OCK Group Shows Prowess In Latest Data Centre Win
OCK Group Shows Prowess In Latest Data Centre Win
OCK Group has recently secured three new data centre (DC) backup power solutions contracts valued at RM32.5 million. These new contracts involve supplying, delivering, installing, testing, and commissioning underground storage tanks and fuel distribution systems. The projects also include cabling works for backup power systems designed to ensure uninterrupted operations for data centres during power disruptions. The successful acquisition of these contracts highlights OCK's robust position in the data centre sector and its ability to drive strategic revenue through end-to-end infrastructure and connectivity solutions.
OCk Group最近获得了三项价值3250万令吉的新数据中心备用电源解决方案合同。这些新合同涉及提供、交付、安装、测试和调试地下储罐和燃料分配系统。项目还包括备用电源系统的布线工程,旨在确保数据中心在停电期间仍能正常运行。成功获得这些合同突显了OCk在数据中心板块的强劲地位以及通过端到端基础设施和连接解决方案推动战略营业收入的能力。
Analysts remain optimistic about OCK Group's prospects, with a BUY rating maintained by RHB Stock Broking House and a target price of RM0.82, representing a 40.2% upside. The firm's end-to-end capabilities and recent contract wins support a favourable outlook, with a forecasted FY25 core earnings compound annual growth rate (CAGR) of 19%. This target price includes a 2% premium based on OCK's ESG rating of 3.1 out of 4. Similarly, Kenanga has reiterated its OUTPERFORM rating and a target price of RM0.86, reflecting the anticipated contribution of these contracts to FY24 and FY25 earnings.
分析师对OCk Group的前景保持乐观,RHb证券经纪公司维持买入评级,目标价为0.82令吉,上涨40.2%。这家公司的端到端能力和最近的合同获得支持了积极的前景,预计FY25核心收益复合年增长率(CAGR)为19%。此目标价包含了OCK的ESG评分为3.1(满分为4分)时的2%溢价。同样,Kenanga重申其OUTPERFORm评级,目标价为0.86令吉,反映了这些合同对FY24和FY25盈利的预期贡献。
The recent contract wins boost OCK's outstanding data centre power solutions order book to over RM50 million. This includes projects for major data centres in Iskandar Puteri and demonstrates the group's capability in securing and executing significant power solution projects. Analysts estimate that these contracts will contribute approximately 3% to FY24 and FY25 earnings. The increase in approved investments in Malaysia's data centre sector, driven by substantial investments from hyperscalers, is expected to further benefit OCK.
最近的合同获得将OCk杰出的数据中心电源解决方案订单簿提升至超过5000万令吉。这包括Iskandar Puteri的主要数据中心的项目,展示了这个集团在获得和执行重大电源解决方案项目方面的能力。分析师估计这些合同将对FY24和FY25的盈利贡献约3%。驱动马来西亚数据中心板块认可的投资增加,这方面的巨大投资来自超大规模公司,OCk有望进一步从中受益。
In addition to the power solutions contracts, OCK is also pursuing fibre network connectivity projects for data centres. This aligns with the company's strategy to expand its role in the data centre sector, particularly as the domestic market is projected to hit new records in 2024. The group's tender book, valued at over RM500 million, includes various projects in the telco network services and digital segments, further solidifying its growth prospects.
除了电源解决方案合同,OCk还在为数据中心推进光纤网络连接项目。这与该公司拓展其在数据中心板块的角色的策略一致,特别是在国内市场预计于2024年创下新纪录。该集团的招标项目簿价值超过50000万令吉,包括电信网络服务和数字领域的各种项目,进一步巩固其增长前景。
Management's optimism extends to OCK Digital, the company's newly established digital arm, which is anticipated to deliver triple-digit revenue growth over the next two financial years. The arm has a tender book of RM300-400 million, comprising primarily government and enterprise-related jobs.
管理层的乐观情绪延伸到OCk Digital,这是公司新成立的数字化部门,预计在未来两个财年内实现三位数的营业收入增长。该部门拥有3,000-4,000万令吉的招标项目簿,主要涵盖政府和企业相关的工作。