Posted by brendonyeap > 2014-04-10 23:43 | Report Abuse

Good write up, but would be glad if u able to furnish the expected TP for OSKProp?

Posted by Icon8888 > 2014-04-11 07:44 | Report Abuse

150 for wc ?

Posted by brendonyeap > 2014-04-11 07:47 | Report Abuse

waa...so high? are u inflating its price? what abt mom?

Posted by Icon8888 > 2014-04-11 07:57 | Report Abuse

that will work out to be RM2.50 for mother share

OLH owns 70% of OSKP. Due to its low public spread, OSKP is illiquid. Yesterday it only took about 200,000 shares to push up price by 4 sen. When prospects is positive, the illiquidity can be a big advantage.

They made 55 mil this year. Lets' say Atria contributed 19 mil. Next year profit would be RM74 mil. Based on 241 mil shares, EPS would be 30 sen. Based on 2.50, PER would be 8 times.

Not unachievable

Posted by brendonyeap > 2014-04-11 08:00 | Report Abuse

Yeah true, illiquidity will be positive for OSKP, hence can easily push up its share price. But i just worry whether OLH will declare a take over for it for the remaining 30% of shares which he doesnt own, at a lower price, as what he did for OSKVI?

Posted by Icon8888 > 2014-04-11 08:49 | Report Abuse

He won't take over oskp. This is because oskp has very little land bank.

Posted by AdCool > 2014-04-11 15:59 | Report Abuse

You never know what OLH could do to maximize his profits.

Posted by Icon8888 > 2014-04-14 21:22 | Report Abuse

For those who know mandarin

http://klse.i3investor.com/blogs/golden_years/50203.jsp