The profit is concealed in investment, ppe and more inventories. All 3 increased by about Rm10 millions. And reflected not in profit & loss account but you can see it in NTA. So NTA increased from 50 cts to 54 cts. Think of wealth this way. Water can be stored in a container. Then the camel drinks water. And this camel stores water in its 2 humps. By so doing the camel does not need to drink water for days or even weeks. So is money. Money can be in Cash. Or money can be stored as bond, shares or properties. Bonds and shares can easily be converted back to cash while property is illiquid and harder to converter. But all these are actually one = total wealth.
So OPCOM as a whole is doing fine.
Just wait for a nice pay out first before Mr Market goes GaGa
Q3 report The decrease of revenue in current quarter were mainly due to temporary slowndown in shipment of goods to customers and supply of industrial materials.
Q3 report Prospects During the financial year, OPCOM has expanded its business operations to include the manufacture of thixotropic gels and HDPE sub-ducts which have started to contribute to the profitability of the Group. In December 2016, a subsidiary was awarded a supply mandate worth RM28.0 million for plastic-based materials including HDPE sub-ducts.
Asia-Pacific and Europe are the key markets for Fiber Optics”
Asia-Pacific, North America, and Europe dominated the fiber optics market in 2013 and accounted for over 90% of the market size in terms of value. The Asia-Pacific fiber optic market is currently at a growing stage. Government directives intended to increase and encourage national broadband applications which are among the main drivers of the market. Country-wise, China is the top most consumer of fiber optics product, globally and is also the largest market for fiber optics products growing at a CAGR higher than the global average till 2019. The U.S is the largest fiber optics consumer in the world. Asia-Pacific is expected to witness the fastest growth rate by 2019. The market in Asia-Pacific region is experiencing increasing growth because of fiber optics demand arising from the use of 3G and 4G and growth in the information technology &telecommunication industry.
“Telecom & Broadband is the topmost application segment followed by oil & gas in the fiber optics market”.
Telecom & broadband take topmost positions in the fiber optics market with around 55.3% share by value in 2013. The fastest growth rate in the fiber optics market is expected to be from applications, such as telecom & broadband, oil & gas, private data networks, and utilities by 2019.
moneykj How your Binapui that you recommend 6 months ago? Why keep keep quiet n run away? Many newbies are waiting your answer? 09/03/2017 08:10 X moneykj How your Perisai? How your Mulpha? 09/03/2017 08:12 X moneykj Last time you also say Perisai undervalue. What's the price now? 09/03/2017 08:16
VenFx Dear Calvin why till now Comcorp still presence soundly instead of being accused Comcorp should go bankruptcy, are u too egoistic or your boastingful that blow for your incompetent account knowledge or juz a simply irresponsibly behavioural from u as usual in i3 ?
Pls clarify of the totally unmatched accuses ...
Hibiscus ,,, dnex... comcorp non of them go varnished but these counter has outshine mist of your hard sell counter eg. Opcom , perisai, bpuri ... can u shiw us your corrective points ? 09/03/2017 08:24
traderman Please dont trust this 213 ranking calvintaneng 09/03/2017 11:10
Conan clearly he(calvin) is making all of us pay for his profit.. encourage ppl to buy once price is up sell and run away.... 09/03/2017 12:39
Calvin is happy for all here. Both Opcom and HtPadu are insulated stocks from crisis. As oil stocks and speculative stocks get hammered by crude oil weakness this Opcom will move against the herd.
HtPadu already up 35%. Opcom should do even better than HtPadu. While HtPadu has considerable borrowings Opcom is almost debt free.
So Opcom's earnings need not be used to pay debts. No need pay debts then pay what?
OPCOM Holdings Bhd appears to have little financial risk as the company holds a substantial amount of cash on its books. In fact, 0.41% of the market capitalization can be attributed to its 40.16m and debt could be paid in full if management chose.
Fiscal data as of Mar 31 2016 2016 2015 2014 ASSETS Cash And Short Term Investments 40 49 49 Total Receivables, Net 22 25 21 Total Inventory 7.94 9.10 15 Prepaid expenses -- -- 0.64 Other current assets, total -- 0 0.03 Total current assets 70 84 84 Property, plant & equipment, net 38 36 38 Goodwill, net -- -- -- Intangibles, net -- -- -- Long term investments 13 15 -- Note receivable - long term -- -- -- Other long term assets -- -- -- Total assets 121 135 123 LIABILITIES Accounts payable 4.94 -- 11 Accrued expenses -- -- 0.78 Notes payable/short-term debt 0 0 0 Current portion long-term debt/capital leases 3.29 6.67 -- Other current liabilities, total 12 16 20 Total current liabilities 25 41 32 Total long term debt 0 0 0 Total debt 3.29 6.67 0 Deferred income tax 1.52 1.95 3.04 Minority interest 13 15 15 Other liabilities, total -- -- -- Total liabilities 39 58 50 SHAREHOLDERS EQUITY Common stock 32 32 26 Additional paid-in capital -- 0 5.81 Retained earnings (accumulated deficit) 50 43 41 Treasury stock - common -- -- -- Unrealized gain (loss) -- -- -- Other equity, total -- 1.83 -- Total equity 82 77 73 Total liabilities & shareholders' equity 121 135 123 Total common shares outstanding 161 161 161 Treasury shares - common primary issue 0 0 0
Mar 31 2016 - OPCOM Holdings Bhd appears to have little financial risk as the company holds a substantial amount of cash on its books. In fact, 0.41% of the market capitalization can be attributed to its 40.16m and debt could be paid in full if management chose.
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....
watchinwaitin
124 posts
Posted by watchinwaitin > 2017-02-24 16:12 | Report Abuse
Unigel Compounds Sdn. Bhd. (Formerly known as OPCOM Niaga Sdn Bhd.), which involves manufacturing and sales of cable filling and flooding compounds