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Overview
Financial Highlight
HeadlinesBusiness Background Opcom Holdings Bhd is a Malaysian based investment holding company engaged in the manufacturing of fiber optic cables and cable-related products. The business activity of the group is functioned through Manufacturing, Trading and Engineering Services, and Other Operations segments. All the operations are functioned through Malaysia and it derives the majority of revenue from Manufacturing segment which includes fiber optic cables, systems, accessories and thixotropic gel. The company also provides management related services. In addition, the firm is also involved in trading of cable filing, flooding compounds and industrial products, and provision of engineering services.
  alvin5588 Desmond1996, Mukhriz big chance to drop Menteri Besar.. https://www.kwongwah.com.my/20200512/%e5%90%89%e5%b7%9e%e6%88%96%e5%8f%98%e5%a4%a9-%e4%bc%a02%e6%95%8f%e6%b4%be%e8%93%9d%e7%9c%bc%e8%ae%ae%e5%91%98%e5%b0%86%e9%80%80%e5%85%9a/ 12/05/2020 11:12 AM alvin5588 https://www.thestar.com.my/news/nation/2020/05/12/as-kedah-govt-set-to-fall-parties-hold-flurry-of-meetings-press-conferences?fbclid=IwAR0UUGwWvaavfh2C6hSbpc2nGz5NuXu1sxu7Elgfh0BCvm4MZmGNwFZicMI 12/05/2020 11:19 AM  calvintaneng Whoa looks like Opcom going to break 60 sen again Redtone is now the laggard Worth considering as Redtone the laggard now a discount 12/05/2020 11:33 AM alvin5588 https://www.orientaldaily.com.my/news/north/2020/05/12/340300?fbclid=IwAR2ELtwwumMPmlSKZXw8LYRTgFtxFiOQP-nXR5pwIAKxaz657Wdm4VRfotU 12/05/2020 12:37 PM Woodswater Date Tender Title Tender Advertisement Tender Summary 12/05/2020 TENDER FOR THE SUPPLY AND DELIVERY OF MOBILE 5G TEST GEARS FOR TELEKOM MALAYSIA Eng | BM Key Summary 12/05/2020 AMENDMENT: REQUEST FOR INFORMATION (RFI) FOR ENHANCED REQUIREMENT FIBER OPTIC CABLE Eng 04/05/2020 AMENDMENT: REQUEST FOR INFORMATION (RFI) FOR UNIFIED CLOUD COMMUNICATION 12/05/2020 3:23 PM Woodswater https://klse.i3investor.com/m/blog/kianweiaritcles/2020-05-11-story-h1506996822.jsp 12/05/2020 5:46 PM iskandar5156 you run..we stay until being reward handsomely..lets c who will be the loser 12/05/2020 6:25 PM Chin1988 Opcom can award TM project? I bought on 70 cents...still thinking whether want cut loss 13/05/2020 3:43 PM Mikecyc Opcom will not benefiting from NFCP : NFCP evolvement and Inplementation : 1.) Jan2018 a) KUALA LUMPUR: Tenaga Nasional Bhd (TNB) has received several proposals from third-parties which are keen to help deliver the government’s Nationwide Fiberisation Plan (NFP). The NFP, which is undertaken jointly by TNB and Telekom Malaysia Bhd, is aimed at expanding high speed internet access nationwide and bring down cost of the service. b) On Tuesday, TNB and TM inked a memorandum of understanding to jointly develop an implementation plan to deliver the NFP. 2.) July 2018 a) KOTA KINABALU: Malaysia may replace the previous government’s Nationwide Fiberization Plan (NFP) with the National Connectivity Plan (NCP) so more people will have Internet access throughout the nation, revealed Communications and Multimedia minister Gobind Singh Deo. Gobind said the new government plan will combine fibre optic and wireless connectivity to solve the fibre optic dependent NFP (2017-2019) hiccup. He added the existing plan involved pulled fibre optic issues as it cannot easily be planted in the challenging topographical makeup of rural Malaysia, which hinders or limits the continuous internet connectivity area penetration goal. “To me, fibre is an important thing. We must stress fully on laying of fibre but at the same time, we must also understand that fibre might not reach (rural areas) because of what is called as the ‘last mile’,” said Gobind when making his first official visit to the Sabah Communications and Multimedia (KKM) Building in Kepayan here yesterday. b) “In my ministry, we have SKMM (Malaysian Communications And Multimedia Commission) and under SKMM, we have an Act that mentions the need for all “TELCOS” to make payment or contribution to a fund annually. The fund is known as USP (Universal Service Provider) Fund. The fund is intended to help with infrastructure construction, especially, in the rural areas so there is connectivity in those areas. c) KUALA LUMPUR (July 23): Telekom Malaysia Bhd (TM) and Tenaga Nasional Bhd (TNB) have terminated the Memorandum of Understanding (MoU) signed by the two groups to jointly develop an implementation plan to deliver on the government's Nationwide Fiberisation Plan (NFP). TM initiated to terminate the MoU. 3.) 2019 a) NFCP Plan is implement . >>>>>>>>>> Opcom 4 FY revenue and Profit /Loss: FY 17 ( April 2016 to March 2017 ) : Revenue = 93 million , Profit = 7.2 million FY 18 : Revenue = 104 million , Profit = 6.7 million . FY 19 : Revenue = 75 million , Profit = 0.5 million . FY 20 (2Q) : Revenue = 23 million , Loss = - 1.5 million. Notes: After TM n TNB MoU is terminated on July2018 , Opcom FY 19 Revenue and Profit drop drastically. ## FY 20 is getting worst with 2Q revenue = 23 million and a Loss of -1.5 million. ## Co founder Chhoa Kwang Hua sold all his shares on May2018 , price up from 35 sen in April to 90 sen in May2018 . Let’s see Q3 result by this week ...... Update : Q3 with lower revenue, Loss rm 599,000. 16/05/2020 10:51 AM Mikecyc TM Chairman is changed with Former 1MDB Chairman, this will affect CEO whom is backed up by previous Chairman whom rejected the Finance Ministry approved CEO candidate under Tun M directive. Is not good to Opcom??? 16/05/2020 10:52 AM Mikecyc KUALA LUMPUR (April 9): Omesti Bhd has bagged a contract worth RM95.59 million from Telekom Malaysia Bhd (TM) to build a new business support systems (BSS) platform. BSS are the components that a telecommunications service provider uses to run its business operations towards customers. The BSS platform supports 5G, a major enabler for digital transformation and the full implementation of smart, inter-connected solutions. Omesti said the new platform will deploy Huawei Technologies’ BSS technology for the roll-out of a state-of-the-art integrated Customer Relationship Management and Billing Systems architecture. Omesti was recently confirmed as the authorised system integration partner by Huawei Technologies and has also been authorised as a reseller of Huawei software, giving access to the technology giant’s extensive portfolio of cloud and IoT solutions. 16/05/2020 10:53 AM Mikecyc 2018 is NFP , see FY 19 Revenue and Profit is decreased even with broadband installation contract in May2018 . 2019 NFCP getting worst , Revenue is decreasing a lot and 3Q is at Loss . 16/05/2020 10:53 AM Mikecyc Tun M 1 son co founder sold half of his shares, 1 son resigned from all positions. Co founder Chhoh sold all his shares at 2018 and resigned on 2019. 3 other Directors also sold shares in 2019 . 16/3/2020 General Manager - Finance is resigned ... 16/05/2020 10:54 AM Mikecyc Dura- Mine will be benefit from NFCP also : In this case Dura will be benefited as a TM registered 100 % local Bumiputra company under Vendor Developement Program. Definitely local manufacturers will be benefited . As read Dura factory land is 8 acre , Opcom is 10 acre. I had a query why Opcom revenue and profit is reduced in FY19 under NFP , further to 3Q FY20 is at loss under NFCP. X Throughout the years Dura-Mine Sdn Bhd has collected numerous awards for our outstanding achievement in manufacturing, innovations and business excellence. 2007 Telekom Malaysia Innovative Company Award 2007 Telekom Malaysia Best Entrepreneur Award 2010 Telekom Malaysia Innovative Company Award 2010 Telekom Malaysia Best Entrepreneur Award 2010 Telekom Malaysia Best Manufacturer Award 2012 SME Best Brands Awards (Manufacturing PVC Pipes & HDPE Pipes) 2012 50 Enterprise Award 2013 SME Best Brands Awards (Manufacturing Optical Fibre Cables & Conduits) 2013 Asia Entrepreneur Of The Year Award 2013 Power Brand Award 2015 Europe Business Excellence in Investment & Innovation Award (UK & EU) 2015 The Biz World – World Business Leader Award (USA) 2017 Selangor Excellence Business Award 2017 (Excellence In Industrial Manufacturing) 2018 SME 100 Awards 2018 SIRIM- ICC Award 2018 Ministry Of Entreprenuer Development -Regional Champion Award 2019 Telekom Malaysia -Acknowledgement Regional Champion Award 2019 SME Best Exporter Award 16/05/2020 10:54 AM davidkkw79 When last time pakatan won, Opcom limit up like no tomorrow. This time is reversal situation pakatan lose, I think opcom might down to 10 sen. 17/05/2020 8:11 PM Woodswater https://www.orientaldaily.com.my/news/nation/2020/03/16/331327 Show is about 2 start soon. 17/05/2020 9:15 PM calvintaneng Whoa so many attackers Calvin will buy now because going to be bargain? 18/05/2020 8:52 AM Woodswater https://www.theedgemarkets.com/article/saifuddin-govt-boost-digital-connectivity-revive-economy 24/05/2020 1:36 PM  | |
