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KUALA LUMPUR: Stocks to watch on Monday include Bertam Alliance Bhd, Careplus Group Bhd, OCK Group Bhd, Wegmans Holdings Bhd and Berjaya Food Bhd.
KUALA LUMPUR: RHB Investment Bank Research has kept OCK Group Bhd as its top sector pick despite expectations of weaker revenue and profit after tax in its upcoming earnings result, scheduled for Aug 27.
KUALA LUMPUR: Kenanga Investment Bank Research is upgrading its recommendation on OCK Group Bhd on expectations that the second half of the year will offset the recent weakness.
PETALING JAYA: Inorganic expansion and new build-to-suit site orders will see OCK Group Bhd’s recurring revenue contribution exceeding 80% in financial year 2021 (FY21).
KUALA LUMPUR: RHB research has reiterated its "buy" recommendation and raised its target price on OCK Group Bhd on the back of an expected pick-up in mobile-related capex in 2021.
KUALA LUMPUR: Telecommunication network company OCK Group Bhd has proposed to raise as much as RM24.4mil by issuing renounceable rights shares with warrants.
PETALING JAYA: OCK Group Bhd is eyeing additional jobs from the government’s National Fiberisation and Connectivity Plan (NFCP) 2 through a partnership with a telecommunications service provider (telco), according to RHB Research.
Genting Group subsidiary Genting Singapore (GENS) reported a 2019 core profit after tax and minority interest (Patami) of S$705mil, a decline of 8% year-on-year (y-o-y), which was within expectations, as it constituted 104% and 103% of Affin Hwang IB and consensus forecasts.
RHB Research is maintaining a “buy” call on OCK Group with a target price of RM0.75, which is an 28% upside, as the group remains confident in sealing the towerco divestment deal soon