aiya rhb already up so much mah, osk still sticking the head in the hole meh?, 15(sp) sen + 5(final) sen dividend plus free 1 warrant for every 4 share , the mkt really dumb ass one
I look back how OSKP's run in 2014 before Ah Huat final annoucement, in 6 month(collection period) oskP price gained 55cents And last one month oskP gained 80 cents. Are we seeing the same OSKH's run in 2015???
it will be above RM2.10 for sure, otherwise shareholders of OSKP and PJD will opt for cash in the GO + MGO .. I am sure they would rather issue OSK shares when paying hard cash.
Mr. Ooi, thank you for pointing out that in ALL cases of taking private a listed company 'vampire teeth' start to grow out. We just have to look around.
Rhbcap now 8.30, osk hold 0.25rhbcap. Do the calculation. Add some valuable land. Add now oskprop pjdev shr it is buying. Definitely a winner above rm3 soon lah.
Conversion of OSK to PJDev is 5 : 4. If OSK is 3.00, PJDev is 2.40. PJDev-WC is 1.40. The PJDev-WC is only 0.565 today, the potential gain is 247%. All minority shareholder of PJDev-WC will be damn rich. Hope this CNY ang pow for us.
I'm one of the subscriber of Mr. Ooi Teik Bee who suffer great loss in PJD-WC, believe his TA and FA that price would shoot up when OLH merges OSKH and PJD.
OLH (thru' OSK), through reasons of their own priced OSK at RM2 when the multiple proposals were made. Quite coincidentally days before the multiple proposals were announced, also through reasons unknown, the prices of OSKP and PJD were brought down - by whom? Many of us lost further days after the proposals. Now, looking at the movement of the shares, I would postulate that the proposals were passed. How much then would OSK rise before the proposals are put to a vote? RM3 - Fat Hopes; RM 2.50 - sweet dreams; RM2.15 - most likely. We (or rather, our blood) have been sucked.
I expect OSK can reach RM2.50, no problem. PJDEV like tht shld be RM2.
PJDEV-WC shld be RM1 at least. so? Buy lah, wait what? It is attractive for this warrant, just like Mahsing-WB also, great leverage. Once Mahsing above RM2.40, WB will explode
when osk makan olh n gang's pjd/oskp shares at such low price 1.60/2.00, osk shareholders will benefit tremendously loh, osk can also equity account their profits
Dear Mr Ooi, If OSKH hit RM3, It will benefit you Or Not? If you don't convert, what will happen to your shares prices? I don't know much about this b'cos I just hold OskH shares. It is friday so I have time to read your complaints. Please explain clearly what will happen if you Don't convert. B'cos you already mention you will make Good monies IF you convert
Market is very efficient, if OSK is 3.00, PJDev will be 2.40. Is OSK management wants PJDev shareholder to convert to OSK shares ? The answer is yes. Make it attractive for minority shareholder to convert. If win-win situation, most people will convert. At 1.60, most people will not convert. Revise the offer price up or push up OSK share price up to 3.00, most people will convert. I will convert if I can make money, I have no love for any stock. Thank you.
Thank you Mr Ooi, Now I am very Clear. RM3 is the magic Word. Ah Huat did'nt buy 73.6% OskP And 31.7% PJD on LUNCH money. He borrowed and pledged to Banks And pay interest too. How can he recoup all these monies? As a veteran Stockbroker Ah Huat knows how to make Ends meet. He plans and plays the market very well.
Ooi is absolutely right about OSK price .. It's the key to entice PJD and OSKP shareholders to buy into the proposal. Anyone wouldn't want to take out hard cash to pay for the GO + MGO , pay with share is a less painful route.
Previously, I thought the failure of CIMB/RHB/MBSB merger may push PJD prices back up, but that obviously did not happen. Do you foresee any other potential catalyst that may push it up or hold it down?
Mr Ooi---I didn't pluck RM3 from thin Air. OskH NTA is close to RM2.85 by sept 2015 And with Asset injection from OskP and PJD, RM3 is a understatement. You need hundred of millions to support OskH price if it is NOT back up by fundamentals. Therefore, rally will be slow b'cos Ah Huat knows Day traders will cash-in and price will not hold before any annoucement
Dear SinGor, I also did not plug any figure from the sky of PJDev. Please tell him to offer a better price.
Below are the statistic of PJDev : PER = 3.1 (=5.18 after adjustment of asset disposal) NTA = 2.59 Price/Book Value = 0.59 EV/EBIT = 4.36 ROE = 11.4% Net Profit Margin = 11.28% Asset Turnover = 0.69 Financial Leverage = 1.47
All these number passed my stock selection criteria. What more you want ? Offer at 1.60 ? Must be a big joke. Thank you.
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Posted by SinGor > 2015-01-30 16:05 | Report Abuse
Hope to close @ 2.00 today