OKP infrastructure and civil engineering, Chart with Support Resistance

OKP is a local infrastructure and civil engineering company that specialises in the construction of airport runways and taxiways, expressways, flyovers, vehicular bridges, urban and arterial roads, airport infrastructure, and oil and gas-related infrastructure for petrochemical plants and oil storage terminals. The company also carries out maintenance works for roads and roads-related facilities and has recently branched into property development as well.

7 Apr 2017 Daily Chart

Weekly Chart

Sell if drop below 0.37

Oct 2016
Group revenue rose 15.9% to $28.1 million from $24.2 million a year ago with its construction segment being a major contributor.
Profit $2 million for 3Q16, double the $1 million of net profit recorded in the previous year.
EPS doubled to 64 cents from 32 cents a year ago.


Jan 2017
Quadrupling of 4Q16 earnings to $8 million from $1.9 million a year ago.
Revenue in 4Q rose 40.6% to $34.5 million from $24.5 million a year ago.
For FY16, earnings more than doubled to $14.3 million from a year ago while revenue rose 7.6% to $111.1 million.
OKP said the increase in full-year earnings was mainly in line with the higher revenue, gross profit and an increase in share of results of associated companies and joint ventures of $2.9 million.