OCK GROUP BERHAD

KLSE (MYR): OCK (0172)

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Last Price

0.465

Today's Change

-0.005 (1.06%)

Day's Change

0.46 - 0.465

Trading Volume

326,700


19 people like this.

10,848 comment(s). Last comment by CoolBull 1 week ago

warchest

1,818 posts

Posted by warchest > 2018-09-07 15:15 | Report Abuse

today is only around 11 cents, so shitty. All those warrant holders die kau kau. OCK = Orang Cacat Kanasai

lizi

1,968 posts

Posted by lizi > 2018-09-07 15:28 | Report Abuse

when market is bad, market sentiment tend to go for safer counter, cleaner or stronger balance sheet ones. unless you have explosive earning to show lah, then different story.

warchest

1,818 posts

Posted by warchest > 2018-09-07 15:39 | Report Abuse

u are right on this lizi ! Balance sheet and income statement, definitely OCK is weak. Growth stories all as good as fairy tales

Posted by stockmter > 2018-09-12 17:56 | Report Abuse

I was eyeing on this counter last year, and thought it’s a good counter to add. Finally bought some. What happened? Uncle Sam your counter fall and fall. No good news from Uncle Sam? I keep track on business news but no glimpse of Uncle Sam these days. Disappeared?

Look at share price, it started to fall since this year, non-stop. Uncle Sam, no drive anymore?
Don’t disappoint us.

Posted by Platypus88 > 2018-09-13 10:39 | Report Abuse

Aiyooo.... another new low for OCK. What is happening to this counter?

All the sifus, please comment. Should sell or hold?

Flintstones

1,762 posts

Posted by Flintstones > 2018-09-13 10:41 | Report Abuse

OCK is another case of EV/EBITDA fallacy. Never ever judge a stock based on EBITDA. Big players look at net profit or cashflow

kahsoon888

711 posts

Posted by kahsoon888 > 2018-09-13 11:19 | Report Abuse

Cut loss?

warchest

1,818 posts

Posted by warchest > 2018-09-13 14:52 | Report Abuse

EBITDA metric valuation cannot work for company like OCK. that's why it failed so miserably

warchest

1,818 posts

Posted by warchest > 2018-09-13 15:00 | Report Abuse

OCK is like not bottom. falling knife

warchest

1,818 posts

Posted by warchest > 2018-09-13 15:10 | Report Abuse

for SOS sifu - Warren Buffett once stated in a letter to Berkshire Hathaway shareholders: “References to EBITDA make us shudder—does management think that the tooth fairy pays for capital expenditures?”

warchest

1,818 posts

Posted by warchest > 2018-09-13 15:20 | Report Abuse

SOS - EBITDA is hardly a proxy for cash flow. EBITDA of OCK growing is a fact but its borrowings keep increasing and the balance sheet getting worse

Posted by Platypus88 > 2018-09-13 15:30 | Report Abuse

EBITDA is only the financial measures, a lot of sifu told me to buy base on management team... i don't understand... Sam is still the same CEO... why the business and share price is so bad?

Posted by jordanmaggie61 > 2018-09-14 10:40 | Report Abuse

Keep going, up up up !

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-09-14 10:59 | Report Abuse

Strong momentum time to invest now.

warchest

1,818 posts

Posted by warchest > 2018-09-14 16:45 | Report Abuse

Those financial gurus here keep mentioning about EBITDA but only see in isolation. EBITDA basically not cash flow even though in theory it will ultimately turn into operating cashflow. Despite showing EBITDA, OCK every showing huge negative cash flows

warchest

1,818 posts

Posted by warchest > 2018-09-14 16:46 | Report Abuse

that's the fallacy of those financial gurus here. die together with OCK wa

rkgfantasy

1,187 posts

Posted by rkgfantasy > 2018-09-18 10:14 | Report Abuse

what happen today, salt fish turnaround?

chooheng

318 posts

Posted by chooheng > 2018-09-18 20:54 | Report Abuse

no rise a bit who would go in. selling pressure still there. better give till mid nov only react.

Karlos

1,288 posts

Posted by Karlos > 2018-09-20 09:36 | Report Abuse

For the investors, the story that is the prospect of the biz is more important that the figures especially the past one. We invest for the future not the past. My personal view is that this biz has good prospect as more and more mobile operators outsource their towers and tower sharing is getting more popular. In addition more towers are needed as technology moving from 3G to 4G and 5G.

Thkent91

195 posts

Posted by Thkent91 > 2018-09-22 00:15 | Report Abuse

Warrant good to go in?

shpg22

2,984 posts

Posted by shpg22 > 2018-09-24 13:23 | Report Abuse

Wise man says - If you don't learned from the past, you are destined to failed in the future. Analyst like to use the prospect of future to justified their high price target, but most of the prospect turn out to be below expectation as they usually do

warchest

1,818 posts

Posted by warchest > 2018-09-25 10:54 | Report Abuse

shpg22 - wise advise. Analysts especially those from RHB Investment (promoter of OCK) will try to justify the valuation with all the prospects. Normally the all the guidance is given by the management so that it will help the company to push the share price. However, execution and the benefits from the expansion always overrated. Hence, i'm no surprise that many sifus here also got conned

frank74

424 posts

Posted by frank74 > 2018-09-28 09:42 | Report Abuse

I have a request, can anyone who has inside knowledge of some progress made by the company, please share. It would be good to have some constructive comments rather than constant rants that are not beneficial to anyone whatsoever.

Everyone here are adults, I assume, unless there are some 5 year olds in the forum that I don't know about. We all invest with our eyes WIDE OPEN, and are totally responsible for our decisions. No one else.

Karlos

1,288 posts

Posted by Karlos > 2018-09-28 12:15 | Report Abuse

U can't blamed the analysts for being promotional. If they dare to differ from what the management guide, they may be sidelined in future contacts. In additional they are not allowed to upset future biz deals of their banks with the companies.
They basically write what the companies they are covering and their employers told them to write.

Karlos

1,288 posts

Posted by Karlos > 2018-09-28 12:27 | Report Abuse

Caveat Lector!

frank74

424 posts

Posted by frank74 > 2018-10-01 17:59 | Report Abuse

Looking at consistent purchases made recently by Sam and EPF, maybe it's them laughing their way to the bank !

chooheng

318 posts

Posted by chooheng > 2018-10-04 23:16 | Report Abuse

euro going to impose sanction to myanmar. if that happen US will soon follow. telenor still can stay to do business with ock?lets ser.

frank74

424 posts

Posted by frank74 > 2018-10-05 10:52 | Report Abuse

euro going to impose sanction to myanmar. if that happen US will soon follow. telenor still can stay to do business with ock?lets ser.

Thanks for info.

1) One would hope that such build to suit contracts that run for many years have exit clauses that would reasonably compensate OCK, given the capital invested.

2) One would also hope that those towers are built in strategic locations that OCK can open them up to multiple telcos rather than just for one, Telenor. Good thing OCK has built relationships with all players there in Myanmar.

End of the day, let’s hope Telenor doesn’t leave la of course. Nobody likes uncertainty.

chooheng

318 posts

Posted by chooheng > 2018-10-11 07:55 | Report Abuse

for this new share gain tax. ock investor shld grin bcause dont hv to pay tax....haha.

rkgfantasy

1,187 posts

Posted by rkgfantasy > 2018-10-16 12:44 | Report Abuse

every time got new target price, the price drop even more, quite funny

kahsoon888

711 posts

Posted by kahsoon888 > 2018-10-19 15:32 | Report Abuse

Drop drop drop

kahsoon888

711 posts

Posted by kahsoon888 > 2018-10-23 16:29 | Report Abuse

Wtf...Wa drop till 0.085

chooheng

318 posts

Posted by chooheng > 2018-10-23 19:49 | Report Abuse

australia sanction on military high rank.

tyran

94 posts

Posted by tyran > 2018-10-25 11:00 | Report Abuse

Uncle sam certainly has confidence in his co, keeps buying back shares

rkgfantasy

1,187 posts

Posted by rkgfantasy > 2018-10-25 12:18 | Report Abuse

let see uncle sam able to buy the 1.1m share or not

warchest

1,818 posts

Posted by warchest > 2018-10-25 16:37 | Report Abuse

this company is dead

warchest

1,818 posts

Posted by warchest > 2018-10-25 17:25 | Report Abuse

don't put too much hope on this counter, i swapped all into prestariang now since the same price

warchest

1,818 posts

Posted by warchest > 2018-10-25 17:26 | Report Abuse

OCK will continue to have low profit. when economy downturn, this is the worst affected company

warchest

1,818 posts

Posted by warchest > 2018-10-25 17:26 | Report Abuse

Even at so low price now from RM1 to now, PE still 18 times. that's ridiculous

warchest

1,818 posts

Posted by warchest > 2018-10-25 17:32 | Report Abuse

is painful from OCK but i think at least i think swapping to other counters give much better upside

rkgfantasy

1,187 posts

Posted by rkgfantasy > 2018-10-31 12:29 | Report Abuse

when EPF start depose we need to pay attention le, either big up or another big down

warchest

1,818 posts

Posted by warchest > 2018-10-31 15:04 | Report Abuse

Guys, prestariang up ! OCK is a big shit. Anyway, let's concentrate on better fundamental counter. Can consider Ekovest, Prestariang at the same price as OCK. OCK is dead

chooheng

318 posts

Posted by chooheng > 2018-10-31 15:16 | Report Abuse

anyone/ any investment institution has latest info to Myanmar tower build up status and tower occupying rate? enter Nov soon, with current selling trend ........ indicate something lah. you know lah insiders act first usually

warchest

1,818 posts

Posted by warchest > 2018-11-01 14:50 | Report Abuse

Joking all promoters, even the biggest promoter already gone from here. now left all small promoters

warchest

1,818 posts

Posted by warchest > 2018-11-01 16:25 | Report Abuse

don't promote rubbish company

warchest

1,818 posts

Posted by warchest > 2018-11-01 16:25 | Report Abuse

Prestariang, ekovest now to buy. same level as OCK but with much better fundamental.

warchest

1,818 posts

Posted by warchest > 2018-11-01 16:26 | Report Abuse

top glove, harta kossan = OCK ..lol
that's a joke

warchest

1,818 posts

Posted by warchest > 2018-11-02 12:58 | Report Abuse

hope cannot work in Bursa. the boss in OCK is cunning and not the real business leaders like the one in Top glove, kossan, harta

warchest

1,818 posts

Posted by warchest > 2018-11-02 12:59 | Report Abuse

Congrats guys that followed me to swap OCK to Prestariang at 50 cents. few days ago same level. Now Prestariang is 44% higher

warchest

1,818 posts

Posted by warchest > 2018-11-02 13:03 | Report Abuse

OCK is not a market leader in this field, lacking of competitiveness than its regional peers. Even Malaysia, they are nothing compare to Edotco. Topglove, Kossan and Harta they are the leaders with strong mold

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