Posted by Pusher_Punisher > 2017-03-31 12:26 | Report Abuse

im no sifu lor.. i small2 fish only.. just dumb dumb hold.. FA very strong.. TA just an entry price maa

Posted by paperplane2016 > 2017-03-31 12:45 | Report Abuse

This ock wa meaning boleh.

Posted by strategisst > 2017-03-31 15:11 |

Post removed.Why?

Posted by littlebull > 2017-04-04 09:01 | Report Abuse

Today should hv good show. Dun miss the train.

Posted by Kkevin2625 > 2017-04-05 21:35 | Report Abuse

avg price from 0.195 become 0.25 already...

Posted by Kwok88 > 2017-04-06 11:37 | Report Abuse

hold tight~~ it will fly soon~~~~ cheer those long term investor in ock~~

Posted by zqhuang > 2017-04-06 11:45 | Report Abuse

Mr.Koon is a respected philantropist and excellent stock picker while there are some so called sifu
who would just write rubbish and hope that the herd will follow and he made a quick kill! I remembered a sifu who even composed a song on Bjcorp writing so gloriously on the company as the "Berkshire Hattaway" of Malaysia... What happened, Bjcorp? Never performed at all, if we followed this so called "sifu' we all "lat fu"!!!.

Posted by zqhuang > 2017-04-06 11:57 | Report Abuse

Sorry wrong posting, please ignore.

Posted by zoomboom > 2017-04-06 13:39 | Report Abuse

patience..... i await my musang king.
http://www.star2.com/food/food-news/2017/04/06/in-hong-kong-malaysian-durian-price-rm300/

Posted by littlebull > 2017-04-11 10:39 | Report Abuse

haha.....2nd wave coming

Posted by Kkevin2625 > 2017-04-13 12:02 | Report Abuse

Market so down now, wanna add but scare scare also

Posted by sosfinance > 2017-04-13 13:23 | Report Abuse

Added some popcorn & OCK WA at 30.5sen.

Posted by Kkevin2625 > 2017-04-13 13:30 | Report Abuse

I'm 0.305 too, but popcorn didn't,we share share?:D

Posted by heng0202 > 2017-04-13 21:36 | Report Abuse

i watit my durian king

Posted by littlebull > 2017-04-13 23:40 | Report Abuse

My 2nd wave gone with the wind........24.5 waiting......musang king

Posted by zoomboom > 2017-04-14 10:31 | Report Abuse

semut sudah goyang. fear dominates. geopolitical volatility...

Musang King have to wait. now eat durian kampong first.

focused.

Posted by sosfinance > 2017-04-14 14:53 | Report Abuse

More popcorn added. More warrants added. Is a combo.
Some say price is what you pay, value is what you get.

Last year, Jan 2016, I pay 70 sen - RM610m
Today, 14 April 2017, I pay 85 sen - RM740m

Additional price paid is about RM130m

But I was told, 2017, they have 600 towers (Myanmar) and 1938 towers (Vietnam)
These towers can generate about RM92m for 2017.
Market is paying 10x-12.5x (EBITDA multiple).
Assume EBITDA of 50%, so, 2017 additional EBITDA is RM46m x 10x = RM460m (12.5x = 570m).

PRICE = VALUE

ADDITIONAL PRICE PAID = ADDITIONAL VALUE GET

RM130m vs RM460m?

Not sure is rationale or not.

Posted by Zai Zai > 2017-04-14 17:08 | Report Abuse

Vietnam 1938 towers is history,latest is 1983 towers

Posted by chl1989 > 2017-04-17 12:50 | Report Abuse

still cheap. much more room to go. 0.6 tp.

Posted by sosfinance > 2017-04-17 17:54 | Report Abuse

On the tower ownership and leaseback biz, as zai zai explained earlier, Axiata sold part of their tower ownership/leasing biz for about RM380,000 per tower in Jan 2017.

OCK has about 2,900 towers revenue generating assets, this biz itself is value at roughly RM1.1 billion. A 20% discount for "smaller size" tower ownership/leasing biz will value it at about RM900 million. With existing biz of maintenance & solar, worth about RM400-500 million, total value of company is about RM1.3 billion or RM1.50 per share (no longer has execution risks).

With more expansion in the pipeline 200-400 new towers per annum (or more), value will improve. It may be a bargain for warrants at around 30sen as well as the mother share at 87.5 sen.

A tower ownership/lease biz is like a toll road concessionaire (20-30 years). The only difference is it takes shorter time to build (one year can build 1000-2000 towers, depending on conditions), and can immediately collect revenue once hand over to the telco operator, let say I can complete 100 in two months, I can hand over and start collecting lease rental income. Another upside is that, after the two months lapse after delivery, I can get new tenants, up to 3 tenants per tower, and improve my revenue almost immediately.

Hence, it is a "good biz model", (with one condition, with good tenancy growth, from 1.0x to 2.0x over time).

Hope that more will understand this biz model, and participate in this biz and gain together from its sustainable growth. Good luck.

Company will be compel to do a bonus issue of at least 1.8 for 1 share held under the new companies act.

Posted by makemoney1 > 2017-04-17 19:30 | Report Abuse

My cost price rm0.23. Today I sai lang all my available resources.....looking forward to rm0.65 within a year..

Posted by sosfinance > 2017-04-17 20:29 | Report Abuse

Averaging up is a good idea if the "engine of growth" is crystallising every new day and the execution risk is substantially reduced every day.

It's value can only goes up from now, the question is, how much of the value is running faster than the price. If the rate of value grows faster than the price, it means, you are taking less risk with higher reward, hence, technically speaking, your entry price is "CHEAPER" based on risk and reward perspective.

One year ago, even thought the price is lower at say 23sen, the risk is much greater, as the "engine of growth" is yet to be built. The execution risk is higher.

(example, Mudajaya secured MRT1 contract few years ago, share price may have gone up, but, until today, the CEO actually said there are cost overrun, hence this project is a lost making contract. Similarly, when they entered the IPP project in India, the initial cost is about RM5 billion, but end up RM8 billion plus (although PPA improved), and delayed for commissioning for more than 3-4 years, incurring additional interest costs, and return may not be good at all. On hindsight, it is common a "discount" is given for any new biz because, there is always execution risk, it is a judgement issue).

Posted by sosfinance > 2017-04-18 07:29 | Report Abuse

OCK-W premium - 11%, Gadang W - 30%, EcoWD W - 70%, EWIT W - 50%, Some are single digit. Although the "estimated value" can be calculated, the warrant price is determined by the "market" or the operator.

Posted by strategisst > 2017-04-26 10:01 |

Post removed.Why?

Posted by strategisst > 2017-04-26 17:25 |

Post removed.Why?

Posted by strategisst > 2017-04-28 12:19 | Report Abuse

Resilient...

Posted by chl1989 > 2017-05-02 12:39 | Report Abuse

buy again. q results will be superb :)

Posted by zoomboom > 2017-05-05 18:09 | Report Abuse

sure ah bro chl1989 ?... u ada maklumat dalaman ke?..

Posted by strategisst > 2017-05-08 18:12 |

Post removed.Why?

Posted by zoomboom > 2017-05-11 12:10 | Report Abuse

strategisst, better drink some leong char. based on my past experience too much jerit-ing will cause sore throat lol..

ohh yeahhh !

steady.

Posted by strategisst > 2017-05-11 20:34 | Report Abuse

Hikhikhik...be happy

Posted by strategisst > 2017-05-12 11:36 |

Post removed.Why?

Posted by funda > 2017-05-12 12:24 | Report Abuse

slowly and steady :D

Posted by wannabeinvestor > 2017-05-12 16:53 | Report Abuse

new high again!

Posted by strategisst > 2017-05-12 17:13 |

Post removed.Why?

Posted by Hua Joshuaayoung > 2017-05-12 22:45 | Report Abuse

another 0.04 ... 100% gain hehe

Posted by chl1989 > 2017-05-13 08:11 | Report Abuse

bro, wait for 60c. long way to go :)

Posted by makemoney1 > 2017-05-13 17:33 | Report Abuse

Im waiting for 0.65 this month wo....can reach r?? So eager to wait the time come..

Posted by strategisst > 2017-05-15 09:30 |

Post removed.Why?

Posted by zoomboom > 2017-05-15 11:30 | Report Abuse

ohh yeahh ! lol.... rekod tertinggi baru... 38sen bestnya...

Posted by strategisst > 2017-05-15 12:33 |

Post removed.Why?

Posted by strategisst > 2017-05-15 18:23 |

Post removed.Why?

Posted by zoomboom > 2017-05-15 19:30 | Report Abuse

strategisst, ohh yeahhh !! LOL

Posted by strategisst > 2017-05-15 21:07 |

Post removed.Why?

Posted by chl1989 > 2017-05-15 22:05 | Report Abuse

q results double, share price can double? :)

Posted by strategisst > 2017-05-16 09:41 |

Post removed.Why?

Posted by strategisst > 2017-05-16 11:37 | Report Abuse

Oooooooooooo...

Posted by strategisst > 2017-05-16 12:41 |

Post removed.Why?

Posted by strategisst > 2017-05-16 17:21 | Report Abuse

Steady closing...

Posted by strategisst > 2017-05-16 20:59 | Report Abuse

Let's see how it progresses tomorrow...