its easier to do when the stock price is at its support level..as ppl would get scared when support broken..its just a way to flush out small investor..
dont be so negative. Telenor Myanmar know who can be their partner. Not easy to change a partner just like that. Commercial interest will be first priority
its a good opportunity to collect before Q4 report - which traditionally is the strongest quarter of the year. as usual, fear is our worst enemy....
thanks tsh123 bro for sharing the prospectus and the relevant page.
Looking at the third, colored page/brochure, referring to the FUTURE PLANS and STRATEGIES block diagram, wow, i am impressed at what Sam has achieved. It looks like all his five boxes are all ticked within the time - frame (2012-2016) he set back in 2012. amazing. fire in his belly indeed. looking forward to the "monetisation" of the achievements.
1. MD bought about 3.1 million shares at average price of 79 sen [RM2.5m] on 8 & 9 Dec 2016
2. Placement made couple of months ago to Brahmal (close to 5%) at about 81.5 sen [paid about RM32 m].
3. Edotco placement (INJC) & Sale of Edotco shares (Khazanah) worth about USD600m. Axiata will remain majority shareholder. Will be interesting to see the details soon what is the valuation given to Edotco.
4. Those who "can" accumulate now (mother 77sen or warrant 20.5 sen) is "fortunate" as most of the execution risks of the Myanmar and Vietnam deal is "removed". Just waiting for the cash flows and earnings to come in next year.
to think of it technically, the ever so hard to break 0.84 resistant was first established just few days before the last time Mr Ooi Chin Khoon disposed.
Since that, its the first time he reacquired and price now is at support level first established few days after last time he disposed.
1. Time is a friend of a wonderful business and enemy of the mediocre, WB. Why?
2. Focus on the engine(s) of sustainable cash flow (and ROIC or ROE) in the business, any adverse changes to the biz since the last time you bought it. (Remember, you are not timing the market (no one is perfect, sometime you got it right, sometime not, you bought it because you have done your research & background check, its estimated intrinsic value is worth more than the market price before you bought it)
3. OCK is expected to deliver about 600-700 towers by end of the year. And another 220 towers by end of first quarter next year. (RI, PP, Loan, Partnership, all completed in End 2015 and 2016)
4. Vietnam deal is completing by end of Jan 2017.
5. Normally, (my personal strategy), if funds available (keep 30% of it), I will average if it dropped >25% from my average price. Of course, provided no major negative effects on the "engines".
6. Yes, investing does involve "a bit of luck when comes to timing". One year from now, I believe, you will have a more positive remarks. Ask yourself, do you give up on your own biz because temporarily the market do not favour the market price (not the biz, as biz is doing well)?
Fourth telco hoping to get licence for Christmas...U Zaw Min Oo, a director of Myanmar Technologies and Investment Corporation – one of the 11 local firms – told The Myanmar Times this week that he expects the telco to receive its licence on December 21. The new telco will hold a press conference in Yangon on December 23 after receiving the licence, he told The Myanmar Times this week.
last year price drop, Sam didn't bother... but this time drop a bit, and he step in to buy....I might be wrong but who (insider) knows the future earning better than Sam?
I cant agreed more with < Time is a friend of a wonderful business and enemy of the mediocre> but nowadays how many patient guy out there. Mostly hoping insiders news nor flipping profit. I will lock down profit if OCK not growing anymore or if i need money for other better investment.
any reason to sell now when 2017 is going to be a great year for OCK ? already more than 400 towers everyday generating cash in USD.... it is only getting better, a busy time in vietnam for OCK next year for sure beside finishing the remaining towers in Myanmar for Telenor....
4G roll-out opens up investment opportunities in Vietnam’s telecoms sector
Four of Vietnam’s mobile telecoms providers will begin rolling out 4G in 2017 – Viettel Group, MobiFone, Vinaphone and Gtel Mobile – after the government granted them licences for the advanced network service in October. The operators will hold the rights to 4G services until the end of the third quarter of 2024.
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....
funda
484 posts
Posted by funda > 2016-12-08 14:00 | Report Abuse
someone losing patience and want to abandon ship?
or
someone purposely creating big selling block at low price to create panic sell by others?
Anyway, vol is too low for OCK. can be easily manipulate up and down...