gunn, making me drool with that TP... but i shall await 2020 to reap the rewards.... wawasan 2020... 3000 towers in Myanmar target. by then, OCK would probably be multiple times of its stock price right now. confident Sam will steer his beloved company to greater heights y-o-y.
must be collection mode. investors realised the huge potential this counter cango. and its cheap currently.... just need patience.... lots of it.... continue to watch this blockbuster no. 2...
stay calm. stay focused. Keep steady bros and sis.
Further to the Company's amended announcement on 30 December 2015, the Board of Directors wish to clarify that the Agreement with TELENOR MYANMAR LIMITED is expected to increase the gearing of OCK Group gradually from 0.37 times to 0.8 times for the financial year ending 2016. Borrowings as at 30 September 2015 - 75 million Shareholders’ funds as at 30 September 2015 - 203 million
Existing gearing as at 30 September 2015 - 0.37 times
Navi, don't worry dow kacau. It's been the new normal since last year. Volatility reigns. Long term no problem.
Timbermad bro, it's expected gearing will increase. I like the fact that the mgmt is being very transparent about it. Building the towers need funding. That's why the usd45mil borrowing that will increase the gearing.
It's the recurring income that will be key. Build and lease back concept. OCK will build n lease back to Telenor. Of course this will take time to ROI. What I see is I expect earnings to flow in from further catalysts such as tower sharing -lease to multiple operators -multiple income and not forgetting OCK's expertise in telco network services - to commission n optimise mobile network - another source of income.
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....
thesteward
6,782 posts
Posted by thesteward > 2016-01-05 11:17 | Report Abuse
:-D