CTOS DIGITAL BERHAD

KLSE (MYR): CTOS (5301)

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Last Price

1.22

Today's Change

-0.03 (2.40%)

Day's Change

1.22 - 1.25

Trading Volume

2,156,800


5 people like this.

2,297 comment(s). Last comment by Mitchell79 3 days ago

AlphaCapX

70 posts

Posted by AlphaCapX > 2024-06-18 17:32 | Report Abuse

Breaking RM1.45. Looks like it's heading towards RM1.50 as said before. Patience for this stock.

JrWarren

134 posts

Posted by JrWarren > 2024-06-18 18:10 | Report Abuse

after panic sales, the price went up to normal stage again.
financial institutions remained the primary source of revenue. congratz to the buyer who bought during the panic selldown.

ChandranG

367 posts

Posted by ChandranG > 2024-06-19 15:11 | Report Abuse

ABRDN continues to collect CTOS and has high hopes for CTOS 😃

ChandranG

367 posts

Posted by ChandranG > 2024-06-26 11:28 | Report Abuse

looks like EPF and ABRDN sold Kossan and then bought this CTOS

Mitchell79

154 posts

Posted by Mitchell79 > 2024-06-27 19:28 | Report Abuse

CTOS Digital could extend upside movement, says RHB Retail Research
https://theedgemalaysia.com/node/716812

ChandranG

367 posts

Posted by ChandranG > 2 months ago | Report Abuse

CTOS will back to RM1.50 floor in one day 🤗

sherene08

163 posts

Posted by sherene08 > 2 months ago | Report Abuse

The Court of Appeal (COA) on Tuesday overturned a High Court decision that required CTOS Data Systems Sdn Bhd (CDS) to pay RM200,000 damages to a businesswoman earlier this year.

A three-member bench, led by judge Datuk Lee Swee Seng, in allowing CDS’ appeal, ruled that there was no defamation, no negligence, and no breach of statutory duty by the credit-rating agency.

The bench also ruled that the High Court decision or ruling made earlier this year that gave businesswoman Suriati Mohd Yusoff the damages was erroneous.


In addition, Lee, who sat with judges Datuk Azimah Omar and Datuk Azmi Arifin, ordered Suriati to pay costs of RM65,000.

CDS was represented by Datuk Malik Imtiaz Sarwar, Ashok Kandiah, and Khoo Suk Chyi. They separately confirmed the decision and brief broad grounds to The Edge.

Imtiaz said the decision on Tuesday is an important decision for the credit-rating industry.

U1818

700 posts

Posted by U1818 > 2 months ago | Report Abuse

https://www.msn.com/en-my/money/topstories/coa-overturns-high-court-decision-that-required-ctos-to-pay-damages-to-businesswoman/ar-BB1pEA5k

COA overturns High Court decision that required CTOS to pay damages to businesswoman

U1818

700 posts

Posted by U1818 > 2 months ago | Report Abuse

Today can see RM1.50 or not ?? Go Go Go...

TJLLl98

4 posts

Posted by TJLLl98 > 2 months ago | Report Abuse

counter suspended

Posted by NoTimeToTrade > 2 months ago | Report Abuse

Kan I dah kata, the judge was mulut celupar, if his honour kept his opinion to himself, then the businesswomen could've gotten compensation, now because of him, the high court had to throw the entire judgement out.

zzprozaz

193 posts

Posted by zzprozaz > 2 months ago |

Post removed.Why?

Mitchell79

154 posts

Posted by Mitchell79 > 2 months ago | Report Abuse

Then that businesswoman need to pay CTOS for wrongful prosecution ...? 😆

U1818

700 posts

Posted by U1818 > 2 months ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/07/10/ctos-court-win-alleviates-overhanging-business-risk-say-analysts


"This is a positive win for CTOS but we reckon that the market has baked in a victory ahead of today’s court outcome; this is because its price had recovered to RM1.45 a share from a low of RM1.05 a share when the negative High Court ruling was first announced," said Hong Leong Investment Bank (HLIB) Research in an update.

"That said, before the price plunge, CTOS only managed to reach a one-year peak of RM1.52 a share and most of the time it was oscillating sideways."

The research firm expects the share price upside moving forward to be limited. It reiterated its "hold" recommendation but raised the target price to RM1.60 from RM1.50.

RHB Research, meanwhile, maintained its "buy" call and raised its target price on CTOS to RM1.84 from RM1.77.

"We lower the risk premium given the legality of credit scoring in CRA business is now settled and the dismissal of this dangerous precedent stemming from the initial High Court’s ruling may prevent a floodgate of claims against CTOS," it said in a note.

Kenanga Research upgraded CTOS to "outperform" from "underperform" with a higher target price of RM2 from RM1.15 previously.

U1818

700 posts

Posted by U1818 > 2 months ago | Report Abuse

HLIB
RM1.50 >> RM1.60

RHB
RM1.77 >> RM1.84

Kenanga
RM1.15 >> RM2.00

ChandranG

367 posts

Posted by ChandranG > 2 months ago | Report Abuse

Hold until it achieves Kenanga's TP

Posted by NoTimeToTrade > 2 months ago | Report Abuse

hold CTOS until you old, this industry is a forever business, for 20 years since i came back from UK, i have wondered why malaysia still don't have any way to buy solid info on private companies. In UK people buy and sell micro and small businesses on a daily basis because they can check the health of the business, unlike here in the past we had to GAMBLE to buy someone else's business.

Volz4321

92 posts

Posted by Volz4321 > 2 months ago | Report Abuse

Just fly already,

ChandranG

367 posts

Posted by ChandranG > 2 months ago | Report Abuse

Wasatch Advisors, Inc. provides investment advisory services. The Company offers asset management, investment advisory, and financial planning services. Wasatch Advisors serves customers in the States of Utah and Wisconsin 🤓

https://klse.i3investor.com/web/insider/detail/SBSH_590548_73552548

ChandranG

367 posts

Posted by ChandranG > 2 months ago | Report Abuse

Continue to collect until it breaks RM1.50

fregend

561 posts

Posted by fregend > 2 months ago | Report Abuse

time to shine when others are down

Mitchell79

154 posts

Posted by Mitchell79 > 2 months ago | Report Abuse

Ctos also follow others downhill 😅

ChandranG

367 posts

Posted by ChandranG > 2 months ago | Report Abuse

Downhill or not, just keep collecting until it flies high 😁

ChandranG

367 posts

Posted by ChandranG > 1 month ago | Report Abuse

CTOS’ 2Q net profit up 20.7% on higher contribution from all customer groups 🔥

https://theedgemalaysia.com/node/721312

mf

28,681 posts

Posted by mf > 1 month ago | Report Abuse

Dow futures fall 300 points as Amazon drops after earnings, jobs report ahead

fregend

561 posts

Posted by fregend > 1 month ago | Report Abuse

whole market on sales

Mitchell79

154 posts

Posted by Mitchell79 > 1 month ago | Report Abuse

Ya, 4% - 8% discount

ChandranG

367 posts

Posted by ChandranG > 1 month ago | Report Abuse

1 day offer only 😄

fregend

561 posts

Posted by fregend > 1 month ago | Report Abuse

ya epf also sapu more got div coming

Mitchell79

154 posts

Posted by Mitchell79 > 1 month ago | Report Abuse

Local funds are re-entering the market

ChandranG

367 posts

Posted by ChandranG > 1 month ago | Report Abuse

Actually local institutions were buying when the market crashed on Monday

Volz4321

92 posts

Posted by Volz4321 > 1 month ago | Report Abuse

when this one gonna fly;still waiting

fregend

561 posts

Posted by fregend > 1 month ago | Report Abuse

back to 1.40 only see now boring

Mitchell79

154 posts

Posted by Mitchell79 > 1 month ago | Report Abuse

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

Posted by NoTimeToTrade > 1 month ago | Report Abuse

rhtc88, come tell us, what's your average price?

Mitchell79

154 posts

Posted by Mitchell79 > 1 month ago | Report Abuse

You sound like that businesswoman, rhtc88 😂

Mitchell79

154 posts

Posted by Mitchell79 > 1 month ago | Report Abuse

Now you look like her, rhtc88 😆

ChandranG

367 posts

Posted by ChandranG > 1 month ago | Report Abuse

Don't mind him. Anyway, CTOS ups its dividend policy payout to 70%

https://www.thestar.com.my/business/business-news/2024/08/19/ctos-ups-its-dividend-policy-payout

ChandranG

367 posts

Posted by ChandranG > 3 weeks ago | Report Abuse

Court orders Teh Brother Timber Sdn Bhd to pay RM200,000 for false info to CTOS. Dnt play play

https://www.freemalaysiatoday.com/category/nation/2024/09/05/court-orders-company-to-pay-rm200000-for-false-info-to-ctos/

iscmob

52 posts

Posted by iscmob > 2 weeks ago | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482947

"Reference is made to the previous announcements released on 11 March 2024, 14 March 2024, 3 April 2024, 9 July 2024 and 8 August 2024 in relation to the litigation case between Suriati binti Mohd Yusof ("Plaintiff " / “Applicant”) and CTOS Data Systems Sdn Bhd (“Defendant” / "CDS"). The Board of Directors of CTOS wishes to update on the progress of this case.



The Federal Court has fixed Case Management on 23 October 2024 and Hearing on 6 November 2024 for the Applicant’s Motion for permission to appeal to the Federal Court against the decision of the Court of Appeal on 9 July 2024 allowing CDS’ appeal.



CDS has been advised by its solicitors that there is high prospect in successfully opposing the Applicant’s Motion.

..."

Mitchell79

154 posts

Posted by Mitchell79 > 1 week ago | Report Abuse

She will lose for sure 😗

fregend

561 posts

Posted by fregend > 1 week ago | Report Abuse

lucky i move on early, no power this stock

Posted by berbolabiru > 1 week ago | Report Abuse

Institutional buy.. retail sell

Mitchell79

154 posts

Posted by Mitchell79 > 3 days ago | Report Abuse

Local fund sold recently also ...

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