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Overview
Financial HighlightHeadlinesNo recent Headlines for this stock. Business Background Pacific & Orient Bhd is an investment holding company, which operates in diversified business. Its Insurance segment generates the major contribution of the revenue, by involving in the general insurance business and offering insurance products including motor car, motorcycle, property, travel, marine, and personal accident. Its Information technology segment offers IT related services to customers such as installing CCTV cameras, configuring servers, managing networks, computer peripheral troubleshooting, and more. It is also involved in money lending, investment holding, distribution of consumer goods, property development and dealings in properties and investments. Geographically it operates in Malaysia, Thailand, USA, and England, while earns the majority of the revenue from Malaysia.
![]() sheldon Despite management's valiant efforts, the performance is weak. Bonus issue is no big deal. 04/02/2018 11:02 PM thanaraj The dividend of P&0 is 6.28% but the quoted ROE is negative and varying considerably including negative. Hence the dividend and ROE are inconsistent. This makes me wonder why inconsistent behaviour. Can the company directors and management explain this inconsistency. 02/01/2019 4:56 PM thanaraj On 02/01/2019, I put my query as my comment on the inconsistency of an acceptable P&0 dividend of its DY of 6.28% and the negative value of the quoted ROE. In my opinion a good and acceptable value of its DY of 6.28% must have an acceptable ROE of at least +10 but the quoted value by the Company's ROE is negative. I raised a question if P&0 can explain this inconsistency. To date the management or directors have not answered my query. Can I please request P&0 to give me a reply to my query. 18/02/2019 11:18 AM sense maker The company distributes dividend out of retained, not current earnings. 26/04/2019 1:23 PM thanaraj at dy =5.75% the dividend return is Above yr bank FD rate of 3%. So its return is good. hence i will buy more shares for its return. Any comments from other investors and analysts welcome. 24/03/2020 4:12 PM Leong8123 They launched a good product. Flexible car insurance. Much lower cost. Low milleague pay lower premium. Up to 40% cheaper after ncb 55%. Mco. Everyone looking for cheaper insurance. Right product. Right time. What more? 12/08/2020 1:50 PM vision_engage P&O - https://www.facebook.com/12invest.my/photos/a.279021766086785/628679977787627/ 01/09/2020 9:55 AM vision_engage https://www.theedgemarkets.com/article/insurance-insurers-comeback-plan 09/10/2020 10:18 PM carefulpeeps Independent director, Lim Tian Huat is under instigation by MACC for corruption. He does not act with integrity and honesty 19/10/2020 9:29 AM lim1818 https://www.malaymail.com/news/money/2020/11/19/insurer-or-tech-company-with-promilej-poi-shows-that-it-can-be-both/1924002 19/11/2020 10:15 PM Investeye It's getting interesting with its management intention to unlock the value for counter. Just wait patiently while enjoy their consistent dividend payout which must higher than FD! 20/03/2021 2:38 PM Investeye As P&O owns 20% of Ancom + good dividend. Hopefully the share price will gradually up and up ! 19/04/2021 9:24 AM Kon Lim Chai Why P&O sold bulk of Ancom Warrant just before price doubled up? The buyer is also closely linked to Chan TS! 14/10/2021 7:11 AM Hew Kiong Peng George This Co got 19% in ancom n ancom wb, nylex.. Huge capital gain...dividend yield superb also..purely hidden gem 25/10/2021 7:54 PM Kon Lim Chai 2.5 sen dividend. Is this the first pleasant surprise in the so called unlock value exercise? 11/12/2021 1:43 PM lim1818 https://www.theedgemarkets.com/article/pacific-orient-sells-its-22-stake-singaporebased-data-software-firm 24/12/2021 9:39 PM lim1818 Commenting on other investments, he discloses that P&O also owns Silicon Markets Ltd, a company in London that provides foreign exchange trading systems that incorporate commodities, gold, silver and cryptocurrencies trading. Another UK-based company that P&O owns is Acumentive Ltd, a real-time asset locating, tracking and management firm, which generates an annual turnover of about £300,000 (RM1.68 million). “We now have a system that we could sell not just in the UK and Europe, but also Malaysia, Singapore and other Asian countries. We hope that within a year, Acumentive can generate a revenue of £1 million to £2 million,” he says. P&O also owns Cross-Flow Energy Ltd, a UK-based company that provides a wind turbine integrated energy system to areas that traditionally rely heavily on small-scale diesel power generators as a green energy alternative. Closer to the region, P&O has shares in HRBoss, a Singapore-based company that provides human resources software for recruiters, which has an annual turnover of US$5.5 million. 25/12/2021 9:18 PM Kon Lim Chai A lot of hidden net worth. Major shareholders willing to share in dividend pmt. Just keep the shares patiently For dividend and possibly favourable corporate exercise. 27/12/2021 11:32 AM lim1818 The Proposed Disposal is subject to the ratification by the shareholders of the Company in a general meeting to be held within 3 months from the completion date of the Proposed Disposal. The major Selling Shareholders of HHPL have exercised their rights of drag-along to compel all other minority Selling Shareholders of HHPL (including POD) to execute and proceed to completion of the SPA scheduled on a date no later than 31 December 2021. In this relation, the Company has proceeded with the execution of the SPA and will proceed with the completion of the SPA scheduled on a date no later than 31 December 2021 without imposing its Shareholders’ Approval as a condition precedent to the SPA. The Company has obtained irrevocable and unconditional undertakings dated 1 December 2021 from its major shareholders namely Chan Thye Seng, Mah Wing Investments Limited and Mah Wing Holdings Sdn Bhd with a collective 59.79% equity interest in the Company to vote in favour of the Proposed Disposal at the general meeting to be convened. The Company has also obtained the approval of Bursa Malaysia Securities Berhad on 17 December 2021 to seek shareholders’ ratification of the Proposed Disposal post completion of the Proposed Disposal. 27/12/2021 8:55 PM lim1818 mmediate Announcement of Changes in Treasury Shares PACIFIC & ORIENT BERHAD Date of transaction 22 Nov 2021 Currency Malaysian Ringgit (MYR) Type of changes Resale Total number of treasury shares changed (units) 100 Minimum price paid for each share sold ($$) 0.935 Maximum price paid for each share sold ($$) 0.935 Total consideration received ($$) 50.07 Total number of treasury shares held after the resale or transfer 19,303,493 Adjusted issued capital after cancellation (no. of shares) (units) 287,085,333 27/12/2021 8:56 PM lim1818 major shareholders namely Chan Thye Seng, Mah Wing Investments Limited and Mah Wing Holdings Sdn Bhd with a collective 59.79% + 6.72% (treasury held shares) = 66.51%. Easily can go for SCR to privatized P&O for a small sum from their large pile of cash holdings after disposing of Ancom and HRBoss 27/12/2021 9:02 PM Kon Lim Chai Major shareholders with intention to privatise are unlikely to pay high dividend. They are more likely to hide favourable info to press down prices. But Robert K privatised Jerneh many years and offered fair deal. 28/12/2021 7:57 AM lim1818 https://www.benzinga.com/pressreleases/23/03/n31378869/pacific-orient-properties-llc-celebrates-february-23-groundbreaking-ceremony-for-7918-west-drive-a 20/03/2023 6:44 PM ![]() ![]() | |