Posted by gankm > 2024-02-26 09:44 | Report Abuse

Challenge facing from Scicom:
The industry itself is bracing for change with the threat of substitute products and services such as the advent of technology driven innovation such as AI and RPA by customers enabling them to reduce their transactional volume and therefore their cost to serve their customers.

Posted by amilytay > 2024-04-02 21:45 | Report Abuse

Scicom Berhad (0099) operates in the thriving sector of Business Process Outsourcing, catering to a diverse clientele of over 50 prominent companies including Petronas, Lenovo, Oppo, Digi, and many more, showcasing a robust and diversified revenue stream. Its notable partnerships with industry leaders such as Petronas, Lenovo, and Digi underscore its credibility and reliability.

Notably, Scicom plays a pivotal role in facilitating e-government services, including handling the EMGS in Malaysia for processing Foreign Student VISAs and e-government services in Cambodia, positioning itself as a key player in driving digital transformation in the region.

With a clean balance sheet boasting zero debt and a history of prudent financial management, Scicom has demonstrated resilience and stability. Since its listing in 2005, it has rewarded shareholders with three bonus issuances and maintained a consistent track record of quarterly dividend payments, reflecting its commitment to shareholder value.

Furthermore, Scicom's robust financial performance is underscored by its high Return on Equity (ROE) and Return on Assets (ROA), indicating efficient utilization of resources and profitability.

With a current price of 1.08 and a dividend yield of 7.43%, Scicom presents an attractive investment opportunity, coupled with its solid fundamentals, established market presence, and potential for further growth. Additionally, its sizable workforce of around 3900 employees reflects its capability to manage and scale operations effectively.

In summary, Scicom Berhad stands as a compelling investment proposition in the Business Process Outsourcing sector, driven by its strong client base, prudent financial management, and commitment to shareholder value, poised for continued growth and value creation in the foreseeable future.

Posted by LadyRepins > 2024-04-04 12:50 | Report Abuse

Agreed 1.08 price point places this counter as undervalued. Low participation by inst funds; KWSP & Eastspring listed 2%+ ea with most concentration to insiders. Drivers for higher prices upward of RM1.80:
- more institutional take up
- harnessing Ai into their offerings

For now, one of few counters paying consistent dividend (high) every quarter. So entry at 1.08 is a good deal for long term accumulation & compounding.

Posted by amilytay > 2024-04-08 14:07 | Report Abuse

AI is becoming a valuable tool for BPO companies. BPO companies can significantly reduce repetitive tasks using robotic process automation (RPA) and AI. By improving productivity and efficiency. BPOs will become even more effective investments. Integrating AI and RPA is the most anticipated emerging trend in business process outsourcing industry.

Posted by amilytay > 2024-04-18 07:35 | Report Abuse

Good pick at 1.05
DY 7.62%

Posted by c328 > 2024-04-29 19:24 | Report Abuse

https://klse.i3investor.com/web/blog/detail/kianweiaritcles/2024-04-29-story-h-182758884-ChatGPT_faces_Austria_complaint_for_uncorrectable_errors

Posted by flyhub888 > 2024-04-29 22:07 | Report Abuse

any idea when is the nxt qr

Posted by LadyRepins > 2024-05-01 11:50 | Report Abuse

Next report due late May'24 for qtr ending Mar'24
One of few counters paying dividends every quarter, pretty decent yield ~7.4%(TTM). Price upper bound by 1.12~1.16 levels. Still pretty decent PER 13, not bid up by speculators. Stable, slow and steady.

Posted by LadyRepins > 2024-05-01 12:07 | Report Abuse

@amilytay @c328
One needs to approach Ai cautiously. Yet to see any initiative from SCICOM, in fact they could enhance their ticker quality by putting out a professional Nasdaq-style quarterly slide deck.

Posted by LittleKnife > 2024-05-08 22:22 | Report Abuse

missed the 1.05... 🙄

Posted by awp380 > 2024-05-10 07:41 | Report Abuse

LittleKnife. this counter not for goreng. is for div investing. 1.05 and now 1.09 is on few cents. which you can earn it back down the road.

Posted by gankm > 2024-05-17 15:08 | Report Abuse

KLCI already above 1600 points. This Scicom share price still not moving. How come? Bad result on the way ?

Posted by EngineeringProfit > 2024-05-20 16:00 | Report Abuse

i'm back!

Posted by LittleKnife > 2024-05-20 22:26 | Report Abuse

awp...hoping to get it low

Posted by amilytay > 2024-05-21 07:42 | Report Abuse

Bonus issuance 1:1 in August

Posted by EngineeringProfit > 2024-05-21 07:47 | Report Abuse

Nice

Posted by gankm > 2024-05-23 14:44 | Report Abuse

information from amilytay usually not correct one.. dunno where you get the news...

Posted by flyhub888 > 2024-05-23 20:53 | Report Abuse

I am back by popular demand !!!

Posted by HengyuanZai > 2024-05-30 20:22 | Report Abuse

Told u guys earlier we will visit 0.8 in no time. Good luck

Posted by Pinky > 2024-05-30 21:07 | Report Abuse

Dividend drop. Bye bye

Posted by 4ever5 > 2024-05-30 23:07 | Report Abuse

I used to hold scicom in 2022 and 2023 until the CHATGPT released. it has shaken the long term investor to think, whether this Ai will affect Scicom business or its a boaster to Scicom business.
In this bull market 2024, all boring dividend stock has move up slightly, at least beat KLCI that up 10%.
This is not hater comment, i do like scicom as a dividend stock, but the future prospect is still unclear.

Posted by 4ever5 > 2024-05-30 23:08 | Report Abuse

And the reason why i bother to drop this comment is because i like scicom, if it drops under a price where i feel undervalue, i will collect maybe.

Posted by Pinky > 2024-05-30 23:50 | Report Abuse

I used to like SCICOM too. But look at their website and financial reports...their investor relations/communications is like... 😅😂😓🤦

Posted by HengyuanZai > 2024-05-31 00:14 | Report Abuse

To bad with those hard selling people failed to realize the potential risk of a stock paying out dividend every QR ratio equal to the PAT. Let's see how deep it will dive tomorrow, best of luck

Posted by gankm > 2 months ago | Report Abuse

Below RM1.00 already.
Affin Hwang down grade to Hold. (Hold = sell)

Posted by EngineeringProfit > 2 months ago | Report Abuse

Can recollect

Posted by msclee > 2 months ago | Report Abuse

Wait until 80sen

Posted by sasword > 2 months ago |

Post removed.Why?

Posted by hw0706 > 2 months ago | Report Abuse

AI going to replace the bpo

Posted by NatsukoMishima > 2 months ago | Report Abuse

No growth for this stock after so many years , dont buy !

Posted by NatsukoMishima > 2 months ago | Report Abuse

Wasting time in this stock!

Posted by NatsukoMishima > 2 months ago | Report Abuse

Better shift to powerful stocks like vstecs , ranhill !
Dnex , swift haulage , iwcity also not bad !

Posted by songjoseph > 2 months ago | Report Abuse

strange , really strange . since you are not interested or buying this counter but still busy here .

No growth for this stock after so many years , dont buy !

Wasting time in this stock! ( especially this remark )

like...

Posted by madmusrz > 2 months ago | Report Abuse

tomorrow friday drop more

Posted by NatsukoMishima > 2 months ago | Report Abuse

No growth , it will drop until dividen pay out lesser n lesser !

Posted by ckwee168 > 2 months ago | Report Abuse

@gankm, wud you be able to share Affin's latest report on SCICOM? thanks in advance :)

Posted by LittleKnife > 2 months ago | Report Abuse

so many fortune tellers here lol

Posted by HengyuanZai > 2 months ago | Report Abuse

Posted by HengyuanZai > 2023-03-14 17:07 | Report Abuse

unhealthy cash flow, small customer base only, fair value only at 0.8

Posted by HengyuanZai > 2 months ago | Report Abuse

Not sure how investors say scicom cash flow is healthy. Earn 7m payout 7m dividend is definitely not healthy at all. Note this down for future reference whenever u decide to go for "dividend"

Posted by gankm > 2 months ago | Report Abuse

@ckwee168, I dont have the report. I get the news from The Star newspaper.
https://www.thestar.com.my/business/business-news/2024/06/04/subdued-sentimenton-scicom

Posted by ckwee168 > 2 months ago | Report Abuse

Thanks @gankm. Affin's TP of RM1.10 is not too far away from what i'm looking at too. SCICOM management has openly acknowledged in their recent QR that AI is indeed a threat to its BPO business, and has been working on a few in-house developed AI models leveraging on ChatGPT to gradually substitute its traditional human outsourcing business .. This is truly AI at work, and successful rollout of these AI based customer service chatbot to its existing client base wud be a significant game changer for SCICOM .. Re-collecting SCICOM again since my last exit at RM1.20 ..

Posted by sasword > 1 month ago | Report Abuse

will drop below 0.80

Posted by Konnichiwa > 3 weeks ago | Report Abuse

🚀

Posted by smartmove100 > 2 weeks ago | Report Abuse

will rocket soon...

Posted by Konnichiwa > 2 weeks ago | Report Abuse

Slowly and surely 😎

Posted by LittleKnife > 3 days ago | Report Abuse

BBQ liao.... results so late... sure bad

Posted by gankm > 3 days ago | Report Abuse

OMG, really BBQ.. result not showing any improvement.

Posted by Konnichiwa > 11 hours ago | Report Abuse

Hoooi… Earthquake wherever I go?

Posted by gankm > 8 hours ago | Report Abuse

Main reason why Scicom is doing badly in Q4 2024:
The Group recorded a decrease in BPO revenue of RM10.0 million for the current
financial quarter under review is due mainly to lower transactional volumes for
certain BPO clients coupled with the non-renewal of contracts for certain long term
BPO clients who have opted to bring their business inhouse

Posted by ckwee168 > 7 hours ago | Report Abuse

SCICOM reported a 2nd consecutive quarter of weak EPS largely affected by the non-renewals of contract with certain long term customers, which shall continue to put some pressure on its near term earnings; On a brighter note, management continues to pay out generous dividend of 1.25 cents (i.e. albeit lower than the typical 2 cents) supported by its strong cash holdings (i.e. sitting on nett cash of ~RM90 million or 25 cents); Management reiterated on the challenges posed by AI technology, and at the same time guiding that it is pivoting towards AI solution to future proof its business; Management remains optimistic on conversion of some new prospects in their pipeline which can fetch a higher margins thru new customization of its business solutions offering.

Position : Despite the earnings disappointment, the scale-down dividend payout of 5 cents is still decent, translating to a yield of above 5% at the current traded price and still worth a HOLD for now as the upside can be substantial if it successfully emerges as the winner of Sri Lanka's 10 year immigration system upgrade project (i.e. final selection is now down to last 2 bidders, of which SCICOM is one of them) ..