SYSTECH (0050) - SYSTECH's Growth Prospect

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 Why buy into SYSTECH ?

Nowadays all data of companies are stored using computers and servers, from simple operational to highly confidential documents, etc., you name it. Imagine if company not able to secure itself from cyber attack, it could melt down a company causing catastrophic losses. Many don't realize how important this is until it happens to them. With more cyber attacks going to come, inevitably, more and more companies are going to realize that spending for cyber security is no longer an option.

Sysarmy Sdn Bhd has posted a 59% growth in revenue according to Annual Report 2017. Postlink (turnkey solutions for mail) & Rofarez (cloud-based solutions) should also contribute further in future.

SYSTECH has also issued dividend 3% per share by March 2017 to its shareholder.



SYSTECH financial for 5-year trend:

 




Graph for next uptrend:




DFTZ went Live on 3rd November 2017. This will further boost its e-commerce segment.



Find below to further elaborate the importance of cyber security:



Refer from “Top 5 cybersecurity facts, figures and statistics for 2017

Quote:

".... 1. Cyber crime damage costs to hit $6 trillion annually by 2021.

2. Cybersecurity spending to exceed $1 trillion from 2017 to 2021.

3. Cyber crime will more than triple the number of unfilled cybersecurity jobs, which is predicted to reach 3.5 million by 2021.

4. Human attack surface to reach 6 billion people by 2022.

5. Global ransomware damage costs are predicted to exceed $5 billion in 2017..."



Refer from "Johari: Focus on firms’ cyber maturity"

Quote:

".... Practitioners in key sectors need to harness robust risk management culture to protect against rising cyber attacks, said Second Finance Minister Datuk Seri Johari Abdul Ghani..."






With above reasons, SYSTECH should continue its uptrend.


https://www.blogger.com/blogger.g?blogID=25058915#allposts