Posted by wecan2088 > 2016-07-26 10:13 | Report Abuse

hard to break 84.5sen wow

Posted by wecan2088 > 2016-07-26 10:13 | Report Abuse

who block the share price to rise ?

Posted by stainlyho37 > 2016-07-26 10:17 | Report Abuse

time yet to come..just buy & keep ...i bought mothers & sons since may16..still continue collect ..

Posted by wecan2088 > 2016-07-26 14:07 | Report Abuse

i scare they selling their shares now

Posted by zoomboom > 2016-07-26 16:51 | Report Abuse

wecan2088 who are they?......
why can make u fearful?.....

Posted by Keelip Danny > 2016-07-26 17:06 | Report Abuse

What happened??

Posted by aidwiz > 2016-07-26 21:12 | Report Abuse

sell more. we will buy haha.

Posted by PL8888 > 2016-07-27 19:13 | Report Abuse

Like stainlyho, I started buying mother and sons in May 16. Still accumulating now. More for long term at least 1 year.

Posted by ACE9696 > 2016-07-29 00:04 | Report Abuse

tunggu mati

Posted by funda > 2016-07-29 17:24 | Report Abuse

cannot break 0.84-0.845 ><

Posted by imoogi99 > 2016-07-29 17:35 | Report Abuse

Not today but volume looks good for next week. The triangle is getting tighter and tighter....matter of time.

Posted by robroy > 2016-07-29 18:33 | Report Abuse

agree with you janethoran... bengong. never break 0.84 - 0.845

Posted by Zai Zai > 2016-07-29 19:04 | Report Abuse

congra shareholder

Posted by CharlesP > 2016-07-30 15:12 | Report Abuse

30-Jul update on OCK for sharing purpose.
http://to-the-north-pole.blogspot.my/2016/07/ock.html

Posted by zoomboom > 2016-08-01 16:44 | Report Abuse

management is transparent, accountable and responsible by issuing out that clarification. good corporate governance :-)

awaiting patiently.

Posted by sharktank > 2016-08-01 16:47 | Report Abuse

wau....it never deny...it means true.

Posted by funda > 2016-08-02 23:15 | Report Abuse

Further to the Company’s announcement made on 1 August 2016 in relation to the abovementioned Article as appeared in Focus Malaysia on 30 July 2016, the Company wishes to deny the statement which disclosed that the Company is investing some RM200 mil to build telecommunication towers for lease to an operator in Vietnam and the deal is believed to be in the final stages of negotiation. The Company is not in negotiation stage of any contract to build telecommunication towers in Vietnam but the Company is in the midst of negotiation of acquiring a Company which is a tower facilities, utilities and communication network for mobile and broadband operators.

Company acquisition, even better. Can provide recurring income straight away

Posted by zoomboom > 2016-08-03 09:49 | Report Abuse

thanks for sharing funda.

this gem gets more and more interesting by the day...
continue to watch and be patient.

focused.

Posted by funda > 2016-08-03 12:04 | Report Abuse

waiting for it to fly...

Posted by AbangSatay > 2016-08-04 11:39 | Report Abuse

it will fly one day have faith :D

Posted by sharktank > 2016-08-04 12:53 | Report Abuse

...suspension pending a material announcement. : )

Posted by AbangSatay > 2016-08-04 13:15 | Report Abuse

hi do u guys know suspension until when?

Posted by Relax > 2016-08-04 13:31 | Report Abuse

The Board of Directors of OCK wishes to announce that Bursa Malaysia Securities Berhad (“Bursa Securities”) has approved the Company’s request for a suspension of trading of its securities on Bursa Securities from 2.00 p.m. Thursday, 4 August 2016 till 5.00 p.m., Thursday, 4 August 2016.

Posted by Keelip Danny > 2016-08-04 13:35 | Report Abuse

Gud news coming? :)

Posted by zoomboom > 2016-08-04 13:52 | Report Abuse

getting more interesting.... suspense ... lol

www.thestar.com.my/business/business-news/2016/08/04/ock-susp-possible-news-of-purchase-of-firm-with-tower-facilities/

Kana Miko, nice speculation on 25zai lol....

let's see what's up after 5pm. tomorrow will be an interesting day for this gem. time to break 84.5Sen?

stay calm.stay focused. keep steady.

Posted by Relax > 2016-08-04 14:03 | Report Abuse

Usually a company will request for suspension for trading until they make an important announcement.If its good announcement,then the shares will be up for GRABs once trading resumes.UMA will not query once share price fly. I anticipated this will be a good one.Good management team ,good company in good hands..

Posted by sharktank > 2016-08-04 14:06 | Report Abuse

they will calculate average price previous five days to come out with placement price next Monday. the party will begin on next Monday.

Posted by janetrohan > 2016-08-04 14:07 | Report Abuse

suspended!

Posted by Lim Elson > 2016-08-04 15:03 | Report Abuse

tp ?

Posted by funda > 2016-08-04 15:12 | Report Abuse

hopefully this round can break tru!... :D

Posted by Wong Yong Keong > 2016-08-04 15:39 | Report Abuse

http://www.thestar.com.my/business/business-news/2016/08/04/ock-acquiring-southeast-asia-telecommunications-for-us$50m/

Posted by ez6699 > 2016-08-04 15:42 | Report Abuse

Finally announced!:)

Posted by ez6699 > 2016-08-04 15:43 | Report Abuse

PETALING JAYA: OCK Group Bhd’s 60% subsidiary, has inked an agreement to fully acquire Southeast Asia Telecommunications Pte Ltd for US$50mil or RM203.5mil in cash.

Today, OCK Vietnam Towers Pte Ltd signed a conditional share sale and purchase agreement with Vietnam Infrastructure Ltd to acquire the entire equity interest in Southeast Asia Telecommunications (Seath).

Seath is the largest independent base transceiver stations (BTS) owner in Vietnam with 1,938 telecommunications towers.

Upon the completion of the proposed acquisition, OCK group expects to gain a steady income stream as the BTS stations have long-terms lease agreements with network operators in Vietnam.








OCK group managing director Sam Ooi said this acquisition would pave the way to enter the Vietnam market, which is one of the biggest in Asean, with many growth opportunities.

“Seath is an on-going and profitable business. As a result of this transaction, OCK will approximately have 3,000 tower assets across the Asean region by year-end,” he said in a statement today.

Posted by kennny > 2016-08-04 16:18 | Report Abuse

not going up after announcement?

Posted by sharktank > 2016-08-04 16:18 | Report Abuse

hihihi...rerating next week. they will need to announce placement fix price by weekend to pay SEATH.

Posted by zoomboom > 2016-08-04 16:33 | Report Abuse

Kana Miko must be holding a lot of OCK shares... non-stop posting lol

UncleLim... CapAsia finally unveiled... spot on Sherlock Lim .. :-)

Let's enjoy the ride bros and sis....

focused. steady.

Posted by zoomboom > 2016-08-04 16:38 | Report Abuse

kennny, suspension until 5pm mah... today no chance to grab.... tomoro can try queuing :-)

Posted by funda > 2016-08-04 16:52 | Report Abuse

wah... feel like topup somemore...

Posted by MoneyInTheAir > 2016-08-04 16:56 | Report Abuse

confirm Rm1 mother, chase only

Posted by aidwiz > 2016-08-04 17:40 | Report Abuse

wah good news ka. my best counter continues to surprise. go go!

Posted by UncleLim > 2016-08-04 17:42 | Report Abuse

Zoom,
Been absent from posting simply because I felt that until the PP was completed, there really wasn't much to talk about, other than pure speculation. The share price gyrating between 82 sen to 83.5 sen for the past 2 weeks with modest volume only highlighted my point.

The JV with CapAsia on 60/40 basis is clearly positive. Announcement said OCK to fund for their stake through internally generated funds, I think. Where is the money to come from? From the PP perhaps?

Since no details of the PP has been announced yet, CapAsia could very well still take a portion of the PP. Speculation again :-)

Then , we have to study if the price paid for the Vietnam assets are fair and reasonable or not...We will leave this bit to the Research or Broking Houses to tell us.

Which leads us back to the PP, again. If the market likes the acquisition, then presumably there will be keener interest on OCK tomorrow onwards. How that will affect the 5 Day VWAMP remains to be seen.

Out.

Posted by zoomboom > 2016-08-04 17:58 | Report Abuse

TQ UncleLim for the very insightful insights :-) looking to see you back here after pp price confirmed lol.

just a simple calculation, SEATH with 1938 towers, buying it at RM200mil, that works out for about RM103k per tower. I think its a good buy. a brand new tower costs around RM200k ish... just my 2sen la.... pls do more in-depth homework first.

kennny, get ready to wallop the shares tomorrow? trading resumption tomorrow morning 9am:
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5168221

funda, still not enough shares ah?

Kana Miko, tqtqtq for sharing the infos :-)

focused. steady.

Posted by funda > 2016-08-04 18:16 | Report Abuse

yes zoomboom, very promising counter. Plan to increase it weight in my portfolio from 23% to 30%!

Posted by sharktank > 2016-08-04 19:53 | Report Abuse

with previous expected 4000 towers future cash flow calculation, OCK is worth 1.34. But with the addition of another 1700 towers, OCK is worth 1.70 easily. Speculation?, I don't call it speculation more less future estimation. Whether OCK pay too much for Vietnam deal? If you trust management, u will not going to even suspect or worry about it. Next Week will fly. hihihi..

Posted by Bull13 > 2016-08-04 22:23 | Report Abuse

Very undervalued counter. GIANT telco tower company in the making...

Posted by sosfinance > 2016-08-04 22:52 | Report Abuse

Vietnam deal of EV/EBITDA of 8x, appears reasonable.

Posted by ez6699 > 2016-08-04 23:22 | Report Abuse

Vietnam is expected to witness one of the largest growths in mobile broadband subscriptions in Southeast Asia together with Myanmar, Indonesia, Bangladesh and the Philippines, by 2021. The latest edition of the Ericsson's Mobility Report and the South East Asia and Oceania report, highlighting mobile network coverage and network performance, predicts smartphone subscriptions in Vietnam will triple from around 30 million in 2015.

Posted by tales029 > 2016-08-05 02:10 | Report Abuse

super good news for me, below 0.9 all can chase, good luck OCK fans~

Posted by sharktank > 2016-08-05 09:01 | Report Abuse

OCK Operators will be busy pressing down prices today. hihihi...

Posted by sharktank > 2016-08-05 09:07 | Report Abuse

surprises will come next week. you will see ppls start shouting sell on news!!!.. hihihi....wait next week show.