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最近獲得了三項價值3250萬令吉的新數據中心備用電源解決方案合同。這些新合同涉及提供、交付、安裝、測試和調試地下儲罐和燃料分配系統。項目還包括備用電源系統的佈線工程,旨在確保數據中心在停電期間仍能正常運行。成功獲得這些合同突顯了OCk在數據中心板塊的強勁地位以及通過端到端基礎設施和連接解決方案推動戰略營業收入的能力。
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.
分析師對OCk Group的前景保持樂觀,RHb證券經紀公司維持買入評級,目標價爲0.82令吉,上漲40.2%。這家公司的端到端能力和最近的合同獲得支持了積極的前景,預計FY25核心收益複合年增長率(CAGR)爲19%。此目標價包含了OCK的ESG評分爲3.1(滿分爲4分)時的2%溢價。同樣,Kenanga重申其OUTPERFORm評級,目標價爲0.86令吉,反映了這些合同對FY24和FY25盈利的預期貢獻。
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.
最近的合同獲得將OCk傑出的數據中心電源解決方案訂單簿提升至超過5000萬令吉。這包括Iskandar Puteri的主要數據中心的項目,展示了這個集團在獲得和執行重大電源解決方案項目方面的能力。分析師估計這些合同將對FY24和FY25的盈利貢獻約3%。驅動馬來西亞數據中心板塊認可的投資增加,這方面的巨大投資來自超大規模公司,OCk有望進一步從中受益。
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.
除了電源解決方案合同,OCk還在爲數據中心推進光纖網絡連接項目。這與該公司拓展其在數據中心板塊的角色的策略一致,特別是在國內市場預計於2024年創下新紀錄。該集團的招標項目簿價值超過50000萬令吉,包括電信網絡服務和數字領域的各種項目,進一步鞏固其增長前景。
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.
管理層的樂觀情緒延伸到OCk Digital,這是公司新成立的數字化部門,預計在未來兩個財年內實現三位數的營業收入增長。該部門擁有3,000-4,000萬令吉的招標項目簿,主要涵蓋政府和企業相關的工作。