The stage is finally set for better things to come.
People outside the company will never know how excited it was for the
people who had worked so hard for this to finally come to fruition. The
sense of accomplishment is all round. It is all about hardwork. Then
comes result and then comes recognition. When there is recognition,
things will be easier for the business to grow further. All
this started as a small sole proprietorship company with limited
capital. What it has then, and still has now, is grand idea and passion.
That was 15 years ago.
One thing for sure. It is not easy for a small company to grow
organically and eventually able to be listed in Main Board. This is not
to compare to those high flying company with multiple layers of
connections and backing.
I see this as a success story of the 1st generation of entrepreneur
where the seed has been planted and this will carry on to the 2nd
generation. We all know about Genting, YTL story and the like. These
companies are now coming to their 3rd generation, SPSetia is supposedly
in their 2nd generation (unfortunately the plan was scuttled
prematurely). These companies may seem like family business oriented
company. But who cares as long as it creates values for the shareholders
in the long run. Business runs well, making profit continuously, have
big vision and ambition to grow the company further.
And this is what I see in OCK since last year.
Its price closed at RM1.43 on 05.11.2014.
Malaysia : UncleZ on Value Investing http://unclezmalaysia.blogspot.com