Lcy98

Lcy98 | Joined since 2017-12-06

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2017-12-16 10:58 | Report Abuse

PUC market cap is now RM400m with a PE of 230. I can only imagine what would be the market cap of MPay once they declare profits.

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2017-12-15 08:22 | Report Abuse

Strong support seen at 20.5 cents. Likely to see more activity in MPay as it plays catch up on PUC impressive share performance.
MPay marketing team not as aggressive as PUC.
The lauch of Presto at Ruyi and Lyn was very well planned with strong media coverage.

Stock

2017-12-06 22:07 | Report Abuse

I have read the thread of comments made and I m encouraged to say that mark chia has good intentions and clear foresight. I am a believer of fintech and of the opinion that MPay has the potential to capture a big slice of this industry. It's unfortunate that the Co share price has been bash down due to the consecutive quarterly losses incurred. Management needs to prove to the market that it has the ability to execute well it's biz capabilities regardless of their impressive balance sheet. Profit n positive cash flows is more important than net cash.
The beauty of this forum is to encourage people to voice their opinions freely and not to criticise others because share price was unfavorable.
I guess u would think of mark chia as a living messiah if MPay was above RM1. It's up to management to make it possible and to reward investors for their trust and patience.