Stop DAY Dreaming my friends....! This is another " SENHENG " for computers , laptops , monitors , printers , & what not after all with flooded shares NOSH >> 1,250,000,000-00 ... OH BOY..!!
Yes, SNS could be similar to Senheng, retail business. But its trend now is more like MrDIY, another retail business. Now is the time to shake off the weak hearted MITI shareholders. Even with the shake-off, the price is not below the offer price
DIY is totally different... First open at IPO then after 5 minutes steamingg liao. . Hot till today UNLIKE LEMBIQ SNS... Very snailed phase and now REVERSINGG to 20 sen liao
You are wrong. MrDIY was almost flat on the first day listing on 26 October 2020, up only 9% on the first day closing. It started to steam up around end of November 2020, and the rest is history. I know because I hv 100,000 units shares in MrDIY, all sold
what flat ?...hmmm...RM 1.75 then steadily UP & UP ... Mr DIY closed at RM1.75, up 15 sen or 9.4% against its IPO price of RM1.60. Up 15 sen worrr this DIY unlike this kaput & snail phased SNS ( Another Kaput Senheng )
Very difficult situation but the answer is quite clear. Samsung mobile division registered huge blow in their sales as economy slows and cost of living up. Could digital sales sustain ? Fed about to deliver a huge rate hikes to shrink the economy and to bring down the CPI which below 8.1 and more. Will you buy more gadgets when the economy shrinks ? Will there be more people to flock out deep in their pockets for a nice tablets and handphones like Samsung Galaxy Fold 4 ? Maybe not. The answers lies on you whether to go for this counter or vise versa.
Bought another 50,000 when it was at 24 sen, and sold at 28 sen on Monday. Profit 12%, and still holding 250,000 units with 6% premium. Not really kaput....
haha vicky.. you need to see Malaysia younger generation.. Malaysia ecosystem n culture is different from adult.. young generation will update with new brand gadgets.. latest style their will add on to their life style.. their never care about economy doom or gloom.. why every years gadgets always come up latest one? if demand not there..
sns now in good Prospek business..secure government contract.. now 5G in conner.. school need new hadgets.. TM need good partner..
all this reason why paktua believed to reach rm0.35-0.45 is reasonable..
with huge outstanding share.. is like wall from any syndicate n cartel to manipulate.. is best place to located our capital save n sound when we facing big hurricane sentiment like fed n cpi red hurricane..
tut tut after hurricane over.. we back sail on any sea we want with out fear hit by hurricane.. to save paktua team capital we choose sns network..we aim rm0.305-0.35 let we see on end sept..are paktua right or wrong..
go for other more prospect share like UMC (Umedic). From ipo 0.320 up until 0.72xx... and now still uptrend. That's we call real men game... up more than 100% since from ipo date 26 July 2022. While sns like Sh*t, never up more than 6% since ipo date... what a shameful share... hahaha.. So embrace to those who still keeping sns...
umc already run maa.. paktua n team earn big ready on lgms,sfp,cmergen,agmo.. only lost at coraza see sns relax n steady.. no need to worries about fed hurricane.. we relax until end of the month.. now qe know range lower just rm0.255 and will hit rm0.305-0.35..
Haha..keeping waiting, provided if you know you will be living for another 15 years... Because looking at this trend, SNS is very poor share even have profits.. but in Malaysia, it doesn't mean profitable company share will rise... In Malaysia is unique, losing money company share will rise more than making money company... Because they are manipulated by the syndicate..so, come back to SNS, you can keep waiting for it to rise to at least 0.300 in another 5 years la...haha
SNS SO LEMBIQ - hmmm seems Impoten* SNS looks like SENHENG selling TV , rice cookers , washing machine .. while SNS selling computer , laptops , monitors & what not NO hope liao - that's so kaput - remained there around the IPO price so far Further more very heavy with NOSH 1,250.000.000-00....OMG / Oh My Good TO RIP { Rest In Peace } @ 20 sen
haha.. oku why so jealous on sns?? paktua love see you around.. yelling sns no worth it.. play game.. copy paste..copy paste.. hahaha..
one thing dor sure.. sns still same.. steady..green or red.. still same..
naysayer's sytle..when counter not move up or down say staging,bodo one hold counter slepp bla bla if fast up their say trap bla bla.. if fast down say game over bla bla..
Got to THROWWWWW Cold Water ...Why ? To educate @ Save especially innocent Newbies Stop Day Dreaming....Wasting Time only SNS is NO Agmo....it's NO SFPTECH SNS is " Another SENHENG " - collapsed from IPO RM 1.07 to 57 sen this year LIKE it OR NOT SNS ?.....TO Rest in Peace { RIP } 15 - 20 sen
hahaha paktua just set at rm0.305-rm0.45 on one month to 6 month period.. above thats paktua also not dare haha
====== ampabella tut tut ....many ppl said SNS can go to rm1.00 but saya not greedy lah dapat 0.28cts cukup makan char kueh teow pon hapi oreli 09/09/2022 5:18 PM =======
kikiki.. if some one to obsessed yelling.. neither he make love with this counter n want buy lower or he misss the boat to buy lower hehehe..
now no more sengheng ke hihi..
========== OKU_2020 hmmm Proven Lembiq liao lomah sah what jang oiii,,,,remained around the ipo price after 1 week edi..? why... too too heavy - overly heavy carrying " Weight " of 1,250,000,000-00 shares ( NOSH ) can't rule out this >> TO ??.... Rest In Peace { RIP } @ 15 - 20 sen 09/09/2022 11:34 PM ========!==
tut tut oku like rr88 just joking but kind person..
SNS just traded for 1 week..... Price sustaining well at 26c...... Above 30c looks very likely..... Good closing this morning on DJI & Nasdaq..... Let's see what happen on next week???? Going up towards 30???
hmmm Proven SNS >> Lembiq liao lomah sah what jang oiii,,,,remained around the ipo price after 1 week edi..? why... too too heavy - overly heavy carrying " Weight " of 1,250,000,000-00 shares ( NOSH ) can't rule out this >> TO ??.... Rest In Peace { RIP } @ 15 - 20 sen
Stock: [LGMS]: LGMS BERHAD OKU_2020 Suffering due to TRAP SET BY SYNDICATE #Azab... 2022-06-09 09:31 | Report Abuse
Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD OKU_2020 The got to soldier ON... Hopefully to ENTICE innocent Newbies... Hmmm 2 months ago | Report Abuse
Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD OKU_2020 Seems this Operator in Hot Soup... Sweating trying fighting the Gloomy Bursa/Global Market... They are digging their own grave yard....Good luck he he he 2 months ago | Report Abuse
Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE OKU_2020 Miti addicts Kena PREQQ kaw kaw 1 month ago | Report Abuse
Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE OKU_2020 Condolence to the FALLEN Comrades... NEXT Those getting ECOScience IPO in jeopardy/can't sleep liao 2 months ago | Report Abuse
Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE OKU_2020 another Killer IPO 20 sen tomorow 2 months ago | Report Abuse
Stock: [INFOTEC]: INFOLINE TEC GROUP BHD - STOCK QUOTE OKU_2020 wasting time apply ipo... can get cheaper today ..25 sen miti addicts sweating now !! seems IPO market is DEAD lately 2 months ago | Report Abuse
Stock: [AGMO]: AGMO HOLDINGS BERHAD OKU_2020 seems a deadly TRAP..... RUNNNNNNNNNNN for your live 3 weeks ago | Report Abuse
Stock: [SFPTECH]: SFP TECH HOLDINGS BERHAD OKU_2020 Syndicate off loading n RUNNNNNN with $$$ 1 week ago | Report Abuse
Stock: [AGMO]: AGMO HOLDINGS BERHAD OKU_2020 Game overrr RUNNNNNNNN 1 week ago | Report Abuse
============
tut tut adakah anda ada masa nak pening pasal OKU_2020?
The group, principally involved in the sale of information and communications technology (ICT) products, has raised RM90.7 million from the listing exercise with desire to fulfil its expansion plans in the short and medium term.
SNS Network managing director Ko Yun Hung said the group believes there are many opportunities in the commercial segment of the local market, including government agencies and educational institutions, with digitalisation plans for hybrid working arrangements and e-learning options as the pandemic eases.
“In 2020 and 2021, many corporations cut down on spending which includes the ICT (side). This year, when the economy reopened, we are seeing two years of delayed sales coming, including from classrooms that want to upgrade their infrastructure,” Ko told the press after the listing ceremony.
Ko highlighted that the commercial segment is SNS Network’s core revenue generator, as it had contributed 70% of the group’s revenue in the past four years.
For the financial year ended Jan 31, 2022 (FY22), SNS Network’s profit after tax stood at RM35.92 million, compared with RM23.81 million in FY21, RM7.78 million in FY20, and RM9.1 million in FY19.
Meanwhile, revenue totalled RM1.11 billion in FY22, RM721.47 million in FY21, RM675.28 million in FY20, and RM594.14 million in FY19.
Ko said based on the RM1.11 billion revenue in FY22, SNS Network commanded only a small market share of 1.47%, and he further emphasised that there is a lot of room to grow.
In terms of overcoming the ongoing supply chain disruptions that the industry faced, Ko said the group is working closely with suppliers on product roadmap and forecasting.
“We used to give forecasts for sales on a quarterly basis. But since the pandemic, we expanded to six months for a longer forecast.
“We also seek to understand customers' consumption objective and inform them on the options they have to meet both expectations to mitigate these shortages. I think all ICT players have a similar strategy,” Ko said.
The company has earmarked RM33.4 million from the proceeds of the IPO for capital expenditure, of which RM30.9 million is to be allocated towards growing its device-as-a-service (DaaS) subscription-based service, while RM2.5 million will be used to open 10 new retail stores in Klang Valley, Johor and Penang.
DaaS is a model for device leasing offered to customers based on monthly subscription payments. To date, SNS network said it has 82 DaaS subscriptions with a total subscription value of RM225.86 million.
It added that the company received 75 enquiries from which SNS Network has entered into contracts with 26 governmental bodies amounting to RM247.49 million and three public listed companies amounting to RM550,000.
Ko also noted that the 10 new retail stores envisioned will be established within the next three years.
Another RM18 million of the proceeds will be used to part finance the construction of the company’s new regional hub in Petaling Jaya to support its nationwide expansions, while RM20 million will be used for repayment of bank borrowings, RM13.1 million for working capital, RM1.5 million for marketing of its JOI smart classroom framework, and RM4.7 million to defray listing expenses.
“For our house brand JOI, we positioned it as an affordable device for the market. There is always good demand for entry-level devices, which is a form of usage for the education sector. Parents buy entry-level devices for young school kids.
“We want to align with that and come out with more JOI products to cater to the affordable segment,” he said.
Having said that, Ko noted that JOI brand only contributes to 2% of SNS Network overall revenue.
SNS Network, which started in 1998, carries a total of 33,633 stock-keeping units (SKUs) of third party ICT products and 363 SKUs of JOI products.
Rakuten Trade has rated SNS Network 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, 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.
PublicInvest Research has valued SNS Network Technology Bhd at 33 sen, and said over the years, SNS had continued to expand its presence by setting up other brand specialty stores.
This includes Acer, AMD, Asus, Dell, HP, Huawei, Lenovo, Mi, MSI and Omen, following the launch of its first Apple Store, branded under the brand name “iTworld” in Ipoh.
In an initial public offering (IPO) note on Wednesday (Aug 17), the research house said SNS had a wide market coverage, as its information and communications technology (ICT) product and service offerings are sold to customers through its physical store channel and online store channel, in Ipoh.
In an initial public offering (IPO) note on Wednesday (Aug 17), the research house said SNS had a wide market coverage, as its information and communications technology (ICT) product and service offerings are sold to customers through its physical store channel and online store channel, in addition to customers via its commercial channel.
tut tut Prospek business good.. secure contract with government education department. friendly with BN..
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....
mf
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