Like I said, TM tender for fiber optic is open, and opcom just completed the proposal.. You know, mahathir's son is on the BOD, and TM is own by mahathir. Confirm will get the tender. Est rm70m contract
Kedah MB removed ....slowly jib will remove M business...M cant fight him without money n power so i belief 20 cts divident is a hoax....M family owning substantial shares in opcom....my2cts......please dont belief me.....good luck.
after awc , hovid , opcom is third counter that i constantly accumulate if drop below 73 , all three with solid FA got growth in revenues and decent profit margins, Zelan is at the right price to enter and thheavy is best time to invest for at least 0ne year. .. risk all yours ..
I think at this price Opcom is better than Bank FD. Opcom has already locked in 20 cents projected profit. So it sould give a yield of 5 cts for the next 4 years or 6.6% yield a year for the next 4 years.
-Expect stronger 2H with the ongoing roll-out of High-Speed Broadband phase 2 (HSBB2) and Suburban Broadband (SUBB) infrastructure project by TM.
-Strong balance sheet and attrative net cash.
Opcom has Rm 4,301,000 borrowing. It has cash of RM45,574,000. Net cash per share is around Rm0.26 or equivalent to 34.4% of its current share price. (Rm0.755)
Opcom (closed at RM0.755 yesterday) is now trading at a PER of 13.7 times (based on last 4 quarters' EPS of 5.48sen). If the cash in hand is deducted from the share price, the PER would be lowered to 9 times.
Based on good financial performance, healthy financial position & positive technical outlook, Opcom is a good stock for long-term investment.
Prospect is definitely looking much better as the recent Quarterly Results have indicated. Most importantly the recent improvement are likely to be sustainable in view of the two 3 years contract awarded by TM.
How big impact that HSBB2/SUBB will have for Opcom is rather difficult to gauge until further announcement or wait for coming Quarterly report. One thing for sure is Opcom will benefit from the HSBB2/SUBB....
Looking Back At the last couple of years EPS 1. FY2014 & FY 2015 EPS between 2 sen to 3 sen 2. FY2015 First 3 Quarter EPS Approximately 4.3 sen. Expect Q4 Performance to be even better than Q3.
For me Opcom is moving to another grow Cycle for FY 2016 , FY 2017 & Ft 2018....
I will be taking a longer term view , as such Opcom is one of my investment pick.....
it is a closed business, contract job, been doing it for years , been able to deliver good profit, good dividen and pay out, FA looks good , why should opcom not able to deliver same performance with 300M deal?. shareholdings top 30 impressive, today got even cheaper price ..tq love it .
the sell down is done by those who want to remain cash , worried the whole world crashing , this counter got nothing to do with usd, china , or europe melt down , just a local business like awc ,, if got holding power keep collecting .. no worry can sleep..
ya lor manage to collect cheap cheap last two days and today 0.5m , mukhris rice bowl ma.... fibre optic cable , jointer ,, all high speed broad band , very secure bisness,.. sap sap soi kikiki
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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....
891088
595 posts
Posted by 891088 > 2016-01-20 19:02 | Report Abuse
Sell Opcom..bad news from Kedah