Alright, this company is doomed. They play the shareholders like a fiddle. Get ready for a class action lawsuit

Ctos is breaking Rm1.30 again. Shortiest got burned again?

act polite before fighting and hentam the old management thoroughly

I have prepared a series of 'polite' questions (as shown below) for the AGM tomorrow because Malaysians are quite polite one:

1) Financial Management:
a. Can you provide a breakdown of the company's financial performance over the past year?
b. What measures are being taken to address any financial challenges or losses?
c. How does the current financial performance compare to previous years and industry standards?

2) Strategy and Planning:
a. What is the company's strategic plan for growth and sustainability?
b. How are strategic decisions made within the company?
c. Are there any changes to the strategic direction of the company due to recent performance?

3) Governance and Accountability:
a. Can you provide transparency on executive compensation and bonuses, especially in light of performance?
b. How does the board ensure accountability and transparency in decision-making processes?
c. Are there any recent changes to the board composition or governance structure?

4) Operational Efficiency:
a. How is the company addressing any operational inefficiencies or bottlenecks?
b. Are there any plans to streamline operations or cut costs where necessary?
c. What steps are being taken to ensure operational excellence and productivity?

5) Risk Management:
a. How does the company identify and mitigate risks, both internal and external?
b. Are there any emerging risks that shareholders should be aware of?
c. How often are risk management strategies reviewed and updated?

6) Communication and Stakeholder Relations:
a. How does the company communicate with shareholders and other stakeholders?
b. Are there opportunities for shareholders to provide feedback or express concerns?
c. What efforts are being made to improve stakeholder relations and rebuild trust, if necessary?

7) Future Outlook:
a. What is the company's outlook for the coming year and beyond?
b. Are there any anticipated challenges or opportunities on the horizon?
c. How does the management team plan to steer the company through uncertain times?

Big funds like KWAP, ABRDN, CREADOR were tapping in. How are shortiets (IDSS, RSS) going to fight against them? ha

make it limit down before AGM and let the olddie kena hentam more fierce and brutal during AGM

foreign fund (ABRDN) comes and chips in also 😀

After AGM, it surely will limit down. Unless those management are voted out, it's going to drop like a waterfall

So CTOS will either drag or win the recent case

lousy management and yet still could enjoy the substantial increase in director fees for the financial year ending June 30, 2023

Avoid at all cost ! SMI has been filing consistent financial losses since 2019 !

Let's ask this lawyer 😆 https://cilisos.my/ctos-credit-report-agency/

https://klse.i3investor.com/web/blog/detail/LETTER/2024-03-16-story-h-186393387-My_Letter_to_the_Management_in_South_Malaysia_Industries

Hope the old management see this and respond to it

It's pass through RM1.30 resistance alrdy, ain't a dead cat

btw, they also deliberately postponed the annual general meeting, which normally takes place once every 12 months

@Yusof896. That shows that those old management are treating the company more like a private entity rather than a publicly listed company !! Poor shareholders of SMI

People who did IDSS & RSS on CTOS, are crying until no tears now 😄

Exactly. People will hentam the old management first and hit vote for to replace them during the AGM

From all these IBs that present their TP on CTOS today, we can tell that Kenanga is one of the shorties. ha

its AGM is on 27th this month. The old management sure kena hentam one

current price movement is beautiful. Let's see it can close above 0.80 today or not 🤗

That's weird, SMI's annual report does not include form ... old management's problem?

Implementation of e-invoice does create a good sentiment for accounting software business