Highlights
KLSE: OCK (0172)       OCK GROUP BHD MAIN : Telco&Media
Last Price Today's Change   Day's Range   Trading Volume
0.585   -0.005 (0.85%)  0.585 - 0.595  667,000
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Active Warrants

Name Type Listing Date Maturity Date Exercise Price Warrant Price Ratio Premium Gearing
OCK-WA Warrants 22/12/2015 15/12/2020 0.71 0.08 1:1 0.205 (35.04%) 7.312
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  16 people like this.
 
Tom I think you didn't understand what I meant, I only hold small portion of ock shares and have no problem waiting
06/01/2020 5:43 PM
WY Chan its ok lah Tom... just a general comment.... i also hold a small portion.....

others already long move.....
07/01/2020 11:17 AM
slee 背离出现了,好像有机会。如果突破0.63就美了。暂时是突破平均线50天了。
07/01/2020 10:51 PM
zamrie ada YM Syed Hazrain ada project NFCP sarawak
10/01/2020 3:47 PM
ttt any more news ?
10/01/2020 4:25 PM
ttt Does OCK participate in this ? Is this a direct award to OCK , or awards to Telco which subsequently engages OCK for the job ?

https://www.mcmc.gov.my/en/media/press-releases/nfcp-1-to-be-awarded-to-successful-licensees-in-ea
13/01/2020 1:58 PM
feiloh More or less will invovle ock..
13/01/2020 4:07 PM
WY Chan i see it as a good news.... sharing telco tower among the key player.....
14/01/2020 9:56 AM
ttt well, the thing about 5G installation is that it involves micro-cells. I am thinking if do you really need a certain expertise for the installation of micro-cells since its probably about the size of the router and can be cheaply installed and maintained. Wondering if Telcos actually need OCK fo this.
14/01/2020 10:19 AM
sosfinance 1) This stock needs more analysts to cover. EBITDA of towerco is RM70+ million x multiple of 11 = RM800m. Edotco did it at multiple of 12.5x (for reference). No towerco is listed on Bursa, basically operating cash flow is much better than P&L. It it more appropriate to use EBITDA to value towerco, which is the market practice.

2) Older solar pv cost ranges from RM8-10m (50-60% more expensive against new solar pv, but with higher tariff), assuming they bought 3MW plus (Green Leadership). Solar payback period is about 7 years.

Both towerco and solar is capital intensive (spent RM600m plus, but provide long term sustainable cash flow).
14/01/2020 11:12 AM
roszali First batch of NFCP deployment will be awarded in January 2020
https://klse.i3investor.com/blogs/Treasureseekers/2020-01-03-story-h14...
15/01/2020 10:05 AM
WY Chan can throw to the garbage bin
15/01/2020 10:36 AM
avengers123 wonder why paying so much money (31 mil) on a losing company? net asset only 9 mil. what is IRR justification?

2. The net profits and net assets of Green Leadership based on its latest audited financial
statements.
(a) Net losses of Green Leadership Group – RM1,904,203; and
(b) Net assets of Green Leadership Group – RM9,990,298.

3. The basis of arriving at the Purchase Consideration other than on a “willing buyer
willing seller” basis. If it was based on net assets, the year the net assets were taken into
consideration, qualifying the net assets and stating whether it was based on audited
financial statements.
The Purchase Consideration was computed based on a Financial Model supported by
IRR returns.
15/01/2020 7:44 PM
Lich Because solar plants need time to build. so there will be accounting losses during construction. From the sound of it, should commence operation soon and generate sustainable cash flow, presumably selling back to the grid to TNB.
15/01/2020 8:47 PM
ttt paying RM3 for a RM1 product.
16/01/2020 8:41 AM
ttt and supported by IRR model is a stupid reason. they should more forms of justification. If it is true there would be a sustainable cashflow, i'm sure the purchase comes with some form of guaranteed profits else whats the risk if there is no generation.

i hope they make a better investment with their balance RM21 million from the placement
16/01/2020 8:44 AM
ttt u can have a positive IRR but have a 20 years+ payback period.......... and by then, solar panels would be even cheaper... the last i check Green Leadership has i think 1 or 2 MW of solar. These days, on average a MW would cost about RM5 - 7m , depending on the type. So given 2 MW, at most, it would be worth RM15m
16/01/2020 8:46 AM
Lich I think the acquisition of green leadership is not just for the their solar farms, but their expertise in renewable energy, perhaps putting them at a better position to bid for LSSPV projects in the future. Also,no solar farms have a 20 years payback period. LSSPV plants in Malaysia have a PPA of about 20 years only. The tariffs are fixed upfront, derived from the target IRRs of the owners. So it doesn't matter how cheap solar panels will be in the future. Existing plants will not be undercut.
16/01/2020 9:58 AM
WY Chan Lich Because solar plants need time to build. so there will be accounting losses during construction. From the sound of it, should commence operation soon and generate sustainable cash flow, presumably selling back to the grid to TNB.


Sure boh Lich.... all construction related cost can be capitalised an depreciated over the years when it start operation..... else where do u get the fixed assets when it is written off immediately....

the loss is other things related and not construction related....
16/01/2020 10:09 AM
sosfinance <SOLAR> Typical solar PV is 6-7 years payback period. In the PPA, tariff is fixed, normally for 21 years from SEDA. Older PPA has higher tariff as the cost of construction is much higher. As long as we do not have the details, it is not possible to evaluate whether they over or under pay. LSS3 estimates the cost of construction is about RM4m per MW (RM2.0b for 500MW).

<If we looked at the research report, the research houses used the enlarged capital after conversion of warrants to arrive at the target price, say 75 sen. However, it did not take into account the proceeds from the conversion, about RM187m, which is worth another 16 sen. Hence, the adjusted TP should be 91 sen>

<The spinoff to the PE will also bring in 15 to 20 sen per share, timing is essence for their warrants conversion>
16/01/2020 10:23 AM
Lich Dont think everything can be capitalised. But then again, no transparency on the figures.
16/01/2020 10:24 AM
ttt they should do a proforma and show shareholders ler...
16/01/2020 11:49 AM
win1661 well this ock old man getting old cant think straight wasting money wasting time just sell the solar biz use that money quickly buy and build more towers and list it. they do that, i guarantee the share hit 2.00
16/01/2020 1:24 PM
ttt win1661, i support you buy over the company (spiritually)
16/01/2020 2:49 PM
sohaitrader All IN OCK ....... should will reach 70 sen above
16/01/2020 4:20 PM
khphua25 Sailang
16/01/2020 7:44 PM
win1661 all in, sailang... so sure kah?
16/01/2020 8:07 PM
slee Sailang
17/01/2020 7:13 AM
123456 Kenapa sailang ?
17/01/2020 8:40 AM
sohaitrader superb duper Sure sailang Ock from now .... and hold .. do not contra
17/01/2020 10:06 AM
JeffGuo999 grap very nice
17/01/2020 10:20 AM
sohaitrader yes chart very nice dy .. but havent start momentun .. nid to break 635 ~ 675 1st // operator still playing retail investor ..
17/01/2020 10:53 AM
sohaitrader the telecommunication sector chart also just break out resistance trend line .. leading by Axiata .. so ock may follow later
17/01/2020 11:31 AM
win1661 so those sailang yesterday cut loss today?
17/01/2020 12:22 PM
Lich win1661 hahahaha....
17/01/2020 12:36 PM
khphua25 Who cut loss will regret in soon..
17/01/2020 2:40 PM
sohaitrader ya who cut loss will regret in soon .......
17/01/2020 3:02 PM
Lee1045 Consolidates too long time already. Should be good timing for booming up next round.
17/01/2020 7:28 PM
sohaitrader yes next week sure have show
17/01/2020 7:54 PM
stncws https://www.theedgemarkets.com/article/malaysias-5g-step-closer-reality
17/01/2020 7:55 PM
sohaitrader OCK RSI need to break 70 level when it push up n break rsi .. den only can treat it as momentun start ...
18/01/2020 2:30 PM
Lee1045 No show. Maybe after Cny...
20/01/2020 1:51 PM
WY Chan wayang kulit.....
20/01/2020 5:08 PM
ttt whre is the shwo ?
20/01/2020 5:16 PM
ttt Based on a scenario modelled by the Task Force, it is estimated that the total number of
5G sites required to achieve 90% population coverage is approximately (±10%) 10,000
sites on 3.5GHz 100MHz C-band.
The Task Force’s high-level estimate assumes that a 5G radio can cost about RM510,000
per site including software. Hence, a total of RM5.1 billion is required for 10,000 sites.
Taking into account all other costs such as upgrading of the core network, radio and
transport networks, IT systems, etc., the overall cost for a network upgrade to 5G would
be about RM7.5 billion
20/01/2020 5:38 PM
ttt When is the NFCP project being awarded ? All articles on MCMC mentioned early January. We have already gone into the "late" part of January.
21/01/2020 12:54 PM
sohaitrader ya.. d operator just keep press down d price .. = =
21/01/2020 2:36 PM
sohaitrader trader should entry once price break above 610
21/01/2020 2:36 PM
ttt yesterday i dream the stock price hit RM4.26...hahaha
21/01/2020 4:23 PM
Lich ttt what drugs did you take?
22/01/2020 9:35 AM


 

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