"With this approval, there will be an immediate reversal of approximately RM4.2 million in tax provision from FY21, boosting 2QFY22 net earnings by a similar amount"
Ctos will be under strong selling pressure this week and the next, many fear that Fed is expected to raise rates by more than 50 basis point. Let's hope it gets down to 1.00, looking to add a little.
Just like many other worst IPO , after getting enough capital expenditure , share price free fall to penny stock later , right issues or PP ! Never never touch bursa IPO again !
1.33/1.34. Just stop by to say fuk you. When i called market top at 2.04, i was alone n lonely n you people screwed me left n right. You shud know now that i am good, very good. Fuk you once again.
Not sure why IB allocate this company with high PE of 40-50. Those who work in the financial institution would know this company very well. It's just a company entity delivering reports services to FI and non bank FI mainly to get details of bankruptcy and litigation status. In fact, CCRIS would be a more important report. Just over the last few years ,the company actively add some value add services and acquisition to make it attractive for IPO. In my opinion, it's still a reporting database company with additional bells and whistle and with PE worth not more than 15.
"The credit reporting agency’s revenue rose 22.9% to RM46.51mil in the second quarter from RM37.8mil a year earlier bolstered by a strong performance from its core business across all three customer segments.
Earnings per share stood at 0.90 sen in the second quarter ended June 30, compared with 0.60 sen in the previous corresponding period."
"CTOS Digital Bhd posted a 95% surge in net profit to RM22.76 million for the third quarter ended Sept 30, 2022 (3QFY2022), up from RM11.67 million a year earlier"
Creador cuts stake in CTOS by nearly half to 14.25% KUALA LUMPUR (Feb 2): Private equity firm Creador has further pared down its shareholding in CTOS Digital Bhd to 14.25% from 26.6% as on Dec 19, by disposing of 284.81 million shares via Inodes Ltd on Thursday (Feb 2).
Creador previously sold 38 million shares on Dec 19, reducing its stake to 26.6% from 28.2% as on Nov 1.
Aberdeen bought it . Just like Aeon when there bought it the share run up. After than keep on selling. Now aeon only at how much... So wait and see. Maybe will go even lower.
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....
Juliette0331jooley
38 posts
Posted by Juliette0331jooley > 2022-05-24 15:58 | Report Abuse
Discount more, buy more