If think like this how to progress stock market in Malaysia and how to improve the economy as a whole. Nowadays share with average result also drop like share with -qr
It is time to revisit the gem of bursa "SCICOM". Scicom is now at the fastest growing pace and business whereby inflation is one of main factor and bpo (Business process outsourcing) has helped many cooperations overcome of high rental, manpower and utilities expenses and skilled personnel. Looking at the largely improve earning of Scicom there will be high possibility of 1:1 bonus issue and further increases in better dividends yield in future with it current retain profit surged up to RM90m. Technically chart show Scicom at strong support level, many share buy back activities on going, and would expect the surge of stock price next. Target at 2.50 -3.00 b4 the next bonus issue! Dont miss it.
Guys, i hold scicom for 2 years and I sold Scicom in last month. Reason is i feel uneasy and uncertain with this AI that might affect scicom. Hope someone can enlighten me on this. In the begining of this year, i ever said Scicom should not be affected by AI as it seem like a short term hype, but seeing too many big company focusing on AI through this year, that bothers me. But i really love this dividend stock. For now, i choose to shift to other stock that pay similar dividend with more certainty and stable. I will come back if Scicom able to grow or at least maintain the profit in coming few quarter. Appreciate if anyone could share his/her 2cents here.
As far as what I know. When technology progresses, Scicom has always been at the forefront of supporting and adopting innovative solutions. AI is also one of the many tech innovations that SCICOM may use moving forward. I think for SCICOM AI technology is an enabler and through their deep domain expertise in various industry verticals is the precursor for the effective use of AI tools for their customers.
Kenanga Scicom: An Undervalued BPO Play Fair value: RM1.70 (+58% upside) Last Price: RM1.13 Div yield: 7.9%
________________________________________ Scicom generates c.70% of its revenue from its business process outsourcing (BPO) segment which is expected to grow with the intrinsic shift of higher outsourcing demand from businesses looking to improve efficiency and scalability. The group is also poised to benefit from the impending recovery of China students flowing into Malaysia via its Education Malaysia Global Services (EMGS) platform. With a current forward PER of 10x, the share price offers an excellent opportunity to capitalise on Scicom’s expanding established operations while receiving annual 7.9% dividend yield, pending potential catalysts from artificial intelligence (AI) adoption and its proprietary medical tech (MedTech) which is not yet priced in. Furthermore, a potential FV of RM1.70 represents an upside of 58%.
It is now a good opportunity to buy in Scicom this counter at the current 1.10-1.15 and keep it for its high dividends and capital gain that having peace of mind. Currently Scicom is at great support looking at chart and is waiting for another round of spike to revisit previous high at rm1.30, once the price can breakthrough 1.30 and stay above the resistant next target will be heading to rm2.00. Many star project secured recently such as Starhub Singapore and Zanzibar E-Government project would definitely bring Scicom to achieve greater heights! My Ultimate Target for this gem Scicom is RM3.00. Good luck!
Hrm.. Recent QR release, what do you guys think? The profit is same as last quarter, but if you look into the report, actually there is forex gain of 1.2m, so actual profit is 6m compare to last quarter 7.3m. so it doesnt look good actually, but good thing is the dividend still maintain 2sen.
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....
Batman888
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Posted by Batman888 > 2023-06-02 17:38 | Report Abuse
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