OSK has some institutional shareholders of around about 5%. Among them including EPF, Public Mutual, Kumpulan Wang Persaraan, Dimensional Fund Advisors from US, Norges Bank Investment, Hosking Partner, Stanlib Multi Manager, BlackRock Fund Advisors, Nomura Asset Management Singapore, Mercer Global investment Europe. These local and foreign institutional funds play some market movers role in OSK stock price as well, some shares sold and bought. Currently the institutional shareholders had been increased to about 5.6% showed some confident level of OSK
OSK owned 10.13% (or 406,171,520 shares)of RHB, what's mean? It mean each OSK share owned about 0.1955 RHB share. Also mean that by current RHB share price of RM5.43, each share OSK owned = 0.1955*5.43=RM1.062 RHB value. If based on RHB NTA of RM5.82 = 0.1955*5.82 = RM1.138 RHB NTA value. Based on EPS of RHB of 54.80sen will also contribute to OSK in EPS of = 0.1955*54.80=10.713sen per share. This is like buy a discounted RHB for OSK with free attachment of OSK property...way under value
The new Hilton will form part of Malaysian developer OSK's colossal $2.8 billion Melbourne Square project in Southbank, which is currently under construction.
OSK 10.13%-associate RHB Bank Bhd continue to trend up and has recently risen to be among the top analyst picks for banking counters amid strong quarterly income growth and expectations of normalising operating expenditure moving forward.
The hidden growth of OSK: Is OSK a growth company? Two major factors and a bonus. First is OSK 10.13% associated RHB with strong growth as everyone aware. Second is the Property Development Division, as according to OSK was quiet in 2018. However based on unbilled sale of OSK properties as in Dec 31, 2017 was RM 1.1 billions and as Sep 31, 2018 the unbilled sale increased to RM 1.43 billions with minimum unsold complete unit. A 30% increased during quiet period of 9 months...was quite impressive.
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....
IronShirt
3,178 posts
Posted by IronShirt > 2019-01-15 19:49 | Report Abuse
olh pays dividend based on FD rate,,,,,,better keep money in Banks atleast Value remains the same