SYSTECH BHD

KLSE (MYR): SYSTECH (0050)

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Last Price

0.34

Today's Change

0.00 (0.00%)

Day's Change

0.33 - 0.355

Trading Volume

1,651,000


10 people like this.

10,173 comment(s). Last comment by raingod 7 hours ago

Posted by Raymond Wong > 2015-02-04 16:22 | Report Abuse

dropping..

Ravi Kumar

3,628 posts

Posted by Ravi Kumar > 2015-02-04 16:26 | Report Abuse

So????? Please put money in FD

tradervic

466 posts

Posted by tradervic > 2015-02-04 16:27 | Report Abuse

Hi Ravi Kumar. What stock you also looking at?

richkid

8,140 posts

Posted by richkid > 2015-02-04 16:28 | Report Abuse

Good bargains...at 37 sen...No worries...Systech is a good buy. Going to a high of 38.5 sen contra players are selling it at a discount 37 sen...Those who missed the boat this morning can hop in now...thanks to them.

Posted by Raymond Wong > 2015-02-04 16:31 | Report Abuse

strong fundamental company which we belive it will bring us to make huge gains.

rajasaham

44 posts

Posted by rajasaham > 2015-02-04 16:32 | Report Abuse

What good to buy now all boss really run go holiday cny

mtr27

443 posts

Posted by mtr27 > 2015-02-04 16:36 | Report Abuse

Buy now n wait another 1 month to break 40c..better put in FD or unit trust huhu

richkid

8,140 posts

Posted by richkid > 2015-02-04 16:43 | Report Abuse

Systech is moving up slow and steady. Look at IFCAMSC still going up. Where got boss go Cny? Selling and profit taking is just a normal process. As long as the uptrend is intact we will expect it to retest new highs. Currently technical indicators all point to a long term uptrend. When the selling is finish, we will resume uptrend. There is still a tomorrow. Don't forget. Today volume is healthy and price increased from 36.5 sen to 37.5 sen...so its considered very good.

The rise is gradual and slow but steady. Not like a roller coaster. This kind of pattern is safer to play. Drop 1 or 2 sen also shaking? From 20 sen to 39.5 sen nobody says anything good? When IFCAMSC was 38 sen nobody believe it will go $1, right?

Posted by Raymond Wong > 2015-02-04 16:50 | Report Abuse

Richkid weel said! Thanks for your input.

Siva68

1,858 posts

Posted by Siva68 > 2015-02-04 16:55 | Report Abuse

rich, I'm looking forward on this company and Q4 its results. Still relatively cheap.

tradervic

466 posts

Posted by tradervic > 2015-02-04 16:57 | Report Abuse

When is the Q4 results?

richkid

8,140 posts

Posted by richkid > 2015-02-04 17:04 | Report Abuse

@siva68 The beauty of Systech lies in its profit and low cost internet development...spreading its business to Europe and US with good business in asia pacific. Mobysys is growing fast. Sysarmy is another revenue stream coming via internet security software. The future is definitely bright for IT companies like Systech. Don't think a small company cannot grow. The internet is mushrooming with great pace. Everyone is holding a handphone. Uncles and Aunties without IT knowledge is downloading apps and playing with online games. Even babies are playing with a tablet...I was surprise at such a huge market. At 37 sen don't think Systech is expensive considering IFCAMSC is already $1.16... hahaha

Lets wait for the QR report...I am looking forward for it too.

Siva68

1,858 posts

Posted by Siva68 > 2015-02-04 17:08 | Report Abuse

rich. thanks for info and agree. I am also looking at stocks where companies are going to make profit. For this Q, will be on IT and GST.

king of stock

1,120 posts

Posted by king of stock > 2015-02-04 17:11 | Report Abuse

Go for reach next flying machine

king of stock

1,120 posts

Posted by king of stock > 2015-02-04 17:13 | Report Abuse

I waiting for 1.20 ifca throw...same like boss go holiday cny with my 5m profit yeah!!!

huanrun

11 posts

Posted by huanrun > 2015-02-04 17:19 | Report Abuse

Trade stock everyday and never miss the star stock of the day!

https://www.facebook.com/roundnsurge/photos/a.299514466916062.1073741828.294445647422944/351164265084415/?type=1&theater

jcwm22

94 posts

Posted by jcwm22 > 2015-02-05 06:35 | Report Abuse

It is late to make this comment but Bursa us being ridiculous by making UMA query on systech. There is nothing unusual abiut a counter moving from 30 sen to 39 sen in a gradual manner. It did not go up a lot suddenly in one day. Is Bursa trying to discourage counters from going up? Is Bursa happier if counters do not move upwards and go down instead? Those guys at Bursa need their heads examined.

richkid

8,140 posts

Posted by richkid > 2015-02-05 07:48 | Report Abuse

The uma mechanism is to warn investors...not to discourage price up. Reason is last time during the 90s bull run ...loss making companies like Granite and Repco were going up like rocket due to speculations and rumors. Granite went from 50 sen to $15.00 and a lot of investors were caught when it dropped. So in order to avoid over speculation, Bursa introduced the UMA just to warn investors not to over chase a stock without any news. It requires the company to provide details whether there is any info that can cause the stock to rise so fast.

Of course companies cannot reveal their insider information that is not ready for public consumption. So the reply is always standard...not aware of this and that. Investors however choose to speculate based on past performance and the price might jump up once the real result is published to the public.

I agree the gradual movement is not a lot...from 30 to 39 sen...but Bursa is looking at the 18 sen to 39 sen rise...which is 100%.

But if a stock is good, and even with UMA. it will rise fast like IFCAMSC going from 30 sen to $1.10.
So lets not be too over upset with UMA as Bursa is just doing their jobs. Nothing new to us.

richkid

8,140 posts

Posted by richkid > 2015-02-05 07:55 | Report Abuse

Today is another day for Systech...The real test is today. Oil and gas companies quick rise yesterday based on the rise in oil price. But today it dropped again below $50. So it is like a roller coaster. Not worth to take risk buying O&G now. Fund managers prefer more stable stocks like IT and also those related to GST. I think we will see a shift from O&G to IT stocks...lets see....

richkid

8,140 posts

Posted by richkid > 2015-02-05 09:12 | Report Abuse

Good buy now at 37 sen...

richkid

8,140 posts

Posted by richkid > 2015-02-05 09:19 | Report Abuse

Volume is low indicate selling is almost complete....before buying can start....

fauzan

378 posts

Posted by fauzan > 2015-02-05 09:34 | Report Abuse

should be green today...

Posted by crybaby000 > 2015-02-05 09:36 | Report Abuse

agree on richkid.. investors move to IT stocks back for today.. =D

richkid

8,140 posts

Posted by richkid > 2015-02-05 09:37 | Report Abuse

Testing 38 sen...come on,,,,go go go!

Posted by Mr. Jupiter > 2015-02-05 09:39 | Report Abuse

Funds Roll over at 0.37-0.375, only to push up vy soon, buy buy buy

kha8008

116 posts

Posted by kha8008 > 2015-02-05 09:44 | Report Abuse

Fast n furios systech

MainBesar

969 posts

Posted by MainBesar > 2015-02-05 09:46 | Report Abuse

S usual... Let big brother to go up first, then she will follow later

Awang87

338 posts

Posted by Awang87 > 2015-02-05 09:46 | Report Abuse

financial results keluar hari ni.

Atuk K

334 posts

Posted by Atuk K > 2015-02-05 09:46 | Report Abuse

0.40 cominnnngggg. kha8008 now no regret buying at 0.375 right!

Awang87

338 posts

Posted by Awang87 > 2015-02-05 09:49 | Report Abuse

memang benar, results keluar hari ni, results yang bagus

Posted by 20% Lucky 80% Lucky > 2015-02-05 09:49 | Report Abuse

@Awang87.. are you sure is today?

Awang87

338 posts

Posted by Awang87 > 2015-02-05 09:51 | Report Abuse

memang sure, kawan ku yang kerja dekat mercury securities, dia orang punya investment banker, yang cakap.

Atuk K

334 posts

Posted by Atuk K > 2015-02-05 09:51 | Report Abuse

Awang, berapa bagus yang bagus tuu.. Hehehe

kha8008

116 posts

Posted by kha8008 > 2015-02-05 09:53 | Report Abuse

Haha atukk, tqvm... very2 goooodddd

Awang87

338 posts

Posted by Awang87 > 2015-02-05 09:53 | Report Abuse

i tak tau, tapi memang hari ni lah i dengar

Posted by 20% Lucky 80% Lucky > 2015-02-05 09:53 | Report Abuse

@awang87 but i didn't saw it at bursa announcement..

kha8008

116 posts

Posted by kha8008 > 2015-02-05 09:54 | Report Abuse

Ok atuk let us pray for 40c...

Awang87

338 posts

Posted by Awang87 > 2015-02-05 09:54 | Report Abuse

Hari ni bro, bukan skrang, petang hari ni.

richkid

8,140 posts

Posted by richkid > 2015-02-05 10:04 | Report Abuse

hahaha....huat2....cepat beli sebelum naik 40 sen

kha8008

116 posts

Posted by kha8008 > 2015-02-05 10:04 | Report Abuse

Staging at 390

Posted by Raymond Wong > 2015-02-05 10:08 | Report Abuse

faster buy guys.... up trend!!

Awang87

338 posts

Posted by Awang87 > 2015-02-05 10:12 | Report Abuse

umph tak kuat

Atuk K

334 posts

Posted by Atuk K > 2015-02-05 10:12 | Report Abuse

Yes kha8008, pray hard. Hope this week can reach 0.40 then next week 0.50. So that the following week can "cabutttttt". kikikiki.

hanis

51 posts

Posted by hanis > 2015-02-05 10:13 | Report Abuse

oh no .. is it the max she can go @ 39 ???

tradervic

466 posts

Posted by tradervic > 2015-02-05 10:14 | Report Abuse

opps..reverse abit.

richkid

8,140 posts

Posted by richkid > 2015-02-05 10:14 | Report Abuse

38 sen resistant broken!!!!!!!! Volume up...top volume....'Buy' indicators triggered... Tomorrow above 40 sen...lets hope the news is correct... Results out today...volume is not fake...really rocket fuel today indicate insider know report is good...

richkid

8,140 posts

Posted by richkid > 2015-02-05 10:16 | Report Abuse

Now 38 sen is the support...

tradervic

466 posts

Posted by tradervic > 2015-02-05 10:17 | Report Abuse

I think today it should break 0.4, and maybe tomorrow up higher.. Once results out, the momentum might slow down.

richkid

8,140 posts

Posted by richkid > 2015-02-05 10:17 | Report Abuse

If the news is out sure fly tomorrow....

tradervic

466 posts

Posted by tradervic > 2015-02-05 10:19 | Report Abuse

That is why its crucial to break 0.4 and stay above it today.

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