OCK GROUP BERHAD

KLSE (MYR): OCK (0172)

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Last Price

0.465

Today's Change

0.00 (0.00%)

Day's Change

0.46 - 0.47

Trading Volume

280,400


19 people like this.

10,848 comment(s). Last comment by CoolBull 1 week ago

sharktank

805 posts

Posted by sharktank > 2016-08-11 15:48 | Report Abuse

nah, talk much no use. OCK operators no money to pump. Done with this stock. bye.

peishan16

73 posts

Posted by peishan16 > 2016-08-11 16:19 | Report Abuse

I think most properly the contra player sell the stock since today maybe is T4.

sharktank

805 posts

Posted by sharktank > 2016-08-12 09:26 | Report Abuse

I heard OCK operator commit suicide in Vietnam.

saydon

215 posts

Posted by saydon > 2016-08-12 15:25 | Report Abuse

sharkfin how low can you go...:)))

sharktank

805 posts

Posted by sharktank > 2016-08-12 16:41 | Report Abuse

ya lah. I also heard they are having delay in Myanmar project, it will drop below 0.80 next week when news out. but, what I don't understand is why ock operator commit suicide in Vietnam and not Myanmar. weird.

Posted by Lincorn Matthieu Seven > 2016-08-15 09:20 | Report Abuse

as usual la this type so rumour in share market

when drop will full with grandma stories; then when up will change to grandpa stories

funda

484 posts

Posted by funda > 2016-08-15 12:37 | Report Abuse

private placement price at 81 cent... new share to be listed on this coming wednesday...

mhelmi80

165 posts

Posted by mhelmi80 > 2016-08-15 12:42 | Report Abuse

what the effect? will the price goes to 0.81?

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-08-15 14:57 | Report Abuse

the private entity will surely push it up...no?

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-08-15 15:59 | Report Abuse

volume is coming

peishan16

73 posts

Posted by peishan16 > 2016-08-15 16:20 | Report Abuse

why the price cant break 0.82??

funda

484 posts

Posted by funda > 2016-08-15 16:30 | Report Abuse

If it drop below 81cent, mean u can buy the share from market at lower price than the fund whoever bought it... so, hopefully there is some "invisible hand" to push it back...

tsh123

54 posts

Posted by tsh123 > 2016-08-15 16:44 | Report Abuse

funda, what do u mean by new share to b listed? they gonna release more share units for public?

Posted by Sebastian Sted Power > 2016-08-15 16:45 | Report Abuse

if drop below 81cents then the big shark will fire Sam Ooi

funda

484 posts

Posted by funda > 2016-08-15 17:07 | Report Abuse

tsh123, it mean 10% new shares will be issued for the private placement taker...and listed on market this wednesday...

peishan16

73 posts

Posted by peishan16 > 2016-08-15 17:25 | Report Abuse

Dear funda, if new shares issue so any effect on share price?

funda

484 posts

Posted by funda > 2016-08-15 17:39 | Report Abuse

"On how OCK intends to fund its portion of the acquisition of Seath, Ooi says this will largely be through an ongoing 10% private placement exercise that will raise gross proceeds of up to RM64mil. OCK is placing out 79.22 million shares or 10% of its share base at a price of 81 sen per share. The new shares will be listed on Aug 17, 2016."

http://medianews.ock.net.my/news/news_centre_latest_media_news_details?show=1465

funda

484 posts

Posted by funda > 2016-08-15 17:40 | Report Abuse

shouldn't have any impact on the share price, mainly will cause dilution to your EPS..

imoogi99

1,640 posts

Posted by imoogi99 > 2016-08-15 17:51 | Report Abuse

Good use of the money as they invested in an existing running business which bear fruits. If they invest in a new starts up, then it will take sometime to bear fruits or may not bear fruits at all. Good way of expanding in a new area or market.

tsh123

54 posts

Posted by tsh123 > 2016-08-15 21:19 | Report Abuse

vietnam is a potential country. My cousin went to vietnam and was really impressed with the speed and coverage of the wifi there..and all eyes are on vietnam now for its econ growth.. both myanmar and vietnam projects are good investment i must say. However, the recent drop in ock's share price is due to the pp? i cant figure out y there is a drop in price..

ez6699

139 posts

Posted by ez6699 > 2016-08-16 07:57 | Report Abuse

Founder and group managing director Sam Ooi Chin Khoon tells StarBizWeek that the focus in Vietnam is to build more towers and that OCK remains committed to growing its tower assets in the region.The opportunities for growth in Vietnam is huge, says Ooi, adding that a mobile network operator had recently requested for 90 towers to be built.

“The rollout of the 4G or long-term evolution network in Vietnam in the near future will require more towers to be built, as consumers continue to embrace the benefits of connectivity,” he points out.
Ooi deems the purchase price attractive, considering the growth potential of the Vietnamese telco tower market.

Ooi admits that Seath’s profit margins for the last three years were relatively thin and this is because VNI, being a fund manager, didn’t concentrate on maximising the efficiency of the towers.
“With OCK managing the operations, we will be able to reduce Seath’s high operating costs and manage it efficiently to increase profit margins due to our expertise in the industry,” he explains.

paperplane2016

21,689 posts

Posted by paperplane2016 > 2016-08-16 08:02 | Report Abuse

Agree. Get experts to do the job and improve results.

joni

1,261 posts

Posted by joni > 2016-08-16 09:38 | Report Abuse

chart good; buy to rebounce 0.85 or higher

funda

484 posts

Posted by funda > 2016-08-16 11:14 | Report Abuse

touching the bottom of triangle... heading for another breakout attempt...

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-08-16 16:19 | Report Abuse

ready for rebound anytime from now, i hold my ticket tight, all the best

zoomboom

2,168 posts

Posted by zoomboom > 2016-08-16 17:16 | Report Abuse

play some pokemon go first to pass time lol..
zlyc bro as usual, cool as ice.. :-)... we sama-sama waiting durian runtuh...

focused. patiently waiting...

zoomboom

2,168 posts

Posted by zoomboom > 2016-08-16 18:07 | Report Abuse

greatful bro. its not hope. its investment.
nothing great to be honest. just looking forward to the harvest.

patience.

strategisst

4,754 posts

Posted by strategisst > 2016-08-16 20:05 | Report Abuse

shameless.... Go and fly kite lah you....

bigbigboss

441 posts

Posted by bigbigboss > 2016-08-16 22:04 | Report Abuse

hold . Will move any time

husky88

698 posts

Posted by husky88 > 2016-08-16 22:16 | Report Abuse

Move up or drop?

chooheng

318 posts

Posted by chooheng > 2016-08-17 09:21 | Report Abuse

china funded dams building are at halt in Myanmar. this place always come to ransom after things are 90% complete. Telenor is smart to get OCK build, they rent- no liability.

smartinv

424 posts

Posted by smartinv > 2016-08-18 06:08 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5178593

On behalf of the Board, Kenanga IB is pleased to announce that the Proposed Private Placement has been completed on 17 August 2016, following the listing of and quotation for 79,224,100 OCK Shares, being the first and only tranche of the Proposed Private Placement, on the said date on the Main Market of Bursa Securities.

This announcement is dated 17 August 2016.

tsh123

54 posts

Posted by tsh123 > 2016-08-18 11:39 | Report Abuse

so pp is over? y price still dropping and now the same price as the pp price... wonder y would ppl sell at this price... weird....

peishan16

73 posts

Posted by peishan16 > 2016-08-18 11:40 | Report Abuse

i also same question as you...

tsh123

54 posts

Posted by tsh123 > 2016-08-18 11:49 | Report Abuse

weirddddddd

tsh123

54 posts

Posted by tsh123 > 2016-08-18 11:50 | Report Abuse

but good opp for us to collect more then.. haha

funda

484 posts

Posted by funda > 2016-08-18 12:00 | Report Abuse

wonder who is the PP taker? not disclosed in the announcement.

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-08-18 12:48 | Report Abuse

should be up, why la down down down like Yuna/Usher song??

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-08-18 13:48 | Report Abuse

tsh11, i agree with you, those who wanna join can have the same price as pp, sounds fair isn't it?

tsh123

54 posts

Posted by tsh123 > 2016-08-18 15:21 | Report Abuse

i dun think price will go any lower lar.. if got also must be someone trying to control the price..

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-08-18 16:15 | Report Abuse

lets see tomorrow and next week, sure up

tsh123

54 posts

Posted by tsh123 > 2016-08-18 17:29 | Report Abuse

pp normally opened for a period of time till all new units taken up? so the new units for ock all taken up in 1 day?

funda

484 posts

Posted by funda > 2016-08-19 10:37 | Report Abuse

tsh123, the 10% of PP adi taken by someone... that why on 17th, 10% new shares were issued and listed to market. ofcoz there is some lock-in period for those stocks(i think).... anyway, they will not sell the stock also coz now at their buying price...

tsh123

54 posts

Posted by tsh123 > 2016-08-19 13:10 | Report Abuse

ic... thanks for the info!

peishan16

73 posts

Posted by peishan16 > 2016-08-19 15:05 | Report Abuse

why cant break 0.815??

gcl2828

20 posts

Posted by gcl2828 > 2016-08-21 09:53 | Report Abuse

greatful tmclife lai!loh!ha!ha!ha!

chooheng

318 posts

Posted by chooheng > 2016-08-22 12:28 | Report Abuse

Harga runtuh

bleuerouge

3,221 posts

Posted by bleuerouge > 2016-08-22 12:42 | Report Abuse

buy now

funda

484 posts

Posted by funda > 2016-08-22 14:10 | Report Abuse

Below PP price now! Good buy now.

Posted by Wong Yong Keong > 2016-08-22 14:27 | Report Abuse

when QR out?

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