Stock Digest - OSK Holdings Bhd - Ending The Year On A High Note

Moving forward, OSK’s property development unbilled sales of approximately RM1.00bn will sustain earnings visibility over the next 18-24 months. We have penciled RM1.00bn of property sales in FY23f, backed by several upcoming highrise developments across Klang Valley and the on-going 2 township developments. Meanwhile, their 2,003-ac of landbank will ensure earnings sustainability over the long run, backed by the strong historical track record of take-up rates.