Hanting999, it is not all doom and gloom,even Pbb and others did ask shareholders for more money. Just the right time for Rhb to restructure. 5 years is a short time for a company.
As for Aabar,it has been losing money left,right and center,running out of cash is why it is not taking the right issue.

It has been very disheartening for you,hanting999 and me too,disappointment after disappointment. Like I said,if you have better investment else where don't hesitate to invest in it. Get a better return on other investment. I have set myself a time limit for this counter,planning to buy a piece of land and built a house therefore have to liquidate my holding in OskH but not the warrant as it is a bonus issue.
Passionate about other counters too,like PIE,Ulicorp,Ntpm,Lpi,Pbb,Mbsb and Ecm for a long time,since 2004,but do not have time to write in all of them.
Wish you all the best in your future investment.

They cannot suppress Osk share price forever. Personally, I shall keep this share until year end result is out,end February,2016. Reason being,Pjd and OskP results already consolidated into OskH. I am not smart enough to set a target price for the near term. I shall keep the warrant until the mother share price reaches 4.00 which I think is achievable within 5 years.

Osk gearing up. This is not news at all. Even last year before the merger announcement was made,I said ong can borrow 1bil to takeover Osk Prop and Pjd to acquire new businesses for Osk Holding. One sided report from the Star,nothing was said about increase in eps,profit,economy of scale,lower cost of borrowing,Pjd and Osk Prop being under valued ie.they have been taken over at a discount,better utilization of asset and human resource,new business opportunities for Osk Holding and risks diversification,better public holding spread and an incentive for institutional funds to invest in the larger entity,etc. Pjd and Osk Prop are sound businesses. Borrow to invest in these 2 companies is sound business decision.
Osk Holding is no 1mdb.

This counter highly manipulated.

I am no expert regarding Bursa rules and regulations. It is insider trading that you are referring to. It is illegal and should be reported. The only thing is,it is difficult to prove. Pjd went up to 2.24 on 18.8.14. because those in the know bought on the news of the mergers before the announcement went public. It is small fish like me who is at a disadvantage,trading with minimal information.

According to the Edge,90% acceptance has not been achieved. Still short by 2%.
Please be aware that Osks'holding 96.18% of Osk Prop shares as at 11.9.15,according to Bursa filing,is different from the 90% acceptance level which needs to be achieved for a compulsory takeover. The 90% acceptance means the offer made to the minority shareholders of which 90% of them have to accept the offer.

fairnreasonable,Osk Holding will be given time to reduce their holding in Pjd gradually,ie. they have to start selling. It has to be done in such a way that it will not affect the share price adversely,that is the most important thing.

Osk Prop will be suspended on 22.10.15 period,do not have to wait for anything for this to happen.

1.Osk Holding completes takeover of Pjd.
Osk is satisfied with 75% of Pjd,Osk has to ensure 25% public holding. That is the end result.
2.Osk Holding takeover of Osk Prop not yet complete.
Osk Holding can invoke the compulsory takeover of Osk Prop as more than 90% has been acquired but extended the time limit instead to acquire the rest of the shares as this will be faster. Court sanction required for the compulsory takeover,this will take 3 to 6 months.

As with media report,it has sensationalized the issue. Using word like failure to make it sound very negatively. When the mergers were announced,most expected Osk Prop to be a subsidiary and Pjd to be an associate companies of Osk Holding because the offers for both were undervalued but many people failed to take into account that Osk Holding was undervalued as well. That is why ong ended up with only 51.7% as many minority shareholders of both the companies have taken up the offer to convert to Osk Holding shares instead of taking cash. If all the minority shareholders had opted for cash,ong would have ended up with 55%. Even the independent advisers said you should convert to Osk Holding shares.
The end result now is better than expected,Osk Prop shares will be suspended from trading as there is less than 10% public holding,and will be compulsory purchased by Osk Holding.
As for Pjd,it has become a subsidiary company. Pjd financial results will be consolidated into Osk Holding.
The whole exercise has been successful just that instead of holding 100% of Pjd,it will be only 75% now.
If I am holding Pjd shares,I will be worried because of the weakness in the overall market sentiment and the liquidity of Pjd shares.

He has gained control of Osk Holding with 51.74% as at 7.9.15.

Next Debtors? Good lesson.

Osk property-mission accomplished.
Pjd-71.99% acquired.

Hope you will achieve the next million soon. Keep on educating. Bravo.

Thank you for being so informative once again.

A bigger, stronger entity will emerge. I have said before,Osk Holding is way under valued that is why ong has spent an additional 150m to strengthen his holding in Osk Holding. Now he tells you Osk Holding is trading at a 41% discount. Osk Prop and Pjd are depending on Osk Holding for obtaining funds for future projects. The jewel in the crown is the 9.94% holding of Rhb as Rhb will be merged or sold off in the future.
All serious investors should read what sephiroth has highlighted for you above. Thank you sephiroth.

Good morning Hanting999,you are correct,hardly any analysis on Osk. Tan KW has written quite a bit,read headlines above all these comments. Very good comments about Osk. Would like to know too who is selling big time day in day out.

Hanting999,it is only if the warrant is worth 1c like you said. Will hold both mother and warrant for at least a year. Warrant is worth buying if you are prepared to convert in 5 years time as mother will be worth 4ringgit or more by than. 4-(1.80+0.35)=1.85gain just by investing 35c today. That is why I have been holding Osk for 2years now. Will buy more warrant if it is being manipulated and sold by investors in panic. Only using a fraction of the money to buy mother you can buy the warrant,ie. if you can hold for 5 years.

Hanting999,price depends on demand and supply. It depends on the investors who are willing to buy and sell,and make an offer for the warrant at a certain price. You are not the only one who is worried. I have to explain to my friends and family why this counter is what it is today. Told them not to sell as the warrant is given to them free. If it is worth only 1cent,I shall certainly sell all the mother and convert all to warrant.

stead,please read circular to shareholders.

SinGor,land GDV 1 billion estimated when Rhb took over Osk investment bank,should be worth at least this amount now.

I am confident like you,SinGor and Stockraider,about Osk Holding. I understand the frustration that Hanting999 is feeling.
Osk Holding EPS will increase by at least 50% that is from 22cents to 33cents.
Profit will double up.
Osk Holding itself has a piece of land with a GDV of a billion.
With 2 highly under value companies injected into it. Minority shareholders of these 2 companies know they have a very good GDV. Sales and profits will definitely increase,very good future indeed.
Rhb will provide better earnings and dividends after restructuring,and it will merge with another bank in the future.
Dividend is good enough and better than FD.
Management of all the above companies are outstanding.
The minor irritations now are the low oil price,ringgit value,U.S. interest rates and 1MDB.
My major concern is how Osk Holding share price has been manipulated to the disadvantage of retail investors. It is so obvious that this is happening. Burse should do something about this. For a start,every trading transaction done should be charged 40 ringgit. I am sure all the remisers would be happy and banks too. This will stop 100 shares being sold just to manipulate the share price,especially at the end of the trading day.
Any normal company will such good prospects will see their share price flying up.
Can anyone explain why this is not happening to Osk Holding. Definitely I would like to know.

The only way to mess up his plans is to convert all minority shareholders of PJD and Osk Prop shares to Osk Holding shares therefore diluting his share in Osk Holding to less than 50%. With all the goodies incorporated into Osk Holding,the share value of Osk Holding can only head north. He will be forced to buy from you and me in order to gain control.
I don't think he has con his wife,son and himself into converting to Osk Holding. He knows where Osk Holding is heading. He has taken a chance and has sacrificed his queen and castle but are the minority shareholders of both the companies willing to follow him. Are they as far sighted as him?
If he controls between 75% to 89% of Osk Prop ,what do you think will happen to its share price? Will it be delisted or will he be forced to sell it back down to less than 75%? If he sells,Osk Prop share price will drop.
Everyone is expecting PJD share price to go up after mid-September. Beware,as he can keep PJD share price down just like what happened to Osk Holding,with its share price hovering around 1.60 and 1.70 for so long. Hope he doesn't make you wait for a few years. Hanting999 knows he can make you wait forever. We,Osk Holding shareholders,are still waiting. Most are tired and fed up of waiting and many have sold. Just a word of warning as he can wear you out. Be prepared to wait.

Easy, ask someone to buy for him,not difficult to get around this. Look at how the share has been manipulated. Rules are meant to be broken.

He will use money received from the dividend to buy more Osk Prop for the next 2months. That's why extended for 2months. Pjd will have to wait. Malu if both can't be merged,so has to complete at least one merger. Osk prop is so near buy yet so far to merger completion.
The mergers were planned to be completed by early September,read page 99,but now extended to 14th.September. Just a week longer. Page 98 and 99 = estimated time frame for completion.

Yesterday 3.3m being used today.

Again early August.

Close to 7m traded but move up only 1cent,mind you Osh Holding is not a penny stock. That is why Hanting999 is so angry.

Yes longkanginvestor. If you have 3.3m to sell,you start selling right from the start but not at the last 7 minutes.

How to sell 3.3m in the last 7minute? It is there to stop the share from moving up.

sephiroth,it's early August. Page 98.

Cheap but still no money to buy so borrowed until no money to service loans.

Like 1MDB surviving on borrowed money.

We have to be prudent when investing because we do not want to contemplate jumping off a high building,in front of a train or a cliff when things take a bad turn in the stock market. Any adverse financial situation will affect the whole family,so be more responsible and keep in mind the worst case scenario. Avoid the worst case scenario,as you cannot afford for this to happen to you. Then think about making money in the stock market.

Only reason Osk share price has been kept down is because ong doesn't want minority shareholders of the 2 companies to convert. If they all convert he will control just less than 50%. That is why I said only AFTER ong has gained 55% of Osk, only then ong will push the price up as he can then use the higher Osk share price to exchange for the rest of Osk prop and Pjd.
Hanting999, had it not for 1MDB the merger would have gone through,that is why Cimb Nazir is so pissed off. The share price of Osk would be trading around 2.80 now had the merger been successful.

The jewel in the crown for mr ong is the extra 13% from Osk near 10% of Rhb and he gets to control Osk. He will not lose out on Osk prop but he will lose out on Pjd but this is compensated by the gain from the extra 13%, resulting in a net gain of around 200 to 250 millions. Of the 3 companies,Mr. Ong has the least holding in Pjd compared with Osk prop and Osk holding therefore the lose is the least.

Correct hng33, as Osk share price will go up sooner and faster than both the other 2 companies. Otherwise minority of the 2 companies have to wait till next year for their share prices to go up. End result will be the same but have to wait. So why wait?

Hng33, most investors have the misconception that ong will lose out on this. I shall definitely keep the free warrant and wait for Rhb to be sold or merged with another bank.

Hng33,I think you are correct. He will offer for the rest of the minority shareholders later after he has control of Osk holding and when the share price of Osk has increased significantly.

Osk holding share price will move north AFTER mr ong has gained 55% control of Osk holding. If all Osk property and Pjd minority shareholders were to convert into Osk holding,mr ong will control just under 50% of Osk holding. He doesn't want this to happen that is why the 2 companies are offered at a discount. Mr. Ong will again increased his holding in Osk when he exercises his warrants in the future. He told you he is putting his coffin money into this company. Guarantee like this I want. Don't forget he is paying himself the 15 cents sp.divi. too.

Osk holding share price will trade higher than 2.05-2.10 reasons being eps increase from 21.29 to minimum of 33 cents,better future prospects from being a bigger company and better dividend from Rhb Bank

Commented in this forum on 12th and 18th October,2014 about mr ong intentions and how much he stands to gain on this. It is about 250mil. back in October last year. Less now as Rhb share price has come down but maybe more in the future because of potential merger. Mr. Ong has all the information otherwise he wouldn't have taken the risk and handed to you Osk prop and Pjd at a discount.

Can if you can hold for 6 to 12 months. Ong's bonus is the bigger share he gets in Osk holding and Rhb Bank. He is not Santa doing this for nothing.

Exercise price of warrant is 2 ringgit. Since warrant is free,I will keep it for six to twelve months.

bank had been sold.

Because the offer is too good and nobody can believe it. Everyone think mr ong will lose big time. Mr. Ong wants to control Osk because of the near 10% holding of Rhb. He is thinking ahead of everyone,he knows Rhb will be merged with another bank in the future.
Good of him to give shareholders something now as most have been waiting since Osk investment

Mr. Chong,you do not need to explain yourself. Your intention of educating is very valuable.

Thank you Mr. Chong for educating and providing so much information.

Mr. Chong, TA is an extension of FA. FA + human behavior = TA.
TA works as FA has been taken into account without you realizing it.
You chase after a stock in the short term because the fundamentals of this stock have been considered good, but as the price of the stock appreciate the risks increase too. Human behavior is open to manipulation that is why it is far more difficult to predict in the short term. ( not to mention the limitations of both FA and TA and all the others external factors high lighted by ks55) Some investors will use their business experience to do some forward thinking to decide where a company is heading before they invest in the company. There are no hard and fast rules but it is best if you have taken everything into consideration before you invest. We use all available tools to reduce our risks in order to have an educated guess. It is not an easy thing to do that is why most of us have a normal job.
I enjoy reading your write up. Thank you for taking the time to educate the public. Very decent of you to do so.