Allbet Gaming

Datasonic’s outlook expected to remain positive

Allbet登录网址 2022年08月26日 社会 4 0

新2会员网址www.hg108.vip)实时更新发布最新最快最有效的新2网址和新2最新网址,包括新2手机网址,新2备用网址,皇冠最新网址,新2足球网址,新2网址大全。

MIDF Research said the modification in the contract ceiling value is estimated to contribute to the group’s future earnings and net assets per share from FY23 onwards throughout the term of the contract.

PETALING JAYA: MIDF Research is neutral on Datasonic Group Bhd securing the additional RM31.39mil contract from the Home Ministry as the contract is within its expectations.

The research house has not made changes to its earnings forecast for the financial year ending March 31, 2023 (FY23) to FY25, as the additional contract is within its expectations.

Early August, Datasonic had received a contract from the ministry for the supply of Malaysian passport chips (or 12.5 million of passport chips) commencing from Dec 1, 2021 to Nov 30, 2023. The initial contract was worth RM318.75mil, with revisions raising the overall contract ceiling value by RM31.39mil to RM350.14mil.

MIDF Research said the modification in the contract ceiling value is estimated to contribute to the group’s future earnings and net assets per share from FY23 onwards throughout the term of the contract.

,

新2正网代理开户www.hg108.vip)是一个开放皇冠正网即时比分、新2正网代理开户的平台。新2正网代理开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP,提供皇冠正网代理开户、皇冠正网会员开户业务。

,

“The amendment contract includes maintenance services for equipment, software, and system applications for public key infrastructure and public key development in 2022 and 2023. It also includes maintenance services for equipment, software and e-gates, as well as maintenance services for chip system applications for local and overseas customers.

“Datasonic is required to furnish a performance bond for the amount of RM3.18mil to the ministry with the validity period extended until Nov 30, 2024,” it added.

MIDF Research expects the group’s earnings outlook to be supported by pent-up demand for passport-related solutions as borders gradually reopen, with new contracts for the soon-to-be-rolled-out MyKad and national digital ID on the strength of its ready technology.

The research house remains positive on Datasonic’s outlook due to the group’s commitment to stay ahead of security technology, adding that it makes the group much more appealing than its peers to continuously be selected as the national ID security-related solutions vendor.As such, the research house is keeping a “buy” call on Datasonic with a target price of RM0.57 per share by pegging its core earnings per share of 2.94 sen for FY23 to the group’s five-year mean price-to-earnings ratio of 19.5 times.


转载说明:本文转载自Sunbet。 Allbet Gaming声明:该文看法仅代表作者自己,与www.allbetgame.us无关。转载请注明:Datasonic’s outlook expected to remain positive
发布评论

分享到:

以太坊博彩游戏:Trading ideas: Carlsberg, Pharmaniaga, Sentral REIT, AirAsia X, Inari Amertron, Hong Leong Industries, TCS, Advancecon, Tenaga, UEM Sunrise and Sapura Energy
你是第一个吃螃蟹的人
发表评论

◎欢迎参与讨论,请在这里发表您的看法、交流您的观点。