Paying 1.20 to convert half the wa that was issued to him is like buying 178,288,582 mother share in the open market. Total wa issued was 356,577,165. We know more than half belongs to him. I am using half as an example. Pay 1.20 ringgit for something that is worth more than 2.00 ringgit to him,why not.Just imagine buying 10m shares every trading day for at least 18 days. What do you think will happen to the mother share price.Or buying 1mil.share per day for 178 days,i don't think OSK share price will remain fixed at 1.20 ringgit.
Why would OLH have personal loan, dont make sense tbh.
Posted by JJchan > Aug 2, 2018 08:41 PM | Report Abuse
USA/China tariff war is getting Olh nervous. He has alot OskH shares pledged as collateral in his personal loan from RHB. Pushing Oskh price higher would give him a higher Oskh floor that he can used 10% OskH buyback option to support price.
the operating cash flow and free cash flow is negative. debts are very high. Is this because of the banking segment in osk? i was taught negative operating cash flow not good
At this price, very hard to get a holland result. Drop in profit from prop dev is expected. But this is a profitable business selling at less than liquidation value.
New IPO: Building management systems (BMS), solar thermal systems and energy-saving services provider, Solar District Cooling Bhd aims to list on the Ace Market!
MQ Trader 304 views | 2 d ago
0:17
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 11526 views | 10 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
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....
Highfive Bread
224 posts
Posted by Highfive Bread > 2018-08-03 00:15 | Report Abuse
Paying 1.20 to convert half the wa that was issued to him is like buying 178,288,582 mother share in the open market. Total wa issued was 356,577,165. We know more than half belongs to him. I am using half as an example. Pay 1.20 ringgit for something that is worth more than 2.00 ringgit to him,why not.Just imagine buying 10m shares every trading day for at least 18 days. What do you think will happen to the mother share price.Or buying 1mil.share per day for 178 days,i don't think OSK share price will remain fixed at 1.20 ringgit.