In brief, I summarise what I see in OSK below-
Catalysts to share price
Good upcoming quarterly results
Potential sale of their 10% RHB Bank stake
Re-activation of their cable business listing in HK
Potential listing of their property assets on Bursa
Potential listing of a REIT of their aseets
Potential special dividend from catalysts 2 to 5
Unfairly undervalued, current share price only reflect their RHB Bank stake.
Technically have not rebound much since December bottom.
Positive factors
Good conservative management.
Low debt co
Assets rich co
Always profitable co
Trading at 42% of NTA
Negative factors
Low volume stock
Property sector overall not good
Target
1st level - RM 0.95 cents
2nd level - RM1.00
3rd level - RM 1.05 (near 52 week high)
Trade at your own risk.
Good day.
https://klse.i3investor.com/blogs/BumBleBee/190804.jsp
