I bought OSKVI below 40 sen a few years ago, I think in 2013. There was an MGO @ 58 sen in 2014 or 2015 but market price was then above 60 sen. Didn't sell and se what happened last year, it crashed to 40 sen level.
Declaring final single-tier dividend of 2.0 sen per ordinary share (ex-date 19th April 2017) with 3.96% dividend yield based on current market price of RM0.505.
OSK Ventures has net cash per share of RM0.46, investment securities (RM93.1m) and is trading at a discount below its net assets per share Rm0.95 as at 31/12/2016.
Based on Willow's current market price, the stake (16.17%) is worth RM35.2m.
Coupled with the growth potential in Willow businesses, the OSK Ventures appears to be an attractive stock.
I think market needs time to digest what's happening from the QR. Punter are making quick bucks...After the market has digest the report...it will quick get to it's fair value...
At this point, it looks promising. Now hv to identify where the profit comes from and if it's gonna be recurring. If next two QR reports maintains EPS 4~6. Then, TP 1.00 & 2.00 is not impossible.
Yesterday OSKVI opened at 65 sen which was gap up from the previous day's closing of 54.5 sen and within minutes went up to 70 sen. Why was someone so eager to accumulate from the opening bell? Volume was very huge and continue to be huge today.
But since this is investment firm; then as long at Index does make it's way to 1800 pts. The EPS should continue to grow. If you see carefully, their EPS fluctuates with KLSE. Since Dec16 of 1650 pts to Mac 17 of 1740 pts. I can safely anyone with decent investing skill should hv made 10%~30% profit.
It would be great if anyone can show us what OSKVI invested in.Imagine if they invest in all technology stock; PENTA, JHM, VITROX. They should consider giving dividend.
The thing is...I don't know what they invested in. Last QR showed that they do make alot of money. And if they will continue to make money or not, it's a mystery.
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....
稻田·* 粒粒芳香
26,756 posts
Posted by 稻田·* 粒粒芳香 > 2017-02-03 17:22 | Report Abuse
hahahaha
RCECAP>>>>>>INSAS>>>>>>OSKVI
This is my plan before I go real banking counter...... follow economic cycle...