50m vehicle x 4 a mth

Angie they do better, they manged it, so recurring income and stake too!

Do you have difficulty to update comments thru mobile?

Ask not every govt officer or even ministry know, consider yourself got this privileged : )

No system is 100% fool proof, there are weakness. But with 10B potential saving they definitely will do. If they don't Malaysia will kaput before next GE : ) they won last G.E because of 2 factors ; Security/stability and economy. So GST and subsidies rationalise program a must.

They have several option, but they choose Mykad solution . Dsonic has the expertise and access. Try withdraw your money from Bank without Mykad : ) not ATM lah. Foreigner has to pay RM2.80 for RON95.

She indonesia : ) wife. Dato transfer or sold half to Mr Chew, probably part of mgt deal between them. Normal biz deal.

They transfer share between 2 of them.Datin is Dato wife.

Ask, I hold this stock for last 2 yrs, thank god, so far I never wrong. You can read all my posting and cross check : ) , This stock is to hold till next general election, they have many big project that they going to get. This is not ordinary IT company. I give the same advice as you are my sister/brother. : )

I said they got the petrol card already, forget the rest. : ))). The petrol card will give them at least another 1B market capitalisation. It will happen sooner than you think. Stop worrying! start enjoying!

No they just get a fee

Where the 9million? People buy and keep.

After slightly not so good news. Still not droping, meaning people with knowledge are buying.

Ask you banyak pandai. : ) ,

90% they will use the method i explain earlier. It involved petrol vehicle as well as soon as possible. Imagine 20sen reducion on sub they save 3Billion. By the way govt changing all old mykad to new mykad due to security. This already in the news.

Lotusf1, easily RM60M net profit. From just this 4M card only. Other cards, passport etc are not included. Their Q2 will be a bomb! Compare to RM13M in Q1.

http://www.bernama.com/bernama/v7/ge/newsgeneral.php?id=1043025

This one give date of implementation Sept 1st.

http://www.theedgemalaysia.com/business-news/292380-rhb-research-downgrades-datasonic-to-neutral-fair-value-rm408-.html

Hik! what they know what coming. Even they know they can't say it until it official, by that time insider bought already.

P.S. I am talking about myself, just like malay drama, talking to own self hik!

They drumming the issue. Just like a great show, the louder the sound of drum mean the sooner the show will start.

Read Utusan (online cukup cause that paper is crap) , they actively spearhead the issue. It to educate, gathering support and at the same time softening the ground; to avoid shock and resistance : ) hik!

You don't want to miss, by the time you wait you could pay 30% more before it shoot. And at that time you are not sure; to joint bandwagon or want to wait for next correction. Ha ha! With bogeyman around telling you P.E. , chart this and that, zig zack pattern, etc - more confuse! You, like the rest of you life.....remain as spectator and commentator. Better watch world cup.

Ravi that correct, as they need time to roll out the plan. But the contract will be given NOW! Usually company need 4-6 mth to do it. I suspect roll out after budget.

Chartmaster, petrol and diesel price, determine by income bracket of each Malaysian, thru declaration/income tax. They will do registration same way as Brim exercise. It does not matter what car you driving.

Once set, you are given a certain limit of petrol/diesel you can buy at certain price, above that limit you have to pay higher i.e first 150Liter you pay RM2.20, 151-250L- RM2.50, 250L above - RM2.80 (actual petrol price without sub). It work like how you pay your current TNB bills. I do not know the actual rate but the above is an example only.

Transaction is recorded in Mykad as well as at server. I guess they choose this so you can do off or online transaction without problem at point of service.

I expect a lot of people will change their Mykad soon, as they realise their first generation Mykad might need to change (if they are defect). More biz!

The above info show how they could possibly do, they might change or modify.

Ask with the win of T. Intan, they will implement it even faster. Soon they will be ressuffle of cabinet as well.

Unless you can come out with sound Analysis, then this forum will be more interesting. Don't worry another investment bank will cover Dsonic and will do their Analysis soon.

Petrol card system all ready in place. Each person will be limited to certain number of Liters in a mth, above that govt will not or reduce the subsidy. Pos Malaysia will do the registration, similar to BRIM exercise, each tax bracket will have to pay different price.

Are we agree to it? Surely No! But govt in strong position to implement. What can opposition do to block GST? Nothing.

Salman, RM4 resistance actualy is a weak resistance. Once Wall street and confident are there. I should not be a problem to chart new high.

Resistance above 4, is not strong. When it when up late March, is just for few days ; up and down to be specific 3 or 4 days. The day it peak, volume less than 10M, if you assume 50% still hold on to it then it represent 5M share as a resistance. To be prudent say 5M each day for 4 days; 20M share and that is not much. The volume when it break 3.60 last week is above 10M

Recent correction and consolidation is good, provide stronger base; investor who has seen worse and still has power of holding.

Sometime like running, change of baton, new runner has more energy. As I see mostly new people here in this forum. Ufis good comment.

If you think PE 25 is high in this bulls market then you will miss stock like eco with PE 88. : )

T3 effect only happen when 1.Market are not bullish 2. When there are no price movement. I believe those buyer are not all contra kaki as it now difficult to buy this stock on contra and even there are, they are many opportunity for them to exit, past few days.

I bought 50% on friday and another 50% monday. Whatever direction does not matter; the fact people will buy. Do you think you can get 3.60? I will buy first.

People mainly value stock with P.E, current or forward and not by your gut feeling or and other subjective factor.

Co. which just won't lucrative contract or start producing result will have different value, be it 6mth ago, 1year ago.

Like any other biz, you need to speculate too. That call investment.

Investment 101.

Bye bye suffering April, welcome great May!
Those who sell in May, eat your heart out!
S & P 500 hits new high!

People will fight for bonus and contract announcement. I bought because I know Q1 result will no effect to current price; 1. Investor was inform earlier by RHB, no surprises and current price already factor in. 2. Minimal reduction from forecast with valid reasons; basicly just an accounting treatment 3. I see people hold their share closed to their chest :) , unable to get it at lower price ; low volume show people unwilling to sell lower than current price. So with no guessing games on Q1, people will focus on contract and corporate exercise e.g. bonus issues etc.

Agree on Lotusf1, price already factor in. Investor hold on their share for bonus and contract. I bought it today, as I know the result has no effect. Bullish for next few days.

The TP is still 4.08 but I did not agree on that, I feel they overlook should revise upward.

If you follow TP is fine but you are one steps behind. Those who can spot opportunity first will profit more.

Datasonic is set to release its quarterly results by end-May. We expect core earnings to come in at MYR12m-14m, ie 12.2-14.3% of our full-year forecast. We see this as a temporary blip, given that it only secured the MyKad contract extension in late April. We believe numbers should pick up substantially come 2QCY14, as we expect the group to deliver 4m MyKad copies by June.

Maintain BUY with FV unchanged at MYR4.08.  Potential blip in earnings. We expect Datasonic’s January-March quarterly core earnings to come in at MYR12m-14m, ie 12.2-14.3% of our full-year forecast. This may seem below expectations at first glance, but we see this as a temporary blip as the group only secured a tenure extension of its outstanding order of 4m MyKads in late April. Note that these 4m identity cards were supposed to have been delivered by 31 Dec 2013. Given that the extension was only approved in April, we believe physical deliveries of the cards in January-March would have been slower at an estimated 1.1m-1.5m for the quarter. Nonetheless, we expect numbers to pick up come 2QCY14, in order to deliver the outstanding 4m MyKad copies by 30 June. 

Bonus issue to be completed by June. Its proposed 1-for-2 bonus issue is expected to be completed by 11 June. Upon completion, Datasonic’s outstanding share base would increase to 1,350m (from 675m). This, in our view, should help to further improve trading liquidity by enticing participation from retail investors in particular. 

Risks. Datasonic’s provision of MyKads and national passports’ photo-pages should contribute to over 85% of its earnings over the next two years. While we do not deny risks of earnings concentration over these two contracts, we believe the group should gradually diversify its earnings base over the medium to longer term. 

Maintain BUY. No changes to our forecasts, as we expect earnings to pick up momentum come 2QCY14. Hence, we are maintaining our BUY recommendation with our FV unchanged at MYR4.08 (or MYR2.72 ex-bonus). This is based on a 25.0x CY15 P/E.

As I said, it off slightly. TP by RHB still unchange. 1st Q is always like that; difficult, futher more the renewal contract came a bit late and that effect their Q1. But they have additional 4M card that must be deliver in Q2 and that will give them very strong Q2. (20+4M new contract). A lot of people do not know that their passport contract is also significant and can support the co. growth. RHB will revise upward base on this.

As everything is within the expectation, the price is going upward on monday onward. There are other factors why people do not want to sell their share.

Ask do you profit from my tips? you have to buy at 3.76 upward on monday cause people will fight for bonus and other new contract.

No volume today, people not willing to sell at this price.

Market will be active and good in 2half of this year with many IPO due.

Dsonic able to meet forecast with old Mykad contract up to Q1, (they off with less then RM2M).

So for FY2014 and 2015 instead of 10M card as forecast, they got 14M card to be deliver. (4M from previous book order).

I told it before, their 4.08 outdated, they should move upward with new additional Mykad contract. They overlook, I guess they will realise it in Q2.

S&P 500 Top at 1920, New high! Hi hi I told you so!

Winter good. : )

CA wikipedia is good. Bonus issue is actualy real bonus given to shareholder but in form of share; Actual accounting exercise transfering of fund. Split just to make it more liquid, affordable. In summary.

askfor the different just 2M, I think tmr will be bullish. I don't think they will be a drop as the news is no secret. The co smart, they pre-warn market and explain, TP intact.

Binkipoddy i believe ! , surprise ! , but timing I didn't know, ha ha . I said few mth ago, It going to be RM5 before bonus, and it will be RM5 again after that, so that is RM10.

It went to RM4.85 before the TA sabotage,.... so sometime other factor also need to consider. Any way it good stock to keep for next 2-3 yrs, currently the company has not reach their full potential yet.

Lots of investor will wait until the stock start move, in that way they will not stuck a long time in consolidation period. Dsonic broke 3.45, 3.55 in good volume show uptrend.

5w33 I might overlook last yr 1st Q, sorry. tq bro. I am on the move on biz trip.

I don't think they announce it at mtg. I think on 30th thru Bursa, better then last year but fall short from RHB forecast, as I explain last wk.

The same mgt give us 1000% return why we want to shoot? Anyway price is investor perception. Investor are not rational, influence by fear and greed : ) . But no harm to raise our concern, so they work harder for us. So let them know.

only 30k not enough.

Yesterday closing above 3.45, give new direction. S & P closed at 1900. I think trading will move to next band.

2 sen 6sen increase better, stronger base. If you chase and later it didn't move, T4 etc it will fall back.yoyo! Slowly will climb to next level (band) and we closer and closer to RM4. The confident will build up, nobody want to sell 3.30+ already; that why the volume dry prior today.