Posted by TtreeInvestor > 2021-06-03 14:22 | Report Abuse

Now is a time game loh. Jun, Jul, can Eden finish all the process? before mid July or end July (they have to attend to Tuanku already).

Posted by TtreeInvestor > 2021-06-03 14:25 | Report Abuse

But for very short term trade in and out, Eden still can expect something lah. Set cut loss and cut profit lines loh. Must be very becareful.

Posted by fl888 > 2021-06-03 15:24 | Report Abuse

Eden will now depend on the new substantial shareholder by way of 20% Private Placement at 16cts to be approved by KLSE tomorrow....

Posted by TtreeInvestor > 2021-06-03 15:28 | Report Abuse

fl888 be realistic, if they just announce like this plus now the MCO, you better expect by mid of June to get approval will be more realistic lah.

Posted by valueformoney > 2021-06-03 15:53 | Report Abuse

Lapsap announcement made by lapsap Eden

Posted by 27055825 > 2021-06-03 16:02 | Report Abuse

ZESB will continue to reduce the amount owing by monetising its assets in its investment
properties. The Group had entered into a Deed of Assignment, whereby ZESB assigned its
right in and to the net sale proceeds from the planned disposal of certain identified lands of
ZESB as settlement of the amount due to Stratavest, a wholly-owned subsidiary of EDEN. As
an assurance and commitment to the Group, ZESB has agreed and consented to the
lodgement of a private caveat of 4 identified lands by Stratavest which was duly lodged on 28
July 2012. The aforesaid 4 lands comprised of leasehold industrial land measuring in
aggregate 184.03 hectares, and are located in Gebeng Industrial Estate, Pahang. Based on
an internal valuation conducted by the management of EDEN in August 2020, the estimated
market value (in aggregate) for all 4 identified lands are approximately RM182.24 million.
Premised on this, the Board and management of EDEN are of the opinion that the
abovementioned carrying amount of RM49.39 million due from ZESB (holding company) are
recoverable, as the due amount can be fully and sufficiently covered by the potential sale
proceeds secured against the planned disposal of the 4 identified land

Posted by TtreeInvestor > 2021-06-03 16:02 | Report Abuse

value4$ Bro, dont be like that lah. To me not a good or bad announcement, just procedural they reply to query raised and share more to public. Nothing wrong. Today you manage to out out balance? i will left a bit bit to ensure i keep track to see the whole episode end. Haha.

Posted by valueformoney > 2021-06-03 16:03 | Report Abuse

Still cannot run remaining units @ 16. Sien lor

Posted by 27055825 > 2021-06-03 16:07 | Report Abuse

Ttree bro based on the announcement, the land doesnt belong to Eden,Its only a security by ZESB to repay Stratavest, a wholy owned subsidiary of Eden.
So Ttree bro does it mean Eden will not benefit from the acquisition except for the repayment of the debt from ZESB ??
Bro your comment plse.

Posted by TtreeInvestor > 2021-06-03 16:09 | Report Abuse

Be patience lah. We must respect to other investors also, although here is online forum platform but we still need to respect each others decision too. I hope you can exit your balance units at desired price loh.

Posted by TtreeInvestor > 2021-06-03 16:15 | Report Abuse

27055825

Bro, for simple explanation

Zil have 4 pcs of land, Eden have 3 pcs of land all in Gebeng.

Then Zil still owe Eden RM49m (in fixed and current assets, you can see it in balance sheet), for security purpose Zil pledge this 4 pcs of land to Eden.

As what i know, the compulsory acquisition will touch on both Zil and Eden land.

So as what i said just now, Eden can recover the money owed by Zil and at the same time can expect its own land kena compulsory acquisition as well loh.

All these are presented all the times in the Annual Report and QR. Only not as clear as this time writing.

Posted by TtreeInvestor > 2021-06-03 16:16 | Report Abuse

Of cos ya, as i said last time, my information maybe outdated and subject to change if inside got do any further changes.

Posted by TtreeInvestor > 2021-06-03 16:16 | Report Abuse

But above announcemnt nothing newer information

Posted by TtreeInvestor > 2021-06-03 16:18 | Report Abuse

Share price no move, also cannot confirm whether is still confirmed, or have changes, this one i dont know.

Posted by valueformoney > 2021-06-03 16:19 | Report Abuse

Put more buy queue @ 15.5 I want throw down

Posted by TtreeInvestor > 2021-06-03 16:21 | Report Abuse

i remember you bought at 15 or 15.5?

Posted by TtreeInvestor > 2021-06-03 16:21 | Report Abuse

15.5 got matched, only 15 one not able to get isnt it?

Posted by TtreeInvestor > 2021-06-03 16:22 | Report Abuse

Since partial 0.16 you match jor, then throw it down all the way to 0.15 loh, average 0.155 you also not losing mah.

Posted by justin1njp > 2021-06-03 16:28 | Report Abuse

RM( 182 / 403 ) million
RM 0.45.

45sen. + Current 74sen= RM 1.19
Can say so?

Posted by TtreeInvestor > 2021-06-03 16:29 | Report Abuse

how you calculate?

Posted by 27055825 > 2021-06-03 16:29 | Report Abuse

Ttree bro thanks for your reply, if such then there is good chance of limit up.

Posted by TtreeInvestor > 2021-06-03 16:29 | Report Abuse

cannot understand your mathematic

Posted by TtreeInvestor > 2021-06-03 16:30 | Report Abuse

anyhow, lets see whether share price got movement or not. Otherwise we talk big also no use.

Posted by TtreeInvestor > 2021-06-03 16:31 | Report Abuse

If share price moving, meaning something is right then we can in and out

If share price not moving, meaning dont expect too much d we talk berapa ringgit pun tak guna. exit is the only way for us.

Posted by justin1njp > 2021-06-03 16:33 | Report Abuse

4 piece of land worth 182 million.
Total share is 403 million.
Nta is 74sen.
So zil land 45 sen + nta 74 sen.
Then is rm 1.19.
Can say so?

Posted by TtreeInvestor > 2021-06-03 16:35 | Report Abuse

Justin

No. Apparently is Zil owed Eden RM49m, then use 182m worth of land as security. So in case Zil managed to sell its land. Then have to return Eden RM49m first so Eden only will consent to discharge the security.

Posted by TtreeInvestor > 2021-06-03 16:35 | Report Abuse

No impact on NTA.

Posted by TtreeInvestor > 2021-06-03 16:36 | Report Abuse

But of cos if you want to say Eden NTA is about RM1.19 i can agree because the NTA 74 cents only taking into cosideration of Gebeng Eden owned land valued at RM9-10 per sqft which you can estimate actual value at RM18 per sqft.

Posted by justin1njp > 2021-06-03 16:39 | Report Abuse

Double up of nta should b rm 1.48

Posted by TtreeInvestor > 2021-06-03 16:41 | Report Abuse

justin, Eden got other assets mah.

Posted by TtreeInvestor > 2021-06-03 16:42 | Report Abuse

you cannot just times 2 like that. But very close to RM1.19. Of cos NTA always not represent anything. If share price not move, your NTA RM10 also useless.

Posted by 27055825 > 2021-06-03 16:43 | Report Abuse

Anyway the current NTA 74 cents is very good compared to the top 20 volume stocks.

Posted by TtreeInvestor > 2021-06-03 16:43 | Report Abuse

Simple lah, i still holding some Eden lah, frankly also not much. My target now is simple. If share price move, then i can enter and trade short term.

Posted by TtreeInvestor > 2021-06-03 16:45 | Report Abuse

Whatever information we have already knew 7788. Now is whether materialised within the deadline. If share price move, yes, it is real; if share price not move, and dont wait until darurat end already. We should move away from this counter.

Posted by 27055825 > 2021-06-03 16:59 | Report Abuse

Wonder how cornered is this stock ?? If very cornered, can easily limit up within 1 hour.

Posted by valueformoney > 2021-06-03 17:13 | Report Abuse

Don't dream liao lor...Can 16 good enough

Posted by lka006678 > 2021-06-03 17:23 | Report Abuse

many stocks just simply move. IF Eden wants to move, nothing can stop it. Nta, profit are not important,

Posted by 5c0160 > 2021-06-03 18:01 | Report Abuse

NTA rm20 share price not move also rubbish. ppl have been talking how good is eden got ecrl land compensation but share price kana sai never move . Really is a lansai counter. Tmr 0.145

Posted by valueformoney > 2021-06-03 18:41 | Report Abuse

Totally agree with 5c0160 the 115 guy haha

Posted by fl888 > 2021-06-03 22:03 | Report Abuse

Eden will move up....next week..wait and see....

Posted by valueformoney > 2021-06-04 07:22 | Report Abuse

Move up to 16 matched my orders then do whatever you want.

Posted by TtreeInvestor > 2021-06-04 08:27 | Report Abuse

Our dear old horse counters all cash out. How crazy, both Horse and Hippo already take up whole 60 years wealth of malaysia.

Posted by valueformoney > 2021-06-04 09:01 | Report Abuse

Who is Horse and Hippo?

Posted by fl888 > 2021-06-04 09:59 | Report Abuse

i booked at 15.5.....valueformoney....give me lah....

Posted by valueformoney > 2021-06-04 10:03 | Report Abuse

Uncle Francis you should queue @ 12 most safe one.

Posted by TtreeInvestor > 2021-06-04 13:19 | Report Abuse

who is uncle francis?

Posted by 5c0160 > 2021-06-04 13:36 | Report Abuse

An old man call francis loh. Now tis rubbish counter nta rm50 also no use. Never can move. SELL

Posted by TtreeInvestor > 2021-06-04 13:43 | Report Abuse

haha

Posted by TtreeInvestor > 2021-06-04 13:43 | Report Abuse

I tot is one person using multiple accounts.

Posted by valueformoney > 2021-06-04 13:46 | Report Abuse

Me selling @ 16 no one want to buy from me