OLYMPIA INDUSTRIES BHD

KLSE (MYR): OLYMPIA (3018)

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Last Price

0.065

Today's Change

0.00 (0.00%)

Day's Change

0.06 - 0.065

Trading Volume

1,070,800


6 people like this.

1,636 comment(s). Last comment by chinaman 20 hours ago

Posted by Kingofsanichi > 2021-03-18 21:08 | Report Abuse

Long time no goreng, maybe will superbull

Posted by Kingofsanichi > 2021-03-23 19:17 | Report Abuse

Ecrl project maybe will re open, oylimpia have chance

Posted by Kingofsanichi > 2021-03-23 22:39 | Report Abuse

Hi, fitman88, look like will going down soon, how

fitman888

12 posts

Posted by fitman888 > 2021-03-24 14:20 | Report Abuse

You just have to ask yourself is there any changes in the fundamentals of the co? if your answer is no, then you will be happy if it drifts lower so that you can buy more on weakness. Olympia quarterly results should be out in the next few days, expected to be bad as It's lottery business in Sabah ( Sabah 88 ) was badly affected by the MCO lockdown in Oct last year. But then, the lottery business has resumed it's operations now. The worst should be over for this counter, as evidence by some small weak hands who are selling in the market at the moment. For this stock to go up, the co has to launch it's property project in Sri Hartamas ( Kenny Height Project ). The management have repeatedly told us that they are waiting for the right timing to kickstart the project. The whole Bursa property sector sentiment has improved a lot recently, so hopefully it won't take long for the co to finally launch the long awaited project. Be patient, good things will come to those who CAN wait.

Posted by Kingofsanichi > 2021-03-24 20:40 | Report Abuse

Ok, thanks for ur advice, hope will rebound soon

Posted by Kingofsanichi > 2021-03-25 21:09 | Report Abuse

Any good news for today?

Posted by stockhunter888 > 2021-03-25 21:30 | Report Abuse

U bought how many lot?

Posted by Kingofsanichi > 2021-03-25 22:09 | Report Abuse

Little bit only

caonima

367 posts

Posted by caonima > 2021-03-26 11:28 | Report Abuse

somebody keep collecting ticket silently... wait for it... mayb good qr...

caonima

367 posts

Posted by caonima > 2021-04-01 11:53 | Report Abuse

start the engine...

caonima

367 posts

Posted by caonima > 2021-04-01 18:35 | Report Abuse

break new vol & price , uptrend soon

caonima

367 posts

Posted by caonima > 2021-04-02 16:54 | Report Abuse

the person who keep collecting ticket silently is very sok chun / bo ji...

Posted by Kingofsanichi > 2021-04-05 20:38 | Report Abuse

Everyday 0.105-0.11

Tuantee

31 posts

Posted by Tuantee > 2021-04-11 18:42 | Report Abuse

ini orang tua lagi ada,ini saham tak boleh naik lah

dompeilee

11,888 posts

Posted by dompeilee > 2021-04-20 17:00 | Report Abuse

Bought Olympia. Recommended 2 preferred clients last wk...

Posted by Kingofsanichi > 2021-04-20 20:15 | Report Abuse

Y, have any insider news?

dompeilee

11,888 posts

Posted by dompeilee > 2021-04-21 19:34 | Report Abuse

Nope. I only wanna give moral support 2 lim koktahi, who is stuck hi & dry 14 million shares of this co. lol

Posted by Kingofsanichi > 2021-04-21 22:35 | Report Abuse

Lim kok tyhe many money, wont care about this one

dompeilee

11,888 posts

Posted by dompeilee > 2021-04-22 07:20 | Report Abuse

Don't care about $14 mil? He sued his own sister for $32 mil...he cares about every penny...

caonima

323 posts

Posted by caonima > 2021-04-26 12:07 | Report Abuse

vol up 1 day then sleep few months, useless baby shark

dompeilee

11,888 posts

Posted by dompeilee > 2021-04-26 14:46 | Report Abuse

Bought more Olympia @ 11c

Posted by PennyStock123 > 2021-04-27 16:23 | Report Abuse

based on the above news....company not doing well....

dompeilee

11,888 posts

Posted by dompeilee > 2021-04-27 18:03 | Report Abuse

Why this caonima fellow like to come & disturb stocks like FLBhd, TGL etc etc? I wonder abt his motives...

thesteward

6,782 posts

Posted by thesteward > 2021-05-02 21:19 | Report Abuse

Gogo this week hope go above 20 sen

Posted by PennyStock123 > 2021-05-06 11:44 | Report Abuse

is the above annoucement bad news?....

dompeilee

11,888 posts

Posted by dompeilee > 2021-05-07 09:27 | Report Abuse

Bought more Olympia @ 11.5c

caonima

367 posts

Posted by caonima > 2021-05-07 15:01 |

Post removed.Why?

dompeilee

11,888 posts

Posted by dompeilee > 2021-05-07 15:04 | Report Abuse

No need 2 share what WC call buy...NO ONE IS INTERESTED...d-i-r-t-b-a-g!

dompeilee

11,888 posts

Posted by dompeilee > 2021-05-07 15:06 | Report Abuse

Listen to the REAL DEAL !!! =)


dompeilee Bought Olympia. Recommended 2 preferred clients last wk...
20/04/2021 5:00 PM

dompeilee Bought more Olympia @ 11c
26/04/2021 2:46 PM

dompeilee Bought more Olympia @ 11.5c
07/05/2021 9:27 AM

caonima

367 posts

Posted by caonima > 2021-05-08 00:28 |

Post removed.Why?

nahcee

480 posts

Posted by nahcee > 2021-05-08 07:44 | Report Abuse

WC call buy , take profit and run as fast as light. Normally he 百发百中。

dompeilee

11,888 posts

Posted by dompeilee > 2021-05-08 07:53 | Report Abuse

FLBhd thread:

caonima already told to take profit very quick
22/04/2021 9:33 AM

FLBhd went from 86 to 102 to 93.5 on 21-22/4. Price now? 115! HahahaHHAAA

I think this d-ir-tbag wants to collect lah!

Posted by stockhunter888 > 2021-05-08 11:45 | Report Abuse

Don't worry la..contra kaki sure die play this counter..

dompeilee

11,888 posts

Posted by dompeilee > 2021-05-18 17:47 | Report Abuse

Bought more Olympia @ 11c this morning

Posted by Kingofsanichi > 2021-05-20 21:29 | Report Abuse

Wat meaning of this audit report, anyone can explain

scrown

344 posts

Posted by scrown > 2021-05-21 06:12 | Report Abuse

This audit report of account status had been disclosed during last quarter. Nothing news and it is mentioned in the annual report as normal. One thing positive from this statement to tell u that the outstanding liability as we knew earlier will further extend to 2023 and 2026 that will wait Datuk Yap to find money as he has to redeem the liabilities under his personal guarantee. Stay tuned.

Posted by Kingofsanichi > 2021-05-21 08:37 | Report Abuse

I see, thanks for explain

dompeilee

11,888 posts

Posted by dompeilee > 2021-05-21 09:05 | Report Abuse

Bought more Olympia @ 9.5c

fitman888

12 posts

Posted by fitman888 > 2021-05-21 10:53 | Report Abuse

Yes Scrown, you are right. That's nothing new about this audit opinion. But the words Material Uncertainty related to Going Concern really scare the hell out of many people who don't understand. In the worst case scenario, if the co really go into receivership, the co do really have no problem to settle the debts as it has got DEEP values hidden in the financial statements. The 150m bank loan (the only threat the auditors are concerned about) will be easily offset and settled by forced selling Menara Olympia ( 295.7m). After that, the co will be clean with some small current liabilities and plenty of assets. Besides the 1400 acres of Seremban land (57m) Olympia is still left with 2 hidden deep values which are not reflected in the financial statements! 1) 42% ownership of 60 acres of Sri Hartamas Prime Freehold Land. Easily worth rm440m or rm400/sq ft but only stated at cost at only 140m or rm128/ sq ft in the balance sheet. Easily 300m are hidden and waiting to be unlocked by the receivers 2) Sabah gambling (Sabah88) license & business operations. How much does it worth? Duta Yap had a similar gambling set-up and operation ( Megaquest Sdn Bhd ) in Sarawak and sold it to Berjaya Assets for 17.5X of it's average past 3 years net profit for 108m in 2016.If we take Olympia Sabah88 average last 3 years net profit X 17.5 = 105m. This is another amount which is hidden in the book. This co has deep values. Shrewd players will be buying instead of selling at current prices even if the co goes into receivership.

https://www.thestar.com.my/business/business-news/2016/07/13/bassets-to-buy-over-numbers-forecast-firm

scrown

344 posts

Posted by scrown > 2021-05-21 22:19 | Report Abuse

Up to tonight, the annual report is not yet posted at Bursa announcement. Why Annual report not yet come out in Bursa announcement but Bursa can post this auditor opinion earlier from annual report without investors to analyze the whole report to judge the share investment and panic selling on this counter? Any agenda motive from Bursa management ?

asd88

809 posts

Posted by asd88 > 2021-05-24 13:21 | Report Abuse

This counter reminds me of Solution. Also stagnant around this price and then BOOM...

Posted by Kingofsanichi > 2021-05-24 22:15 | Report Abuse

Maybe is hidden gel company, suddenly will boom it

asd88

809 posts

Posted by asd88 > 2021-05-26 12:23 | Report Abuse

I read from news that lim kok thay bought 7.33% of Olympia shares in 2004. Any idea if he is still holding? Because I don't see his big name in the latest annual report just released.

thesteward

6,782 posts

Posted by thesteward > 2021-06-01 14:52 | Report Abuse

Let’s hope goto at least 20

dompeilee

11,888 posts

Posted by dompeilee > 2021-06-02 11:28 | Report Abuse

I believe he must hv exited finally when there was a hi-volume goreng in Sep '20 or maybe in Apr this year...good riddance but HUGE realised loss...at least by our ikan bilis standards lol

Based on the prices when he entered in '04 & the estimated price during the hi-vol prices in the last yr, he must hv lost ~~~ 93% of his investment

dompeilee

11,888 posts

Posted by dompeilee > 2021-06-02 14:36 | Report Abuse

Estimated $25 mil investment...return back $1.5 mil LOL

SRSP81

6 posts

Posted by SRSP81 > 2021-06-09 12:15 | Report Abuse

Engine sudah start

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