|
| |
Overview
Financial Highlight
HeadlinesBusiness Background OSK Holdings Berhad is an investment holding company with a focus in five areas of business: property development and investment; financial services; construction; industries; and hospitality. Property and development serves as one of the core business interests of the group and includes a host of real estate across Malaysia and Australia. Alongside its real estate engagements, OSK engages in manufacturing and trading of cable and wire products, wall panels, and building materials. Additional operations for the group include investment holdings and capital financing through its financial services group, and management of hotels and resorts through its hospitality unit.
  IanQ please either head up to 2 or double div please... ringgit already so weak. 21/02/2024 12:19 PM  sephiroth Final dividend 4 sen, no surprise, oh well, better than nothing, expected 5 sen kinda disappointed 22/02/2024 7:51 PM FAIRnREASONABLE Bonus issues: 1:2 in 2017, 1:4 in 2015, 1:4 in 2010. Reasonable chance to have bonus issue this time round. 24/02/2024 10:14 AM Dehcomic01 OSK Holdings carried out a corporate exercise in 2014, to merge PJ Development Holdings Berhad and OSK Property Holdings Berhad into the group. Effectively OSK Holdings is now a property counter with property development & construction, investment properties and some manufacturing as it main operations. But is this really the case? When you look at its profit profile as shown in the chart, you will find that the bigger contributor over the past 9 years was not from its operations. The non-operating segment - its investments in RHB bank - accounted for a bigger part of its profits. https://i.postimg.cc/RhS06qnH/OSK-profit-profile.png So, is this a property company or something else? If you are thinking of investing in OSK, shouldn’t you be looking at the performance of the Malaysian banking sector rather than the property sector? https://www.youtube.com/watch?v=mQXpcrWj0Sw 08/03/2024 11:55 AM Nice149 1. NTA 2.97 Aas compared to current price of 1.61 2. Benefit from the civil servant salary increase. Similar to RCECap, OSK also provides loan to civil servant through salary deduction. Very low risk and no impairment 3. Scaling up its loan portfolio in Australia and have better net interest margin than Malaysia’s conventional financing. 4. Capital financing pre-tax profit’s compounded annual growth rate was at 25% 5. Anticipate strong earning from property development at advance stage of construction. 6. Have total 1,977acres of landbank remaining with total GDV of 15 billion 7. Total cable sales was 20,745km which is half of scgb 8. IBS revenue was up almost 50% in year 2023 and under capacity expansion through new machine upgrade to be completed in Q2-2024. 9. Phase 2 of Melbourne Square (MSQ) has received 50% take up rate as of April 2023 10. Expand cable segment to instal new fibre optic line and new machine. Expecting fully commissioning by end of 2024 11. Own 10.24% of RHB shares. Benefited from high dividend rate. 13/05/2024 9:39 PM DividendGuy67 The nice thing about accumulating dividend stocks when their prices are low is that they keep edging up and here, they moved up, and even though market is just up +0.14%, I have 22 green stocks, offsetting 11 red stocks, and thanks to these green stocks including OSK, my portfolio made new all time high again today. My average OSK entry price EXCLUDING dividends is 91 sen. Still holding on at 1.61. With dividends and some small profit taking in the past, my average cost price is 45 sen. As it keeps paying dividends, one day, I guess I will own the entire amount for free. And at that time, I look forward to a market crash and with the cash, buy again at low price. No need to do active trading, the cash dividends paid out does it for you and best of all, I haven't looked at OSK charts much this year or read about it, maybe once every quarter or so. 13/05/2024 9:55 PM DividendGuy67 Chart wise, definitely can't sell ... especially when average cost price is 45 sen. Definitely not chasing, but will keep holding and ignore price movement. Got to give the bull the chance to try to break 24 year high - last time was 2.19 at Feb 2000. Minority chance within 1 year but I like to hope there's a majority chance before this bull run is over. 13/05/2024 10:07 PM DividendGuy67 Ok, did a quick blog post on OSK to better share my thoughts. It may be low odds today, but after nearly 3 decades of ding dong, if it breaks above 2.19 its all time high over 3 decades, technicians will tell you that the breakout will be spectacular i.e. we could be looking at RM5 just using projection price methodology. Its NTA is 2.97, at the peak of a market bull run, it is not unusual for a stock like this to trade at its book value or a higher in a mania. All this payout is contingent on making a new high first and contingent on a bull run that will hit a peak. Minority odds. But my average cost is now only 45 sen, below COVID low, so, I'm very patient and in no rush and prefer to do nothing. Don't chase. Best of luck. Cheers! 13/05/2024 10:23 PM DividendGuy67 In case you're wondering what price I sold for partial profit taking and why, it was 16 Jan 24, at 1.49. I forgot now why I did that, most likely it was trying to take advantage of the 1.50 round number resistance, thinking it will hit and fall and I can pick it back up again on the cheap ... but I never could buy it back on the cheap ... and now, it went past 1.61 today. This is what happens when we are not a trader ... And it's so difficult even if you can watch because the market gyrations will consume you. Much better, much easier to ignore and collect dividends and just focus on monthly charts over 2-3 decades to pick the peak of the bull market and stay focused on the market crashes and then just bet a significant chunk of your net worth to make a difference to your life. Otherwise, most of the time, ignore the noise up and down on small moves. 13/05/2024 10:31 PM DividendGuy67 Warren Buffet said that investing is best done if you imagine you can punch only 20 tickets over your investing lifetime. When do you punch that ticket? The trouble with traders is that the theory sounds great on paper, but incredibly hard to practice. Whereas with only 20 tickets to punch over a lifetime, when do you punch? I would open a 20-30 year chart and then make that decision. You can't go wrong doing what Mr Buffet recommends. 13/05/2024 10:34 PM GS MSCI Small Cap May 2024 Index Review MSCI MALAYSIA INDEX Additions MAH SING OSK Deletions ASTRO MAGNUM TSH 15/05/2024 6:18 AM sephiroth Other property stocks PE 15 to 20X, OSK PE just 7X, substantial upside ahead 31/05/2024 1:31 AM sephiroth Osk n mahsing will be added to Msci Global Small Cap Index as of the close of May 31, 2024 03/06/2024 1:04 PM Nice149 OSK will benefit from the data centre developments in Malaysia. 2 of the main pillars in OSK biz are cable and IBS. 08/06/2024 8:57 PM  speakup next u say toilet paper manufacturer also will benefit from data centre development in malaysia cos more ppl work at data centre. apa apa macam ada 09/06/2024 9:12 AM  SinGor Quarter Result on 30-Jun-2024[#2] QoQ + 13.25% YoY + 45.78%. ( Lagenda Properties Results ) __________________ First property Co results announcement ( Good )---I think Big property Co announcing soon---- also Good. Institutional Buyers grabbing OskH ( today) before announcement 19/08/2024 7:14 PM SinGor i think "one" stock broker House" is playing OskH----Ong LH has sold/transfer 33mil shares to them 2--3year back----you can check in annual report 24/08/2024 12:09 PM SinGor southern cable Qr is consistent QoQ and raise 170% YoY ---I think OskH results will be very Good---I only hope Big dividend 26/08/2024 7:13 PM Dehcomic01 OSK – will we see a profit boost? Over the past 8 years, OSK has transformed itself from a financial services company to a property group although financial services still accounted for more than half of the net assets. Because of this set-up, while OSK's main operation is property development, a big part of the profits still came from its investment in RHB. The Malaysian property market had been soft for many years, but there are signs of recovery. Hopefully we will then have both cylinders firing thereby boosting OSK performance. For more insights go to page 20 of INVEST https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol221-Invest-23Aug.pdf 27/08/2024 2:25 PM SinGor OLH is really a stingy CEO!!!!!!!!!!! RHB give 15cents to OSK, we get 3 cents ( wtf ) 28/08/2024 9:04 AM sephiroth Rhb 60% payout from profit osk only 30% payout of net profit, latest 4 quarters eps 23 sen X 30% = 7 sen p. a 01/09/2024 11:12 AM SinGor Universal Cable, based in Kuching, primarily manufactures and sells telecommunication and power cables. The company was placed under liquidation on May 15 this year. Olympic Cable, meanwhile, produces a wide range of cables, including copper, aluminum, fire-resistant, solar DC, fiber optic and transmission cables. ________________________________________ Liquidates assets worth 146mil OLH buys for 85mil ( with RHB 15sen Dividend )---I think OLH aims is major supplier for Data Cables for Data Center---Universal Cable should capture Data Center Cables But too Bad in Liquidation----so fat profit flows into OLH hands 06/09/2024 6:40 PM SinGor Maybe OshK is the biggest supplier of Cables in Malaysia. Getting Big is one things but matching Demand is very difficult. The timing is just perfect. Massive demand comes from Data Centre and Malaysia has been very strict on Imported Cables ( Dumping quality) esp. China ones ( always not 100% pure Cables ) 09/09/2024 6:36 PM sephiroth Rhb have rise 15% from 5.50 to 6.30, while OSK unchanged which indicate OSK overwhelming undervalue 14/09/2024 12:17 PM SinGor 1.70 is Highest since listing as OSKH, turn very bullish if breach 1.70 again 24/09/2024 6:04 PM SinGor lets hope OLH gives "Huge" Dividend before 1 Jan 2025 to beat 2% tax on dividend....Any way 2% dividend tax is NOT gazetted yet ( could be a temporary Tax option that can be removed before GE16 ) My BET most Bursa Companies will NOT announce Dividend until the Last Qr of 2025 to give Time for Heavy Cash Balance Co time to figure out how to avoid 2% Tax for Co owner 06/11/2024 9:30 AM  | |
