SYSTECH BHD

KLSE (MYR): SYSTECH (0050)

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Last Price

0.455

Today's Change

-0.005 (1.09%)

Day's Change

0.45 - 0.465

Trading Volume

884,900

Discussions
10 people like this. Showing 50 of 9,592 comments

raingod

The acquisition of business-to-business information technology solutions company, Wilstech, comes with a profit guarantee of not less than RM5.0 million for the next financial year, from April 1, 2024, to Mar31, 2025.

To mitigate Systech's risks, the company will retain RM30.0 million as security for the performance of the profit guarantee.

2 weeks ago

ChandranG

Remember to vote for acquisition of wilstech and bonus issue of warrants on 18th

https://klse.i3investor.com/web/mktbzz/meeting-detail/15475_2163688056

2 weeks ago

Zikir95

teka Systech akan terbang sebelum EGM 😬

2 weeks ago

Xienry

I think after egm then fly

2 weeks ago

ThunderZX

ada bonus warrant wor, can fly b4 egm

2 weeks ago

DouglasLiu

Acquisition of Wilstech that provides the company with profit guarantee of not less than RM5.0 million and free warrants? Systech is going to fly soon

2 weeks ago

Mitchell79

slowly accumulate at the range between 40.5 and 42 🙂 Short-term TP would be 62 cents

1 week ago

RGBeric

62 sen look like long term tp to me

1 week ago

raingod

short-mid term still possible, if there is any annoucement/project coming in

1 week ago

DouglasLiu

from 0.42 to 0.62, it only up 48%. This is the short to medium term target price

1 week ago

11wenhao11

Don't overthink about it and just accumulate it at current price while you can ``

1 week ago

OutOfTouch96

wah blindly follow? so confident? my tp 0.50 enough already

1 week ago

higHChloride

Fly after EGM, buy first lor

1 week ago

Zikir95

Masuk lagi selepas terima Raya duit 😁

1 week ago

Mitchell79

Acquisition of Wilstech will give 3x return to ECF investors. For the record, Wilstech has recorded impressive growth in revenue and profit; the year-on-year revenue growth for 2020/21 and 2021/22 are 146% and 167% respectively, whereas the Profit-After-Tax is 113% and 199% respectively for 2020/21 and 2021/22

1 week ago

bobettose

Systech gonna have more acquisition in 2024, wilstech is just the first one

1 week ago

DouglasLiu

I don't think Systech will make another acquisition this year as wilstech is enough to help the company turn a profit

1 week ago

Xienry

the more the merrier, see how Systech perform later on

1 week ago

newbietrader9

looks nice

1 week ago

ChandranG

Agreed. I also dnt think systech will increase its capex to do another acquisition for the moment ...

6 days ago

ThunderZX

so far so good, wait for egm then see how first

6 days ago

RGBeric

Believe in systech! 0.42 support, 0.45 short term tp, 0.50 next big stop

6 days ago

Zikir95

Raya duit disediakan dan tunggu timing utk hentam 😁

6 days ago

DouglasLiu

Either hentam now and wait for the rally ; or hentam when there's a sign of breakout 😉😉

3 days ago

higHChloride

so far stable at 42 sen, no sign of breakout yet

3 days ago

lewislew

coming

3 days ago

Mitchell79

Uptrend sign appears. People use raya money to hoot? 😄

3 days ago

raingod

last hour pump! big suprise incoming hahahahaha!

3 days ago

AmberAsset

uptrend + positive momentum

3 days ago

Voyager8

EGM to approve purchase of Wilstech and free warrants on this Thursday.

3 days ago

NakashiTan

after issuance of new shares, will the shares price drop ke ?

3 days ago

Mitchell79

It's issuance of warrants, not new shares. Hence, there will be no price adjustment for the mother shares

2 days ago

OutOfTouch96

retrace abit... after egm sure fly again

2 days ago

bobettose

wilstech acquisition confirm approve, you heard it here first

2 days ago

DouglasLiu

It retraced due to geopolitical tensions ...btw, I still hold it tight

2 days ago

lewislew

fly

1 day ago

fregend

see can sustain or not, hold tight

1 day ago

Xienry

SYSTECH holding up for another day , time to break 50c wall

1 day ago

RGBeric

Hold tight sit tight, 0.50 engine is starting up!

1 day ago

NakashiTan

tomorrow is the day !

1 day ago

11wenhao11

All proposals will be approved during EGM, for sure 😉

23 hours ago

Mitchell79

Bonus issue, bonus issue is coming

22 hours ago

NakashiTan

has the result out ?

20 hours ago

lewislew

any news !!

19 hours ago

raingod

all resolution approved, good prospect are coming for Systech

14 hours ago

ThunderZX

any date for bonus issues???

14 hours ago

DouglasLiu

The company will announce the entitlement date of the free warrants at a later date

10 hours ago

11wenhao11

Told ya, all proposal will be approved one. Now, let's get the engine heated up
https://klse.i3investor.com/web/mktbzz/meeting-detail/15475_2163688056

9 hours ago

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