Bursa Announcements Dealings in Listed Securities (Chapter 14 of Listing Requirements) : Dealings During Closed Period Friday, 25 November 2016 09:45 OPCOM HOLDINGS BERHAD
Type Announcement Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) DEALINGS DURING CLOSED PERIOD Description Dealings During Closed Period This is to notify that the Company has received notification from the following director of the Company of his dealing in the securities of the Company during closed period. This notice is made in accordance to Rule 14.08 of Bursa Malaysia Securities Berhad ACE Market Listing Requirements. The details of the dealings are as follows:-
Name of Director Transaction Date of Transaction No. of Shares Transacted Price per Share (RM) % of Issued Shares Chhoa Kwang Hua Acquired 24 November 2016
Bursa Announcements Changes in Director's Interest Pursuant to Section 135- Chhoa Kwang Hua Friday, 25 November 2016 09:46 OPCOM HOLDINGS BERHAD
Information Compiled By KLSE
Particulars of Director
Name MR CHHOA KWANG HUA Descriptions(Class & nominal value) ORDINARY SHARES OF RM0.20 EACH Details of changes
Currency: Malaysian Ringgit (MYR)
Type of transaction Date of change No of securities Price Transacted ($$) Acquired 24/11/2016 20,000 0.575
Circumstances by reason of which change has occurred ACQUISITION OF SHARES Nature of interest DIRECT INTEREST Consideration (if any) Total no of securities after change
Direct (units) 313,700 Direct (%) 0.195 Indirect/deemed interest (units) Indirect/deemed interest (%) Date of notice 25/11/2016
Announcement Info Company Name OPCOM HOLDINGS BERHAD Stock Name OPCOM Date Announced 25 Nov 2016 Category Changes in Director's Interest Pursuant to Section 135 Reference Number CS4-17112016-00015
I think a fair privatisation price would range between 80 cts to Rm1.20
Cash over Nta over 50 cts. Profit from current operation expected to be 20 cts. So 80 to Rm1.20 cts for its barrier to entry and increasingly bright prospects in fiber optic manufactures.
OTHERS Letter of Award for the Agreement for the Supply and Delivery of Plastic Based Materials; PVC Duct, HDPE Corrugated Subduct and Accessories for Telekom Malaysia Berhad
OPCOM HOLDINGS BERHAD
Type Announcement Subject OTHERS Description Letter of Award for the Agreement for the Supply and Delivery of Plastic Based Materials; PVC Duct, HDPE Corrugated Subduct and Accessories for Telekom Malaysia Berhad The Board of Directors of Opcom Holdings Berhad ("Opcom") wishes to announce that its subsidiary, Opcom Cables Sdn Bhd has received and accepted a RM28.03 million Letter of Award from Telekom Malaysia Berhad ("Telekom") on 15 December 2016 for the provision of Supply and Delivery of Plastic Based Materials; PVC Duct, HDPE Corrugated Subduct and Accessories for TM for a period of three (3) years commencing from 6 December 2016 to 5 December 2019 ("Award").
Financial Effects
The Award is expected to contribute positively towards Opcom Group's earnings and net assets for the period of the Award.
Risks
The risk factors which may affect the Award include but not limited to ordinary business risks, competition risks, operations risks, economic risks and regulatory risks.
Directors' and Substantial Shareholders' Interest
None of the directors and substantial shareholders of Opcom and/or its subsidiaries or any persons connected to them has any interest, direct or indirect, in the Award.
This latest Rm28 million job award has propelled total job worth over Rm300 million. This should translate to a nice 30 cts future cash pay out or Special Dividend.
1) Telekom latest Rm28 million job orders for Opcom shows there is no political meddling. Opcom is the most competitive producer for fiber optic products.
2) 30 cts profit is now guaranteed.
3) A Special Dividend is now assured.
Missed Opcom at bottom prices?
Never mind.
Still got laggard Drbhicom. With minimum 13 cents profit for Feb. 2017 result assured the base price of Rm1.30(at P/E 10) for Drb anything below Rm1.30 for Drb just accumulate.
sarawak n sabah need further telecom tower investment which require fiber optic as per najib pledge. bode well for opcom. wonder will it discrimate mahathir company.
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....
nkk53
1,426 posts
Posted by nkk53 > 2016-11-15 17:31 | Report Abuse
Penny stock will rise again v soon after the Usa political dusts had settled