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

6.97

Today's Change

-0.18 (2.52%)

Day's Change

6.96 - 7.24

Trading Volume

1,220,900


3 people like this.

645 comment(s). Last comment by wallstreetrookieNEW 2 days ago

Posted by snowball2000 > 2022-07-29 17:00 | Report Abuse

Up again today.... Good QR up next?

dompeilee

11,888 posts

Posted by dompeilee > 2022-07-29 17:57 | Report Abuse

Special dividend coming =)

Posted by snowball2000 > 2022-08-09 12:30 | Report Abuse

up... now 6.91... what is cooking?

Posted by wallstreetrookie > 2022-08-11 21:23 | Report Abuse

@dompeilee says Special Dividend

Posted by snowball2000 > 2022-08-11 22:02 | Report Abuse

When is special dividend coming?

Posted by snowball2000 > 2022-08-26 07:51 | Report Abuse

Interim dividend of RM0.20 coming soon! ;)

yangxi

415 posts

Posted by yangxi > 2022-08-26 08:36 | Report Abuse

wow .. this yr total give RM0.60 dividend !!!!!!!! so kind boss.

Posted by snowball2000 > 2022-08-26 12:41 | Report Abuse

Yes, the younger boss is definitely kind enough to reward shareholders for their loyalty when the results are good. It should be able to pay even more if it monetizes its other businesses (other than auto, plantation, hotels etc) and make its vast land bank and healthcare segment sweat harder..

Posted by snowball2000 > 2022-08-26 14:39 | Report Abuse

ORIENT is by far one of the most UNDERVALUED stocks in Bursa. It has about RM5.50 in NET CASH per share as of the lastest QR and its NTA per share should be pushing RM12 per share within the current financial year (as it does not have much intangibles). Yet its share price is only at around RM6.90 now!!! Its EPS should also be close to RM1 per share this financial year!!! Apa lagi Mau??!! ;)

Golf123

92 posts

Posted by Golf123 > 2022-08-31 18:18 | Report Abuse

Good long yerm

Posted by snowball2000 > 2022-09-10 10:12 | Report Abuse

"Conglomerate Oriental Holdings Bhd (OHB) will be investing RM150 million to build a new hospital, called the Oriental Medical Segamat, in Johor. Oriental Medical Segamat managing director Dr Tan Hui Ling said the construction of the hospital, on a newly purchased 2.36-hectare piece of land, is OHB's second hospital after Oriental Melaka Straits Medical Centre (OMSMC) in Klebang, Melaka. Tan, who is also the MD of OMSMC, said the new hospital is part of OHB’s expansionary plans in the north Johor region."

dompeilee

11,888 posts

Posted by dompeilee > 2022-09-30 09:09 | Report Abuse

DURIAN RUNTUH!!! I bought 6k @ 6.10! =)

Posted by snowball2000 > 2022-10-14 10:30 | Report Abuse

RPT of RM1.2bil!

Posted by snowball2000 > 2022-10-14 10:31 | Report Abuse

Can you smell what is cooking??!!

kahhoeng

3,900 posts

Posted by kahhoeng > 2022-10-14 18:42 | Report Abuse

boon siew family wants some money, but they don't want to distribute cash dividend?

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

27,854 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

3,900 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

31,556 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

3,900 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

3,900 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

31,556 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

299 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...

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

RPT = Related Party Transaction

Post a Comment
Market Buzz