^ M&A expenses and restructuring expenses + Covid 19. No doubt in a normal year they will return to profitability.

They just bought a car dealership for ~0.2x sales...Pretty good deal. Hope they are able to run it profitably.

Their expansion to the Indonesian market is actually huge for us. I know its just production factory but if its able to tap into the Indonesian market with 270m population, we can go much further..

For people who ask why 5g is AWESOME for OCK:

5g has strong connection is strong but the weakness of 5g is that the coverage/signal is weaker than 4g. Means for 5g to work for the whole nation, we need much more cellphone tower. OCK is a cellphone tower player and will therefore benefit from it!

0.60 TP is too low IMO. After it reach 0.60 TP, bank will rate is higher to at least 0.7-0.8TP. That is the minimum for me.

boilermech sold to QL for 25 p/e. MBL still around 10 P/E.. hmmmmm

Banks will revise the target price to at least rm2.5+ like Kenanaga. Pushing it to rm2.7!