Potentially growth in next 2-3 years to NTA to RM3

One Share of OSK equal to RM1.1 (Properties Development Division ) plus RM1.1 (Financial

The normal distribution curve of OSK that the current price of RM 0.96 is as the tail of the curve, only very small percentage of share will trade at this level. The mean or the belly of the curve is at around RM 1.6 where the most likely of most of the share will trade. The fin of the distribution curve currently at RM2.2

EPS
2016 - 11.9 sen
2017 - 19.27 sen
2018 - 16.66 sen
2019F - 25.32 sen

NTA
2016 - RM2.06
2017 - RM2.19
2018 - RM2.21
2019F - RM2.32

Dividend
2016 - 7.5 sen (5.36%)
2017 - 6 sen (5.61%)
2018 - 5 sen (5.75%)
2019F - 8.2 sen

Target price RM1.42

Get ready for higher dividend and uprisings of OSK

Simon, warrant will back to at least 20sen no worries

At the current price, OLH definitely wants to accumulate all OSK shares and privatize it. Then he can owned 100% of 10.13% RHB and then listed again only the OSKP at RM1.2. How can the rest of the shareholders agree on that? It’s ridiculous.

Lets agree to disagree on the unfair undervalued from now on by rejecting any value below RM1.1 until AGM or next Q announcement. Let them play balls under themselves.

As a public listed company, the board of directors and management of OSK owed all the shareholders an explanation why it’s so much Undervalued. If unable to take care of value, it’s better to distribute all the RHB shares to the shareholders.

OLH please take note of the expectations
Time table design for OSK to target price to RM1.5

Jan - 0.9
Feb - 0.96
Mar - 1.02
Apr - 1.08
May - 1.14
Jun - 1.2
Jul - 1.26
Aug - 1.32
Sep - 1.38
Oct - 1.44
Nov - 1.5
Dec - 1.56

Take your own risks for investment. no pain no gain. No risks no opportunities.

I think EPF should increase OSK into it’s portfolio as it’s valuation as well as the dividend...definitely will be a winner for EPF as well

Dividend yields
2013 - 4.55%
2014 - 3.69%
2015 - 12.27%
2016 - 5.36 %
2017 - 5.61%
2018 - 5.18%

Looking at increased cash with OSK as well as likelihood of RHB and OSK properties development growth...very likely to increase dividend as well in 2019. I think the market still waiting at further announcement of 2018 dividend distribution.

If all OSK WC of 356,577,165 conversion into OSK is approximately 17% significant diluted. Look like good buy for OSK WC at only 4 sen now.

The Board of director didn’t do their job to protect shareholders interests. Makan gaji buta ....need to give them pressure

Stock price at end of the year (*after adjustment)
2013 - RM 1.10*
2014 - RM 1.35*
2015 - RM 1.09*
2016 - RM 0.93*
2017 - RM 1.07
2018 - RM 0.87

NTA (after adjustment*)
2013 - RM 1.79*
2014 - RM 1.90*
2015 - RM 1.97*
2016 - RM 2.06*
2017 - RM 2.19
2018 - RM 2.21

Cash
2013 - RM 2.015 m
2014 - RM 56.098 m
2015 - RM 451.582 m
2016 - RM 418.396 m
2017 - RM 424.158 m
2018 - RM 528.329 m

What is the reason that the stock price dropped when NTA and Cash accumulated YoY continuously?