Posted by sosfinance > 2017-01-23 11:50 | Report Abuse

zai zai, regardless the data is correct, Mr OCK bough about 4.126m shares @ about 78.5 sen (RM3.2m) from Dec 8, 2016 to Jan 4, 2017.

Mr OCK purchase of OCK Group shares (although small at 0.5%) is deemed as positive and confident on the Group in the medium and long term.

(I also notice the directors of Innoprise bought their own company's shares around 70sen, now is about 130 sen (peak at 140 sen) in less than a year - reference - not related at all)

Posted by Sebastian Sted Power > 2017-01-24 09:44 | Report Abuse

mother price weak but son quite strong

Posted by smartinv > 2017-01-25 20:22 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5325145

Posted by koons3lina > 2017-01-27 10:21 | Report Abuse

The last call will be very soon... 1 year also waited... 1 month is jz a small matter..

Posted by strategisst > 2017-01-29 11:39 | Report Abuse

Gong xi Fa Cai....gongxi gongxi gongxi

Posted by strategisst > 2017-01-31 14:36 | Report Abuse

Kutip kulit limau diam diam....

Posted by ezobear > 2017-01-31 21:16 | Report Abuse

One big candle cut through 10, 20, 30, 40 & 50days MA ... Engine finally started & I am excited to see this crouching tiger taking the stage in year of rooster ...

Posted by Sebastian Sted Power > 2017-02-02 10:00 | Report Abuse

Gong xi Fa Cai

Posted by Sebastian Sted Power > 2017-02-02 10:00 | Report Abuse

son very yummy

Posted by Calvin Wong > 2017-02-02 10:07 | Report Abuse

Very sound management. Potential GEM. Keep for long term investment

Posted by Jinny > 2017-02-02 12:11 | Report Abuse

Yes .. good stock just bought at 0.81 . They say this stock will goreng soon target 90cent . Go go go

Posted by zlyc > 2017-02-02 12:35 | Report Abuse

haha 90 cents... then i buy new car already..

Posted by ezobear > 2017-02-02 12:51 | Report Abuse

Bought son @ 0.2 & plan to keep for 1 year .. hopefully can upgrade my car when I sell it ... :)

Posted by ahizra2 > 2017-02-02 13:39 | Report Abuse

Dont make too much noise guys..this tiger dont like attention..might go back to sleep if it feels uncomfortable

Posted by strategisst > 2017-02-02 15:47 | Report Abuse

Aiyoyo...kih kih kih

Posted by nekosan > 2017-02-02 16:23 | Report Abuse

Don't buy today . Buy next week below 80 cent

Posted by soonhuat_81 > 2017-02-02 17:45 | Report Abuse

Confirm plus chop plus warranty will break 0.85 cents soon

Posted by afauzino > 2017-02-02 17:51 | Report Abuse

Nxt wk buy? Nxt wk already > 0.90 maa!

Posted by nekosan > 2017-02-03 10:12 | Report Abuse

thats why ask you all dont buy yesterday ... try grab next week below 80 cent due to correction.

Posted by ahizra2 > 2017-02-03 10:35 | Report Abuse

agreed with nekosan. glad m managed to sell some @ 0.820-0.825. expecting support coming around 0.790-0.800. looking to collect back around that level next week or possibly this afternoon.

Posted by nekosan > 2017-02-03 13:43 | Report Abuse

Ock is fundamental play, will up slowly... Not speculative play which up every day like bjcorp

Posted by strategisst > 2017-02-03 21:59 | Report Abuse

Just be patience

Posted by Jinny > 2017-02-04 10:12 | Report Abuse

Better to buy now . There is a big big buyer hidden at 0.81 or 0.805 at least 800k lots . Think they will push up share price soon .

Posted by Zai Zai > 2017-02-04 15:40 | Report Abuse

good spot jinny

Posted by weiiii > 2017-02-05 13:09 | Report Abuse

Hi guys, may I know the tenancy ratio 1.2 x mean what? OCK receivable is too high, any idea?

Posted by sosfinance > 2017-02-05 14:20 | Report Abuse

@weiii, Telecom mast operator Indus Towers today said it has achieved a tenancy ratio of over 2, which means the company now has an average of two operators per site across its portfolio. ... Tenancy ratio refers to the number of tenants (operators) who have put up their antennae and other active infrastructure on the towers.

Posted by abang_misai > 2017-02-05 14:40 | Report Abuse

Sos, what is the total outstanding shares for ock? I understand that they have just completed the PP.

Posted by weiiii > 2017-02-05 23:04 | Report Abuse

@sosfinance, Thanks for the info. Any idea on the high receivable?

Posted by nekosan > 2017-02-06 10:56 | Report Abuse

abang misai, it is 800 million for mother and 260 millions for son

Posted by strategisst > 2017-02-06 19:57 | Report Abuse

Still maintained above 0.80...good

Posted by nekosan > 2017-02-07 11:18 | Report Abuse

80 cent now ... buy below 80 cent

Posted by ahizra2 > 2017-02-07 14:53 | Report Abuse

lots of buyer hiding at 0.800 but lots of seller hiding there also..who will win?

Posted by strategisst > 2017-02-07 20:13 | Report Abuse

Still nothing below 0.80...good holding

Posted by Flintstones > 2017-02-08 07:51 | Report Abuse

@sosfinance, any comments on the high receivables on the balance sheet? Is it the nature of its business?

Posted by Zai Zai > 2017-02-08 10:02 | Report Abuse

i am hungry

Posted by strategisst > 2017-02-08 10:11 | Report Abuse

Nyum nyum

Posted by soonhuat_81 > 2017-02-08 12:00 | Report Abuse

Uptrend, buy before is too late

Posted by ahizra2 > 2017-02-08 13:40 | Report Abuse

major resistant ahead

Posted by zoomboom > 2017-02-08 16:32 | Report Abuse

is that the 84sen resistonce that has been plaguing us?..... wonder if this time will kasi picah the wall or not... lol..

patience. steady and calm.

Posted by aidwiz > 2017-02-08 17:15 | Report Abuse

go go ock!

Posted by strategisst > 2017-02-08 20:31 | Report Abuse

Well maintained above 0.80

Posted by Sebastian Sted Power > 2017-02-09 03:59 | Report Abuse

http://www.theedgemarkets.com/my/article/ock-reap-fruits-investments-year

Posted by nekosan > 2017-02-09 14:39 | Report Abuse

Tp remain 1.0

Posted by Flintstones > 2017-02-10 09:01 | Report Abuse

What a timely article by The Edge. Just look at Ekovest, a string of positive news flow is what it takes to take the share price higher. The latest article shed alot of light on the positive contribution from the Telenor venture. No matter what, growth is assured for OCK in this financial year.

Posted by Zai Zai > 2017-02-10 09:25 | Report Abuse

lastest edge use pp edotco to khazanar as a benchmark for valueing ock

Posted by strategisst > 2017-02-10 09:39 | Report Abuse

Dia datang...

Posted by strategisst > 2017-02-10 09:39 | Report Abuse

Cantekkkk

Posted by funda > 2017-02-10 11:26 | Report Abuse

praying...critical 84.5....

Posted by Flintstones > 2017-02-10 11:35 | Report Abuse

Yes, just like what I had computed weeks ago.





Flintstones http://www.thestar.com.my/business/business-news/2017/01/18/axiata-raising-us$600mil-from-sale-of-stake-in-edotco/

Edotco stake sale was valued at 12.5x EV/EBITDA which includes potential injection of Cambodian and India towers. I do not know how much earnings are going to be added from this injection. Anybody who knows kindly enlighten me.

OCK is trading around 11.5x EV/EBITDA. And I think Mr. Market is undervaluing OCK's growth potential.

First, let's disseminate OCK potential EBITDA growth in 2017. Based on Kenanga's research dated 1st September 2016, they estimated OCK Myanmar business to provide RM 60m of revenue per year (excluding minority interests). With expected EBITDA margin of 60%, EBITDA from this venture should be around RM 36m.

Next, we shall look into OCK Vietnam business where the acquisition was recently completed. Based on the same set of Kenanga report, the Vietnam business recorded consistent revenue of around RM 50 million per year. Excluding minority interest in the Vietnam subsidiary, OCK's share of 60% revenue would be RM 30m per year. At an actual EBITDA margin of 50%, the incremental EBITDA would be around RM 15m.

Now, adding the EBITDA of both newly assimilated businesses, we are looking at a potential EBITDA growth of RM 50m or almost 100%. If we put in a conservative EV/EBITDA of 10x, OCK market capitalization should be around RM 1 billion (50% upside from the current price).

The maths which I did above assumed status quo, where OCK existing business remains stable and the new business start up smoothly. I had not included the potential growth in OCK business where a higher tenancy ratio could be secured in the new business and more jobs from Telenor Myanmar.
18/01/2017 22:33

Posted by zoomboom > 2017-02-10 12:48 | Report Abuse

steady ah...
thanks Sebastian for sharing the article from the edgemarkets...

i still like the way management has shown time and again, that they know what they are doing, and set ambitious but reasonable expectations... Sam knows his business well, and is excelling at what he does best. Good to see his right hand man giving his opinions and views on the article :-)

funda, nvm , "critical" point sure will be broken punya, just patience needed hehe.
2020 ah...

steady, calm and focused.