Data from Forbes....his net worth depends on OSK share price, if he wished to get richer then he better work harder take calculated risks....no way can take over OSK private
Today volume 1.2888million, just imagine the 3sen dividend in coming May 23 exdate May 3 in less than a month you get 3.1% and compound interests of x12 = 37%
RHB Capital Berhad - company remained after splitting to RHB Bank distributed 1.1sen dividend today. OSK as shareholder will receive additional around RM4million dividend from RHB Capital Berhad if not mistaken from the 10% RHB share.
Comparison: Last 1 year - OSK up 1.02% versus RHB up 14.18% Last 6 months- OSK up 5.32% versus RHB up 13.52% Last 3 months- OSK up 5.32% versus RHB up 7.58%
OSK at 0.99 market value of RM 2.064 B versus RHB at 5.96 market value of RM 23.9 B (OSK owned 10.13% of RHB with market value of RM2.42 B) with potential of 17.3% different from RHB share value itself.
Actually as some may aware, OSK will not continue trade below RM1 because for too long. First because it’s so much undervalued. Not many sellers are keen to trade at this points. Who’s care what OLH trying to play monkey game around. Waste his productive time as the volume will be very low. Second, as coming quarterly by end of May, how badly can OSK perform? The RHB seen to be uprising, and properties division expected to make money. OSK business will not lose money and can growth further. Thirdly, isn’t that OLH hope to see the share of OSK uprising again? He owned the most share and warrants that he will be first to benefit the most if the share is uprising to a normal level of fair value. Lastly, how about share buybacks? OSK accumulation of cash can actually buy back while the price still low.
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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....
chkhooju
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Posted by chkhooju > 2019-04-12 12:54 | Report Abuse
Hence, let us stand together, DON'T SELL TO HIM!