RM 83.2 million for 6 years = RM 3.47 mil revenue for quarter
RM 78.6 million for 6 years = RM 1.67 mil revenue for quarter
total additional revenue per quarter = RM 5.14 mil revenue for quarter
since IT business line has higher margin, assume 20% margin = RM 1.03 mil net profit per quarter
it has new project in hands as below:
The Board of Directors of Nova MSC Berhad is pleased to announce that the Company’s wholly-owned subsidiary novaCITYNETS Pte Ltd (“NCN”) has been awarded the tender from Building and Construction Authority in Singapore to study, revamp, design, develop, supply, deliver, install, test and commission a Construction And Real Estate Network System 2.0 (CORENET 2.0) with maintenance and other options commencing from 27 Oct 2017 to 26 Oct 2023 (“Contract”). The contract sum is Singapore Dollar Twenty Six Million And Eight Hundred Forty-Eight Thousand Seven Hundred and Forty Six (S$26,848,746 or approximately RM83.2 million). NCN does not expect any material risk arising from the Contract other than the normal operational risk associated with the Contract. The Contract is expected to contribute positively to the result of the Group for the financial year ending 31 March 2018.
***
The Board of Directors of Nova MSC Berhad is pleased to announce that the Company’s 51% owned subsidiary, CNA Development Pte Ltd (“CNAD”) has been awarded the tender at Changi Water Reclamation Plant in Singapore to replace the SCADA and Instrumentation Systems with 36 months of comprehensive maintenance from 1 Dec 2017 to 30 Nov 2023 (“Contract”). The contract sum is Singapore Dollar Twenty Five Million Six Hundred Twenty Thousand Nine Hundred and Seventy (S$25,620,970 or approximately RM78.6 million). CNAD does not expect any material risk arising from the Contract other than the normal operational risk associated with the Contract. The Contract is expected to contribute positively to the result of the Group for the financial year ending 31 March 2018.
The trent is already down trent...for those are still balance or profit ...pls faster sell out it....wait later around par value rm0.10 to come back.... If not u will trap inside ... .
The trent is already down trent...for those are still balance or profit ...pls faster sell out it....wait later around par value rm0.10 to come back.... If not u will trap inside ... .
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 24, 2017 10:29 AM | Report Abuse
Oh...not.logic ...par value only rm0.10.... I think after chrusmass will adjust back to rm0.10.... As i share before...the movement up is for chrismass gift (people push up then sold at high price to get profit for chrismass....then buy back at lower price)...due to this is Singapore company
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 20, 2017 08:53 PM | Report Abuse
Looks rm 0.125 is up breakeven point....and Rm 0.095 is down breakeven point...
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 20, 2017 05:45 PM | Report Abuse
today closing ia rm 0.12....
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 19, 2017 08:22 PM | Report Abuse
Yaloh...negative momentum....no good....sell out first... Looks will down
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 19, 2017 03:47 PM | Report Abuse
Looks the breaeven point 0.12 cannot break...and the big customers already sold the share....please sold out at rm0.115 to get the profit first
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 19, 2017 12:37 PM | Report Abuse
Target rm 0.125
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 19, 2017 12:37 PM | Report Abuse
Woh....coming
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 19, 2017 09:26 AM | Report Abuse
Why some people buy many rm 0.105 but still dont want to push up ? I believe today will push up...the time coming
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 17, 2017 12:46 PM | Report Abuse
Yup....before the chrismass (next week) will up up up.... Same also Malaysia KLSE will up go 1800 point before end CY2017
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 13, 2017 08:53 PM | Report Abuse
Because Novamsc is Singapore company....chrismass is very big and important day at Singapore...thats why will push up price ...target 0.125
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 13, 2017 08:52 PM | Report Abuse
Yup....according to the previous time....always before the crismass will give the chrismass gift....and push up the price....target 0.125
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 7, 2017 02:39 PM | Report Abuse
It means that the company own is very confident for his novamsc...due to the project on hand....and in progress for tender several new project...
Stock: [NOVAMSC]: NOVA MSC BHD
Dec 1, 2017 12:20 PM | Report Abuse
What u all think for this stock ? Any comment ?
Stock: [NOVAMSC]: NOVA MSC BHD
Nov 29, 2017 09:27 PM | Report Abuse
U can see today buy many people.but sell less people
Stock: [NOVAMSC]: NOVA MSC BHD
Nov 29, 2017 09:27 PM | Report Abuse
Good result....Tomorrow can climb to 0.12.....it try to break 0.12....if break 0.12, it will go into 0.15
Stock: [NOVAMSC]: NOVA MSC BHD
Nov 28, 2017 09:23 PM | Report Abuse
Yes....i think u are correct....rm 0.105 is reasonable...
Stock: [NOVAMSC]: NOVA MSC BHD
Nov 25, 2017 11:34 PM | Report Abuse
For those.get some profit....sell out first....wait until 0.095 only come back.....
Stock: [NOVAMSC]: NOVA MSC BHD
Nov 22, 2017 09:05 PM | Report Abuse
I agreed....the project is long terms project and will not direct contribute the profit to the company...and so it is only goreng time...sold out first...because it will down back to rm 0.095 this several day
If you want to invest this counter, please check their financial report and their share movement from the previous years....then you will know what to invest. Don't just buy and keep bcos you will trap here for a long long time.....This is only a (goreng) counter....
Supernova81 already give true comment at.11/1/18....if drop to 0.125...pls cut off.... Dut to the blocking level is rm0.125....after that will continuesly droping and adjustted back to par value .
Added more @ 13 sen. Waiting for QR in Feb. It will be crucial to determine the price movement. If confident of better result, just buy and hold. If not, just sell and go other stocks. Good luck.
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....
OngLai88
1,234 posts
Posted by OngLai88 > 2018-01-05 12:02 | Report Abuse
Today pit stop......hope for another upswing, approaching QR announcement next month.