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OKP [5CF.si]

Haiz...at least it ended in the green.

 

OKP wins S$165.3 million LTA contract for commuter infrastructure works

It will design and construct elevator shafts at 30 pedestrian overhead bridges

[SINGAPORE] Infrastructure and civil engineering company OKP : 5CF +2.45% has secured a S$165.3 million contract from the Land Transport Authority for commuter infrastructure works in Singapore.

Under the 48-month contract, which commenced on May 25, OKP&rsquo s wholly owned subsidiary Or Kim Peow Contractors will design and construct elevator shafts at 30 pedestrian overhead bridges in Singapore.

The group&rsquo s order book stood at S$760.7 million as at Thursday (May 28), with projects until 2031.

Or Toh Wat, group managing director of OKP, said the latest contract win contributes to &ldquo creating a more inclusive and accessible transport environment for commuters&rdquo .

The works include associated commuter infrastructure works related to lift lobbies and link bridges, alongside other accessibility enhancements that improve connectivity.

As part of the project scope, Or Kim Peow Contractors will also carry out enhancement works at pedestrian overhead bridges, as well as addition and alteration works for existing elevator shafts.

It will also build a new covered pedestrian overhead bridge with lift access and linkways across the Tampines Expressway.

Shares of OKP closed Thursday 2.5 per cent or S$0.02 higher at S$0.835, before the news.

 

Very funny got project also cannot move ,those brokering house give high target for what ?

ysh2006      ( Date: 28-May-2026 19:03) Posted: Today announced got big project valued about $165M .....maybe tomorrow can the 90c resistance ...

 

At opening many still thought earn some easy money but now all kena makan by BBs

newbie2019      ( Date: 29-May-2026 09:52) Posted: My goodness. Not only cannot fly, drop some more.

 

My goodness. Not only cannot fly, drop some more.

 

Finally PR is out. Let' s see how high it can fly.
https://links.sgx.com/1.0.0/corporate-announcements/E8YYXWJFE6531VTL/890644_LTA%20Contract.pdf
 

 

Today announced got big project valued about $165M .....maybe tomorrow can the 90c resistance ...

 

no $1 no sell

 

Date of Report: 28 May 2026

Excerpt from Lim & Tan Securities report.

Report Summary

• OKP Holdings (Target Price: S$1.03, Current Price: S$0.82, Action: BUY)
  • Strong record orderbook of S$627 million, providing earnings visibility.
  • Efficient operational execution drives margin expansion consistently above 30% gross margin.
  • Net cash position of S$140.8 million (S$0.26 per share) ensures crisis readiness and enables funding for acquisitions.
  • Management is confident of stronger FY26 profitability, orderbook, and dividends.
  • Trades at 8.7x forward PE with a 2.5% dividend yield.
  • BUY recommendation reiterated, with target price implying 26.4% upside.

 

Lim& Tan analysis as of 28 May 2026, raised TP to $1.03. 

OKP&rsquo s market cap stands at S$437.8mln and currently trade at 8,7x forward PE, with a dividend yield of 2.5%. Our target price stands at $1.03, representing 26.4% upside from current share price. Given the strong fundamentals as stated above, we continue to recommend a BUY on OKP Holdings.

 

 

This brokering house today came out a report OKP only target 82 cent ? how it is anyhow say or what ?

whiteegg      ( Date: 28-May-2026 14:24) Posted: In Feb 2026, Lim& Tan did a analysis with TP 0.93, base on 30 Jun 2025 order book of 648m with contracts extending through 2031. OKP Holdings: Leveraging On The Construction Upcycle Last reported order book on 31 Dec 2025 of 588m with contracts extending through 2031, and the newly contracts won in 2026 (87m contract won in Mar and 165m contract won in May), their latest order book ballpark 900m.  Such cash rich, high order book and recent increased stake by fund house AGT, OKP looks promising to match towards 0.90 and break above $1.  Keep a lookout for brokerage to revivew.

 

In Feb 2026, Lim& Tan did a analysis with TP 0.93, base on 30 Jun 2025 order book of 648m with contracts extending through 2031. OKP Holdings: Leveraging On The Construction Upcycle

Last reported order book on 31 Dec 2025 of 588m with contracts extending through 2031, and the newly contracts won in 2026 (87m contract won in Mar and 165m contract won in May), their latest order book ballpark 900m. 

Such cash rich, high order book and recent increased stake by fund house AGT, OKP looks promising to match towards 0.90 and break above $1. 
Keep a lookout for brokerage to revivew. 

 

Yep. Sell on news (after price spiked up).
Just like GRC this morning.
Hence my comments below.
Buy before news is always a safer bet (when you know the news had not been widely circulated, publicised).
Those that chase GRC this morning now at the mercy of various house proprietary traders.

newbie2019      ( Date: 28-May-2026 12:40) Posted: Hard to say, I think most traders will sell on news. If buying for long term investment, any time is a good time. superstartup      ( Date: 28-May-2026 12:21) Posted: Got opportunity to buy before contract award news Press Release is out. Or prefer to buy after PR is out?

 

Hard to say, I think most traders will sell on news.

If buying for long term investment, any time is a good time.

superstartup      ( Date: 28-May-2026 12:21) Posted: Got opportunity to buy before contract award news Press Release is out. Or prefer to buy after PR is out?

 

Got opportunity to buy before contract award news Press Release is out.
Or prefer to buy after PR is out?

 

Together with the earlier project (87m$), this adds to 252m$ for this year, thus far.
This is super.

superstartup      ( Date: 28-May-2026 08:47) Posted: Just got the details. For those interested Lift Shafts and Associated Commuter Infrastructure Awarded by LTA to OR KIM PEOW CONTRACTORS (PRIVATE) LIMITED Award Value 165,270,000.00 (SGD)

 

Just got the details.
For those interested

Lift Shafts and Associated Commuter Infrastructure

 

Perhaps a delay, may be PR will come any time soon.

superstartup      ( Date: 26-May-2026 15:54) Posted: Am not vested. Just sharing info. I checked company past PRs on contract wins. The most recent is a $87m contract and company released a PR. So for the latest single contract win, company should issue a PR too since the contract is almost double in value.    newbie2019      ( Date: 26-May-2026 14:54) Posted: Price not moving leh

 

Am not vested.
Just sharing info.
I checked company past PRs on contract wins.
The most recent is a $87m contract and company released a PR.
So for the latest single contract win, company should issue a PR too since the contract is almost double in value. 

 

newbie2019      ( Date: 26-May-2026 14:54) Posted: Price not moving leh. superstartup      ( Date: 26-May-2026 11:45) Posted: OKP awarded a huge contract by LTA.

 

Price not moving leh.

superstartup      ( Date: 26-May-2026 11:45) Posted: OKP awarded a huge contract by LTA.