BINASAT COMMUNICATIONS BERHAD

KLSE (MYR): BINACOM (0195)

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Last Price

0.185

Today's Change

0.00 (0.00%)

Day's Change

0.185 - 0.19

Trading Volume

363,000


6 people like this.

3,060 comment(s). Last comment by damansaraeagle 2 days ago

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-22 19:18 | Report Abuse

KLSE got a sudden surge last minutes.. now at 1610...

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-22 19:19 | Report Abuse

When Foreign Investors started pump in here, u may not enough bullets to SELL... !!!!

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-22 19:20 | Report Abuse

Looking at 1 year chart, a clear double top is here...

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-23 10:27 | Report Abuse

“After hitting double bottoms at RM0.36 on Dec 10 and 18, Binacom is on the verge of a downtrend resistance breakout near RM0.40.

“A decisive breakout above RM0.40 is likely to lift share prices higher towards RM0.41 and RM0.46 before reaching our long-term objective at RM0.49. On the flip side, key supports are situated at RM0.37 and RM0.36. Cut loss at RM0.34,” HLIB Retail Research stated.

Binacom is a telecommunications support services provider, and has mainly involved in three servicing business segments, namely satellite network, mobile network and fibre optic network.

With about 15 years of experience in the sector, Binacom has become a strong telecommunications network-supporting services partner mainly to Maxis Bhd, U Mobile Sdn Bhd and Huawei Technologies Co Ltd.

Currently, the group is one of the few players in Malaysia that provide support services across three main telecommunications mediums, mitigating the risk of over-dependence on any segment.

On re-rating catalysts, HLIB Retail Research added that Binacom is a potential beneficiary of outsourcing trends, spectrum reallocation exercise, the National Fiberisation and Connectivity Plan (NFCP) and changing technological trends (from 4G to 5G deployment in the long term), led by the mobile and fibre optic segments.

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https://themalaysianreserve.com/2019/04/16/binacom-rates-moderate-risk-by-hlib/

70mil bumi share....



Old news but to remind us that this co is likely going to receive the NFCP...

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-23 10:29 | Report Abuse

Binacom is a telecommunications support services provider, and has mainly involved in three servicing business segments, namely satellite network, mobile network and fibre optic network. .

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On Risk Mitigation and Disaster Recovery Capability, this co is the winner coz it has experience on all three sectors....

Teh1986

306 posts

Posted by Teh1986 > 2019-12-23 10:54 | Report Abuse

Hari hari red

Newbiesi3

28 posts

Posted by Newbiesi3 > 2019-12-23 10:57 | Report Abuse

The article said cut loss at RM0.34...

Teh1986

306 posts

Posted by Teh1986 > 2019-12-23 11:29 | Report Abuse

Buy couter pn17 pun sudah untung

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-23 11:45 | Report Abuse

https://themalaysianreserve.com/2019/12/06/opcom-is-not-nfcps-beneficiary/

OPCOM Holdings Bhd is not a contractor in the project bid under the National Fiberisation and Connectivity Plan (NFCP) as it is not licensed under the Communications and Multimedia Act 1998.
Communications and Multimedia Minister Gobind Singh Deo (picture) said the claim that Opcom is the successful contractor in the NFCP bid through the Malaysian Communications and Multimedia Commission (MCMC) is false and baseless.
“The question of how much of the contract value obtained by them through MCMC does not arise at all because Opcom is not a licensee under the Communications and Multimedia Act 1998. MCMC cannot appoint them for any initiative to be funded through the Universal Service Provision Fund (USP Fund),” he said in the Dewan Rakyat yesterday.
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If not OPCOM, then you know which Company!!!

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-23 11:46 | Report Abuse

Patience pays the most!

Simon73

58 posts

Posted by Simon73 > 2019-12-23 12:01 | Report Abuse

Hi Lee & i3 members,

In your opinion, which are the top 3 beneficiaries of NFCP1?
Kindly share thots.

At your convenience, pls drop me a line at +60123732800, thank you and Happy Holidays.

Happy New Year 2020.
Simon73

Newbiesi3

28 posts

Posted by Newbiesi3 > 2019-12-23 12:07 | Report Abuse

Hi Lee, may i know your view on Redtone and CMS for NFCP? Thanks.

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-23 12:31 | Report Abuse

In my view, RedTone is no doubt making a huge comeback to a profitable company. It has a majority share holder, a conglomerate public figure...
No doubt it can deliver the NFCP project. But to be the main contractor, the succesful company should exhibit that the profit returns back to the majority of the people including Bumiputra. A co with one or two major share holder could make gains via open business and monopoly, should not via award like this scenario, otherwise it could be politicised by many factions..
The endgame could be BINACOM awarded, and REDTONE become co player or awarded a specialised sub aspect of the whole project..

Simon73

58 posts

Posted by Simon73 > 2019-12-23 12:36 | Report Abuse

Lee, thank you for sharing.

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-23 12:41 | Report Abuse

Company from Sawarak or Sabah if any would be given higher priority for award with condition is that the capability of know how is already acquired. This is the in-good-faith practice in the past for East Malaysia to be part of Malaysia.

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-23 12:48 | Report Abuse

Company from Sawarak or Sabah if any would be given higher priority for award for works in East Malaysia... If they not really have the technical khow how, a JV could be formed.

Newbiesi3

28 posts

Posted by Newbiesi3 > 2019-12-23 12:49 | Report Abuse

Thanks Lee for your sharing

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 11:23 | Report Abuse

KHEESAN last call on Wednesday 4.31pm n today got a RAID... when this BINACOM....!?

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 11:25 | Report Abuse

A good news is urgently needed..

Posted by fauziisrael > 2019-12-24 12:03 | Report Abuse

Binacom .. reversal

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 12:14 | Report Abuse

yeaa... good momentum already....

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 12:15 | Report Abuse

But the real dday is when NFCP announcement

lee9fold

4,730 posts

Posted by lee9fold > 2019-12-24 12:21 | Report Abuse

binacom, opcom, redtone all in the same pace

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 12:35 | Report Abuse

.32 is the rock bottom...

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 13:01 | Report Abuse

https://themalaysianreserve.com/2018/01/09/binasat-talks-regional-partners-expansion-moves/

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“We need to expand our three business segments, which are the satellite, mobile and fibre optic first, and then increase our value by having our infrastructure such as the teleport.

“With that, we then can expand our customer base, and services that we currently offer to existing customers,” Zulamran added.

Binasat plans to build a teleport in the Klang Valley within the next two years, and increase its O&M efficiency level by employing more technical personnel and by increasing number of resources, facility and vehicles for service support.

As at October 2017, its market share for the maintenance of satellite ground stations at petrol stations in Malaysia was estimated at 57%.

In 2016, the group had an estimated 64% market share for all satellite ground stations in Malaysia.

Malaysia remains its principal market, accounting for 98.7% of the RM54.5 million total revenue for the financial year ended June 30, 2017 (FY17).

Of the company’s clients, 53.1% are telcos, 32.5% are equipment suppliers, and 4.4% are turf club operators.

Maxis Bhd and Huawei Technologies Co Ltd are two major customers which contributed 49.5% and 26.3% respectively to the group’s revenue in FY17.

The group registered a pretax profit of RM2.2 million for the 1Q ended Sept 30, 2017.

Meanwhile, Rakuten Trade Sdn Bhd has recommended a ‘Buy’ on Binasat’s stock, with a target price of 65 sen based on 13 times per FY19, as per the FTSE Bursa Malaysia KLCI Small Cap Index.

“Binasat’s gearing would reduce to 0.14 times from 0.34 times post-listing.

Revenue has been growing steadily for the past four years, at annual rate of 19.7% and is anticipated to remain robust with double-digit growth and earnings per share growth of 12.8% in FY18 and 13.6% for FY19,” Rakuten Trade head of research Kenny Yee said in a statement.


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Very strong and bold business profile & presence.

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 13:04 | Report Abuse

CMS for Sarawak?? How about SABAH??

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INFORMATION BINASAT SUBSIDIARIES

Binasat SDN BHD
Provision of support services for satellite, mobile and fiber optic telecommunications network

Satellite NOC SDN BHD
Provision of support services for satellite telecommunications network

Binasat (Sabah) SDN BHD
TBA
-------------------------------------------------

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 13:07 | Report Abuse

Well, investing with well informed decision and calculated risk, lead to a successful return....

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 14:03 | Report Abuse

OPCOM, the YB Deo already single out OPCOM..!! Read the news..

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 14:03 | Report Abuse

in Parliament Hansard

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 14:04 | Report Abuse

REDTONE - got hand in sabah n sarawak?

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 14:04 | Report Abuse

how about bumi?!

lee9fold

4,730 posts

Posted by lee9fold > 2019-12-24 14:14 | Report Abuse

OPCOM, the YB Deo already single out OPCOM..!! Read the news..

i think opcom is the fiber optic cable supplier, i dont think they going to bid for any job as contractor

and they will sell the cable to the contractors who win the job

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 14:22 | Report Abuse

BULL EYE!! That s what i wanna say too..

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 14:23 | Report Abuse

Cheers!!

Newbiesi3

28 posts

Posted by Newbiesi3 > 2019-12-24 15:12 | Report Abuse

The Bisasat Sabah isnt it a dormant company?

Teh1986

306 posts

Posted by Teh1986 > 2019-12-24 16:03 | Report Abuse

Binacom hari hari show tipu, later will close 0.32

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 17:14 | Report Abuse

Yup.. still dormant..

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-24 17:15 | Report Abuse

close becoz some intent yo short gain... pls wait for Award Announcement laaa...

calvintaneng

56,889 posts

Posted by calvintaneng > 2019-12-26 15:50 | Report Abuse

Go go binacom

Teh1986

306 posts

Posted by Teh1986 > 2019-12-26 16:03 | Report Abuse

Hari hari go... Go where

Newbiesi3

28 posts

Posted by Newbiesi3 > 2019-12-26 16:09 | Report Abuse

Hovering around RM0.32-0.33

Teh1986

306 posts

Posted by Teh1986 > 2019-12-26 16:45 | Report Abuse

Will below 0.30 soon

lee9fold

4,730 posts

Posted by lee9fold > 2019-12-26 16:48 | Report Abuse

in your dreams

Posted by Miz Raya Bloom > 2019-12-26 17:00 | Report Abuse

calvin dah dalam binacom?

Teh1986

306 posts

Posted by Teh1986 > 2019-12-27 10:03 | Report Abuse

Buy techbhd (5289)

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-27 16:14 | Report Abuse

YES... !!!

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-27 16:15 | Report Abuse

I hav seen many other counters...

lee_m2020

4,833 posts

Posted by lee_m2020 > 2019-12-27 16:19 | Report Abuse

Carimin and UZMA are only at the mercy of Petronas and its peers. This BINACOM is about to transform our country with 5G and all. I expect capital increase of 5 folds that is equiv of RM1.50/share only.

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