OSK HOLDINGS BHD

KLSE (MYR): OSK (5053)

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Last Price

1.58

Today's Change

+0.01 (0.64%)

Day's Change

1.57 - 1.59

Trading Volume

469,800


13 people like this.

7,517 comment(s). Last comment by SinGor 1 week ago

firehawk

4,782 posts

Posted by firehawk > 2017-10-31 22:19 | Report Abuse

warrant has high gearing ... every 1sen increase in warrant equivalent to 5.64 sen increase in mother share ....

bluebiznet

1,179 posts

Posted by bluebiznet > 2017-11-02 13:36 | Report Abuse

received my bonus issue circular copy today

Posted by Kareemabduljabbar > 2017-11-02 18:35 | Report Abuse

Curious why the real reason OLH do this.

Posted by FAIRnREASONABLE > 2017-11-02 20:26 | Report Abuse

There is a trust deficit.

10.13% of RHB Bank today is still worth RM 2025 million.
OSK market cap today is RM 2217 million.

All OSK minus RHB is now valued by the market at just RM 191 Million, yet to be discounted again by EPF contribution.

OSK is certainly very undervalued.
But, trust deficit.

cocqueen

692 posts

Posted by cocqueen > 2017-11-03 15:56 | Report Abuse

normally ppl will give bonus if price appreciate a lot...in this case why bother giving bonus when stock price is so low...becoming like mui ?

cocqueen

692 posts

Posted by cocqueen > 2017-11-03 16:21 | Report Abuse

better use the cash to buyback the shares instead...

Posted by Wong Kah Wei > 2017-11-08 16:30 | Report Abuse

when will enough keep buy 1.58!!!?

Posted by Wong Kah Wei > 2017-11-09 15:45 | Report Abuse

ong enough lah,jalan cepat lah.

boon1515

422 posts

Posted by boon1515 > 2017-11-14 11:22 | Report Abuse

how is egm

Posted by Wong Kah Wei > 2017-11-15 01:37 | Report Abuse

Any special update regarding egm?

bluebiznet

1,179 posts

Posted by bluebiznet > 2017-11-15 18:54 | Report Abuse

ex date 27 nov, not too long

bluebiznet

1,179 posts

Posted by bluebiznet > 2017-11-15 18:56 | Report Abuse

the most peaceful bonus issue in the world, announce drop a bit, confirm drop a bit, later ex date drop a bit , then after bonus issue also dropvq bit haha lol

bluebiznet

1,179 posts

Posted by bluebiznet > 2017-11-15 18:56 | Report Abuse

give ong leong huat some face lah u guy

Posted by Wong Kah Wei > 2017-11-15 18:59 | Report Abuse

Ong don't want face lah,he want money only.

Ckrm50

5 posts

Posted by Ckrm50 > 2017-11-17 09:47 | Report Abuse

Any Sifu calculated what price when it goes x bonus?

bluebiznet

1,179 posts

Posted by bluebiznet > 2017-11-17 09:56 | Report Abuse

divide 3 and multiply 2

Ckrm50

5 posts

Posted by Ckrm50 > 2017-11-17 11:01 | Report Abuse

That works out to 1.05 at current price.

Simon Loh

255 posts

Posted by Simon Loh > 2017-11-18 15:24 | Report Abuse

The warrant number also increased on the basis of 1 bonus warrant for every 2 existing OSK warrants, right?

TheContrarian

9,497 posts

Posted by TheContrarian > 2017-11-18 16:01 | Report Abuse

Yes Simon.

Buybuybuy

695 posts

Posted by Buybuybuy > 2017-11-20 09:39 | Report Abuse

Insider news: Target price 1.40 after the bonus announced. The melbourne quarter has started the construction site. The display office on the site just finish building recently and expect to open soon so expect the big long queue when the stage 1 units release to the market.

firehawk

4,782 posts

Posted by firehawk > 2017-11-20 14:56 | Report Abuse

manipulating WC ;o

Posted by Wong Kah Wei > 2017-11-20 15:42 | Report Abuse

See lo, bonus proposal also pple dont want, haha

Peng1185

283 posts

Posted by Peng1185 > 2017-11-20 15:46 | Report Abuse

Who wants , I don't want anymore of this counter shares, always from high drop to trapped ppl. B careful

Posted by Wong Kah Wei > 2017-11-20 15:57 | Report Abuse

OSK is certainly very undervalued,but don't overvalued reputation olh

10bagger10

1,007 posts

Posted by 10bagger10 > 2017-11-20 15:57 | Report Abuse

Ex date when ya?

Simon Loh

255 posts

Posted by Simon Loh > 2017-11-21 09:47 | Report Abuse

Thanks TheContrarian.

10bagger10, x-date on 27th of this month.

10bagger10

1,007 posts

Posted by 10bagger10 > 2017-11-21 10:04 | Report Abuse

So buy more?

Simon Loh

255 posts

Posted by Simon Loh > 2017-11-27 09:19 | Report Abuse

The bonus shares will only be received 3 days later?

hng33

20,491 posts

Posted by hng33 > 2017-11-27 09:53 | Report Abuse

OSK Melbourne square have achieved 55% take up rate even before officual launched in 6 Oct> the first phase GDV is RM 3.0 billion, 55% take up rate translate in to unbilled sale for RM 1.6 billion

hng33

20,491 posts

Posted by hng33 > 2017-11-27 10:03 | Report Abuse

The Disposal and Yarra Park Subscription are expected to increase the net earnings of OSKH Group by approximately AUD38.2 million (or RM129.0 million) and a foreign exchange gain on the total investment in Yarra Park of RM49.2 million which was previously recorded as foreign exchange reserve; or a total increase of 12.86 sen per share for the financial year ending 31 December 2017.

The above deal already completed in 8 Aug 2017, therefore the net gain of disposal of its 49% stake to EPF will realize in coming Q result to be release end of next month.

Muthusamy

811 posts

Posted by Muthusamy > 2017-11-27 10:20 | Report Abuse

end of this month or next month?

hng33

20,491 posts

Posted by hng33 > 2017-11-27 10:23 | Report Abuse

coming q result will announce within these week, todat, tomoorw or day after. But, i expect OSK to announce today

hng33

20,491 posts

Posted by hng33 > 2017-11-27 11:13 | Report Abuse

OSK holding business segment performance

1.OSK property
- Unbilled sale RM 1.0 billion
- Landbank 2055 acres

2. OSK Australia property

-OSK Melbourne square have achieved 55% take up rate even before official launched in 6 Oct, the first phase GDV is RM 3.0 billion, 55% take up rate translate in to unbilled sale for RM 1.6 billion.

OSK have divest partial of its stake to EPF and realize one off gain EPD 12.86sen to be recognized in coming q result

OSK Austrail have reduce stake after disposal to EPS, efective stake now reduce from 79.30% to 40.44%. Although shareholding have bee reduce, but, OSK still retain project management right to develop Melbourne square.


3 Construction
- Orderbook RM 534m

4 Industrial and cable
- Capitalize on mega infra work

5 Hospitality
- To improve in tandam of more tourist arrival

6 Finance
- 10% associate RHB bank

hng33

20,491 posts

Posted by hng33 > 2017-11-27 11:25 | Report Abuse

The upcoming OSK result is report as undiluted before bonus EPS, but, current market price is diluted after bonus share, give rise to even higher arbitrary increament in EPS for coming q result.

Posted by Wong Kah Wei > 2017-11-27 11:52 | Report Abuse

why olh blocking at 1.06.?

hng33

20,491 posts

Posted by hng33 > 2017-11-27 13:11 | Report Abuse

OSK associate RHB bank just posted q result, EPS 12.2sen, cumulative 3Q already at 37.2sen, annualized likely to surpass 50sen, at very undemanding valuation PE <10x.

hng33

20,491 posts

Posted by hng33 > 2017-11-27 16:34 | Report Abuse

All last balance capital on OSK, all done at 1.05

Posted by Kareemabduljabbar > 2017-11-27 16:46 | Report Abuse

What you think is the purpose OLH do bonus ? Just for fun ?

Posted by Jeffreychuah > 2017-11-27 17:41 | Report Abuse

Not a bad result

Vivian Hee

235 posts

Posted by Vivian Hee > 2017-11-27 17:52 | Report Abuse

Other income: Gain on deemed disposal of
a subsidiary company* > 177,612k

Vivian Hee

235 posts

Posted by Vivian Hee > 2017-11-27 17:57 | Report Abuse

The Group registered revenue of RM314.45 million and pre-tax profit of RM243.34 million in 3Q17 compared
with revenue of RM271.17 million and pre-tax profit of RM64.39 million in 3Q16, representing an increase of
RM43.28 million or 16% in revenue and RM178.95 million or 3.8 times in pre-tax profit. The 3Q17 pre-tax profit
improved primarily due to the one-off gain on deemed disposal of RM177.61 million arising from the dilution of
equity interest in a subsidiary company in Melbourne, Australia and realisation of foreign exchange reserve
thereof. In addition, higher profits generated from the Financial Services and Investment Holding and Construction
Segments helped to offset the lower contributions from the Property, Hospitality and Industries Segments.

Vivian Hee

235 posts

Posted by Vivian Hee > 2017-11-27 18:06 | Report Abuse

226,828-177,612 = 49,216k

Muthusamy

811 posts

Posted by Muthusamy > 2017-11-27 18:10 | Report Abuse

without the other income, net profit is lower in terms of yoy n qoq

cocqueen

692 posts

Posted by cocqueen > 2017-11-28 09:13 | Report Abuse

olh goreng ?

hng33

20,491 posts

Posted by hng33 > 2017-11-28 09:16 | Report Abuse

sold back all OSK at 1.09, lock all handsome contra and paper profit, free up all capital

cocqueen

692 posts

Posted by cocqueen > 2017-11-28 09:39 | Report Abuse

well done hng33 !!

cocqueen

692 posts

Posted by cocqueen > 2017-11-28 13:11 | Report Abuse

this stock is so predictable...everytime after good news..sure drop...

hng33

20,491 posts

Posted by hng33 > 2017-11-28 15:53 | Report Abuse

Yup, the profit is one off in nature, therefore, record 1 time.

The rest of Austrialia Melbourne square will record 3-4 year later as LUMP SUM profit as Australia adopt build and sell instead of Malaysia based on progress billing

Buyer in Australia after pay 10% to signed SPA, they have 3-4 year time to secure banking facilities, and once property ready, bank only will pay developer after completion. OSK is expect another record big lump sum profit in next 3-4 year time. Come back again later then.

10bagger10

1,007 posts

Posted by 10bagger10 > 2017-11-28 16:32 | Report Abuse

How big is that lum sum sifu?

hng33

20,491 posts

Posted by hng33 > 2017-11-28 16:59 | Report Abuse

The detail of GDV and expected profit after completion project all already stated clearly in the EGM circular posted in bursa website. I am no in position to comment further OSK as already sold out to avoid bias view. Thanks

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