Posted by xhenjun > 2016-08-05 09:14 | Report Abuse

need more volume.

Posted by sharktank > 2016-08-05 09:21 | Report Abuse

Sell on news!!!! sell!

Posted by Sebastian Sted Power > 2016-08-05 11:02 | Report Abuse

only loser always blow cow and shout.

sifu like UncleLim always calm and steady.

Posted by comebackisreal > 2016-08-05 11:29 | Report Abuse

shit ock cant erect XD

Posted by funda > 2016-08-05 11:43 | Report Abuse

got invisible hand pressing it down....dont want it to break 84.5

Posted by Kana Miko > 2016-08-05 12:43 | Report Abuse

This deal only benefit OCK for medium and long term
Revenue : ~29m/annum
PBT : ~4.5m/annum
PAT : ~1.5m/annum

This is a small contribution but those intangible benefit quite big
1) This deal make OCK become top competitor among other Independence BTS owner.
2) This deal is a short cut to let OCK direct penetrate vietnam market . Do not "zou kei" any country that is having fast growing mobile subscription beside Myanmar
3) Building good reputation, own brand name so indirectly increase Tenancy ratio ( key to win in this kind of deal). Not talk about build and lease tower.
4) Malaysia market is so so saturated, to keep business running must go outside "jalan jalan"
5) PMT is one of their success story.

Posted by sharktank > 2016-08-05 13:53 | Report Abuse

loser always say other are losers. hihihi...Sell!

Posted by sharktank > 2016-08-05 13:54 | Report Abuse

cpteh better learn to relearn before start to teach ppls to trade loh.

Posted by bigbigboss > 2016-08-05 16:06 | Report Abuse

sell on news

Posted by paulthesotong > 2016-08-05 16:09 | Report Abuse

I not an analyst but RHB tp0.99

Posted by Pavillion > 2016-08-05 16:31 | Report Abuse

http://m.nasdaq.com/article/the-new-technology-that-could-render-this-industry-obsolete-cm474391

Posted by Pavillion > 2016-08-05 16:31 | Report Abuse

http://www.rcrwireless.com/20150518/wireless/cell-towers-could-be-replaced-by-chips-tag17

Posted by sharktank > 2016-08-05 16:42 | Report Abuse

my god. pavilion is brilliant to share this news. it mean OCK is doom foever. Sell fast !.. hihihi... as all will keep their distance around 500m so that we no need cell towers in future. hahahaha...

Posted by aidwiz > 2016-08-05 19:39 | Report Abuse

wah new tech! sell sell i wanna collect! :p

Posted by sharktank > 2016-08-05 21:00 | Report Abuse

SOS finance, I'm with you. hihihi....but your vision will fulfil in 6 months, not 4 years.

Posted by ez6699 > 2016-08-06 13:04 | Report Abuse

LTE is in hot trend...nowadays you can find more smartphones with LTE function that cost only few hundreds basically everyone can afford.... so telcos want to capitalise this hot trend and aggressively compete to expand their LTE coverage... meaning more business opportunity for OCK in malaysia and indonesia ...?

电讯公司抢频谱　4G爭夺战开打

(新加坡4日讯) 国际信用评级机构惠誉指出，区域国家2016年下半年展开的频谱分配，將加剧电讯企业的竞爭和形成4G通讯的爭夺战。为了迎合日益增长的移动网络服务需求量，大马、新加坡及印尼3国的通讯单位，预计会在未来几个月公佈频谱分配的详情。

惠誉在报告中指出，低价智能手机和长期演进技术（LTE）的崛起，使得移动网络服务需求量快速成长，导致频谱不足的问题，进而让电讯业者需拨出更多的资本支出。LTE网络更具成本效益，让移动营运商可以比3G网络更低的成本，提供消费者更多的移动网络数据额度配套。

Posted by ACE9696 > 2016-08-06 23:24 | Report Abuse

TM BUY OCK IN FUTURE

Posted by CharlesP > 2016-08-08 10:36 | Report Abuse

OCK is worth to plant now while it is not famous fruits. But it soon will be famous fruit and by that time it's time to harvest gradually.

Posted by ahizra2 > 2016-08-08 11:28 | Report Abuse

any development? suddenly theres big buy on ock-wa

Posted by ahizra2 > 2016-08-08 15:12 | Report Abuse

whose coming?

Posted by ez6699 > 2016-08-08 15:23 | Report Abuse

Good timing for OCK to enter Vietnam market before the LTE trend explode....

The Vietnam telecommunication industry is characterised by a maturing mobile market with growth potential still remaining, however new data and 4G/ LTE is expected to further stimulate demand for capacity. Maturing networks and pressure on operating margins is expected to encourage MNOs to share BTS tower sites. This creates potential for SEATH Group to increase the number of BTS towers such as via built-to-suit opportunities for MNOs, and secure additional tenancies for its BTS towers. Tenancy ratios are the key value driver for a tower company, as additional revenue is expected from extra tenants on each BTS tower, while the associated costs are not expected to increase as much. As such, the profit margins should improve with higher tenancy ratios. This is supported by the positive outlook of the Vietnamese telecommunications industry coupled with the rolling out of 4G services in the near future.

Posted by sharktank > 2016-08-08 15:29 | Report Abuse

news out soon......

Posted by paperplane2016 > 2016-08-08 16:09 | Report Abuse

We view this acquisition as positive and earnings accretive over the long-term period, given that SEATH has been profitable over the past three years. The expansion will also bring OCK one step closer to becoming one of the largest telecommunication tower operator in the South East Asia region. Given that the acquisition will only be completed in 3-4 months’ time, we leave our earnings forecast unchanged for now and we maintain BUY recommendation with an unchanged target price of RM1.00.

Posted by xhenjun > 2016-08-08 16:09 | Report Abuse

volume is good but not spectacular. hope it sets the platform for tmr and beyond.

Posted by aidwiz > 2016-08-08 16:28 | Report Abuse

SELL! (so i can buy) hehe.

Posted by blackmeow > 2016-08-08 17:09 | Report Abuse

False Breakout?

Posted by sosfinance > 2016-08-08 17:49 | Report Abuse

Effective from 2017, OCK Group will have about 3,000 towers (Myanmar + Vietnam + Malaysia). An addition of 500 towers each year from 2017-2020 for Myanmar. By end of 2020, OCK will have about 5,000 towers. Hence, growth from 2016 to 2020, grow from 1,000 to 5,000 (5x growth in 4 years).

Most analysts were conservative and were using a tenancy ratio of 1.0 time (on Myanmar, excluding Vietnam as no analyst report since the announcement of the Vietnam deal). However, based on management view, Myanmar tenancy ratio can goes up to 1.8x, as mentioned in CLSA report.

With the purchase of Vietnam towers, EV/EBITDA of 8-9x with tenancy of 1.25x and management is of the view that it can improved up to 1.45x in the next few years.

UOB Kay Hian TP of RM1.30 on a sunny-day (3,000 towers + tenancy ratio of 1.15x) & with the latest acquisition of Vietnam SEALTH, and expected tenancy ratio from both Myanmar and Vietnam, the NEW assumptions should be (5,000 towers + tenancy ratio of 1.45-1.80x), the upside is GREAT.

Posted by UncleLim > 2016-08-08 18:42 | Report Abuse

Finally...
PP done at RM0.81 sen...only 2.75% discount.

Let the Games begin....:)

Posted by strategisst > 2016-08-08 18:52 | Report Abuse

Mmmmmbekkkkk........

Posted by husky88 > 2016-08-08 19:13 | Report Abuse

Something brewing. Sould be fly tomorrow

Posted by ez6699 > 2016-08-08 20:02 | Report Abuse

No wonder last friday got annoucnement also kena pressed... no more blocking.... how high can go?


On behalf of the Company, Kenanga IB is pleased to announce that the Company has fixed the issue price for the placement for 79,224,100 Placement Shares, being the first and only tranche of the Proposed Private Placement, at RM0.81 per Placement Share.

The issue price of the Placement Shares of RM0.81 represents a discount of approximately 2.75% to the five (5)-day volume weighted average market price of OCK Shares up to and including 5 August 2016 (being the last market day prior to the Price-Fixing Date), of RM0.8329 per OCK Share.

Posted by ez6699 > 2016-08-08 20:18 | Report Abuse

Excluding 920 currently on going from OCK....Telenor still need another 4000+ tower within the next 3 years 2017-2019 to meet the coverage obligations of its licence....Plenty opportunity for OCK....

Norwegian-owned cellco Telenor Myanmar has signed a memorandum of understanding (MoU) with Malaysia’s OCK Group and King Royal Technologies for the construction and lease of more than 900 towers. Regarding the deal, the Myanmar Times cites Telenor Myanmar’s head of communications, Joachim Rajarim as saying that the operator is enlisting new tower companies to ensure that it achieves the coverage obligations of its licence, which require the cellco to serve 90% of the country within five years. ‘To date, we have built close to 3,700 sites in 13 states and regions in Myanmar, and believe that we will need to build close to 9,000 sites in order to provide solid nationwide voice and data coverage,’ the official explained, adding: ‘We see the clear need to expand our supply chain to secure and build sites, as rollout progresses from high density urban areas and large townships to smaller towns, villages and rural areas, and we continue to work closely with all existing partners to accelerate rollout.’

Posted by husky88 > 2016-08-08 20:19 | Report Abuse

Ini kalilah! Don't miss

Posted by ez6699 > 2016-08-08 20:37 | Report Abuse

Kenanga research on Vietnam deal...

http://cdn1.i3investor.com/my/files/dfgs88n/2016/08/08/1484839048-716795499.pdf

With the introduction of 3G and 3G+ and imminent arrival of 4G into the Vietnamese mobile market, the demand for new mobile services is beginning to show signs of growth from the previously stagnant market.


(Source: Ministry of Information and Communications of the Socialist Republic of Vietnam, "Vietnam Smartphone Subscriptions to Triple", 18 June 2016)

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.

With a view to monetising mobile data services growth, operators need an environment that enables agility in service creation, delivery and management, with fast launch of a much broader range of innovative products. Innovation comes through an ecosystem of partners and suppliers.
The roll out of the 4G/ Long Term Evolution ("LTE") network in Vietnam is expected to see more mobile data services being used. Services such as social networking and video streaming will continue to grow as Vietnamese people continue to embrace the benefit of data connectivity.

Posted by funda > 2016-08-08 23:56 | Report Abuse

Let see what happen tmr...

Posted by zoomboom > 2016-08-09 01:14 | Report Abuse

UncleLim, let it gogogo... :-)

kancheong... excited.... to see the blockbuster lol...

steady.

Posted by Ikaztahkik > 2016-08-09 01:17 | Report Abuse

HSS Engineers Berhad

IPO (Rating 2.75 star out of 5.0)
Copyright@http://lchipo.blogspot.com/

Date
Open to apply: 29/06/2016
Close to apply: 22/07/2016
Listing date: 10/08/2016

Fundamental
Market: Ace Market
Price: RM0.50 (par value:RM0.10)
EPS: RM0.0317
P/E: 15.77
Cash

Posted by sharktank > 2016-08-09 08:40 | Report Abuse

hihihi....told u news out.

Posted by UncleLim > 2016-08-09 08:51 | Report Abuse

Zoom,

I'm with you.

In fairness, Kenanga 'downgraded' TP from 95 sen to 93 sen , because of enlarged share capital by 10% due to PP.
I can live with that...increase of 10% of shares but only lose 2 sen ( or 2.1%) of TP is quite an acceptable trade off.
OCK now much stronger financially with additional RM64 mil in the bank.
Less borrowings in USD is also good...never know what USD/MYR will be in coming months and years.

How soon will before it breaks new high? Kalau gua tau, ho sey liau lo :-)

But at least, the main 'culprit' (PP) is out of the way.

Good luck.

Posted by sharktank > 2016-08-09 09:00 | Report Abuse

hihihi...if you borrow usd and earn rm, yes it is not good.but OCK is borrow USD earn uSD. 0.93??? based on TA, 1.20.

Posted by sosfinance > 2016-08-09 09:42 | Report Abuse

Not sure there is a similarity trend, Gadang did a pp at 1.80, a few weeks/months after completed the PP, now Gadang is 2.50. The guy who took up Gadang PP is laughing to the bank. Both OCK and Gadang has growth potential, the only difference, OCK has more sustainable assets going forward. OCK Warrant at 26 sen, still look attractive, as you pay a third of the mother share, but share the same growth excitement.

Posted by Sebastian Sted Power > 2016-08-09 10:15 | Report Abuse

845 is a magical number!!

Posted by funda > 2016-08-09 10:34 | Report Abuse

wow...going back to 84.5 again.. PP price is done and fixed... why still got road block???

Posted by imoogi99 > 2016-08-09 11:18 | Report Abuse

845=prosperity, die never! lol!

Posted by zoomboom > 2016-08-09 15:56 | Report Abuse

UncleLim, no worries, I'm sure our patience will reward us... ho sey liao :-)
focused.

Posted by funda > 2016-08-09 16:28 | Report Abuse

time will tell...
the longer it take to consolidate, the higher it will jump when the hurdle removed... already so many months in this range liao...

Posted by sharktank > 2016-08-10 10:44 | Report Abuse

u all talk so much, why not just buy and push up the price loh. hihihihi...

Posted by zoomboom > 2016-08-10 23:17 | Report Abuse

patience is of virtue....

steady. calm. focused.

Posted by zlyc > 2016-08-11 09:50 | Report Abuse

Getting more members attentions and i still hold my ipo share! Patient is virtue.. live example by zlyc & zoomboom. haha

Posted by peishan16 > 2016-08-11 14:46 | Report Abuse

why keep dropping?