Melbourne project seem to be Less affected by Covid. More stable than Malaysia property market which i think will be badly affected by Indian Variant. Buy only fully built Houses, i know many developers are close to disappear in Mid-Air
what is the rule for interest party to take this public company private? 80% or 90% majority vote or what? And what happen to the small shareholders that do not agree with the offer price and does not want to sell to the party?
Those sold earlier (~1.00) may find opportunity to buy back now .... i think many veteran know the "character" of this stock. Those new comers that found this gem recently, may realize the experience that the veteran went through 2yrs, 3yrs, 5yrs, 10yrs .... ago :-)
OLH and parties align to him may have already controlled over 70% . No one can shake him. He will keep osk share price low for a prolonged period of time to frustrate minorities.
Almost all share now, its price is weak mah....not only OSK mah!
Investing in OSK strategy now, is either long term investment bcos of undervalue with margin of safety or investing based on principle of OLH will eventually monetize RHB loh!
Posted by Johnzhang > May 23, 2021 7:51 AM | Report Abuse
OLH and parties align to him may have already controlled over 70% . No one can shake him. He will keep osk share price low for a prolonged period of time to frustrate minorities.
very low liquidity of less than 0.01% share traded,.... 9.8% institutional owned + 28.5% general public so much unwilling to sell to such a low offering by insiders most like manipulating
Surprisingly that so far the boards didn't intend to buy back the stocks at such a price as it is like equal to FOC of the value to the companies. what the purpose of the buy back program as been approved by shareholders?
mr. ong always keep the valuation excellent (from every angle), so that investors can find gem and cheerful ..... mr. ong is a very kind and generous person, always provide opportunity for investors !!
OLH will ultimately keep osk price at 84 sen. 84 is ‘Fatt Xi’. (In Cantonese) ’ which means super prosperity. It’s super prosperity for him only , not for minorities.
I quite sure OLH will divest RHB when its price Hit 7.25 ( most likely next year or so.) and used the proceed to Buy a Digital Bank ( become CEO). Both OLH and Sister are training Directors in RHB for more than a Year now
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Posted by Wong Kah Wei > 2021-05-03 18:38 | Report Abuse
没有!