it's not about value or undervalue. it's about the management team! Buy because of undervalue only is not a good decision. But if can hold to wait, then different story. Just like hold to see whose life longer xD
Actually OSK holding only 10.1x% of RHB shares.. Means each OSK shares holding 0.22xx RHB shares. I do not understand how the 0.29 number being derived.
There is still substantial risk for those who have the power to hold for long term investment.
I am holding some OSK shares, and am doing so on long-term basis.
My main worry is that the PJD saga can repeat itself in OSK.
With current depressed price, the deep undervalued OSK can be taken private by simply offering 1.50 which independent adviser will likely declare UNFAIR but REASONABLE, because the offer price is above the market share price.
Fair n Reasonable... yes, this is wat i am worried.... osk may announce the fair and reasonable price for osk is 1.50.... then this can tell that SC can go and eat shit.
Annual report updated to 31 Dec only. I guess nothing changed from 31 Dec to now. So annual report number calculation should be 0.22. I wonder if you understand
ha ha ... my advice is, if u r so confidence in yr calculation, stick to it .... just like me, i stick to my calculation, no matter how other ppl do it ..... i just don want to involve in rude argument that happen here before, sorry!
If you think you are correct, just disclose your calculation. Else it will be irresponsible to trying to mislead people. Did u think that OSK has bought much RHB shares recently?
ha ha! but i don't ask any ppl to reveal their calculation to me, not even say they mislead ppl, and hope to press them to reveal their calculation ..... i don't hope they reveal their work, i hv confidence in my own work! ;-)
i see... I have been focusing on the idea that OSK owning about 10.13% of RHB shares and according to i3investor app, RHB share base is 3.075b shares... My RHB shares base should be wrong then.
Just checked on Bloomberg website that RHB share base should be 4.01b shares. So 0.29 is correct.
but i just calculate based on amount of shares which won't be changed. coz % can change as share base changes due to some activities like ESOS (if any) etc.
actually OSK is not holding any share options.. I know the situation about the RHB dividends. RHB dividends were given options to do dividends reinvestments into RHB Shares. OSK chose to reinvest the dividends but not taking the cash
OSK business still need some time to reap the fruit. We just enter at the lowest price. Need patience for 3 years. EPS and PE will grow. Dividend will be great.
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....
Yong Chun Wah
625 posts
Posted by Yong Chun Wah > 2017-01-16 18:52 | Report Abuse
Net asset per share RM3+·WILL RISE FURTHER