Highlights

Nexgram (0096) - THE NEW GEM IN HEALTHCARE

Author: MZM2511   |   Latest post: Sat, 24 Apr 2021, 12:30 AM

 

The Competitive Edge of NEXGRAM (0096) in Vaccine Passports and Digital Facilitation Services: THE NEW GEM IN HEALTHCARE

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Nexgram’s healthcare online system / app namely TracVirus and SafeTravelPass has been given approval by several government bodies to use it in Covid-19 screening test by approved MOH hospitals,clinics and other laboratories, quarantine procedures and e-certificate for Covid-19 screening and Covid-19 vaccination

Latest development showed that the vaccine passport and digitalization services by Nexgram was approved and given recommendation by the government to be use via TracVirus SafeTravelPass integration with the Angkatan Pertahanan Malaysia (APM) system, which is TracAPM. This development will give the company a competitive edge over its competitors. 

 

THE COMPETITIVE EDGE STARTED

On 24th March 2021, TracVirus has been approved to use by Angkatan Pertahanan Malaysia (APM) and the system will be integrated in its system namely TracAPM. The TracAPM system was officiated by Prime Minister of Malaysia and the system will be used digitally to process travellers at the KLIA entry point and can also be used to verify Vaccine Passports to be issued by Malaysia and other countries.

 

Source:  https://tracapm.com/

 

Government agencies and private merchants can integrate their processes and services to the TracAPM Digital System, offering travelers international standard of a digital-tech one-stop travel experience. APM will implement and integrate the TracAPM Digital System with Ministry of Foreign Affairs, the Immigration Department Malaysia, the National Disaster Management Agency (NADMA) and other relevant agencies including Foreign Ministry (KLN), Embassies, Immigration (JIM), Ministry of Education (MOE) and other agencies to ensure secure and safe travel in and out of Malaysia.

Source: https://tracapm.com/2021/03/24/safetravelpass-to-be-implemented-to-all-government-official-web-sites-including-foreign-ministry-kln-embassies-immigration-jim-ministry-of-education-moe-and-other-agencies-24-march-2021/

 

 

NEW DEVELOPMENT CONCERNING TracAPM – TracVirus SafeTravelPass

Registration of travellers at International Point of Entry is coordinated by the National Disaster Management Agency (NADMA) and the Malaysian Civil-Defence (APM). The Secretariat will coordinate the registration procedures and logistical arrangements at KLIA1, KLIA2 or any other entrances via air, sea and land throughout Malaysia.

On 29 April 2021, a new directives from Angkatan Pertahanan Awam (APM) concerning Travellers from 40 countries with “Variant of Concern (VOC) SARS-CoV-2” are as follows:

  1. Travellers from 40 countries with VOC SARS-CoV-2 are required to under go 14 days quarantine, and can pre-register for TracAPM  QR Code to experience safe and fast travel check-in and make payment for quarantine fees online at SafeTravelPass (STP), before coming into Malaysia.
  1. SafeTravelPass or “STP” is approved by government of Malaysia to facilitate inbound and outbound travellers entry registration, payment, health test and vaccine verification, verifiable by Malaysia government system TracAPM, operated by Malaysia Civil Defence Force (Angkatan Pertahanan Awam Malaysia, “APM”).
  1. All travellers, including those who did any other alternative payments and quarantine hotels booking can register for TracAPM QR Code at https://safetravelpass.com.my/
  1. SafeTravelPass is an official system provider to be used in travelers entry registration process, and it has more advantages to be used compared to other unofficial system that authorized to be used for the same purpose.

 

Source: https://tracapm.com/2021/04/29/tracapm-to-register-travellers-from-40-variant-of-concern-voc-sars-cov-2-countries-for-14-days-quarantine-and-make-payment-at-safetravelpass-stp-before-coming-into-malaysia-29-april-2021/

 

Based on the directives, we can concluded that for inbound travellers who came across our borders, the recommended system to use by inbound travelers is TracAPM. Another systems offered by other parties can offer their services,  but regarded as an alternative system provider.

TracVirus SafeTravelPass will be in upper hand to cater more businesses relating to Covid-19 screening and testing (included E-Certification for Covid-19 test and vaccination), and also for  quarantine and hotel facilitation because of the system which integrated in TracAPM is only TracVirus SafeTravelPass by Nexgram.

 

WHAT IS THE EXPECTED POTENTIAL FOR NEXGRAM?

The effect of these healthcare services to Nexgram’s  revenue and profitability based on the last  quarter reports showed a great increment. Nexgram revenue increased tremendously in 2QR 2021 by 73.2% mainly due to revenue contribution from the new division (i.e. healthcare) which included distribution of Covid-19 test kits and providing TracVirus Covid-19 related services.

 

The new potential gained by Nexgram’s SafeTravelPass via the directive set by APM will give more boost to Nexgram’s revenue from Covid-19 test kit distribution, Covid-19 E-certification and related services fees such as the fee for hotel and quarantine arrangement services to the inbound travelers. Therefore, I’m expecting:

  1. a big amount of revenue can be generated by Nexgram from services earned from the total of people passing through our borders, especially when Malaysia reopen her border.
  1. the total revenue of  Nexgram for FY 2021 expected to be increased tremendously compared to the last year’s revenue.

As a conclusion, major achievement of Nexgram due to potential increasing in revenue contributed from the healthcare division included the TracAPM - TracVirus SafeTravelPass services, sooner the valuation of Nexgram's share price should be lifted to above RM0.10, and yet the company is trading at RM0.035!.

 

** DISCLAIMER: I wrote this article based on my research from the information reported on the web. All information given should not be considered as an investment advice. Please do your own analysis or consult your qualified financial advisor for advice. All  information is not a buy call or a sell call in any securities transactions.

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  kamalinvestor123 likes this.
 
fongam It had gone through a long hibernation and spring is coming very soon
11/05/2021 10:53 AM
zzzzzzz Tin 0
11/05/2021 12:16 PM
Citadel9999 tin 00000
11/05/2021 12:18 PM
Citadel9999 kosong
11/05/2021 12:18 PM
zzzzzzz Tin 0
11/05/2021 1:50 PM
MZM2511 Tin kosong pun masih ada nilainya brader.
Saya berusaha untuk menyebarkan berita tentang isi-isi yang telah dimuatkan dalam tin yang awak katakan kosong itu.
Kalau ada yang tak betul dan faktanya salah, berikan komen secara baik.
11/05/2021 2:21 PM
OrlandoOilSemiconIoT Recent drop due margin forced selling b4 classification as GN13?
11/05/2021 2:27 PM
OrlandoOilSemiconIoT Can buy or not depends on how long it will b in GN13
11/05/2021 2:45 PM
MZM2511 @OrlandoOilSemiconT. Its GN3 and not GN13.
You better find more infos about this issue. Better get true infos based on what happened recently to the company after the company triggered with MUGC (GN3/PN17 listed issuer) but has been given relief.

There are several developments relating to this GN3 issue up to now, but for me, its non-issue anymore for Nexgram.

Their FA getting better, not triggered any MUGC (GN3 listed issuer) in FY2020 until now and the proposed capital reduction has been approved to make sure Nexgram will be free from GN3 when the company's relief period lasted.
11/05/2021 3:10 PM
MZM2511 OrlandoOilSemiconT Recent drop due margin forced selling b4 classification as GN13?
--------------

I'm sure its not caused by GN3 fear, but it should be related to other issue/issues.
11/05/2021 3:14 PM
OrlandoOilSemiconIoT Banks won't accept GN3 cos shares for margin financing facility so sell 1st b4 trigger

Recent drop looks like forced selling
11/05/2021 3:50 PM
MZM2511 Nexgram tak akan listed as GN3 kerana:
1. Capital reduction telah lulus, boleh membantu kerana tiada lagi accumulated losses dalam akaun.

2. Nexgram's share holders equity on consolidated basis of its shares (excluding treasury shares)
pada QR2 2021 sudah semakin baik dan berada pada 56.27 %. Tiada lagi MUGC baru pada tahun kewangan 2020 sehingga kini kerana Nexgram's share holders equity on consolidated basis of its shares (excluding treasury shares) telah melepasi 50%, dengan itu Nexgram boleh terlepas dari GN3.

3. QR2 2021 sudah positif, harap-harap QR seterusnya positif dan ianya akan meningkatkan lagi
FA syarikat, TIADA LAGI RISIKO GN3 TERUTAMA DALAM JANGKA PENDEK INI.
11/05/2021 3:52 PM
OrlandoOilSemiconIoT Tis is d best case scenario

Other issue/issues sticky lo
11/05/2021 3:53 PM
OrlandoOilSemiconIoT Best case scenario get in n get out of GN3 within 3 to 6 months
11/05/2021 3:55 PM
OrlandoOilSemiconIoT Biar mati dulu lalu hidup kembali
11/05/2021 3:56 PM
MZM2511 @OrlandoOilSemiconT. Sekali lagi saya harap kalau awak rajin awak semak balik betul atau tidak fakta-fakta yang saya berikan berkaitan GN3.

Untuk pengetahuan awak, officially sekarang Nexgram tidak dilist dalam senarai GN3 kerana telah diberi relief. Selepas masa relief, Nexgram akan dinilai semula dan jika ia tiada lagi dikenakan MUGC, maka ia boleh lepas dari di list dalam senarai GN3.
11/05/2021 3:57 PM
MZM2511 OrlandoOilSemiconT Best case scenario get in n get out of GN3 within 3 to 6 months
---------------------
Bukan seperti yang awak fikir ini. Sangat sedikit maklumat yang awak ada tentang Nexgram. Perlu selidik banyak lagi sebelum boleh cakap dan buat keputusan.

Untuk mengurangkan kenaifan anda, kalau rajin boleh baca melalui link di bawah ini tentang isu MUGC, GN3 yang diberi relief kepada Nexgram dan bagaimana berlaku selepas tempoh relief:

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3099172
11/05/2021 4:05 PM
OrlandoOilSemiconIoT Other issue/issues like wat?
11/05/2021 4:17 PM
MZM2511 OrlandoOilSemiconT Other issue/issues like wat?
---------------------
To be frank with you, I think the main issue should be related to the disposal of shares from ICPS conversion by Nexgram's ex-creditor in bulks. If you want a better understanding on this issue, you shall do some research on it. He He.
11/05/2021 4:33 PM
OrlandoOilSemiconIoT Yes... but why now?
11/05/2021 5:02 PM
zzzzzzz Tin kosong
11/05/2021 6:22 PM
MZM2511 POST SAYA KE DALAM GROUP MyEG di I3investor.
MZM2511 Excerpts from: https://klse.i3investor.com/blogs/kltrader/2021-05-10-story-h1565000610-MYEG_ndash_Building_Blocks_Towards_Vaccine_Passports.jsp

.....However, MQ Research’s channel checks among industry players revealed that no tender or request for information has been called so far.
--------------------------------------------------------------

I want to confirm whether this info is TRUE concerning the Vaccine passport services in Malaysia..

Please check these portals as the government has approved their TracAPM systems which integrated with Nexgram's TracVirus SafeTravelPass as their official system for vaccine passport services and other digital services in Malaysia airports and borders.

Sources: 1. https://tracapm.com/
2. https://klse.i3investor.com/blogs/MZM2511/2021-05-11-story-h1565005629-The_Competitive_Edge_of_NEXGRAM_0096_in_Vaccine_Passports_and_Digital_F.jsp
3. https://klse.i3investor.com/blogs/MZM2511/2021-04-24-story-h1564109885-TIME_TO_RATE_NEXGRAM_0096_THE_NEW_GEM_IN_HEALTHCARE.jsp
12/05/2021 12:22 AM
MZM2511 Q1: What is this SafeTravelPass?

All Malaysians and Non-Malaysians (foreigners) are required to register with TracAPM and make early payment for quarantine and PCR test before travel.

SafeTravelPass (STP) (https://safetravelpass.com.my/)

SafeTravelPass is travellers registration, COVID-19 tests and quarantine accommodation arrangement service approved by government of Malaysia. This service is open to both Malaysians and non-Malaysians, to achieve safe, fast and convenient experience for travellers coming into Malaysia. Upon registration and completion of payment, travellers will be provided with the TracAPM QR code that is used by Government of Malaysia for entry verification.

Travellers can make online payment, and Cash-on-Arrival service is provided for government payments upon arrival in Malaysia.

Travellers can register or download mobile application (iOS, Android, Huawei) before coming to Malaysia, or at the Point of Arrival at all borders including KLIA and KLIA2 in Malaysia.

To know more about Malaysia travel information and procedures, visit https://tracapm.com
12/05/2021 9:01 PM
oppstar Have you attend the AGM?
Do you know how much the charge of the register safetravelpass?
13/05/2021 6:10 AM
MZM2511 oppstar Have you attend the AGM?
Do you know how much the charge of the register safetravelpass?
----------------------------

I missed to attend the AGM.
But as I understand, the charge to download TracVirus APP and using the SafeTravelPass is FOC - Free of Charge.

The real revenues for the company which operates the systems are from the related services to the systems related to COVID-19 tests, quarantine accommodation arrangement and other fees or commissions charged to every travelers passing Malaysia airports and borders who use vaccine passport services and other digital services.

ALL TRAVELERS are REQUIRED to register with TracAPM (which was integrated with SafeTravelPass), therefore the SafeTravelPass system The official booking web site for Covid-19 check-in, health test and quarantine facilitation recognise by TracAPM. (Please refer: https://tracapm.com/)

Let us imagine the business opportunity grabbed by Nexgram, as per 2019 statistics, there were around 26.1 million border traffic passing Malaysian borders.
13/05/2021 8:09 AM
MZM2511 @oppstar. To see the real prospects on this businesses to Nexgram, we can see the efforts by Nexgram to strengthen the services related to TracAPM - SafeTravelPass by recruiting more workforce for the jobs. These facts can be seen on this links:

1. https://nexgram.co/job/regional-team-leader-defence-force-sabah-sarawak-johor-kedah-kelantan-perlis-penang-tracapm-angkatan-pertahanan-awam-malaysia-apm/

2. https://nexgram.co/job/executive-digital-customer-experience-live-chat-safetravelpass-tri-g/

3. https://nexgram.co/job/ui-ux-designer-web-app-product/

4. https://nexgram.co/job/director-of-product-development-and-innovation-china-south-korea/

Other new job creation related to Nexgram's Healthcare and IT expansion programs can be read @: https://nexgram.co/career/

NEXGRAM (0096): THE NEW GEM IN HEALTHCARE
13/05/2021 8:21 AM
MZM2511 MZM2511 enhanzcap Even got visitors surely the no is insignificant, won't give much impact to the revenue and profit
---------------------------------------------
Just to give you a scenario about the significant of TracAPM- SafeTravelPass business to Nexgram.

1. Let us assume that for Nexgram's FY 2021, the total inbound travellers to Malaysia will decrease to 1.5 milion only (Assumption done based on statistics from January - September 2020 which was 1.73 mil inbound travelers coming into Malaysia).

2. Let say only 40% of inbound travelers used TracAPM-SafeTravelPass system while traveling into Malaysia. (Assumption done based on the TracAPM- SafeTravelpass started their operations from 24 March 2021). Therefore, the total inbound travelers who use the Nexgram's system accounted in Nexgram's FY 2021 will be 600,000 persons.

3. Let say that the cost incurred to each inbound travelers to undergo PCR & RTK test, quarantine and operations is RM2,945. (Assumption done based on the average cost counted on Malaysian inbound travelers RM1,580 and foreigner inbound travelers (RM4,310).

4. Let say the commission earned by Nexgram is 3% of the total cost charged for every inbound traveler.

Therefore, the total revenue can be earned by Nexgram in FY 2021 from this TracAPM - SafeTravelPass business = 600,000 persons X RM2,945 x 3% = RM53,010,000.


Nexgram's business not solely depended on TracAPM - TracVirus SafeTravelPass related business. It’s also can generate revenue from other healthcare business, namely Covid-19 Test Kits (providing TracVirus Covid-19 related services and distribution of Covid-19 test kits which are approved by MKN/MOH and agreement with MTC), sales of medical gloves and gown (contract with MAPU in Indonesia), sales of plastic's used in healthcare (manufacturing of medical plastic products by subsidiary - Arita Plastic) and another sources of revenue, namely from the RM118 mil Subcontract of the Gua Musang Highway, logistics operation and ICT business.

Therefore, I CONCLUDED THAT MY TARGET FOR NEXGRAM'S FY 2021 revenue WILL BE MORE THAN 100 MILIONS.*

*Note: You can refer my target for Nexgram's FY 2021 revenue in the article in this thread.
14/05/2021 9:00 AM
MZM2511 Therefore, I CONCLUDED THAT MY TARGET FOR NEXGRAM'S FY 2021 revenue WILL BE MORE THAN 100 MILIONS.
--------------------------------------------
Kalau dapat sekurang-kurangnya 40% bisnis untuk Nexgram bagi inbound traveler melalui TracAPM - SafeTravelPass pun banyak dah tu untuk SATU BULAN..........

MAHB catat dua juta penumpang bulan lalu

Pengendali lapangan terbang itu dalam makluman kepada Bursa Malaysia hari ini berkata, pergerakan penumpang antarabangsa dan domestik masing-masing berjumlah 548,000 dan 1.4 juta.

Source: https://www.msn.com/en-my/news/berita/mahb-catat-dua-juta-penumpang-bulan-lalu/ar-BB1gUaXu
19/05/2021 10:28 PM


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