OKA CORPORATION BHD

KLSE (MYR): OKA (7140)

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Last Price

0.675

Today's Change

-0.005 (0.74%)

Day's Change

0.665 - 0.685

Trading Volume

6,300


10 people like this.

2,920 comment(s). Last comment by bjtoto 2023-11-14 11:22

Posted by Cockroach Paul Lee > 2019-06-13 22:51 | Report Abuse

Hahaha... all cement counter up.... only OKA laosai...
next drop point 0.58? 0.50?

Posted by Cockroach Paul Lee > 2019-06-15 01:59 | Report Abuse

I bought some 0.635 too...
Cement price increase, OKA 40m cement products possible to sell higher prices maybe...
Good news or bad news? I dunno... anyone can tell?

Grova1

112 posts

Posted by Grova1 > 2019-07-24 11:11 | Report Abuse

SHQuah. Are you alright ? Lol

Grova1

112 posts

Posted by Grova1 > 2019-07-24 13:29 | Report Abuse

My stocks have been stuck since the last GE. Sunway and OKA. Lol

Posted by Cockroach Paul Lee > 2019-07-26 23:30 | Report Abuse

I Ask 冷眼 buy more... he is OKA top 30 holder. But only a few hundred lot offer to sell.... he refuses to click “buy” ...waste his time hahaha

Grova1

112 posts

Posted by Grova1 > 2019-07-26 23:38 | Report Abuse

Wow...Leng Yan is one of the biggest holders? That sort of calms down my mind a little...hahaha...I have been buying OKA monthly though..hopefully it will pay off soon..how do you know that about Leng Yan though? Where can we find that piece of information?

Posted by Cockroach Paul Lee > 2019-07-26 23:56 | Report Abuse

OKA Anual report got listed top 30 shares holder name

SHQuah

5,363 posts

Posted by SHQuah > 2019-07-29 13:34 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6237165

Following the new government’s anticipated projects to build 100,000 affordable homes by the end of 2019 and one million budget houses in ten (10) years’ time, OKA’s management team will endeavour to secure a fair share of these projects.

cyeec2000

994 posts

Posted by cyeec2000 > 2019-07-29 14:13 | Report Abuse

Leng yan is 11th of major shareholders

cyeec2000

994 posts

Posted by cyeec2000 > 2019-07-30 16:31 | Report Abuse

Your name is what? SHQuah? Hehe

Grova1

112 posts

Posted by Grova1 > 2019-07-31 14:19 | Report Abuse

cyeec2000, is the information still valid today? I check the 2019 AR and RHB Capital Nominees (Tempatan) Sdn Bhd is the 11th biggest shareholder. Maybe Leng Yan sold all his shares before the share price plummeted. Lol.

cyeec2000

994 posts

Posted by cyeec2000 > 2019-08-05 16:48 | Report Abuse

Grova: yes its 11th plead secerity account fong siling ( cold eye.).SHQuah i know your are ranked 23

Grova1

112 posts

Posted by Grova1 > 2019-08-07 18:41 | Report Abuse

I'm curious why investors are not into this counter. Does anyone have any idea? To me it's a great company, isn't it?

ampabella

1,378 posts

Posted by ampabella > 2019-08-08 15:52 | Report Abuse

slow slow slow mali lah

SHQuah

5,363 posts

Posted by SHQuah > 2019-08-09 08:20 | Report Abuse

MIDF expects local contractors to benefit from ECRL by year-end with 331 companies competitively bidding for a share of the pie. OKA could get some.

SHQuah

5,363 posts

Posted by SHQuah > 2019-08-21 12:29 | Report Abuse

This morning I saw OKA products in Penang Airport new multi level Car Park projects.

Grova1

112 posts

Posted by Grova1 > 2019-08-21 13:10 | Report Abuse

great! thanks for your info SHQuah! I buy almost every month to average down my price!

Posted by hahaha1412 > 2019-08-22 16:43 | Report Abuse

Next week quarter result should be good. Just my 2 cent

cyeec2000

994 posts

Posted by cyeec2000 > 2019-08-23 17:55 | Report Abuse

SHQuah: you can pressure them in agm hehe..

Tete7893

228 posts

Posted by Tete7893 > 2019-08-24 23:14 | Report Abuse

oka has dividend policy?

SHQuah

5,363 posts

Posted by SHQuah > 2019-08-25 17:44 | Report Abuse

Every year they give dividend. But I don't remember any fixed agreement. Every few years they will also proposed bonus issues.

Tete7893

228 posts

Posted by Tete7893 > 2019-08-25 18:43 | Report Abuse

wait QR out only decide to buy or not

Posted by hahaha1412 > 2019-08-25 21:50 | Report Abuse

No dividend policy from OKA. However, dividend given even 2019 financial looks bad.

cyeec2000

994 posts

Posted by cyeec2000 > 2019-08-30 12:55 | Report Abuse

How is the agm? Any good news?

SHQuah

5,363 posts

Posted by SHQuah > 2019-08-30 14:25 | Report Abuse

Anyone attend the AGM today in IPOH ? Please update ?

cyeec2000

994 posts

Posted by cyeec2000 > 2019-08-30 14:39 | Report Abuse

ShQuah: you didnt go?

SHQuah

5,363 posts

Posted by SHQuah > 2019-08-30 18:20 | Report Abuse

I didn't go. Working. Results better than last year. Dividend in November. As long as every year making more profit and give dividend more than EPF % good enough.

SHQuah

5,363 posts

Posted by SHQuah > 2019-08-30 18:21 | Report Abuse

Today I bought 59.5 cents.

SHQuah

5,363 posts

Posted by SHQuah > 2019-08-30 18:44 | Report Abuse

NTA 72 cent. Today close 60 cent. Below actual value.

Goh Kim Hock

3,072 posts

Posted by Goh Kim Hock > 2019-08-30 21:41 | Report Abuse

OKA will reward those holders who hold it for the long term. This counter is not suitable for those who are speculating.

cyeec2000

994 posts

Posted by cyeec2000 > 2019-08-31 00:54 | Report Abuse

SHquah: oic, 0.595 is considered good prices.

SHQuah

5,363 posts

Posted by SHQuah > 2019-09-03 09:47 | Report Abuse

Will hold and buy more if price go lower. For dividend.

Thianbk

1 posts

Posted by Thianbk > 2019-09-03 12:33 | Report Abuse

*03-Sep-19*
*Technical Tracker - HLIB Retail Research*
*Trading Buy: OKA-7140*
*Better times ahead*
*(Last price: RM0.600, Potential upside +23.3%)*

*Company Profile*
• OKA (listed in June 2002) is the one of the leading integrated manufacturer of precast concrete products in Malaysia

*Trading Catalyst*
• As OKA is one of the largest local ready-mixed and precast concrete manufacturers and its products are widely used in the infrastructure, sewerage, construction and highways, sentiment on the stock could further improved in anticipation of the revival of mega infrastructure projects and government’s commitment in building more affordable homes.
• Valuations are cheap at 11.7x (53% below peers) and 0.83x BVPS (43% below peers), underpinned by attractive 6.2% DY (based on average 3.7sen in the last 3 years) and 1Q20 net cash/share of RM0.192 (Ex-cash P/E is only 7.9x).
• Technically, the stock is poised for a potential downtrend reversal towards RM0.63-0.74 levels in the mid to long term following the formation of Dragon Fly Doji and Hammer candlesticks.

*Technical View*
• Resistance: RM0.630 / RM0.670 / RM0.740
• Support: RM0.585 / RM0.555
• Cut loss: RM0.550

*Key Financial Stats*
• Trading at 11.7x trailing P/E (-53% below peers) and 0.83x P/B (-43% below peers), backed by 6% DY and 19.2sen net cash.

*Source*: Bloomberg, HLIB
*DISCLAIMER:* https://www.hlebroking.com/v3/disclaimer.aspx

Grova1

112 posts

Posted by Grova1 > 2019-09-03 16:35 | Report Abuse

Let's consider the Capex of the company:
2015 - 2016: 4,401,453
2016 - 2017: 4,845,879
2017 - 2018: 4,133,473
2018 - 2019: 13,681,212

We can see that the company has spent a lot on upgrading its production facility. Keeping its strong fundamentals and excellent management in mind, I think after the mega projects are revived, the company's future profit might surprise everyone in the market.

Posted by hahaha1412 > 2019-09-03 17:50 | Report Abuse

2018 - 2019: 13,681,212 OKA purchased land in Johor. However, no further info how to utilize the land.

Grova1

112 posts

Posted by Grova1 > 2019-09-03 18:02 | Report Abuse

I see. I didn't read clearly. Thanks for your info. :)

Tete7893

228 posts

Posted by Tete7893 > 2019-09-03 19:34 | Report Abuse

grova1 whr u get these information? from annual report?

Grova1

112 posts

Posted by Grova1 > 2019-09-03 19:45 | Report Abuse

I got it from the annual report. By the way, the data about Capex is my calculation based on the formula on Investopedia. I'm not sure if I did it correctly . :)

SHQuah

5,363 posts

Posted by SHQuah > 2019-09-04 10:18 | Report Abuse

https://klse.i3investor.com/blogs/hleresearch/222930.jsp

OKA Corporation - A Good Start in FY20

Davidl

1,816 posts

Posted by Davidl > 2019-09-05 15:17 | Report Abuse

Good for accumulation now

Goh Kim Hock

3,072 posts

Posted by Goh Kim Hock > 2019-09-05 21:37 | Report Abuse

I too bought some today for long term dividend purpose since it is no longer viable to keep cash inside bank.

Grova1

112 posts

Posted by Grova1 > 2019-09-05 23:26 | Report Abuse

The directors bought some from the market today. Maybe that's a good sign?

wynwyn

136 posts

Posted by wynwyn > 2019-09-11 19:07 | Report Abuse

Okay.. Dividend same as last year after splitting
So bonus

SHQuah

5,363 posts

Posted by SHQuah > 2019-09-12 13:24 | Report Abuse

Recently trading volume is more, hopefully some Big Player is accumulating.

Grova1

112 posts

Posted by Grova1 > 2019-09-12 14:58 | Report Abuse

not significantly high though .

SHQuah

5,363 posts

Posted by SHQuah > 2019-09-12 18:41 | Report Abuse

For a small paid up capital company. Today volume consider very good.

Tete7893

228 posts

Posted by Tete7893 > 2019-09-13 11:40 | Report Abuse

oka no power. sad

SHQuah

5,363 posts

Posted by SHQuah > 2019-09-15 10:43 | Report Abuse

Invest in OKA is better than saving money Bank FD % or almost same as EPF %

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