Added some towers at 30.5 when volume is super low. OCK is the beneficiary of telco's capex to improve telco's infra (due to technology upgrade) and divestment of towers.
zlyc bro, i am assuming u are referring to you pergi pinjam duit and not OCK pinjam duit lagi kan? :-) .. @zoomboom, ya gua pergi pinjam... tapi trap now ... lucky itu heng yuan rescue me....haha bear market i also bear enter ock forum.. tapi steady la... i can wait.
Similar to Gadang, Ekovest and some other "good shares", warrants are down due to weak market sentiment (June to Dec 2017) and "unpopularity", not because of deterioration of fundamentals, on contrary their fundamentals have improved.
At 25 sen, OCK Warrants is trading at only 6% premium and expiry is 3 years to come, while we know that they are:
1) going to build more towers for Telenor + Mytel (total 600 towers) 2) gradually improving tenancy ratio for Myanmar and Vietnam 3) intention to expand via M&As or organic growth from about 2.8k (600 secured) towers to 5k towers.
OCK News Alert: Bursa M'sia - OTHERS ACQUISITION BY OCK TOWER INFRA SDN BHD , A WHOLLY OWNED SUBSIDIARY COMPANY OF OCK SEA TOWERS PTE.LTD, OF 300,000 ORDINARY SHARES IN OCK TELCO INFRA SDN BHD, REPRESENTING THE REMAINING 30% EQUITY INTEREST IN OCK TELCO INFRA SDN BHD FOR A PURCHASE CONSIDERATION OF RM300,000.00 TO BE SATISFIED ENTIRELY VIA CASH ("ACQUISITION")
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3201 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
speculative
323 posts
Posted by speculative > 2017-08-01 20:27 | Report Abuse
I just read this.. TP for ock wa 0.46 if mother reach banker TP at 1.05.. so what are you waiting for.. join the ride.. yeeehaa
https://klse.i3investor.com/m/blog/humblepie188/122552.jsp