Posted by cutedragon > 2015-07-23 14:21 | Report Abuse

is always good to have positive and negative person towards this share and thats why there is buy and sell in this stock.... but to be frank.. by technical.. this share is dead... by fundamental... still not so sure about that...

Posted by r°Moi > 2015-07-23 14:27 | Report Abuse

ha ha ha... up to you lor too.... : )

Posted by hng33 > 2015-07-23 14:28 | Report Abuse

:D)

Posted by speakup > 2015-07-23 14:29 | Report Abuse

Fundamentally still very healthy.
PE 8.6x, Gearing 0.14x.

Posted by hng33 > 2015-07-23 14:53 | Report Abuse

Ha ha! In time of share down, those seller have very negative sentiment and make 'wrong assumption' that 'the worst is yet to come'..... but when share price is up later, those earlier seller have even higher negative sentiment as their 'earlier wrong assumption' have lead them to 'wrong conclusion' to cut loss, miss opptunity to reap profit :D)

Posted by sephiroth > 2015-07-23 15:25 | Report Abuse

makan 1.86 so damn yummy kikiki

Posted by Boss88888 > 2015-07-23 15:36 | Report Abuse

ya..makan also...so cheap...

Posted by longkanginvestor > 2015-07-23 15:37 | Report Abuse

Sephi u keep makan so much later olh hold u ransom

Posted by SinGor > 2015-07-23 15:55 | Report Abuse

OLH will give sephi a chair in board of director room

Posted by sephiroth > 2015-07-23 15:57 | Report Abuse

longkang investor n singor, i kher leh feh only mah, maybe get a chair in the director bathroom room equip with lenglui ok loh

Posted by sephiroth > 2015-07-23 15:58 | Report Abuse

there's a joker keep buying 2 lots at 1.85

Posted by sephiroth > 2015-07-23 15:58 | Report Abuse

or selling 2 lots at 1.85

Posted by longkanginvestor > 2015-07-23 15:59 | Report Abuse

Pjd pjdwc oskp buy volume in huge numbers..when is osk gonna come into action...

Posted by hng33 > 2015-07-23 18:40 | Report Abuse

Osk control 10% stake RHB corporate exercise.

RHB CAPITAL BERHAD (I) PROPOSED RIGHTS ISSUE; (II) PROPOSED INTERNAL REORGANISATION; (III) PROPOSED DISTRIBUTION AND CAPITAL REPAYMENT; AND (IV) PROPOSED TRANSFER OF LISTING STATUS. (COLLECTIVELY REFERRED TO AS THE PROPOSALS)
 

On behalf of the Board of Directors of RHB Capital, RHB Investment Bank wishes to announce that BNM had vide its letter dated 23 July 2015, informed the Company that the Minister of Finance and/or BNM (as the case may be) have granted their approval for the Proposed Rights Issue, Proposed Internal Reorganisation and the Proposed Distribution and Capital Repayment under the Financial Services Act, 2013.....

Posted by hng33 > 2015-07-23 18:41 | Report Abuse

OSK 73.4% control Oskp corporate exercise


MANDATORY TAKE-OVER OFFER FROM RHB INVESTMENT BANK BERHAD ON BEHALF OF OSK HOLDINGS BERHAD ("OFFEROR")


The Board of Directors of OSK Property (save for Tan Sri Ong, Ong Ju Xing, Ong Yee Ching, Dato' Nik Din, Foo San Kan and Dr. Ngo Get Ping) wishes to confirm that it does not intend to seek an alternative person to make a take-over offer for the Offer Securities......

Posted by hng33 > 2015-07-23 18:43 | Report Abuse

Osk control 31.7% PJ development corporate exercise.

PJ DEVELOPMENT HOLDINGS BERHAD ("PJ DEVELOPMENT") - VOLUNTARY TAKE-OVER OFFER FROM RHB INVESTMENT BANK BERHAD ON BEHALF OF OSK HOLDINGS BERHAD ("OFFEROR")


The Board of Directors of PJ Development (save for Tan Sri Ong, Puan Sri Khor, Wong Chong Shee, Ong Ju Xing and Foo San Kan) wishes to confirm that it does not intend to seek an alternative person to make a take-over offer for the Offer Securities.......

Posted by SinGor > 2015-07-23 19:57 | Report Abuse

My interpretation on OLH's plan to acquire OskP in 3 steps
1) Step 1
Depress OskH to 1.86 and offer OskP 1.95-- Hoping OskP shareholders would convert
to OskH share. Most likely failed but it is cheapest way
2) Step 2
Next --Slowly moving OskP share Prices Up while still depressing OskH at 1.86 if still
possible. Most likely will achieve some success
3) Step 3
Last week-- move OskH price Up rapidly while maintaining OskP price at highest level
Maximum conversion ( most costly)

Posted by hng33 > 2015-07-23 20:34 | Report Abuse

Pursuant to Paragraphs 9.19(23) and 9.19(25) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, the Board of Directors of OSK Holdings wishes to announce that:

(a) 177,642,601 Ordinary Shares of RM1.00 each in OSK Property representing approximately 72.4% of the issued and paid-up share capital of OSK Property (excluding 3,172,800 treasury shares) have been transferred to OSK Holdings on 23 July 2015, in accordance with the OSK Property Agreement (“Completion of OSK Property Transfer”); and

(b)  143,356,849 Ordinary Shares of RM1.00 each in PJ Development representing approximately 31.6% of the issued and paid-up share capital of PJD (excluding 4,778,300 treasury shares) have been transferred to OSK Holdings on 23 July 2015, in accordance with PJ Development Agreement (“Completion of PJ Development Transfer”).

Following the Completion of OSK Property Transfer and Completion of PJ Development Transfer, OSK Property and PJ Development have become subsidiaries of OSK Holdings.

OSK Holdings is deemed to have de facto control of PJ Development even though it has less than 50% of the voting rights on the basis that OSK Holdings is the single largest shareholder of PJ Development with an approximately 31.6% equity interest.

Posted by omega88 > 2015-07-23 22:18 | Report Abuse

Then that means tmr oskh fly lah ... is it?

Posted by hanting999 > 2015-07-23 22:22 | Report Abuse

Wait lah!! wait for two months more for all to selesai.

Posted by choonyong > 2015-07-24 00:21 | Report Abuse

Hello, i think it is tactic to depress OskH and bait the minor shareholder of OskP and PJD to accept cash offer, which is unfair depress price for them. Hence, OSKP and PJD will stay around offer price to the end. m2c

Posted by Up_down > 2015-07-24 00:40 | Report Abuse

OLH may want to collect warrant C in cheap price. If i were him, i would have thrown the OSKH share price below 1.80 to squeeze the weak holders out and collect more warrants at low price after listing.

Posted by SinGor > 2015-07-24 01:00 | Report Abuse

OLH wants ALL --OskH, warrant and OskP + warrant. OLH has survey all forums and he knows
most OsKP shareholders want OskH share ( will reject cash offer--price too low) But when
OskP is high enough --some will take cash and some will convert if OskH price is high (conversion
still at 1.95 )

Posted by SinGor > 2015-07-24 01:13 | Report Abuse

OLH has No problem pushing OskH to 2.86 from current 1.86 ( still within NTA 2.8 -3.0 )
And still he is the main beneficiary bcoz by then he would accumulated more than 55% of OskH
( unofficially )

Posted by Up_down > 2015-07-24 01:17 | Report Abuse

He would probably attack OSKH first to get a strong foothold. OSKH will issue 143 million warrants to shareholders not controlling by OLH. This quantity of warrants represent 11.4% of total shares assuming all minorities of OSKP & PJD don't interested converting into OSKH shares. It's quite a big quantity. No matter how, OLH would try to secure substantial quantity of warrants before jacking up OSKH's share price if necessary.

Posted by Up_down > 2015-07-24 01:19 | Report Abuse

The problem is he wanted to keep its average costs as low as possible. He is very very reluctant to let punters to take a free ride.

Posted by SinGor > 2015-07-24 01:37 | Report Abuse

Yes. You are correct. Only till the very end then he will push OskH price to maximise conversion

Posted by hng33 > 2015-07-24 09:28 | Report Abuse

Good catch, Ong strategy still work albeit a slower pace, pressing oskp minority to give up at 1.95 slowly, hope Oskp can achieve 90% acceptance, full take over these oskp, a rare gem to be fully own by osk shareholder

Posted by cutedragon > 2015-07-24 09:41 | Report Abuse

so the conclusion is? hold~ XD

Posted by cutedragon > 2015-07-24 09:43 | Report Abuse

beware... Ong might reading what we type here.... lets say hi to him~ HI~~ pls don let us down~

Posted by speakup > 2015-07-24 09:47 | Report Abuse

HI!

Posted by hng33 > 2015-07-24 10:04 | Report Abuse

Well done, i think Ong just keep on engulf oskp at maximum ceiling price 1.95

Posted by hng33 > 2015-07-24 10:05 | Report Abuse

Pressing OSK become unattractive for OSKP minority to swap, urge them to sell now at 1.95 to Ong :D)

Posted by SinGor > 2015-07-24 10:11 | Report Abuse

If you have " steel Ball " like me--take OskP ( just took 100K @ 10:08am Immediately replace
back to 210K in less than 1 second)

Posted by hng33 > 2015-07-24 10:14 | Report Abuse

Someone just breaking rank, buy at 1.96.....Ong have competitor now....

Posted by hng33 > 2015-07-24 10:32 | Report Abuse

Can OSK depress hold any longer ....!!?? Aminvestment bank already appointed as independent adviser to give comment to OSKP and PJD about OSK take over offer. if OSK share price is trade far below offer price, what will Aminvestment bank going to advise OSKP and PJD minority shareholder ...two possible

1. If OSK price trade below RM 1.95, Aminvestment bank likely advise minority shareholder to accept cash offer instead of share swap

2. If OSK price trade above RM 1.95, Aminvestment bank likely advise minority shareholder to accept share swap

However, Aminvestment bank will in conclusion give 'independent' view that the offer is UNFAIR BUT ACCEPTABLE. Unfair due to low PE evaluation and offer price lover than NTA, but acceptable, as OSKP face risk of noncompliance to public spread as OSK already control 73.4% stake, just short of 1.6% minimum requirement for public floating and the fact that minority still can participate in enlarge OSK through share swap + opptunity for OSKP and PJD minority to swap into OSK for more diversify business exposure, finance (OSk stake in RHB)), property development (PJD+OSKP), properties investment (OSK+OSKP), Hotel (PJD) + others Cable, building material (PJD)

Posted by stockraider > 2015-07-24 10:48 | Report Abuse

Raider can say this for OSKH share price;

1) It will remain at current level, until the takeover offer complete.

2) It will run up after the takeover completion & and subsequent 1 to 2 quarterly result announcement after the takeover.

3) Potential runup is 25% to 40% from the current OSKH price.

Posted by hanting999 > 2015-07-24 10:55 | Report Abuse

There is some logic to stockraider's contention. Wait till the dust settle down; and then the rocks will fly.

Posted by Up_down > 2015-07-24 11:03 | Report Abuse

The existing offer terms and conditions to OSKP's shareholders are relatively attractive in term of NTA. Currently, NTA of OSKP is RM 2.22 whereas NTA for OSKH RM 2.33 even though after taking into consideration of OSKH's warrants and Cash dividends, Cash payout for OSKP's & PJD's warrants (OLH & PAC portion).

Posted by stockraider > 2015-07-24 11:08 | Report Abuse

OLH....prefer OSKP and PJD shareholders to accept cash compare to scrips mah......!!

The depress price of OSKH.....reflect this line of thinking loh...!!

Posted by Up_down > 2015-07-24 11:10 | Report Abuse

It would be more attractive to some minorities of OSKP if the share price of OSK pressing below 1.80. They can switch to OSKH through disposing OSKP at price about 1.93 and buy OSKH at cheaper price.

Posted by 5percent > 2015-07-24 11:11 | Report Abuse

bought more @ RM1.86 today..accumulating

Posted by Up_down > 2015-07-24 11:13 | Report Abuse

This deal seen fair to minorities of OSKP at least from the NTA point of view.

Posted by SinGor > 2015-07-24 11:20 | Report Abuse

HaHa. OLH has pulled back on OskP price
Still playing poker with OLH. ( Step 1 will failed. OskP shareholders want 3.50. You give 1.95 )
Give me more--you can take back your 100K

Posted by Up_down > 2015-07-24 11:27 | Report Abuse

OLH is calculative in making a deal. He has given way by disposing its stakes cheap in OSKP. Want more? It could be a fat hope.

Posted by SinGor > 2015-07-24 11:56 | Report Abuse

For the entire week OLH hardly collected 500K OskP shares ( most of the done are created to instill FEAR ) Next week i will take another 100K of his OskP shares and see his reaction.

Posted by r°Moi > 2015-07-24 11:57 | Report Abuse

.

High NTA is a mirage.......................


.

Posted by azlan88 > 2015-07-24 12:30 | Report Abuse

I dont think it is fair since Atria is booked only at meagre valuation and its potential. If it is valued at market price, the NTA will shoot up. Besides it has small share base with huge retained earnings/reserve, which has potential for bonus issue or special dividend.

Of course he does not want OSKp to convert and instead take the cash or sell directly in the market to avoid dilution for his stakes in OSKH.

Posted by Sharenoob > 2015-07-24 12:32 | Report Abuse

hi all, I am thinking along this line not sure whether it is making sense for you all... if the take over will most slightly a successful one. For now OSKP is traded at 1.94 and OSKH is traded at 1.85/6. why not I sell OSKP which I holding and buy OSKH at discount of 8-9 cents? OLH is giving me money to get more OSKH at lower price which will hold most share of OSKP.

Posted by r°Moi > 2015-07-24 12:38 | Report Abuse

.

azlan88


...Atria is booked only at meagre valuation


At about 250m as at 31-12-14 and counting is hardly meagre valuation

.