Posted by EVO118 > 2023-08-29 10:08 | Report Abuse

Not many optic fibre in Malaysia. Forest City might push this up sooner or later. It is all part of the push to win seats in Johor.

Posted by EVO118 > 2023-08-29 20:49 | Report Abuse

Unusual for Eddie's counter to be putting out such quarterly results.

Posted by Bruce_Wayne > 2023-08-29 21:17 | Report Abuse

Why is it unusual for Opcom to have bad quarterly results?

Opcom bought TJE for RM90M and it's financials are as follows:

TJE FYE 2021 (RM)
Revenue: 1.591M
GP: 0.824M
PAT: 0.453M
Shareholders' funds: (1.752M)

And Opcom is on the way to buy more companies with such financials.

Page 50
https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=221518&name=EA_DS_ATTACHMENTS

Posted by OppenHermes > 2023-08-30 12:34 | Report Abuse

Opcom is really an investing holding company 😆 If get what I meant

Posted by EVO118 > 2023-08-31 11:51 | Report Abuse

Change of name to Hextar Capital Berhad very soon.

Posted by EVO118 > 2023-09-01 08:53 | Report Abuse

Can't see Eddie sitting on 25% instead of 29.1% after the SSP deal. Can imagine he will be buying up big to built up his holdings after being diluted.

Posted by OppenHermes > 2023-09-04 11:53 | Report Abuse

If that's the case, can collect some if it falls below 70 cents

Posted by EVO118 > 2023-09-06 08:59 | Report Abuse

Looks like Eddie is on the move again in another one of his other ventures.

Hextar Industries buys office supplies firm.
https://theedgemalaysia.com/node/681393

Posted by Alexks8888 > 2023-09-12 15:14 | Report Abuse

Around 0.61 is best price collect ticket, getting low and low now...

Posted by Baby Shark > 2023-09-13 13:41 | Report Abuse

Below 0.60 more selamat..

Posted by EVO118 > 2023-09-14 16:59 | Report Abuse

Can't see this going below 0.68

Posted by gohkimhock > 2023-09-17 17:04 | Report Abuse

Ong Choo Meng is holding 31%
Chiau Beng Teik roughly 4~5%.
Ride with them. Can't go wrong..

Posted by EVO118 > 2023-09-17 21:38 | Report Abuse

That 31% is back in July, before the SPP deal.

Posted by xivix86 > 2023-09-20 08:04 | Report Abuse

Small account collecting, will transfer to big account after that

Posted by Code2360 > 2023-09-20 17:57 | Report Abuse

https://www.thestar.com.my/business/business-news/2023/09/20/opcom-expands-into-satellite-telecom-via-18-stake-purchase-in-binacom

Posted by PARKER > 2023-09-20 22:46 | Report Abuse

is opcom going to soar soon?

Posted by XXXvalue > 2023-09-22 09:19 | Report Abuse

hmmm....

Posted by Baby Shark > 2023-09-27 09:36 | Report Abuse

Big boss = Mukris

Posted by xivix86 > 2023-10-01 21:31 | Report Abuse

Now day still Mukris ??? hhahahah

Posted by EVO118 > 2023-10-03 10:34 | Report Abuse

Opcom emerges as largest shareholder in Binasat as MD sells stake.
https://theedgemalaysia.com/node/684587
Some of you guys are 2 years behind in news. Have to keep up to date.

Posted by Good123 > 2023-10-06 15:42 | Report Abuse

skyt anak madey ... opcom, kes mahkamah, kantoi kan? opcom?

Posted by Good123 > 2023-10-06 15:52 | Report Abuse

MADEY sekeluarga mencuri wang rakyat melalui opcom sedang disiasat, dll kan? kes mahkamah kan? :)

Posted by gohkimhock > 2023-10-06 16:13 | Report Abuse

Ong Choo Meng should get a lawyer to sue you Good123.

Posted by BobAxelrod > 2023-10-06 16:16 | Report Abuse

Mr Goh, agree with you 100%......

Posted by nelsonlim > 2023-10-26 09:24 | Report Abuse

Opcom hmmmm bottom also?

Posted by Edmundtrade > 2023-10-26 21:18 | Report Abuse

Opcom engine started...predicted akan naik tak lama lagi. (only for short term) Anyway I belum masuk .. Berharap masih sempat go in b4 it jalan . Cheers everyone! :)

Posted by Alexks8888 > 2023-11-02 08:10 | Report Abuse

Hit almost the bottom price , masuk sikit simpan dulu

Posted by nelsonlim > 2023-11-07 15:44 | Report Abuse

Told u so

Posted by nelsonlim > 2023-11-16 18:48 | Report Abuse

opcom. retrace then standby to up

Posted by nelsonlim > 2023-11-16 18:48 | Report Abuse

695c can? my fav number

Posted by nelsonlim > 2023-11-21 09:46 | Report Abuse

Expected

Posted by Baby Shark > 2023-11-22 15:17 | Report Abuse

Market really bad.. people no money start throw

Posted by Albukhary > 2023-11-28 17:47 | Report Abuse

Wah Eddie Ong is really one of the biggest conman in the world.
What happen to Opcom result after Eddie has acquire it.

Posted by gohkimhock > 2023-11-29 10:16 | Report Abuse

For the current quarter, the Group registered revenue of RM8.4million and loss before tax of RM9.6mil. The revenue was mainly contributed by Telecommunication Network and Manufacturing divisions. Following an evaluation of the business transactions in accordance to MFRS15: Revenue from Contracts with Customers, the Group revised its principal arrangement to an agency arrangement in the current quarter. As a result, an adjustment involving the reversal of RM37.0 million from revenue and cost respectively was made. Included in the loss before tax for the current quarter is the recognition of the impairment loss of its investment in an associated company of RM8.1million, difference arising from receivables discounted to present value of RM2.4million, and amortisation of intangible assets in relation to the acquisition of TJE amounting to RM7.8 million.

Posted by gohkimhock > 2023-11-29 10:20 | Report Abuse

Nothing wrong with its business operations. Only adjustment to accounting entries on revenue and cost of sales. one thumb up we can see is it s expanding business into telecommunications.

Posted by Baby Shark > 2023-11-29 10:45 | Report Abuse

Wahhh.. semakin hari semakin teruk
Hope no bankrap

Posted by SLLEE5732 > 2023-12-01 06:24 | Report Abuse

https://www.channelnewsasia.com/asia/malaysia-5g-anwar-muhyiddin-huawei-3955646

Posted by tony223 > 2023-12-01 17:21 | Report Abuse

@SLLEE5732 this news is good to opcom?

Posted by SLLEE5732 > 2023-12-01 18:49 | Report Abuse

https://www.klsescreener.com/v2/news/view/1242363

Posted by WMY2188 > 2023-12-05 09:29 | Report Abuse

OPCOM change to HEXTAR CAP BHD

Posted by gohkimhock > 2024-01-16 16:29 | Report Abuse

why today suddenly so nice..?

Posted by seehigh > 2024-01-16 21:17 | Report Abuse

strong rebound.

Posted by RunSnake > 2024-01-17 11:24 | Report Abuse

1 day show

Posted by johnny cash > 2024-01-20 16:34 | Report Abuse

🚨 [KNOWLEDGE SHARING]

_This is a personal insight by Jack Ho and is not affiliated with any other entity or organization. Your discretion in keeping this information *private* is appreciated._

*DATO DR. YU KUAN CHON*
In recent weeks, the share prices of HLCAP, IMASPRO, RAPID, and YNHPROP have significantly declined. According to reliable sources, the sell-off of Dr. Yu's stocks was primarily initiated by warehousers _(investors who lend money to company owners in return for monthly interest)_. Representatives from Dr. Yu reportedly failed to meet interest payments, leading warehousers to initiate the sell-off, particularly after Christmas last year.

In these circumstances, other investors who had invested with the warehousers or acted on rumors were also compelled to sell their shares due to margin calls. Brokers involved in providing margins to investors, listed alphabetically as AmBank, CGS-CIMB, Maybank, Mercury, RHB, and UOB.

Separately, it has been heard that Banks offering collateralized loans to Dr. Yu are seeking to increase their collateral size, suggesting concerns about Dr. Yu's ability to service his loans.

*LEFORM*
The sudden drop in share price from 50 sen on Tuesday to 17.5 sen today resulted from a company director selling his stake at 50 sen. This prompted other investors within the same "investors group" to follow suit. This particular counter is heavily cornered, and most investors using margin financing are affected. The selling pressure from the director's share sale, along with subsequent margin calls, contributed significantly to the share price decline.

*ARTRONIQ & SCIB*
Both companies also experienced declines during the same period as LEFORM. According to a reliable source, the sell-off was primarily due to a margin call by a businessman "Dato E," aiming to cover losses on his other collateralized share holdings.

*My Opinion:*
Given the above, I believe that within the next 2-3 market days, certain brokers will consider tightening their margin financing policy, potentially requiring investors to top up their margin or be forced to sell below the margin of safety.

I also anticipate that the negative sentiment will impact the valuation of small and medium-sized companies. My primary concern is Dato E's situation, as my understanding is that he is highly leveraged among the brokers. Any event may trigger a domino effect, potentially leading to a market downturn. While an imminent market crash seems unlikely, I believe the impact of a margin call from Dato E will negatively affect several small and medium-sized companies. In terms of timing, I expect this sentiment to persist until the eve of Chinese New Year.


DATO EDDIE IN DANGER POSITION,,, ANYTIME LIMIT DOWN... JUST ANYTIME... GOOD BYE EDDIE

Posted by johnny cash > 2024-01-20 16:36 | Report Abuse

ANWAR IS ANTI OPCOM OR HEXCAP

Posted by johnny cash > 2024-01-20 16:37 | Report Abuse

Got any groups on opcom or hexcap????? Whatsapp or telegram groups??? Anybody here please

Posted by xivix86 > 2024-01-21 10:39 | Report Abuse

Many people left since this stock price down turn and at least price 2 year low.
wonder what next

Posted by Baby Shark > 2024-01-24 16:17 | Report Abuse

0.35 possible

Posted by Baby Shark > 2024-01-24 16:31 | Report Abuse

Then average 0.28

Posted by ysyap84 > 2024-01-24 17:56 | Report Abuse

Would agree with the opinion given by Johnny Cash as Dato E is on high leverage position because he keeps acquire assets (the listed companies). But the concerned is does he has enough cash flow to continue finance the acquisition costs? Moreover to service the existing loans may be in question. Only time can tell us later. According to his interview with the reporters. the target is to acquire 7-8 listed companies every year. Any mismatch of cash flow will eventually bring to disaster.