 2020-06-30 17:12 | Report Abuse

@setia 槟岛没瘦田，寸土必争 ！肥田人争耕，耕开人更争 ！

Posted by MaYun > 2020-06-30 17:42 | Report Abuse

Neutral call and fair value of RM0.50 TP (at c.70% discount to RNAV excluding STP2B&C) due to the lack of re-rating catalysts.

Posted by T800Terminator > 2020-06-30 21:32 | Report Abuse

Tomorrow Q up 6c to 0.36. Come come

Posted by RainT > 2020-07-01 09:39 | Report Abuse

to make big profit

you need to buy at the most bottom (but that require skills also)

if come back later, the profit you might get is not so fat already

Posted by jackson88 > 2020-07-01 10:05 | Report Abuse

It’s very difficult to guess the bottom. Anything 10% to 20% from the bottom is already good. If one day the price goes to RM1.50, the 10sen now is nothing. Many counters like E&O also drop to below 40sen during 1998 crash and 2008. But in both times, it recover back to above RM2. This is from history and that time was without STP2 completion and land price there was below RM200 per sq ft. Now is around RM500 per sq ft.

Posted by MaYun > 2020-07-01 11:09 | Report Abuse

thanks

Posted by ElwinPg > 2020-07-01 12:51 | Report Abuse

E&O set for better times ahead; new launches expected this year
https://www.nst.com.my/property/2020/07/604906/eo-set-better-times-ahead-new-launches-expected-year

Posted by RainT > 2020-07-02 19:45 | Report Abuse

will buy more

Posted by James Ng > 2020-07-07 09:30 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-07-07-story-h1509774828.jsp
[转贴] [EASTERN & ORIENTAL BHD：从子公司收到的股息收入较高，约为4.725亿令吉，而上一财政年度为3.30亿令吉] - James的股票投资James Share Investing

Posted by ElwinPg > 2020-07-07 12:35 | Report Abuse

Hi James, what is your target price for E&O? Can you do a technical chart analysis on E&O? I saw you do a lot of chart for other companies. Thank you.

Posted by ocpd > 2020-07-23 14:30 | Report Abuse

@jackson looks like you sold mahsing and buy e&o is not doing that well huh?

Posted by RainT > 2020-07-29 15:36 | Report Abuse

39.5 sen well supported

Posted by OkieDokie > 2020-08-13 15:23 | Report Abuse

mana satu sen dividend ? lama lama belum buat annoucement lagi !