OSK HOLDINGS BHD

KLSE (MYR): OSK (5053)

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Last Price

1.62

Today's Change

+0.01 (0.62%)

Day's Change

1.59 - 1.64

Trading Volume

514,700


13 people like this.

7,513 comment(s). Last comment by Noni 5 minutes ago

Posted by limitup5053 > 2013-07-18 08:40 | Report Abuse

agree w lkloke 100%..will buy some again at 1.70..

Posted by Chew Serena > 2013-07-18 12:52 | Report Abuse

JUST KEEP IT WAIT COUNT MONEY

ling

155 posts

Posted by ling > 2013-07-19 00:05 | Report Abuse

let do counter offer and log in the system and start selling at 2.3 start from tomorrow...

vinvin

4,495 posts

Posted by vinvin > 2013-07-19 03:02 | Report Abuse

Yes can be done provided everyone follows.................all ........follow!!!!!!

haikeyila

1,068 posts

Posted by haikeyila > 2013-07-19 14:52 | Report Abuse

let's see what happens when a group of ants challenge godzilla

iafx

4,632 posts

Posted by iafx > 2013-07-19 14:54 | Report Abuse

tips: olh is also the independent non-executive director of Bursa

Posted by Chew Serena > 2013-07-19 19:58 | Report Abuse

What happening still send me letter want correct the share at 1.68 omg

Posted by garfield282004 > 2013-07-29 11:21 | Report Abuse

From 34.24% increase holding till 36.05%, what do you all think Ong Family upto? -.-

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/LsvAllByID/A37E4EA9D6E660F348257BB400364A49?OpenDocument

tigerroar

542 posts

Posted by tigerroar > 2013-07-29 23:12 | Report Abuse

Oh dividend time again in August.

sephiroth

14,145 posts

Posted by sephiroth > 2013-07-31 11:42 | Report Abuse

once reach 168, olh will sapu again, all shareholders, no need to panic, must prevent that

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-01 11:13 | Report Abuse

some dumb enough to sell at 168 today

leetong

1 posts

Posted by leetong > 2013-08-01 13:27 | Report Abuse

just keep it wait good dividend.

iafx

4,632 posts

Posted by iafx > 2013-08-02 11:21 | Report Abuse

olh looks to win this game, he leverage on market fear, $1.68 still present a gain to many; despite it is such a disgrace. the longer he drag, it's just a matter of time to reach 90% at $1.68

best of all, he can U-turn anytime and still gain. olh knows how to play $ thru $ with $, and u can forget about "susah" to help u.

kl foong

421 posts

Posted by kl foong > 2013-08-02 11:22 | Report Abuse

Don't sell, hold. Buy if u have excess funds.

iafx

4,632 posts

Posted by iafx > 2013-08-02 11:32 | Report Abuse

oskprop for instance, collectively, olh and related already capture 76% (maybe more). u bet unknown collection by olh in osk? he obviously has planned this thing for a long time already

he didn't put u in hell, he didn't bother to share wealth with u either, that's how good he is

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-02 19:01 | Report Abuse

OSK now have another 5.166 m RHBCAP shares from DRP,, total 250.166m shares
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1369285

ling

155 posts

Posted by ling > 2013-08-02 23:43 | Report Abuse

very silly proposal wasting of money and paper....hopefully greedy Ong don't do that in future...yam kong!

tonylim

4,796 posts

Posted by tonylim > 2013-08-03 00:02 | Report Abuse

Ling, those who know him will know how he see money and wealth.
I do hv 2 years working with him during his hey days as a casual share trader.

soon9913

2,820 posts

Posted by soon9913 > 2013-08-03 22:55 | Report Abuse

tony- do u think olh got dividend for us since he has used up the RHB dividend to buy RHB shares?

tonylim

4,796 posts

Posted by tonylim > 2013-08-03 23:29 | Report Abuse

Soon. No clue.

Posted by ChiewLiang Lee > 2013-08-04 00:01 | Report Abuse

instead of getting dragged into this game, better sell and look for new opportunity. there might be potential in this stock, but once the major shareholder made up his mind for take-over, he can reduce the dividend payout or just making it a sleeping company. we as retail has no upper-hand.

PureBear

249 posts

Posted by PureBear > 2013-08-04 17:41 | Report Abuse

Part of the reasons we invest in a company is the credibility of the management, if the management is deceptive, no point investing in it.

ling

155 posts

Posted by ling > 2013-08-04 21:55 | Report Abuse

I think the strength of OSK at the moment is only the value kept in RHBCap, which unable to distribute at the moment, as Ong need to maintain the % share even to fully benefit of dividend reinvestment into RHBcap so that his leading role at RHBCap Investment Banking will not be replaced. Therefore it's make sense for him to continue to increase his shares while it's undervalue. The weakness is the stock in short term will for sure no appreciation. I think he's also plan for transition planning to his son in business in this few year. The opportunities for OSK is restructuring the business most probably into properties development as well as reit, maybe again merging of oskprop & oskvi into the company. However this will need funding, maybe privatize and relisted, for short term again will not benefit the small shareholders

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-05 16:40 | Report Abuse

why all these jokers keep selling to that shark ong

babu

326 posts

Posted by babu > 2013-08-06 09:11 | Report Abuse

you guys cannot like that say one, if you think it is good then you all can buy also what. I think we should be fair and not make wild allegations and unkind name calling here.

lex1999

85 posts

Posted by lex1999 > 2013-08-06 09:47 | Report Abuse

MANDATORY TAKE-OVER OFFER OFFER BY OSK EQUITY HOLDINGS SDN BHD (“OSKE” OR “OFFEROR”) THROUGH RHB INVESTMENT BANK BERHAD (“RHBIB”) TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF RM1.00 EACH IN OSKH NOT ALREADY HELD BY OSKE AND THE PERSONS ACTING IN CONCERT WITH IT (“PAC(S)”) (“OFFER SHARE(S)”) AT A CASH CONSIDERATION OF RM1.68 PER OFFER SHARE (“OFFER”)

can i know if i dun take the offer...what will happen?

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-08 11:00 | Report Abuse

the most bearish forcast from maybank ib that BV of RHB Cap will increase by 76.6 sen(OSK 9.8% stake = 7.5 sen) in FY13, 82.3 sen (OSK : 8 sen) in FY14...olh can't take over as their stake in osk is around 36-37% and need 90% stake for the deal to go thru
http://cdn1.i3investor.com/my/files/dfgs88n/2013/08/07/1479200700-935988493.pdf

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-08 11:34 | Report Abuse

1 % stake = 9.68 million shares. olh can't even grab 1% share since 1.68 offer though he might get over 3 mil shares including yesterday 500,000 shares which is only 0.3% stake. he can't even cross the 40% barrier, 90% is totally impossible

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-12 11:47 | Report Abuse

Affin IB (independant adviser) have today conclude that the offer is NOT FAIR and NOT REASONABLE(which is damn obvious) and advise shareholders to REJECT the RM1.68 offer

berry

1,036 posts

Posted by berry > 2013-08-12 12:35 | Report Abuse

Affin: OSK Holdings takeover offer ‘NOT FAIR & NOT REASONABLE’. Net asset value is between 1.88 & 2.15.
http://www.theedgemalaysia.com/business-news/249407-affin-osk-holdings-takeover-offer-not-fair-and-not-reasonable.html

berry

1,036 posts

Posted by berry > 2013-08-12 12:36 | Report Abuse

guys, don't sell..

Posted by limitup5053 > 2013-08-13 08:22 | Report Abuse

sapu !

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-19 09:30 | Report Abuse

tomorrow offer dateline, see what will happen next

paulyeo

10 posts

Posted by paulyeo > 2013-08-19 20:35 | Report Abuse

the 2nd qtr result and dividend hopefully will be announced soon.

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-20 15:56 | Report Abuse

olh lucky, last day of offer, sapu 7m shares, total stake still below 40%

FCM100

143 posts

Posted by FCM100 > 2013-08-20 16:04 | Report Abuse

what will happen next??

vinvin

4,495 posts

Posted by vinvin > 2013-08-20 21:46 | Report Abuse

Take over not successful, please read today announcement.

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-21 16:30 | Report Abuse

olh sapu a lot, 9m shares today at 1.67

balvin71

1,154 posts

Posted by balvin71 > 2013-08-22 23:40 | Report Abuse

Tan Sri still buying the shares......will he come back with the same offer? Reduced offer? Increased Offer?

taych

100 posts

Posted by taych > 2013-08-24 08:44 | Report Abuse

divd out!

w2sin

64 posts

Posted by w2sin > 2013-08-24 16:31 | Report Abuse

Interim dividend of 2.5 sen.

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-25 10:28 | Report Abuse

1st interim 2.5 sen gross, 2nd interim 5 sen gross, final 2.5 sen gross just like last year

berry

1,036 posts

Posted by berry > 2013-08-25 12:06 | Report Abuse

sephiroth, where did you get this news?

berry

1,036 posts

Posted by berry > 2013-08-26 00:23 | Report Abuse

got it, thanks!

FCM100

143 posts

Posted by FCM100 > 2013-08-27 10:29 | Report Abuse

how come the share price keeps dropping?

w2sin

64 posts

Posted by w2sin > 2013-08-27 10:34 | Report Abuse

what happened???

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-27 10:36 | Report Abuse

same old story, us fed cut stimulus, all capital goes back to advanced economies, us, europe.
philipines, thailand, indonesia much much worse than us

sephiroth

14,145 posts

Posted by sephiroth > 2013-08-28 16:14 | Report Abuse

1.68 is already undervalue, those jokers wanna sell to me at 1.51, fair enough, i grab more

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