Stock is just like a cycle. Everything is possible. Now is at the low side for us to pick& wait patiently.

@FML they have no idea about it.

FML . From friend . She heard from one of his remisier told her.

Heard they secure e govt project in Pakistan relates to foreign worker? Anyone can verify on this?

Yesterday I picked 20000 shares again at 90cts

I agreed with Eunice we need to have independent thinking. If not we may chase high. Now Cimb set TP for top glove at RM25. The PE of top glove already at 117. Are we sure the eps can grow above 117%? We need to think opposite? Infection of covid 19 drop, price may drop? How about vaccine out one day?
I still MYEG in 2018 before change govt at 2.90+ and cimb set very high target too. After that.... even fell below 70cts... gst removed, bad news here& that... margin call many suffered.
Even Scicom, affin hwang set 2.98 at thr time price around 1.90+.. those bought high at 2+ still lost 50%+
So sometime need to against IB. Noises distract our sound decision.
Today closed at 1.03 ....once move up above 1.20 many chartist & IB may adjust their price to higher level. As retailers we need to play smart not to be fooled by them.

They can give any TP they like. I still remember in 2018 they gave TP till 2.98 by affin Hwang. After that dropped. Once price drop they give low TP. Once co price move up they adjust their TP. If we follow these analysts we may over optimist or over pessimist when make decision. So we may buy high price or dare not to enter when they set lower price .

Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets – Current Liabilities)

Or for Scicom (MSC) Berhad:

0.32 = RM33m ÷ (RM125m – RM22m) (Based on the trailing twelve months to March 2020.)

Therefore, Scicom (MSC) Berhad has an ROCE of 32%.

I think she is just based on facts. Investing we need to take our own risks. But what Eunice said was true this co never failed to declare quarterly dividend since listed in 2005.
Result out soon this week but personally I think profit only will start kick in in quarter 4 ( tentatively in Aug) because Scicom FY end is at June yearly.
TP is based on PE18 to 20 if build in 10 BPOs secured. Fair value RM2.40 is reasonable with head count increasing. Lets say eps back to 2cts+ per quarter in Q4.

Secured 2 e govt from overseas. One is education another regards foreign workers.

Just bought 50000 shares today at RM1

Many co started to outsource recently due to pandemics to cut cost. Great to know the above news. Overall Scicom is extremely undervalued now if we built in the above& also 10 BPOs secured in Nov 2019.

Not only BPO but they are doing e govt service too. Got few co doing this like Htpadu, Dsonics etc but their debt to cash ratio is high. Some counters also related to political link.
Scicom is the only one with debt free and consistently give out quarterly dividend without failed. The rest of e govt no.

No idea bro Joseph. But many good co overseas include HSBC cut or not giving out any dividend due to rainy day. If got dividend we need to be thankful already. Most importantly their business model can grow during this covid 19. Most of their staff able to work at home and support their client. You can see it at their Scicom msc facebook.

Just added 95cts. Hope it will break RM1 by this week. If not just keep for dividend.

Hi Rocket that day my friend attended one of the research team zoom meeting covered this co. They may enlarge their share capital to penetrate into global market. They usually issue every four years but already postponed for two years.
2006, 2010, 2014 .. their retained profit enough to give out 1 for 1 bonus share.

You are right kai8994. We anticipate for their bonus issuance this year. Just bought in some 91cts .

We just based on facts. With 83.5cts today it is far from its intrinsic value of 1.4+
BNM is going to cut interest again. For me pointless to put in FD. I may consider to buy in heavily in Scicom. DY is still above 7%

Here in Malaysia is Shopee. They also outsource to Scicom to manage. We can see in jobstreet they advertise for online shopping support staff.
Just did my research last time. Scicom is extremely undervalued now at 82cts based on intrinsic value around 1.4.. margin of safety around 60cts. If we use 1.7 per quarter and also as MD mentioned eps will grow this fy2020. Based on peer group PE16.8

Thanks Eunice for your analysis. We believe BPO is very bright prospect in future. During Pandemic time, many starts to think the new way of doing business and go online/digital marketing. Some even plan to cut cost outsource to BPO ( Business Process Outsourcing). I am currently working with telcon they also started to outsource and focus on their core business. One of my friend work in accenture said that GAGR for BPO will be growing fast in future because they are able to support by providing online and e service platform to clients. For our local market player as heard from KL friend, Scicom so far is one of the largest player in Malaysia. Furthermore they are the largest BPO in Sri Lanka. I did ask one of the fund manager to check. He said Scicom is good to keep for long term since free cash flow is always positive, net cash with zero debt, consistently paid quarterly dividend since they listed in 2006 without fail.
During this virus outbreaks, BPOs staff managed to work at home and support their clients. Overall I also think Scicom is a very good co based on its business model that is sustainable growth in future.