EDEN INC. BHD

KLSE (MYR): EDEN (7471)

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Last Price

0.15

Today's Change

0.00 (0.00%)

Day's Change

0.15 - 0.15

Trading Volume

186,000


4 people like this.

9,625 comment(s). Last comment by Semplicita 3 weeks ago

Jjkcl

883 posts

Posted by Jjkcl > 2021-03-01 21:47 | Report Abuse

Qr disappointing

Michael R.

4,810 posts

Posted by Michael R. > 2021-03-01 22:07 | Report Abuse

From the QR, EDEN reported nett loss but here some good points :

The Sungai Kenerong Hydro PowerPlant was 100% no power outage, contributed 74% of total revenue to the company. EDEN to seek and explore more opportunities under Renewable Enegergy (SEDA).

Loss due to affected FnB business due to Covid 19.

Got RM14.3mil impairment on trade receivable, could anyone furnish some info on this matter? This aspect causes the Net loss position.

stevenckheng

1,336 posts

Posted by stevenckheng > 2021-03-01 22:25 | Report Abuse

no people care about it's QR, only eyeing on it's land for ECRL

thesteward

6,781 posts

Posted by thesteward > 2021-03-01 22:29 | Report Abuse

After reading the notes I believe I made the right investment choice in Eden . Fingers crossed

Michael R.

4,810 posts

Posted by Michael R. > 2021-03-01 22:29 | Report Abuse

OK... that ECRL land grab has been since 2020 to date no news....hope so coming this week..

BabyAce

1,833 posts

Posted by BabyAce > 2021-03-01 22:35 | Report Abuse

Steady bom bibi

27055825

1,438 posts

Posted by 27055825 > 2021-03-01 23:24 | Report Abuse

Yes QR is no issue otherwise insiders would have sold Must be something brewing

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 06:23 | Report Abuse

QR of Eden actually is nothing special and as usual.

Based on segmentation reporting:
1) Energy - Profitable as usual
2) F&B Tourism - Loss
3) Investment - Loss (Amortisation of leasehold lands)

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 06:29 | Report Abuse

If today got some silly guys throw their warrants please take it.

Simple calculation for all of us

Warrants total 150m units, if based on 100% units at RM0.05, the total worth is only RM7.5m
If minus out 30% is controlling shareholders recorded portions, then public float is only 70% of it, i.e. RM5.25m.

When the mother share price go to RM0.20-0.25 which near to exercise price, many warrants holders wont throw already as near to exercise price and worth to bet on it and the volume in market will be less and less. Subsequent buyers need to pay very high premium due to supply and demand.

fl888

7,691 posts

Posted by fl888 > 2021-03-02 07:04 | Report Abuse

Likely Eden will be stock to watch in March in view of pending ECRL updates and what holding back foreign institutional investors from joining the buying spree is the unqualified opinions by the external Auditors on Eden financial accounts,which needs to be addressed in a more convincing manner and will be better if removed...

BabyAce

1,833 posts

Posted by BabyAce > 2021-03-02 08:04 | Report Abuse

Once ECRL land settled, current assets is > current liabilities so no more uncertainties. Moreover ECRL mari means the amount owed by immediate holding company also settle.

lkang

267 posts

Posted by lkang > 2021-03-02 08:22 | Report Abuse

IF a stock wants to move , it does not need a reason. MANY stocks just move even it reported losses. NOBODY can stop them.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 08:27 | Report Abuse

One thing have to know, financial position of the company is at their lowest position but they still can survive. They still have unutilised OD and RCN lines but based on recent quarters, they are able to sustain based on their current cash position and no need to utilise.

So interesting thing is, when the further disposal done then the Company cashflow position will be turnaround. Thats why my earlier comment, "the Company will be at another level".

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 08:35 | Report Abuse

Besides, many people may mislook on this - Page 14 of latest QR

The auditors expressed unqualified opinion (for material uncertainty related to going concern).

The management pursuade current and former auditors the going concern supported by

"the timely completion of the planned disposal of investment properties"

Throw back a question, what are investment properties in the book?
1) The Underwater World Langkawi - Land and Building - current valuation RM16-17m
2) Kuantan Gebeng Land - RM184m

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 08:35 | Report Abuse

Lets rock Eden today! haha

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 08:37 | Report Abuse

Will add in some warrants today to join you guys force, haha.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 08:50 | Report Abuse

28 days!

Posted by GemenchehLawyer > 2021-03-02 08:51 | Report Abuse

The above 2 investment property already worth RM200mil.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 08:59 | Report Abuse

Dont forget the Kuantan gebeng land is valued at RM9.7/sqft earlier on is valued at RM8/sqft.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 08:59 | Report Abuse

the valuation at least double.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 09:00 | Report Abuse

today will break 0.20 Eden! Eden! Eden!

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 09:08 | Report Abuse

Volume is building. Nice.

newbie9893

2,240 posts

Posted by newbie9893 > 2021-03-02 09:09 | Report Abuse

finally broke 0.20

Posted by bestata4896 > 2021-03-02 09:09 | Report Abuse

INI KALI LAH

newbie9893

2,240 posts

Posted by newbie9893 > 2021-03-02 09:10 | Report Abuse

heading to .30 today

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 09:11 | Report Abuse

huhu, this time is real.

Posted by GorengHealthcare > 2021-03-02 09:13 | Report Abuse

wow sold @@

fl888

7,691 posts

Posted by fl888 > 2021-03-02 09:13 | Report Abuse

Foreign institution support will be good.....RM1 possible????

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 09:14 | Report Abuse

ECRL Coming Soon - See you at RM0.50

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 09:14 | Report Abuse

i am waiting 3 times profit

BabyAce

1,833 posts

Posted by BabyAce > 2021-03-02 09:16 | Report Abuse

Normally when really go up Eden need to rely on news. But this time....haha I guess its real.

Posted by bestata4896 > 2021-03-02 09:16 | Report Abuse

tis week possible will limit up......stay tune

Michael R.

4,810 posts

Posted by Michael R. > 2021-03-02 09:16 | Report Abuse

Congrats!!! Power!!!!

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 09:17 | Report Abuse

you see the warrants volume. it is not cyclical trading the volume become less and less not because no one want to buy. is no one want to sell. It is collecting process.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 09:18 | Report Abuse

Rest a while. Stay tune. Wait Limit Up in this coming weeks.

BabyAce

1,833 posts

Posted by BabyAce > 2021-03-02 09:19 | Report Abuse

Should have listen to pokok yesterday sell all mother all in warrant haha

fl888

7,691 posts

Posted by fl888 > 2021-03-02 09:22 | Report Abuse

just having volume now is more than good enough...

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 09:23 | Report Abuse

Haha, in fact, can convert partial our profit into warrants

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 09:23 | Report Abuse

Leverage your gain further and maximise your profit.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 09:24 | Report Abuse

To those who got hold warrants and mother shares. if you have holding power, just keep it, i think operator will try to shake off one time before next round super wave.

Posted by GemenchehLawyer > 2021-03-02 09:27 | Report Abuse

Congrats to BabyAce. Warrant up.

BabyAce

1,833 posts

Posted by BabyAce > 2021-03-02 09:30 | Report Abuse

I hold more mother leh...Mother you need to touch 30 sens to make me happy

BabyAce

1,833 posts

Posted by BabyAce > 2021-03-02 09:31 | Report Abuse

Just hold for the moment, I guess one big news is on the way.

dompeilee

11,888 posts

Posted by dompeilee > 2021-03-02 09:34 | Report Abuse

dompeilee Bought Eden @ 17c
05/08/2020 2:42 PM


Bought more Eden @ 17.5c. Recommended to my preferred clients over the weekend.
01/03/2021 3:51 PM

The cautious part of my decided to cash out 1/3 of my Eden fr 22-23c this morning =) Holding the rest for HIGHER prices! =)

BabyAce

1,833 posts

Posted by BabyAce > 2021-03-02 09:39 | Report Abuse

Aiyaaa too excited today, better go back to work. Later boss marah.

Posted by bestata4896 > 2021-03-02 09:41 | Report Abuse

jio ur boss buy eden la. so he wont marah again. haha

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 09:51 | Report Abuse

Average up a bit to 0.215

Posted by about time > 2021-03-02 10:01 | Report Abuse

rescue me from penthouse 24.5

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 10:02 | Report Abuse

Looks like after this still have one resistance at 0.25+-, after overcome should be lengzhai d.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2021-03-02 10:07 | Report Abuse

Have a break, have a kit kat.

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