Simon, don’t be surprised. OLH had done that before when took over OSKP properties stock last time....with accumulated first of OSKP Warrant at low....then convert to OSKP share when pushed the stock high enough. After that significant increased his ownership then takeover OSKP

Then the shareholders value will be diluted by the conversion of OSK warrant....and his OSK ownership % increased enough then can consider takeover again

In order for him to do that however he need to ensure the OSK share price above RM1.2 before Expiry date of Jul 22,2020. Ideally he will make it RM2.4 so that he can exchange OSK share for free....he owned the most OSK WC

Look like OLH now is sapu as much OSK WC at almost free of few sen so that later can multiple value to convert into OSK share and dilute value of all shareholders and then only will takeover again...so the cost lower for him

Bursa should look into whether it’s unfair practices or any conflict of interests in the conducts.

Why large shareholders want to set prices as such a very much undervalued then? It’s to make a fortune.

Yes, OSK’s stock price is unfair

Large shareholders can force stock prices up or down based on their trades, so they sometimes set the prices and everyone else just has to live with them.

However, all of the inequality for stocks, has one good effect–it means that getting an undervalued stock can happen. In the perfect markets of the economics texts, it’d be impossible to make a fast fortune.

Climbing the ladder 3.17% for the week
https://lakenormanreview.com/osk-holdings-berhad-5053-kl-climbing-the-ladder-3-17-for-the-week/

Actually all the young already in the money game not in stock market. But remember old ginger much more spicy.

PE: 5.96
NTA: 2.21
Fair price: 1.2
Strong buy
S1: 0.935
P: 0.968
R1: 1.030

Saya ada baca QR, read carefully and here the summary that you don’t want to miss:
NTA is 2.21 up from 2.19
EPS is 16.66 sen up from 10.72 sen in 2017 (excluding one-off 8.55 sen in 2017)
Cash is 528 million up from 424 million (25% increased)
Unbilled sale is 1.54 billion up from 1.1 billion (40% increased)
Gross development value is 10.44 billion up from 8.8 billion (18.6% increased)
Don’t have to mention strong earnings grew of RHB of 23%
Decide yourself on the real value of OSK!

Test the next level of resistance of 1.05

I think OSK QR soon pending RHB to announce first then will release

Break resistance level of 0.97, the next level of resistance is 1.03

Monkey game of buy-sell show at 0.96-0.965 finished...will break the 0.97 then

OSK announced proposed final dividend of 3 sen whilst waiting for quarterly results to be announced

It’s quiet period waiting for quarterly results. After 4Q announcement you may not able to get it below RM1...

Technically strong buy

https://www.tradingview.com/symbols/MYX-5053/technicals/

Technically strong buy
https://www.tradingview.com/symbols/MYX-5053/technicals/

Breakout of 0.955 ...upward to 1.05. Ong mari Ong

Price momentum improved slow and steady

OSK focus on business growth, market will follow

RHB share price increased 8.08% within 3 months, however OSK only increased 4.4%

Good fundamentals with
PE = 7.65
Profit margin = 22.1%
DY = 5.82%
Earnings yield = 13%
EY/EBIT = 7.67