ORIENTAL HOLDINGS BHD

KLSE (MYR): ORIENT (4006)

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Last Price

7.46

Today's Change

+0.08 (1.08%)

Day's Change

7.32 - 7.54

Trading Volume

259,200


3 people like this.

672 comment(s). Last comment by Golf123 1 month ago

dompeilee

11,889 posts

Posted by dompeilee > 2024-05-30 17:04 | Report Abuse

A fairly accurate re-entry by me...missing the lowest by about 3 days. Even more accurate is last week's purchase of Tokyo-listed Shinto (新東) @ ¥1,531. It TOPS the 3,938 other listed companies in Japan by % Gain today(30 May), rising by its limit UP of ¥400 to close @ ¥1,988! In the post-market action, it's trading @ ¥2,098... Excitiiiing!!!🤑

Posted by bullvestor > 2024-06-01 02:14 | Report Abuse

Why lost money last quater?

virgogo

142 posts

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.

virgogo

142 posts

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

dompeilee

11,889 posts

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!

4ever5

316 posts

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.

virgogo

142 posts

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,

dompeilee

11,889 posts

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

$7.05!!! DeLIGHT-FULL!!!😍🤗☝

dompeilee

11,889 posts

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!

iscmob

76 posts

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

** pls kindly ignore the second link **

Golf123

105 posts

Posted by Golf123 > 2 months ago | Report Abuse

Got 20 cents dividend

kk7198

2,494 posts

Posted by kk7198 > 1 month ago | Report Abuse

Good buy at current price.

Diamond7

2,359 posts

Posted by Diamond7 > 1 month ago | Report Abuse

Vow!
7.30
Any special news?

goldenhope

300 posts

Posted by goldenhope > 1 month ago | Report Abuse

Privatise soon ?

G-boy

445 posts

Posted by G-boy > 1 month ago | Report Abuse

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

Diamond7

2,359 posts

Posted by Diamond7 > 1 month ago | Report Abuse

October 5 th announce 20 cents dividend!

G-boy

445 posts

Posted by G-boy > 1 month ago | Report Abuse

long term up to double digit is not a dream!

Golf123

105 posts

Posted by Golf123 > 1 month ago | Report Abuse

Long term buy

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