On 22nd April 2009 OPCOM Received An Award of Projects from TELEKOM
A Whopping Rm359 Millions to supply Fiber Optic Cables.
On the day of announcement Opcom share price leap frogged from 40 cents to cross 60 cents. It almost went Limit Up!
Initially, the next quarter result was unimpressive at only 1.42 cents. However, every quarterly results from then on were good:
These are the results after Rm359 Project Award
29/5/2009.................................................... 1.42
31/7/2009................................................... 2.21
25/11/2009................................................ 1.56
24/2/2010............................................................2.37
26/5/2010............................................................1.30
28/7/2010............................................................3.03
10/11/2010.........................................................3.95
25/2/2011,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,4.99
27/5.2011...........................................................3.73
20/7/2011...........................................................4.21
22/11/2011.......................................................2.95
On November 22nd 2011 OPCOM proposed a Special Dividend of 22.5 cents.
At the Announcement of 22.5 cents Special Dividend OPCOM Share Price Jumped Over Rm1.00. After after ex dividend of 22.5 cents (tax free) Opcom again declared another 10 cents dividend to the rejoicing of shareholders.
The Same Scenario Will Be Repeated Again
OPCOM Has Already Received RM272 Millions Award
So The Bird is Already in Hand.
Expect Opcom next few quarter results to be spectacular
Then Growth Investors Will Join Value Investors.
Have a nice day!
Regards,
Calvin
Note carefully The Progress
VALUE INVESTORS WILL BUY OPCOM FROM 70 CENTS TO 90 CENTS
90 CENTS IS THE INTRINSIC VALUE FOR OPCOM
GROWTH INVESTORS WILL CHASE OPCOM FROM 90 CENTS TO RM1.20
MOMENTUM TRADERS MIGHT PUSH OPCOM FROM RM1.20 To RM1.50
WHO KNOWS AFTER THAT WHAT MIGHT HAPPEN?
GREATER FOOLS AND SOR CHAI MIGHT CHASE OPCOM TO RM3.00? RM5.00 OR RM10.00?
So Please Invest Carefully.
FOR NOW OPCOM IS STILL A GREAT VALUE BUY!
Created by calvintaneng | Aug 30, 2024
Created by calvintaneng | Aug 30, 2024
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