Company Description OSK Property Holdings Berhad, an investment holding company, engages in the property development and management, as well as the management and sale of oil palm fruit bunches in Malaysia. It develops various residential, commercial, and industrial properties, as well as offers property management services.
Company Info
Market Capital (Capital Size) 237,594,576 (Small) Par Value RM 1.00 Board Main Sector Properties Major Industry Property Development Sub Industry Property Investment & Management Website http://www.oskproperty.com.my/
My Analysis
Forecast P/E now (0.975-0.05625)/0.1358 = 6.77 (Moderate) Target Price 1.02+0.05625 = 1.07 (PE 7.5, EPS 0.1358, DPS 0.05625) First Support Price 0.96 Second Support Price 0.92 Risk Rating MODERATE
Accounting Ratio
Return on Equity 8.54% Dividend Yield 5.77% Gross Profit Margin 28.46% Operating Profit Margin 15.72% Net Profit Margin 14.49% Tax Rate 23.64% Asset Turnover 0.2423 Net Asset Value Per Share 1.69 Net Tangible Asset per share 1.69 Price/Net Tangible Asset Per Share 0.57 Cash Per Share 0.54 Liquidity Current Ratio 1.846 Liquidity Quick Ratio 0.9067 Liquidity Cash Ratio 0.5105 Gearing Debt to Equity Ratio 1.3519 Gearing Debt to Asset Ratio 0.5641 Working capital per thousand Ringgit sale 101.6% Days to sell the inventory 633 Days to collect the receivables 169 Days to pay the payables 589
Technical Analysis
SMA 10 0.979 (Downtrend) SMA 20 0.998 (Downtrend 9 days) SMA 50 0.983 (Uptrend) SMA 100 0.96 (Uptrend) SMA 200 0.941 (Same) MACD (26d/12d) -0.007984 ( 3.3e-05 ) Signal (9) -0.002071 ( 0.001478 ) MACD Histogram 0.005913 (Bearish trend 18 days)Bolinger Upper Band 1.057 Bolinger Lower Band 0.939
My notes based on 2012 quarter 4 report (number in '000):- OSKPROP latest news (English) OSKPROP Latest news (Chinese) Financial Quarter Summary Open in New Window
a_date year qrt h_price l_price div roe c_roe rev c_rev pbt c_pbt prof c_prof eps c_eps asset c_asset liab c_liab mino equi cfo cfi cff cash fcf net final share c_share m_cap date gros_m oper_m prof_m vat asset_t pe navps ntaps p/ntaps cps l_cur l_qui l_cash g_de g_da avg_w inv_d rec_d pay_d 2013-02-07 2012 4 N/A N/A 0.01875 1.30% 8.54% 54703 215605 7928 50368 4797 31521 0.0197 0.1436 889726 478148 501925 259022 16528 387801 72834 35424 5943 100766 37410 31467 132233 243519 219499 233778 2012-12-31 28.46% 15.72% 14.49% 23.64% 0.2423 6.685 1.69 1.69 0.57 0.54 1.846 0.9067 0.5105 1.3519 0.5641 101.6% 633 169 589 2012-11-08 2012 3 1.05 0.9 - 2.22% 7.24% 57149 160902 12350 42440 8215 26724 0.0392 0.1335 856157 450314 451680 211622 26871 404477 44413 23490 10617 100766 20923 31540 132306 209683 200191 199198 2012-09-30 33.19% 21.72% 21.61% 33.17% 0.2545 - 1.89 1.88 0.51 0.63 2.1279 1.1554 0.6252 1.1962 0.5276 109.5% 540 179 493 2012-08-16 2012 2 1.02 0.89 0.0375 1.75% 5.01% 52710 103753 10734 30090 6458 18509 0.0345 0.0988 780728 380623 403318 159592 26832 377410 794 17005 1640 100766 17799 19439 81327 187375 187375 189248 2012-06-30 33.13% 21.36% 20.36% 23.93% 0.3049 - 1.87 1.87 0.54 0.43 2.385 1.4034 0.5096 1.1504 0.5166 92.9% 365 215 312 2012-05-16 2012 1 1.34 0.96 - 3.26% 3.26% 51043 51043 19356 19356 12051 12051 0.0643 0.0643 723476 333022 347188 135948 25125 376288 27122 5852 27362 100766 21270 6092 94674 187377 187377 234221 2012-03-31 45.51% 37.98% 37.92% 26.36% 0.363 - 1.87 1.87 0.67 0.51 2.4496 1.4154 0.6964 0.9887 0.4799 75.0% 304 134 237 2012-02-22 2011 4 1.4 1.1 0.0375 1.28% 7.41% 57031 272712 10530 66857 4256 24622 0.0227 0.1314 732473 333164 363197 153785 30082 369276 33472 6393 87345 53286 39865 47480 100766 187377 187377 232347 2011-12-31 33.65% 19.47% 18.46% 24.61% 0.3723 9.4366 1.81 1.81 0.69 0.54 2.1664 1.2277 0.6552 1.0708 0.4959 65.8% 281 117 212 2011-11-15 2011 3 1.35 0.84 - 1.32% 6.13% 77235 215681 15867 56327 4391 20366 0.0234 0.1087 692218 288815 322957 108347 30799 369261 34478 2524 74306 53286 37002 37304 90590 187377 187377 157396 2011-09-30 27.64% 20.53% 20.54% 31.98% 0.3728 - 1.81 1.8 0.47 0.48 2.6656 1.6166 0.8361 0.9542 0.4666 69.9% 229 118 148 2011-08-16 2011 2 0.87 0.67 0.01875 3.48% 4.81% 77289 138446 28414 40460 11578 15975 0.0618 0.0853 685384 286999 322912 176278 24888 362472 15909 589 9340 53286 15320 24660 77946 187377 187377 150838 2011-06-30 38.85% 37.29% 36.76% 24.88% 0.2638 - 1.8 1.8 0.45 0.42 1.6281 0.8588 0.4422 0.9565 0.4711 61.2% 396 147 424 2011-05-20 2011 1 0.92 0.7 - 1.32% 1.32% 61157 61157 12046 12046 4397 4397 0.0235 0.0235 559191 209741 218062 82205 15122 341129 4291 133 5922 53286 4158 10080 63366 187377 187377 139595 2011-03-31 23.51% 19.73% 19.70% 27.54% 0.1851 - 1.74 1.74 0.43 0.34 2.5514 1.5263 0.7708 0.6689 0.39 123.2% 395 215 267 2011-02-23 2010 4 0.845 0.65 0.01875 N/A N/A 42345 144872 7742 26712 2770 11870 0.0148 0.0633 553555 202579 221154 77666 10791 332401 21239 1811 10868 44726 19428 8560 53286 187379 187379 124607 2010-12-31 26.64% 20.87% 18.28% 23.24% 0.0765 10.4976 1.72 1.72 0.39 0.28 2.6083 1.1443 0.6861 0.6876 0.3995 295.0% 1336 296 698
Financial Quarter Balance Sheet Open in New Window
year qrt Deferred tax assets (A-0) Intangible assets (A-0) Investment properties (A-0) Land held for property development (A-0) Prepaid lease payments (A-0) Property, plant and equipment (A-0) Receivables, deposits and prepayments (A-0) Trade receivables (A-0) Accrued billings (A-1) Cash and cash equivalents (A-1) Current tax assets (A-1) Inventories (A-1) Other receivables, deposits and prepayments (A-1) Property development costs (A-1) Trade receivables (A-1) BaIDS (L-0) Deferred tax liabilities (L-0) Loans & borrowings (L-0) Payables and accruals (L-0) Term loans (L-0) Trade payables (L-0) Current tax liabilities (L-1) Dividend payable (L-1) Loans & borrowings (L-1) Payables and accruals (L-1) Progress billings (L-1) Right issue application account (L-1) Trade and other payables (L-1) Minority interest (M-1) 2012 4 11424 601 114009 278847 - 2854 2445 1398 23490 132233 3032 162 3091 243129 73011 - 32452 - 13089 190939 6423 2446 - 30219 33336 148116 - 44905 16528 2012 3 8560 524 102525 288095 - 2654 1739 1746 24562 132306 5605 162 5402 205639 76638 - 32782 - 4510 197624 5142 6461 - 17363 32788 121002 - 34008 26871 2012 2 8446 512 96160 288789 - 2713 1739 1746 24479 81327 2526 162 49151 156487 66491 - 33290 - 4510 200784 5142 4751 - 20760 33846 65257 - 34978 26832 2012 1 8774 521 85209 287020 - 2672 1716 4542 18815 94674 1437 162 9201 140440 68293 - 33787 - 4150 168279 5024 5722 - 20500 42107 40511 - 27108 25125 2011 4 8549 533 79767 304504 - 2519 1716 1721 36827 100766 287 162 2093 144203 48826 - 34249 - 4150 165989 5024 2014 4410 38500 55746 27421 - 25694 30082 2011 3 7118 517 72713 317437 - 2299 1420 1899 27188 90590 897 284 2715 113374 53767 - 34825 - 11333 164736 3716 11857 - 23200 21966 19908 - 31416 30799 2011 2 7119 507 70873 314196 - 2371 1420 1899 27298 77946 790 284 2254 135319 43108 - 35656 - 11333 95929 3716 7759 - 23038 98096 18607 - 28778 24888 2011 1 6566 156 8624 329808 - 4210 86 - 8375 63366 1136 162 12105 84109 40488 - 36190 - 4151 92944 2572 2634 - 22700 20977 11721 - 24173 15122 2010 4 6566 89 8645 328063 - 4291 1423 1899 3344 53286 1234 162 1687 113546 29320 - 36810 - 11333 91676 3669 298 - 17950 15385 25103 - 18930 10791
Financial Quarter Income Statement Open in New Window
year qrt Revenue Income tax expense Cost of sales Finance/interest costs Other income Administrative/Operating expenses Minority interest Selling and distribution costs 2012 4 54703 1874 39137 673 3007 3764 1257 6208 2012 3 57149 4096 38181 60 701 3265 39 3994 2012 2 52710 2569 35249 526 1527 2922 1707 4806 2012 1 51043 5102 27812 32 1073 2227 2203 2689 2011 4 57031 2591 37840 574 986 2663 3683 6410 2011 3 77235 5075 55888 12 1058 3578 6401 2972 2011 2 77289 7070 47262 410 2630 2181 9766 1652 2011 1 61157 3318 46780 23 2518 2961 4331 1865 2010 4 42345 1799 31063 1095 2622 3198 3173 1869
Financial Quarter Segments Revenue
year qrt Elimination/Adjustment Property development Property investment Holding Entities 2012 4 13205 54289 796 12823 2012 3 595 56827 595 322 2012 2 1573 52404 1573 306 2012 1 18191 50967 10252 8015 2011 4 12342 56996 327 12040 2011 3 1336 77181 336 1054 2011 2 898 77231 388 568 2011 1 690 61107 218 522 2010 4 6887 42226 136 6870
Financial Quarter Segments Profit
year qrt Elimination/Adjustment Property development Property investment Holding Entities 2012 4 12620 8652 52 12621 2012 3 37 12478 217 187 2012 2 120 10467 988 76 2012 1 7650 8346 10866 7826 2011 4 12360 11135 592 11737 2011 3 1349 16211 441 552 2011 2 923 28853 544 350 2011 1 703 12067 363 342 2010 4 6907 8809 220 6715
Short form reference a_date = announcement date, yr = financial year end, qrt = quarterh_price = stock highest price during the quarter, l_price = stock lowest price during the quarterdiv = dividend recommend or declare in the quarter, roe = return on equityc_roe = cumulative of return on equity during the financial yearrev = revenue in the current quarter, c_rev = cumulative of revenue during the financial yearpbt = profit before tax in the current quarter, c_pbt = cumulative of profit before tax during the financial yeareps = earnings per share in the current quarter, c_eps = cumulative of earnings per share during the financial yearasset = total asset, liab = total liability, mino = minority interest, equi = total equitycfo = net cash flow from operating activities, cfi = net cash flow from investing activitiescff = net cash flow from financing activities, cash = cash and cash equivalents as at beginning of financial yearfinal = cash and cash equivalents as at current financial period endedshare = diluted/basic weighted average number of ordinary sharesc_share = cumulative of diluted/basic weighted average number of ordinary shares during the financial yearm_cap = market capital at announcement date of quarterly report, date = current financial period ended dateprof_m = profit margin, vat = income tax rate, pe = price earning per share ratio of recent four quarternavps = net asset value per share, ntaps = net tangible asset per share, cps = cash per sharel_cur = liquidity current ratio, l_qui = liquidity quick ratio, l_cash = liquidity cash ratiog_de = gearing debt to equity ratio, g_da = gearing debt to assets ratioavg_w = working capital per thousand Ringgit saleinv_d = days to sell the inventory, rec_d = days to collect the receivablespay_d = days to pay the payablesCURRENT ● CHANGES IN SHAREHOLDING ● ANNUAL REPORTS HISTORICAL ● CHANGES IN SHAREHOLDING ARCHIVES ● CHANGES IN SHAREHOLDING ● CHANGES IN SHAREHOLDING 
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