OSK HOLDINGS BHD

KLSE (MYR): OSK (5053)

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Last Price

1.58

Today's Change

+0.01 (0.64%)

Day's Change

1.57 - 1.59

Trading Volume

162,700


13 people like this.

7,517 comment(s). Last comment by SinGor 2 weeks ago

SinGor

4,925 posts

Posted by SinGor > 2015-07-21 09:15 | Report Abuse

Don't believe it--OLH is also doing Cha-Cha. Send in Sellers-HaHa.

hng33

20,510 posts

Posted by hng33 > 2015-07-21 09:34 | Report Abuse

Ong is now have NOT direct stake in OSKP and PJD. Ong is only have direct stake in OSK, now control 55% stake, and Ong is only through these OSK, control 73.6% in OSKp and 31.7% in PJD.

Ong is savvy investor, he control timing and is market maker for its own OSK.

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-07-21 10:54 | Report Abuse

it may a trap which they wanted to buy at lowest price after push down to 1.8x!!!! but the way i believe if we insist to hold longer a bit and no emotional, we may get back our capital in osk....pray for it!!!

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-07-21 10:57 | Report Abuse

from my view on osk, i think they will push up the price to 2.20+ when they are ready to give us warrant and attract investor to buy on warrant!!!

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-07-21 10:58 | Report Abuse

im mean the mother of OSK will come up 2.20++ before pay out warrant!!! will it get through??? nobody know!!!!

hng33

20,510 posts

Posted by hng33 > 2015-07-21 11:09 | Report Abuse

While waiting for OSK to rebound (timing depend on Ong tactical, strategical motive), lets OSK shareholder have a good feel with OSK newly own OSKP (73.6% stake), its first and flagship mall: awarded as the Best Retail Interior in Asia Pacific Property Awards 2015: Atria Shopping Gallery Mall.

These newly open mall ONLY carry in book value for merely RM 4.5m (when atria is under construction), but will soon re-book in at market value to accord to market value, a massive potential 100x higher or at least RM 450m later.

http://www.venusbuzz.com/archives/76447/first-look-atria-shopping-gallery/

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-07-21 11:16 | Report Abuse

i believe that now OSK is the most cheaper price.... due to the quarterly report on osk, tp for osk should be 4.00++!!! but the price still maintain around 2.00!!

r°Moi

5,802 posts

Posted by r°Moi > 2015-07-21 11:19 | Report Abuse

merely RM 4.5m.... sure or not so low?? What value is this??

Construction cost leh... how much?

when completed final cost is how much??

hng33

20,510 posts

Posted by hng33 > 2015-07-21 11:24 | Report Abuse

OSKP need to rebook back Atria Gallery Mall to accord market value from carry value for just RM 4.5m, as these mall is already open and in full operation. Based on OSKP share volume of just 240m, the revalue surplus from Atria Gallery Mall could surge OSKP earning and NTA to as much as additional RM 2/share on top of its exiting NTA RM 2.22.......mean OSKP NTA is potential surge double to RM 4.22/share. Therefore, it is urgency for Ong and OSK to take over OSKP now before these catalyst kickin in next financial result

stockraider

31,556 posts

Posted by stockraider > 2015-07-21 11:24 | Report Abuse

OSKP is bought at a discount....it will be beneficial to OSKH.
By holding OSKH low....OLH is forcing the minority either to accept cash....or declining the offer loh....!!

If settlement of the takeover is in cash....there is even more value for OSKH shareholders.....bcos OSKH NTA is RM 2.70.

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-07-21 11:25 | Report Abuse

what we can do right now is just watch and wait or accumulate at this lowest price after OLH settle combination within this period of 2-3 month right?

r°Moi

5,802 posts

Posted by r°Moi > 2015-07-21 11:28 | Report Abuse

merely RM 4.5m.... sure or not so low?? What value is this??

Construction cost leh... how much?

r°Moi

5,802 posts

Posted by r°Moi > 2015-07-21 11:31 | Report Abuse

If indeed 2.00 is to be added to OSKP now... would OLH sold his holding in OSKP in the first place??

r°Moi

5,802 posts

Posted by r°Moi > 2015-07-21 11:34 | Report Abuse

Remember... lots have said he is injecting into OSK to have control of OSK... if OSKP value is more he would have controlled more of OSK............... no?

hng33

20,510 posts

Posted by hng33 > 2015-07-21 11:34 | Report Abuse

Go and read OSKP annual report, under properties list, page 151, state VERY CLEARLY, the land in which Atria Gallery mall mall is located now, 5.47 acres in SS22, Damasara Jaya, is carry at RM 4.5m in OSKP book value.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4388189

r°Moi

5,802 posts

Posted by r°Moi > 2015-07-21 11:36 | Report Abuse

Building cost??

hng33

20,510 posts

Posted by hng33 > 2015-07-21 11:43 | Report Abuse

Ha ha

Building cost?? it is FREE

OSKP acquire these old Atria for RM 75m in 2007, demolish it for cost RM 50m, and award building of new Atria Gallery mall cum 392 SOFO to Beijing Urban Construction group for RM 230m.

But, OSKP is selling SOFO at RM 1100 psft and sold out it within 7 hour, pocketing GDV more than RM 350m. Therefore, OSKP is essentially sold SOFO alone to cover all building cost for entire development, getting these Atria Gallery mall for 'FREE'

stockraider

31,556 posts

Posted by stockraider > 2015-07-21 11:45 | Report Abuse

No need to be so detail...just based on the land itself....it is already undervalue mah....!!

Anyhow OSKP is bought at a big discount to its assets value loh...!!

Longterm OSKH....okloh.....!!

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-21 11:47 | Report Abuse

PJDEV better I think.

stockraider

31,556 posts

Posted by stockraider > 2015-07-21 11:50 | Report Abuse

Based on pure assets PJD...offer better discount loh....!!
But u want to invest in a big company...with stronger base OSKH loh..!

stockraider

31,556 posts

Posted by stockraider > 2015-07-21 11:51 | Report Abuse

PJD & OSKP pure property play....if u hold OSKH...it cover more...inclusive of banking loh....!!

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-21 11:55 | Report Abuse

no raider bro. OSKH transforming as Holding Company like BJCORP, PMCORP. So have to assume 20-30% discount for holding company loh. So PJDEV better loh.

Its banking? As good as no loh. Receive Div only. and OSKH not giving us back every year loh. Take to spend on other useless things only as I see..........

SinGor

4,925 posts

Posted by SinGor > 2015-07-21 11:59 | Report Abuse

moi. We don't know the actual OLH's stake in OskH. Officially now is 55% but it could be more
in the hands of PAC which cannot be disclosed. Therefore injecting a heavily discounted
asset in OskH can only be one reason--to increase OsKH Share Value after injection.
I have check Atria Mall value with Real estate agent after it was disclosed by OskP shareholders
many months ago. Buy OskH as OLH said in AGM bcoz it is HIS family biz.

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-21 11:59 | Report Abuse

tot cable is PJDEV biz.....

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-21 12:00 | Report Abuse

SinGor, it is his family biz, so why bother other's biz? Right?

Up_down

4,346 posts

Posted by Up_down > 2015-07-21 12:07 | Report Abuse

OLH would shake out punters and weak holders so that he can collect the shares and warrants at cheaper price before heading north. I am waiting him to squeeze the price lower than 1.8.

SinGor

4,925 posts

Posted by SinGor > 2015-07-21 12:07 | Report Abuse

I think PJD shareholders are safe for now if everybody refuse to sell ( OLH is having problem
getting 90% stake in OsKP )

hng33

20,510 posts

Posted by hng33 > 2015-07-21 12:11 | Report Abuse

OSK now derive diversifying earning

1. Financial: 40%
(to be contribute by its 10% stake in RHB)

2. Property development: 40%
(to be contribute by its 73.6% subsidiary OSKP + 31.7% associate PJD)

3. Others: 20%
Drive from Swiss Hotel, building material, Cable(to be contribute by its 31.7% associate PJD) + Atria shopping mall (to be contribute by by its 73.6% OSKP)

hng33

20,510 posts

Posted by hng33 > 2015-07-21 12:23 | Report Abuse

Ha ha, time will tell whether OSK is snake or dragon awaiting to sky fly

SinGor

4,925 posts

Posted by SinGor > 2015-07-21 12:24 | Report Abuse

Should we call GMT to check OskP financial statement????

Lucas Chan

1,674 posts

Posted by Lucas Chan > 2015-07-21 12:26 | Report Abuse

OLH =VN???

hng33

20,510 posts

Posted by hng33 > 2015-07-21 12:30 | Report Abuse

CANNOT......already state VERY clearly in the announcement already. If OSK buy anything higher than 1.95 for OSKP in open market, it must extent the same offer to all shareholder. That is reason why Ong or OSK willing to take longer time and nibbling bit by bit at 1.94 and time is still there for them to slowing accumulate it without trigger higher take over price for all

r°Moi

5,802 posts

Posted by r°Moi > 2015-07-21 12:30 | Report Abuse

.

GMT will say............... OLH is gaming OSK OSKP PJD minorities... and unfortunately this thing is no longer substainable... blah blah blah... needed rights issue 7b... and by tomorrow.... ; )

goodguess

294 posts

Posted by goodguess > 2015-07-21 12:36 | Report Abuse

Best way to make a run for OLH money is all the small fish not only don't sell but buy at 1.94 or 1.95. just sapu since Atria hasn't been fully valued in OSKP accounts.If can samll fish put some pressure. haha if only it was that easy.... maybe it is.....unity is strength.

goodguess

294 posts

Posted by goodguess > 2015-07-21 12:37 | Report Abuse

I mean,Buy OSKP

stockraider

31,556 posts

Posted by stockraider > 2015-07-21 14:18 | Report Abuse

RAIDER ADVISE,

FRIEND DON SIMPLY PICK FIGHT MAH....!!
MAKE MONIES...MORE IMPORTANT
LOH...!!

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-21 14:22 | Report Abuse

Make money important mah, Superln, HHgroup, GSB, WTK.

But me not starting the fight lor, Duit trying smart arse started it loh.

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-21 14:23 | Report Abuse

I am only-----pointing out the risk loh. And ppl kena offended with self interest lor.

stockraider

31,556 posts

Posted by stockraider > 2015-07-21 14:25 | Report Abuse

Aiyah...point out...ok...but tactfully loh....!!
U see lah.....now raider....never pick a fight...for a very long time mah....!!

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-21 14:28 | Report Abuse

haha. I prefer showing them in face. It shows----how stupid they are loh. Tht's why they feel offended. As in facts, they are loh

stockraider

31,556 posts

Posted by stockraider > 2015-07-21 14:39 | Report Abuse

Wrong loh.....!!
Showing or proving people how stupid, not a right way mah...!!
Guiding & educating and exchanging investment idea...correct approach loh.......!!

Posted by longkanginvestor > 2015-07-21 14:56 | Report Abuse

4pm contra squeeeze

paperplane2

3,235 posts

Posted by paperplane2 > 2015-07-21 16:03 | Report Abuse

not my style mah raider bro. LFE corp to punt loh..............kerisma, I have some.....

Posted by longkanginvestor > 2015-07-21 16:15 | Report Abuse

Goodsign..no selldown..last week 5m+ volume absorbed

SinGor

4,925 posts

Posted by SinGor > 2015-07-21 16:52 | Report Abuse

You can have 100mil shares done and see no selling on T+3 bcoz OLH got 1 bil loan to take care
all your sellings.( One billion loan from RHB confirmed on EGM )

carol717

84 posts

Posted by carol717 > 2015-07-21 22:10 | Report Abuse

f
anyone know when the warrant will list in bursa?

sbg3106

360 posts

Posted by sbg3106 > 2015-07-21 22:38 | Report Abuse

4-Aug

Posted by HighRiskHighReturn > 2015-07-22 09:41 | Report Abuse

When is the dividend to be deposited into our account?

hanting999

463 posts

Posted by hanting999 > 2015-07-22 09:48 | Report Abuse

4-Aug-2015

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