When has this stock ever been fast? I prefer slow and steady...
I heard that the company will be joining a conference in HK next month to meet with new fund managers..this should be good news as it is spreading its wonderful story to new group of investors! Hopefully more people see the fantastic value that the company offer and that pay up to the fair value of the company..(well, one can always hope)
But more importantly, the company is executing well and business is growing, so as shareholders we can sleep well.
For anyone that is interested - Scicom has a feature in the Edge Weekly.
Realistically, target price should be in the region of RM2.80 to RM3.00. Blue sky scenario is looking at RM3.60 (but that is probably pricing to perfection, at least for now).
I seriously doubt there is another bonus issue coming so soon after the last one (1 for 5). In any case, that in itself does not change the valuation of the company. Good execution and growth of the business and eventually getting notice by institutional investors are crucial for consistent share price performance.
need patience..is highly operated stock, indian counter ma once result out will fly. myeg results leaked out liao...damn good. scicom should follow soon
From the annual report under e-govt a lot of things they do like biometric solution, migrant system, visa processing, border control system even covering Interpol, terrorist etc. Fantastic move! You may log on to bursa and read . I believe you can discover many things .
This is because they yet to be discovered by institutional fund managers esp the foreign ones.... MyEg is always in the news whereas Scicom is keeping fairly quiet due to the nature of their works. Their time will come - they need to secure some chunky contracts for the next stage of growth. Last year 50+%, this year at least 30+%...hoping they can still do another 30% the year after that seeing most of the biz are recurring. Their market cap is till RM750m as compared to Myeg at RM3bn+ - they are playing in different pond for now. Also liquidity is a bit of an issue for now...it will come with price...
2 sen be happy !!!!!! After emgs management syok thats why zzzzz…. go to agm and put some fire cracker ! need to see them to get to delivering new deal like myeg.
q1 last year 1.5 sen if i can remembered.look at the directors…….very conservative….your investment in good hand…only someone need to kick management to deliver a good size project every year….otherwise only emgs deliver the big profit
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cch1975
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Posted by cch1975 > 2015-10-15 17:33 | Report Abuse
1.99 mocics why so slow?