Meisarel, from history of acquisition, redtone might have acquired it earlier in April via inter pac nominees. Just that the announcement is made today. Average price could be lower around 1.4-1.60. sorry, if I am wrong

https://www.klsescreener.com/v2/announcements/view/7366423

The company has secured RM85.52 million purchase order for AI super servers from a leading e- commerce platform in S.E Asia and Taiwan. This order is to supply a data centre located in Johore Bahru and are expected for delivery in August 2024. To highlight to you, Johore Bahru is the fastest growing market for data centre in S.E Asia.

The growing demand of AI super server, could uplift SNS financial performance with gross profit margin of 15% which is higher than the existing core business (which contribute gross profit margin 5%). So, combining both AI frenzy and its existing commercial channel remains major contributor for the revenue, it is anticipated SNS earnings to grow for FY2024-FY2027 at CAGR 39%

SNS also maintain a solid balance sheet, with a gearing ratio of 0.13 times as of 4Q FY2024. Together with 3% FY2025F dividend yield, SNS is an attractive proposition at 11 times FY2025F per earning ratio. As of today, the increased 369% market capitalization derived from an increase of PE from 8.1 to 52.47.



The future is bright and diverse. With more data centre being set up in the country, the demand for Ai super servers will continue to be strong for the next few years. On going, SNS has upgrade their offerings including cloud computing and cybersecurity solutions.



I foresee more to come for SNS. As many analysts quoted, the worst is over for technology sector. This connotation applies to darling SNS with in near term there is still 60% chance the price to go higher from its current value after one year. To support this statement, order book already hit above target, strong revenue growth driven by expansion plans and strategic contracts to be announced soon.



Warm regards,

Lily of the Valley
https://klse.i3investor.com/web/blog/detail/Fact/2024-07-11-story-h-157055946-MONUMENTAL_STEPS_IN_SNS_NETWORK_JOURNEY

https://focusmalaysia.my/tabung-haji-backed-theta-edge-flying-high-due-to-its-ability-to-optimise-its-ict-centric-core-biz/

https://klse.i3investor.com/web/blog/detail/Fact/2024-07-01-story-h-157946546-THE_RACE_FOR_NIISE_WHO_GETS_THE_CAKE

Theta Edge Bhd, bolstering cybersecurity and digital transformation in Malaysia

Malaysia is second in Asean and 23rd in the world in term of artificial intelligence readiness. We have an attractive landscape for multinational companies to relocate high- tech manufacturing here and considering this Malaysia has attracted investments such as Google, Amazon Web Services (AWS), Microsoft and Nvdia.
The aggressive adoption of new technologies such as AI and cloud computing however could expand potential prime targets for cyber threats such as; data leak, data breach and ransomware attacks. To date, the top five industries affected by cyberattacks are manufacturing, technology, media and telco, professional services, and retails. Organisations need to be aware that cyber criminals use a variety of sophisticated methods to hack into systems with newer methods being created all the time. These evolving cyber threats underscore the need for Malaysian corporations and government agencies to strengthen their cyber defends.

How Theta Edge could assist from here.

Lembaga Tabung Haji is its largest shareholder with a 27.28% stake, followed by Threadstone Capital Sdn Bhd with 13.56%. Theta has a comprehensive cybersecurity system that could reinforce digital fortress. With expertise they have, Theta understands local market dynamic and poise to drive a paradigm shift in Malaysia’s digital landscape.
Theta has deployed their system with few organisations intended for digital identity products, private enhancement, and interoperability. Collectively Theta has appointed Wepay System Sdn Bhd as the exclusive technology partner to develop a fully integrated and multi-functional digital platform for Malaysia.

In concurrence to digital transformation and strengthening cyber defends, Theta has entered an MOU with Cybernetica to develop digital identity solution and cybersecurity. This alliance signifies its relentless pursuit of bringing technology and solutions to Malaysia and the broader ASEAN region.
Theta has entered an MOU with Novamsc Sdn Bhd an E-Solutions provider to join forces on healthcare, public sector and applied Artificial Intelligence (A.I). this strategic partnering will benefit e-government solution and ready to deploy software.

Moreover, Theta has been shortlisted to get the cake for National Integrated Immigration System (NIIse). This new system is equipped with the latest technologies such as AI, Internet of Things (IoT) and Big Data Analytics (BDA), and multifactor authentication. An important phase to ensure country is protected from increasingly challenging security threat. This most anticipating news will be released soon.

Moving forward, many more exciting news in the pipeline to be announced as Theta in the midst exploring new growth with global players for installation of solutions and project management works and building infrastructure, and securing government contracts. This monetisation of core products will drive Theta’s journey towards a market capitalisation of RM2 billion.

Regards,
Lily of the valley

I'm just dropping by here. Seems sunyi

Who said nobody here.. I'm here hehe

We'll see it breaking 40c soon

This one has been sleeping for a very long time, break 73 reversal is on its way

We will see it to sustain above 40 next week

https://soyacincau.com/2023/07/20/tesla-malaysia-supercharger-pavilion-sunway-gamuda-mrcb-quill-levncapital/

Yes can..still undervalue

Hello i park here today. Lets see where it goes

Letsgo TP RM 2

Something to ponder. TS Wong keep increasing his stake in Cuscapi and disposed some MYEG and Agmo shares. Likely to move soon?

Good stock like this should just hold dearly. Minimum 1.50

15/18/20

Im here! Let's go.

Rumors has it YB tiong inside

Something brewing with Wong. Ride before its too late