Novamsc is currently put more focus on Application Solution segment which is involved in the provision of e-business solution for the healthcare industry, construction, city, town council and telecommunication industries. and the company is more likely to engage service for G2G and B2G which is government-related services. it has a bright future and based on the latest quarterly report, The Application Solution segments have an order book of approximately RM129 million as at 30 June 2018 as compared to RM117 million as at the end of the immediate preceding quarter. The Group will focus on its project delivery and cash flow management while continuing its efforts to broaden its marketing activities by covering more overseas markets and products offering. Barring any unforeseen circumstances, the Group is optimistic about its performance for the current financial year.
U can choose to take profit if raised of price 0.01 or 0.015. To me, long-term should be good as well and the current price is cheap. if hit 0.45 in 2 years, your return will be approximately 200%. Worth to try.
Just sharing: In July 2018, the Group decided to dispose its 51% equity interest in Primustech Pte Ltd (“Primustech”) for SGD3m or RM8.9m to focus on the Application Solution segments, which the Group is of the opinion would have a better prospect and higher growth potential as compared to Primustech. The Application Solution segment has an order book of approximately RM129m as at 30 June 2018.
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....
kenny168
204 posts
Posted by kenny168 > 2018-10-04 12:32 | Report Abuse
So did you buy?