OCK (0172) Overview - OCK GROUP BERHAD

Buy below 4 is a good deal. Low risk of 5g infrastructure and services not picking up

2023-05-10 15:31

AlanKulai2015

What do you mean by "Buy below 4" ?

2023-05-15 14:36

SHOB

bad invest in ock

2023-05-16 05:42

I meant < 0.4 is ok , technical analysis does not work for OCK or need to wait and let Qtr results shows? A bit too boring for some. Revenue growth average 14%/yr . Ebit margin 12.7% , slighly downtrend lately. PE ratio drop from 20s to ~12 lately. Concern on the ROE due to the tower business vs services. hight of 8 % dropping to 5%. This is the major concern. Anyway, to each its own . Important to look at the latest qtrly result. Technically already oversold and major support 0.36

2023-05-17 07:43

Qtrly report , consistent. 2 solid qtrs . Cash flow improve significantly. YoY is good QoQ down due to strong Q4 report. EPS stable. Ok lah but no interest from investors :)

2023-05-31 07:23

steven_c

No interest because they are not rewarding shareholders with dividends. Or at least do a share buybacks works too.

2023-05-31 15:41

At least now heavier volume :) average 0.38 , should be a good price at the moment

2023-06-02 15:20

warchest

The ROE of OCK is 5.32% and with the debt loading of c. RM762 m the ROCE is merely 2.6%. It means that the Group has not achieved a reasonable return for both the shareholders and debt holders even after many years. No wonder, the share price is still at its depressing even after many years.

Moreover, with the high debt levels it places a constraint for the Group to grow its other business ventures and reward the shareholders with dividends.

2023-06-09 19:33

warchest

The only way to get out of this is monetise their 5,300 towers

2023-06-09 19:33

warchest

Many promoters here now already gone. This company is a big disappointment

2023-06-09 19:35

PH govt must investigate whether there is hanky panky in award of JENDELA projek. Sama macan NiiSE

2023-06-09 19:44

Innocentbystander

warchest - then why you still holding their shares? lol

2023-06-13 15:05

jackjason

Almost 200million intangible assets and goodwill is bigger portion but is never do impairment on goodwill it.
If this amount charge out not sure how bad the financial figure.

2023-06-15 00:23

jackjason

Some more OCK cash flow position not so solid, if cash flow healthy the company will not opt to withdraw bank overdarft due to the interest rate more expensive compare with banker Acceptance and Revolving credit.
They are unable pay consistent dividend to shareholder.

2023-06-15 00:32

Hope upgrade soon to telco business :) what happen to maxis today? went up 44c. 10.7% :)

2023-06-16 16:58

trickskipper

someone could explain, why split tower business could help share price hike ? I see some people said tp 1.00 if it happen

2 months ago

SHOB

wasting time...... move to mestron now

2 months ago

Wt345986

◤今日选股◢ 第二轮5G计划明年开跑 OCK集团料受益
https://www.chinapress.com.my?p=3518688

2 months ago

Slowly but surely. Only qtrly results can confirm the true value of OCK. Has to faced the reality of the assets heavy business model . Not sure if they will succeed in spliting the tower business vs services business to improve the ROCE. But when the bulls hit...all this does not really matter :)

2 months ago

MACC sila siasat Jendela. Ada hanky panky

1 month ago

At least consistently above average volume. If track 2 hourly time frame looks good compares to daily time frame. Still have to wait in an empty room :)

1 month ago

ken

Ock look good. Break 42.5sen today. Volumn improve..

1 month ago

slow and steady. hopefully qtrly will be good and return of dividend announcement :).

1 month ago

Oklah not bad, slow and steady. Only a superb qtrly report can move this under the radar counter.

1 month ago

Volume is back. Hope for a good q2 report. So lonely but slow and steady. 4 months 10 percent increase oklah

3 weeks ago

If profit ~10M better announce dividend. Kacang also canlah , siok sendiri in this forum :). Tower business they will also announce the plan or in another words commitment to split.

3 weeks ago

within expectation oklah 10.3 Million pat 98c EPS.

3 weeks ago

what is there not to like, all financial ratio improve but no dividend :( ... No IB coverage on OCK :(

3 weeks ago

KimSua, so should buy or sell? Seem that it will continue to generate good profits going forward. The profits and turnovers have been ascending over the years. It seems that it is going to be the next play in klse likes those recently re-evaluated counters with solid profits. Should buy or sell is the main concern now?

3 weeks ago

Hold first as OCK financials are predictable. The current concern is the tower business is dragging down the Return on capital employed/invested. This ratio will not improve unless they split the tower business and services. We cannot be sure when they will officially declares this to unlock its true potential. Certain IB might not be concern on ROCE ~3% as if you compare within the telco industry it is around this number. Anyway technicals/ price action /volume is looking pretty good. Most weak holders are selling as it is a bit boring . KLSE can be speculated by the IBs and we cannot be sure what is the next play but choose a good company , for mid/long term portfolio and swing trades those that are heavily speculative (that will take good sets of charting skills). Good luck , I am not throwing in the towel yet :)

3 weeks ago

if u like Tower biz, buy Redtone not Ock.
Redtone PE 8x vs OCK PE 12x. And Redtone giving 2.5sen = 3.9% dividend

3 weeks ago

thanks for the tips, will check it out

3 weeks ago

There are 3 listed Tower biz companies in bursa: Redtone, Ock & Rohas
Redtone fundamentally superior to Ock & Rohas

3 weeks ago

Ock volume is back

2 weeks ago

It seems the company management had mentioned on listing it tower business several years ago and had not materialize till now. How credible is this OCK management?

1 week ago

The chart indicators definitely looked superb including company fundamental. Is just these few days seem weak

1 week ago

List it's main core biz??? Normally company list their non core biz

1 week ago

What u say is like Maybank list it's banking biz. Doesn't make sense for Ock list it's tower biz

1 week ago

Ock nak pinjam rm700mil

1 week ago

KPH5328

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3384427
OCK Group Berhad ("OCK" or the" Issuer") is pleased to announce that OCK had on 11 September 2023 lodged the required information and relevant documents relating to the Sukuk Murabahah Programme with the Securities Commission Malaysia ("SC") pursuant to the Guidelines on Unlisted Capital Market Products under the Lodge and Launch Framework issued by the SC on 9 March 2015 and revised on 29 August 2023 (as amended or substituted from time to time) ("LOLA Guidelines").
The Sukuk Murabahah Programme shall have a tenure of thirty (30) years from the date of the first issuance of Sukuk Murabahah under the Sukuk Murabahah Programme.

1 week ago

KPH5328

https://klse.i3investor.com/web/blog/detail/nanyang_stock_expert/2023-07-18-story-h-245557162
OCK集团的债务有5.74亿令吉，其中51%是以美元计。
根据目前超过8%的美元债务成本，再融资后估计每年可节省1400万至1500万令吉利息。
这对该集团每年超过3000万令吉的融资成本而言，是可观的节约。

1 week ago

https://www.thestar.com.my/business/business-news/2023/09/11/ock-to-raise-rm700il-via-sukuk-murabahah-issuance
This big debt company. If you like tower biz, go for Redtone

1 week ago

KPH5328 & speakup, so to buy or sell?

1 week ago