Yes, maybe its time to buy Systech. IFCAMSC is too high. IT companies benefits from the low oil price as many shifted from O&G play to IT play. Buy low before it shoots up. School holidays over...next week should be a busy week as fund managers are in full force. It will be interesting.
The only sector not affected by oil and gas is IT as the market for software is huge. Look at Microsoft, Google, Facebook, Ebay and Alibaba. IT companies are huge. Billionaires comes from IT companies. Systech is going strong too in the future. Look at the revenue. It is profit making company. The future is bright. It should take off soon to 30 cents.
yup....... this is a good fundamental company if break over 0.32 it will another shooting star in the making..... hopefully our foresight is true..... cheers....
@rapidbeginner : Yes...the rule of thumb is to buy a profit making company. Then you check the revenue and profit. If the balance sheet is healthy then you check the potential of the company. So far Systech is performing well. The revenue and profit doubled last quarter. So its share price is increasing in tandem with the IT industry. IFCAMSC and MYEG is going up. All the rest of the IT industry is in the watchful eyes of fund managers. With Maybank going down due to 1MDB, AirAsia going down due to accident and glitches, Petronas going down due to low oil price, where will fund managers put their money?? IT companies of course! GST play, internet software, Cybersecurity software to prevent hacking is now growing strong. Lets see if Systech can go up like IFCAMSC. Buy now before it shoots to 50 cents...hahahaha...
Not to forget with the depreciation of Ringgit, foreign funds will be back to nimble at Bursa again as it is attractive to buy. Huge funds will be coming back next week and the CNY rally coming soon. Buy now...next week I think stocks will fly. After a long holiday and hibernation and sell offs... the time will come for another round of play. Just stay invested and put in longer term as CNY rally. Welcome the goat year = sounds like " Good year" right? hahahahaha
Just some profit taking which is normal. The best time to buy is when people are selling...hahhaa...now I can buy to keep some for myself. I foresee next week will up since this counter is slow to catch up compared to IFCAMSC. Can buy around 0.20 - 0.22. Good price to enter.
Oil is making a u-turn...towards 0.50 marks. Next week should be a better week...stay tuned. Foreign funds will be coming back. New year new portfolio. Holiday over. Now time to go up.
No need to run...just buy and hold...market is recovering. Oil is slowly going up to 50 now. Asiapacific is going green. DJIA going green. Malaysia is also slowly picking up the dust...floods over now....back to school...reopens monday. Fund managers back to pick their portfolio. IT should be the best sector to pick.
Yeah... IT companies are going up....After IFCAMSC the next is SYSTECH.... lets hope everyone huat... 2015 a new year a new begining. Goat year = Good year !!!
I am putting my money in SYSTECH based on this article for 2015. I am confident this counter will ride on the wave of IT together with IFCAMSC and other GST related counters to the sky.
DESIGNING software for franchise businesses might sound like a pretty niche business model but that is how software developer Mobysys Sdn Bhd is making its mark in the international tech scene.
This growing recognition has seen Mobysys becoming the sole Malaysian company making it into the list of the top 500 fastest-growing technology companies in the Asia-Pacific last year ranked by Deloitte Touche Tohmatsu Ltd.
South Korea’s Daum Kakao Corp, the developer of mobile messaging application Kakao Talk, had topped the list by achieving 11,681% revenue growth over the past three years. However, China and Taiwan dominated the rankings with 100 and 90 companies respectively in the top 500.
Mobysys was ranked 57th for chalking up 624% revenue growth over the same period. The company is a wholly-owned subsidiary of Systech Bhd, which was listed on Bursa Malaysia’s Ace Market in 2011.
Don't worry....oil will not go down forever...and IT is least affected. I have studied this counter and it was well supported at the 20 sen level. Good buy. Might be the next IFCAMSC in the making...just look at the profit...keep for longer term.
climbing to 0.25 now....5 more cents to tp 30 cents... not impossible ....if IFCAMSC can...SYSTECH boleh!! Malaysia fastest growing IT company on the way to the top....hehehe
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
esl_22
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Posted by esl_22 > 2015-01-07 19:54 | Report Abuse
Bro, DJ stand for? SMRT now 0.62..