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Stevent Hee

Author: StallionInvestment   |   Latest post: Wed, 12 Jun 2019, 4:00 PM

 

Who is potential beneficiary related to mykad

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Malaysia MyKad contract is going to end by the year 2019. Therefore, possible MYKAD project tender who have relevant technology should put into watchlist so that toward year end counter moving wild we already know all this upfront.

Below is some of the linkage for your personal study to understand better.

https://www.thestar.com.my/business/business-news/2019/03/26/iris-seen-as-strong-candidate-for-possible-mykad-contract/

Potential Competitor list as below : 

1. MYEG 

2. DSONIC

3. IRIS

4. SMETRIC

 

Recent development related to MYKAD or ID news

12 Oct 2018

All Malaysians may soon have a national digital ID, says the Communications and Multimedia Minister.

Gobind Singh Deo (pic) said his ministry was looking to develop this “platform of trust” in cyberspace to eliminate elements of fraud and cheating.

 

“A plan for a national digital ID is being formulated. This digital ID is not meant to replace the MyKad nor would it be mandatory for everyone,” he said at the launch of the Malaysiakini e-commerce summit here yesterday.

Gobind added that a national digital ID, which is likely to be out by the middle of next year, was meant to provide a “verifiable platform of trust”.

 

“That is not an example of trust nor is it ‘verifiable’.

“In comparison, this is what a national digital ID can offer: You could apply to be a member of that organisation by registering your application using the national digital ID. This would be a trusted and verifiable platform,” said Gobind.

With e-commerce poised to become the largest retail channel in the world by 2021, the minister said there was a need for such an ID.

“If we look at the complaints on e-commerce and mobile phone scams, there is ample possibility of fraud and cheating. We can verify the national digital ID to ensure that it reduces the scope for such crimes,” he said.


Read more at https://www.thestar.com.my/news/nation/2018/10/12/a-national-digital-id-for-all-gobind-plans-in-the-works-to-ease-verification-and-fight-fraud/#RTZDpg7UTdoHSvZd.99

 

Earlier, government were saying petrol subsidy possible going to remove and looking for several way to channel the subisidy to B40 group of peoples.

he government is looking at banking in money directly into the accounts of those eligible for RON95 petrol subsidy, says Domestic Trade and Consumer Affairs Minister Datuk Seri Saifuddin Nasution Ismail.

"One method being considered is maintaining a single price for RON95 at the pumps and the subsidy is banked into the accounts of those eligible for the aid," he said when answering a supplementary question raised by Datuk Seri Ismail Sabri Yaakob (BN-Bera) in Parliament on Wednesday (April 10).

 

He added the ministry would use the Bantuan Sara Hidup (BSH) database to identify those under the B40 category who qualify for the subsidy.

However, Saifuddin noted that only 90% of BSH recipients had bank accounts.


Read more at https://www.thestar.com.my/news/nation/2019/04/10/govt-mulling-whether-to-bank-in-petrol-subsidy-or-issue-petrol-card/#VGJHlrpPWKvjFRC5.99

So, government is looking alternative way to help the BSH. However, one old news that might be interested for your guy to take a look.

https://paultan.org/2014/10/23/petrol-subsidy-distributed-via-mykad-low-income-group-enjoy-current-price-ahmad-maslan/

 

Let cut the story short, some may ask why SMETRIC put into the list. It related to the part of DIGITAL ID and SMETRIC has the ability and the technology to do, so the question is they able to obtain the project from the government. So, SMETRIC is not so much got to do with MYKAD but more toward DIGITAL ID. No one will know who will be the winner, so we try to see how does market react toward this 4 counters base on technical interpretation.

 

Let take a look to existing MYKAD project giving to DSONIC.

TECHNICAL OUTLOOK : 

 

Overall, DSONIC is slowly climbing up but obviously trading interest is reducing as plot in the chart. On top of that, MACD showing some sign of weakening. So, as long DSONIC hold above trend line then it is safe to say it still remain bullish. Once it violate the trend line support, then possible will drop further.

 

2. MYEG

 

 

MYEG and DSONIC do potrait similiar chart pattern which is the shares price trending upward but volume is diminishing. MACD also turn to bearish sign. Need to wait for clearer signal then only can say it form reversal signal to go bull again.

 

3. IRIS

 

 

Price drop like hell and been moving sideway for long time and showing accumulation behavior which you can see it from volume profile.  On top of that, there is research giving coverage on this stock. To know more then click below linkage to understand what is happening.

 

https://www.thestar.com.my/business/business-news/2019/03/26/iris-seen-as-strong-candidate-for-possible-mykad-contract/

 

4. SMETRIC

 

 

Base on Monday closing, it form a technical breakout formation. If the breakout can sustain and continue to be trending upward, base on technical projection, the next resistance should peg at 0.71.

On top of that, there is research house coverage on thie stock for your own reading.

https://klse.i3investor.com/servlets/ptres/50067.jsp

ecuremetric Bhd (“Securemertic”) is the only digital security solutions provider listed on Bursa Malaysia and has caught the attention of Feitian Technologies Co Ltd (“Feitian”) acquiring substantial stake to strengthen business collaboration with a view to increase their stake. Recommend BUY with a target price of RM0.68 based on 20x PER FY19 as per closest related peers.

Securemetric is a regional provider in the digital security solutions across South East Asia (“SEA”) markets namely Vietnam, Singapore, Indonesia and Philippines with in-house technical expertise in securing applications, digital IDs and transactions in the online space with their two-factor authentication (“2FA”), Public Key Infrastructure (“PKI”), centralised authentication management system (“CENTAGATE”).

The emergence of Feitian with an 8.2% stake in Securemetric bodes well for the company as it is also their supplier of key hardware components with a solid working relationship. Feitian is listed on the Shenzhen stock exchange with market capitalization of over RM3.8bn and trading at over 40x PER. The company is also the No.1 supplier of user authentication and transaction security for China online banking. This synergistic partnership would allow

Securemetric to tap into their vast market access and technologies as Feitian has over 800 patents. In addition, this will support Securemetric in tapping regional cybersecurity opportunities in SEA in line with the growing usage of mobile devices in banking transactions. Securemetric balance sheet remains sound and is in net cash position from the IPO proceeds. FY2018 has been a transition for Securemetric as it continues to invest for expansion while revenue and profit has seen a drop due to completion of major projects and listing expenses. FY2019 would see the revival of revenue and EPS surge due to low base and normalise double digit earnings growth FY2020.

Rakuten Research.

 

So, the partnership showing they find a strong and solid partner. On top of that, we forseen more collaboration between Malaysia - China for the next few years. So, will this help to tab into Malaysia Local bank for user authentication and transaction security to compete with GHLSYS or REVENUE in the future? No one know.

 

GHLSYS PE : 50.73

REVENUE PE : 35.93

SMETRIC PE : 202 ( DUE TO COMPETION OF MAJOR PROJECTS AND LISTING EXPENSES as per RAKUTEN RESEARCH)

 

So, the crucial part is the coming quarter will it show stronger earning will be the key to move upward.

Base on technical chart, out of this 4 stocks. 2 will my favourable choice which is IRIS and SMETRIC. 

DOSNIC, MYEG remain into monitoring till showing bullish signal.

 

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免责申明: 以上文章纯属个人意见以及学术性分享,不构成任何买卖建议。在你做出任何买卖之前,建议您和你的股票经纪质询任何投资意见。买卖风险自负

Disclaimer: Above article is for educational sharing purpose. Kindly consult your dealer/remisier for any investment advise before you make any decision. Trade at your own risk. 

 

 

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