TheContrarian , thanks TheContrarian Malton still got 50%, already sold 50% while 0.70 but now a bit regret, Malton really bullish\ thanks for advisse TheContrarian
firehawk ,angie here, do you got any OSK because I just sapu sikit at 1.49 however I find out many people very unhappy this OSK boss do you know what is the history is the Boss of OSK is a conman like BJC uncle misai or what did the OSK boss did before , must be very serious con he did so many people hate him if someone know the history can tell a little bit to me as you know I just masuk OSK , haha thank \s and sorry for my busy body ,my bad
Considering Olh holds 70% of OskH and his "mai cai" another 20%+++, OskH is really a very illiquid stock and only Olh can move OskH but he is Not pushing...and would Not allow others to do so. Luckily OskH carries a One billion loan from RHB bank to carry out this acquistion exercise or else Olh can easily take Oskh private again ( last time he offer 1.25 for OskH but rating is 2.50) Anyway with 10% RHB bank shares in collateral for the one billion Loan, Olh no longer concern some Datuk will come and Raid Oskh for RHB Bank Shares
Ha Ha Ag, u start come in at this level is very safe ... moreover, it gives dividend, even if it's not exciting, can treat it as FD loh :-D
tell u a related story, in Jul this year, I saw PJDev was selling cheap, I enter @1.36 .... @1.26, suddenly he launched again the take over, I get a gain of 18% in 3 mths (included div. paid in Sep) .... but OSK may need more patience .....
I start trading OSK since 2012 ... in Aug,13, he launched a takeover @1.68, I didn't accept .... I sold my last piece @2.32, in Jul 14. I'm satisfied with my performance in trading this counter. Since then I didn't trade this counter, until last month ..... :-)
If i'm not mistaken, every share contains 0.2 RHB (i calculated it 2 yrs ago), this provides a grounding for its value.
In my opinion, bstd is more nasty than old fox, old fox is the adventurous type, is clear his business can be up and down, he brought in many brands, KFC, 7-11, McD, K Roger, Hyundai, Boarder .... I think he has some contribution to our society but bstd is even more self-centered and he makan u terang-terang without shame. I remember in PJDev AGM, he even voted out by shareholders (by heading counting, this showed most of the shareholders don like him), but the voting was conducted again by counting "number of shareholding" to retain his seat .... u can imaging what type of ppl ......
3Q result is reported until 30 Sep 2016 only. OSK do not own 95% of PJDEV as of that time (i am not sure how many %.. Maybe 89.xx%?).. Anyway, OSK has been reporting fully consolidatedPJDEV earnings since few quarters ago. The remaining of about 10% minority shareholder was counted as "Profit attributed to Non-Controlling Interest". I have already mentioned this clearly previously but you still keep on confusing yourselves and others.
Previously i clearly mentioned about OSK can delist PJDEV after having 90% of PJDEV shares too but JJchan kept on opposing me by saying i was wrong too... Now what did you all see? OSK is delisting PJDEV next week while OSK shareholding in PJDEV has only been almost stagnant at 95% in past 1 month. JJchan claimed his English is better than mine and what is happening now?
firehawk hi fren thanks for your advise actually i enter 1.50 but is ok and fren do you like DUTALAND BHD and bjc esp bjc now only 0.33 seem undervalued heavey any adivue if got ?
86K---I was following the topic people are discussing at that time---not your topic----anyway do you understand what "they" are discussing at that time.....That is the reason Nobody answer you.....I didn't make any comments at that time bcoz what "they" said was correct.....
For your info, 90% is Not the required Number.......At 30%, you can make a general offer and if many investors sell to you and you arrived at 80% or 85%-----you can also take the Co. private bcoz Bursa will terminate any counter with less 15% public circulation (maybe this # has changed but i think it is around there )
I was not asking any people to answer me. I was telling the person that he/she is wrong. By the way, please study what is consolidation accounting before come here to blow water. I have said few times that OSK has used consolidation accounting method since few quarters ago on pjdev revenues and earnings
90% is the number to be confirmation on delisting. The company has to be delisted if reached 90% while the person still dreaming that OSK unable to delist it with 90%
860000, i also believe OSK takes in the PJDev revenues and profits ..... but not RHB, OSK only shares the earnings of RHB.
there is a difference of subsidiaries and associates in accounting wise, but i just can't remember what is the % holding to differentiate the two, do u know?
If JJchan claims that OSK did not consolidate pjdev earnings and revenue on previous few quarters, please ignore him. OSK already did it when they owns about 89% of pjdev since maybe 3 quarters ago
associates for equity method usually for holding shares 20 to below 50% shares.. for those that claims to have significant control on the company but not major shareholder.. OSK used equity method on RHB although holding only 10% shares because OSK said they have director in RHB and do have people in RHB Investment Bank management level position.
subsidiary that use consolidation method usually hold majority shares in the company (i.e. >50%) and can control the company operation (obviously OSK is fully controlling PJDEV operation since few quarters ago... Or such as Genting Malaysia and Genting Singapore in Genting)
Just impress us with a OskH ----3Q16 spreadsheet---remember to link us to the site with your Dobi Mark 860000-----30Nov deadline-----I am sure CFA qualification----closed one eye also no problem
taktaumacammana and limweebeng, I predict will drop somemore becuase OSK now in the akward situtaion as we know OSK last qr at this time profit up 592% so this new qr very high percent will decrease and nowadys people very stupid one when see red red will sell the selling volume incease then will drop abit anyway will up back after a week thanks all the best
while waiting for transit plane, i decided to look at RHB results----alot of saving but no dividend declared yet.... Going back to OskH and do a Layman estimate for 3Q 1) Only 5% of the expected 10% of PJD remaining shares are acquired after June --2Q 2) OsKP Hotel biz doesn't look Good in Johor Baru after doing a look see-look see tour in Johor for lelong properties. 3) Atria Mall biz is Dull so far stores still open 4) Do not expect Interest Rate to go down below 3% yet(ringgit under pressure)so RHB is still Okay for time being 5) Properties market trend---everyone should know by now
I think OskH share price will remain at this level or slightly down till RHB declare Dividend
There is nothing you can do with OskH price until Olh goreng it
To kill time, i tried to Bully 860000 but he said he is a CFA
Maybe should come every morning to greet Olh with a four letter words ( to remind him that it is his responsibility to push OskH price )
Mr Ong is the oldest Billionaire stock trader in Malaysia.....As far as I know he doesn't has a CFA title or a Degree-----he is just smart and very stingy(you already know what he pays for pjd)-----OskH stock price goes up or down on his command-----not what the market wants
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
firehawk
4,783 posts
Posted by firehawk > 2016-11-14 16:57 | Report Abuse
so yam gong, everyday new low .... bstd is going to privatize it?