Will OPCOM see a take over offer from DATO ONG CHOO MENG ?

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One of the active businessman and investor during the volatile market in 2021 / 2022 period had to be Dato Ong Choo Meng. 

Dato Ong Choo Meng business vehicle Ruberex had a great wind fall profit during the Covid19 pandemic, while Hextar is doing well in the chemical segment.

The recent movement included take over of SCH Bhd, renamed into Hextar Industries Bhd. Subsequently, he also bought into other listed entity - Opcom 0035 and Complete Logistic Services Bhd (COMPLET - 5136). He had also ventured into property and commercial retail segment with the 20% stake purchase at the EMPIRE CITY SHOPPING MALL RM 180 million through RUBEREX.

With the current spree that Dato Ong is going on, it seems that there will be more to be expected from his investment he had made.

The current notable movement is at Complete Logistic where Dato Ong offer a take over at RM 2.50.

To have a clearer look at how things unfold in Complete Logistic

5 march 2021 - Acquire 29% around price RM 1.70 to RM 1.80

November 2021 - Offer take over at RM 2.50, which is 40% above the block acquisition price

Feb 2022 - Complet price headed higher to RM 4.00

Will this event happen at Opcom ?

First acquisition of 15% around RM 0.80

Subsequent stake increase to 19% with additional stake acquire around RM 1.10

If the Dato Ong is going to offer a take over at 40% premium from it's previous purchase, that will priced around RM 1.50

Currently, Opcom is trading at RM 1.05, which is quite an attractive pricing to speculate on big corporate movement from it's shareholder.

Given the prospect of 5G where fiber optic are needed to enhance the speed of data delivery, OPCOM definitely had an edge over the future prospect.

If Dato Ong Choo Meng had great plans for OPCOM, there will be a high chance where OPCOM will see a take over offer in the coming future. Reader should be advise that the ABOVE CONTENT ARE BASED ON SPECULATION OF MARKET MOVEMENT BASED ON A PREVIOUS SET OF EVENT.

IMPORTANT NOTICE

Please be informed that I am not a professional or certified analyst. I am not a licensed consultant, just a normal retail investor. I am just sharing my ideas and opinion on the market outlook. Any company mentioned should not be interpreted as a buy/sell/trade call. Please do your own research and buy/sell/trade at your own risk.

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Opcom ready for better days ahead in 2019 with Mahathir's son on board

Market is hot, but it is very important to select the correct stock that have a good future, it is even better if the stock is involved in shaping the future of the world. A lot of technology stock are trading in high premium, because there are involved in the things of the future.

Now the global spotlight is on 5G technology, 5G internet. Developed country are looking into 5G deployment which will connect even more devices into the internet at a faster speed than the current 4G can offer.

The appetite of data keep on increasing everywhere, and operator are fighting for consumer by giving more internet quota and bandwidth year to year. It is very intense and the demand for data will only see that the existing backbone infrastructure to transmit data cannot cope with the load anymore.

That will then be a good news for OPCOM, because OPCOM will come and supply more fiber optic cable to the market.

So now ask your self this question - Do you agree that the internet data usage will keep on increasing every year? If your answer is a firm YES, then you really need to invest some OPCOM to benefit from the growth.

Deployment of 5G is a strong growth demand for fiber optic

There are significant changes in terms of 4G vs 5G. This visual will help you understand faster on what is 5G

The internet speed going to way much faster than the current 4G, with peak data rates of 20GB/s which is downloading a HD video in matters of seconds or minutes.

But in order to achieve this, there will be a lot of smaller signal tower required in order to handle more devices and data.

In order to provide faster and seamless connection, it is about setting up more signal tower and connecting them with fiber optic cable.

Now all the new housing condo development is equipped with fiber optic. Sooner, all the copper wire will have to be replaced, and setting up more signal tower that is back with fiber optic cable to transmit data to make sure data transfer without interruption such as weather changes.

If this is too much data for you to consume, just remember this

5G deployment will require more and more fiber optic to be installed around, from station to signal tower and even your homes in the future.

Opcom Product Range

All kind of fiber optic cable is available at Opcom. From those hanging from tower to tower and direct burial, and even indoor cable. So OPCOM prospect and potential for the future is very big big big.

Bonus to invest into OPCOM

Beside prospect of OPCOM is very good, one very important factor is the company got strategic shareholder.

The person is - Dato Seri Mukhriz Mahathir. I believe this person need no further introduction.

When Prime Minister Tun Mahathir say this project cancel, that project cancel, then you can see those company share price goes haywire and limit down here and there.

But this company is Mukhriz Mahathir, so you know I know everybody know and you need to pandai pandai la.

Conclusion

Opcom very nice prospect and good future because

1. Fiber optic is high demand to deploy 5G (not malaysia, but whole world)

2. Opcom focus to export more cable to oversea

3. Got Tun Mahathir son inside - Mukhriz Mahathir.

** Remember, this is only a piece of article from my opinion and sharing. This is not treated for a buy sell trade decision. Invest at your own risk and do your own detailed study before investing or trading anything.