Money show off on the table of OSK Holdings Berhad

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OSK Holdings reported a second-quarter income of RM336.4 million, with a profit before tax of RM94.27 million, or RM83.50 million or a 33% increase in revenue and pre-tax profit of RM28.30 million. Increase by 43%.

Dao Wang's photo.

NTA Net Asset Value: RM2.30, PE: 4.86.
OSK Holdings will leave the money on the table to show off, no one believes?


Dao Wang's photo.

In 2014, when OSK took over OSKP and PJD at a price below market value, minority shareholders had a very poor impression of the board of OSK.


Since then, OSK has had a bad reputation for being jealous and unfairly treating to minority shareholders.


However, OSK defended by following the rule of the market and explained with so called the long-term prospects of  OSK for shareholders.

After the past five years, OSK's market capital has not grown as expected, but it has actually declined. Despite the company's good business performance, the Bonus Issue and Warrant warrants were paid to pay dividends and continue to grow on the business.

Dao Wang's photo.This shows how the market and shareholders do not trust OSK.

As the company's profitability continues to grow, it's like the money accumulated by OSK, but the market is clearly not convinced.
Dao Wang's photo.

But showing off too much money on the table, sooner or later it will be robbed by someone, what do you think?

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