hanting999, I have written about icon888 analysis on comcorp on 13.2.16. in comcorp comments. I reviewed his research and found that he was 90% accurate. I commented on this, sorry you did not read about comcorp, could switch over to comcorp a month ago instead of holding Osk.
Comcorp super fast counter more to your liking i should think.I am not asking you to buy now as it has gone up from a recent low of 52 cents(18 days ago) to 83 cents today.
Be extra careful entering Comcorp, most major operators had left. I think current movements are the last remaining big fish still trapped inside. ComCorp at its best --run about 80-100m shares a day. I have unloaded bet 70-80 cents
Remember how olh did when he wants to collect oskp + pjd. Now the reverse his happening, OskH will be going Up and PJD will be going down then 2:1 offer to PJD ( Get PJD for half the price ) 2:1 offer to PJD---guess what is the price of OskH in Sept 2016
I had commented that if OSKH (or OLH) had seriously wanted to take PJD all-in , they would had done so (only less than 1% remaining to take over to cross the 90% mark). For whatever reasons OSKH (or OLH) had, they did not take PJD all-in. Think carefully; who has the remaining 10.5% of PJD shares in his hand to prevent the take-over? Guess what will be the price of OSKH in September, 2016. More heartaches.
I think it is Ooi Teik Bee and his Gun-slingers that are holding out.............. Oldman Ong is going to sit this out and delist PJD on Sept. screwed Mr Ooi big time.
Be practical. Try not to play counters run by pirates and conmen. Remember once a conman always a conman. I play PJD w last year until his "screw you all schemes" is announced. Luckily I still make a bundle. I switch to others counters like Genting n Airasia. This are run by Leaders of industry with reasonable good corp governance. The last time in PJ forum I told everybody to run. Those who didn't burnt like hell. OLH reputation precedes him. One of his running dog was haunting me then so I stay away. If you still want to buy questionable quality counter make sure the entry price is at a big discount to market price. Just look at Puncak I just do a hit n run on Puncak when it was trading at a huge discount to NTA. To be exact more than 3x book value when I buy. If you doubt my suggestion just go through my response in the all the older forum and see what I said so far is creditable
Running over the latest brochure of OskH, it just reaffirmed what my Osk remisier told me 2 months ago.....Olh can easily take OskH private (which hanting9999 flatly rejected as too expensive) Based info in brochure, Olh and MerryMen owned 70.75% of OskH And include Puan Sri Khor(24.5%).......Total 95.25% ( Can take OskH private tomolo ) As i said before Public spread (30%) can be owned by 3000 investors Or 30 individuals....And as in OskH the distribution is 4.75% Public + 11.07%(merryMen) + Puan Sri Khor(24.5%). So, Public distribution is on 4.75% "We" + 20 merrymen + One Puan Sri
So for the 4.75% "we", it is delisting in near future Or Hap Seng Goreng price RM7.70 next year
Yes. Redundant to take OskH private if Olh already owned 95% So should I ask Olh in agm that OskH should be 7.70 by Sept. Olh is so "kiasu" that he wanted all the oskh-wc.....crashed wc at 0.33 to 0.305.....but i will continue buying at 0.305 monday
4.75% is about 65.78M shares available for trading. If most of this shareholders bought between 1.90-2.20 then about 80% are not available for trading which left 13.156M You look at the daily Volume (less than 500K ) which means olh has problem collecting at 1.70. So he has to push to atleast 2.0 to sapu another 20M By June, Oshk is very close to Petronm previously ---every 1000 shares can move price up 5-10 cents
PE 4.09 NTA 2.96 .ROE more than 10. Still this OSK formIng holy cross n coming down. Good friday is overlah..... its Wednesday already tomorrow. Hope it will Rise n shine. so PE will have more reasonable value.
Much frustration around. Low dividends, languishing share prices, no substantial rewards, property counters downgraded. Is there any future for OSKH to rise? Brace yourselves.
As long as OLH don't privatise OskH--I am Happy. I am sure Olh like to see his name in Forbes Top Ten billionaire listing (2017).....Can't make it if OskH is 1.70....Atleast 7.70
what la... localmotive understand what is happening or not? What relist?
RHBCap is already listed long time and currently still a listing company. That is just to transfer listing status from RHBCap to RHB Bank. Can save a bit $$ from tax and less stringent capital requirements.
I noticed that really got lots of clown at here.
what is this funitec above talked about P/E ratio? If don't know what happening then please don't say it.
Furthermore, jjchan says OLH family holding like 95% of OSK already? WTF bull shit. I don't believe this. Please look at annual report by yourself on the shareholders information.
I think bringing in PJD into OskH will dilute OLH & Co's shares control. After this latest shareholders Circular (28 Feb), I am sure PJD will be privatised on Sept or later....Ooi Teik Bee will be sweating. Looking at the warrant daily warrant C collection, it won't be long OLH will have 95% and by Sept OLH & Co might control 98% of Oskh
My experience with RHB cap tight shares control by EPF/OSK/Aabar/ Institution Funds which allows less than 10% public circulation is that it moved from 3.75 to 8.0 in 1.5 years...
Olh is using this same method since he is so stingy and will not use his money to push OskH's price
If OLH family owns more than 90% of OSK, OSK would be delisted already according to Bursa rules. If jjchan wants to blow water, please blow sensibly. Talk nonsense is useless
I did not hear any dividends policy. I only heard he said impossible for 20sen but no worry on dividends because OSK has been listed since 1999 and it has been paying dividends every years.
Someone asked about pjdev listing issue and OLH replied was nothing new. Just said current plan is to keep it listed. Still searching for workable options. At the end, no people able to guess what will be happening. OSK may offer to privatise it again too.
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chinhin
1 posts
Posted by chinhin > 2016-03-24 21:40 | Report Abuse
ya...looking good....for kfc voucher lol!!