SYSTECH BHD

KLSE (MYR): SYSTECH (0050)

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Last Price

0.25

Today's Change

-0.01 (3.85%)

Day's Change

0.25 - 0.26

Trading Volume

184,900


10 people like this.

10,399 comment(s). Last comment by OutOfTouch96 1 day ago

ThunderZX

102 posts

Posted by ThunderZX > 2 months ago | Report Abuse

Result is out, revenue increase by 5.3m & loss of 0.68m compare to 4.2m in Q1

DouglasLiu

289 posts

Posted by DouglasLiu > 2 months ago | Report Abuse

Thanks for sharing, bowman. Btw, Systech's q1 revenue hit a historical high !

ChandranG

381 posts

Posted by ChandranG > 2 months ago | Report Abuse

Its impressive revenues was come from Corporate Solution (thanks to its Wilstech acquisition) and eLogistic segments

bowman

2,597 posts

Posted by bowman > 2 months ago | Report Abuse

YoY down so much. Loss attributable to what?

Posted by Nikho118 > 2 months ago | Report Abuse

upupupupupup gooooooo to 37cents lo

bowman

2,597 posts

Posted by bowman > 2 months ago | Report Abuse

A clear breach of 0.385 will confirm the bullishness of this stock, with next TP 0.42

raingod

92 posts

Posted by raingod > 2 months ago | Report Abuse

Highest revenue.... time to hit 0.40 gogogo

11wenhao11

375 posts

Posted by 11wenhao11 > 2 months ago | Report Abuse

It's a bull run for Systech. Next stop, 40 cents and above

Posted by higHChloride > 2 months ago | Report Abuse

Finally its coming, The Board of Directors of Systech (“Board”) wishes to announce that the Company had on 28 August 2024 entered into a Heads of Agreement with MDT and LCL for the acquisition of part or all of the equity interest or the business undertakings of MDT Group (“HOA”) (“Proposed Acquisition”).

https://mmdt.cc/

lewislew

146 posts

Posted by lewislew > 2 months ago | Report Abuse

Finally!

Posted by OutOfTouch96 > 2 months ago | Report Abuse

Systech showing a W pattern has formed, indicating renewed buying interest. While the stock surged yesterday and closed with a large green candle, nearing a breakthrough of the key resistance at RM0.375
Entry – RM0.345 – RM0.365
Stop Loss – RM0.310
Target Price – RM0.375 – RM0.470

Zikir95

228 posts

Posted by Zikir95 > 2 months ago | Report Abuse

Cantik, Systech dah pecah 35 sen. Tunggu ia naik ke 40 sen seterusnya

Xienry

97 posts

Posted by Xienry > 2 months ago | Report Abuse

alot of selling happening today, tmr might be a more stable day

ChandranG

381 posts

Posted by ChandranG > 2 months ago | Report Abuse

In case you missed it, here's the news about the acquisition of MDT Innovations
https://themalaysianreserve.com/2024/08/28/systech-eyes-acquisition-of-founders-liew-choon-lians-mdt-innovations/

DouglasLiu

289 posts

Posted by DouglasLiu > 2 months ago | Report Abuse

Management is optimistic that the corporate solution segment will contribute positively to the company. Let's go, Systech

bobetlose

75 posts

Posted by bobetlose > 2 months ago | Report Abuse

Systech expanding into IoT, good move from them

RGBeric

75 posts

Posted by RGBeric > 2 months ago | Report Abuse

With a portfolio of 42 IP assets and revenue of US$77 mil, IoT leader MDTI has the wind in its sail

https://www.digitalnewsasia.com/business/portfolio-42-ip-assets-and-revenue-us77-mil-iot-leader-mdti-has-wind-its-sail

Mitchell79

171 posts

Posted by Mitchell79 > 2 months ago | Report Abuse

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

Zikir95

228 posts

Posted by Zikir95 > 2 months ago | Report Abuse

Harga tarik balik sikit hari ni ...

ThunderZX

102 posts

Posted by ThunderZX > 2 months ago | Report Abuse

Systech rebound further soon, 0.40 by end of september

11wenhao11

375 posts

Posted by 11wenhao11 > 2 months ago | Report Abuse

It will respond to its good qr and the commencement of cybersecurity act soon

raingod

92 posts

Posted by raingod > 2 months ago | Report Abuse

Building up the momentum after acquiring MDT Innovations

lewislew

146 posts

Posted by lewislew > 2 months ago | Report Abuse

compare to smrt (n'osairis) which one is better of IoT, look MDTI is much promising at overall scale very good for long term

Posted by higHChloride > 2 months ago | Report Abuse

With MDT Innovations, Systech can achieve higher high, just hold for 1-2 year, thank me later 😎🤞

Posted by OutOfTouch96 > 2 months ago | Report Abuse

Tp is around – RM0.375 – RM0.470, eventually will move up with the recent data centre trend

ChandranG

381 posts

Posted by ChandranG > 2 months ago | Report Abuse

The acquisition of MDT Innovations and EH Integrated System will take Systech to the next level

DouglasLiu

289 posts

Posted by DouglasLiu > 2 months ago | Report Abuse

Systech is a hidden gem that is poised to thrive in the future

bobetlose

75 posts

Posted by bobetlose > 2 months ago | Report Abuse

profit taking day, wait rebound & retest 35c resistance

Xienry

97 posts

Posted by Xienry > 2 months ago | Report Abuse

One step at a time, clear up 32-33 sen...

Mitchell79

171 posts

Posted by Mitchell79 > 2 months ago | Report Abuse

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

MarioBros

476 posts

Posted by MarioBros > 2 months ago | Report Abuse

Will drop below 20sen later. For the last 16 QR, only 1 green. Will drop to PN17 status. Dont give too much hope in this stock. Their shareholder also already sell their share and run from this stock

11wenhao11

375 posts

Posted by 11wenhao11 > 2 months ago | Report Abuse

Only wavering traders follow some people run 😆 This counter is still moving firmly above 30 cents, unlike other technology stocks

RGBeric

75 posts

Posted by RGBeric > 2 months ago | Report Abuse

got acquisition happening & revenue are growing, how to see 0.20??

ThunderZX

102 posts

Posted by ThunderZX > 2 months ago | Report Abuse

keep collect Systech TP 0.40, DC trend is coming with big upside

Posted by Nikho118 > 2 months ago | Report Abuse

There is insider good news, maybe announce by AGM or b4

Zikir95

228 posts

Posted by Zikir95 > 2 months ago | Report Abuse

Bila AGM diadakan ?

Willtolive

609 posts

Posted by Willtolive > 2 months ago | Report Abuse

now everyone can DC

Posted by higHChloride > 2 months ago | Report Abuse

Systech teams up with Pinetop to develop data centres

https://theedgemalaysia.com/node/725743

Posted by higHChloride > 2 months ago | Report Abuse

Systech Bhd has teamed up with Pinetop Technology Venture Sdn Bhd to develop and operate data centres. This is Systech's second data centre partnership. On June 24, Systech announced it had partnered with Eh Integrated Systems Sdn Bhd (EISSB) to develop and operate data centres under a two-year agreement with no fixed value.

ChandranG

381 posts

Posted by ChandranG > 2 months ago | Report Abuse

Awesome! Working with another new company on a data center project

Mitchell79

171 posts

Posted by Mitchell79 > 2 months ago | Report Abuse

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

Posted by OutOfTouch96 > 2 months ago | Report Abuse

Systech with EISSB and Pinetop developing DC... 50 sen next stop?

Posted by Nikho118 > 2 months ago | Report Abuse

Systech is chinese company--- buyer
Ehis is chinese company---supply equipment...
pinetop is malay company---is a bridges
so systech and pinetop become partner..
as i know only malay co have a big chance to getting Gov project ,
So i thing sure got project for gov.
then......i know ady.... will be rocket

Posted by Nikho118 > 2 months ago | Report Abuse

** sure got project from gov

bobetlose

75 posts

Posted by bobetlose > 2 months ago | Report Abuse

everything is coming together... Systech will get more dc project....

bowman

2,597 posts

Posted by bowman > 2 months ago | Report Abuse

SO much good news and still stuck in the doldrums?

MarioBros

476 posts

Posted by MarioBros > 2 months ago | Report Abuse

No hope la this stock. Always red QR. The shareholder also already sell their share

Xienry

97 posts

Posted by Xienry > 2 months ago | Report Abuse

Only the ikan bilis and retail leave only, strong holders are still here for long term

Xienry

97 posts

Posted by Xienry > 2 months ago | Report Abuse

Systech has partnered with Pinetop Technology Venture to develop and operate AI data centers

The principal scope and responsibilities of SysAIU include sourcing all required equipment and infrastructure for the project, including without limitation graphics processing units (GPUs), servers, storage systems, networking equipment, cooling systems and power supply units.

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