Posted by InterFund > 2021-07-27 13:47 | Report Abuse

sudah keluar sperm... tak boleh angkat..........

Posted by simonscs > 2021-07-27 13:49 | Report Abuse

biasa kuat punya akan sperm 3 kali la. hahaha

Posted by siulong1 > 2021-07-27 14:47 | Report Abuse

only one time ejaculation, habis cerita..... wuahaha!

Posted by xuxu > 2021-07-27 15:06 | Report Abuse

everytime wanna up also kena press down, no face

Posted by siulong1 > 2021-07-27 15:20 | Report Abuse

80 plus millions trading value only move 1 to 2 bids.......... sad..... case.....

Posted by xuxu > 2021-07-27 15:26 | Report Abuse

tausa sedih, beli je lah. haha

Posted by suprnoob > 2021-07-27 16:17 | Report Abuse

pro tips: buy high, sell low

Posted by jinova546 > 2021-07-27 16:51 | Report Abuse

eh, I thought today fly?? XD hahaha

Posted by Bgt 9963 > 2021-07-27 17:41 |

Post removed.Why?

Posted by Risk Trader > 2021-07-27 17:43 | Report Abuse

Market sentiment is very bad due to covid case increase and politic issue uncertain so investor was temporary out from equity to safe their capital...now cash is king. better put yr money to FD or safe haven instrument like Gold.

Posted by Uncle_Lim > 2021-07-27 20:38 | Report Abuse

Ady ask to take original viagra but brahmal bought from mr diy shopee, one shot ady gone liauu

Posted by risekita8 > 2021-07-27 20:43 | Report Abuse

Parliament effects

Posted by Risk Trader > Jul 27, 2021 5:43 PM | Report Abuse

Market sentiment is very bad due to covid case increase and politic issue uncertain so investor was temporary out from equity to safe their capital...now cash is king. better put yr money to FD or safe haven instrument like Gold.

Posted by 500Bilis > 2021-07-27 23:39 | Report Abuse

The support is still there for CTOS, in fact it achieved a high of 1.62

If not, likely continue to waterfall below 1.50.

Just give ourselves some time

Posted by wallstreetrookie > 2021-07-28 08:37 | Report Abuse

Good future prospect. No problem holding this long term

Posted by Bgt 9963 > 2021-07-28 08:40 |

Post removed.Why?

Posted by wallstreetrookie > 2021-07-28 08:51 | Report Abuse

Earnings will be on an incremental rise until basically... forever. Capitalism wins

Posted by JaneTan68 > 2021-07-28 12:31 | Report Abuse

anyone stuck at RM1.7 like me.....?

Posted by yemes35202etoymail > 2021-07-28 14:28 | Report Abuse

rileks la, uptrend now, just like mrdiy

Posted by kentrade888 > 2021-07-28 15:36 | Report Abuse

CTOS, the pride and legacy of Creador



The CEO of Creador (Brihmal Vasudevan) (pic) did highlight that the firm intends to hold its stake for another five to 10 years. But this was back in 2014 when he envisaged a growth of 20% per annum and had targeted to grow SME clients to 15,000. It is now the seventh year since then and the SME clients today stand at 17,000 strong.

CTOS Digital Bhd closed its initial public offering (IPO) debut at RM1.62, which is 47% above its IPO price of RM 1.10. Considering the weak market sentiment amidst raging Covid-19 cases in the region and political uncertainty, I would say the IPO was a huge success.

In addition, we must note that the CTOS IPO offering was on the higher end of the valuation (45 times the price earnings ratio or PER). At today’s market price, it is trading at 68 times the forward PER. Calculated simplistically, it is expensive by any metrics.

However, what matters isn’t just the PER valuation of the business. There are certain qualitative factors to consider.

Prior to the IPO, I chose not to write about CTOS as there were many writers commenting on the stock across all forums. An additional opinion doesn’t matter as much.

What prompted me today, however, was because I noticed a brokerage’s telegram channel which was bullish on CTOS, directly encouraging retail investors to take position citing MR DIY’s IPO performance as a benchmark. I do not think this is a fair justification to invest in a stock.

MR DIY and CTOS are completely different sectors although they have the same private equity (PE) fund backer. Based on this rationale, as MR DIY’s share price went up close to three times from its IPO price, does it mean CTOS would also go up in the same quantum?

Many unknowing retail investors, especially those who are new to investing, may take it at face value and just plough into the stock. It is necessary to look at CTOS from various angles before making a decision, not just benchmarking a previous IPO performance.

CTOS in itself is a household name as most of our financial data is readily available or compiled by CTOS. Its usage is as close to a daily essential or necessity in the commercial world. I do not deny the near monopolistic position (market leader) of CTOS in Malaysia’s credit rating reporting sector gives it a shining halo.

If you look at CTOS from the lens of the credit rating reporting sector, it is in my humble view that CTOS is rather steep in valuation accorded by the market. There are other companies which are far more profitable and scalable with higher dividend yield or at least real returns for investors.

In short, it is expensive. To determine if CTOS is a viable investment, there is a need to also look beyond our shores for comparison of companies within the same sector, as Malaysia is after all a very small market.

The notable names in this sector are Experian Plc which is listed on the London Stock Exchange and Equifax Inc that is on the New York Stock Exchange. The table shows the valuation multiple and market capitalisation comparison of the companies within the space. You can see clearly, that against the bigger and more established names in the sector, CTOS is trading at a much higher valuation.

However, if you look at CTOS from the view of a fintech play or at least an important part of the fintech space (with digital bank development for Malaysia in the near future), then this is something else altogether.

It is similar to the electric vehicle (EV) space, whereby any stocks related to EV go crazy in terms of market interest and premium for its valuation. What I have learnt from the stock market in the past two years especially with the influx of millennial retail investors would be; they are willing to pay for a stock which is related to “theme of the future” regardless of the fundamentals.

Whether this is rational or not is a topic for another day. In addition, there is the plus point of scarcity premium and growth prospect considering CTOS has only started to embark on regional expansion.

Apart from looking at CTOS from the two lens mentioned above, an important perspective would be Creador’s role in the middle of all these. CTOS is not like MR DIY. It is the pride and legacy of this PE firm.

Early on in 2014, before Creador achieved today’s market reputation and status, Creador bought a 70% stake in CTOS Holdings for RM215mil in September 2014 through its second fund and later on another 10% stake at RM45mil (total RM260mil for an 80% shareholding).

Through the IPO, Creador offered 720 million shares (36%) for sale via the listing exercise. The fund pockets a cool RM792mil cash. This nets a gross gain of three times for the 36% stake alone.

Not forgetting the balance 40% stake (880 million shares post-enlarged issuance) which is at present day worth RM1.41bil. Let’s say Creador were to exit in full today, the PE fund would net a gross gain of RM1.94bil before

Posted by sabuns > 2021-07-28 15:59 | Report Abuse

very strong support, lets go go go TP 1.63

Posted by drken91 > 2021-07-28 16:56 | Report Abuse

interesting insight, @kentrade888 tq
anyone care to give an intellectual rebuttal?

Posted by JaneTan68 > 2021-07-28 17:06 | Report Abuse

Did some googling on brahmal , he is a pump dump syndicate !!1! habis aku

Posted by Bgt 9963 > 2021-07-28 17:15 |

Post removed.Why?

Posted by Maxsuper > 2021-07-28 21:35 | Report Abuse

.... everyday up 2sen is fine for me....

Posted by value1nvesting > 2021-07-28 23:25 | Report Abuse

Price seems to be hovering around 1.50-1.60, waiting for breakout signal

Posted by Bgt 9963 > 2021-07-29 08:53 |

Post removed.Why?

Posted by brennan > 2021-07-29 09:28 | Report Abuse

No Power. Sien

Posted by abwwmdtif > 2021-07-29 09:33 | Report Abuse

go go diamond hand

Posted by Josyong89 > 2021-07-29 09:56 | Report Abuse

Everyday up sikit sikit jadi Bukit

Posted by brennan > 2021-07-29 10:00 | Report Abuse

it up sikit sikit tak apa. Jangan Up sikit sikit down banyak banyak.

Posted by brennan > 2021-07-29 10:11 | Report Abuse

ini dia nak marah marah dia lagi boleh respond. Jika tidak mabuk sana

Posted by Uncle_Lim > 2021-07-29 10:21 | Report Abuse

LOL sor chai rr88 sold at loss is it?

Posted by abwwmdtif > 2021-07-29 10:22 | Report Abuse

Yeah~ Hello to the unknows who keep dumping. Don't stop keep sell yeah~

Posted by suprnoob > 2021-07-29 11:32 | Report Abuse

get out laaaa..brhmal is honeymooning with your money.

Posted by Citadel9999 > 2021-07-29 11:34 | Report Abuse

this rr88 yesterday baru said growth la today say overpriced ong gao

Posted by shiby > 2021-07-29 11:44 | Report Abuse

give it some time to stabilise.got small dividen so should be ok.

Posted by jutawansenyap > 2021-07-29 12:04 | Report Abuse

Kalau macamni, tak pergi ni.

Posted by Goldberg > 2021-07-29 14:08 | Report Abuse

CTOS Digital buys minority stake in RAM for RM10m
------------------------------------------------
Thursday, 29 Jul 2021

KUALA LUMPUR: Credit reporting company CTOS Digital Bhd is buying a 4.6% stake in rating agency RAM Holdings Bhd from CIMB Bank Bhd for RM10.05mil.

In a filing with Bursa Malaysia on Thursday it had entered into a share purchase agreement with CIMB to buy the stake, comprising 462,500 shares.

CTOS Digital group chief executive officer Dennis Martin said: “We believe there are strong synergies in both product offerings and customer base between both companies which we will look to realise on moving forward.”

Posted by sabuns > 2021-07-29 14:25 | Report Abuse

overvalued counter makahai. IPO 1.10 I also feel not happy already now 1.50-1.60 how to buy

Posted by jutawansenyap > 2021-07-29 14:40 | Report Abuse

As mentioned 2 hours ago, it will break support and find new low before further up.

Posted by sabuns > 2021-07-29 14:48 | Report Abuse

easily below 1.50 if the trend seller keep pushing the price down. I hold Ramssol better than CTOS at least I saw that guy climb from 0.50+ until today and that was a very good positive uptrend sign for investor to hold.

Posted by kentrade888 > 2021-07-29 15:42 | Report Abuse

CTOS数字出资1005万 购RAM控股4.6%股权
2021年07月29日
（吉隆坡29日讯）CTOS数字（CTOS，5301，主板科技股）掏出1005万令吉，从联昌国际（CIMB，1023，主板金融股）手中，认购大马评估机构控股（RAM）的4.6%股权。

CTOS数字周四发文告指出，已和联昌国际签署股权认购协议，以1005万令吉现金，买进RAM约46万股，相等于4.6%股份。

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该认购活动会在周四完成，同时，CTOS数字的债务也不会因此增加，因他们是利用首次公开售股筹集回来的资金来购股。

该公司也解释，通过此次认购，CTOS数字和RAM可利用彼此在信用评估、数据分析方面的专业知识，提供更优质服务予客户群。

“双方都将受惠于这项伙伴关系，和产生协同效益。”




CTOS数字总执行长丹尼斯马丁也说：“RAM是国内债券评级行业的领先者，他们有在经济、债券市场研究、数据分析方面提供一系列解决方案。”

“我们相信，未来双方会在产品、客户群方面存在巨大协同效益。”

Posted by trum > 2021-07-29 15:43 | Report Abuse

Ctos still good buy kah?

Posted by Uncle_Lim > 2021-07-29 17:05 | Report Abuse

Someone better give brahmal viagra before ED

Posted by not_wendy > 2021-07-29 18:06 | Report Abuse

Pump and Dump

Posted by trum > 2021-07-29 18:59 | Report Abuse

Really Pump and Dump???

Posted by trum > 2021-07-30 07:35 | Report Abuse

Pump and Dump???

Posted by Bgt 9963 > 2021-07-30 08:58 |

Post removed.Why?

Posted by siulong1 > 2021-07-30 10:12 | Report Abuse

CTOS pattern, push a bit, then big lot dumping.........

Posted by abwwmdtif > 2021-07-30 10:14 | Report Abuse

Who the hxxk has infinity shares to dump.....