OKA CORPORATION BHD

KLSE (MYR): OKA (7140)

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Last Price

0.71

Today's Change

0.00 (0.00%)

Day's Change

0.71 - 0.71

Trading Volume

37,000


10 people like this.

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

VegeKingII

347 posts

Posted by VegeKingII > 2019-12-16 09:07 | Report Abuse

來了

loico

151 posts

Posted by loico > 2019-12-16 09:47 | Report Abuse

today

bursabull

123 posts

Posted by bursabull > 2019-12-16 10:42 | Report Abuse

OKA is expected to benefit from the improvement of the construction industry's prospects. i.e. more and more upcoming big Construction project, e.g. Bandar Malaysia, ECRL, Pan Borneo Highway etc. The company also holds a net cash of 19.2 cents per share and a dividend yield of 5.6%, which is attractive enough to accumulate !!!

SHQuah

5,363 posts

Posted by SHQuah > 2019-12-16 12:46 | Report Abuse

OKA have a plant in Johor cater for IWC projects. Bandar Malaysia another big projects. OKA bosses don't.play golf with Najib but play Mahjong with Ekovest boss.

Grova1

112 posts

Posted by Grova1 > 2019-12-16 16:11 | Report Abuse

Hopefully the trading volume will sustain until the price go beyond my average price. The NTA per share of OKA is RM 0.74. With EPS of RM 0.0508 and DPS RM 0.037, basing on P/E ratio of 15 (which is considered quite low if OKA can tap into the big projects in the pipeline), I think the intrinsic value of OKA is at least RM 0.95. So, whether or not the trading volume sustains tomorrow, I'm gonna keep buying it. XD.

VegeKingII

347 posts

Posted by VegeKingII > 2019-12-19 09:24 | Report Abuse

Uptrend confirmed

yesyesyes

727 posts

Posted by yesyesyes > 2019-12-19 09:59 | Report Abuse

wow nice ..

Grova1

112 posts

Posted by Grova1 > 2019-12-24 19:19 | Report Abuse

The following is an extract from the financial report 2019:

Future Outlook and Prospects

Whilst the outlook for the coming next few years for the Group remains challenging amidst the intensifed competition, unresolved global trade conflicts, potential slowdown in the Chinese economy, volatile commodity prices, downside risk of the Malaysian economic growth, these weaker expected climate in terms of business confidence and consumer sentiments will inherently put a damper on the outlook of the Group for the FYE 2020.

However, 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. (This is the main part)

Do you think will the February quarterly report bring us good news?

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-04 16:45 | Report Abuse

Today thestar paper, OKA under 20 top pick stocks recommended for 2020.

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-06 07:36 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/01/04/top-20-stock-picks-for-2020

Head of Research JF Apex Securities Bhd
Stock Picks: Oka Corp Bhd

We see upside potential for the shares of this building-materials company, supported by several catalysts.

Firstly, the group is envisaged to benefit from the improving outlook of the construction prospects, following the revival of several mega infrastructure and property projects such as the Light Rail Transit 3, Klang Valley Double Track Phase 2, East Coast Rail Link, Bandar Malaysia, and KL-Singapore high-speed rail.

As a leading precast concrete manufacturer, with a proven track record of supplying building materials to mega projects in the country, we believe Oka group could clinch sizeable orders in the near future.

Secondly, we believe worst is over for the group. After a dismal showing for the financial year (FY) ended March 30,2019, where Oka’s net profit fell 55% to RM11mil from RM24.6mil in the preceding year, Oka could see its bottom line improve for FY2020.

This is evidenced by its earnings recovery, with a net profit of RM7.8mil for the first half of FY2020.

We expect Oka to post earnings of RM15mil for FY2020, which represents an annual growth of 36.4%. Its net earnings could further strengthen to RM21mil for FY2021.

In addition, its decent dividend yield of around 5% for FY2020 (assuming a dividend per share of 3.7 sen as per last financial year and based on current share price) should lend support for the stock.

Posted by Armada An Quantum Leap Stock In 2019/2020 > 2020-01-06 11:31 | Report Abuse

Thx quah
for such pieces of the good new

VegeKingII

347 posts

Posted by VegeKingII > 2020-01-06 15:33 | Report Abuse

Limit up

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-13 08:47 | Report Abuse

I hope they will push the price to RM1.00 then proposed Bonus issues 1 for 1 again.

Posted by EatCoconutCanWin > 2020-01-13 14:35 | Report Abuse

today can 0.83?

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-13 18:44 | Report Abuse

Need to break 80 cents first then all the way up.

Posted by EatCoconutCanWin > 2020-01-13 22:17 | Report Abuse

So tomorrow 0.83?

Grova1

112 posts

Posted by Grova1 > 2020-01-13 23:30 | Report Abuse

I think you will see the breakthrough after CNY before the release of the quarterly report. (Many would have predicted improved results for this counter).

Posted by EatCoconutCanWin > 2020-01-14 07:47 | Report Abuse

CEO ,Today can goreng up to 0.83 ?

Posted by EatCoconutCanWin > 2020-01-14 21:59 | Report Abuse

Omg.. what happened?

Posted by EatCoconutCanWin > 2020-01-15 07:50 | Report Abuse

Hi... Good morning.. every one ready for shoot up today? TP 0.88

Posted by EatCoconutCanWin > 2020-01-15 11:59 | Report Abuse

I heard chinhin merge with oka, is this true?

Grova1

112 posts

Posted by Grova1 > 2020-01-15 12:07 | Report Abuse

Lol. where did you hear the news from?

Posted by EatCoconutCanWin > 2020-01-15 13:17 | Report Abuse

i saw oka and chinhin pipe at roadside. the contractor using both.

Posted by EatCoconutCanWin > 2020-01-15 16:37 | Report Abuse

move liao cement counter...

Posted by EatCoconutCanWin > 2020-01-16 08:59 | Report Abuse

good morning troopers...

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-16 16:42 | Report Abuse

EatCoconutCanWin.......Don't just eat coconut. Please Eat OKA shares only then we can win.

Posted by EatCoconutCanWin > 2020-01-16 17:34 | Report Abuse

wait ...i ask Trump buy oka

Posted by EatCoconutCanWin > 2020-01-17 08:32 | Report Abuse

US market new high.. prepare for shot up today? GO go OKA!

Posted by EatCoconutCanWin > 2020-01-17 09:30 | Report Abuse

halo halo... oka CEO... dont sleeping...wake up ...pls..

Posted by EatCoconutCanWin > 2020-01-17 16:33 | Report Abuse

come on la CEO, CNY everybody huat mah... goreng goreng a bit la...please....GongXiFaChai..

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-18 09:13 | Report Abuse

Please break 80 cents next week and go all the way up to RM1.00. then propose bonus issue 1 for 1 again.

bsngpg

2,842 posts

Posted by bsngpg > 2020-01-18 10:03 | Report Abuse

Looking forward for higher dividend is the most practical hope on this old man counter OKA.

Grova1

112 posts

Posted by Grova1 > 2020-01-20 07:23 | Report Abuse

I think if the coming quarterly report shows drastic increase in profit, there is a high chance for the share price to shoot up.

excelyou

1,255 posts

Posted by excelyou > 2020-01-20 09:24 | Report Abuse

M Online Technical Trading Stocks - 20 Jan 20

Stock Name: OKA (7140)
Entry: Buy above RM0.78
Target: RM0.815 (4.5%), RM0.84 (7.7%)
Stop: RM0.75 (-3.8%)
Shariah: Yes
Technical: Flag-formation breakout

Stock Name: SCANWLF (7239)
Entry: Buy above RM0.255
Target: RM0.28 (9.8%), RM0.290 (13.7%)
Stop: RM0.23 (-9.8%)
Shariah: Yes
Technical: Monitor for breakout

Source: Bloomberg, M Online

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-20 11:30 | Report Abuse

https://www.theedgemarkets.com/article/oka-corp-may-rebound-higher-says-rhb-retail-research

RHB Retail Research said OKA Corp Bhd may rebound higher.
“Towards the upside, the immediate resistance is at 83 sen. This is followed by the 87.5 sen level,” it said.

Posted by EatCoconutCanWin > 2020-01-20 17:49 | Report Abuse

go go OKA. CNY angpow lai lo.. HENG ONG HUAT AH!!!!

Posted by Darius Tanz > 2020-01-21 01:18 | Report Abuse

http://netflyp.com/index.php/2020/01/20/2544/

Longer term technical outlook for oka seems good as well. Holding fr long term + trade shorter term + collect dividend n reinvest along the way.

Posted by EatCoconutCanWin > 2020-01-21 07:54 | Report Abuse

Today can 0.83?

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-21 11:07 | Report Abuse

Expect next month quarterly result very good compare to previous year.

Posted by EatCoconutCanWin > 2020-01-21 11:54 | Report Abuse

Wake up Oka.. try up like penta.yeehaa

Posted by EatCoconutCanWin > 2020-01-21 15:44 | Report Abuse

Luckily I sold at 78cent

Grova1

112 posts

Posted by Grova1 > 2020-01-21 21:14 | Report Abuse

Why do you sell so early EatCoconutCanWin? Lol

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-22 07:54 | Report Abuse

EatCoconutCanWin.......you should start EatPineappleCanSureWin.

Posted by EatCoconutCanWin > 2020-01-22 08:30 | Report Abuse

pai seh.. i invest for short term only. wish you all Gong Xi Fa chai..

Grova1

112 posts

Posted by Grova1 > 2020-01-22 09:49 | Report Abuse

I see. Gong Xi Fa Chai!

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-24 11:57 | Report Abuse

To all OKA shareholders and OKA Bosses......wishing you all a very Happy and Prosperous new year.

SHQuah

5,363 posts

Posted by SHQuah > 2020-01-28 10:24 | Report Abuse

Penang airport expansion, yesterday I saw a lot of OKA building materials in airport construction site.

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