SCICOM (0099): Trailing 4Q Financial Results

missed the 1.05... 🙄

2024-05-08 22:22

awp380

LittleKnife. this counter not for goreng. is for div investing. 1.05 and now 1.09 is on few cents. which you can earn it back down the road.

2024-05-10 07:41

KLCI already above 1600 points. This Scicom share price still not moving. How come? Bad result on the way ?

2024-05-17 15:08

EngineeringProfit

i'm back!

2024-05-20 16:00

awp...hoping to get it low

2024-05-20 22:26

amilytay

Bonus issuance 1:1 in August

2024-05-21 07:42

EngineeringProfit

Nice

2024-05-21 07:47

information from amilytay usually not correct one.. dunno where you get the news...

2024-05-23 14:44

flyhub888

I am back by popular demand !!!

2024-05-23 20:53

Told u guys earlier we will visit 0.8 in no time. Good luck

2024-05-30 20:22

Pinky

Dividend drop. Bye bye

2024-05-30 21:07

4ever5

I used to hold scicom in 2022 and 2023 until the CHATGPT released. it has shaken the long term investor to think, whether this Ai will affect Scicom business or its a boaster to Scicom business.
In this bull market 2024, all boring dividend stock has move up slightly, at least beat KLCI that up 10%.
This is not hater comment, i do like scicom as a dividend stock, but the future prospect is still unclear.

2024-05-30 23:07

4ever5

And the reason why i bother to drop this comment is because i like scicom, if it drops under a price where i feel undervalue, i will collect maybe.

2024-05-30 23:08

Pinky

I used to like SCICOM too. But look at their website and financial reports...their investor relations/communications is like... 😅😂😓🤦

2024-05-30 23:50

To bad with those hard selling people failed to realize the potential risk of a stock paying out dividend every QR ratio equal to the PAT. Let's see how deep it will dive tomorrow, best of luck

2024-05-31 00:14

Below RM1.00 already.
Affin Hwang down grade to Hold. (Hold = sell)

2024-06-05 16:54

EngineeringProfit

Can recollect

2024-06-06 16:18

msclee

Wait until 80sen

2024-06-07 00:40

sasword

Post removed.Why?

2024-06-07 17:54

hw0706

AI going to replace the bpo

2024-06-10 21:32

No growth for this stock after so many years , dont buy !

2024-06-19 22:20

Wasting time in this stock!

2024-06-20 07:30

Better shift to powerful stocks like vstecs , ranhill !
Dnex , swift haulage , iwcity also not bad !

2024-06-20 07:33

songjoseph

strange , really strange . since you are not interested or buying this counter but still busy here .

No growth for this stock after so many years , dont buy !

Wasting time in this stock! ( especially this remark )

like...

2024-06-20 13:13

madmusrz

tomorrow friday drop more

2024-06-20 20:15

No growth , it will drop until dividen pay out lesser n lesser !

2024-06-20 20:35

@gankm, wud you be able to share Affin's latest report on SCICOM? thanks in advance :)

2024-06-22 13:31

so many fortune tellers here lol

2024-06-23 08:47

Posted by HengyuanZai > 2023-03-14 17:07 | Report Abuse

unhealthy cash flow, small customer base only, fair value only at 0.8

2024-06-27 00:08

Not sure how investors say scicom cash flow is healthy. Earn 7m payout 7m dividend is definitely not healthy at all. Note this down for future reference whenever u decide to go for "dividend"

2024-06-27 00:10

@ckwee168, I dont have the report. I get the news from The Star newspaper.
https://www.thestar.com.my/business/business-news/2024/06/04/subdued-sentimenton-scicom

2024-06-29 09:38

Thanks @gankm. Affin's TP of RM1.10 is not too far away from what i'm looking at too. SCICOM management has openly acknowledged in their recent QR that AI is indeed a threat to its BPO business, and has been working on a few in-house developed AI models leveraging on ChatGPT to gradually substitute its traditional human outsourcing business .. This is truly AI at work, and successful rollout of these AI based customer service chatbot to its existing client base wud be a significant game changer for SCICOM .. Re-collecting SCICOM again since my last exit at RM1.20 ..

2024-06-29 15:27

sasword

will drop below 0.80

2024-07-09 18:10

Konnichiwa

🚀

2024-08-09 11:37

smartmove100

will rocket soon...

2024-08-13 15:39

Konnichiwa

Slowly and surely 😎

2024-08-14 14:39

BBQ liao.... results so late... sure bad

2 months ago

OMG, really BBQ.. result not showing any improvement.

2 months ago

Konnichiwa

Hoooi… Earthquake wherever I go?

2 months ago

Main reason why Scicom is doing badly in Q4 2024:
The Group recorded a decrease in BPO revenue of RM10.0 million for the current
financial quarter under review is due mainly to lower transactional volumes for
certain BPO clients coupled with the non-renewal of contracts for certain long term
BPO clients who have opted to bring their business inhouse

2 months ago

SCICOM reported a 2nd consecutive quarter of weak EPS largely affected by the non-renewals of contract with certain long term customers, which shall continue to put some pressure on its near term earnings; On a brighter note, management continues to pay out generous dividend of 1.25 cents (i.e. albeit lower than the typical 2 cents) supported by its strong cash holdings (i.e. sitting on nett cash of ~RM90 million or 25 cents); Management reiterated on the challenges posed by AI technology, and at the same time guiding that it is pivoting towards AI solution to future proof its business; Management remains optimistic on conversion of some new prospects in their pipeline which can fetch a higher margins thru new customization of its business solutions offering.

Position : Despite the earnings disappointment, the scale-down dividend payout of 5 cents is still decent, translating to a yield of above 5% at the current traded price and still worth a HOLD for now as the upside can be substantial if it successfully emerges as the winner of Sri Lanka's 10 year immigration system upgrade project (i.e. final selection is now down to last 2 bidders, of which SCICOM is one of them) ..

2 months ago

queenfit

TQ ckwee168 for the info of SCICOM. i will hang on to it and not adding position yet.

2 months ago

terence94tan

@CKwee168 bro, when sri lanka immigration system upgrade project will announce the result ya ?

2 months ago

Its current CEO, Leo Suresh (a Sri Lankan national) has guided that the immigration system upgrade tender result should be announced before end of the year; The CEO is very confident that SCICOM has a cost advantage, but is somehow pitched against a local based player, making the odd of winning at 50-50 only ... i'm still holding on to my shares because the upside is just too big to dismiss at the current traded price ... i also take comfort that the CEO has further increased his own stake in SCICOM as a vote of confidence that SCICOM could win this game-changing project ..

2 months ago

terence94tan

@ckwee168, how much is your average cost price for scicom? Able to tell ?

2 months ago

@terence94tan, i re-collected between 92-93 cents after cashing out earlier @RM1.20, as i find its dividend yield of 5-6 cents (i.e. above 6%) very compelling even without winning the 10 year Sri Lanka immigration system upgrade project .. i do have plans to add more on further retracement of the share price towards 75 cents region; and trust its share price to be well supported by its lucrative yield .. Despite loss of few key long term clients, SCICOM is still capable of generating ~RM50 million of operating cashflow per year, more than enough to support its revised dividend payout of 5 cents (or ~RM16 million) .. Winning the Sri Lanka's project will be a significant upside from the current base ya .. hope this answers your queries and God Bless too :)

2 months ago

terence94tan

Thanks bro. Do you collect other div stocks as well? Mind to share?
I like Div stocks as it able to generate passive income for my cash flow.
I'm thinking to collect after US cut down the interest rate to average down.

2 months ago