Posted by DreamKaiser > 2020-08-22 13:44 | Report Abuse

no idea

Posted by DreamKaiser > 2020-08-22 13:45 | Report Abuse

no clue

Posted by sosfinance > 2020-08-22 16:07 | Report Abuse

Sometime it may not be a bad idea to switch (some of the value stocks that is not moving) and come back later when volume picks up. Hopefully switch to a good "trend stock" like healthcare related sectors.

Posted by Vanaga > 2020-08-23 17:01 | Report Abuse

to buy signal sel 0.60

Posted by Stonecold > 2020-08-24 09:18 | Report Abuse

still hibernating.. soon will spike with their good quarter

Posted by OckBoy > 2020-08-24 17:57 | Report Abuse

dont listen la. lol

Posted by holyspirit > 2020-08-25 03:31 | Report Abuse

@SOS: You must have seem the OCK latest announcement. Kindly elaborate and what do you think?

Posted by sosfinance > 2020-08-25 15:43 | Report Abuse

@holyspirit: Similar to the first one (earlier I estimated RM20m, now they try to get RM24m). Technically not material. They have about net loan of about RM500m, using the fund to repay overdraft RM10m @ 7%, savings is RM700,000. Towers and Solar PV owners biz require huge capital, I think they have RM700m worth of these sustainable assets (10-20 years concession) and net loan of RM500m is not high compared with other tower listed company (2-3x of shareholders funds).

The reason profit is lower than the operating cash flow is the depreciation of about RM35m. This is normal for capital intensive business. In fact for new toll roads, initial years they may make losses.

Posted by holyspirit > 2020-08-25 15:52 | Report Abuse

noted with thanks

Posted by OckBoy > 2020-08-25 20:24 | Report Abuse

cannot one this one. no steady

Posted by sakurako > 2020-08-25 22:46 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/08/24/rhb-keeps-ock-as-top-sector-pick-expects-weaker-2q-earnings

Posted by sakurako > 2020-08-25 22:48 | Report Abuse

https://simplywall.st/stocks/my/telecom/klse-ock/ock-group-berhad-shares/news/would-shareholders-who-purchased-ock-group-berhadsklseock-stock-three-years-be-happy-with-the-share-price-today/

Posted by sakurako > 2020-08-25 22:49 | Report Abuse

i will hold 1st

Posted by spidyxero > 2020-08-27 11:47 | Report Abuse

no 5G update from government.this counter sleeping under the bridge

Posted by abang_misai > 2020-08-27 11:53 | Report Abuse

This is just an infra guy with razor-thinned margin and borrow a lot to rent it cheap. This is a slow grower which means only worth buying when PE dips below 8

Posted by robertwts > 2020-08-27 12:21 | Report Abuse

ock bleeding again..who can go sapu 0.47 haha

Posted by spidyxero > 2020-08-27 17:00 | Report Abuse

wah suddenly move.any news?

Posted by robertwts > 2020-08-27 17:02 | Report Abuse

Who buy so much

Posted by sosfinance > 2020-08-27 17:09 | Report Abuse

Profit after tax is about RM28m for FY2019. EBITDA (normally use to measure telco and telco related sector) is about RM140m p.a. (RM35m for Q1). EV/EBITDA for OCK is good, about 7x. There is room to rerate to 10-12x. Q2 may be flat or even lower due to MCO, but consensus profit is about RM31-33m (11-18%) for FYE21.

Posted by Stonecold > 2020-08-27 18:46 | Report Abuse

wow.nicely maintain profit every quarter

Posted by sosfinance > 2020-08-27 19:17 | Report Abuse

I have just glanced the 2Q results. Despite MCO negative impact to most sectors, OCK manages to maintain 1H PAT similar to last year, it is deemed good.

OCK 2H PAT always better than 1H, with about RM67m projects from NFCP, hopefully will complete part of it and profit can be recognised. OCK continue to expand, as can be seen from the additional capex in the cash flow statement. Liabilities dropped about RM40m, which is good. OCK will continue to benefit from NFCP and 5G.

Posted by robertwts > 2020-08-27 19:33 | Report Abuse

5G 2021?

Posted by abang_misai > 2020-08-27 20:30 | Report Abuse

Even without MCO, very likely ock’s result will be the same.

As such, we shouldn’t say “what if there was no MCO for last quarter”.

Posted by poorman123 > 2020-08-27 20:53 | Report Abuse

OCK is in telco field, and telco is listed as fundamental service so even during MCO, they can still operating with permit.

5G requires more base station as 5G uses high frequency spectrum and lower coverage. Therefore infrastructure company will surely benefited from 5G as long as they not signing a stupid contract

Posted by robertwts > 2020-08-27 21:56 | Report Abuse

The problem is when is 5G coming? 2021?2022?

Posted by poorman123 > 2020-08-27 21:57 | Report Abuse

When is 5g coming? If no base station being built, 5g will never come

Posted by Chankb1977 > 2020-08-27 23:19 | Report Abuse

OCK is proud to announce that the Group has developed a smart pole proven to be able to
support the large scale rollout of the 5G network. To date, the Group has 2 demo
telecommunication sites erected in Langkawi as part of Malaysia’s 5G trials and participated
in the deployment of four 5G telecommunication sites in Sarawak. As a turnkey
telecommunication network solutions provider, OCK is ready in terms of technical know-how
and equipment solutions to support this next wave of technological expansion.

Posted by robertwts > 2020-08-27 23:25 | Report Abuse

Satisfied this quarter report mah? Everyone

Posted by spidyxero > 2020-08-28 09:12 | Report Abuse

will be back above 60cents

Posted by failfish > 2020-08-28 10:04 | Report Abuse

abang misai ock-wa ada huat?

Posted by holyspirit > 2020-08-28 10:09 | Report Abuse

@ SOS: rotational play .....this round ...OCK turn

Posted by mrmeow > 2020-08-28 10:10 | Report Abuse

Still got right issue? OCK

Posted by spidyxero > 2020-08-28 10:10 | Report Abuse

abang misai so cruel que at 0.005..if 0.010 sure match one, today sell 0.015 huat huat

Posted by Pokem0n > 2020-08-28 10:35 | Report Abuse

Im still waiting. My avg price 0.55.

Posted by holyspirit > 2020-08-28 11:22 | Report Abuse

OCK looks good with positive volumn....at this price level, room to go up higher....since the company is doing fine ...others shit company also fried sky rocket high but company doing shit...so this time punters will fried ock

Posted by robertwts > 2020-08-28 13:25 | Report Abuse

Ai ya.. I sold all at 0.53.. 0.48 I will be back .. bye

Posted by abang_misai > 2020-08-28 15:47 | Report Abuse

haha. Que at 0.005 that day but didn't manage to get any.


spidyxero abang misai so cruel que at 0.005..if 0.010 sure match one, today sell 0.015 huat huat

Posted by sosfinance > 2020-08-28 18:03 | Report Abuse

I remember reading a research house report that OCK growth from FY20-22 is about 15% p.a. - 20%, that is not too bad. That time, they have not take into consideration of NFCP and 5G or Solar PV. So, any new participation whether 2020, 2021 or 2022 will help improved its earnings.

OCK is capital intensive (towers and solar) with reasonable payback period of 6-7 years. Due to its continuous expansion (each year capex is RM120-150m for last 5 years), depreciation eats into its profits, but operating cash flow is quite good. Invested about RM700m over last few years, cash flow payback (operating) is about RM100m - 140m, is not too bad. Unfortunately, they are "perceived" as high gearing. Compared with other listed towers companies, their gearing is very low, less than 1x. For me, their debt is good debt as it is assigned with sustainable long term lease rental income. In fact, many listed companies do not have such a strong sustainable income.

Posted by MissTan > 2020-08-30 08:00 | Report Abuse

PM announces JENDELA to boost broadband access, 3G shutdown by end 2021
https://www.soyacincau.com/2020/08/29/muhyiddin-jendela-improve-malaysia-broadband-access-3g-end-2021/

Posted by MissTan > 2020-08-30 08:01 | Report Abuse

Sos how this JENDELA can benefit to OCK. Any view?

Posted by sosfinance > 2020-08-30 10:17 | Report Abuse

@MissTan, based on the brief article by soyacincau.com, my only deduction is JENDELA = NFCP0.5.

As long as there is capex and opex (upgrading) from telcos (whether NFCP1 or NFCP2 or NFCP0.5), OCK will benefit. (as I mentioned earlier, NFCP & 5G is a "bonus" to OCK growth from towercos & solar pv).

Posted by MissTan > 2020-08-30 10:34 | Report Abuse

Tqvm Sos.

Posted by awieze > 2020-09-01 07:53 | Report Abuse

ock close more than 60 cents today

Posted by awieze > 2020-09-01 07:54 | Report Abuse

qr result profit almost 7 million

Posted by sosfinance > 2020-09-01 10:01 | Report Abuse

lets hope they can keep up the volume. today (1st Sep) looks not bad, 1.5 million for 1st hour of trading. More importantly, they can grow their towers + tenancy ratio, especially for Myanmar, where margin is better.

Posted by Stonecold > 2020-09-01 11:39 | Report Abuse

ock profit is consistent.for me, can keep for long this counter. please aware their warrant is expired this december.

Posted by sosfinance > 2020-09-01 18:02 | Report Abuse

warrant is a bit tricky (to make money for trading), if they have good catalysts between now and december, based on recent stocks performances, anything is possible. (Solutn Engrg up from 4.5 sen to 84.5 sen, and its warrants up from 1.5 sen to 49 sen, by just a MOU on "fill & finish" and many more vaccine stories, I believe this stock should be voted best performing stock in Bursa, 1800% and its warrant is 3300%). Maybe more JENDELA story??? Or they may benefit from switching of themes.

Posted by ttt > 2020-09-02 10:50 | Report Abuse

i'm surprised none of the banks came up with any write-ups on JENDELA

Posted by ttt > 2020-09-02 15:49 | Report Abuse

there is some syndicate trying to suppress the stock. No reason for ppl to be selling at this price. I wonder if they are doing it to prepare for a big jump , or they are doing this on purpose so that the warrants expires. If the latter, expect the stock price to be around this level till year end.

Posted by sakurako > 2020-09-07 21:39 | Report Abuse

grab some...