Highlights
Social Forum >> Forum Thread
Last Price Today's Change   Day's Range   Trading Volume
0.43   -0.01 (2.27%)  0.425 - 0.44  1,064,900
9,766 comment(s). Last comment by kahsoon888 at Oct 21, 2020 11:40 PM
Like
 17 people like this.
 
 Post Reply   Back  

beachboy
1423 posts

Posted by beachboy > Sep 24, 2019 10:47 AM | Report Abuse

Ock still have a lot of potential


sosfinance
1296 posts

Posted by sosfinance > Sep 24, 2019 3:56 PM | Report Abuse

PETALING JAYA: Axiata Group Bhd’s unit edotco Group Sdn Bhd plans to build 400 to 500 telecommunications towers in its first year of operations in the Philippines via its new joint venture.

According to a statement, edotco has entered into an equity partnership with ISOC Infrastructure Inc in the Philippines named ISOC edotco Towers Inc, which upon completion would become a subsidiary of edotco.

Each company will invest up to US$100mil in the Philippines over the next three to five years, it added.

<Read more at https://www.thestar.com.my/business/business-news/2019/09/24/edotco-to-build-500-towers-in-first-year-of-philippines-operations#yfkHC7AzxeuK1sh0.99>

Correction now is another opportunity.


beachboy
1423 posts

Posted by beachboy > Sep 24, 2019 5:02 PM | Report Abuse

Last 15mins ppl keep sapu..


Lion123
34 posts

Posted by Lion123 > Sep 24, 2019 6:11 PM | Report Abuse

https://www.klsescreener.com/v2/news/view/581870 . Will fly anytime soon


beachboy
1423 posts

Posted by beachboy > Sep 24, 2019 6:53 PM | Report Abuse

Yes... Ock anytime can fly.. Same like opcom when gov announced the news..


unclejoe
164 posts

Posted by unclejoe > Sep 25, 2019 10:26 AM | Report Abuse

Again, OCK WA has stronger support than mother, its suppose to drop to 0.08 level. Why investors supporting a warrant?


sonyx123
258 posts

Posted by sonyx123 > Sep 25, 2019 11:27 AM | Report Abuse

because upside is there.... its coming


beachboy
1423 posts

Posted by beachboy > Sep 25, 2019 11:30 AM | Report Abuse

Ock anytime can boom.. Fly high..


sonyx123
258 posts

Posted by sonyx123 > Sep 25, 2019 11:30 AM | Report Abuse

previously son never go up that much when mother rise, so vice versa now


unclejoe
164 posts

Posted by unclejoe > Sep 25, 2019 11:42 AM | Report Abuse

not only rise in price, it has a much higher volume too.


unclejoe
164 posts

Posted by unclejoe > Sep 25, 2019 11:47 AM | Report Abuse

looks like bankers are collecting cheap.


sonyx
93 posts

Posted by sonyx > Sep 25, 2019 12:18 PM | Report Abuse

Yeap. Collect while you can


beachboy
1423 posts

Posted by beachboy > Sep 25, 2019 12:28 PM | Report Abuse

When ock reach 0.72 then son may up till 0.2


sosfinance
1296 posts

Posted by sosfinance > Sep 25, 2019 5:17 PM | Report Abuse

Good volume in mother share, similarly the warrants, positive sign. Normally high volume for OCK lasted not more than 5 days. Going up above 70 sen is about 10%, but the warrants returns will be great at the current 5.39x. May be worth taking this risk as management believe earnings will grow about 20% p.a., thanks to more contract jobs and expansion of towers and tenancy.

Assumed you sell mother 100,000 @ 62 sen and buy 560,000 warrants @ 11 sen, assume mother went up 8 sen, warrants up 4 sen, your warrants return is 36%. You make about RM22k for the warrants, mother return is about 13%, or RM8k. May be worth a while.


beachboy
1423 posts

Posted by beachboy > Sep 25, 2019 7:03 PM | Report Abuse

Most likely is 5g news


PresidentRotiCanai
976 posts

Posted by PresidentRotiCanai > Sep 25, 2019 8:05 PM | Report Abuse

Time to goreng telco stock


FutureGains
8696 posts

Posted by FutureGains > Sep 25, 2019 8:56 PM | Report Abuse

TMR EARLY BIRD


Davidyeap
305 posts

Posted by Davidyeap > Sep 25, 2019 9:17 PM | Report Abuse

5G 迅速发展对OCK非常有利,MAXIS大搞5G OCK 就稳稳的


PresidentRotiCanai
976 posts

Posted by PresidentRotiCanai > Sep 25, 2019 9:35 PM | Report Abuse

今天蜡烛很美得不像样


beachboy
1423 posts

Posted by beachboy > Sep 26, 2019 12:04 AM | Report Abuse

let see whether can break 0.65 tomorrow


hua91
154 posts

Posted by hua91 > Sep 26, 2019 9:25 AM | Report Abuse

So many selling at 0.63 now... Damn it.


beachboy
1423 posts

Posted by beachboy > Sep 26, 2019 9:48 AM | Report Abuse

0.65 1st target.. Let see


john
356 posts

Posted by john > Sep 26, 2019 9:51 AM | Report Abuse

someone playing with son right now


makemoney1
263 posts

Posted by makemoney1 > Sep 26, 2019 10:20 AM | Report Abuse

ock have been pressed down for more than 1 year. price drop with low volume. should be time to rocket d


hua91
154 posts

Posted by hua91 > Sep 26, 2019 11:02 AM | Report Abuse

No hope to break 0.65 already, some people keep selling


beachboy
1423 posts

Posted by beachboy > Sep 26, 2019 1:17 PM | Report Abuse

I dunno why the player only play after 4.30pm.
Let's see today.


sonyx123
258 posts

Posted by sonyx123 > Sep 26, 2019 1:55 PM | Report Abuse

maybe resting day today...


FutureGains
8696 posts

Posted by FutureGains > Sep 26, 2019 2:21 PM | Report Abuse

Theme 5G..our.t.....wait Budget...DAP MINISTER


sosfinance
1296 posts

Posted by sosfinance > Sep 26, 2019 2:49 PM | Report Abuse

Accumulated some WA, not because of the news, because of the growth (better qtr).


hua91
154 posts

Posted by hua91 > Sep 26, 2019 2:57 PM | Report Abuse

0.61 now...


beachboy
1423 posts

Posted by beachboy > Sep 26, 2019 2:59 PM | Report Abuse

Wait big player to join.


Kasumi0912
33 posts

Posted by Kasumi0912 > Sep 26, 2019 3:20 PM | Report Abuse

Is Chance to accumulate 0.61


beachboy
1423 posts

Posted by beachboy > Sep 26, 2019 3:25 PM | Report Abuse

I will q 0.11 to collect more warrant


thequalityguy
74 posts

Posted by thequalityguy > Sep 26, 2019 4:16 PM | Report Abuse

donno wat happened. going nicely until 0.64, now suddenly dropped up to 0.605!


unclejoe
164 posts

Posted by unclejoe > Sep 26, 2019 4:36 PM | Report Abuse

bankers want to collect cheap. Look at warrant, very strong support.


sonyx123
258 posts

Posted by sonyx123 > Sep 26, 2019 4:55 PM | Report Abuse

warrant also weak la


unclejoe
164 posts

Posted by unclejoe > Sep 26, 2019 5:00 PM | Report Abuse

mother down 1.5 cent, warrant only down 0.5 cent.


warchest
1156 posts

Posted by warchest > Sep 26, 2019 5:02 PM | Report Abuse

where got cheap ? OCK is a decent company but with stretched valuation


Lee1045
126 posts

Posted by Lee1045 > Sep 26, 2019 9:09 PM | Report Abuse

Ending correction.....


calvintaneng
38483 posts

Posted by calvintaneng > Sep 26, 2019 11:41 PM |

Post removed. Why?


beachboy
1423 posts

Posted by beachboy > Sep 27, 2019 8:25 AM | Report Abuse

The chart still very good. let's see what happen today.


hua91
154 posts

Posted by hua91 > Sep 27, 2019 11:15 AM | Report Abuse

Hope can hold 0.6.. if not gonna cut loss already


warchest
1156 posts

Posted by warchest > Sep 27, 2019 4:00 PM | Report Abuse

i'm targetting RM0.55 to accumulate than i will sell at 10% to 15% profit. 15% would be the maximum TP


kenie
761 posts

Posted by kenie > Sep 27, 2019 4:42 PM | Report Abuse

11-Sep-2019 EMPLOYEES PROVIDENT FUND Disposed 1,343,500


Lee1045
126 posts

Posted by Lee1045 > Sep 27, 2019 4:51 PM | Report Abuse

Old news!


sosfinance
1296 posts

Posted by sosfinance > Sep 28, 2019 11:40 AM | Report Abuse

Better growth as OCK continue to expand its towers and tenancy, hopefully double digits growth for FYE19 and FYE20.

Besides expansion on towers domestically, Myanmar and Vietnam, locally, there are a couple of initiatives that may benefit OCK in the next few years such as:

1. National Fiberisation and Connectivity Program of about RM21.6 billion

2. Government support of Solar PV nationwide

3. JV between ISOC edotco in Philippines

More importantly, as we look into the latest Annual Report, the approximately 1.5% of the Shariah Funds (in top 30 of FYE17) has sold down during the FYE18, it would be less negatives to the share performance.

As for gearing issue, the towerco projects financing is ring fenced and within the debt service ratio and the higher gearing mainly comes from short term revolving credits is meant for contract works and trading activities and supported by 'invoices', mainly from the telcos with strong financials.

I do hold some warrants and mother shares, and switches them when opportunity arises. Hence, I cannot be deemed entirely objective, even though what is presented is facts.

Good luck.

(Consult your investment advisors on decisions of investing).


unclejoe
164 posts

Posted by unclejoe > Sep 29, 2019 6:32 AM | Report Abuse

sosfinance, good job, thank you!


sosfinance
1296 posts

Posted by sosfinance > Sep 30, 2019 9:18 AM | Report Abuse

NFCP & Solar PV will come in only in a year or two, while ISOC edotco may comes in next year. More importantly, FYE19 and 20, towerco will contribute more as gradual commissioning of new towers & co-tenants as we speak, and loan for towerco is reducing. 60 sen is not demanding, the towerco biz itself is >RM700-800m (UOB Kayhian gave it RM1.0b)


kahsoon888
577 posts

Posted by kahsoon888 > Sep 30, 2019 9:26 AM | Report Abuse

All the best


sosfinance
1296 posts

Posted by sosfinance > Sep 30, 2019 9:47 AM | Report Abuse

Great, accumulated some at 60 sen.

 Post Reply   Back  
APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View candlestick stock charts with Technical indicators
MQ Affiliate
Be rewarded by being an MQ Affiliate
 
 

214  861  482  609 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 KGROUP-OR 0.005-0.005 
 MLAB 0.02-0.005 
 AT 0.080.00 
 LAMBO 0.030.00 
 IRIS 0.265-0.04 
 LUSTER 0.175-0.015 
 DGSB 0.20+0.015 
 DAYA 0.015+0.005 
 MAHSING 1.04-0.10 
 DSONIC-WA 0.23-0.03 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS