Highlights

Opportunity Investing

Author: Opportunityinvesting   |   Latest post: Sun, 10 Mar 2019, 5:17 PM

 

Orion - 0079 the next pick from Opportunity Investing.

Author:   |    Publish date:


Orion – 0079

Business

Orion aims to be a major provider of choice for our flagship product, the Computerized Maintenance

Management Software (“CMMS”) by focusing on several key areas, namely product development,

research and development (“R&D”) activities, marketing and human resource development.

Klse Opportunity Investing join link 
https://t.me/joinchat/AAAAAFHxLrQTq-iOb1FKzA

Company Prospect. 

During the financial year, the Group had done the acquisition of ASAP Berhad, a company also involved in the CMMS, to complement the Group’s business and to enhance the Group’s

market share in the CMMS market. The proposed acquisition is expected to improve the Group’s

profitability which will in turn improve shareholders’ value. The CMMS market in Malaysia is still growing. There is increased awareness among the users on the importance of business applications such as CMMS. CMMS is an effective means for increasing productivity via an effective maintenance management

The forecast CAGR for the market size (revenue) of the ICT industry in Malaysia from 2016 to 2020 is 9.5%. In terms of the Malaysian CMMS market, it is at the growth stage of the industry life cycle. It is estimated that the size (revenue) of the Malaysian CMMS market reached RM89.0 million in 2015, representing a 4.5% growth as compared to RM85.2 million in 2014. The market size (revenue) and growth forecast for the Malaysian CMMS market from 2014 to 2020 is shown in the table below.

 

The forecast CAGR for the market size (revenue) of the ICT industry in Malaysia from 2016 to 2020 is 9.5%. In terms of the Malaysian CMMS market, it is at the growth stage of the industry life cycle. It is estimated that the size (revenue) of the Malaysian CMMS market reached RM89.0 million in 2015, representing a 4.5% growth as compared to RM85.2 million in 2014. The market size (revenue) and growth forecast for the Malaysian CMMS market from 2014 to 2020 is shown in the table below.

 

With the acquisition for ASAP berhad, ASAP berhad did give a profit guarantee on the Profit after text which is 7.5 mil per year or a cumulative of PAT no less than 15 mil for 2 year.

After the exercise of the right issue – orion have current outstanding of 598 mil shares in total. If we took 7.5 mil PAT per year divide by 598. We will get roughly 1.25 EPS.
The EPS is yet to include the ORION own revenue and the new contract.

 

Orion announced that the Company has on 22 February 2018 accepted a purchase order from Greystone Capital Sdn Bhd for installation setup for Hadoop for

Insight 4.0 Platform (“Job Awarded”).
The period of the contract will be on 22 feb to 31 July,  the contract will drive the revenue on Qr1 , QR2 and QR3 to increase drastically.

 

For more information you may find us on our telegram channel.

Klse Opportunity Investing
https://t.me/joinchat/AAAAAFHxLrQTq-iOb1FKzA

Conclusion -
The profit for this 2 coming quarter may have a big chances to explode , With the current price 0.12
it will translate to PE below 10 taking count with the Profit guarantee and the prospect of CMMS is bright and just on the growing stage in Malaysia.

 

For technical player -
You may SL on 0.11 as support break 

 

Share this
Labels: ORION

Related Stocks

Chart Stock Name Last Change Volume 
ORION 0.215 +0.005 (2.38%) 15,099,200 

  Be the first to like this.
 


 

327  306  557  720 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 ARMADA 0.185-0.01 
 SAPNRG 0.335-0.01 
 MYEG 1.40+0.07 
 MTRONIC-OR 0.0050.00 
 SAPNRG-WA 0.13-0.015 
 HSI-C5A 0.27-0.01 
 NAIM 1.17+0.14 
 SEACERA 0.340.00 
 IRIS 0.15+0.005 
 PERDANA 0.405-0.005 
Partners & Brokers