OPCOM secured RM200 Million Projects. Translated it will be a profit of 20 cents.
And since material cost like plastic, silicon & electricity have all fallen substantially OPCOM stand to gain another 10 cents. So a total 30 cents profit expected.
At 71 cents Opcom has an upside of 30 cents when Profit is given as Capital Repayment
JMM to Tun M, Mokhzani: "Respond or we'll expose more facts"
KUALA LUMPUR: More 'worrying' facts on how Tun Dr Mahathir Mohamad and his son Tan Sri Mokhzani had accumulated enormous wealth will be revealed if the duo fail to respond to allegations raised by non-governmental organisation Jaringan Melayu Malaysia (JMM). JMM president Azwanddin Hamzah said he was still waiting for the two to react following a press conference which alleged that Mokhzani had become rich when Mahathir was the prime minister for two decades. “We are still waiting for their response at the moment. JMM will continue to work on getting more facts on how they had amassed such wealth. “If they don't respond, we will bare more facts and how they made it,” Azwanddin said. It was reported that Azwanddin, in a press conference several days ago, had called on Dr Mahathir or Mokhzani to come clean on the source of wealth which has been amassed over a short time. Azwanddin said this after JMM allegedly received information on a fleet of 18 luxury vehicles that supposedly owned by Mokhzani, said to be worth RM36.2 million. Azwanddin had said that Dr Mahathir must explain if Mokhzani's accumulation of wealth began while his father was the premier back then. Mokhzani, said Azwanddin, must also clarify on the collection of cars, and added that he would raise the matter with the Malaysian Anti-Corruption Commission if there was inaction from the two. A report with the MACC would pave way for the matter to be investigated if there are any elements of misappropriation of funds or abuse of power when Dr Mahathir was prime minister. Azwanddin said he was confident with what he had raised as he has clear evidence. Mokhzani and Tun Mahathir are welcomed to initiate legal action if it was untrue, he added. Mokhzani, in an immediate response to the report, was quoted in an online portal as saying that 'he had given enough interviews on companies he had shares in or work in'. “Various magazines have published what these companies are worth, which then extends to what the shareholders are worth. Nothing more to add. All info in public domain," Mokhzani was quoted as saying.
OPCOM depends a lot on job award from Telekom. And Telekom is very transparent in dealing. Once I bought a Mazda Wagon by tender from Telekom. I got it through honest above board tender process. The Mazda has a no. xxx4444. That's why the Malay Staff was interested. But he lost in the tender as TM practices meritocracy. The TM staff has to buy it back from me. So I sold him for a very small profit.
So inspite of Dr. M ranting against PM Najib TM still award projects to OPCOM in their best interest.
And Mukriz is also very above board and transparent in his dealing. A trustworthy guy so far. So Just Buy When Opcom is Cheap.
As Opcom usually give Capital Repayment & Dividends frequently you can expect the same going forward.
Regards,
Calvin Tan
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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....
turbochart
534 posts
Posted by turbochart > 2015-06-03 06:38 | Report Abuse
Vrommmmm. .!!!!