Posted by geary > 2022-09-02 19:00 | Report Abuse

Bought #0.24｡◕‿◕｡

Posted by Yu_and_Mee > 2022-09-02 19:40 | Report Abuse

Why I don't see good in this counter. I might be wrong, just share my view.
1. 1,612.78 outstanding shares. This amount of share is too huge and dilute the EPS kao kao.
2. Profit margin too low. Only close to 2.5%. This profit margin is even less than most of EMS companies.
3. Floating shares (other than company founder and co) too huge.

Posted by Goldberg > 2022-09-02 19:45 | Report Abuse

Rakuten Trade values SNS Network Technology shares at 36 sen

Surin Murugiah

theedgemarkets.com

September 02, 2022

KUALA LUMPUR (Sept 2): Rakuten Trade has rated SNS Network Technology Bhd a “buy” at 26 sen with a target price of 36 sen and said coupled with rising demand for ICT solutions due to workplace digitalisation, it expects SNS Network to register net earnings of RM31.8 million for FY23 and RM38.8 million for FY24.

In an investment idea note on Friday (Sept 2), Rakuten said the target price of 36 sen was premised on 15 times price-earnings ratio (PER), 50% discount to its listed peer on Bursa Malaysia due to smaller market capitalisation.

The research house said SNS Network’s commercial channel, which contributed 72.7% to total revenue in FY22, will continue to be the main growth driver.

It said with the new era of subscription-based IT service, device-as-a-service (DaaS), SNS Network will be able to recognise recurring income for five years per subscription.

It said as of April 2022, SNS Network has enrolled 77 DaaS subscriptions worth RM235.55 million.

Telekom Malaysia Bhd was one of the major clients with 45.1% revenue contribution and this strong collaboration was built over the past 19 years.

“SNS has been appointed as Apple Authorised Service Provider since 2014, marketed as 'iTworld'. SNS’s physical store channel comprises 56 brand-specialty stores and seven multi-brand concept stores across Malaysia,” it said.

Posted by OKU_2020 > 2022-09-03 08:33 | Report Abuse

Fair Value 25 sen only... Billions of shares - too much too heavy... With Dow jone /Nasdaq further collapsed... 20 sen coming soon... SNS sell computers, printers like Senheng for TV, , many competitors....

Posted by Vicky > 2022-09-03 15:12 | Report Abuse

Take note SNS is looking after the hardware

Posted by Yu_and_Mee > 2022-09-03 15:15 | Report Abuse

@OKU_2020 is correct. Same view as mee.

Posted by OKU_2020 > 2022-09-03 16:54 | Report Abuse

Yu_and_Mee
@OKU_2020 is correct. Same view as mee.
1 hour ago
-------
the fair value of 25 sen given by Broker's firm TA , not by me O K U @Otai Kuat Umno
after all open on listing perfectly @ 25 sen - then down to 23 sen
it's merely another SENHENG - nothing special mehh

Posted by ampabella > 2022-09-04 17:24 | Report Abuse

next week potential to fly to 0.30cts, my personal feeling @ leng kam

Posted by cuhar > 2022-09-04 23:03 | Report Abuse

closed 26.5 sen . heavy collecting at 24.5 leng gam can get starbucks machiato at 29

Posted by cuhar > 2022-09-04 23:06 | Report Abuse

happy sipping and drawing NIKE logo for SNS

Posted by victor > 2022-09-05 07:36 | Report Abuse

first day cannot red one ma....

Posted by Goldberg > 2022-09-05 09:11 | Report Abuse

TP 36 sen.

A“buy” at 26 sen with a target price of 36 sen and said coupled with rising demand for ICT solutions due to workplace digitalisation, it expects SNS Network to register net earnings of RM31.8 million for FY23 and RM38.8 million for FY24.

Rakuten.

Posted by OKU_2020 > 2022-09-05 09:20 | Report Abuse

Trap
TP merely 25 sen by Brokers firm TA
Too much - Glut of shares issued
20 sen on the way...!!

Posted by Vicky > 2022-09-05 10:51 | Report Abuse

Set to buy @ 20 cents. Kiss kiss

Posted by OKU_2020 > 2022-09-05 14:27 | Report Abuse

Losing steam & Kaputing
TO >> 20 SEN

Posted by OKU_2020 > 2022-09-05 14:36 | Report Abuse

VVRROOOOOOOOOOOOOOM
b4 it's too late
syndicate THROWINGGGG
Another SENHENG....what do you expect from this SNS mehh
Many in HOT TOM YAM / HOT SOUP edi....

Posted by 8899EL8899 > 2022-09-05 14:40 | Report Abuse

the first day of ipo did not go up more than 50%,........sns unlikely to run up in future,........more downward potential like senheng,.......because the big boses inside are selling now,........

Posted by OKU_2020 > 2022-09-05 14:46 | Report Abuse

Short lived euphoria - many trap liao
and now in hot tomyam
BOOOO CHOWWW CCCCCC

Posted by cheahgood > 2022-09-05 14:49 | Report Abuse

bodoh sns..welcome on 02 Sep and goodbye on 05 Sep

Posted by cheahgood > 2022-09-05 14:50 | Report Abuse

hahaha...counter bodoh, only can sustain for 2 days... those bodoh said 33cents or 36cents... so bodoh

Posted by cheahgood > 2022-09-05 14:51 | Report Abuse

the only room for sns is 15cents.. who still hold sns is bodoh... haha

Posted by paktua73 > 2022-09-05 15:09 |

Post removed.Why?

Posted by OKU_2020 > 2022-09-05 15:12 | Report Abuse

cheahgood
the only room for sns is 15cents.. who still hold sns is bodoh... haha
---------
business model is like SENHENG.....too much competitors
yesss can't rule out 20 sen ...even further collapsed to 15 sen

Posted by fairyz > 2022-09-05 15:23 | Report Abuse

wow strong distribution just before lunch time

wonder if market would stage another rally on this counter....the QR/FA report is out today


Let's see what happen onwards....

Posted by Apple2353 > 2022-09-05 15:29 | Report Abuse

volume ada tapi tak jalan.

Posted by Silent88 > 2022-09-05 15:44 | Report Abuse

All say like sengheng, totally different concept of business

Posted by paktua73 > 2022-09-05 15:47 |

Post removed.Why?

Posted by Yu_and_Mee > 2022-09-05 15:52 | Report Abuse

tut tut

Posted by paktua73 > 2022-09-05 15:56 |

Post removed.Why?

Posted by paktua73 > 2022-09-05 16:13 |

Post removed.Why?

Posted by paktua73 > 2022-09-05 16:33 |

Post removed.Why?

Posted by Silent88 > 2022-09-05 16:36 | Report Abuse

Haha good one, Dont run half way like coraza

Posted by paktua73 > 2022-09-05 16:45 |

Post removed.Why?

Posted by Silent88 > 2022-09-05 16:54 | Report Abuse

Hope paktua not already very tua

Posted by jeffrey1166 > 2022-09-05 17:17 | Report Abuse

sns can hit 0.5 mm target

Posted by ampabella > 2022-09-05 23:00 | Report Abuse

SNS ai lai leow....somebody said late september can hit 0.50cts
whonya bor....saya pon not sure.....let wait and see
if betul dapat 2 lorries besar mau sang durian

Posted by OKU_2020 > 2022-09-06 09:42 | Report Abuse

What do you expect from this LEMBIQ SNS...
Wasting time... Another SenHeng in the making...
SNS To RIP ( Rest in Peace ) @20 SEN
BTW today T + 2 ....tomorow T + 3 force selling - getting worst !

Posted by paktua73 > 2022-09-06 10:30 |

Post removed.Why?

Posted by paktua73 > 2022-09-06 10:33 |

Post removed.Why?

Posted by paktua73 > 2022-09-06 10:34 |

Post removed.Why?

Posted by Vicky > 2022-09-06 13:56 | Report Abuse

Time to dive as Nasdaq another melt down from Fed interest rate hike without remorse

Posted by Yu_and_Mee > 2022-09-06 13:58 | Report Abuse

14bil shares. please lah, this is not a good stock to test at all

Posted by BE_GREEEEEDY > 2022-09-06 15:22 | Report Abuse

I am back with a BANGG
ATTACCKKKKKKKKKKKKKKKKKKKKKKKK !
40 SEN Closing today ??
#BeGREEEEEEEEEDY when others are SHIVERINGGG - W Buffett

Posted by kopi peng > 2022-09-06 15:31 | Report Abuse

yes why 14b ?

Posted by Yu_and_Mee > 2022-09-06 15:35 | Report Abuse

only mention wrong bil, people will go to find out.
1.6bil share not huge?
EPF only .....
Profit margin only ....
not a good stock

Posted by paktua73 > 2022-09-06 15:57 |

Post removed.Why?

Posted by anaktimurlaut > 2022-09-06 16:13 | Report Abuse

Still holding to my 250,000 units of SNS shares. Managed to add another 50,000 when it was at 24 sen. The company is making profit, so why worry?

Posted by paktua73 > 2022-09-06 17:17 |

Post removed.Why?

Posted by paktua73 > 2022-09-07 08:17 |

Post removed.Why?

Posted by paktua73 > 2022-09-07 08:25 |

Post removed.Why?