if u are believe in Warren Buffet, he won't buy businesses that don't have "mold". Also, u think OCK business will get bigger and continues to expand for the next 20 to 30 yrs. And Warren also won't buy high PE counters unless the businesses is turning around
don't believe that good news (i.e. results) or prospects just because price starting to go uptrend. U see most of the counters in KLCI also on uptrend, some actually even at 52 weeks high
Face the reality. Does it helps by hoping the management can helps to create value for its shareholders? Does it helps by showing how bullish the industry is when u are making reference to small company like OCK ? Does it help by denying the truth that the valuation of OCK is expensive.?
The new thing from 5G is that 5G technology will reduce the usage of fiber optic cable which will enable the gov expand the on-line payment system to their rural area.
are you sure about lower usage of fiber optic? As far as I know 5G required more fiber optic as it can carry more data. more data means you need more fiber optic or higher capacity fiber optic to carry the amount of data also it need more tower to have a wide coverage
Gainers:Losers 3:1 today. Hope it (positive sentiment) can stay that way for a while. Analyst's report said OCK Vietnam secured another sale and leaseback for 300 towers/BTS. Results is early next week.
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....
warchest
1,814 posts
Posted by warchest > 2019-02-12 11:03 | Report Abuse
with PE of 21x even 10% increases in profit it won't help at all