39k student in 2022. Around 22k in 2022 represents a 15% from the year prior.
It accounts 47% of total new application. 2nd half year will add as a boost because cross border opened and now they allow student to coming in. Let anticipate the great result soon!

Thanks. Annual report out soon.
Hopefully this time AGM in Nov got big announcement.
Ya good dividend yield at 7.5% based on current market price at 1.07
If based on Kenanaga research of 9 cts. The DY will be at 8.5%
Nobody can give us 8.5% per annum furthermore got good potential growth of this company.

Yes Wei Chong.
One year compound 4times. with current price at RM1.08 at DY of 7.4%
If you put in RM1000 will get RM74 ( Includes compounding quarterly will be at RM78.20
RM10000 you will get RM740.00
RM100000 you will get RM7400
RM1mil you will get RM74k
Above illustration haven't count in the compounding effect
If RM100k you assuming your cost is RM1.08 after 10 years you will have FV of RM208k ( Compounded quarterly) your cost is free after 10 years assuming the price doesnt move up a all.

Attended their AGM. Prospect looks bright.
Hopefully they able to secure two or three big e govt this year after long MCO.

I just used their dividend pay out quarterly and reinvested in with discipline.
Always believing in compounding but takes time. It will grow like snowball eventually. Just a matter of patience. Scicom is definitely a good co without debt and high DY

From the past 5 years, we observed this company after ex- dividend let it drop and collect back aggressively when the dividend was paid.

A few important pieces of information gathered during AGM
1. Co confident to get new e Govt contract in FY2023. So far only secured the small scale e-govt project
2. Cash flow in healthy level and zero debt
3. Revenue hits historical high and profit before tax breaks 10 mil. Dividend share per quarter 2 cts
4. Current workforce 3500. Recently started recruiting back Shopee after massive cut off in Singapore
5. DY of this company @7.5% at current low price at 1.07 and PE only at 11
6. New apps especially Medic Apps to link with Insurance claim and hospital.
7.. Only give out Bonus issuance 1 to 1 once the price hit above RM3 to RM4 as Chariman answered to us during AGM:)
8. Waiting for the announcement of e-govt secured only this counter will turn from unloved to loved., this is the most anticipation in FY2023!!
Happy investing

Anyone going AGM on 21 Nov? If yes all can meet up. Time at 10am Sime Darby Convention centre.

From the annual report. They managed to secure 5 new clients ( FY2022). The 7 eleven is in FY2023.

Scicom secured 7 Eleven.

Time to collect. Just sit there receiving quarterly dividend.

Could you find any co never failed giving you dividend quarterly since 2006. Zero debt , healthy cash flow, high ROE& ROA( double digit since listed) besides Scicom . Furthermore with more than 50 clients in their book.

Just anticipate their e govt projects soon:) after 2 years MCO. Recently CEO& Chairmen purchased their own shares . When insider buy good sign .

Scicom secured largest VAPE in Europe. They start recruiting & published in job advertisement. They immediately need 100 headcounts right now. Thanks to world wide bad sentiment so have chance for me to collect heavily at 1.15

Q2 result with declaration of DPS 2cts . 33.3% up from 1.5cts& retained profit hit 82mil. Sales hit historical high and healthy pipelines will be materialised in Q3&Q4 FY2022. Cash & balance up not yet include money market fund closes above 40mil. Zero debt and DY is at 6.6% based on forward DPS 2x4.

Anticipate their good Q result to be announced this month end.

Overloaded at 1.18

Based on Headcount I believe their Sales will break historical high again . BPO is all about headcount.

Target RM2.5 based on average PE historical & peer group 20x

EMGS is not under Education. It is under BPO. Egovt also go into BPO. Education is just for their internal training. Nothing significant there.

Contract for EMGS is 21 years ( 15+6). Agreement signed on 1st Nov 2012

The system caters for an end-to-end process in the visa processing of foreign students and the EMGS STARS system is fully developed, operated and maintained by Scicom and highly integrated with various government agencies.”

Scicom operated two processing sites, along with associated EMGS and Immigration Department officers, “to offer a one-stop solution in the timely issuance of fully-vetted foreign student passes” within 7 days from 2 to 4 months plus previously .

“Scicom’s role in this process comprises of over 200 staff and payment for all associated operating expenses (payroll, rental, utilities, stationery, etc) and capital expenditure.” Revenue shared model between EMGS& Scicom ( 35%: 65%). Scicom will get RM650 for each foreign students successfully registered via the portal.

Some of the key modules and applications within the STARS system that had been implemented included an international student application and registration system, student web portal and student tracking system, medical screening and processing system, business intelligence and analytics system, passport tracking system through wireless devices, biometric system and insurance processing system. Scicom also provided support 24 hours a day.

“A significant number of the initiatives mentioned above were not in the originally agreed scope but were proposed and implemented by Scicom at no cost to the government or EMGS.

“The transaction management system within STARS processes more than 10,000 transactions per day.”

Scicom also had a sterling track record and an unblemished implementation capability.

They manage complex operations for multinational clients and governments.

With the latest headcount of 4150. We believe their sales will hit new high and it will bring up their profit closes to 9mil since foreign students has also shown sign of improvement. Once DPS back to 2cts per quarter their price based on adjusted discount cash flow should be worth above RM1.8 & above. We have not counted in the new projects secured in hands.
We hope they will propose 1 for 1 bonus to the investors by this year too.

Scicom secured big project!!!!!!!

Bought 1.15 waiting to break 1.20 soon!

Increased so much by how much? How many% up.. please specify.

Dividend in. Just bought 1.11 to compound quarterly.

DPS back to 2cts per quarter soon..

Good pick at 1.10:) thanks to Mr Market sold me extremely cheap price

I think during AGM they already explained well.
They have confident and still in negotiation to claim back. Ceo also mentioned it is Malaysia Client.

BPO business is all about billable headcount. As at 26 Nov their headcount already reached 3920. But recently they still recruit for EMGS, Shopee & Lenovo etc
I strongly believe Scicom sales will grow again for next Quarter. With strong cash position, high retained profit and Sales also hit new high at 65mil & EPS back to above 2cts.
Definitely their headcount by next month sure above 4000
During this hard time still can deliver almost 8mil per quarter net profit is considered superb performance.

https://tiih.online
You all may login in on the above wwb to register. See you all there

You all can join the AGM this coming Friday. Virtual AGM and also can post the questions there . For this coming quarter I believe will be min 8mil & above excludes pending collection of 2.46 mil. Price will tell us in advance. Just see these few days movement.

Wise move Parkson!
At the end their retained profit left 1bil+ and share capital 2bil+
It is just debiting share capital 2bil and credit to retained profit ( at the moment accumulated losses 970mil)
It is good for their credit rating assessment.

FY 2021 total 2266 New Hires. Going forward they will focus on BPaaS solution. The BPaaS solution covers the entire stack of vertically integrated components of hardware, infrastructure, database, middleware, business application software, security, optimised process& people. BPaaS ( Business process as a service)

Yes total is five major contracts includes Sri Lanka Side. MOH is one of them in Sri Lanka govt contract ( covid 19 tracking)

They also secured Unilever and support from Sri Lanka Side. Initial stage at 25 agents and slowly will go up! Their MOH in Sri Lanka at 52 agents.

The higher the Headcount turns to higher Sales!!
2021 June= 3320
2020 June= 2408
2019 June= 2368
2018 June= 2035
2017 June= 2208
2016 June= 2825
2015 June= 2702
2014 June= 2900
2013 June= 2600
2012 June= 2950
2011 June= 2890
2010 June= 2500
2009 June= 2051
2008 June= 1782
2007 June= 1490
2006 June= 1410

Scicom RM2.50 TP

Exploring means rocket fly!

They drum up additional 300 head count for Shopee. Besides that international students are coming back soon to contribute significant profit to Scicom! This stock will explore very soon!!!!!

Yes

International border opening soon. Foreign students are coming back to Malaysia. Recently two contracts secured...... flying till 2.36!

Shark will eat you:) funny guy

CEO Leo bought 750k shares. Their Lenovo HongKong needed additional staff. Their total workforce now above 3400! Highest number since listed in 2006. Higher agents mean higher sales. Hope this coming Q1 profit breakthrough 8mil & DPS back to 2cts per quarter.

This co no borrowing. Now DY is better than EPF return. Quarterly payout dividend. You may compound your interest on interest quarterly.

Not only net cash but zero borrowing.

Due to impairment of receivable 2.36mil. In actual this q profit should be 8.4mil
It is due to delay of payment and we strongly believe it can collect back because Scicom client s are well known and established.
Their total headcount is above 3200 and it also reflects in the quarterly historical high sales about 55mil.
Furthermore two clients just started at the end of Q4FY2021 ( around end of May to June). Besides that they also need additional 50 agents to support Lenovo Hongkong Market and 300 for their two clients again.
Overall profit margin improved and retained profit is at 76mil. DY is above 5% at this current level.

Case is over right?

Mega project again. Good one.