edotco pp to KWAP in 1H17 is at around RM3.50/share.

Some said edotco planning to list in 2018 after complete of recent tower purchase in Pakistan which push the total tower owned to 26,000. It is almost justify for them to get listing once they hit at least this number.

14-Aug = Buy rate = 32%. Ave px=0.915
23-Aug = Buy rate = 21%. Ave px=0.942
5-Sep = Buy rate = 32%. Ave px=0.968

Akmal, for any boss who run a business, internally they need to close their account on monthly basis to see the sales and profit so that they can rearrange their strategy.

So basically the management already knew 1st hand QR in end of Jun ( for this case) and it is bursa regulation for them to announce the QR result within 2 months.

when they crash the price on 21-Jun, vol not big just 48058. Buying rate = 32% and ave px=0.795.

now vol is 52515 and buying rate = 31%.

haha, then thank you very much.

Let me share my data with you all for your to make simple decision.

Before prev QR out before hari raya in Jun, someone crash the price from 0.845 to 0.785 and closed at 0.790 on 21-Jun. And dont know why on 29-Jun, price hit 0.945 and closed at 0.885.

Rumors = big buaya is pressing down the price to force people selllllll.

stay tune...

Who runaway from Comfort can think of TopGlove coz they want to be Fortune 500 co.
Good luck.

https://themalaysianreserve.com/2017/08/30/top-glove-aims-for-fortune-500-list/

http://www.thesundaily.my/news/2017/09/03/sp-and-moodys-affirm-ratings-outlook-axiata

Their valuation on tower company- Axiata

http://www.thesundaily.my/news/2017/09/04/ock%E2%80%99s-regional-expansion-viewed-positively

https://themalaysianreserve.com/2017/08/30/top-glove-aims-for-fortune-500-list/

i think 50sen was the time before share consolidated. consolidation was done on the basis of 2 into 1 and share price become 70sen at that time.

So we can say CG baseline is starting from 70sen.
When investor bought at around 70sen +/-, it can consider at the lowest price range.
Very safe.

What happen to careplus management team? no proper cost control monitoring system??

Are they targeting 1.05 today??

http://www.thestar.com.my/business/business-news/2017/08/30/axiata-close-to-pakistan-deal/

edotco 2 purchase in Pakistan.

a) WIP
US$1b for 13,000 towers
Per tower = US$77k

b) Done
US$88.9mil for 700 towers
Per tower = US$127k.

best chance to pick up before it go above 1.00...
good luck

@Cheated, you are right. they should do it when the price hovering around 70sen++.

But think another way, since they bought it at 95sen++, it show that they still have big room for price up.

stay tune...

yehh, baibai deleted his post...

Yes. long holidays. 4th party is using this to encourage for more seller before the long holidays so that price can push up to 1.10 by next Wed.

From OCK AR, solar business is under OCK Setia Eng which owned 51% of EL Power Tech.

10sen per week = average 2-3 sen up per day. not a big deal.

QR will be out end-Sep. if there really have major corporate announcement like bonus issue, then market will have sufficient time to push the price up to 1.40 which means 10sen per week.

1 announcement today.. are they start venturing into power related business??

When taiko said this, it means their customers already confirmed CQ3 order and for CQ4 order forecast, the number is already there..

Good sign for glove companies.

https://themalaysianreserve.com/2017/08/24/favourable-outlook-manufacturing-firms-2h/

TopGlove taiko...

When there was any insignificant share transferred to 3rd party, there always a possibility that the 4th party will goreng... Stay tune.

Good. feel like something is brewing in CG which will link to so call corporate exercise n suspect will be announce together with QR next month.

Only time can tell.

Share transferred. Time to goreng??

RHB was OCK IB on Seath purchase.
So RHB research worth to take a look.

They try to kick out those who bought at 0.97 n 0.98 range before heading north...
Tmr hopefully can touch 99sen.

I think someone kena trap at 80sen++ on rubberex and ask someone to buy out their lots....

For the past 6 days, sellers more than buyers.
Today shown positive sign whereby buyers slightly over sellers.

TQ Zai Zai

https://www.google.com/search?q=Indonesia+listed+tower+company&oq=indonesia&aqs=chrome.0.69i59j69i57j35i39j69i60j0l2.5559j0j7&sourceid=chrome&ie=UTF-8

sos, this link ok?

https://www.dbs.com/aics/pdfController.page?pdfpath=/content/article/pdf/...

Based on the dbs research, XL is offering Rp10m/mth rental for Indonesia market which translate to US$750/mth (RM3k)

Relook on Axiata article about edotco infor:

[a] est Rev in FY17 = RM1.5bil
[b] Total tower owned = 17,500

Average rev
[1] Per tower per year = RM85k.
[2] Per tower per mth = RM7k.

Seems like rental for SEATH tower was under-charge...

Exchanged of market infor on tower business in Msia with tower contractor:

[a] 3 leg tower.
Build cost est =RM300k (very closed to OCK figure)
Rental rev per month = basic package with 3 telco tenant = min rental revenue is Rm10k-15k/mth.

[b] rooftop station
Spece rental = RM3k to 5k/mth to shop owner depending on location.
Total revenue rental collected from telco = not sure

So from here, look at SEATH infor again.
FY2015, rev=RM49mil
Total tower = 1,983.
Rev/tower/yr = RM25k.
Rev/tower/mth = RM2k.

Remarks:
[a] The rental revenue is very much lower compare to Msia rate.
[b] 2 possible case: too competitive or under charge.

Opportunity:
If it is under charge, then potential of rev upside will be very strong.


PLEASE ADVICE.

For price indication, just can refer to Supermx 2014Q3 report. I think price should not change too much.

For line cap information, can refer to Comfort information..

For 8 new lines, average 2 lines per Q. Now 4 lines should be ready.
Per line cap = 100mil gloves.
selling price of 1000pcs gloves = 1 pkt = est US$16-25.

Next week should be a happy week...

The good of dividend is depend on the investment timing.

If you invest RM10 in TopGlove in 2001 and keep until now, last year the dividend was RM13. Return is 130%.

If you bought RM10 in TopGlove in 2016, then the return (dividend yield) is only 3%.
Almost same as FD but need to suffer loss if share price down.

Depend on someone's need.

http://www.epochtimes.com/gb/17/8/10/n9517074.htm

Hello, Mr. Buaya, why market so bad and you still support at 0.905. No meaning.
Let it go down to below 0.80 lah then bai bai will be very happy...

EPF is going to release CQ2 result by this or next Fri. Hopefully good return so that can get >6% dividend for 2017

There is a way to make complaint if the QR cannot fully trust. Can fwd the complaint to SC or Bursa. With supporting document and if proven, directors can be fined and counter can be suspended, then price will limit down.
Good idea, can try...

sell lah, make some money then u can belanja bai bai makan...

This morning market kacau by N. Korea

http://www.epochtimes.com/gb/17/8/4/n9498006.htm

Harta result is too good to believe...
Cap for CQ1 & CQ2 are the same but order was pouring in...
very good sign for the market.

lai lai...

Haha. for the past 3 weeks, CI up 20point, but 70% of the trading day was losser more than gainers. This is how the big fund play the cheating game.

There is a direction for them to push market up to 1,800 then they will play zip zep game.

Haha, you all, please listen to mrciii as price will drop to below 80sen.
My team will standby 2mil there to buy....

but tomorrow will go above 1.00....kekeke