haha.....hmmmm....so funny this forum..... but i LIKE kikiki

wao rchi.....surprise you are here.... haha.....enjoy ride wth u :)

i saw big U turn on price....shall the price is maintain keeping up slowly ?

http://www.investing.com/analysis/weekly-gasoline-price-update:-a-bit-cheaper-247543

wiseeye bro....not only me.....we hv still many kakis here from start since 4 yrs ago.....price now is 1.15 = 1.725 before ex .... good rewards to us ....cheers bro ....kombay wth sake ")

chris ...nothing special ..... haha...if u feel this price is good enough to buy then buy lah ....bcus from 90+ drop until now ..... if u trust this smrt will give u big rewards....but u need to hv a lots of patience .... :)

connie we all miss u .....hopefully can see u soon at pipo ...") bye

free time to go in market dy after bzzzzz biz ......after gst biz slow down....so , its time for me 66cc market again ...;)



Posted by connie > Apr 5, 2015 05:37 PM | Report Abuse

hello chrissy ... i am fine thank you :) going for a short breakaway next week !!! and how have u been ?????

oh....greeting good morning at my house.... okey thanks

tomyamgong ..thanks for promote bad views...i not enough collect yet .....

if stay abv 655 then its breakout triangle :D

waiting 0.220... test 3rd time....then ................. hihi :DDD

haha dunknow dunknow whose is simon ?

hey tj...u curi curi ikut gua si bor? hiak hiak hiak ....come come go to umwog hv a fun wth me

tornado....isit smrt will be next ...we stay and see yea...patience .....big rewards waiting us..... kikiki

wiseEye bro...haiyo....is okey lar.... thanks for their comment here...without them this forum cant lighting up ma ...dun care what and whose writing...important is our own ....know what u want to do.... cheers ")

stand abv 43...will be test 455/46 later ? wah only few ppl here...hmmm .....errrrr...tj also here wor....hi long time no see ")

hai...sister connie.....long time no see..how are u recently ?

:)

when princess sleep quietly ....will the prince come to hv kiss princess and wake up ? i m waiting prince coming to awake princess :)

waiting break 43 then if stand well abv 455/46...then will be test 48....new high will be test 505/52/54.....price support well at 405.....price still inside trend-line .....

haha...hai dunknow dunknow

:)

congrats to all friends of here.... :)

")

:)

GHL Systems Bhd - Expecting a good pay-off

ff
We left our recent meeting with GHL feeling confident about the group’s
prospects, which will be driven by credit card Transaction Payment
Acquisition (TPA) contribution in FY15 and better traction in ePay services.
Management highlighted that FY15 will be a key year for GHL given that it
will start credit card TPA in Malaysia and non-bank TPA in the Philippines.
We maintain our FY15-17 EPS forecasts and Add call, with an unchanged
target price of RM1.11, based on 23.8x CY16 P/E (40% premium over the
payment sector average in view of GHL’s strong FY13-16 EPS CAGR of 78%).
Stronger TPA earnings and M&A activities in new markets are potential
re-rating catalysts. GHL is our top pick in the domestic tech sector.

What Happened
We hosted 10 buyside analysts and fund managers last week for a meeting with
GHL. The company was represented by group CEO Mr Kanagaraj Lorenz.
Management discussed GHL’s earnings drivers following its 4Q14 results and
outlook for FY15. In addition, management shared about GHL’s risk
underwriting capability that allows it to embark on the credit card TPA
business. It also plans to grow TPA activities with three potential banking
partners in Malaysia and the Philippines this year. Management expects to
secure a partnership with major Malaysian bank in 1H15. GHL is positive about
the Bank Negara Malaysia (BNM) ruling to impose caps on interchange fees as
this is expected to encourage more merchants to embrace e-payments given
that it will effectively lower merchant discount rates (MDR) immediately.

What We Think
While there were no surprises from the meeting, we were encouraged to learn
that TPA-driven activities in Malaysia and the Philippines are still on track to
start in 2Q15 following the completion of back-end network integration with its
partners. We expect GHL to acquire a monthly average of 500 merchants in
Malaysia this year, in line with its monthly target of 300-500 merchants. Apart
from that, we see the reduction in interchange fees as positive for GHL because
it provides more opportunities given that it is not economical for the banks to
fulfil the 800k point-of-sales (POS) terminals target set by BNM. Moreover,
merchant acquirers like GHL can still earn lucrative income as they do not
necessarily need to reduce spreads from the MDR.

What You Should Do
Accumulate GHL. Overall, we think that GHL’s growth prospects are intact and
we are still confident about its execution strategy.

Key takeaways from GHL meeting
We hosted approximately 10 buyside analysts and fund managers recently at a
meeting with GHL Systems’s management. The company was represented by
group CEO Mr Kanagaraj Lorenz @ Raj and the head of group investor
relations, Dennis Saw. Raj remains upbeat about GHL’s growth prospects on
the back of its TPA-driven activities in Malaysia and the Philippines following
the full integration of ePay last year. Management highlighted that FY15 will be
an important year for GHL as the company would commence its maiden credit
card TPA in Malaysia following recent partnerships with Global Payments Card
Processing (Malaysia) and non-bank TPAs in the Philippines. In addition,
management expects to secure another TPA partnership with a local bank this
year in order to boost its TPA activities in Malaysia. Meanwhile, management
also reiterated its commitment to stay transparent about its TPA progress by
disclosing information on the number of merchants acquired beginning in
2Q15.
Apart from that, this year will mark GHL’s foray into the government sector
following its agreement with Amanah Ikhtiar Malaysia (AIM) to provide
cashless payment solutions for AIM’s borrowers. This partnership will enable
AIM borrowers to use its ATM or a debit card instead of cash for loan
repayments. Additionally, the new terminals will enable GHL to offer additional
services from existing ePay products, such as mobile prepaid top-ups and utility
bill services, to AIM members. GHL is expected to deploy 8,000 POS terminals
for AIM’s collection agents starting from end-1Q15. Overall, we see decent
growth potential in the government sector following recent quotes by
government officials on the potential transition from cash payments to online
payments for services such as passport renewals, visas and expatriate, PR
border and student passes.

resources from

http://klse.i3investor.com/servlets/staticfile/256710.jsp

GHLS MK / GHLS.KL | ADD - Maintained | RM0.85 tp:RM1.11▲


Mkt.Cap:US$151.00m | Avg.Daily Vol:US$0.80m | Free Float:35.30%


IT Services | Author(s): Mohd Shanaz NOOR AZAM +60 (3) 2261 9078,


GHL’s FY14 core net profit was in line with our expectation at 104% of our estimate but only 86% of consensus’. Despite a higher effective tax rate in FY14, core net profit rose to RM9.7m vs. RM5.3m FY13, driven by stronger sales from its cash TPA segment following the e-Pay acquisition. We raise our FY15-16 EPS forecasts by 1-4% to account for higher TPA contribution driven by new merchant acquisition activities. We maintain our Add call, with a slightly higher RM1.11 target price, based on 23.8x CY16 P/E (40% premium over the payment sector average in view of GHL’s strong FY13-16 EPS CAGR of 78%). Stronger TPA earnings and M&A activities in new markets are potential re-rating catalysts. GHL is our top pick in the domestic tech sector.


4Q14 highlights


Revenue in 4Q14 rose to RM49.6m vs. RM16.2m a year ago, mainly due to higher contributions from the transaction payment acquisition (TPA) segment, which grew from RM4.1m to RM36.7m following the acquisition of e-Pay. GHL incurred a higher tax expense of RM3.1m during the quarter, partly due to additional RM1.2m in deferred tax expenses. Nonetheless, the company still recorded a higher core net profit of RM2.7m (vs. RM0.3 core net loss in 4Q13), after adjusting for impairment on trade receivables, inventories and intangible assets amounting to RM2.3m.


TPA-driven growth still on track


GHL is in the process of integrating its back-end system to the various banks in order to implement its TPA agreements to accept international credit cards. Management highlighted that the bulk of its effort in 2015 will be directed towards TPA initiatives in Malaysia and the Philippines. To recap, GHL is targeting to sign up 3,000-4,000 merchants in Malaysia following its agreement with Global Payments this year. Meanwhile, it also targets to sign up 300-500 merchants per month in the Philippines to accept payments using UnionPay and JCB International cards. Management expects its first TPA merchants to be on board in 2Q15 and expects more merchants recruited in 2H15, which is in line with our expectations.


Maintain Add


Accumulate GHL. Overall, we think that GHL’s growth prospects are intact and we are still confident of its execution strategy.

Previous [ GHL Systems Bhd ] reports...
15/2/15 Co.Flash Payment reforms beneficiary (ADD, RM0.85 tp:RM1.10)
12/2/15 Co.Flash Expanding Malaysian footprint (ADD, RM0.82 tp:RM1.10▲)
28/1/15 Co.Flash Securing Malaysian TPA (ADD, RM0.77 tp:RM1.00)

https://brokingrfs.cimb.com/aLdJmhCRWrfb8d9F5umY5OcToYM0ErE5u2qtm2EX1TrkGdr3e5b2lp3OxWLRPp3qwBLlztW85NCTHw2.pdf

Disposed 12/02/2015 432,300 0.830 .......only disposed 432k ...... small matter .....what is many director? only one .....in recently .....

http://youtu.be/RZ1LwpafgFc

cheers up .... my friends

CIMB new updated new target price RM 1.10 :)

https://docs.google.com/file/d/0BzqQeP0DHDVOQXByUE50MjdxOEFhZXV6dXhScjRYNGZQc2Jv/edit?usp=docslist_api

Duit, fact and figures doesn't change. Let's see how much room Ghlsys can go. But one thing for sure, one good cake might catch an attention from one larger party. Wait for the moment. It will be attractive. But Ghlsys is not the darling of klse. So be patient yea.

Good night, kakis.

Duit, another within days will have another break, thanks.

Ghl will be gaining momentum by gaining more joint ventures with government in 2015. More growth news will follows.

GHL secures 1st public sector client for its cashless payment system

By Yen Ne Foo / theedgemarkets.com | February 11, 2015 : 7:17 PM MYT

KUALA LUMPUR (Feb 11): GHL Systems Bhd (GHL) ( Financial Dashboard) has expanded its transaction payment acquisition (TPA) business to the Malaysian public sector with its first contract to provide an end-to-end system for cashless collection of loan repayments to the country’s largest microcredit organisation, Amanah Ikhtiar Malaysia (AIM).

GHL Malaysia chief executive officer Danny Leong told reporters after the signing ceremony of the contract today that GHL would earn “a fraction of the transaction fee” for loan repayments through GHL’s payment system using a debit card. The transaction fee will be borne by AIM.

“AIM has 350,000 borrowers currently repaying their loans on a weekly basis. So, we are looking at a potential RM1.4 billion [worth of] transactions per month being processed through this cashless infrastructure. This is huge [for GHL],” Leong added.

GHL (fundamental: 1.4; valuation: 0.3) declined to specify how much it would be charging AIM per transaction but said that GHL could charge merchants like AIM less than the usual 0.8% charged by banks, due to its “lower overheads”.

Meanwhile, Leong said GHL has already invested US$1.5 million in capital expenditure to set up the cashless payment system and to provide AIM’s 8,000 collection points with payment terminals. This e-payment infrastructure will be rolled out in the first quarter of 2015.

The contract with AIM, Leong said, is a sign that GHL’s pursuit for public sector work is starting to gain momentum.

“Traditionally, from the GHL standpoint, we deal a lot with banks, telecommunications companies, and large merchants. We are quite new to the government sector. So, this is a landmark project for us.

“We see the potential for government contracts as really bright because Bank Negara is pushing cashless transactions, whether you are in government sector or private sector, and we are in an ideal position to help to spearhead this, together with the government,” he said.

Malaysia has seen payments using debit or ATM cards increased at a compounded annual growth rate of 20% in the last three years. The country currently has 44.6 million ATM cards in circulation.

Under the central bank’s 10-year Financial Sector Blueprint, it aims to grow the use of debit cards from eight transactions per 1,000 inhabitants to 25 transactions per thousand population by 2020.

Leong said that GHL would have a leading role to play in helping Bank Negara achieved its goals and that it is already in talks with several other government agencies to provide a cashless payment system.

“We will see more and more collection-related [businesses], whether it is fees or fines. We believe we will have a role to play to make [such transactions] cashless by using a debit card or an ATM card,” he explained.

(Note: The Edge Research's fundamental score reflects a company’s profitability and balance sheet strength, calculated based on historical numbers. The valuation score determines if a stock is attractively valued or not, also based on historical numbers. A score of 3 suggests strong fundamentals and attractive valuations.)

http://www.theedgemarkets.com/my/article/ghl-secures-1st-public-sector-client-its-cashless-payment-system

Why drop ? When price go up why no ask WHY UPPPPPPPPP ???? haha....its normal correction ...price still abv support trend line 0.79/805.... whose saw the company future pontential they are no worry about price up and down.....they are enjoyed ride up and down up and down ..... relax yeah friends ... hihihi

Our dream come true.

uncle i dunknow u also...but looking here so many ppl call uncle....so i knock in door also say hello to uncle lor kikiki :P

hai.....uncle.... :DDDD
hai everyone here

:)

This ctr not for punt...keep it ....good luck for new investor ")

looks like....... 85/86/89/92 ...kikiki

hehe ....

28 January 2015
Malaysia
Company Flash Note
GHL Systems Bhd   |  PDF
Securing Malaysian TPA
GHLS MK / GHLS.KL  | ADD - Maintained  | RM0.77 /Tp RM1.00
Mkt.Cap:US$136.20m  | Avg.Daily Vol:US$0.72m  | Free Float:35.30%
IT Services  | Author(s): Mohd Shanaz NOOR AZAM +60 (3) 2261 9078,
▊ GHL has signed an agreement with Global Payments for a TPA arrangement in Malaysia. This marks its entry into the direct merchant acquisition space, consolidating its position as the nation’s leading payment services provider. With this, we expect GHL to derive stronger earnings from terminal rental and merchant discount rates. Despite the delay in finalising the agreement, we maintain our FY14-16 EPS forecasts and reiterate our Add call and target price, still based on 23.8x CY16 P/E (40% premium to the payment sector average), in view of GHL’s strong FY13-16 EPS CAGR of 72% and attractive PEG of 0.7x. Stronger TPA earnings and M&A activities in new markets are potential catalysts. GHL is our top pick in the domestic technology sector.

What Happened
GHL announced that its subsidiaries, GHL Cardpay and GHL Epayments, have signed an agreement with Global Payments Malaysia (GPM) to acquire merchants under a Transaction Payment Acquisition (TPA) arrangement. Under the agreement, GHL will acquire new merchants for GPM by providing sales, marketing and on-boarding services. GHL will also facilitate transaction and fund settlements between GPM and the new merchants. The company expects to start deploying its point-of-sales (POS) terminals in 2Q15, and targets to sign up 3,000-4,000 merchants as an initial rollout plan in 2015. Separately, its Philippines TPA development is still on track; management expects a full POS rollout in Mar 15 upon completion of back-end integration.

What We Think
Although the Malaysia TPA announcement did not come as a complete surprise, it was nevertheless a relief that GHL has finally secured the agreement after recent delays. We understand that given GPM’s partnership with HSBC Bank Malaysia, the bank will act as a local clearinghouse for the payment transaction as required by Bank Negara. Thus, GHL can officially begin its merchant acquisition process and start generating revenue from merchant discount rates and terminal rental from the smaller third- and fourth-tier merchants. We project that 10,000 merchants will sign up for its TPA service in 2015 mainly driven from Malaysia and the Philippines which is expected to reach over 9,000 merchants, while we see minimal growth from Thailand given the uncertainty surrounding the country’s political environment.

What You Should Do
Accumulate the stock. Overall, we think GHL’s growth prospect is intact and we remain confident of its execution strategy.
         
         
Previous [ GHL Systems Bhd ] reports...
16/12/14  Co.Flash  Securing Philippines TPA  (ADD, RM0.60 /tp RM1.00)
26/11/14  Co.Results  TPA-driven growth still on track  (ADD, RM0.74 /tp RM1.06)
28/10/14  Co.Flash  One-for-two bonus issue goes ex  (ADD, RM0.83 /tp RM1.06)

Congrats whose have patient wait this ghl slowly up give rewards to royalty khakis....


http://www.theedgemarkets.com/my/article/ghl-systems-eyes-4000-merchants-local-payment-facilitator-initiative

Who are they ? Here ---> https://www.google.com/finance?cid=665760

http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=GPN

opsss........and for Hitman too :DDDD

song for u and friends here ...... good night :D

https://www.youtube.com/watch?v=ijjtlJ4Rrdg



Posted by duitKWSPkita > Jan 21, 2015 05:07 PM | Report Abuse

Connie,
Dunknow,
mslee81,
cherry,
christine,
hawk,
kitty28,
fyh30,

FIGHT FIGHT FIGHT !!!!!!!!!! wishing all have a wonderful evening with you loved one.

hahahaha....zai lar zai lar.....go catch some perisai keep lor...bonus for u....closed bullish .....

tekseng ....s3 0.745, s2 0.785 , s1 0.825 .... as i see hor.... after 9th jan hv distribution happen wor .... for me ....price cannot break down over 785 lor.....wat u wanna know? kiki

alo alo alo....pls dun lets ur's wife know u miss me a lots here.... hows urs day? everything good good?

hai hai...i m back home ...kikiki ...anybody miss me? yuhu :P

dun use ifca compare wth ghl....different game :)

Hehe...intersting article

https://drive.google.com/file/d/0BzqQeP0DHDVOVlJYNzdNZUF6Qzg/view?usp=sharing