KLSE (MYR): CTOS (5301)
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Last Price
1.29
Today's Change
0.00 (0.00%)
Day's Change
0.00 - 0.00
Trading Volume
0
Name
No. of Shares
Percentage
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
DATO TING HENG PENG
12,000
40.00%
From | To | Type | No. of Shares | Min Price | Max Price |
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Actually local institutions were buying when the market crashed on Monday
2024-08-08 16:12
wow, Creador is buying in
https://klse.i3investor.com/web/insider/detail/SBSH_593191_3130752576
2024-08-14 17:09
Don't mind him. Anyway, CTOS ups its dividend policy payout to 70%
https://www.thestar.com.my/business/business-news/2024/08/19/ctos-ups-its-dividend-policy-payout
2024-08-23 17:21
Court orders Teh Brother Timber Sdn Bhd to pay RM200,000 for false info to CTOS. Dnt play play
https://www.freemalaysiatoday.com/category/nation/2024/09/05/court-orders-company-to-pay-rm200000-for-false-info-to-ctos/
2 months ago
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3482947
"Reference is made to the previous announcements released on 11 March 2024, 14 March 2024, 3 April 2024, 9 July 2024 and 8 August 2024 in relation to the litigation case between Suriati binti Mohd Yusof ("Plaintiff " / “Applicant”) and CTOS Data Systems Sdn Bhd (“Defendant” / "CDS"). The Board of Directors of CTOS wishes to update on the progress of this case.
The Federal Court has fixed Case Management on 23 October 2024 and Hearing on 6 November 2024 for the Applicant’s Motion for permission to appeal to the Federal Court against the decision of the Court of Appeal on 9 July 2024 allowing CDS’ appeal.
CDS has been advised by its solicitors that there is high prospect in successfully opposing the Applicant’s Motion.
..."
2 months ago
Morning Friends & Gentlemen!
Accumulate CTOS on current weakness. Warrant Buffet says be Greedy when others are Fearful! Rebound coming soon! According to analysts, CTOS price target is RM1.55 with a max estimate of RM1.84!
CTOS CEO sees 'abundant' opportunities as group logs 13% rise in 3Q profit with record high revenue.
CTOS Digital Bhd’s (KL:CTOS) net profit gained 13% to RM27.55 million for the third quarter ended Sept 30, 2024 (3QFY2024), from RM24.39 million a year ago, thanks to higher sales and better tax incentives. Its quarterly revenue reached an all-time high of RM79.81 million, up 20.1% from RM66.45 million in 3QFY2023, attributable to higher contribution from key segments — namely international, direct-to-consumer and commercial business. It declared a higher third interim dividend per share of 0.84 sen, compared to the 0.64 sen declared a year ago. For the first nine months of 2024 (9MFY2024), CTOS made a net profit of RM73.88 million, up 19% from RM62.1 million a year ago, as cumulative revenue grew 21.1% to RM228.03 million from RM188.29 million. CTOS group chief executive officer Erick Hamburger said the group sees abundant opportunities ahead as it continues to implement strategies to deepen customer penetration and enhance average revenue per user (ARPU) across all segments.
REWARDS
Higher third interim dividend per share of 0.84 sen (Ex-date 19 December 2024), compared to the 0.64 sen declared a year ago.
Earnings are forecast to grow 14.17% per year
Earnings have grown 30.3% per year over the past 5 years
Analysts in good agreement that stock price will rise by 49.9%
1 week ago
Given that the block at RM1.20 has been broken, there's more upside in the coming days with a Bullish Bursa!
Price Target
CTOS Digital - Seasonally Stronger 2H; Stay BUY
Source : RHB-OSK, Price Call : BUY, Price Target : 1.58
Last Price : 1.19, Upside/Downside : +0.39(32.77%)
Quote
"With the recent positive developments for CTOS Digital Berhad—including a favorable court settlement, solid third-quarter performance, and a declared dividend payout—there is potential for upward momentum in the stock price. Here’s why these factors could positively impact the price:
1. Court Settlement: If the court settlement removes legal or regulatory uncertainties, it may boost investor confidence. A resolved legal issue often leads to a more stable outlook, making the stock more attractive to investors who were cautious due to potential legal risks.
2. Strong Q3 Performance: The recent quarterly results showing steady growth indicate that CTOS is on a solid financial path. Strong revenue and profit growth, especially with expanding key accounts and new regional ventures, could further instill confidence among investors about the company’s growth prospects.
3. Dividend Payout: The declared dividend not only rewards current shareholders but may also attract new investors looking for income-generating stocks. As the ex-dividend date approaches, there may be increased buying interest, leading to short-term upward pressure on the price.
Given these positive developments, CTOS’s stock could see a price increase in the near term."
1 week ago
Morning Friends & Gentlemen!
Accumulate CTOS on dips while price is still low at RM1.22 before the "Window of Opportunity" is gone as current KWAP buying and selling is not a factor that affects the stock price. It is currently rebalancing its portfolio to raise cash to meet increase in pension adjustments of up to 15% for Government retirees from December 1, 2024 as announced by PMX in the recent Budget.
KWAP's Loss is your Gain, as every extra share you acquire will receive 0.84 sens Dividend by 19 December on top of potential Capital Gains of 30~50%! CTOS has market potential of RM2.7 billion to be tapped in Malaysia and Internationally, with stronger growth in the fourth quarter and next year as it adds projects and products, analysts said. Analysts expect increased adoption of CTOS Digital’s alternative scoring business, coupled with “cross-selling opportunities” in portfolio review and analytics solutions, to see stronger growth in 2025.
Investing in CTOS is actually better than short term FD! First TP range is between RM1.36~1.42 followed by next TP range of RM1.50~RM1.80!
https://www.thestar.com.my/business/business-news/2024/11/13/ctos-to-focus-on-growing-its-commercial-segment
*Note.
In 2024, Malaysia's pension adjustments will be based on the final salary adjustments for retirees in December 2024. The adjustments will be implemented in two phases, with the first phase starting on December 1, 2024.
Details
Salary adjustments
Civil servants will receive a salary increase of 15% for executives and professionals, and 7% for top management.
Pension adjustments
Retirees and derivative pension recipients will receive pension adjustments with the same percentage increments as active civil servants.
CTOS digital rating raised as potential market of NT$2.7 billion to be tapped
Sinchew Tue, Nov 12, 2024
1 week ago
Analysts have reacted positively to credit-reporting outfit CTOS Digital Bhd’s move to remain focused on growing the commercial segment of its credit-reporting business.
Research houses have either upgraded their ratings on the company or maintained them as it addresses the slower pickup in sales and the lower frequencies of credit reviews.
UOB Kay Hian Research (UOBKH) Research has upgraded its call to a “buy” with a higher target price of RM1.51 from RM1.36 despite downgrading earnings by 15% primarily to account for a longer sales cycle in the key-account segment and a slower ramp-up in newly secured commercial contracts.
According to UOBKH Research, CTOS’ management has revised downwards its internal earnings target for 2025 to between RM125mil and RM130mil from between RM150mil and RM160mil previously.
The company said revenue grew by 20% year-on-year when it announced its results for the third quarter ended Sept 30, 2024 (3Q24) on Monday.
It also declared a third single-tier interim dividend of 0.84 sen per share to be paid on Jan 17, 2025.
“Following the company’s recent share price retracement, we believe that the headwinds it faces have largely been priced in and we now view the risk-reward profile as being favourable at this stage.
“We still reckon that CTOS is well-positioned to be the direct proxy to growing demand for Malaysia’s credit-reporting industry,” UOBKH Research said.
CIMB Research, which upgraded the stock to a “buy” from a “hold” with a higher target price of RM1.80 from RM1.50, noted that the company sees greatest opportunity in the commercial segment with a total addressable market (TAM) of RM1.2bil, driven by anticipated gains from 350,000 small and medium enterprises (SMEs) in the country.
The company forecasts TAM of RM2.1bil for its Malaysian operations and RM600mil for international operations.
The research house added that the company saw an encouraging increase in commercial-customer activations in 3Q24 spurred by improving sentiment among SMEs and rising consumer spending.
“The commercial business entered 3Q24 with strong momentum, overcoming challenges that SMEs faced in the first-half due to regulatory changes and subdued market conditions,” the research house said.
Kenanga Research maintained an “outperform” call but cut its target price to RM1.70 from RM2 to reflect revised lower revenue and profit trajectories for the company.
However, it said that CTOS is looking to ramp up its commercial segment as credit-reporting activations in the segment would be tied to growing business activity in the retail, manufacturing and service industries.
RHB Research, which maintained a “buy” call on the company while cutting its target price to RM1.58 from RM1.73, said CTOS’ management remained confident of the company’s growth trajectory.
This is despite a longer sales cycle and conversions, with a robust pipeline across key accounts and its commercial segment as activations and consumption continues to grow with the spread of digitalisation and regulation-driven needs.
1 week ago
Morning Friends & Gentlemen!
The party has just started! Accumulate on any weakness, once RM1.29 is broken we should test RM1.31 & RM1.36 soon! Tp of at least 1.41~1.65 is on the way!
Maybank IB, has kept its earnings forecast for CTOS for FY2024 to FY2026, and anticipates a strong end to its FY2024 on another record quarterly turnover, underpinned by a previously deferred key account project, renewed commercial optimism, continued double-digit international growth momentum, and stronger associate contributions from JurisTech and RAM Holdings.
"The recent share price correction, coupled with undemanding valuations (trading at circa 19 times FY25E price earnings ratio) provides an opportunity to accumulate a niche service provider with a dominant market share in an underserved yet rapidly growing industry," Maybank wrote in a separate note as it recommended a 'buy' on the stock with a TP of RM1.65.
The stock has an average TP of RM1.65, based on 11 research houses who covered the stock and had it either on 'buy' or 'outperform'
1 week ago
Morning Friends & Gentlemen!
Are you ready for another exiting day?
Yesterday RM5 million worth of CTOS shares changed hands at @1.29 within a short span of time in the last hour of trading between IBs or Big Sharks with a big block placed at 1.29 (which has magically disappeared today) to deter buying by retailers?
The good news is Maybank's CW with exercise price of RM1.55 expires on 27 November and the next CW only expires in 2 months time. What it means is that IBs could pump CTOS within this short period of time from 1.31~1.51? Also KWAP may have collected enough cash to pay Govt Retiree's 13% pension adjustment on 1 December, 2024 so no more cheap sales?. Also CTOS will be quoted ex-Dividend of 0.84 sens from 19 December followed by Year-end window dressing by Institutional Funds & IBs?
Accumulate on any weakness and we wait for the Breakout!
CTOS-C8: CW CTOS DIGITAL BERHAD (MIBB)
Instrument Category Structured Warrants
Instrument Type CALL WARRANTS
Type Of Expiry Expiry/Maturity of the securities
Exercise/ Strike/ Conversion Price Malaysian Ringgit (MYR) 1.5500
Exercise/ Conversion Ratio 1.25:1
Settlement Type / Convertible into Cash
Last Date & Time of Trading 27 Nov 2024 05:00 PM
Date & Time of Suspension 28 Nov 2024 09:00 AM
1 week ago
Morning Friends & Gentlemen!
Accumulate on any weakness, let's enjoy the year-end Bonus & Dividend with Capital Gains from dividend & defensive stock CTOS!
Recap!
2024-11-12
Price Target
CTOS Digital - Seasonally Stronger 2H; Stay BUY
Source : RHB-OSK, Price Call : BUY, Price Target : 1.58
Last Price : 1.30, Upside/Downside : +0.28(21.54%)
2024-11-12
Price Target
CTOS Digital - Held by Delays and Lower Frequencies
Source : KENANGA, Price Call : BUY, Price Target : 1.70
Last Price : 1.30, Upside/Downside : +0.40(30.77%)
Key Dates To Remember!
#Maybank CW with Excercise Price RM1.55 expires on 27/11
#KWAP has to pay 13% pension adjustment of 13% to Government Retirees on 1/12
#Dividend 0.84 sens per share Ex-date 19/12
#Window Dressing by Institutional Funds & IBs in December
Quote
"With the recent positive developments for CTOS Digital Berhad—including a favorable court settlement, solid third-quarter performance, and a declared dividend payout—there is potential for upward momentum in the stock price. Here’s why these factors could positively impact the price:
1. Court Settlement: If the court settlement removes legal or regulatory uncertainties, it may boost investor confidence. A resolved legal issue often leads to a more stable outlook, making the stock more attractive to investors who were cautious due to potential legal risks.
2. Strong Q3 Performance: The recent quarterly results showing steady growth indicate that CTOS is on a solid financial path. Strong revenue and profit growth, especially with expanding key accounts and new regional ventures, could further instill confidence among investors about the company’s growth prospects.
3. Dividend Payout: The declared dividend not only rewards current shareholders but may also attract new investors looking for income-generating stocks. As the ex-dividend date of 19 December approaches, there may be increased buying interest, leading to short-term upward pressure on the price.
Given these positive developments, CTOS’s stock could see a price increase in the near term."
6 days ago
EPF 购买 CTOS 股票!我们再吃一轮鲍鱼和龙虾,好吗?
Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - EMPLOYEES PROVIDENT FUND BOARD | https://www.klsescreener.com/v2/announcements/view/8501933
5 days ago
Follow EPF to accumulate on current weakness. Next week you won't get at this price, once Maybank's CW expires with Exercise price of RM1.55.!
Maybank IB, has kept its earnings forecast for CTOS for FY2024 to FY2026, and anticipates a strong end to its FY2024 on another record quarterly turnover, underpinned by a previously deferred key account project, renewed commercial optimism, continued double-digit international growth momentum, and stronger associate contributions from JurisTech and RAM Holdings.
"The recent share price correction, coupled with undemanding valuations (trading at circa 19 times FY25E price earnings ratio) provides an opportunity to accumulate a niche service provider with a dominant market share in an underserved yet rapidly growing industry," Maybank wrote in a separate note as it recommended a 'buy' on the stock with a TP of RM1.65.
The stock has an average TP of RM1.65, based on 11 research houses who covered the stock and had it either on 'buy' or 'outperform'
5 days ago
Morning Friends & Gentlemen!
Don't Miss! Accumulate on Weakness for the next Show!
Key Dates To Remember!
#Maybank CW with Excercise Price RM1.55 expires on 27/11
#Selling by KWAP probably over? KWAP has to pay pension adjustment of 13%~15% to Government Retirees on 1/12
#EPF is collecting cheap to enjoy Dividend of 0.84 sens per share. Ex-date 19/12
#Window Dressing by Institutional Funds & IBs in December
2 days ago
Believe it or not?. Chart never lies, CTOS is confirmed to Breakout soon! Refer latest CTOS diagram below with circles in Yellow on Breakout points, as History often repeats itself! Don't wait anymore, Buy your ticket and enjoy the ride! Immediate TP range between RM1.31~1.36! Let's celebrate this weekend with Abalone or even Lobster with your Honey!
Refer link below for CTOS Chart.
https://ibb.co/tPNVPNr
2 days ago
Bursa is Bullish today! Don't miss! Very strong Buy at 1.30! Should test Resistance 1.31 anytime? Be Greedy when others are Fearful! Accumulate on any dips. There is a high chance of CTOS reaching RM1.41~RM1.42 in the short term as selling by KWAP seems to have completed as no more major roadblocks in sight? Don't let EPF grab all the cheap shares.
Annual Seasonal Analysis indicates, CTOS price was RM1.41 in Nov, 2023 and RM1.42 in Nov. 2022. In view of CTOS increased profitability & dividend Ex-date on 19in Dec. 2024, TP of at least RM1.41~1.42 is achievable in view of year-end window dressing by IBs & Major Shareholders!
https://ibb.co/mB7vwDL
2 days ago
Resistance is futile! Bursa & Dow Futures is Bullish! Should break resistant 1.31 today enroute to next resistant 1.36 once Maybank CW expires on 27/11?...tut tut
Target Price 1.80
Resistant 1.62
Resistant 1.57
Resistant 1.52
Resistant 1.47
Resistant 1.42
Resistant 1.36
Resistant 1.31
Price 1.30
Support 1.29
Support 1.22
Verdict: Positive Momentum is Confirmed!
2 minutes ago
ChandranG
CTOS’ 2Q net profit up 20.7% on higher contribution from all customer groups 🔥
https://theedgemalaysia.com/node/721312
2024-08-02 20:06