Share price drop from 1.90 last year until now 1.00 ? I am not sure how the boss feel since they are the largest shareholder with more than 52 % of shares ? Their assets and paper loss almost half.
No media PR on corporate image and strategy in business growth and revenue expansion. How to attract investors when nobody knows? Like this, company will be deadwood la. How to appreciate share value? OKU la
Who tell you this fairy tale of pushing down price just for the ESOS? The ESOS consititue how many % of the outstanding shares? Or how many % against the shareholding of Ong family?
i see majority of construction in penang using OKA sign pipe and drain . penang still needed more contruction for reducing flood when heavy raining. i think is ok kut.
Actually the entire construction in their low tide now, few mega projects stopped by PH, what makes you all think that directors can push up the price?
OKA has wide range of precast products. Temporary/permanent drainage, relocation of sewerage or water pipes, bridge T-beam and U-beam, precast piles, ready mixed concrete for cast insitu piling/pilecap/pier, all these widely used in those mega projects. All your TNB cable, water pipe, time fiber, TM, IWK are going underground roughly 1-2meters below, sooner or later this level will be congested with these utilities. Then these have to go even deeper and there is where their large diameter pipe need to be used.
Do not expect huge or fast return if you invest in this counter, this counter will come back when construction industry is back on track, easily 3-4 years. This is my POV from construction industry but not finance/economy.
SHQuah, if you are OKA boss, what's reason you want push up the share price with pocket money? The boss has the finance number in hand, they can estimate the next QR and may be current share price still too high for them make profit.
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Grova1
112 posts
Posted by Grova1 > 2018-10-24 23:32 | Report Abuse
wow...directors bought in a large quantity...does it imply something?