Two cents to OLH, don’t fight with your shareholders, work together and win-win. The stock can only raise with the trust from shareholders. Rather that regret one day that accumulated money that’s cannot get any trusts from other in your life.
Where did OLH 32mil went to?----Very sure Not to EPF---my source said cannot to one Big Co but maybe to a few individuals / small Co.----As far as i know OLH never Sell his personal shares. Prepare for un-known, better grab a stick first.
The last time OSK excised shares buybacks was in 2016. Share buybacks/treasury shares with company as at end of 2018 is 18.1 millions share purchased at average cost of RM 1.67 (purchased at Lowest RM0.9 to highest RM2.82) .
routine operation OLH after ex share price will drop more than dividen given so he give 3cents dividen for share holder but he get more than 6cents from market.OLH really is a big ass hole
As at 31 December 2018, the Group has 1,734 acres of land bank with an estimated GDV of RM11.3 billion in Klang Valley, Sungai Petani in Kedah, Butterworth in Penang, Kuantan in Pahang, Seremban in Negeri Sembilan including a GDV of RM2.3 billion in Melbourne, Australia for OSK’s stake.
10.13% in RHB in 2018 generated a cash inflow to the Group through dividends amounting to RM71.1 million (FY2017: RM48.7 million) and accounted for share of profit of RM215.1 million (FY2017: RM178.2 million). Expect to growth further in 2019.
Definitely make sense for OSK to re-initiate the share buybacks again since the stock price is undervalued at the moment. The last bought back only in 2016, treasury shares that bought previously with average buy back cost of RM1.67 compared now on RM 0.92.
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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....
Muthuarum
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Posted by Muthuarum > 2019-05-06 19:18 | Report Abuse
Two cents to OLH, don’t fight with your shareholders, work together and win-win. The stock can only raise with the trust from shareholders. Rather that regret one day that accumulated money that’s cannot get any trusts from other in your life.