KLSE (MYR): SCICOM (0099)
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Last Price
0.77
Today's Change
+0.015 (1.99%)
Day's Change
0.00 - 0.765
Trading Volume
270,800
Date | Type | Old | New | View |
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LittleKnife. this counter not for goreng. is for div investing. 1.05 and now 1.09 is on few cents. which you can earn it back down the road.
2024-05-10 07:41
KLCI already above 1600 points. This Scicom share price still not moving. How come? Bad result on the way ?
2024-05-17 15:08
information from amilytay usually not correct one.. dunno where you get the news...
2024-05-23 14:44
I used to hold scicom in 2022 and 2023 until the CHATGPT released. it has shaken the long term investor to think, whether this Ai will affect Scicom business or its a boaster to Scicom business.
In this bull market 2024, all boring dividend stock has move up slightly, at least beat KLCI that up 10%.
This is not hater comment, i do like scicom as a dividend stock, but the future prospect is still unclear.
2024-05-30 23:07
And the reason why i bother to drop this comment is because i like scicom, if it drops under a price where i feel undervalue, i will collect maybe.
2024-05-30 23:08
I used to like SCICOM too. But look at their website and financial reports...their investor relations/communications is like... 😅😂😓🤦
2024-05-30 23:50
To bad with those hard selling people failed to realize the potential risk of a stock paying out dividend every QR ratio equal to the PAT. Let's see how deep it will dive tomorrow, best of luck
2024-05-31 00:14
Better shift to powerful stocks like vstecs , ranhill !
Dnex , swift haulage , iwcity also not bad !
2024-06-20 07:33
strange , really strange . since you are not interested or buying this counter but still busy here .
No growth for this stock after so many years , dont buy !
Wasting time in this stock! ( especially this remark )
like...
2024-06-20 13:13
@gankm, wud you be able to share Affin's latest report on SCICOM? thanks in advance :)
2024-06-22 13:31
Posted by HengyuanZai > 2023-03-14 17:07 | Report Abuse
unhealthy cash flow, small customer base only, fair value only at 0.8
2024-06-27 00:08
Not sure how investors say scicom cash flow is healthy. Earn 7m payout 7m dividend is definitely not healthy at all. Note this down for future reference whenever u decide to go for "dividend"
2024-06-27 00:10
@ckwee168, I dont have the report. I get the news from The Star newspaper.
https://www.thestar.com.my/business/business-news/2024/06/04/subdued-sentimenton-scicom
2024-06-29 09:38
Thanks @gankm. Affin's TP of RM1.10 is not too far away from what i'm looking at too. SCICOM management has openly acknowledged in their recent QR that AI is indeed a threat to its BPO business, and has been working on a few in-house developed AI models leveraging on ChatGPT to gradually substitute its traditional human outsourcing business .. This is truly AI at work, and successful rollout of these AI based customer service chatbot to its existing client base wud be a significant game changer for SCICOM .. Re-collecting SCICOM again since my last exit at RM1.20 ..
2024-06-29 15:27
Main reason why Scicom is doing badly in Q4 2024:
The Group recorded a decrease in BPO revenue of RM10.0 million for the current
financial quarter under review is due mainly to lower transactional volumes for
certain BPO clients coupled with the non-renewal of contracts for certain long term
BPO clients who have opted to bring their business inhouse
2 months ago
SCICOM reported a 2nd consecutive quarter of weak EPS largely affected by the non-renewals of contract with certain long term customers, which shall continue to put some pressure on its near term earnings; On a brighter note, management continues to pay out generous dividend of 1.25 cents (i.e. albeit lower than the typical 2 cents) supported by its strong cash holdings (i.e. sitting on nett cash of ~RM90 million or 25 cents); Management reiterated on the challenges posed by AI technology, and at the same time guiding that it is pivoting towards AI solution to future proof its business; Management remains optimistic on conversion of some new prospects in their pipeline which can fetch a higher margins thru new customization of its business solutions offering.
Position : Despite the earnings disappointment, the scale-down dividend payout of 5 cents is still decent, translating to a yield of above 5% at the current traded price and still worth a HOLD for now as the upside can be substantial if it successfully emerges as the winner of Sri Lanka's 10 year immigration system upgrade project (i.e. final selection is now down to last 2 bidders, of which SCICOM is one of them) ..
2 months ago
TQ ckwee168 for the info of SCICOM. i will hang on to it and not adding position yet.
2 months ago
@CKwee168 bro, when sri lanka immigration system upgrade project will announce the result ya ?
2 months ago
Its current CEO, Leo Suresh (a Sri Lankan national) has guided that the immigration system upgrade tender result should be announced before end of the year; The CEO is very confident that SCICOM has a cost advantage, but is somehow pitched against a local based player, making the odd of winning at 50-50 only ... i'm still holding on to my shares because the upside is just too big to dismiss at the current traded price ... i also take comfort that the CEO has further increased his own stake in SCICOM as a vote of confidence that SCICOM could win this game-changing project ..
2 months ago
@terence94tan, i re-collected between 92-93 cents after cashing out earlier @RM1.20, as i find its dividend yield of 5-6 cents (i.e. above 6%) very compelling even without winning the 10 year Sri Lanka immigration system upgrade project .. i do have plans to add more on further retracement of the share price towards 75 cents region; and trust its share price to be well supported by its lucrative yield .. Despite loss of few key long term clients, SCICOM is still capable of generating ~RM50 million of operating cashflow per year, more than enough to support its revised dividend payout of 5 cents (or ~RM16 million) .. Winning the Sri Lanka's project will be a significant upside from the current base ya .. hope this answers your queries and God Bless too :)
2 months ago
Thanks bro. Do you collect other div stocks as well? Mind to share?
I like Div stocks as it able to generate passive income for my cash flow.
I'm thinking to collect after US cut down the interest rate to average down.
2 months ago
My bastion of dividend counters and the respective yield at yesterday's closing price :
1) BAUTO (Bermaz Auto) : above 9%
2) HLIND (Hong Leong Industries) : above 8%
3) FPI (Formosa Prosonic) : ~8%
4) SPToto and GENM (Gaming) : 6-7%
5) BONIA : above 7%
6) RHB, Maybank and CIMB (Banks) : between 5-6%
7) Gas Malaysia : ~6%
8) IGBREIT and SUNREIT (REITS) : 5-6%
9) LHI and Teo Seng (Poultry Players) : 5-6%
10) Carlsberg and Heneiken (Breweries) : above 5%
I have a rough split of 75%/25% between dividend vs value counters; with a total of 50 counters in my portfolio at the moment to spread out the risks ... happy to share here, and may my God blesses your investment too ya :)
2 months ago
LadyRepins
@amilytay @c328
One needs to approach Ai cautiously. Yet to see any initiative from SCICOM, in fact they could enhance their ticker quality by putting out a professional Nasdaq-style quarterly slide deck.
2024-05-01 12:07