If it's red again, then can expect a downslide to below 0.30

Short-term performance is still bearish, mid-turn, flat. Any hopes better leave it till its next quarter results

It's not going anywhere yet and, who says it will not drop further? Remember, it doesnt matter what the warrants imply - they are free for stockholders. Only those who bought from free market are taking a gamble.

The fact that its major shareholder is the EPF says volumes of its capability as a financial institution. You have seen its dividends the past year which gives about 10%. You have seen it taken the MIDF under its wings. You have seen it rising from 0.58 to current 0.83 levels. Today, it is testing the 0.84 ceiling and momentum is strong with buyers in control. Breaking this will mean the resumption of its up trend, with next level being 0.90

Monitor from today, charts showing strong rebound since last week. Today, the resistance level to break ia 0.70. Once this is through, with volume, it will confirm uptrend resuming since the last worldwide drop last two weeks.

@bobetlose The dip is here - SYSTECH uptrend starting anytime ..


Not yet, it will have to touch below 0.30 before it goes up. This is the habit

Wait for AGM, good news may be coming.

Good results, can still buy

So much losses in terms of profitability. What on earth is happening?

Take note, long term MA has already shown uptrend.

important or not, this stock is stuck at its old habit. Just hang on until it reaches its 0.26 mark before it starts climbing again.

It's a goner

Institutional selling - wait at 0.59.

Should make a move in 12 more days. Monitor.

Game over, guys. It's the habit of Systech stock. Go down as low as 0.30 and stay there for another year

@11wenhao11, true only if I am swinging. Looking at the logic of longterm investment, I am hopeful for it to beat its warrant strike price or there is no benefit in the company issuing warrants as rewards

It's not heading anwwhere it. It will continue range trading between 0.38-0.42.

M oU doesnt mean anything unless there is follow-through with Letter of Intent and subsequently Agreement.

MBSB has just entered the ichimoku cloud, with strong support at 0.81. If it breaches the 0.84 mark, an uptrend abandoned two weeks ago may be possible.

Looks like blardy con job is going on. The mothershare is priced even lower than the warrant conversion price should you want a conversion

珍珠不会躺在海边。如果你想要一个，你就必须潜入水中去争取

For the last three trading days, this stock is dominated by buyers at levels 0.15-0.165. The charts are showing positive developments with all the 21, 50, 100, and 200 SMAs in the right order and the price hovering on top of all. Although the 26-day chart is ranging, the 9-day indicator are moving up albeit slightly. Could this be the sign of positive news in the background that boosts investor confidence?

By tomorrow, the 100 SMA will cut the 200 SMA from under and signals the beginning of perhaps another run towards 0.85. Let's sit back and watch if this will come true.

There you go, slow and steady

@ChandranG Optimistic about Systech as it will play a major role in the field of artificial intelligence

where did you get the news?

where to get a stock with appreciation value and dish out almost 10% dividends every year?

Fly into the longkang

Sadly Bytedance's investment was linked to Appasia.

@ Eagle77 Low nosh AGMO will become like DUFU 2.60

By that logic, it is undervalued right now if you take Dufu as yardstick. But looking at the trendlines, yes, it is drawing good buyer support.

@jaynetan talking about fundemental

I hope you are right about eConfirm - I also feel with the current government going in big on digital platforms and e-approvals, Appasia will benefit. I remember at a time it hit 0.80 - it does appear to have the potential but whether the current good fortune is sustainable or not, we have to see.

@jaynetan 最近从9.5 分到今日16.5 分。
牛不牛自算计。

Speculative buying and fundamental bullishness are two different things. One is sustainable, the other not.

Needs to break 0.18 to have any meaningful bullish trend. Strong buyer control today, followed through from yesterday's trading with volume. Could this mark some underlying news on the way?

Speculations or real project coming despite so many quarterly losses?

Back to square one.

@Joe I believe Public Bank will be a better choice....will declare higher devident...the price is low.

Public Bank dividend is okay only, not any higher. MBSB payout was 10% last year.

Dividend 3.5sen, meaning RM35 per 1000 shares. Which counter gives that kind of dividend and capital appreciation? It's simple math.

Get your remiser to do it. If you have free warrants, that means you have to pay 0.50 if you want to convert now. Since it has a maturity date, just hang on until the mother share is 0.50 above the warrant then exercise it. Or you could just sell the warrant at any price since it is free already

There, 90. And look at the volume - over 1mil waiting to sell. That should tell you something

Heading for 0.90 it seems

Good show today, likely settle at 0.875. All resistance broken, back to the Golden Mean of its Fibo. Tomorrow will be interesting should it smash through 0.90. Then the bulls will be back. Buyers are still in good control.

Don't hope for the sky - Mother share will likely settle at 0.55 is what one would realistically estimate depending on the Warrant price. That said, 160mil warrants (convertible to shares) will add to existing valuation, hence a perceived dilution. But one would prefer to look at why Systech is raising such funds - which hopefully is in preparation for what is coming in its projects.

As expected, it's going for 0.68, Support will be at 0.60. Breaking 0.68, will put it in strong position to chart new highs.

@choop818 @star899, can please explain why mother share will shoot up after listing of its warrants.

Leverage Effect: Warrants are leveraged instruments. They allow investors to control a larger number of shares with a smaller amount of capital compared to buying the stock outright. This leverage can attract more speculative trading, driving up demand and, consequently, the stock price.

Finally broke the 0.80 mark with good buyup. Bullish trend resumes with strong buy support. Price is out of the clouds and poised for advancement. Hold on to your horses and ride the trend

Superb curves - it is heading for new highs with healthy buyer support. Agmo looks set to be another gem to benefit from the AI infrastructure and cybersecurity support recently.

That is speculative trade. Look at the P&L before jumping in.

@VIJAY99, Not exactly fantastic QR but will do. They are heading in the right direction and the investor sentiment seem solid behind this acquisition and banking status. Share is fairly priced although very much discounted compared with the big boys. But then, here we have a new kid on the block with customer base and experience that will make them a full-fledged institution to be reckoned with.

Good company with 25% float. Less interference by minorities while company is gaining foothold in a competitive field. Trust it will be growing soon into the league of bigger financial institutions

4pm should show some action

Next week, should be showing some momentum. Thursday will signal where it will go. All signs good. Must be big player fishing the past weeks and took profit.

In a week out two, may even break new high at 0.65