NOVA MSC BHD

KLSE (MYR): NOVAMSC (0026)

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Last Price

0.12

Today's Change

0.00 (0.00%)

Day's Change

0.12 - 0.125

Trading Volume

3,040,700


14 people like this.

13,230 comment(s). Last comment by kambingbursa 1 week ago

Ron90

4,107 posts

Posted by Ron90 > 2024-07-12 11:58 | Report Abuse

the selling is from 1 Billion stock at 0.12 cents ... still give hefty profit 8 cents !!

Albukhary

3,021 posts

Posted by Albukhary > 2024-07-12 13:48 | Report Abuse

So afternoon session will be up or down?

If can close at RM0.23-RM0.24, then next week will be excited.

If close at RM0.18 or below, then no movie liao.

messi

279 posts

Posted by messi > 2024-07-12 14:49 | Report Abuse

How much is 20 cents+++.
Morning or afternoon session?
Why don't buy below 20?
Scare also but hand itchy now

Michael Kwok

6,415 posts

Posted by Michael Kwok > 2024-07-12 23:15 | Report Abuse

Im done with 20 cents+++(means sell already).just some durian money.dun expect every time can get mercedez or bmw in life.
12/7/24 11.15pm

messi

279 posts

Posted by messi > 2024-07-13 00:11 | Report Abuse

Suddenly price green, you come out say you are done.
Next time tell when you buy so that your followers can profit too.
Otherwise don't syiok sendiri lah.

Dav Yau

160 posts

Posted by Dav Yau > 2024-07-13 19:49 | Report Abuse

@messi....he meant he sold at around 11.15 pm....lol

Dav Yau

160 posts

Posted by Dav Yau > 2024-07-13 19:57 | Report Abuse

As for me, this counter is not done yet. Still waiting for that anouncement between Nova Msc and Theta company regarding that project Theta company had just announced. Nova Msc has 40% stakes in that project. I do believe this Nova Msc will fly to the moon. Don't know which moon.....lol

Al Chapo

120 posts

Posted by Al Chapo > 2024-07-14 11:29 | Report Abuse

@Dav Yau Theta announced that they got a RM674m project (OPEX). Plus their margin, the value of the project should be around RM1b. 40% of 1b is a lot of money.

messi

279 posts

Posted by messi > 2024-07-14 12:33 | Report Abuse

1. Annual report expected by end of July
2. Quarterly report expected by end of August
3. Announcement of any contract award is a bonus

See how the price reacts, up or down.

Good luck!!!

Dav Yau

160 posts

Posted by Dav Yau > 2024-07-14 12:40 | Report Abuse

@ Al Chapo....it was september last year...i came to know about this project. It was kinda of a gamble when i bought in Niva Msc because of this project. The gamble pays off because Theta group finally got the project. When Theta group came out with the first news worth around 678 million i was a bit shock because i know i have read about this project last year and i still remember it was stated that this project worth around 2 to 3 billions. And yesterday Theta came out with that second news stating that RM 674 million is an actual OPEX. ...Now, we can see that this project is worth billions and NOVA MSC has a 40% stake in this project....But NOVA MSC has not announce this news yet...So, i to believe shares at NOVA MSC has not reach its peak yet. I am a bit greedy ...RM 0.65 is my offload target price.
I am a gambler not a Lover, so i try to buy in before any movement of that stock. Hei, i do believe one thing....if anyone buying stocks there are always an element of a gamble. Coming back to NOVA MSC, i still think it will fly a bit more....Still waiting for that Announcement from NOVA MSC regarding this project. Hope it will suspend this counter pending on good news.....

Posted by VerySmartInvestor > 2024-07-14 18:50 | Report Abuse

Dav Yau, although Novamsc is known for providing solutions to smart city solutions and digital initiatives. How do you know Theta Telecom is using Novamsc’s platform

Dav Yau

160 posts

Posted by Dav Yau > 2024-07-14 19:10 | Report Abuse

@VerySmartInvestor....just type Memorandum of Understanding between Theta group and Nova Msc in goggle ....then you will see the news in there...

Dav Yau

160 posts

Posted by Dav Yau > 2024-07-14 20:20 | Report Abuse

@Al Chapo....if you type Memorandum of Understanding between Theta Edge and Nova Msc in Goggle Search you will get more news....

Cnlim

489 posts

Posted by Cnlim > 2024-07-14 20:48 | Report Abuse

it doesn't involve Nova MSC MoU is nothing most of it usually call off from 27 to 20 in a day down must be something not right

Cnlim

489 posts

Posted by Cnlim > 2024-07-14 20:50 | Report Abuse

just goreng only slowly drifting back to 12 cts

Albukhary

3,021 posts

Posted by Albukhary > 2024-07-14 21:14 | Report Abuse

Very simple..
THETA has the connection, and NOVAMSC has the E-Government technology know how. And this Technology is very strong technology, as even Singapore Government also appoint NOVAMSC to implement this project for them.

Without THETA, NOVAMSC will never get the big government project, because it don't have the connection, and it is not a Bumiputra company. No matter how good is its technology, Government will never award project direct to NOVAMSC.

Without NOVAMSC, even after THETA awarded the Project, it cannot implement it, because THETA do not have the E-Government services Know-How. This is why THETA has sign MOU with NOVAMSC.

Now the project is awarded, very soon the JV between THETA and NOVAMSC will be formed.
And this project will be implemented by this JV Company.

Now is only Ampang Municipal, later soon will have PJ Municipal, Subang Municipal, Kajang Municipal, Shah Alam Municipal, Klang Municipal

ezmoney

190 posts

Posted by ezmoney > 2024-07-14 21:42 | Report Abuse

JV between Nova and Theta already formed long ago, called Digital EG.

Theta project awarded to Theta subsidiary. Not JV co. Hence no announcement on Nova. Only if the project subsequently sub to JV co then only involved Nova officially.

Dav Yau

160 posts

Posted by Dav Yau > 2024-07-14 22:13 | Report Abuse

@ Albukhary....you are so spot on. Some might not get the facts after reading that JV between Theta Edge and NOVA MSC. Now Theta Edge have announce they got the project but Nova Msc still has not announce anything yet. It is worth the waiting.....

Dav Yau

160 posts

Posted by Dav Yau > 2024-07-14 22:29 | Report Abuse

Substantial share holder in Nova Msc....
1) Fontkn chairman Mr Ooi ( 16.14% stakes )
2) Raden corporation( member of the Negeri Sembilan Royal Family)
3) Societe General Paris third largest Bank Of Paris...

Dav Yau

160 posts

Posted by Dav Yau > 2024-07-14 23:01 | Report Abuse

Share price for Nova Msc in the year 2003 was RM 0.69. With all the new Technology Nova has now....will it reach back to RM0.69 after so many many years....i believe it will....

Ron90

4,107 posts

Posted by Ron90 > 2024-07-14 23:03 | Report Abuse

wah..promoter so hard to link Nova with recent Theta project, when in reality, it's none at all.

ianmsg7007

105 posts

Posted by ianmsg7007 > 2024-07-15 08:35 | Report Abuse

Music resume

InvestIcon

1,097 posts

Posted by InvestIcon > 2024-07-15 09:13 | Report Abuse

Music stop again?

Posted by Ahmad Shauqi > 2024-07-15 09:39 | Report Abuse

NOVA MSC has recently formed a joint venture with Theta Edge Berhad. This strategic partnership aims to provide state-of-the-art e-government solutions and a full range of IT services, including system integration, consultancy, and infrastructure system services in Malaysia. This collaboration is expected to significantly enhance the market prospects for both companies, leveraging their combined expertise to drive innovation and excellence in the e-government sector.

This joint venture represents a significant step in Malaysia's digital transformation, positioning NOVA MSC and Theta Edge as key players in the field. The partnership will enable them to deliver comprehensive and advanced IT solutions to government agencies and businesses, thus creating substantial growth opportunities.

For more details, you can read the full announcement on New Straits Times and Nova Hub.

messi

279 posts

Posted by messi > 2024-07-15 10:25 | Report Abuse

MPAJ contract awarded to Theta Telecoms Sdn Bhd not Digital EG.
Very likely Theta would sub con a portion of the contract to Digital EG.
How much is sub con out is anyone's guess at this moment.
Just look forward to announcements by both parties.
Good luck!!!

InvestIcon

1,097 posts

Posted by InvestIcon > 2024-07-15 11:41 | Report Abuse

Tuapui, any comment on MPAJ's contract? Any contract sub to Digital EG?

AyamTuaTua

139 posts

Posted by AyamTuaTua > 2024-07-15 21:44 | Report Abuse

Wait until 0.09 only run? Ho ho ho

ianmsg7007

105 posts

Posted by ianmsg7007 > 2024-07-16 09:16 | Report Abuse

...no more story

Dav Yau

160 posts

Posted by Dav Yau > 2024-07-16 13:40 | Report Abuse

Now on Hibernation Mode. Plenty of stories to come....Just Wait.....lol....Too much stories is no good and when it comes....IT IS PRICELESS....🤣

messi

279 posts

Posted by messi > 2024-07-17 14:29 | Report Abuse

Tomorrow 18/7, additional listing of 4,470,000 shares.
Price will up or down. Your money you decide.
Good luck!!!

InvestIcon

1,097 posts

Posted by InvestIcon > 2024-07-17 16:06 | Report Abuse

Out of these. Some are mine..

messi

279 posts

Posted by messi > 2024-07-17 20:49 | Report Abuse

Waiting at 17.5 for few days already.
So tomorrow can get?
Hope you are correct.

Albukhary

3,021 posts

Posted by Albukhary > 2024-07-18 13:10 | Report Abuse

You can keep waiting for its to drop. But please get ready for plan B, what happen if it not going down, but start to take off and breakout previous high? Will you jump in again.

ianmsg7007

105 posts

Posted by ianmsg7007 > 2024-07-18 13:19 | Report Abuse

Man. Who is buying

messi

279 posts

Posted by messi > 2024-07-18 14:16 | Report Abuse

Eagle26 fly higher.
Eagle77 crashed lamp post?

necessity

107 posts

Posted by necessity > 2024-07-18 14:53 | Report Abuse

salute to those buy in and add position when some panic..
additional listing come at the right time.
smart move..

Dav Yau

160 posts

Posted by Dav Yau > 2024-07-18 15:15 | Report Abuse

Still holding @ RM 0.12

necessity

107 posts

Posted by necessity > 2024-07-18 15:20 | Report Abuse

@ Dav Yau.
nice.. wish u good prosper ahead👍

messi

279 posts

Posted by messi > 2024-07-18 17:29 | Report Abuse

Tomorrow 19/7 additional listing of 4,000,000 ESOS shares.
Price up or down?
Good luck!!!

Dav Yau

160 posts

Posted by Dav Yau > 2024-07-18 22:48 | Report Abuse

@necessity.....thanks. Wishes you all the best as well.

Posted by Whiteevoque > 2024-07-18 23:51 | Report Abuse

Esos units have to keep for 3-5 years. Dnt waster your cheap units for chicken feet profit. Wait for wave 3 target of 80-85sen

mf

29,034 posts

Posted by mf > 2024-07-19 03:50 | Report Abuse

Dow Jones

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mf

29,034 posts

Posted by mf > 2024-07-19 13:55 | Report Abuse

Bursa to deliver strong 2Q results as trading activity surges — CGS
By Ishra Kamiso / theedgemalaysia.com
19 Jul 2024, 01:17 pm

KUALA LUMPUR (July 19): Bursa Malaysia Bhd (KL:BURSA) may report an 8.2% year-on-year (y-o-y) growth in net profit for the second quarter ended June 30, 2024 (2QFY2024), thanks to robust trading activity in the capital market, CGS International said.

Quarterly net profit will probably come in at RM82.5 million, lifting first-half earnings to RM157.5 million, according to CGS in a results preview note. That would be above market expectations, accounting for 55% of the Bloomberg consensus full-year estimate, it noted.

If the write-back in sales and service tax recorded in 2QFY2023 is excluded, net profit would have been 71% higher in 2QFY2024, CGS flagged. Bursa is scheduled to announce the results by month end.

“Bursa is a key beneficiary of the pickup in trading activity in the capital market,” CGS said. The house raised its target price to RM11.10 from RM8.70, and kept the stock on an ‘add’ call, equivalent to a ‘buy’ recommendation.

The average daily trading value of the equity market more than doubled y-o-y to RM3.62 billion in 2QFY2024. In the derivatives market, the daily average rose nearly 10% to 85,600 contracts.

Income generated from the equity market accounted for 48.4% of Bursa’s 1QFY2024 revenue, while derivatives made up 14.1%.

“In addition, we are encouraged to observe an across-the-board increase in trading activity of all major types of investors in Malaysia’s equity market,” CGS said.

The forecast for 2QFY2024 also took into account 'flattish' other income — including fees for listings, depository services, market data, member services and connectivity, conferences and exhibition-related income — CGS said. All in, The research house raised its FY2024-FY2026 earnings per share forecasts by 17%.

For FY2024, CGS is calling for a net profit of RM303.8 million, or 38 sen per share, above the consensus estimate of 35.9 sen per share.

Shares in Bursa have climbed 43% so far this year, thanks to the surge in trading activity and a slew of initial public offerings, while analysts remain bullish on the stock. A majority of 10 out of 15 research houses covering the counter have a ‘buy’ call, while the rest have ‘hold’ ratings, according to Bloomberg.

The stock has also blown past the consensus 12-month target price of RM9.25, and was trading at RM9.89 at Friday's noon trading break.

Eagle77

6,881 posts

Posted by Eagle77 > 2024-07-19 14:38 | Report Abuse

Catching up ⬆️✅ with Theta

Eagle77

6,881 posts

Posted by Eagle77 > 2024-07-19 15:04 | Report Abuse

Soon good news JV or subcontract will be announced ⬆️✅💰💥

Eagle77

6,881 posts

Posted by Eagle77 > 2024-07-19 15:08 | Report Abuse

Soon good news JV or subcontract with Theta will be announced ⬆️✅💰💥

Eagle77

6,881 posts

Posted by Eagle77 > 2024-07-19 15:18 | Report Abuse

I predict this stock will reach 1.00 ⬆️✅

Eagle77

6,881 posts

Posted by Eagle77 > 2024-07-19 15:21 | Report Abuse

Nova JV THETA 40% : 60% ✅

messi

279 posts

Posted by messi > 2024-07-19 15:24 | Report Abuse

Theta flying high
Next could be Eagle26
JV announcement coming soon???

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