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

Jenas Tan

160 posts

Posted by Jenas Tan > 2017-03-17 15:11 | Report Abuse

Lol...where is the crowd

sosfinance

1,305 posts

Posted by sosfinance > 2017-03-17 17:42 | Report Abuse

According to a cosec of a PLC, the deadline to implement "capitalisation of share premium into share capital" is 31 Jan 2019. The effective date of this compliance is 1.2.2017. Company can choose to implement bonus issue to utilised the share premium (with free warrants is also possible).

OCK share capital is RM87m. Share Premium is RM157m. It has the ability to issue bonus 3 for 2.

The more crucial issue is OCK:
1) signing long term co-tenancy with MPT in Myanmar; and
2) to seal the remaining 2,000 towers, build and lease back with Telenor.

These 2 events can happen in less than 6 months time, and UOB indicated, rerating will be due after achieving both events.

strategisst

4,754 posts

Posted by strategisst > 2017-03-17 20:49 | Report Abuse

Trading at a very narrowed band today...accumulation at new level in progress...

sosfinance

1,305 posts

Posted by sosfinance > 2017-03-18 09:37 | Report Abuse

A "smart investor" and "technical expert" informed me both mother and warrants is on a strong "breakout". For me, its a bonus.

dusti

2,404 posts

Posted by dusti > 2017-03-18 17:33 | Report Abuse

The article in The Star is very encouraging, but more so is the savvy management, makes a whole lot of difference.

abangadik

2,305 posts

Posted by abangadik > 2017-03-18 18:23 | Report Abuse

long time no come here.. congrats all! those that bought warrant at 0.195-0.20 already 50% profit!! woohoo

Zai Zai

584 posts

Posted by Zai Zai > 2017-03-18 18:33 | Report Abuse

congra shareholder,MPT already is 2nd tenant of OCK tower

imoogi99

1,640 posts

Posted by imoogi99 > 2017-03-18 19:42 | Report Abuse

So Monday, tambah nasi.

TradePlus

23 posts

Posted by TradePlus > 2017-03-18 22:15 | Report Abuse

This is definitely an "ADD" suggestion on OCK! Any weakness is serve as buying opportunities! OCK-WA is looking very attractive to buy even at current price and the upside potential is looking more lucrative!
Technical is showing VERY BULLISH entry sign after both OCK and OCK-WA have shown successfully broken from the uncharted territory for the second time in very short period!
Technical projection is seeing target at 0.95/0.97/1.03 for OCK.
Since current market is looking very bullish in movement, its warrant is deserve to trade with higher premium, as we can see many warrants are traded very aggressively recently with higher premium valuation. However, the current premium for OCK-WA is little low, and it is deserves to see at least a 15% or above in premium for OCK-WA!
With 15% premium based on the above projection target on OCK, OCK-WA should worth 0.38/0.405/0.475!!! What about the warrant price is going to trade with above 15% premium since the market is so bullish??? It should price even higher!!!
I'm foreseeing soon OCK-WA will be going push higher to 15% or above in premium by tapping into this market bull run, supported by both OCK and OCK-WA are trading at its uncharted territory level as well as with its future prospects!!!
Good luck folks!

Bluey

349 posts

Posted by Bluey > 2017-03-20 11:45 | Report Abuse

Both OCK & OCK-WA are destined for higher grounds. Hope soon.

Jenas Tan

160 posts

Posted by Jenas Tan > 2017-03-20 14:01 | Report Abuse

Omg what happen?

Max Yong

276 posts

Posted by Max Yong > 2017-03-20 16:11 | Report Abuse

nothing happen. so just let it flow. Its very normal that share price will up and down. :)

imoogi99

1,640 posts

Posted by imoogi99 > 2017-03-20 17:12 | Report Abuse

D24 not ripe.

sosfinance

1,305 posts

Posted by sosfinance > 2017-03-20 17:48 | Report Abuse

OCK has a paid up of RM87m and Share Premium of RM157m. There is high probability of proposed bonus issue of 3 for 2 (and balance in free bonus warrants) under the new companies Act. Besides, PAT CAGR is 31% for FY17 and FY18 as per UOB KayHian.

strategisst

4,754 posts

Posted by strategisst > 2017-03-21 14:08 | Report Abuse

Well maintained....steady

JamesPond

429 posts

Posted by JamesPond > 2017-03-21 14:29 | Report Abuse

Under the new Co ACt, no more share premium. If want to issue BI using share premium would need to do before 31.01.2017.....

ahizra2

119 posts

Posted by ahizra2 > 2017-03-21 19:25 | Report Abuse

Rising three method underway..final leg tomorrow or die

Jenas Tan

160 posts

Posted by Jenas Tan > 2017-03-22 09:48 | Report Abuse

ggwp.. market is collapsing

TLC316

31 posts

Posted by TLC316 > 2017-03-22 09:52 | Report Abuse

Prof Trump, any review on the TP?

Kkevin2625

256 posts

Posted by Kkevin2625 > 2017-03-22 18:34 | Report Abuse

i should start accumulate :c last time waitng 0.72 but now 0.88:ccc

strategisst

4,754 posts

Posted by strategisst > 2017-03-23 13:36 | Report Abuse

Waiting for impetus to move higher...steady

TLC316

31 posts

Posted by TLC316 > 2017-03-23 14:56 | Report Abuse

Why keep dropping?

zlyc

270 posts

Posted by zlyc > 2017-03-23 15:44 | Report Abuse

Call it drop if price < 85 cents ....... otherwise i treat it as consolidate stage

sosfinance

1,305 posts

Posted by sosfinance > 2017-03-23 16:18 | Report Abuse

Below 90sen & 30sen for warrants is a bargain for 12 months investment period. Value around 1.20 and above.

Kkevin2625

256 posts

Posted by Kkevin2625 > 2017-03-23 17:05 | Report Abuse

Except tmclife,this will be my another"installment" stock :D

VFTRADER

787 posts

Posted by VFTRADER > 2017-03-23 20:42 | Report Abuse

If Mother is 1.20 (increase of 36% from 0.88), warrant will be min 0.49 ( increase of 75% from 0.28).

strategisst

4,754 posts

Posted by strategisst > 2017-03-24 12:13 | Report Abuse

Still steady....

strategisst

4,754 posts

Posted by strategisst > 2017-03-27 17:17 |

Post removed.Why?

Posted by danyuenyu82 > 2017-03-28 10:07 | Report Abuse

whats happenin today that u@strategisst were waiting for ?

strategisst

4,754 posts

Posted by strategisst > 2017-03-28 10:22 | Report Abuse

@danyuenyu82, I'm waiting for it to break 0.90 once again decisively and stays above it...

zoomboom

2,168 posts

Posted by zoomboom > 2017-03-29 09:59 | Report Abuse

steady.... ready.....

patience.

Posted by Stephen639 > 2017-03-29 10:05 | Report Abuse

seem very hard to push up..

ahizra2

119 posts

Posted by ahizra2 > 2017-03-29 12:25 | Report Abuse

boringnyaa

Posted by Professor_Trump > 2017-03-29 15:48 | Report Abuse

LOL

TradePlus

23 posts

Posted by TradePlus > 2017-03-29 15:59 | Report Abuse

Take note closely on its warrant WA. The premium is simply price too low, it may going to to fly up higher and faster than the the mother's price movement. Good luck!

Posted by Stephen639 > 2017-03-29 16:32 | Report Abuse

morning say very hard, afternoon goes up d. don't mind say few more time.

zoomboom

2,168 posts

Posted by zoomboom > 2017-03-29 16:38 | Report Abuse

I can smell my musang king oredi...
showtime...

focused

Zai Zai

584 posts

Posted by Zai Zai > 2017-03-29 16:42 | Report Abuse

my letter to IR always no response.
will complain on agm soon

ahizra2

119 posts

Posted by ahizra2 > 2017-03-29 16:50 | Report Abuse

woke up from afternoon nap to this...new high..wow

Posted by stockistlearner > 2017-03-29 17:03 | Report Abuse

OCK tomorrow show continue. Hopefully broad market still intact.

strategisst

4,754 posts

Posted by strategisst > 2017-03-29 17:15 | Report Abuse

Yessssss....good breakout as predicted and closed above the 0.90 resistance level...

Posted by danyuenyu82 > 2017-03-29 17:19 | Report Abuse

@Zai Zai I'm curious what you wanted to ask IR ?

Zai Zai

584 posts

Posted by Zai Zai > 2017-03-29 17:25 | Report Abuse

my question and sos qestion

Shareholder question on Indonesia deal :
Why PMT can growing so fast after acquisitive by OCK.
Site management has been double from 11k(FY14)->28k(FY16), with 20% of Indonesia market.

Shareholder question on Vietnam deal :
What is the benefit of consolidate other independent towerco in Vietnam ?
Does the consolidate required additional cash call ?
Golden tower aims to roll out 5800 towers through the consolidation of existing tower ,
in fact they has been aggressively acquisitive towerco since 2015, How OCK overcome current competitor, understand that SEATH is the
largest towerco in Vietnam currently?

Shareholder question on Myanmar deal :
1)By end of 2017, Myanmar is targeting to build another 17300towers
The Allocation as mention below
MNO : 4000,
Edotco : 5000
EFT/MIG/OCK : 8000
However tower build had naturally slowed down partly due to reduce capex allocated by operator and focus on urban area to support data
demand, which has exceeded expectations. Based on the challenges, How OCK management react to securing another
2080 towers ?(OCK target 3k - 920)

I believe most of the Analysts in Malaysia was too conservative by evaluate OCK Myanmar using 1x tenancy ratio.
Understand that OCK is consider as 3rd generation towercos but wasn't management team need to clarify to analysts that we deserve better
tenancy ratio.
The tenancy ratio for edotco is currently at 1.9 while MIG is already at 1.6 on a fairly modest portfolio of approximately 100 towers.

Some of the Myanmar towerco is exiting tower business example MIG,PAMEL as they claim valuations are declining in Myanmar.
How new entrant OCK react ? Understand that current 4G rollout and the fourth MNO launch.

General question :


According to a cosec of a PLC, the deadline to implement "capitalisation of share premium into share capital" is 31 Jan 2019. The effective date of this compliance is 1.2.2017. Company can choose to implement bonus issue to utilised the share premium (with free warrants is also possible).
OCK share capital is RM87m. Share Premium is RM157m. It has the ability to issue bonus 3 for 2.
Is it correct?

I look forward to hearing from you.


Thanks

strategisst

4,754 posts

Posted by strategisst > 2017-03-29 17:44 | Report Abuse

Based on my observations and calculations after the market closed today, all the technical indicators for ock are shaping up well and the price is poised to charge higher-up​ to the next level...

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-03-29 18:00 | Report Abuse

OCK very impressive.

Jenas Tan

160 posts

Posted by Jenas Tan > 2017-03-29 18:48 | Report Abuse

Tmr gap up again

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