Posted by Tete7893 > 2019-09-15 10:49 | Report Abuse

Hope next week have some movement

Posted by hahaha1412 > 2019-09-15 14:25 | Report Abuse

Hopefully 11 Oct budget have some good news to OKA

Posted by Grova1 > 2019-09-18 15:35 | Report Abuse

It seems that there's no seller willing to sell below RM 0.62 now.

Posted by SHQuah > 2019-09-26 10:32 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/09/26/optimism-over-construction-projects-in-budget-2020

Optimism over construction projects in Budget 2020

The growing infrastructure spending and public housing development as well as private condominium redevelopment is positive for Malaysia pre-cast concrete product suppliers and contractors, it said.

Posted by SHQuah > 2019-09-27 17:58 | Report Abuse

Why OKA never proposed share buy back to support the share price since cash rich.

Posted by cyeec2000 > 2019-09-27 21:52 | Report Abuse

I asked chairman last 2 years he said the bonus issued will be proceed1st..then only share buy back will be took consideration.

Posted by SHQuah > 2019-09-28 10:05 | Report Abuse

Cyeec2000....

Can you email or call him again. You can find the email ID in OKA website.

Posted by cyeec2000 > 2019-09-28 11:13 | Report Abuse

Ok shquah

Posted by SHQuah > 2019-10-08 11:38 | Report Abuse

Look like Budget 2020 got to do with Bandar Malaysia.
Ekovest & IWCITY up so fast.

Bandar Malaysia also require pre-cast concrete product suppliers and contractors like OKA.

Posted by SHQuah > 2019-10-10 07:48 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6306313

09/10/2019 50,000 Acquired

MR CHOK HOOA @ CHOK YIN FATT

Posted by SHQuah > 2019-10-10 08:36 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/10/10/mega-project-boost-for-budget

Mega construction projects boost for budget.

Posted by hahaha1412 > 2019-10-14 09:35 | Report Abuse

No good news for construction from budget. OKA should b flat for time.

Posted by SHQuah > 2019-10-14 12:29 | Report Abuse

Bandar Malaysia is big enough.

Posted by Grova1 > 2019-10-15 19:09 | Report Abuse

https://www.thestar.com.my/news/nation/2019/10/11/budget-2020-construction-industry-happy-expects-growth

Posted by SHQuah > 2019-10-17 13:33 | Report Abuse

https://klse.i3investor.com/blogs/hleresearch/230571.jsp

With the returned of slight optimism following the mini-trade deal, coupled with the less austerity sounding Budget 2020 (a change of tone from Budget 2019), we think local equity market may gain attractiveness moving forward. Thus, we are picking sectors/ stocks such as (i) technology – ISTONE, KESM, (ii) renewable energy – CYPARK, PESTECH, (iii) construction OKA, KIMLUN, and (iv) tourism – TUNEPRO on the back of incentives/ initiatives/ policies announced in the recent Budget 2020.

Construction: Given the increase in development expenditure and potentially improving construction sector, we see precast concrete manufacturers such as OKA and KIMLUN to benefit from the initial stage of construction jobs.

Posted by SHQuah > 2019-10-17 13:35 | Report Abuse

https://klse.i3investor.com/blogs/hleresearch/230571.jsp

OKA – One of the largest manufacturers of precast concrete products in Malaysia
Infrastructure and construction jobs beneficiary. With decent track record in the past on infrastructure projects, OKA should benefit from the improving outlook of construction jobs as well as the less austerity sounding Budget 2020. Besides, OKA’s 19.2 sen net cash per share and 5.6% dividend yield should be attractive to accumulate.

After share price turned sideways along the RM0.50- 0.60 levels, we noticed a breakout above the trendline. The weekly ADX Indicator is improving and hence we expect further upside on OKA towards RM0.69-0.72, followed by a LT TP of RM0.77.

Posted by mohdsidek4 > 2019-10-17 13:44 | Report Abuse

This is rights issue, not bonus.

Posted by SHQuah > 2019-10-17 14:23 | Report Abuse

OKA is cash rich, does not need rights issues.

Posted by SHQuah > 2019-10-18 11:06 | Report Abuse

https://klse.i3investor.com/blogs/sinchew_company_story/230755.jsp

建筑领域的OKA机构（OKA,7140,主板工业产品服务组）及金轮企业（KIMLUN,5171,主板建筑组）具吸引力

Posted by Grova1 > 2019-10-18 19:00 | Report Abuse

If the trading volume sustains, coupling with the good profit in the next quarter, I think the price will fly soon.

Posted by SHQuah > 2019-10-21 08:06 | Report Abuse

https://klse.i3investor.com/blogs/sinchew_company_story/230755.jsp

●OKA机构
下跌支持：64／63仙
上升阻力：69／72仙
止损价位：62仙
长期目标：77仙

简评：主要涉足预拌混凝土产品，并在基建领域拥有良好的记录，预料将从建筑业前景改善中受惠。该公司持有每股19.2仙净现金以及5.6%的周息率，拥有足以累积的吸引力。

Posted by VegeKingII > 2019-10-30 12:32 | Report Abuse

Limit up

Posted by Grova1 > 2019-10-31 20:29 | Report Abuse

Rapid Transit System is officially resumed.

Posted by VegeKingII > 2019-11-01 11:15 | Report Abuse

呵呵

Posted by Grova1 > 2019-11-01 14:43 | Report Abuse

Bandar Malaysia will proceed too.

https://www.thestar.com.my/news/nation/2019/10/12/budget-2020-bandar-malaysia-project-in-sungai-besi-will-proceed

Posted by VegeKingII > 2019-11-01 15:04 | Report Abuse

Miki miki

Posted by Grova1 > 2019-11-01 19:25 | Report Abuse

It's most probably related to RTS as OKA owns a factory in Johor. XD

Posted by Grova1 > 2019-11-06 23:57 | Report Abuse

Just to share an old article with you guys here. I think it can sort of enhance our belief in this counter.

"Expect progressive improvement in sales once the new factory is in place. Recall that OKA recently announced the acquisition of a 3.6ha vacant land, adjacent to its present factory in Senai, for the construction of a new factory. The acquisition of land is expected to be completed by 2QFY19. This new factory is expected to cater for more orders, given the expansion of production capacity, which may support its revenue growth moving forward. — RHB Research Institute, May 30"

https://www.theedgemarkets.com/article/okas-new-factory-expected-cater-more-orders

Posted by Surewind > 2019-11-07 08:19 | Report Abuse

The main reason i bought some small amount of OKA because i have been seeing their logo on alot of concrete U drainage during my commute to work at different areas. The other day i saw a trailer with a huge concrete I-beam driving along the road. I guess signs that they are getting business. Also, the dividend rate is quite high.

Posted by Grova1 > 2019-11-07 09:28 | Report Abuse

You're welcome SHQuah. Below is a small part of the conversation from the question-and-answer session from the latest AGM.

Shareholder: Pages 44 & 45 of Annual Report showed a big drop in the receivables, deposits and
prepayments whereas the payables and accruals decreased by a small amount compared to previous year, is this a fair reflection of the economy in the industry? With the drop in turnover and receivables, what is the outlook on the prospects of the industry you are in? What is your prospect for participating in the ECRL project and other upcoming projects?

CFO: With regard to prospect, given the current slow-pace economic situation, we have to work hard to procure orders. The progress of ECRL is not going on as much as desired. There is currently a slow trend in construction industry. Accordingly revenue and profit have dropped. Lower sales will also result in a dip in trade receivables. In addition, for trade receivables, Note 8 explains that only secured debtors are recognized while loss allowances are made for expected credit losses, based on probability-weighted estimate of credit losses, taking into consideration historical past due aging for the past three years.

Shareholder: The trend of housing projects seems to gear towards low cost housing, will the
company benefit from such projects?

CFO: As long as there are development and more projects, the Company can benefit from
them.

Shareholder: Do you foresee the construction industry gets better or worse?

ED: We do see some light, it gets a bit better, though not able to achieve similar results as in previous years. Take for example the ECRL project which was announced 2 years ago. Though it was awarded and started, the progress is slow. This situation is out of the Company’s control and difficult to predict. If all the government jobs kick off, then we are confident of better prospects.

# The conversation above tells us about the status of ECRL and OKA's involvement in it. Besides, it also sheds light on the management's confidence once the government jobs kick off which could probably be next year.

Posted by cyeec2000 > 2019-11-08 22:03 | Report Abuse

Thanks grova1..

Posted by SHQuah > 2019-11-12 07:09 | Report Abuse

Weak 2019 earnings growth paves the way for a strong 2020 earnings picture, boosting stocks

Posted by Grova1 > 2019-11-18 11:17 | Report Abuse

when 70% of the shares are held by the big shareholders, this is what happens. Not much transaction can happen.

Posted by SHQuah > 2019-11-20 20:11 | Report Abuse

Now just have to wait until all those cannot hold sell all their shares, remaining all strong holders. Only then OKA share can slowly go up.

Posted by Mr. A|S|H > 2019-11-20 21:07 | Report Abuse

OKA, a Perak-based company will slowly bull again, react like Seladang. hahaha... just hold. your patience will paid off soon.

Posted by SHQuah > 2019-11-28 11:41 | Report Abuse

OKA NTA (Net Tangible Assets) -72 sen.
Share price now 63.5 send. Less than actual value.

Why not go private. NTA 72 sen plus goodwill would worth more than 82 sen.

Posted by sakurako > 2019-11-29 17:32 | Report Abuse

good quarter result

Posted by SHQuah > 2019-11-29 18:13 | Report Abuse

Very good quarter results. NTA increase to 74 sen from 71 sen. Cash rich company basically with zero debt. Current share price 64 sen is way below actual value. Under value stock.

Posted by VegeKingII > 2019-11-30 14:20 | Report Abuse

呵呵

Posted by babyrace > 2019-12-03 16:18 | Report Abuse

Rubbish PH government. Good/bad Quarterly result no longer plays a heavy weightage as foreign funds no longer have confidence in Malaysia. From useless politician to Bursa. Everyone fighting among themselves. https://www.theedgemarkets.com/article/frankly-speaking-all-not-well-bursa

Posted by SHQuah > 2019-12-04 20:46 | Report Abuse

Someone is collecting and at the same time controlling the closing price before 5 pm.

Posted by SHQuah > 2019-12-05 07:35 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3007370

Posted by William Ng > 2019-12-05 07:45 | Report Abuse

0.645 good price to enter?

Posted by SHQuah > 2019-12-05 08:30 | Report Abuse

Net Tangible Asset 0.74 cents. Cash Rich. Zero bank loan. Dividend 5.74%
0.645 undervalue.

Posted by Goh Kim Hock > 2019-12-05 11:54 | Report Abuse

good management and experienced. This is what I like. Very stable. Don't simply borrow loan and to incur unveccesary interests expenses.

Posted by Grova1 > 2019-12-10 01:18 | Report Abuse

https://www.theedgemarkets.com/article/cccecrl-ramp-construction-work-1st-quarter

Construction activities for East Coast Rail Link (ECRL) will be ramped up soon in Pahang. Jobs for the subcontracts are expected to be awarded in the first quarter of next year.

More and more tenders will start next year. I guess the gains will soon be reflected in the financial reports next and hopefully, the share price will follow suit. :) I have been buying since the beginning of 2018. Hopefully my decision is correct! XD

Posted by VegeKingII > 2019-12-10 09:32 | Report Abuse

All in

Posted by Goh Kim Hock > 2019-12-10 23:02 | Report Abuse

順境, 逆境 this company still make profit. Thumbs up.

Posted by SHQuah > 2019-12-13 15:57 | Report Abuse

Bandar Malaysia projects to sign agreement on Tuesday. Hopefully they require some OKA contribution in this projects.

Posted by Grova1 > 2019-12-13 16:51 | Report Abuse

There is no way for tiny shareholders to know what's going on inside. However, with the track record of the management, I'm confident that OKA will benefit from the project one way or another next year. I'm quite optimistic with the projected performance.