Posted by ZStrader > 2019-07-22 16:42 | Report Abuse

EPF play only

Posted by Robinson > 2019-07-22 17:42 | Report Abuse

lol. play shark or played by shark?

Posted by lai81533 > 2019-07-22 20:10 | Report Abuse

Target RM1. 50

Posted by ZStrader > 2019-07-22 21:02 | Report Abuse

technical say buy... breakout dtl with volume...

Posted by James Ng > 2019-07-22 21:19 | Report Abuse

https://klse.i3investor.com/blogs/general/216282.jsp
[转贴] [Facebook live:浅谈Scicom MSC Bhd (Scicom)] - James的股票投资James Share Investing

Posted by lai81533 > 2019-07-23 04:58 | Report Abuse

market volumes hit 500D highest mean have potential to go up to another level

Posted by James Ng > 2019-07-23 09:18 | Report Abuse

https://klse.i3investor.com/blogs/general/216302.jsp
[转贴] [SCICOM MSC BHD：由于客户服务要求和/或策略的变化，某些项目的可计费人数减少] - James的股票投资James Share Investing

Posted by monopoly > 2019-07-23 10:21 | Report Abuse

time to run

Posted by shirley8116 > 2019-07-23 11:02 | Report Abuse

stuck at rm1,

Posted by lai81533 > 2019-07-23 11:32 | Report Abuse

Time to keep and bull run is coming to RM1.50

Posted by azta12 > 2019-07-23 15:34 | Report Abuse

collect and hold

Posted by lai81533 > 2019-07-23 16:43 | Report Abuse

hold tight tight

Posted by lai81533 > 2019-07-23 16:43 | Report Abuse

will be moving this week

Posted by uptrending > 2019-07-23 21:19 | Report Abuse

Tender closing on 19th August.. Then will be evaluation... Negotiations... Till end of the year... Then see Govt got money to award or not... Can it be done in-house? Haha..

Posted by lai81533 > 2019-07-24 05:47 | Report Abuse

See potential there

Posted by Kenn Ong > 2019-07-24 07:17 | Report Abuse

Today 1.1 gogogo

Posted by lai81533 > 2019-07-24 09:44 | Report Abuse

contra players force to sell stocks dragged down the price. Later this will be reversed

Posted by Jojo01 > 2019-07-24 11:04 | Report Abuse

Keep going down, whats wrong..

Posted by xxx trader > 2019-07-24 16:10 | Report Abuse

after contra player force sell then it will steadily rise.hold tight.

Posted by Alfred Aun > 2019-07-24 16:38 | Report Abuse

One day show only?

Posted by lai81533 > 2019-07-24 16:45 | Report Abuse

look likely price down as no project

Posted by Patrick13 > 2019-07-24 16:48 | Report Abuse

Scicom targets foreign worker tracking, SKIN contracts

SCICOM (MSC) Bhd is hopeful of winning a contract to track foreign workers in Malaysia soon. The contract will be awarded by a source country that exports thousands of workers to 12 countries, including Malaysia, Scicom CEO Datuk Seri Leo Ariyanayakam tells The Edge.

If the contract materialises, it will be a great boost to Scicom.

“The system will be a one-stop centre for local employers who wish to hire workers from that country. With the system, the country’s embassy in Malaysia will be able to track each worker, for better protection,” says Leo.

“So, if ... workers lodge a complaint [of abuse] against their employers at the embassy, and if the allegations prove to be true, the embassy would be able to blacklist the employers and people connected with them [so they can no longer] hire workers from that country.”

The system will be funded with the fees paid by employers when they look to hire workers from the country through the embassy. There will be a form of revenue sharing with Scicom as the proprietor and operator of the system.

Malaysia is a major destination for workers from other developing countries due to the abundance of jobs and the stability of its economy, currency and sociopolitical system. It is estimated that there are six million foreign workers here. However, many of the foreign workers here are undocumented, which has cost the country a lot of tax and non-tax revenue. Over the last decade, this problem has worsened. According to statistics from the Ministry of Human Resources, between 2008 and the second quarter of 2018, the percentage of documented foreign workers dropped from 19.3% to 11.9% of the total.

This is why both Malaysia and the source country require a comprehensive system that can track the movements and whereabouts of foreign workers in the host country.

According to Leo, if Scicom wins the contract to provide the system to be deployed in Malaysia, there is potential for the group to win the same contract in another two or three host countries. If that happens, the income potential is very promising.

Scicom is also bidding for other governmental processing systems, with the largest one being the Integrated Immigration System (IIS), which the Ministry of Home Affairs issued a request for proposal last May. The contract to provide an integrated solution for border and immigration control was earlier awarded to Prestariang Bhd. However, the RM3.5 billion Sistem Kawalan Imigresen Nasional (SKIN) was terminated by the ministry in December last year as it was deemed too expensive.

Leo believes Scicom is in a good position to win the tender. “We have already built a lot of the modules for the IIS and we can build the entire system within 24 months.”

The deadline for the submission of bids for the contract is Aug 17. It is worth about RM1 billion and will run for five years.

For its financial year ended June 30, 2019 (FY2019), Leo is anticipating another drop in net profit on the back of lower earnings from the Education Malaysia Global Services (EMGS) division as well as the business process outsourcing (BPO) division.

For the nine months ended March 31, (9MFY2019), Scicom’s net profit dived 45% year on year to RM15.42 million on a 6.83% drop in revenue to RM118.93 million.

According to a May 28 report by MIDF Research analyst Ng Bei Shan, the EMGS segment is experiencing the negative impact of the massive shutdown of certain educational institutions.

“But there should be a gradual recovery over time as the number of genuine foreign students looking to study in Malaysia should improve along with the expansion of the country’s education industry,” says Ng in the report.

Her optimism stems from the government’s target of having 250,000 international students enrolled in Malaysia’s higher education institutions by 2025, compared with 172,886 in 2016.

Leo sees Scicom’s net profit improving from FY2020 on the back of its e-solution business, which includes the provision of the EMGS one-stop centre, as well as more efficient cost and revenue control over its BPO business.

Over the past 12 months, the stock has fallen 51% to close at 86.5 sen last Thursday, valuing the company at RM307.5 million. At the current price, Scicom is trading at a trailing four-quarter dividend yield of 8.67%.

MIDF Research’s Ng believes the counter is becoming more attractive as it is trading at a forward price-earnings ratio of 12.5 times, which is close to two standard deviations below its two-year mean.

“Our target price of 96 sen is based on 15 times FY2020F earnings per share of 6.41 sen. Moreover, we have not taken into consideration any new sizeable project wins,” says Ng, adding that the recommendation is supported by Scicom’s net cash position and dividend yield.

https://www.theedgemarkets.com/article/scicom-targets-foreign-worker-tracking-skin-contracts

Posted by Patrick13 > 2019-07-24 16:52 | Report Abuse

Scicom is bidding 2 government contracts, one is foreign worker tracking system and another is IIS worth about RM1 billion and run for 5 years.
Leo also hint that another profit drop for the past quarter due to lower earnings from EMGS and BPO division.
Good indicator is government target of having 250,000 foreign students enrolled by 2025, should help to improve Scicom profits in the coming years.

Posted by Rodrod > 2019-07-24 17:42 | Report Abuse

Then why it still drop if the company is so confident to win the skin project

Posted by ongcopy > 2019-07-24 20:42 | Report Abuse

Alamak new announcement under litigation process

Posted by uptrending > 2019-07-24 20:50 | Report Abuse

WOW! Made news then pushed up to dispose..Stock market is full of traps.. Lucky didn't jump in.. waited for tomorrow.. Now... hmm... no..

Posted by Patrick13 > 2019-07-24 21:04 | Report Abuse

Scicom (MSC) Berhad (Company No. 597426-H) (“the Company”) wishes to announce that it has been served with an Originating Summons on 24 July 2019 filed by the Education Malaysia Global Services (“EMGS”). The Originating Summons was filed by EMGS pursuant to an agreement dated 1 November 2012 entered into between the Company and EMGS wherein EMGS is seeking to enforce a right under the said agreement.

The Company has sought and obtained legal advice that the Originating Summons filed by EMGS is without merit.

The Originating Summons filed by EMGS has no material financial implications on the Company.

This announcement is dated 24 July 2019.

Posted by uptrending > 2019-07-24 21:49 | Report Abuse

https://youtu.be/ZDu7mUf7pMc

Posted by uptrending > 2019-07-24 21:49 | Report Abuse

The announcement is vague...
Probably related to this.. which was a bomb 2 months ago..
https://youtu.be/ZDu7mUf7pMc

But, does it still stand a chance for IIS or SKIN tender, closing 19.08.19?

Posted by JY2019 > 2019-07-24 22:44 | Report Abuse

From the announcement mean the price will drop/up?

Posted by TommyTong > 2019-07-25 00:40 | Report Abuse

http://www.kwongwah.com.my/20190724/国家党向反贪会举报-促查mimos及emgs/

Posted by TommyTong > 2019-07-25 00:42 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/6232869

Scicom finished lor!

Posted by TommyTong > 2019-07-25 00:43 | Report Abuse

Emgs already sue Scicom. Now MACC will raid. Then surely all government project cannot get one. No IIS , no SKIN lor

Posted by Rodrod > 2019-07-25 07:41 | Report Abuse

Then can buy add in

Posted by azta12 > 2019-07-25 09:23 | Report Abuse

collect

Posted by yesyesyes > 2019-07-25 09:26 | Report Abuse

get mine at 92.5c

Posted by azta12 > 2019-07-25 13:13 | Report Abuse

https://www.theedgemarkets.com/article/malaysian-immigration-system-be-replaced-%E2%80%94-immigration-directorgeneral

Posted by Alfred Aun > 2019-07-25 14:45 | Report Abuse

Wow! the price keep dropping, should i average or cut loss?

Posted by mukhriz02023 > 2019-07-25 14:46 | Report Abuse

Yes. Cut loss please

Posted by yesyesyes > 2019-07-25 14:48 | Report Abuse

my 2 cents , dont do anything as for now . no need to cut lose as there is good news . and dont average down as dont know how low it will goes .

Posted by hairun > 2019-07-25 19:55 | Report Abuse

Why must panic..only summon what.. see b4 closing bell today the price from lowest 0.905 jump to 0.915..chill bro

Posted by Patrick13 > 2019-07-25 20:39 | Report Abuse

副内长：2023年启用提升关卡安全·预先扫描监控入境旅客

内政部副部长拿督阿兹斯查曼表示，政府将在2023年中全面使用预先扫描乘客(APS）系统来提升我国入境关卡的安全。

他今日在国会上议院表示，这项新移民监控系统目前还在公开招标的程序，预计这个系统能有效监控外国旅客入境我国，以及应对目前的挑战。

他说，这项系统会通过移民局、皇家警察及国际刑警组织的记录进行交叉核对，预先扫描与过滤还未前来我国的外国旅客。

土团党国会上议员拿督莫哈末苏海米提问有关内政部是否使用这项系统来确认外来旅客的犯罪记录，尤其是非洲旅客。

通过预先扫描才发签证

阿兹斯查曼对此回应，内政部除了采用上述系统，也会进行几项措施来加强旅客入境的监控，如在国外的马来西亚代表处将通过预先扫描程序来发出签证，若确认外国人有相关犯罪记录，将列为嫌疑名单，且不能获批签证前来我国。

他说，我国入境处会依据嫌疑名单数据库、外国人生物识别数据库、生物指纹登记及执法系统（NERS)来检查旅客的背景、身分及旅行证件，以提高监控和识别效率。

可禁嫌疑旅客登机

“我国公民可通过生物指纹识别和自动门入境，这使移民局官员更能专注外国旅客的入境监控。”

根据Scicom公司官网显示，预先扫描乘客系统旨在确保获得该国允许入境的旅客登机，同时加强国家边境的安全。其系统措施包括登机前检查护照与签证及给予警示，为航空公司提供电子显示指令，提供准确的预先乘客资料进行分析以决定是否要在边境进行干预，以及航空公司能使用预先扫描乘客系统，提供数据予边境管制机构。

该系统也可阻止嫌疑旅客登上飞往我国的航班，在起飞地点拦截或禁止该乘客登机或入境。任何人购买飞往我国的机票，我国会预先掌握相关人士的资料，若有罪犯试图入境我国，就会被禁止登机。

尼籍博士生癫痫症发作去世

另一方面，巫统上议员凯鲁阿兹万在附加提问时询问尼日利亚籍博士生在移民局扣留所去世，使我国声誉造成影响，他回应，根据医院解剖报告，该名学生的逝世原因是癫痫症发作 。

他强调，移民局官员当时是依据标准作业程序办案，官员逮捕他之后，曾尝试学校进行联系，但联系不果，而学生也在扣留期间因发羊癫而去世。

根据警方今年1月至5月的统计，我国有4592宗外国人犯罪案，其中1190个案件涉及刑事罪，3402个案件与财物偷窃有关。

https://www.sinchew.com.my/content/content_2088622.html

Posted by Patrick13 > 2019-07-25 20:41 | Report Abuse

Seems like Scicom also bidding for another government contact which is Advanced Passenger Screening system, target to be fully implemented by year 2023.

Posted by azta12 > 2019-07-26 11:40 | Report Abuse

collect

Posted by azta12 > 2019-07-26 11:48 | Report Abuse

keep the momentum going

Posted by azta12 > 2019-07-26 11:49 | Report Abuse

grab some

Posted by Alfred Aun > 2019-07-26 12:01 | Report Abuse

wtf, just cut loss yesterday..

Posted by azta12 > 2019-07-26 12:07 | Report Abuse

keep the momentum going , hit the 1.00 lvl first

Posted by t0pup > 2019-07-26 12:15 | Report Abuse

Don't chase high might be another trap, buy at low

Posted by mukhriz02023 > 2019-07-26 13:32 | Report Abuse

Adabi ker Adobe