The current OSK shareholders value is unfair and ridiculous is not because of buy or sale or lose money transactions. It’s actually intentionally being played and depressed by major shareholders. The natures of the 33 millions transaction (1.5%) basically is stated as “indirect business transaction “ outside of the market at “98 sen” is obviously “not transparent” of the real intentions, but obviously not good for the market even it’s Qtrly results YoY and QoQ growth. Then the 21 millions transaction (1%) high volume again at the end of the day at 83.5 sen obviously also to show you the muscle that the element of speculation that here I’m and you better surrender. Therefore, if you want to “invest” in OSK or already with OSK you need to be resilient, ignore all these threats, hold until at least until it’s at least above RM1 or even better RM1.5-RM2. Even better you can buy a bit now at lower price. OLH then have no opportunities and time to continue depressed the market...soon OSK shares will be justified. My 2 sen opinions.
Now annoucement OLH is buying, but you don't buy, don't tell me that you want to wait untill OLH selling you only want to buy from him meh ??????????????
The 33 millions or 21 millions transactions are party that not required to report to Bursa. Therefore we can conclude that it’s on purpose and it’s speculative in nature.
It’s promise to the shareholders in 2015 together with the bonus issue 1:4 then in 2017 again bonus issue 1:2 that further reduce the WC excised price to RM1.2. After 4 years, OSK the total EPS also already equal to RM1.411. OLH should deliver his promise on the shareholders value as business doing so well.
Total EPS of RM1.411 only gave away total 30sen dividend. NTA raised from RM1.97 to RM2.27 currently however stock price high at one point at RM1.27 in 2015 and now only 90 sen after make so much money. OLH should return the shareholders value back to the shareholders.
Regardless what said OLH. I think with current PE of around 5 as well as accumulated EPS retained with OSK after the last four years, with owned of 10% RHB, merger of PJD, OSKP into business...potential stock values double or triple uprising in near future. I believed OLH himself can’t wait too longer for that as well
If in 2014, OSK shares price can achieved high at adjusted price of RM1.514. After 5 years of business growth until today it should be at it best to achieve share price at higher even than RM1.5. No reason why It’s can’t uprisings.
Obviously OLH very lack of skills in leverage the shareholders value. By leveraging the shareholders value in fact he will make even better more value for himself, it’s also much easier than keeping forced sale with the small shareholders. It’s not only win win for himself also to all shareholders and gain more confidence from more investors in which will support the business growth. Anyway really up to OLH giant shares to act correctly.
I think OSK can afford to pay next dividend even with 5 sen. And the share buybacks can be initiated as well, expect that the OSK stock price will be more than RM1.5 then. Not difficult at all for OLH. Better celebrate 76 year-old party....
OSK is a very undervalued and good counter but the biggest negative is the major shareholder and family controlling 70% . They can manipulate the price as they like or decide not to pay dividend.
Actually it’s worth extremely undervalued than 10 years ago, example of abuse of the boardroom conflict of interests all monopoly by major shareholders. Bursa should monitored and take proper action.
No only OLH, his wife, his sons, ...her daughter and son in law in RHB....all over OSK and RHB...such a conflict on interests allowed by Bursa....better not invest in Bursa
After Aabar sold most of its holding on RHBBANK. Now EPF is the largest shareholder of RHBBANK (40.56%), follows by PNB (10.57%), then OSK (10.13%). I hope OSK sells its holding on RHBBANK and distributes special dividend to the shareholders :)
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....
Muthuarum
264 posts
Posted by Muthuarum > 2019-06-01 09:17 | Report Abuse
The current OSK shareholders value is unfair and ridiculous is not because of buy or sale or lose money transactions. It’s actually intentionally being played and depressed by major shareholders. The natures of the 33 millions transaction (1.5%) basically is stated as “indirect business transaction “ outside of the market at “98 sen” is obviously “not transparent” of the real intentions, but obviously not good for the market even it’s Qtrly results YoY and QoQ growth. Then the 21 millions transaction (1%) high volume again at the end of the day at 83.5 sen obviously also to show you the muscle that the element of speculation that here I’m and you better surrender. Therefore, if you want to “invest” in OSK or already with OSK you need to be resilient, ignore all these threats, hold until at least until it’s at least above RM1 or even better RM1.5-RM2. Even better you can buy a bit now at lower price. OLH then have no opportunities and time to continue depressed the market...soon OSK shares will be justified. My 2 sen opinions.