CTOS DIGITAL BERHAD

KLSE (MYR): CTOS (5301)

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Last Price

1.24

Today's Change

+0.02 (1.64%)

Day's Change

1.22 - 1.24

Trading Volume

7,065,200


5 people like this.

2,299 comment(s). Last comment by Mitchell79 46 minutes ago

kuningNo1

85 posts

Posted by kuningNo1 > 2024-03-12 09:57 | Report Abuse

OMG. why keep drop.

t_nike2002

370 posts

Posted by t_nike2002 > 2024-03-12 10:12 | Report Abuse

Run for ur life…. This business no longer viable…

kuningNo1

85 posts

Posted by kuningNo1 > 2024-03-12 10:14 | Report Abuse

Creador keep buying

xuxu

5,757 posts

Posted by xuxu > 2024-03-12 10:14 | Report Abuse

wanna catch

paktua73

18,251 posts

Posted by paktua73 > 2024-03-12 10:19 |

Post removed.Why?

t_nike2002

370 posts

Posted by t_nike2002 > 2024-03-12 10:21 | Report Abuse

Fund managers are dumping while clueless retailers r collecting falling knife who has no clue that the business is No longer viable anymore with the judgement ..

t_nike2002

370 posts

Posted by t_nike2002 > 2024-03-12 10:21 | Report Abuse

Creador is dumping

zzzzz

1,879 posts

Posted by zzzzz > 2024-03-12 10:24 | Report Abuse

RM1.20 now..... catch the falling knife ????

Posted by zerosumplayer > 2024-03-12 10:28 | Report Abuse

Even without the scoring system, as a business owner i would still subscribe to their service for other purposes. The scoring system is just indicative where it can be replaced with something else.

kuningNo1

85 posts

Posted by kuningNo1 > 2024-03-12 10:28 | Report Abuse

Low get lower.

xuxu

5,757 posts

Posted by xuxu > 2024-03-12 10:29 | Report Abuse

wait, the support is broken

Posted by NoTimeToTrade > 2024-03-12 10:29 | Report Abuse

The judge also not an industry expert, his ruling that CTOS cannot create its own credit rating will be overturned in the appeals court because this is the norm of credit data agencies to unlock value through innovative use of the data. If all credit data agencies were to just act as depositories then big data will fail all over the world. Furthermore, this ruling if allowed to stand will be detrimental to our data analysis industry because it ties everyone's hands to only looking at data but cannot say anything. This judge should have had an expert witness or practice some restraint in his ruling.

kuningNo1

85 posts

Posted by kuningNo1 > 2024-03-12 10:30 | Report Abuse

Limit down later...

paktua73

18,251 posts

Posted by paktua73 > 2024-03-12 10:30 |

Post removed.Why?

Raiz368

1,589 posts

Posted by Raiz368 > 2024-03-12 10:30 | Report Abuse

Will fall below IPO price or limit down

Goldgent

1,348 posts

Posted by Goldgent > 2024-03-12 10:31 | Report Abuse

1.02 soon

ltlim74

44 posts

Posted by ltlim74 > 2024-03-12 10:31 | Report Abuse

Floodgate of lawsuits waiting..

Posted by melvinlautt > 2024-03-12 10:32 | Report Abuse

can challenge PADU rating??? 😁

mizieXX

68 posts

Posted by mizieXX > 2024-03-12 10:34 | Report Abuse

Buy2..lets slaughter our own head..hehe

xuxu

5,757 posts

Posted by xuxu > 2024-03-12 10:35 | Report Abuse

like that must queue 1.02 hehe

paktua73

18,251 posts

Posted by paktua73 > 2024-03-12 10:36 |

Post removed.Why?

gohkimhock

3,089 posts

Posted by gohkimhock > 2024-03-12 10:37 | Report Abuse

CTOS could only argue at Court of Appeal later if they decided to file an appeal; that the credit score is an value added service. That's their only bullet to overturn the High Court's decision..

Apple2353

1,910 posts

Posted by Apple2353 > 2024-03-12 10:40 | Report Abuse

LD soon

kuningNo1

85 posts

Posted by kuningNo1 > 2024-03-12 10:40 | Report Abuse

1. scroring 1 thing
2. inaccurate information another thing
3. CTOS refuse to communicate is gone case

paktua73

18,251 posts

Posted by paktua73 > 2024-03-12 10:43 |

Post removed.Why?

virgogo

142 posts

Posted by virgogo > 2024-03-12 10:44 | Report Abuse

CTOS model of business is causing the less well to do unable to obtain loans due to their disregard










CTOS business model of providing credit scoring for financial institution to rely on is
causing the lower income group to suffer as they have low scoring thus unable to obtain loan.
Their system is too rigid and not flexible thus causing tremendous hardship to the less
fortunate to obtain any loan. They should just stitch to collecting data while letting the financial
institutions/credit companies decide whether to grant a loan to a borrower. The recent High court
decision is a wake up call for Bank Negara Malaysia to blindly allowing CTOS to behave like a bank
Cheers to consumers

Apple2353

1,910 posts

Posted by Apple2353 > 2024-03-12 10:44 | Report Abuse

Otw to LD

smartly

6,431 posts

Posted by smartly > 2024-03-12 10:46 | Report Abuse

limit down soon

Posted by NoTimeToTrade > 2024-03-12 10:46 | Report Abuse

Thanks to the short sellers, got opportunity to buy at basement price! LOL!

paktua73

18,251 posts

Posted by paktua73 > 2024-03-12 10:46 |

Post removed.Why?

mizieXX

68 posts

Posted by mizieXX > 2024-03-12 10:48 | Report Abuse

Perhaps can rebound to 1.3 today

zzzzz

1,879 posts

Posted by zzzzz > 2024-03-12 10:48 | Report Abuse

bounced ...1.13

gohkimhock

3,089 posts

Posted by gohkimhock > 2024-03-12 10:49 | Report Abuse

It definitely won't become MMAG la. Banks and a lot of companies, businessmen still need to depend on it. But do your own due diligence..

Posted by zerosumplayer > 2024-03-12 10:50 | Report Abuse

The judge is confused between CCRIS and CTOS. If based on his judgement, no private companies can process the data from CCRIS to provide their own independant 3rd party services. So agencies like RAM etc all can close shop.

paktua73

18,251 posts

Posted by paktua73 > 2024-03-12 10:52 |

Post removed.Why?

zzzzz

1,879 posts

Posted by zzzzz > 2024-03-12 10:55 | Report Abuse

let's watch the show... i think it won't close above RM1.20... need time to climb up

Posted by kokchengkai > 2024-03-12 10:55 | Report Abuse

Share drop like over Overreact , sapu sum at 1.11 jst now . raya angpau sure come hehehe

Posted by birkincollector > 2024-03-12 10:56 | Report Abuse

will definitely got so reverse news......

virgogo

142 posts

Posted by virgogo > 2024-03-12 10:57 | Report Abuse

Now open the floodgate for more people to sue CTOS, especially if they delay in updating customer
information.Like when a defaulter already settle a bad loan, while CTOS record continue to show that the
customer is a defaulter. Cheers to consumer right

zzzzz

1,879 posts

Posted by zzzzz > 2024-03-12 10:59 | Report Abuse

not panic selling nor over react ... such a huge selling pressure,,,

Xcalibre

501 posts

Posted by Xcalibre > 2024-03-12 11:00 | Report Abuse

Funds are Dumping big !…
No one will enter this unviable business until r proven otherwise by another judgement..

If funds not entering there is no point collecting and u will be stuck there or catch further falling knife!

Xcalibre

501 posts

Posted by Xcalibre > 2024-03-12 11:02 | Report Abuse

This is just first day… More to come…!

Xcalibre

501 posts

Posted by Xcalibre > 2024-03-12 11:03 | Report Abuse

Retailers have been tricked to catch poo poo…

Xcalibre

501 posts

Posted by Xcalibre > 2024-03-12 11:04 | Report Abuse

U can see the trend…. Initiate some buying trend then sell big..

mizieXX

68 posts

Posted by mizieXX > 2024-03-12 11:08 | Report Abuse

Kokchengkai so lucky..🤑

Posted by NatsukoMishima > 2024-03-12 11:13 | Report Abuse

Sell now shift to vstecs sure win huge gains !

Posted by NatsukoMishima > 2024-03-12 11:13 | Report Abuse

Serba dinamik tsunami come again !

Posted by NatsukoMishima > 2024-03-12 11:14 | Report Abuse

Below 50 sen soon !

zzzzz

1,879 posts

Posted by zzzzz > 2024-03-12 11:14 | Report Abuse

Anyone can appeal to the court if CTOS gives bad credit score...LOL.... so no point for people using such inaccurate information provider

mizieXX

68 posts

Posted by mizieXX > 2024-03-12 11:15 | Report Abuse

Ctos make appeal..game still on

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