In Government Comfort Zone, Fat Profits Await

2012-07-18 Podcast - BG Censof.mp3

In this 2012 interview, Century Software Group Managing Director Datuk Samsul Husin discusses:

- Debut Main Market - life as a public-listed company;
- Understanding the business - whether market undervalues;
- Promise of 30 per cent revenue growth 2011 (achieved) but Net Profit fell 31 per cent - issues;
- Government projects reliance;
- Recurring income - how ratios developing;
- Projects - orderbook;
- Current orderbook details - win rate - sector targets;
- Inland Revenue Board and Perkeso jobs - whether focus remains on FMS (financial management systems);
- Government contracts - pipeline;
- Expected huge kick from GST implementation - details - outlook;
- Indonesia expansion - P.T. Praisindo Teknologi - MSM Technologies - issues;
- Plan - 20 per cent of overall revenue from Indonesia - long-term;
- Receivables - huge - issues;
- Cash depletion- issues;
- Corporate exercises - outlook;
- Volume - patchy - plans address liquidity issues - paring holding co. stake;
- BoD - three independent directors of total eight - issues;
- Remuneration - issues;
- Wider governance concerns.