EASTERN & ORIENTAL BHD
KLSE (MYR): E&O (3417)
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Last Price
0.43
Today's Change
-0.01 (2.27%)
Day's Change
0.425 - 0.445
Trading Volume
1,019,800
Overview
Market Cap
635 Million
NOSH
1,477 Million
Avg Volume (4 weeks)
905,388
4 Weeks Range
0.405 - 0.465
4 Weeks Price Volatility (%)
41.67%
52 Weeks Range
0.39 - 0.62
52 Weeks Price Volatility (%)
17.39%
Previous Close
0.43
Open
0.44
Bid
0.425 x 177,100
Ask
0.43 x 49,900
Day's Range
0.425 - 0.445
Trading Volume
1,019,800
Financial Highlight
Latest Quarter | Ann. Date
30-Sep-2022 [#2] | 22-Nov-2022
Next QR | Est. Ann. Date
31-Dec-2022 | 23-Feb-2023
T4Q P/E | EY
7.42 | 13.47%
T4Q DY | Payout %
0.00% | 0.00%
T4Q NAPS | P/NAPS
1.19 | 0.36
T4Q NP Margin | ROE
36.63% | 4.87%
Market Buzz
2023-02-02
News and Blogs
Company Profile
Description:
Eastern & Oriental Bhd, or the E&O Group, is a property developer based in Malaysia. The company?s property development portfolio is spread across Kuala Lumpur, Penang, and Johor?s Iskandar Malaysia, as well as overseas in central London. For the overseas expansion, the company focuses on investment and development within prime locations in London, including Princes House along Kingsway, ESCA House in Bayswater, and a commercial property in Hammersmith. The E&O Group?s hospitality division provides a complementary lifestyle component that supports the core property development business, including the heritage Eastern & Oriental Hotel and Lone Pine Hotel in Penang, as well as the contemporary E&O Residences Kuala Lumpur in the capital?s vibrant city center.
Discussions
16 people like this. Showing 50 of 9,525 comments
Compared with previous results, amount loss narrowed to -72 ++ , previous -189 ++ , the offer was made based on previous results. So, there is nothing concern on the results. Don't hope for cheap tickets.
2021-05-29 09:15
New owner will take this company to newer heights. This is considered a good price now. By this year minimum rm2
2021-05-29 11:31
need to clean the shit first before can go higher le... one quarter loss rm70m
2021-05-29 22:05
let it gap down. let kenanga fella lose back their hard earn money. they are still holding many not yet distribute
2021-05-30 15:15
Of course not sure, that is the risks investors have to bear. If for sure, everybody will all in. Don't touch if you are not ready for the risks.
2021-05-31 07:01
Will take a long time for property sector to recover. Meanwhile , shift tge capital into other stocks.
2021-05-31 11:07
Seems like someone got dumped while stacking fake buyer. Smell something hangus
2021-06-02 10:18
Property sector to ride on cyclical recovery, says Public Investment Bank Research !
https://www.theedgemarkets.com/article/property-sector-ride-cyclical-recovery-says-public-investment-bank-research
buy and hold for this counter ^^
2021-06-18 12:41
Based on current rugi eps and malaysia economic condition, today share price 0.61 consider overvalue. For my opinion, pls only consider this stock at 0.50 .......
2021-07-07 17:02
""Housing development sector allowed to operate under National Recovery Plan Phase 1""
From source:
https://www.theedgemarkets.com/article/housing-development-sector-allowed-operate-under-national-recovery-plan-phase-1?type=malaysia
2021-07-27 16:46
""复苏首阶允房产领域复业 第二阶准许促销与展示""
Source:
https://www.kwongwah.com.my/?p=1032364
2021-07-27 20:11
now you know the standard, overpaid for services and brand. Even the buffet quality dropped so much.
2021-12-09 12:35
Eastern & Oriental (E&O) recorded a 3QFY22 net profit of RM7.8m, swinging back from the net loss of RM14.0m a quarter ago, with better margins achieved and improvements in the hospitality segment with the lifting of travel ban for local tourists. The hospitality segment’s performance was also bolstered by a one-off recognition on gain on lease modification of RM9.3m during the quarter, and waiver of rental of RM11.8m. Taking out these one-off items, Group net loss YTD is estimated at RM25.7m, which is 61% and 50% of our and consensus forecast. As mentioned earlier, we only expect the Group to see earnings recovery in FY23, underpinned by projects such as STP2A (maiden launch, “The Meg” was soft-launched recently) and The Peak (JV with Mitsui Fudosan, RM348m GDV. We adjust FY22 earnings upwards by 54% to account for one-off gains and nascent recovery for the hospitality segment. Separately, the Group has also proposed a rights issue of ICULS (1 ICULS for every 2 existing ordinary shares in E&O) to raise between RM178m and RM363m, mainly to be used for existing and future projects. Pending the completion, we maintain our Neutral call with TP unchanged at RM0.60, pegged at ~70% discount to RNAV, excluding STP2B&C.
2022-04-22 16:47
3QFY21 Group revenue dropped 36% YoY due mainly to the absence of new launches, and also slower-than-expected sales in on-going projects (mainly Conlay, KL). The properties segment recorded a drop of 56.3% YoY to RM65.8m, primarily due to a sale of land of RM55.0m last year and lower sales of completed properties YTD. Meanwhile, the hospitality segment recorded revenue of RM16.6m or increase of 25.8% YoY due to higher revenue generated following the lifting of interstate travel ban for local tourists. The segment recorded an operating profit of RM10.8m YTD, mainly lifted by the recognition of gain on lease modification of RM9.3m and waiver of rental of RM11.8m.
2022-04-22 16:47
Proposed rights issue. The Group proposed a renounceable rights issue of up to RM363m in nominal value of 5-year 3.80% irredeemable convertible unsecured loan stocks (ICULS) at 100% of their nominal value of RM0.50 each, on the basis of 1 ICULS for every 2 existing ordinary shares in E&O. Assuming maximum scenario, it plans to utilize 80% of the proceeds to embark on several new development projects and reclamation of Andaman Phase 2B and 2C. We understand that the fixed funding cost of 3.8% per annum (p.a.) is comparable to the Group’s current average borrowing cost of 3.77% p.a. The exercise is expected to be completed by 4QCY22.
2022-04-22 16:47
Company is healthy just that thing is a bit outdated, hope for the improvement on business , only that share price will fly
2022-06-07 11:58
ICULS at 0.50 will be a flop. Why buy ICULS when we can buy the parent at a lower price.
2022-09-15 11:55
Based on my calculation , the fair value of e&o in year 2023 will be 0.80, today closing 0.415, think about that.........
2022-10-13 18:16
As rule of thumb, no matter how attractive is the fair price, never buy a stock that is on down trend.
Just look at the share price, is been on down trend since 2014. Even if you buy today, you never know how long your capital will stuck in this stock for how long. Stay away
2022-10-27 22:39
Coupon rate of 3.8% p.a. for the ICULS is the not attractive especially in the current environment of high and increasing interest rate. Worth mentioning that there are other similar securities currently listed that offer higher yields and better future biz prospects.
3 weeks ago
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henry888
At least 0.600 offer price. 0.600 below sapu....
2021-05-29 08:34