Posted by warchest > 2018-07-27 10:51 | Report Abuse

@VF Trader - Not that CMY didn't want to invest in Alibaba but because it was not his core expertise investing in companies like Alibaba. Khazanah has a big team evaluating many corporate proposals for startups / tech companies at the same time. Khazanah invested at later stage because they finally saw the traction and profitability from the Alibaba's business model.

Posted by warchest > 2018-07-27 10:52 | Report Abuse

But OCK is not Alibaba, Amazon or Google. Investors willing to throw money to these founders these companies even is just ideas. Just ask any investors outside and u will know.

Posted by warchest > 2018-07-27 11:09 | Report Abuse

@sosfinance - When u consider the repayments of the borrowings in the future basically the current EBITDA is not sufficient. The repayments will come later depends on how the terms negotiated in their loan facilities. EBITDA of RM100-RM120 mill for now is merely a projection but it will change from time to time. We need to take account of rising staff cost (incl. high directors packages in relative to the profitability). In summary, we need to consider few factors (i) whether they can achieve the profitability and cashflow that they projected (ii) future repayments of the loans (iii) how they can contain the rising staff cost. So far, these cause some worries. Hopefully, they can do something about these

Posted by Zai Zai > 2018-07-27 12:46 | Report Abuse

very likely common tower in Philippine will successful
http://www.gmanetwork.com/news/money/companies/661828/isoc-infrastructure-wants-to-build-common-towers-for-telcos/story/

Posted by Zai Zai > 2018-07-27 12:50 | Report Abuse

The company tapped OCK Vietnam Pte Ltd. as technical partner for the common tower project.
http://manilastandardtoday.com/business/it-telecom/271347/isoc-infra-submits-bid-for-telco-towers.html

Posted by dotdotdot > 2018-07-27 22:51 | Report Abuse

19 Jul 2018 Acquired 1,000,000 EMPLOYEES PROVIDENT FUND BOARD
17 Jul 2018 Acquired 1,000,000 EMPLOYEES PROVIDENT FUND BOARD
10 Jul 2018 Acquired 20,000 LOW HOCK KEONG
03 Jul 2018 Acquired 500,000 EMPLOYEES PROVIDENT FUND BOARD

Posted by Zai Zai > 2018-07-28 16:09 | Report Abuse

Stock code: 00788

Prospectus time: 2018-07-25~2018-07-31 11:30

The date of the signing announcement: 2018-08-07

Listing date: 2018-08-08

Number of shares per lot: 2000 shares

Interest-bearing date: 7 days

Market value: 61.223 billion (H shares)

P/E ratio: 106.77 times

Offer price: 1.26~1.58 HKD

http://westdollar.com/sbdm/finance/news/1354,20180728915038859.html

Posted by Zai Zai > 2018-07-28 18:21 | Report Abuse

Axiata’s edotco acquires tower assets for $34.5m in north Malaysia
RM622k/tower

Read more at: https://www.dealstreetasia.com/stories/axiatas-edotco-acquires-tower-assets-for-34-5m-in-north-malaysia-103444/

Posted by Jarklp > 2018-07-28 19:13 | Report Abuse

USD34.5m is 80% stake, they are paying RM778k/tower

Posted by Zai Zai > 2018-07-28 19:17 | Report Abuse

thx for the correction.

Posted by chromacon > 2018-07-31 15:26 | Report Abuse

IMO, OCK is pursuing expansion at too fast a pace. Too fast that expenses are gradually increasing at a rate more than revenue. Will the company find a balance to eventually see cash flow coming in and staying in their books? Or will the company's vision of regional expansion eventually cause its expenses to be unsustainable?

Posted by chooheng > 2018-08-01 13:13 | Report Abuse

yup it will collapse with his giant hat

Posted by sosfinance > 2018-08-01 17:12 | Report Abuse

OCK cash flow appears ok, based on yearly operating cash flow (RM120m and growing) + net receivables less payables (RM180m). Total operating cf + net receivables + cash = RM400m.

And short term borrowings is about RM280m (of which about RM100m is revolving credit + BA, can be replenished). Interest is about RM20m.

Cash flow is not a major issue, as its operating cash flow is growing in double digits.

Posted by Zai Zai > 2018-08-04 19:58 | Report Abuse

网络天空打开之後
通讯业江湖风起云涌谁将脱颖而出
04/08/2018

多元媒体及通讯部长哥宾星上任後，开始出招，昨日透露政府将＂打开＂马电讯（TM 4863）和国家能源（TENAGA 5347）的光织电缆管道後，市场担心马电讯垄断地位不再，不管三七廿一抛售马电讯股票。

马电讯营运会受到什麽程度的影响，目前还无法评估，不过市场认定＂打开垄断＂肯定不利这家官联公司，马电讯市值一天里蒸发了7亿令吉，投资者是否反应过敏，还要看接下来的发展。

光织电缆管道和通讯柱可以共用之後，主要的电讯商必可大事投资铺设，网速将增加，收费也可能减低，迎来5G时代之前，政府开放网际网络，江湖从此是多事之秋。

多家公司将成投资者焦点，到底谁能在自由天空下脱颖而出，成为大赢家，目前还言之过早。

将加入自由天空竞争的包括明讯（MAXIS 6012），亚通（AXIATA 6888）和数码网络（DIGI 6941）。

OCK集团（OCK 0172）和OPCOM集团（OPCOM 0035）这电讯基本设施工程公司，也可能从中受惠。

目前拥有200,000名固网频道（BROADBAND）用户的明讯（MAXIS）已摩拳擦掌，准备大举投资於光织电缆，以争取更多用户。

马电讯目前下BROADBAND供应商垄头，拥有200万名用户，它遍布全国的基本设施是成为龙头老大的主要原因。

明讯则是一家积极争取市场的公司，铺设的光织电缆迎头赶上，预料可抢到更多用户。

《九点股票》将焦点集中於电讯网络服务商OCK集团，该公司股价在五月九日大选之前仍站在75仙至80仙之间，大选後股价就一路滑跌至目前的RM0.655。

OCK集团本益比是22倍，估值不便宜，不过若政府打开国家能源（TENAGA）和马电讯的光织电缆管道，各电讯公司争相铺设更多光织电缆，OCK集团的工作预料会快速增加。

合约增加要转化为盈利，或要在六到九个月之後才见到。

Posted by Zai Zai > 2018-08-05 14:43 | Report Abuse

Coming qtrl PMT no surprise.
IDR too much depreciation.

Posted by Lim Tek Wai > 2018-08-06 10:52 | Report Abuse

Good to invest it

Posted by Yael Jasper > 2018-08-06 10:54 | Report Abuse

Climbing....

Posted by chooheng > 2018-08-06 17:11 | Report Abuse

ya ya...come in please.

Posted by chooheng > 2018-08-07 15:45 | Report Abuse

EPF buy again?

Posted by warchest > 2018-08-08 15:11 | Report Abuse

this company only can go up not because of expansion in number of towers. the only way this share price to go up is showing good growth in results. high profitability. that's the only way !

Posted by warchest > 2018-08-08 15:12 | Report Abuse

so far all the growth in profitability is just a small incremental. that's why even market bullish, this counter will still sleep

Posted by chooheng > 2018-08-08 19:47 | Report Abuse

sama juga

Posted by warchest > 2018-08-14 10:55 | Report Abuse

I believe SOS will understand how the share price of OCK will move. not on no. of towers, not on JV, not on revenue but growth in profitability. All those no. of tower, JV, partnerships or revenue are vanity but profits are sanity. We need to show good growth in profitability

Posted by jordanmaggie61 > 2018-08-14 12:04 | Report Abuse

So good

Posted by VFTRADER > 2018-08-15 20:59 | Report Abuse

someone is 炒底。。。。

Posted by chooheng > 2018-08-17 14:54 | Report Abuse

failure investment. smtime just hv to admit then move on.

Posted by sosfinance > 2018-08-19 11:37 | Report Abuse

For Information Only: Director Low Hock Keong's timing appears good (vs MD Sam). He sold 1.25m @ 63 sen (Jan 16) and sold 2.0m @ 89 sen (Jan 18) and about 220k @ 64 sen (16 Aug 18).

Posted by warchest > 2018-08-20 10:10 | Report Abuse

Move on, we can said that this is a failure investment. Better spend money to invest those semi con industry if u like new age investment

Posted by warchest > 2018-08-20 10:10 | Report Abuse

I can tell u, this OCK is more of vanity, not sanity

Posted by warchest > 2018-08-20 10:11 | Report Abuse

is like a hooker, for short term satisfaction. not real wife that will bring u real wealth

Posted by warchest > 2018-08-20 10:12 | Report Abuse

i admitted i lost in OCK-wa. my cost is 26 cents but i learned to move on. so far i don't see the need to top-up cause profitability growth is not there.

Posted by warchest > 2018-08-20 10:18 | Report Abuse

why still missing the hooker after many nights and still worshiped her like a goddess. U have a good wife at home.

Posted by warchest > 2018-08-20 10:35 | Report Abuse

guys be mature in investments. don't be afraid to admit mistakes. that's how we learn. not by finding 101 ways to justify that we didn't make a mistake ! Warrent Buffet also admitted that he made a mistake in his investment in Tesco. Hence, no need to be shameful that all of us actually did some mistakes in OCK. to me, so far OCK is more of the MD's glorified trophy

Posted by GaRRYtan > 2018-08-20 11:12 | Report Abuse

what is the reason Sam Ooi is buying so much of shares and also EPF. Dicretor Low also bought last week.

Posted by warchest > 2018-08-20 13:51 | Report Abuse

Not much Garry, Sam and Low in total net buying is 1,165,800 shares (almost RM850k) since Jan 2017. that's very small number

Posted by warchest > 2018-08-20 13:55 | Report Abuse

in comparison to Sam and low's remuneration packages already almost RM2 mill vs RM850 k tota net buying. small amount

Posted by GaRRYtan > 2018-08-20 15:47 | Report Abuse

just checked since Feb 2018 until now, Sam bought 3.8million shares in open markets. EPF bought 14millions shares from open market.

Posted by GaRRYtan > 2018-08-20 15:54 | Report Abuse

Look at the towers asset owned by OCK now. Debt is high but will provide a very strong cashflow. Phillipines is the next target to be aim. Big potential for OCK if they able to grab TOWERCO businesss there.

Posted by Jarklp > 2018-08-20 22:57 | Report Abuse

funny, when someone sells, he expects others to follow him and grow up to be a "mature" investor... really cute.

Posted by Invest_168 > 2018-08-21 00:32 | Report Abuse

股价都已跌到阿妈都不认得了，大家以为它还会跌更低让你廉价买入它吗？别人恐慌时，就是价值投资者贪婪的时候。

Posted by VFTRADER > 2018-08-21 08:01 | Report Abuse

Total invested by Sam:
[a] OCK = 2018 Feb till now = RM3.3mil.
[b] OCK-w= Based on 2017AR =16,765,600 unit (assume @RM0.25/unit)=RM4.19mil
TTL=RM7.49mil

EPF
OCK =2018 Feb till now RM10.26mil
OCK = 2016FY (2.845%=24,802,580 share) till 5% in 2018Feb = increase almost 18.78mil share.
assume RM0.88/share, so RM16.52mil invested.
TTL invested = RM26.78mil.


The KEY POINT is who keep selling to EPF and they are happly collecting the share at such a cheap price. This is call 炒底。

Posted by GaRRYtan > 2018-08-21 11:10 | Report Abuse

VFTRADER: GOOD one. Mouth watering of 25k towers in Philippines. ISOC is owned by Megawide. OCK has a realiable partner.

Posted by chooheng > 2018-08-21 11:40 | Report Abuse

next week quarter result out. will see.

Posted by Peanut055 > 2018-08-21 16:35 | Report Abuse

Bought some at 0.635

Posted by Peanut055 > 2018-08-23 18:34 | Report Abuse

Been at 0.635 for too longgg come on go uppp

Posted by kahsoon888 > 2018-08-27 17:34 | Report Abuse

Goreng bottom? What mean of this?

Posted by chooheng > 2018-08-27 17:42 | Report Abuse

mean u gain more put in fd than buy this shares four years。呵呵呵

Posted by kahsoon888 > 2018-08-27 23:21 | Report Abuse

Peanut, Sabar....

Posted by chooheng > 2018-08-28 09:47 | Report Abuse

Sabar, let us sell in better price first then only you sell, ok.. all sell together the price will free fall. bad result with increase USD rate in term loan.

Posted by jordanmaggie61 > 2018-08-28 10:08 | Report Abuse

wah, suddenly fly because of no road block today. Profit everyday thanksss