It's impossible for the existing OSKH shareholder to reject such a good offer. How on earth is that possible for someone to reject when people want to give you money (15 cents dividend plus free warrant)? I understand this might be a bit unfair for OSKP and especially PJD but as a shareholder of OSKH it's a big yes to accept the offer.
hopefully can see the bursa process announcement soon. market sentiment is not so good. need some confirmed ex-date, egm date, free warrant listing date etc. to support the current price. or maybe even to send the price flying higher
I have both OSK and PJD. I think, with the sweeties, the OSK minority shareholders are most likely to approve the proposed deal. However, PJD non-PAC shareholders will certainly reject the OSK offer. I shall wait for the golden opportunity to buy PJD and its warrants if someone really shoot down PJD to RM1.00 (and with warrants at around RM 0.10 perhaps). Being a listed corporation, OSK's PJD shares cannot be used for speculative activities. For such fire-sale if it happens somehow, I believe we can get enough investor friends to buy over 50% PJD and take over the give-away. Being a seasoned investor, I don’t believe OLH will make such a fatal mistake. On the contrary, with 31.7% PJD share locked up in OSK, there will be little bullets left to shoot down PJD price. PJD share price will rise as OLH & PAC are likely to buy more (from almost ground zero after the deal) so that collectively with OSK they can control over 50%. PJD warrants will be the star performance, bearing in mind that OLH & PAC are not selling their warrants to OSK. Why?
OSK and Mahsing are not in the same category. OSK is under fiancé with main stream of income coming from investment into RHBcap(Banking) whereas Mahsing is almost a pure play on local property industry with minor contribution from the long inherited plastic industry.
As far as I learnt as a small investor together with EPF in Mahsing since 2009, if EPF has to chose only one property player betw. Mahsing and OSK, the answer is clearly Mahsing because in property industry, Mahsing is generally rated far ahead OSK. I do not mean OSK is not a good company, but it is just not in the same class as Mahsing for the time being. Nevertheless with the strong support from all shareholders, OSK might one day overtake Mahsing in property industry, who know?
Anyway, one thing I know for sure now is that investing into OSK now will bring you much more profit than putting the same money into TurtleSing.
Buy on dip???? How much do you expect OSK to rise up? When SC approved, how much did OSK rise up at most? OLH does not want PJD to convert; so prices have to be kept low in order to make that any conversion (PJD to OSK) not worthwhile. See the trend of OSK now. The next level: when BURSA approves; how much can OSK rise up? Shares of property counters never rise up a lot. And OLH is never renowned for his generosity. There is no valuable incentives for investors. And you expect EPF, KWAP. TH, to move in. Fat hopes. Sorry if I sounded not civil; I am frustrated.
hope all the sweeties will received on time. before or by june. but the other question is even sweeties is a sure thing. the price is still remain unknown. due to the weak market sentiment. i will not surprise if it peak at 1.95+0.15+0.20=2.30 .. too low for me. my average price is rm 2.1156. is not losing money but dont see much profit also.
Confirm the OSK quarter report will be good as you can already see and predict it from rhb report. Possible merger approve by bursa next Wednesday. Mark my words.
Moi. After you said AA is going to a violent dead, i said i will buy AA on 27/5 (i am just this kind of guy--always move in opp. direction). But unfortunately, I have limited funds left after buying too many OskH during the dip.
Aabar Investment loan 1MDB 1 billion(us$) to settle its debt. This 1MDB spider web network is really difficult to understand. I hope Aabar would buy RHB cap from OskH too.
sephiroth, define 'explode' please. When OSK has settled down after a long wild ride, this has to happen. First Ananda to the rescue, now abu dhabi; I wonder who's next. Does not look good. Besides, Europe and USA are down.
Seph. might blown his top alittle. Aiyah already long wait --mah. Just let some steam off. hanting 999 is always a skeptic---i think he holds too many PJD's stock. My suggestion-- go and plan how to remove OLH from PJD's Board of Director. Don't steamed us blurred here. We just want to enjoy some euphoria here. After this i will chasing other stocks skirt
But it was real you know... if the USD hedging has been so so it would have been a huge -tive bottom line
Never mind that the cause is an inconsequential unrealised FX loss from very long terms loans.. people would get confused and sellllllll....mindlessly .. violently
By the way.. I only post a lot when people don't see things my way... if the investment is good the minute I put my money in.. not a word from me...
1. SinGor, How not to be a skeptic in OSK case when the Big Boss becomes so tight-fisted when he controls approx. 10% of RHB.
2. bluebiznet. Hey! How to remove OLH when he controls 32% of PJD. See in Kian Joo's case, the new major shareholder with 32% of Kian Joo kicked out the founders.
3. Moi. You are good. Don't be quiet. With me, I see opposite your way. We have plenty to "fight."
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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....
dalpinia
2,299 posts
Posted by dalpinia > 2015-05-20 12:43 | Report Abuse
Att: ALL OSKH minor shareholders....pls reject the offer....the OSKH share price will shoot up more after te offer failed.