EDUSPEC HOLDINGS BERHAD

KLSE (MYR): EDUSPEC (0107)

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Last Price

0.115

Today's Change

-0.005 (4.17%)

Day's Change

0.115 - 0.12

Trading Volume

1,272,800


8 people like this.

9,476 comment(s). Last comment by sangjero 1 hour ago

Posted by phoenixqueen > 2017-07-13 10:21 | Report Abuse

i hope all here has sold ytd ,no one got trapped

cybergreen

2,203 posts

Posted by cybergreen > 2017-07-13 10:59 | Report Abuse

Obviously its push high to trap ppl?

cybergreen

2,203 posts

Posted by cybergreen > 2017-07-13 15:59 | Report Abuse

where got strong buy eduspec.....0.165.

Posted by GreatWarrants > 2017-07-13 16:15 | Report Abuse

Stock alliance the trash can

cybergreen

2,203 posts

Posted by cybergreen > 2017-07-13 16:32 | Report Abuse

stock alliance call, then must sell. they only push high and trap you. If you follow, good luck to you. Their reputation is very bad now.

Posted by phoenixqueen > 2017-07-13 21:59 | Report Abuse

i ady told ytd to sell

cybergreen

2,203 posts

Posted by cybergreen > 2017-07-14 14:25 | Report Abuse

accumulating another 2 month maybe.....

eduspec

3 posts

Posted by eduspec > 2017-07-18 11:10 | Report Abuse

Heard they are on progress signing a supply contract with 5 top university Malaysia. It that true?

Posted by Syakib Arsalan > 2017-07-18 11:55 | Report Abuse

.15-.155 good entry

cybergreen

2,203 posts

Posted by cybergreen > 2017-07-18 13:31 | Report Abuse

yeah i heard the news too. quite realistic. and saw ticket accumulating at 0.155

Posted by deadchicken > 2017-07-19 15:09 | Report Abuse

Jib gor强调,科学、科技、工程和数学(STEM)对国家非常重要,以将大马转变成知识和创新型社会的国家。

LEEKS7

161 posts

Posted by LEEKS7 > 2017-07-21 16:51 | Report Abuse

Today announce private placement again at 15cts, boom again ?

Santiago

465 posts

Posted by Santiago > 2017-07-25 16:28 | Report Abuse

Falling further.. 52 week low... how leh???

LEEKS7

161 posts

Posted by LEEKS7 > 2017-07-25 16:43 | Report Abuse

13cts only

Wan444

25 posts

Posted by Wan444 > 2017-07-25 16:53 | Report Abuse

Hurmm 13

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-07-25 17:53 | Report Abuse

pick up the falling knife with kevlar gloves, hahaha

hongheng7

244 posts

Posted by hongheng7 > 2017-07-25 21:50 | Report Abuse

warrant is strong, Good!

Secret

875 posts

Posted by Secret > 2017-07-25 22:01 | Report Abuse

Anyone bought at price more than 0.18?

Posted by Syakib Arsalan > 2017-07-26 00:36 | Report Abuse

Investing strategy by averaging down.This stock has a good prospect.

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-07-26 11:26 | Report Abuse

is lucky to catch the knife yesterday at 13c...

Posted by asrizabidi > 2017-07-30 19:11 | Report Abuse

https://t.me/sahamteknikmath (channel pembelajaran analisis saham secara online)

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-08-04 09:29 | Report Abuse

breaking 15c will fly

Wan444

25 posts

Posted by Wan444 > 2017-08-04 17:07 | Report Abuse

Monday 17c

Posted by Syakib Arsalan > 2017-08-04 17:38 | Report Abuse

Hopefully can fly .19. This is gem stock

Posted by agcnazriadam > 2017-08-06 22:29 | Report Abuse

Buy signal already there

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-08-07 16:54 | Report Abuse

hohoho....there's news !!

Kawelegen

301 posts

Posted by Kawelegen > 2017-08-08 14:02 | Report Abuse

News but no movement

bleuerouge

3,221 posts

Posted by bleuerouge > 2017-08-08 18:17 | Report Abuse

just a matter of time, hold tight !

Posted by Master Kong Ming > 2017-08-09 22:03 | Report Abuse

t4 tomorrow ...

ooooooo

79 posts

Posted by ooooooo > 2017-08-12 22:59 | Report Abuse

buy......buy....buy....

Pak Andak

896 posts

Posted by Pak Andak > 2017-08-13 23:10 | Report Abuse

coming soon

Pak Andak

896 posts

Posted by Pak Andak > 2017-08-13 23:22 | Report Abuse

Average Price Target: 0.37

Posted by alvisshare > 2017-08-16 17:30 | Report Abuse

good to take in?

Pak Andak

896 posts

Posted by Pak Andak > 2017-08-17 16:38 | Report Abuse

Average Price Target: 0.37
Price Target Upside/Downside: +0.235

klmanutd

41 posts

Posted by klmanutd > 2017-08-23 09:09 | Report Abuse

WHILE Eduspec Holdings Bhd has yet to see its investments in STEM (Science, Technology, Engineering and Mathematics) education churning out big money as its founder Lim Een Hong envisaged, the company has nonetheless attracted the interest of a foreign education group.

Eduspec is currently in advanced talks with a strategic investor, according to Lim, who is also the CEO. Should the discussions bear fruit, the foreign education group will emerge as a substantial shareholder.

“There will be a significant amount of investment [coming from the potential shareholder]. It’s strategic because the group is also in the education sector and it is a huge organisation but has no presence in this region yet,” Lim tells The Edge in an interview recently.

Eduspec’s key attraction is likely its exclusive distribution rights and its right to appoint resellers to distribute the STEM education products offered by iCarneigie Global Learning LLC in most Asean countries, including Malaysia, Singapore, Indonesia, the Philippines, apart from China, Hong Kong, Taiwan, South Korea and India.

“It (the foreign investor) wants to have exposure to Asia,” says Lim, who holds a 17.71% stake.

Eduspec recently established a foothold in China. It signed a framework agreement in June appointing Beijing ZhongChuang HuaYing Technology Co Ltd (BZC) to promote and distribute the Carnegie Mellon University Robotics Academy (CMRA) certified STEM Robotics curriculum in China.

Under the agreement, BZC will be the exclusive distributor in China for five years starting in June 2018, at a total contract value of US$15 million (RM64.36 million) which can be the base for now. “Later, if they need more advance products, the consortium will have to pay us more,” says Lim.

China is a clearly big market for Eduspec to tap into. Already, the company is in talks for a second contract with its Chinese counterparts for STEM with a computer science programme.

“We’re also looking for opportunities in India, Taiwan and South Korea,” says Lim.

For non-Asean countries, Eduspec will only distribute the STEM Robotic products to the local players for an agreed fee. It does not operate in these markets, such as China, India or Taiwan.

Currently, Eduspec has operations in Indonesia, the Philippines, Thailand, Singapore and Malaysia.



Great potential, slow take-up

While STEM education has been made a national agenda in many Asian countries including Malaysia, the pace of adoption is rather slow, Lim says.

“It’s taking longer than we had expected. The first year is very much [about raising] awareness of what STEM education is all about. In fact, we are the first ones to bring the STEM concept to this region,” he says.

Eduspec ventured into STEM education in 2014 after it signed a collaboration agreement with iCarnegie.

Of the 600 Chinese schools in Malaysia that provide computer classes, Lim says, half of them are using Eduspec’s programme. “Now, the plan is to convert them to STEM [programme]. Everything that has to do with ICT or robotics, we are converting it to STEM.”

Last year, only 20 out of 300 schools converted their ICT classes to STEM. The small take-up is attributed to the schools’ having to raise funds to kick-start the STEM programme.

The slow adoption rate is reflected in Eduspec’s financial performance. For the financial year ended Sept 30, 2016 (FY2016), net profit plunged 56.5% y-o-y to RM4.26 million. Revenue, however, grew 7.2% at RM81.46 million.

The home market contributed 53.6% of sales while Indonesia and Singapore contributed nearly 29% and 17.4% respectively.

Because of the weak earnings, Eduspec’s share price has been drifting downwards over the past two years to 14 sen currently, the lowest since November 2013.

Nonetheless, the adoption rate is gaining momentum. Lim says some 100,000 students are participating in the STEM programme this year compared with around 20,000 last year. He expects the figure to hit 300,000 next year. The company has seen strong growth in the Philippines.

In fact, its business in the Philippines is projected to contribute more this year — within 11/2 years, the STEM programme is being used by 60,000 students and over 40 schools in the archipelago.

Lim notes that the revenue from the Philippines is in the form of royalty income. For FY2016, Eduspec posted royalty income of RM984,564, more than six times the total in the year before.



Better earnings prospects ahead?

With the growing number of students in the programme, Lim is positive better earnings will be flowing in soon.

“We are now doing the training in full scale. So, we will see much better revenue and profit margin from this [STEM] business moving forward,” he says.

On whether the company is expected to be profitable in FY2017, he says, “We always believe that we will be profitable because it is always a [product] cycle [that we need to go through now]. We are restructuring some of our businesses and we are also hoping to monetise more

kingcobra

2,772 posts

Posted by kingcobra > 2017-08-23 10:36 | Report Abuse

" RESIGNATION OF AUDITORS "....is it something went wrong with Eduspec Holdings?????????????????

hongheng7

244 posts

Posted by hongheng7 > 2017-08-24 10:10 | Report Abuse

DBT of total 22,093 mil at 0.13 on mother and 51.6 mil on son at 0.03

Posted by money2alvin > 2017-08-24 10:27 | Report Abuse

Wah! Easily earn 116% by sold the warrant at 0.065 today!

TEESH

17 posts

Posted by TEESH > 2017-09-03 10:10 | Report Abuse

stay away.lousy stock since 2-3 years ago. mid-long term downtrend.this stock is for speculator.

ooooooo

79 posts

Posted by ooooooo > 2017-09-04 22:15 | Report Abuse

keep an eyes on it ,see something !....haha!

tingkap

913 posts

Posted by tingkap > 2017-09-05 09:58 | Report Abuse

nothing

TEESH

17 posts

Posted by TEESH > 2017-09-07 09:57 | Report Abuse

-P/E, no dividend policy, net loss,poor FA, mid-long term downtrend, stay away all newbie.

Mohd Hakim

119 posts

Posted by Mohd Hakim > 2017-10-04 21:57 | Report Abuse

i am watching this counter. 0.10-0.12 is a good buy

Posted by Hock Ing Ngang > 2017-10-09 17:43 | Report Abuse

Why everyday drop?

RMSB

258 posts

Posted by RMSB > 2017-10-09 18:27 | Report Abuse

Crap stock. That’s why

RMSB

258 posts

Posted by RMSB > 2017-10-10 15:23 | Report Abuse

This stock is gone. No hope anymore

Posted by Hock Ing Ngang > 2017-10-12 11:46 | Report Abuse

No hope counter moving....?

Posted by Syakib Arsalan > 2017-10-16 17:15 | Report Abuse

PP .15 sen

NoEmo

1,167 posts

Posted by NoEmo > 2017-10-19 22:21 | Report Abuse

a good 14% premium over its current price. A good deal. can looksee looksee.

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