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.
March 31 2017 end year will be good profit and dividend pay
Prestar sells highway guardrails. And with new highways needing guardrails Prestar will do very well.
So PreStar or buy it before it turns into a Star. Now Prestar has crossed Rm1.00 and in overbought zone.
So if you have any prestar just sell and switch to Opcom NOW!
OPCOM will get lots of business from
1. ECommerce booster. To sell goods they need the enabler of last mile fiber optic cables to reach the uttermost interior of West Malaysia right up to the tip near Thailand to the Southern most tip of Johor CIQ Kastam. To all the interior villages and kampungs of West & East Malaysian states of Sabah and Sarawak. ECommerce will take over conventional way of shopping all over Malaysia and the entire world.
2. The Mammoth RAPID Project worth over Rm100 Billions will need OPCOM's fiber optic as it is a NON CONDUCTOR OF ELECTRICITY.
3. THE PURPORTED SET UP OF RM6 BILLION CALL CENTER BY MICROSOFT IN SEDENAK JOHOR WILL ALSO BOOST DEMAND FOR OPTIC FIBER CABLES.
Buy and hold tight tight All OPCOM Shares and wait until Announcement of
THE EXPECTED CASH PAYOUT!!
When HtPadu was at 55 Sen I called for a buy because it has secured Rm580 mil project for 2 years. At long last HtPadu declared a 5 Sen Dividend & price up more than 50% to over 83 sen.
So expect OPCOM to do even better than HtPadu as Opcom has Net Cash of over 20 Sen & almost debt free. Plus profits from Rm300 millions Job Awards will enable Opcom to declare a better dividend (special dividend) than HtPadu.
See whether OPCOM can cross recent price high of near Rm1.30
Rm1.30?
YESSS!!!
VERY VERY POSSIBLE NOW!
1) ECommerce needs HSBB everywhere!
2) Pengerang's Rm100 Billions RAPID projects need Fiber Optic cables (non conductor of electricity) unlike copper wires
3) NOW JackMa's Alibaba Setting up NEW DATA CENTER will further boost demand for Opcom's Fiber Optic Cables!
Posted by Lk036 > May 13, 2017 12:37 PM | Report Abuse
Calvin, opcom is mahathir son business . No effect fr najib admintration?
Calvin already studied Telekom's mode of leadership & the immense difficulty of China people doing HSBB last mile fiber optic installations in the kampungs and everywhere as they don't speak Malay.
And other Malaysia Companies already chicken out due to Dr. M being in power last time. So too late to set up rival Fiber Optic Company in Malaysia as barrier to entry is not worth the risk as OPCOM already has a monopoly.
Posted by CanCan168 > May 13, 2017 12:59 PM | Report Abuse
Calvin...need a little guidance...read Opcom QR..red arrows down...still buy buy.
Calvin thinks last quarter result is good for these figures:
1) PPE has increased from 38 mil to 41 mil = Jumped 3 mil 2) Investment in associates from 13 mil to 16 mil = Rm3 mil more 3) Inventories up 3 mil 4) Receivables (hutang from TM) up another 4 millions
So 3 + 3 + 3 + 4 = Rm13 millions increase of Net Worth for OPCOM
So if any careless accountant or stock broker just read on the surface without digging out the details will only see Rm1.2 mil profit or 0.8 sen only. They they will give OPCOM a pass and miss this Gold mine.
Now learn to see NET NET or TOTAL NET WORTH.
From NTA you can SEE that it has gone up from 50 sen to 54 sen
And bottom line also reveal these figures
TOTAL EQUITY AND LIABILITIES: Rm132,728,000 (current) Rm121,317,000 (last time)
So total NET Worth has increased by Rm11.411 Millions (not the miserable Rm1.2 millions as reported)
I see the earnings should be 7.6 Sen & not 0.8 Sen
So think NET NET (not net cash profit only)
Ha! For those who still don't get it let me simplify it ok?
If you earn Rm11,400 a month salary and
buy Rm3,000 value in gold invest in shares for another Rm3,000 then you pay down your monthly installment in a shop house Rm4,200
How much cash left?
Rm1,200 only
So is your income only Rm1,200 only?
Of course not!
Your total income or net worth consists of
1) Gold 2) Shares you bought 3) Shophouse 4) Cash
So OPCOM total Net Worth has grown by
1) Increase in PPE (Property Plant & Equipment) 2) Receivables (money owed by Telekom) Question is. IsTelekom dependable to pay up? 3) Investment in associates & Inventories 4) CASH (Cash is least needed as OPCOM has over Rm37 millions Cash already)
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....
newbie66
50 posts
Posted by newbie66 > 2017-03-18 11:38 | Report Abuse
Not Mukhriz ctr? If Mukhriz now still in UMNO then different story.
Posted by watchinwaitin > Mar 17, 2017 03:55 PM | Report Abuse
sleepin ?