good friend criteria is not my reason to buy this company...at least cuscapi got some footprint to follow MYEG but sucessful or not we dunno yet...MYEG last year offer e-gov services at bangladesh, cuscapi then this year venture into bangladesh...like digi slogan"i will follow you"...if management really can do thing right, they should already turnaround this company not continue declining in profit...next to see next few quarter to see any turnaround for this company and how the performance for venturing into bangladesh...
Anyhow, cuscapi is still young because management just took over approx 1 year.. But they already came out with new system c360 engage, means they are working on it.. at least some sellable software, and client base also increasing in southeast asia
targetinvest... Good to know u did some homework on 0051. Few thing from my view below on top of what your blog written. I believed Cuscapi can do more than just POS.
*Cuscapi owned 20% of Konsortium Multimedia Swasta (KOMMS) after they bought Litaran Pacifika for 16mil. KOMMS is the current RILEKs doing the same e-goverment services as MYEG & MYSPEED. They can revive RILEKs & overtake MYEG in long run for any e-government related project in future.
*Bangladesh EFD dongle for tax monitoring purpose, Cuscapi has the potential to JV with MYEG to develop this like how they did for our GST monitoring dongle last time.
*QSR IPO soon to open more KFC & PIZZA HUT which may adopt the new c360engage for the current & new outlets.
*KLIA 1&2 Cuscapi POS contract are due after 5 years since they won the contract 2015. They may renew since MAHB is busy upgrading both airport now.
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Posted by targetinvest > 2019-03-21 00:26 | Report Abuse
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