Omnesti recently keep acquiring Microlink. Now their holding above 64%. Microlink also limit up recently and they said negotiating with one co to form JV. News announced that was Scicom. Next surge will be Scicom based on low valuation compared with Microlink. Furthermore their JV is 50:50 for e govt project.
Scicom wanna bring the case to arbitration, but the court decided to let the case being hearing in High court. documents for hearing prepare in 4 weeks. and the next hearing is 2021 April. no decision made yet. Scicom is appealing to bring the case to arbitration . no big deal . i was there this morning in the court.
As I said scicom now is extremely undervalued compared with peer group the price from 2.36 to current level of 1.08 If no chance why JV? Did you see microlink limit up recently? Why sudden surged? We need to trust chart sometimes. It may tell us something.
A month to go to know who will secure IIS worth 1.5 to 1.8bil. It is very interesting to know Scicom JV with Microlink. Last Friday price pressed down , panic sales and good pick for fund manager. Hope Monday still can get low price before price start to rocket up soon.
18 July Published. 22 July Scicom JV Microlink. Volume up price up. Even Microlink price limit up. Major shareholder is Omnesti holds above 64%. Onmesti keep acquiring Microlink too recently.
Based on Microlink PE 29.76 Scicom should worth at least 1.87 Now only 1.01 difference of 86cts to gain! Those tendered should fly higher than those just JV in.
@euniceanalyst88 In ur view, what contract will be possible to award to scicom? As I know, Dsonic have high potential to win ICARD, For NIIS, myeg and dsonic win rate is higher. I holding scicom too.
Dear Little boy, we dont buy scicom because of the potential contract winning. thats gambling . but we buy scicom because of its strong balance sheet and FA. Shopee is ramping up their head count. Scicom is expecting better performance from BPO business. Egov just a bonus to scicom
with the rise of Shopee, scicom will rise too. Shopee is expanding fast, not only e commerce, but also going to have e banking license in soon. just like before, with the rise of Nokia and Scicom benefit from it. but nokia was a past tense.
Forecast by investment bankers are seldom correct. What more for the next three years. Look at the many forecast of target price of Supermx by investment banks proved my point.
We dont expect good Q4 FY2020 profit in this coming few week announcement. It is due to lockdown and foreign students cant come to Malaysia. BPOs wise also affects their transactional volume. Recent weakness to buy for recovery in Q1 FY2021( July to Sept). Overall we just accumulate and wait for the awards of e govt . BPOs wise they are growing but some being affected like airlines, hotel& resorts. Online business like shopping and gaming r growing. They also support Tencent besides ESL. Their corporate clients around 40 includes BMW, Fonterra, Shopee, Heard Sri Lanka side did well. New client like Bank of Ceylon secured with starter of 45 staff effects 1st sept. That means two big banks in Sri Lanka already outsourced to them:) Overall their cash level still very healthy at 38mil+ ( include money market fund). Because in bank balance you only see 12mil+ Strong balance sheet with retained profit above 70mil+ hopefully they declare bonus issuance :) and enlarge their share capital improving their liquidity and reward long term shareholders;) All the best!
We are collecting 95& 955 recently. The only listed BPOs in Malaysia. Whole world listed BPOs price are very high except this one. Hope will be flying soon!
Dear euniceanalyst88, do u have any article or news which mentioned shopee and tencent is scicom's client as I can't find the source. Kindly send us the link. Thx for sharing.
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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....
euniceanalyst88
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Posted by euniceanalyst88 > 2020-07-27 08:33 | Report Abuse
Omnesti recently keep acquiring Microlink. Now their holding above 64%. Microlink also limit up recently and they said negotiating with one co to form JV. News announced that was Scicom.
Next surge will be Scicom based on low valuation compared with Microlink. Furthermore their JV is 50:50 for e govt project.