Posted by virgogo > 2024-06-01 14:44 | Report Abuse

As a conglomerate and major businesses overseas that includes hotels, automobile and plantation, there is always effect from foreign currency movements including restructuring effects of the group. Looks for management, cash flow and business prospects of the group. Also NTA/net cash holding as a safety margin in a prolong economic downturn that will affect many industry.

Posted by virgogo > 2024-06-01 14:47 | Report Abuse

so, quarter to quarter assessment of the company may not be best judge of the company

Posted by bullvestor > 2024-06-04 16:52 | Report Abuse

Ty

Posted by dompeilee > 2024-06-07 09:08 | Report Abuse

L@@ks like even EPF (dVmb) continuous selling also can't stem the rising tide in Orient!

Posted by 4ever5 > 2024-06-09 23:32 | Report Abuse

This stock come to my attention after recent QR release. And i am wondering, why this company stock price is staying low even with high recurring income and huge pile of cash on hand. After reading Annual report from 2019 to 2023, i have come to a conclusion below.
1. The company revenue has shrunken. This is especially on automotive segment which used to be ORiental cash-cow business. Especially on Singapore market, revenue from 2.3billion(2019) dropped to 700mil(2023). Profit also fell from 292mil to 159mil. This is due to high competition from other car brands especially EVs. Numbers of Honda cars sold are dropping, shared in the annual report.
2. The revenue and profits in 2022 and 2023 is supported by plantation business thanks to CPO price surge high and as long as CPO price above $3500.
3. The past few years profits was good because of disposal hotel in Australia. in 2022, disposal gain 200m and recent Q1Y24, another disposal gain of 200m.

I do not own this stock, just did my due diligence study before investing in this stock as this stock really attract dividend investor like myself.
Since this company has huge pile of cash, I hope the board of director will make new move to expand their business.

Please share with me if my interpretation is wrong. I am still very keen to invest in this company if there is good points that i missed out.

Posted by virgogo > 2024-06-10 10:07 | Report Abuse

Investing in this company, with strong asset backing, diversified business locally and regionally with net cash of more than 2 billion is very hard to go wrong. Sometime you unlock value of assets and realise a subtantial profit is not a bad move especially if is a old hotel that has low occupancy and reguires substantial cost for refurbishment. After a restructuring of the major shareholding in the company, I suspect things will be much better going forward. Also their dividend policy now is much much better than prior years,

Posted by dompeilee > 2024-06-14 09:36 | Report Abuse

$7.05!!! DeLIGHT-FULL!!!😍🤗☝

Posted by dompeilee > 2024-06-28 09:26 | Report Abuse

Now that it already ex-dividend, with no more coming for more than 4 months, I think it will go down to at least 6.50 in the next few days. I myself already EXIT-ed yesterday @ $6.87 after bagging the latest dividend, refusing to be trapped like I was for 8 years from 2014-2022!

Posted by iscmob > 2024-07-31 15:47 | Report Abuse

I think these EV and hybrid are good news for Honda in MY right? Unless I'm wrong.

https://autobuzz.my/2024/07/25/honda-malaysia-delivers-150000th-hr-v-170000th-civic-as-1h2024-sales-jump-16/

https://paultan.org/2024/07/25/2024-neta-x-launched-in-malaysia/

Posted by iscmob > 2024-07-31 15:47 | Report Abuse

I think these EV and hybrid are good news for Honda in MY right? Unless I'm wrong.

https://autobuzz.my/2024/07/25/honda-malaysia-delivers-150000th-hr-v-170000th-civic-as-1h2024-sales-jump-16/

https://paultan.org/2024/07/25/2024-neta-x-launched-in-malaysia/

Posted by iscmob > 2024-07-31 15:51 | Report Abuse

** pls kindly ignore the second link **

Posted by iscmob > 2024-07-31 15:51 | Report Abuse

https://www.wapcar.my/news/new-2024-honda-city-hatchback-nets-over-3000-bookings-nearly-2x-higher-than-last-years-average-monthly-sales-80914

Posted by Golf123 > 2024-08-24 06:01 | Report Abuse

Got 20 cents dividend

Posted by kk7198 > 2024-09-13 20:28 | Report Abuse

Good buy at current price.

Posted by Diamond7 > 2 months ago | Report Abuse

Vow!
7.30
Any special news?

Posted by goldenhope > 2 months ago | Report Abuse

Privatise soon ?

Posted by G-boy > 2 months ago | Report Abuse

if privatise soon, there is no dividend declare lo...
so should be not privatise

Posted by Diamond7 > 2 months ago | Report Abuse

October 5 th announce 20 cents dividend!

Posted by G-boy > 2 months ago | Report Abuse

long term up to double digit is not a dream!

Posted by kk7198 > 1 month ago | Report Abuse

@G-boy, likely double digit next year. Now is a good time to collect again.

Posted by Golf123 > 4 weeks ago | Report Abuse

Good dividend coming

Posted by kk7198 > 4 weeks ago | Report Abuse

Possible. Even Lysaght with cash 97 mil also could declare 35 sen dividend. Oriental with cash more than 3 billion could easily declare more than 0.35 sen.

Posted by G-boy > 4 weeks ago | Report Abuse

This quarter no dividend la. Haha

Posted by G-boy > 4 weeks ago | Report Abuse

But chart setup is nice. Want breakout in weekly again

Posted by kk7198 > 4 weeks ago | Report Abuse

Can declare special dividend like Lysaght.

Posted by kk7198 > 4 weeks ago | Report Abuse

See Lysaght can move up very easily. Limited floats in open market. I just hold a miserable few lots.Should have acquired more after the bonus 11 for 10 last time.

Posted by abcb > 4 weeks ago | Report Abuse

Going to reward special dividend and bonus this time

Posted by abcb > 4 weeks ago | Report Abuse

TP9.00

Posted by G-boy > 3 weeks ago | Report Abuse

Hope got special div..but low chance...
u see lysaght..give 30sen then share price up 60sen..hahaha

Posted by G-boy > 3 weeks ago | Report Abuse

Hahah.
No special div.
Btw the plantation segment help alot in this quarter

Posted by snowball2000 > 3 weeks ago | Report Abuse

Latest QR is plainly bad!!!

Posted by kk7198 > 3 weeks ago | Report Abuse

Next QR would be much better. Collect again at 7.42

Posted by snowball2000 > 3 weeks ago | Report Abuse

Seems like the bottom has fallen off...

Posted by snowball2000 > 3 weeks ago | Report Abuse

3rd largest loser for the day, -0.41 or -5.42!

Posted by kk7198 > 3 weeks ago | Report Abuse

7.15 minus dividend= 6.95 critical support level. If can hold, will buy again. No worries fundamental is still intact.

Posted by AnndyYSYong > 3 weeks ago | Report Abuse

Why the price drop So much today ?

Posted by G-boy > 3 weeks ago | Report Abuse

msci rebalancing today

Posted by kk7198 > 3 weeks ago | Report Abuse

7.02 is cheap. Buy.

Posted by kk7198 > 3 weeks ago | Report Abuse

Strong support at 7.00. If break 6.95, dowmtrend .

Posted by kk7198 > 3 weeks ago | Report Abuse

Rare chance to buy below 7.00. Strong buy and guys,you must not miss it.

Posted by paulthesotong > 6 days ago | Report Abuse

WT...while since 23Yrs {2001} ago did Share Buyback...Can buy back to 10 with cash of 3.6B!