The last time Sam bought was back in early 2014 aournd 0.78 and it ran above 1.4.... this round what is the odd for it to run up ?

The higher profit recorded in this quarter was mainly due to the contribution by the Manufacturing Segment as a result of more products being shipped particularly products for the telecommunication industries. Manufacturing segment's revenue improved by approximately 30% or RM24.8 million.

The year- to-date profitability improvement was mainly attributed to the higher shipment of our products from the Manufacturing Segment, productivity and efficiency improvement and strengthening of the United States currency (USD).

:)

提到公司未来的方针，公司掌舵人黄贞焜坦言，OCK集团未来將会致力於寻找亚洲其他国家的发展机会。另外，OCK集团將根据不同国家对电讯塔的条例，来制定打入当地市场的策略。

他举例，「在中国，要获得建设並拥有电讯塔的准证是近乎不可能的。而在印尼的7万座电讯塔当中，大约2万座电讯塔的维护工程，是由我们一手包办的。」

「在发展计划下，经常性收入將会逐年增长。而不难看出，待所有的发展计划落实后，我们將有稳健的固定收入。」

(吉隆坡8日讯)OCK集团（OCK，0172，主板贸服股）积极进军亚洲市场，料区域的多项计划尘埃落定后，可为公司捎来稳健的经常性收入。

OCK集团今日召开股东特大，让股东表决收购在越南的东南亚电讯控股（SEATH）的议案。该公司指出，该议案在股东大力的支持下通过。

大会结束后，OCK集团管理层接受《东方財经》的访问时表示，股东们在会议上並无提出太多的问题，但对OCK集团这项收购计划寄予厚望。SEATH公司目前共有1968座电讯塔，分別出租给VNPT、Viettel及Mobi Fone。

OCK集团首席执行员叶伟奇表示，「目前，我们已经获得3000万美元银行的贷款融资，而剩余的2000万美元，將各自由OCK集团及CAPASIA电讯承担，分別为1200万美元和800万美元。」

他也冀望未来每年可在越南建设300至500座电讯塔。

OCK Group: Towerco: The Building Blocks Of Quality Earnings

We came away from a recent meeting more sanguine on the back of 2017’s growth prospect anchored by maiden contribution from Myanmar towerco and the inclusion of Vietnam towerco acquisition. We also see scope for earnings upgrade in 2018 driven by higher tenancy ratio from both Myanmar and Vietnam. We expect OCK Myanmar to sign on a second tenant as early as 1Q17. In all, we raise 2017 net profit by 4% with the inclusion of Vietnam towerco with a higher fair value of RM1.00/share. Maintain BUY.

Source: UOB Kay Hian Research

UOB revised previous TP 0.95 to 1.0....

Captain Sam wants to fly high.... can he?


OCK Eyes 25-30 Per Cent Revenue From Regional Business Next Year

Group Managing Director Sam Ooi said the group's optimism arises from its investments in Myanmar and Vietnam. "We have delivered about 300 telecommunications (telco) towers out of 920 telco towers to Telenor Myanmar and hope to hand over the remainder by the end of this year.

Ooi said over the next three to five years, the company would continue to build tower assets across ASEAN as part of its plan to grow its recurring income.

"As we started to explore the ASEAN region about three years ago, we see there's a huge potential, and we aim to be the top player in this region," said Ooi.

Sam already start dreaming huge $$$ from Vietnam tower business with the rolling out of 4G... How big is the market potential? Vietnam’s top three MNOs are expected to need to create at least 50,000 new tenancies either in existing towers or by building new towers.

1) Increase in tenancy ratio for the existing 1938 towers... what do you think achievable?

As at end-December 2015, SEATH registered a tenancy ratio of 1.23 times and this is expected to increase to 1.27 times by the end of the year 2016.

"We're even targeting 1.5 to 1.6 times within the next three to four years," OCK founder and group managing director Sam Ooi told a press conference

2) Huge opportunity for growing tower assets...possible?

Sam Ooi Chin Khoon tells StarBizWeek that the focus in Vietnam is to build more towers and that OCK remains committed to growing its tower assets in the region. “Seath is the largest independent tower company with 1,938 telco towers spread throughout Vietnam and we are confident of growing the number of towers there with the expertise we have,” he says... the opportunities for growth in Vietnam is huge, says Ooi, adding that a mobile network operator had recently requested for 90 towers to be built.

---------------------------------------------------------------------------

Google did some research on the Vietnamese market and found that slightly over 80% of smartphone users watched video, for instance, the third highest rate in the world, and 75% accessed the internet. Email, social networking and other data-oriented activities over mobile devices are also steadily increasing.

This uptick in data service demand has signalled a need for further capacity, and this is without factoring in LTE, which will be another driver when launched in 2016. As a result, there is a real need for densification; the smaller operators in Vietnam are at a disadvantage in terms of infrastructure and they need to do whatever they can to maximise return on capital invested. It’s very likely that they will continue to look at co-operating with towercos rather than spending huge amounts on new infrastructure to compete with the market leaders.

The larger companies like Viettel also do some co-location on private towers where it’s hard to get permits due to zoning. Given the strong demand for tower space, they look at the existing network first in these situations, then they look at build to suit. Some of the market leaders, especially Mobifone, have a history of working with private tower owners.

The estimates of new tower requirements are high; the smaller MNOs are going to have to find tenancies on some existing towers to continue to expand their coverage. Beyond this, there is expected to be a 30% increase in demand for capacity every year.

Vietnam’s top three MNOs are expected to need to create at least 50,000 new tenancies either in existing towers or by building new towers.

It is time for Vietnam to implement the 4G LTE network to meet customers' rising demand for high-speed data services, according to telecom experts.

Talking at an international conference on 4G LTE 2016 held in Hanoi on August 18 by the Ministry of Information and Communications (MoIC) in collaboration with the International Data Group, MoIC Deputy Minister Phan Tam said 2016 is a good start for LTE and 2017 will be the year the 4G network develops in Vietnam.

A good move into high growth Vietnam market yet to reflect on the share price....

Two foreign shareholders of large stakes in leading Malaysian telecommunications companies (telcos) are exploring the possibility of divesting their stakes, indicating that the industry could be maturing here.

Reports also indicated that these parties might be more keen on investing in higher-growth markets such as Indonesia and Vietnam.

Those invovled in initial startup phase 1&2 facing higher risk especially the uncertainty of the future political situation back in late 2014. so they deserved to demand for premium leasing rate in order to build the towers else nobody willing to take the risk... OCK new kid on the block sure need to compete on price to penetrate and gain the market share in this phase 3 stage.. OCK management know what they are face with....relax...

here is one crucial key point from that article that I like:

Newest entrants OCK have been bullish about their plans to rollup a pan-Asian portfolio of towers – indeed they recently announced the acquisition of 1,938 towers in Vietnam for US$50mn. OCK are the wildcard in our forecast; if they can build at speed and drive to their targeted 3,000 Myanmar towers at their discount price point, they are going to prove popular with all four Myanmar MNOs.

After 920 towers this year, hopefully OCK even more aggressive next year... how about bid for another 1000 or more...

Telenor has achieved the fastest subscriber growth in Myanmar, racing to just under 17mn subscribers in two years. Telenor remains broadly on track with their rollout plan, having lit 5,831 towers by the end of Q216 – all independently owned – with a target to reach 7,000 by year end 2016, and as many as 13,000 sites to achieve solid nationwide voice and data coverage.

OCK Yangon has erected 201 towers (of which 189 had been delivered to Telenor Myanmar by end- August), and is set to ramp up delivery in the remaining months. All the telecommunication towers have installed sufficient specification to cater for three players.

3rd Q earning going to be good and 4th Q even better....

OCK has come to market at a very competitive lease rate in Myanmar – what innovations will you use to ensure you can build and maintain towers at this price point?

Sam Ooi, MD, OCK Group:

OCK is a full turnkey solutions provider, and we are able to leverage our expertise from other countries into Myanmar, resulting in a lower cost to build and maintain towers. These benefits are passed on to our valued customers.


We understand that towercos in Vietnam provide just the structure and land (“steel and grass”) whereas in Myanmar a full service (“tower and power”) is the norm. Which business model are OCK most comfortable with? And will you source and maintain your own power equipment in Myanmar or outsource to third parties?

Sam Ooi, MD, OCK Group:

We are capable of providing a complete suite of services to our customers, and we are comfortable with any arrangements which may be unique to a particular country.

OCK performs network operations maintenance and/or managed services to approximately 25,000 towers in this region, and we are assessing the market in Myanmar too.

OCK Group’s vision to build a pan-Asian tower company

Having drawn considerable attention by securing a contract to build 920 towers for Telenor Myanmar late last year, Malaysia’s OCK Group has shaken up the Asian tower market once again with its acquisition of Southeast Asia Telecommunications Holdings Pte Ltd (SEATH) and their 1,938 towers for US$50mn. This is the largest tower transaction to date in the Vietnamese market, and we caught up with Sam Ooi, MD of OCK Group to find out more about his company, this exciting new deal, their activities in Myanmar and their pan-Asian vision.

Please tell us about your role at OCK and the experience you bring the team.

Sam Ooi, MD, OCK Group:

I founded OCK in 2000, drove it towards listing on the Main Board of Bursa Malaysia, and led its development into the foremost telecommunications service provider in Malaysia.

Our Group CEO Yap Wai Khee joined OCK in early 2015. Wai Khee has over 21 years of experience in strategy and commercials, with 16 years in the telecommunications industry. He has acted in senior management roles for several telecom companies within this region. At OCK, we have a highly experienced management team with many years of experience in the telecoms industry that has contributed to the company’s success.

How does the tower construction and leasing business fit into your business model?

Sam Ooi, MD, OCK Group:

Our telecommunications network services business is the largest contributor to OCK Group’s revenue, and it our intention to grow this business further by expanding our construction and/or leasing of telecommunication towers.

We were granted with a Network Facilities Provider (Class) license by the Malaysian regulator, and own 133 sites in Malaysia.

We started to expand overseas by securing a master lease agreement for the construction and lease of up to 920 towers in Myanmar last year and were granted a Network Facilities Services (Class) license by the Myanmar government. And just last week we announced our entry into Vietnam.

Congratulations on the announcement of OCK Group’s acquisition of SEATH. What attracted your company to invest in this portfolio and in the Vietnamese market?

Sam Ooi, MD, OCK Group:

We have been evaluating the telecom tower industry in Vietnam, as this country is expected to have one of the greatest mobile broadband growth rates within the next few years, coupled with the rollout of 4G/LTE network later this year/next year.

SEATH is the largest independent tower company in Vietnam, and it is a profitable business; it will immediately contribute financially to OCK Group, and allows us to tap into the Vietnamese market.

Could you share some insight into OCK Group’s plans for further acquisitions or new builds in Vietnam?

Sam Ooi, MD, OCK Group:

We are open to explore discussions with existing tower companies in Vietnam as we feel the tower industry is highly fragmented. In addition, the upcoming launch of 4G in Vietnam will also increase demand for new towers in Vietnam.

Considering OCK Group’s presence in Myanmar and now Vietnam, are there plans for further expansion in the region? Which other markets are being evaluated?

Sam Ooi, MD, OCK Group:

We own tower assets in Malaysia and Myanmar, and with SEATH, we will own tower assets in Vietnam too.

OCK is a full turnkey contractor in Cambodia, where we are involved in tower construction and fibre rollout. In Indonesia we focus mainly on managing active and passive infrastructure for telecom networks.

We will continuously evaluate opportunities within the ASEAN region.

next Q result even better?

we made slight headway in our bulk packaging business having established a new customer and a small storage hub in Malaysia. We shall continue to grow this positive development.

the Group registered a profit before tax of RM 0.23 million as compared to a loss before tax of RM 1.56 million in the immediate preceding quarter.

Myanmar Telecom Tower to Witness Robust Growth through 2020

https://www.techsciresearch.com/news/421-myanmar-telecom-tower-to-witness-robust-growth-through-2020.html

Plenty future growth for OCK... entered Myanmar at prime time to ride on it...

the smart one quietly collect.....

Founder and group managing director Sam Ooi Chin Khoon tells StarBizWeek that the focus in Vietnam is to build more towers and that OCK remains committed to growing its tower assets in the region.The opportunities for growth in Vietnam is huge, says Ooi, adding that a mobile network operator had recently requested for 90 towers to be built.

“The rollout of the 4G or long-term evolution network in Vietnam in the near future will require more towers to be built, as consumers continue to embrace the benefits of connectivity,” he points out.
Ooi deems the purchase price attractive, considering the growth potential of the Vietnamese telco tower market.

Ooi admits that Seath’s profit margins for the last three years were relatively thin and this is because VNI, being a fund manager, didn’t concentrate on maximising the efficiency of the towers.
“With OCK managing the operations, we will be able to reduce Seath’s high operating costs and manage it efficiently to increase profit margins due to our expertise in the industry,” he explains.

Kenanga research on Vietnam deal...

http://cdn1.i3investor.com/my/files/dfgs88n/2016/08/08/1484839048-716795499.pdf

With the introduction of 3G and 3G+ and imminent arrival of 4G into the Vietnamese mobile market, the demand for new mobile services is beginning to show signs of growth from the previously stagnant market.


(Source: Ministry of Information and Communications of the Socialist Republic of Vietnam, "Vietnam Smartphone Subscriptions to Triple", 18 June 2016)

The latest edition of the Ericsson's Mobility Report and the South East Asia and Oceania report, highlighting mobile network coverage and network performance, predicts smartphone subscriptions in Vietnam will triple from around 30 million in 2015.

With a view to monetising mobile data services growth, operators need an environment that enables agility in service creation, delivery and management, with fast launch of a much broader range of innovative products. Innovation comes through an ecosystem of partners and suppliers.
The roll out of the 4G/ Long Term Evolution ("LTE") network in Vietnam is expected to see more mobile data services being used. Services such as social networking and video streaming will continue to grow as Vietnamese people continue to embrace the benefit of data connectivity.

Excluding 920 currently on going from OCK....Telenor still need another 4000+ tower within the next 3 years 2017-2019 to meet the coverage obligations of its licence....Plenty opportunity for OCK....

Norwegian-owned cellco Telenor Myanmar has signed a memorandum of understanding (MoU) with Malaysia’s OCK Group and King Royal Technologies for the construction and lease of more than 900 towers. Regarding the deal, the Myanmar Times cites Telenor Myanmar’s head of communications, Joachim Rajarim as saying that the operator is enlisting new tower companies to ensure that it achieves the coverage obligations of its licence, which require the cellco to serve 90% of the country within five years. ‘To date, we have built close to 3,700 sites in 13 states and regions in Myanmar, and believe that we will need to build close to 9,000 sites in order to provide solid nationwide voice and data coverage,’ the official explained, adding: ‘We see the clear need to expand our supply chain to secure and build sites, as rollout progresses from high density urban areas and large townships to smaller towns, villages and rural areas, and we continue to work closely with all existing partners to accelerate rollout.’

No wonder last friday got annoucnement also kena pressed... no more blocking.... how high can go?


On behalf of the Company, Kenanga IB is pleased to announce that the Company has fixed the issue price for the placement for 79,224,100 Placement Shares, being the first and only tranche of the Proposed Private Placement, at RM0.81 per Placement Share.

The issue price of the Placement Shares of RM0.81 represents a discount of approximately 2.75% to the five (5)-day volume weighted average market price of OCK Shares up to and including 5 August 2016 (being the last market day prior to the Price-Fixing Date), of RM0.8329 per OCK Share.

Good timing for OCK to enter Vietnam market before the LTE trend explode....

The Vietnam telecommunication industry is characterised by a maturing mobile market with growth potential still remaining, however new data and 4G/ LTE is expected to further stimulate demand for capacity. Maturing networks and pressure on operating margins is expected to encourage MNOs to share BTS tower sites. This creates potential for SEATH Group to increase the number of BTS towers such as via built-to-suit opportunities for MNOs, and secure additional tenancies for its BTS towers. Tenancy ratios are the key value driver for a tower company, as additional revenue is expected from extra tenants on each BTS tower, while the associated costs are not expected to increase as much. As such, the profit margins should improve with higher tenancy ratios. This is supported by the positive outlook of the Vietnamese telecommunications industry coupled with the rolling out of 4G services in the near future.

LTE is in hot trend...nowadays you can find more smartphones with LTE function that cost only few hundreds basically everyone can afford.... so telcos want to capitalise this hot trend and aggressively compete to expand their LTE coverage... meaning more business opportunity for OCK in malaysia and indonesia ...?

电讯公司抢频谱　4G爭夺战开打

(新加坡4日讯) 国际信用评级机构惠誉指出，区域国家2016年下半年展开的频谱分配，將加剧电讯企业的竞爭和形成4G通讯的爭夺战。为了迎合日益增长的移动网络服务需求量，大马、新加坡及印尼3国的通讯单位，预计会在未来几个月公佈频谱分配的详情。

惠誉在报告中指出，低价智能手机和长期演进技术（LTE）的崛起，使得移动网络服务需求量快速成长，导致频谱不足的问题，进而让电讯业者需拨出更多的资本支出。LTE网络更具成本效益，让移动营运商可以比3G网络更低的成本，提供消费者更多的移动网络数据额度配套。

Vietnam is expected to witness one of the largest growths in mobile broadband subscriptions in Southeast Asia together with Myanmar, Indonesia, Bangladesh and the Philippines, by 2021. The latest edition of the Ericsson's Mobility Report and the South East Asia and Oceania report, highlighting mobile network coverage and network performance, predicts smartphone subscriptions in Vietnam will triple from around 30 million in 2015.

PETALING JAYA: OCK Group Bhd’s 60% subsidiary, has inked an agreement to fully acquire Southeast Asia Telecommunications Pte Ltd for US$50mil or RM203.5mil in cash.

Today, OCK Vietnam Towers Pte Ltd signed a conditional share sale and purchase agreement with Vietnam Infrastructure Ltd to acquire the entire equity interest in Southeast Asia Telecommunications (Seath).

Seath is the largest independent base transceiver stations (BTS) owner in Vietnam with 1,938 telecommunications towers.

Upon the completion of the proposed acquisition, OCK group expects to gain a steady income stream as the BTS stations have long-terms lease agreements with network operators in Vietnam.








OCK group managing director Sam Ooi said this acquisition would pave the way to enter the Vietnam market, which is one of the biggest in Asean, with many growth opportunities.

“Seath is an on-going and profitable business. As a result of this transaction, OCK will approximately have 3,000 tower assets across the Asean region by year-end,” he said in a statement today.

Finally announced!:)

IoT future is bright....

That MOU is a plesant surprise....MOU with government low risk...

Project start next year....

Jakarta, Indonesia, 2 August 2016 – Comcorp is ready to take on a bigger and more advanced role in providing cutting-edge technology and services to its customers both in the domestic and international markets with convergence capability of data, voice and image.
Today, Comcorp is entering into a Tripartite Memorandum of Understanding with the Government of the Republic of Guinea and Export-Import Bank of Malaysia Berhad (hereinafter referred to as the “EXIM Bank”) to implement innovative telecommunications and ICT solutions in Republic of Guinea.Basically, the said project is to provide demand-driven innovative telecommunications solutions that can further improve service delivery in education, healthcare, data management,
etc. The said Project focus on supplying, installing and commissioning telecommunications and ICT equipment based on needs and feasibility studies in areas defined by Republic of Guinea.
The total value of the said Project is estimated to be in the region of USD42,850,000/- and is expected to be completed in two (2) years’ time and expected to kick off in early part of next year.

MPay Mastercard Prepaid Card Expects Up To RMm40 Million Total ARPU

http://www.bernama.com/bernama/v8/bu/newsbusiness.php?id=1267701

Result better than my expectation.... NTA now at 0.84

From the report:

The profitability improvement was attributed to the better financial performance of the Manufacturing segment contributed collectively as a result of productivity improvement, higher demand for our products and shipment of better margin products.

no mention on any issue related to the RE plant this time, so next Q can start see earning contribution...

Nobody interested to collect at current low price?

sell overdone....buy on weakness if you believe in Comcorp green tech future and its earning contribution in the second half of the year.... somemore got potential "durian"....

On your mark - The company is in intense talks for another business opportunity for the telecommunications industry in Vietnam that could add to its bottomline moving forward.

“I cannot say too much about this now due to the non-disclosure agreement, but briefly we think the discussions are quite positive and we hope to be able to announce something soon,” Ooi says.

Get set - The Board of Directors of OCK Group Berhad (“OCK” or “the Company”) wishes to announce that OCK SEA TOWERS PTE LTD, a wholly-owned subsidiary company of the company had on 16 June 2016 completed the incorporation OCK VIETNAM TOWERS PTE LTD (“OVT”) as a wholly-owned subsidiary, which in turn a sub-subsidiary of the Company.

Growth - Waiting for Announcement....?

Looks like TP is getting higher and higher with more news coming out...


UOB Kay Hian starts coverage of OCK with fair value of RM1.30

http://www.thestar.com.my/business/business-news/2016/06/21/uob-kay-hian-starts-coverage-of-ock/

Good news i like it... OCK - on your mark, get set, GROWTH!

more recurring incomes coming from the 920 telco towers not just from leasing to Telenor...

The recent contract it inked with Telenor Myanmar saw the company building 920 telco towers in Myanmar that it will own and lease out.

Interestingly, Ooi says that these towers can be further leased out to up to three telecommunication service providers after a predetermined time period lapses in the agreement with Telenor Myanmar.

“We can actually sign more agreements after two months into the contract to allow other service providers to lease our towers.

“The bandwidth or quality will not be affected,” Ooi says.

more growth news... that's what I like...

The company is also in intense talks for another business opportunity for the telecommunications industry in Vietnam that could add to its bottomline moving forward.

“I cannot say too much about this now due to the non-disclosure agreement, but briefly we think the discussions are quite positive and we hope to be able to announce something soon,” Ooi says.

quick way to raise fund through warrant conversion.... wonder if any plan to push up mother to encourage ppl to convert?


The company is now looking out for new acquisitions and investments that will increase MClean’s growth and reach, says Yeo.

“One such example is MClean’s auxiliary packaging division. We will continue to monitor the economic and business conditions closely and will include the possibility of further fundraising to grow at a faster pace,” he adds.

warrant premium low... those collected low few weeks ago sitting on handsome profit....

warrant a expire soon... will they push up mother for play?

Past few days no unusual big vol selloff....that's good sign major holders not selling and ppl not too worry because no immediate negative financial effect... worst case if lawsuit will take years to resolve...very soon it will cool off and ppl back to focus on the company potential growth...

The Company has taken all necessary measures to resist the claim. We are confident that the medium to long-term impact will not be adverse to the Group.

so? MClean Group does not foresee any material impact to its operations as a result of this Letter of Demand.

Try apply a 20% cost savings on previous financial results as see what you get...

MClean to make cost-savings from synergy of about 20%. This is due in part to MClean leveraging on DWZ’s facilities, which will have a lower cost.

“We plan to do the lower value-add services, such as Label and 3D barcode removal, in Malaysia. This will be the bulk of the work. We will do the remainder of the high value-add work in Singapore. We should be able to save a great deal by warehousing in Malaysia as the cost is much lower,” says Yeo.

The conversion of 5 mil warrant B has nothing to do with that. Basically Mr Yeo, MClean chairman converted all his 5 mil warrant B he received as a vote of confidence for MClean future?