OMESTI BHD

KLSE (MYR): OMESTI (9008)

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Last Price

0.14

Today's Change

-0.01 (6.67%)

Day's Change

0.14 - 0.145

Trading Volume

985,300


7 people like this.

1,717 comment(s). Last comment by curiousq 1 week ago

wee2000

246 posts

Posted by wee2000 > 2021-03-22 15:53 | Report Abuse

the preference share can't be converted. its an individual share that gives u 5% dividend & worth rm1 when company buys it back. tenure is 5yrs expiry.

wee2000

246 posts

Posted by wee2000 > 2021-03-22 18:08 | Report Abuse

warrant exercise rm0.50

Posted by jvandort > 2021-03-24 17:38 | Report Abuse

Can someone help me out, I have 50000 O Mesti PR shares. What can I do now. ?

wee2000

246 posts

Posted by wee2000 > 2021-03-24 19:25 | Report Abuse

yesterday is the last payment date, if u didn't subscribed, today all those is considered burned.

Posted by jvandort > 2021-03-25 06:31 | Report Abuse

Wow. Thanks for the info.

Lpc1225

129 posts

Posted by Lpc1225 > 2021-03-29 22:51 | Report Abuse

Anybody knows the listing date of the free warrants?

wee2000

246 posts

Posted by wee2000 > 2021-03-30 16:51 | Report Abuse

7th April.

Lpc1225

129 posts

Posted by Lpc1225 > 2021-03-30 18:50 | Report Abuse

TQ wee2000

wee2000

246 posts

Posted by wee2000 > 2021-03-30 19:30 | Report Abuse

Wc, its RI oversubscribed by 33%. Whereas INSAS oversubscribed by 29%.

AlfI3

1,249 posts

Posted by AlfI3 > 2021-03-31 12:03 | Report Abuse

But Insas convertable to mother share, unlike Omesti. If hold till 5 yrs maturity, the yield is superb. Unlike Insas, ony provide annual fair coupon rate

wee2000

246 posts

Posted by wee2000 > 2021-03-31 17:44 | Report Abuse

INSAS & OMESTI shares the same rights exercise. both is preference share, only would be bought back by company at rm1. Its non-convertible. As far as i know..

Lpc1225

129 posts

Posted by Lpc1225 > 2021-03-31 21:00 | Report Abuse

1 insas WC and 0.9 insas RPS can be converted to 1 insas share.

AlfI3

1,249 posts

Posted by AlfI3 > 2021-04-01 17:16 | Report Abuse

no insas conversion rekods till todate. Not worth it to convert

Posted by SaraInvestment > 2021-04-02 21:44 | Report Abuse

Hold tight

wee2000

246 posts

Posted by wee2000 > 2021-04-06 19:19 | Report Abuse

tomorrow is the listing of PR + warrants.

AlfI3

1,249 posts

Posted by AlfI3 > 2021-04-07 06:38 | Report Abuse

Lately, mkt had consolidated well. Today shud see some rebound impetus rite?

firehawk

4,771 posts

Posted by firehawk > 2021-04-07 09:28 | Report Abuse

If buy PB @0.85(RM850), hold to maturity,
250+150 =400.

400 /850 = 4.07%.

5 years return 47.0%, good?

firehawk

4,771 posts

Posted by firehawk > 2021-04-07 09:40 | Report Abuse

should be better than epf :D

jack8

49 posts

Posted by jack8 > 2021-04-07 09:42 | Report Abuse

much higher return than Insas-pb

wee2000

246 posts

Posted by wee2000 > 2021-04-07 10:42 | Report Abuse

should rm50+150, right? if u bought 1000 unit, its 1000 x 0.85
dividend is 5% of 1000(based on rm1 PR), should be rm50.
capital gain from PR is 0.15 x 1000 = 150.

wee2000

246 posts

Posted by wee2000 > 2021-04-07 10:44 | Report Abuse

5 yrs of dividend is 5yr x 5% = 25%
capital gain of rm150 over rm850 invested is 17.65%

jack8

49 posts

Posted by jack8 > 2021-04-07 10:45 | Report Abuse

wee2000, firehawk calculation is base on 5 years, 5 years dividend is 50x5 = 250 + capital gain 150

CharlesT

14,572 posts

Posted by CharlesT > 2021-04-07 10:57 | Report Abuse

Whoever went thru the rights issues also lose money

Looks like not easy to make fm Kok Kee

CharlesT

14,572 posts

Posted by CharlesT > 2021-04-07 11:00 | Report Abuse

Last PR closing price is RM0.115 + Rm1.00-= RM1.115
PA RM0.84 + 2.33 WC (0.11) = RM1.09+

wee2000

246 posts

Posted by wee2000 > 2021-04-07 12:15 | Report Abuse

disappointed after waited for a month on the exercise

firehawk

4,771 posts

Posted by firehawk > 2021-04-08 08:19 | Report Abuse

PB being sold at such low price, probably could be due to the PR subscription package .... bcos if adding all up PR, PB, WC, is still break even (no loss), so, they can sell the PB at such low price .....

They are people buying subscription rights for a one-off gain, not intend to hold long. They get back their capital and look for other RI ......

Compare to the same type, Insas-PB, Omesti-PB is obviously cheaper ..... while Insas could be in better financial strength, default on this Omesti-PB is quite unlikely. As long as Omesti is capable to redeem, financial strength of the issuers shouldn;t be too much concerned.

Moreover, the proceeds from PB is mainly for funding the project awarded by TM, this is quite a well defined financial borrowing, which makes the default even lower!

Hope the PB price will move up to match those the same type, after the selling wave subsides ...... :-)

Peace99

2,233 posts

Posted by Peace99 > 2021-04-08 13:51 | Report Abuse

@CharlesT, now the WC @0.15 so untung liao! If mother bought @50sen, can afford to sell PB@70 Sen still makes profit. So, PB can go down more as some ppl may not want to wait 5years!

uptrending

1,852 posts

Posted by uptrending > 2021-04-08 18:50 | Report Abuse

Money is in the waiting..
Just wait for 1 day only, WC has gone up from 11-12 to 15 :)

wee2000

246 posts

Posted by wee2000 > 2021-04-09 08:42 | Report Abuse

Not practical to get mother at 50c prior to the RI ex-date. Lower ones is at 54c.
Lets just wait, as the PB price is quite illogical at this moment. 5% annual dividend at $1, good prospects in future business.

Peace99

2,233 posts

Posted by Peace99 > 2021-04-09 15:10 | Report Abuse

@wee2000 Good point. WC shoots up, supposey this means ppl have confidence in company's future. Care to share more of your views of "good prospects"?

Posted by market101 > 2021-04-09 17:08 | Report Abuse

WC shoots up doesn't reflect ppl confidence in the company. Warrant price usually due to speculations. However the PB price does reflect ppl confidence.The lower the PB price the less the confidence in the company and public perception of default. Just compare Insas PB and Omesti PB .

Peace99

2,233 posts

Posted by Peace99 > 2021-04-09 17:19 | Report Abuse

@market101 Thanks for explaining. Just now, mother shot up 10% Of course, very happy but wondering what's the push factor?? The most recent news is the court case with SSM. Is it because Omesti has good chance to win?

Peace99

2,233 posts

Posted by Peace99 > 2021-04-09 17:24 | Report Abuse

I saw Omesti wining quite s few contracts and the RI was to support the 95 mil TM project, that's why I participated in RI!! With this 10%up,breakeven and moving into profit :)

caonima

367 posts

Posted by caonima > 2021-04-09 19:09 | Report Abuse

vol rise and breaking new high, uptrend soon...

Posted by Batman_Return > 2021-04-09 21:13 | Report Abuse

Tp rm2.00 can?

Posted by SaraInvestment > 2021-04-10 12:17 | Report Abuse

warm up only, more to come

caonima

367 posts

Posted by caonima > 2021-04-12 10:00 | Report Abuse

for those not yet onboard, time to say goodbye...

Peace99

2,233 posts

Peace99

2,233 posts

Posted by Peace99 > 2021-04-12 12:37 | Report Abuse

@market101, As I read more into Omesti, more confident with Omesti. Can't see it defaulting. Besides quite many significant contracts, it's also selected as one of Huawei's partners last year. So will sit back and let Omesti grows :)

rwsrws

25 posts

Posted by rwsrws > 2021-04-15 12:12 | Report Abuse

back to 0.495, cant sustain zz

Posted by Edwardong53 > 2021-04-25 13:28 | Report Abuse

Any one advise whether it is worthwhile to buy Omesti PB + WC instead of the mother shares

vanbasten9

1,143 posts

Posted by vanbasten9 > 2021-04-26 19:32 | Report Abuse

i got warrants hehehhehehe

marubozuu

51 posts

Posted by marubozuu > 2021-05-26 18:42 | Report Abuse

This is good or goreng counter

Posted by chaisoonkon > 2021-05-28 18:25 | Report Abuse

limit up sure ,cos microlink QR very good .

BestOne

319 posts

Posted by BestOne > 2021-06-25 17:18 | Report Abuse

It's time to fly... good closing at 0.44 tday.. hope more next week!

Michael Kwok

6,066 posts

Posted by Michael Kwok > 2021-07-04 12:22 | Report Abuse

NO.Putting range of 35-38 cents as buying price.Maybe can reach in 5-10 trading day.After tht Tp price 50 cent range.

uptrending

1,852 posts

Posted by uptrending > 2021-07-08 22:56 | Report Abuse

Director came out to buy @0.41, 1m; @0.42, 1.025m, @0.43, 60k... More to come, check daily announcements...

Posted by PennyStock123 > 2021-07-16 14:43 | Report Abuse

once break resistance at 0.465....will fly

Peace99

2,233 posts

Posted by Peace99 > 2021-07-23 11:18 | Report Abuse

Not bad!

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