SECUREMETRIC BERHAD

KLSE (MYR): SMETRIC (0203)

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Last Price

0.18

Today's Change

-0.005 (2.70%)

Day's Change

0.18 - 0.18

Trading Volume

55,400


3 people like this.

3,724 comment(s). Last comment by Reborn99 1 week ago

genius

208 posts

Posted by genius > 2019-04-30 23:13 | Report Abuse

I don’t play hope like you the gambler.

genius

208 posts

Posted by genius > 2019-05-03 17:15 | Report Abuse

To ahza piggy gambler, sigh. Xkejar ke ekovest tu. Org lain ribu riban profit include me. And you gambler stuck on genting. hahahahhahahahahahahahahahahahahahahaha

ViWizard

780 posts

Posted by ViWizard > 2019-07-10 15:44 | Report Abuse

0.407

Posted by jessitay83 > 2019-08-07 12:21 | Report Abuse

Cash flow issue, lousy products, scam

Posted by Penangbull > 2019-08-28 03:12 | Report Abuse

Same syndicate like Greenpacket, power, your guys better buy

newboy18

196 posts

Posted by newboy18 > 2019-09-04 12:11 | Report Abuse

another rubbish company

mk00001

84 posts

Posted by mk00001 > 2019-10-29 11:19 | Report Abuse

Securemetric Bhd has won two contracts with a combined value of RM3.94 million to supply digital security solutions to Vietcombank.

Securemetric said in an exchange filing that the contracts, awarded to Securemetric Technology Co Ltd, its wholly-owned subsidiary in Vietnam, are expected to be completed in the financial year ending Dec 31, 2019 (FY19).

The first contract, worth US$590,568 (RM2.46 million), was awarded by Prognostic Services Pte Ltd, a regional mobile satellite telco services provider, for Securemetric to supply two-factor authentications solutions (2FA) and hardware security module (HSM) to Vietcombank.

The other contract was awarded by IT consulting services firm Information And Networking Technology Joint Stock Company (InfoNet), for 8.26 billion dong (RM1.48 million). Under this contract, Securemetric is to supply user licenses for 2FA, as well as install and integrate both 2FA and HSM for Vietcombank.

Vietcombank, listed on the Ho Chi Minh City Stock Exchange, is one of Vietnam’s largest comercial banks by asset size and operates 111 branches throughout the country.

ubaL taM

120 posts

Posted by ubaL taM > 2019-11-18 18:56 | Report Abuse

Smetric

thesteward

6,781 posts

Posted by thesteward > 2019-11-18 19:29 | Report Abuse

Bye bye

Posted by EatCoconutCanWin > 2019-11-19 08:35 | Report Abuse

good result.

Jaya

1,585 posts

Posted by Jaya > 2020-01-10 11:43 | Report Abuse

How is the warrant going to be

Jaya

1,585 posts

Posted by Jaya > 2020-01-10 11:43 | Report Abuse

much

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-10 13:26 | Report Abuse

Last three days to get free bonus share plus free warrant, ex date 16th January 2020.....

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-14 11:24 | Report Abuse

Last trading day to get free warrant, ex date 16th January 2020.....

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-14 11:29 | Report Abuse

One Chinese company is quietly buying the share at low price to increase its holdings...

Jaya

1,585 posts

Posted by Jaya > 2020-01-14 14:25 | Report Abuse

1 & a bit day left

Jaya

1,585 posts

Posted by Jaya > 2020-01-15 12:14 | Report Abuse

Buy or miss out

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-15 14:53 | Report Abuse

Mr. Jaya, a clever investor will buy it today, it has already transacted more than a million shares...

Jaya

1,585 posts

Posted by Jaya > 2020-01-15 16:02 | Report Abuse

oskchoon
Very true

Jaya

1,585 posts

Posted by Jaya > 2020-01-16 10:51 | Report Abuse

Bought 200k today to avg down before I get bonus credited to my account

Jaya

1,585 posts

Posted by Jaya > 2020-01-16 10:58 | Report Abuse

I am now well averaged down including bonus

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 11:09 | Report Abuse

Good move, I think directors try to push down the share price below 0.20 to increase their share holdings as it is the only digital security company listed on Bursa...

Jaya

1,585 posts

Posted by Jaya > 2020-01-16 11:17 | Report Abuse

oskchoon
If warrant is priced at 10c I make big and hope you too

Posted by Wudishijimo > 2020-01-16 11:44 | Report Abuse

Why is closing at 0.515 and open at 0.225, i thought it should be 255 or 260?

Jaya

1,585 posts

Posted by Jaya > 2020-01-16 11:57 | Report Abuse

Wudi
They priced warrant into the adjustment

Jaya

1,585 posts

Posted by Jaya > 2020-01-16 11:59 | Report Abuse

I think the warrant will be priced at 4-5c

Jaya

1,585 posts

Posted by Jaya > 2020-01-16 12:00 | Report Abuse

Close at 23 I shall be very happy

Jaya

1,585 posts

Posted by Jaya > 2020-01-16 12:11 | Report Abuse

A lot of people willing to buy this share
26 will be nice

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 12:28 | Report Abuse

No worry, I know some funds are quietly accumulating and also the company directors to increase their share holdings..

Posted by Wudishijimo > 2020-01-16 13:47 | Report Abuse

Yeah maybe its warrant, in that case warrant will be at 0.05 or 0.06. I dont think any fund collecting now.

Jaya

1,585 posts

Posted by Jaya > 2020-01-16 14:36 | Report Abuse

Wudi
6c I shall be very happy

Posted by Wudishijimo > 2020-01-16 14:49 | Report Abuse

Price after split would be 3c

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 15:05 | Report Abuse

Mr. Wudi, the warrant exercise price is 0.16 into one mother share it all depends on the mother share price when the warrant is listed, it will take around two weeks..

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 15:10 | Report Abuse

Remember, Malaysia is moving towards 5 G and high tech digital security is essential for big corporation like Bank and government institutions etc.... banks

Posted by Wudishijimo > 2020-01-16 15:13 | Report Abuse

Is the exercise price already listed? I couldnt get any info of it. Yes i am aware of that, very much. Only that its admin expenses is too high and consumed all profit, plus revenue not stable.

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 16:35 | Report Abuse

Mr. Wudi, it has announced before ex date, you are right but we bought the share for the future prospects and it has a good management team..

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 16:38 | Report Abuse

The SMETRIC top 30 share holders already owned 97.3% of the company, only 2.3% for small retailers..

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 16:39 | Report Abuse

One thing I am sure is all the major shareholder hold tightly to their shares, they believe the great potential of the business... t

Posted by Wudishijimo > 2020-01-16 17:25 | Report Abuse

Where do u get figure of 97.3%? I dont think so. Its only 76%

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 17:49 | Report Abuse

From Bursa website SMETRIC annual report : 30 top shareholders list...

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 17:57 | Report Abuse

Top 4 major shareholder total around 76 %, and the rest 26 shareholders total around 21 % only...

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 18:00 | Report Abuse

Therefore, free float should be less than 3 %, that's why SMETRIC always having problems to get minimum 25 % public floats requirements as per Bursa rules and regulations..

Posted by Wudishijimo > 2020-01-16 18:31 | Report Abuse

Free float referring to non related party, directors direct and indirectly hold 76% if as u mentioned, therefore it is 24% floating shares

Posted by Wudishijimo > 2020-01-16 18:33 | Report Abuse

Anyway, the worst part of Smetric is its unstable bottomline. The profit or loss is like yoyo, sometimes have almost 20% PAT and sometimes have loss. Eg previous quarter also at loss somenofe, i cant see how they going to stable the business and thats why i sell it off

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 20:56 | Report Abuse

Mr. Wudi, I have no objection for you to sell for capital gain from today onwards as long as you entitled for the bonus and free warrants...

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 21:02 | Report Abuse

Our objective is to invest the right company with the right products and purchase with the right price.
Subsequently sell for the capital gains...

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 21:06 | Report Abuse

Nevertheless I am the SMETRIC major and minor shareholders (top 30) are having the same thought, eventually they will disposed off their shares at a very handsome profit margin...

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 21:07 | Report Abuse

I am sure the SMETRIC major and minor.........

Posted by Wudishijimo > 2020-01-16 21:27 | Report Abuse

No no, i sold it during november the qr released. I just discussed with my friend this evening, for company’s future prospect is excellent, director having lots of corporation which eventually will lead to more revenue, and of course higher profit. However the only issue im concerning is about the instability of bottomline. And it seems certain product is at very low margin as well.

Anyway, which part of it makes you confident with it?

oskchoon

3,186 posts

Posted by oskchoon > 2020-01-16 21:54 | Report Abuse

It is the only company listed on Bursa dealing with digital security bussines, with 5 G coming into market, more corporate like Banks and Government institutions need high tech digital security for in place to counter cyber attacks...

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