Opcom Holdings Berhad is a Malaysia-based investment holding company. The Company is engaged in renting of building and providing management services to its subsidiaries. The Company operates in three segments: manufacturing, which is engaged in the manufacture of fiber optic cables and systems; trading and engineering services, which is engaged in general trading of fiber and other cable production materials and provision of engineering services, and other operations activities, which is engaged in management service and investment holding activities. Its subsidiaries are Opcom Cables Sdn. Bhd., Opcom Niaga Sdn. Bhd. and Opcom Shared Services Sdn. Bhd.
The earnings of OPCOM depends heavily on orders from TM.And the implementation of (HSBB)High Speed Broad Band depend on Market Forces. In The Iskandar Region - UM Land & UEMS both provide HSBB as an added incentive for Property Owners.
You see it is only a matter of time that HSBB becomes a norm for Modern Day Homes. Almost 80% of Offices & Homes are still using the Old Technology Internet Access. Imagine the Speed of A Horse Drawn Carriage & The Speed of A Fast Moving Modern Car.
In Olden Times (50 Years Ago) Almost All Houses & Shops Have no property sanitary systems. We use the "bucket system" in our make shift toilets. Twice a week the "night soil" man would come and clear the buckets of human waste. And every time he does his rounds (usually at mid-night) the entire place would stink we a very foul smell. Those were the days when we had no flush toilets.
Of course no one will tolerate this primitive system of disposing human waste today.
In the far future I think no one will tolerate using slow, slow Internet Connection based on copper wires. Fiber Optic technology is the ULTIMATE - Light to Light - YES INFORMATION IS TRANSMITTED AT THE SPEED OF LIGHT!
HSBB IS THE FUTURE! SO OPCOM HAS A VERY BRIGHT FUTURE FOR MANY YEARS TO COME!
Expect the 80% Using Copper Wires to be Replaced By Fiber Optic Cables! And Vast Territories of Malaysia still not covered by internet access. There is Vast Room For Growth!
xxxvalueCalvin, wonder why u start promoting Opcom, when just a while ago you said buying Opcom is like fiishing in Kenyir dam (as compare to PMC big oceans of the world)?
Both OPCOM and PM Corp are good. OPCOM is a good defense against Another On Coming Financial Tsunami!
Another reason for buying OPCOM is this:
I once bought OKA at 35 cents. OKA provides Drainage system materials for highway and housing developments in Malaysia. As such buying OKA is also like fishing in Kenyir Dam - limited to only Malaysian Market. So I sold off OKA when price crossed 70 cts for a 100% gain. However, to my surprise OKA went on to cross RM1.30.
You see There is Still Vast Territories in Malaysia For Highway & Housing Developments.
So as I reconsider the Vast Undeveloped Area of Malaysia Plus 80% still using Old Copper wire technology for Internet Connection - I think OPCOM still has more room to grow.
Or you can say - Kenyir Dam is still Full of Opportunity for Good Fishing For Many More Years
davidkkw79still believe this poor calvintaneng ? Pls check out opcom latest quarter result, see how bad performance of opcom. The great time of opcom has passed, past is past, don't always bullshit your great pass achievement.
calvintanengDavidkkw79. Go and buy some JAKS. After making your money Go Back To PM Corp or Buy Some OPCOM.
xxxvaluestill accumulating opcom. And this is not based on Calvin opinion...entirely my own.