Posted by Lee1045 > 2019-11-14 20:08 | Report Abuse

Old news, June 3......

Posted by beachboy > 2019-11-15 10:58 | Report Abuse

Rejoin the games after pp... Time to rise

Posted by lee_m2020 > 2019-11-15 11:35 | Report Abuse

Their boss just want this stock at .5 . Do not dream RM1

Posted by aireez > 2019-11-15 12:03 | Report Abuse

today Tp as PP issue price ... heheheee
dt miss lorrr

Posted by sosfinance > 2019-11-15 12:20 | Report Abuse

PP is issued at 60 sen. One of the analysts has a TP of RM0.75 per share on the pretext of
PATMI is RM28.5m and RM33.0m for FYE19 and FYE20 respectively.

Similarly, EBITDA is expected to grow from RM99m to RM108m (FYE19) and RM122m (FYE20).

Of course, those are estimates. However, based on the growth of number of towers & improved tenancy ratio, especially total number has expanded from about 3,000 towers to 4,000 towers. The increase in towers are from Myanmar (300), Vietnam (600), and Malaysia (100) towards last quarter of FYE18 will give OCK a boost to its earnings and EBITDA.

Hopefully they can achieve earnings growth of 20-30% for cumulative 9 months, from the increase in towers and also some secured contracts. Results may be out by end of next week.

Posted by Fooksing Wong > 2019-11-15 16:11 | Report Abuse

DROP SUPPORT LINE .... RUN 1ST

Posted by lee_m2020 > 2019-11-15 16:14 | Report Abuse

ok.. im coming...

Posted by sosfinance > 2019-11-15 17:17 | Report Abuse

Cost today 58 sen is below placee price of 60 sen. Previous placement in 2016 is 81 sen. Interesting. Of course, no placee(s) wants to incur losses, especially RM50m and with holding costs.

Let's see how it works out. It may be an opportunity. More importantly, EBITDA is growing fine from RM60m to RM100m (in 2 years), and estimated to be RM122m (FYE20) by analyst. I believe they can do better than analyst estimate, with Solar and Tower expansions.

And also getting good value from the subsidiary placement in one or two months.

Posted by frank74 > 2019-11-15 18:24 | Report Abuse

Actually, I agree with sosfinance. It is just 3sen above what the placees paid for their placement shares, which is not totally logical. I’m sure there was some kind of assurance given to placees for them to commit. If it goes below 55, they may as well have bought from the open market. Anyway, that’s just my point of view.

Posted by sosfinance > 2019-11-15 20:04 | Report Abuse

@frank74 the placement price is 60 sen, not 55 sen. The EBITDA of OCK's tower assets only for 2019/2020 is about RM70m. Depends what multiple they can get, conservatively 10-12 times. Not included is the engineering biz and green energy assets.

Posted by frank74 > 2019-11-15 22:32 | Report Abuse

my apologies, 60 sen. The point remains the same.

Posted by share2014 > 2019-11-16 08:26 | Report Abuse

Monday up lah better catch before it shoots up

Posted by Armageddon > 2019-11-18 15:24 | Report Abuse

Still can go in? 0.59

Posted by beachboy > 2019-11-18 16:20 | Report Abuse

Any good news? Or blindly goreng

Posted by Lee1045 > 2019-11-18 17:19 | Report Abuse

Maybe qr looking good...

Posted by Fooksing Wong > 2019-11-18 18:25 | Report Abuse

MAYBE REPORT LOOKING GOOD. I ALSO BUY IN TODAY AT 0.595

Posted by TP500 > 2019-11-18 18:26 | Report Abuse

when price drop say holland result ,better run fast .....when price up sikit ,say result good .....peninglah

Posted by lee_m2020 > 2019-11-18 21:31 | Report Abuse

hahaha... good, but this counter is yet to prove breaking 0.635, otherwise will be back to .58

Posted by TP500 > 2019-11-19 21:25 | Report Abuse

today drop=holland result

Posted by Lee1045 > 2019-11-19 21:29 | Report Abuse

Tomorrow up=Excellent results?

Posted by sosfinance > 2019-11-19 22:37 | Report Abuse

About 70% is held by financial institution (plus major shareholder). Last year was 74%, 4% being Shariah Funds, which was all sold down. Very low float, like many other Bursa stocks. Disregard the narrow price movements, the results will be good (based on expansion + better tenancy of tower biz).

With another private placement of the subsidiary OST in a month or two (unlock the value of its tower assets), it will allow the Group to expand further in tower assets. If we add up the capex for 3.5 years until 30 June 2019, the Group has spent about RM600m on tower assets, which is sustainable (5-15 years lease rental) and growing.

So, have to be patient for next one to two quarters at least, to see the positive results. Besides PAT, it is also important to monitor the growth of EBITDA (as the towers assets is valued by the market using EBITDA multiples). About 60% of the total EBITDA is from towerco biz, and it is growing.

Posted by sosfinance > 2019-11-20 09:07 | Report Abuse

EBITDA 2016 - RM60m, 2018 - RM100m, 2020E - RM120-140m. (For 2018, 60% of EBITDA is from tower assets which its earnings is sustainable and growing).

Posted by Fooksing Wong > 2019-11-20 18:24 | Report Abuse

im still keep ock share. i buy for next year project. price now 0.595 . let see next year. price sure will more then now :)

Posted by Lee1045 > 2019-11-20 19:15 | Report Abuse

Another 1 more month than go to year 2020. Coming soon...

Posted by VFTRADER > 2019-11-21 09:32 | Report Abuse

During PP to any new potential investors, financial forecast projection normal spread for 3-5yrs which means new investors are looking beyond 2020 company performance.

PP at 60sen which is at current mkt price instead of 55-56sen logically not fare to the new investors but bear in mind that they are NOT STUPID.

The new investors are looking forward to annual ROI of 7-10%.

This is just my guess. NJOY

Posted by Fooksing Wong > 2019-11-21 10:59 | Report Abuse

I HEAR MY FRIEND SAY OCK QR3 SO SO ONLY. I CUT LOSS

Posted by ttt > 2019-11-21 14:55 | Report Abuse

fooksing wong, faster sell.

Posted by Lich > 2019-11-21 17:52 | Report Abuse

Really not bad.
Revenue of RM131m 19.4% yoy and 13.1% qoq
PATAMI RM8.5m 9% yoy and 21.5% qoq.

Posted by Lich > 2019-11-21 17:55 | Report Abuse

RM8.5 x 4 =RM34m ---> PE of 16.3x but surely the quarters to come should continue growing on the back of its tower portfolio and what not.

Posted by Fooksing Wong > 2019-11-21 18:16 | Report Abuse

lich , i dunno see report. my friend tell me d. so so - not bad

mi QR out too ... i also dunno report good or not ... lol

Posted by ttt > 2019-11-21 18:17 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6345957

Posted by Lich > 2019-11-21 18:19 | Report Abuse

already out bro the report

Posted by laychee > 2019-11-21 18:31 | Report Abuse

First 3 quarters are better than similar quarters last year.

Posted by frank74 > 2019-11-21 18:35 | Report Abuse

I think on a whole it’s not bad. My concern is, why is the regional revenue almost stagnant when depreciation has almost doubled? Wouldn’t the latter mean that more towers are in play? The profits are holding up, thankfully, because of the Malaysian business, which has picked up again. The tower business needs to contribute more going forward. Not sure if I’m seeing it right

Posted by ttt > 2019-11-21 18:48 | Report Abuse

not sure why but they ended with RM570k of cash only at the end of Q3. Scary cash management

Posted by kahsoon888 > 2019-11-21 20:06 | Report Abuse

Bad result....

Posted by Lee1045 > 2019-11-21 20:16 | Report Abuse

Bad results? Please explain how bad?

Posted by Fooksing Wong > 2019-11-21 20:41 | Report Abuse

Not so bad. So so only. Let him drop abit only.will buy back

Posted by sonyx > 2019-11-21 20:50 | Report Abuse

Good results la. See carefully. yoy and qoq better

Posted by sosfinance > 2019-11-21 21:22 | Report Abuse

1) Based on Bursa website detailed results, YoY is 21.5% and QoQ is 9.02% (not as shown above, opposite). This is better than analysts estimates.

2) Tower construction order is good, about RM130m.

3) EBITDA is better than analyst's expectation

4) Cash balance is low after net of pledge, as they have bulky trade debtors. Anyway, the latest PP has raised RM52m. And subsidiary is expected to have PP as well to third party.

Posted by lee_m2020 > 2019-11-21 22:11 | Report Abuse

dont worry guys.. among top 20 best counters, i put OCK the top 3 most stable counters. no headache... u can put ur money here..

Posted by share2014 > 2019-11-21 22:51 | Report Abuse

Tomorrow back to 0.60

Posted by temerloh > 2019-11-21 23:25 | Report Abuse

No worries la.result ok bah.

Posted by frank74 > 2019-11-22 09:55 | Report Abuse

Judging by how the Malaysian business has been contributing this year. Q4 is going to be very good. FY growth over last year will be respectable. That's my guess.

Posted by sosfinance > 2019-11-24 11:26 | Report Abuse

Spin off of towerco assets as mentioned by analysts soon? This will add about 20-25 sen to OCK Group, although research house 13-35sen. If this is the case, 20 sen is equivalent RM174m, good for further expansion.

Posted by share2014 > 2019-11-24 15:22 | Report Abuse

Wow

Posted by Armageddon > 2019-11-27 16:03 | Report Abuse

Coming?

Posted by Armageddon > 2019-11-28 15:06 | Report Abuse

Save Print Back

0172 OCK OCK GROUP BERHAD
MEMORANDUM OF UNDERSTANDING
MEMORANDUM OF UNDERSTANDING
OCK GROUP BERHAD (OCK OR THE COMPANY)Memorandum of understanding (MOU) with
China Information Technology Designing & Consulting Institute Co. Ltd.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

28/11/2019 12:41 PM


Ref Code: 201911283000087

Posted by sohaitrader > 2019-11-28 15:06 | Report Abuse

MEMORANDUM OF UNDERSTANDING OCK GROUP BERHAD (OCK OR THE COMPANY) Memorandum of understanding (MOU) with China Information Technology Designing & Consulting Institute Co. Ltd.
OCK GROUP BERHAD

Type Announcement
Subject MEMORANDUM OF UNDERSTANDING
Description OCK GROUP BERHAD (OCK OR THE COMPANY)
Memorandum of understanding (MOU) with China Information Technology Designing & Consulting Institute Co. Ltd.
The Board of Directors of OCK is pleased to announce that the Company has entered into a Memorandum of Understanding on 28 November 2019 with China Information Technology Designing & Consulting Institute Co. Ltd., a subsidiary of China United Network Communications Group Co. Ltd or more commonly known as China Unicom.



A copy of the press release setting out the information on the MOU is annexed herewith for your easy reference.



A detailed announcement in respect of the MOU in compliance with Listing Requirements will be released separately today.



This announcement is dated 28 November 2019.

Posted by sosfinance > 2019-11-28 15:19 | Report Abuse

One of Unicom's subsidiary is listed in HK with market cap of USD210 billion (HKD6.68), and a month ago the company is above RM1.0 trillion (HKD8.50). Good news.