The spammer eagle77 aka the broken disc has come out to spam again. Report report

Analysts have reacted positively to credit-reporting outfit CTOS Digital Bhd’s move to remain focused on growing the commercial segment of its credit-reporting business.

Research houses have either upgraded their ratings on the company or maintained them as it addresses the slower pickup in sales and the lower frequencies of credit reviews.

UOB Kay Hian Research (UOBKH) Research has upgraded its call to a “buy” with a higher target price of RM1.51 from RM1.36 despite downgrading earnings by 15% primarily to account for a longer sales cycle in the key-account segment and a slower ramp-up in newly secured commercial contracts.

According to UOBKH Research, CTOS’ management has revised downwards its internal earnings target for 2025 to between RM125mil and RM130mil from between RM150mil and RM160mil previously.


The company said revenue grew by 20% year-on-year when it announced its results for the third quarter ended Sept 30, 2024 (3Q24) on Monday.

It also declared a third single-tier interim dividend of 0.84 sen per share to be paid on Jan 17, 2025.

“Following the company’s recent share price retracement, we believe that the headwinds it faces have largely been priced in and we now view the risk-reward profile as being favourable at this stage.

“We still reckon that CTOS is well-positioned to be the direct proxy to growing demand for Malaysia’s credit-reporting industry,” UOBKH Research said.

CIMB Research, which upgraded the stock to a “buy” from a “hold” with a higher target price of RM1.80 from RM1.50, noted that the company sees greatest opportunity in the commercial segment with a total addressable market (TAM) of RM1.2bil, driven by anticipated gains from 350,000 small and medium enterprises (SMEs) in the country.

The company forecasts TAM of RM2.1bil for its Malaysian operations and RM600mil for international operations.

The research house added that the company saw an encouraging increase in commercial-customer activations in 3Q24 spurred by improving sentiment among SMEs and rising consumer spending.

“The commercial business entered 3Q24 with strong momentum, overcoming challenges that SMEs faced in the first-half due to regulatory changes and subdued market conditions,” the research house said.

Kenanga Research maintained an “outperform” call but cut its target price to RM1.70 from RM2 to reflect revised lower revenue and profit trajectories for the company.

However, it said that CTOS is looking to ramp up its commercial segment as credit-reporting activations in the segment would be tied to growing business activity in the retail, manufacturing and service industries.

RHB Research, which maintained a “buy” call on the company while cutting its target price to RM1.58 from RM1.73, said CTOS’ management remained confident of the company’s growth trajectory.

This is despite a longer sales cycle and conversions, with a robust pipeline across key accounts and its commercial segment as activations and consumption continues to grow with the spread of digitalisation and regulation-driven needs.

Copy and paste again. This spammer eagle 77 is an old broken disc

Precisely. This lad eagle only copy and paste his spams and the noise that he makes is meaningless too. Let's focus on the future of cybersecurity

Stop dropping already. ha. Now is Up Up Up

Ignore him. This Eagle77 keeps sending spam. He will get reported and banned

I think engine will start when q3 report is out

Government also allocate RM10 million to the National Artificial Intelligence Office and RM50 million to AI education in Budget 2025. Systech will reap some benefits from this next year.

Below 50 cents alrdy hard to get ... 20 cents, need to wait for WW III or economy crisis

LOL, this Eagle77 spamming similar things over and over again ... No one reports him?

Diddy's effect for appointing beautiful girl as ID?

You will become furless vulture when Systech goes up, Eagle77 😆

Only foreign fund was buying currently ..

Don't be asinine, Eagle77. World War III will not happen because it is bad for the US presidential election and the incumbent candidate

SNS got give dividends 😌

Systech will breach 30 sen again in Oct undoubtedly

Cybersecurity becomes a critical foundational element to ensure the resilience and continuity of Malaysia’s digital society

https://www.thestar.com.my/esg/2024/09/27/cybersecurity-a-prerequisite-for-sustainable-growth

Local fund sold recently also ...

Dato sold the shares a week ago and Systech still holds above 30 cents. What does this indicate? Some "fund" must have taken the shares from him and saw promise in Systech's cybersecurity business

These tech stocks are rebounding again ... Hard to get cheap cheap price

Treat this burung as a reverse indicator. Pick up more at 31 cents there before it shoots up. ha

She will lose for sure 😗

The share buyback proposal was approved at today's AGM. Time for it to rally

Snipe for cheap price

Under the agreement, SysAIU is responsible for sourcing all necessary equipment and infrastructure for the project, including graphics processing units (GPUs), servers, storage systems and cooling equipment.

On Pinetop's part, it will provide technical support and expertise for the AI data centre’s operation, focusing on the maintenance and servicing of high-performance GPU infrastructure and servers

Mi has solid fundamental, dnt you worry

Temporary setback due to renewed concerns of overheating in the artificial intelligence rally ..

Asian semiconductor-related stocks tumbled, putting regional benchmarks on course for their worst drops in a month amid renewed concerns of overheating in the artificial intelligence rally ...

https://www.businesstoday.com.my/2024/09/04/asian-semiconductor-stocks-plunge-as-ai-rally-concerns-weigh-on-msci-index/

MDT Innovations specializes in the research, design, development, and deployment of IoT systems, including RFID inlays, smart devices, modules, and fintech services. This is a great acquisition for Systech

Nvidia shares fall despite earnings beating estimates... Tough investors
https://www.cnbc.com/2024/08/29/nvidia-nvda-shares-fall-after-earnings-beat-estimates.html

It will even climb back to 40 sen if the q1 result is good

Nvidia's result will be out tomorrow. Let's watch 👀

Old news...but good for readers to recap it

Now you look like her, rhtc88 😆

No worries, at least it is still staying strong above 30 cents for the time being

You sound like that businesswoman, rhtc88 😂

There is a chance of turning green in the upcoming quarter

SNS will become flash again, dnt worry 😆

Let's wait and see then. Probably the company will announce that good news before QR is out 😉

Buy & keep 1st then before it goes back up to 1.40

Good news, CyberSecurity Malaysia Signs MoU with Flexxon and AI MSP to Bring Intelligent Hardware Security Solutions to Malaysia

https://en.prnasia.com/releases/apac/cybersecurity-malaysia-signs-mou-with-flexxon-and-ai-msp-to-bring-intelligent-hardware-security-solutions-to-malaysia-456544.shtml

Local funds are re-entering the market

Don't try to act tough. You are just a conman, ConMan

Ya, 4% - 8% discount

What on earth are you talking about, bowman ? Losses have narrowed down since FY2022

Today's non-farm payroll report is vry important ..

Indeed something is brewing .. Confirmation that Systech will turn profitable next quarte ? hehe

Great ! Bounce back to above 80 cts again

in an increasingly digital world, cybersecurity business becomes more and more important

Cybersecurity risk grips Vietnam as compromised accounts surge 😯
https://asianews.network/cybersecurity-risk-grips-vietnam-as-compromised-accounts-surge/