SYSTECH BHD

KLSE (MYR): SYSTECH (0050)

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Last Price

0.29

Today's Change

+0.01 (3.57%)

Day's Change

0.28 - 0.29

Trading Volume

121,000


10 people like this.

10,429 comment(s). Last comment by newbie9893 1 hour ago

Mitchell79

175 posts

Posted by Mitchell79 > 2024-06-07 22:01 | Report Abuse

TikTok owner ByteDance plans to invest in artificial intelligence (AI) and turn Malaysia into a regional AI hub with a proposed investment of about RM10 billion

https://theedgemalaysia.com/node/714621

chon99

1,510 posts

Posted by chon99 > 2024-06-09 15:24 | Report Abuse

Tomorrow Monday 10-06-2024 should be the gradual warm up and gap up in preparation for the listing of Warrants on Wednesday 12-06-2024.

ChandranG

383 posts

Posted by ChandranG > 2024-06-10 11:13 | Report Abuse

wow, bttedance is going to invest AI in Malaysia too. Looks like Systech will fly up soon 😀

star899

529 posts

Posted by star899 > 2024-06-10 15:06 | Report Abuse

Patience is the key. Some investors could be waiting at the sideline to collect cheaper scripts.
Some contra players or investors could be impatient and let go some shares.
For "me" I will hold. After all, Wednesday 12-06-2024 will be the listing of warrants. It is the day after tomorrow , one day away from now.
I don't think Systech would be remain in the doldrums for too long ! ! !

Zikir95

230 posts

Posted by Zikir95 > 2024-06-10 15:49 | Report Abuse

Rasa Systech akan terbang pd Rabu ni

bobetlose

78 posts

Posted by bobetlose > 2024-06-10 16:07 | Report Abuse

zikir, u mean rollercoaster ride?? monitor closely and snipe cheap !

choop818

707 posts

Posted by choop818 > 2024-06-10 17:54 | Report Abuse

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

star899

529 posts

Posted by star899 > 2024-06-10 21:16 | Report Abuse

@choop818,
Unless due to unforeseen circumstances, normally many other counters happened that way in the past.
It all depends on the market forces.
Just like the IPO stocks, we can't simply say why some those shares shoot up shortly after the listing.
So market forces are the determinant factors.

choop818

707 posts

Posted by choop818 > 2024-06-11 09:34 | Report Abuse

@star899, lets hope for the best!

Posted by FlyingElephant > 2024-06-11 09:54 | Report Abuse

what is the conversion price of the warrant to the mother share. I tried to search but to no avail.

bowman

2,602 posts

Posted by bowman > 2024-06-11 10:37 | Report Abuse

@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.

star899

529 posts

Posted by star899 > 2024-06-11 11:10 | Report Abuse

@bowman,
Thank you for your explanation to give us a better understanding.
Your explanation has given us even more confidence in Systech.
Once again, looking forward to a better tomorrow and next few days for Systech and Systech -WA.
Let's look forward to the bullish trading of Systech mother shares and Systech-WA

Xienry

98 posts

Posted by Xienry > 2024-06-11 14:56 | Report Abuse

Good luck everyone, tmr will be the day 😎

star899

529 posts

Posted by star899 > 2024-06-11 15:59 | Report Abuse

Quiet Quiet Quiet today
Zoom Zoom Zoom......... tomorrow ! ! !
⚡⚡⚡

bowman

2,602 posts

Posted by bowman > 2024-06-11 16:14 | Report Abuse

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.

Mitchell79

175 posts

Posted by Mitchell79 > 2024-06-11 18:30 | Report Abuse

Get a project from TikTok owner ByteDance that will invest in artificial intelligence (AI) and turn Malaysia into a regional AI hub with a proposed investment of about RM10 billion? 😃

star899

529 posts

Posted by star899 > 2024-06-11 18:33 | Report Abuse

@bowman,
Let's hope for the best. Hopefully the fund so raised from warrants is for further acquisitions and business expansion for the benefits of shareholders and investors.
At this moment, I think is too early to fix a target price as sometimes the market forces are unpredictable.
Just my humble opinion.

11wenhao11

383 posts

Posted by 11wenhao11 > 2024-06-11 20:40 | Report Abuse

Tomorrow is the listing day of its free warrants. Let's see what's the opening price

star899

529 posts

Posted by star899 > 2024-06-11 23:43 | Report Abuse

11wenhao11,
I think many would be eargerly waiting
Give thumbs up 👍👍👍

lewislew

146 posts

Posted by lewislew > 2024-06-12 09:04 | Report Abuse

yea WA .155 bonus early morning

choop818

707 posts

Posted by choop818 > 2024-06-12 09:05 | Report Abuse

@star899, congrats, spot on!

star899

529 posts

Posted by star899 > 2024-06-12 09:14 | Report Abuse

@choop818
👍👍👍 WA not bad

adikkici

889 posts

Posted by adikkici > 2024-06-12 10:26 | Report Abuse

Emak slow lepas beranak

dtlp16

25 posts

Posted by dtlp16 > 2024-06-12 11:51 | Report Abuse

So now, I've got the free Warrants. I don't need to do anything before it expires in a few years time? How to convert the warrant? Sorry but I'm very new in these. Still trying to figure out all the jargons. TIA.

bowman

2,602 posts

Posted by bowman > 2024-06-12 12:47 | Report Abuse

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

RGBeric

76 posts

Posted by RGBeric > 2024-06-12 13:39 | Report Abuse

not worth to convert now since exercise price is 50sen... like bowman say just hold until SYSTECH above 50sen

ChandranG

383 posts

Posted by ChandranG > 2024-06-12 16:40 | Report Abuse

Free warrants = Ez money 🤑

Zikir95

230 posts

Posted by Zikir95 > 2024-06-12 16:53 | Report Abuse

Akhirnya dapat free waran ni. Tak perlu tergesa-gesa tukar ke mother share atau jual, i percaya waran ni akan naik ke 20 sen ke atas

Mitchell79

175 posts

Posted by Mitchell79 > 2024-06-13 16:02 | Report Abuse

Buy and hold and wait for it to rise to 50 cents and above 🤗

ThunderZX

104 posts

Posted by ThunderZX > 2024-06-13 16:29 | Report Abuse

Hahaha not that ez lah, now is just a waiting game

ChandranG

383 posts

Posted by ChandranG > 2024-06-13 17:46 | Report Abuse

Getting free warrants already. Now we wait Systech to turn around and deliver excellent QR

fregend

591 posts

Posted by fregend > 2024-06-14 10:34 | Report Abuse

warrant premium high so either drop or mother must go up

DouglasLiu

291 posts

Posted by DouglasLiu > 2024-06-14 11:19 | Report Abuse

no worries, Systech will exceed its warrant's strike value

raingod

92 posts

Posted by raingod > 2024-06-14 15:34 | Report Abuse

confirm go up lah, just a matter of time

11wenhao11

383 posts

Posted by 11wenhao11 > 2024-06-14 15:42 | Report Abuse

Tech giants’ investments to boost Malaysia’s AI ecosystem and Systech is playing crucial part of it

https://www.malaymail.com/news/money/2024/06/13/tech-giants-investments-to-boost-malaysias-ai-ecosystem-says-science-minister/139608

Posted by higHChloride > 2024-06-14 15:49 | Report Abuse

One of the biggest cybersecurity player in Malaysia + AI demand on the rise, just buy & hold below 0.50

bowman

2,602 posts

Posted by bowman > 2024-06-17 21:34 | Report Abuse

Sadly Bytedance's investment was linked to Appasia.

Zikir95

230 posts

Posted by Zikir95 > 2024-06-18 11:14 | Report Abuse

Tak ape, masih ada company besar macam Google dan Microsoft 😃

fregend

591 posts

Posted by fregend > 2024-06-18 12:17 | Report Abuse

seems like most sold after getting warrant

musangfoxking

3,615 posts

Posted by musangfoxking > 2024-06-18 13:42 | Report Abuse

u r right! me sold n made some free murtabak!
this type of counter will never give u big gain...some small treats ok!

Posted by OutOfTouch96 > 2024-06-18 15:08 | Report Abuse

let them take profit... eventually Systech will hit 50 sen

bobetlose

78 posts

Posted by bobetlose > 2024-06-18 15:45 | Report Abuse

AI trend is coming, SYSTECH can go higher than 0.50 lol

DouglasLiu

291 posts

Posted by DouglasLiu > 2024-06-18 18:28 | Report Abuse

I start placing buying order at 40 cents 😌

ChandranG

383 posts

Posted by ChandranG > 2024-06-19 15:12 | Report Abuse

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

Xienry

98 posts

Posted by Xienry > 2024-06-19 15:13 | Report Abuse

douglas can get it this week... momentum slowing down jor

DouglasLiu

291 posts

Posted by DouglasLiu > 2024-06-19 17:20 | Report Abuse

I got it just now already, xienry. Hope for the best

fregend

591 posts

Posted by fregend > 2024-06-20 14:40 | Report Abuse

Buy some tmr if get pullback

RGBeric

76 posts

Posted by RGBeric > 2024-06-20 15:16 | Report Abuse

Best buy around 41c, ong ong Systech!

bowman

2,602 posts

Posted by bowman > 2024-06-20 16:18 | Report Abuse

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

where did you get the news?

Mitchell79

175 posts

Posted by Mitchell79 > 2024-06-20 16:43 | Report Abuse

Start rebounding. No more pullback, fregend

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