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.
Poor prospect for Construction & Property industry for coming few years. Situation getting worst after few mega project postpone or cancel. What do your guys expected OKA business getting better when her customer tighten belt for survive? She definitely take some longer times to grab more revenue and boost the profit. But not for this year......
@ShQuah you were the one spreading fake rumors about pressing down the price bcos want to issue Esos, right? Do Esos happen? Esos only happen once in 5 years.
They did not kill for the ESOS. There's only one Esos corporate exercise. Each year different batch came out, with different exercise price. All came from the said Esos approved. They can choose to exercise or not, no obligation. The previous batches most likely will not be exercised. All batches will lapse at a 5 year time frame based on the 1st batch. The last batch, will only valid for 1 year only.
So no new Esos or issuance of new shares, just the fixing of price for new batch under the same Esos.
If you have no idea or not involved in any corporate exercise before, do not spread rumors. This is very irresponsible.
I worked in a listed financial institution before. I was given Esos. It was the 1st year. It lasted 5 years for you to exercise. If there are price adjustments, the ESOS price will adjust too accordingly.
PM says still no decision on ECRL, negotiations ongoing. The 688km rail link, if built, will connect Port Klang in Selangor with Pengkalan Kubor in Kelantan and will be constructed in two phases.
Yup..when I queried the Mr chairman that why there has been no share buy back during agm.He said this year already given bonus. Share buy back would be done thereafter.
Based on past few years, when OKA announce Quarterly result this month, they will also provide dividend % which to be paid on April. Hopefully still got good dividend.
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?
The potential revival of the East Coast Rail Link (ECRL) will not only benefit local construction players, but there will also be positive spillover effects on building material companies in Malaysia.
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teckliang
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Posted by teckliang > 2018-12-14 08:30 | Report Abuse
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.