I am happy with the 0.04 dividend and hopeful of special dividend or bonus issue in the near future. It has been a few years already that OSK has not given such rewards to shareholders despite consistent profits.
OSK is filthy rich considering its capitalization size. Cash, bank balances .. of 831Million; investments in associates and a joint venture (including RHB) 3920 million; capital financing 688 million. OLH must have a plan for the cash hordes not shared with us.
During this COVID-19 pandemic, did any companies' NTA rise from 2.21 in 2019 to 2.65 in Q4 2021? Is Whilst consistently giving away dividends of more than 5%? Like OSK? and share price continues sideway like nobody.
Insas selling at RM 0.795 is below net cash and with NTA of RM 3.30.
The market cap Market Cap: 551 Million NOSH: 693 Million (include 30,327,291 treasury shares) is even much much lower than the market value of it 14.48% holding of 537,008,575 Inari share which is recorded in the balance sheet as equity accounting asociate company.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....