Posted by longtermvalue > 2022-10-29 21:41 | Report Abuse

Basically the CEO is of the view that scicom share price is now "cheap" and undervalued and the market has not seen its potential. Once announcement of their big new deals is made to the public, it will once again become the market's darling

Posted by 4ever5 > 2022-10-30 22:46 | Report Abuse

Hahaha yes aware of this podcast . too early to share here, i want to collect more first

Posted by vivientac > 2022-10-31 13:32 | Report Abuse

Time to collect. Just sit there receiving quarterly dividend.

Posted by longtermvalue > 2022-11-01 20:59 | Report Abuse

Sorry about that comrades, hope I did not affect your journey in collecting tickets. We wait for good news ahead and hope for good management performance

Posted by 4ever5 > 2022-11-01 21:21 | Report Abuse

Go through their recent Annual report, you will find some big hints too

Posted by vivientac > 2 months ago | Report Abuse

Scicom secured 7 Eleven.

Posted by smartmove100 > 2 months ago | Report Abuse

wow... good news.. tq vivientac

Posted by feenix1522 > 2 months ago | Report Abuse

long term....is the ceo implying that he has failed to communicate to the investor community.....

Posted by songjoseph > 2 months ago | Report Abuse

ui !! strange comments from a fans oh.

Posted by 4ever5 > 2 months ago | Report Abuse

Hi vivientac, where do you get this information about 7eleven? i am not aware of this, if it is true, then this is a bonus. From the annual report, it mentioned that 95% of the contract was successful renewed with existing customer. At least i could say the chance of maintaining the revenue is high. This means that we can expect a 7% dividend per annum with current price.

Posted by vivientac > 2 months ago | Report Abuse

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

Posted by vivientac > 2 months ago | Report Abuse

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

Posted by smartmove100 > 2 months ago | Report Abuse

Hope so. Appreciate share any leads /news if any then..Tqtq !

Posted by smartmove100 > 2 months ago | Report Abuse

Dividend 2sen...

Posted by smartmove100 > 2 months ago | Report Abuse

Steady. Higher revenue. Good earnings reported..

Posted by cherry88 > 2 months ago | Report Abuse

Don't expect fantastic growth. Only to those dividend collector or temp parking port in view of many uncertainties surrounding. So, assume at 8 sen per year (which the company never fail to pay dividend quarterly since listing), a rather attractive 7.7% yield is expected

Posted by Davidl > 2 months ago | Report Abuse

Time to accumulate!

Posted by ITreeinvestor > 2 months ago | Report Abuse

AGM22 : Serving Shopee staffs reduce 40% from 1500 to 900.

Impact will been reflect in coming quarters.

Posted by cherry88 > 2 months ago | Report Abuse

Sources : https://whytoocare-y2k.blogspot.com/2022/11/sep-2022.html

虾皮的业务属于高营业额，但盈利率会来得低。最高峰的员工数目有一千五百人，现在缩小规模到九百人。虽然这个顾客减少了四成的员工，但其他新顾客/工程已成功填补一些岗位。最新总员工数目是3,500人（2022 Nov）。
2022 Nov = 3500（-290）@ -118-290 = -408
2022 June = 3790（-118）
2021 Nov = 3908（+588）@ 912+588 = 1,500
2021 June= 3320（+912）
2020 June= 2408

In short, during AGM, they have confirmed the news of Shopee retrenchment from 1500 to 900. But, management stress that the vacancies has been fill up by other business. As for as I understand his personality, he is not a "bull-shit" type people. I still can trust his statement / comments. As long as they can declare 7-8sen dividend per year, I think we can hold on and ride through the challenges with him. Again, investing in SCICOM is not for growth, but more on yield and suitability / resilience.

Posted by 4ever5 > 2 months ago | Report Abuse

Agree, scicom is a dividend stock with slow growth. Even the business is affected by Shopee retrenctment, the current price has factored in. i dont mind if it drops futher down rm1, it would be opportunity to collect n keep.. easily 6-7% dividend.

Posted by songjoseph > 2 months ago | Report Abuse

ha ha , i a bit greedy. hope the price will go up at the same time remain 6-7 % DY

Posted by Luckup > 1 month ago | Report Abuse

dividend 7-8sen per year. price around 1.10. so, DY high. Now fd still low, some more what u all expect?

Posted by vivientac > 1 month ago | Report Abuse

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

Posted by vivientac > 1 month ago | Report Abuse

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

Posted by BullOfWallSt > 1 month ago | Report Abuse

I have good feelings about this stock, will keep buying since I think it is undervalued

Posted by feenix1522 > 1 month ago | Report Abuse

for the past 5 years I got feeling about this stock.....still got feeling only osoo...

Posted by amilytay > 1 month ago | Report Abuse

hi

Posted by weichong89 > 1 month ago | Report Abuse

2cts per quarter dividend. X 4= 8cts. Total yield 7.5%. Much better than FD&EPF return. Quarterly compounding effect & above all REITS return in Malaysia. Never failed giving out dividend quarterly since 2006. Real cash needed for Dividend means this co is fundamentally strong.

Posted by amilytay > 1 month ago | Report Abuse

I like their business model wei chong.

Scicom

Posted by weichong89 > 1 month ago | Report Abuse

Their business model is great but if you look into their business segmentation they start bringing in education business already. Heard they already ready for medical apps link between Hospital & Insurance co to expedite the claim etc

Posted by weichong89 > 1 month ago | Report Abuse

But overall they still aggresively recruiting staff. Besides that just sit & wait for big e govt projects to be announced soon.

Posted by amilytay > 1 month ago | Report Abuse

thanks Wei Chong. if 8 cts means 13.5 year can recoup the investment cost. l looks

Posted by vivientac > 1 month ago | Report Abuse

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

Posted by amilytay > 1 month ago | Report Abuse

sure. will buy in today

Posted by weichong89 > 1 month ago | Report Abuse

it is extremely undervalued co at 1.08 price currently. Usually BPO valuation PE around 20 to 25. Accenture PE is around 25. But Scicom 0099 PE less than 12. Furthermore with high ROE and ROA. ROE @27% zero debit and consistently paid out dividend quarterly since 2006 without failed. Furthermore it is recession proof and free counter.

Posted by amilytay > 3 weeks ago | Report Abuse

thanks a lot. Double yield than my rental . rental I still need to worry about tenant.

Posted by weichong89 > 3 weeks ago | Report Abuse

True Amily. just a very recent example..My condo at casa kiara only can rent out at RM1.8k to 2k last year,. Sold around 650k last year.. and now I put in Scicom can get average RM4k monthly without worry on tenant, maintenance fees.

Posted by valueinvestor79 > 3 weeks ago | Report Abuse

fair value is RM1.50. we need to be smart when market is irrational !

Posted by feenix1522 > 3 weeks ago | Report Abuse

pile up ...sell your house.. boyfriend and... pets......buy !

Posted by weichong89 > 3 weeks ago | Report Abuse

Dear value investor@79.. if expected growth this year we take min 10%+..We expect yearly EPS @12 cts. Usually the BPO range between 18 to 20 times. if we take 18x12= RM2.16
We may take the max conservative view at RM1.50

Posted by vivientac > 3 weeks ago | Report Abuse

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

Posted by feenix1522 > 3 weeks ago | Report Abuse

fy 23 eps 11 sen fy 24 12.5 sen. div to increase .....
pe 15,,,,,165 to 200
problem is low volume.....no institution will buy.....IR function weak ..

Posted by weichong89 > 2 weeks ago | Report Abuse

Once price keep going up volume will automatic release .

Posted by amilytay > 2 weeks ago | Report Abuse

agreed. healthy momentum right now. maybe they secured new,projects again.

Posted by feenix1522 > 2 weeks ago | Report Abuse

those IR people on this chat pls do your job ...low volume no institution......no market maker no volume....duhhhhh

Posted by weichong89 > 2 weeks ago | Report Abuse

Starhub& M1

Posted by amilytay > 1 week ago | Report Abuse

weichong you mean they secured Singapore Telco project?

Posted by weichong89 > 5 days ago | Report Abuse

Yes. What I hope for is few e govt projects after MCO

Posted by CFTrader > 5 days ago | Report Abuse

it looks great on FCF generation, i like it very much ,
the technical looks very dry af.... like absorbing phase (lean upwards) ...

Posted by cherry88 > 19 hours ago | Report Abuse

this should be a good news : https://www.theedgemarkets.com/node/653330