Key words: “Proceeds from the offering will be used by the Government for its general purposes, financing development expenditures that among others include building schools, hospitals, public roads and utilities,” it said.
Day 17 of Fundamental Daily, YAPSS will be covering OKA Corporation Berhad's fundamental via a short animated video. I hope it helps and please enjoy the video, see ya! #FundamentalDaily017
Construction on the RM9bil light rail transit (LRT) line and the RM9.6bil Pan Island Link 1 (PIL 1) are scheduled to start in June next year. The Star learnt that the PIL has received approval from the Department of Environment – the federal regulator overseeing the Environmental Impact Assessment (EIA) report – in March while the LRT is expected to receive a conditional approval from the Transport Ministry in May.
Both mega projects will be tendered to local and international companies at the end of the year.
OKA currently is involved in Penang integrated flood mitigation projects. You can find a lot of OKA products in all common flood area in Penang under Work in progress. This project could last for many years.
ECRL will benefit OKA Pahang factory and Negeri Sembilan factory. Hope OKA will receive a lot order from contractors. Plus LRT3 projects in progress.....
Oh I see.... 1.00 coming soon.... just a matter of time.... .. I keep average down every month since 2018 .... if break 0.80 I consider making profit d.... now didn’t intend to sell.... wait above 1.00 first. Good dividends, why sell? Haha
OKA..construction rally spill over effect. I am in the money already but would like to see it cross 1.00 else will just enjoy the dividend like many of you..cheers!!
if A big fund come in OKA.... it is easy to push up the price, limit up also can... because OKA shares not much...hahahahhaha limit up 啦 please 哈哈哈哈哈哈哈哈哈
I have seems a lot of OKA products in Penang road side. Penang spend a lot of money using OKA products for flood prevention. This is an ongoing project.
Basically OKA almost zero loan company and with a lot of retain accumulated profit. Cash rich.
The problem is this is an old china man company which holding majority of the share. No body can take over the company and they don't really bother about their share price.
Today many QR boom boom ..... only a few survive .... but previous month ago I saw many OKA Drain units appeared in Bukit Mertajam...for flood programs one...
Net assets per share attributable to ordinary equity holders of the parent ($) = 71 sen Current share price is below NTA. undervalue. I hope OKA could perform Share buy back.
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....
SHQuah
5,363 posts
Posted by SHQuah > 2019-03-08 16:12 | Report Abuse
https://www.thestar.com.my/business/business-news/2019/03/08/govts-200b-yen-samurai-bond-priced-at-yield-of-0pt53pct/
Key words:
“Proceeds from the offering will be used by the Government for its general purposes, financing development expenditures that among others include building schools, hospitals, public roads and utilities,” it said.