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Overview
Financial Highlight
Headlines
Business Background TechnoDex Bhd is principally engaged in the business of investment holding and providing information technology products and related services. The company offers ICT professional services consisting application development service, application support and maintenance service, and vertical solutions and consultation. It also delivers data security, data cleansing and migration services, data warehouse and bi-solutions, and data science strategy services. In addition, it offers property data sales and consulting services to provide value-added services and property information to the financial, real estate, and consumer industry. The majority of the company’s revenue comes from Malaysia.
  Syndicates Placement at 14sen, how the company can convince private investor to buy at this price while the market is doing below 14sen? 26/01/2018 18:40 arv18 Good question. Surely can wallop for less in the open market? But maybe if one buys 49,409,500 shares on open market, the price will rise sharply... Currently the unnamed party paid RM6,917,330 for that block of shares. I'm guessing they anticipate at least 100% ROI within 3 years. 04/02/2018 04:34 Shareholderanalyst If your guy notice, anything takeover by ace group, the company won't perform and stock price won't go up 24/02/2018 14:03 Shareholderanalyst As single largest shareholder , they won't help in value added biz but is being used to invest in expensive share 24/02/2018 14:04 Shareholderanalyst Was told ace raise big fund and promise high return , can believe? Based on their track record , laughing stock . Based on their prospectus , they invested in rubbish company connect, AEMulti never make profit . No exercise, stagnant . How possible they can give 12% return. Unless other biz? Guess !- 24/02/2018 14:06 2017ks Totally agree with you Shareholderanalyst ,if the above company is not manipulated by this rubbish company share price sure have been surge 25/02/2018 16:42 Morebullets hold lah......ia kekal diantara 0.13 to 0.15.....dah beli jgnlah lari..... 14/03/2018 11:55 Morebullets this stock haven't goes to the level of playing contra......rugi pun sikit je. 15/03/2018 14:52 Jasper Coo Very confident stock, good to invest it and then can buy more car HAHAH! 27/08/2018 11:51 Charles_TT Won't go up as issues too many share to new share after injection. Do you think MD Tan so stupid to buy up? 28/08/2018 08:05 Goodluck888 The acquisition for last 2 companies will contributed a profit guaranteed RM7m++? Extremely good news to Tdex. 08/11/2018 08:49 commonsense Hi Kebin, Sorry, I don’t think there will be any good news coming from this company (at least in the near term). The company has been able to grow its revenue exponentially from only RM12.7mil in FY14 to a high of RM56.5mil in FY18. This represent an average revenue growth rate of 45% per annum for the past 4 years. But this revenue growth does not translate to any profit growth to its investors which is the thing that is more important. Actually, the company has never been able to deliver any meaningful profit to its shareholders. In FY17, for example, the company managed to record a high revenue of RM53.5mil and a PBT of almost RM3mil. But in the end, PATAMI or profit to shareholders was only a very small amount of RM450k. Last year (FY 18) the company recorded an even higher revenue of RM56.4mil but a loss of RM2.5mil to its shareholders. 1H19 losses of RM2.8mil are already higher than the full year losses in FY18. If the company fails to deliver any meaningful profit in the 2H19, investors need to expect higher losses recorded for this financial year as well (revenue will still grow though). If you are looking to diversify your portfolio outside of Technodex (due to the weak earnings sentiment of the company), I would recommend you to look at MBMR. MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 5.9x PE (based on target FY18 PATAMI of RM145mil. 9m PATAMI is already RM106mil). PB is low at only 0.5x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17. For FY19 growth will be driven by the still high demand of new Myvi and the launch of the new SUV in 1Q19 and also the new Alza in 2H19. Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. Most analysts have a TP of above RM3 for the company with Hong Leong being the lowest at RM3.13 and Maybank the highest at RM4.18. Good luck. 30/12/2018 17:04  |
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