this is first time OCK raise and drop to same price from 2019 race but no worry guy, it like shake away small fish everyone know if shark wanna go alway, the drop definitely look different
i agree rkgfantasy, i think the bigger the scale, the bigger the upside potential in futures. The drop actually is to kick out contra player. the shark dont run away in this way, they sell off when the share goreng up, and by stages not all dump out.
May be sooner, as seen in the accumulation over the last 5 months and positive growth in Myanmar with higher tenancy ratio about 1.42x based on expanded number of towers.
For Info Only, China Tower listed in HK last Aug 2018, at HKD1.26 per share, today is about HKD2.11 (not bad for a 9 month investment, gain of HKD0.75 (about 50%).
China Tower is in similar sector but not comparable. Its almost worth RM200b, OCK is close to RM0.5b. China Tower trade at PE of 100x. Many still think that OCK is a telco service provider, but going forward, it is more a towerco.
EBITDA and EBITDA margin will expand as long as new towers and improve tenancy ratio, and this is sustainable which what OCK is delivering over last 3 years, although, a delay effect. The recurring segment is gradually taking over the "contracting segment".
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....
abang_misai
2,590 posts
Posted by abang_misai > 2019-03-27 10:51 | Report Abuse
Yes. Congrats to those who managed to sell wa.
Once they push ock, they are actually selling wa which will be expiring next year.