Systech market cap is bigger and share price is more expensive compared to smetric, whereas their revenue is halved of smetric. 0.20 should be smetric fair value now.
When growth shows in qr result, smetric will move!
Buy and hold long term wont go wrong. 0.20/share fair value is easily achievable. Confident that once q1 announce growth and with digital banking license announced, we could see 1.00 at least by q3 2022.
When news come out it's already too late. We should just buy now and hold.
Look at Genetec. Frankly it was a big miss for me. I was looking at it when it was 2.00. EV is the future and they set up a factory in Shanghai near Tesla. I didn't buy because I have no faith that they would supply to Tesla. At 8.00, CIMB analysts promoted in their reports talking about Genetec supplying to Tesla. When the news really came out on Tesla's award, it was already 40.
I'm not gonna miss this now. Cybersecurity is the next big thing with businesses going digital especially we have digital currencies. Whether these coins would be legalised is another separate issue, but definitely cybersecurity is in high demand. Securemetric is one of the few global players apart from Microsoft and Google in this PKI system, which caters for financial transactions.
1. Yes management gave high guidance earlier on without anticipation of lockdown. Corporates cut expenses and not many take the chance to digitalise business. But with sentiment recovering and borders open, businesses will start to expand and in view of labour shortage, some conventional businesses might start to go digital. A plus point for the cybersecurity segment.
2. Competition is there but the industry is niche especially in ASEAN region. Therefore, high chances the market penetration will come for securemetric, if they execute it well this round.
3. Digital banking license is a boon to cyber security.
4. Securemetric has done quite a good investment into PrivyID and Innov8tif. Innov8tif is quite popular in the market and their names pop up in many of the bids. Whereas PrivyID is famous in Indonesia valued at USD30mil. If PrivyID go listed like Docusign and valued as big as the other recent IPOs, then there’s a chance Securemetric will capture additional gains in their books. Indonesia private equity and IPO market has been very buoyant in the past 2 years.
As such, even the management cannot execute well in the upcoming results, their investments should contribute at least some positive numbers to the group. And hence, downside should be pretty much limited, but the upside??
EPF won't liquidate many assets. RM40bil is merely 4% of their RM1trillion AUM. With the AUM reduced by 4%, they gonna be more aggressive to deploy the money for returns. China lockdown would very much beneficial to us as most of the foreigners will flow their funds in ASEAN countries, a boon for our local market especially we are export driven.
why investors not interested with this stock? this stock need to be relisted in america. bursa stocks only benefit controlling shareholders. small retailers make no money in bursa.
moneytr33, smetric has quite low nosh and top 30 already holding almost 65% :) I would suggest you go through the top 30 list. At least go through the top 20 names :)
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....
10xGoreng
55 posts
Posted by 10xGoreng > 2022-04-08 17:23 | Report Abuse
Yes. Tp 2.00/share.
Systech market cap is bigger and share price is more expensive compared to smetric, whereas their revenue is halved of smetric. 0.20 should be smetric fair value now.
When growth shows in qr result, smetric will move!