OCK GROUP BERHAD

KLSE (MYR): OCK (0172)

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Last Price

0.565

Today's Change

+0.005 (0.89%)

Day's Change

0.55 - 0.565

Trading Volume

2,390,000


19 people like this.

10,834 comment(s). Last comment by damansaraeagle 6 days ago

funda

484 posts

Posted by funda > 2017-02-27 20:02 | Report Abuse

Also not yet consolidate the SEATH profit. generally much better results than last year if minus the one off items.

amyzo

441 posts

Posted by amyzo > 2017-02-27 20:03 | Report Abuse

83-83.5

Jenas Tan

160 posts

Posted by Jenas Tan > 2017-02-27 20:08 | Report Abuse

net profit increased 10%

Flintstones

1,762 posts

Posted by Flintstones > 2017-02-27 20:13 | Report Abuse

Ahh, not a good quarter that i had expected. lets wait for next quarter!

Kkevin2625

256 posts

Posted by Kkevin2625 > 2017-02-27 20:39 | Report Abuse

I think not bad, let see the response of market tomorrow :D
but market now facing selling pressure,think may drop la:D

sosfinance

1,305 posts

Posted by sosfinance > 2017-02-27 22:49 | Report Abuse

The result is a lot better than expected, taking into account exchange loss, pre-acq expenses, and pp expenses (previous year a 4.7m revaluation gain).

abangadik

2,305 posts

Posted by abangadik > 2017-02-27 22:52 | Report Abuse

to be honest. It has done better than I expected as well.

chong916

16 posts

Posted by chong916 > 2017-02-27 22:57 | Report Abuse

tomorrow sure up la

Posted by Sebastian Sted Power > 2017-02-28 01:44 | Report Abuse

just sit there and eat popcorn see the SEATH profit contributed for coming QR

AKUMAUKAYA

198 posts

Posted by AKUMAUKAYA > 2017-02-28 09:18 | Report Abuse

going south....

Posted by Sebastian Sted Power > 2017-02-28 09:49 | Report Abuse

personally I don't think bad QR. Already in this counter 3-4yrs. Buy on weakness. Bought again 80,5sen and 23sen son

VFTRADER

787 posts

Posted by VFTRADER > 2017-02-28 10:23 | Report Abuse

Huge Share Premium against Share Cap. Under new Company Act, it needs to be clear with 2 years time....

Henry Chan

639 posts

Posted by Henry Chan > 2017-02-28 11:40 | Report Abuse

^meaning?

Zai Zai

584 posts

Posted by Zai Zai > 2017-02-28 11:58 | Report Abuse

Try take out the Q4,15 revaluation investment property of 4,681.
Overall result fy16 was improve significantly
Credit management for below item :
Fix cost, Administrative expenses is under control.
OP improved and able to beat rising financial cost, and depreciation expense.
Increase Foreign currency translation reserve.

Looking forward a rewarding fy17

Flintstones

1,762 posts

Posted by Flintstones > 2017-02-28 13:24 | Report Abuse

Price action of today shows latest quarter is not up to expectation. If it is good, the share price will boom today isnt it? This proves that opinion does not really matter in investing. Anyway, looking forward to the next quarter.

ez6699

139 posts

Posted by ez6699 > 2017-03-01 22:14 | Report Abuse

OCK Group Bhd - More Towers Up

OCK is poised to deliver a strong 3-year (2015-18) core PATAMI CAGR of 22%, underpinned by its enlarged towerco assets. Maintain OUTPERFORM call with unchanged TP of RM0.96, based on DCF valuation (WACC: 9.1%, TG: 1.5%).

Solid closing for FY16. OCK reported a strong revenue growth of 29% YoY (to RM407m) in FY16 with EBITDA advancing 28% YoY, in tandem with its top-line performance. Its PATAMI, however, recorded lower growth of 0.8% YoY (to RM25.8m) as a result of forex loss of RM3.2m and under-provision of prior year taxes of RM1.9m. Stripping-off these EI items, its normalised core PATAMI would have grown 40% YoY to RM31m. OCK Yangon’s tower business, meanwhile, contributed its maiden revenue of RM6.7m (from c.600 revenue generating sites) since 2H16 and recorded a PAT of c.RM1m. Dividend-wise, while OCK did not recommend any dividend in conjunction with its 4Q16 result release, the group does not discount that it may reward its shareholders in the later stage.

OCK has completed and handed over 604 sites to Telenor Myanmar as of mid-Feb 2017 and expects to complete all 920 towers by 2Q17 (from initial target of 1Q17 followed by more detailed site surveys conducted by Telenor Myanmar, which could lead to the remaining towers being built in more strategic city-centric locations). The changes could yield an advantage for OCK as those sites could provide good co-location potential and attract additional tenants in the future.

we also understand that discussions of the long-term lease have commenced with Myanmar Post and Telecommunications (MPT) on co-locations, which could further enhance tenancies moving forward, if successful. The Myanmar project is expected to contribute c.RM60m revenue per annum (based on a tenancy ratio of 1.0x) with a lucrative targeted EBITDA margin of c.60%. Should OCK Yangon manage to improve the tenancy ratio, it would provide a positive catalyst to OCK’s forward earnings thanks to the lucrative margin contribution.

Vietnam tower business. we also gather that SEATH is aiming to increase its asset base by additional 300-400 sites per annum with selfgenerated fund.

sosfinance

1,305 posts

Posted by sosfinance > 2017-03-01 22:28 | Report Abuse

Catalysts we may want to monitor (that will increase the Company's intrinsic value):

1. SEATH's adding 300-400 sites p.a.
2. Myanmar tenancy ratio growth
3. Growth in TNS division locally + regionally

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2017-03-02 15:26 | Report Abuse

top up ock this few day. dumb dumb hold ...cheers. (^-^)

Henry Chan

639 posts

Posted by Henry Chan > 2017-03-02 18:11 | Report Abuse

any news? tp?

lai81533

987 posts

Posted by lai81533 > 2017-03-03 07:11 | Report Abuse

Long term growth

zoomboom

2,168 posts

Posted by zoomboom > 2017-03-03 10:54 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/03/03/edotco-set-to-expand-further/

i like what TS Jamal said:

“edotco is already contributing, but the contribution is small in the scale of things. The revenue will be to the tune of 7.5% of Axiata’s revenue this year, which is about RM1.5bil for just a bunch of steels."

more importantly:...

“In the future, the way towers work and based on their business model, of course after some stability period, it is (like an) ATM (automated teller machine) ... we just collect money (from the rental of the towers),” he said.

not forgetting they are also on the lookout to buy one or two companies to achieve their ambition to be top 10 in the world in the next 1-2 years..

steady. focused.

stainlyho37

2,267 posts

Posted by stainlyho37 > 2017-03-03 12:15 | Report Abuse

very very attractive for wa.....coversion @0.71....TP for OCK far above 1.20...

Posted by Sebastian Sted Power > 2017-03-03 12:37 | Report Abuse

wait long neck still cannot see above 0.85.

Tell myself be patient

strategisst

4,754 posts

Posted by strategisst > 2017-03-03 15:02 | Report Abuse

Maybe coming soon....

Posted by Sebastian Sted Power > 2017-03-03 15:28 | Report Abuse

ini kali lah!

Bizfuneng

883 posts

Posted by Bizfuneng > 2017-03-03 15:43 | Report Abuse

Another wishful hope????

Posted by stockistlearner > 2017-03-03 15:46 | Report Abuse

this counter needs alot of patience.....

AKUMAUKAYA

198 posts

Posted by AKUMAUKAYA > 2017-03-03 15:57 | Report Abuse

up up up

Posted by Sebastian Sted Power > 2017-03-03 15:58 | Report Abuse

looking at the volume; some big player enter the field

Max Yong

276 posts

Posted by Max Yong > 2017-03-03 15:58 | Report Abuse

Be patient guys. It will move up, I prefer move up slowly rather than skyrocket in short term. Sustainability is what investor should focus, we are not speculators.

Posted by Sebastian Sted Power > 2017-03-03 15:59 | Report Abuse

can tahan at 85cents closing price cukup liao; then tomorrow continue. Mother and son both also makan

Posted by stockistlearner > 2017-03-03 15:59 | Report Abuse

baru cakap need patience then straightaway it eats up! good good!

AKUMAUKAYA

198 posts

Posted by AKUMAUKAYA > 2017-03-03 16:04 | Report Abuse

tomolo Saturday....

strategisst

4,754 posts

Posted by strategisst > 2017-03-03 16:08 |

Post removed.Why?

Jenas Tan

160 posts

Posted by Jenas Tan > 2017-03-03 16:17 | Report Abuse

wow touch 85 ad <3

zlyc

270 posts

Posted by zlyc > 2017-03-03 16:42 | Report Abuse

Today so fierce..

Zai Zai

584 posts

Posted by Zai Zai > 2017-03-03 17:26 | Report Abuse

this share can buy?

zlyc

270 posts

Posted by zlyc > 2017-03-03 17:35 | Report Abuse

@zai zai. You claimed as top 30 wa holder. Mau tease late comer ka?

AKUMAUKAYA

198 posts

Posted by AKUMAUKAYA > 2017-03-04 10:55 | Report Abuse

Zai Zai's post :
Stock: [OCK]: OCK GROUP BERHAD
Feb 25, 2017 11:09 AM | Report Abuse

i dun like risk, but i like to manage risk.
so i own this share
--------------------------------------------------------------
Now he/she asked this share can buy?


APA lagi lu mau ???

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-03-04 11:06 | Report Abuse

support.

I like them.

Zai Zai

584 posts

Posted by Zai Zai > 2017-03-04 17:10 | Report Abuse

hehe.TGIF mood yesterday
Cheer

zoomboom

2,168 posts

Posted by zoomboom > 2017-03-05 08:20 | Report Abuse

patience. a very rare trait amongst us all. I've been trying it out since 2013. so far so good. hehe...

stay calm. focused. steady.

stainlyho37

2,267 posts

Posted by stainlyho37 > 2017-03-06 09:41 | Report Abuse

continue my collection for wa ....this round may go 0.30 !!!????

imoogi99

1,640 posts

Posted by imoogi99 > 2017-03-06 09:43 | Report Abuse

Half of Friday's volume....breakout looks promising.

Ricky Kiat

1,356 posts

Posted by Ricky Kiat > 2017-03-06 09:44 | Report Abuse

dumb dumb hold cheers....\(^-^)/

strategisst

4,754 posts

Posted by strategisst > 2017-03-06 09:45 |

Post removed.Why?

imoogi99

1,640 posts

Posted by imoogi99 > 2017-03-06 09:46 | Report Abuse

Yes...dumb dumb hold and sleep with it till quarterly results out in May.

aidwiz

356 posts

Posted by aidwiz > 2017-03-06 09:59 | Report Abuse

huat time? nice!

strategisst

4,754 posts

Posted by strategisst > 2017-03-06 10:02 | Report Abuse

Anak kambing sudah bangun....mmmbekkkk

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