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

OMG, really BBQ.. result not showing any improvement.

@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

Below RM1.00 already.
Affin Hwang down grade to Hold. (Hold = sell)

information from amilytay usually not correct one.. dunno where you get the news...

KLCI already above 1600 points. This Scicom share price still not moving. How come? Bad result on the way ?

Nothing wrong with this company. The problem is the boss refuse to push up the share price even thought LHI is making huge profit in year 2023. I believe in year 2024 LHI will even make lesser profit. So big investor cut lost and move their fund to others better company after they realize LHI has con them for a long time.

oversold already. Hope tomorrow will turn green...

why gap down? LHI only making less profit, not losing money. LHI director and gang is really clever to play and continue to con people money.

https://theedgemalaysia.com/node/702685

AmInvest still give buy call on LHI with target price RM0.95 cents.

Challenge facing from Scicom:
The industry itself is bracing for change with the threat of substitute products and services such as the advent of technology driven innovation such as AI and RPA by customers enabling them to reduce their transactional volume and therefore their cost to serve their customers.

today (24/1/2024) buy rate is around 87%. Almost 3.9 million shares done at $0.555. What happened? Funds is buying again? Good Q4 result on the way?

Dont just focus in Malaysia. Dont forget that Indonesia is the biggest revenue contributor for LHI. If Indonesia is doing bad, it will pull down the the group performance.

give you 1.2 cents. Want to take back 10 cents from you.

If we talk about the share price, LHI performance is the worst compare to others like CAB & CCK. What a shame calling yourself largest fully integrated producers of poultry.

BBQ already. No point talking on fundamental. Everyday drop a bit and a bit. Will break below 0.50 cents very soon.

I dont think it will drop. Unless coming Q4 result is bad. No more bad news for LHI. Just hope Q4 result will be good.

looks like the bleeding has stop.

Tan Sri Francis, please come out and say something. This has ruined the reputation of LHI.

This industry really difficult. Raw material increase, Ringgit Malaysia is so weak, basic salary increase to RM1500, all the cost increase. But cost cannot transfer to consumer. Chicken price up, all people cry father cry mother and complaint and media will highlight it. If cannot afford to eat chicken, go and buy beef, mutton and pork la, price of beef, mutton and pork is cheaper I think.

So based on weichong89 positive information, we should continue to collect Scicom. After ex the share price still not much different.

Buy on weakness. Revenue increase every quater in year 2023.

tomorrow below 0.60 cents.. 💩💩

I also cannot explained why. They wanted to build another uptrend wave start from 0.625 cents?

Only record breaking revenue or profit or announcement of mega project will make the price fly. If not it will continue side way.

7 days continuously dropping.

Please remember the IPO price for LHI is $1.10. The share price started to drop after second day of listing and never ever went above $1.10. So is right to say LHI is a conman company just like Malakoff. Am i right?

Better drop back to $0.50 cents. Really a conman company that like to con people. Investment bank should put it "sell" call instead of "buy" call.

CEO of Scicom please walk the talk.

Hope the price will continue with the uptrend after the funds company has stopped the activity of disposed the share. No reason for share price of LHI to continue to drop with such result. Unless LHI is really a conman company.

the Group has developed new products and services offerings that have been designed to positively impact the Group’s top and bottom line. The Group has also been vigorous in its global business development efforts for both its customer lifestyle and Gov-tech business sectors. With the new revenue streams developed for existing clients and the conversion of current prospects in the Group’s pipeline, the Group expects to achieve growth in its profitability for the current financial year.

all of sudden break 70 cents today. good Q3 result is coming. hope they will declare dividend..

yes, buy it before it break 0.70 cents

For this industry, more chaos the market, the eggs and chicken price will be good. So is better if the market continue don't have enough chicken and eggs to supply. I think share price of LH wont drop much due to volatility of the market, because it has no reason to drop. It will continue with the uptrend due to coming big fat profit in Q3. Just wait and see..

Coming Q3 will be another big fat profit for LH I guess. Support now at is at 0.60 cents. Hope can break 0.70 cents after Q3 results in November 2023.

are you sure weichong89? but their share price doesnt reflect it.

supersaiyan3 is a farmer? you operate broiler farm?

Big fat profit also no use.. the share price still remain stagnant.. hello Lau family, when can you all push back to price to IPO level of $1.10 ?

is pointless if the share price is not moving.. from IPO price RM 1.10 drop to RM0.50 cents.. Lots of layman hard earned money is cheated by this company. Muar people say this is a conman company. Maybe is true.. Lol..

Good qtr result is coming, hope the price can at least move to 60 cents. Chicken Feed price is stable + average selling is better compare last year. Hope I am right.

supersaiyan3, I dunno the latest price. I am just a layman, so the information I have is very limited. Unless you know anyone working in LH? Lol..

you can check the broiler chicken price at DVS website,
https://www.dvs.gov.my/dvs/resources/user_1/2023/BPSPV/HARGA%20EX-FARM/AYAM.pdf

The movement of the share price already reflect the coming QR results. I think there wont be any big fat profit. Please dont use Teo Seng as benchmark.

Malaysia chicken price might be good. But don't forget LHI also has business in Vietnam, Indonesia. Is the chicken price in other country is good? Dont expect too much for the coming quaterly results. You might end up dissapointed.

Record high revenue. Another 1.5 cents dividend. Successfully secured 3 major clients that will contribute to the group revenue in the 4th quarter of 2021. Not bad after all...

come on... steady man.. Hopefully can give 2 cents dividend like last time..

Slow and steady. Hope the next support level is at RM1.40.

Hopefully this time is real one.. not fake one.. :)

How to be happy if the share price is not moving? :(