Oh Mesti.
Why OMESTI has been slow in rocketing? Probably due to a negative blip for a non-material development project cancellation.
https://www.thestar.com.my/business/business-news/2020/07/10/ssms-decision-on-omesti-unit-remains
But, market has been waking up to Oh Mesti.
Country wide solution developed. New revenue stream. Will fly better than AppAsia performance.
https://www.theedgemarkets.com/article/omesti-launches-digital-platform-business-registry-bodies
Huawei Premier Partner in Telco stuffs. Won TM Core project.
https://www.sinchew.com.my/content/content_2318472.html
Microlink, a member of the group rocketed.
https://www.thestar.com.my/business/business-news/2020/07/14/microlink-surges-to-highest-since-march-2016-sparks-bursa-query
NIIS deal coming.
https://www.theedgemarkets.com/article/deciphering-niis-bidding-war
Potential Surprise Catalyst:
* 5G Key Winner
* NIIS Indirect Beneficiary (OMESTI owns several ICT distributors which supply stuffs to tenderers if they did actually partnered up.)
* More Gov Deals won
A potential winner in the making:
* RM0.735 per share for LOW market cap of 390M+-
* As of AR2019, 95% of shares owned by 185 shareholders. Little available shares out there.
Risks:
* Delay in 5G/NIIS Party
* Didnt get any cake from NIIS.
* Immediate QR may not be so nice.
* Any substantial stakeholders cashing out.
* Other market events overshadow.
* GE
*** This is not a post to suggest buy or sell. Take your own risk pls.
https://klse.i3investor.com/blogs/carimakan/2020-08-09-story-h1511617187-OMESTI_Can_Cari_Makan.jsp
