It is close to the bottom now. Current price is attractive to everyone including the major shareholders. If they don't buy at current price, they may have to pay for higher prices to investors who really know how to buy low sell high. Do not hope the price to retreat to RM 1.75. This is because after a few months the business value has been increasing and strengthened by a good result in recent financial report. The NAV is increasing at the speed of almost RM 0.15 a year after deducting the dividend pay out. Based on these facts, it is very difficult for it to drop below RM 2.00. Those who do not want to miss the opportunities and aim to be generally right will give strong support at price slightly higher than RM 2 which makes me think that current price of RM 2.06 is already close to bottom.
I do not want anyone to lose hard earned money on Osk. At 2.14 it was worth buying, as the up side was 50% more than the down side. IF no merger were to take place, which is highly unlikely, panic selling will push the price down to around 1.75. All positive reasons and information will be thrown out of the window. It will be over sold before it bounce up again. Investors sell out of fear, that is human behavior. Need to be aware of the psychology side of investing as well as the numerical side. The good thing about investing in share is, you do not realize your lost if you don't sell. Don't add momentum to the herd mentality which will help to depress the price even more. If the future is bright for Osk, why do you want to sell. Agree with Xiaoxiao that it is close to the bottom now. In the event the merger is on, Osk will reach 2.75 being it's NTA value, more if ong gives you at lease half the new entity shares. Rarely normal investors can time to perfection when to buy and sell shares because you do not have perfect information or the financial muscle to do so.
While hibernating I had a 'dream'. OSK gives 20 sen special dividend, 15 sen cash distribution and 7.5 sen second interim dividend and the share price rises to RM 3.10. WAH!!!! OLH so good --- and then I woke up and saw that the share price of OSK is RM _____. Wooo, Woooo.
Something odd? OSK Property Holdings Bhd. just announces an interim dividend of 5 sen payable on 30/10/14. (At this time of the year??). Ah! ha! news coming ,,, patience man.
Osk management, good work, see share price is fighting back. This is what we call good stewardship, because the person at the helm understands how reality works: The only way to survive is to fight back, don't back down before atrocities. Anyway, the stock market is skittish because US is fighting a war again ISS, and American are nervous normally in September. But life goes on, all this uncertainty will fade over time, let us see coming October.
Did u notice one thing in today's OSK trade: The volume to buy at higher prices are very big compares to the volume to sell at lower prices. Well, I do not know much about technical analysis but can someone who is more experienced to explain this to us?
Instead of looking for ways to get around Aabar, EPF should confront the problem of valuing Rhb at 12 ringgit. EPF will benefit from the higher valuation too as the largest shareholder.It is only fair to have a special purpose company to exchange for the shares of the 3 banks. Rhb valued at 12 , Cimb at 8.5 and Mbsb at 3. The mega bank should command a premium price, it should beat Pbb hands down. Why worry about valuing 20% more for Rhb. Aabar is not holding 100% of Rhb. It seems that everyone is forgetting that this a merger and the future profit of the mega bank is the most important thing. Paying 20% more is peanuts compared to what the mega bank will get back in profits in the future. Not to mention the Arabs are threatening to pull out billions in investment in Malaysia. You do not throw away the whole chicken just because you do not want to eat the skin. It would be a pity for Malaysia to lose out just because of 20%.
actually not only aabar kena liwat...all malaysian employees kena liwat...bcoz instead of getting a better deal we end bailing out two rotten cos!!! msia boleh ...pui!!
bursa shd not grant them the waiiver to vote...bcoz the rule clear states that...they cant vote!!..if bursa grant them the waiver then bursa might as well close shop...acting in concert to deny protection of minorities shareholders...they r supposed to enforce the rule !!
If Cimb miss this opportunity and Maybank is handed the chance to do this merger, Cimb will have a hard time catching up. Cimb merging with HLB or PBB, I don't see how this can happen.
If the merger is called off, it should be a good news for RHB shareholders. Merging with CIMB is like marrying to a poor guy because NPL of CIMB is much higher. Look for other guys, such as Maybank.
Vinvin you are correct that there are more investors willing to sell at a lower price. The number of buyers must equal to the numbers of sellers otherwise there won't be any transaction done. So there are investors willing to take up the risk of holding Osk's shares. That is why you should not panic and sell at such a low price. If you are selling at a discount, the price of the share will tumble. The only way to stop the share from tumbling is to stop panic selling. As I have said, Osk will diversify and can double it's profit. Osk can easily borrow 1 billion. I am not surprise if ong has been accumulating Osk shares over the past few weeks. Ong knows he can get a buyer for Rhb shares which is why he wanted to take Osk private. Rhb of old, when Aabar bought in, is so different from what it is today. Kam has done a great job in integrating Osk investment bank, the success is beginning to show in the profits of Rhb. Big funds will buy Osk shares when Osk has acquired new businesses. At present they are not allowed to do so because Osk is considered a small company. The future is still bright for Osk with or without the merger. I don't think this time ong can take Osk private at anything less than 2.50. Offer should be nearer to NTA value to stand any chance of being successful.
In my opinion, the merger is a neutral for OSK, it only has such a value of NTA RM2.70 and it will stay this way. Why? In the short term, the merger is not producing any realizable profit for any party. In the long run, the combined entity might perform better or worst, nobody knows, because it is long term, how can anyone be sure? So, nobody is collecting profits now, for rhb or for osk, why do share price go up. Man. No need to follow fundamental in buying stocks is like guessing. Buy 4 D or 1+3 is the same, maybe that way you can make more money, no need to waste your brain think here and think, right Gheekong? You are so green! Ther merger has a risk, it could dilute OSK's shareholding in the combined entity and dilute is gain on dividends from the parent. Now, 9.5% in rhb, but later on maybe 2% or 3% left in the combined entity, it this a good thing Gheekong, ask your parents if you don't know.
kian leong lim, it is wrong for you to say that warren buffet consider investment in terms of how long the investment ....in fact the core of value investment is not to consider when , when is about timing , timing is speculation . value investment is about finding value and not to consider about timing , time fame , in fact according to warren buffet time frame should be forever as long as the is good value ........please don't confuse yourself and confuse others
Gheekong has an analytical mind; (whether he is right or wrong remains to be seen.) He is not green. I hope Gheekong is not offended by Kian Leong Lim. As I have said in the past; OSK won't move because OLH is tight-fist and shareholders won't get much out of the company.
True hanting999, the price movement of OSK is more or less controlled by OLH n he can make it goes up sky high if he wants to..............all depend on him!!! Trade at own risk
Gheekong, happyman, and vinvin: I only want everyone to make money even though we might disagree with our viewpoints. It is a fact in life that money can not be made by us very easily. The discussions will help us to find a good way to invest in stocks. I strongly believe that we should not speculate at what will happan today or tomorrow or what. If we are to take action on something, I do hope we are able to come up with at least some comfortable reason first. Be cool by keeping our mind very open and clear now. please go to this website to take a look. http://www.quoteswise.com/warren-buffett-quotes-3.html When you go work for someone, when you go buy something from someone, you always talk about price (cost) and value (happiness). In investing, time is the cost! To Warren Buffett, RM$1 today is worth the RM$10 in 10 years later when you count backwards using the the time value of money. RM$1 (now)=RM$10 (in 10 years). Money becoming small or less in value gradually after 10 years. I am giving you the clue as to what he meant by value (please love your parents, sisters and brothers, and friends more and more each day and you will know what it is like to be a very happy man and happiness is priceless). value = happiness. That is why he bought coca-cola, ice cream chain, donut chain, hamburger chain, furniture marts, chocolate bars, ketchup, car dealership, and a bunch of companies that bring happiness to people.He brags a lot of times about how happy he is with his life because he is seeing himself living the most valuable (nothing money can buy) life on earth just by being the happiest person on earth. Gheekong: why your uncle Warren told you so many times and you still don't listen or see!
I forgot to ask you a question happyman: Would you think that all mentally normal human being if he is a happy person (like the happyman on I3Investor) will be hoping that that his happiness will last forever or for as long as possible? please do tell me! would you please? I don't know because my father didn't tell me this before( a small price for you to pay don't be angry). I wrote these silly comments only when I am really bored with life.
Yep, it is obvious the deal will go through. But, what about OSK? If the past is any indication, I fear the worst for OSK. The signs are there. The axe will fall. Quote: "BOH CHOW SEE AAAAAAAAAH.
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....
SP0094701
654 posts
Posted by SP0094701 > 2014-09-24 23:19 | Report Abuse
Drop lah no hope liao ......then enter again better below 1.6