SNS NETWORK TECHNOLOGY BERHAD

KLSE (MYR): SNS (0259)

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Last Price

0.345

Today's Change

-0.035 (9.21%)

Day's Change

0.335 - 0.38

Trading Volume

26,765,600


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735 comment(s). Last comment by Grandmustah 53 minutes ago

paktua73

18,219 posts

Posted by paktua73 > 2022-09-23 11:17 | Report Abuse

morning..
paktua love see OKU come when red..
he predict on sfp since sfp only 0.60-0.80..
he say sfp will below kboom..
will burn who buy (thats time below rm0.80 only)
will never up..
also on lgms n cnergen..
again n again he say..

now when sfp above rm1.70
lgms abovd 1.20
cnergen above rm0.90

why not yelling there back??


sns just hit his 14 yesterday..
still not reach yet 23 days, far to hit 47 days..

cnergen pass 47 trading days what cnergen price?
lgms pass 47 trading days what lgms price?
sfp pass 47 trading days what sfp price?

so sns will pass 47 trading days..
are sns cannot pass rm0.36 at least??


tut tut
adakah kita ada masa to think red now?

OKU_2020

4,704 posts

Posted by OKU_2020 > 2022-09-23 15:31 | Report Abuse

#AzabSokmo....
25 sen Comingg
LEMBIQ - lomah syahw*T Jang oiii

Nesa123

40 posts

Posted by Nesa123 > 2022-09-23 16:35 | Report Abuse

buy now to get iphone14

OKU_2020

4,704 posts

Posted by OKU_2020 > 2022-09-23 16:44 | Report Abuse

Beware....!
SNS NO UMPHH... seems another SENHENG ..
SNS now downtrend to 25 sen then to RIP ( Rest In Peace) @20 sen

cK1973

1,523 posts

Posted by cK1973 > 2022-09-23 17:45 | Report Abuse

Relax guys...
New kid on the block ma....
only 14 trading days u alrdy decided RIP on her ka....

Vicky

1,196 posts

Posted by Vicky > 2022-09-23 22:08 | Report Abuse

All wrong. Down to 20 cents as Nasdaq melt down again and again. Recession slow everything

OKU_2020

4,704 posts

Posted by OKU_2020 > 2022-09-23 23:13 | Report Abuse

DR. DOOM predicted the 2008 recession, and says a 'long and ugly recession' is coming this year
Tristan Bove...
#Azab......

OKU_2020

4,704 posts

Posted by OKU_2020 > 2022-09-24 10:00 | Report Abuse

‘You’re starting to see all the classic early signs’: Legendary investor Ray Dalio says the stock market has further to fall before a recession hits

Vicky

1,196 posts

Posted by Vicky > 2022-09-24 14:34 | Report Abuse

True. Fall is always early sign for stocks prior recession next year 2023.

Posted by StartOfTheBull > 2022-09-24 15:05 | Report Abuse

Next week 32c or 24c? I think 24c or below is more likely. Hahahaha

OKU_2020

4,704 posts

Posted by OKU_2020 > 2022-09-24 15:23 | Report Abuse

hmmm .... Old Grandpa @Atok Tua in Closet/Almari Baju Hiding ?
Wanted by many innocent newbies now trapped liao
Phoot -Phooot - Toinkk - Toinkkk

OKU_2020

4,704 posts

Posted by OKU_2020 > 2022-09-24 17:55 | Report Abuse

kih kih kihh
thanks for the much needed joke especially during this Dull Bursa Market @Global Recession
that one is an Old Fashioned OKU
BEWARE SNS >> Really Another SENHENG / Already collapsed around 45 % from IPO price RM 1.07 ....!!
SNS TO RIP { Rest In Peace } @ 20 SEN

Noni

665 posts

Posted by Noni > 2022-09-25 07:45 | Report Abuse

Ini ada Lowyat operator power ni. Ada orang Ninetology masuk tak?

OKU_2020

4,704 posts

Posted by OKU_2020 > 2022-09-26 08:52 | Report Abuse

23 - 25 sen today
Beware TRAP

mf

27,847 posts

Posted by mf > 2022-09-26 08:53 | Report Abuse

Dow Jones

Dow Jones Industrial Average

29,590.41

-486.27

1.61%

Nasdaq

NASDAQ Composite

10,867.92

-198.88

1.79%

paktua73

18,219 posts

Posted by paktua73 > 2022-09-26 09:03 | Report Abuse

morning..
too all sns fighters...

paktua hope all remember what OKU 2020
do on sfp,agmo,cnergen n lgms..

he ask all new comer tech holder run..
he never take responsible on
who loses on sfp,lgms,cnergen n agmo..
when ask he ask all holders run..

OKU ask people run on SFP..
when price still below rm0.90
sfp hit rm1.90 last week

OKU ask people run on lgms..
when lgms just hit rm0.90
lgms hit above rm1.30 previously

OkU 2020 ask people run on cnergen when..
cnergen down till rm0.46(12 july)..
cnergen hit all time higher rm1.07..

he just want trader lost money..
and never take responsible..

ask you self..
do you believe on this kind person?



tut tut
just warn all, never blindly OKU..

paktua73

18,219 posts

Posted by paktua73 > 2022-09-26 09:24 | Report Abuse

this week sns will release first time qr
since ipo..

paktua hope will hit up 1.5% from previous qr..




tut tut
let see hit or not

OKU_2020

4,704 posts

Posted by OKU_2020 > 2022-09-26 09:30 | Report Abuse

Losing steam n kaput_ing
VRROOOOOOOOMM

OKU_2020

4,704 posts

Posted by OKU_2020 > 2022-09-26 14:34 | Report Abuse

Getting worst
25 sen anytime

beinvested

2,364 posts

Posted by beinvested > 2022-09-26 15:49 | Report Abuse

I had better wait for the 2nd QR that is due on this coming Friday. Just wait for another few more days.

beinvested

2,364 posts

Posted by beinvested > 2022-09-26 15:50 | Report Abuse

Holding and not selling.

keng88

2,751 posts

Posted by keng88 > 2022-09-27 17:42 | Report Abuse

QR OUT

Superdaddy

144 posts

Posted by Superdaddy > 2022-09-27 18:39 | Report Abuse

Syabas to all on board. A very commendable QR fr Sns. More upwards momentum on the way ya. Cheers!!!

paktua73

18,219 posts

Posted by paktua73 > 2022-09-27 20:56 | Report Abuse

KUALA LUMPUR: SNS Network Technology Bhd is positive on its outlook given the continuous growth in demand for ICT products.

This is supported by the rising economic activities and the strengthening of its existing customer base together with expansion of market share.

For the immediate future, we will continue to focus on the plans as announced in our prospectus, namely the expansion of our Device-as-a-Service business, the construction of a regional hub in Petaling Jaya, and the setting up of 10 new stores in the country,” managing director Ko Yun Hung said in a statement.


In the second quarter ended July 31 (2Q23), SNS posted a net profit of RM8.81mil, or earnings per share of 2.32 sen against RM6.19mil, or 0.5 sen in the preceding quarter.

Its revenue during the quarter rose to RM296.93mil from RM248.16mil in 1Q23.

In the first six months to July 31, SNS posted a net profit of RM15mil on revenue of RM545.1mil.

There are no comparative figures on a year-over-year basis as SNS was listed on the ACE Market of Bursa Malaysia on Sept 2.

“The group’s performance for the quarter under review was supported by higher demand for ICT products from local customers under our commercial channel comprising businesses, government agencies and educational institutions following the full resumption of business operations after the reopening of the Malaysian economy,” Ko said.



tut tut
In the second quarter ended July 31 (2Q23)..
SNS posted a net profit of RM8.81mil..
or earnings per share of 2.32 sen..
against RM6.19mil..
or 0.5 sen in the preceding quarter..

Its revenue during the quarter rose to RM296.93mil..
from RM248.16mil in 1Q23..

In the first six months to July 31..
SNS posted a net profit of RM15mil on revenue of RM545.1mil.

Yu_and_Mee

3,441 posts

Posted by Yu_and_Mee > 2022-09-27 21:25 | Report Abuse

share issued too huge.
not the better choice.

BursaKakis

400 posts

Posted by BursaKakis > 2022-09-27 21:56 | Report Abuse

SNS Network sees positive outlook on demand for ICT products
https://www.thestar.com.my/business/business-news/2022/09/27/sns-network-sees-positive-outlook-on-demand-for-ict-products

Posted by Winningstrategy > 2022-09-27 22:57 | Report Abuse

8.8mil profit against issued capital of 1516 mil
Eps is only 0.05 ..don't be con

Posted by Winningstrategy > 2022-09-27 22:57 | Report Abuse

conned

Posted by Winningstrategy > 2022-09-27 23:00 | Report Abuse

actually is 8.8 ÷1612 = 0.005 eps

Vicky

1,196 posts

Posted by Vicky > 2022-09-28 00:05 | Report Abuse

Hello...do not be too optimistic. The Nasdaq meltdown is not done yet. Only sentimen now

beinvested

2,364 posts

Posted by beinvested > 2022-09-28 00:42 | Report Abuse

>>>In the calculation of net assets per ordinary share is calculated based on the Company’s enlarged number of ordinary shares as at 30 April 2022 of 1,249,904,160 ordinary shares (31 January 2022: 1,249,904,160 shares).

As at today, the issued capital enlarged to 1.61278 Bil units. So the EPS, on accumulative basis, with 2 QRs has been adjusted to 1.86 sen only.

Based on the closing price of 28 sen, the P/E is 15.05 times (1,86 sen X 15.05 = 28 sen).

IF the P/E can be accepted by the industry/market practice, say at 20 times, the price can be traded at 37 sen roughly

beinvested

2,364 posts

Posted by beinvested > 2022-09-28 00:49 | Report Abuse

C Asset increased by 250Mil, same like C Liabilities.
Holding plenty of inventories.
RM55Mil raised from the shares issued to the public, channeled to the business activities/operation.
Balance in the bank increased and borrowing also increased but at a lesser amount.

A total of more than 500Mil revenue (6 months) and gaining a profit of only RM15Mil is a bit low the percentage.

beinvested

2,364 posts

Posted by beinvested > 2022-09-28 00:50 | Report Abuse

Work harder. Keep it up.

beinvested

2,364 posts

Posted by beinvested > 2022-09-28 00:51 | Report Abuse

Of course, that was the position almost 2 months ago.

paktua73

18,219 posts

Posted by paktua73 > 2022-09-28 08:28 | Report Abuse

SNS Network posts higher 2Q profit..
on strong demand for ICT products.

KUALA LUMPUR (Sept 27): Newly-listed SNS Network Technology Bhd has reported a 42.4% rise in net profit to RM8.81 million for the second quarter ended July 21, 2022 (2QFY23), compared to RM6.19 million in the immediate preceding quarter, on the back of higher revenue.

The company said revenue rose 19.7% to RM296.93 million, from RM248.16 million in 1QFY23, primarily driven by strong demand for its ICT products.

There are no comparative year-on-year figures, as the company was only listed on the ACE Market of Bursa Malaysia on Sept 2.

“We remain positive for the group’s outlook, given the continuous growth in demand for ICT products, supported by rising economic activities and the strengthening of our existing customer base, together with expansion of market share," SNS Network said in filing to the stock exchange.

For the immediate future, we will continue to focus on the plans as announced in our prospectus, namely the expansion of our device-as-a-service (DaaS) business, the construction of a regional hub in Petaling Jaya, and the setting up of 10 new stores in the country,” added managing director Ko Yun Hung in a statement.

Ko said the size of the DaaS market in Malaysia grew to RM376.17 million in 2021, from RM139.95 million in 2018, at a compounded annual growth rate (CAGR) of 39.04%.

SNS has allocated RM30.90 million from its recent IPO proceeds to purchase various types of devices to support the expansion of the DaaS subscription-based service.

The company has also allocated RM2.50 million to set-up eight new stores in the Klang Valley, one store in Johor Bahru and one store in Penang, to increase its customer base.

Ko said about RM18 million will be utilised to build the regional Hub in Petaling Jaya, comprising storage facility, experience centre for customers, live video areas, training centre, workshops and office facilities. The hub is expected to commence operations in January 2026.

https://www.theedgemarkets.com/article/sns-network-posts-higher-2q-profit-strong-demand-ict-products

tut tut
true was revealed now ..

OKU_2020

4,704 posts

Posted by OKU_2020 > 2022-09-28 16:14 | Report Abuse

VROOOOOOOOMM
To RIP@Rest In Peace@20 sen

Vicky

1,196 posts

Posted by Vicky > 2022-09-28 16:58 | Report Abuse

As predicted. Everything will bleed to dead as economic slowdown and Fed show no remorse and happy doing it

Russel

543 posts

Posted by Russel > 2022-09-28 17:00 | Report Abuse

SNS was so cheap now....Grab it

cheahgood

365 posts

Posted by cheahgood > 2022-09-28 17:14 | Report Abuse

hahah.. so what if SNS with 1H profit of 15million.. still going down to 0.25 as mentioned in last week..
so anyone still believe will rise to 0.33 are foolish... haha
you guys keep on holding the useless SNS share and go to grave together..

cheahgood

365 posts

Posted by cheahgood > 2022-09-28 17:15 | Report Abuse

yes, it will rise definitely not 2022.. wait la if you still alive until Mar 2023..

cheahgood

365 posts

Posted by cheahgood > 2022-09-28 17:16 | Report Abuse

it doesn't in bursa.. you think profit up = share up... haha

cheahgood

365 posts

Posted by cheahgood > 2022-09-28 17:19 | Report Abuse

last chance for you to sell off and get as little profit (if lucky 1%) by tomorrow before it goes 0.25 or even worse below..

Vicky

1,196 posts

Posted by Vicky > 2022-09-28 17:31 | Report Abuse

Stocks is about market sentimen. Investors are like sheeps following the wrong shephards all the time resulting massive loss when the gurus runaway. Do your own research before investing in the stocks. In this volatile market very easy to loose money. If you make money you are lucky but how many times you are lucky and strike Totos ? Think before you buy !

paktua73

18,219 posts

Posted by paktua73 > 2022-09-28 18:16 | Report Abuse

hahaha when red many devil come out..
soon who cut lost..
then sns go green..
their gone..
look their comment only want we lost n cl only..



tut tut
long way to reach nov 8
final our here

cheahgood

365 posts

Posted by cheahgood > 2022-09-28 19:08 | Report Abuse

haha.. we will see

Yu_and_Mee

3,441 posts

Posted by Yu_and_Mee > 2022-09-28 19:11 | Report Abuse

this stock hard to go high because of huge outstanding shares. operator need a lot of hardwork to push, so they might have given up.

paktua73

18,219 posts

Posted by paktua73 > 2022-09-28 19:49 | Report Abuse

this paktua say type person
give wrong warn..
all know when last hibiscus hit above rm1.00

better do own home work..
and ask why you joined sns ship..

============
Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
cheahgood@no way will up 1.000 again.. is doomed stock
2 months ago | Report Abuse

Stock: [HIBISCS]: HIBISCUS PETROLEUM BHD
cheahgood@Doomed stock.. whoever still kept this stock, better sell off to cut loss before it reach 0.700 by this week.
2 months ago | Report Abuse
==========

cheahgood haha.. we will see
28/09/2022 7:08 PM



tut tut
paktua was decided until nov 8 only..
what ever level we done on 8 nov..
we belive sns still worth it n can climb above rm0.37

cheahgood

365 posts

Posted by cheahgood > 2022-09-28 20:31 | Report Abuse

haha.. just see.. avg hugging around 0.270 and even one time it reach 0.300, can't sustain more than 2 hours before it drops again.. haha

cheahgood

365 posts

Posted by cheahgood > 2022-09-28 20:33 | Report Abuse

haha.. lets see if can reach 0.370, maybe will but only last for 10mins and dropping fast... haha syok sendiri..

cheahgood

365 posts

Posted by cheahgood > 2022-09-28 20:36 | Report Abuse

don't even have chance to take profit at 0.370 and what's the point? the performance in the past few weeks shown it will up highest 0.320 but it can't last for long and drop immediately.. just syok sendiri

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