Followers
0
Following
0
Blog Posts
0
Threads
45
Blogs
Threads
Portfolio
Follower
Following
2024-07-11 23:18 | Report Abuse
Technical Highlights
A 1-months-long flag break-out is seen, accompanied by a spike in volume (6.6x higher than the 90-day average volume), suggesting strong buying interest continues. The stock is currently trading at RM0.215 (52-weeks high) which is close to breaking the crucial RM0.225 resistance level. We think breakout is underway, especially with the growing momentum (RSI>70).
The short-term bullishness is affirmative with the stock’s EMA 20 pointing upward and its MACD line has been hovering above signal line for a while.
If the share price break through the RM0.225 resistance, we think it is likely to test the next resistance level at RM0.295 (all-time high). Conversely, consolidation happens if the share price falls below the RM0.20 support.
Entry – RM-0.215 – RM0.220
Stop Loss – RM0.195
Target Price – RM0.230 – RM0.295
Source: Mercury Securities Research - 11 Jul 2024
2024-06-24 21:33 | Report Abuse
18.5 -0.19 cts is a good EP. Expecting a rebound tomoro
2024-01-26 11:10 | Report Abuse
https://www.klsescreener.com/v2/news/view/1268853
RHB revised TP
2024-01-25 15:20 | Report Abuse
Hoping for a big green candle tomorrow, stay invested everyone
2023-11-22 18:17 | Report Abuse
2023 Q3 report: Revenue 156mil, profit 17.2mil. Outstanding results!
2023-09-14 22:11 | Report Abuse
There is a new acquisition announcement today. Hold tight!
2023-09-06 12:51 | Report Abuse
Holding very steady the past week. Accumulation phase now
2023-08-23 21:44 | Report Abuse
QR is out! Revenue RM113.8m...highest since 4Q2020. Q2 Profit RM11.1mil
2022-11-30 21:21 | Report Abuse
You can view the QR report in KLSE Screener under "Reports" published today. Q4 net profit was RM5.1mil, increase by 640.3%
2022-11-30 17:12 | Report Abuse
Qtr report just out. Profits ballooned to RM5.06mil. All in!
2022-09-22 22:48 | Report Abuse
The share price is relatively low and company is profitable. Investors no need to worry, just buy and keep to reap the rewards in due course.
2022-09-15 12:30 | Report Abuse
Don't miss the boat!! From now on it will shine like a diamond under Mr Chua's management
2022-02-08 16:13 | Report Abuse
Scicom is involved in foreign student visas via EMGS project with Government. Opening of borders will bring in more foreign students to Malaysia and contribute to Scicom's revenue
2022-02-01 21:48 | Report Abuse
Holding steady at resistance. Expecting a breakout soon!
2022-01-21 22:06 | Report Abuse
Good news. Hope momentum will pick up next week.
2021-08-31 22:07 | Report Abuse
Scicom performance has been very consistent. Am holding on to it!
2021-04-07 18:59 | Report Abuse
Stable and just a matter of time for it to move up
2021-03-19 17:03 | Report Abuse
Next week engine start again, good closing for today!
2021-03-16 12:05 | Report Abuse
Raising FY21-23E Core EPS Forecasts by 23-26%, Maintain BUY
We raise our FY21-23E core earnings forecasts by 23-26% after incorporating higher revenue from both the BPO and E-Solutions segments. In tandem, we lift our 12- month price target to RM1.40 (from RM1.15) based on an unchanged 19x CY21E PER. At 14x CY21E PER, Scicom is now trading below its 6-year average of 19x and looks attractive to us. Scicom is continually bidding for e-solution contracts from the Malaysian and foreign governments and we see more business opportunities under the MyDIGITAL initatives. Our forecasts do not take into account any new e-solution contract wins. Key downside risk: weaker-than-expected earnings.
Source: Affin Hwang Research - 1 Mar 2021
2021-02-04 15:35 | Report Abuse
Up, up and away. When u invest in a good company, perseverance pays.
2020-12-12 22:57 | Report Abuse
FDA approval will gap up oii price on monday
2020-12-11 09:52 | Report Abuse
Just curious. Wil free warrant affect price of mother share after ex date? Any comments?
2020-12-08 17:54 | Report Abuse
Tasco up like crazy, hopefully Gdex's turn tomoro.
2020-11-03 18:59 | Report Abuse
https://www.klsescreener.com/v2/news/view/748311
Gdex a benificiary to deliver.
2020-08-21 23:00 | Report Abuse
https://www.klsescreener.com/v2/news/view/716191
Proton enters Kenya market. Hopefully this will open the doors to massive african continent. Looking forward to upward trend on Monday. Happy weekend all.
2020-08-20 00:27 | Report Abuse
This disclosure augurs well for Orion, my 2 cents
2020-08-19 21:17 | Report Abuse
MEMORANDUM OF UNDERSTANDING | https://www.klsescreener.com/v2/announcements/view/3213419
Released today 19 Aug 2020.
2020-08-07 13:50 | Report Abuse
https://www.klsescreener.com/v2/news/view/711635
Positive rating, news just released after market break.
2020-07-28 20:32 | Report Abuse
Any chance of scicom bagging this with JV in place?
2020-07-22 22:51 | Report Abuse
Bottom line the jv will strengthen their future egov bids and this augurs well for scicom. Maybe euniceanalyst88 can throw some light on this.
2020-07-22 18:34 | Report Abuse
The Board of Directors of SCICOM is pleased to announce that SCICOM has on 22 July 2020 entered into a Joint Venture and Shareholders’ Agreement (“JV Agreement”) with Microlink Solutions Berhad (“MICROLINK”) (hereinafter referred to collectively as “Parties”). Under the JV Agreement, the Parties will be shareholders of a company named Asian Contact Solutions Sdn Bhd (formerly known as Asian Contact Centres Sdn Bhd) ("Proposed Joint Venture").
The Proposed Joint Venture is intended to enable the Parties to combine their skills, expertise, experience, capabilities and resources to collectively bid for tenders with regard to eGovernment solutions and services in Malaysia.
Info sharing for those holding Scicom.
2020-07-21 20:31 | Report Abuse
https://www.klsescreener.com/v2/news/view/705009
Dont miss the boat.
2017-05-22 13:49 | Report Abuse
Hope the good QR in May will break the RM2.40 resistance. Counting on it!
Stock: [MIKROMB]: MIKRO MSC BERHAD
2024-08-19 21:03 | Report Abuse
Volume is picking up with the impending listing of Elridge on Thurs 22 Aug. All the best to Mikromb investors!