Whole management team resigned at the same time. New shareholder emerging.

Let go maybe because not profitable since material cost increased. Now IJM can officially inject new data center job to Pestech

bursa volume increased sure n2n will fly. they charge brokers on per trade basis.

breaking 0.40. gogogogo. Today volume starting to churn. Sky is the limit....

The asset sale is a right move. If the university not making money, they should sell it. For all these years it has been paying dividend to reward shareholders. Time to reward us again.

Not possible for rights issue. Company has cash Rm130mil. April 2023 already announced sale of the university infrastructure. Any successful disposal means shrink in balance sheet and theoretically share price should go up. If there is any profits from asset sale, a bonus issue is more likely as compared to rights issue. Retained earnings of Rm50mil is big enough for the company to do a one off bonus issue. Owner is old enough to retire. Bonus issue one big one before retirement is very possible.

if Master Tec can go UMA, this also can go above RM1.00. public float so little, small share base. Strong and solid financial health. Can do bonus issue or give dividend any time to reward shareholders

Evo, what if Eddie take up all the private placement? Any more dilution?

every goreng counter also take 2-3 years to goreng at least one time. this small cap sure got operator interested to goreng one. some more like you said 4 years no action. who knows there will be a show before CNY? Warrant expiring before CNY

how to get at 0030-0035. going up to 030 limit up lo

Chart is trending upwards. This is another hong seng going limit up to 2.00 tp

Buy buy buy! QR shows revenue growth and profits

BYD official launching in Malaysia 9 December 2022. Let's see the market acceptance level from Sime Darby Motor. That would give a benchmark to gauge if CSH is able to distribute BYD commercial electric van here.

Rumours got big announcement soon. Chart also looks pumping up. Seems like got buying pressure.

we all keep buying it will turnaround. The whole world is crashing this thing still stand still. considered good enough already

reverse head and shoulder forming

EPF won't liquidate many assets. RM40bil is merely 4% of their RM1trillion AUM. With the AUM reduced by 4%, they gonna be more aggressive to deploy the money for returns. China lockdown would very much beneficial to us as most of the foreigners will flow their funds in ASEAN countries, a boon for our local market especially we are export driven.

Hahahaha. I wouldn’t wait till 0.15 to buy since 0.11 is the support. Bosses can always change their thoughts overnight

This is how I view it:

1. Yes management gave high guidance earlier on without anticipation of lockdown. Corporates cut expenses and not many take the chance to digitalise business. But with sentiment recovering and borders open, businesses will start to expand and in view of labour shortage, some conventional businesses might start to go digital. A plus point for the cybersecurity segment.

2. Competition is there but the industry is niche especially in ASEAN region. Therefore, high chances the market penetration will come for securemetric, if they execute it well this round.

3. Digital banking license is a boon to cyber security.

4. Securemetric has done quite a good investment into PrivyID and Innov8tif. Innov8tif is quite popular in the market and their names pop up in many of the bids. Whereas PrivyID is famous in Indonesia valued at USD30mil. If PrivyID go listed like Docusign and valued as big as the other recent IPOs, then there’s a chance Securemetric will capture additional gains in their books. Indonesia private equity and IPO market has been very buoyant in the past 2 years.

As such, even the management cannot execute well in the upcoming results, their investments should contribute at least some positive numbers to the group. And hence, downside should be pretty much limited, but the upside??

Sky is the limit!

When news come out it's already too late. We should just buy now and hold.

Look at Genetec. Frankly it was a big miss for me. I was looking at it when it was 2.00. EV is the future and they set up a factory in Shanghai near Tesla. I didn't buy because I have no faith that they would supply to Tesla. At 8.00, CIMB analysts promoted in their reports talking about Genetec supplying to Tesla. When the news really came out on Tesla's award, it was already 40.

I'm not gonna miss this now. Cybersecurity is the next big thing with businesses going digital especially we have digital currencies. Whether these coins would be legalised is another separate issue, but definitely cybersecurity is in high demand. Securemetric is one of the few global players apart from Microsoft and Google in this PKI system, which caters for financial transactions.

Buy and hold long term wont go wrong. 0.20/share fair value is easily achievable. Confident that once q1 announce growth and with digital banking license announced, we could see 1.00 at least by q3 2022.

0.12 is now the new support!

Yes. Tp 2.00/share.

Systech market cap is bigger and share price is more expensive compared to smetric, whereas their revenue is halved of smetric. 0.20 should be smetric fair value now.

When growth shows in qr result, smetric will move!

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!

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/

Covid, global lockdown, supply chain disruption, inflation then Ukraine war...

How much bad news is coming? And in the midst of all the turmoil and uncertainties caused by geopolitical issues, how do we position our investment? Do we still hold cash and sit by the sideline?

Zoom in into Malaysia's economy, how would all these events affect us? Election is nearing. Funds are not increasing their investment positions aggressively, even EPF is selling down most of the stocks. Out of all those companies listed in Bursa, I'd say not many have prosper. Companies are even dampened with slow growth, or cashflow issue, or debt issues, or rising expenses, and worse off some had totally lost their income stream.

However, on the flip side, Malaysia market is gaining attractions as geopolitical issues have force out some fund flows from the West into Asia region, especially emerging markets. Malaysia is actually one of the favorite hotspots within this region. Data shows that incoming foreign funds have been increasing in recent months while our GDP forecast is still well above 5%. That's very good compared to the rest of the neighboring countries, partly due to our wealth of natural resources which is in the trend of commodity rally, and also our government has been proactive in managing the country's economic and people's welfare. Although our affordability index is still far away from the developed countries, but the following years will definitely be better and economy should recover very soon.

Many analysts on the street are forecasting a recession, but in my view, although a recession is imminent but there are still companies which will prosper during the economic downturn. Recession proof industry such as the healthcare, pharmaceutical, biotech, consumer staples, utilities etc, these are all the conventional recession proof industry.

As of this point of writing, I personally do not see a recession risk in the near term between 6 - 12 months. The reason is simply. Be greedy when people are fear, quoted from the greatest Warren Buffet. If recession can be easily forecasted, everyone is rich. Nobody expected Covid, nobody expected lockdown, nobody expected supply chain disruption where chips industry is booming, nobody expected inflation to be so high when global economy is recovering during a rate hike environment, nobody expected Russia to attack Ukraine, and how would somebody ever ever expect a recession and time it so correctly?

The Malaysia stock market is quiet now, but it is a good time to invest more. Properties are undervalued, stocks are undervalued, and they are only found here in Malaysia.

So join me and let's make some $$ together.

Happy to receive comments and stock ideas here.

https://www.espc2go.com/news/malaysia-sits-within-top-10-in-global-cybersecurity-index/

https://www.forbes.com/sites/investor/2022/03/10/russia-ukraine-cybersecurity-stocks-fortinet-checkpoint-cyberattacks-tenable/?sh=7c3b9f2513d3

https://www.thestar.com.my/news/nation/2022/03/28/cybersecurity-remains-malaysia039s-top-concern-says-hamzah

https://productnation.co/my/28270/best-cyber-security-malaysia/

https://themalaysianreserve.com/2022/03/28/bnm-to-notify-5-successful-digital-bank-licence-applicants-soon/

checkout these links. cybersecurity trend is coming!

https://klse.i3investor.com/web/blog/detail/savemalaysia/2022-04-04-story-h1620623356-Rethinking_Malaysia_s_cybersecurity_strategy_By_Aziz_Hussein

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!!!

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

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!

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.

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!

Guys, I found another good company apart from Nestcon. Come join the ride.

Securemetric. Undervalued company with 30% cash yield. Revenue beginning to pick up slowly in the past 2 quarters although it is still lost making. Fundamentally is healthy and the digital banking license could be a boost for their domestic business. They are one of the top saas service providers for the financial cybersecurity.

For traders, candlestick is also breaking up to 0.11, close above the resistant of 0.105. Next immediate resistant at 0.12, which I believe it will break up.

For long term investors, sky is the limit for long term given that the potential of getting new contracts is huge as corporates go digitisation. The company has been very quiet although they started showing growth recent quarters but we could hardly see any announcement or news coverage on this stock.

What if I'm wrong?

Well, 0.11 is one of the lowest possible entry. Buy low sell high won't go wrong. They just need a catalyst to spark.

Buy now! For this thing can go parabolic.

Let's join the ride in Securemetric.

time to continue the uptrend. I'm in 37 out at 55. went in again 46.

Buy more. Breaking new high

Time to buy more. Breaking new high. Ecrl contracts coming, im sure there are more coming with flash flood recovery contracts demand increasing

@investz. You should go to OPCOM AIMFLEX AHB KTB for fast goreng money. You dont belong here.

hahaha. Now it is moving. Have you bought any? Chasing high soon. Major shareholders not selling post lock-in period on the 29 Dec 2021. Good sign that this company will grow further with the recovery theme and undervalued property segment domestically. Dato Lim will be able to execute it according to plan by moving into mainboard by 2023. Order books growing and with Exsim's aggressive development, they will inject profit into Nestcon via more projects bidding.

Maybe the Nestcon will get the empire city mall project in view that Exsim acquired 20% stake in empire city mall.

Construction play for flash flood issues will help boost up construction and infrastructure demand. Buy Buy Buy. Supporting at 0.375

good time to collect more!!! Chart is bottoming at 0.36

Technical chart is supportive at 0.37. Today close up at 0.39 it will form a bullish engulfing reversal trend. Heading towards 0.45 and above

2bil unbilled order book for 3 years is approximately 700mil revenue every year. CEO also confident at least 500mil revenue in 2022. That makes them 25-30mil net profit based on 5%-6% margin. Assuming next year borders open and construction speed up, they could bill in 700mil revenue or more, that's safe to record 30mil net profit.

In terms of revenue growth is >60% assuming this year only capture 300mil revenue vs next year 500mil revenue.

In terms of net profit growth is >400% assuming this year capture 7mil net profit vs next year 30mil net profit.

Let's apply P/E of 20x, it's at least 600mil market cap.

Why 20x P/E? Owner has cornered 70% (60% from Dr Lim and 10% Mr Ong), that left 30% public float. Owner would not sell likely. That means to say 14x of the P/E multiplier equation controlled by owners, 6x of the P/E multiplier is in public's hand. It's the same structure happened to GDB few months back when it rocketed from 0.40 to 1.00 prior to the bonus issue! The best part is, Nestcon's order book is double of GDB's 1.3bil at that point of time when GDB rallied.

Is Nestcon a buy here?

I'd think this is a screaming buy now given that the whole world is recovering from lockdown. Countries cannot afford to lockdown further and no way we can catch the virus.

Infrastructure spending is the only way to boost GDP growth when monetary policy no longer efficient in a low interest rate and high inflation environment.

I won't be surprised Nestcon can get more government projects bidding since they are involved in ECRL and Johor railway.

Even at 0.50, Nestcon is still cheap to continue chasing.

Let's watch and see.

For those who have not bought any, buy now!

Breaking rm1 today. Seems rumour is true

Rumours sp got hsr project. Going to announce next week. Buy before too late!

Hopefully Monday limit up. My cost 0.05.

Insider collecting