Only SC is blocking the passage--not any major obstacle ( like in Cimb/Rhb deal). Complete freedom of choice--convert or not convert up to you. Unlike previously where OLH tries to take OskH private--he offer peanuts so I give him a "monkey" vote
Yup!!! All so confident that OSK will fly. Of late, OSK rises in the morning (giving hope); but falls in the afternoon (giving despair). The problem: WHY THE VERY SLOW APPROVALS? If it is a simple matter of "related party transaction" or "willing buyer-willing seller", why after more than three months no decisions come from the powers that be. To the investors, time is the essence. Many deals fail because of time factor. There is more that meets the eye. I don't believe that the powers that be are slow; they have to be fair and reasonable to ALL.
Notice of AGM--1) Make sure OLH is reappointed 2) Mandate to BUY-BACK 78 million shares Proposal Acquistions is listed in Material Contracts ( not approved by SC yet--Need EGM) Buy back 78 m shares---my vote
If tommorrow vol still high and price still raising, it will attract alot day traders which is very good because price will surge forward. Now the price is controlled by One buyer
good news is out since last year. The same case PJD and OSKP merge. I guess many share holders had received the booklet about the upcoming AGM, 5 sen div and they did mentioned about OSKP and PJD if u read in details and possible 15 cents special dividend and free warrant. With all these freebies included (assuming merge success, which is 90% as of now), OSK should worth at least rm3.
The share price shoot up is just a matter of time. I have been saying this when it still stuck around 2.05 and of course me myself had accumulated too. Time will tell whether my decision is right or wrong.
Nobody dares to mess around OskH prices unless OLH explicitly agree to. Bcos he got 18m shares ( Rm 1 par) in treasury that can Kill any syndicate. The good thing now, he keeping a blind eye on current rally ( make some money & leaves) Then next one will come along to keep the party going. Big money belong to Ah Huat and nobody else--remember
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SinGor
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Posted by SinGor > 2015-03-24 17:57 | Report Abuse
Only SC is blocking the passage--not any major obstacle ( like in Cimb/Rhb deal). Complete
freedom of choice--convert or not convert up to you. Unlike previously where OLH tries
to take OskH private--he offer peanuts so I give him a "monkey" vote