DATASONIC GROUP BERHAD

KLSE (MYR): DSONIC (5216)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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

vespa

874 posts

Posted by vespa > 2020-05-20 15:17 | Report Abuse

S5 holding company controlled by Wee Choo Keong ( ex DAP)

Chuah3434

75 posts

Posted by Chuah3434 > 2020-05-20 15:28 | Report Abuse

addruse2:
good update.
are these information gathered at the AGM?
any idea the project be awarded to single or dual suppliers?

tvz32

496 posts

Posted by tvz32 > 2020-05-20 16:23 | Report Abuse

Boringnya waiting for it to break 1.30

asd88

807 posts

Posted by asd88 > 2020-05-20 17:03 | Report Abuse

Mother keeps moving faster than son recently, when limit up comes, things will balance out

tvz32

496 posts

Posted by tvz32 > 2020-05-20 17:32 | Report Abuse

Mother engine just starting only. Finally closed above 1.30 resistance today. Expect good thing s ahead

Posted by kylovestor > 2020-05-20 18:11 | Report Abuse

1.33 border line only, could drop below 1.30 anytime, but hopefully tomorrow it move between the range of 1.30 or 1.40 then it's beautiful

tvz32

496 posts

Posted by tvz32 > 2020-05-20 18:51 | Report Abuse

Agreed. One more candle above 1.30 would be nice. Encouraging sign for sure

Posted by Fighter1Wong > 2020-05-20 18:56 | Report Abuse

Buy Dsonic -Wa ... at 0.490 level .. is consider cheap premium ... as mother price is 1.33

S_ken

143 posts

Posted by S_ken > 2020-05-20 19:37 | Report Abuse

Director bought so much mother share at 1.29

tvz32

496 posts

Posted by tvz32 > 2020-05-20 19:47 | Report Abuse

Something must be brewing

Posted by Ling Hua Kang > 2020-05-20 20:25 | Report Abuse

Something is definitely brewing

zefftan

173 posts

Posted by zefftan > 2020-05-20 22:01 | Report Abuse

iKad , also known as the identity card for foreigners who stay in Malaysia for a period of time such as foreign workers, university students.


Previously , the old version of I-Kad was manufactured by Percetakan Nasional Malaysian Berhad (PNMB), a company owned by tycoon TanSri Syed Mokhtar.

They helped Jabatan Imigresen Malaysia (JIM) to manufacture and print the identity card , at a price of RM48 per piece.

As contrary to our national ID MyKad , the iKad was not equipped with chips and it was not digitalized , and bring no extra safety features.

According to officials from JIM, PNMB was not puncture in delivering supplies to them , and they were not able to fulfill the orders . Hence the last supply was halted around June 2019, where the contract is supposed to last until May 2020.
To substitute the missing iKad, the officers of JIM can only use temporary stickers to paste on foreigners passport.

The open tender of iKad was opened early this month, government demanded a total supply of 10mil iKad which is to be fulfilled in 3 years period .

The new iKad requires stringent specifications , such as 11 safety features , water resistant,with electronic chip which is compatible and able to integrate with JIM core system ,flash memory , able to store HD personal bio data photo ,cryptography, augmented reality etc , and most the product has to have a shelf life of at least 5 years or above.

The manufacturer of iKad is required to develop an in-house app which enables all JIM officials to check and validate the iKad on their mobile device (to ease the procedure when having spot check ), self-testing procedure to validify the genuinity of the card.

The project is valued at RM400-RM480 million , based on the previous offered price from the previous vendor.


In Malaysia ,there are only a scarce number of digital ID card manufacturers , apart from PNMB (previous vendor for IKad) and Iris (previous vendor for MyKad before 2012), Datasonic is the strongest in its sector in the region. Datasonic stands a good chance to win this RM480mil project , as it’s currently the vendor for MyKad.

According to Jabatan Pendaftaran Malaysia , the number of replacement of our NRIC , MyKad , significantly reduced after Datasonic became the vendor of the national identity card , which in other words prove its integrity and merits in providing good quality products and help government to save money. Proudly to say , our MyKad is among the best digital ID in the world , if were to compare the design , safety features and durability .

According to World Bank’s data, It’s estimated that Malaysia currently having a sum of 6 millions foreign workers , where only 2 millions are registered legally.

Alongside with the Covid outbreak , our government has been riding the chance in identifying the location of illegal foreign workers , this is the best timing to either repatriate or rehire those illegal foreign workers via the proper way.
At this juncture , government can decide whether to register them and make them legal , or to send them back to original country .

Our MyKad is sold fo government at RM17 per piece, this yields a decent margin to Datasonic.
I believe Datasonic can produce iKad with the same technology and costing structure, but can sell at premium price of RM48 (can also sell to government at more affordable price to help government save money)
Let’s say if they quote RM20 for a piece of iKad, The successful commencement of this project will boost Datasonic’s earning by RM15-20 million a year.

The tender will be closing early next month. In view of the merits and capability among the peers , it shouldn’t be difficult for Datasonic to pocket in this project.

tvz32

496 posts

Posted by tvz32 > 2020-05-20 22:36 | Report Abuse

The only thing to worry is that the way we award of large contracts in Malaysia doesnt necessarily means that the most competent company will get it

S_ken

143 posts

Posted by S_ken > 2020-05-21 09:34 | Report Abuse

Chew added that Datasonic had “ample experience in managing mission-critical national projects for the Malaysian government.”

And should it be awarded the tender, Datasonic would be able to finance the project using internal funds as well as loans from their principal banks, said Chew.

Datasonic is currently the sole provider of the MyKad since 2012, and is the sole provider of the Malaysian e-Passport since 2016. It is also the personalisation solution provider for Europay, Mastercard and Visa in Malaysia to more than 10 local and foreign banks.

500mil project ;)

Lim BC

56 posts

Posted by Lim BC > 2020-05-21 09:49 | Report Abuse

Dsonic Wa no power,sleeping again

Steven1717

246 posts

Posted by Steven1717 > 2020-05-21 10:36 | Report Abuse

BROKE ABOVE 1.40SEN WILL DO

Posted by nicedurians > 2020-05-21 11:05 | Report Abuse

internal bought 1.5 days worth of volume. sure something brewing

Posted by meiling1990 > 2020-05-21 11:06 |

Post removed.Why?

Posted by kylovestor > 2020-05-21 12:58 | Report Abuse

Dsonic-wa not moving since mother breakout. By % gain from mother and gearing ratio, donic-wa should be at least 0.65 and above. Good time to load more before it breakout from sideway trend.

Redplanet

352 posts

Posted by Redplanet > 2020-05-21 13:32 | Report Abuse

Mykad cannot finish this end of year then switch over this Budget TOP up become i-Kad

tvz32

496 posts

Posted by tvz32 > 2020-05-21 16:56 | Report Abuse

Dsonic movement is really slow

Posted by nickcome508 > 2020-05-21 17:58 | Report Abuse

Slow n steady..

Posted by Bluegate14 > 2020-05-21 20:57 | Report Abuse

why the director keep buying the stock but the price dont move up

Posted by Stevecheahsw > 2020-05-21 21:20 | Report Abuse

DBT 10 million shares on 21-5-20, matched price 1.29, Refer back 17-4-2020 Kossan has done same thing, after 11 days share price fly until like sky is a limit.

Posted by Twinklehahaha > 2020-05-21 21:35 | Report Abuse

What is the target price for dsonic?

bigdaddy

275 posts

Posted by bigdaddy > 2020-05-21 21:36 | Report Abuse

Bro, 17/4/2020 Kossan director disposed a lot of shares wor

michaelwong

3,068 posts

Posted by michaelwong > 2020-05-21 22:06 | Report Abuse

A very stable stock in terms of share price . Limited downtrend and bit by bit moving higher to new level .Tp price set at 1.96 . I have been buying bit by bit without failed.

lee9fold

4,730 posts

Posted by lee9fold > 2020-05-21 22:12 | Report Abuse

operator everyday push and press down, so short term players being flushed out everyday
those who buy low and riding the wave all the way up will earn more

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-21 22:51 | Report Abuse

safe bet here, even if drop, it will not fall like from the sky to the ground

the most severe case maybe will get slip ankle, in few weeks will recover

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-21 22:54 | Report Abuse

warrant .50 and below is attractive, if you bought mother ensure keep some son too

Posted by Stevecheahsw > 2020-05-21 23:25 | Report Abuse

bigdaddy - Did you know what is DBT ?

lee9fold

4,730 posts

Posted by lee9fold > 2020-05-21 23:44 | Report Abuse

most probably dsonic will get NIIS project

mf

28,412 posts

Posted by mf > 2020-05-22 05:49 | Report Abuse

SINGAPORE — Three preschool staff have tested positive for COVID-19 during an ongoing mass swab test exercise conducted in conjunction with the reopening of preschools on 2 June, said the Early Childhood Development Agency (ECDA) on Thursday (21 May).

The agency said that about 10,400 preschool staff have tested negative thus far in tests that started on 15 May. All 30,000-odd preschool staff and early intervention staff are expected to complete testing by end-May.

Posted by SifuTangmonk > 2020-05-22 06:27 | Report Abuse

DATASONIC Group Bhd将竞标内政部针对移民工人的i-Kad项目,消息人士称该项目价值5亿林吉特。

Datasonic的首席运营官Danny Chew Chi Hong向FocusM证实了这一点,并表示该集团将竞标,因为它在为政府部门和金融机构提供安全的ID解决方案方面拥有良好的往绩。据Chew称,Datasonic的市场份额超过70%。

“ i-Kad招标要求招标公司具有提供卡供应和软件应用程序开发的经验,并且必须是100%土著公司才能有资格参加。因此,Datasonic满足了所有要求。”他说。

消息人士称,招标总值“约5亿令吉”,提交截止日期为6月5日。该项目将向内政部提供1000万单位的i-Kad,其中包括一个安全的网络。和基于移动的应用程序。

丘补充说,Datasonic具有“为马来西亚政府管理​​关键任务国家项目的丰富经验。”

周先生说,如果中标,Datasonic将能够使用内部资金以及其主要银行的贷款为该项目融资。

Datasonic自2012年以来一直是MyKad的唯一提供商,自2016年以来一直是马来西亚电子护照的唯一提供商。它还是为Europay,Mastercard和Visa在马来西亚向10多家本地和外国银行提供个性化解决方案的提供商。

trader9918

214 posts

Posted by trader9918 > 2020-05-22 08:33 | Report Abuse

htpadu

张晋荣

281 posts

Posted by 张晋荣 > 2020-05-22 10:05 | Report Abuse

MYEG got NIIS project.....

Aack2001

59 posts

Posted by Aack2001 > 2020-05-22 10:23 | Report Abuse

no announcement. MYEG shares suspended because issuing put and call warrants.

SunTzu888

102 posts

Posted by SunTzu888 > 2020-05-22 10:25 | Report Abuse

张晋荣. 厉害就好,不要假厉害。 Don't try to spread negative sentiments here.

SuperPanda

11,431 posts

Posted by SuperPanda > 2020-05-22 10:37 | Report Abuse

KDN now under PN from UMNO and dsonic should be very close to them, this is my personal political link view

Posted by Miguel_Felix > 2020-05-22 11:23 | Report Abuse

here we go!

zhexiangxd

224 posts

Posted by zhexiangxd > 2020-05-22 11:25 | Report Abuse

look at the buy value, confirm something coming soon

zhexiangxd

224 posts

Posted by zhexiangxd > 2020-05-22 11:26 | Report Abuse

some shark sapu 800,000 shares at 1.41

Exnstp

171 posts

Posted by Exnstp > 2020-05-22 11:26 | Report Abuse

Lai liao lai liao

Pang75

180 posts

Posted by Pang75 > 2020-05-22 11:29 | Report Abuse

等待漂亮的业绩

Posted by kylovestor > 2020-05-22 11:30 | Report Abuse

Enter mother share at 1.40 is consider chase high, can consider dsonic-wa since it still lag behind.

Posted by investory321 > 2020-05-22 11:36 | Report Abuse

from the price movement and volume, is some insider work, likely award of NIIS project worth billions

Yuming

548 posts

Posted by Yuming > 2020-05-22 11:38 | Report Abuse

haha, i hold it when big dropped to 0.60 level, hold tight never think to cut lose until it climb back now......
really meansful along these quarter...... great feeling....百感交集
Lot friend asked me to cut lose last time, i 坚持as this company is good prospect and profitable company....... until today my decision is right and it come true proof to my friend.....

zhexiangxd

224 posts

Posted by zhexiangxd > 2020-05-22 11:46 | Report Abuse

congrats haha.

Redplanet

352 posts

Posted by Redplanet > 2020-05-22 11:50 | Report Abuse

Suspend myeg ppl goreng Datasonic.....sweating

Post a Comment