KLSE (MYR): ORIENT (4006)
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Last Price
6.75
Today's Change
+0.01 (0.15%)
Day's Change
6.74 - 6.75
Trading Volume
7,000
Ann. Date | Date | Type | Name | Title | View |
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Yes, the younger boss is definitely kind enough to reward shareholders for their loyalty when the results are good. It should be able to pay even more if it monetizes its other businesses (other than auto, plantation, hotels etc) and make its vast land bank and healthcare segment sweat harder..
2022-08-26 12:41
ORIENT is by far one of the most UNDERVALUED stocks in Bursa. It has about RM5.50 in NET CASH per share as of the lastest QR and its NTA per share should be pushing RM12 per share within the current financial year (as it does not have much intangibles). Yet its share price is only at around RM6.90 now!!! Its EPS should also be close to RM1 per share this financial year!!! Apa lagi Mau??!! ;)
2022-08-26 14:39
"Conglomerate Oriental Holdings Bhd (OHB) will be investing RM150 million to build a new hospital, called the Oriental Medical Segamat, in Johor. Oriental Medical Segamat managing director Dr Tan Hui Ling said the construction of the hospital, on a newly purchased 2.36-hectare piece of land, is OHB's second hospital after Oriental Melaka Straits Medical Centre (OMSMC) in Klebang, Melaka. Tan, who is also the MD of OMSMC, said the new hospital is part of OHB’s expansionary plans in the north Johor region."
2022-09-10 10:12
boon siew family wants some money, but they don't want to distribute cash dividend?
2022-10-14 18:42
SGD is appreciating like crazy against currency of country full of thieving politicians...soared to another record 2day. They should buy assets in S'pore or HK or at least Indonesia.
2022-10-14 19:05
Mkt is just as bad as 2008. Funds unwilling to even buy solid companies like Orient. Thank God I have S$17,540 & $6,197 in greenbacks!
2022-10-14 19:07
It seems obvious the major shareholder is cashing out via RPT. Hopefully the valuation is fair too...
2022-10-17 10:23
if this RM2/share is cashed out via dividend payout, the share price should fly!!!
2022-10-17 10:44
Obviously NOT, since they are proposing 1.2 bil to go into their own pockets!
2022-10-17 17:21
Fabien _the efficient capital allocator
Since the RPT announcement, market reaction in terms of price movement has been positive
2022-10-21 20:43
Dumped some Orient in batches (highest @ 6.72) after securing the latest dividend, with the capital FREED to go elsewhere looking for more undervalued higher beta stocks. Also because the eventual result of the RPT on the co. going fwd is highly uncertain, with cash per shr down to below $4.
2022-10-27 09:16
Still a good company overall, it is just the recent RPT which is unsettling..
2022-10-27 12:54
Looking fwd to it tumbling back to 6.00 like the last time when one or two funds PANIC sell lol
2022-11-03 16:15
No more late yr dividend like '21 becos RPT is gobbling up all the cash...LOL
2022-12-31 08:06
Possible to have dividend like FY21, as cash is still plenty after RPT exercise. if this RPT goes through. Earnings and ROE will improves and will generate further positive cash flow. Who cares whether 1.2B is fair transaction or not since this stock has been fairly undervalued quite a bit since N years.
But the downside of this RPT is with the one-off huge cash generated by Loh family, they could easily take over OHB privately, in the open market.
2023-01-03 19:50
Oriental's dividend has never exceeded its operating cash flow if I were not wrong. So, if there's a lower dividend, that must mean only one thing, Oriental is not generating as much operating cash flow...
2023-01-13 18:16
Oriental is sitting on Rm 3.00 to Rm 5.00 cash per share equivalent mah!
Thus can afford paying very good div loh!
2023-01-13 19:01
yes, indeed. Think Oriental can easily afford to pay 0.60 - 0.80 dividend per year without much effort. Question is if the board is willing. The first Covid year saw a dividend cut that doesn't make sense given its cash in hand, but what can we as small shareholders do?
2023-01-14 11:36
Sad to say, but there is nothing much small shareholders can do. Hope the major shareholders are not only enriching themselves, having cashed out RM2 / share lately with RPT.... :(
2023-01-16 17:50
Wait long long till July for next divvy & even then it may be CUT to 10c or less becos plantation is back in the doldrums...
2023-02-14 15:15
OMG !!! Lost 88 mil!!! Luckily I SOLD the bulk of my holdings last year...
2023-02-28 18:53
Loss attributable to ordinary shareholders is rather small, 6.162 million.
2023-03-01 11:07
Given the fact that the RPT is expected to cash out RM2/share, ORIENT's cash balance will go down significantly post RPT. Further, its businesses are not expected to be doing very well given the state of economy we are in right now. Despite the plunge recently, it is still not considered cheap.
2023-03-02 11:04
SOLD all my Orient down to ZERO today...dividend yield is going to be FAR less than '22...confident I will have another chance @ below $6 in the coming months with the economic recession coming...
2 months ago
Thanks for the $3,600.49 in dividends & $1,688.28 in capital gains ...but NO THANKS for making me wait 8 years to recoup my investment!
2 months ago
glad to know Oriental is proposing 0.20 dividend. I initial thought there won't be any dividend for final when Q4 report is out and extremely disappointed.
1 month ago
Cash and bank balances will drop significantly post RPT. Praying very hard for dividend payout to be maintained moving forward...
1 month ago
snowball2000
UpTrEnD....
2022-07-28 10:42