AncomLB is a vehicle to S5 - RTO . NIIS will not be rewarded to S5 aka Ancomlb but the company is the providing integrated system to Niis , Still rumours and not finalise, based on the volume and movement of this share , lookalike a reality. Buy on your own risk.
@NIWV I m re-sharing the calculation done by bro @pharm612 ---------------------------------------
S5 total assets is RM82.7 million Revenue RM 116.8 million Profit after tax RM 63.4 million (as of June 30th 2019) Net asset 21.7 million Earning per share RM 0.134 Number of shares 473 million(due to RTO of ALB as empty shell company) Market capitalisation RM900 million Intrinsic value RM 1.90 per share (assuming PE15 on RTO listing) Intrinsic value RM 3.80 per share (assuming PE30 for tech stocks) Intrinsic value RM 5.70 per share (assuming PE45 for for high growth PE tech stocks) After RTO ,ALB will change name to S5 . S5 may apply to change category from logistics to tech . Due to its big market cap , S5 may apply to move to main board tech from ACE
---------------------------------------- Net profit margin for S5 is a staggering 54.28% much like MYEG's net profit margin . MYEG's PE is 45 whereas S5's PE is 15 only. At RM1.90 , ALB/S5 is very much undervalue . At RM0.55 , ALB/S5 's PE is 4.3 only . Buying preIPO price of RM 0.55 creates a big margin of safety.
Just like the aborted rto of connect county so far s5 has keep mum...no a single anmouncement by s5. If true Niis annoucement soon...ALB rto stil in infancy stage
CC6677 thanks so much. appreciate your help for newbies like me. Now I got it. If that's so, the price is still undervalued. I am happy to stay here longer.
High5, are you sure not a single news/announcement?
Kok Heng, pls help me, what TA Securities is about? Is it involved with S5 too?
We refer to the announcement dated 16 July 2020 (Ref. No. GA1-15072020-00104) in relation to the HOA for the Proposed Corporate Exercise (“Announcement”). Unless otherwise defined, the abbreviations and definitions used in this announcement shall be the same as those previously defined in the Announcement.
Further to the Announcement, the Board of Directors of ALB wishes to announce that on 30 July 2020, TA Securities Holdings Berhad has been appointed as the Principal Adviser for the Proposed Corporate Exercise. The terms and scheme have yet to be finalised at this juncture and appropriate announcements will be made in due course upon finalisation of the definitive agreements.
Thanks so much Kok Heng, this is getting clearer. For those who are lazy to do research and confius with certain things like me, you guys can read this recent comments thread.
AG's report 3028 series 3 audited that MyIMMS system down by 4400 times from 2016 to 2018 . Also lots of loopholes ,unaccounted records of foreign workers and fraudalent approval to 123 employers in MyIMMS .This old software is based on 1996 structure , not centralised and consists of different component operated by different vendors . Also not able to protect national security from certain threats . The contract for MyIMMS is due to expired this month of August 2020 a mere one more week to be replaced by NIIS ( a new and comprehensive software that can uphold national security ).
22 Aug 2020 : Sistem pengecaman wajah ,biometrik kukuhkan sempadan negara
Semua pintu sempadan negara akan dilengkapi sistem imigresen berteknologi tinggi menjelang 2023 . Menteri Dalan Negeri Datuk Seri Hamzah Zainuddin berkata Sistem Imigresen Bersepadu Kebangsaan ( NIISE) sedang dibangunkan kerajaan bagi menggantikan MyIMMS . NIISE adalah dibawah insiatif program Digital Malaysia yang bertujuan mentransformasi sistem imigresen ke sistem automatik berbanding kaedah manual . Kerangka utama yang menyepadukan semua semua sistem imigresen ini sedang di bangunkan dengan kos keseluruhan membangunkan sistem itu masih dalam penilaian kerajaan . Sistem NIISE juga akan mempertingkatkan kecekapan imigresen mengesan pergerakan keluar masuk warga asing dengan pantas sekaligus mengurangkan risiko keselamatan kepada negara .
ALB/S5 biometric supports all fingerprint, iris,palm ,voice,facial matching . Live scan detection and matching facial recognition (> 20 million databases) enables quick check to biometric watchlist . blacklist or suspect list for crime tracking verifications . Biometric Solution Module contains 13 modules combined with S5 systems Nexcode solution to curb national and international security threats .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
davidkkw79
5,068 posts
Posted by davidkkw79 > 2020-08-19 15:44 | Report Abuse
what happened on this ? Lepas IRIS goreng, now goreng at this ?