Hi guys,

This Stock market rout is the time to buy NFCP Related Stocks now

Why Is It So?

THESE ARE SOME VITAL FACTORS

1) NFCP FIBERISATION WAS THE BUDGET THEME OF PH GOVT LED BY TUN DR MAHATHIR. And Pm Muhyiddin has said he will continue with the Planned Budget

Since It Was Budgeted with 2 Years Savings The Funds of Rm21.6 Billions have been Set Aside

Rm10.8 Billions already allocated to Telekom 

As shown be Telekom Tenders they are in progress

THE ABOVE TENDERS ARE FOR MARCH 2020 (AFTER PM MUYHIDDIN APPOINTMENT AS 8TH PM OF MALAYSIA

ALMOST ALL ARE RELATED TO NFCP IN ONE WAY OR ANOTHER

SO GOOD FOR OPCOM, REDTONE, BINACOM, NETX AND SACOFA

A WHOPPING RM10.8 BILLLIONS FOR TELEKOM TENDERS

2) NFCP1 ANOTHER RM290 MILLIONS

INCLUDED IN ITS TENDER AWARDS ARE MAXIS AND REDTONE. BINACOM SERVES MAXIS WHILE REDTONE OWNER TSVT IS ALSO OWNER OF UMOBILE

AFTER EDOCOT & FGV HAVE BUILT THEIR TOWERS THE NEXT STAGE WILL INVOLVE FIBER INSTALLATION BY BINACOM AND REDTONE

SO THESE ARE ALREADY ONGOING AND IN PROGRESS

PUTRAJAYA (Feb 3): Construction of new communication towers at 152 locations in 93 mukims throughout the country to provide 3G and 4G cellular services under the National Fiberisation Connectivity Plan (NFCP), will commence in the middle of February, said Communications and Multimedia Minister, Gobind Singh Deo.

He said the project is the NFCP 1 initiative undertaken by the Malaysian Communications and Multimedia Commission (MCMC) to improve digital infrastructure in areas that have no or limited access to 3G and 4G coverage.

NFCP 2, meanwhile, involve plans to build new communication towers in at least 500 locations in 210 mukims throughout the country to provide 3G and 4G coverage, he said. 

"This project (NFCP 2) is expected to begin in the third quarter of this year,” he said at the Minister's Message event at the Communications and Multimedia Ministry here today.

NFCP 1 (first phase of the NFCP)  involves eight states — namely Johor, Kedah, Kelantan, Negeri Sembilan, Pahang, Perak, Terengganu and Sabah, while the second phase (NFCP 2) includes two other states — Melaka and Sarawak.

Gobind said MCMC was also working with the Ministry of International Trade and Industry (Miti) and the Malaysian Investment Development Authority (MIDA) to provide high-speed broadband coverage with speeds of up to 1Gbps in 37 selected industrial areas.

This project is part of the NFCP and INDUSTRY4WRD initiative that is expected to further spur digital economic activities in these areas, he said. 

Launched by Deputy Prime Minister Datuk Seri Dr Wan Azizah Wan Ismail on Sept 19, 2019, the NFCP is a five-year plan (2019-2023) aimed at providing digital connectivity that is sustainable, comprehensive, of high quality and affordable for the wellbeing of the rakyat (people) and progress of the nation, besides preparing Malaysia to face the Fourth Industrial Revolution (IR 4.0)

"Overall, the cost of implementation of the NFCP is estimated at RM21.6 billion for the five-year period and is expected to generate 20,000 job opportunities for the rakyat," Gobind added.

NOTE AGAIN

"Overall, the cost of implementation of the NFCP is estimated at RM21.6 billion for the five-year period and is expected to generate 20,000 job opportunities for the rakyat," Gobind added

NFCP IS TO GIVE NEEDED JOBS TO RAKYAT IN RECESSIONARY TIMES LIKE NOW

3) WHEN TUN DR M WAS INTERIM PM HE AGAIN ALLOCATED RM3 BILLIONS FOR FIBERISATION JOBS FOR NFCP 2 TO NFCP6

LOTS OF CONVERSION FROM COPPER LINES TO FIBERS ARE PROPOSED

ANOTHER POTENTIAL WINNER OF NFCP IS OMESTI WHICH JUST HAS A JV WITH HUAWEI

ALL THESE SHOW THAT FIBERISATION THEME IS STILL ONGOING

Second: Malaysian Communications and Multimedia Commission (MCMC) will implement up to RM3 billion on works related to the National Fiberisation and Connectivity Plan (NFCP); 

Read full text speech https://www.nst.com.my/news/nation/2020/02/569732/2020-economic-stimulus-package-full-speech-text-english

4) TUN DR M's ADVISER  AGAIN CALLED ON PM MUHYIDDIN TO TAP INTO RM400 BILLIONS TO HELP IN THIS TIME OF COVID 19 CRISIS

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PETALING JAYA: The economic advisor to former prime minister Dr Mahathir Mohamad has called for a bigger stimulus package to deal with the impact of the Covid-19 pandemic.

Muhammed Abdul Khalid said Putrajaya could focus on three areas:

• aid to the self-employed and lower-income workers;
• reduction of income tax and easing of loan repayments;
• allocate RM10 billion for food production.

The government should help the self-employed who have lost their income and channel aid to employees who earn less than RM5,000 a month, a group which was made up of 72% of the nation’s workforce.

The aid could be in the form of RM1,000 in cash for the self-employed or a RM1,000 salary subsidy for every employee to ensure they are not retrenched.

“It can be implemented for three months beginning April and this will cost RM26 billion,” said Muhammed, a trained economist.

Corporate tax and income tax should be reduced while banks and financial institutions can lessen the loan burdens of individual customers for a few months.

He said the decision to allow for tax payments from small-medium enterprises to be postponed under the stimulus package was insufficient, as many would fold, causing long-term negative impact.

“Based on a conservative estimate, if 10% of SMEs were to close shop, it would see one million lose their jobs. And this must be avoided.”

Muhammed called for a huge increase in the allocation for food production.

An allocation of RM1 billion in an agrofood facility provided by BNM had been announced in the government’s first stimulus package. The amount should be increased to RM10 billion quickly to spur food production, especially for the domestic market.

He said the government already spent over RM50 billion annually to import 25% of the nation’s food supply. The Covid-19 crisis was bound to affect food production in the country. “We must ensure that we do not starve,” he said.

Muhammed said the government could afford to dip into the country’s reserves to finance the stimulus package.

He said it was a matter of survival, and the government should not worry about doubling the fiscal deficits or facing negative economic growth.

There would be no point having a healthy fiscal regime if the country is in chaos, he said.

He called on the government to dip into its reserves of more than RM400 billion to spend on the people.

SO IN STEAD OF CALLING OFF NFCP OR CUTTING BACK NOW IS THE TIME FOR PN GOVT TO ROLL OUT ALL PLANNED STIMULATION JOBS TO SPUR THE ECONOMY

THIS WAS WHAT HAPPENED TO USA UNDER PRESIDENT ROOSEVELT WHEN PRIVATE SECTORS CANNOT PROVIDE JOBS DUE TO THE COLLAPSE OF THE ECONOMY GOVT MUST STEP IN TO DO INFRAR WORKS TO PROVIDE EMPLOYMENT

BEST REGARDS

Calvin Tan Research

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