Posted by geary > 2022-09-02 19:00 | Report Abuse

Bought #0.24｡◕‿◕｡

Posted by Yu_and_Mee > 2022-09-02 19:40 | Report Abuse

Why I don't see good in this counter. I might be wrong, just share my view.
1. 1,612.78 outstanding shares. This amount of share is too huge and dilute the EPS kao kao.
2. Profit margin too low. Only close to 2.5%. This profit margin is even less than most of EMS companies.
3. Floating shares (other than company founder and co) too huge.

Posted by Goldberg > 2022-09-02 19:45 | Report Abuse

Rakuten Trade values SNS Network Technology shares at 36 sen

Surin Murugiah

theedgemarkets.com

September 02, 2022

KUALA LUMPUR (Sept 2): Rakuten Trade has rated SNS Network Technology Bhd a “buy” at 26 sen with a target price of 36 sen and said coupled with rising demand for ICT solutions due to workplace digitalisation, it expects SNS Network to register net earnings of RM31.8 million for FY23 and RM38.8 million for FY24.

In an investment idea note on Friday (Sept 2), Rakuten said the target price of 36 sen was premised on 15 times price-earnings ratio (PER), 50% discount to its listed peer on Bursa Malaysia due to smaller market capitalisation.

The research house said SNS Network’s commercial channel, which contributed 72.7% to total revenue in FY22, will continue to be the main growth driver.

It said with the new era of subscription-based IT service, device-as-a-service (DaaS), SNS Network will be able to recognise recurring income for five years per subscription.

It said as of April 2022, SNS Network has enrolled 77 DaaS subscriptions worth RM235.55 million.

Telekom Malaysia Bhd was one of the major clients with 45.1% revenue contribution and this strong collaboration was built over the past 19 years.

“SNS has been appointed as Apple Authorised Service Provider since 2014, marketed as 'iTworld'. SNS’s physical store channel comprises 56 brand-specialty stores and seven multi-brand concept stores across Malaysia,” it said.

Posted by OKU_2020 > 2022-09-03 08:33 | Report Abuse

Fair Value 25 sen only... Billions of shares - too much too heavy... With Dow jone /Nasdaq further collapsed... 20 sen coming soon... SNS sell computers, printers like Senheng for TV, , many competitors....

Posted by Vicky > 2022-09-03 15:12 | Report Abuse

Take note SNS is looking after the hardware

Posted by Yu_and_Mee > 2022-09-03 15:15 | Report Abuse

@OKU_2020 is correct. Same view as mee.

Posted by OKU_2020 > 2022-09-03 16:54 | Report Abuse

Yu_and_Mee
@OKU_2020 is correct. Same view as mee.
1 hour ago
-------
the fair value of 25 sen given by Broker's firm TA , not by me O K U @Otai Kuat Umno
after all open on listing perfectly @ 25 sen - then down to 23 sen
it's merely another SENHENG - nothing special mehh

Posted by ampabella > 2022-09-04 17:24 | Report Abuse

next week potential to fly to 0.30cts, my personal feeling @ leng kam

Posted by cuhar > 2022-09-04 23:03 | Report Abuse

closed 26.5 sen . heavy collecting at 24.5 leng gam can get starbucks machiato at 29

Posted by cuhar > 2022-09-04 23:06 | Report Abuse

happy sipping and drawing NIKE logo for SNS

Posted by victor > 2022-09-05 07:36 | Report Abuse

first day cannot red one ma....

Posted by Goldberg > 2022-09-05 09:11 | Report Abuse

TP 36 sen.

A“buy” at 26 sen with a target price of 36 sen and said coupled with rising demand for ICT solutions due to workplace digitalisation, it expects SNS Network to register net earnings of RM31.8 million for FY23 and RM38.8 million for FY24.

Rakuten.

Posted by OKU_2020 > 2022-09-05 09:20 | Report Abuse

Trap
TP merely 25 sen by Brokers firm TA
Too much - Glut of shares issued
20 sen on the way...!!

Posted by Vicky > 2022-09-05 10:51 | Report Abuse

Set to buy @ 20 cents. Kiss kiss

Posted by OKU_2020 > 2022-09-05 14:27 | Report Abuse

Losing steam & Kaputing
TO >> 20 SEN

Posted by OKU_2020 > 2022-09-05 14:36 | Report Abuse

VVRROOOOOOOOOOOOOOM
b4 it's too late
syndicate THROWINGGGG
Another SENHENG....what do you expect from this SNS mehh
Many in HOT TOM YAM / HOT SOUP edi....

Posted by 8899EL8899 > 2022-09-05 14:40 | Report Abuse

the first day of ipo did not go up more than 50%,........sns unlikely to run up in future,........more downward potential like senheng,.......because the big boses inside are selling now,........

Posted by OKU_2020 > 2022-09-05 14:46 | Report Abuse

Short lived euphoria - many trap liao
and now in hot tomyam
BOOOO CHOWWW CCCCCC

Posted by cheahgood > 2022-09-05 14:49 | Report Abuse

bodoh sns..welcome on 02 Sep and goodbye on 05 Sep

Posted by cheahgood > 2022-09-05 14:50 | Report Abuse

hahaha...counter bodoh, only can sustain for 2 days... those bodoh said 33cents or 36cents... so bodoh

Posted by cheahgood > 2022-09-05 14:51 | Report Abuse

the only room for sns is 15cents.. who still hold sns is bodoh... haha

Posted by paktua73 > 2022-09-05 15:09 | Report Abuse

eveening...
paktua was pick new comer tech again..
even now in midle fed hurricane..

now..
paktua n legions..
pick
1-infotec
2-sns

and shiping counter
3-syscorp..

infotec set rm0.80-0.95
sns set rm0.45-0.50
like early infotec..sns on end of sept will above rm0.45

and
syscorp set rm0.95-1.03



tut tut
done on coraza,lgms,cnergen,sfptech

Posted by OKU_2020 > 2022-09-05 15:12 | Report Abuse

cheahgood
the only room for sns is 15cents.. who still hold sns is bodoh... haha
---------
business model is like SENHENG.....too much competitors
yesss can't rule out 20 sen ...even further collapsed to 15 sen

Posted by fairyz > 2022-09-05 15:23 | Report Abuse

wow strong distribution just before lunch time

wonder if market would stage another rally on this counter....the QR/FA report is out today


Let's see what happen onwards....

Posted by Apple2353 > 2022-09-05 15:29 | Report Abuse

volume ada tapi tak jalan.

Posted by Silent88 > 2022-09-05 15:44 | Report Abuse

All say like sengheng, totally different concept of business

Posted by paktua73 > 2022-09-05 15:47 | Report Abuse

relax maa..kira strong dah sns..
midle fed n cpi hurricane still maintain above rm0.245..
so paktua set this week is reload time..
0.28 below is best bet..
after 15hb sept kita akan see above rm0.305..


tut tut
normal on newcomer take break on 1st 3 day..

Posted by Yu_and_Mee > 2022-09-05 15:52 | Report Abuse

tut tut

Posted by paktua73 > 2022-09-05 15:56 | Report Abuse

who miss boat agmo,infotec..
now have Chance to boat on good new comer tech..
even in midle fed n cpi hurricane..
sns stand strong above rm0.245..
so this best week to reload below rm0.28..


tut tut
now is best time relaod
paktua n team aim rm0.40 above

Posted by paktua73 > 2022-09-05 16:13 | Report Abuse

sns will above rm0.35..will ahead to rm0.45
infotec will hit rm0.60
syscorp will hit rm0.85
so now is good time to reload



tut tut
dont miss the boat this time..
fed n cpi hurricane will over on 25 sept..
imagine we hold all on now level..

when us market need to push green due senat election on mid Nov

Posted by paktua73 > 2022-09-05 16:33 | Report Abuse

hahaha..paktua love sail on new comer..
sns still good with only 2 day already stand on this level..
in midle hurricane..
fed cpi hurricane sns can thru stand strong above rm0.26..
paktua hope on this friday sns can thru rm0.28..
before end of this month follow infotec above rm0.43..



tut tut
if takut gelora usah bermimpi jadi nelayan
jika sentap dengan naysayer usah bermimpi play trade

Posted by Silent88 > 2022-09-05 16:36 | Report Abuse

Haha good one, Dont run half way like coraza

Posted by paktua73 > 2022-09-05 16:45 | Report Abuse

haha coraza aready endgame..
if not cutlost done..
that why sns paktua pick..
see coraza,sfptech,lgms why now down..
all hit by fed hurricane..
why infotec n sns not impact??

as swing trader we know when to cut out
before sink more deep..
in trade brave to cutlost is part of trading world
and move on..
if make love will die more n more..

tut tut
not only sns,paktua also pick infotec,syscorp..
we swing we will swing on trend counter
even in midle hurricane our stand alive

Posted by Silent88 > 2022-09-05 16:54 | Report Abuse

Hope paktua not already very tua

Posted by jeffrey1166 > 2022-09-05 17:17 | Report Abuse

sns can hit 0.5 mm target

Posted by ampabella > 2022-09-05 23:00 | Report Abuse

SNS ai lai leow....somebody said late september can hit 0.50cts
whonya bor....saya pon not sure.....let wait and see
if betul dapat 2 lorries besar mau sang durian

Posted by OKU_2020 > 2022-09-06 09:42 | Report Abuse

What do you expect from this LEMBIQ SNS...
Wasting time... Another SenHeng in the making...
SNS To RIP ( Rest in Peace ) @20 SEN
BTW today T + 2 ....tomorow T + 3 force selling - getting worst !

Posted by paktua73 > 2022-09-06 10:30 | Report Abuse

morning..
sns baru jer lahir..
sns tech sector..
sengheng retail sector..
gila apa nak compare..
sengheng lahir je terus down..
sebab sector retail maa..
macam mynews sam(7e)
bfood..

sns bukan jual laptop tapi provide perkakas pembelajaran..
konrak with kerajaan..
bukan bukak kios or outlet macam sengheng..
iyaaa..

sns still good above rm0.25..
paktua set on 2 week will reach rm0.305 above..



tut tut
jika rasa sentap dengan naysayer baik
tak payah play on tech sea..baik jual goreng pisang..

Posted by paktua73 > 2022-09-06 10:33 | Report Abuse

sns baru jer lahir..macam agmo..,infotec,
long bit time ago cnergen n coraza..
lagi laa amik masa at least 2,3 bulan baru ada rally..
nak terus up beli no ekor 4d laaa..



tut tut
hengyuan,petronm all good qr naper down teruk
apsal tak cakap gila play there??

Posted by paktua73 > 2022-09-06 10:34 | Report Abuse

sns paktua n team set 2 minggu to reach above rm0.30
let see on 2 weeks


tut tut
let ride till next 2 weeks

Posted by Vicky > 2022-09-06 13:56 | Report Abuse

Time to dive as Nasdaq another melt down from Fed interest rate hike without remorse

Posted by Yu_and_Mee > 2022-09-06 13:58 | Report Abuse

14bil shares. please lah, this is not a good stock to test at all

Posted by BE_GREEEEEDY > 2022-09-06 15:22 | Report Abuse

I am back with a BANGG
ATTACCKKKKKKKKKKKKKKKKKKKKKKKK !
40 SEN Closing today ??
#BeGREEEEEEEEEDY when others are SHIVERINGGG - W Buffett

Posted by kopi peng > 2022-09-06 15:31 | Report Abuse

yes why 14b ?

Posted by Yu_and_Mee > 2022-09-06 15:35 | Report Abuse

only mention wrong bil, people will go to find out.
1.6bil share not huge?
EPF only .....
Profit margin only ....
not a good stock

Posted by paktua73 > 2022-09-06 15:57 | Report Abuse

evening..
paktua love play on huge on big outstanding share..
its cheap..hard to manipulate..
yes slow to climb..
but hard to go down..
most save place to ride on volatile sea..
to aim rm0.28 its practical..
here paktua n team we can sleep well..
2 week will reach rm0.305..


tut tut
fed n cpi hurricane round conner..
opr new all will give chain reaction..
sns n infotec will save to sail..

Posted by anaktimurlaut > 2022-09-06 16:13 | Report Abuse

Still holding to my 250,000 units of SNS shares. Managed to add another 50,000 when it was at 24 sen. The company is making profit, so why worry?

Posted by paktua73 > 2022-09-06 17:17 | Report Abuse

paktua agreee..
sns not bad counter..is new born only..
now is cheap to in..


=======
anaktimurlaut@Still holding to my 250,000 units of SNS shares. Managed to add another 50,000 when it was at 24 sen. The company is making profit, so why worry?
06/09/2022 4:13 PM
=======



tut tut
good move anaktimurlaut

Posted by paktua73 > 2022-09-07 08:17 | Report Abuse

morning..
iyaa oku why so late??
you also same..
in saprng more worse counter..
more bigger share iyoooo...

sns we sail with save n sound..
slowly climb..
also hard to go down..

see this article..

Rakuten Trade has rated SNS Network Technology Bhd a “buy” at 26 sen with a target price of 36 sen and said coupled with rising demand for ICT solutions due to workplace digitalisation, it expects SNS Network to register net earnings of RM31.8 million for FY23 and RM38.8 million for FY24.

In an investment idea note on Friday (Sept 2), Rakuten said the target price of 36 sen was premised on 15 times price-earnings ratio (PER), 50% discount to its listed peer on Bursa Malaysia due to smaller market capitalisation.

The research house said SNS Network’s commercial channel, which contributed 72.7% to total revenue in FY22, will continue to be the main growth driver.

It said with the new era of subscription-based IT service, device-as-a-service (DaaS), SNS Network will be able to recognise recurring income for five years per subscription.

It said as of April 2022, SNS Network has enrolled 77 DaaS subscriptions worth RM235.55 million.

Telekom Malaysia Bhd was one of the major clients with 45.1% revenue contribution and this strong collaboration was built over the past 19 years.

“SNS has been appointed as Apple Authorised Service Provider since 2014, marketed as 'iTworld'. SNS’s physical store channel comprises 56 brand-specialty stores and seven multi-brand concept stores across Malaysia,” it said.
=========

sns not like sengheng..
even sector also different..
sns in tech sector..
and have contrak with government on education department..
also with glc(TM)

sengheng just in retails sector
depends on outlet n kios..
se like mynew,sam(7e)Bfood..
ayooo..


tut tut
sengheng n sns
ibarat ikan dengan pokok
gilaa apa jauh beza..

Posted by paktua73 > 2022-09-07 08:25 | Report Abuse

with secure win govt contracts worth RM335 mil
sns is good track to climb above rm0.305-rm0.35
with huge outstanding share..
its hard to any syndicate or cartel to manipulate..
more save to put capital on volatile sea..

sns slow n steady move up..
and hard to go down..


=========

The EDGE
27 August 2022. Saturday
▼
Highlight
Four companies win govt contracts worth RM335 mil to supply tablets to B40 students in Peninsular Malaysia
Incorporated on April 21, 2000, SNS Network, which is headquartered in Ipoh, Perak, bagged the biggest tender amounting to RM99.76 million and will handle the supply for the northern zone, comprising Perak, Perlis, Kedah and Penang. The company is wholly owned by ACE Market-bound SNS Network Technology Bhd, which is slated to make its market debut on Sept 2.

KUALA LUMPUR (Aug 25): Four companies have won contracts worth RM335.22 million in total from the federal government to supply tablets for students from B40 households under the PerantiSiswa Keluarga Malaysia initiative.

According to the Ministry of Finance (MoF)’s government procurement information centre, MyProcurement, Synerlitz (Malaysia) Sdn Bhd, Etika Info Sdn Bhd, SNS Network (M) Sdn Bhd and Uptrend Technology Sdn Bhd were chosen as winners, based on its tender decision update dated Aug 3.
=========



tut tut
to ride with confidence on devil fed hurricane
is with sns ship..