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KUALA LUMPUR: Affin Hwang Capital Research has reiterated its buy rating on Scicom Bhd with a higher target price of RM2.93 based on 20x FY19E price-earnings after imputing the earnings projections for its recently secured Cambodia Tourism project.
PETRONAS Gas (PetGas) is still in discussions with the Energy Commission on the tariffs to be imposed on its gas transmission and regasification assets, in relation to the Third Party Access (TPA) framework, notes CIMB Research
KUALA LUMPUR: Affin Hwang Capital Research has maintained its Buy call and unchanged target price of RM2.54 on Scicom Bhd as it remains optimistic on its ability to secure more BPO contracts and growth in student visa processing.
KUALA LUMPUR: Affin Hwang Capital Research expects Scicom MSC Bhd to be able to extend its e-government services regionally as it maintained its Buy and target price of RM2.74.
SCICOM recorded an 11% year-on-year increase in its 2016 revenue to RM196.63mil due to more business process outsourcing (BPO) contracts and revenue from its Education Malaysia Global Services contract (EMGS)