BUllish start for OSK in Bull Year

Those ppl with fake accounts 're just too free to spend so much time here toking bad about stock they do not invest.

Q2 results as expected.Luckily got helped up by the property sector to remain profitable.

Aabar wants to sell its remaining stake in RHB Bank.

https://www.theedgemarkets.com/article/aabar-wants-sell-its-remaining-stake-rhb-bank

JK22, the bird flu in Japan may temporarily keep ppl there out of the fastfood restaurants. But later they will face the shortage of chicken products due to mass culling of their chicken. LAYHONG through its partnership with NHF-Japan may benefit from the spiking demand on the "non-japan" chicken products.

0.91 was previous resistance, once break, hopefully will move toward 1.00

LAYHONG is on the journey towards 2017 glory days.

Hopefully OSK can close at 0.95 at 31 DEC'20

Looks like the sleeping tiger has waken up.

Q3 results is better than expected.

OSK couter suspended till 3:30pm

Q3 result scheduled to the last day :(

Now market goreng about solar-related stocks like cypark, samaiden, slvest, scbuild, vsolar..etc. Some of them the share price has shot rocket high.
Last yr end, OSK together with Marubeni got plan to jointly develop LSS3 project (though unsuccessful). Hopefully OSK will have news coming out to bid for LSS4.

UPside momentum is brewing. Hopefully can reach 1.00 by the yr end.

Today, the company only managed to get 5100 shares of 0.745 tickets..means there's hardly any retailers willing to release at this price already. Hopefully the company buys up to higher bids.

How come I have yet received my TG dividend? Anyone has the same situation?

Mahsing +32% now...can OLH pls enter into glove business too ;P

If you notice the best buy queue, there're large pile of buy queue (5000++ lots)from 0.75 to 0.73, 10 times larger than the sell queue.

After the company SBB all the tickets at these price range, the share price may raise further up.

Start SBB again, a good sign for +ve movement. Short term TP0.90.

Guess u guys have received dividend from OSK by today. Will you reinvest back OSK using this dividend :P

Dato Yap disposed WA, probably plan to push mother share price to 0.50...so that the Group can raise funds through more public WA conversion.

"the conviction of Stanley Thai was reversed by high court, that means he is free of charge now"
------------------
Really? That's a very positive news to Supermx

Today stop laosai liao ;P

While OSK share price is not performing, if you look at many other renowned property counters like SPSETIA, ECOWLD, IOIPG, UOADEV..etc, they're depicting similar down-trend charts.
So..guess we need to be a little more tolerant :p

Posted by Ny036 > Aug 29, 2020 11:11 AM | Report Abuse

Glove earning will be good for next year or maybe earlier 2022 but what happen after 2 year from now. So many company are in expansion and new company start to built glove factory, China and Thailand is going expand in massive way. After two year it will going over supply just like mask. By the time gove company may reporting losses cos they have to include their earlier expansion costs. Most likely glove price now is the peak of the century.

_____________________

You dont need to hold it forever. You just need to ride on the trend.

@rr88, emailed to SC?
SC choi lei dou shor

LOL...

Posted by speakup > Aug 28, 2020 4:41 PM | Report Abuse
FARK!
cut loss @ 20.90
______________________________________

Wow... did you just cut loss at almost lowest point?

Haiz...

PN17 nowadays better than OSK. See PN17 KTB, +250% today...LOL

Every core business seems quite positive, better performance than Teoseng and LTKM.

Instead of Large-scale solar...OSK better switches its interest to medical line like Mahsing.

Once lagging behind, now Mahsing has overtaken OSK -_-

ya.. in this extreme period still can maintain positive is considered good already.

Even papa crocodile stock BJCORP also can shoot up for last 2 days..hopefully baby croc Ong minds to rejuvenate OSK.

Mahsing bull runs after planning to venture into medical lines...hopefully OSK learns a bit.

The dead land has finally seen a flower sprouting..

VT acquired shares again, his indirect holding has reached 28.6%. Is he going to privatize the company soon?

I heard telecommunication sector is not affected by the pandemic, but properties sector is quite affected.
Huayang is delivering a loss in this quarter.
Nevertheless, OSK starts to enjoy profit from Aus properties since last quarter, hence dampening the headwind.
Hopefully the dividend can be maintained, then the counter may look pleasant in the eyes of investors, amid this low FD interest period.

Now i have lost my WC, Boss OLH, pls push the mother price to its fair value.

Congrats for those who hold tight COMFORT~

I lost nearly 50K in WC

WC has officially dead :'(

5053WC OSK-WC OSK HOLDINGS BERHAD-WARRANTS C 15/20
Expiry/Maturity of the securities

Instrument Category : Securities of PLCInstrument Type : WarrantsMode of Satisfaction of Exercise/Conversion Price : CashExercise/ Strike/ Conversion Price : MYR 1.2000Exercise/ Conversion Ratio : 1:1Settlement Type/ Convertible into : Physical (Shares)

Last Date & Time for Trading : 06/07/2020 05:00 PM

Date & Time of Suspension : 07/07/2020 09:00 AM

Last Date & Time for Transfer into Depositor's CDS a/c : 15/07/2020 04:30 PM

Date & Time of Expiry : 22/07/2020 05:00 PM

Date & Time of Delisting : 23/07/2020 09:00 AM

Director is collecting...maybe bullish trend ahead

This explain why the share price didnt drop further after loss-making quarter result released on 29 APR 2020.

SAPURA ENERGY BERHAD ANNOUNCES POSITIVE RESULTS IN FIRST QUARTER
OF FINANCIAL YEAR 2021

Kuala Lumpur, 29 June 2020

Summary of Q1 FY2021 financial results:
o PATAMI of RM14.2 million
o Revenue of RM1.4 billion
o Current cash and cash equivalents of RM0.7 billion
o Current orderbook of RM14.0 billion with cumulative new contract wins
year-to-date of RM0.8 billion.

Sapura Energy Berhad (Sapura Energy) began financial year 2021 with a positive rebound, posting
a profit-after-tax and minority interests of RM14.2 million for the first quarter ended 30 April 2020 (Q1
FY2021). The Group’s encouraging performance in the current quarter is primarily due to
improvement in project margins.
The positive results are early progress in the Group’s plans to achieve profitability, as it remains firmly
on track to turnaround the company.
The Group leveraged on its capabilities and strategic assets to expand globally, sustaining revenue
growth and maintaining resilience. In mid FY 2020, Sapura Energy began executing a comprehensive
plan to ensure lean and efficient operations, which resulted in enhanced productivity for the Group.
As part of the Group’s planned capital management program, a refinancing exercise is currently
underway and is expected to be completed by the fourth quarter of this financial year.
The Group’s profit after tax and minority interests of RM14.2 million is higher compared to a loss after
tax and minority interests of RM109.1 million in the corresponding quarter of the preceding financial
year (Q1 FY2020).
The Group’s revenue in the current quarter rose 22.0% to RM1.4 billion, compared to the RM1.1 billion
recorded in Q4 FY2020. This was mainly attributable to the higher revenue from the Engineering and
Construction (“E&C”) business segment, which saw higher activities in line with the progress of
projects being executed.
The Group’s orderbook stood at RM14.0 billion, with RM0.8 billion in cumulative new contract wins
to-date. Recent notable awards include engineering, procurement, construction and installation
(“EPCI”) contracts for the SBM Pipeline Rejuvenation Phase II Project in Bukom Refinery in Singapore
by Shell Eastern Petroleum (Pte) Ltd, the PRP7 Pipeline Replacement Project by Brunei Shell
Petroleum Co. Sdn Bhd and the EPCI for Additional Andalas Pipeline Project Phase 4 Development
in The Malaysia-Thailand Joint Development Area by Carigali-PTTEPI Operating Company Sdn Bhd.
The Group anticipates the challenging environment to remain in the short to medium term. Sapura
Energy is optimistic that it is capable of withstanding current uncertainties and is well-positioned to
capture opportunities as the market recovers.
(Ends)

Dividend increased

LHI shoots up today

At least Ong's family now starting to collect shares again.

Layhong QR results is expected to be weak, after seeing poor results from MFLOUR, TEOSENG, LHI, LTKM and CAB. But LHI's Director, Dato Lau is acquiring their own shares recently, maybe an indication of coming back of poultry/eggs business.
If LAYHONG delivers poor results, dragging down the share price, then it could be a good time to enter.

Congrats for those who caught the falling knife in the opening this morning.