heheheag pang..
paktua also wait rr88 come here woo..



tut tut
hehehe

hahaha..OKU how your prediction on lgms n infotec..
all kabut berkecai kiri kanan haha..
who believe on OKU die early laa haha..


tut tut
hahaha

sns not like other tech counter yer..
sns just 8 day born..
so to retrace deep abit hard to happened..
even paktua strong believe rm0.275 is bottom for now..
so rm0.28 is retrace level..
now all tech is deep red storm..
but sns still safe n strong sail thru it..



tut tut
this week is good time to reload bcoz level still below rm0.29

paktua still strong believe now is good time to
reload..on rm0.28 is real cheap..
if we see new born like infotec..
on early week alo slow..
now above rm0.43
so are sns to expensive on rm0.28-0.29?



tut tut
always grab on right opportunity

their can do but..
if we see on momentum n rally pattern sns
more better then other tech counter..
remember tech really sensitive on sentiment specially on cpi,fed,moving politic sentiment..


tut tut

sns will stand strong range rm0.275-0.285

base on paktua experience when nosh huge..
to press down nees huge fund..
to throw out..
but yesterday almost buying only retailers..
so big chunk save on good trader..



tut tut
so 0.28 hope can sustained

morning president oopps polycarp..
good make clear on it..


sns is the best ship to sail on res wave..
sns will safe sail n healthy move..
on short term rm0.30 is closer to reach..
on nov we can see sns will reack rm0.45.



tut tut
why paktua choose sns on red storm?
anda will fine good reason on it

if we see sns just born n he born on right time..
on tech trending..
on volatile market round the world..
sns have advantage to thru all red wave..
with good n strong business segment..
secure contract with government n glc..

and with strategic huge nosh on open market..
its hard to manipulate..
so healthy moving will in sns side..

we can see sfp also huge nosh on early stage also slow move..
base on that paktua can say..sns will more move ahead rather then down..


with good prospek business grow..
paktua confidence sns will hit rm0.45
just a matter of time


tut tut
so to hit rm0.30 adakah ia mustahil?

SNS NETWORK TECHNOLOGY BERHAD

Exchange:  Bursa Malaysia
Country Code:  MY
Currency:  MYR
Sector:  TECHNOLOGY
Subsector:  TECHNOLOGY EQUIPMENT
Index Group: 
Category:  ORDINARY SHARE
Syariah Flag:  Yes

SNS Network Technology Berhad (SNT) foresees rising spending from businesses, government agencies andeducational institutions on upgrading information technology (IT) platforms as part of their digitalisation plan to provide support for hybrid working arrangements and e-learning options.
Managing director Ko Yun Hung said the company is set to ride on the growing demand for information, communication and technology (ICT) products and services as there is no sign of a slowdown in spending from the public and private sectors to upgrade their IT system.

The outbreak of the Covid-19 pandemic in 2020 and 2021 had led to the imposition of movement restrictions by the government to curb the spread of the virus.

"This had boosted the demand for ICT products and services due to working from home arrangements and online classes for students.

Ko said SNT will further expand its device-as-a-service (DaaS) subscription-based IT service after listing.

Since the opening of all economic sectors, we have seen a surge in demand for DaaS subscription-based IT service from the public and private sectors.

"In view of the potential growth from this segment, SNS Network will further expand its DaaS subscription-based IT service offerings to more customers," he further added.

DaaS is a model for device leasing offered to customers based on monthly subscription payments.

The service provides customers with the flexibility to adjust their usage according to their latest business and operational needs to avoid large capital expenditure for bulk purchase of ICT products.

Since 2020 and up to 30 June 2022, SNT has entered into 82 DaaS subscriptions with a total subscription value of RM255.86 million and received 75 enquiries from governmental bodies and public-listed companies.

SNT has entered into contracts with 26 governmental bodies amounting to RM247.49 million and three public listed companies amounting to RM0.55 million.

Based on enquiries from potential customers, SNT will purchase ICT products such as desktops, laptops, interactive smartboards, workstations, digital signages, printers and servers to support the expansion of the service.



sns have it business not to depending on retail..
have contract with government..
also with glc..

sns main key will grow is
device-as-a-service (DaaS)

Since 2020 and up to 30 June 2022, SNT has entered into 82 DaaS subscriptions with a total subscription value of RM255.86 million and received 75 enquiries from governmental bodies and public-listed companies.

SNT has entered into contracts with 26 governmental bodies amounting to RM247.49 million and three public listed companies amounting to RM0.55 million.

DaaS is a model for device leasing offered to customers based on monthly subscription payments.




tut tut
thats why sns will grow better then senheng..

short fa view..



SENHENG NEW RETAIL BERHAD

Exchange:  Bursa Malaysia
Country Code:  MY
Currency:  MYR
Sector:  CONSUMER PRODUCTS & SERVICES
Subsector:  RETAILERS
Index Group:  CONSUMER PRODUCTS & SERVICES
Category:  ORDINARY SHARE
Syariah Flag:  Yes

Senheng is the largest consumer electrical and electronics chain retailer in Malaysia with a chain of 105 physical stores — operating under four different store concepts, namely Grand Senheng Elite, Grand Senheng, Senheng and senQ — which are located throughout Malaysia and online platforms, while carrying around 10,000 stock-keeping units from over 280 different brands, according to its prospectus.

At a virtual press conference following the listing ceremony on Tuesday, Senheng executive chairman Lim Kim Heng said that Senheng's plan to grab a further 30% market share is not too difficult to achieve after the IPO as it had seen double-digit growth before the Covid-19 pandemic.

“[If] you look at the global business environment, it seems like our timing is not very right and, of course, we cannot demand a premium valuation. 

But the fundamentals of our business are on the right track. We will be announcing our fourth-quarter results next month and we hope that our investors will be happy. Our focus for the next two to three years will remain on growing revenue, net profit and the return on investment for our investors,” Lim replied when asked if the IPO timing was optimal.

He added that Senheng does not have plans to expand overseas but instead plans to focus exclusively in Malaysia by becoming the “territory champion” within five kilometres of its outlets.

about the impact of inflation and its plans to manage its inventory, Lim noted that the effect of inflation can be felt across the board from electrical and electronics products to food and consumer goods. 

“We are a bit lucky as we have good relationships with our business partners, and we managed to stock up on our inventory to try and offer the same prices for as long as we could until our inventory runs out. 

“It seems like the trends, such as logistics and chip shortages, could not be solved by anyone now, so we have to pay a premium for the products. We expect prices to increase in the second half of the year,” Lim admitted.

However, the excess inventory held by Senheng would not be a big issue and would not affect the group’s bottom line as it is able to market and sell its products better than its competitors despite taking slightly longer to deliver the products to customers, according to him.

FY21 financial performance remained 'respectable' despite lockdowns

The retail group on Jan 3 reported its financial results for the cumulative nine months ended Sept 30, 2021, with a 21.22% increase in net profit to RM34.05 million, versus RM28.09 million a year ago, on the back of a 12.29% improvement in revenue to RM987.72 million from RM879.6 million despite facing almost two months of store closures caused by Covid-19 pandemic-related measures.

thats ipo view..


on this we seee how different business aspects..
senheng big depend on retail segment..
its huge risk on business growing..
people have alot of choices..



tut tut
stay tune

let we see basic category both counter..

1-SENHENG NEW RETAIL BERHAD

Exchange:  Bursa Malaysia
Country Code:  MY
Currency:  MYR
Sector:  CONSUMER PRODUCTS & SERVICES
Subsector:  RETAILERS
Index Group:  CONSUMER PRODUCTS & SERVICES
Category:  ORDINARY SHARE
Syariah Flag:  Yes

2-SNS NETWORK TECHNOLOGY BERHAD

Exchange:  Bursa Malaysia
Country Code:  MY
Currency:  MYR
Sector:  TECHNOLOGY
Subsector:  TECHNOLOGY EQUIPMENT
Index Group: 
Category:  ORDINARY SHARE
Syariah Flag:  Yes




tut tut
stay tune..

before thats let we always remember..
need to know who is OKU 2020..

==========
hehe OKU_2020..
how you need to say..
all below your post on
sfp,agmo,infotec wrong..

sns also will prove to you your say also wrong
haha

now try read below..

============

Stock: [AGMO]: AGMO HOLDINGS BERHAD
OKU_2020 seems a deadly TRAP.....
RUNNNNNNNNNNN for your live
18/08/2022 9:16 AM


Stock: [LGMS]: LGMS BERHAD
OKU_2020 Terfuduk
2022-06-09 11:00 | Report Abuse


Stock: [LGMS]: LGMS BERHAD
OKU_2020 Suffering due to TRAP SET BY SYNDICATE
#Azab...
2022-06-09 09:31 | Report Abuse


Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD
OKU_2020 The got to soldier ON... Hopefully to ENTICE innocent Newbies... Hmmm
2 months ago | Report Abuse


Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD
OKU_2020 Seems this Operator in Hot Soup... Sweating trying fighting the Gloomy Bursa/Global Market... They are digging their own grave yard....Good luck he he he
2 months ago | Report Abuse


Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 Miti addicts Kena PREQQ kaw kaw
1 month ago | Report Abuse



Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 Condolence to the FALLEN Comrades... NEXT Those getting ECOScience IPO in jeopardy/can't sleep liao
2 months ago | Report Abuse

Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 another Killer IPO
20 sen tomorow
2 months ago | Report Abuse

Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 wasting time apply ipo...
can get cheaper today ..25 sen
miti addicts sweating now !!
seems IPO market is DEAD lately
2 months ago | Report Abuse

Stock: [AGMO]: AGMO HOLDINGS BERHAD
OKU_2020 seems a deadly TRAP.....
RUNNNNNNNNNNN for your live
3 weeks ago | Report Abuse

Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD
OKU_2020 Syndicate off loading n RUNNNNNN with $$$
1 week ago | Report Abuse

Stock: [AGMO]: AGMO HOLDINGS BERHAD
OKU_2020 Game overrr
RUNNNNNNNN
1 week ago | Report Abuse

============


OKU_2020 so lembiq
seems impoten* around the ipo price
Any special tonic to arouse this Lembiq SNS haaa ?
12/09/2022 10:05 AM

============

OKU_2020 SNS remained LEMBIQ !...
lomah sah what jang oiii...impoten*
after all SNS is NO AGMO...SNS is NO SFP TECH
Actually SNS is MINI SENHENG - now kaput from RM 1.07 collapsed to around 60 -70 sen
13/09/2022 9:25 AM
===========


tut tut
adakah anda ada masa nak pening pasal OKU_2020?

morning OKU let we compare with senheng yer..
sns its not like senheng..
sector also different..


tut tut
stay tune

yes..now rm0.28 still can grab..
but will less n less opportunity..
when sns break rm0.30..
who in today will Smile big..

tut tut
let ride more

morning..
last night..koboi all green..
hope sns can continue rally..
wish today sns can break new high again..



tut tut
to the journey rm0.45 we will go..

morning..
nasdaq green..dowjones green..
coraza sure big greeennnnn..


tut tut
let see how can break new high today?

great sns can closed at rm0.28..
today sns break new high rm0.29..

tut tut
like sfp on early week..

hahaha when oku come..
sns will wake up..
see now


tut tut
hehehe

hehe OKU_2020..
how you need to say..
all below your post on
sfp,agmo,infotec wrong..

sns also will prove to you your say also wrong
haha

now try read below..

============

Stock: [AGMO]: AGMO HOLDINGS BERHAD
OKU_2020 seems a deadly TRAP.....
RUNNNNNNNNNNN for your live
18/08/2022 9:16 AM


Stock: [LGMS]: LGMS BERHAD
OKU_2020 Terfuduk
2022-06-09 11:00 | Report Abuse


Stock: [LGMS]: LGMS BERHAD
OKU_2020 Suffering due to TRAP SET BY SYNDICATE
#Azab...
2022-06-09 09:31 | Report Abuse


Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD
OKU_2020 The got to soldier ON... Hopefully to ENTICE innocent Newbies... Hmmm
2 months ago | Report Abuse


Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD
OKU_2020 Seems this Operator in Hot Soup... Sweating trying fighting the Gloomy Bursa/Global Market... They are digging their own grave yard....Good luck he he he
2 months ago | Report Abuse


Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 Miti addicts Kena PREQQ kaw kaw
1 month ago | Report Abuse



Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 Condolence to the FALLEN Comrades... NEXT Those getting ECOScience IPO in jeopardy/can't sleep liao
2 months ago | Report Abuse

Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 another Killer IPO
20 sen tomorow
2 months ago | Report Abuse

Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 wasting time apply ipo...
can get cheaper today ..25 sen
miti addicts sweating now !!
seems IPO market is DEAD lately
2 months ago | Report Abuse

Stock: [AGMO]: AGMO HOLDINGS BERHAD
OKU_2020 seems a deadly TRAP.....
RUNNNNNNNNNNN for your live
3 weeks ago | Report Abuse

Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD
OKU_2020 Syndicate off loading n RUNNNNNN with $$$
1 week ago | Report Abuse

Stock: [AGMO]: AGMO HOLDINGS BERHAD
OKU_2020 Game overrr
RUNNNNNNNN
1 week ago | Report Abuse

============


OKU_2020 so lembiq
seems impoten* around the ipo price
Any special tonic to arouse this Lembiq SNS haaa ?
12/09/2022 10:05 AM



tut tut
adakah anda ada masa nak pening pasal OKU_2020?

=====
OKU_2020 sns confirmed lomah sahwhat / impoten*
wasting time on this lembiq ipo
can't rule out >> TO RIP ( Rest In Peace ) @ 20 sen
12/09/2022 4:11 PM
=====
how about your prediction on lgms,agmo,sfp, infotec??
all kelaut jer..
here also will prive your will wrong



tut tut
Hehehe

kikiki..
paktua will seal your post as sweet love letter
hahaha

President i very dislike ppl to copy and repost my comment. so should stop talk with 73 onward --""BANG BANG ""...!!
12/09/2022 4:16 PM

paktua neve hate polycarp..


tut tut
hehe

========
paktua73 paktua n red legion still strong in tsh..
our aim only rm1.23-1.24..

n we also..
heavy on tech
1-coraza
2-cnergen
3-lgms
4-sfptech

all paktua set tp above rm1.30


tut tut
we only swing legions we sail on opportunis sea..
12/08/2022 10:06 AM
=====

tut tut
we only swing legions we sail on opportunis sea..
and never run half half way..
undur setapak n kembali gagah like on coraza..

on that can see on 18/8 paktua was say..
rm1.30 now two pass..
3 to go..



tut tut
are you want to know come see on our groups..
still have mbers play n stand strong at coraza,cnergen,agmo,lgms n sfp

we come here and yelling from day one!!!
until reach above rm0.40 we will be here..



tut tut
paktua not bla bla swing player

iyaa polycarp..are in our group?
was see our aiming..?
we never set below rm0.30..
we never eat other retailers..
if you dare come see on our group..
then think back what your say


tut tut
sent to paktua tele..

@swingdarkred73

see at selves

hiye..
polycarp..
no worry paktua always can smell your wangi
hehehe


President 73
at past u say president is Ah Guan. now is her. LOL later will be he ...Dato/dato sri/tan sri/tun...LOL
12/09/2022 3:49 PM

muahhhhhh


tut tut
only polycarp do same MO..

hahaha..
anaktimurlaut kita kasi kaw kaw kat depa..
kita dah gtaw bus dah nak pecut(time rm0.26 lagi)
laa jika teragak agak lagi..
rm0.285 tinggal bekas laa
hehehe


tut tut
remember now real cheap..
later regret if still agak agak

sns will break rm0.30 soon..
remember when cnergen silent land..
when paktua told will break rm1.00
(on that time just rm0.63-0.645)
many lough to paktua..

same when paktua set
lgms,sfp,coraza,agmo
will above rm1.00..

so now sns..remember when sns above rm0.30..
sns will fly skyrocket..
don't miss to plane now..



tut tut
now below rm0.30 veli cheap

yes ah pang soon other army will come when
sns sweet girl grow above rm0.30 be sweet young Girl..


pang72 Congrats paktua..
SNS will hell break rule once 28c taken.. Very soon..

The rest of King of baby tech... SFP, CNERGEN, UMC.... AGMO.. CORAZA... Just ride till become BIG BULL like UWC!!
12/09/2022 11:42 AM

tut tut
let ride before sns fly to the moon

of coz darling..
paktua need to make you smile maa
so we eat above your call..
bcoz we have daring n hot sns on hand..
Hehehe


President we never buy follow ur call.. mostly our buy cal is at cheap price,, before u make buy call.. we already in a lot yea..LOL
12/09/2022 11:55 AM

tut tut
always caring on ploycarp sweet girl
hehehe

hahaha..paktua shoulder always there to you..
polycarp..
lepaskanlaa marahmu itu sayangg..
hehehe


President haha.... finally successfully trigger the anger of 73 LOL
12/09/2022 11:54 AM


tut tut
hehehe

haha..no laa polycarp..
paktua never hate you..
since hlt lkl until now at sns..
you always come visitby..
hahaha..

President 73
dont worry . we will gone with wind..after u read.. LOL just want make fun with u LOL
but what we observe and tell is always true. LOL hope 73 can hate us LOL
12/09/2022 11:59 AM


tut tut
love polycarp

see later president will gone with the wind..
who believe her..
will cry laa..


tut tut
hehehe

iyaa president or aka polycarp..
paktua team still recover at coraza maa..
how about you??

follow half way kaa..then crying around..
tulaa suruh follow straight tak nak..
orang semua dah recover..
dia lak meraung sorang sorang..


tut tut
we swing player..we not half half fight..

paktua was say on cmergen when below rm0.65
now cnergen above rm1.00
paktua was yelling on agmo since lower now hit rm1.00
sfp..lgms..syscorp,infotec n now on sns..


when sns above rm0.40 on nov..
paktua will say again what today was painted..



tut tut
let we seal on the sun..

welcomed ah pang..
sns baru lahir thats why paktua need take more care..

coraza now already can walk by own..
so coraza now be sweet girl laa
all men hunt her
hehehe

sns will coming soon..
imagined.. on end of nov(peak tech fever)
sns break rm1.00..
now just below rm0.30 veli veli veli cheap..


tut tut
sns= sail n sail to the moon

morning..hahaha..
sfp will break rm1.70 soon..

tut tut
let see soon

remember..
cnergen took 3 week to break back rm0.58
when crash down till rm0.46..
and just take a month to reach rm1.00

why sns cannot break rm0.45 on mid nov??


tut tut
so practical laa.. sns break rm0.305 and above on 1st week oct

morning farid..
hope coraza will climb more..


tut tut
let ride

sns main key will grow is
device-as-a-service (DaaS)

Since 2020 and up to 30 June 2022, SNT has entered into 82 DaaS subscriptions with a total subscription value of RM255.86 million and received 75 enquiries from governmental bodies and public-listed companies.

SNT has entered into contracts with 26 governmental bodies amounting to RM247.49 million and three public listed companies amounting to RM0.55 million.

DaaS is a model for device leasing offered to customers based on monthly subscription payments.

base on above key point..
sns will break rm0.45 by mid nov..




tut tut
sns will prove how worth it he is

hehe morning OKU_2020..
how you need to say..
all below your post on
sfp,agmo,infotec wrong..

sns also will prove to you your say also wrong
haha

now try read below..

============

Stock: [AGMO]: AGMO HOLDINGS BERHAD
OKU_2020 seems a deadly TRAP.....
RUNNNNNNNNNNN for your live
18/08/2022 9:16 AM


Stock: [LGMS]: LGMS BERHAD
OKU_2020 Terfuduk
2022-06-09 11:00 | Report Abuse


Stock: [LGMS]: LGMS BERHAD
OKU_2020 Suffering due to TRAP SET BY SYNDICATE
#Azab...
2022-06-09 09:31 | Report Abuse


Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD
OKU_2020 The got to soldier ON... Hopefully to ENTICE innocent Newbies... Hmmm
2 months ago | Report Abuse


Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD
OKU_2020 Seems this Operator in Hot Soup... Sweating trying fighting the Gloomy Bursa/Global Market... They are digging their own grave yard....Good luck he he he
2 months ago | Report Abuse


Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 Miti addicts Kena PREQQ kaw kaw
1 month ago | Report Abuse



Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 Condolence to the FALLEN Comrades... NEXT Those getting ECOScience IPO in jeopardy/can't sleep liao
2 months ago | Report Abuse

Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 another Killer IPO
20 sen tomorow
2 months ago | Report Abuse

Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE
OKU_2020 wasting time apply ipo...
can get cheaper today ..25 sen
miti addicts sweating now !!
seems IPO market is DEAD lately
2 months ago | Report Abuse

Stock: [AGMO]: AGMO HOLDINGS BERHAD
OKU_2020 seems a deadly TRAP.....
RUNNNNNNNNNNN for your live
3 weeks ago | Report Abuse

Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD
OKU_2020 Syndicate off loading n RUNNNNNN with $$$
1 week ago | Report Abuse

Stock: [AGMO]: AGMO HOLDINGS BERHAD
OKU_2020 Game overrr
RUNNNNNNNN
1 week ago | Report Abuse

============


OKU_2020 so lembiq
seems impoten* around the ipo price
Any special tonic to arouse this Lembiq SNS haaa ?
12/09/2022 10:05 AM



tut tut
adakah anda ada masa nak pening pasal OKU_2020?

remember sns just born 7 day ago..
until now stand above ipo level..
its same with sfp n lgms..
remember sdp n lgms took above 3 week to ride
above rm0.10 from ipo level..
and took 3 month to reach rm1.30

so why sns cannot hit rm0.305 on 1st week oct?


tut tut
when above rm0.30 will many come here..

taniah superpanda n coraza believer..
soon coraza will back above rm0.885
paktua love see back on track..



tut tut..
as swing player we always find new fresh battlefield..

morning..on end of sept..
infotec will reach rm0.50





tut tut
and on nov will break rm0.60

Write a comment..comeon cnergen...
let break rm1.10..


tut tut
come on..

come on agmo..cnergen can you also can..



tut tut
agmo let ride till rm1.30

this why paktua stand fight at sns until nov 22
stand till hit rm0.45



tut tut
lgms success,sfp success,
cnergen success,agmo success,infotec success..
coraza on the way also sns will folow also..

PublicInvest Research has valued SNS Network Technology Bhd at 33 sen, and said over the years, SNS had continued to expand its presence by setting up other brand specialty stores.

This includes Acer, AMD, Asus, Dell, HP, Huawei, Lenovo, Mi, MSI and Omen, following the launch of its first Apple Store, branded under the brand name “iTworld” in Ipoh.

In an initial public offering (IPO) note on Wednesday (Aug 17), the research house said SNS had a wide market coverage, as its information and communications technology (ICT) product and service offerings are sold to customers through its physical store channel and online store channel, in Ipoh.

In an initial public offering (IPO) note on Wednesday (Aug 17), the research house said SNS had a wide market coverage, as its information and communications technology (ICT) product and service offerings are sold to customers through its physical store channel and online store channel, in addition to customers via its commercial channel.


tut tut
Prospek business good..
secure contract with government education department.
friendly with BN..

sns shfa view

The group, principally involved in the sale of information and communications technology (ICT) products, has raised RM90.7 million from the listing exercise with desire to fulfil its expansion plans in the short and medium term.

SNS Network managing director Ko Yun Hung said the group believes there are many opportunities in the commercial segment of the local market, including government agencies and educational institutions, with digitalisation plans for hybrid working arrangements and e-learning options as the pandemic eases.

“In 2020 and 2021, many corporations cut down on spending which includes the ICT (side). This year, when the economy reopened, we are seeing two years of delayed sales coming, including from classrooms that want to upgrade their infrastructure,” Ko told the press after the listing ceremony.

Ko highlighted that the commercial segment is SNS Network’s core revenue generator, as it had contributed 70% of the group’s revenue in the past four years.

For the financial year ended Jan 31, 2022 (FY22), SNS Network’s profit after tax stood at RM35.92 million, compared with RM23.81 million in FY21, RM7.78 million in FY20, and RM9.1 million in FY19.

Meanwhile, revenue totalled RM1.11 billion in FY22, RM721.47 million in FY21, RM675.28 million in FY20, and RM594.14 million in FY19.

Ko said based on the RM1.11 billion revenue in FY22, SNS Network commanded only a small market share of 1.47%, and he further emphasised that there is a lot of room to grow.

In terms of overcoming the ongoing supply chain disruptions that the industry faced, Ko said the group is working closely with suppliers on product roadmap and forecasting.

“We used to give forecasts for sales on a quarterly basis. But since the pandemic, we expanded to six months for a longer forecast.

“We also seek to understand customers' consumption objective and inform them on the options they have to meet both expectations to mitigate these shortages. I think all ICT players have a similar strategy,” Ko said.  

The company has earmarked RM33.4 million from the proceeds of the IPO for capital expenditure, of which RM30.9 million is to be allocated towards growing its device-as-a-service (DaaS) subscription-based service, while RM2.5 million will be used to open 10 new retail stores in Klang Valley, Johor and Penang.

DaaS is a model for device leasing offered to customers based on monthly subscription payments. To date, SNS network said it has 82 DaaS subscriptions with a total subscription value of RM225.86 million.

It added that the company received 75 enquiries from which SNS Network has entered into contracts with 26 governmental bodies amounting to RM247.49 million and three public listed companies amounting to RM550,000.

Ko also noted that the 10 new retail stores envisioned will be established within the next three years.

Another RM18 million of the proceeds will be used to part finance the construction of the company’s new regional hub in Petaling Jaya to support its nationwide expansions, while RM20 million will be used for repayment of bank borrowings, RM13.1 million for working capital, RM1.5 million for marketing of its JOI smart classroom framework, and RM4.7 million to defray listing expenses.

“For our house brand JOI, we positioned it as an affordable device for the market. There is always good demand for entry-level devices, which is a form of usage for the education sector. Parents buy entry-level devices for young school kids.

“We want to align with that and come out with more JOI products to cater to the affordable segment,” he said.

Having said that, Ko noted that JOI brand only contributes to 2% of SNS Network overall revenue.

SNS Network, which started in 1998, carries a total of 33,633 stock-keeping units (SKUs) of third party ICT products and 363 SKUs of JOI products.

Rakuten Trade has rated SNS Network 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, 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.

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tut tut
next page...

see history tech from ipo period until current price..

1-sns
date ipo-2 sept
period on market - 6 trading day.
Nosh-current Nosh 1.25b
ipo price-0.25
current price-0.26

2-Agmo
date ipo-18 aug 22
period on market - 16 trading day.
Nosh-current Nosh 83m
ipo price-0.26
current price-0.965

3-infotec
date ipo-13 july 22
period on market - 1 month n 12 trading day.
Nosh-current Nosh 83m
ipo price-0.32
current price-0.45

4-sfptech
date ipo-20 jun 22
period on market - more then 3 month trading day.
Nosh-current Nosh 800m
ipo price-0.30
current price-1.55

5-lgms
date ipo-8 jun 22
period on market - more then 3 month trading day.
Nosh-current Nosh 456m
ipo price-0.50
current price-1.29

6-cnergen
date ipo-24 may 22
period on market - more then 4 month trading day.
Nosh-current Nosh 498m
ipo price-0.58
current price-1.02

7-coraza
date ipo-20 jan 22
period on market - more then 8 month trading day.
Nosh-current Nosh 428m
ipo price-0.28
current price-0.815

if sns their say huge nosh..
so what to say on sfptech?
nosh 800m?



tut tut
why sns cannot break rm0.30 end sept?
why sns cannot hit rm0.45 on mid nov 22?