OKP
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OKP [5CF.si]
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Once the price exceeds $1, each increment will be 1 cent &mdash an extra boost
Looks like OKP is blasting to 1 dollar anytime soon.
Why the TP so low ah? Should be $1.50 at least!
newbie2019 ( Date: 02-Jul-2025 10:27) Posted:
| OKP is comfortably above 90 cents ... hurray!!! |
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OKP is comfortably above 90 cents ... hurray!!!
testing $1 soon
$0.81 +$0.025 .... new high liao....
Hope to see it move like Oiltek where AGT Fund was involved as well.
shk363 ( Date: 12-Jun-2025 12:55) Posted:
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no $1 no sell
Lim & Tan keeps ' buy' call and 97 cents target price on OKP following latest contract win
Nicholas Yon of Lim & Tan Securities has kept his " buy" call and 97 cents target price on OKP Holdingsafter it won yet another roadwork contract worth $258.3 million, bringing its total order book to $735.8 million.
Despite the share price run-up, valuations remain undemanding at 6.2x FY2025 earnings, states Yon in his June 6 note, referring to OKP' s gain of 142.2% year to date.
" We continue to believe OKP to be one of the main beneficiaries of Singapore&rsquo s construction boom," says Yon, who values OKP at 8x FY2025 earnings of $37.1 million.
Besides earnings growth visibility, Yon points out that OKP&rsquo s share price is further backed by its current 35 cents per share net cash and 26 cents per share of investment properties, which continues to generate recurring income. " OKP&rsquo s cash position is also expected to build up with its strong cash flow position," adds Yon.
According to Yon, the latest contract, announced on May 30, is an indication of OKP&rsquo s capabilities to take on large contracts and highlights LTA&rsquo s trust as this is the 4th government contract award.
The latest contract is part of Singapore' s bid to build 1,300km of cycling paths by 2030 and approximately 50 to 60% of the network already completed, OKP is in pole position to secure additional contracts as new tenders are progressively rolled out, says Yon.
Just to be sure, Yon says that construction is lumpy by nature. Project startup costs can potentially eat into FY2025 margins.
" As such any assessment of OKP should be considered from a yearly perspective rather than a 5-month period. Hence, we have kept revenue targets constant and only made conservative upward revisions to FY25 net profit," he says.
My target is 1 dollar.
Stocky901 ( Date: 04-Jun-2025 10:09) Posted:
Let's go high high.. ✌ ️ ✌ ️
Mrhuat ( Date: 03-Jun-2025 17:14) Posted:
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Let's go high high.. ✌ ️ ✌ ️
Mrhuat ( Date: 03-Jun-2025 17:14) Posted:
Siao.
Stocky901 ( Date: 02-Jun-2025 13:56) Posted:
| One-year high ✌ ️ above 0.80 soon.. |
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Siao.
Stocky901 ( Date: 02-Jun-2025 13:56) Posted:
| One-year high ✌ ️ above 0.80 soon.. |
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Watch closely
Let watch again
No $1.00 no sell :)
Stocky901 ( Date: 02-Jun-2025 13:56) Posted:
| One-year high ✌ ️ above 0.80 soon.. |
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One-year high ✌ ️ above 0.80 soon..
Let me share some rough calculations:
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Net Order Book
- As of 31 Dec 2024: SGD 600.7 million
- As of 30 May 2025: SGD 735.8 million
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New Orders Secured (Jan&ndash May 2025): SGD 258.3 million
This implies that
SGD 123.2 million in revenue was recognized from January to May 2025.
Since this covers only five months, we still have one more month of revenue to account for in 1H 2025.
For comparison,
1H 2024 revenue was SGD 73.9 million. Based on current figures,
1H 2025 revenue is expected to grow by over 67% year-on-year.
That represents a
remarkable top-line growth.
&lsquo Don&rsquo t miss the upcycle&rsquo Lim & Tan initiates coverage on OKP with &lsquo buy&rsquo and 93 cents TP
Dated 1-04-2025
https://sginvestors.io/analysts/research/2025/04/okp-holdings-lim-tan-securities-research-2025-04-01#:~:text=OKP%20Holdings%20%2D%20Dont%E2%80%99t,at%20S%2414.5mln.
Repost for those interested...
money4life ( Date: 10-Mar-2025 10:50) Posted:
I think this AGT Partners is the fund manager that invested in Oiltek fr 30/40+ cents to the currently over a dollar 
SmallSmall ( Date: 07-Mar-2025 13:39) Posted:
Same article.
Gregory See of AGT Partners believes that companies in the small-to-mid cap space hold the greatest potential for value. He has previously profited from notable stocks like supermarket operator Sheng Siong Group and Oiltek International, which was a top-performing stock last year. With improving fundamentals in this sector, See is now targeting the construction industry for his next set of winners. |
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Another high goes higher stock
OKP Holdings secures $258.3 mil LTA contract to construct new cycling path networks in East
Nicole LimFri, May 30, 2025 &bull 07:40 PM GMT+08 &bull &bull 1 min read
OKP and its wholly-owned subsidiaries were awarded a total of four LTA contracts for the construction of these cycling path networks, including in the West, Central and East part of Singapore. Photo: OKP
OKP Holdings has secured a contract worth $258.3 million from the Land Transport Authority (LTA), for the construction of new cycling path networks in the East Region in Singapore.
OKP&rsquo s wholly-owned subsidiary, Or Kim Peow Contractors, will be involved in the design and construction of cycling paths as well as other ancillary works.
The 72-month contract started on May 27, and is expected to be completed by May 26, 2031. This brings OKP&rsquo s net construction order book to $735.8 million.
The scope of work includes converting existing footpaths to cycling paths and creating new pedestrian footpaths through careful space planning with stakeholders and landowners.
The works also encompass infrastructure improvements such as grating replacements, retaining walls, drainage enhancements, and cycling path finishes (such as signages, high strength coating and thermoplastic marking).
OKP&rsquo s wholly-owned subsidiaries were awarded four LTA contracts for the construction of the cycling path networks, totalling $617.8 million. This includes a $92.9 million contract for the construction of CPN in Western Singapore, a $78.3 million contract covering the regions of Central, Kallang, Bukit Merah and Bukit Timah, and a $188.3 million contract for works across seven towns in the East Region.
Exited this quick trade.
Thanks.
superstartup ( Date: 28-May-2025 08:23) Posted:
Awarded a single contract $258m (more than one year revenue and multi-years high awarded contract)
Awarded to Or Kim Peow Contractor (100% owned subsidiary)
Not T5 related. (So maybe still have bonus contracts in the pipeline)
Hopefully when the PR comes, they will share other contracts they get awarded over the last few months too.
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Hope OKP can reward shareholders by giving better dividend 2 times a year
Joelton ( Date: 31-May-2025 12:40) Posted:
OKP unit wins S$258.3 million LTA contract to construct new cycling paths in east
With this latest award, the group&rsquo s net construction order book has reached a record high of S$735.8 million
[SINGAPORE] A unit of mainboard-listed infrastructure and civil engineering company OKP has won a contract worth S$258.3 million from the Land Transport Authority (LTA) for the construction of new cycling path networks in the eastern region of Singapore.
This is the largest contract in value that OKP has secured to date. It also marks the fourth contract that its subsidiaries have been awarded by LTA for the construction of cycling path networks across Singapore, amounting to a total of S$617.8 million.
Under the latest contract secured, OKP&rsquo s wholly owned subsidiary &ndash Or Kim Peow Contractors &ndash will be involved in the design and construction of the cycling path networks in the east, as well as other ancillary works, the group said in a bourse filing on Friday (May 30).
The cycling paths will be constructed across 11 towns &ndash Sengkang, Hougang, Serangoon, Potong Pasir, Geylang, Kaki Bukit, Marine Parade, Bishan Industrial, Tampines Industrial, Pasir Ris Industrial and Bedok Industrial.
The scope of the contract includes converting existing footpaths to cycling paths and creating new pedestrian footpaths through &ldquo careful space planning&rdquo with stakeholders and landowners, said OKP.
The works also encompass infrastructure improvements such as grating replacements, retaining walls, drainage enhancements and cycling path finishes such as signages, high strength coating and thermoplastic marking.
The contract, which spans 72 months, commenced on May 27 and is expected to be completed by May 26, 2031.
With this latest award, the group&rsquo s net construction order book has reached a record high of S$735.8 million, with contracts extending till 2031.
OKP&rsquo s group managing director Or Toh Wat said: &ldquo This contract win is expected to contribute positively to both our top and bottom lines, reinforcing our growth trajectory.&rdquo
&ldquo Securing this fourth contract from LTA for the construction of cycling path networks strengthens our role in contributing to a greener and more sustainable land transport ecosystem,&rdquo he added.
The group was previously awarded a S$92.9 million contract for the construction of cycling path networks in western Singapore S$78.3 million contract covering the regions of Central, Kallang, Bukit Merah and Bukit Timah and a S$188.3 million contract for works across seven towns in the east region.
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