Frankly, I was a little disappointed with the quality of the article. It basically tells about OLH's plan to consolidate his property assets under 1 vehicle probably OSK by taking over PJDev and OSKProp after selling his stake in RHBCap which is already known to most.
What most people would like to know is how will he go about accomplishing it with his different % stake in all 3 companies. How much will he offer each target company to be successful? All these were not addressed.
I am wondering if OLH will consolidate this property before Rhb deal if finalized? Anyway, with the Edge weekly article coverage on this issue, perhaps more retail investors will jump into to bandwagon....should be good news...
Guys, one is the expected merger of PJDEV and. OSKProp. After selling his stake in RHb, Datuk Ong will be without a business. Hence he will want to focus on property. OSK Property has moved up so naturally , PJdev will follow suit. Also there is consensus that 2nd quarter results to be released in August will be good. According to my sifu, OTB TP for PJDEV is more than 1.30++++ at discounted value. CIMB and RHB will merge in 2 months time, so imagine the potential. Datuk Ong will use the proceeds from the RHB sale to buy up PJDev.
What if Dato OLH prefer to remain as a shareholder in the RHB+CIMB? He has not expressed any opinion nor demand in regard to the merge, unlike the Aabar who demanded at least RM12.00 per share that they have.
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....
invest333
10 posts
Posted by invest333 > 2014-07-26 18:22 | Report Abuse
Which media carried these write-up?