Optimus I need a mentor like u ah.... Knn not those madiba type... Every night I have nightmares. Wet dreams not those kinda wet dream. But related to water... Sea... Why? Cuz en route to holland via icon sea vessels...

Optimus. See u later. In cinema :D

wa.. dispose some more ah...

no volume... no show...

IMO assuming 10% increase in supply of mykad

Bottom line (14m + 4m ) * 20 * 0.1 * 0.3 = 11m

Assume subsidy savings + 10%

1b * 0.03 * 0.3 = rm10m approx

16 FY = 110 + 11m + 10 = 130

About there boon using 30% as net margin

Sorry boon 4m *20 * 0.3 = 24m

15 YE 110m

Hi boon, from rhb 2013 report rm76m + 25- 30m fahb ( net assume about 10m) + 4m back order ( 40m revenue - net + 12m) = 100m approx for 15 YE

Net profit - 30% based on 13 YE

138 is 16 YE

Datasonic – Your Move...

“Concept-turn-reality”

This sales note on Datasonic is for those who have the appetite for “concept-turn-reality” stock. For instance, MYEG which started-off in 2008 as one of these concept stocks, is now well accepted as an institutionalised counter. MYEG has been consistently trading at over 25-30x earnings multiple, and here’s why we reckon Datasonic could behave similarly.

Not something without earnings

Analysing Datasonic requires one to understand the symbiotic nature amongst its various business divisions. Datasonic's main revenue generators are MyKads, passports, consumables and card manufacturing (which they acquired recently). Collectively these contributors should make about RM95m profit per year.

Plus, other potential contracts they may be able to close this year are jobs worth about RM700m from the immigration department. We expect Datasonic to achieve net profit of RM139m or EPS of 10 sen in 2015(FE March) based on existing tenders.

Benefiting from the hyped “Petrol Subsidy Card”?

Off-late, the petrol subsidy program has been hitting headlines and widely debated.

This is what we think. We understand the government intends to implement the petrol subsidy scheme via usage of MyKad to avoid leakages and mass abuse on the system. We do not wish to speculate, but one thing is sure, the demand for MyKad will definitely increase and Datasonic will surely benefit.

To top that, we believe there should be further work scopes for Datasonic throughout the implementation process.


What valuation is right?

Since we are in the topic of “conceptual stocks”, we reckon MYEG is the closest benchmark. More than 5 years ago, investors thought that the GST program was too far-fetched for MYEG and deemed conceptual.

On hindsight, there were small group of investors who profited from believing MYEG. Given its “conceptual nature”, MYEG traded on a 5-year average PE of 25-30x.

Back to Datasonic, many view that the petrol subsidy proposal was conceptual too. Unlike the case of MYEG, we don't have to wait for many years to see if this is merely a concept given that the government is in desperate need to resolve the heavy petrol subsidy issue.

Every year, total government fuel subsidy totaled to RM25b. This petrol subsidy proposal is expected to save RM9-10b. The proposal may materialise quicker, as recent situation in Iraq may worsen, driving oil prices to higher levels.

The best case scenario for Datasonic

IF Datasonic were to have a role in the petrol subsidy scheme, we will not be surprised if investors (those who believe) may be generous enough to subscribe high PE multiples ie 25-30x to Datasonic.

Datasonic is currently trading at forward PE of 18x. At 25x PE, it could worth up to RM2.57.
Bit sharing on hot topic

not applicable for dsonic john ;)

Past week the volume is amazing but move nowhere. Hope it's accumulation and not contra but by the look of it should be contra la.... Always got people throw...

u need contra kaki to push up the price also la... cannot punish them like that.. haha

cannot even sustain RM2... hope they have accumulated enough and about time to go by 10% by 10% la..

nicholas.. today also got news... knn still drop..

ya lo.... always ding dong around 2

Why got news still cannot up aiyoyo

market queiet .... huhuhuh

Hello tj n kawan

http://www.theedgemalaysia.com/business-news/296289-rhb-research-upgrades-datasonic-raises-fair-value-to-rm250-.html

Hi guys http://www.theedgemalaysia.com/business-news/296289-rhb-research-upgrades-datasonic-raises-fair-value-to-rm250-.html

Limit up limit up. Go go go.

Means its not even for dsonic at the first place... But so many speculate dsonic on securing the contract?

Food for thought. If FHSB were to secure the project why let dsonic take over????

raider ah raider... publish a book and im first in queue to buy!

dsonic ca lagging... lai lai lai buy buy buy

u reading the chart upside down is it goodluck123...

http://klse.i3investor.com/servlets/ptres/23880.jsp

1.5m shares only ma.. buying a lambo la this weekend... next week continue party

1st post mark your words already?

where the seller come from... wave after wave... i buy till finger pain d le..

here we go again... another mountain to climb... 2.4 2.4

om nom nom...

Limit up limit up

26000lot @ 2.0 tmr gap up ...

lol good 1 winterwolf.. close 2.00 nice nice .. tmr continue..

2.0 mari mari makan...

dsonic lai liao???

tornado... sona FA go or no go?

hi will u may use a few indicators first.. stochastic, macd, rsi, volume, moving average 20days / 50 days (short term)

Ock? Dsonic?

on the contrary duitKWSPkita ... i think you are quite confident with ur remarks le.. now i itchy itchy wanna testing also hahaha... any valuable tips or not.. i just started few months and got burnt already.. bad bad luck.. i think its up to u entirely... buy/sell at your own risk ma.. kekekeke...

Posted by duitKWSPkita > Jun 18, 2014 04:29 PM | Report Abuse

TP: RM320. Welcome to join me enjoy 14% gain in 2 trading days.

Happy trading! duitKWSPkita highly recommended PICORP.

then u highly recommend for what ahhh .... aiyoyo later misinterpret and buy buy buy end up in holland... hahahaha. thank you for your advise though.. wish u huat huat!

duitKWSPkita really 14%?? dont pull my leg le...

really hosei today.. 11m vol but no movement...

last round of accumulation???? 10m already...

afternoon session up up up?

roller coaster....

roller coaster dsonic..

already at 2.0.... close 2.10 today????

last call last call... you wont see 1.9+ anymore...

siapa mau makan 1.95 bagi clear sikit...

dsonic vroom vrooommmm... 1.9 will be history....