This company is poised to register much better profit numbers for next few quarters because its record unbilled sales of RM800 mil as of 30/6/12 should support its profit growth in the medium term.
let's see if the holding company does as good. rhb announced listed shares for oskib acquisition, it's a done deal already. having say this, it will be excited should mbsb can workout with oskprop with some sort of housing scheme.
New rising star after Tambun and Titijaya. OSKProp is deeply undervalued since it is under NAV of RM1.71. Last year EPS is 23 cent and they give half of it at 10 cent. OSKProp is at par with Tambun and Titijaya but its market cap lag behind those two. Based on the share based of 240 million and share price of RM1.68, OSKProp is valued at RM400million, whereas Tambun and Titijya is valued around RM800 million each. I believe OSKProp should be priced at RM3.00...
OSKProp is tightly held by their owner, Ong family. Flush with money after selling OSK Invsmt Bank to RHB, OSKProp is the favourite target for privatization. Even the warrant is 75% owned by Ong family.
Consolidation mode. Nice to see the share price holdings up even with a very small volume.Expect the share price to increase when near to 5 cents dividend ex-date on 24 April. Cheers!
OSK Property Holdings ----------------------9//04//14 (OSKP MK) Technical BUY with +20.8% potential return Last price : RM1.68 Target Price: RM1.87, RM2.03 Support : RM1.55 Stop-loss: RM1.52 BUY with a target price of RM2.03 with stop loss placed below RM1.52. OSKP’s share price has continued to advance above the steeper trendline and has been consistently riding along the sloping 10-day and 21-day SMA lines in the last 15 weeks. Given the recent recovery from the low of RM1.52 as the share price rebounded off the trendline, last Friday’s strong gain looks set to accelerate another up-leg amid a positive closing in new territory on a higher trading volume of 0.66m shares (vs 20-day average of 0.12m) which constitute a genuine breakout. A positive signal from both MACD and Stochastic should, in our view, garner more buying interest and thus catapult the share price towards our target at the 1.61x Fibonacci extension level of RM2.03 over the medium term.
after asianpac, gadang and GOB, this is my next blockbuster (hopefully)
Ans : My dear good friend, there is a price gap up for L&G, please do a write up. I had given you all FA I know. I like gap up stock because the price is going to fly to the sky. Thank you.
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....
luckyman
719 posts
Posted by luckyman > 2012-11-06 19:14 | Report Abuse
This company is poised to register much better profit numbers for next few quarters because its record unbilled sales of RM800 mil as of 30/6/12 should support its profit growth in the medium term.