Posted by beachboy > 2019-09-24 10:47 | Report Abuse

Ock still have a lot of potential

Posted by sosfinance > 2019-09-24 15:56 | Report Abuse

PETALING JAYA: Axiata Group Bhd’s unit edotco Group Sdn Bhd plans to build 400 to 500 telecommunications towers in its first year of operations in the Philippines via its new joint venture.

According to a statement, edotco has entered into an equity partnership with ISOC Infrastructure Inc in the Philippines named ISOC edotco Towers Inc, which upon completion would become a subsidiary of edotco.

Each company will invest up to US$100mil in the Philippines over the next three to five years, it added.

<Read more at https://www.thestar.com.my/business/business-news/2019/09/24/edotco-to-build-500-towers-in-first-year-of-philippines-operations#yfkHC7AzxeuK1sh0.99>

Correction now is another opportunity.

Posted by beachboy > 2019-09-24 17:02 | Report Abuse

Last 15mins ppl keep sapu..

Posted by Lion123 > 2019-09-24 18:11 | Report Abuse

https://www.klsescreener.com/v2/news/view/581870 . Will fly anytime soon

Posted by beachboy > 2019-09-24 18:53 | Report Abuse

Yes... Ock anytime can fly.. Same like opcom when gov announced the news..

Posted by unclejoe > 2019-09-25 10:26 | Report Abuse

Again, OCK WA has stronger support than mother, its suppose to drop to 0.08 level. Why investors supporting a warrant?

Posted by sonyx123 > 2019-09-25 11:27 | Report Abuse

because upside is there.... its coming

Posted by beachboy > 2019-09-25 11:30 | Report Abuse

Ock anytime can boom.. Fly high..

Posted by sonyx123 > 2019-09-25 11:30 | Report Abuse

previously son never go up that much when mother rise, so vice versa now

Posted by unclejoe > 2019-09-25 11:42 | Report Abuse

not only rise in price, it has a much higher volume too.

Posted by unclejoe > 2019-09-25 11:47 | Report Abuse

looks like bankers are collecting cheap.

Posted by sonyx > 2019-09-25 12:18 | Report Abuse

Yeap. Collect while you can

Posted by beachboy > 2019-09-25 12:28 | Report Abuse

When ock reach 0.72 then son may up till 0.2

Posted by sosfinance > 2019-09-25 17:17 | Report Abuse

Good volume in mother share, similarly the warrants, positive sign. Normally high volume for OCK lasted not more than 5 days. Going up above 70 sen is about 10%, but the warrants returns will be great at the current 5.39x. May be worth taking this risk as management believe earnings will grow about 20% p.a., thanks to more contract jobs and expansion of towers and tenancy.

Assumed you sell mother 100,000 @ 62 sen and buy 560,000 warrants @ 11 sen, assume mother went up 8 sen, warrants up 4 sen, your warrants return is 36%. You make about RM22k for the warrants, mother return is about 13%, or RM8k. May be worth a while.

Posted by beachboy > 2019-09-25 19:03 | Report Abuse

Most likely is 5g news

Posted by PresidentRotiCanai > 2019-09-25 20:05 | Report Abuse

Time to goreng telco stock

Posted by stncws > 2019-09-25 20:56 | Report Abuse

TMR EARLY BIRD

Posted by Davidyeap > 2019-09-25 21:17 | Report Abuse

5G 迅速发展对OCK非常有利，MAXIS大搞5G OCK 就稳稳的

Posted by PresidentRotiCanai > 2019-09-25 21:35 | Report Abuse

今天蜡烛很美得不像样

Posted by beachboy > 2019-09-26 00:04 | Report Abuse

let see whether can break 0.65 tomorrow

Posted by hua91 > 2019-09-26 09:25 | Report Abuse

So many selling at 0.63 now... Damn it.

Posted by beachboy > 2019-09-26 09:48 | Report Abuse

0.65 1st target.. Let see

Posted by john > 2019-09-26 09:51 | Report Abuse

someone playing with son right now

Posted by makemoney1 > 2019-09-26 10:20 | Report Abuse

ock have been pressed down for more than 1 year. price drop with low volume. should be time to rocket d

Posted by hua91 > 2019-09-26 11:02 | Report Abuse

No hope to break 0.65 already, some people keep selling

Posted by beachboy > 2019-09-26 13:17 | Report Abuse

I dunno why the player only play after 4.30pm.
Let's see today.

Posted by sonyx123 > 2019-09-26 13:55 | Report Abuse

maybe resting day today...

Posted by stncws > 2019-09-26 14:21 | Report Abuse

Theme 5G..our.t.....wait Budget...DAP MINISTER

Posted by sosfinance > 2019-09-26 14:49 | Report Abuse

Accumulated some WA, not because of the news, because of the growth (better qtr).

Posted by hua91 > 2019-09-26 14:57 | Report Abuse

0.61 now...

Posted by beachboy > 2019-09-26 14:59 | Report Abuse

Wait big player to join.

Posted by Kasumi0912 > 2019-09-26 15:20 | Report Abuse

Is Chance to accumulate 0.61

Posted by beachboy > 2019-09-26 15:25 | Report Abuse

I will q 0.11 to collect more warrant

Posted by thequalityguy > 2019-09-26 16:16 | Report Abuse

donno wat happened. going nicely until 0.64, now suddenly dropped up to 0.605!

Posted by unclejoe > 2019-09-26 16:36 | Report Abuse

bankers want to collect cheap. Look at warrant, very strong support.

Posted by sonyx123 > 2019-09-26 16:55 | Report Abuse

warrant also weak la

Posted by unclejoe > 2019-09-26 17:00 | Report Abuse

mother down 1.5 cent, warrant only down 0.5 cent.

Posted by warchest > 2019-09-26 17:02 | Report Abuse

where got cheap ? OCK is a decent company but with stretched valuation

Posted by Lee1045 > 2019-09-26 21:09 | Report Abuse

Ending correction.....

Posted by calvintaneng > 2019-09-26 23:41 |

Post removed.Why?

Posted by beachboy > 2019-09-27 08:25 | Report Abuse

The chart still very good. let's see what happen today.

Posted by hua91 > 2019-09-27 11:15 | Report Abuse

Hope can hold 0.6.. if not gonna cut loss already

Posted by warchest > 2019-09-27 16:00 | Report Abuse

i'm targetting RM0.55 to accumulate than i will sell at 10% to 15% profit. 15% would be the maximum TP

Posted by kenie > 2019-09-27 16:42 | Report Abuse

11-Sep-2019 EMPLOYEES PROVIDENT FUND Disposed 1,343,500

Posted by Lee1045 > 2019-09-27 16:51 | Report Abuse

Old news!

Posted by sosfinance > 2019-09-28 11:40 | Report Abuse

Better growth as OCK continue to expand its towers and tenancy, hopefully double digits growth for FYE19 and FYE20.

Besides expansion on towers domestically, Myanmar and Vietnam, locally, there are a couple of initiatives that may benefit OCK in the next few years such as:

1. National Fiberisation and Connectivity Program of about RM21.6 billion

2. Government support of Solar PV nationwide

3. JV between ISOC edotco in Philippines

More importantly, as we look into the latest Annual Report, the approximately 1.5% of the Shariah Funds (in top 30 of FYE17) has sold down during the FYE18, it would be less negatives to the share performance.

As for gearing issue, the towerco projects financing is ring fenced and within the debt service ratio and the higher gearing mainly comes from short term revolving credits is meant for contract works and trading activities and supported by 'invoices', mainly from the telcos with strong financials.

I do hold some warrants and mother shares, and switches them when opportunity arises. Hence, I cannot be deemed entirely objective, even though what is presented is facts.

Good luck.

(Consult your investment advisors on decisions of investing).

Posted by unclejoe > 2019-09-29 06:32 | Report Abuse

sosfinance, good job, thank you!

Posted by sosfinance > 2019-09-30 09:18 | Report Abuse

NFCP & Solar PV will come in only in a year or two, while ISOC edotco may comes in next year. More importantly, FYE19 and 20, towerco will contribute more as gradual commissioning of new towers & co-tenants as we speak, and loan for towerco is reducing. 60 sen is not demanding, the towerco biz itself is >RM700-800m (UOB Kayhian gave it RM1.0b)

Posted by kahsoon888 > 2019-09-30 09:26 | Report Abuse

All the best

Posted by sosfinance > 2019-09-30 09:47 | Report Abuse

Great, accumulated some at 60 sen.