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KLSE: OLYMPIA       OLYMPIA INDUSTRIES BHD
Last Price Avg Target Price   Upside/Downside Price Call
0.125 0.60     +0.475 (380.00%)
* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.
** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).
Date Open Price Target Price Upside/Downside Price Call Source News
No Price Target available for this stock.





  6 people like this.
 
joni this counter price quite low,should move anytime ?
06/06/2018 11:11 AM
chinaman Last night, I tuned in to TV 1 to listen to our newly minted Finance Minister Lim Guan Eng.

While the challenges ahead of him and the Pakatan Harapan (PH) government are indeed colossal, it will be a case of when the going gets tough, the tough get going.

If I had the opportunity to call in and speak to the honourable minister, I would have asked him one question on the lips of my fellow Sabahans.

If the federal government is in need of extra revenue, why not introduce a gaming tax of 10% on punters who visit the 4D outlets of Magnum, Sports Toto and Da Ma Cai in Peninsular Malaysia?

Punters in Sabah cannot understand the difference in the way we are taxed 15% extra for every ticket we buy while our fellow punters in Peninsular Malaysia escape this gaming tax.

Sarawakians are taxed 10%.

I don’t believe it is a case of different strokes for different folks.

But I do believe that the time is nigh for streamlining and exercising fairness in such policy matters that affect us Sabahans.

While we acknowledge that the gaming tax comes under the purview of the respective state governments of Sabah and Sarawak, there should not be any reason why the governments at state level cannot review this policy. On the other hand, if the objective is to raise funds for the federal coffers, such a move should be seen in a positive light.

The new finance minister once said in a clip I saw that Sabah and Sarawak are equal partners with Malaya and not one of the states under Malaysia.

He acknowledged this fact, as did other politicians who bombarded us with the Malaysia Agreement 1963 (MA63) that said we were equal partners in the formation of Malaysia. Shouldn’t they now walk the talk on something as simple as this?

Either introduce this gaming tax for the 4D operators in Peninsular Malaysia, or cancel such taxes for the people of Sabah and Sarawak.

If this principle can be applied to something as simple as the gaming tax, it can also apply to our health services in Sabah since we now have a new ministry here: the ministry of health and people’s wellbeing.

The list of ways to be fair and just, including the issue of minimum wage in Sabah, can go on and on. But really, it will amount to nothing if you do not walk the talk. There has to be a strong political will in whatever you undertake.
06/06/2018 7:20 PM
chinaman KUALA LUMPUR (June 14): Dutaland Bhd said it will receive 12 vacant luxury residences worth RM45.4 million as part of a settlement of debt owed to its unit by listed firm Olympia Industries Bhd (OIB).

In a stock exchange filing today, Dutaland said its wholly-owned unit KH Estates Sdn Bhd had signed the property settlement agreement with OIB's wholly-owned subsidiaries Olympia Properties Sdn Bhd (OPSB) and United Malaysian Properties Sdn Bhd (UMP).

The group said the luxury residences, which come with 39 car park bays, are located within Taman U-Thant next to Ampang Hilir in Kuala Lumpur, an area noted for its exclusivity and high net worth residents and embassies.

The settlement properties, which Dutaland plans to later dispose of, have a total built-up area of about 48,422 sq ft.

Dutaland said the settlement is part of the sum of about RM81.2 million owed by OPSB to KH Estates, with the remaining sum of RM12.08 million to be settled in cash by Dec 31.

OPSB had between August 2016 and March 2018 progressively settled RM23.72 million.

The debt arose from sale proceeds of a piece of land in Mukim Batu, Kuala Lumpur, that was held by OPSB back in 2016.

In 2003, OPSB and KH Estates had initially agreed to jointly develop the land measuring approximately 73.44 acres, with obligations, disbursements and liabilities at a ratio of 42% to OPSB and 58% to KH Estates.

However, subsequent to the consortium agreement, there was a re-alienation or subdivision on the land resulting in new title particulars, where parts of the land were then sold off by OPSB in April 2016.

Dutaland said that barring unforeseen circumstances and subject to all approvals being obtained, the proposed settlement is expected to be completed by the fourth quarter of this year.
15/06/2018 2:49 PM
Danny Low means?
20/06/2018 9:22 PM
joni already more than 1 month, should moved anytime?
13/07/2018 4:42 PM
daren no good news how to move leh?
17/07/2018 12:47 PM
joni sentiment better since last week
19/07/2018 12:21 PM
pzul This counter very quite. Got some hope here.
04/08/2018 7:39 PM
kjyang This share is sleeping,
In coma mode
05/08/2018 9:35 AM
pzul Good sign. Moving forward
10/08/2018 4:14 PM
paulthesotong BNM app sale of Jupiter to Cimb.. sron
13/08/2018 9:12 AM
HoselGoh Buying interest seems strong today. No wonder top volume..
13/08/2018 9:32 AM
paulthesotong After sales Strong BS......easily off its liabilities by 305m
13/08/2018 5:41 PM
ckybangi so , tomorrow share price will go up?? nice
13/08/2018 9:15 PM
pzul Moving forward.
14/08/2018 3:39 PM
yipgusing lai liao ..
15/08/2018 8:19 AM
ckybangi semua dalam mimpi, mimpi sampai bila??
24/08/2018 10:24 PM
djibaok mimpi sampai besok tengah hari
27/08/2018 12:40 AM
daren qr bad bad
28/08/2018 10:24 AM
Jasper Coo Nice ! Start taking profit, thanks.
28/08/2018 10:43 AM
kjyang This counter will not move unless they sell off their building or land.
29/08/2018 9:52 PM
chinaman 4D gaming is fleece from this time budget for add. tax unlike casino. I'm still holding tight this ikan masin. myr5billion allocation further boost for sabah economy. wakaka
03/11/2018 12:27 PM
daren coming qtr result expect to be how?
13/11/2018 12:03 PM
chinaman 3rd Qtr net profit ~myr10million! hurray.... wakaka
27/11/2018 7:25 PM
kjyang Will this counter be taken private
.
02/12/2018 9:29 PM
chinaman KUALA LUMPUR (March 8): Olympia Industries Bhd is getting a four-storey bungalow as payment for most of a RM5.55 million debt owed by a company controlled by its major shareholder and managing director, Tan Sri Yap Yong Seong, widely known as Duta Yap.

The debt is interest (full amount: RM5,547,651.31) incurred from the RM55.3 million that Yap's 100%-controlled City Properties Sdn Bhd (CPSB) owed Olympia previously, which had been offset via the transfer of 15 condominium units at 9 Madge in Taman U-Thant to Olympia in 2015.

Olympia said in a stock exchange filing today that its unit United Malaysian Properties Sdn Bhd will get the bungalow, located at Taman Sri Hartamas with a built up of 543.9 sqm, from Sri Aman Development Sdn Bhd (SADSB), a company in which Yap has an indirect 75% stake, held via his son Yap Wee Sean. UMP has inked a sale and purchase cum settlement agreement with SADSB and CPSB for the related party transaction.

“The proposed transaction will enable the company to recover most of the outstanding amount due from CPSB, as well as to increase its portfolio of investment properties,” Olympia said, adding that the deal is expected to be completed by the second quarter of this year.

After setting-off the bungalow's purchase price of RM5.5 million, CPSB still owes Olympia RM47,651.31, which it shall pay off "at such times and in such manner as CPSB and the company may from time to time agree upon".

Yap holds a 32.52% stake in Olympia. He also controls Dutaland Bhd, where he has a 53.78% stake and is its managing director.

Olympia shares closed 0.5 sen or 4.76% higher at 11 sen today, giving the group a market capitalisation of RM112.58 million.
09/03/2019 2:18 PM
Tripaka Movement detected....
06/04/2019 11:00 AM
lextcs interests pouring in....keep a watchful eye
09/04/2019 1:50 PM
chinaman Nenek Yap got 1400 acres land in JELEBU which new ECRL rerouting go thru besides 70 acres land in Mont Kiara co-owned with Butaland. wakaka
14/04/2019 11:04 AM
lextcs like that don't buy aso x boleh tahan lor
16/04/2019 3:34 PM
Destiny88 Interesting ...

Dutaland still owe around 47m for Olympia which is around 5c EPS for olympia
16/04/2019 3:42 PM
calvintaneng THESE FIVE STOCKS MIGHT BENEFIT FROM ECRL SOUTH: Mui Prop, AsiaPac, MKH, L&G & Olympia, Calvin Tan Research

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/202714.jsp
17/04/2019 10:58 AM
Xiiao Ming Tqvm bro Calvin f ur info
17/04/2019 11:46 AM
Destiny88 Good analysis ! OLYMPIA is certainly undervalue GEM . Now ECRL confirm pass through Jelebu .

Dutaland owe olympia 47m , with cash rish olympia ...
It can certainly perfom well !
Investing is seeing while others cant see.

Even tan sri lim kok thay , boss of genting is top 10 shareholder for olympia
17/04/2019 11:51 AM
Xiiao Ming Hi bro Destiny . Can help me post 20 major shareholders?
17/04/2019 12:28 PM
Destiny88 I am outside.

But you can see top shareholder is Dato seri Yap dutala d boss , genting boss lim kok thay and banker lim pei thiam their cost is around 20c which they acquired around 2013 2014
17/04/2019 1:38 PM
Destiny88 Lim kok thay is top 8 while lim pei thiam is top 12
17/04/2019 1:39 PM
Destiny88 I just close eye and hold olympia ... net cash company which 1400 acre land bank in jelebu
17/04/2019 1:39 PM
Xiiao Ming I m holding olympia for nearly .1 years dun worry will keep for investment. Tx bro Destiny . Sorry t trouble u
17/04/2019 1:56 PM
Destiny88 No worries Xiiao Ming. Personally i think Olympia is a good company and hope it can sustain its earning.

Now positive news will be
1) 1400 acre land at Jelebu which ECRL reroute

2) NTA 39c which is also net cash company , healthy balance sheet.

3) Dutaland owe Olympia 47m which is 5c EPS
17/04/2019 9:11 PM
Xiiao Ming Noted .Tqvm bro Destiny
17/04/2019 9:43 PM
Veron_teo lol. won't up lar. Malaysian bond face downgrade. olymlia go to 0.05
17/04/2019 10:19 PM
Destiny88 TOP THIRTY SHAREHOLDERS
No. Name of Shareholders No. of Shares %

1. Kenny Height Developments Sdn Bhd 180,000,000 17.59
2. RHB Nominees (Tempatan) Sdn Bhd
OSK Capital Sdn Bhd for Seni Kasuari Sdn Bhd 127,841,395 12.49
3. Duta Equities Sdn Bhd 125,122,083 12.23
4. MP Factors Sdn Bhd 34,603,560 3.38
5. CIMSEC Nominees (Tempatan) Sdn Bhd
CIMB Bank for Azizan bin Abd Rahman (MY0531) 29,395,270 2.87
6. RHB Nominees (Tempatan) Sdn Bhd
OSK Capital Sdn Bhd for Duta Equities Sdn Bhd 27,550,000 2.69
7. Lim Kok Thay 14,513,765 1.42
8. Ng Eng Siong 8,970,000 0.88
9. Lim Chau Liang 6,000,000 0.59
10. HLIB Nominees (Tempatan) Sdn Bhd
Pledged Securities Account for Teng Siew Kean (MG0090-199) 5,470,900 0.53
11. Lim Pay Kaon 4,000,000 0.39
12. Lim Pei Tiam @ Liam Ahat Kiat 3,900,000 0.38
13. Vun Shui Moi @ Vun Siew Moi 3,553,300 0.35
14. Ng Soo Yong 3,400,000 0.33
15. Wong Hon Yee 3,196,821 0.31
18/04/2019 6:45 AM
Destiny88 See top 7 and top 12.

Tan Sri Lim Kok Thay who is genting boss,

Lim Pei tiam who is banker

Both buy olympia above 20c.

With all the +ve news , olympia should go 20c soon !
18/04/2019 6:46 AM
nckcm Diu lo calvin new account... so annoying
18/04/2019 7:12 AM
Dickyyou Loss making stock 12.5 sen better sell. Holland coming.
18/04/2019 7:19 AM
Dickyyou Delisting soon.
18/04/2019 7:19 AM
Xiiao Ming Tqvm bro Destiny ...really appreciated
18/04/2019 8:25 AM
nckcm Tqvm xiiao ming ( calvin tan ) u not tired keep posting like this ? U want kena report by i3investor?
18/04/2019 8:28 AM
nckcm Keong kan kanina lu.. now 0.12 still ask people buy.. ecrl is over come back next time
18/04/2019 10:59 AM


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