OKP - 8.3% dividend yield

Going by the May 30 edition of the APF Expert Stock Screener, OKP is 19% short of consensus analyst target price. In addition, based on Ichimoku technical indicators, the technical outlook is positive.

For more info on the Screener, click WHAT STOCKS TO BUY?

Hmmm.... good level to re-enter, at 61.5 cents. Interim dividend to look forward to?

Only 63.5 cents for stock price, and half -year result coming  which shld be good.

Last yr, interim dividend was 1 cent. A bit small but maybe this time will be better.

Solid half-year profit jump of 56%.
More interestingly, the gross margin jumped too. This is the kind of business that doesnt anyhow spend effort chasing revenue.

Interim dividend a bit disappointing as it is kept at 1 cent. So have to wait for year-end for perhaps a bumper.

[url=http://www.nextinsight.net
/story-archive-mainmenu-60/912-2011/4138-anwell-l]OKP's half-year profit up 56%[/url]

OKP Holdings (OKP SP; S$0.565; BUY) - China Sonangol has upped its stake in OKP to 14% at a price of S$0.66/ share. This is a 17% placement at premium to market price of S$0.565/share.

We expect further business collaboration between the two, which could present near term price catalyst.

OKP is probably one of the strongest defensive stocks in our small/mid-cap coverage list. Maintain BUY with target price of S$0.98.

-- CIMB

[url=http://www.nextinsight.net
/story-archive-mainmenu-60/912-2011/4282-sunpower-what-analysts-now-say]SUNPOWER, UTD ENVIROTECH, OKP, BANKS: What analysts now say....[/url]


Thought it's worth highlighting OKP. Rock-solid business with a balance sheet that will see it shine through the next few years at least.