Yes, Invest. Institutional fund managers based on their mandates are not allowed to buy warrants. If there are holdings by them, it is because those warrants were issued to them as part of the corporate proposals.
It's positive news when insider (sam) bought about 16,000,000 warrants from open market and become the largest warrant holder.despite paying a premium of at least 14%. Lookout for the EBITDA growth.
To be fair SOS may promoted at from 40 cents but is up to us to decide whether to buy at which price point. At 40 cents no, 35 cents no, 30 cents no... but at level around 20 cents is a good level. I bought at around 18-18.5 because i think i'm starting to see a value for investment purpose. Anyway, another point to note is SOS even thought is financially savvy but he is not an industry expert so his view merely from his point of view. Accept or not depends on us.
Hopefully management will do something to alleviate the concerns on the high debts. EBITDA is there but there need to grow the cash flow faster than rising debts level
n the price is hanging on the balance? i see from the recent concluded meeting, alot of shareholder are unhappy almost 20% voted no for director to increase his pay...
Tak kenal maka tak benci. Sifu merangkap Serigala telah memasang pukat perangkap si bilis. Maka, banyak yang telah mampus dengan gelincirnya harga saham.
At this price, without any substantial cashflow going in, the price of OCK factored in the future growth ... It must be go lower for investor to take a part in it .... Currently the valuation is all build in the sky .... and a lot of people believe it .... One of similar counter is known as TMCLIFE too ...
less rent less tenure, currency fluctuation, over capacity green energy plant..all could b reason to low revenue. inaccurate market research could lead to unsuccesful investment. full opportunity b4 after investment goes in customers all wait and see or renegitiate on rent.. this is problem ock face now.
For Q1FYE2018, the Group’s regional business remains on a growth trajectory, recording a revenue of RM41.7 million. Regional revenue contribution over total revenue has increased to 42.8% as compared to 37.6% in 1QFYE2017. Regional PAT for the quarter under review was RM7.1 million, translating into a growth of 86.8% as compared to RM3.8 million in Q1FYE2017.
Commenting on the Group’s Q1FYE2018 performance, Mr. Sam Ooi Chin Khoon, Managing Director of OCK Group Berhad said, “We are optimistic of OCK’s continuous growth throughout the financial year ahead as it is a norm that our first quarter usually starts on a slower note. We continued to record profit growth despite the slowdown in our Malaysian TNS business which was mitigated by the strong growth from our regional ventures in which we expect to grow even stronger.”
the only problem i see in myanmar is slow increase in tower sites so far 820...by now should be over 1000 at least...Need to be more aggresive in rolling out new sites... comment in the q report: Moving forward, the Group expects to build more sites aggressively to cater to the growing demand of daily data usage in this greenfield telecommunication market.
Be alert of very high gearing ratio Non current liabilities: loan and borrowing stood at 177 million and current liabilities: loan and borrowing 283 million Trade and other receivables amount 280 million and intangible assets 154 million and this intangible assets can be right off in future,very high risks to invest this type of company
Revenue reduced due from lower contribution from TNS..this is contract based and awarded from MNO..ock will get more contract in d following months..recurring income(regional) maintains at 40m..what ock need to do is to improve tenancy ratio, increase margin,reducing debt and interest..you will see bottom line improved in d future
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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....
ttt
307 posts
Posted by ttt > 2018-04-23 09:12 | Report Abuse
how do u know EPF is accumulating son as well ?