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.
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.
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?”
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?
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
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.
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
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
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.
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.
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.
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
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
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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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....
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