Who is fast first to get it? Siapa cepat dia dapat?
At the end of the year, most of the properties companies in Malaysia busies with home ownership campaign including OSK properties with "Siapa cepat dia dapat" (who is fast first to get it ) campaign. The Home Ownership Campaign (HOC) is a government initiative designed to support home buyers looking to purchasing property. At the same time, it's also to encourage the sales of unsold properties in Malaysia’s housing market. The campaign was targeted to run from 1 January 2019 through to 30 June 2019, but it was recently announced by the Housing and Local Government Minister that it would be extended to 31 December 2019.
At the end of the year, also normally most investors are reviewed their investment portfolio. I think it's also for 19,220 shareholders of OSK holdings to know how well is OSK Holdings doing.
If we just reviewed the trend of the stock price of OSK Holdings for the last few's year, it had been flatted below RM 1 after it's dropped since 2015 at high around adjusted price of RM1.2. So moving forward whether OSK Holdings still attractive to hold or invest? If just looking at the stock price movement, it's not impressive or attractive at all. The only good returns for the investors were the dividends around 5% that consistently distributed by OSK Holdings twice a year. The bonus issues or warrant distributed to investors in 2015 and 2017 had never been given any additional value to the long term investors. The board of directors and management of OSK Holdings should be answerable for that.
At the end of the year, also normally most investors are reviewed their investment portfolio. I think it's also for 19,220 shareholders of OSK holdings to know how well is OSK Holdings doing.
If we just reviewed the trend of the stock price of OSK Holdings for the last few's year, it had been flatted below RM 1 after it's dropped since 2015 at high around adjusted price of RM1.2. So moving forward whether OSK Holdings still attractive to hold or invest? If just looking at the stock price movement, it's not impressive or attractive at all. The only good returns for the investors were the dividends around 5% that consistently distributed by OSK Holdings twice a year. The bonus issues or warrant distributed to investors in 2015 and 2017 had never been given any additional value to the long term investors. The board of directors and management of OSK Holdings should be answerable for that.
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| The stock price trend of OSK Holdings after adjustment since 2003 to YTD |
However, let take a closer look on the businesses of at how OSK Holdings recently quarters performed?
No doubt, OSK Holdings Berhad businesses had been performed significance well for the last few years and especially recent few quarters. The QoQ profit growth and YoY revenue and profit growth however didn't reflect into the current stock market price. Don't you think that the retained value accumulated to be consolidated and reflected in the near future?
These had been a real test of patient for the small shareholders especially those holding with the OSK WC that will be at maturity in 7 months of July 22, 2020. Don't you think that the major shareholders that holding the most percentage of OSK WC concerns of their OSK WC turning into zero value?
With the current economic performance of OSK Holdings, NTA now at RM2.37, PE at 4.59, EPS of 20.72 sen and DY of 5.26%. Don't you think it's like "Siapa cepat dia dapat" (who is fast first to get it ) campaign. Don't you think that it's the last call for cheap sale before it's at rounding bottom and to be rise very soon?
It's really very rare timing and opportunities... last called ...really at your own "risks"....sound funny to major shareholders of OSK Holdings with an eye closed. Even if the major shareholders dream and tried very hard if can privatize the stock and make the retained value accumulated into his owned pocket especially the 10% RHB shares, the efforts will not be as easier without a good offering to all the small holders.
- KUALA LUMPUR, Nov 25 — OSK Holdings Bhd’s net profit rose to RM107.58 million for the third quarter ended Sept 30, 2019, from RM63.52 million a year earlier mainly driven by its property and financial services businesses.
- OSK 3Q net profit surges 69.4%, driven by property, financial services ops
- OSK's 2Q net profit jumps 50%, declares 2 sen dividend
- OSK partners Japan's Marubeni to bid for large scale solar project
- OSK posts stronger 1Q on higher property, financial services contributions
No doubt, OSK Holdings Berhad businesses had been performed significance well for the last few years and especially recent few quarters. The QoQ profit growth and YoY revenue and profit growth however didn't reflect into the current stock market price. Don't you think that the retained value accumulated to be consolidated and reflected in the near future?
These had been a real test of patient for the small shareholders especially those holding with the OSK WC that will be at maturity in 7 months of July 22, 2020. Don't you think that the major shareholders that holding the most percentage of OSK WC concerns of their OSK WC turning into zero value?
With the current economic performance of OSK Holdings, NTA now at RM2.37, PE at 4.59, EPS of 20.72 sen and DY of 5.26%. Don't you think it's like "Siapa cepat dia dapat" (who is fast first to get it ) campaign. Don't you think that it's the last call for cheap sale before it's at rounding bottom and to be rise very soon?
It's really very rare timing and opportunities... last called ...really at your own "risks"....sound funny to major shareholders of OSK Holdings with an eye closed. Even if the major shareholders dream and tried very hard if can privatize the stock and make the retained value accumulated into his owned pocket especially the 10% RHB shares, the efforts will not be as easier without a good offering to all the small holders.
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