JENDELA and 5G rollout. Within the next three weeks, the Ministry of Communications and Multimedia will be announcing the winners of the JENDELA Phase 1 tender, with a total tender size of RM4.6b to construct 1,661 towers and install the network and necessary electronics. In this space, we see OCK as a beneficiary, as it could benefit from the construction and management of more telco towers. Given OCK's relationship with Ericsson, we wouldn't be surprised if OCK wins jobs for the 5G network roll-out
Soon or later OCK will back to radar based from Gov continued support high speed internet in Malaysia. OCK had undervalue even earned stable income on last few QR.
OCK price push down in morning & collect back in afternoon. Is sign of good news to be announced very soon. Not other than winning project news. If tomorrow have chance gap up and possible limit up. Then for sure Jendela project is on hand. Will be followed Opcom foot step.
For the past 5 years, ock enjoys income from small jobs + recurring income. Ock makes profit of Rm30mil consistently for the past 5 years (shown in its latest annual report).
No growth in income means share price has not been going up.
OCK’s admin cost (big boss salaries, office expenses) is Rm60mil per year. Once ock secure big scale jobs, ock does not need to incur additional admin cost which means the profits from the big jobs will translate into superb profits.
Ock-wb has a life shell of 4 years ++ For this reason, I bet on its ock-wb @ Rm0.195.
KUALA LUMPUR (Oct 8): Work permits for the construction of over 600 new telecommunication towers in Sarawak totalling more than RM1 billion will be issued this month, said Communications and Multimedia Minister Tan Sri Annuar Musa.
He said all three contractors had been identified through open tender and they will begin construction work in the near future.
According to him, Sarawak has been given the highest priority level under Phase One of the National Digital Network (JENDELA).
“Sarawak has become a high-priority State because currently, its coverage in terms of connectivity is about 80%. We must standardise it with other places to achieve over 90% (Internet coverage).
“We hope that with the completion of these towers, then more mobile phone users still using the 2G and 3G facilities will switch to the 4G network,” he said in the 'Bersama Annuar' programme on Bernama’s Twitter Spaces which discussed the topic of ‘Capaian Internet — Jangan Ada Yang Terpinggir’ (Internet Access — Let No One Be Left Behind) tonight.
Annuar said the 4G facility would make it easier for the community to use the Internet comprehensively as more activities could be done, including digital economy programmes, e-commerce and others.
“I can assure you that for populated areas in Sarawak, although remote, we will try to improve Internet facilities, especially for the convenience of our school children.
“If possible, we do not want to hear anymore (of students and pupils) having to sit in the boats (to get Internet access). We know in Sarawak, rivers are dangerous (as there are wild animals like crocodiles) for school children. We also hope they do not have to go far from their houses (to get Internet access) because it is not safe for them, he said.
Meanwhile, Annuar said that in line with the government’s efforts to achieve 97% 4G Internet access nationwide, the Ministry of Communications and Multimedia (KKMM) was in the process of issuing tenders for the construction of over 1,161 new broadband towers.
He also urged the people to channel any information regarding Internet access problems in their areas through the JENDELA Map on the JENDELA portal.
Annuar explained that consumer feedback and complaints were important to help the government continuously improve the quality of broadband services in areas that are facing the problem.
"To improve the quality of Internet services, we need feedback crowdsourcing. In rural and urban areas, there are also blind spot areas where although there is coverage, the telecommunication companies have not upgraded the coverage," he said.
Annuar also hoped that telecommunication companies would not ignore the need for Internet access in sparsely populated areas and, instead, to use their profits to upgrade services in these localities.
Meanwhile, Annuar also wished Happy Post Day to all Pos Malaysia employees in conjunction with the World Post Day celebration tomorrow.
should expecting Jendela project news very soon after long wait. Budget 2022 is on coming Friday, Can foreseen winner should already in mind. OCK price chart show encouraging which indicating job should be on hand. Let wait this moment to come
OCK news on jendela project. OCK price move up and press down last friday maybe a sign of big shark to scare small fish to run before Jendela news out. R we need to afraid before Jendela news out? will we regret if OCK was the winner
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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....
partimeshark
342 posts
Posted by partimeshark > 2021-10-04 20:37 | Report Abuse
target price 0.59