Posted by rkgfantasy > 2018-02-11 22:11 | Report Abuse

malaysia got 22,000 tower at 2015, 3500 own by edotco
OCK only own 2xx, wonder who own the rest, and what can banefit OCK

Posted by 209291 > 2018-02-12 02:01 | Report Abuse

this counter still has hope? my WA keep dropping...

Posted by chooheng > 2018-02-12 18:35 | Report Abuse

79 soon.

Posted by VFTRADER > 2018-02-13 09:11 | Report Abuse

https://view.inews.qq.com/a/20180211A0DAS800

This will be big boost to China Tower via China Unicom
I think China Tower defer the listing is bcoz of this restructuring...

Posted by Zai Zai > 2018-02-13 09:16 | Report Abuse

thanks vftrader, great info

Posted by VFTRADER > 2018-02-13 12:47 | Report Abuse

https://mbd.baidu.com/newspage/data/landingshare?pageType=1&isBdboxFrom=1&context=%7B%22nid%22%3A%22news_9961199645376924593%22%2C%22sourceFrom%22%3A%22bjh%22%2C%22ssid%22%3A%22%22%7D

Reading pleasure 1G to 5G

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

i wonder anyone from here dispose their share ?
recently those selling person sold big block

Posted by Zai Zai > 2018-02-14 15:03 | Report Abuse

https://www.mmtimes.com/news/fourth-telco-mytel-start-selling-sim-cards-march.html

Posted by PASSIVESTOCK > 2018-02-14 21:35 | Report Abuse

Holding WA since last yrs until nw

Posted by makemoney1 > 2018-02-15 09:25 | Report Abuse

Write a comment..https://www.caixinglobal.com/2018-02-02/wireless-carriers-connect-with-tower-operator-101206712.html

Posted by VFTRADER > 2018-02-15 10:11 | Report Abuse

Wishing you all GongXiFatChoy

Posted by VFTRADER > 2018-02-15 10:21 | Report Abuse

makemoney1, ya. they all discussed abt this since q4-2017.
basically china gov is supporting mobile business from upstream till downtream.
so any disadvantages faced by china tower might be compensate by china gov in terms of special tax rate or rebate. so juz wait n c.

Posted by zlyc > 2018-02-18 13:05 | Report Abuse

transfer money earned after heng yuan & masteel back to ock at 81 cents. Lower entry with dividend and sit back.

Posted by ttwong > 2018-02-20 17:37 | Report Abuse

EPF getting serious now, joining LTAT as substantial shareholders. today volume should indicate they are in action.

Posted by bpng0904 > 2018-02-20 17:47 | Report Abuse

ttwong, can you share with us where is your source of information? Or it is just your personal guess?

Posted by sosfinance > 2018-02-20 18:13 | Report Abuse

It's announced today that EPF bought 650,000 OCK shares and its shareholding is 5.0001% as of yesterday. EPF may have taken a year to accumulate this much shares. Hope they are here for a long haul.

Q3 - Myanmar towerco biz produced revenue of RM13.5m, better than expected, not many aware of this, as reported by UOB KayHian analyst. Imagine, only 650 towers (if we annualise Q3) is equal to RM54m, the full 920 towers will be RM76m, what UOB KayHian called it 'blue sky scenerio" - TP1.30

Posted by VFTRADER > 2018-02-20 19:01 | Report Abuse

2016AR, EPF hold 17.666mil share (2.027%). Today, it holds 43.586mil share (5%).
An increase of 25.92mil share. if ave price is 0.88 , total new buy = RM22.8mil.
I think they start buying since Aug'17.

Since EPF is not shareholder for edotco, so I think they put their hope on OCK and also act as another way to diversify their investment into tower business.

Posted by rkgfantasy > 2018-02-20 20:09 | Report Abuse

VF bro, you are wrong, EPF own Axiata 15% ++ share
indirectly a Edotco share holder

Posted by rkgfantasy > 2018-02-20 20:11 | Report Abuse

further more, Axiata owning 67% around share of Edotco
EPF indirectly owning 9-10% share of Edotco, more than they own in OCK hehe

Posted by Jon Choivo > 2018-02-20 22:44 | Report Abuse

Ok, im interested.

What's stopping a competitor from undercutting OCK and building towers and leasing them cheaper? Is OCK the cost leader? or quality leader, in which case, stability is more important than price.

What moat do they have? How is the margin compression, or is it due to initial depreciation cost?

Posted by Zai Zai > 2018-02-20 23:03 | Report Abuse

just nice collection from EPF before dividend ex date

Posted by VFTRADER > 2018-02-21 07:54 | Report Abuse

#rkgfantasy, u are right. TQ.

then it will be easier to estimate how much stake epf plan to buy...
my estimated figure is 8-9% in 3 mths time. hopefully jugdement is correct

Posted by VFTRADER > 2018-02-21 08:22 | Report Abuse

it is a SOP for this type of big fund to have private meeting with targeted companies' board of directors to have better understanding of the company future before start investing or further increase their stake.

Posted by Zai Zai > 2018-02-21 09:48 | Report Abuse

Yesterday announcement of EPF emerged as a substantial share holder
is a strong injection to support the share price

Posted by bgt9963 > 2018-02-21 09:53 | Report Abuse

dumb dumb hold.......!

Posted by abang_misai > 2018-02-21 13:19 | Report Abuse

No worker so big volume today

Posted by VFTRADER > 2018-02-21 16:03 | Report Abuse

q buy vs q sales vol so big!!

Posted by Stephen639 > 2018-02-21 19:32 | Report Abuse

OCK News Alert: Bursa M'sia - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : INTENTION TO DEAL DURING CLOSED PERIOD

Posted by rkgfantasy > 2018-02-21 20:41 | Report Abuse

What the announcement mean ?
have to wait another announcement only can know how much OCK boss sold the share ?

Posted by miker > 2018-02-21 20:44 | Report Abuse

Ini epf tarak guna punya, nanti epf jual, share nyatuh mcm waterfall

Posted by bpng0904 > 2018-02-21 23:21 | Report Abuse

rkgfantasy, the announcement is to not put you in a disadvantage position. He could be buying or selling ock shares or warrants. Let's wait and see.

Posted by rkgfantasy > 2018-02-22 00:09 | Report Abuse

not likely is buy
should be should, and buyer either EPF / KWSP
think those big fund must be complain OCK too many time for cannot collect share

Posted by Zai Zai > 2018-02-22 11:30 | Report Abuse

it seen like the transaction price is 0.805

Posted by Ohyea > 2018-02-22 11:36 | Report Abuse

Jialat company keep dropping... no eye see

Posted by chooheng > 2018-02-22 15:24 | Report Abuse

maybe EPF also know this ock always wake up once in a quarter end, so want to earn some quick money buy small small wait for Feb end result then dumb...dumb.

Posted by VFTRADER > 2018-02-22 20:33 | Report Abuse

with powerful business strategy presented by OCK boss to EPF team, end up EPF prefered directly own more OCK share instead of edotco shown that OCK business plan is at least on par with edotco although OCK is much smaller than edotco.

in my personally opinion, those who sold OCK share in the past 9 mths due to lackluster share px, can rethink to buy back for future growth.

again, there is no answer for any investment we make until we divest it.

Posted by VFTRADER > 2018-02-23 08:15 | Report Abuse

Some main shareholders:

Axiata:
a)Khazanah = 37%
b) EPF=14%
c) KWAP=3.5%
d) LTH=2.6%

Edotco:
a)Axiata=62%
b)Khzanah=11%
c)KWAP=5.4%
d) Bal=Japs company.

Khazanah + KWAP also hold directly on edotco but not EPF.
There must be a reason why EPF keen on OCK instead of edotco.
I think 1 thing get EPF attention on OCK is good in cost control & keep bringing down especially field operating cost although they have high amt of loan.

Note:
EPF also become sustaintial shareholders for ECOWLD this week and ecowld share px pattern same as OCK, price keep dropping when EPF top up their stake....

WHY??

Posted by rkgfantasy > 2018-02-23 09:40 | Report Abuse

seem like engine start to move

Posted by Bizfuneng > 2018-02-23 09:52 | Report Abuse

Any shares EPF touches, prices down. Better run seeing EPF coming.

Posted by Zai Zai > 2018-02-23 11:02 | Report Abuse

i think you are not ready yet to be in stock market.

Posted by ttt > 2018-02-23 11:43 | Report Abuse

lol

Posted by chooheng > 2018-02-23 13:03 | Report Abuse

quarter end effect comes.....celebration time.

Posted by VFTRADER > 2018-02-23 14:53 | Report Abuse

time will tell someone y the px pattern keep moving down when epf start buying till they become sustain shareholder.

Posted by rkgfantasy > 2018-02-23 18:24 | Report Abuse

Boss buy share, what does it mean haha
i tot is new insituition buy share from boss

Posted by rkgfantasy > 2018-02-23 18:54 | Report Abuse

EPF buy 25million share in 3 month
mean from 2017 september, can see from reuters

Posted by VFTRADER > 2018-02-23 20:12 | Report Abuse

EPF satisfied with the presentation made by OCK top management and this has boost OCK boss confidence on their tower business strategy overseas.

The good news from here is that once EPF become substantial shareholder in any companies, lots of funds will join...

Good luck.

Posted by azlan88 > 2018-02-23 21:12 | Report Abuse

Yesterday volumes, I believe comes from EPF. and today from their founder. Believe that they would be reporting good number next week, underpinned by forex gain (as I said before they stand to gain about RM18 million from forex gain on loan) and also contributions from their recurring income of tower business. Usually their 4th Quarter would be the best.

Their market cap is only about RM300 million away from magic number of RM1 billion. EPF does not simply take substantial stake in small cap companies unless they see potential or any corporate exercise coming.

I have read somewhere that YTL has the highest no of tower around 5000 nos, Celcom, Digi, and Maxis have close to 4000 each and the balance from TM and U Mobile. Apart from Celcom, other telcos may divest their telco tower to OCK in return of some stake. OCK stand to gain due to their neutrality, unlike edotco which is owned by Axiata.

Posted by KISSinvest > 2018-02-23 21:49 | Report Abuse

still holding my ock wa, can somebody call boss Sam Ooi and ask what is his tp for this year?

Posted by sosfinance > 2018-02-24 08:45 | Report Abuse

From a business perspective, in Myanmar (now about 700), they are doing quite well (may be a cost leader) with gradual improving tenancy ratio from other major telcos like MPT, Mytel (in discussion with Ooredoo). Towerco, with 27 years contract, is a sustainable small size "monopoly" with good cash flow (EBITDA Margin 50-65%) when tenancy ratio grow.

Similarly, they also purchase about 2,000 towers in Vietnam and gradually improving its cost and also its tenancy ratio besides expanding more towers.

(misconception of high PE. Normally for long term project, IPP, toll roads, water concessions, towerco, the capex is high (but come with >20 years contract from major telco), its initial years PE is very high due to gradual pay down of loan and high depreciation. About half of Shareholders' Funds or RM200m from rights issue and private placement is injected into towerco biz in 2016/7. It need some time to achieve its optimum tenancy ratio.)

Posted by VFTRADER > 2018-02-24 15:42 | Report Abuse

some edotco shareholders:

[a] khazanah = pumped in US$200mil for 10.7% stake
[b] KWAP = invested US$100mil for 5.4% stake.


for EPF, so far only invested 43.6mil share in OCK (assume @0.90/share, only RM40mil or US$10mil @ forex RM4.00)
only kacang putih amt compare to the above 2.

If they just up the stake to 15%, what will be the price by that time?