OCK no doubt is a good company, but can somebody explain why its trade receivable is exceptional high, as at 31/12/16, the trade receivable stood at 285mil, increase from 175mil last year. This translates to debtor turnover of 8.4 months and 6.6 months respectively as at 31st december 2016 and 2015.
The trade receivable is increasing every year, this will affect its cash flow. I will only decide to invest in OCK if the above question can get reasonable answer.
TST1234 bro...ock is not a trading or manufacturing company. It is a service providing company via telecommunication tower services...and its revenue relies on rental services of the tower...no problems with its trade receivables...that is my opinion....
droooooooll............... wah jun jun strategisst punya prediction. touch 0.90 :-). when can break bro? can sampai 1.00 boh?.... i miss those days above RM1.00.... cuz after RM1.00... the steps are 0.05 sen instead of 0.005 sen.. hehe.. more kan cheong lol...
paperplane2016 bro, results sudah lama keluar.. last week.. hehehe..
but as usual, this "old man" gives enough time for ppl to hop on board before run up.... seen this many times in the past... if you have been on board as long as I am.... but can't beat taiko's like zlyc since IPO... they should have much more "insight" ...
Bluey bro, still not on board?... apa mau tunggu lagi? lol...
Bro SOS....Myanmar is having a civil war currently. Do you think that it will poise direct impacts and affects the business and expansion of OCK in the country?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
spear
316 posts
Posted by spear > 2017-03-06 10:46 | Report Abuse
bolinger band squeeeze! uptrend!