Posted by jpleow > 2012-08-10 09:15 | Report Abuse

Most of the minority shareholders already gave a thumbs down by voting with their feet :). Those who have not done so should vote against the EGM!

Posted by Mat Cendana > 2012-08-10 12:04 | Report Abuse

But one good thing arising from the 24 August EGM - it has renewed interest in OSK:-) Now, if only OLH would hint about something - ANYTHING - there will be an upswing. It will give those who want to leave an opportunity to do so.

Posted by victor168 > 2012-08-10 12:07 | Report Abuse

start moving...any good news ?

Posted by Mat Cendana > 2012-08-13 00:09 | Report Abuse

People are anticipating OLH might announce something before the EGM on 24 Aug. A hint of what his future plans are with those RHB Capital shares and cash will be appreciated by shareholders. Going to sleep now and hope tomorrow will be the continuation of an upswing for OSK.

Posted by nahcee > 2012-08-13 10:13 | Report Abuse

still consolidated now.

Posted by Mat Cendana > 2012-08-16 12:51 | Report Abuse

Ah, now it is starting to move. Steady, steady... This will give the opportunity for those who want to leave (and making some profit in the process) and also to those who want to come in and bet that OLH will take OSK Holdings to new heights with its RHB Capital shares. A win-win situation for all.

Posted by nahcee > 2012-08-16 14:19 | Report Abuse

how long it can go ? can break 1.55 barrier ? Wait for opportunity to jump ship.

Posted by Mat Cendana > 2012-08-16 14:58 | Report Abuse

The 1.55 barrier - it's more than likely. However, it will depend on what OLH announces about OSK's future plans. For everyone's sake, I hope he does that real soon. Have to consider what might happen at the Aug 24 EGM - how will the market react should OSK not get enough votes to approve the sale? "Negatively" is more likely than positively, and I don't want to be holding OSK shares should that happen.

Posted by nahcee > 2012-08-16 15:50 | Report Abuse

Seems somebody is pushing up now. No retail buyer, only big fish eating.

Posted by Mat Cendana > 2012-08-16 16:03 | Report Abuse

The transaction at 15:44:41 does point to a big fish. But I'd say there is significant retail buying too. Tomorrow - the last session before the Raya break will be interesting.

Posted by nahcee > 2012-08-24 16:35 | Report Abuse

heading to south now.Party is over ?

Posted by victor168 > 2012-08-24 17:12 | Report Abuse

The Board of Directors of OSKH wishes to announce that the resolution as per the Notice of Extraordinary General Meeting ("EGM") dated 9 August 2012 was duly passed at the EGM of the Company by the shareholders.

Posted by Mat Cendana > 2012-09-03 17:27 | Report Abuse

Added 6 sen today. I'm out though - had taken the opportunity to jump ship when it went to 1.55 two weeks ago. But best of luck to OSK shareholders. Your patience with the sale to RHB might be rewarded in the near future.

Posted by nahcee > 2012-09-11 11:50 | Report Abuse

KLSE winter is coming.

Posted by North Flyer > 2012-09-11 22:00 | Report Abuse

Syndicates are trying to leak the price to lower level hoping small fishes to jettison ship and then they come in to reap volume at low price. OSK might be waiting for the Budget announcement before making any announcement of their plan...So, bottom-line is that, like Mat Cendana put it: Your patience with the sale to RHB might be rewarded in the near future....expect the syndicates to leak the price to below the psychological support level at 1.35

Posted by victor168 > 2012-09-12 09:07 | Report Abuse

TP = RM1.70

Posted by hema > 2012-10-24 09:17 | Report Abuse

so far this is my most disappointing counter...trusted remisier from OSK! Anyway, lesson learned.

Posted by olehlehshare > 2012-10-24 22:02 | Report Abuse

I also kena, the remisier said will go up until RM 2. Mana Tahu...

Posted by dknycom > 2012-10-24 22:05 | Report Abuse

YOU SUDAH KENA TIPU SAMPAI HOLLAND LAH!!!

Posted by Taugeh > 2012-10-24 22:15 | Report Abuse

OSK (Omong sering Kosong)...haha

Posted by Fat Cat Tim Buddy > 2012-10-24 22:16 | Report Abuse

i feel like stock market is so dark, either you eat people, or people eat you.

bursa basically is a pool full of shark, astro maxis boss is the most sneaky 1, YTL is second, cimb rhbcap hleong all big big shark, most small cap is not trust-able, only few companies worth holding for.

Posted by Taugeh > 2012-10-24 22:23 | Report Abuse

what are the companies worth holding?

Posted by Fat Cat Tim Buddy > 2012-10-24 23:08 | Report Abuse

gab or carlsberg is risky, dlady is risky too, public bank is risky, risky due to uncertainty.

all plantation company is risky due to unstable.

reits have some risk too, property bust = reits bust

among all, i would say nestle is the best among all for long term holding.

Posted by talk2pkc > 2012-10-24 23:13 | Report Abuse

Totally useless n worst than AK, where is all CASH that RHB paid ????????

Posted by tigerroar > 2012-10-25 09:47 | Report Abuse

waited for months... moving slow.

Posted by Dan Iel > 2012-10-30 17:17 | Report Abuse

looks like coming

Posted by tigerroar > 2012-10-31 09:14 | Report Abuse

doubt so...

Posted by iafx > 2012-11-02 09:26 | Report Abuse

Check this out: http://www.thedeal.com/magazine/ID/050259/rizal-asset-sale-underscores-p.php

Apparently, OSK is part of a consortium; just got an asset deal done with the 7th largest bank in pH. This deal is worth over 100m.

Not sure why this was not announced ... wonder anything to do with "new core business"? Current OSK price is unbelievably low given its outlook, maybe because of stingy div and lacks of transparency, but indeed a company with very deep pocket.

Posted by hema > 2012-11-05 15:41 | Report Abuse

biggest lesson i learnt is never to trust your remiser when they promoter their own company...it is just a script that they hv been forced to....i was innocent then :(

Posted by iafx > 2012-11-05 16:00 | Report Abuse

Here's the formal announcement: http://www.pse.com.ph/resource/disclosures/2012/pdf/dc2012-7825_RCB.pdf

See RCB market announcement for more information.

The 6-months merger CSPA date coming soon.

Posted by iafx > 2012-11-10 14:23 | Report Abuse

OSK HOLDINGS BERHAD ("OSKH" OR "THE COMPANY")
- PROPOSED SECOND INTERIM DIVIDEND

The Board of Directors of OSKH had resolved to declare a second interim dividend of 5.0 sen per ordinary share less 25% income tax for the financial year ending 31 December 2012.

The date of entitlement and date of payment in respect of the aforesaid proposed second interim dividend will be determined and announced in due course.

This announcement is dated 9 November 2012.

Posted by Dan Iel > 2012-11-10 14:37 | Report Abuse

see isnt it coming

Posted by tonylim > 2012-11-10 15:12 | Report Abuse

As a former junior executive and colleague to the chinaman (you know who) in another company, he cannot be trusted at all la.

Posted by tonylim > 2012-11-10 15:15 | Report Abuse

I must add that I respect him for what he has achieved today

Posted by iafx > 2012-11-21 20:56 | Report Abuse

More good news on the way, your view on this counter?

Posted by NRobert > 2012-11-23 23:56 | Report Abuse

Look more like a very sick counter!

Posted by Kent Lee > 2012-12-24 13:34 | Report Abuse

stupid counter... conned many retailers...

Posted by sotsot1986 > 2012-12-27 21:41 | Report Abuse

OSK own 9.89% of RHBCap = 245.0 million share with the price 7.36
If RHBCap closed at 7.60, does it means OSK had unrealised book value gain 0.24 sen with 245.0 million share?

Posted by sephiroth > 2012-12-27 22:51 | Report Abuse

OSK 9.89% shares in RHBCAP is worth more than RM1.8 billion PLUS more than RM200million cash received from RHB PLUS the remaining 3 business(Kezan Holdings, OSK Capital & OSK Realty) is easily worth more than RM2 billion(cash, rhb shares, remaining 3 company) or RM2.06 per share. This counter is deeply undervalue with the current market capitalisation of RM1.44 billion

Posted by iafx > 2012-12-30 11:12 | Report Abuse

had quietly up 10c since 2nd interim div ... sp div real?

Posted by sephiroth > 2013-01-03 11:52 | Report Abuse

At RM7.79, OSK's 245 million RHB shares alone is worth RM1.908 billion or RM1.97 per share much more than the current share price of RM1.49. Sp div is only a matter of time(maybe 2Q13). Patience awill yield great return.

Posted by sotsot1986 > 2013-01-04 07:28 | Report Abuse

Unless OSK disposal all the RHB share, if not they are not enough cash flow to declared sp div at this junction. RHB had dividend reinvestment plan, if OSK choose to take the cash, their share holding will be diluted. I guess MR Ong is not willing to take the cash from RHB dividend.

Posted by iafx > 2013-01-04 08:48 | Report Abuse

if so how osk able to pay last 5c second interim div? sp div not likely to depend on rhb

Posted by sotsot1986 > 2013-01-04 19:13 | Report Abuse

The 5c dividend is from the disposal proceeds. Total 174.3million in cash had received from disposal of its investment bank. 5c dividend is about 48million had paid out. You may expected more to be paid.

Posted by sephiroth > 2013-01-11 16:23 | Report Abuse

merger completed on mid Nov, osk can equity account 9.8% of rhb quarterly profit of RM400 million plus for 1.5 month for 4th qtr result or at least RM25 million

Posted by iafx > 2013-01-11 16:48 | Report Abuse

when osk paid the second div, oskib profit 3 qtrs still accounted for, therefore the proceeding may not been used yet. anyway, there's finally div on its way, that's for sure.

Posted by sephiroth > 2013-01-15 10:24 | Report Abuse

osk always go down even when rhbcap reaches 7.91, very frustrating

Posted by iafx > 2013-01-15 10:30 | Report Abuse

sell osk, buy rhbcap!

Posted by sotsot1986 > 2013-01-16 18:59 | Report Abuse

should sell RHB to buy OSK, OSK value is cheaper

Posted by NRobert > 2013-01-31 22:17 | Report Abuse

OSK is all hot air. Very frustrating.