KUALA LUMPUR: Pheim Asset Management Sdn Bhd (Pheim Malaysia) and Pheim Asset Management (Asia) Pte Ltd (Pheim Singapore) have acquired under a 2% stake in Supercomnet Technologies Bhd (Scomnet).
Pheim Malaysia and Pheim Singapore bought the stake via a combination of an off-market transaction and directly from the open market.
The bulk of the acquisition was made on Wednesday at RM1.62, which is a 9.5% discount from its Tuesday closing of RM1.79.
At this price, Scomnet has a market capitalisation of RM1.36bil.
“We are very pleased to welcome Pheim to become our shareholder. We look forward to growing our relationship and learning from each other’s experience for a prosperous future together,” Scomnet managing director James Shiue Jong-Zone said in a statement.
For the third quarter ended on Sept 30, 2022, Scomnet announced a 44.4% increase in net profit to RM10.1mil on the back of a 40.6% jump in revenue to RM45.14mil compared to the last corresponding period.
=========..============..========== Buy now @RM 1.37, cheaper than Phem bought
KUALA LUMPUR: Supercomnet Technologies Bhd (Scomnet) remains optimistic of its mid to long-term prospects and will continue to work closely with existing and new customers on new product development.
“Barring any unforeseen circumstances, the group expects the performance for the next financial year to be satisfactory,” it said in a statement.
profits and revenues. It posted a 30.89% jump in net profit to RM33mil for its full year ended Dec 31, 2022, from RM25.21mil previously while revenue rose 10.24% to RM158.33mil.
The record full year profits are simply the result of Scomnet’s growing momentum from existing customers besides maiden contributions from new customers. The pipeline of Scomnet’s orders remain strong and continues to increase.
“Organically, we are confident of our business prospects. Besides the pipeline of orders that we have in hand, our cashflow from operations continues to increase over the quarters.
Topped up some 1.28 This stock you need to have very strong patience because it is forming the bottom. Guess the bottom formation is nearly completed It will anytime push up. Now it only 欠东风。。
Profit of Mermaid, IHS, Nano cancer and etc medical products will come in starting end of year and continue building up in 2024...2024 is year of scomnet, buy
Scomnet definitely need you to fire his butt so that he can fly upp
Prospect remain good. Tempted to buy Top up some today. This co gives you many info regarding his prospect. Normal person like me willing to trust this mgt. Hope you don't let me do down..
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
swimvshark
224 posts
Posted by swimvshark > 2023-02-16 19:39 | Report Abuse
0.14 in. hope tmr start fly...