Meng Tatt Loo's comment on SCICOM. All Comments
Meng Tatt Loo
5 Like · Reply
By looking at the report
1) most of the revenue contributed by Malaysia and Philippines business, a bit from SG.

2) purchase of equipment RM1.3mil, license also Rm800k. Meaning they are expanding

3) Revenue and net profit are better QoQ before covid. Meaning this company still growing.

By calculation. The N. Profit should be MIN Rm28 mil to 32 mil for FY21

This is just my 2 cent. Not for buying or selling advice
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3 years · edited · translate ·
Wago Lou
why they revenue increase but the pat didn't increase？
Like · 3 years · translate
Meng Tatt Loo
It's because company spent additional Rm1.3mil (Rm2.04 - 701k) for purchasing office equipment

and additional Rm800k (Rm1. 98 mil - Rm1.2 mil) for licensing.


A lot of increase under investing activities.

Meaning company still have many new projects coming.
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Like · 3 years · translate
Meng Tatt Loo
Scicom can easily have RM230 mil revenue in this financial year x average 13% for Net profit = RM30Mil

Only from this BPO. Not yet including others.
Like · 3 years · translate
Ang Leren
And This consider capex , one off , positive contributing next few quarters
1 Like · 3 years · translate
Ang Leren
the major revenue and profit contributor EMGS business still under frozen stage need to wait till Covid fully gone. And other travel industry clients also. Now is purely their BPO business, they did even better then before Covid! Just wait for the EMGS recover then will back to 10m PAT per quarter
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4 Like · 3 years · translate