Posted by Profit1 > 2022-08-30 21:13 | Report Abuse

Of course, if the Borang H is obtained as claimed by a few here, it would not be mentioned in QR closing end of June 22. Keep your hopes alive. Waiting for Majidbai’s lead. I hope things are real.

Posted by TtreeInvestor > 2022-08-31 07:27 | Report Abuse

Set aside land acquisition, the Company improved its operation efficiency after change to newer generation management. In fact this year they made RM7m profit before tax, and income tax expenses in fact is only RM600k. Balance difference is deferred tax expenses (non cash item).

Posted by TtreeInvestor > 2022-09-01 09:32 | Report Abuse

Again so quiet, on or not on?

Posted by John Rambo > 2022-09-01 10:08 | Report Abuse

tunggu sept baru decide.. mana majid...

Posted by TtreeInvestor > 2022-09-01 10:20 | Report Abuse

RamboBro hari ni dah Sept

Posted by John Rambo > 2022-09-01 10:41 | Report Abuse

betul..

Posted by John Rambo > 2022-09-01 11:18 | Report Abuse

masih tidur..

Posted by TtreeInvestor > 2022-09-01 11:24 | Report Abuse

zzzZZZZ

Posted by John Rambo > 2022-09-01 11:36 | Report Abuse

pokok.. u only invest in one counter..

Posted by TtreeInvestor > 2022-09-01 11:44 | Report Abuse

now yes

Posted by TtreeInvestor > 2022-09-01 11:48 | Report Abuse

100% all in EDEN

Posted by John Rambo > 2022-09-01 11:52 | Report Abuse

u so confident.. what ur tp?

Posted by TtreeInvestor > 2022-09-01 14:15 | Report Abuse

0.50

Posted by John Rambo > 2022-09-01 15:44 | Report Abuse

sunyi betul.. macam rumah hantu

Posted by TtreeInvestor > 2022-09-01 15:56 | Report Abuse

Rambo, you ada holding saham lain?

Posted by John Rambo > 2022-09-01 16:10 | Report Abuse

yes.. another two counters (dnex/hibicus)

Posted by TtreeInvestor > 2022-09-01 16:31 | Report Abuse

both also super profit counters wow

Posted by yewdheng > 2022-09-01 16:40 | Report Abuse

Revenue & profit before tax both increase a lot.

Posted by yewdheng > 2022-09-01 16:41 | Report Abuse

Watch ARBB,ARBB PA, AGES, AGES PA.,Pworth,

Posted by yewdheng > 2022-09-01 16:42 | Report Abuse

these are some of those low PE ,trading below net asset value & making profit.

Posted by yewdheng > 2022-09-01 16:47 | Report Abuse

As for Eden, still profitable, increased revenue,increased PBT,plus the news on the sale of land....worth rm120million.....120 mil/ 460 milion( no# of shares)= 26 sen per share to its coffers.

Posted by TtreeInvestor > 2022-09-01 16:53 | Report Abuse

their land have 400+acres but valued at book only RM10+- per sqft.

but the acquisition at 25, say average 10 difference from book value and market value.

RM10/sqft x 400 acres x 43560sqft/acre = RM174,240,000 / 459m shares

Per share increase NTA = RM0.38

Existing NTA 0.70 + RM0.38 = RM1.08.

0.50 target price is not unreasonable what.

Posted by John Rambo > 2022-09-01 17:35 | Report Abuse

bila announce... tunggu tunggu pun letih

Posted by majidbai > 2022-09-01 21:31 | Report Abuse

Ttree, based on said report, the impact from land acquisition, Eden expected to gain RM45.48M which indirectly improve the EPS from (-4.29sen) to 7.00sen and NTA/N asset from 0.68sen to 0.82sen. In computing the target price I will use TNB as a base as it is fall under same group (electricity/energy). TNB is about 14 -16times of EPS . so for Eden, discounted at 50% of TNB, that will worked out to:
RM0.07sen X 14X 50% = 0.49sen OR 50% of Eden's NTA/NA = (0.82 X 50%)=0.42sen.
Thus, the TP is estimate around RM0.42sen to RM50 sen, thus your TP of 0.50sen is deemed reasonable to me.

Posted by sarjenpendek > 2022-09-01 21:39 | Report Abuse

majidbai, apa cerita dgn Borang H ?. klau dia orang dah terima, kenapa tak announce lagi...... Nak perap dulu macam buat kimchi.....

Posted by majidbai > 2022-09-01 22:04 | Report Abuse

Maybe they have encounter with some technical errors. my source yet to come back to me

Posted by sarjenpendek > 2022-09-01 22:25 | Report Abuse

Kita ni dah TERSILAP ....Kalau kita tengok yang lama, announcement dia orang buat BILA DAH dapat duit bukan selepas dapat borang.... Silap lah kita tertanya-tanya pasal borang... Persoalannya kalau borang dah terima .... so, now BILA NAK TERIMA DUIT PULA ?????? TU YG PENTING.... Kena zooming kat MRL pulak .....

Posted by sarjenpendek > 2022-09-01 22:26 | Report Abuse

Lagi cepat dapat duit , lagi cepatlah announcement dari Eden

Posted by majidbai > 2022-09-01 22:39 | Report Abuse

You are correct sarjenpendek. Last time they make announcement on land acquisition for railway line under ECRL after received the compensation..... So now need to know when they can get the compensation funds.

Posted by mrupai > 2022-09-02 04:56 | Report Abuse

MRL will play a central role in engaging with the various stakeholders of the ECRL, including the Government of Malaysia, contractors, partners and the wider communities of Malaysia. MRL is the owner of ECRL project - an electrified railway project by the Government of Malaysia linking the East Coast states (Kelantan, Terengganu, Pahang) to the Greater Klang Valley region.

Posted by TtreeInvestor > 2022-09-02 08:58 |

Post removed.Why?

Posted by TtreeInvestor > 2022-09-02 08:59 | Report Abuse

Personally i wil not surprise if major shareholders combined others to take private the company.

Posted by TtreeInvestor > 2022-09-02 09:07 | Report Abuse

Friends, i have been monitoring this counter so long already, from long term holding, then after lessons and lessons, to trade low sell high by its trend. The key fundamental to stay me monitoring this counter is for its compulsory acquisition.

Section 4 gazette is on April 2021 - potentially acquire and enter into further survey stage to determine more accurate size of land to be acquired

Section 8 gazette (thanks to Majida sharing) is on May 2022 - this is the key milestone that the exact acreage of the land already determined, only pending the amount of compensation to be finalized and repayment.

For this Section 8 confirmed, I think more or less is confirmed. Now the risk is the lowest time, but for your investment, I suggest you firstly need to factored worst come to worst hold until Dec 2022.

Posted by TtreeInvestor > 2022-09-02 09:10 | Report Abuse

And the most excited part is the post land compulsory acquisition, EDEN cannot do any land transaction (disposal of land) due to currently the title of lands is gazetted due to the ECRL KPC station until the completion. After clear off the balance sheet borrowings, any further disposal of land will be highly possible declared as dividend to distribute to shareholders.

Posted by TtreeInvestor > 2022-09-02 09:13 | Report Abuse

Last last call already, we hope we are the first batch masuk EDEN later on have the most lucrative return one. Anyone if have the land hearing date for pahang gebeng lands then will be more easier for us to estimate payment timing.

Posted by TtreeInvestor > 2022-09-02 09:18 | Report Abuse

Excluded those goreng counters, Bursa not much counters can have transaction (solid cash transaction) more than or equivalent to its market capitalization one. I noticed there is one counter call Harnlen, it happened many years ago end up the share price also up 100% after announcement plus a special dividend declared to shareholders.

From 60 cents to RM1.20-1.30.

Posted by SFC1980 > 2022-09-05 10:16 | Report Abuse

QR Tak kuat tapi harga saham ni Masih ok jer

Posted by Profit77 > 2022-09-06 02:04 | Report Abuse

Money from the land proceeds are coming from Timbaktu. So it will take a longer time to arrive here. Be patient.

Posted by lkang > 2022-09-06 05:51 | Report Abuse

Sometimes money can go missing

Posted by TtreeInvestor > 2022-09-06 09:33 | Report Abuse

Dont need be negative. Soon you will laugh until die.

Posted by TtreeInvestor > 2022-09-06 10:29 | Report Abuse

wasai today only have 1000 units transaction

Posted by SFC1980 > 2022-09-06 18:06 | Report Abuse

Makibai mana Sep sudah nak 1 minggu, Tak ada apa-apa berita juga

Posted by mrupai > 2022-09-06 19:40 | Report Abuse

It is like property "caveat" some portion of the loans with bank should be settled with this sales proceeds. So i guess it take sometime to settled some loan with bank 1st. Then balance of the sales should be arriving.. jual rumah pon macam ni

Posted by majidbai > 2022-09-06 23:38 | Report Abuse

What been known that there are technical errors. The final land hearing was on 1st week of August, and form H already received and returned to Land Office . Now just wait for payment. I don't think they like to delay it since it matter of HUGE AMOUNT OF MONEY ........... Now they will chase for payment from MRL Sdn Bhd . Once received it they will make necessary announcement same as per the 1st land acquisition announcement made on 4th Mar 2020.
therefore we just wait for their announcement. Just pray that the share price will FLY HIGH.......... TAK KAN LARI GUNUNG YANG DIKEJAR.....

Posted by sarjenpendek > 2022-09-06 23:44 | Report Abuse

Faktanya- land acquisition is REAL. maybe kelewatan tu memang tak dapat dielakkan .... Soooooo kita tunggu tapi mesti bulan ni juga.....

Posted by TtreeInvestor > 2022-09-07 08:44 | Report Abuse

I think even first round of compensation monies received after land hearing. They will still fight for additional compensation (wont disturb the first round compensation timing), this can be refer to the DBhd. Originally they are compensated RM4m (near to RM35/sqft), then they manage to get additional compensation of another RM4m (for the commercial loss for its planned development). Eden have similar justification here.

Posted by TtreeInvestor > 2022-09-07 08:45 | Report Abuse

Anytime from now will test RM0.20 (52 weeks highest).

Posted by TtreeInvestor > 2022-09-07 08:45 | Report Abuse

volume decreasing but the share price still firm. So just wait for the fire sparks to start.

Posted by majidbai > 2022-09-07 10:30 | Report Abuse

Confirmed delayed due to technical error- late in responded to the Borang H.
Hopefully, it can be resolved asap

Posted by TtreeInvestor > 2022-09-07 15:07 | Report Abuse

Step 1 Form A (Section 4) Notification that land is to be acquired is published in the Government Gazette
Step 2 Form B (Section 5) Notice that land is to be entered and surveyed
Step 3 Form C (Section 7) Preparation of plan and list of lands to be acquired
Step 4 Form D (Section 8) Declaration of Intended Acquisition of the scheduled land
Step 5 Form E (Section 10) Notice of enquiry to persons interested
Step 6 Form F (Section 11) Notice to persons interested to require evidence in writing
Step 7 Section 12 Enquiry before the Land Administrator
Step 8 Form G (Section 14) Written Award of Compensation by the Land Administrator
Step 9 Form H (Section 16) Service of Written Award of Compensation by the Land Administrator to persons interested
Step 10 Form I (Section 19) Notice to take possession in urgent cases before payment of compensation awarded by issuing “Certificate of Urgency”
Step 11 Form J (Section 20) Notice to occupants/owners to vacate building erected on acquired land
Step 12 Form K (Section 22) Notice that possession has been taken of acquired land
Step 13 Form L (Section 24) Notice to demand delivery of title document for acquired land