STOCK SIGNAL-OKA

Momentum is coming back .Hold well on support.Buy if break 0.875 .TP 0.925 & 1.05

OKA Group is a major supplier of concrete pipes, concrete spigot & socket pipes, jacking pipes, box culverts, L-shape retaining wall units, U-shape drain, concrete porous subsoil pipes, readymixed concrete, concrete septic tanks, precast manhole components, reinforced and prestressed concrete square piles, Arch Bridge System, prestressed beam, IBS components, jetty components and other concrete products to cater for the Malaysian infrastructure, sewerage, construction and highway industry.

OKA's rapid expansion and modernization programme involves heavy investment in machineries and equipment so as to enhance both production capacity and capability to meet  today's demand of large infrastructural projects from both the government and the private sectors.

1. Strong positioning in precast concrete products with 6 plants located in West Malaysia.
2. Biggest pipe manufacturer in Peninsular Malaysia.
3. Rising demand for infrastructure-related products
4. Potential to benefit from Master plan and transformation program.   
5. OKA enjoys higher margin from special products that it designs specially for its clients. It managed to chart a higher net margin of 12.1% in 1H15. OKA is able to sustain the margin as the company is expected to supply the products to its clients continuously.