Private wealth is a profitable segment. Unlike consumer end (which hv to burn a lot of money to acquire customers and make small gross margin). Citibank also divested consumer business and focus on private wealth for HNW

I no longer hold gpacket. Just sharing my view. conditional approval is very common in banking and financial services industry. money match, also was operating on "sandbox" for some time before granted approval. And recently the vsure that Revenue invested 25% stake, also just entered sandbox. Kind of like a probation period to proof the business operating model, when all paperwork is already approved.

https://www.pkiconference.com/

Fantastic price for dividend yield %

Summary of FY2021 Q1 report:
* Historically, revenue for Q1 is always the weakest for Smetric.You can check the seasonality from QR chart
* YoY, revenue increased by 730K, loss reduced by 1.26M
* Solutions that saw more than 10% revenue growth are software licensing protection dongles, and PKI. Notably, PKI is Smetric's core business, and it contributed 45% increase in YoY revenue.
* Indonesia was top revenue contributor, followed by Vietnam.
* Compared to a year ago, new markets recognised with revenue are Egypt and Tunisia.

Key highlights to me from business prospect:
* Moving forward into 2021, the Group will continue to focus on its long-term strategy to increase its
RECURRING REVENUE through CENTAGATE Cloud and and SigningCloud

@Geek2020 there was an investor briefing held by SERBADK with some fund managers yesterday

Though i dont totally agree with the optimism that some investing groups have given to msm, but i personally think the recent QR is a very good guidance. Do spend some time reading it through, will benefit your judgement for its fundamental values. Am waiting for 2 QRs to make my decision.

@TedTock Agree. Just have to pay attention to the entry price

I like it that the prospect still reflects MSM's effort to increase sales of higher margin products. That's good

@MarketSifu:

Last QR was Q42020; not 2021

The newly released result, Q1 2021 gives a very good indication to Q2 2021's likely performance.
"During 1Q 2021, there have been high number of Covid-19 cases which result in the continuation of movement control orders to majority of states in Malaysia. These contributed to low sugar demand from F&B outlets which resulted in low sugar offtake from Wholesale and Industrial customers."

Q2 2021 is also experiencing tighten SOP, and some loss of opportunity from Raya festive season due to covid. Very similar to Q1's situation.

I would use 4.43 EPS as the "safety" zone for FY 2021 forecast, to invest in long term. Any positive event from remaining 3 Qs of 2021, would then become the upside opportunity. Those who bought at RM1.50 or below has nothing to worry on its fundamental values.

Q4 2020's revenue = RM163.8M
Q1 2021's revenue = RM142.7M

Q1 2021's profit, is ONLY contributed by one-time income from investing activity (itemised as "other income" in statement) at RM59.5M GPACKET did dispose some of their position from G3.

Without this one-time income, Q1 2021 would be a LOSS of RM40.69M

KLGI

Smetric boss discussed digital signing and national digital ID https://www.theedgemarkets.com/article/adoption-national-digital-identity-more-timely-ever

tekan tekan...

@OG_trader I am also patiently waiting at 0.16 haha.. thought it would happen in the first 15min

@za122831 already can fly after it broke 0.18 few days ago. because there isn't any ghost living from previous height of 0.18. only long term holders like myself and new comers. if most new comers are not playing contra, it surely will fly

No la. Cryptography is a field in digital security, whereby, when implemented correctly, it will actually render a very strong encryption to any form of data. And Smetric is strong in the field of providing cryptography software and hardware solution.

Cryptocurrency relies on cryptography technology, as part of its fundamental.

Imagine this. Smetric is like the tech provider for security ink. And security ink is required in printing of banknote. Just an analogy

@OG_trader news already linked a few up there yesterday, evening prior to mydigital launch.

Smetric boss started giving hints? https://www.thestar.com.my/news/nation/2021/02/18/mapping-out-the-countrys-digital-future

All logos on the mydigital infographic are moving today. Warming before these names are publicly known on news.

I hope it will turn out to be true after the campaign launching.

I saw what Hisehatu mentions. But, it's not an official article yet. I would call it a "speculative" infographic at the moment without backing from official news mention.

Finally... after several rounds, cleared the former 52w height of 0.18. No more desperate ghost, the only way is up up like dataprep

tunggu lah esok mydigital launch yeh

There are a few listed cos doing data centers, a few on financial services software, a few on payment, a few on accounting/erp, but.... there is ONLY ONE on digital security

@Musfaz83 actually makes sense.

From semicon.. to now, finally, software / digital tech

https://www.digitalnewsasia.com/digital-economy/mdec-pledges-unequivocal-support-ensure-success-mydigital-malaysias-digital-economy

In the FY2020 Q4 quarterly report:

The Group is also targeting to commence handover of Yarra One in Melbourne in the first quarter of FY2021. While the construction progress of Yarra One was affected by the “Stage 4” movement
restrictions imposed on the city of Melbourne from early August 2020 to late September 2020, the
Board is pleased to share that Yarra One is now nearing completion and settlement notices are expected to be issued to purchasers in December 2020.

-------------

Which means, the next quarterly report is expected to reflect $$ from a project completion.

Some people collected HUGE amount of tickets below 40sen. This round should last till 55sen at the very least.

@mataitajin We are not far .... though not for good reason in this case right now. My 100 lot average is at 0.48. This counter is testing my patience, holding my significant parts of bullets that can otherwise be put more into gloves ><'...

Keeps repeating since the past few weeks. Whoever queued to sell at 0.16 or below, would regret after a day or two.

@lee_m2020 No doubt. This morning I topped up some at 0.16, also can make day-gain

1130am Someone purchased 1.4 million units of shares at 0.17 !!!

@tiongkeat The exercise price for WA is in 2023 Jan at 0.16. Thus, if you are buying WA today at 0.07, it would imply that the mother share is expected to "worth" 0.23 (break-even)

As such, based on price the market has given to WA, the mother share is now "supposedly" under-valued.

There it is
https://www.bnm.gov.my/-/policy-document-on-licensing-framework-for-digital-banks

RMiT is mentioned a few times in the FAQ document.

Possible to see some spikes next week. BNM has released digital banking framework! https://www.bnm.gov.my/-/policy-document-on-licensing-framework-for-digital-banks

@Leverage Not just digital banking. All the talks about NISS and National Digital ID, the moment when sensitive information is to be stored in local server, PKI is a must to ensure hebat hebat encryption. And Malaysia is not the only country in ASEAN pushing digital ID now

It's already an uptrend stock. Once you doubted yourself and sell at 0.15, you will regret next year

I still believe in my observation last week:

---
rdwidjaya: Flushing programs in progress to weed out most short-term holders so that it can continue above 0.20.

My forecast is, it won't go up too much by end 2020. Max is just hovering and stabilizing around 0.155. Enough to weed out short-term investors. Then only a strong upward.
24/12/2020 9:45 AM
---

And from the trades these 2 weeks, suffice to assume the impatient holders had already either fully exit, or at least by half of their holding. This is a good thing to Smetric's counter. The earlier 0.150 resistance is now moving towards support line. If the new batch of investors are not contra players, very soon will clear 0.175 in Jan 2021.

@hisehatu kpi dan target tahun ni dah capai. jerung dah collected tickets untuk 2021

Another very very good closing. From the volume in second half of today, can safely assume there were accumulations from genuine retail investors. Good sign. If these accumulators are not the impatient type, very high chance this counter will go above 20sen in Jan 2021

If any of you is looking at it today due to its uptrend, and thinking if you could make some quick money by year end, I advise you to put your money somewhere else. This is not the place; unlikely to be. But if you do believe that its quarterly reports next year will start showing revenues and profit contribution from new line of business in digital signing, this is still a good price to enter, including WA

@hisehatu Every year has a trend. Next year's tech trend is digital-everything in financial services. It is silly to spend RM8 for paper agreement courier between 2 parties, not forgetting the gap in turnaround time, when... customer sign up / application submission is done digitally.

Flushing programs in progress to weed out most short-term holders so that it can continue above 0.20.

My forecast is, it won't go up too much by end 2020. Max is just hovering and stabilizing around 0.155. Enough to weed out short-term investors. Then only a strong upward.

This uptrend will be even stronger after new year.

I told you on Monday :)


----

rdwidjaya So you bought from the players at 0.135 on last Thursday. Then today you sold it back to the same group who sold to you, at the same price. Then after Xmas, they collected the 0.135 tickets and selling to .15 or .16, and you will be buying at .145/.15 again from the same sellers. Think about it.
21/12/2020 10:30 AM

After KPKT's online lending (which permits use of digital signing for lending contract), there are more initiatives https://www.theedgemarkets.com/article/after-singapore-awards-digital-bank-licences-all-eyes-now-malaysia that would materialise digital security and signing needs.

@freetospeak don't curse the IBs la. Actually, without IB, there will be no one who buy our tickets, there will be no opportunity to buy low and sell higher. Because, ikan bilis like us always want to buy low sell high. If everyone wants to be like this... how is going to buy higher? Everyone just wait for lower.

Thus, shorting, market making, all are part of the ecosystems. We get chances to sell higher when the time comes; at the same time, we must also accept there are time we get some heart attacks.

Volume of 2+ million at 0.13 is very good for small-cap counter like this. It means:
i) most of the investors in this counter are strong believers in smetric's value in the long term, and holding tight. not dumping
ii) still there are willing buyers (some of the volume is not small)

cyclical play.
Big funds already done their window dressing for the year when recovery stocks were at peak few weeks ago.
O&G and vaccine both tenggelam for retail investors.
What's left for new year's KPI?

I am feeling a very good CNY coming for fundamentalist who hold on to glove stocks :D Not for Xmas not for new year la.. too soon. CNY surely and surely

@Come big funds already holiday lo.. these 2 weeks won't have much upside movements. Ikan bilis don't have enough bullets to bring up in 2 digits %.