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KLSE (MYR): TDEX (0132)

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Last Price

0.055

Today's Change

0.00 (0.00%)

Day's Change

0.055 - 0.055

Trading Volume

58,800


6 people like this.

1,258 comment(s). Last comment by theavenger 2 months ago

gyaphong

254 posts

Posted by gyaphong > 2014-06-09 17:24 | Report Abuse

在大马,市场对科技公司一般上都带有负面的刻板印象,除了对科技业不甚了解外,科技公司过多并陷入红海互相厮杀,无法交出让人满意的业绩,也是拖累整体印象的原因。

德艺科技(TDEX,0132,创业板)执行主席郭翰铭却认为,只要能掌握当中的游戏规则,就能让公司不断以倍数效应增长,从红海迈向蓝海。

“5年内,德艺科技市值将从目前的7500万令吉,扩大至5亿令吉。”这是他对德艺科技许下的愿景。

并购4大协同作用

1.软硬合并激销售

第一,并购对象的优势在硬体业务,并且是新马IBM和东芝(Toshiba)销售终端系统(point-of-sales)独家总代理,已具备庞大的客户群。

“对方缺乏的是软件上的优势,我们只购入控制权,再结合对方硬体优势,就能都达到互补效用,产生协同效应,让接下来的销售表现产生倍数增长。”

2.现成客户群商机

第二,德艺科技可借助新伙伴的客户群,来扩展本身其他的软件业务,有关公司旗下客户包括特易购、星巴克、永旺(AEON,6599,主板贸服股),已有相当广泛网络。

由于大马消费税即将实行,意味有关销售终端系统将有许多需要更新和改进地方,德艺科技除了在软件开发的优势能助其一臂之力外,还能向原有客户争取更多商机。

3.争取拓海外机会

第三,由于这3家公司是新马IBM和东芝独家总代理,他们也持续在其他国家争取代理机会,这无疑为德艺科技带来海外扩展机会。

据他了解,这数家公司正向柬埔寨提出建议,也可能扩展到印尼。

4.购数据分析分司

第四,这次并购将为德艺科技接下来扩展计划衍生商机,由于销售终端机只能为客户捕获销售数据,但未具备数据分析功能,因此,德艺科技接下来的收购目标,将以数据分析或商业智能为优势公司为主。

“从这里,我们在寻觅其他能为业务产生互补的公司,不断多元化本身的业务,当中增长潜能将是一个倍数效应。”

今年落实2并购

他坦言,德艺科技可以自行研发数据分析或智能商业系统,但当中可能需要耗费3至5年时间,而透过并购能让公司快速达到以上目标。

“今年内,我们料还会落实1至2个献购计划。”

掌握科技界游戏规则

来自食品制造业,身兼合成工业(HUPSENG,5024,主板消费产品股)领导人第二代的郭翰铭,为何会对科技业产生兴趣?

“观察合成工业从创办到上市的过程,让我了解到,上市公司需要有不同的股东、伙伴来合作开发,因而在别人介绍下,我担任了德艺科技的董事。”

发展潜力庞大

在这过程中,郭翰铭逐步观察、了解这个行业,尽管公司正值动荡之际,但却也让他发现科技业有相当多发展潜力,倘若能掌握游戏规则,就能产生倍数效应,爆发火花。

他曾向数家国际科技公司取经,得知创新、研发在科技领域固然重要,但仍有很多公司不懂得开发业务,因而必须透过并购整合,才能产生协同效应。

“这也是为何面子书(Facebook)斥资190亿美元(约628亿令吉)收购WhatsApp。”

郭翰铭表示,许多创意点子可以是别人开发,他们只需要透过财力和人力并购,就能达到锦上添花之效,这就是科技界的游戏规则,让市场不只局限在一个国内,而是全球化发展。

谈到大马,许多人可能认为科技业相当竞争,事实上却可能是1000家公司在只有1000万令吉市场争食,或是有数十家公司都在经营相同的业务。

“其实,透过并购就能达到成本效益,将市场做大,达到快速增长。”

他强调,在了解游戏规则后,也要懂得运用,才能达到事半功倍之效,在选择并购上,他都相当谨慎,以能为业务产生互补、且有获利表现的公司为对象。

并购量力而为免“蛇吞象”

德艺科技截至1月31日第三季季度报告显示,公司虽然手持939万9000令吉现金流,但账面上还有一笔1433万令吉的累积亏损。

此外,首9个月业绩也还在亏损状态,为48万8000令吉。

因此,德艺科技如何进行并购计划,实现5亿令吉市值愿景,也成为市场关注的焦点。

除了在并购上量力而为,“借力打力”也是郭翰铭行使的策略之一。

“我们在早前透过附加股活动,筹集约840万令吉资金。”

他坦言,所筹集的资金规模并不大,因而在并购上会量力而为,避免“蛇吞象”现象出现,以掌握控制权为主,而不是将手上弹药一次耗尽。

“最为重要的是,收购对象必须有销售表现、且是获利的公司。”

以近期收购的3家公司为例,德艺科技只以220万令吉购入55%控制权,这次献购也提供未来2年300万令吉的盈利担保。

有关纲领协议料能在7月进入最终协议,并在2015财年带来贡献,并引领公司转亏为盈。

看好全年亏损可收窄

谈到本财年业绩表现,他深信全年亏损可收窄。

“这是因为我们所争取的政府合约贡献开始浮现。”

去年4月和12月,德艺科技陆续获得大马产业资讯系统(PRISM)颁发合约,总值分别为739万3600令吉和735万4540令吉。

基于德艺科技在早前曾更换财年,因而无法做出按年比较,但本财年首3个季度表现中,除了首季外,第二、三季都有净利。

不排除再配股集资或引入策略性股东

郭翰铭坦言,倘若接下来寻觅有潜力公司,不排除会再进行集资活动,透过私下配售引进策略投资者。

但是,对于这些策略投资者的潜在身分,郭翰铭却不愿多谈。

不过,德艺科技在早前已进行数次的私下配售活动,也在去年进行附加股活动。因此,他要如何说服股东和投资者继续融资?

附加股超购68.06%

“其实,从我们的股价和早前附加股活动的反应,得以发现市场对我们的信心也开始出现回扬现象。”

郭翰铭表示,他将从业绩和认购公司的潜力,让股东对他们改观。

德艺科技股价从今年初13仙水平逐步走高,并在7月5日一度涨88.46%,来到24.5仙,为2010年来新高。

目前,该股仅稍微回吐涨幅,仍在20仙水平以上游走。上周五闭市时报22仙,起0.5仙或2.27%,成交量有311万1000股。

“在去年的附加股活动中,我们也取得68.06%超额认购,一扫我们之前担心无人认购的忧虑。”

由于市场开始了解到德艺科技已更换董事部成员,加上近期的业绩表现,相信也是让市场提振信心的原因之一。

谈到会如何回馈股东,郭翰铭表示,目前还会以专注发展为主,届时将从业绩、股价表现以回馈股东。

此外,郭翰铭在去年1月晋升为大股东,目前手持6.31%股权,在看好公司前景下,他坦言,将会持续增购股权。

自身拥开源系统占优势

德艺科技的优势和特点,是拥有本身的平台,Technodex平台是用开源(Open Source)软件写的平台,可与任何商业软件组合,为客户量身订造适合的系统。

郭翰铭表示,政府早在数十年前表示,要靠自己的原始码(source code),不再依赖国外,因而鼓励国内科技公司自己开发,而拥有本身的开源系统,让德艺科技得以在市场独枝一秀,争取得部分合约。

“市场上拥有本身的开源系统公司并不多。”

因此,现任董事部将会专注本身的优势,并希望借此能扩展海外。

郭翰铭相信,一些发展中的国家如柬埔寨、缅甸等,会有电子商务系统的需求,在这方面已有相当经验的德艺科技料能比他人更占优势

eu7985

1,086 posts

Posted by eu7985 > 2014-06-09 18:29 | Report Abuse

Get some 0.215, collect slow slow, look like it is in uptrend

eu7985

1,086 posts

Posted by eu7985 > 2014-06-11 20:08 | Report Abuse

Today volume ada, but main reverse, ctr no jalan banyak slow...

eu7985

1,086 posts

Posted by eu7985 > 2014-06-13 00:53 | Report Abuse

0.22 lagi ...

eu7985

1,086 posts

Posted by eu7985 > 2014-06-13 23:24 | Report Abuse

0.225 n touch 0.23 a little bit ..

Cweed

2,262 posts

Posted by Cweed > 2014-06-24 20:16 | Report Abuse

Today volume building up. Goreng anything now?

eu7985

1,086 posts

Posted by eu7985 > 2014-06-24 22:30 | Report Abuse

Wher got goreng? Drop back to my enter price ...

Cweed

2,262 posts

Posted by Cweed > 2014-06-25 20:06 | Report Abuse

d Volume very high u know.. 10million+! Quite unusual for a normal counter. Something brewing.....?

eu7985

1,086 posts

Posted by eu7985 > 2014-06-25 21:01 | Report Abuse

Look like they are changing hand lo, move to 0.23 then drop again to 0.215 ...

Cweed

2,262 posts

Posted by Cweed > 2014-06-25 21:38 | Report Abuse

Normally volume oso 10million?

johnny cash

6,400 posts

Posted by johnny cash > 2014-06-25 23:19 | Report Abuse

Write a comment..TechnoDex (TDEX MK) -------24/6
Technical BUY with +24.4% potential return
Last price : RM0.225
Target Price : RM0.245, RM2.80
Support : RM0.210
Stop-loss: RM0.2005
BUY with a target price of RM0.280 with stop
loss at below RM0.20. TDEX’s share price has
consolidated at RM0.215-0.230, treading inside
the “cloud” in the past 9 days. Both the
“tenkan” and “kijun” lines are on the verge of
forming a crossover with an uptick in “chikou”,
with a minor breakout above the “cloud”
yesterday giving a buying signal. Given the
bullish crossover in Stochastic which indicated
a stronger momentum as the share price
rebounded off the steeper trendline, we expect
continuation of the recent uptrend as we peg
our medium-term target at the 1.61x Fibonacci
extension target of RM0.280.

Cweed

2,262 posts

Posted by Cweed > 2014-06-26 17:58 | Report Abuse

Thanks, Johnny Cash for the analysis :)

Cweed

2,262 posts

Posted by Cweed > 2014-06-26 17:59 | Report Abuse

eu7985 Look like they are changing hand lo, move to 0.23 then drop again to 0.215 ...
25/06/2014 21:01
---
So, tomorrow back to 0.23? Kikikiki!!!! Good! Good ! :)

eu7985

1,086 posts

Posted by eu7985 > 2014-06-26 18:05 | Report Abuse

Don't think so lo, today drop lagi to 0.21, ppl who buy this ctr based on huge volume 25 june, today is t+1, will ding dong at 0.21~0.22, cut out some weak holder, think will end up become long term invester...

Cweed

2,262 posts

Posted by Cweed > 2014-06-26 18:08 | Report Abuse

Dun worry la... got volume...3.9m wohhh... will sure go up one tomorrow.. :)

eu7985

1,086 posts

Posted by eu7985 > 2014-06-27 18:26 | Report Abuse

0.205 liao....

Cweed

2,262 posts

Posted by Cweed > 2014-06-27 20:19 | Report Abuse

hi eu7985,
Market dropped 9 points. What do we expect....
Anyway, curious, why u bot a share u do not have much confidence in?
It still has volume (almost 3m) . Also, it's uptrend since 2013. For investment, ok u know... U punting uhh?

Cweed

2,262 posts

Posted by Cweed > 2014-06-27 20:21 | Report Abuse

eu7985, how much u bot?

vioscity

375 posts

Posted by vioscity > 2014-06-27 22:16 | Report Abuse

qtr report out alrdy ... result so so only ... hope the price will uptrend next week to 23cts again

eu7985

1,086 posts

Posted by eu7985 > 2014-06-27 23:01 | Report Abuse

I hav 500 lot lo, 0.215, q to sell 0.265, but x sangka the highest it can go is 0.23 only .... That day x sell 0.235 which in profit, now paper loss oldy ...

Cweed

2,262 posts

Posted by Cweed > 2014-06-28 15:22 | Report Abuse

Market difficult to predict. But, I think...sure can go up one la.... Only 0.01 down fr yr purchase price. Sap sap Sui lah :)

Cweed

2,262 posts

Posted by Cweed > 2014-06-30 15:21 | Report Abuse

Go!go!go! TDEX! Not difficult to go back to 0.205!

Cweed

2,262 posts

Posted by Cweed > 2014-06-30 18:32 | Report Abuse

Heheheh! 0.205 !

vioscity

375 posts

Posted by vioscity > 2014-07-03 16:17 | Report Abuse

faster TDEX, movidg UP please ...

Posted by kh911loh > 2014-07-03 16:31 | Report Abuse

dropped 5% to 0.19. What happened to TDEX?

Cweed

2,262 posts

Posted by Cweed > 2014-07-03 18:13 | Report Abuse

No volume. Gotta wait...

eu7985

1,086 posts

Posted by eu7985 > 2014-07-03 18:26 | Report Abuse

Got volume , but is down trend ..

Cweed

2,262 posts

Posted by Cweed > 2014-07-03 18:53 | Report Abuse

My Remisier says, sharks take turn to goreng one... Diam-diam they come and whack sometimes... So, as long as got volume, no worries. Some more this month slow month... Huhuhuhuh! Never mind, u still have me to accompany u... :) u got buy Priva, upward solid oh... Dun play contra though, gila2 punya tat ctr - can slow down cos got huge volume to clear each day...

eu7985

1,086 posts

Posted by eu7985 > 2014-07-09 00:37 | Report Abuse

0.19 ... X konw will it back to 0.10 it previous low price ...

vioscity

375 posts

Posted by vioscity > 2014-07-11 15:15 | Report Abuse

its's growing ....

eu7985

1,086 posts

Posted by eu7985 > 2014-07-21 21:49 | Report Abuse

0.19 again ...

vioscity

375 posts

Posted by vioscity > 2014-07-23 21:03 | Report Abuse

TDEX no more active now..... sad

eu7985

1,086 posts

Posted by eu7985 > 2014-07-30 21:14 | Report Abuse

Today active back...

vioscity

375 posts

Posted by vioscity > 2014-07-30 21:44 | Report Abuse

but the price cannot breakthru 0.195 ...

steveooikp

4,689 posts

Posted by steveooikp > 2014-07-31 09:43 | Report Abuse

this one can buy? NTA so low///

bbc123

502 posts

Posted by bbc123 > 2014-09-02 17:20 | Report Abuse

T-Rex stirring ! Upheaval anytime NOW!

vioscity

375 posts

Posted by vioscity > 2014-09-11 20:51 | Report Abuse

Finally up already ....

bbc123

502 posts

Posted by bbc123 > 2014-09-13 15:05 | Report Abuse

Shoot liao. Show over! Hahaha!

vioscity

375 posts

Posted by vioscity > 2014-09-23 09:07 | Report Abuse

HO SEH LIAO .... Finally

Albert Lee

156 posts

Posted by Albert Lee > 2014-09-23 12:31 | Report Abuse

Where got ho seh?not strong leh..

vioscity

375 posts

Posted by vioscity > 2014-09-23 15:50 | Report Abuse

aiyar ... thought will ho seh ... q sell at 23cts .... need to wait for tomoro already

Posted by smartinvestor5578 > 2014-09-24 22:32 | Report Abuse

coming soon

vioscity

375 posts

Posted by vioscity > 2014-09-25 15:42 | Report Abuse

game over... start sleeping alrdy

Albert Lee

156 posts

Posted by Albert Lee > 2014-09-25 16:46 | Report Abuse

Will going back to 0.19......

lengfan

15 posts

Posted by lengfan > 2014-09-25 23:26 | Report Abuse

my remiser said it's will go to Rm0.30 , cos the company boss is he uncle ...

Albert Lee

156 posts

Posted by Albert Lee > 2014-09-26 12:55 | Report Abuse

Maybe 2017.......haha

Albert Lee

156 posts

Posted by Albert Lee > 2014-09-27 12:09 | Report Abuse

Its good result or not?

snake_eye

958 posts

Posted by snake_eye > 2014-09-27 14:57 | Report Abuse

good..

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