KUALA LUMPUR: Mesdaq-listed Opcom Holdings Bhd has bagged a RM359 million two-year contract for the supply of passive fibre-to-the-home (FTTH) system to Telekom Malaysia Bhd ™.

This contract presumably relates to TM’s multi-billion high-speed broadband (HSBB) project.

The company, established in 1994 by Datuk Mukhriz (Mahathir's son) who is also the company’s chairman and managing director, received the letter of award from TM on Tuesday. Mukhriz, the Member of Parliament for Jerlun, Kedah, is now the deputy minister at the Ministry of International Trade and Industry.

For its nine months ended Dec 31, 2008, Opcom registered a 40% rise in net profit to RM5.5 million from RM3.9 million a year earlier.

The stock hit a 52-week high of 47.5 sen on Monday only to ease to 45 sen at the close yesterday. Its 52-week low of 27.5 sen was hit last October.
This article appeared in The Edge Financial Daily, April 23, 2009.

Current Price: RM0.58

Some other forum predicted this earlier coz they say its Mukhriz's company. They are right, OPCOM did get the tender. And they forecast it will hit RM1 because they will get another RM1mil contract. Anyone got any article on this? TP?

This post has been edited by koopa: Apr 29 2009, 03:29 PM

Good info on this counter. I think worth invest also.

it went from RM0.3x to RM0.58 in 5 days

That's is a sign of GLC.

does this company have a lot debt?

Sorry, what is GLC? Im quite new in this

Government Link Company.

Keyword: Datuk Mukhriz

Anyone buying OPCOM share ?

This counter not attractive ? No one interested ?

Not actractive anymore lol. Went down abit to 0.56. Wait till Mukhriz announce something. Haha

He is announcing NO AP! Would that help ?

Noidea, but OPCOM up 11% today to RM0.57 from RM0.53 yday

OPCOM Takeover rumor

http://stockmarket.tailou.com/viewtopic.ph...79a30d7ec217d17

Note: I am not incharge for that forum, nor i am a member of that forum. Im not responsible for OPCOM either. Haha. Since im a noob at trading im just sharing what i found on the net. Alot of rubbish outside.

This post has been edited by koopa: Apr 29 2009, 03:28 PM

Another cronies company .. become millionaire in overnight ..

You buy u support cronies ..

with the price , you have lots of choice ..

in 5 days, i sense pramature errection
anyone else thinks so?

up almost 10% today... need more bullet and oso bullet proof...

It is normal for GLC.

Mukhriz divesting his stake in OPCOM.


http://www.theedgemalaysia.com/business-ne...pcom-stake.html

That will affect OPCOM share for sure.

So what will happen now for short term? Long term dosent sound good..

0.61 now
0.65 now up 14%

This post has been edited by koopa: Apr 30 2009, 09:45 AM

For short term, just sell it if you think you have made enough profit out of it.

Yeah thats what i taught. But u see now alot queuing to buy vs queuing to sell. Almost 2x more want to buy. Fake parking?

I also don't know about that! Maybe next week will be different!

Quarterly rpt on consolidated results for the financial period ended 30/9/2013
http://www.bursamalaysia.com/market/listed...cements/1477249

Opcom gets RM20.3m Telekom Malaysia contract

Opcom Holdings Bhd’s subsidiary, Opcom Cables Sdn Bhd has been awarded a RM20.30mil contract from Telekom Malaysia Bhd.

It said on Wednesday that Opcom Cables and negotiated and accepted a letter of award to manufacture and supply optical fibre cables over three years, starting from Jan 16, 2014.

“The award is expected to contribute positively towards Opcom Group's earnings and net assets for the period of the award,” it said.

why no price increase

Contract doesn't mean profits

Fuhh...I hope the current political scene won't have much impact on this counter. But as we know it, politics and business are inseparable in Malaysia.

Average company. If goes to say 56 to 60c, should be worth to get some and keep. Need to see if there is any further info on both Telekom and foreign contracts.

The interesting part for me would be IF there is a possibility for them to be eventually merge with some other listed comps to have good business integration. (e.g Salcon or Scable).

Seems like a good fund looking at the direction the country and technology is moving. Worth buying to keep? Saw some singapore "expert" listed this stock on his buy/keep list going into 2018.

5G is Megatrend : GPACKET, NETX, OCK, OPCOM, REDTONE


Involved Telco Network Infrastructure Company

Gpacket
Green Packet Bhd is engaged in the business of investment holding, research and development, marketing and distribution of wireless networking and telecommunication products, networking solutions, communication services, and other high technology products and services. The business of the company operates in various segments that include Solution, Broadband Services, Communication Services, and Elimination. The Solution and Broadband service generate maximum revenue for the company. Geographically the company exports its services to the United States of America, Taiwan, Hong Kong, Bahrain, and Singapore.

Netx
Netx Holdings Bhd is principally involved in the investment holding, research and development of software, system design, integration and installation and provision of information technology services. The core business segments of the company comprise of the followings: Electronic Payment Services and Payment Services segment. Electronic Payment Services segment is involved in the terminal and other related services. Non-electronic Payment Services segment is involved in the provision of turnkey solutions on the network infrastructure, security management, research and development of software, system design, integration and installation and provision of IT services. The company operates principally in Malaysia.

OCK
OCK Group Bhd provides telecommunications network services. The company is engaged in the provision of telecommunication services equipped with the ability to provide full turnkey services. It provides comprehensive services to all six segments of the telecommunication network services market: network planning, design and optimization, network deployment, network operations and maintenance, energy management, infrastructure management, and other professional services. The company also trades in telecommunication hardware and installation of materials such as antennas, feeder cables, and connectors.

Opcom
Opcom Holdings Bhd is a Malaysian based investment holding company engaged in the manufacturing of fiber optic cables and cable-related products. The business activity of the group is functioned through Manufacturing, Trading and Engineering Services, and Other Operations segments. All the operations are functioned through Malaysia and it derives the majority of revenue from Manufacturing segment which includes fiber optic cables, systems, accessories and thixotropic gel. The company also provides management related services. In addition, the firm is also involved in trading of cable filing, flooding compounds and industrial products, and provision of engineering services.

REDtone
REDtone International Bhd is a digital infrastructure and services provider that offers services under three categories that are Telecommunications Services which offers data and voice services to government, enterprises, and small and medium enterprises (SMEs), Managed Telecommunications Network Services (MTNS) which includes building, maintaining and operating large scale WiFi hotspots, radio access network (RAN) infrastructure and fibre optic infrastructure, and Industry Digital Services (IDS) which includes data centre services, internet of things (IoT) services, cloud services and applications, and healthcare solutions to enterprises, government and the healthcare industry. The company’s Telecom services generate maximum revenue for the company.

Looks like something is brewing today with 43% gain & still going on.

5G contract?

Must be supplying some Fiber cable thingy...
Jendala project...