ORIENTAL HOLDINGS BHD

KLSE (MYR): ORIENT (4006)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

6.34

Today's Change

-0.02 (0.31%)

Day's Change

6.34 - 6.37

Trading Volume

658,700


3 people like this.

615 comment(s). Last comment by Kitty Kitty 4 days ago

dompeilee

11,888 posts

Posted by dompeilee > 2022-10-14 19:05 | Report Abuse

SGD is appreciating like crazy against currency of country full of thieving politicians...soared to another record 2day. They should buy assets in S'pore or HK or at least Indonesia.

dompeilee

11,888 posts

Posted by dompeilee > 2022-10-14 19:07 | Report Abuse

Mkt is just as bad as 2008. Funds unwilling to even buy solid companies like Orient. Thank God I have S$17,540 & $6,197 in greenbacks!

Posted by snowball2000 > 2022-10-17 10:23 | Report Abuse

It seems obvious the major shareholder is cashing out via RPT. Hopefully the valuation is fair too...

Posted by snowball2000 > 2022-10-17 10:25 | Report Abuse

Almost RM2/share cashed out!

mf

27,764 posts

Posted by mf > 2022-10-17 10:27 | Report Abuse

.

Posted by snowball2000 > 2022-10-17 10:44 | Report Abuse

if this RM2/share is cashed out via dividend payout, the share price should fly!!!

dompeilee

11,888 posts

Posted by dompeilee > 2022-10-17 17:21 | Report Abuse

Obviously NOT, since they are proposing 1.2 bil to go into their own pockets!

Posted by Fabien _the efficient capital allocator > 2022-10-21 20:43 | Report Abuse

Since the RPT announcement, market reaction in terms of price movement has been positive

Posted by snowball2000 > 2022-10-26 12:04 | Report Abuse

Going ex-div tomorrow..

dompeilee

11,888 posts

Posted by dompeilee > 2022-10-27 09:16 | Report Abuse

Dumped some Orient in batches (highest @ 6.72) after securing the latest dividend, with the capital FREED to go elsewhere looking for more undervalued higher beta stocks. Also because the eventual result of the RPT on the co. going fwd is highly uncertain, with cash per shr down to below $4.

Posted by snowball2000 > 2022-10-27 12:54 | Report Abuse

Still a good company overall, it is just the recent RPT which is unsettling..

dompeilee

11,888 posts

Posted by dompeilee > 2022-11-03 16:15 | Report Abuse

Looking fwd to it tumbling back to 6.00 like the last time when one or two funds PANIC sell lol

dompeilee

11,888 posts

Posted by dompeilee > 2022-12-31 08:06 | Report Abuse

No more late yr dividend like '21 becos RPT is gobbling up all the cash...LOL

Thkent91

195 posts

Posted by Thkent91 > 2023-01-03 19:50 | Report Abuse

Possible to have dividend like FY21, as cash is still plenty after RPT exercise. if this RPT goes through. Earnings and ROE will improves and will generate further positive cash flow. Who cares whether 1.2B is fair transaction or not since this stock has been fairly undervalued quite a bit since N years.

But the downside of this RPT is with the one-off huge cash generated by Loh family, they could easily take over OHB privately, in the open market.

kahhoeng

3,887 posts

Posted by kahhoeng > 2023-01-13 18:16 | Report Abuse

Oriental's dividend has never exceeded its operating cash flow if I were not wrong. So, if there's a lower dividend, that must mean only one thing, Oriental is not generating as much operating cash flow...

stockraider

31,527 posts

Posted by stockraider > 2023-01-13 19:01 | Report Abuse

Oriental is sitting on Rm 3.00 to Rm 5.00 cash per share equivalent mah!

Thus can afford paying very good div loh!

kahhoeng

3,887 posts

Posted by kahhoeng > 2023-01-14 11:36 | Report Abuse

yes, indeed. Think Oriental can easily afford to pay 0.60 - 0.80 dividend per year without much effort. Question is if the board is willing. The first Covid year saw a dividend cut that doesn't make sense given its cash in hand, but what can we as small shareholders do?

Posted by snowball2000 > 2023-01-16 17:50 | Report Abuse

Sad to say, but there is nothing much small shareholders can do. Hope the major shareholders are not only enriching themselves, having cashed out RM2 / share lately with RPT.... :(

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-14 15:15 | Report Abuse

Wait long long till July for next divvy & even then it may be CUT to 10c or less becos plantation is back in the doldrums...

dompeilee

11,888 posts

Posted by dompeilee > 2023-02-28 18:53 | Report Abuse

OMG !!! Lost 88 mil!!! Luckily I SOLD the bulk of my holdings last year...

Posted by snowball2000 > 2023-03-01 11:07 | Report Abuse

Loss attributable to ordinary shareholders is rather small, 6.162 million.

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-01 14:08 | Report Abuse

Existing shareholders not convinced, apparently...

Posted by snowball2000 > 2023-03-02 11:04 | Report Abuse

Given the fact that the RPT is expected to cash out RM2/share, ORIENT's cash balance will go down significantly post RPT. Further, its businesses are not expected to be doing very well given the state of economy we are in right now. Despite the plunge recently, it is still not considered cheap.

Posted by snowball2000 > 2023-03-02 11:05 | Report Abuse

KSENG would appear to be a better choice, valuation wise..

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-15 16:55 | Report Abuse

SOLD all my Orient down to ZERO today...dividend yield is going to be FAR less than '22...confident I will have another chance @ below $6 in the coming months with the economic recession coming...

dompeilee

11,888 posts

Posted by dompeilee > 2023-03-15 17:03 | Report Abuse

Thanks for the $3,600.49 in dividends & $1,688.28 in capital gains ...but NO THANKS for making me wait 8 years to recoup my investment!

cbkia4896

872 posts

Posted by cbkia4896 > 2023-04-12 20:00 | Report Abuse

Dividend 20 cents... Walao

kahhoeng

3,887 posts

Posted by kahhoeng > 2023-04-14 19:43 | Report Abuse

glad to know Oriental is proposing 0.20 dividend. I initial thought there won't be any dividend for final when Q4 report is out and extremely disappointed.

Posted by snowball2000 > 2023-04-19 10:27 | Report Abuse

Dividend payout is necessary for share price maintenance, keep it up! ;)

stockraider

31,527 posts

Posted by stockraider > 2023-04-19 13:37 | Report Abuse

Very good dividend yield loh!

Oriental is a good bluechip investment mah!

Posted by snowball2000 > 2023-04-28 11:06 | Report Abuse

Cash and bank balances will drop significantly post RPT. Praying very hard for dividend payout to be maintained moving forward...

dompeilee

11,888 posts

Posted by dompeilee > 2023-06-30 19:42 | Report Abuse

As I thought, price drop MORE than the dividend quantum...wait below $6 with EPF still needing to desperately SELL hehe

Dehcomic01

288 posts

Posted by Dehcomic01 > 2023-11-01 10:14 | Report Abuse

For most of the time over the past decade, its ROE has been around 5%. You can get similar returns from your EPF. If you want to hunt for Bursa auto companies, there are better choices in BAUTO and HLInd. Go to "Are there opportunities in the Bursa auto sector" in my blog

Posted by snowball2000 > 2023-11-02 17:44 | Report Abuse

KWSP keeps selling, still a long way to go... Looks like ORIENT price will not go up in the foreseeable future...

DinDin01

47 posts

Posted by DinDin01 > 2023-11-05 16:24 | Report Abuse

Sorry, may I know what mean RPT?

Posted by snowball2000 > 2023-11-07 12:23 | Report Abuse

RPT = Related Party Transaction

stockraider

31,527 posts

Posted by stockraider > 2023-11-08 10:47 | Report Abuse

Strong buy for longterm investment mah!

Posted by snowball2000 > 2023-11-23 08:57 | Report Abuse

How is the coming QR gonna be? Insight, anyone?

hw0706

730 posts

Posted by hw0706 > 2023-11-26 06:00 | Report Abuse

oil palm division is due to replanting for indonesia

hw0706

730 posts

Posted by hw0706 > 2023-11-26 06:07 | Report Abuse

with the FFB remain low at below rm650.00 / cpo is at RM3,700....

Posted by snowball2000 > 2023-11-28 08:54 | Report Abuse

Should we be expecting lower net profit?

Posted by lionel messi > 1 month ago | Report Abuse

The better question is should we be expecting bigger dividend?

stockraider

31,527 posts

Posted by stockraider > 1 month ago | Report Abuse

Those investing in Oriental cannot go wrong loh!

The profits & div is good mah!

Posted by lionel messi > 1 month ago | Report Abuse

Really? Cool. Grab some for yourself too stockraider.

ykloh

507 posts

Posted by ykloh > 3 weeks ago | Report Abuse

OHB management strength is in motor business. It is seeking growth in property and hotel sectors where its expertise is unknown.

geary

6,209 posts

Posted by geary > 2 weeks ago | Report Abuse

ORIENT...Should be around...@8.00...If Mr. Market is rational...added/hold...🤓
5 days ago
🙏...Price Weakness<@6.00...can add more ..🤓

sugerdad

60 posts

Posted by sugerdad > 5 days ago | Report Abuse

epf 还有6%。
不到它要卖到什么时候

Posted by alankan8 > 4 days ago | Report Abuse

What happen? Huge loss?

sugerdad

60 posts

Posted by sugerdad > 4 days ago | Report Abuse

没有股息还大亏钱。。明天不懂跌多少

Posted by Kitty Kitty > 4 days ago | Report Abuse

Read the quarter report and you'll understand more about the reason behind this. Overall its a corporate process of acquisition whereas most of the segments recorded growth. For the impact over the long run, it will most likely be positive.

Post a Comment
Market Buzz