OMESTI BHD

KLSE (MYR): OMESTI (9008)

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Last Price

0.155

Today's Change

+0.005 (3.33%)

Day's Change

0.15 - 0.155

Trading Volume

1,391,100


7 people like this.

1,717 comment(s). Last comment by curiousq 6 days ago

bleuerouge

3,221 posts

Posted by bleuerouge > 2018-03-23 14:23 | Report Abuse

omesti wb is so cheap now...0.03 !!

kelvin17

565 posts

Posted by kelvin17 > 2018-03-27 16:35 | Report Abuse

when it was 0.05 we said is so cheap , now is 0.03 we said again so cheap . watch out once our friend has collected enough it wouldnt be so cheap again

bleuerouge

3,221 posts

Posted by bleuerouge > 2018-03-28 00:00 | Report Abuse

watch closely tomorrow. cheers !!

kelvin17

565 posts

Posted by kelvin17 > 2018-04-16 15:25 | Report Abuse

yes is coming

kelvin17

565 posts

Posted by kelvin17 > 2018-04-18 10:23 | Report Abuse

its gone again ....

Jessie Ng

502 posts

Posted by Jessie Ng > 2018-04-18 11:11 | Report Abuse

amazing

Leon Ng

5 posts

Posted by Leon Ng > 2018-05-18 08:42 | Report Abuse

No volumn at all...

Posted by tengcherng > 2018-05-22 14:44 | Report Abuse

Is omesti a pakatan alied?

kakijudi

1,086 posts

Posted by kakijudi > 2018-05-31 18:56 | Report Abuse

100m write off. Good. Clean the books . Next quarter will be profitable

noobbie

1,122 posts

Posted by noobbie > 2018-07-30 14:06 | Report Abuse

oversold already...gonna rebound soon

Posted by losangeles17 > 2018-11-20 21:15 | Report Abuse

Hallo any good news for Omesti , pl advice so that can pick some cheap stock now

sc Khaw

130 posts

Posted by sc Khaw > 2018-12-01 09:48 | Report Abuse

Another farked up quarter. Pn17 incoming.

Posted by commonsense > 2019-02-08 13:59 | Report Abuse

Putting aside the issues that they are facing with the MACC with regards to SSM’s Digital Core Registry contract, this is a company that have been continuously delivering losses to its shareholders since FY16. Core net loss to shareholders (excluding all one-off losses like impairments etc) from FY16 to FY18 are: -RM11.9mil, -RM6.7mil and -RM13.8mil respectively. Thinking that they can suddenly deliver substantial enough profit to its shareholder in FY19 or in FY20 might be a bit of a wishful thinking on the part of some investors.

The company posted a 1H19 core net losses (after excluding all the one-off items) of around -RM10mil which is more than double to the net core losses of RM3.6mil in 1H18. Some investors were expecting FY20 to post better results given the recent launch of the MBRS system for SSM which was to run under the company until March 2023 (management did not give any indication of the type of profit this contract will bring. The contract is under Formis Network Services Sdn Bhd which is a 51% subsidiary of the group). However, this was put in doubt given the recent issues with the MACC. Since most of the company’s revenue are derived from government contracts, any negative findings by the MACC would most probably affect the company future outlook in securing more IT related contracts which itself will affect the company’s financials.

If you are looking to diversify your portfolio outside of Omesti (due to its earnings uncertainties), I would recommend you to look at MBMR.

MBMR is a direct proxy to Perodua via its 22.6% interest in the company. Valuation is cheap at only 6.9x PE (based on target FY18 profit of RM145mil. 9m profit is already RM106mil). PB is low at only 0.7x BV. 4Q18 results is expected to be higher than 3Q18 and last year's 4Q17.

FY19 growth will be driven by the still high demand of the new Myvi and the newly launched SUV Aruz and also the newly revamp Alza in 2H19. The recent announcement of closure and potential disposal of the loss-making alloy wheel manufacturing business alone is expected to boost the company’s profit by an additional RM20mil. I am projecting a profit to shareholder of RM170 mil for FY19 which at the current price values MBMR at only 5.9x PE.

Please go through the analyst reports (https://klse.i3investor.com/servlets/stk/pt/5983.jsp) and do your own analysis before making any decisions. There are 8 analysts in total covering the stock with most of them having a TP of above RM3 (all have a buy rating). The average TP for the 8 analysts is around RM3.50.

Good luck.

Posted by Rosen Stella > 2019-12-09 16:44 | Report Abuse

Subj : The stock price of OMESTI start strong uptrend

Dear valued clients,

According to TA, the stock price breaks away from bottom RM 0.42 and new strong uptrend just form.

I hope you will collect slowly before the price shoot up so fast so that the public still have chance to buy at a cheaper price.

Any weakness, please add position.

My TP is RM 0.80, I will send my internal report tonight.

Thank you.
Oi
寧可天下人負我, 休教我負天下人

yip_8988

117 posts

Posted by yip_8988 > 2019-12-09 17:28 | Report Abuse

睡觉股

Hotboy

91 posts

Posted by Hotboy > 2019-12-10 10:46 | Report Abuse

go go go

thesteward

6,752 posts

Posted by thesteward > 2019-12-14 08:28 | Report Abuse

Onesti. Can look at entry ...
Another 2020 gem !

thesteward

6,752 posts

Posted by thesteward > 2019-12-16 09:10 | Report Abuse

Buy Omesti

Posted by Sebastian Power > 2019-12-18 11:08 | Report Abuse

Mesti naik

thesteward

6,752 posts

Posted by thesteward > 2020-01-02 08:43 | Report Abuse

Time to fly

Pak Abu

1,406 posts

Posted by Pak Abu > 2020-01-02 08:48 | Report Abuse

O..mesti naik punya!! Heehe...

thesteward

6,752 posts

Posted by thesteward > 2020-01-02 13:03 | Report Abuse

Kekeke told you all .50 Sen time today went to 54 .
I m adding today at .525 I believe can fly before cny .
Fingers crossed

thesteward

6,752 posts

Posted by thesteward > 2020-01-02 18:34 | Report Abuse

Omesti willl gogo again befire cny . My 2 Sen . Let’s see. Hopefully can hit 60

thesteward

6,752 posts

Posted by thesteward > 2020-01-02 22:55 | Report Abuse

Watch k!

thesteward

6,752 posts

Posted by thesteward > 2020-01-05 18:46 | Report Abuse

Don’t miss Omesti . Mark my word .

rogers123

3,992 posts

Posted by rogers123 > 2020-01-10 15:22 | Report Abuse

oracle

thesteward

6,752 posts

Posted by thesteward > 2020-01-10 19:09 | Report Abuse

Have a good feel about this one

thesteward

6,752 posts

Posted by thesteward > 2020-01-10 19:10 | Report Abuse

Sud be good to go soon

thesteward

6,752 posts

Posted by thesteward > 2020-01-12 15:25 | Report Abuse

Hope Omesti w give good Ang pow before cny n not only give after cny. ....make Loyal shareholders happy for 2020 ...be kind to shareholders not stringy haha

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 10:27 | Report Abuse

Took profit half at 545 keep the rest

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 11:13 | Report Abuse

Balance I keep for 60 believe all come

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 11:22 | Report Abuse

Hold tight .....

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 11:23 | Report Abuse

If can break .555 it is kaboom!

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 11:32 | Report Abuse

Think this gem can go above 60/65

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 11:33 | Report Abuse

Feel so alone here again

wind_00

94 posts

Posted by wind_00 > 2020-01-14 11:38 | Report Abuse

just enter at 5.60. Pray for 6.00 or more

wind_00

94 posts

Posted by wind_00 > 2020-01-14 11:41 | Report Abuse

If break 5.70 today. Sure fly liao this counter.

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 11:42 | Report Abuse

Omesti I hv confident will break 60. Fingers crossed

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 11:42 | Report Abuse

Look at post 12/01 ...
Cun cun

wind_00

94 posts

Posted by wind_00 > 2020-01-14 11:45 | Report Abuse

wow. thesteward you really are fortuneteller.

wind_00

94 posts

Posted by wind_00 > 2020-01-14 11:46 | Report Abuse

everytime cun cun

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 11:48 | Report Abuse

Not fortune teller just a pattern reader

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 11:48 | Report Abuse

Tq for your kind thoughts

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 11:49 | Report Abuse

Omesti if break 57 today can potentiallu break 60 in 2 weeks. Fingers crossed

wind_00

94 posts

Posted by wind_00 > 2020-01-14 12:00 | Report Abuse

yeah, let's wait n see. Finger crossed

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 12:03 | Report Abuse

Kekeke cun cun predicted got any pow to collect wakakaka

wind_00

94 posts

Posted by wind_00 > 2020-01-14 12:13 | Report Abuse

The more cun the more pao we can collect. At the same time can try check GCB counter too. Feels like going to bull.

thesteward

6,752 posts

Posted by thesteward > 2020-01-14 12:17 | Report Abuse

Ok tq this one I Huat big befire bonus n after bonus gcb

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