Go for the Agm. Ask intelligent question. Ask question that help u to identify the prospect & value of OSK. Ask question to find out why market is skeptical about OSK. Ask question to find out the hidden reserve of OSK Ask question to see management & business direction of OSK
OLH will cap the roof, he wont let it burst. Becareful, treasury stocks will give you odd lots and OLH is buying back your odd lots...haha, bonus issue is better..actually, OSK dividend is ok.
2013, it should be treasury stock buy back but OLH made an offer to buy back at 1.68. He is a bit not so dumb alrdy, winner and loser, who wants to be a loser?
AGM is close, OLH a bit scared to face the investors. Made $$ so much, north south east west... he and his family surround all directions direct and indirect to makan semua -to fill his feeding..
single tier dividend without withholding 25% tax is neat RM50 cash, holding is fine. Just dislike OLH's tactics, he thought 99.9% of the investors should obey to what he wanted...his games..treasury stock buyback-wasting $$$, paid less dividend in 2013, why? OLH: "You all deserved this, I INSTRUCTED YOU TO SELL TO ME AT 1.68, NOW IS WHAT YOU GET."
Attended 2012 and 2013 OSK AGM, going to attend this afternoon AGM, to see whether OLH and investors's relationship has improved tremendously...He is old alrdy, get a younger one to replace him, maybe..
Old man Ong said OSK is seeking new investments and could potentially raise RM1 billion due to its low gearing. This news might spark the share price tomorrow to break 52 week high 1.79
Does low gearing mean OLH can borrow more money? Is borrowing more money a good thing? After borrowing so much money, is OLH accumulating personal or his family wealth or for investsor's interest?
just to be fair .... KING LENO alredi CABUT for the second time alredi ... reach target alredi mar ... but anyway ... ALL THE BEST to all the OSK comrades .... king leno may miss u all ... and dun worri holding OSK ... because King LENO can always come in and save OSK if if drop again. Thank you OSK ... I LOVE U SO MUCH ... MUWAH ! MUWAH !
if OSK is cash rich, OLH must think to take on some projects but not to sit in the office on how to suck out shares [treasury stock buyback] from the free floating yah?! [personal interest and manipulating share price obviously] If OSK is cash rich, why borrow money to fund projects? Stupidkah? Privatiselah, lagi kaya!
I have been investing in share markets both in Malaysia and singapore for many years, attending countless AGM and EGM, so far no body would say " xx is low in gearing and afford to borrow money', what a joke!" -use YOUR money and pile up MY cash!
that's y OSK after so many years, cannot grow like PBB. olh mindset is very narrow and selfish, good $ is for him, u can only expect a just-nice div. his strategy is share the risk, keep the advantage within.
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lucky8888
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Posted by lucky8888 > 2014-04-08 14:10 | Report Abuse
ok...no prob..doll...wish u & us good luck...!!