Posted by zlyc > 2018-01-19 13:36 | Report Abuse

i am part of 93.4 but small investor.

Posted by sosfinance > 2018-01-19 19:45 | Report Abuse

UOB KayHian SOPTP (value) of OCK is RM1.192 billion.

Q3 of Myanmar revenue is RM13.6m. Q4 , with higher tenancy ratio, may achieve RM15-16m (rough estimates). Fundamentally getting stronger by the Q. Q4, normally is the highest Q, may represent above 50% or more contribution.

Posted by rkgfantasy > 2018-01-19 20:22 | Report Abuse

sos bro, i think the EBITDA will high as usual, but don’t put too much hope on nett profit o
cux mymmar and vietnam income account as USD, after deduct expenses convert back to MYR
and you found last quarter, malaysia business actually decrease quite lot
i forecast the earning will be 13-15m, anything better than 12m is good enough to maintence the price

Posted by sosfinance > 2018-01-20 01:08 | Report Abuse

rkg, it is more suitable for towerco (accepted by the market) to use EBITDA multiple for estimating its valuation. Repayment of loan and interest is also in USD. Net impact may be marginal (natural hedge, especially during the initial years).

I prefer to focus on EBITDA because towerco biz eventually will be significant, hence, using EBITDA multiple for valuation estimates is reasonable.

Courtesy from Mr Tong
http://klse.i3investor.com/blogs/kianweiaritcles/144665.jsp

Posted by rkgfantasy > 2018-01-20 11:55 | Report Abuse

nice sharing by Mr Tong !

Posted by Zai Zai > 2018-01-22 13:48 | Report Abuse

Invest Malaysia Kuala Lumpur (IMKL) will be held on 23 – 24 January at the Shangri-La Hotel, Kuala Lumpur

http://www.investmalaysiaconference.com/misc/system/assets/23473/IM2018_Programme.pdf

Posted by rkgfantasy > 2018-01-22 14:00 | Report Abuse

Only for maybank user ?

Posted by VFTRADER > 2018-01-22 14:51 | Report Abuse

Datuk Seri Cheah Cheng Hye is one of the speaker. Good.

In Great China, they call him "Warren Buffet" of Asia mainly concentrate on China small cap companies.

He and his partner started Value Partners in 1993 with less than US$5mil and now has around US$14bil worth of assets under management.

Posted by VFTRADER > 2018-01-22 14:52 | Report Abuse

He is from Penang.

Posted by VFTRADER > 2018-01-22 15:42 | Report Abuse

https://view.inews.qq.com/a/20180120C04R0700

Pushing for 5G...

Posted by VFTRADER > 2018-01-23 07:44 | Report Abuse

https://mbd.baidu.com/newspage/data/landingshare?pageType=1&isBdboxFrom=1&context=%7B%22nid%22%3A%22news_9781011817294867560%22%2C%22sourceFrom%22%3A%22bjh%22%2C%22ssid%22%3A%22%22%7D

Reading pleasure but in Mandarin. especially point 4 (Imbalance of motion)

Posted by Zai Zai > 2018-01-23 20:47 | Report Abuse

more restructure
http://www.malaysiastock.biz/Company-Announcement.aspx?id=1029814

Posted by VFTRADER > 2018-01-24 08:01 | Report Abuse

http://www.enanyang.my/news/20180123/%E8%B0%A2%E6%B8%85%E6%B5%B7%E9%81%BF%E5%85%8D%E4%BC%81%E4%B8%9A%E5%87%BA%E8%B5%B0%E6%96%B0%E6%B8%AFbr-%E5%BA%94%E6%94%BE%E8%A1%8C%E5%8F%8C%E5%B1%82%E8%82%A1%E6%9D%83%E4%B8%8A%E5%B8%82/

Posted by sosfinance > 2018-01-24 12:47 | Report Abuse

Although the price has not reflected it, the company's fundamental is significantly more favourable than the financial-community appraisal of this company currently. - Philip Fisher

Where does the improving fundamental comes from? Myanmar + Vietnam

1. Built 650 towers in Myanmar with sustainable recurring income (tenancy of 1.3x) + bought 1,983 towers in Vietnam
2. To built another 600-800 more (secured) + new tenancy (Myanmar + Vietnam)
3. EBITDA margin will improve gradually, towerco biz will become a significant contributor
4. Continuing growth in tenancy ratio (negotiating with Ooredoo Telecom, the 4th telco in Myanmar) - a big boost to the Revenue Growth and EBITDA Margin

(Estimated Effective Equity IRR is about 13-16% for towerco biz)

Posted by VFTRADER > 2018-01-24 15:18 | Report Abuse

I think during old SEATH time, the management so call "overspent" on daily maintenance activities coz they were just investor.

Now under OCK, operating cost should be easily cut down by more than 20%.

Posted by zoomboom > 2018-01-25 10:49 | Report Abuse

Zai Zai, http://www.malaysiastock.biz/Company-Announcement.aspx?id=1029814

Massive Connection.... wow.. the company name sounds like superduperpower nih.. :-)

Posted by Zai Zai > 2018-01-25 13:34 | Report Abuse

http://mp.weixin.qq.com/s/GJ8pE3cR_x4aqk70lzUOww

Posted by VFTRADER > 2018-01-25 14:49 | Report Abuse

https://view.inews.qq.com/a/20180122A0RUPL00

reading pleasure on Viet n Cam

Posted by sosfinance > 2018-01-25 17:35 | Report Abuse

OCK's broad strategy is to attain 5,000 towers in ASEAN countries, almost 80% higher from current 2,800 towers. With improving tenancy, EBITDA growth will accelerate. CAGR on profits will widen from 11% to 15%.

Posted by rkgfantasy > 2018-01-25 20:35 | Report Abuse

wonder why this counter so cold and quiet
so many bank give price target, but everyday end with no volume

Posted by KISSinvest > 2018-01-25 21:31 | Report Abuse

IMHO, the push needs much stronger force, maybe strong quarter report? anyway, i am waiting also..

Posted by sosfinance > 2018-01-26 14:19 | Report Abuse

Despite improvements in fundamental, still remains a hidden gem.

Posted by IANFUJI > 2018-01-26 14:54 | Report Abuse

WA drop a lot conpared to mother. Supposed when mother rebound, WA can reach 0.4 back.

Posted by azlan88 > 2018-01-28 00:59 | Report Abuse

Their term loan approximately USD69mil

30 Sept @ RM4.23 = RM290mil
31 Dec @ RM4.06 = RM 272mil
27 Jan @ RM3.87 = RM266mil

Potential forex gain of RM18 million, which will offset the reduced income from the strengthening of MYR.
Usually the last quarter would their best result in the FY. Believe that the WA would fly back to 40 cent provided that mother share jump to RM1.

Posted by Jenas Tan > 2018-01-29 19:11 | Report Abuse

why like this? selling pressure is high although with its best quarter coming...

Posted by Dickens Tan > 2018-01-29 22:17 | Report Abuse

fully loaded... waiting for departure :)

Posted by michael_lee > 2018-01-30 10:43 | Report Abuse

Lol so much positivity. 20sen coming

Posted by Ohyea > 2018-01-30 11:29 | Report Abuse

20sen?

Posted by KISSinvest > 2018-01-30 12:49 | Report Abuse

michael lee njhl

Posted by Zai Zai > 2018-01-30 16:29 | Report Abuse

sold,follow michael lee buy coin

Posted by rkgfantasy > 2018-01-30 17:02 | Report Abuse

haha.. than just now might you sold the 0.865 to me~

Posted by Stephen639 > 2018-01-30 19:28 | Report Abuse

OCK News Alert: Bursa M'sia - Change in Boardroom - MR LOW HOCK KEONG

Posted by Zai Zai > 2018-01-30 19:50 | Report Abuse

Dr. Yap Wai Khee mission accomplished

Posted by KISSinvest > 2018-01-30 19:58 | Report Abuse

Zai zai, mind to explain? Are you still holding your 1million ock wa? :)

Posted by rkgfantasy > 2018-01-30 20:18 | Report Abuse

what will the changing effect OCK ?
is good sign or bad

Posted by ez6699 > 2018-01-30 20:25 | Report Abuse

Tower business the new growth chapter for OCK.... Everything is on track.. superb!

The Group has been on a growth trajectory, achieving a 6-year profit after tax compounded annual
growth rate of 43% from 2010 to 2016. While the initial growth engine of the Group has been its local contracting business, the Group in the past 2 years generated significant growth from its regional expansion mainly from Vietnam with the acquisition of SEATH and Myanmar with its tower leasing business which will continue to be the way forward in bringing the Group to greater heights.

The Group is dedicated to grow its regional ASEAN telecom footprint through greenfield, brownfield and potential acquisitions opportunities to own more telecommunication sites to achieve its vision of becoming an ASEAN Tower company and to increase it’s recurring income stream.

The Group’s Management would want a dedicated leader to spearhead the Group’s regional expansion. In line with this, Dr. Yap Wai Khee, the current Group Chief Executive Officer (“GCEO”) is re-designated to be the Chief Executive Officer (“CEO”) of OCK Sea Towers Pte. Ltd., overseeing the Group’s telecommunications tower business in South East Asia (“SEA”).

Dr. Yap earned his MBA from Imperial College, University of London and completed his PhD in
Engineering from the University of Cambridge. With over 21 years of corporate experience with various leadership roles both in local and foreign telecommunications companies such as Axiata Group Berhad, Mfone (Cambodia) and Robi Axiata (Bangladesh), Dr Yap is the most suited candidate to take on the responsibility of driving OCK’s regional telecom expansion in SEA.

Commenting on the Group’s announcement, Mr. Sam Ooi Chin Khoon, Managing Director of OCK
Group Berhad said, “I am delighted to announce the leadership re-designations. Dr. Yap will be the best person to lead our strategic direction of bringing OCK to the next level through our regional tower business expansion. We believe that the change in leadership is imperative for our Group to reach the next level of growth regionally. With Dr. Yap at the helm of OCK Sea Towers Pte. Ltd., and with David overseeing the Group’s overall executive function, we foresee our regional telecom operations and OCK Group will be well-positioned, to achieve greater heights” he added.

Posted by Zai Zai > 2018-01-30 20:46 | Report Abuse

no.i sold. i buy coin

Posted by KISSinvest > 2018-01-30 22:09 | Report Abuse

OMG friday open market gonna sell my 100units ock wa, been holding since 33c sigh

Posted by sosfinance > 2018-01-30 23:55 | Report Abuse

sold some coin, bought some ock wa.

Posted by VFTRADER > 2018-01-31 15:37 | Report Abuse

Dr Yap is not in the Board of Directors list.

Posted by IANFUJI > 2018-01-31 23:11 | Report Abuse

Collected more WA.. It will fly to 40 sen. Company new strategy.

Posted by VFTRADER > 2018-02-01 08:16 | Report Abuse

Dr Yap:

[1] Axiata Group = head of strategy & analysis'
[2] U Mobile = COO
[3] Mfone = CEO
[4] Robi Axiata = chief strategy officer

Posted by sosfinance > 2018-02-01 10:05 | Report Abuse

Next 1-3 years, its margin is expanding (EBITDA Margin from higher tenancy ratio) & its capacity is also expanding (New towers + higher tenancy ratio + acquisition) = improved valuation.

Valuation (PE or P/BV or FCF or DCF) does not determine the direction of the market (or stock), it only determine the market risk, it is the sentiment (confidence) & liquidity (Fed's action) that drives the market.

Posted by michael_lee > 2018-02-01 11:45 | Report Abuse

Now is the best time to buy discounted coins. Not wa

Posted by rkgfantasy > 2018-02-02 10:23 | Report Abuse

from GCEO to CEO, is that Dr Yao get demoted ?

Posted by Stephen639 > 2018-02-02 14:12 | Report Abuse

keep dropping. ock no hope d.

Posted by Practical Planner > 2018-02-03 13:25 | Report Abuse

Mr Sam did not make it to the top 40. Maybe not even top 100.
What is in his mind ?
Push the price down further so that he can buy back and then jack up the price to be on the top 10??

http://m.thestar.com.my/story.aspx?hl=Malaysias-top-40-richest-people&sec=business&id=%7BB2D24701-C52D-48C0-8083-F3E8DB15752D%7D#XXb4Ie8JJFk351CR.41

Posted by bpng0904 > 2018-02-03 14:25 | Report Abuse

Practical Planner principal-agent problem is very common in the case of shareholder-management relationship and the share price movement is beyond the control of ppl like us

My personal thought: if the share price does not move beyond 90c by mid-March, there should not be any excitement this year, come back again in early 2019 as the opportunity cost of holding is high even if the stock is fundamentally good

Posted by VFTRADER > 2018-02-03 14:43 | Report Abuse

OCK is still relatively young compare to others. MB another 5 yrs.

Posted by VFTRADER > 2018-02-03 14:45 | Report Abuse

http://finance.sina.com.cn/stock/hkstock/hkgg/2018-02-02/doc-ifyremfz3716227.shtml

China Tower in CQ2?