below is just scenario study on comfort future business activities:

[a] matang plant
need at least 2-3yrs to 100% complete new plant + machinery and run 100% cap.
current cashflow + future bank loan can support this activities.
mb they can hit 7b cap.

[b] batu gajah propose plant
it might be 5 yrs later and possible double up the cap become 15b.
possible need cash call for this expansion.
cash call can be done with:
= private placement or RI
= have BI on share and warrant this year with warrant expiry date 5 yrs later.

for better understanding on their expansion, can ask famous fortune teller in perak. hehe...
Njoy

with powerful business strategy presented by OCK boss to EPF team, end up EPF prefered directly own more OCK share instead of edotco shown that OCK business plan is at least on par with edotco although OCK is much smaller than edotco.

in my personally opinion, those who sold OCK share in the past 9 mths due to lackluster share px, can rethink to buy back for future growth.

again, there is no answer for any investment we make until we divest it.

riko, TQ. I check gmap and saw the land is huge for the factory at Jln Matang.

simply to say once fully build, it can double up their cap for factory in Jln Matang.

q buy vs q sales vol so big!!

for those who missed happy hour before cny, can buy if px drop to 1.11 and hold for 3 mths assume no big impact from GE.

it is a SOP for this type of big fund to have private meeting with targeted companies' board of directors to have better understanding of the company future before start investing or further increase their stake.

http://www.enanyang.my/news/20180221/%E3%80%90%E7%8B%AC%E5%AE%B6%E3%80%91%E6%88%90%E6%9C%AC%E6%B3%A2%E5%8A%A8-%E4%BB%A4%E5%90%89%E8%B5%B0%E5%BC%BA-%E8%82%A1%E4%BB%B7%E5%A4%AA%E9%AB%98-%E6%89%8B%E5%A5%97%E8%82%A1%E5%A5%97%E5%88%A9/

dulu call 四大天王 (TG, harta, kossan,spmx)
now can call 五路财神?? (TG, harta, kossan, spmx, comfort)

#rkgfantasy, u are right. TQ.

then it will be easier to estimate how much stake epf plan to buy...
my estimated figure is 8-9% in 3 mths time. hopefully jugdement is correct

2016AR, EPF hold 17.666mil share (2.027%). Today, it holds 43.586mil share (5%).
An increase of 25.92mil share. if ave price is 0.88 , total new buy = RM22.8mil.
I think they start buying since Aug'17.

Since EPF is not shareholder for edotco, so I think they put their hope on OCK and also act as another way to diversify their investment into tower business.

新年新希望

makemoney1, ya. they all discussed abt this since q4-2017.
basically china gov is supporting mobile business from upstream till downtream.
so any disadvantages faced by china tower might be compensate by china gov in terms of special tax rate or rebate. so juz wait n c.

Wishing you all GongXiFatChoy

Last call for happy hour.....

Wish you all GongXiFatChoy

dont miss the happy hour time.....

https://mbd.baidu.com/newspage/data/landingshare?pageType=1&isBdboxFrom=1&context=%7B%22nid%22%3A%22news_9961199645376924593%22%2C%22sourceFrom%22%3A%22bjh%22%2C%22ssid%22%3A%22%22%7D

Reading pleasure 1G to 5G

cepat cepat beli before CNY....

https://view.inews.qq.com/a/20180211A0DAS800

This will be big boost to China Tower via China Unicom
I think China Tower defer the listing is bcoz of this restructuring...

https://view.inews.qq.com/a/20180209A0D7IH00

reading presure

https://view.inews.qq.com/a/20180210A06VHK00

# of 4G in China

https://www.mmbiztoday.com/articles/telecom-operators-must-expand-network-coverage-after-4-years

Can try low PE like

Thong Guan = 8.5
Dufu = 5.5

if it is 2digit growth, NP for Q4 can hit 13mil.

https://view.inews.qq.com/a/STO2018020900230302

https://view.inews.qq.com/a/STO2018020900206005

aiyoyo, DJ down 1k. Habis.
Can buy at ESS px.

#smartInvestor1, i think he rugi lah.
I posted on Jan15 that 1 wk before CNY will be 1.01.

But yesterday drop to 0.99 ( yesterday i untung less 2% leh)..

TQ. Yellen....

Fund start buying at 3pm.

Fund start buying at 3pm.

http://finance.sina.com.cn/stock/usstock/c/2018-02-06/doc-ifyremfz5762730.shtml

http://finance.sina.com.cn/stock/usstock/c/2018-02-06/doc-ifyremfz5762730.shtml

30-Dec-2016, DJ=19,762

26-Jan-2018, DJ=26,616 (up 6,854p)

now 25,520 ( still up 5,758p)

Will it go back to 20,000p??

Yellen retired.

Ben Bernanke retired on 31-Jan-2014 n within 2 days market crashed 475.81 from 15848.61 (3%).

http://finance.sina.com.cn/stock/hkstock/hkgg/2018-02-02/doc-ifyremfz3716227.shtml

China Tower in CQ2?

OCK is still relatively young compare to others. MB another 5 yrs.

1.70 by May'18

Why ESOS price so high??

Dr Yap:

[1] Axiata Group = head of strategy & analysis'
[2] U Mobile = COO
[3] Mfone = CEO
[4] Robi Axiata = chief strategy officer

ESOS px at 0.935 n its PE will be 12.47 based on EPS 7.5.

Dr Yap is not in the Board of Directors list.

https://view.inews.qq.com/a/FIN201801260018600W

The future market is here-China

YA. 北方去煤。 气又顶不上又贵成本变高。手套重区在张家界大受影响。没办法。

I think they came during Invest Msia 2018 event.

One of the key speaker was DS Cheah (Asia Warren Buffet) from Penang but own office based in HK to target China mid-cap market.

Ya. Ansell is world 2nd largest after Karex.
Since they tookover, Karex might have difficulty to expand their market share in China.

TG no more bullet to spend anything more than RM1b.

For China co, any acquasition less than US$1b is kacang putih.

What they buying:

[a] Ferretti = Euro3.74b (luxury cruise maker)

[b] Logicor = US$12.25b

[c] Gazeley = US$28b.

.many many more...

They didnt buy when below 1.00 but buying now. why??

[a] FQ4 result too good??
rev=150mil. np=15mil

[b] BI coming??
1 for 1 + some warrant??

[c] Competitor wanted to buy some stake??

only time can tell.

my lovely buying target px =1.01.

https://view.inews.qq.com/a/20180122A0RUPL00

reading pleasure on Viet n Cam

Top Glove

Assump bought 1 lot on 2009 at lowest price of RM3.56.
After 2 bonus issue (2010,2016) with each 1 for 1. Then become 4 lots.
Then Dec-2017=RM9.00 = RM36.
Compounding rate of return (8years) = 34%/yr.(excluding dividen)


COMFORT.

Invested in end-2016 = RM0.70
Dec-2017 = RM1.15
1 yr return = 64%
(To compare, need more years of return)

I think during old SEATH time, the management so call "overspent" on daily maintenance activities coz they were just investor.

Now under OCK, operating cost should be easily cut down by more than 20%.

http://www.investmalaysiaconference.com/misc/system/assets/23473/IM2018_Programme.pdf

goreng yesterday due to this??