Will crash below 70 cts again. Only a matter of time. Better run now and don't get caught later like those in ifca, sudatrap and vsolar. Then cry father cry mother also no use.
B4 the stock crashed , I might feared the market crashed first lah . If not comcorp won't dropped to that level below 70 cts ........bro ! The current risks factors is not about the single stock performance but the world markets indices which are experiencing all time high .
Might be better to switch to Astino. The result is good. You have better chance of upside. Balance sheet is much stronger than last year with a huge reduction in short term loan and inventory. The PE of 7.3 is too low in comparison to the like of Mycron which has a PE of just over 10 and Melewar with a PE of 8.5.
KUALA LUMPUR: Blue chips ended the third quarter on a downbeat note on Friday as the FBM KLCI fell more than 17 points as market sentiment in Europe and Asia was buffetted by worries about Germany's Deutsche Bank and a confluence of negative news.
[ A SKIM OVER THIS STATEMENTS , WILL HELP U TO GLIDE THROUGH ON COMCORP'S STRATEGIES THAT ABOUT TO BEAR FRUITS BY COMING THIS 2017 ]
2014 Qtr.R. -Prospect for the financial year ending 31 January 2015
Expanding our Communication & System Integration core business to Indonesia where our products and services are of greater demand .
2015 A.R. - financial overview P.22
Our business expansion efforts initiated a couple of years ago has started to bear fruits. We are to commission our first Biomass Gasification green energy plant in Kuang, Rawang. We are very excited of this new technology in green power generation, first of its kind in the Asia Pacific. We are optimistically confident that our green power generation will contribute positively towards the earnings and profitability of the Group in the future.
Cont'd P.23
As part of the continuous diversification efforts by the Group,Our advanced gasification energy generation system is carbon negative where we are not only converting waste to energy with no carbon emission but our advanced gasification system generates bio char that is pivotal for soil enhancement in the plantation sector. In another words, our system is carbon negative. We are delighted with the announcement recently by the Economic Planning Unit that the Government is prepared to set aside RM15 billion under the 11th Malaysia Plan over the next 5 years to nudge Malaysia towards a green-based economy which include renewable energy. Pursuing green growth for sustainability and resilience is one of the six strategic thrusts in the 11th Malaysia Plan to transform Malaysia into a developed nation. We are poised to tap into this opportunity and going forward we are optimistically confident that the green sector will contribute positively towards the future growth of the CSI segment.
2016 A.R. - own Designed products P.32
With the investment and concerted efforts in R&D, we have developed innovative LED lighting products with built-in intelligence. We have also registered a LED lighting product with patent pending status. These LED lighting products are ready for market now. We have also designed the smart meter with communication intelligence and are currently going through the process of certification. All these products will be manufactured and marketed by us. This is part of the initiatives to grow the revenue and earnings of the Company and at the same time diversify into Original Design Manufacturer (ODM) and increase the product portfolio.
Cont'd P.23
Going green and promote innovation in green technology is the core value close to our hearts; we believe our valued stakeholders share this same vision of ours.
2016 Qtr.R.#2 -Prospect for the financial year ending 31 January 2017
We have been shorlisted for some of the advanced gasification system projects overseas. We expect the customers to announce the award by end of this year or the beginning of next year. If awarded the contracts, our green energy sector is expected to contribute positively towards the growth and profitability of the Group in the subsequent financial years .
ME:
Perhaps OPEC's CUT will furthur lifting Crude Oil to a range of USD $55-63, post completed formal meeting this November. ( By then, Comcorp's O&g clientele box build orders will start to flow in again ).
Quote: - “Posted by VenFx > Jul 8, 2016 12:00 PM | Report Abuse @ Wonder88 & hwoon , I find Comcorp has no disclosure yet from their progress in Smart Meter & Innovative Led division. Which believed, to be the second trust of profit contributor after its high margin EMS in automotive .”
Hi VenFx, I sincerely hope the following pointers can help to shed some lights on the progress of the Smart Meter project: -
(1) Oblivious to most of us, Comcorp has been working discreetly with TNB in producing the Smart Meter / Smart Power Grid Solution since 2012. This can be substantiated by an article which appeared in The Sun Daily on 21 Jun 2016 whereby the Energy, Green Technology, and Water Minister, Datuk Seri Maximus Ongkili confirmed that 1,000 of the "smart meters" have already been installed in Putrajaya and Malacca as a pilot project by TNB and will eventually be installed nationwide. Ref: http://m.thesundaily.my/node/375599.
(2) To reinforce the above pointer, their Executive Director, Mr Loh Hock Chiang has mentioned in the recent AGM held on 23 Jun 2016 that TNB will be rolling out the Smart Meter project this year to be spread over 5 years. Malacca alone will require some 300,000 over Smart Meters. In addition, for the country as a whole, it will be in excess of 8.5mil Smart Meters over the next 5 years. So in terms of the impact on the bottom line, if Comcorp were to be chosen, it will most likely come in end of the year or next year.
(3) A simple illustration - Assuming the cost is at RM150 per Smart Meter, Total Cost (spread over 5yrs) = (8.5mil Smart Meters x RM150) = RM1.275B! Or RM255M per yr! And assuming a conservative profit margin of 5% of RM255M, it should profit about RM12.75M per yr; [NOTE – This is just my own assumptions].
With no competitor at sight (except for the hideously crafty operator), expect the price to explode due to its dynamic earnings potential. Definitely a STRONG BUY!
aiyo, this kaunter on hold for few mths, then comeback!!!!! meanwhile see mbsb n johan!!!!! believe the great bomoh; all wise men believe him!!!!! r u a wise man? if not become one!!!!! kikikikikikiki!!!
Lifeless market buy what also died liao . All stranded only a few counters up a bit out of the overall counters . Very boring lah like this . .....no more power liao ! Buy cheap also cannot up . Kanchiong buy high a bit waiting to be slaughter . .......kikiki !
michaelwong Lifeless market buy what also died liao . All stranded only a few counters up a bit out of the overall counters . Very boring lah like this . .....no more power liao ! Buy cheap also cannot up . Kanchiong buy high a bit waiting to be slaughter . .......kikiki ! 05/10/2016 10:51
You are correct Michael
The general trend will be tepid and dull. Look for stocks with Catalyst
Stocks related to infrar awards due to Coming GE will come alive later. Avoid all others
Can the budget announments have any impact that can triggered the market to perform better ? Some are said to be nibbling for some potential stocks with high earnings to boosts up their portfolio !
Posted by michaelwong > Oct 5, 2016 11:27 AM | Report Abuse
Can the budget announments have any impact that can triggered the market to perform better ? Some are said to be nibbling for some potential stocks with high earnings to boosts up their portfolio !
Budget is an allocation of money. See where money flows to.
Just like a parched desert land. When water flows that place will be prosperous. If no water how to thrive.
So SEE when Budget allocates precious vital cash. Just wait. But for Calvin I already turned bullish on BPuri or Bullish Puri
Ven Felix, you got old news. Biomass plant at Rawang is not producing energy, looks like another white elephant from Comcorp. Smart Meter from Comcorp??? NOT!!!
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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....
calvintaneng
56,552 posts
Posted by calvintaneng > 2016-09-28 16:02 | Report Abuse
Good entry at 77.5 cts?
Last time they also said good entry for ifca at Rm1.50.
Nancytang the champion in ifca bought ifca at rm1.50 for 300,000 shares.
So good entry is a very dangerous word if you don't know anything about value.
Later or next time don't be surprised if someone shout good entry for Comcorp at 60 cents? or 50 cts? or 40 cts?
Better go and find out the true instrinsic value of kumkoi first!!!