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All eyes on telcos as brokerages seek 5G clarity
The key risk with DNB lies in its execution, given the tight timeline for the deployment of the 5G network with commercialisation of services slated by year-end.
Summary of business news from Feb 22 to 28
Highlights of last week’s stories – Genting, AirAsia, telecommunications, AMMB
Myanmar coup worries for OCK Group
KUALA LUMPUR: Following the military coup in Myanmar, OCK Group Bhd could see earnings growth headwinds as network shutdowns could present some execution risks to the group’s towerco business in Myanmar, says RHB Research.
RHB maintains 'buy' on OCK after adjusting for Myanmar's political risk
KUALA LUMPUR: RHB Research is seeing growth headwinds for OCK Group Bhd as it factors in the political and execution risks following the military coup in Myanmar.
OCK Group’s towering business
PETALING JAYA: The Jendela (National Digital Infrastructure) plan will see more infrastructure being rolled out in the country.
RHB keeps OCK as top sector pick
KUALA LUMPUR: RHB Research expects OCK Group Bhd's FY21 earnings growth of 16% to be underpinned by stronger mobile site deployments under the National Digital Infrastructure Plan and steady expansion of its regional towerco business.
OCK earnings remain highly sustainable on recurring income, says Kenanga
KUALA LUMPUR: Kenanga Research expects OCK Group Bhd's overall earnings to remain highly sustainable due to solid recurring revenue streams and potential benefit from upcoming government initiatives.
RHB maintains 'buy' on OCK
KUALA LUMPUR: RHB Research believes the sell-down on OCK Group Bhd shares is overdone as the telco remains a key beneficiary of heightened telco infrastructure spending under the National Digital Network initiative and 5G rollout in the longer term.