Posted by bluebiznet > 2015-06-19 15:25 | Report Abuse

i sold all avg. at 2.18 now will accumulate back the same amount. wait for the egm. if after egm OLH DELIBERATELY delays the exdate announcement again.. or DELIBERATELY prolong the exdate entitlement date to sept or oct.. then i will fking sell all again without hesitance... for sure.

Posted by r°Moi > 2015-06-19 15:57 | Report Abuse

O..... what is this called??? Opened a can of worms.......

Confession time?!

Posted by ImCK > 2015-06-19 16:32 | Report Abuse

sapu

Posted by Justin Ngo > 2015-06-20 15:33 | Report Abuse

C rhbcap. Drop till 7.11 only. This could b d reason why osk cant move further.

Posted by Abraham David > 2015-06-20 18:13 | Report Abuse

No idea what is in future for us. I shall attend EGM on 6/7/15 to decide what I should do.

Posted by hanting999 > 2015-06-21 11:43 | Report Abuse

As OSK will be listed as a property counter, price-wise the future of OSK (presently) is bleak.

Posted by r°Moi > 2015-06-21 17:47 | Report Abuse

OLH gaming everybody... ?? : )

Posted by bluebiznet > 2015-06-22 16:45 | Report Abuse

with more than 10pts up main index, come with free warrant and spc. div. ... yet still can see lot of sellers at rm 2.14

speculative stock indeed. how long the collection mode from syncate can last?

after egm? after distribution? or until end of this year regardless of those sweeties r distribute soon?

we r not OLH rival lah.. give us earn a bit lah :D

Posted by hanting999 > 2015-06-22 17:37 | Report Abuse

Frankly, how much do you expect the share price of a property counter to rise?

Posted by bluebiznet > 2015-06-22 17:44 | Report Abuse

hanting: i m looking for rm2.3 post-sweeties only mah T_T

Posted by bluebiznet > 2015-06-22 17:46 | Report Abuse

i m a long term investor i can wait. but now is different, i m a believer of sept oct global collapse, dollar collapse.

Posted by ImCK > 2015-06-22 20:41 | Report Abuse

believe in osk

Posted by hanting999 > 2015-06-22 21:23 | Report Abuse

------ but not in OLH.

Posted by lucky8888 > 2015-06-30 16:10 | Report Abuse

cepat beli....boss mau push sudah!!!

Posted by hanting999 > 2015-06-30 16:43 | Report Abuse

apa macam lu tahu??? Boss sudah control semua company.

Posted by Wong Kah Wei > 2015-06-30 18:38 | Report Abuse

Boss osk byk tua lah. No power to push liao lah.

Posted by funitec > 2015-07-01 01:28 | Report Abuse

OSK eat all. now FATT FATT. haa hhaaa.Wait lah for it to digest then only the gas come to FATTT.

Posted by bluebiznet > 2015-07-01 11:01 | Report Abuse

market up 30 osk also no response. ex investment banker company indeed.

Posted by bluebiznet > 2015-07-01 11:03 | Report Abuse

ask olh faster retire and blogging or write a book title "the art of manipulating".. sure best selling

Posted by ImCK > 2015-07-01 17:34 | Report Abuse

so easy let you guys earn money it wont call invesment banker lol
patient is money

Posted by kai8994 > 2015-07-02 12:08 | Report Abuse

Just gone through the Independent Advice Letter by Kenanga, this is definitely a one sided deal that beneficial to OSK at the expense of OSKProp and PJDev (sorry to the shareholders).

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4771133
It's a 887 pages circular, but the juice is at page 146 - Financial Effects of the Proposals

Consolidated NA post proposal - minimum RM2.64 (before dilution due to exercise of warrant)
Consolidated EPS post proposal - mimimum 33c (before dilution due to exercise of warrant)

Bear in mind Kenanga use FYE2014 figure in this evaluation. We all know how well PJD n OSKProp had performed so far in FYE2015 and expected to continue do well.

Not to forget there is 15c special dividend (7% yield at current price) will be first in the pocket.

But then again, why nobody notice this?

Posted by Gheekong > 2015-07-02 12:24 | Report Abuse

Because the offer is too good and nobody can believe it. Everyone think mr ong will lose big time. Mr. Ong wants to control Osk because of the near 10% holding of Rhb. He is thinking ahead of everyone,he knows Rhb will be merged with another bank in the future.
Good of him to give shareholders something now as most have been waiting since Osk investment

Posted by Gheekong > 2015-07-02 12:25 | Report Abuse

bank had been sold.

Posted by Gheekong > 2015-07-02 12:34 | Report Abuse

Exercise price of warrant is 2 ringgit. Since warrant is free,I will keep it for six to twelve months.

Posted by almaine > 2015-07-02 12:34 | Report Abuse

can buy now?

Posted by Gheekong > 2015-07-02 12:46 | Report Abuse

Can if you can hold for 6 to 12 months. Ong's bonus is the bigger share he gets in Osk holding and Rhb Bank. He is not Santa doing this for nothing.

Posted by Gheekong > 2015-07-02 13:12 | Report Abuse

Commented in this forum on 12th and 18th October,2014 about mr ong intentions and how much he stands to gain on this. It is about 250mil. back in October last year. Less now as Rhb share price has come down but maybe more in the future because of potential merger. Mr. Ong has all the information otherwise he wouldn't have taken the risk and handed to you Osk prop and Pjd at a discount.

Posted by Gheekong > 2015-07-02 13:32 | Report Abuse

Osk holding share price will trade higher than 2.05-2.10 reasons being eps increase from 21.29 to minimum of 33 cents,better future prospects from being a bigger company and better dividend from Rhb Bank

Posted by kai8994 > 2015-07-02 14:42 | Report Abuse

Yea if market is reasonable OSK should worth a lot more than 2.10. If valued at PE of 8 TP is 2.60 at least (EPS will be slightly higher than 33c by now as both OSKProp and PJD reported even better profit, and also provided RHB did not underperform). Interesting indeed.

Posted by Gheekong > 2015-07-02 14:47 | Report Abuse

Osk holding share price will move north AFTER mr ong has gained 55% control of Osk holding. If all Osk property and Pjd minority shareholders were to convert into Osk holding,mr ong will control just under 50% of Osk holding. He doesn't want this to happen that is why the 2 companies are offered at a discount. Mr. Ong will again increased his holding in Osk when he exercises his warrants in the future. He told you he is putting his coffin money into this company. Guarantee like this I want. Don't forget he is paying himself the 15 cents sp.divi. too.

Posted by kai8994 > 2015-07-02 14:47 | Report Abuse

Hopefully it turns out as what you forecast, let's ride ;D

Posted by Gheekong > 2015-07-02 15:01 | Report Abuse

Hng33,I think you are correct. He will offer for the rest of the minority shareholders later after he has control of Osk holding and when the share price of Osk has increased significantly.

Posted by Gheekong > 2015-07-02 15:22 | Report Abuse

Hng33, most investors have the misconception that ong will lose out on this. I shall definitely keep the free warrant and wait for Rhb to be sold or merged with another bank.

Posted by Wong Kah Wei > 2015-07-02 16:00 | Report Abuse

aiyoo.....old man push car.：p

Posted by Gheekong > 2015-07-02 16:02 | Report Abuse

Correct hng33, as Osk share price will go up sooner and faster than both the other 2 companies. Otherwise minority of the 2 companies have to wait till next year for their share prices to go up. End result will be the same but have to wait. So why wait?

Posted by Gheekong > 2015-07-02 16:34 | Report Abuse

The jewel in the crown for mr ong is the extra 13% from Osk near 10% of Rhb and he gets to control Osk. He will not lose out on Osk prop but he will lose out on Pjd but this is compensated by the gain from the extra 13%, resulting in a net gain of around 200 to 250 millions. Of the 3 companies,Mr. Ong has the least holding in Pjd compared with Osk prop and Osk holding therefore the lose is the least.

Posted by hanting999 > 2015-07-02 18:10 | Report Abuse

I thank Mr. hng33, Mr. Gheekong and Mr. kai8994 for all the analysis of the future performance of OSKH once everything is put in place and also (and this is interesting) the mindset and thinking of an experienced investment banker. For all what it is worth, I would have thought that what that investment banker did, is doing or will be doing, all that he plans are for the good of his interests only.
I may praise Tan Sri Ong for how he grew OSKH to be a force within the ASEAN region, BUT he never rewarded OSKH shareholders well. Look back and reflect. Even when he sold off OSKIB to RHBC what did the shareholders get. AND WE EXPECT OSKH TO RISE. NO WAY.
Look at the share price of OSKH right now; if it wants to go up, it would had gone up. But what do we see? UP and then DOWN.

Posted by kai8994 > 2015-07-02 22:56 | Report Abuse

Conclusion, as what hng33 commented, seize the opportunity now and ride on OSK first (no reason for minority shareholder to vote against the deal on Monday), then bet on PJD (no way other shareholders will agree to sell it so cheap) when near September.

Exciting time ahead :D

Posted by Gheekong > 2015-07-03 01:09 | Report Abuse

Only reason Osk share price has been kept down is because ong doesn't want minority shareholders of the 2 companies to convert. If they all convert he will control just less than 50%. That is why I said only AFTER ong has gained 55% of Osk, only then ong will push the price up as he can then use the higher Osk share price to exchange for the rest of Osk prop and Pjd.
Hanting999, had it not for 1MDB the merger would have gone through,that is why Cimb Nazir is so pissed off. The share price of Osk would be trading around 2.80 now had the merger been successful.

Posted by Stringann Tan > 2015-07-03 09:43 | Report Abuse

today added more , is last day before egm

Posted by SinGor > 2015-07-03 09:50 | Report Abuse

wow. Hng33 is here. HaHa

Posted by hanting999 > 2015-07-03 10:13 | Report Abuse

the news this morning is a bolt from the blue. will OSK rise, i wonder?

Posted by Boss88888 > 2015-07-03 10:26 | Report Abuse

goreng time!!

Posted by kai8994 > 2015-07-03 10:45 | Report Abuse

To add feather on the cap, OSKProp is listed as one of the Forbes Asia's Best recently.

http://www.forbes.com/companies/osk-property/

Posted by SinGor > 2015-07-03 11:09 | Report Abuse

Hi, hanting999 still complaint. Never mind price will go up. All 2.13 / 2.14 /2.15/2.16 price are
gone. I am very happy if you throw some out

Posted by r°Moi > 2015-07-03 11:43 | Report Abuse

Looks like there is no fear and confusion... no risk of voting wrongly here... : )

Posted by ImCK > 2015-07-03 12:04 | Report Abuse

yes baby osk kicks lai liao

Posted by SinGor > 2015-07-03 15:40 | Report Abuse

HaHa. hng33 the specialist in short term play.

Posted by cutedragon > 2015-07-03 15:42 | Report Abuse

hit at 2.20

Posted by sephiroth > 2015-07-03 15:46 | Report Abuse

break 2.21 baru bullish, say 4.15 pm