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
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
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
slowly accumulate at the range between 40.5 and 42 🙂 Short-term TP would be 62 cents
1 week ago
from 0.42 to 0.62, it only up 48%. This is the short to medium term target price
1 week ago
Don't overthink about it and just accumulate it at current price while you can ``
1 week ago
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
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
Agreed. I also dnt think systech will increase its capex to do another acquisition for the moment ...
6 days ago
Either hentam now and wait for the rally ; or hentam when there's a sign of breakout 😉😉
3 days ago
It's issuance of warrants, not new shares. Hence, there will be no price adjustment for the mother shares
2 days ago
The company will announce the entitlement date of the free warrants at a later date
10 hours ago
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
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