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Annual Report Hints : 10 people like this. 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 04/04/2024 5:24 PM Mitchell79 slowly accumulate at the range between 40.5 and 42 ๐ Short-term TP would be 62 cents 05/04/2024 11:03 AM raingod short-mid term still possible, if there is any annoucement/project coming in 05/04/2024 4:19 PM DouglasLiu from 0.42 to 0.62, it only up 48%. This is the short to medium term target price 05/04/2024 4:41 PM 11wenhao11 Don't overthink about it and just accumulate it at current price while you can `` 08/04/2024 11:34 AM 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 09/04/2024 10:30 AM Mitchell79 https://www.digitalnewsasia.com/business/ace-listed-systech-acquires-wilstech-giving-3x-return-ecf-investors 09/04/2024 10:30 AM bobettose Systech gonna have more acquisition in 2024, wilstech is just the first one 09/04/2024 3:41 PM DouglasLiu I don't think Systech will make another acquisition this year as wilstech is enough to help the company turn a profit 09/04/2024 4:08 PM ChandranG Agreed. I also dnt think systech will increase its capex to do another acquisition for the moment ... 12/04/2024 9:36 AM DouglasLiu Either hentam now and wait for the rally ; or hentam when there's a sign of breakout ๐๐ 15/04/2024 10:51 AM Voyager8 EGM to approve purchase of Wilstech and free warrants on this Thursday. 15/04/2024 10:11 PM Mitchell79 It's issuance of warrants, not new shares. Hence, there will be no price adjustment for the mother shares 16/04/2024 11:44 AM DouglasLiu It retraced due to geopolitical tensions ...btw, I still hold it tight 16/04/2024 5:56 PM NakashiTan https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3438855 18/04/2024 1:15 PM DouglasLiu The company will announce the entitlement date of the free warrants at a later date 18/04/2024 8:28 PM 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 18/04/2024 9:05 PM OutOfTouch96 Systech gets shareholdersโ nod for acquisition, bonus shares issue https://theedgemalaysia.com/node/708461 19/04/2024 4:36 PM OutOfTouch96 With Wilstech, a one-stop B2B IT specialist, on board, Systech can expand and diversify our customer base while streamlining resources and unlocking new business opportunities 19/04/2024 4:36 PM | |