@sos you mentioned "1) Myanmar total cost of investment is about RM315m. The EBITDA for Myanmar is RM51m, giving a EBITDA yield of 16% (and will continue to improve as the tenancy ratio improves).

2) Vietnam EBITDA yield is about 18.6%, invested RM210m. As shown before, based on valuation using EBITDA multiple (for towerco), plus other biz, OCK is worth about 90 sen. upside is good."

Why is OCK EBITDA margin so low for towerco? AMT is ~60%, China tower is around there also...Why? What is OCK current tenancy ratio? How much can EBITDA yield improve to?

@SOS The way you explain sounds like the rights issue is a MUST buy!!!
Why continue to invest? The share price didn’t go up in the last 2 years - even before Covid. When will OCK hit TP73 sen?

yes please share the report, i want to know how RHB can raise TP even after 10% dilution with the rights issue, just by rolling forward the base year??? isnt mobile sites and fiber deployments already included in the valuation? I want to see if i should continue to invest? will this be a bottomless pit?

@ abang_misai NOT "Look like ock-wa Will be totally burnt" ... Confirmed warrants ALL burnt!

my biggest question - why is OCK asking for RM24m now? This is only 8 months after the private placement of RM52m in Nov 2019!!!!! There is no expansion plan... the money is used for working capital and to pare down debts??? Why??? Interest rate is so cheap now.

so is this good or bad investment? what kind of company is this???? how come no details one?????? why buy solar? should they not be busy with 5g?

@Sosfinance how can you quote American Tower PE as reference to OCK? American Tower EPS (earnings per share) growth for the last 5 years was +15.9% vs. OCK -8.7% (negative EPS). Not to mentioned the size of towers >170k towers & OCK has less than 4k (now). You are comparing a whale with ikan bilis....

Also, OCK Group Bhd only has a market cap of RM466m how can OCK (as a shareholders) invested more than RM300m ????? Is your facts right kah?

Please NOT mislead people and make them lose hard earn money....

Q1 results out....What happened to OCK? Numbers of towers, loans, interest all keep increasing.... but the quarterly announcement said Revenue was higher "mainly due to higher revenue contribution from Trading"???
Investment all went to building the "regional independent Tower Company", but the company prospect was the same for Q4 2018 and Q1 2019.
Can the management do something to improve the share price? STOP SLEEPING!

See the AR... i think gone case already
PATAMI was lower than 2017... even after RM1m of revaluation gain on properties???????

OCK is trading at 21x PE even after the price has collapse more than 60% from its peak. The PATAMI growth was NEGATIVE in 2018...worse still, even the Sales/Turnover growth was NEGATIVE in 2018... i don't understand why people are still so positive with this counter?
Market opportunity does not equal to Company's growth; otherwise all dotCom start-ups will be Amazon and Google.

shareobserver point out very good points....with so much money invested - cash call and loans.... every quarter also I read analyst reports saying towers growing and co-location higher, tower business growing... bla bla bla.... where is the profit?

What is happening to the mother why so low?

Management already guided that this year profit will not be so good as they are investing for futures.... TunePro is one of the most advance Insurance company - going into AI and IoT. Should look at long term for this stock.

What happened to OCK? Market drop the share drop, market up the share still drop????

Why all the institutional shareholders selling?

I think the biggest question is why the director keep off loading warrants and mother shares for the last 6 months. Heavy selling was done ~1 month before the last quarterly announcement. Seems like the same thing is happening now again.
If the Director is confident of the stocks.... he should be buying at such low price instead of disposing!

https://www.thestar.com.my/business/business-news/2018/10/16/the-worst-not-yet-over-for-tm/

Analyst too bearish.

i think PH is trying to kill all businesses.... better run!!!!!!

EBITDA is only the financial measures, a lot of sifu told me to buy base on management team... i don't understand... Sam is still the same CEO... why the business and share price is so bad?

Aiyooo.... another new low for OCK. What is happening to this counter?

All the sifus, please comment. Should sell or hold?

I think the point is whether the asset is sold at a good price or not. If the sale price balanced off with the future cashflow of the asset vs the rising cost of fund and increasing US dollar. Thee the sale might be better for the company.

Fantastic results... hopefully share price will move next week

Wow this HLG Analayst Chye Wen Fei can be trusted or not? How can TP revised from RM1.24 to RM0.55. The DCF is affected by one quarter of bad result?