i dun think OSK gonna inject its own land into PJD because if the land is so good, OSK should keep the profit as much as possible in OSK. Why share so much of profit with PJD shareholders? OSK will cooperate with PJD in work but i doubt OSK gonna purposely promote PJD.

Distribute PJD shares to existing OSK shareholders is a way. Or else PJD need to have to find another shareholder to take up the shares

haha... RVI123.. ur thinking is wrong la.. If OSKH inject its development lands into PJD exchange for PJD shares, then OSKH will have more shares in PJD. How to reduce shares

BJCORP got its own problem... lots of debt, bad in property developer... cosway was privatised in high price and cosway end up losing $$ now.. BJFOOD and BJAUTO losing shine already. BJTOTO too

The above is wrong about negative interest rate.


http://money.cnn.com/2016/01/28/news/economy/bank-of-japan-negative-interest-rate/
The Bank of Japan said Friday that it will cut the rate on current accounts that commercial banks hold with it to minus 0.1%, adding that it will push the rate even lower if needed. The move basically means lenders will be charged to keep money with the central bank.

Regarding (1) lol... not 177 yen la. supposed to be 117. Now 116.9

http://www.thestar.com.my/business/business-news/2016/02/02/mbsb-bank-muamalat-merger-talks-fall-through/

no need support. just ask him do business properly and pay good dividends then price will go up

oil price drop but pba business will not be affected. People unlikely to default payment on water

Quek leng chan owning about 2% of RHB shares now

no matter got privatisation or not.. pba fundamental is good. this bastard just making the market messy

"DannyTanSiongKee": why these two bastards so impatient? Cannot wait is it? Sell now and get lost
18/12/2015 00:53

That time oskprop and pjdev shareholder also can exchange osk shares at undervalued price too

DannyTanSiongKee is a conman that simply say privatisation

azlan88 is looking at the negative side only. Will RHBCap continue to have this unusual low profit in the future? Every quarter do VSS?

No reply?

Below investment should explain the cash flow for investing

Refer to this news http://theantdaily.com/Business-Targeted/PBA-nears-nod-for-tariff-hike

The expansion of the Mengkuang Dam in Butterworth to increase its storage capacity from 22 million to 73.5 million cubic metres bodes well for PBA. The RM1.2 bil expansion was started in 2011 and is slated for completion in 2016.

The project also aims to increase water conveyance capacity from the dam to the Sungai Dua water treat­ment plant to 1,000 million litres per day (MLD) from the current 300.

Where did you get the information of pba privatisation?

water tariff already up. what to do?

just wait and see if PBA default. I can pay you RM100 if PBA defaults payment in next 1 year.

i think you don't understand business. Current liability means liability to pay within 1 year but that not yet count the $$ pba is receiving from additional business done in next 1 year.
Furthermore, almost every company got some bank facilities for working capital.

do you know what happened actually?? Revenue grow due to up in water price so it is reasonable for receivable to grow as well.
For current asset and current liability is not so important because the company is receiving cash by selling water every month . This amount of potential cash flow will not be reflected in financial statement so the current liability can surely be paid by its current assets and its potential cash flow.
Cash down due to acquisition of land, property,...

pe ratio should be only 5.xx-6.xx at current price

OSK completes takeover of PJD but not OSK Prop yet
By Supriya Surendran / digitaledge Daily | September 11, 2015 : 10:00 AM MYT


KUALA LUMPUR: The investing fraternity is waiting to see whether OSK Holdings Bhd ( Valuation: 2.00, Fundamental: 1.20) would be able to garner enough shares through its takeover bid to invoke a compulsory acquisition of OSK Property Holdings Bhd (OSKP) — an exercise for tycoon Tan Sri Ong Leong Huat to consolidate its property business.

OSK Holdings, controlled by Ong, has extended the closing period of its offer to Sept 15 from Sept 1 to obtain a higher acceptance level. As at Sept 8, OSK Holdings has acquired 95.5% of OSKP and its shareholding is on the verge of the compulsory acquisition threshold.

Should things go according to plan, shares of OSKP will be suspended from trading on Bursa Malaysia on Oct 22, said OSK Holdings in a statement yesterday.

To clarify the misconception that OSK Holdings had failed in its move to take PJ Development Bhd (PJD) ( Valuation: 2.40, Fundamental: 1.40) private, the group said OSK Holdings has “successfully completed” its takeover bid of PJD with an 89.4% stake at the close of the offer period on Sept 7.

“As stated in the OSKH’s offer document to the shareholders of PJD dated Aug 10, 2015, it is the intention of OSKH to maintain the listing status of PJD,” said the spokesman. However, he added that since PJD’s public shareholding spread is now below the minimum 25%, PJD will be seeking approval from Bursa Malaysia for time to meet the requirement.

OSK Holdings launched its takeover bid for OSKP and PJD at RM1.95 and RM1.56 per share, respectively, to enable the enlarged OSK Holdings group to consolidate the property development businesses of both PJD and OSKP with OSKH, which may lead to greater economies of scale and the benefits of cost synergies.



This article first appeared in digitaledge Daily, on September 11, 2015.

it is better to merge for more cost efficient

finally pba quarter result is out and reflecting the value of water tariff up

real or not that OLH buy OSK? if real, we would have seen it in bursa announcement? what is the meaning 1 billion ringgit to OSK? at current price, OSK mkt value at about 1.6 billion... 1 billion ringgit to buy OSK means he can buy all OSK shares from market to privatise OSK and still got remaining $$

is it really important to buy 100% oskprop? It seems does not matter much whether holding 75% or 100% oskprop because 75% is already about fully controlled the company

OSK will not recognise losses from RHB price drop because it is taking equity accounting method for RHB 10% shares. OSK will earn as long as RHB earning profit unless OSK shares % in RHB become lesser and turn RHB shares into trading securities.

good chance to privatise

due to WCT paradigm mall weak

OSKprop mall should be not very important? how big portion is it to contribute on OSK earnings?

28% tenants in paradigm mall owned by WCT dun wanna renew tenancy because WCT wanna price too high rent.

Briefing highlights. MBSB said the higher collective allowances made in 2Q15 stemmed mainly from the retail segment after a reassessment of both PD and LGD methodology. In terms of its plan to be a full-fledgedIslamic Bank, MBSB thinks that the bulk of the required Islamic banking platform is already in place. Its conventional books will need to be converted to the Islamic platform, but this should not be an issue. Lastly, MBSB is not in talks with Bank Muamalat on a potential deal.

already in account lo.. dividend

i thought the quarter result may just be about same or better than previous quarter. who knows worse than my expectation (i.e. worse than previous quarter)

i thought OLH no more direct control stake in PJD and OSKP warrant? should be all sold to OSK

so lousy result

it is in discussion with BNM but not yet get official confirmation from BNM to merge

1 wc for 1 mother share. Of course need to pay to convert at 5 years later.

why no logic on first day limit up? the warrant is cheap if trading at 20 sen. Time is value

Trading Limits (except new listings)

Stock > RM1
Limit Up: 30% Limit Down:30%

Stock < RM1
Limit Up: 30cent Limit Down:30cent



Trading Limits for new listings (including IPO listings)


Stock > RM1
Limit Up: 400% Limit Down:30%

Stock < RM1
Limit Up: 400% or 30cent whichever is higher Limit Down:30cent


Read more: http://www.knowthymoney.com/2012/07/what-is-limit-up-limit-down-in-bursa.html#ixzz3ho8RtH6H

sure it is only today because bursa assumed OSK-WC started with RM0.005 so the limit up for today is only 30sen. Tomorrow can move above 30 sen if people buying and of course you can place order 50 sen tomorrow to sell if you want to

what is the big cheater about? You can't sell higher today but you can sell higher tomorrow. What is the big difference?

rights issue means OLH needs to fork out super big amount of cash. No worry on OSK because OSK gearing was very low so OSK can use debt to buy oskprop and pjdev. Warrant is given not due to OSK need money now.

that warrant should worth at least 20-30sen on market

Probably big fund selling. Uoadev has always been very quiet n solid price in past year

umobile is not so related to BJCORP? vincent tan is holding umobile and umobile is still making losses

66 floor OSK tower should be building soon. a slight boost to OSK earnings

lol.. that was 2 years ago proposal which has been rejected 2 years ago