Posted by chean1984 > 2014-08-15 09:02 | Report Abuse

RM3.0 on the way. hehe

Posted by chean1984 > 2014-08-15 09:15 | Report Abuse

expect many will take profit

Posted by Icon8888 > 2014-08-15 11:55 | Report Abuse

moving moving...

Posted by Icon8888 > 2014-08-15 11:57 | Report Abuse

fund managers digested the news in the morning, now pressing the buy button...

Posted by azlan88 > 2014-08-17 00:08 | Report Abuse

can't wait for monday. want to topup both mother and daughter.
TP RM4.00 , based on annualized EPS at 10x PE.

Posted by Icon8888 > 2014-08-19 11:35 | Report Abuse

unstoppable...

Posted by speakup > 2014-08-19 11:40 | Report Abuse

goreng!

Posted by chean1984 > 2014-08-19 13:56 | Report Abuse

up so much today. Money in :)

Posted by traderman > 2014-08-19 21:06 | Report Abuse

Should have profit taking soon

Posted by azlan88 > 2014-08-19 23:02 | Report Abuse

new high. believe RM3.00 will be breach soon.

Posted by alphajack > 2014-08-20 00:47 | Report Abuse

Sien I huat like hell here. Lol azlan good job la. Guarantee will hit RM3. Meanwhile can focus fire a bit on Ifca Msc, itu pun confirm terbang. Good luck

Posted by azlan88 > 2014-08-20 11:01 | Report Abuse

Ifca MSC got a good result yesterday. lol, I missed the boat.

Posted by Joel > 2014-08-20 12:38 | Report Abuse

Toward rm3.00 !

Posted by tanyuethan > 2014-08-20 20:35 | Report Abuse

Short term TP 3.00. Great counter

Posted by alextcs > 2014-08-21 11:21 | Report Abuse

time to top up more~~ ^^

Posted by bigheadsheng > 2014-08-21 11:44 | Report Abuse

my remisier told me merge plan is on the way~ anyone heard that after pjdev release Q result next week, they will then announce merge news? If yes, then oskprop price will hit to RM3.50 soon!

Posted by Joel > 2014-08-21 11:53 | Report Abuse

also PJDEV will follow the uptrend way.

Posted by chean1984 > 2014-08-25 08:46 | Report Abuse

if RHB take over CIMB (instead of CIMB take over RHB), will it affect OSK property?

Posted by chean1984 > 2014-08-25 09:26 | Report Abuse

Very weak today. Heading downwards.

Posted by upsidedown119 > 2014-08-25 10:47 | Report Abuse

Downside likely very limited.

Posted by chean1984 > 2014-08-28 18:47 | Report Abuse

http://www.theedgemalaysia.com/business-news/305074-osk-prop-sells-108-acres-land-in-sungai-petani-to-pr1ma-for-rm56-mil.html

Posted by vincentliew > 2014-08-28 19:03 | Report Abuse

So...Tomolo will UP UP

Posted by Icon8888 > 2014-08-28 19:14 | Report Abuse

Bagus

Posted by azlan88 > 2014-08-29 08:26 | Report Abuse

Nice move. Will bring extra GDV of around RM400mil.

Posted by azlan88 > 2014-08-31 19:05 | Report Abuse

Although they disposed the land at a lower valuation (around RM12), the real money will come from development of PR1MA houses. I believe the PR1MA houses will be marketed at around RM300k, in which OSKProp as the main contractor will develop the house at around RM250k to Rm300k. Thus the revenue will be around RM340m to RM400m from this project alone. Let say their profit is 10%, therefore the minimum profit will be RM34m, which will bring additional EPS of 4.5cent/yr over 3 years. What is more exciting is PR1MA projects will likely to have'ready buyers due to subsidy given by government, and hence they will get good take up rate. Besides, PR1MA market will complement its current Bandar Puteri Jaya and also the planned development of the biggest shopping mall in Sg. Petani.

The sale of this land at RM56mil to the government will add another 20cent to the earnings. Based on the terms of agreement, the deal will be included in this quarter and reflected in Q3 2014 announcement. The first half performance had seen Oskprop rakes EPS of more than 20cent and with this deal, the EPS might be more than 50cent. At PE 7x - 9x, Oskprop might be worth between
RM3.50 to RM4.50, which still has huge upside from current share price of RM2.67. Until Oskprop provides the detail about the PR1MA housing contract, I will likely topup my investment. Plus the share price has retreated a bit from its highest price RM2.88.

This is just my opinion&assumption and does not indicate any recommendation to buy/sell.

happy investing. cheers!

Posted by mrkang > 2014-09-01 23:11 | Report Abuse

Worldwide and Asia market looks green except KOREA and DAX. Good sign tmrow for all of us. Hold this OSKPROP tight...recommended by OSK-RHB...surprise by end of year and collect profit along the way.

Posted by chean1984 > 2014-09-02 16:21 | Report Abuse

waiting for it to go a little lower before decide to enter it again.

Posted by alextcs > 2014-09-02 17:26 | Report Abuse

very soon (by this month) will announce awesome dividend, stay tune!

Posted by azlan88 > 2014-09-02 20:44 | Report Abuse

631,776 OSKProp warrant were converted to ordinary shares
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1728297

today also 144,400 shares queued at 4.50pm to buy at RM2.65.

Something happening?

Posted by alextcs > 2014-09-04 14:04 | Report Abuse

pjdev and pjdev-wc start rising, going to announce merge news with oskprop??!!??

Posted by azlan88 > 2014-09-06 10:53 | Report Abuse

Oskprop covered in The Star today. Very good

Posted by azlan88 > 2014-09-07 01:02 | Report Abuse

http://www.thestar.com.my/Business/Business-News/2014/09/06/OSK-Property-set-to-double-profits-Firsthalf-results-185-higher-than-a-year-ago-on-ongoing-projects/

Posted by mrkang > 2014-09-07 10:25 | Report Abuse

News quote;

Other small and mid-cap property developers also posting double digit ROEs are Tambun Indah Land Bhd at 30.30%, Hunza Properties Bhd at 25.12% and Land & General Bhd at 20.24%.

Posted by azlan88 > 2014-09-09 07:30 | Report Abuse

whoa. price increase yesterday. hopefully can sustain the momentum today.

Posted by hafizul88 > 2014-09-09 23:46 | Report Abuse

go osk hari2 naik

Posted by azlan88 > 2014-09-10 07:29 | Report Abuse

hari-hari mau naik. Personal TP RM3.50-RM3.80.
Kalau oskprop bagi lagi div 5 sen apart 5 sen declared, year end NTA RM2.02.

Posted by speakup > 2014-09-10 07:35 | Report Abuse

good company

Posted by azlan88 > 2014-09-12 00:02 | Report Abuse

Nice article from Bursa dummy
http://bursadummy.blogspot.com/2014/09/head-to-head-oskprop-vs-huayang.html

Posted by azlan88 > 2014-09-12 08:00 | Report Abuse

actually i've missed huayang too.

Posted by mrkang > 2014-09-23 21:36 | Report Abuse

If my TA is correct, it will dive to 2.61 and rebound and form another wave this week or early next week. Good time to collect now.

Posted by azlan88 > 2014-09-24 18:59 | Report Abuse

agree. waiting for M&A before they going up again.

Posted by azlan88 > 2014-09-25 23:57 | Report Abuse

div 5 sen ex date @ 13/10

Posted by mrkang > 2014-09-26 00:08 | Report Abuse

Azalan...you may look pesona as well good prospect.

Posted by sonic > 2014-10-02 16:17 | Report Abuse

Announcement on CIMB-RHB merger news starting to leak out. Announcement coming on 8 October.

Posted by azlan88 > 2014-10-06 21:29 | Report Abuse

yes, sonic.As I wrote in previous posting, oskprop has a high chance to be privatized mr ong/osk if the bank merger go through. Osk will no longer become substantial shareholder when their share in RHB drop from current 10% to less than 5%. OSK might need to find 'core' business, and oskprop fits the bill.

Posted by alphajack > 2014-10-07 13:44 | Report Abuse

2.45 pls..wanna collect more

Posted by blueberg > 2014-10-08 11:10 | Report Abuse

collected some

Posted by alextcs > 2014-10-09 17:27 | Report Abuse

資匯 The busy weekly

股票界老手黄宗华今天漏口风说，同样由他控制的辟捷控股(PJD，1945)与侨丰产业(OSKP，6661)很快便进行合并。

他今午在辟捷控股的股东特别大会后向记者表示，由于辟捷控股与侨丰控股同样是产业发展公司，两者合并以拼取更大规模，是必须做的事。

询及两家公司何时会合并时，他没有给予一个时间，只表示很快便会有消息。

Posted by armt > 2014-10-09 20:09 | Report Abuse

http://www.theedgemalaysia.com/business-news/311032-pj-development-osk-property-will-merge-soon-says-ong-leong-huat.html

Posted by azlan88 > 2014-10-09 20:14 | Report Abuse

This is news! Now CIMB-RHB bank merger is going on as planned, then Ong can focus on merging OSKProp and PJDev. I believe PJDev will be the acquirer, with OSKProp as the acquiree. Hopefully someone can push the price so that OSKProp won't be acquired cheap..
I have no bullet already. Shopping too much from big sale yesterday. LOL