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 IPO: CTOS, Upcoming IPO

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SUSxander83
post Mar 23 2021, 09:09 AM

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QUOTE(fms21 @ Mar 23 2021, 08:57 AM)
if huge and price are high, then the potential will become less..hope it happened..
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Should be the range of RM1.80 to 2.70 range

Anything above won’t be attractive because I am sure a lot of institutional buying are parking into it with the current ringgit valuation is low range at the moment

Looks like probably around August or September listing
SUSxander83
post Mar 23 2021, 10:01 AM

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QUOTE(KopiMalaysiano @ Mar 23 2021, 09:11 AM)
What’s the case for listing? Need funds for what?
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Creador cashing out and also need funding to take over Experian Malaysia to compete against CCRIS

SUSxander83
post Mar 24 2021, 02:06 AM

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QUOTE(KopiMalaysiano @ Mar 23 2021, 11:49 AM)
walao how to makan oh this one. CTOS not moved office me dunno where thought they fired bunch of people

meanwhile experion doing v well on cyber u sure or not
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Yes because both has a similar shareholder which is why they are using a CTOS to takeover Experian and boost their monopoly

Experian in doing well abroad not in Malaysia but there is a need for them as lot of dependency on them in this market hence I won’t be surprised after what happened to IBM Malaysia
SUSxander83
post Jul 4 2021, 01:58 AM

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QUOTE(Solar Calendar @ Jul 3 2021, 07:04 PM)
PE 60 wor.
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Wait and see would be the smart move to buy because most likely buy limit is surprising

I am parking some to buy into at 1.20 for dividends only

Let’s see this year dividend payout later rclxms.gif
SUSxander83
post Jul 5 2021, 05:36 AM

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QUOTE(Solar Calendar @ Jul 4 2021, 02:52 PM)
?? U not gonna apply IPO?
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Why bother because the markets will drop and affect sentiments for it?

You got to remember 79% CTOS base revenue is in Malaysia plus most of IPO proceeds are paring down debt hence the 1st day movement will be slow

Look at MrDIY will give you an indicator because the momentum upside was a month later hence better wait and see to see market depth trade waiting for the whale to buy in and piggybacking then
SUSxander83
post Jul 6 2021, 02:35 AM

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QUOTE(tripleA+ @ Jul 5 2021, 08:52 AM)
I bet you have a good TA to spot movement of big money
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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


SUSxander83
post Jul 6 2021, 02:37 AM

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QUOTE(nalda10 @ Jul 6 2021, 12:43 AM)
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
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Consider that small when if it is blockbuster it should be 200k range now
SUSxander83
post Jul 7 2021, 05:31 AM

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QUOTE(nexona88 @ Jul 6 2021, 08:25 AM)
U know Malaysian how?
Always last minute work done...
Some apply 10min before closing also got 😎
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Surprisingly slow because by now should be tens of millions application because of the time of the listing middle of the month

QUOTE(SURE ANGPOW @ Jul 6 2021, 10:14 AM)
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 mega_shok.gif  doh.gif  sweat.gif  devil.gif
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.
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Not off from FV of 1.18 upon averaging

QUOTE(Solar Calendar @ Jul 6 2021, 06:59 PM)
Lol you guys forgot got one analyst give MR DIY RM 1.20 TP? Downside of 30 percent. Till now still got people care about TP.  Funny.
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That’s why you need an average out of at least 15 analyst to right valuation balance otherwise skew towards promoting

QUOTE(nexona88 @ Jul 6 2021, 08:00 PM)
Solar Calendar
So much posting...
Free publicity for CTOS...
True salesman 🤑💰
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Basically promoter for this IPO rclxms.gif
SUSxander83
post Jul 14 2021, 04:11 AM

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QUOTE(pileepalah @ Jul 13 2021, 03:29 PM)
mkt koyak oreli lah
tak dapat pun tak apa lah
nanti boleh buy from mkt...
manatau cheaper than ipo price
wat say you
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Let pounce on open market because we will make better money than those on IPO rclxms.gif
SUSxander83
post Jul 16 2021, 06:34 PM

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QUOTE(tnang @ Jul 15 2021, 12:56 PM)
dont put too much hope, look at yenher today. market sentiment is bad
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Ramssol has proven it because a lot of selling by 10am

QUOTE(squarepilot @ Jul 15 2021, 02:01 PM)
CTOS is listing because the investors want to exit market already.

With the smart contract and cypto blockchain coming in, who need CTOS?
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Yeah can foresee heavy selling just like Ramssol

QUOTE(theevilman1909 @ Jul 15 2021, 11:25 PM)
Feel lucky..
Might follows Mr DIY trend...
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Wait 2 weeks then you know rclxms.gif
SUSxander83
post Jul 17 2021, 10:11 PM

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QUOTE(pileepalah @ Jul 17 2021, 09:41 AM)
ceh peanut dividend only rm5. 33 cannot even go
beli roti canai telur + satu bungkus teh tarik
pergghhh ahhhhhhhhh
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Half sen nothing to shout out because 0.5% dividend based on listing price doh.gif
SUSxander83
post Jul 23 2021, 08:19 AM

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QUOTE(nasT @ Jul 21 2021, 06:50 AM)
RM2 today or soon??
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A lot cashing out today and will wait to see whether it drop so below rm1.38 the next opportunity to buy rclxms.gif
SUSxander83
post Sep 7 2021, 05:13 AM

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QUOTE(hybr1d3d @ Sep 6 2021, 02:21 AM)
should go down for another round before climbing again... but man, the PE is crazy...
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Similar behaviour in charts as with MrDiy

If it’s tracks the same you will be seeing rm3 by Xmas time
SUSxander83
post Sep 8 2021, 03:00 AM

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QUOTE(hybr1d3d @ Sep 7 2021, 09:53 PM)
Well next QR will be interesting
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Especially whether their Thai subsidiary can carry their earnings as well

 

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