Axiata isn’t the only firm that’s affected by the political upheaval in Myanmar. Amata Corp, one of Thailand’s biggest industrial land developers, had said the change in government would impact its investment in the country, while Japanese brewer Kirin Holdings Co ended its joint-venture partnership with the nation’s largest brewer Myanma Economic Holdings Public Co, which has ties to the military.
Myanmar as OCK's biggest contributor would be impacted with delays to complete its remaining towers as well as the collection of receivables by the coup
close eyes come back after a few years la, u should be close to .70 ish or rm1 by then, dont matter i can wait, i dont like chiaus mestron so i wait here
PROSPECTS: - 1) The year has been full of challenges, however OCK has been standing strong with steady reccuring income contributions to the Group. The COVID-19 pandemic has in ways accelerated the adoption of new technologies. With this view, OCK is optimistic about the telecommunication industry’s outlook where new technologies will require increased telecommunication infrastructure and speed such as 5G. As Malaysia continues to strive in the transition to 5G, infrastructures have to be prepared. The government has announced plans such as the national digital infrastructure plan or more commonly referred to by its abbreviation in Malay, JENDELA; with an expected RM21 billion budget to lay the foundation for the transition to 5G, as well as investing a total of RM15 billion over 10 years for 5G implementation nationwide. In this view, as Malaysia’s largest telecommunication network services provider by revenue, OCK is optimistic of the telecommunication sector as a whole. With the new and recent launch by the government, it is expected that a Total of RM15 billion will be invested over the next 10 years for 5G implementation nationwide. This is followed by the announcement of the launch of a Malaysia Special Purpose Vehicle (“GOMSPV”) that will be the entity to oversee the deployment of 5G infrastructure and network roll out nationwide. OCK will stand to benefit by these government 5G initiatives directly or indirectly as a key player in the deployment of 5G in Malaysia. 5G OCK is proud to announce that the Group has developed a smart pole proven to be able to support the large scale rollout of the 5G network. To date, the Group has demo telecommunication sites erected in Langkawi and Sarawak as part of Malaysia’s 5G trials. As a turnkey telecommunication network solutions provider, OCK is ready in terms of technical know-how and equipment solutions to support this next wave of technological expansion. With the advancement of 5G in the future, OCK is in a prime position to secure more projects. With the implementation of 5G, the demand for telecommunication sites will increase by 3-4 times as compared to the number of 4G sites. The functionality for 5G is vast which includes smart solutions to various industries such as smart city, smart agriculture, smart traffic solutions and many more. The Group has positioned itself to capture future opportunities arising from this advancement through the partnership with China United Network Communications Group Co Ltd as they have proven track record in implementing smart city platforms and applications in a few cities in China which can be tailored to meet the Malaysian market’s needs;
2) TOWERCO OCK is poised to adopt a two-prong strategy to grow its telecommunication tower business whereby the number of telecommunication towers under its portfolio will be increased as well as to further expand its existing regionally. To date OCK has a telecommunication tower portfolio of more than 4,200 towers across Myanmar, Vietnam and Malaysia. Its towerco recurring revenue stream provides a commendable contribution to the Group. With that said, the Group’s recurring income from this segment will continue to grow as OCK continues to increase its tower portfolio across the region. In Vietnam, OCK is the largest independent telecommunication towerco with over 2,700 telecommunication sites. The Group has a pipeline of targeted telecommunication sites to be acquired in 2020 as part of its brownfield expansion plans in Vietnam. In Myanmar, OCK provides telecommunication infrastructure and resource supply services to its clients with a track record of completing and owning more than 1,000 telecommunication sites. The Group is aggressively building and acquiring more sites in this greenfield telecommunication market. In Malaysia, OCK owns close to 500 telecommunication sites to date.OCK will still continue its growth plan at a slower pace and will also continue to add additional towers into its local portfolio;
3) GREEN ENERGY SOLUTIONS In line with the Government’s initiatives for the green renewable energy sector, the Group is enhancing its solar renewable energy segment via acquisition of solar farms to fortify its secondary recurring income stream. OCK is actively participating in the Government’s initiatives on large scale solar projects. As a turnkey solutions provider in the solar business, OCK is well equipped with engineering, procurement and construction capabilities to build as well as own solar farms. One of OCK’s aspirations is to reduce the carbon footprint as it continues to expand its businesses. The solar renewable energy segment provides OCK with the platform to do so, as well as build a secondary recurring income base via our solar farms through greenfield and brownfield opportunities. To date, OCK owns 17 solar farm with a total capacity of 11.3MW.
Spectre888: Appreciate the detailed analysis.... always love to read some good solid data and figure. Thanks. And like prudent investor say, "patient" is the key....for OCK.
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....
char1234
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Posted by char1234 > 2021-02-24 21:18 | Report Abuse
Myanmar in deep trouble....ock Wealth is impacted for now