If next week push down then continue surge maybe strong smell of goreng factor. Technically it should continue surge if the deal going to ink since nobody want to sell down and let others buy cheap. Basically s5 is good company but whether they have any deal with connect is the key agenda we should focus. That's my 2 cent view. Let's continue monitor and pls trade at ur own risk.
Handsomegain@ if the fat witch kacau means the price will stay put or will not go down. So u wont get to buy at a cheaper price before it goes up. If they didnt kacau u will see the price will drop n we can buy at a cheaper price n we can make more when the price goes rocket.
wow alot of new ID emerging here ...almost like a gang working to paint a story....watever it is...dont be greedy, got profit take profit, play along the way until music stop
Guys, no need argue or emotional over each other comments. We make profit here and be a happy traders. Who can share their information we will be grateful. If they can't reveal we also need understand and trade at ur own risk. Like my trading plan is throw below.0.3... Up then I continue make more margin. We appreciates JB18 since he has promoted sometimes back and those who trusted him also gained something from this counter. Any others good investor here if u have further information to shared will be grateful too.
Santaclause as u know few person dont want to let the price to go down n the party that really do all the works until the merging want to bring it at lower price until 0.20 so can push up to the moon with the huge profit . But the ppl which hold 10% looks so greedy. Thats what i can give u the hint
I think the goverment policy of big tender must be advertised or go through tender. I DOUBT S5 got submit tender. Becos no one can contact them for clarification
Stncws its tiring to answer to ur stupid question n remarks. Pls go to the kindergarden again . As u know SP dont let others to know the RTO n how many had make profit but here we give tips to other to be with us to make more money. We share the info not to be greedy. If in the previous comment i guess no want bother abt this CC. Most of them are laughing at me when i ask them to buy CC at the price 0.07-0.08 now when its goes up everyone want to become champion by giving their opinion and comment like they know everthing wt is happening. So pls dont fall in their trap where by pls choose wisely by read the comment that are posted here. Santaclause2020 seem to know a lot of things too. So do follow his advice too. Thanks to all in the forum. Cheers to next week
Acostech's Drama When it was 45c, many had posted the Reverse take over by WRP when ride on the Glove's atmosphere. it was shoot up to 57 and drop then next day to 76c... many bought this share @76c. The next day some Substantial shareholders MR Chang sold off 9,000,000 during the peak from 54 to 76c.. The next day MACC visited WRP...then MACC investigate former CEO was accusing siphoned off some money..Now share price is 44c,..
Connect 's drama The news started 15/5/2020 from 9c..and goreng up to 37c.., if you buy early is ok..now do not know how many 300% up oledi. ..its current NTA is only 7c... Why would buyer pay such a high price for this company. maybe jb can highlight this. The goreng atmosphere for this immigration is hot now. Many people want to ride on this wave, But for goreng is ok. ONE BLOGGER i3 even hard promote this stock yesterday.
Maybe jb is right this stock will go 60c...! GOd bless you!
Acostech hot day --millions of share traded..- big shareholders is selling Connect hot day -- billion ( 214m) of share traded --- big buying or selling???
Stancws if u feet this is drama of the connect . Do u know who is the director for this drama n if u says the news started on 15/5/2020 than u are wrong. U dont know anything n what's happening. I believe that u comment here is base on ur knowledge but not with fact. We talk abt fact wherby i cannot tell u more. When the talk abt RTO start long time ago n eveyone keep silent until focus mag highlited the news in thier issue on 30-6/12/2019. Pls refer to pg 14 of the focus mag.
Hi..jb161802. Thanks you for your comment on my question this morning. Noted well. By the way..u mention u will share another like CC, where u will share it? In this CC thread too or that particular coming boom like CC. I dun want to miss it.
greedy4444... just a word about syndicates. If they unload they would have unload with the last 2 days of so high volume n price already. Next 2 days may be down due to the Contra players so no reason to sell with the crowd. So I guess many contra players would have already clear up already since the market is up on high volume in last 2 days so easier for trader to cash out, From the volume and price, my guess is, the play is not yet finish. I am quite certain on this. 14/06/2020 8:46 PM
Without the news coming out in focus magazine, it's a best kept secret. I only knew about it then. Jb & another knew much earlier but nothing can be finanalise until the immigration project confirmed awarded. Myeg hedged its bet. If S5 gets it's in its best interest to do a RTO as its valuation will be on mkt P/E rather then a deep discounted unlisted share P/E. Nobody benefits.
Why Connect, why not another with smaller share base? It's share base is 900+m after consider conversion. The public have already sold all its holding , now insiders hold the majority. If this is true then deal is imminent. S5 will have to inject its 100% capital into Connect (we assume) & take shares cos there is no cash available. Myeg provided cash liquidity by taking a 10% stake with a sell back provision(if deal get screwed).
My take is that if this whole deal gets done, the valuation could be between 80 Sen to 1.50 based on the enlarged share capital of approx 3b shares
Jb thanks for your social services as u may indeed have helped lots of people. Hope they help others in their own way. I'm a late entrant but will buy tomorrow with my small budget with an exit price of 25 Sen as I have to preserve my small capital .
Do give another when u can in this thread......thanks
Good evening everybodeh. Let's see what will happen tomorrow morning. Technically should be bullish and open high and chiong.. If it is strong enough will stand firmly.
Hi JB, no matter what you did promote and urge a buy call since low price. Belive many early investor has earned some handsome profit. Hopefully you may share again on next opportunity again. Cheers.
A little bird whispered that Connect would be the next vehicle for the backdoor listing (reverse takeover) by S5 Systems since the failure of the proposed acquisition in Goodway by the biggest shareholder of S5 Systems, NSA Technology back in early 2017. Some saying that the announcement could be out by next week with a potential RTO price between 50sen and 60sen! That is why it has spurred strong interests in Connect in the last few days which saw the share price jumped around 100%.
For your information, S5 Systems is a private entity that involves in the business of national security solutions which involves the provision of security technology intellectual property the development and customisation of solutions and systems, consultancy and support in all related information technology and security industries.
Simply put, S5 Systems is in the running and directly compete with Datasonic, Scicom, Heitech Padu, Opcom, Iris and even MYEG (who intends to purchase 118 million shares or a 10% stake in S5 Systems for a total purchase of RM90 million) for RM1.5 billion immigration system.
The RM90 million price tag values S5 Systems at a trailing P/E ratio of 14.2x. It registered RM63.2 million earnings in FYE June 2019.
Scenario 1: Based on the back-of-the-envelope calculation and should the RTO materialises, it would value Connect at 76sen (S5 Systems’ EPS of 5.36sen and 14.2x P/E ratio). This is line with S5 Systems’ valuation based on 10% stake that MYEG has proposed to acquire would translate RM900 million, which is at 76sen based on S5 Systems’ number of shares of 1.18 billion.
S5 Systems' earnings of RM63.2 million are superior than Datasonic's latest earnings of RM48 million and thus, Connect (S5 Systems) should be valued similar to OR more than RHB's implied P/E ratio valuation target of 39x on Dsonic.Therefore, 39x P/E ratio on S5 Systems' forward EPS (FY20) of 5.36sen (assuming no growth from FY19 and remains the same) would value Connect (S5 Systems) at RM2.09!
At Connect’s current price of 34.5sen, it is still being hugely undervalued traded at 6.4x P/E ratio. The potential upside would be 500%. Should the RTO materialises at 60sen, there would still be potential upside of 248%! The market is still overlooked this huge upside potential! This is real, not conning everyone here! If this analysis is wrong, please message me personally!
Let say to be conservative in its FYE June 2020 (worst case) by applying rule of thumb of 20% discount to its RM63.2m profit due to the MCO (between March and May 2020), it would translate to RM50.6 million profit and EPS of 4.28sen. By pegging to P/E ratio 39x, it would value Connect (S5 Systems) at RM1.67! Let say apply another 20% discount to now its P/E ratio of 39x, which is 31x, it would value Connect (S5 Systems) at RM1.34! Again, still huge upside potential from current price of 34.5sen!
Scenario 2: What if the RTO materialises at Connect's number of shares of 367.7 million only? This would value Connect (S5 Systems) at RM2.44 (RM900 million valuation). At an EPS of 17.18sen and current price of 34.5sen, it would translate a trailing P/E ratio (FY19) of 2x only!
Assuming conservative case for its FY20 with no growth in EPS and maintain at 17.18sen, which would translate to forward P/E ratio of 2x only, Connect (S5 Systems) would be superbly undervalued at a fair value of RM2.44 (RM900 valuation).
Those scenarios valuations are even excluding potential earnings from RM1.5b immigration systems if it wins. Imagine its enormous upside potential in both earnings and share price! Would we see the stock hit limit up once the announcement is out or even before it next week?!
Technical-wise, both daily and weekly chart is in bullish landscape. The share price has broken above major resistance level of 33sen and closed at high of 34.5sen since 2008! The breakout is supported by stronger-than-average volume. This is in-line with strong interests in the stock for potential RTO story and its huge undervalued.
MACD histogram indicator has just started to expand in positive territory (bullish zone) which means there is more potential upside in both short-term and long term. The share price is being traded above all 5, 20, 50 and 200-day SMAs.
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....
stncws
10,708 posts
Posted by stncws > 2020-06-14 12:05 | Report Abuse
owner S5 SYED Mohd hafiz's father Syed Razlan is the brother of Royal family Raja perlis..So Govt wont award to this.