Posted by zoomboom > 2017-03-06 16:57 | Report Abuse

AKUMAUKAYA must be eating his Musang King durian flavoured kaya roti bakar now laughing all the way to the bank...

Posted by xyXy > 2017-03-06 17:09 | Report Abuse

ya.........durian runtuh, laugh all the to bank.........

Posted by zoomboom > 2017-03-06 18:06 | Report Abuse

bestnya hari ini.... volume back to the super high range, break last highest record... ini macam ada banyak lagi pent up energy ni... lets continue to watch the show tomorow...

excited.

Posted by sosfinance > 2017-03-07 08:08 | Report Abuse

Attempt #6. Some say still can buy at 28 sen. Hmmm...... more co-tenancy will be announced soon? Or...........

Posted by sosfinance > 2017-03-07 09:41 | Report Abuse

Refilling popcorns and some warrants. Getting more exiting, premium fluctuate around 12% to 15%. Now, mother is 88.5 sen, premium is only 12% for warrants at 28.5sen. Good volume.

Posted by AKUMAUKAYA > 2017-03-07 10:10 | Report Abuse

up too much... semua orang risau .... profit taking liao....

Posted by xyXy > 2017-03-07 10:35 | Report Abuse

nothing to worry, profit taking saja ma...... normal

Posted by zoomboom > 2017-03-07 10:51 | Report Abuse

i watch my warrants, also drooling liow... it turbo charge my mother share's appreciation...

sosfinance bro, how do you derive the premium %?

i keep focused. steady. long term.

Posted by sosfinance > 2017-03-07 11:24 | Report Abuse

28.5 + Exercise Price 71 = 99.5
99.5 less traded earlier at 88.5 = 11
11 divided by 88.5 = 12%

(mind you Gadang warrants is traded at as high as 40%, now is 35%, for course, cannot be compared, just for illustration)

12% premium for about 4 years term (assumed mother price doesn't move down too much - earnings is improving).

While I am writing, the premium is 13% (mother is 87sen, warrants is 27.5 sen).

Posted by stockmanmy > 2017-03-07 11:34 | Report Abuse

you know how many warrants there are or not?
I bot at 25 and sold this morning at 28.5 because at point of buying I did not know they have so many warrants. I like the company but dont like the fact they go issue so many warrants.




sosfinance > Mar 7, 2017 11:24 AM | Report Abuse

28.5 + Exercise Price 71 = 99.5

Posted by zoomboom > 2017-03-07 11:46 | Report Abuse

thx sosfinance bro for the explanation.

stockmanmy, Issue Size: 264,080,454 ? correct?..

Posted by Zai Zai > 2017-03-07 21:47 | Report Abuse

OCK集团（OCK，0172，主板贸服股）的股项，在上周五价量齐升。该公司的凭单OCK集团WA（OCK-WA）成交量远超母股，而且更是创下多个月的交易量高位，这相信和该公司最近宣布不俗的业绩增长有关。

OCK集团母股在上周五是以84.5仙结束交易，而OCK-WA则以25仙闭市。

OCK集团的主要业务包括电信网络服务、绿色能源和电力、维修工程服务，以及电信和网络产品贸易；出租电信塔和绿色能源，是该公司营业额和盈利的主要贡献来源。

OCK集团在截至2016年12月31日结束的财年，取得了29%的营业额增长至4亿711万令吉。

集团净利则从2015年的2560万令吉，略增1%至2580万令吉。

OCK集团的国外业务尤其是东盟业务，目前已经占了公司约20%的营业额。

溢价仅13.6%

为了巩固和扩大公司在东盟电信塔的领先地位，OCK集团在去年于新加坡成立OCK SEA TOWER私人有限公司，为未来在东盟区域上市集资做好准备。

OCK-WA目前的溢价只有13.6%，这对一项还有接近4年才到期的凭单并不昂贵。该凭单波幅和母股历史波幅相近，表示凭单估价合理。

OCK-WA在交易角度来看，还是一项很好的投机工具，这是因为该凭单的有效杠杆高达2.88倍。

该凭单在母股上升时，理论上能够获得比母股高188%的回报率。

免责声明

本栏纯属学术上或经验上的建议，读者若有兴趣投资，应该自行深入研究或询问股票经纪才决定，盈亏自负。我们鼓励通过正确的投资方式创造财富。

(南洋网)

Posted by sosfinance > 2017-03-08 08:50 | Report Abuse

translated: WA 13.6% premium is attractive with almost 4 years to go + gearing of 2.88x. WA is a good leverage on the mother share with the ASEAN growth story materialising in the next few years.

Posted by sosfinance > 2017-03-08 18:31 | Report Abuse

WA's premium dropped to 12.6%, I remember it went as high as 18% once upon a time. Gearing is 3.3x (Gadang is 2.0x and Ekovest is 1.3x). Still has about 48 months before expiry.

Financial is getting better (excluding exceptional items, PAT is RM31m FY2016), increased 21% vs FY2015. FY2017 with Myanmar & Vietnam towers earning included + tenancy growth, earnings will grow another 29% (excludes exceptional items).

Time to add some, despite drop today.

Posted by sosfinance > 2017-03-08 21:24 | Report Abuse

Based on today closing 87.5 & 26.5, premium is at 11.42%. Assumed price maintained at 87.5, with premium of 14% (average for past year), warrant is 28.75. There is opportunity here.

Posted by ez6699 > 2017-03-09 09:09 | Report Abuse

preimuim could trade much higher for a growth stock like OCK....

Posted by sosfinance > 2017-03-09 10:02 | Report Abuse

Figures not convincing yet at the moment.
FY15 (26m), FY16(26m) FY16 before EI (31), FY17 Estimate (38-40m), FY18Forecast (40-46) = Once they see growth figures in FY17, more will see the potential.
Then, like you say correctly, higher premium for growth stock will come in, hopefully by then warrants >33 sen. But it takes a year before we see the FY17 results, provided you are still around.

Posted by Zai Zai > 2017-03-09 10:17 | Report Abuse

agree .Figures not convincing yet

Posted by sosfinance > 2017-03-09 18:10 | Report Abuse

@Zai Zai, if someone bother to look into the breakdown of shareholders' equity of RM420m between tower ownership biz + Non-tower ownership biz, one will realise the potential, and ROE derives from each biz.

Posted by Zai Zai > 2017-03-10 08:35 | Report Abuse

they are another way to get investor attention.
Next 8000 tower is share by EFT/MIG/OCK
so 3000-920 = 2080 to be awarded.
let wait good news

Posted by sosfinance > 2017-03-12 13:45 | Report Abuse

Yep.

UOB KayHian (27 Feb 2017) - Growth opportunities in Southeast Asia to drive earnings at CAGR 17% over the next 3 years. (TP 1.00).

Key rerating catalysts 1) additional 2,000 sites to be awarded in the near future 2) growth in tenancy ratio for existing tower assets (New TP 1.34)

Like you said, the 2,000 towers is already in their bags, and new tenants' negotiations is ongoing. Both catalysts will be achieved in next 3 to 6 months. By then the new TP is RM1.34. By end of the year the warrant will worth .......6x sen? Pick your favourite number.

Posted by bgt9963 > 2017-03-12 14:22 | Report Abuse

Sailang all in..ha ha !

Posted by bgt9963 > 2017-03-12 14:26 | Report Abuse

Crash or no crash....

Posted by jungleboy > 2017-03-12 14:27 | Report Abuse

so better invest in wa rather than mother share?

Posted by abang_misai > 2017-03-12 18:09 | Report Abuse

Brahmal may have been buying recently. To make money, he wouldn't want to wait for 2H2017 for confirmation. Ock's expanding in Myanmar & Vietnam. It is a non-cyclical growth stock. This means that the growth will sure happen regardless of economic climate going forward.

Posted by Zai Zai > 2017-03-13 15:04 | Report Abuse

i love above comment

Posted by zoomboom > 2017-03-16 21:59 | Report Abuse

wow. record broken. 0.295... sweet.

Posted by zoomboom > 2017-03-17 09:22 | Report Abuse

picah 30Sen. wohoo...

Posted by sosfinance > 2017-03-17 11:27 | Report Abuse

accumulate? what say you, zoom?

Posted by zoomboom > 2017-03-17 13:03 | Report Abuse

lol, me haven't bought a single warrant share... just looking at my entitlement make me drool enough lol...

should ask zlyc bro.. he's a pro at nibbling.. short term.. .

steady.

Posted by zlyc > 2017-03-17 13:56 | Report Abuse

buy buy buy

Posted by zlyc > 2017-03-17 13:57 | Report Abuse

avg up

Posted by sosfinance > 2017-03-17 14:11 | Report Abuse

Ok. Will do. After all, the mother first TP1.00 & the second TP1.30 after confirm 2000 more towers and higher tenancy ratio. Risk is manageable.

Posted by abangadik > 2017-03-18 18:24 | Report Abuse

woohoo.. close eye no need see.. already 50% papergain.. hehehe..

Posted by sosfinance > 2017-03-19 09:15 | Report Abuse

Was informed by an "expert" that both OCK and its warrants are breakout stocks and the warrant is better than the mother share in TA. Its a bonus to have both FA and TA.

Posted by dusti > 2017-03-20 10:17 | Report Abuse

Both Mother & Daughter running up. Needs volume for speed. Don't miss out!

Posted by Kkevin2625 > 2017-03-22 18:31 | Report Abuse

add in abit on 0.28, since have a new high at 0.31 :D

Posted by littlebull > 2017-03-23 17:28 | Report Abuse

looking good......up up up up.

Posted by paperplane2016 > 2017-03-30 17:42 | Report Abuse

coming back strong finally. time to see if to avg up later on

Posted by Josephine Ong > 2017-03-31 09:09 | Report Abuse

mali mali

Posted by xyXy > 2017-03-31 09:45 | Report Abuse

hahaha....shoot lo......this time huat ar

Posted by xyXy > 2017-03-31 09:47 | Report Abuse

durian runtuh .......wait to harvest only.......hahaha

Posted by KCLiew > 2017-03-31 09:47 | Report Abuse

moving moving.....

Posted by xyXy > 2017-03-31 09:48 | Report Abuse

keep on move up...........

Posted by xyXy > 2017-03-31 09:49 | Report Abuse

AKUMAUKAYA bro...where r u ? sudah kaya, diam diam saja ?

Posted by littlebull > 2017-03-31 10:12 | Report Abuse

create new 52w high--------40c. hahahaha

Posted by sosfinance > 2017-03-31 10:20 | Report Abuse

For info only. Premium just dropped to 9%. First time. Mother up 5 sen, warrant up 1 sen, warrant gearing 2.9x.

Posted by Pusher_Punisher > 2017-03-31 10:30 | Report Abuse

kasik pecahhhhh itu smua wall.. congrats long2 shareholder and welcome aboard new ones

Posted by funda > 2017-03-31 11:03 | Report Abuse

son lagging behind mum...

Posted by zoomboom > 2017-03-31 11:20 | Report Abuse

pusher bro, kasi push lai laa... LoL...
sosfinance bro, tq for always sharing your analysis... appreciate it :-)

steady. musang. king. i await runtuh.