don't think there is any change in the company fundamental, the only thing i can think of is the political instability in Rakhine State, Myanmar

The share price movement is rather disappointing and frustrating, but no need to talk bad about people. After all, buy or sell decision is always by you.

Can anyone enlighten me on the profitability of build and lease tower business model? Is it more profitable compared to help those telco companies build and handover? How do we know what is the profit if tenancy ratio goes up? Thanks.

@warchest
Why there is a sell down by syndicate?

@warchest
The inventory had increased from 57,760k at 31-Dec-2016 to 104,118k at 31-Mar-2017 and slightly further to 108,339k at 30-Jun-2017. This is 87.6% increase. I wonder why there is such a huge increase in inventory. If this inventory is recoverable, in the near future, we should see decrease in inventory and increase in operating cashflow and net profit.

If you look at OCK share price movement for the past few years, the best performance of the share price during the year is usually from March to August.

Karex's high expenditure is going to be sustained in the near future, so don't hope that it's net profit will soar suddenly, invest for long term yes, short term better run http://www.enanyang.my/?p=916443

Here comes the fall, collect below 80c.

is it normal for company to issue warrant at negative intrinsic value?

Anyone have any idea on the queue? Why there is such phenomenon? What is their intentions?

here comes the dive... before it rises again

UMA I hope the share price can go holland too, so that I can buy below 1.50!!!

price hike is very strong over the last few months, 3 more weeks to go before the quarter report is released. although i am damn bullish on MMSV earnings this year, i wonder what will happen in the next 3 weeks!

dropping spree...

HITnRUN bro, big catalyst is transferring to main board. So, I am guessing BIG catalyst is main board + bonus issue? :D

HITnRUN bro, I didn't expect my quarter 2 revenue to be accurate. However, at least my simple calculation gave me a base to buy into MMSV. 20millions net profit is definitely not a problem for MMSV this year. What is the BIG coming catalyst? :-)

How come RGB have so many ESOS?

So many ppl are saying good news on this stock.
HITnRUN bro said coming QR is the highest ever in the mmsv history in terms of revenue, profit, eps.....very good bussiness outlook for Q3 & Q4...
Then, Chelsea bro said Coming EPS is around 5.5 to 5.76. It easily hit RM2.
And Berkshire bro said Director of MMSV, Mr Tan has acquired another 130k of MMSV share at 10 Jul, with price range 1.47 -1.51 on that day. Still doubt on the coming results?

Ok lo, since so many ppl are optimistic on this stock, I think we should do some simple calculations to see if that is true. Afterall, the KLCI is on downtrend leh. Referring to the below article from the Star: http://www.thestar.com.my/business/business-news/2017/06/05/chip-test-equipment-makers-remain-bullish/

50 units equipment were delivered to client as of June 5, 2017 and 20 units to go before end of June, meaning 70 units in the 1H2017. Each unit can sell between 100k to 220k USD. So, for simplicity, I take the average which is 160k USD. 1H2017 revenue should be 70 unit * USD 160k/unit * RM 4.25/USD = RM 47.6mils. Q1 reported revenue is 14.9mils, so Q2 revenue should be 32.7mils. The average past 4 quarters profit margin for MMSV is 26.625%. Hence, 32.7mils * 0.26625 = 8.7mils. WOW, that is fantastic man. It is equivalent to 5.34 EPS. Seems like HITnRUN bro and Chelsea bro are right.

Ok, next, 30 to 40 units to be delivered in the 2H2017 as of June 5, 2017. That is assuming no more additional order coming till the end of 2017, which I think should be quite conservative. So, total 110 units in 2017. If you repeat the steps above, you will get RM 74.8mils revenue and 19.92mils net profit for whole year 2017! The best result ever.

Finally, let us see what should be the fair price. 19.92mils is 12.22 EPS. If we use PER of 15, MMSV worths RM 1.83, slightly less than Chelsea bro TP of RM 2. Nevermind, if let says MMSV can transfer to Mainboard due to all these excellent results, they should demand higher PER. Considering PER of 20, the share price should be 12.22 * 20 = RM 2.44!! Awesome.

In the end, we don't know what is the actual result until the company publishes it. What do you think?

Berkshire bro, if director trades on insider information (knowing the coming quarter result will be good), isn't it a violation of law? Directors can sell or buy based on personal needs. However, it can also be that the director has good confidence on the future business prospect.

Especially for those who came all the way from 0.6x, realized gain is always better than unrealized gain. Look at ock wa, reached an all time high of 0.41, now all the way back to 0.33.

KLCI is trading down trend now, market is on profit taking mode. If you are feeling uncomfortable, it is advisable to sell your stocks now. The next support line for MMSV is at 1.40.

On Jan 1, 2017, MMSV stock price is ~0.55, last Friday it closed at 1.5, YTD return is 170%. I wonder how high can it go, just to be safe. Any thoughts on this, anyone?

Sold everything today, lost 16% on this stock. High risk high return. It seems like I only caught the first part, high risk. Someone must have gotten the high return part. Good luck guys.

bought Amway at 8.60 and still holding now

P/E does not work well for a turnaround company. Careplus made a loss in Q3 2016. Imagine that loss becomes a profit this year, then you will know why the P/E is trading so high now.

Minher bro, ur boss throw his 1 million shares already? :-)

Everyone is betting on ecrl. Couldn't imagine what will happen if gbg did not get anything from it.

TP ock wa 60c by year end

OCK 0172

Plus point
Backward looking
-5 years plan looks great, revenue 5 years cagr at +24%, good indication of uptrend with recent hike of +27% growth 17 vs 16
-GP is kept at a very healthy level, Profit after taxation 5 years CAGR at +17%
-Traditionally business is more reliance on second half, 2015 1H 33% 2H 67%, 2016 1H 37% 2H 63%. Therefore indicating a better entry time during 1H of the year as profit will usually trend higher in coming 2H of the year.
- Upcoming e-commerce DFTZ in Malaysia will indirectly benefit OCK, currently OCK clients covers all major telco and also smartphone player in the market.
-Good business mix with M&E engineering service and trading segment complement its core telecommunication networks servicing its own segment (bao ka liao). Current investment on green tech / solar power also offer stable recurring passive income for the company.
-With current heavy investment in the oversea thirdworld country, the growth would mainly be driven by these untapped market.
-its healthy cash flow on the back of escalating recurring income trend

Forward looking
-Telenor Myanmar 5 years target is to reach 90% of its population with 2000 telco tower erected. Currently OCK is completing the 920 towers that were being awarded and expecting they will be further awarded. Telco tower is currently on and build and lease basis, OCK would have 2 years time for tower rental collection. After two years exclusivity deal with telenor they would be able to lease to any local player therefore benefit from higher income yield



Minus point
Backward looking
-Revenue 17 vs 16 growth at +27% whereby Profit after tax only grew +12%, indication of possibly over-investment / mistake done in managing the operating cost.
-Potential upside of MYR might be one of the minus point for OCK as most of their business relying on USD

Forward
-Rising raw mat pose as challenge for the group as they are heavily relying on steel. 2015 construction raw mat causes the group around 40%. Possible fluctuation of the steel price will potentially dampen the profit moving forward.
-Smart phone and telco penetration in Malaysia is already at a pretty high level of approx 97.9% (base on 2015 Malaysia department of statistic study) therefore upside of more infra building is limited. Further to this, company reliance on Malaysia telco space is high as Malaysia local revenue contribute 83% overall. Overseas expansion will help to mitigate the potential risk.

chl1989, u sure the fundamental is still intact, dun cheat me le. u think will there be any dividend for this month?

Digi is a good stock, but dividend payout ratio is close to 100%, further increase in dividend is unlikely without increase in revenue and net profit. Considering current competitive environment in Telco (u mobile and tm getting into this mkt), it seems like digi has to bear with not so good result for some time until the overall sentiment improves.

a good company pays good dividend and continues to grow; a bad company does not pay dividend and cannot grow