i agree with the comments above but RHB pays out DV with DRP. so it can be a challenge cor OSK to commit the same DV to OSK holders and maintain their stake in RHB
Doesn't matter DRP or cash - collect RM169m and pay out RM127m means the rest of the business is not adding to dividends but serves as distractions. Deserves low valuation.
While everybody listening to "Wahud's Flute"....vested interest suddenly pump up price so that no-one dare to chase ( now everybody has to buy High to chase )
So Hong Leong Investment said 1.59 TP After discount here and there ( more realistic they said from RM2.44 ) Haiyaa, soh-jai HLI, RM 3.90 TP mah----30% discount from RHB market Price
RHB is Fully Value at RM6...........OSK is Value today at 1.15 which account for just RHB portion, another 50% is Free....Technically, OSK is value at RM3.50 or more. So upside is more than 100% compare to fully valued RHB share----Which share has higher potential for Cap. gain, ---you think?
Dumped all my maybank stocks and put into osk.. Sold maybank at 9.0 Got osk at 1.2o Lets see. My friend from maybank forum told me to do.. Lets see if he is right..
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....
EVEBITDA
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Posted by EVEBITDA > 2023-05-21 12:03 | Report Abuse
i agree with the comments above but RHB pays out DV with DRP. so it can be a challenge cor OSK to commit the same DV to OSK holders and maintain their stake in RHB