Posted by mizieXX > 2024-03-12 15:18 | Report Abuse

Tq ctos..bye2

Posted by xuxu > 2024-03-12 15:27 | Report Abuse

Thought can't rebound high, I missed the chance, congrats to those bought low this morning ! hehe

Posted by nelsonlim > 2024-03-12 15:38 | Report Abuse

objectivity required in this case. all simply panic. credit scoring is by bank not from ctos

Posted by The_JQuestion > 2024-03-12 15:39 | Report Abuse

for cable kuat... bursa fast to stop short selling... the others buat tak tau je ,, grats to those that collect

Posted by t_nike2002 > 2024-03-12 15:41 | Report Abuse

Roller coaster coming down… see who will be thrown off the roller coaster

Posted by NatsukoMishima > 2024-03-12 15:45 | Report Abuse

Tomorrow limit down

Posted by xuxu > 2024-03-12 15:48 | Report Abuse

Can day trade don't left till tomorrow ya

Posted by xuxu > 2024-03-12 15:54 | Report Abuse

if you miss the best buy 1.1 - 1.2, now 1.27 too high already no point buying

Posted by t_nike2002 > 2024-03-12 16:06 | Report Abuse

High Court ruling on credit score formulation could invite more lawsuits against CTOS, say lawyers

“Credit reporting agencies will likely need to overhaul their business models to comply fully with the [Credit Reporting Agencies] Act 2010, potentially DISCONTINUING their credit score services altogether.

“Consequently, reliance on companies like CTOS for credit scores may soon become OBSOLETE, signalling a significant shift in how creditworthiness is assessed and reported,”

https://theedgemalaysia.com/node/704300


GONE CASE..

Posted by Balian de Ibelin > 2024-03-12 16:13 | Report Abuse

Banks been using FIS and CCRIS for umpteen years

CTOS is just used for fun purposes

Posted by KingKoil > 2024-03-12 16:15 | Report Abuse

Waiting below RM1.

Posted by gohkimhock > 2024-03-12 16:15 | Report Abuse

i think CTOS also afraid of the potential lawsuits to come too. A second lawsuit will send this counter limit down..

Posted by HITnRUN > 2024-03-12 16:18 | Report Abuse

Tomorrow I will find a lawyer to sue CTOS regarding my credit score.

Posted by zzzzz > 2024-03-12 16:23 | Report Abuse

yes... a second lawsuit will send CTOS to another new low regardless who win the case

Posted by gohkimhock > 2024-03-12 16:23 | Report Abuse

you need to prove that you failed in the loan application..

Posted by Silent 88888 > 2024-03-12 16:25 | Report Abuse

they think like the johnson baby case lmao sue then can win

Posted by NoTimeToTrade > 2024-03-12 16:31 | Report Abuse

I can share my own experience using CTOS to whip my company's debtors into paying on a timely matter. Malaysian businesses are famous for not paying , but since the introduction of CTOS, we just report them in CTOS system and like magic tomorrow they'll call to beg us to remove the report. Why they desperate? Because whatever loans they taking with bank(s) will be stopped and the banks will tell them to settle this report first. My company have retrieved hundreds of thousands from such bad debtors. Another benefit of CTOS for companies is that if i report this client to CTOS, all the other suppliers of this client will also receive a report mentioning they have been "CTOS-ed". Sometimes my AR department will get notified by Astro, Maxis, TM, TNB, etc etc of companies not paying their bills. LOL! So Yes, we AR (Accounts Receivable department) LoVe~ CTOS, and so do our Bosses! LOL!

Posted by NoTimeToTrade > 2024-03-12 16:34 | Report Abuse

Oh and the point of sharing my experience is that CTOS is basically a copy of what other countries have, it is meant to exist by the encouragement of the government and banking sector. So the judge can make whatever judgement he wants, the Appeals is going to overturn in the best interest of the nation.

Posted by Newinfo > 2024-03-12 17:17 | Report Abuse

Ctos no competitor. All banker financial institutions and businesses. All need to use. I think no any effect of their earning capacity. Today up down is just for us to cooking share price. Tomorrow will back to normal

Posted by fortunefire > 2024-03-12 18:35 | Report Abuse

looks like tomorrow will limit down

Posted by kokchengkai > 2024-03-12 18:36 | Report Abuse

mizieXX yes ,i not sure izzit lucky or what but i understand this pattern ,i very confident is overreact hehehe..i cash out before market close with profit 11 sens profit .satisfie for this decision making

Posted by Neoh10855 > 2024-03-12 19:20 | Report Abuse

Home
CTOS says it's business as usual, not court-barred from providing credit score services
Flash
CTOS says it's business as usual, not court-barred from providing credit score services
By theedgemalaysia.com / theedgemalaysia.com
12 Mar 2024, 06:49 pm
main news image
KUALA LUMPUR (March 12): CTOS Digital Bhd said it will be business as usual for the group as the high court had not barred CTOS Data Systems Sdn Bhd from providing credit score services even though it ruled this week that its subsidiary was not legally empowered to formulate credit scores.

It said in a media briefing on Tuesday that it plans to challenge the court's decision, and insisted that the Credit Reporting Act 2010 allows it to provide such a service.

It also said it has engaged with the Ministry of Finance's Registrar Office of Credit Reporting Agencies and that the regulator has indicated that there is no need for a review of its licence at present following the court's decision.


CTOS has won 12 defamation cases in the past, and is confident the company is in good position to appeal against the High Court decision, the group CEO said, adding apart from the recent defamation case, CTOS has five more such cases pending.

More to come

Read also:
High Court ruling on credit score formulation could invite more lawsuits against CTOS, say lawyers
CTOS Digital loses all gains since listing as court judgement weighs
CTOS not legally empowered to formulate credit scores, High Court rules; CTOS to appeal



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Posted by NatsukoMishima > 2024-03-12 20:56 | Report Abuse

Insider support share price to avoid margin call!

Posted by Kevin Tam > 2024-03-12 20:56 | Report Abuse

The risk n uncertainty is quite high, punters just want fast in fast out to earn 5-7%… Tomorrow, Bursa allow short selling for Ctos? It is possible to retest 1.05-1.07 again tomorrow…

Posted by NatsukoMishima > 2024-03-12 20:56 | Report Abuse

Tomorrow good show

Posted by madmusrz > 2024-03-12 21:27 | Report Abuse

ladies and gentleman..please welcome the final member of our Limit Down Club.....SiiiiiiTosss

Posted by Newinfo > 2024-03-12 22:10 | Report Abuse

Monopoly business. IPO price Rm1. 10. Every quarter announce dividend. EPF is the major shareholders. Last quarter earn more revenue more profit 50m above. Major shareholders Jade vine continue top up. Small cases court settlement. Their service still in uptrend as normal because their are lack of competitor.

Posted by speakup > 2024-03-12 22:10 | Report Abuse

PE of CTOS is still super high 25x

Posted by Newinfo > 2024-03-12 22:15 | Report Abuse

You should follow IPO price Rm1. 10. Their business never made losses. Is continue earn more profit and pay dividends every quarter. If IPO price too high? If yes why you are keen to buy IPO Rm1. 10.

Posted by Newinfo > 2024-03-12 22:16 | Report Abuse

https://theedgemalaysia.com/article/ctos-digital-debuts-main-market-surging-high-rm176-or-66-sen-above-offer-price-rm110

Posted by trader808 > 2024-03-12 22:22 | Report Abuse

1.Humpty Dumpty sat on the wall. Humpty Dumpty had a great fall from 145 to an intra day low of 106 and bound back to close at 125.

2. Considering that Ctos has 2310m shares and at the closing price of 125, it has collapsed 20sen. This also mean RM462m has been erased from its market capital.

3. At one point in time when share price hit 106 it has fallen 39sen. That means RM900m was wiped out from its market capital all because of a court case that required Ctos to pay RM200K in damages.

4.This is the Suriati effect. The impact is brutal and fatal.

5. Don't mess around with pretty woman.
Happy trading
12/3/24

Posted by Newinfo > 2024-03-12 22:30 | Report Abuse

https://www.thestar.com.my/business/business-news/2024/02/06/creador-obtains-more-shares-in-ctos

Posted by t_nike2002 > 2024-03-12 23:06 | Report Abuse

Creador news is outdated la 6 Feb 2024.

Now Creador is trying to convince your guys to buy so that Creador will slowly and secretly off load their shares to those silly retailer…

Only silly retailers will fall into this trap by believing what Creador says

Posted by t_nike2002 > 2024-03-12 23:07 | Report Abuse

Tomorrow SHORT SELL reopens!
TA DA!

Posted by t_nike2002 > 2024-03-12 23:09 | Report Abuse

CTOS is likely to suffer reputational risk from this ruling, as the court’s findings suggest weakness in internal controls, Macquarie said in a note to clients.
“As a self-proclaimed technology company that relies heavily on the integrity of its database, this judgement casts CTOS in a poor light,” Macquarie said.
The court found that CDS was alerted of the inaccurate information but chose to ignore it, according to a court document on the eJudgement Management System sighted by The Edge.

Posted by Newinfo > 2024-03-12 23:10 | Report Abuse

https://klse.i3investor.com/web/insider/detail/SBSH_580994_444597008

Posted by Newinfo > 2024-03-12 23:11 | Report Abuse

Today consider outdated?

Posted by t_nike2002 > 2024-03-12 23:12 | Report Abuse

@Newinfo Open ur eyes and see the difference in the link that you pasted earlier and now….
No surprise by ur poor eyesight and still being conned by Creador

Posted by t_nike2002 > 2024-03-12 23:14 | Report Abuse

Creador is putting up a show to con retailers into supporting the share price while fund managers can continue dumping

Posted by Newinfo > 2024-03-12 23:15 | Report Abuse

I posted previously is the last quarter results higher revenue higher profit of q4.

Posted by Mie7677 > 2024-03-13 02:43 | Report Abuse

carefully...

Posted by NatsukoMishima > 2024-03-13 06:05 | Report Abuse

Today is just the beginning of dump dump game , 50 sens down is expected no surprise !

Posted by speakup > 2024-03-13 07:43 | Report Abuse

Creador was pre-IPO investor of ctos! their cost probably only 10sen!

Posted by icecool > 2024-03-13 08:16 | Report Abuse

good morning lets see how it is today

Posted by Newinfo > 2024-03-13 08:19 | Report Abuse

Creador just bought the share recently. How to buy 10 cents? The market price is RM 1.45

Posted by INVEST_AA > 2024-03-13 09:03 | Report Abuse

Creador is putting up a show to con you guys to support the share price ..While they sell !

Posted by INVEST_AA > 2024-03-13 09:04 | Report Abuse

Big selling volume coming soon!!

Posted by 8u29song > 2024-03-13 09:23 | Report Abuse

steady...

Posted by paktua73 > 2024-03-13 09:38 |

Post removed.Why?

Posted by zzzzz > 2024-03-13 10:45 | Report Abuse

ha.. CTOS's boss die die support at RM1.25 level .... doesn't want the share to change color