OCK GROUP BERHAD

KLSE (MYR): OCK (0172)

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Last Price

0.49

Today's Change

-0.01 (2.00%)

Day's Change

0.485 - 0.50

Trading Volume

699,200


19 people like this.

10,840 comment(s). Last comment by warchest 1 week ago

char1234

5,299 posts

Posted by char1234 > 2021-02-24 21:18 | Report Abuse

Myanmar in deep trouble....ock Wealth is impacted for now

warchest

1,803 posts

Posted by warchest > 2021-02-25 07:27 | Report Abuse

Axiata isn’t the only firm that’s affected by the political upheaval in Myanmar. Amata Corp, one of Thailand’s biggest industrial land developers, had said the change in government would impact its investment in the country, while Japanese brewer Kirin Holdings Co ended its joint-venture partnership with the nation’s largest brewer Myanma Economic Holdings Public Co, which has ties to the military.

Myanmar as OCK's biggest contributor would be impacted with delays to complete its remaining towers as well as the collection of receivables by the coup

strattegist

23,459 posts

Posted by strattegist > 2021-02-25 09:32 | Report Abuse

weak

frankml

135 posts

Posted by frankml > 2021-02-25 10:19 | Report Abuse

Wah...super discounted! Time to accumulate.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-02-25 10:55 |

Post removed.Why?

bjgdila123

3,470 posts

Posted by bjgdila123 > 2021-02-25 12:15 | Report Abuse

time 2 sapu now

RRWin89

503 posts

Posted by RRWin89 > 2021-02-25 13:12 | Report Abuse

myanmar install 1000 poles.
vietnam install 2500 poles.

nah, ill still hold for now. haha

RRWin89

503 posts

Posted by RRWin89 > 2021-02-25 13:13 | Report Abuse

unless vietnam also got riot, different story

DawscpJ

280 posts

Posted by DawscpJ > 2021-02-25 15:25 | Report Abuse

will all in @0.45 haha

strattegist

23,459 posts

Posted by strattegist > 2021-02-25 17:46 | Report Abuse

closed red

RRWin89

503 posts

Posted by RRWin89 > 2021-02-25 17:47 | Report Abuse

nice qr. company not in any cash problem despite COVID and Myanmar coup. time to consolidate and go up together with JENDELA initiative. go go go.

RRWin89

503 posts

Posted by RRWin89 > 2021-02-25 17:49 | Report Abuse

regional revenue increasing despite RM strengthening. good sign they retain customer.

RRWin89

503 posts

Posted by RRWin89 > 2021-02-25 17:49 | Report Abuse

no wonder pre-close green all the way. hehe

Boneka

284 posts

Posted by Boneka > 2021-02-25 18:32 | Report Abuse

Commendable quarterly result as seen from its consistent net profit of RM6.1m!

cbkia4896

932 posts

Posted by cbkia4896 > 2021-02-25 18:58 | Report Abuse

Not bad

MFJR

7 posts

Posted by MFJR > 2021-02-25 20:12 | Report Abuse

will rebound soon

kl_guy

1,515 posts

Posted by kl_guy > 2021-02-25 21:21 | Report Abuse

it is good ock move up slow and steady.

cbkia4896

932 posts

Posted by cbkia4896 > 2021-02-25 23:28 | Report Abuse

close eyes come back after a few years la, u should be close to .70 ish or rm1 by then, dont matter i can wait, i dont like chiaus mestron so i wait here

Spectre888

185 posts

Posted by Spectre888 > 2021-02-26 09:58 | Report Abuse

PROSPECTS: -
1) The year has been full of challenges, however OCK has been standing strong with steady reccuring income contributions to the Group. The COVID-19 pandemic has in ways accelerated the adoption of new technologies. With this view, OCK is optimistic about the telecommunication industry’s outlook where new technologies will require increased telecommunication infrastructure and speed such as 5G. As Malaysia continues to strive in the transition to 5G, infrastructures have to be prepared. The government has announced plans such as the national digital infrastructure plan or more commonly referred to by its abbreviation in Malay, JENDELA; with an expected RM21 billion budget to lay the foundation for the transition to 5G, as well as investing a total of RM15 billion over 10 years for 5G implementation nationwide. In this view, as Malaysia’s largest telecommunication network services provider by revenue, OCK is optimistic of the telecommunication sector as a whole. With the new and recent launch by the government, it is expected that a Total of RM15 billion will be invested over the next 10 years for 5G implementation nationwide. This is followed by the announcement of the launch of a Malaysia Special Purpose Vehicle (“GOMSPV”) that will be the entity to oversee the deployment of 5G infrastructure and network roll out nationwide. OCK will stand to benefit by these government 5G initiatives directly or indirectly as a key player in the deployment of 5G in Malaysia. 5G 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 demo telecommunication sites erected in Langkawi and Sarawak as part of Malaysia’s 5G trials. 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. With the advancement of 5G in the future, OCK is in a prime position to secure more projects. With the implementation of 5G, the demand for telecommunication sites will increase by 3-4 times as compared to the number of 4G sites. The functionality for 5G is vast which includes smart solutions to various industries such as smart city, smart agriculture, smart traffic solutions and many more. The Group has positioned itself to capture future opportunities arising from this advancement through the partnership with China United Network Communications Group Co Ltd as they have proven track record in implementing smart city platforms and applications in a few cities in China which can be tailored to meet the Malaysian market’s needs;

2) TOWERCO OCK is poised to adopt a two-prong strategy to grow its telecommunication tower business whereby the number of telecommunication towers under its portfolio will be increased as well as to further expand its existing regionally. To date OCK has a telecommunication tower portfolio of more than 4,200 towers across Myanmar, Vietnam and Malaysia. Its towerco recurring revenue stream provides a commendable contribution to the Group. With that said, the Group’s recurring income from this segment will continue to grow as OCK continues to increase its tower portfolio across the region. In Vietnam, OCK is the largest independent telecommunication towerco with over 2,700 telecommunication sites. The Group has a pipeline of targeted telecommunication sites to be acquired in 2020 as part of its brownfield expansion plans in Vietnam. In Myanmar, OCK provides telecommunication infrastructure and resource supply services to its clients with a track record of completing and owning more than 1,000 telecommunication sites. The Group is aggressively building and acquiring more sites in this greenfield telecommunication market. In Malaysia, OCK owns close to 500 telecommunication sites to date.OCK will still continue its growth plan at a slower pace and will also continue to add additional towers into its local portfolio;

3) GREEN ENERGY SOLUTIONS In line with the Government’s initiatives for the green renewable energy sector, the Group is enhancing its solar renewable energy segment via acquisition of solar farms to fortify its secondary recurring income stream. OCK is actively participating in the Government’s initiatives on large scale solar projects. As a turnkey solutions provider in the solar business, OCK is well equipped with engineering, procurement and construction capabilities to build as well as own solar farms. One of OCK’s aspirations is to reduce the carbon footprint as it continues to expand its businesses. The solar renewable energy segment provides OCK with the platform to do so, as well as build a secondary recurring income base via our solar farms through greenfield and brownfield opportunities. To date, OCK owns 17 solar farm with a total capacity of 11.3MW.

strattegist

23,459 posts

Posted by strattegist > 2021-02-26 10:40 | Report Abuse

weak

DawscpJ

280 posts

Posted by DawscpJ > 2021-02-26 10:43 | Report Abuse

result ok!

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-02-26 10:44 | Report Abuse

Will go back to 0.40...!

holyspirit

217 posts

Posted by holyspirit > 2021-02-26 12:31 | Report Abuse

Spectre888: Appreciate the detailed analysis.... always love to read some good solid data and figure. Thanks.
And like prudent investor say, "patient" is the key....for OCK.

DawscpJ

280 posts

Posted by DawscpJ > 2021-02-26 12:44 | Report Abuse

masuk sikit..

RRWin89

503 posts

Posted by RRWin89 > 2021-02-26 12:48 | Report Abuse

nowadays market cycle really test ur patient. 3 days red, 1 day green. haha

strattegist

23,459 posts

Posted by strattegist > 2021-02-26 17:21 | Report Abuse

closed red

cbkia4896

932 posts

Posted by cbkia4896 > 2021-02-26 23:17 | Report Abuse

walao i buy low low u fly high high but fly one day only i veli sad leh

RRWin89

503 posts

Posted by RRWin89 > 2021-03-01 08:37 | Report Abuse

no. johor one should be solar. kpower/slrvest/cypark.

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-03-01 08:51 |

Post removed.Why?

strattegist

23,459 posts

Posted by strattegist > 2021-03-01 09:37 | Report Abuse

green

RRWin89

503 posts

Posted by RRWin89 > 2021-03-01 09:51 | Report Abuse

5G cannot wait, or we will lose to Vietnam, again. hehe

strattegist

23,459 posts

Posted by strattegist > 2021-03-01 11:20 | Report Abuse

sustain green

apple1999

190 posts

Posted by apple1999 > 2021-03-01 12:37 | Report Abuse

resistance too strong, always push abit then drop back. this is for long term

strattegist

23,459 posts

Posted by strattegist > 2021-03-01 17:32 | Report Abuse

closed green

Boneka

284 posts

Posted by Boneka > 2021-03-01 18:46 | Report Abuse

Very strong closing @ 0.52. Tmrw likely to retest 0.575!
EPF has been collecting...a good sign. Something must be brewing :-)

holyspirit

217 posts

Posted by holyspirit > 2021-03-01 21:04 | Report Abuse

If I didn't read wrongly, If OCK got the 6bil contract, I think long term OCK share will worth more than we expected.

holyspirit

217 posts

Posted by holyspirit > 2021-03-01 21:05 | Report Abuse

Again ,,,,,patient is the key

holyspirit

217 posts

Posted by holyspirit > 2021-03-01 21:08 | Report Abuse

Ofcourse before going up further , there is always come the consolidation for few phases

pang1998

166 posts

Posted by pang1998 > 2021-03-01 22:51 | Report Abuse

once the resistance break, sky is the limit

Zyke42

7 posts

Posted by Zyke42 > 2021-03-02 00:23 | Report Abuse

OCK will be the main benefactor for tower related works, will definitely get nice big chunks of the upcoming projects

cbkia4896

932 posts

Posted by cbkia4896 > 2021-03-02 00:46 | Report Abuse

copterbandito is slightly correct, ock does solar, diversified a bit but not reallly big

Posted by pekanwoohoo > 2021-03-02 09:29 | Report Abuse

Come get it. This counter jerung EPF also buy, no need to scare lah.

cbkia4896

932 posts

Posted by cbkia4896 > 2021-03-02 09:32 | Report Abuse

5g ok. Solar pun ok. Ock veli OK

strattegist

23,459 posts

Posted by strattegist > 2021-03-02 09:35 | Report Abuse

steady

RRWin89

503 posts

Posted by RRWin89 > 2021-03-02 10:01 | Report Abuse

hi all. hopefully all happy2 today. but real 5g show is yet to come, dont cabut first. hehe.

cbkia4896

932 posts

Posted by cbkia4896 > 2021-03-02 10:21 | Report Abuse

Just go see how much they rose during 4g rollout... Hahaha... Now they expanded to rest of SEA. How much can this counter fly.

strattegist

23,459 posts

Posted by strattegist > 2021-03-02 10:25 | Report Abuse

good green

kasrim

2,493 posts

Posted by kasrim > 2021-03-02 15:57 | Report Abuse

apa? 5g ada, solar ada? package la ni..

strattegist

23,459 posts

Posted by strattegist > 2021-03-02 20:26 | Report Abuse

closed red

strattegist

23,459 posts

Posted by strattegist > 2021-03-03 09:41 | Report Abuse

soft

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