Earnings accretion. If this program can save the Government as much as MYR9.8bn per annum, as reported by the media, we expect FHSB to be paid at least 2-3% of the potential savings. Pegging a net margin of 40% to potential annual revenues of MYR200m-MYR300m, we estimate that the fuel subsidy program, if it materializes, could bring in an additional MYR24m-MYR36m to Datasonic’s bottomline on a full-year basis.

Far from our estimate hor?

This very bad!
http://anotherbrickinwall.blogspot.com/2014/06/datasonic-pre-determined-for-fuel-card.html

Pav said involved Pos and he is rite, 2 more announcements I blive too bcos he is oway rite! Since rhb tp 2.50, I dun think rhb simply upgrade without black n white is confirmed. Conclude that rbh must ve know somthing, furthermore, tomorrow is Friday, lets go celebrate!!!

Pav, ytd announcement today drop -3sen, 2 more means further drop -6sen? : (

“The national postal company (Pos Malaysia) plans to utilise their logistic strength of more than 700 post offices nationwide to manage subsidised fuel applications from Malaysians.

“Datasonic, meanwhile, will utilise their expertise in smart card (such as secure ID or chip-based credit, debit and bank cards).”

Fuelsubs House had proposed to use the MyKad and Fleet Card as the platforms for the distribution of subsidised fuel.

“The company has also suggested that their mechanisms will not require big funding from the government and can be implemented almost immediately due to the usage of the existing MyKad and Fleet Card.”

The source said the company did not ask to be given total ownership and control over database and confidential personal data for them to manage the scheme.

“They have suggested that the data to remain under government agency, National Subsidy Corporation Bhd.”

see datasonic volume, everybody is waiting..... see myeg and iris, yesterday up, today flat, hihihi, their chance are very slim......

Hahaha, retailer are disappointed:
1. They tot Datasonic already got the project, but not yet, chance is 1/7
2. They tot Datasonic fully in charge, but only 30% of stake
3. They tot today will be limit up, but red color....: (
My opinion
a). Fuel house is the 1st suggest fuel rational project co, the last hand up proposal co, mean they are not hurry, confident of success.
b). Datasonic use partner ship to form this project, add more powerful people in, add more chance.
c). 30% stake only? But Datasonic is the biggest shareholder!
d). 30% is very small, but if let 30% time annual 400m profit is 120m, Moreover is sustainable profit!
e). This project design and hardware support is around 300m.
f). Before Fuel house sdn bhd award Gov letter, fundmanager wont buy in, after that...huhuhu, sustainable income 120m, who can?
G). More Mycard is going to worn, more going to renew.... : )

Pav, who is HKS Primatrix Sdn Bhd, Habibul Rahman Kadir Shah, Datuk Razali Merican Naina Merican and Zaid Kadershah?
I tot is Gov, but I can search only 2 of them are Puncak/ Jaks director .....

faint, red color.........

since no much up, I add more 200,000 share to ride to rm2.50

Pos+Datasonic= Fuel Hous, hahaha, wonder Team.

TWO public-listed companies, Pos Malaysia Berhad and Datasonic Group Berhad, have joined forces in their bid to secure the concession from the government to manage the impending Fuel Subsidy Rationalisation Programme, it emerged yesterday.
http://www.nst.com.my/node/6594

RHB Research upgrades Datasonic, raises fair value to RM2.50
RHB Research has upgraded Datasonic Group Bhd to Buy (from Neutral) at RM2.02 with a higher fair value (FV) of RM2.50 (from RM2.04) after Datasonic yesterday proposed to acquire 30% of Fuelsubs House SB (FHSB) for R10 million, subject to the latter securing the mandate to manage the national fuel subsidy program.

http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/F9509B738F40CB1148257D020038DB3C/$File/Announcement%20-%20Fuelsubs%20House%20.pdf
Pav, how to calculate 30% can contribute how many eps?

semut, i teach u, after dsonic get petrol project, open rhb new report, u can get it learn... : )

IF I say petrol project can make datasonic PE drop to 10, I think those seller will disappear immeadiately!

Pav, what is no. ????

good, can u please post something useful to us? we not interest ur trading record here... : (

PM today 12:30pm has a press report!!

Among the firms, are MyEG Services Berhad, whose executive chairman is Datuk Dr Noraesah Mohamad; Iris Corporation Berhad (one of the directors is Tan Sri Razali Ismail); ICASH Global Rewards Sdn Bhd (its chairman is Tan Sri Mohd Radzi Sheikh Ahmad and one of its directors is Gen (R) Datuk Husainay Hashim) and MOL AccessPortal Sdn Bhd (executive director is Ramlee Jaafar).
http://www.nst.com.my/node/6283

Thanks Pav, I got ur means. : )

"Tidak wajar bagi syarikat asing menyimpan data dan maklumat peribadi rakyat Malaysia mengenai MyKad, baik syarikat swasta mahu pun syarikat asing tidak boleh dibenarkan memiliki sistem yang mempunyai maklumat itu. http://m.utusan.com.my/Dalam_Negeri/20140625/dn_13/Tolak-permohonan-syarikat-luar-Singapura

Pav, is 7 proposals submitted to cabinet, not 2, maybe Iris also include.

CASanji, ur PM is at Sepang...
http://www.nst.com.my/node/6010

Actually our PM 2010 already to want implement using mycard pump petrol, but that time due to some problem cancel. This time, the percent to do it is almost 99%

tomorrow cabinet meeting, let bet and wait, excite than world cup... :P

1. MyKad Good, people reluctant to borrow.
2. Fuel Card, easy to hack, con, replicate
3. Smart Card, high cost.
4. Biometric, high cost.
5. Cash and coupon, low efficiency.
6. Foreign company, Malaysia confidential leak.

The source said each company had proposed to use either the MyKad, Fuel Card and Smart Card as the platforms to plug the loopholes in the current subsidised fuel distribution system.
“Other proposed platforms include Biometric, cash and coupon.
“Each platform, however, will trigger a different impact on the capital expenditure and upfront payment to be borne by the government, ranging from RM200 million to RM1 billion.”
Some companies had also proposed that they are given total ownership and control of their system hardware and database.
“However, this is highly unlikely to be considered by the government due to the amount of confidential personal data involved, especially to the foreign-based and Singaporean companies.”

7 proposals on curbing fuel abuse.
http://www.nst.com.my/node/5872

Pav, I heard from radio, there are 7 proposal send to cabinet regard this subsidy mechanism, are you sure dsonic sure win?

hi, simctgal, you has run quite a long time already, why still need run? 1 month ago run, yesterday run, today run, no doubt tomorrow also has to "run", totally how many share you wan to 'Run"? :)

2 kementerian bincang atasi seleweng diesel.
http://www.utusan.com.my/utusan/Parlimen/20140624/pa_03/2-kementerian-bincang-atasi-seleweng-diesel

Dato sold his share off market at 1.95 , I dun think is a bad news, especially at tis moment, 2xm share is not small portion, the buyer must is serious investor, else who going to deal with 1.95?

Today PM not free, Malaysia dan Tajikistan hari ini menandatangani enam memorandum persefahaman (MoU) merangkumi bidang pendidikan, kebudayaan, ekonomi, sains dan teknologi, pelancongan, sukan serta keselamatan. Dsonic shareholder please wait.....

Sistem aplikasi IT lebih mudah!!
http://www.utusan.com.my/utusan/Dalam_Negeri/20140623/dn_23/Sistem-aplikasi-IT-lebih-mudah

Our PM balik kampung, tapi tidak disclose new petrol and diesel machinesm. :-( still waiting.....

Menurutnya, ia bukan sahaja memantau aspek jumlah penggunaannya, malah paling utama untuk melihat pengawalan agihan yang dilaksanakan oleh setiap stesen minyak tersebut.

from the word "setiap bulan" I know menteri saying datasonic project!!
Because,
1Malaysia Fuel card propose by Icash Global is quota base on weekly....

Pav, tq ur valuable info, i blive u r really good man, u r rite, i invest for my family, that why please dun lead us go holland. U take us ride on dsonic, when our target reach we will turun our own.

Aiyo, scc75 pagi pagi type punya assay kata datasonic hopeless sudah delete again ah? Hahaha, go tell optimus the game is over!

Sistem agihan guna aplikasi IT!!!!

http://m.utusan.com.my/Dalam_Negeri/20140621/dn_02/Sistem-agihan-guna-aplikasi-IT

Scc75, now maybe you can change to topic say "Iris get the petrol project but datasonic not" :-)

Pav, 75 is optimus !!

Pav, ytd ve lagi deal in 1.95

Off-Market Trades, good news or bad news???
http://www.theedgemalaysia.com/personal-finance/293975-off-market-trades.html

budget on friday so wont stir market mood!

ask for why? pls tell me y?

haha, parliment not cabinet.....

scchen75, brother75, why not you say next meeting will be September 2020, as my knowledge, cabinet meeting is weekly hari Juamaat.

350biji@1.60 wah! how?

today Friday no show?

Hope slow slow up, slow slow up, slow slow up...