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0.44   0.00 (0.00%)  0.435 - 0.44  784,500
9,766 comment(s). Last comment by kahsoon888 at Oct 21, 2020 11:40 PM
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Lee1045
126 posts

Posted by Lee1045 > Nov 14, 2019 8:08 PM | Report Abuse

Old news, June 3......


beachboy
1423 posts

Posted by beachboy > Nov 15, 2019 10:58 AM | Report Abuse

Rejoin the games after pp... Time to rise


lee_m2020
3021 posts

Posted by lee_m2020 > Nov 15, 2019 11:35 AM | Report Abuse

Their boss just want this stock at .5 . Do not dream RM1


aireez
172 posts

Posted by aireez > Nov 15, 2019 12:03 PM | Report Abuse

today Tp as PP issue price ... heheheee
dt miss lorrr


sosfinance
1296 posts

Posted by sosfinance > Nov 15, 2019 12:20 PM | Report Abuse

PP is issued at 60 sen. One of the analysts has a TP of RM0.75 per share on the pretext of
PATMI is RM28.5m and RM33.0m for FYE19 and FYE20 respectively.

Similarly, EBITDA is expected to grow from RM99m to RM108m (FYE19) and RM122m (FYE20).

Of course, those are estimates. However, based on the growth of number of towers & improved tenancy ratio, especially total number has expanded from about 3,000 towers to 4,000 towers. The increase in towers are from Myanmar (300), Vietnam (600), and Malaysia (100) towards last quarter of FYE18 will give OCK a boost to its earnings and EBITDA.

Hopefully they can achieve earnings growth of 20-30% for cumulative 9 months, from the increase in towers and also some secured contracts. Results may be out by end of next week.


Fooksing Wong
1118 posts

Posted by Fooksing Wong > Nov 15, 2019 4:11 PM | Report Abuse

DROP SUPPORT LINE .... RUN 1ST


lee_m2020
3021 posts

Posted by lee_m2020 > Nov 15, 2019 4:14 PM | Report Abuse

ok.. im coming...


sosfinance
1296 posts

Posted by sosfinance > Nov 15, 2019 5:17 PM | Report Abuse

Cost today 58 sen is below placee price of 60 sen. Previous placement in 2016 is 81 sen. Interesting. Of course, no placee(s) wants to incur losses, especially RM50m and with holding costs.

Let's see how it works out. It may be an opportunity. More importantly, EBITDA is growing fine from RM60m to RM100m (in 2 years), and estimated to be RM122m (FYE20) by analyst. I believe they can do better than analyst estimate, with Solar and Tower expansions.

And also getting good value from the subsidiary placement in one or two months.


frank74
242 posts

Posted by frank74 > Nov 15, 2019 6:24 PM | Report Abuse

Actually, I agree with sosfinance. It is just 3sen above what the placees paid for their placement shares, which is not totally logical. I’m sure there was some kind of assurance given to placees for them to commit. If it goes below 55, they may as well have bought from the open market. Anyway, that’s just my point of view.


sosfinance
1296 posts

Posted by sosfinance > Nov 15, 2019 8:04 PM | Report Abuse

@frank74 the placement price is 60 sen, not 55 sen. The EBITDA of OCK's tower assets only for 2019/2020 is about RM70m. Depends what multiple they can get, conservatively 10-12 times. Not included is the engineering biz and green energy assets.


frank74
242 posts

Posted by frank74 > Nov 15, 2019 10:32 PM | Report Abuse

my apologies, 60 sen. The point remains the same.


share2014
390 posts

Posted by share2014 > Nov 16, 2019 8:26 AM | Report Abuse

Monday up lah better catch before it shoots up


Armageddon
135 posts

Posted by Armageddon > Nov 18, 2019 3:24 PM | Report Abuse

Still can go in? 0.59


beachboy
1423 posts

Posted by beachboy > Nov 18, 2019 4:20 PM | Report Abuse

Any good news? Or blindly goreng


Lee1045
126 posts

Posted by Lee1045 > Nov 18, 2019 5:19 PM | Report Abuse

Maybe qr looking good...


Fooksing Wong
1118 posts

Posted by Fooksing Wong > Nov 18, 2019 6:25 PM | Report Abuse

MAYBE REPORT LOOKING GOOD. I ALSO BUY IN TODAY AT 0.595


TP500
150 posts

Posted by TP500 > Nov 18, 2019 6:26 PM | Report Abuse

when price drop say holland result ,better run fast .....when price up sikit ,say result good .....peninglah


lee_m2020
3021 posts

Posted by lee_m2020 > Nov 18, 2019 9:31 PM | Report Abuse

hahaha... good, but this counter is yet to prove breaking 0.635, otherwise will be back to .58


TP500
150 posts

Posted by TP500 > Nov 19, 2019 9:25 PM | Report Abuse

today drop=holland result


Lee1045
126 posts

Posted by Lee1045 > Nov 19, 2019 9:29 PM | Report Abuse

Tomorrow up=Excellent results?


sosfinance
1296 posts

Posted by sosfinance > Nov 19, 2019 10:37 PM | Report Abuse

About 70% is held by financial institution (plus major shareholder). Last year was 74%, 4% being Shariah Funds, which was all sold down. Very low float, like many other Bursa stocks. Disregard the narrow price movements, the results will be good (based on expansion + better tenancy of tower biz).

With another private placement of the subsidiary OST in a month or two (unlock the value of its tower assets), it will allow the Group to expand further in tower assets. If we add up the capex for 3.5 years until 30 June 2019, the Group has spent about RM600m on tower assets, which is sustainable (5-15 years lease rental) and growing.

So, have to be patient for next one to two quarters at least, to see the positive results. Besides PAT, it is also important to monitor the growth of EBITDA (as the towers assets is valued by the market using EBITDA multiples). About 60% of the total EBITDA is from towerco biz, and it is growing.


sosfinance
1296 posts

Posted by sosfinance > Nov 20, 2019 9:07 AM | Report Abuse

EBITDA 2016 - RM60m, 2018 - RM100m, 2020E - RM120-140m. (For 2018, 60% of EBITDA is from tower assets which its earnings is sustainable and growing).


Fooksing Wong
1118 posts

Posted by Fooksing Wong > Nov 20, 2019 6:24 PM | Report Abuse

im still keep ock share. i buy for next year project. price now 0.595 . let see next year. price sure will more then now :)


Lee1045
126 posts

Posted by Lee1045 > Nov 20, 2019 7:15 PM | Report Abuse

Another 1 more month than go to year 2020. Coming soon...


VFTRADER
721 posts

Posted by VFTRADER > Nov 21, 2019 9:32 AM | Report Abuse

During PP to any new potential investors, financial forecast projection normal spread for 3-5yrs which means new investors are looking beyond 2020 company performance.

PP at 60sen which is at current mkt price instead of 55-56sen logically not fare to the new investors but bear in mind that they are NOT STUPID.

The new investors are looking forward to annual ROI of 7-10%.

This is just my guess. NJOY


Fooksing Wong
1118 posts

Posted by Fooksing Wong > Nov 21, 2019 10:59 AM | Report Abuse

I HEAR MY FRIEND SAY OCK QR3 SO SO ONLY. I CUT LOSS


ttt
254 posts

Posted by ttt > Nov 21, 2019 2:55 PM | Report Abuse

fooksing wong, faster sell.


Lich
381 posts

Posted by Lich > Nov 21, 2019 5:52 PM | Report Abuse

Really not bad.
Revenue of RM131m 19.4% yoy and 13.1% qoq
PATAMI RM8.5m 9% yoy and 21.5% qoq.


Lich
381 posts

Posted by Lich > Nov 21, 2019 5:55 PM | Report Abuse

RM8.5 x 4 =RM34m ---> PE of 16.3x but surely the quarters to come should continue growing on the back of its tower portfolio and what not.


Fooksing Wong
1118 posts

Posted by Fooksing Wong > Nov 21, 2019 6:16 PM | Report Abuse

lich , i dunno see report. my friend tell me d. so so - not bad

mi QR out too ... i also dunno report good or not ... lol


ttt
254 posts

Posted by ttt > Nov 21, 2019 6:17 PM | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6345957


Lich
381 posts

Posted by Lich > Nov 21, 2019 6:19 PM | Report Abuse

already out bro the report


laychee
1356 posts

Posted by laychee > Nov 21, 2019 6:31 PM | Report Abuse

First 3 quarters are better than similar quarters last year.


frank74
242 posts

Posted by frank74 > Nov 21, 2019 6:35 PM | Report Abuse

I think on a whole it’s not bad. My concern is, why is the regional revenue almost stagnant when depreciation has almost doubled? Wouldn’t the latter mean that more towers are in play? The profits are holding up, thankfully, because of the Malaysian business, which has picked up again. The tower business needs to contribute more going forward. Not sure if I’m seeing it right


ttt
254 posts

Posted by ttt > Nov 21, 2019 6:48 PM | Report Abuse

not sure why but they ended with RM570k of cash only at the end of Q3. Scary cash management


kahsoon888
576 posts

Posted by kahsoon888 > Nov 21, 2019 8:06 PM | Report Abuse

Bad result....


Lee1045
126 posts

Posted by Lee1045 > Nov 21, 2019 8:16 PM | Report Abuse

Bad results? Please explain how bad?


Fooksing Wong
1118 posts

Posted by Fooksing Wong > Nov 21, 2019 8:41 PM | Report Abuse

Not so bad. So so only. Let him drop abit only.will buy back


sonyx
93 posts

Posted by sonyx > Nov 21, 2019 8:50 PM | Report Abuse

Good results la. See carefully. yoy and qoq better


sosfinance
1296 posts

Posted by sosfinance > Nov 21, 2019 9:22 PM | Report Abuse

1) Based on Bursa website detailed results, YoY is 21.5% and QoQ is 9.02% (not as shown above, opposite). This is better than analysts estimates.

2) Tower construction order is good, about RM130m.

3) EBITDA is better than analyst's expectation

4) Cash balance is low after net of pledge, as they have bulky trade debtors. Anyway, the latest PP has raised RM52m. And subsidiary is expected to have PP as well to third party.


lee_m2020
3021 posts

Posted by lee_m2020 > Nov 21, 2019 10:11 PM | Report Abuse

dont worry guys.. among top 20 best counters, i put OCK the top 3 most stable counters. no headache... u can put ur money here..


share2014
390 posts

Posted by share2014 > Nov 21, 2019 10:51 PM | Report Abuse

Tomorrow back to 0.60


temerloh
3 posts

Posted by temerloh > Nov 21, 2019 11:25 PM | Report Abuse

No worries la.result ok bah.


frank74
242 posts

Posted by frank74 > Nov 22, 2019 9:55 AM | Report Abuse

Judging by how the Malaysian business has been contributing this year. Q4 is going to be very good. FY growth over last year will be respectable. That's my guess.


sosfinance
1296 posts

Posted by sosfinance > Nov 24, 2019 11:26 AM | Report Abuse

Spin off of towerco assets as mentioned by analysts soon? This will add about 20-25 sen to OCK Group, although research house 13-35sen. If this is the case, 20 sen is equivalent RM174m, good for further expansion.


share2014
390 posts

Posted by share2014 > Nov 24, 2019 3:22 PM | Report Abuse

Wow


Armageddon
135 posts

Posted by Armageddon > Nov 27, 2019 4:03 PM | Report Abuse

Coming?


Armageddon
135 posts

Posted by Armageddon > Nov 28, 2019 3:06 PM | Report Abuse

Save Print Back

0172 OCK OCK GROUP BERHAD
MEMORANDUM OF UNDERSTANDING
MEMORANDUM OF UNDERSTANDING
OCK GROUP BERHAD (OCK OR THE COMPANY)Memorandum of understanding (MOU) with
China Information Technology Designing & Consulting Institute Co. Ltd.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

28/11/2019 12:41 PM


Ref Code: 201911283000087


sohaitrader
463 posts

Posted by sohaitrader > Nov 28, 2019 3:06 PM | Report Abuse

MEMORANDUM OF UNDERSTANDING OCK GROUP BERHAD (OCK OR THE COMPANY) Memorandum of understanding (MOU) with China Information Technology Designing & Consulting Institute Co. Ltd.
OCK GROUP BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description OCK GROUP BERHAD (OCK OR THE COMPANY)
Memorandum of understanding (MOU) with China Information Technology Designing & Consulting Institute Co. Ltd.
The Board of Directors of OCK is pleased to announce that the Company has entered into a Memorandum of Understanding on 28 November 2019 with China Information Technology Designing & Consulting Institute Co. Ltd., a subsidiary of China United Network Communications Group Co. Ltd or more commonly known as China Unicom.



A copy of the press release setting out the information on the MOU is annexed herewith for your easy reference.



A detailed announcement in respect of the MOU in compliance with Listing Requirements will be released separately today.



This announcement is dated 28 November 2019.


sosfinance
1296 posts

Posted by sosfinance > Nov 28, 2019 3:19 PM | Report Abuse

One of Unicom's subsidiary is listed in HK with market cap of USD210 billion (HKD6.68), and a month ago the company is above RM1.0 trillion (HKD8.50). Good news.

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