ORIENTAL HOLDINGS BHD

KLSE (MYR): ORIENT (4006)

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Last Price

6.97

Today's Change

-0.18 (2.52%)

Day's Change

6.96 - 7.24

Trading Volume

1,220,900

Discussions
3 people like this. Showing 50 of 642 comments

kahhoeng

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.

2023-04-14 19:43

snowball2000

Dividend payout is necessary for share price maintenance, keep it up! ;)

2023-04-19 10:27

stockraider

Very good dividend yield loh!

Oriental is a good bluechip investment mah!

2023-04-19 13:37

snowball2000

Cash and bank balances will drop significantly post RPT. Praying very hard for dividend payout to be maintained moving forward...

2023-04-28 11:06

dompeilee

As I thought, price drop MORE than the dividend quantum...wait below $6 with EPF still needing to desperately SELL hehe

2023-06-30 19:42

Dehcomic01

For most of the time over the past decade, its ROE has been around 5%. You can get similar returns from your EPF. If you want to hunt for Bursa auto companies, there are better choices in BAUTO and HLInd. Go to "Are there opportunities in the Bursa auto sector" in my blog

2023-11-01 10:14

snowball2000

KWSP keeps selling, still a long way to go... Looks like ORIENT price will not go up in the foreseeable future...

2023-11-02 17:44

snowball2000

RPT = Related Party Transaction

2023-11-07 12:23

stockraider

Strong buy for longterm investment mah!

2023-11-08 10:47

snowball2000

How is the coming QR gonna be? Insight, anyone?

2023-11-23 08:57

hw0706

oil palm division is due to replanting for indonesia

2023-11-26 06:00

hw0706

with the FFB remain low at below rm650.00 / cpo is at RM3,700....

2023-11-26 06:07

snowball2000

Should we be expecting lower net profit?

2023-11-28 08:54

lionel messi

The better question is should we be expecting bigger dividend?

2024-01-22 09:37

stockraider

Those investing in Oriental cannot go wrong loh!

The profits & div is good mah!

2 months ago

lionel messi

Really? Cool. Grab some for yourself too stockraider.

2 months ago

ykloh

OHB management strength is in motor business. It is seeking growth in property and hotel sectors where its expertise is unknown.

2 months ago

geary

ORIENT...Should be around...@8.00...If Mr. Market is rational...added/hold...🤓
5 days ago
🙏...Price Weakness<@6.00...can add more ..🤓

2 months ago

sugerdad

epf 还有6%。
不到它要卖到什么时候

1 month ago

alankan8

What happen? Huge loss?

1 month ago

sugerdad

没有股息还大亏钱。。明天不懂跌多少

1 month ago

Kitty Kitty

Read the quarter report and you'll understand more about the reason behind this. Overall its a corporate process of acquisition whereas most of the segments recorded growth. For the impact over the long run, it will most likely be positive.

1 month ago

virgogo

For those who are new in the market, buy this stock and keep. Very difficult to lose
your money. Fundamentally strong and rich in assets stock. Hope the restructuring of their shareholding structure will bring good news. Disclaimer is buy at your own risk

1 week ago

yangxi

2nd interim dividend soon? hehe

1 week ago

pang72

dompeilee

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...

2023-03-15 16:55


dompeilee

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!

2023-03-15 17:03


REVERSE INDICATORS SELLING FINISHED THE STOCK..
NO WONDER UP DRASTICALLY....

CONTINUE UP LOL:)

1 week ago

pang72

Confident below 6???
Adui!!! $10 mari lo

1 week ago

pang72

Nta $12 selling 50% discount at $6.70...
....really plenty of black gold waiting for us to grab

1 week ago

Fabien _the efficient capital allocator

Orient's RNAV easily RM15-18

1 week ago

Diamond7

Loh family reorganises its shareholding in Oriental Holdings

1 week ago

Diamond7

This article first appeared in The Edge Malaysia Weekly on April 1, 2024 - April 7, 2024

AN internal restructuring of the low-profile Oriental Holdings Bhd has paved the way for a clear structure on the ownership of the group that was founded by the late Tan Sri Loh Boon Siew.

Based on a slew of Bursa Malaysia announcements since late February, it appears that the Penang-based members of the Loh family have joined hands to put their shareholding under a new holding company called Pacific Carnival Sdn Bhd.

The new holding company replaces Boon Siew Sdn Bhd as the single-largest shareholder in Oriental Holdings.

The shares of the Loh family members who are based in Singapore and Kuala Lumpur, namely Datuk Loh Cheng Yean and Datin Loh Ean, are carved out and held separately under their respective names.

An analyst who is familiar with the group tells The Edge that the planned internal restructuring in its flagship company Oriental Holdings will see the Penang-based family members of the Loh family continuing to helm the group.

1 week ago

Diamond7

They have been running the show in the past, since Tan Sri Loh passed away. So, it is just a transition to the third generation. Notably, the heirs of Tan Sri’s two sons have inherited the bulk of the shareholding,” she says.

When Boon Siew Sdn Bhd was collectively managed by the various family members, it was unclear exactly who held major ownership of Oriental Holdings. The group held a 49.2% equity stake in it, and smaller stakes were held by several private entities.

The private entities through which the Loh family held their stake in Oriental Holdings included the Penang Yellow Bus Sdn Bhd, Bayview Hotel Sdn Bhd, Boontong Estates Sdn Bhd and Boon Siew Development Sdn Bhd.

Following the internal restructuring, Pacific Carnival emerged with a 36.74% shareholding in Oriental Holdings. The other companies ceased to be substantial shareholders.

Based on Bursa filings, the bulk of the shares in Pacific Carnival have been apportioned to the family of Loh Kar Bee (32.17%) and that of his late elder brother Kah Kheng (31.43%). Both are sons of Boon Siew, who made his fortunes from the distribution and assembling of cars and motorcycles under the Honda marque, and from the manufacturing of parts and components for the assembly plant.

The 31.43% bloc of Kah Kheng’s family is held by his daughter Loh Wei-Lyn, whose role in the family business is unclear. Kah Kheng was managing director of Oriental Holdings at the time of his demise in 1987.

1 week ago

Diamond7

Two blocks of 17.8% each in Pacific Carnival are held by companies belonging to Boon Siew’s daughters — Loh Gim Ean and Loh Phoy Yen, who is married to Datuk Seri Lim Su Tong. Gim Ean’s son, Datuk Seri Tan Hui Jing, and Lim are executive directors in Oriental Holdings.

Shirley Kathreyn Yap, who is Wei-Lyn’s mother and Kah Kheng’s widow, holds a 0.81% stake in Pacific Carnival.

The shareholding restructuring effectively shows that Boon Siew’s daughters, Loh Cheng Yean and Loh Ean, each hold an equity stake of 6.8% in Oriental Holdings. Their families are based in Singapore and Kuala Lumpur respectively.

After Boon Siew passed away in 1995, Cheng Yean, together with her brothers-in-law — Datuk Robert Wong and Lim — took over the driver’s seat at Oriental Holdings.

In 2015, Oriental Holdings executive chairman Datuk Loh Kian Chong, 47, who is Kar Bee’s son, took over as executive chairman of Oriental Holdings and led the third generation of the Loh family into managing the business. Kian Chong’s cousins, Tan Kheng Hwee, 58, and Tan Hui Jing, 43, have been executive directors since January 2015.

Kheng Hwee is the daughter of Cheng Yean; and Hui Jing is the son of Gim Ean.

The third generation was guided by Robert Wong Lum Kong, 83, and Lim, 79, who are group managing directors of Oriental Holdings

1 week ago

MG9231

For rich family with landed and plantation properties, just let the Co auto pilot for a decades also can continues growing their wealth

1 week ago

iscmob

https://theedgemalaysia.com/node/706520

"Not on investors’ radar
Oriental Holdings is a solid company with substantial cash and strong tangible assets, some of which are undervalued, the analyst adds. “It not on the radar of investors because its shareholding structure leaves very little liquidity in the group.”

It is noteworthy that the Employees Provident Fund has been paring down its stake in Oriental Holdings since as early as December 2019, when it had a 9.9% stake. As at March 15, its stake had contracted to 5.8%.

In the past five years, Oriental Holdings paid out annual dividends per share ranging between 20 sen and 44 sen.

Its share price, which hit a year-to-date peak of RM6.47 on Feb 28, closed at RM6.34 on March 29, giving the company a market capitalisation of RM3.93 billion. Perhaps with a restructured shareholding, the third generation will be more aggressive in unlocking value within the group."

1 week ago

iscmob

https://theedgemalaysia.com/node/705759

"While the shareholding structure is clear, what remains to be seen is whether the third generation will unlock value in Oriental. The company has a healthy pile of cash, generates healthy cash flow and has land to develop.

Still, unlocking the value of the assets is taking a long time."

1 week ago

MG9231

share price moves ahead of unlocking value of assets held

1 week ago

pang72

Reverse indicator old dompeilee is working very well in bursa after she ran road to Japanese

1 week ago

Diamond7

Vow!
Touch 7.20

1 week ago

pang72

Nta=$12. 2

1 week ago

pang72

Slowly up..
We got a lot time to up from $7.2 to $12.2

1 week ago

MG9231

This one better than KSL , strong NTA to catch up and giving 5.6% dividend yield for immediate purchase!

1 week ago

stockraider

Stop speculating & start investing loh!
Oriental is another very good quality performance counter u should buy mah!
And it pays good div too loh!

1 week ago

Bullkobear

invest this counter is equivalent to buy a piece of land

1 week ago

stockraider

Land investment do not pay div yield of 5% to 7% pa div but Oriental pays mah!

1 week ago

MG9231

Dividend receive can be enjoyed right now while capital gain by holding it can pass it to next generation. Best fit for estate planning

1 week ago

Diamond7

Hidden gem
Strong NTA
High dividend!

Stay patiently here for third generation to unlock its balu!

1 week ago

Diamond7

Value....typo error

1 week ago

Diamond7

End of month announced dividend
Normally 20 cents
Hopefully this round give 50 cents like Harison!

6 days ago

KingKKK

Why Q4 2023 EPS negative 9.69 sen?

6 days ago

geary

ORIENT...Should be around...@8.20...If Mr. Market is rational...added/hold...🤓
50/200SMA. Hold!

1 day ago

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