OSK will give peanut cash dividend to shareholders. If they want to attract retailers to goreng this stock, they should either distribute RHB shares to OSK shareholders or issue more OSk bonus shares
Kulim Solar Plant is 3rd largest solar Panel producer in the world after China and USA. Panasonic wants to dispose it...OLH shows interest lately...Very few Co. got Cash like OskH
Osk may be cheap but OLH will take minority shareholders for a ride like he has done for years . He has no mercy for hard earned money of the minorities I stay away from this dead wood for now.
OLH in annual reports indicates he holds 70% and his maicai holds another 25%. How are you going to takeover OskH??. The Good thing is there is NO more RI until Olh dispose his ownership
Right now OLH doesnT need your approval to Do anything. There is No difference between Listed Or private Co. to OLH. So the idea of taking private is just "your wet Dream"
Now many of OLH family members are training in RHB. maybe OLH will exchange/sell OskH in exchange for a Controlling share in RHB. Maybe next year you are holding a Bank share instead of OskH share
osk owned Olympic cable, the armour cable producer, shall benefit from high copper price as well.. got RHB bank shares, got copper stocks.. still.. the share price lagging behind.....
Shareholders only owned the shares not the company, ownership of the share not the owner, it is belong to public listing. Therefore can be take over anytime through OSK shares to reduce influencing to RHB.
OSK owned about 10% of RHB shares which about 400 million shares or every 100 units of OSK share owned 20 units of RHB shares. Instate of let OSK owned RHB, RHB should owned all OSK shares in which below value of RHB, get it all free with at lower price of RM86 per 100 units compare to the value of RHB of RM108 for 20 units, immediate capital gains for more than RM22 per 100 units plus free OSK properties.
Actually, can anyone confirm what are the takeover rules? If OLH launches a takeover, how many minority shareholders acceptance % he needs to get in order to compel the rest to accept? Can I choose to hold the shares in the private limited company?
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....
IanQ
121 posts
Posted by IanQ > 2020-12-21 19:44 | Report Abuse
rhb announces 10 sen dividend. How much of it will OSK allows to flow to shareholders?