Market in General
Why You should NEVER Invest This Stock!
OSK 5053
A good stocks to hold over the long run provided diversified of the business with NTA RM2.61 and low PE
Diversified business and holding shares in RHB bank. As at 30 June 2021, the Group has effective unbilled sales of RM0.8 billion with nominal unsold completed stocks and land bank totalling 2,151 acres with an estimated effective GDV of RM14.5 billion in the Klang Valley, Sungai Petani, Butterworth, Kuantan, Seremban and Melbourne, Australia. The Property Development Division will remain a key contributor to the performance of the Group for the remaining FY21.
The performance of the Property Investment Division will remain weak due to the movement restrictions and tenants in non-essential services remaining closed. As at 30 June 2021, the occupancies of Atria Shopping Gallery, Plaza OSK and Faber Towers stood at 91%, 93% and 70% respectively. While the tenancy at the offices building remained fairly stable, the ability to defend the net property income and occupancy rate in the retail mall remains an uphill task with the continuous disruption due to MCOs. The high number of daily COVID-19 cases has affected the footfall to the mall. Nevertheless, we expect the footfall to improve in the near future as Selangor, where we operate, moves into Phase 2 of the NRP.
With the reopen economy, we believe that the rental business will remain steady.
The Construction Division will continue to deliver its current outstanding order book of RM131.4 million as at 30 June 2021 and targets to replenish new orders from internal pipeline projects from the Property Development Division. This Segment will continue to focus on the Group's internal projects and strive to ensure that the projects are of good quality and optimising the development cost, while ensuring timely delivery.
Technical View:
Price is rebound off the trendline as well as oversold level. Crossing EMA200 as confirmation. Smart money indicator showing something is brewing.
Price is rebound off the trendline as well as oversold level. Crossing EMA200 as confirmation. Smart money indicator showing something is brewing.
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Be the first to like this. Showing 17 of 17 comments
When they ask never buy this stock, and their meaning is the opposite. Why?
2021-10-14 17:12
Forget OSK .... very bad experience, last time when OSK bought over PJ Dev at such ridiculous price, Many retailers cried foul. Very stingy bugger. So for me, OSK is out of the window.
2021-10-14 18:03
One side asking people not to invest. One side promoting it. So conclusion is?
2021-10-14 18:10
Hello check your title. Content does not relate to title.
Which school? Sekolah Kebangsaan or Chinese school?
2021-10-15 10:37
Technically it is in uptrend. Not sure what timeframe is used.
Can try bet on bounce up with tight stop loss below trendline.
2021-10-15 11:46
AmInvest also issued a buy call,
https://klse.i3investor.com/blogs/AmInvestResearch/2021-10-18-story-h1592742045-Stocks_on_Radar_OSK_Holdings_5053.jsp
2021-10-18 09:51
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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....
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Article title and content tak sama message. Anyway thanks for the article.
2021-10-14 14:55