TIME DOTCOM BHD

KLSE (MYR): TIMECOM (5031)

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Last Price

5.42

Today's Change

-0.09 (1.63%)

Day's Change

5.39 - 5.54

Trading Volume

2,333,400


7 people like this.

987 comment(s). Last comment by 1DERFUL 6 days ago

Kristal

50 posts

Posted by Kristal > 2019-12-03 12:38 | Report Abuse

We believe fixed-line operatorsWe believe fixed-line operators such as TIME will likely get a BIGGERallocation from the RM21.6 billion National Fiberisation and Connectivity Plan, given its extensive nationwide fibre network. Consistent with the national initiatives, TIME is focusing on strengthening its existing domestic fibre network infrastructure and expanding its network coverage throughout Malaysia.

TIME will continue to work with its partners in Thailand, Vietnam and Cambodia to create a seamless regional telecoms network that will connect Indo-China to Malaysia and Singapore. It also intends to expand its data centre market presence regionally, and grow its customer base to include interconnected players from various industries.

We continue to like TIME for its strong growth profile, contributed by both its wholesale (domestic and international) and retail segments. Despite the recent reduction in pricing, the company is still executing well in the domestic fixed broadband market, and we believe it is poised to gain a meaningful market share in the medium to long term. We maintain a “buy” recommendation with an unchanged discounted cash flow-based TP of RM10.70. TIME is trading at an attractive valuation of 15.7 times FY20 price-earnings ratio (-1SD [standard deviation] below the mean) and has a strong balance sheet to support its network expansion. — AllianceDBS Research, Dec 2 such as TIME will likely get a bigger allocation from the RM21.6 billion National Fiberisation and Connectivity Plan, given its extensive nationwide fibre network. Consistent with the national initiatives, TIME is focusing on strengthening its existing domestic fibre network infrastructure and expanding its network coverage throughout Malaysia.

TIME will continue to work with its partners in Thailand, Vietnam and Cambodia to create a seamless regional telecoms network that will connect Indo-China to Malaysia and Singapore. It also intends to expand its data centre market presence regionally, and grow its customer base to include interconnected players from various industries.

We continue to like TIME for its strong growth profile, contributed by both its wholesale (domestic and international) and retail segments. Despite the recent reduction in pricing, the company is still executing well in the domestic fixed broadband market, and we believe it is poised to gain a meaningful market share in the medium to long term. We maintain a “buy” recommendation with an unchanged discounted cash flow-based TP of RM10.70. TIME is trading at an attractive valuation of 15.7 times FY20 price-earnings ratio (-1SD [standard deviation] below the mean) and has a strong balance sheet to support its network expansion. — AllianceDBS Research, Dec 2

Kristal

50 posts

Posted by Kristal > 2019-12-05 16:21 | Report Abuse

KUALA LUMPUR (Dec 5): TIME dotCom Bhd is collaborating with Facebook to invest in internet infrastructure in Malaysia, which will further open up the nation to more connections and international hubs.

In a statement today, Time dotCom said the network infrastructure project is expected to be completed by the end of the second quarter of next year, which will be exclusively for Facebook and its family of applications.

However, it did not elaborate on the kind of infrastructure that the parties intend to build.

“Facebook’s mission is to give people the power to build communities and bring the world closer together. This partnership will allow us to build a faster and more efficient network to better support our family of apps and services,” said Nico Roehrich, Facebook network investment manager, APAC.

Time dotCom head of OTT, Chiew Kok Hin, said the company is looking forward to the partnership, as it will pave the way for Malaysia to establish itself as a regional technology hub.

“More international connectivity and a robust domestic backbone will attract sizeable investments into Malaysia. It only makes sense for us to capitalise on the strategic location of Malaysia in Southeast Asia, ease of access and relatively lower cost of entry,” Chiew said.

Time dotCom said the government has been constantly reviewing policies, laws and regulations to adapt to the fast-changing global market landscape, noting steps taken by the Transport Ministry to simplify regulatory approval for local and foreign vessels carrying out undersea cable repairs within Malaysian waters.

It also said significant steps have been taken to boost Malaysia’s competitiveness to make the country attractive to global technology giants like Facebook, Google, Amazon, Microsoft, Apple, Alibaba and Tencent, which are not only investors of submarine cables but also builders of hyperscale data centres.

At 3.09pm, Time dotCom fell 3 sen or 0.33% to RM9.17, giving it a market capitalisation of RM5.37 billion.

LouiseS

286 posts

Posted by LouiseS > 2019-12-11 12:49 | Report Abuse

TIMECOM's earning performance has been increasing in last five years, whereby its earning per share overall increased from 30.34 sen to 49.13 sen. Return on equity is around 12%. Share price remained steady at around RM8 to RM9 in last three years. Dividend yield is around 2.23%.

https://louisesinvesting.blogspot.com/2019/12/comments-on-time-dotcom-berhad-5031.html

LouiseS

286 posts

Posted by LouiseS > 2019-12-12 13:23 | Report Abuse

Based on comparison of 6 major telecommunications services providers in Malaysia, it is found that TIMECOM is not ranked as one of the TOP 3 telecommunications counters worthy to invest in. However, TIMECOM stands out in performance indicators such as having the highest share price (RM9.16), which has been steady in the last few years, as well as having the highest earning per share. It also has relatively low P/E ratio (16.92) compared to other counters.

https://louisesinvesting.blogspot.com/2019/12/comparison-of-major-telecommunications.html

Posted by Choivo Capital > 2020-02-28 19:33 | Report Abuse

Ah, KIRZ impairments of about RM22.1m knocked down the profits this Q.

One thing i find interesting, is that their (failed?) venture into thailand cost only RM22.1+RM11.7 (Investment of THB87.4m), for a grand total RM33.8m.

Not bad, costs alot less than what i would have expected.

James Ng

2,670 posts

Posted by James Ng > 2020-03-18 21:45 | Report Abuse

https://klse.i3investor.com/blogs/general/2020-03-18-story-h1484922403.jsp
[转贴] [Facebook live video:浅谈Time Dotcom bhd (TimeCom)] - James的股票投资James Share Investing

Posted by Choivo Capital > 2020-03-19 13:14 | Report Abuse

I sold my TIMECOM to pour more into US Markets.

Thank you so much TIMECOM.

The first company i actually properly understood in malaysia, and purchased at a good price.

What a company. I wish i will have the chance to buy you again.

If / When that time comes, i think i would be in a much better place financially. Hopefully.

To an extent, i think this is the only company in BURSA i can say i truly understood.

Thank you.

Khoo810

160 posts

Posted by Khoo810 > 2020-03-22 00:19 | Report Abuse

Hi Jon...may i knw wat stock u still holding and averaging down now? Thx

Posted by onlyhuat888 > 2020-03-22 17:32 | Report Abuse

NFCP project

Posted by updownleftright > 2020-03-24 09:46 | Report Abuse

This stock quite stable amid the crisis. Many long term investors

Posted by foreverchung > 2020-04-06 16:00 | Report Abuse

Looks like EPF need emergency funds

mike168

67 posts

Posted by mike168 > 2020-05-04 12:21 |

Post removed.Why?

Kristal

50 posts

Posted by Kristal > 2020-05-14 21:46 | Report Abuse

TIME dotCom (TDC MK) $TIMECOM / 5031 (TIME DOTCOM BERHAD)
Research by UOB Kay Hian
BUY (maintained) ; Target Price: RM11.10

"A Gem In A Haystack"

We like the stock for its good growth prospects, quality earnings and strong
management. We project a 3-year earnings CAGR of 11% (vs pedestrian telco sector
earnings), driven by Internet and data centre growth.

Chong Lee Len
603 2147 1992
leelen@uobkayhian.com

Chloe Tan Jie Ying
603…

mf

27,756 posts

Posted by mf > 2020-05-18 18:05 | Report Abuse

Bursa trading volume at fresh high above 11b units
MARKETS
Monday, 18 May 20205:19 PM MYT
By Joseph Chin

RainT

8,448 posts

Posted by RainT > 2020-05-20 11:30 | Report Abuse

share price already near new high again

how high more TIMECOM can go ?

RainT

8,448 posts

Posted by RainT > 2020-05-20 11:40 | Report Abuse

TIMECOM

current share price : RM10.98
current EPS : RM0.521
current PE : 21 times


normalise PE : 15 times
future EPS to be : RM0.732
growth frm current EPS to future EPS : 40%

Means that TIMECOM future EPS shall growth around 40% in future then only you buy at current price of RM10.98 is worth it

RainT

8,448 posts

Posted by RainT > 2020-05-20 11:42 | Report Abuse

but can TIMECOM grow its EPS at 40%?

frm past record , its EPS has been growing on average 12% per year

so need at least 3 years plus then only can justify you buying at RM10.98 today

chonloo13

59 posts

Posted by chonloo13 > 2020-05-21 18:09 | Report Abuse

Up everyday.

Kristal

50 posts

Posted by Kristal > 2020-05-28 13:13 | Report Abuse

PRESS RELEASE
For Immediate Release
Resilient Growth Recorded in Q1 2020
• Consolidated Group revenue grew 12% year-on-year
• Revenue growth recorded across all core product groups and core customer groups
Shah Alam, 28 May 2020 – TIME dotCom Berhad (“TIME” or “the Group”) recorded consolidated
Group revenue of RM293.9 million for the quarter ended 31 March 2020. The 12.0% increase
relative to the same period in the preceding year was driven by higher overall revenue growth seen
across all core product and customer groups.
A current quarter consolidated profit before tax of RM125.6 million was recorded. This was driven
by higher overall revenue growth, a large net gain on foreign exchange, lower interest expense
and a higher share of profit from associates.
“The remainder of 2020 will be a challenging one, not just for our industry, but for the global
economy at large. Thankfully, we enter this period with a robust operational framework and a solid
balance sheet. This should help us weather through the rest of the year as we adapt to the
challenges posed by COVID-19,” said Afzal Abdul Rahim, TIME’s Commander-in-Chief.
Outlook
The first quarter of 2020 saw the enforcement of the Movement Control Order (“MCO”) in Malaysia
as a measure to combat the spread of COVID-19. The MCO has been in place since 18 March
2020, and its impact on consumers and businesses across the country has been profound. As an
“Essential Service”, the Group has continued to operate throughout this period. At this stage, it is
too early to determine the full impact that COVID-19 and the MCO will have on the Group.
The Group’s immediate and ongoing priorities are to safeguard the health of all its employees and
to ensure 100% network availability and stability through these challenging times. In the medium￾term, the Group will continue to focus on supporting the Malaysian government achieve its national
telecommunications objectives by strengthening and expanding its existing domestic fibre network
infrastructure.
On the regional front, the Group will continue working with its partners in Thailand, Vietnam and
Cambodia to tap on increasing demand for cross border connectivity across the ASEAN region.
The Group will also assess opportunities to further establish itself as a key regional data centre
player and operator with the intention to unlock the long-term potential of its data centre business.
END@

Picanto

74 posts

Posted by Picanto > 2020-05-28 14:25 | Report Abuse

"Encik Afzal Abdul Rahim, the Chief Executive Officer and Non-Independent Executive Director of the Company, fully exercised all
17,215,907 share options granted to him. The exercise of his share options were completed in two tranches, the first on 8 April 2020 for
11,000,000 new ordinary shares and then the balance of 6,215,907 new ordinary shares on 16 April 2020. Both tranches were completed
at the adjusted exercise price of RM5.575 per share"

At current price of RM11.35 per share, the CEO easily pocketed RM100mil from the share options.

Posted by foreverchung > 2020-05-28 15:31 | Report Abuse

@RainT, yes might be worthy hahaha!

RainT

8,448 posts

Posted by RainT > 2020-05-28 16:42 | Report Abuse

quarter result so good oh

congrats

limitupupup

1,466 posts

Posted by limitupupup > 2020-05-28 19:25 | Report Abuse

missed the rocket d, congratz all investors

mf

27,756 posts

Posted by mf > 2020-05-30 23:15 | Report Abuse

India reported nearly 8,000 new COVID-19 infections on Saturday.

Monica

164 posts

Posted by Monica > 2020-06-11 14:39 | Report Abuse

mf, so?

Posted by doublesunday > 2020-06-19 02:18 | Report Abuse

3 years ago I sold Time due to concern on the high PE and high capex. Bought into time now as pass 3 year result was proven capex bring back money. Look at EBITDA, it reaching 500M.

RainT

8,448 posts

Posted by RainT > 2020-06-20 16:16 | Report Abuse

TIMECOM keep in fridge for long term

RainT

8,448 posts

Posted by RainT > 2020-06-20 16:18 | Report Abuse

quarter depreciation is 12% of sales value, quite big

this is heavy capex company

Michael Kwok

5,960 posts

Posted by Michael Kwok > 2020-06-23 20:21 | Report Abuse

Now recommend sanitizer company name Nylex.Medium term less thn 6 month.Even new normal need to use Sanitizer,facemask,glove(glove order book 1 and a half years).Please read below then invest big.Prefer rm 15k per person or more.

Posted by Michael Kwok > Jun 23, 2020 8:05 PM | Report Abuse X

On July 19 I call buy big rm 15k per person at 65 cents.More sectors open up to over 90 over percent.Sanitizer alcohol base is a must even after RMCO as one of the new normal.
Michael Kwok
2128 posts
Posted by Michael Kwok > Jun 19, 2020 12:53 PM | Report Abuse X

No need slowly.Go and buy rm 15k each investor.Follow me.Im also writer(Predict upward)of AT,Anzo,MQ Tech,Vortex (on average 2-2.5 cents before)

Posted by wallstreetrookie > 2020-07-16 14:42 | Report Abuse

is this counter dead?

Posted by wallstreetrookie > 2020-07-17 11:41 | Report Abuse

low buying volume huh?

Posted by wallstreetrookie > 2020-07-23 16:20 | Report Abuse

highly recommended counter. Good financials and business model. High growth potential. Just requires patience.

Posted by wallstreetrookie > 2020-07-29 15:12 | Report Abuse

Stable stock. Suitable to low risk investment

Booyeah

365 posts

Posted by Booyeah > 2020-08-09 00:37 |

Post removed.Why?

Posted by OldWiseMan100 > 2020-08-09 11:11 |

Post removed.Why?

Posted by wallstreetrookie > 2020-08-09 11:14 | Report Abuse

Good counter. Don't have to worry about stock price dropping. Buy and then close eyes go back to real life. Will come back after 4 years

Yusofff

29 posts

Posted by Yusofff > 2020-08-09 11:19 | Report Abuse

Time DotCom
Assuming the Company is able to generate 10-15% growth consistently over the years and couple with the continuous cash generation as per % of sales, with an average industry PE of 20 (conservative PE) the company could derive a fair value of RM 14.97 which is 37-38% upside from their current share price.
https://jawplace.com/the-growth-of-data-usage/

Kristal

50 posts

Posted by Kristal > 2020-08-09 22:59 | Report Abuse

Earnings Projection – Valuation as at 8/8/2020

Share price = RM 10.86
Market Capitalisation = 6,599 million
Net Cash Position = 420 million
Cash per share = 0.70 cents (one of the highest cash per share company in bursa Malaysia)
Current PE = 18 (Compare to TM pe of 31.27. Industry PE range 20 to 25).
EV/ EBITDA = 11.59
ROE = 11% (Industry average of 8-10%)
NTA = 4.63
Debt Ratio = 0.03
Cash flow to sales ratio = 55% (layman term – more than 50% of their sales are converted to cash)
Average Profit Margin = 30% – 40
Assuming the Company is able to generate 10-15% growth consistently over the years and couple with the continuous cash generation as per % of sales, with an average industry PE of 20 (conservative PE) the company could derive a fair value of RM 14.97 which is 37-38% upside from their current share price.
Note: We do prepare a more detailed report on this company. Please feel free to drop us a whatsapp or text to request for the free report!

Posted by wallstreetrookie > 2020-08-14 22:35 | Report Abuse

Finally green. Good investment here

Posted by limabel608 > 2020-08-14 23:55 | Report Abuse

TIMECOM - One of my favorite counter ^^

Posted by Choivo Capital > 2020-08-21 17:44 | Report Abuse

Pretty good result.

I think normalized earnings for them is about 280m a year, growing at about 10-15% per annum.

Posted by GorengHealthcare > 2020-08-25 17:12 | Report Abuse

Time for time. hahhahaha

Posted by wallstreetrookie > 2020-08-26 23:24 | Report Abuse

Good counter :) steady growth no goreng confirmed

Posted by wallstreetrookie > 2020-08-29 11:35 | Report Abuse

This counter is so damn strong. P/E at 20 Share price still stable at RM11.50 ROE: 11.38 healthy balance sheet clean cash flow strong fundamentals. I wish I can put every cent of my savings in this counter

Posted by wallstreetrookie > 2020-09-03 08:37 | Report Abuse

Today up

Posted by wallstreetrookie > 2020-09-05 17:01 | Report Abuse

Bullish counter despite selling pressure in all tech counters. Positive growth potential.

Posted by wallstreetrookie > 2020-09-05 20:33 | Report Abuse

Only person promoting this counter. But if you are the value investor type, look no further.

Posted by wallstreetrookie > 2020-09-05 20:34 | Report Abuse

High-speed Internet and cloud computing will continue to expand for decades

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