Thanks bro Steve. We still pick Myeg& Scicom. I believe these two are future star because of their diversified business in overseas. But myeg debt to cash above 2 and DY a bit too low. Heard these two also tendered SKIN project worth 1.5bil besides Dsonics& Htpadu.
Fund manager need to have presentation to our research teams before they can explore into overseas market. They are covering around 5 companies one of them is Scicom. Net cash and zero debt with good dividend yield. Besides that they are expanding their clients fast this year in Asia Pacific region.
here is some fact finding for Scicom...currently they do recruitment a lot. we can get that info from jobstreet, indeed.com and other hiring platform...as the CEO statement from The Edge on April., the new normal has give Scicom better business prospective in its BPO sector. where they get new clients and increase in headcount from the existing clients. one of the client project Shopee is requested to increase their head count to 320Pax... expect to see the increase in revenue and profit for the coming quarter
Just bought only bro Steve. After discussed with few of our friends traditional business will be dying. We must have remote mentality. This pandemic of covid 19 may last permanently till vaccine out. In future all may opt for online, AI etc We can see that shop houses, office blocks may lost their importantness in future. Mall as well! During bad times, need to look for net cash if debt free adding as a plus point for me to invest.
Ya of course. Scicom has the ability to build platform from them. Furthermore their multi lingual agent able to give full support to them in term of back and front outsourcing. It covers social media like facebook too. Not only Shopee, their banking clients in overseas also asking them to increase 150 to 200 headcounts. Others sector layoff workers but they start aggressively recruited workers. Good sign. I just buy and keep it for long term. My target price is rm2.40 within a year.
No idea bro Joseph. But many good co overseas include HSBC cut or not giving out any dividend due to rainy day. If got dividend we need to be thankful already. Most importantly their business model can grow during this covid 19. Most of their staff able to work at home and support their client. You can see it at their Scicom msc facebook.
Not only BPO but they are doing e govt service too. Got few co doing this like Htpadu, Dsonics etc but their debt to cash ratio is high. Some counters also related to political link. Scicom is the only one with debt free and consistently give out quarterly dividend without failed. The rest of e govt no.
today scicom very solid ....slow and steady...i had few friends working in scicom manara TA. helping my friends to get job during this hard time. as a scicom shareholder, i willing to help the company to get more ppl to work, because head count is their productivity. please share out if your friends need job now...they hiring a lot. Lenova Project for hong kong and taiwan area also. Lenova also one of thier client.
INTERVIEW WILL BE CONDUCTED VIA SKYPE & THERE WILL BE AN ONLINE ASSESSMENT. Position: Customer service (E-Commerce) Project: Shopee Job Role: Answer call and Email Challenge : Multi tasking & good written skills Requirement: Energetic, must be able to multitask between calls and email, can work under pressure , long term commitment. Basic salary RM 2,800 Performance allowance + Medical benefits . RM 500 Language Allowance if you_ (Speak, Read and Write in Mandarin )_ Working hours 9 - 6 pm (soon to be 24/7) Working Days -5 days in a week, (Mon - Sunday) Job Type: Full-time Salary: RM2,500.00 to RM2,800.00 /month Experience: Call center: 1 year (Preferred) Customer Support: 1 year (Preferred) Education: STM/STPM (Preferred) Location: Kuala Lumpur (Preferred) Language: English/Malay (Preferred)
i do not expect scicom can get the IIS project..because their competitor is very strong..but even without the project, scicom still can grow very solid with its existing business. if can get IIS, then it is a bonus, big bonus to everyone..but just dont get too excited...
Good morning. Life without expectation sometimes is good. We just based on facts and figures. After did a thorough studies and research by our teams Scicom is an excellent co!
Our target price RM2.40 after built in all 10 BPOs secured based on PE18. We haven't counted in any e govt secure in future. During this covid-19, net cash co with zero debt is our first choice. Some co is net cash but their debts are high!
QUALITAS MEDICAL GROUP AND SCICOM (MSC) BERHAD LAUNCH MALAYSIA’S FIRST INTEGRATED COVID-19 TESTING PLATFORM Qualitas Medical Group Sdn Bhd and Scicom (MSC) Bhd have launched COVID19-MY Screening - Malaysia’s first Integrated Covid-19 testing platform to help both employers and employees seamlessly manage all Covid-19 screening requirements. The platform is an end-to-end system that consists of a public e-commerce website and test centre management system integrated with the COVID19-MY mobile app – which showcases “track-ntrace” and “digital check-in” functionalities. The system allows all Malaysian employers, along with both domestic and foreign employees to register for COVID-19 screenings, schedule test appointments, and track test results prior to resuming their work duties. To ensure that the system is in line with existing national contact tracing efforts, each employee’s test results will be seamlessly uploaded to the COVID19-MY mobile app. Using this app, employees will be able to conveniently show their test results to employers and relevant authorities for verification while travelling to and from office premises. The app will also be configured to provide audible proximity alerts to help “at risk” users adhere to social distancing requirements, and will incorporate a digital check-in feature for businesses - enabling them to facilitate safe visitor entry and exit from office premises via the capture of a registered business QR code. Users can also access up-to-date safety precautions, MOH hotline, latest verified Covid-19 news and Covid-19 test centres’ contact information through this Integrated Covid-19 testing platform. “It is in the interest of all companies to ensure employee safety despite MCO restrictions being eased” said Dato’ Dr Noorul Ameen bin Mohamed Ishack, Chairman and Managing Director of Qualitas Medical Group “All it takes is one case at the workplace to cause the potential emergence of another cluster, and this platform was designed to help combat that threat.” Senior Minister for Security and Minster of Defence Datuk Seri Ismail Sabri Yaakob has also come out to say that authorities will shut down the operations of any firm if it is found that any one of their staff has been infected with the coronavirus disease (Covid-19), emphasising the need for caution when re-introducing employees to the workforce. All screenings will be conducted using reverse transcription–polymerase chain reaction (RT-PCR) tests. To administer these tests, employers and employees can choose to be screened on-site (at a designated location) or at a Qualitas clinic or at a registered medical screening centre. “The combination of Qualitas’ medical expertise and extensive distribution network along with Scicom’s integrated digital capabilities have worked synergistically to create a consumer friendly platform that significantly mitigates the threat of Covid-19 in Malaysia as we adjust to a new normal” said Scicom Group CEO, Dato’ Sri Leo Ariyanayakam. SCICOM (MSC) BHD (597426-H) 25th Floor, Menara TA One, 22, Jalan P.Ramlee, 50250, Kuala Lumpur Tel: (603) 21621088 Both Qualitas Medical Group and Scicom will adhere to a strict policy of data privacy to protect the security of all user data. Scicom’s standards for information security are also ISO 27001 certified. Employers can visit www.covid19screening.com.my to sign-up or for further information on this service.
Many co started to outsource recently due to pandemics to cut cost. Great to know the above news. Overall Scicom is extremely undervalued now if we built in the above& also 10 BPOs secured in Nov 2019.
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euniceanalyst88
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Posted by euniceanalyst88 > 2020-05-10 18:42 | Report Abuse
Thanks bro Steve. We still pick Myeg& Scicom. I believe these two are future star because of their diversified business in overseas. But myeg debt to cash above 2 and DY a bit too low.
Heard these two also tendered SKIN project worth 1.5bil besides Dsonics& Htpadu.