SECUREMETRIC BERHAD

KLSE (MYR): SMETRIC (0203)

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Last Price

0.19

Today's Change

0.00 (0.00%)

Day's Change

0.185 - 0.20

Trading Volume

3,570,000


2 people like this.

3,712 comment(s). Last comment by navi 3 weeks ago

tokhang21

234 posts

Posted by tokhang21 > 2022-01-07 15:21 | Report Abuse

dh jalan

hisehatu

2,250 posts

Posted by hisehatu > 2022-01-07 15:35 | Report Abuse

wow.. any news?

tokhang21

234 posts

Posted by tokhang21 > 2022-01-07 15:50 | Report Abuse

nak pump la kot

Runneron

101 posts

Posted by Runneron > 2022-01-07 16:24 | Report Abuse

Fake queue buy gone..trap only hahaha

henbaram

523 posts

Posted by henbaram > 2022-01-07 17:02 | Report Abuse

sold at 1.4

hisehatu

2,250 posts

Posted by hisehatu > 2022-01-07 17:11 | Report Abuse

its just a beginning. next week more to come.

icon2021

203 posts

Posted by icon2021 > 2022-01-07 19:41 | Report Abuse

Shark pumping slowly... contrarian cannot beat this shark..

FutureGains

10,259 posts

Posted by FutureGains > 2022-01-07 21:27 | Report Abuse

shark way of push up share price...

WE IN

79 posts

Posted by WE IN > 2022-01-08 01:08 | Report Abuse

let see monday pump to 15c

henbaram

523 posts

Posted by henbaram > 2022-01-09 14:57 | Report Abuse

waiting another round of 6 mths when price drop to 0.110

Runneron

101 posts

Posted by Runneron > 2022-01-10 01:16 | Report Abuse

Another lower high..then drop back...run faster hahahaha

FutureGains

10,259 posts

Posted by FutureGains > 2022-01-10 18:59 | Report Abuse

good closing... test 14 tmr

newboy18

196 posts

Posted by newboy18 > 2022-01-11 13:42 | Report Abuse

chee bye stock

Runneron

101 posts

Posted by Runneron > 2022-01-11 21:13 | Report Abuse

Can't even reach 14...hahahaha..go lower & lower hahahaha

newboy18

196 posts

Posted by newboy18 > 2022-01-12 10:51 | Report Abuse

During good time, not making money. Bad time also not making money.

FutureGains

10,259 posts

Posted by FutureGains > 2022-01-13 14:29 | Report Abuse

Don worry will bounc back to 15 this month

Runneron

101 posts

Posted by Runneron > 2022-01-13 17:23 | Report Abuse

whatever lol..anyway drop again today..hahahahaha

FutureGains

10,259 posts

Posted by FutureGains > 2022-01-20 19:20 | Report Abuse

right trend rebound. heading 16c

Runneron

101 posts

Posted by Runneron > 2022-01-21 20:30 | Report Abuse

FutureGains should change to FutureLosts..never their prophecy coming true..wahahahahaha

FutureGains

10,259 posts

Posted by FutureGains > 2022-01-24 18:00 | Report Abuse

could be in high risk now...director want to deal during closed period..

Posted by Why2TellMeWhy > 2022-02-08 12:16 | Report Abuse

bosses wanted to deal during closed period. positive sign or negative sign? :)

Runneron

101 posts

Posted by Runneron > 2022-02-09 11:02 | Report Abuse

FutureGains said negative sign..just trust him..kikiki

newboy18

196 posts

Posted by newboy18 > 2022-02-11 16:22 | Report Abuse

no price movement again?

FutureGains

10,259 posts

Posted by FutureGains > 2022-02-14 20:08 | Report Abuse

Reversal possible... see tommorrow... could be TP15

wanteng

74 posts

Posted by wanteng > 2022-02-15 13:08 | Report Abuse

how many month adi your tp15 hahahaha

Posted by Why2TellMeWhy > 2022-02-25 15:38 | Report Abuse

report out and continued to improve. bosses wanted to deal during closed period. so, bosses will be buying then?

drken91

339 posts

Posted by drken91 > 2022-02-27 21:49 | Report Abuse

I have a feeling, the next theme play will be cybersecurity in this geopolitical crisis climate

moneytr33

545 posts

Posted by moneytr33 > 2022-02-28 17:23 | Report Abuse

why price still so low???

FutureGains

10,259 posts

Posted by FutureGains > 2022-03-02 17:48 | Report Abuse

coming soon 12/3.. BN WINS

TTSS91

41 posts

Posted by TTSS91 > 2022-03-07 22:34 | Report Abuse

9,8,7,6,5?.

newboy18

196 posts

Posted by newboy18 > 2022-03-08 11:56 | Report Abuse

is this con company? I park my money here for 3 years. still losing money. now it's below 10 sen. outrageous

OG_trader

449 posts

Posted by OG_trader > 2022-03-10 12:35 | Report Abuse

no need to wait la. the more news, the more price going down. hahah

10xGoreng

49 posts

Posted by 10xGoreng > 2022-03-29 15:35 | Report Abuse

Securemetric is a value buy here and it could be the next multi-bagger. Here are my reasons:

1. Low valuation. Market cap of 60mil with 34mil in cash & equivalent is a no-brainer. At this price, the market is not pricing in any growth prospect, which I think many of us here is fed up with the management's execution for the revenue has been declining since IPO in 2018. But, having said that, I think investors should also give them credit for the revenue did not drop further during MCO but in fact, the expenses and losses reduced. Quarter on quarter still showing slight revenue growth with majority of the revenue growth comes from Vietnam and Indonesia. A good thing that company is not dead as they expanded out of Malaysia given that local market got so much of political uncertainties over the past few years.

2. Low entry level. At 11c is one of the lowest level. Cash yield alone is 5.5c. How much can it drop? Limited downside to me as company's balance sheet is healthy, no debt and no cashflow problem. They do not need any fund raising. So, rights issue of another of private placement could be out of the topic.

3. Cornering. Edward and other directors have been reducing stakes since IPO. Not a bad sign as probably they could have cashed out from the warrants, which means they could have gotten more cash to accumulate more at the low now.

4. Management team. Tech / cybersecurity experts are running the show. As long as the market demand is there, they will succeed at the right time. Have faith in them although I'm not familiar with the technical part, but eventually corporates/companies need to digitise their businesses, which is already a global trend now. Cybersecurity and cloud is pretty much in huge demand but whether the technology is competent enough is another question.

5. Government's digitsation blueprint. Since the government has taken initiative to digitise businesses and infrastructures, time will come whereby this company will benefits. One of the directors Datuk Ng seems to have a very diverse profile and she seems to be well connected in the tech space. The company just need a big contract before it can fly.

6. Recovering market sentiment. There are a lot of investors holding cash by the sidelines and bearish on the market. In my opinion, the worst has been priced in and the war does not impact us directly other than leading to higher commodity prices and inflation. Therefore, the market should have found a bottom here as many of the companies are overly undervalued. Although foreign funds are increasingly coming into our country over the past few months, selling forces are there as fund houses are cashing out and EPF is not aggressive in buying. But economic data is still promising and market not due for crash yet. To time a short term crash versus buy and hold, I prefer the later on.

Based on the above justifications, I think securemetric is a buy here and it could be multiple x if the penny fad is back again like what happened after the MCO.

What if I'm wrong? I guess it won't go to 0. So, just hold till it comes as the company just need ONE booster / a killer contract to fly!

10xGoreng

49 posts

Posted by 10xGoreng > 2022-03-30 17:18 | Report Abuse

Looking at the share price movement, potentially it has bottom out at 0.09. Looks like insiders are collecting and supporting. I bet Q1 results going to be good and potentially profitable as losses are reducing sequentially. No huge sell down. It's rip to fly soon within the next few months.

Posted by donttrapeppl > 2022-03-31 13:34 | Report Abuse

hoot9eeee inikalilah 10xgoreng gogogo

10xGoreng

49 posts

Posted by 10xGoreng > 2022-03-31 13:39 | Report Abuse

if only my justifications make sense, let's buy in! Big selling queue at 0.13. Once cleared it should head right back to 0.15. But given the digital banking license pending to announce, worth a bet to speculate. Best outcome is Sunway Group get the license as they are one of Smetric's loyal customers!

WE IN

79 posts

Posted by WE IN > 2022-04-02 17:26 | Report Abuse

look good last friday....foundation bullet base 11c... for VRoom to 15c

TTSS91

41 posts

Posted by TTSS91 > 2022-04-03 17:23 | Report Abuse

Yes next week TP 18

10xGoreng

49 posts

Posted by 10xGoreng > 2022-04-03 19:26 | Report Abuse

Friday buying looks like insiders collecting. Purposely sell to 0.105 at close to entice seller out. Let’s buy buy buy

10xGoreng

49 posts

Posted by 10xGoreng > 2022-04-03 19:30 | Report Abuse

This kind of stock should be valued at least 3x P/S. On average industry peers for cyber security is trading at 7x - 10x P/S. therefore, for 3x P/S in Smteric is extremely conservative. Moreover 3x P/S is equivalent to TP 0.18. Imagine if they were to get any new business related to digital banking, that would be at least 0.50 share price!!!

WE IN

79 posts

Posted by WE IN > 2022-04-04 16:03 | Report Abuse

closed 12 will good today !

10xGoreng

49 posts

Posted by 10xGoreng > 2022-04-06 19:52 | Report Abuse

Securemetric's PKI solution compatible to Microsoft. Checkout this research from Business Merseyside published in New Jersey, US.

https://www.businessmerseyside.co.uk/public-key-infrastructure-pki-market-size-scope-and-outlook/

10xGoreng

49 posts

Posted by 10xGoreng > 2022-04-08 12:28 | Report Abuse

Smetric is worth rm1.2bil theoritical price using DCF valuation model 7% discount rate with 15x EBITDA/EV!

Can the company really grow 30% CAGR for the next 5 years?
Based on 2016-2019 performance, exclude mco, it looks possible with digitalisation trending now!

Don’t miss this opportunity!

WE IN

79 posts

Posted by WE IN > 2022-04-08 12:35 | Report Abuse

1.2b / 570mNOSH = RM2 per share

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