lol. godbless88 u try read previous comments whereby joel ady sold his shares. sure he want this counter to drop so he can enter back. is ok la, share market is 零和游戏. when u win other lose.
Measure 10: Globally Recognised Industry and Professional Certification Programme
98. To intensify upskilling and reskilling programmes, the Government will introduce a new programme, namely Globally Recognised Industry and Professional Certification Programme or 1MalaysiaGRIP with an allocation of RM300 million in matching grants between the Government and the Human Resources Development Fund to train 30,000 workers.
SCICOM- It is a diversified business solutions provider has progressed by leaps and bounds.
While the provision of technical support services remains its core business, the company has also penetrated the education, government services and e commerce segments.
It has substantial presence in the airline industry – Airasia X is a client – and just entered into a partnership with Khazanah Nasional to retrain MAS’ staff.
Alongside numerous long term agreements with 39 companies, about 50% of its revenue from its outsourcing services come from overseas.
It made a major breakthrough when it won a contract to process foreign student visa applications from the MOE in 2013.
Scicom is entitled to a percentage of the fees collected by the ministry for every new visa application and renewal. This is expected to provide steady recurring income for Scicom.
About 47% of its total earnings would be derived from the visa processing business by financial ending Dec 31 2017 which could propel it to the same league as MYEG.
Scicom can replicate the same system in other countries.
Its education business is expected to be a huge revenue contributor beginning in 2015. The group also owns Scicom Academy and Scicom Intl College Sdn Bhd.
Typically for a services company, it is relatively light in assets and has a low borrowings. Its cash balance of rm26.77 million as at June 30 2014.
Earnings from its services and education businesses will only start to become apparent at the end of the next financial year. The company has also invested heavily in new fields that have long gestation periods and it could take a while before theses contribute prominently to its revenue.
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....
CHONGWAY
340 posts
Posted by CHONGWAY > 2014-10-10 00:40 | Report Abuse
Yes god bless 88 exdate waiting announce ment