@huatrex Scanwolf is breaking 50 sen!! Now at 51 sen...Hold tight. Thank you for your trust in richkid. We huat together! I always help my friends..there are plenty of money to make even in a bad market...provided you know to pick the correct stock.
Any price below 29 sen can enter. I enter Systech at 27 sen...but Systech slow...maybe next month coming..in the meantime play Scanwolf....woooolllllffff
All my money in SCanwolf now...!! No time for Priva...maybe next round. I am monitoring Scanwolf. Systech I bought 27 sen...just keep it. Priva bought 26 sen sold at 31 sen after the dividend announcement. It dropped back...so I didn't see.
Systech is going to go up very soon.... The sharebuy back if approved on 21st August 2015. The buy back will reduced the share in circulation by 10% and it is good to push the market price up. Stay tuned...
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE PROPOSED SHAREHOLDERS MANDATE FOR SHARE BUY-BACK OF UP TO 10% OF THE ISSUED AND PAID-UP SHARE CAPITAL OF THE COMPANY
For the financial year ended 31 March 2015, the Group recorded a revenue of RM10.38 million and a profit after taxation and minority interest of RM3.10 million as compared to RM6.77 million and RM1.78 million in the previous financial year. The revenue and profit after taxation and minority interest represent a record for the Group since it was listed in June 2011. In November 2014, its subsidiary, Mobysys Sdn Bhd (“Mobysys”) was ranked 57 in 2014 Deloitte Technology Fast 500, Asia Pacific being the only Malaysian company to be listed therein.
Buy or keep yours for long term...no need to see. Wait after Dividend and Share buy back...the crowd will start to rush to push the price up...trust me...many time it happened...Malaysian are all last minute ...they like to wait and wait...they like to wait for someone else to start the rally...once started they like to buy at a higher price...now best time to pick up while people are still unaware yet. The potential is there...just wait.
Based on today's weak market sentiment...you can see the price of systech remain solid. Other stocks are falling like hell...example IFCA, Systech is not falling...in fact it is standing tall with buyers coming to support and no sellers willing to sell down...reason is simple. The dividends and share buy back...with a good annual report...with a bright future ahead...tells us that the management is doing its best to boast the price of Systech. The value of this stock will rise above 30 sen next month. If the share buyback is in effect, the price might break the previous high of 42 sen. So it will be good to hold for longer term.
Continue to sin ka lan please. The last I heard from this SKL is that scnwolf price remain intact at 0.480.
"Systech will go up as it nears the dividend ex-date...so no worry...if you are frustrated waiting then buy Scanwolf...the wolf is running fast." quote from the sin ka lan.
Of course the wolf is running fast. Running fast to hell. That it.
Funny thing about this SKL is that, when he mention the market sentiment not good, and one of the example stock that he gave that drop like hell is IFCA, he never bother to mention SCNWOLF. WHY? Probably he holding lot of it and gan chiong jor.
is it true price normally go up when it nears dividend ex-date? how near is near? 1 month or 3 days before dividend? I bought some @ 27.5cents, feel like it cant move up one~
Relax bro... We play shares we know. We witnessed how Systech rise from 28 sen to 42 sen before..it dropped 25 sen and now stabilized at 26.5 - 28.5 sen range. We saw accumulation at 27 - 27.5 sen recently. With the dividends and share buy back, we are going to see another rally to break 42 sen on the journey to 50 sen soon. Remember recently how LSK dropped to 23 sen and suddenly rebounded to 40 sen?? Systech is a growing company. It is making good profit. Clean profit. To give as dividends and proposed to use to buy back 10% its own share. Why I trust systech????
1. It has proven it rise as high as 42 sen. 2. It has given me good profit when I bought at 21 sen and sold at 39 sen. 3. It has got good directors who value investors giving consistent dividends. 4. Its subsidiary, Mobysys Sdn Bhd (“Mobysys”) was ranked 57 in 2014 Deloitte Technology Fast 500, Asia Pacific being the only Malaysian company to be listed therein. 5. Share buyback proposed. 6. Dividends coming.
If it falls bargain hunters will come in to mop it up. They are waiting to buy cheap. Just watch the show. I suggest to hold it longer term. Any weakness is a good buying opportunity.
Based on the volume today, it was proven nobody want to sell their Systech lower. Price is above 27 sen now with a small gap up today. The indicator is signalling a break-out going to happen anytime soon....When it explodes, the price will jump just like LSK. Just monitor closely.
Single Tier Final Dividend of 6% per share in respect of the financial year ended 31 March 2015.
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex – Dividend” as from: 2 Sep 2015 2) The last date of lodgment : 4 Sep 2015 3) Date Payable : 18 Sep 2015
Remarks :- The payment of the Single Tier Final Dividend of 6% per share in respect of the financial year ended 31 March 2015 is subject to the approval of the shareholders at the Fifth Annual General Meeting of Systech Bhd to be convened on 21 August 2015.
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Posted by richkid > 2015-07-23 09:10 | Report Abuse
scanwolf gap up 10 sen...looks bullish!