OLH bought 1,650,900 shares from the open market over 5 trading days from 19/12 to 26/12. Price has gone up by 40% from around 40 sen to 56.5 sen. Cheers.
Bad QR is the past, future QR will improve due to write back of investments marked to market. A few days before Christmas there was an unusual spike in volume which gave indication that someone was accumulating in a big way which turned out to be OLH. This also coincide with share buy backs done by OSK. OLH is shoring up the market values of both his companies. Between the two, OSKVI gave a better return.
I am very thankful to OLH for suddenly buying up OSKVI shares and in the process ram up the price by over 40%. Merry Christmas and a Happy New Year to you Tan Sri.
Thank you, same to you. If one's average purchase cost is low, one can always sell when the uptrend appears to end. Sadly, many people are stuck at higher cost. I still have a small position and I think OLH will resume buying.
yes, buy low, to sell high at the uptrend, sounds easy but difficult to practice sometimes, because often the lows is at corrections, price is dropping fast, to test the support levels and the instinct is to stay away. The usual approach is to jump in to buy, when the stk has moved higher to what look like an uptrend, which often end up as a buy high when the price move down soon after, hahaha Thks for valuable sharing !
Listed Companies from Same Sectors Fintec global berhad osk ventures international berhad
OSKVI The principal activities of the company is an investment holding company. The Group is principally engaged in venture capital business and private equity business which includes incubating high growth companies, management of private funds and holding of long term investments. Its current investments held are focused mainly in the internet and network solutions, application software and systems, telecommunication services, consumer products and oil and gas industries. Venture capital business and private equity business
Fintec global berhad The principal activities of the Company are technology incubation and investment holding. Group Activities The Asia Bioenergy Group is a technology incubator and strategy advisory group that focuses on incubating start-up technology companies, particularly those operating in the bioenergy and biotechnology sectors. The Group is organised into the following business segments: a) Technology incubation - Technology incubator, provision of management and strategic advisory services, research related activities and sale of machineries with the objective of commercialising technologies in bio-energy and biotechnology sectors b) Portfolio investment – Portfolio investment in quoted shares c) Biotechnology products - Engineering, procurement and technology provision for biomass power plants as well as production and sale of microbial related products Technology incubator servicesof the Company are technology incubation and investment holding. Group Activities The Asia Bioenergy Group is a technology incubator and strategy advisory group that focuses on incubating start-up technology companies, particularly those operating in the bioenergy and biotechnology sectors. The Group is organised into the following business segments: a) Technology incubation - Technology incubator, provision of management and strategic advisory services, research related activities and sale of machineries with the objective of commercialising technologies in bio-energy and biotechnology sectors b) Portfolio investment – Portfolio investment in quoted shares c) Biotechnology products - Engineering, procurement and technology provision for biomass power plants as well as production and sale of microbial related products Technology incubator services
Good companies dont do well in this lousy market.. Willow and Pensonic are perfect examples of that.. Willow PE 10 Pensonic PE 4.5.. Does that make any sense......
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
TheContrarian
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Posted by TheContrarian > 2019-12-26 10:04 | Report Abuse
Go, go, go OSKVI.