DATASONIC GROUP BERHAD

KLSE (MYR): DSONIC (5216)

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Last Price

0.475

Today's Change

+0.015 (3.26%)

Day's Change

0.465 - 0.48

Trading Volume

5,359,600


74 people like this.

64,142 comment(s). Last comment by Donator 1 day ago

Fooksing Wong

1,138 posts

Posted by Fooksing Wong > 2020-02-13 09:37 | Report Abuse

Old story

Molly Ngui

409 posts

Posted by Molly Ngui > 2020-02-13 10:10 | Report Abuse

Old story is past, future is more important..

Molly Ngui

409 posts

Posted by Molly Ngui > 2020-02-13 10:14 | Report Abuse

Some ppl just like to dwell in the past, please move on, IT is the theme play now, future here i come..

Posted by learnfromme > 2020-02-13 11:28 | Report Abuse

Panic? Sell all your units in lower price and we will take care for you.

Sky88

230 posts

Posted by Sky88 > 2020-02-13 11:43 | Report Abuse

Collect more!!! Cheap sale, before up later

Yuming

548 posts

Posted by Yuming > 2020-02-13 11:53 | Report Abuse

ya, be patient, like KAB, i bought 0.30, dropped to 0.19 (even with good result n report) since from 2018 to 2019 mid year, then shoot up to almost 2.00 now...... What u expected. Top n hot stock til last month.

Posted by bunuhsateman > 2020-02-13 12:06 | Report Abuse

BB vPower start EngIne Liao... Buy b4 too late !!!

Molly Ngui

409 posts

Posted by Molly Ngui > 2020-02-13 12:09 | Report Abuse

Time to collect again..

Molly Ngui

409 posts

Posted by Molly Ngui > 2020-02-13 12:14 | Report Abuse

When was the news excuse me, 2014 2015 hello now VISION 2020

Molly Ngui

409 posts

Posted by Molly Ngui > 2020-02-13 12:15 | Report Abuse

Wake up

Lee1045

126 posts

Posted by Lee1045 > 2020-02-13 12:57 | Report Abuse

From 0.39 up to 1.50, some more requests? Please wake up, don’t dream so much!!! There should be selling point.

GiantPanda

1,355 posts

GiantPanda

1,355 posts

Posted by GiantPanda > 2020-02-13 13:31 | Report Abuse

From 0.39 up to 1.50, Malicious FAKE NEWS and RUMORS never stopped come to attack Dsonic

GiantPanda

1,355 posts

Posted by GiantPanda > 2020-02-13 13:32 | Report Abuse

Judge yourself your new IC and Passport quality much higher than old ones or not

GiantPanda

1,355 posts

Posted by GiantPanda > 2020-02-13 13:38 | Report Abuse

Adopt
Pang72 Dsonic strategy:
Buy and Hold put into safe box
(All the Directors and Insiders keep Tambah Nasi huge millions of shares)
Ignore all the nonsenses, rumors and fake news
Awarded with projects one after another
Target price >RM3

Ron90

4,082 posts

Posted by Ron90 > 2020-02-13 13:42 | Report Abuse

that official inform court that Ssonic substandard quality, got contract only due to close relationship..etc..

he also mentioned that IRIS is the better option instead but no undertable thats why Iris lost to Dsonic..so judge yorself la, do Dsonic still get the new contract this year??

GiantPanda

1,355 posts

Posted by GiantPanda > 2020-02-13 14:03 | Report Abuse

Already won new contract of MyKad
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3016526

Already won new contract of foreigner e-gate with facial recognition system
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3020762

Already won new contract of Passport chips
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3020802

waiting for Foreign Visa System in February and National Integrated Immigration System in March

Yuming

548 posts

Posted by Yuming > 2020-02-13 14:52 | Report Abuse

Go search and study who is current head of Dsonic and his background then you will know DSONIC can go how far coming 3 years.

Posted by dragon12345 > 2020-02-13 14:55 | Report Abuse

ONE of the notable off-­market transactions during the period under review was that at Datasonic Group Bhd, where 40 million shares, or 3% equity interest, traded off market in a block trade at RM1.63 apiece, for a transaction value of RM65.2 million.
Datasonic’s stock continued on its upward trajectory after tripling in value last year. It hit a five-year high of RM1.67 on Jan 24, following news in mid-January that it had obtained a one-year extension of its contract — from Jan 1, 2020, to Dec 31, 2020 — to supply raw MyKad and related consumables to the government.
In May 2016, Datasonic was awarded a 3½-year contract worth RM260.4 million for the supply of 12 million raw MyKad and MyKad consumables to the National Registration Department, from July 1, 2016, to Dec 31, 2019. News of the extension this year further fuelled the stock, which closed at RM1.59 on Jan 29.
Datasonic’s latest available results show net profit for the six months ended Sept 30, 2019, rising 75% year on year to RM27.83 million as revenue strengthened 15% to RM121.86 million.

Posted by learnfromme > 2020-02-13 14:57 | Report Abuse

Stop promoting please.. Sell to me in discounted price

Vxturbo

397 posts

Posted by Vxturbo > 2020-02-13 15:14 | Report Abuse

风波过了4块见

Molly Ngui

409 posts

Posted by Molly Ngui > 2020-02-13 15:24 | Report Abuse

I don't have any problem with my passport for the last 5 years! Anyone of you have any? what a nonsense comment unsatisfactory, i want to collect more..

joyvest

10,190 posts

Posted by joyvest > 2020-02-13 15:39 | Report Abuse

what is past is past , no past story . the future price depends on Now. what i have said is the truth of the moment ... i mean NOW .........

joyvest

10,190 posts

Posted by joyvest > 2020-02-13 15:40 | Report Abuse

stop being impulsive but discerning ..........

Molly Ngui

409 posts

Posted by Molly Ngui > 2020-02-13 16:10 | Report Abuse

Bo lat to comment, busy collecting..

joyvest

10,190 posts

Posted by joyvest > 2020-02-13 16:42 | Report Abuse

busy collecting gold or rubbish ??

Steven1717

246 posts

Posted by Steven1717 > 2020-02-13 17:04 | Report Abuse

today green.. good!

Steven1717

246 posts

Posted by Steven1717 > 2020-02-13 18:24 | Report Abuse

u turn ! haha

Posted by EnemySpotted > 2020-02-13 18:33 | Report Abuse

very informative @dragon12345. Keep it coming.

Vxturbo

397 posts

Posted by Vxturbo > 2020-02-13 18:40 | Report Abuse

What the hell , rubbish joyvest

Ahead1268

768 posts

Posted by Ahead1268 > 2020-02-13 19:16 | Report Abuse

About time to swing. Fasten your seatbelts.

imvu

7,888 posts

Posted by imvu > 2020-02-13 20:14 | Report Abuse

RM2

Despacito

393 posts

Posted by Despacito > 2020-02-13 21:23 | Report Abuse

Besok roket sampai bintang kejora...kikiki

bitch88

11 posts

Posted by bitch88 > 2020-02-14 09:39 | Report Abuse

this is a zahid komedi makan duit company, sell, sell, sell! we dont want rubbish company! those with barisan nasional lanjiao company

Vxturbo

397 posts

Posted by Vxturbo > 2020-02-14 11:19 | Report Abuse

olga shemale seenyou the bastard

Bodoh

hero666

689 posts

Posted by hero666 > 2020-02-14 12:29 | Report Abuse

----- share by a friend------

There are five components of a Malaysian passport :

1)booklet
2)polycarbonate datapage
3)chip
4)document-ultraviolet coating
5)3 colored security stitching

Before 2017, these different components were not solely produced by Dsonic , in fact they were sub-contracted to a few companies .

dsonic was incharging for polycarbonate datapage

kfima(pkn ) was incharging for printing booklet

While Iris was incharging of supplying chip


In 2014,
dsonic wrote in a proposal to MOF and MoHA in which they could help the government to save around RM60mil, by fully taking over the production of passport, meanwhile they will also upgrade the specification such as to add on Ultraviolet coating and 3 color security stitching , while reducing the lead time of handover the end product .

The conclusion was Dsonic successfully secured the project during 2015 and 2016 where they will start to produce all the components of passport starting from 1 December 2016
Regarding the news that you guys read yesterday night, it is actually not a new issue. The issue was brought up during October 2018, alleging Myeg and Dsonic involved in bribery case to Ahmad Zahid in exchanging for projects and contacts .

For your information Ahmad Zahid has been attending many court sessions since 2019, totaling up to a number of 47 charges, where yesterday was the hearing session for case involving datasonic .
For datasonic the group chairman Tan Sri Jeneral Hashim ( the brother of Mahathir wife) was representing the company for the hearing session.

While on the other hand Dr Uzailrr ( former deputy pengarah of MoF) was the witness for the proposal which Dsonic sent to MOF during 2014.

Dr Uzailee claimed that once he received the letter proposal from datasonic regarding the intention to be the producer of the whole-passport, he then sent a letter to MoHA to seek for verification of background for datasonic.

According to Uzailee, he said the reply from MoHA regarding datasonic was not good, and not qualified as a supplier, and they prefer PKN and Iris :joy:

A few months later , as opposing to what the MoHA has been mentioning in the letter , the passport project was awarded to Datasonic


While , in my opinion, it’s up to us whether to “ believe and agree” on what Uzailee said, but personally I found that the witness Uzailee may sound fishy as datasonic is very proud of their two flagship products which are Malaysian myKad and Malaysian passport.

They even receive award from jabatan immigration malaysia regarding their products and services :smile:
Meanwhile , MACC had issued clarification during January 2019 that datasonic was not under their investigation as its not involved .

In the court hearing session
Tan Sri Jeneral Hashim also mentioned that the company deny any payment made to Zahid as bribery exchange for projects , in contrary the project was awarded due to their ability to supply an upgraded security feature version of passport with a cost saving to government
Fyi, that lady was former KP of JIM in 2011-2013 and was the head of technical evaluation committee for the open tender for the 5-year supply of 10 mil polycarbonate data page.

She had closed two eyes and did not highlight to KDN that Iris had failed the mandatory requirement of SIRIM test that passport polycarbonate data page cannot used adhesive and cannot not be peeled off, recommended Iris to be given the award.

KDN follows her report and recommended to MOF to be given the contract.

Through Tan Sri Hashim, we had appealed to MOF in 2012 and after independent investigation by MOF, confirmed that SIRIM report clearly stated that Iris had failed the mandatory peeling off test, Datasonic was given the contract by MOF for the supply if polycarbonate data page which is closely related to the embedded chip contrat later due to latest technology and single manufacturing process.
In August 2014, based on a report from former KP of JIM Dato Aloya (a hardcore supporter of Iris and PKN), KDN reported to procurement of MOF that performance of supply of polycarbonate data page by Datasonic is not satisfactory and had affected Immigration services, MOF did not support passport chips contracts to be given to Datasonic even though there will be big savings to gov.

In 2015, after explaining by Datasonic to KDN that based on LOA, the schedule supply of polycarbonate datapage of 3 mil per year highlighted in the LOA is clearly stated subjected to the actual demand of passport, which is around 2.4 mil per year, therefore the supply of polycarbonate data page of around 2.5 mil in 2013 did not cause any shortage of passport and the performance by Datasonic is actually satisfactory.

hero666

689 posts

Posted by hero666 > 2020-02-14 12:29 | Report Abuse

With the new information given to new management of KDN and after investigation by MOF, plus the fact that Datasonic had passed the POC and the savings of RM56.25 mil to Gov ((30-25.50)x12.5mil), MoF decided to give the LOA for the 5-year supply of 12.5 mil polycarbonate data page with embedded chips (better technology than put the chips at the back of the paper based cover) to Datasonic

joyvest

10,190 posts

Posted by joyvest > 2020-02-14 13:52 | Report Abuse

if based on what is said above, D shall be cleared of all the allegation. why peanut contract is given lately ??

Vxturbo

397 posts

Posted by Vxturbo > 2020-02-14 14:18 | Report Abuse

What the hell

Vxturbo

397 posts

Posted by Vxturbo > 2020-02-14 14:18 | Report Abuse

Rubbish man

joyvest

10,190 posts

Posted by joyvest > 2020-02-14 14:50 | Report Abuse

it is true there is a lot of rubbish here from rubblshmen . That's why we are wanted to assimilate , collate and filter the rubbish into useful recycled thoughts.............

Vxturbo

397 posts

Posted by Vxturbo > 2020-02-14 16:50 | Report Abuse

Joyvest Diam LA, rubbish man

joyvest

10,190 posts

Posted by joyvest > 2020-02-14 17:11 | Report Abuse

who is rubbish in the end remains to be seen ............. as i have reiterated many times , we just cant be impulsive in buying with emotions ..................

joyvest

10,190 posts

Posted by joyvest > 2020-02-14 17:16 | Report Abuse

hero666 has given us a very good insight of D though some of which are sceptical with reservations but overall it reflects the truth of it ..........................

Vxturbo

397 posts

Posted by Vxturbo > 2020-02-14 18:16 | Report Abuse

Diam LA

Posted by SifuTangmonk > 2020-02-14 20:59 | Report Abuse

URUSHARTA JAMAAH SDN. BHD.

Kementerian Kewangan Malaysia,
Aras 5, Blok Selatan,
Kompleks Kementerian Kewangan Malaysia
Putrajaya
62592 Wilayah Persekutuan
Malaysia.

Direct (units) 124,153,400
Direct (%) 9.197

哇经济部持9%

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