There was no particular change to the consensus price target of RM0.53, with OCK Group Berhad's latest outlook seemingly not enough to result in a change of valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic OCK Group Berhad analyst has a price target of RM0.58 per share, while the most pessimistic values it at RM0.50.
Company is not growing, political crisis in Myanmar its bigger contributor of EBITDA, didn't benefit much from JENDELA, major shareholder is selling, weakening balance sheet and waning interest in this Company
Negative developments affecting Myanmar, its biggeest contributor of EBITDA. Even Petronas pulled out from Myanmar. Be careful of write-off on its investment in Myanmar
Based on edotco's latest acquisition of the Phillipines towers at USD270k tower would put OCK's value at more than RM5 Billion. Even if I give an 80% discount (arbitrary) to the tower value, OCK should still be worth at least RM1 billion which is about RM1.xx per share... So i still dont understand why the market under values the stock
edotco's latest acquisition of the Phillipines towers got related to OCK? I think once OCK reached target of owning more than 5000 towers (currently owns around 4800 towers), they will consider to spin off their OCK international business to reduce the high liability. I think now the concern of the most of the investors is the high liability. Once OCK tend to solve it and get more 5G projects, share price will move higher. Be patience and may get rewards
@ttt oic...yeah OCK is considered undervalued by market....hope OCK can find solution regarding their high debt...once spin off the share market may become higher soon
OCK mungkin hadapi masalah pemasaran syarikat towernya sebagai entiti berhad baru disebabkan pemilikan aset di Myanmar yang mungkin ada risikonya berdasarkan masalah dalaman di Myanmar.
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
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....
Reichwerden
117 posts
Posted by Reichwerden > 2021-11-09 18:28 | Report Abuse
Buy! buy! buy! :)))