Omesti announced that it had secured a RM95.59 million contract from TM to build new business support systems platforms.
The two-year contract will start two weeks from the end of the movement control order.
It also added that the renewal of the application software subscription for the third, fourth and fifth years of the contract is worth RM104.99 million, subject to TM’s approval.
5 yrs contract valued about 200 m. Where is 10.6 b as 10.8 b given away jobs to Omesti 0.2 b?
TM is expected to provide half of the RM21.6 billion budget under USP fund .. as at last year USP fund is about RM 8 billion ..
Under the 11th Malaysia Plan, gross national income (GNI) is expected to reach RM47,720 by 2020. An entry-level package amounting to 1% of GNI translates to only RM40/month. This is half of TM’s Unifi Basic currently priced at RM79/month for 60GB data versus Celcom’s RM80/month for 30Mbps, Maxis’ RM89/month for 30Mbps, Time dotCom’s RM99/month at 100Mbps and Digi’s RM99/month at 50Mbps. For further comparison, TM’s 2Q19 Unifi arpu average was higher at RM177/month.
AmInvestment Bank said given TM’s role as the national broadband provider, the group will likely bear up to half of the NFCP cost, which translates to RM2.2 billion over the next five years. Besides TM’s own capex requirements, the NFCP rollout alone translates to 19% of FY20 forecast revenue – already above management’s FY19 forecast capex target of 18% and 8% in 1HFY19.
Redtone International (RIB MK) Positive Tone Ahead
Leading provider of integrated telecommunication and digital infrastructure services. Redtone has over 15,000 corporate customers, ranging from MNCs, PLCs, GLCs and SMEs. Managed Telecommunications Network Services (MTNS) made up to 54% of FY19 revenue, followed by Telecommunications Services (TS, 45%), and Industry Digital Services (IDS, 1%). TS include broadband and corporate internet, managed services and voice, while MTNS include large scale Wi-Fi and telco engineering services.
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My view : 15,000 corporate customers—- business is affected by Covid-19 Pandemic as the write up is on 10/10/2019 .
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....
calvintaneng
56,703 posts
Posted by calvintaneng > 2020-05-17 21:27 | Report Abuse
Why look at omesti?
We are at REDtone the red hot stock
Redtone being still cheap is buy low
For omesti it chase high hope to sell higher ?
Why so stressful
Buy Redtone so easy
We buy low at 47 sen and sell high at Rm1.00