Followers
0
Following
0
Blog Posts
0
Threads
418
Blogs
Threads
Portfolio
Follower
Following
2016-04-08 10:24 | Report Abuse
don't laugh la.... coming d again la....
2016-04-07 18:06 | Report Abuse
I believe it's time to really look at the stock already since the current economic outlook in Malaysia, the construction industry is expected to be fruitful amid with the progressively announcement of government construction project such as MRT2, LRT3, Pan Borneo Highway etc.. in which OKA will be benefited indirectly.
So, what is OKA business? They are principally engaged in the manufacturing and sales of pre-cast concrete products such as concrete pipes, concrete spigot & socket pipes, jacketing pipes, box culverts, L-shape retaining wall units, U-shape drain, ready mixed concrete, reinforced concrete, beam, industrialised building system components, jetty components etc.
Especially, their pre-cast concrete products are mainly used in Malaysian infrastructure, sewarage, construction and also highway industry. (政府所颁发的项目很明显可以帮到OKA, “如鱼得水“.... )
OKA management team is implementing various cost optimisation strategies which is likely to support its profit margins going forward although there are risks on uncertainty of uncontrollable factor such as raw materials costs, manpower shortage issues etc.
Now, if we are looking at it's profit over the 3 years, it's in the growing. Looking at it's fundamental, no doubt, it's super attractive too. This company has no debt and with the current PE only 9.85.
It's intrinsic value according to discounted cash flow method shall be around 1.60 with margin of safety > 40% (safe).
Technically, if the price can breach up the previous resistance in the range of 1.03 - 1.07, we will see OKA to hit 1.20 as minimum. Optimistically, 1.41 (still below its intrinsic).
NOTE:
(1) OKA management started to accumulate (buying) this stock since Jan 16.
(2) Malaysia legendary investor (冷眼) is TOP 6 shareholder.
2016-04-06 15:48 | Report Abuse
How can an institutional investor bought 1.13 then heavy dumping just 10-20cents? If it goes up 1.80 also i believe.
This company has no debt with profit growth. Looking ahead, many projects still potential grab. Really good.
2016-04-06 15:46 | Report Abuse
I agreed with muscle. Handsome !!
2016-04-06 12:36 | Report Abuse
Definitely worth for 1.70 ++.
2016-04-06 12:03 | Report Abuse
Can, u can sell. There's no right or wrong. But I'm looking at currently management disposed 7.5mils share (at 1.05,1.13) to institutional, now is too early to said high. Also, they have high potential of getting more piling project for MRT2 etc. So, I rate it 1.44-1.45 minimum.
2016-04-06 11:49 | Report Abuse
The wave count has not yet end. Taking profit now can be too early.
2016-04-06 11:23 | Report Abuse
No need to say anything... just buy. TP 1.44-1.45
2016-03-29 13:48 | Report Abuse
Surprisingly, nothing go wrong on this stocks, but still sell down... sigh... However, i see TP 1.60 shall be in short to mid term.
2016-03-29 13:47 | Report Abuse
quarter result already out last month on 23th Feb. Next quarter result will be May.
2016-03-24 13:09 | Report Abuse
collecting collecting... 2.00 - 2.05 super good already... More upside foreseen. Min. 2.46 TP.
2016-03-24 13:07 | Report Abuse
something... 2 things. Good quarter result with the project awards !!!
2016-03-21 18:11 | Report Abuse
But volume still low... can't like that... else it drops easily... hehehe
2016-03-18 17:10 | Report Abuse
Don't be so pessimistic. Give it sometime. The return will be more.
2016-03-18 15:06 | Report Abuse
few steps to touch 1.18 resistance... come on... come on. Management selling many shares to institutional ... Please push ~
2016-03-18 15:05 | Report Abuse
This mean that mother shares soon fly. Crocs always accumulate the warrants then only push up the mother shares. Then when mother shares up, start selling warrants. Just like OCK, OCK WA.
2016-03-18 15:03 | Report Abuse
Yes... coming soon... Very soon. Must buy !!!
2016-03-17 15:29 | Report Abuse
ECONPILE after breakout 1.18 can go 1.44? Very good wor... Waiting....
2016-03-16 18:00 | Report Abuse
Based on the gearing ratio, the current price of the son already over valued..
2016-03-16 12:28 | Report Abuse
So laggard. But warrant seems coming already again one more round hehehe
2016-03-15 12:31 | Report Abuse
Agree that this stock worth for RM2.00. But i see it can go up to 2.40.
2016-03-11 13:13 | Report Abuse
the gear started yesterday and now neutral ...
2016-03-10 17:28 | Report Abuse
The quarter result already released. Profit YOY increased 235%.
2016-03-10 17:10 | Report Abuse
Yes... RM only drop a bit, the price will fast fast drop. Very crazy. Never really look at the fundamental at all. All these ppl seem that RM drop then this company can't earn money ah? haha...
2016-03-08 15:43 | Report Abuse
soon 1.40. That's a real fair to buy ?
2016-03-04 18:04 | Report Abuse
i WANT TO WAIT 1.50... ELSE I WILL NOT BUY....
2016-03-03 12:47 | Report Abuse
hahaha true also ... hope they don't share.
2016-03-03 12:46 | Report Abuse
beh lai la... keep consolidate ... must breach up 3.80 only got the confident... haha
2016-03-03 12:45 | Report Abuse
Could be going to 1.50-1.54. Careful!!!
2016-03-01 12:36 | Report Abuse
Lai lai lai... let's push both the BIMB and BIMB WA this afternoon session... I jump in.
2016-02-23 12:59 | Report Abuse
Seems good ~! But still volume low... Is this counter not good? Seems the company has improved its revenue/profit a lot...
2016-02-19 14:17 | Report Abuse
hmmm... if continue to drop, then around 4.00 will be the next level?
2016-02-19 14:16 | Report Abuse
1.40 is the next level high. HOLD...
2016-02-18 12:37 | Report Abuse
Is it? I am afraid it will drop further to around RM4.50...
2016-02-17 12:38 | Report Abuse
start to silent already this stock hahaha.... very very lag...
2016-02-16 17:19 | Report Abuse
Today close above 4.56, with 3 days candles forming piercing pattern. Not bad. A reversal pattern. Unfortunately the volume is still low... Will tomorrow continue get the support?
2016-02-15 18:34 | Report Abuse
I would say up tomorrow, still. However, the quarter result this month is deemed important for it to move further up.
2016-02-12 09:19 | Report Abuse
huhuhu 4.3 in. Will it drop further? hehe
Stock: [ECONBHD]: ECONPILE HOLDINGS BHD
2016-04-08 13:55 | Report Abuse
Yes... Still big hand collection as can be seen from the size lots traded.