Posted by hng33 > 2015-08-06 09:40 | Report Abuse

Sold off all OSK-WC at 41sen

Posted by hng33 > 2015-08-06 09:43 | Report Abuse

hanting999

You bought warrants at 40-40.5 sen and sell all at 41 sen. How you make money????? Are you newbie !!??, intraday brokerage only 0.38%, and if above 100k, intraday brokerage only 0.25%, do your math properly lar, don asking silly question, ok!!

Posted by hng33 > 2015-08-06 09:50 | Report Abuse

Just bought ack some OSK at 1.81

Posted by hanting999 > 2015-08-06 09:53 | Report Abuse

hng33, a thousand apologies for my silly and wrong question. Not to get angry; I still don't get the drift.

Posted by hng33 > 2015-08-06 10:11 | Report Abuse

Intraday brokerage 0.38% + other cost = total cost per share 0.43 sen
Intraday brokerage 0.25% (above 100k) + other cost = total cost per share 0.285 sen

Therefore, 40-40.5 sen (average 40.38sen) and sell all at 41 sen, realize at least 0.19sen/share or 0.335sen/share (100k)

Posted by SinGor > 2015-08-06 10:18 | Report Abuse

I think OLH is buying "down" OskH-wc to 30 cents. He is keeping OskH price low

Posted by hng33 > 2015-08-06 10:23 | Report Abuse

OLH primary target now is PJD, trying hard to increase further stake in PJD before the official take offer to minority shareholder. It need to break 50% threshold, so that PJD financial result can consolidate in OSK

Posted by hng33 > 2015-08-06 10:29 | Report Abuse

OLH is doing what is right for OSK by caping PJD at 1.55, enabling it accumulating and creating OSK shareholder value. But time is needed, once take over is complete and control PJD above 50%, OSK will start jumping

Posted by hoseh > 2015-08-06 10:40 | Report Abuse

By taking an acquisition rate of 0.6% per day, the acquisition of 17% PJD shares (to hit 50%) will only take 1 to 1.5months.

who is selling millions of PJD shares everyday? Damn curious...
Could it be the conversion of PJD-WC to mother share?

Posted by hng33 > 2015-08-06 10:45 | Report Abuse

hoseh

Could it be the conversion of PJD-WC to mother share? very illogical again......conversion need RM 1.00 + 58.5sen (market price) = RM 1.58, sell to OLH at RM 1.54-1.55 !!!?? of course NOT, warrant holder just need to keep their stake and accept OSK offer at 60sen

Posted by hoseh > 2015-08-06 10:47 | Report Abuse

hng33, i mean OLH convert his PJD-WC to mother share.
He holds lot of free warrants and these warrants are not sold to OSK in the share-swapping deal.

Posted by hoseh > 2015-08-06 10:51 | Report Abuse

Before 10am, there were 2.5 millions (consists of 1 mil + 0.5mil + 0.4mil +0.6mil) of PJD shares been transacted...
who has such big lots ?

Posted by hng33 > 2015-08-06 10:57 | Report Abuse

hoseh

Same illogical, OLH convert his PJD-WC to mother share and sell to OSK in open market !!??,You mean, OLH still need to pay RM 1 to PJD and must wait 2-3 week, get new PJD share and sell back open market to OSK at 1.54-1.55 !!?? So far, no bursa announcement on new PJD share listing from warrant conversion and it should troublesome and meaningless for OLH to do so.

Instead he would just need to accept take over price cash at 60sen later which or opt to keep its warrant as once take offer is complete, and PJD remain listing (assume OSK control 50% of PJD) is expect to surge and OLH warrant will worth much more than 60sen

Posted by hng33 > 2015-08-06 11:02 | Report Abuse

hoseh

'who has such big lots', Please bear in mind PJD public free float is as high as 68%, OLH only control 31.7% before swap to OSK.

Posted by hng33 > 2015-08-06 11:16 | Report Abuse

The ideal condition is for OLH through 55% stake in OSK to control 50% PJD, control >75% OSKP, and OLH still retain direct control stake in PJD warrant and OSKP warrant. Once everything is complete, OLH will be KEY beneficial in OSK, OSKP warrant and PJD warrant.

Posted by 860000 > 2015-08-06 15:17 | Report Abuse

i thought OLH no more direct control stake in PJD and OSKP warrant? should be all sold to OSK

Posted by Superb99 > 2015-08-06 15:22 | Report Abuse

this counter just want to rebound, pressed down by poor mkt again...wtf

Posted by hng33 > 2015-08-06 15:27 | Report Abuse

OLH control about same stake in PJD and PJD-warrant. It also control about same stake in both OSK and OSKp-warrant. OLH only opt to swap his stake in PJD and OSKP to OSK, raising its effective in osk to 55% as both warrant only have cash option but NOT have share swap option.

Therefore, OLH either opt sell back his stake in PJD warrant and OSKp warrant to OSK for cash 60sen and RM1.00 or opt to keep if both still remain listed. OLH can leverage on warrant surge if both PJD and OSKP trade upward after take over offer lapse.

Posted by Superb99 > 2015-08-06 16:40 | Report Abuse

EMA(20) is 1.91, now is 1.81, super sales

Posted by Superb99 > 2015-08-06 16:56 | Report Abuse

All sifus here saying good prospect for OSK in long run

Posted by hanting999 > 2015-08-06 17:43 | Report Abuse

Woe unto me!!! Terrible days ahead. RM shrinking; Bursa falling; Have to lie low. Down 30 points: Sorry, pals, even OLH cannot help.

Posted by Ivan Lim > 2015-08-06 21:58 | Report Abuse

do any body received special dividend already?y i havent received

Posted by 860000 > 2015-08-07 08:36 | Report Abuse

already in account lo.. dividend

Posted by eagle10 > 2015-08-07 08:57 | Report Abuse

Ivan Lim, I havent received dividend either. Maybank always slow

Posted by hng33 > 2015-08-07 09:39 | Report Abuse

Wait for dust to settle, before can re-enter into OSK and OSK-WC :D)

Posted by ckk2266 > 2015-08-07 10:15 | Report Abuse

Bought 10K @ 1.78

Posted by hng33 > 2015-08-07 10:24 | Report Abuse

It so happen, my target OSK-WC at 38.5sen = RCE capital at 38.5sen !!?? but RCE capital just declare massive dividend 1.2sen + special dividend 10.5sen....total of 12sen, more than 30% yeild is too hard to ignore, so opt for RCE first, later back to OSK-WC, ok.

Posted by III > 2015-08-07 10:57 | Report Abuse

eagle10, i receive on 4/8 night... u might need to call MBB d...

Posted by eagle100 > 2015-08-07 11:20 | Report Abuse

III, is not 1st time happen. My timecom dividend also few days later

Posted by III > 2015-08-07 11:37 | Report Abuse

Weird. So far my dividend receive record is based on payment date. Anyway u is using Izzit norminate acc?

Posted by 5percent > 2015-08-07 17:49 | Report Abuse

norminate acct is normally take a week to get the dividend

Posted by eagle10 > 2015-08-07 18:13 | Report Abuse

III, I checked with Maybank Investment, mine is nominate account.
Like 5 percent said, it takes longer

Posted by Ivan Lim > 2015-08-07 18:40 | Report Abuse

thanks for eagle10,5percent and III for your kind reply

Posted by III > 2015-08-09 12:33 | Report Abuse

no wonder, then will MBB investment charge u RM2 service charge? I change to kenanga 2 years ago coz MBB will charge me RM2 per dividend receive.

Posted by Lucas Chan > 2015-08-09 18:08 | Report Abuse

Osk now on sales 0.178!!!

Posted by hanting999 > 2015-08-09 20:43 | Report Abuse

wonder what lucas is talking about?

Posted by cutedragon > 2015-08-09 23:36 | Report Abuse

wonder what lucas is talking about? +1

Posted by yonsam > 2015-08-10 09:10 | Report Abuse

i think lucas typo he mean 1.78 (on friday)... but monday morning now 1.75

Posted by hanting999 > 2015-08-10 09:15 | Report Abuse

Lucas, please do not panic. I myself thought that the worst had come; I am wrong; 'more worst' is coming. It is now up to OLH.

Posted by 5percent > 2015-08-10 09:25 | Report Abuse

yes, more worst is coming..i believe is due to the instability of ah jib's seat... hehe.. hold tight and keep sailing, put more oil on 1.70 to sail further

Posted by Lucas Chan > 2015-08-10 09:48 | Report Abuse

Lol!!! Don't u all know what is call on sales???? It's mean discount!

Posted by hanting999 > 2015-08-10 09:49 | Report Abuse

I am reading about what is happening to WCT Malls. Will the same thing happen to OSK Mall(s)?

Posted by 5percent > 2015-08-10 09:49 | Report Abuse

what is happening? mind to share?

Posted by hanting999 > 2015-08-10 09:57 | Report Abuse

Quote: "WCT Holdings Bhd’s Paradigm Mall saw 53 or 18% of its tenants close shop and move out about two months ago, leaving behind vacancies that have yet to be taken up in the mall’s first wave of tenancy renewals since it opened for business about three years ago." - See more at: http://www.themalaysianinsider.com/business/article/wcts-paradigm-mall-unperturbed-by-tenants-moving-out#sthash.rRX1WKGZ.dpuf

Posted by 860000 > 2015-08-10 09:57 | Report Abuse

28% tenants in paradigm mall owned by WCT dun wanna renew tenancy because WCT wanna price too high rent.

Posted by sbg3106 > 2015-08-10 09:58 | Report Abuse

this is talking about OSK , not WCT

Posted by 860000 > 2015-08-10 10:02 | Report Abuse

OSKprop mall should be not very important? how big portion is it to contribute on OSK earnings?

Posted by paperplane2 > 2015-08-10 10:04 | Report Abuse

wow, RM1.50 soon

Posted by 860000 > 2015-08-10 10:11 | Report Abuse

due to WCT paradigm mall weak

Posted by Superb99 > 2015-08-10 10:23 | Report Abuse

downtrend plus poor mkt....sigh....