Investment Theme of OSK Holdings Berhad

During COVID-19 pandemic: short term obviously are tough times, but will it better for the long term? The core PBT compound annual growth rate of 18% for the five years trend from year 2015 to 2019. These excludes the one-time disposal transaction gain of the group. However, how much will the current economic situation will impacts to overall business of OSK in 2020? There are no analysts report for this stock in which investors can refer to, the alphaindicator research report on May 19, 2020 score for OSK Holdings reached its 3-year high of 10 this week. OSK is currently among an exclusive group of 49 stocks awarded by Refinitiv alphaindicator highest score of 10. The recent change in the Average Score was primarily due to an improvement in the Price Momentum component score. The Fundamental Rating for OSK Holdings improved significantly over the last quarter from 5 to 8. The current rating is considerably more bullish than the Real Estate Operations industry group average of 5.0. The...

A share repurchase is a transaction whereby a company buys back its own shares from the marketplace. It's a way for companies to return value to shareholders on top of dividends. The Shareholders of OSK Holdings, by a special resolution passed at the Extraordinary General Meeting held on 18 December 2000, approved OSK Holdings’ plan to repurchase its own ordinary shares. The Company has annually obtained the approval of the Shareholders to repurchase its own ordinary shares not exceed 10 percent of the total number of issued, or an amount not exceeding the Company’s retained profits. The shares purchased may be retained as treasury shares, cancel/resell, or distribute as dividend. From the share buybacks records of OSK Holdings in the annual report: From the recent share buybacks of 14/1/2020: Buyback yield is the net repurchase of shares outstanding over the market capital of the company. It is a measure of shareholder return. Although that the tota...

Most investors focus on the value of market capital gains and dividend distributions. Let start with stock price of OSK, overall price momentum 1 year return of 3.9% uptrend. Also with payout dividend of 5 sen which was dividend yield of 5.4% in 2019. Many however think this is not enough. The next question is what will be the outlook of OSK in 2020? Let's review the trends were reported in the news in 2019 on OSK whether are more positive, neutral or negative. News in 2019 + = Positive OSK's Luminari completed 10 months early 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 posts stronger 1Q on higher property, financial services contributions Untung bersih OSK RM346.05 juta 0 = Neutral Johan to sell land to OSK unit for RM127 mil HR Asia Announces Malaysia's Best Companies to Work for in Asia Hilton to Enter Damai Laut with Debut of DoubleTree by H...

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 ...

One of Warren Buffet's most famous sayings is " Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1." Another one is "If the business does well, the stock eventually follows." The third is "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." So how can he tell us to never lose money? Buffett invests only in companies he thoroughly researches and understands. He doesn't go into an investment prepared to lose, and neither should you. There is never any complete protection from this happening. It happens to the best of us but the trick is to try to minimize your loses and protect yourself by giving yourself a margin of safety. A margin of safety is principle of investing that in which you the investor will only purchase a stock if it is below its intrinsic value. Warren Buffett used to insist on a 50% margin of safety when he was purchasing stocks. Next question. What...

What price should OSK Holding Berhad worthy of? Because there are no guidance reports from any analysts, let do some simple mathematics calculation. Based on the market price of cause it's just RM 0.955 per share of market cap of about RM 2 billions with a price earning ratio PE of 5.13 and NTA of RM 2.3. It's seem to be a very simple mathematics right? But what if there are some third parties or capital investment companies today announce that they want to have full acquisition of the whole business of OSK Holdings Berhad and making it private.  Then, at what price should OSK Holding Berhad worthy of? um The third parties willingness to pay a full acquisition offer of premium offer price or more than 150% of the market price of RM 1.50 per share of about a capital purchased RM 3 billions cash to own the whole OSK businesses. Are you willing to accept the deal? Is the offer price reasonable or fair? How about whether the major shareholders willing to sell at this...

Why are there so many listed companies want  to involve in solar power generation recently? The reason is of course the technology, cost, profitability and government policy impact of solar power generation. Global power generation trends focus on environmental protection and cost, so renewable energy is imperative. Malaysia is a country with four seasons like summer, and it is most suitable for developing solar power. If the government wants to reach the 20% target of renewable energy in 2025, it will need to invest about RM 33 billion. Putrajaya called for bids for an estimated RM2 billion worth of projects under LSS3 to increase electricity generation from renewable energy. According to Energy, Technology, Science, Climate Change and Environment Minister Yeo Bee Yin, it is an open tender and whoever give the lowest price for the first 500 megawatts (MW) and having passed all the required financial and technical qualifications will be the winner of the bidding exercise. ...

OSK Holdings Berhad is not quite fashionable as one of the 15 selected conglomerates with top two in dividend yield of 5.32% with best P/E of 5.01 not only could have good yields and very likely with full potential in capital gaining in future waiting ahead. There's no shame in losing money on a stock. Everybody does it.  What is shameful is not to hold on to a stock that obviously provide the best values and yields, or worse, to not buy more of it when it's in dip with the most under value and the fundamentals are improving and businesses are growing. It's a matter with the right timing, this stock price will fly to the sky. Source: The Edge Financial Daily  https://www.theedgemarkets.com/article/investing-conglomerates-not-quite-fashion-could-have-good-yields

From peer comparison of OSK whether with Bursa market overall investment banks/brokers or property industry, OSK is far better in term on PE, Price/NAV and Dividend Yield.  Source: Form BursaMKTPLC Alphaindicator Thomson Reuters Report  Date: 13 September 2019 OSK also performed and score much better for the last six months as compare to Ecoworld, Mahsing or UEMS.   However the OSK market price and volume had been negative returns for the last 1 to 5 years of -4.1% and -35% respectively. Will that mean huge opportunities for OSK to make a positive return soon as the business growth recently??? Source: Form BursaMKTPLC Alphaindicator Thomson Reuters Report  Date: 13 September 2019 Source: Form BursaMKTPLC Alphaindicator Thomson Reuters Report  Date: 13 September 2019 From the indicators of price momentum, valuation, fundamental & risks, OSK had an average high score as compare to many pe...

For the last five years OSK Holdings Berhad stock price had been significantly dropped in reverse of the accumulated value of NTA and business improvements. Also provide relatively decent dividend for the last 10 years but still the market undervalued the stock. Stock price RM 0.945 versus NTA of RM 2.3 NTA (after adjustment*) 2013 - RM 1.79* 2014 - RMr 1.90* (RHB - 9.9%) 2015 - RM 1.97* (OSKP-PJD merger, Bonus issue 1:4, OSK WC issue, RHB - 10.1%) 2016 - RM 2.06* 2017 - RM 2.19 (Bonus issue 1:2) 2018 - RM 2.21 2019 Q1 - RM 2.27 2019 Q2 - RM 2.3 Dividend yields 2013 - 4.55% 2014 - 3.69% 2015 - 12.27% 2016 - 5.36 % 2017 - 5.61% 2018 - 5.18% 2019 YTD - 5.29%  Any comments from any  intelligence investors?

OSK Properties Development is The Highest Growth in Profit After Tax over 3 years Under the Property Sector for Companies with Market Capitalisation Below RM 3 billion. As at 30 June 2019, the Group has unbilled sales of RM1.62 billion. Currently has land bank of 1,722 acres with an estimated GDV of RM 10.60 billion. Existing on-going projects amounting to RM1.68 billion. Will launch 2 new projects with a combined GDV of RM271.57 million in second half of year 2019. Among the project included of :  Partnership with EPF to develop Melbourne project with GDV of RM9.4bil. OSK Property Holdings Bhd is developing Ryan & Miho, with a GDV of RM595 million, on the Redevelopment opportunities in PJ Section 13. In 2019 launched the last phase of its You City development in Cheras 9th mile, with a gross development value of RM 488 mil, You City III.  Award Winning Properties Developer OSK Holdings once again took home The Edge Billion Ringgit Club...

OSK Holdings Berhad had been provided good dividend yields record 2013 - 4.55% 2014 - 3.69% 2015 - 12.27% 2016 - 5.36 % 2017 - 5.61% 2018 - 5.18% 2019 (YTD) * - 5.41% If you hold OSK Holdings Berhad since 2013, you had received of 58 sen per share. 2013 5 sen 2014 7.5 sen 2015 22.5 sen 2016 5 sen 2017 7.5 sen 2018 5.5 sen 2019 5 sen

Regarding OSK Holdings Berhad, there are actually many shareholders who invest. In 2018, there are more than 24 thousand shareholders, 5 major shareholders hold 52%, 892 shareholders hold about 36.9%, and other 20 plus thousand shareholders hold about 11% of the shares. But if you want to invest in OSK, you find that you can't look at OSK with fundamental analysis or technical analysis. Therefore, many "experts" or senior investors are not willing to comment much on this stock, because the OSK's trend is completely unreasonable, it is difficult to say anything of prediction. Another thing is the OSK boss seems to be reluctant to spend a penny on analysts, so there have been no analysis reports for many years. So how do you see the OSK? It’s only the OSK boss who knows himself. If you are an OSK boss, how do you look at the OSK business? Then you have to look at the report. First, what are the cards in the OSK business? Everyone knows that OSK has five cards. The...