CTOS DIGITAL BERHAD

KLSE (MYR): CTOS (5301)

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Last Price

1.18

Today's Change

-0.02 (1.67%)

Day's Change

1.18 - 1.20

Trading Volume

27,800


5 people like this.

2,295 comment(s). Last comment by Mitchell79 6 days ago

Belila

79 posts

Posted by Belila > 2021-07-19 00:26 | Report Abuse

I like it but too far from reality n realistic
Let see tomorrow morning Monday blues

Posted by HuatOngHengAh > 2021-07-19 00:45 | Report Abuse

Mr Diy nobody wants (IB can do whatever they want) - shoot up so much. CTOS everybody wants - ( ) Be careful. You hear the honk but no car turns up :) my 20 years experience

jeffchan1901

1,403 posts

Posted by jeffchan1901 > 2021-07-19 01:44 | Report Abuse

guys, not saying CTOS is too big to fail, am saying share prices unlikely to fall before 6 months moratorium is up

iHunter

711 posts

Posted by iHunter > 2021-07-19 06:35 | Report Abuse

Most seasoned investors know that this stock is not for long term investment and the company may disappeared one day as indicated in the analysis. Although the price is ​overpriced,
many new retailers still buying and that will be good for trading including shorting. Furthermore, you have 6 months before the directors starting disposing their share.

Anyway, have a great trading...




DingHai888 Best analysis on ctos so far
https://youtu.be/_PFxseTDOS

MichelleNg

1,031 posts

Posted by MichelleNg > 2021-07-19 07:10 | Report Abuse

Today can limit up?

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2021-07-19 07:12 | Report Abuse

Heard one of the CTOS Director used to be a seasoned GOLENGG KAKI
Can't rule out >> RM 2.50.....
Year end RM 5....another Mr D I Y in the making

iHunter

711 posts

Posted by iHunter > 2021-07-19 07:22 | Report Abuse

Just found out that some payment to their partners/vendors are in the form of share. Hence, not only thier employees to get their cash today, thier vendors are also want to collect cash today by disposing thiers.
This is not good for us...I

Mark2345

33 posts

Posted by Mark2345 > 2021-07-19 07:30 | Report Abuse

Yeah…my uncle father’s mother’s friend also told me the stock will go to RM 5…alien from another space buy this stock..haiya, stop with rumours without source la…you think ctos management will destruct their self by paying their vendors with shares??

iHunter

711 posts

Posted by iHunter > 2021-07-19 07:38 | Report Abuse

Yea, I hope it's not true. But when some of thier vendors asking my partners how much that they should sell thier share that they got from the company for thier payment, I think that can already conclude our doubts.

By the way, it's normal for companies to pay thier vendors with share and CTOS is not committed any wrong doing here.

iHunter

711 posts

Posted by iHunter > 2021-07-19 07:43 | Report Abuse

The best strategy to trade our over price stock today is to sell our share and buy it lower. As long as it's not lower than than what employees buying which 80 cents as claimed by somebody, I think should be OK.

Mark2345

33 posts

Posted by Mark2345 > 2021-07-19 07:43 | Report Abuse

Normal?? Let say ctos need to pay its vendor rm 500k, so how they pay with shares? By following opening price or ipo price? You think this is bitcoin???

Mark2345

33 posts

Posted by Mark2345 > 2021-07-19 07:45 | Report Abuse

And if the vendor is sdn bhd…how they will declare in their income statement? How they pay service tax?

iHunter

711 posts

Posted by iHunter > 2021-07-19 07:52 | Report Abuse

Hello,
Check with any other sdn bhd on how they getting payment from companies that doing IPO.

It 's same principles as how some developers paying to thier sub-Con - by barter system with some of the houses. How do they declare that to income tax, it's the same principle as this.

I guess you never done business before.

iHunter

711 posts

Posted by iHunter > 2021-07-19 08:00 | Report Abuse

As I said, it's normal for Companies to pay to thier vendors by share. Some of my companies get our payment in that way and no issue. We just need to sell it on the first day to get our payment.

How do you think share price like Mr.DIY have 10 cents lower from IPO price for its lowest price on its first trade day.

iHunter

711 posts

Posted by iHunter > 2021-07-19 08:09 | Report Abuse

Normally, vendors will be offered 10% lower than its IPO value. So, if they sell it 9% lower, they still get thier payment.

Mark2345

33 posts

Posted by Mark2345 > 2021-07-19 08:13 | Report Abuse

No…never heard such practise in malaysia…is it more useful if offer ipo to public…get money from ipo…and pay debt with the money?? What is the rational for doing that?

paperplane

21,652 posts

Posted by paperplane > 2021-07-19 08:21 | Report Abuse

The IPO is to pay debts.

iHunter

711 posts

Posted by iHunter > 2021-07-19 08:22 | Report Abuse

The rationale is simple, they able retain thier cash instead of giving out the cash. Same rationale as developers paying to thier subcontractors - converting one of the house as payment. Subcontractors normally agree because they will be offered lower price than its retail price.

But to get the payment, they need to get agents to sell the houses. Same to IPO, the vendors need to sell it to get thier payment.

That is why first trade of IPO will drop because employees and vendors want to get thier money ASAP.

Mark2345

33 posts

Posted by Mark2345 > 2021-07-19 08:25 | Report Abuse

Whats the point? The difference of holding cash is only 1-3 months…paying with shares I assume need fees

Mark2345

33 posts

Posted by Mark2345 > 2021-07-19 08:26 | Report Abuse

And so much paper work…while paying in cash is less pain…haiya…i cant coupe with your theory la

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2021-07-19 08:28 | Report Abuse

EARLY BIRDS.....hot spicy fresh tender worms waitinggg
RM 2.88 no sweat...!!
RM 5.00 year end ...another MR DIY in the making

Mark2345

33 posts

Posted by Mark2345 > 2021-07-19 08:28 | Report Abuse

If the company is properties or developer its logic cause they need years to complete project,but digital company..whats the point??

CharlesT

14,924 posts

Posted by CharlesT > 2021-07-19 08:29 | Report Abuse

Total shares : 2.2B
IPO : 1.1B (50%)

I think difficult to go up

iHunter

711 posts

Posted by iHunter > 2021-07-19 08:30 | Report Abuse

Don't worry. Once you have more than 30 years experienced on stock market and business, you will know it work.


19/07/2021 8:25 AM

Mark2345 And so much paper work…while paying in cash is less pain…haiya…i cant coupe with your theory la

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2021-07-19 08:30 | Report Abuse

ATTACCCKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK $$$$$$$

Posted by EatCoconutCanWin > 2021-07-19 08:30 | Report Abuse

buy in a bit. queue 1.50

Sailangking

1,912 posts

Posted by Sailangking > 2021-07-19 08:31 | Report Abuse

TO open 1.43...lol

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2021-07-19 08:34 | Report Abuse

Much better than MR DIY haaa....$

williamtkb

3,216 posts

Posted by williamtkb > 2021-07-19 08:34 | Report Abuse

Wao... Queue to sell Rm1.40 first.

Sailangking

1,912 posts

Posted by Sailangking > 2021-07-19 08:35 | Report Abuse

road to rm2..........wahahaha

Posted by HuatOngHengAh > 2021-07-19 08:35 | Report Abuse

CTOS WORTH RM10! FASTER BUY IN AT RM1.43!

Posted by HuatOngHengAh > 2021-07-19 08:36 | Report Abuse

Smart, got do homework.

Total shares : 2.2B
IPO : 1.1B (50%)

I think difficult to go up

Jeffreyteck

4,247 posts

Posted by Jeffreyteck > 2021-07-19 08:36 | Report Abuse

Very generous dividend. Lol. Good for trading as usual on first day.

iHunter

711 posts

Posted by iHunter > 2021-07-19 08:37 | Report Abuse

You can already see some vendors are queuing selling at 80 cents... More of thier vendors are panicking to sell it lower later to get thier payment to pay upcoming salary.

All season investors know the RM1.1 is overpriced.

Anyway, have a great trade day.

wilsonngoh

253 posts

Posted by wilsonngoh > 2021-07-19 08:38 | Report Abuse

hoot9

krish52

257 posts

Posted by krish52 > 2021-07-19 08:40 | Report Abuse

i sincerely hope that this counter is not going to be another air asia x on listing day. so much news and yet too many shares made a disastrous debut.

Posted by lavenderong > 2021-07-19 08:41 | Report Abuse

There's one article I've read. The co pay off a lot of dividends, etc to partners, then took a hugh loan to beef up things. Getting listing may be a way of sponging the ignorants. Anybody had that article, pls repost. Thanks.

williamtkb

3,216 posts

Posted by williamtkb > 2021-07-19 08:43 | Report Abuse

Wao Rm1.50. Gap up 40cents.

BE_GREEEEEDY

1,820 posts

Posted by BE_GREEEEEDY > 2021-07-19 08:43 | Report Abuse

potential RM 2.50 closing today $$$$

wkkht

957 posts

Posted by wkkht > 2021-07-19 08:47 | Report Abuse

The high rise at the opening will drop before the market closes.

iHunter

711 posts

Posted by iHunter > 2021-07-19 08:48 | Report Abuse

I will dispose first thing in the morning and will acquire at lower price today but I hope it will not hit 80 cents although some vendors/employees queuing to sell at the price.

CharlesT

14,924 posts

Posted by CharlesT > 2021-07-19 08:50 | Report Abuse

Open high close low (50% shares for IPO)

Mr.DIY open low close high (only 15% of shares for IPO)

Posted by EatCoconutCanWin > 2021-07-19 08:50 | Report Abuse

maybe limit today is 1.8-1.88 . buy morning rm1.50++

iHunter

711 posts

Posted by iHunter > 2021-07-19 08:54 | Report Abuse

Look at the queue and the price now. Better exit first and buy it at lower price...

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-07-19 08:54 |

Post removed.Why?

Posted by HuatOngHengAh > 2021-07-19 08:55 | Report Abuse

so many que to sell at RM0.79 LOL

iHunter

711 posts

Posted by iHunter > 2021-07-19 08:55 | Report Abuse

As anticipated, any overpriced stock is good for shorting... It seems this counter is one of them...

Posted by NewTrader15 > 2021-07-19 08:56 | Report Abuse

as claim somebody.. haha. rumours always win.. haha..

Posted by HuatOngHengAh > 2021-07-19 08:58 | Report Abuse

please dont short selling RSS like glover counter but seems like it...so many thowing at 0.79 level

Posted by ShutTheFxxkUp > 2021-07-19 08:58 | Report Abuse

Sudah nak buka .

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