@Harry, If this situation worsens as you stated.....many companies will also close shop, not only Scicom, assuming we go to WW3. If I remember correctly (Vivien can attest to this), most of Scicom's clients are MNC (Lenovo and others), Ministry of Education Malaysia (EMGS) as well as some Regional Telco players. As such chances of that happening is probably less than some other companies with the substantially less robust balance sheet (Scicom has net cash of RM30m+ with zero debt). Share price movement largely depends on greed and fear..it is what it is! So, unless you have a substantial stake to sell to get it to RM0.90 or whatever lower price you think it is worth, the market will determine the share price as it sees fit. My 2 cents.
I prepared for 1.0 today but it did not happen..now there are so many TPs provided by @Harry...0.9 and now the lowest 0.6 (still without justifications)....maybe should wait for another lower TP from Aaron_Tan?
@Harry, again this just goes to show how little you know about Scicom's business. Pre-covid, s significant part of their biz is from foreign student visa applications and related services (which is a higher margin biz than the traditional BPO biz). With border reopening and foreign students returning, they are poise to recapture that lost revenue over the last two years during MCO. From that read-through, I will think that they will stand to benefit from the reopening of the border (this is also on top of the fact that the earlier lawsuit issue has been resolved). Although I do not know how fast those can return, they should at least be incrementally better than the last two years. I am not here to defend share price but just calling it out on your inaccuracy...have a good day!
Last week some one says he TSH at 1.79 and say tomorrow will fly 30 cents today how ....and I just want tell u plantations already earn now must washhand lioa...
Scicom secured largest VAPE in Europe. They start recruiting & published in job advertisement. They immediately need 100 headcounts right now. Thanks to world wide bad sentiment so have chance for me to collect heavily at 1.15
verb inhale and exhale vapour containing nicotine and flavouring produced by a device designed for this purpose. "I'd rather people vaped indoors than smoked outside" noun a device used for inhaling vapour containing nicotine and flavouring.
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....
moneySIFU
5,862 posts
Posted by moneySIFU > 2022-03-03 13:52 | Report Abuse
My sincere advice to you, Aaron Tan, pls find something useful to do, rather than wasting time talk here only.