Come on, some businesses have seasonal highs and lows. Historically OCK have higher Q3s and Q4s. Comparing YoY, they are doing great. Expecting coming quarters to improve with their towers coming online.
Prospects - "business and performance of the Group are expected to remain positive for the FYE31.12. 2017"
Normally 2H performance is better than the 1H, due to the nature of the biz. So, don't try to annualised it, it won't be accurate. Do look at analyst report as a reference and see if their view make sense and within your own expectation.
Again slow & steady YoY improvement. Each time when investor pondering to buy but always stop and claimed pe is too high. PE for ock is always high when at their 60, 70, 80 cents even before transfer to main market. Price will get higher and higher when you find out better ratio, new tower build and new projects coming in. If you don't notice the beauty of business modal, after 5 years, you will regret why you were hesitate. Let the chart speaks by itself.
Q1 is always the weakest and yet it is already the highest in OCK history. Just take a look at the Q2, Q3, Q4 trends where in any given year, Q4 is in multiples of Q1.
SHAH ALAM – OCK Group Berhad (“OCK” or “Group”), Malaysia’s leading telecommunication network solutions provider reported its highest first quarter results year-to-date for its financial year ended 31 December 2017
Commenting on the Group’s Q1FYE2017 performance, Mr. Sam Ooi Chin Khoon, Managing Director of OCK Group Berhad said, “Once again, we are proud that OCK has delivered solid results. Given this impressive set of results, we are definitely on course for yet another strong performance for the year. Moving forward, we will continue to fortify our recurring income streams in the TNS and renewable energy business division.” “Our regional strategic plans to build a strong recurring revenue for OCK, has begun to show results. As we are reaping the harvest from our investment in Myanmar and Vietnam, we will continue to strive hard to complete the remaining telecommunication sites in Myanmar. In addition, the Group will also continue to implement our internal operational efficiency programs to ensure that the Group’s operations are well managed, as we continue our expansion journey across the region.”
China Tower Corp is going for HK IPO in late 2017 or early 2018. If it were to sell a 10%-20% stake in IPO, the deal could raise between US$5b - US$10b.
Let see what will be their valuation per unit basis.
it is very hard to explain to you all business of towerco this qtrl result is above my expectation. Only q4 will achieve eps 1.xx.if other remain qtrl can like what you all think eps 1.xx, i already brought more.
Remember with so many cash call last few years, with this decent result, is time OCK start to harvest fruit, you need alittle more patients
i will collect again, today drop should break ema50, it mean downtrend start. i own 1.3mil share of warrants. i still sleep very well
aiseh. missed the opportunity to top up from the "panic" sellers. quite clear many of them not really aware and understand the "nature" of this business punya cycle. I'm sure zlyc bro whack nibble for his trading. hehe.
Sam is definitely steering the ship in the right direction. I'm amazed with the farsightedness. this time, with this awesome Q1 result, above RM 1 will solidly be reality, pretty soon.
zoomsbooms. a little tip. usually, telcos start the year with commitment to spend $$$ on Capex n Opex. so let's say they plan to build 100 6G sites (saje 6G). usually, Q4 will suddenly arrive without warning and then the sudden need to ramp up, and that causes the "natural" cycle of this biz... "traditionally" Q4 is the strongest set of results.
with this strong set of Q1 result, u can imagine Q4 this year ... if you look closely, Sam has pushed the company up to the next level.
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....
abang_misai
2,569 posts
Posted by abang_misai > 2017-05-29 18:09 | Report Abuse
Congrats to everyone! Patience pays off handsomely