Reading their annual report.

@keyman FYI info EPF can invest in non shariah listed company. Only Islamic funds not allow too. Yes Scicom is non shariah not due to ESL as their client but their cash exceeded certain % of their overall asset. Hope it helps.

We never bother of all these noises. Some people just got their personal agenda!!!

BPO market in Malaysia is likely to surpass US$1.4bil by 2021, according to IDC. SCICOM is still keep recruiting. We are happy on their Shopee&We Chat Pay support in Asia Pacific Region. Hope the coming quarter their DPS can be back to 1.5cts and price move back to 1.55 before RM2 by Q1 next year.

Thanks. Way to break RM1 this week!

SEA limited may buy up Scicom.
Target RM2.5!

Yes. Now many co asked Scicom to increase head count. BOC just started today in Sri Lanka around 45 to 50 head counts.
Their BPOs is growing!

Q4 FY 2020( April to June). It is during lockdown time and Foreign Student also not able to come in. I think the worst is over for Scicom!

We dont expect good Q4 FY2020 profit in this coming few week announcement. It is due to lockdown and foreign students cant come to Malaysia. BPOs wise also affects their transactional volume. Recent weakness to buy for recovery in Q1 FY2021( July to Sept).
Overall we just accumulate and wait for the awards of e govt . BPOs wise they are growing but some being affected like airlines, hotel& resorts. Online business like shopping and gaming r growing. They also support Tencent besides ESL. Their corporate clients around 40 includes BMW, Fonterra, Shopee, Heard Sri Lanka side did well. New client like Bank of Ceylon secured with starter of 45 staff effects 1st sept. That means two big banks in Sri Lanka already outsourced to them:)
Overall their cash level still very healthy at 38mil+ ( include money market fund). Because in bank balance you only see 12mil+
Strong balance sheet with retained profit above 70mil+ hopefully they declare bonus issuance :) and enlarge their share capital improving their liquidity and reward long term shareholders;)
All the best!

We will collect all later at 99.5
This stock is oversold.

Scicom ( 0099) maybe the second counter to fly soon and to be noticed. They are the tendered projects. JV with Microlink and they fly after news out!

No news is good news:) current price in weakness. We are anticipating on awards to be announced soon. We have a very good pick last Friday at RM1:)

Scicom Tendered Project IIS JV with Microlink. Microlink volume up price up. Scicom volume up too recently. But price only at 1.04 & Microlink already rocket fly!!

18 July Published. 22 July Scicom JV Microlink. Volume up price up. Even Microlink price limit up. Major shareholder is Omnesti holds above 64%. Onmesti keep acquiring Microlink too recently.

https://www.bharian.com.my/berita/nasional/2020/07/712243/niise-akan-ganti-myimms

We are collecting at 1.08
Accumulating before spike in Aug . All the best.

As I said scicom now is extremely undervalued compared with peer group the price from 2.36 to current level of 1.08
If no chance why JV? Did you see microlink limit up recently? Why sudden surged? We need to trust chart sometimes. It may tell us something.

Omnesti recently keep acquiring Microlink. Now their holding above 64%. Microlink also limit up recently and they said negotiating with one co to form JV. News announced that was Scicom.
Next surge will be Scicom based on low valuation compared with Microlink. Furthermore their JV is 50:50 for e govt project.

1.8bil project as we heard from counterpart.

What Chong said was right. When Scicom breakout & move higher he always came out to share. I Believe it was too late to catch up at this point. When you saw his article you need to sell. But now is the time to accumulate again. Good pick 1.07
JV with Microlink is confirmed. Behind Microlink is Omnesti. Omnesti recently keep acquiring Microlink. Board & Shareholder of these co Darek also bought in a lot Scicom and now became substantial shareholder of Scicom. This JV is for immigration projects. Just need a little bit patience. Price will limit up soon in Aug.

All the best!

Nothing wrong with FML about his opinion of 1.20 based on chart( price already dropped so much from 2.36) But nobody can predict the market price up or down tomorrow.
Our side we are looking for their good business model like Automated process outsourcing and partnered with Adobe.
Furthermore they are still aggressively hiring:)
Volume today reflected the historical highest since it was listed in 2005.

I believe they have the high chance to get the new e govt projects soon. Hardly to find net cash co without debt. Furthermore heard Ali Baba may team up with them. Happy weekend!

Heard Scicom secured big project overseas.

Consolidation after dividend paid on 29 June.
During consolidation time, it is accumulation process from fund managers. Retailers will only enter when price surge up. This is why they always catch at high price!

As long as below RM1
Yes. Now is definitely at a very low side level.

Thanks @ FML. EPF selling resistant level is less. It is time to spike soon anytime.
Our side we really love the Scicom Business model:)

What you PM me? We may just discuss here for the benefit for others.
BPO is the future trend during this pandemic time. Many co cut cost and outsource to Scicom!
The current price below 95cts present a good opportunity. Margin of safety now more than 20% based DCF model.
Based on future earning we still set at 2.36

Scicom financial year end is end of June not September. Today dividend out we have made a good reinvestment. Thanks to Scicom!

@FML. Latest info we get from our side. They did tender more than 20 e govt overseas. We firmly believe they have the capabilities to get it just a matter of time. The delays maybe due to Pandemic and many countries now focus on how to combat with Covid-19. However what we know is ensure was CEO told us they already secured 10 BPOs projects. It was also published in local news last year end.
As compared with Dsonics, debt to cash ratio 7.32 . Debt more than 95mil cash is only at 12mil+. What we prefer net cash co. The bonus point for Scicom not only net cash but zero debt. During bad time we need to do thorough research before investing. Listen to friends may not be true facts. Need to spend more times or visit their co.
Now overall market is weak and we tap into as opportunity to buy in more 0099 Scicom.
Happy weekend!

Today good to pick due to its weakness and oil tumbled 10%.
945! Accumulating!

Furthermore Scicom DY is much more better than Dsonics& Myeg.

I think it is healthy to do like that. It is a extra bonus for Scicom if they can secure. Furthermore their BPOs pipelines secured will be reflected in q3 2020.
We have very optimistic about Scicom.

I have no idea Joseph. But what we heard from here this projects they may not just award to one co. Maybe 3 to 4 but how much portion each it all depend on govt.
All the best. But Scicom is a very good co and capable to do all these.

They are the 1st one launched this covid-19 mobile apps. Recently they partnered with Qualitas Medical Group.
Hope today we can pick up more Scicom below 90cts. Yesterday was the fruitful day for all of us:)
Happy investing!

Last friday was really a good bargain hunting for fund manager. We will continue buying if below 1

https://focusmalaysia.my/mainstream/who-owns-this-company-vying-for-rm1-5-bil-immigration-system-tender/

Bargain hunting level at 1.03

Yes of course tax may take into consideration. Earning per share we are counted in net profit only. What we would like to say here their profit drop not because of its sales but because of tax and new accounting standard. Their MSC status already expired.
What we like this co because they are growing this year. Started recruiting a lot of staff in April & May . We are buying into their future earning .
From the peak 2.36 to 1.03 level for us it is a good bargain hunting at this level.

Just to summarise what we conclude last week.
Scicom last time highest price 2.36. People start disposing due to drastic drop in EPS. But we did research the EPS drop due to tax 26% and MFRS16 ( depreciation& amortisation around 4mil per q). In actual facts their EBIT is at very healthy level. Last time they are tax exempt.

Last week we have a very good pick at 99.5

Let all of us have independent thinking not to be influenced by others. As our teams still believe business model is a vital criteria for us to select a good co.

As per our research team, Scicom academy just entetered to Colombo as well.

They are the largest BPO in Sri Lanka.
Also the only listed BPO in Malaysia. In term of number of headcounts in Malaysia they are the largest too.

This is the old time story in Malaysia again.
Government changes may affect sentiment in e govt counters like Htpadu, Dsonics, Myeg etc
But it is just temporal. We need to focus on its core& solid fundamental account and sound business model.
But Scicom major part is in BPOs more than 60 clients. Furthermore EMGS( e govt) is the long term contract. Simply cancel of contract need to be compensate by govt. It is legally bound agreement contract.
Please have our own judgement and do more research . If not too many noises may affect your decision. This is my 2cts opinion.

Good morning. This is one of criteria set by fund manager before investing in this co. It is a financial ratio that determines a company's profitability and the efficiency the capital is applied besides EPS. Sometime it is vital to look at compare with EPS like what Warren Buffet said before.

The system has been functioning seamlessly for over 7 years with all the requisite clearances from the authorities. Scicom is advised by counsel that these allegations are time barred, frivolous and lack credibility.

Good pick Amily. We did pick at the range of 99.5 to 1.00
Out fair value target still maintain at 2.40
Hope to see new e govt projects to be announced soon.
Besides Shopee. One of the Genting Malaysia business also outsourced to them. Head counts around 80+ compared with Shopee 320+

It is good time to accumulate. Result is within our expectation too. It is prudent also for co to keep more cash to investment fund. Besides the DPS 1ct and retained profit also exceeded 70mil. It is time to keep more cash during this pandemic period. Co should reserve more cash and its retained profit. Total liabilities is only 18% from it total assets. Zero borrowing.
As we know the projects secured some delayed to Q4fy2020. So we need to be a bit patient.
Their total clients now are above 60 . Mostly are listed corporate clients with good track record.

Dear fennix&peppermint. I may leave this forum. What I said just based on facts. Decision making are yours. Good bye. Overdo& Promoting is different from providing info based on facts. Bye!

All the best Amily Hold it for 6months.