There are 2 strategies. 1. To buy now and take a gamble as a sharp drop is always follows by a technical rebound. 2. Sell and cut loss and wait for the dust to settle before making the next move. Ask yourself which type of investor are you? Conservative and careful choose 2. Aggressive and positive choose 1. Choose wisely.
im thinking of averaging down but wouldnt know if tommorow would fall again.. its the same like december last year missed that opportunity, could not afford to miss again
My hands is already itchy wanted to buy...but my heart tells me not to buy...might go below 30 sen...So I need to wait for the dust to settle to play safe...
Dust settled. Market to rebound today after heavy sell out. Systech propose to give dividends. So should go up today as investors are getting confident.
yes. so many lalats making noise.the dividend i think they will give. never failed to give. and the quarter result is good. I thk those lalats and langaus, pls have a sticky note on your head that the 1st q result only contributes 10-15% of the total overall profit of the company. pls calculate the entire performance of the company which is awesome as compared to the last performance!
Buy signal triggered. 31.5 sen is currently the support. Market rebounded from yesterday sharp drop due to panic selling. Buyers are slowly nibbling the battered stock. Already 403 counters up. Good show.
Yes, now already 448 counters up. The market is green now. Confidence are restored. Systech is expected to move higher tomorrow as a follow through buying. For long term should touch above 50 sen. Buy and keep.
RaymondTan said the group is expecting to bag a sizeable contract from a public listed company for its security operation centre business, which is under the cyber security segment. More below...
"We've been hibernating over the past three years, so to me it's very much on our results and dividend payouts," he said when asked of increased investors' interest in Systech.
Filings with the stock exchange show that Tan owns a 56.94% stake in Systech.
Tan said the group is expecting to bag a sizeable contract from a public listed company for its security operation centre business, which is under the cyber security segment.
He hoeps the cyber security segment will contribute at least 30% to the group's topline for the financial year ending March 31, 2016 (FY16).
"But the bottomline will be less, about 10-15%, because the cost of hardware is high," he noted.
The proprietary software solutions and franchise software system are the largest revenue contributors, with 56% and 35% each.
He said Systech will build a strong foothold in the local market first, before expanding into the overseas market.
On the software solutions segment, Tan said it will be more on an organic growth, in particular the consolidation of its resources.
For the proprietary software solutions business, which is targeted at multi-level marketing customers, he said the group is looking to tap into the US market.
In order to grow the cyber security business, he said Systech needs to build up a good relationship with its business partners and IT conglomerates.
"Once we establish the platform, we'll continue the relationships with our partners…We've the people, they've the branding, so it's a good relationship," he added.
Systech proposed a dividend of 6% which is the highest so far. Previously was 5% and 3% only. So I guess investors will be happy to keep investing in Systech. Other companies don't even give dividends and yet their share price are higher than Systech. 31.5 sen is the support. Tomorrow will try to break 33.5 sen. Good luck comrades.
Systech will come out strong. No volume today. Bulls and Bears locking horns...hahahah....fight fight fight...31.5 sen...strong support...Big wave but Systech as usual stay resilient....at 31.5 sen...fight!!!!! Keep for long term. Good dividends.
Corporates can look forward to 'good times' post-May Publish date: Tue, 26 May 2015, 10:56 PM CORPORATES see May, the fifth month of the year, like employees see the fifth day of the week, Friday: they just can't wait for it to end and enjoy the good times that come after.
Although the analogy is the writer's, it is safe to say that basically is how analysts see the month of May, as the month when the FBM KLCI is at a low point in the year.
This, of course, is great news for investors, as Hong Leong Investment Bank Research succinctly put it in a research note last week, that "May is historically a good month to accumulate on dip".
Still unconvinced? Then just listen to the final word which comes from our impressive reference point for this week, the HLIB Research report, which boldly stated: "During the month of May and the tabling of 11MP, we believe it is opportune to seize the 1-in-5-year opportunity to position for the year-end whereby we have an unchanged target of 1,880 (based on historical average P/E of 15.5x 2016 earnings)".
From history ex-date normally in Sep 2015. But just look at OpenSys ...going up because of dividends and good QR report. Systech is going down temporary but once the selling is over, it will go up like Opensys. A lot bought at 42 sen. Now at 30.5 sen is the best buy.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bowman
2,601 posts
Posted by bowman > 2015-05-25 12:27 | Report Abuse
collect. panic selling due to some stupid reasons.