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Home calvintaneng OPCOM OPCOM (0035) OPTIMAL OPTIC COMPANY : THE SUPER-STOCK OF THE DIGITAL ECONOMY, Calvin Tan Research

OPCOM (0035) OPTIMAL OPTIC COMPANY : THE SUPER-STOCK OF THE DIGITAL ECONOMY, Calvin Tan Research

On



Hi guys,
From the lips of Many PH Govt Leaders "THE NEXT BIG THING" In Malaysia points to "THE DIGITAL ECONOMY"!

See

Govt to prioritise sustainable growth in upcoming Budget, says Guan Eng

Published 1 day ago on 10 September 2019
 
 
Minister of Finance Lim Guan Eng is pictured during the launch of Menara Prudential at Tun Razak Exchange, September 10, 2019. — Picture by Miera Zulyana
LMinister of Finance Lim Guan Eng is pictured during the launch of Menara Prudential at Tun Razak Exchange, September 10, 2019. — Picture by Miera Zulyana
 
KUALA LUMPUR, Sept 10 ― The government will seek fiscal space to prioritise sustainable economic growth and will likely not introduce new tax measures in the upcoming 2020 Budget, says Finance Minister Lim Guan Eng. 
“We will prioritise economic growth. Such expansionary measures may be necessary to provide some fiscal contingency, amidst an uncertain global economic environment if the trade dispute between China and the United States remains unresolved.
 
 
“Furthermore, to raise the confidence of the corporate sector and investment community, we do not foresee any new tax measures,” he told a press conference after inaugurating Menara Prudential at the Tun Razak Exchange (TRX) here today.
He said discussions with various parties with regards to getting their inputs for the 2020 Budget were still ongoing and more details would be available during the tabling of the budget on Oct 11.
 
Lim said Malaysia advocates the continuation of a multi-lateral approach to achieve free and fair trade, productivity growth, embrace of the digital economy, and a rise in incomes to increase purchasing power and profitability of workers and businesses.
Calvin comments:
Listen to these words again
Lim said Malaysia advocates the continuation of a multi-lateral approach to achieve free and fair trade, productivity growth, embrace of the digital economy, and a rise in incomes to increase purchasing power and profitability of workers and businesses.
:THE VERY CORE OF THE UPCOMING BUDGET CENTERS ON "THE DIGITAL ECONOMY"
 
 

Internet connectivity to be listed as utility - Gobind

 
Last update: 22/04/2019
 
Gobind Singh Deo
KUALA LUMPUR, April 22 (Bernama) -- The Communications and Multimedia Ministry is in the process of proposing that Internet connectivity be listed as utility, just like water and electricity supplies.

Its minister Gobind Singh Deo said the proposal was among efforts to expand Internet connectivity access nationwide.

“I am in the process of proposing to the government, so that we can create a policy for Internet connectivity to become a utility, meaning it is given the same emphasis as water and electricity.

“We must accept the fact that the world will progress with the help of Internet, that’s why the government is taking active and proactive steps in ensuring Internet access is available to all Malaysians, regardless of where they are.

“So, in the future, we need not view the construction as having connectivity problems, where we have to see the fibre optic telco contractors, which will be time-consuming and costly...so we wish to overcome this problem, which will be an achievement for my ministry. We understand and accept the importance of this connectivity,” he said in a special interview in conjunction with the one-year anniversary of the Pakatan Harapan government administration at his office in Wisma Angkasapuri today.

According to Gobind, the proposal had been discussed with the Minister of Housing and Local Government (Zuraida Kamaruddin), and there were suggestions to ensure all buildings in new development projects, be it residential or office, be equipped with Internet access.

Meanwhile, Gobind also drew attention to efforts by his ministry to lower the Internet service charges so that everyone would have similar access to world technology with global-standard Internet speed and benefit various sectors, like agriculture, farming, medical, transport and e-commerce projects.

“In Malaysia, there is no official Internet speed limit for the people that we can say that we have successfully created a good infrastructure. Unofficially, we have 30 mps, and at the time, we set it, how do we reach that level and at the same time reduce the cost of broadband.

“So, when we introduce new prices under the National Fiberisation and Connectivity Plan (NFCP), we’ll see that the broadband price reducing. Prices have gone down in some cases, almost more than half. But on average among four telcos, it has come down almost at 50 percent,” he said.

Among the main objectives of the NFCP existence is to achieve a baseline of 98 percent broadband coverage in inhabited areas by 2023, with a minimum broadband speed of 30 mbps so that 5G can be effectively implemented nationwide, especially in remote areas.

Meanwhile, asked about reports his ministry received regarding Internet and speed, Gobind said although he had announced the ministry’s objectives, it would still take time to be fully implemented.

“We already have the data and we have found ways to solve it. We need to take some time. Of course there are efforts being implemented in the improvement process. For example, for Streamyx, we have discussed with TM.

“It’s just that it’s not time yet to make an announcement. In two to three weeks’ time, hopefully we can make an announcement and resolve all these problems as fast as we can,” he added.

Gobind said Internet and connectivity were among his main focus in ensuring that the infrastructure was enjoyed and utilised and that all the problems arising, such as cost and speed, had been resolved since he took over the ministry 11 months ago.

“The 5G (Fifth Generation) pioneer project is a part of that (objective). It is also linked with the expansion of NFCP, which is related to infrastructure and bringing about change.

“We must accept the fact that 10 to 20 years ago, that technology may have been key, but today the speed is slow, not reaching the level it should. Because of that, through NFCP, we focus on overcoming this problem and also build a more effective network system,” he said.

He stressed that the connectivity factor was crucial in giving the public access to various information and future success, apart from increasing knowledge in all fields related to their lives.

-- BERNAMA
 
Calvin comments:
 
Fiber Optic connection is now classified as a Utility Like Water & Electricity. So it has become a necessity 
 

Zuraida: Malaysia ready for smart cities in five years

 
Housing and Local Government Minister Zuraida Kamaruddin is pictured at the 2019 Smart Cities Asia Conference and Exhibition in Kuala Lumpur September 11, 2019. — Picture by Firdaus Latif
KUALA LUMPUR, Sept 11 — It will be another five years before most of the country is ready for the “smart city” concept, Housing and Local Government Minister Zuraida Kamaruddin said today.
Speaking to reporters after launching the 2019 Smart Cities Asia Annual Conference and Exhibition, the minister said that the concept is currently being developed for the elite and high-income group instead of the masses.
At the same time, she said that before it can be introduced to some of Malaysia’s more rural townships and B40 communities, residents there must be educated to ensure that they will take care of the high-technology facilities and gadgets provided for them.
“The masses must be ready, if not there will be vandalism and it will be a waste of money.
“The local authorities must make sure they are ready but most of them will start with the buildings, which are easier to control,” said Zuraida, referring to the community.
When asked how she plans on educating these groups, she said that she believes once coverage becomes wider in Malaysia — especially in Kuala Lumpur and state capitals — and the public are exposed to it, taking care of the high-tech equipment will become natural.
She believes that the younger generation, especially those who are becoming more and more tech-savvy will have good habits inculcated into them as they will be more exposed to use of the gadgets.
“We should be ready in about another five years with widespread awareness and the younger generations with their phones, they would be more exposed to use these gadgets,” she said.
Zuraida also said that smart city developers must work together with local authorities to fine tune its development in Malaysia to ensure a holistic development with long term strategic planning, instead of creating a piece-meal solution.
She pointed out that a piece-meal development will incur more costs in the long run and is wasteful and less efficient.
The federal minister also said that by working holistically with local councils, developers can help create more awareness and educate the local communities on smart cities and how they can take care of its facilities.
 

Gobind: Malaysia well-positioned in SE Asia for AI research and development

Author:   |    Publish date: 

KUALA LUMPUR, Sept 12 — Malaysia, uniquely located at the heart of Southeast Asia, is well-positioned to be a leader of research in and development of the ethics in Artificial Intelligence (AI), Communications and Multimedia Minister Gobind Singh Deo said today.
“It is important that we build the necessary data and AI capabilities to ensure our industries, government and people are able to take advantage of the opportunities being offered,” he said in his speech at the launch of the Next Big Tech Asia 2019 annual conference and exhibition on AI and Data here today.
Emphasising that Malaysia recognises the potential and opportunities that data and AI have to offer, Gobind said that according to a recent study by the International Data Corporation, the Big Data and analytics software market in Malaysia is forecast to reach RM595 million by 2021.
Gobind stressed that three key components — talent, trust and ethics — are required to develop a proper AI and data ecosystem.
“There is a consensus amongst governments, industry leaders and recruitment firms worldwide that there is a global shortage of AI talent. Malaysia, like the rest of the world, needs to develop deeper talent to further grow our AI ecosystem,” he said.
He added that the growth of AI would require big data capabilities and what has been categorised as privacy preservation technologies which would be critical for the continued capitalisation of data.
“Increasingly, we need privacy solutions that can enable data integration across organisational boundaries. We also need more secure solutions, especially new methods of encrypting data on the public cloud,” he added.
With the growing use of AI in our economy and workforce, Gobind believes that it is crucial to proactively address the national cyber security risks holistically and adequately.
He said it could be done through a national strategy, legislation and enforcement, innovation and industry development as well as raising the awareness of the citizens. — Bernama
 
Govt approves RM21.6 billion plan that gives urban, rural folk equal access to Internet (note: RM21.6 BILLIONS Not RM2.16 billions)
 
By Bernama - August 28, 2019 @ 4:14pm
KUALA LUMPUR: The Cabinet has approved the implementation of a RM21.6 billion national connectivity plan that gives both the urban and rural population equal access to the Internet in an effort to reduce the digital divide.
In announcing this today, Communications and Multimedia Minister Gobind Singh Deo said the National Fiberisation and Connectivity Plan (NFCP) would also benefit those who might otherwise not have the opportunity to participate in the digital economy, such as farmers, fishermen and the Orang Ali community.
“The government views NFCP as a crucial infrastructure project as well as a strategic effort to enhance the competitiveness of the country and the people of Malaysia in this digital age,” he said.
The NFCP five-year (2019-2023) plan, spearheaded by the ministry, will provide nationwide digital connectivity that is robust, pervasive, high-quality and affordable to all Malaysians, he said.
“In line with the government’s aspiration, the NFCP will bring together the people and businesses in its mission to develop the Malaysian digital economy in the Fourth Industrial Revolution (IR 4.0), narrow the digital gap and generate a constructive environment for new technologies such as 5G,” he said.
Gobind also said the RM21.6 billion cost of implementing the NFCP, the official launch of which is expected to be in mid-September, will involve infrastructure projects in targeted areas that are expected to provide a positive boost to the country’s economy, especially to service providers, small contractors and suppliers.
“This amount will be funded through the provision of the Universal Service Provision (USP) Fund, regulated by the Malaysian Communications and Multimedia Commission (MCMC), and commercially by the service provider.
“The methods of financing via the USP Fund that would be considered are in the form of full fund, matching fund or partial fund to eligible parties.
“These financing methods will help reduce the expenditure of the service provider and the cost savings will benefit consumers through the provision of affordable services,” he said.
Gobind said the government hoped that through the NFCP, more people and businesses would be able to enjoy the benefits and advantages of the digital economy not only within the country and regionally, but globally too.
“Among other things, Malaysians will be able to reap the benefits from digital education, e-health and e-sports services.
“The business community will stand to gain from e-commerce platforms, enabling them to penetrate new markets domestically and abroad.
“Overall, the government hopes that through the NFCP, the living standards of the people will improve and new business models will emerge, leading to more high-paying job opportunities and career prospects,” he said.
Gobind said a special task force chaired by the ministry and comprising related agencies would be set up to coordinate the construction of digital infrastructure in schools, police stations, hospitals and libraries. — Bernama
 
Note:
THIS IS THE THRUST OF THE 11MP OR 11TH MALAYSIA PLAN
In year 2009 when Pm Badawi implemented Huge Infrar Jobs for the 9MP I instintively bought up all Cement Companies like YTL-Cement, Lafarge, Tasek, CIMA & CMSB. I reckoned that SUCH HUGE INFRAR JOBS WILL NEED LOTS AND LOTS OF CEMENT
So I bought YTL-Cement at Rm2.20, Lafarge at 66 sen, CIMA at Rm2.40, Tasek at Rm2.90 & CMSB at Rm2.20
YTL- Cement doubled in price & then taken private by YTL while CIMA was taken private by UEM. Tasek jumped 500% To Over Rm16.00 while CMSB & Lafarge crossed Rm10.00 in their Upcycle
THAT WAS A GREAT CEMENT BULL RUN TIME TRIGGERED BY 9MP
SO THIS WHOPPING RM21.6  BILLIONS FOR 11MP IN National Fiberisation and Connectivity Plan (NFCP) WILL GREATLY BOOST DEMAND FOR OPTIC FIBER USAGE LIKE NEVER BEFORE!!

ONE STOCK THAT STANDS OUT FROM AMONG ALL WILL BE OPCOM
Why OPCOM?
Answer:
OPCOM Is the Major Listed Optic Fiber Manufacturer in Malaysia
In year 2009 OPCOM Received A Huge Rm359 Millions Job Award from Telekom for the Purchase of Fiber Optics
See (Refer to Bursa Website Report on Opcom)


Letter of Award for the Supply, Delivery, Training and Support Services of Passive FTTH System to Telekom Malaysia Berhad

OPCOM HOLDINGS BERHAD

Type Announcement
Subject Letter of Award for the Supply, Delivery, Training and Support Services of Passive FTTH System to Telekom Malaysia Berhad
Contents Introduction

The Board of Directors of Opcom Holdings Berhad ("the Company") wishes to announce that its subsidiary, Opcom Cables Sdn Bhd has on 21st April 2009 received a Letter of Award amounting to RM359 million from Telekom Malaysia Berhad ("Telekom") for the supply, delivery, training and support services of Passive FTTH System to Telekom for a period of two (2) years ("Award").

Financial Effects

The Award is expected to contribute positively towards the Group's earnings and the net tangible assets for the period of the Award.

Directors' and Substantial Shareholders' Interest

None the directors and substantial shareholders of the Company and/or its subsidiaries or any persons connected to them has any interest, direct or indirect in the Award.

This announcement is dated 22nd April 2009
 

This Single RM359 Millions Job Awards later resulted in 2 Special Cash Dividend of 22.5 sen & 11 sen later for Years 2011 & 2012


See

A SUPER CYCLICAL UPTREND FOR OPCOM IS NOW COMING BACK IN EARNEST

In Years 2008 during the Lehman Brothers' Crisis I had over 100 Stocks. I sold off everything but held on to only One Stock = OPCOM
Why Opcom?
Answer:
OPCOM was isolated and insulated from the World Market Crash then
But after buying Opcom at 45 sen it even crashed below 30 sen. What should I do then?
Of course after checking up then OPCOM was Debt Free & Cash rich plus still paying dividends I and my Johor Buddies bought even more Opcom at 30 sen
One of those who followed Calvin buy Opcom was The Bank Manager who loaded up lots of Opcom shares at 30 sen
Being very busy with her Job she just bought & hold. Holding till year 2011 about 3 years later when I told her that Opcom has announced a Special Dividend of 22.5 sen
See

Special Dividend

OPCOM HOLDINGS BERHAD

EX-date
 14/09/2011
Entitlement date 19/09/2011
Entitlement time 05:00:00 PM
Entitlement subject Special Dividend
Entitlement description Special Interim Dividend of 22.50 sen per ordinary share single-tier
Period of interest payment to
Financial Year End 31/03/2012
Share transfer book & register of members will be to closed from (both dates inclusive) for the purpose of determining the entitlements
Registrar's name ,address, telephone no Symphony Share Registrars Sdn. Bhd.
Level 6, Symphony House
Block D13, Pusat Dagangan Dana 1
Jalan PJU 1A/46
47301 Petaling Jaya
Selangor Darul Ehsan
Tel: 03-7841 8000
Payment date 28/09/2011
a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers 19/09/2011 
b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit  
c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange.
Number of new shares/securities issued (units) (If applicable)  
Entitlement indicator Currency
Currency Malaysian Ringgit (MYR)
Entitlement in Currency 0.225

When I called & told her that her Opcom shares bought at 30 sen will get a dividend of 22.5 sen she couldn't believe what she heard
She kept telling "It's impossible!"
How come a share worth 30 sen could get a 22.5 sen Special Dividend

Then came another good Surprise
Next year in 2012 there were 2 more dividends


A Special Dividend of 11 sen Plus a normal dividend of 1.5 sen making it 12.5 sen for that year of 2012
So in just 3 years she got 22.5 sen + 11.5 Sen = 34 Sen Dividend
After getting back her Original Capital Her Opcom shares are Free Plus extra 4 Sen Free Money
Really too good to be True indeed!

NOW IMAGINE : IF OPCOM SECURING A RM359 MILLIONS FIBER OPTIC ORDER COULD GIVE A HUGE 34 SEN SPECIAL DIVIDEND - HOW MUCH DIVIDEND WILL OPCOM GIVE OUT IF IT SECURES ANOTHER HUGE WINDFALL ORDER FOR 11MP OF RM21.9 BILLIONS?
Of course they are many other Optic Fiber Players now plus also Cheap Fiber Optic imports from China
BUT THE PIE IS HUGE THIS ROUND = A WHOPPING RM21.9 BILLIONS IN COMPARISON TO RM359 MILLIONS THEN
AND THIS IS SO HUGE THAT ORDERS WILL EXTEND FROM 11MP TO 12MP FOR A DECADE LONG EXPANSION OF TOTAL FIBERISATION OF WHOLE PENINSULAR AS WELL AS SABAH AND SARAWAK

OPCOM MANAGEMENT IS ALSO VERY SANGUINE
AND PRO-ACTIVE
IN THE LATEST AGM OPCOM HAS ELECTED 2 CEOs INSTEAD OF ONE CEO
When Huge Oders come in Companies hire more Workers
In OPCOM CASE It is not just workers IT HAS DOUBLED ITS EXPECTATION BY DOUBLING ITS CEOs
See

Change in Principal Officer

OPCOM HOLDINGS BERHAD

Date of change 06 Sep 2019
Name MISS LIM BEE KHIN
Age 46
Gender Female
Nationality Malaysia
Type of change Appointment
Designation Chief Executive Officer

Qualifications

No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Degree
 
Bachelor of Business (Accounting)
 
Monash University, Australia
2
Professional Qualification
 
Accounting
 
Malaysian Institute of Accountants (MIA)
  
Working experience and occupation 
Ms Lim began her career with KPMG Malaysia in 1995. She joined the Group as an Accountant in November 1997. She held several finance positions within the Group from 1997 to 2015. In January 2017, she was appointed as Executive Director of Unigel Compounds Sdn Bhd, a wholly-owned subsidiary of Opcom Group, responsible for manufacturing and sales of cable filing compounds and related products.
Directorships in public companies and listed issuers (if any) 
NIL
Family relationship with any director and/or major shareholder of the listed issuer 
NIL
Any conflict of interests that he/she has with the listed issuer 
NIL
Details of any interest in the securities of the listed issuer or its subsidiaries 
NIL


Remarks : 
Ms Lim has assumed the position as Acting Co-Chief Executive Officer of the Company on 6 September 2019 together with Encik Yusree Putra Bin Alias.

Change in Principal Officer

OPCOM HOLDINGS BERHAD

Date of change 06 Sep 2019
Name ENCIK YUSREE PUTRA BIN ALIAS
Age 48
Gender Male
Nationality Malaysia
Type of change Appointment
Designation Chief Executive Officer

Qualifications

No
Qualifications
Major/Field of Study
Institute/University
Additional Information
1
Diploma
 
Diploma in Electrical Engineering (Electronics) 
Universiti Teknologi MARA (UiTM)
  
Working experience and occupation 
Encik Yusree joined the Group in April 1997 as a Project Manager. Since 2000, he has been responsible for Sales and Marketing of the Group's fiber optic cable products. He was appointed as Vice President in 2010 and subsequently as Chief Operating Officer of Opcom Cables Sdn. Bhd. in 2014. In the year 2017, he was appointed as the Chief Executive Officer of Opcom Engineering Services Sdn. Bhd. ("OESSB")
Directorships in public companies and listed issuers (if any) 
NIL
Family relationship with any director and/or major shareholder of the listed issuer 
NIL
Any conflict of interests that he/she has with the listed issuer 
NIL
Details of any interest in the securities of the listed issuer or its subsidiaries 
10% equity interest in OESSB, a subsidiary of Opcom.


Remarks : 
Encik Yusree has assumed the position as Acting Co-Chief Executive Officer of the Company on 6 September 2019 together with Ms Lim Bee Khin.

BIG BIG PROJECTS COMING SOON (RM21.9 BILLIONS)
BIG ANTICIPATIONS & EXPECTATIONS FOR 2 OPCOM CO-CHIEF EXECUTIVE OFFICERS


BEST REGARDS

Calvin Tan Research
Jurong West
Singapore

Please buy or sell after doing your own due diligence

https://klse.i3investor.com/blogs/www.eaglevisioninvest.com/225083.jsp
calvintanengOPCOM
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