Agree with Haikeyila. Very illiquid stock. The stock was quite active in middle of August 2013 when it was pushed up to 0.78 sen. They are holding quite a lot of property everywhere in Malaysia. Got to do more research for this company.
Jennylee I do not set any target for OKA Corporation. Anyway, I think RM1.00 is reachable based on the 50% discount trading below NTA (1.67) and the dividend yield (5%) alone. Study the last quarter result and you would know why I am bullish.
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....
Posted by Najib Zamry > 2013-09-10 10:01 | Report Abuse
http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=O&securityCode=7140 Share price now =0.71 (1) EPS for 1st quarter = 4.78 annualise 4.78 x 4= RM19.12 (2) NTA = 1.67 (3) P/E = 4 (4) Dividend ex date: 30/10/2012 3.5 sen per share (nett) or dividend yield 4.9% (5) Very asset rich company