热门标签

Datasonic to gain from demand for security tech

时间:2个月前   阅读:31   评论:1

usdt公开api接口www.trc20.vip)是使用TRC-20协议的Usdt第三方支付平台,Usdt收款平台、Usdt自动充提平台。免费提供入金通道、Usdt钱包支付接口、Usdt自动充值接口、Usdt寄售回收。菜宝Usdt钱包一键生成Usdt钱包、一键调用API接口、一键出售Usdt。

MIDF Research said, in a note to clients, the group which is a prominent player in producing national ID security solutions, has a strong cash position with almost non-existence gearing ratio. It is also a prime beneficiary to the full reopening of borders.

PETALING JAYA: Datasonic Group Bhd’s world class identity (ID) security technologies have the potential to capture the growing market of digital identity and security space, according to MIDF Research.

The research house said, in a note to clients, the group which is a prominent player in producing national ID security solutions, has a strong cash position with almost non-existence gearing ratio.

It is also a prime beneficiary to the full reopening of borders.

Given the positive factors, the research house has initiated coverage on Datasonic with a “buy” call on the stock at a target price of 57 sen.

The valuation is derived by pegging the group’s estimated financial year 2023 (FY23) core earnings per share of 2.94 sen to the five years average mean price-to-earnings ratio of 19.5 times.

“We believe the valuation is justified in view of the group’s improved prospects, mainly due to the expected pent-up demand for travel documents in tandem to the easing of travelling restrictions,” it added.

,

新2备用网址www.hg108.vip)是一个开放新2网址即时比分、新2网址代理最新登录线路、新2网址会员最新登录线路、新2网址代理APP下载、新2网址会员APP下载、新2网址线路APP下载、新2网址电脑版下载、新2网址手机版下载的新2新现金网平台。新2网址登录线路最新、新2皇冠网址更新最快,皇冠体育APP开放皇冠会员注册、皇冠代理开户等业务。

,

Datasonic management is also confident of secure new contracts for the soon-to-be-rolled-out MyKad as well as contract extension for passport-related solutions, MyKad-related solutions, i-Kad solutions and national digital ID cards on the back of its technologiess.

“All in all, we believe that Datasonic’s commitment to stay ahead of security technology make it much more appealing than its peers to continuously be selected as the national ID security-related solution vendor,” MIDF noted.

On earnings forecast, the research house anticipated Datasonic’s earnings to grow at a compounded annual growth rate (CAGR) of 106.9% over FY22-FY25.

“This is mainly driven by the pent-up demand for passports due to the lifting of travel restriction as well as outstanding expired and non-renewed Malaysian passports of 4.5 million.

“We think Datasonic could deliver 2.5 million to three million units more of passports over FY23-FY25, converting into sales of RM175mil to RM210mil respectively.”

Moving forward, MIDF was optimistic that the group could secure, among others, the new generation of MyKad contracts as well as the national digital ID projects which are expected to roll out soon, on the back of its sturdy order book, proven track record of winning government’s projects as well as competitive advantage.


转载说明:本文转载自Sunbet。

上一篇:新2手机管理端网址:篆刻家御玺 孔平孙

下一篇:线上博彩网址(www.99cx.vip):猛人笑话助兴 神童惊喜演奏 颁奖盛典 高潮迭起

网友评论