What A SHAME......

CTOS FAIR VALUE @ TP RM 1.25 ....


CTOS Digital Berhad 1.1 6-Jul-2021 19-Jul-2021
Adviser: Maybank Investment Bank Berhad

Shariah Status: SC (Yes)

Average Analysts FV*: 1.25 (+13.6%)

This post has been edited by SURE ANGPOW: Jul 5 2021, 07:33 PM

cannot hit 1.88 ahhhh
got many "heavyweight" investors

ONLY KEPCI ?....

Pergghhh....

at least something than nothing yo

Wow, I just applied CTOS using M2U and my reference number is 2x,xxx which means so overwhelming response of applications.

Good luck and all the best everyone

This post has been edited by nalda10: Jul 6 2021, 12:43 AM

The data will be out before mid day upon opening as you will see number of trades and volume

If you can pick up anything less than 1 after that just hold it for dividends payout because they can and willing pay more dividends after the debt settlement upon the Thai subsidiary because there is were they are putting the money next

I doubt it will go beyond rm1.50 upon opening unless major funds are buying in the open market because a lot of profit taking these few days as they are waiting for OPEC news to buy into RM strength on the news of oil price and possibly phase 2 of NRP which should be expected by end of the month

CTOS is good value hold provided buying into the right price because I am waiting for right time to trigger as well

Not very impressed with their subscription rates for IPO as the balloting queues should be now by millions already

Look at MrDIY most funds was buying after 3rd week which was at rm2.10 range onwards hence it will have a big chance the pattern will repeats again at rm1.50 this time

Consider that small when if it is blockbuster it should be 200k range now

U know Malaysian how?
Always last minute work done...
Some apply 10min before closing also got 😎

like me, applied like 2 mins before closing~!

Applied this morning with Blue Form

Hope can dapat, missed pekat, missed ramssol haiz

i think you will confirm dapat something for sure with that form. good luck and all the best~!

CTOS Digital Bhd - Leading Credit Reporting Agency
Author: PublicInvest | Publish date: Tue, 6 Jul 2021, 9:57 AM

CTOS Digital Bhd (CTOS) is a regional market leader for credit bureau in the ASEAN region, with presence in Malaysia and Thailand. Serving approximately 430 Key Accounts customers, 17,000 Commercial customers and 1.3m registered user as its Direct-to-Consumer customers as at 31 May 2021, CTOS provides i) credit information and analytics digital solutions on companies, businesses and consumers for use by banks and businesses at each stage of the customer lifecycle, where required, and ii) credit information and analysis to consumers to help them understand and monitor their credit health. As at 31 May 2021, CTOS’ databases contained profiles of approximately 15m consumers and approximately 8m companies and businesses.

Moving forward, besides exploring potential investment and acquisition opportunities, CTOS intends to continue enhancing its ecosystem with investment in new databases and innovation of new value-added digital solutions while expanding into new verticals in order to maintain and grow its market share leadership for credit reporting agency services in Malaysia.

We derive a fair value of RM1.16


based on a 40x PE multiple to its FY22F EPS of 2.9sen. This is highly contingent upon the Group managing to extend it pioneer status however. The IPO is expected to raise approximately RM220.0m from the issuance of 200.0m new shares. Apart from utilising 70.5% of the proceeds for repayment of bank borrowings, 2.8% and 26.7% of the proceeds are allocated for listing expenses as well as acquisitions to be identified, respectively.

This post has been edited by SURE ANGPOW: Jul 6 2021, 10:16 AM

Should be higher chance than public ballots??
😎

ONLY 6 SEN ( RM 1.16 ) haaaa ?......
it's by PUBLIC INVEST WORRR.....

REALLY KEPCI

Well...
Big offering...
High PE...

So it's kinda expected 😉

hopefully
Only mentioned special allocation, not sure if that translates to higher chance

hmmm...many are SWEATINGG NOWWW

This post has been edited by SURE ANGPOW: Jul 6 2021, 10:41 AM

seems Everybody want to sell after getting the IPO haaa....
RM 1.16 fair value hard to sustain

Can't rule out down below the IPO price given the Kaput market sentimen lately
After all given Covid No still high (6000++ ) & GLOOOMY Politics.. ..

This post has been edited by SURE ANGPOW: Jul 6 2021, 11:00 AM

Well..
It's better than going via public ballot...
Sure there's others applied too with this blue form path... But chance sure little higher...

A lot of institutional following on this counter, price will be more stable than goreng....

So likely not much excitement in listing day, and got possibility of trending lower than IPO price for few weeks before stabalise higher.

But most of us here hope it can mimic DIY pattern

This post has been edited by wkc5657: Jul 6 2021, 11:06 AM