Stay at this level for another 2days, price will crumble.

Yes, need government approval (Central Bank) to do e-money etc, if you are none bank, third party, foreign...uphill battle to get licence. Do Netx has licence from Malaysia, Thailand or Cambodia? In Malaysia alone will take them more than a year to process.....that if Central Bank want to consider.

Both co are in difficult biz. Mpay is the only co licence by BNM to do E-Money i.e. wallet (after they bluff BNM) and peer-to-peer financing platform operator.......their EDC merchant a lot more than defunct Next merchant......they have done a lot more than Netx but I think they should trade at just 15sen.....maybe after election.......when investor become more sober...They have done so much but still can't make money....they are in susah biz lines....drive only by interest and passion of MD....

Today best time to sell, yesterday safe by late news on Saudi, Russia and Bandar Malaysia....everyone want to clear at 12sen...waiting for any sucker to carry on.... their worries.

Notice those names who promoted this stock few wks ago....they are not here anymore. .....only slowcoach are here.....

Nothing has change, today was safe by Bandar Malaysia, Saudi and Russia News on oil output cut extension.

Bringing a horse back from an injury is a long and sometimes frustrating process....

Watch the vol.

True but can't say the same if astonishing high price...could trap for years...and miss the opportunity to invest elsewhere. The thing with this co ... they have to retail it.....unlike secured contract/jobs.

When you in retails....exposes to high business risk...especially "me to products", "jump into the bandwagon"... e this e that. Saturated...need deep pocket to be successful and to compete with big player i.e. in Thailand, China etc.

Felda bluff, they want to sell, after almost 5yrs still losing and now .....Iris are no longer have strategic value.....significant to Felda.

Felda came in for Agrotech and their proposal on providing alternative income for settlers and cheaper house.....obviously kena tipu by Iris.

Felda are not Kwap, Epf or any funds mgt.....Felda will sell...but they can't say it openly.......otherwise.... price will crumble. Felda also pretending they are not desperate in bring in back all their money. ...they already sell their Maybank stake...bagus jual tak bagus cannot sell...

Down, too fast too furious...to some 400% exceeding Iwcity...

You will see first money in 5yrs times. Mpay so called frontrunner.... till now unable to bring any meaningful revenues....not talking profit ....because they have to go thru stages of concept, approval, building, educate, promoting, retails etc...

Wakaka

Betul betul... like PayAllz Malaysia......how are they are doing?

Keuin thank you, but it's not me to be convince, I senses everybody want to throw at 12-13sen....so who want to buy after 10sen? Maybe this is final leg....it might move again after profit taking....depend on co performance.....let see what happen to their Pakistani Rockville project...so far didn't bring any money...after 1yr

This time will go thru tender process and it gonna cost them more than RM12.3B maybe 20B.

We actually open our door to Alibaba Penyamun and we didn't realised it.

https://techcrunch.com/2016/11/07/alibabas-trojan-horse-for-southeast-asia/

Ha ha RichEnigma .....crazy not to sell.

Exactly...all bank offer...why do I need Payallz, Mpay etc...unlike Touch N go.....going to be hard sell

Contractual work? Potong getah.

Pengwin, operators are sophisticated, always ahead of you. They have resources...they work in team from various stock broking firm....create buy and sell volume within their group......Their transactions cost....minimal...sometime work on profit sharing, they have good margin, some shareholder loan them their shares etc....before they move...always a backing...stories, news, PR..etc. What make you think they are the one who buying at 0.011?....twice fail to break...don't wait for 3rd attempt....soon the volume will disappear....imho.

0.08 is good distribution if your cost 0.04

Suspicious, the buyer are 8X more than the seller, but they never makan seller....if they are so bullish.....it's a bait....imho.

After 300% profit within short period of time....it just too much profit to ignore. Overbought position. Nobody know anything about the project, timing, business model, profit projection etc.....management didn’t explain or give any clues....after so many days, no research house want to cover them, no interview etc.

I'm sceptical on E-Payment, E-money, E-wallet, Alipay, fintech business etc. I think it not that easy to do, currently more on experimental stages, will take time before company can make money, not very lucrative..for example Alipay will sign up with any co...no exclusivity ...will be just like Master/Visa.

No doubt Alipay will be dominant....but they plan to keep it for themselves.....they will use HelloPay as their primary Systems in this region... they control all the market place like Lazada and all the...traffic, distribution, finance, delivery channel in their ecosystem. All other player are just building technology for technology sake.... on piecemeal.

Till then we have to wait for management quick response ....if they want to shares their plan with investor.

Ask Sultan to get back Iwcity project first la.

Imho Distribution last few days

KUALA LUMPUR: Umno marked its 71st anniversary with a show of strength and solidarity, as Datuk Seri Najib Tun Razak declared the party ready for the 14th General Election.

Addressing thousands of party members dressed in red at a gathering at the National Stadium in Bukit Jalil, the Umno president put paid to claims that the party was now weak and disunited.

Najib emphasised that Umno would remain inclusive and always work with its partners in Barisan Nasional to ensure that the rights of all Malaysians were protected.

“I want to ask you – are we strong enough, ready enough? Can I dissolve Parliament tomorrow?” Najib asked the audience to rousing cheers.

“Who says Umno is not strong? If you say that we are not strong, then just witness this gathering,” the Barisan chairman said.

Colourful banners were hung inside the stadium with messages such as “No retreat no surrender” and “Islam develops with a United Umno”.

Also present were former Prime Minister Tun Abdullah Ahmad Badawi and other Umno veterans.

Addressing claims that Umno had become too focused on wooing the Malays at the expense of other races, Najib reiterated that Umno was neither racist nor extremist.

“We are willing to work together, to share power with our partners in Barisan Nasional,” said Najib.

He paid tribute to Barisan leaders, many of whom attended the gathering, including MCA president Datuk Seri Liow Tiong Lai, MIC president Datuk Seri Dr S. Subra­maniam, Gerakan president Datuk Seri Mah Siew Keong and leaders of component parties from Sabah and Sarawak. He called out each leader by name and saluted them.

In his 38-minute speech, Najib also went into full attack mode, not only against the Opposition but also against Tun Dr Mahathir Mohamad.

With a picture of the former prime minister displayed on the giant video screen behind him, Najib said it was sad and unexpected that a leader who had led the party and country for so long was now willing to work with Umno’s enemies to bring the party down.

Najib then expressed his gratitude to Abdullah for setting a good example of a former Umno leader continuing to be loyal to the party.

He also praised PAS president Datuk Seri Abdul Hadi Awang, who described his Islamist party’s cooperation with Umno on common issues of interest as a sign of mature politics.

Flanked by vice-presidents Datuk Seri Dr Ahmad Zahid Hamidi and Datuk Seri Hishammuddin Hussein and other party leaders as he delivered his speech, a fired up Najib said: “I am not lonely because I am surrounded by Umno leaders who are all united and loyal to the party and the country.

“Because of that we don’t feel afraid and whatever the Opposition tries to throw at us, we will face with all our strength.”


Read more at http://www.thestar.com.my/news/nation/2017/05/12/a-show-of-solidarity-at-umnos-71st-anniversary-thousands-cheer-as-najib-declares-party-ready-for-ge1/#mRPBhBVAcjMWMg6g.99

http://malaysiandigest.com/business/674063-ekuinas-close-to-acquiring-engineering-firm.html

http://www.theedgemarkets.com/article/systra-partners-meinhardt-deliver-two-klsingapore-hsr-design-contracts

Tayar sudah botak :))

Anybody know company business plan/model and revenue/income projection,timing? What sort of size we looking at? ....size compare to Payallz? Any write up? Analyst? Did mgt give any clues?

Tweet Tweet

Not distribution?

http://www.sinchew.com.my/node/1641581/标志岸外orkim脱售不成．国家股份：续护航油气业

Then should buy dividend stock, new co. need cash to growth or need time to set their dividend policy.

Issue ESOS only when your stock perform then it is real incentives to productive staff, otherwise shares dilution. ESOS get bank financing...so buta money. CFO smart lady.

Kash is not their program, they supply EDC terminal on revenue sharing..i.e. for every swipe. Since Jcorp didn't buy or paying rent (not sure) then all the risk is on Mpay....that terminal cost few thousand ringgit each.....they must make sure they will be enough swipe every mth to cover their investment and maintenence cost. Now who want to have additional card in their wallet just to pay for Kfc, Ayamas, Pizzahut and few small shop. My Visa Master, my Bankcard or Touchngo can do that.

http://www.railwaygazette.com/news/news/asia/single-view/view/kuala-lumpur-singapore-design-consultants-appointed.html

http://m.scmp.com/tech/china-tech/article/2089267/alipay-expansion-gathers-speed-move-southeast-asia

http://www.theedgemarkets.com/article/managepay-deploy-3000-credit-card-terminals-748-outlets-jcorps-unit

Who want to use the card just to pay Kfc? Our debit and credit card can do the job easily....no need to top up etc. Hard sell.

Nobody know how much they can make or if then can make or when will they make? Glut in e-payment,e-money..everyone trying.

Honestly... nobody know whether company can makes money or not, especially it just a technical agreement. Mpay has been trying for years without success.

"Majority of fintech ‘solutions’ have been created to do “technology for technology’s sake”— building a faster car when what is really lacking are more roads."

"we expect these payment companies to struggle throughout 2017. With Lazada, Alibaba pulled off the ultimate trojan horse strategy to bring in Alipay and Ant Financial into the region."

"Alipay’s entrance into Southeast Asia will drive consolidations in the online payments sector"

"Expect more casualties from a potential Alibaba and Amazon face-off"


https://www.acommerce.asia/11-trends-ecommerce-2017/

https://www.aseantoday.com/2017/03/alipay-expansion-how-it-can-benefit-southeast-asia-and-its-economy/

" But is there money to be made from just catering for tourists? Almost certainly not."

https://www.aseantoday.com/2017/03/alipay-expansion-how-it-can-benefit-southeast-asia-and-its-economy/


"we expect these payment companies to struggle throughout 2017. With Lazada, Alibaba pulled off the ultimate trojan horse strategy to bring in Alipay and Ant Financial into the region."

https://www.acommerce.asia/11-trends-ecommerce-2017/


-Look like they will use Lazada HelloPay for South east asia market.

http://m.scmp.com/tech/china-tech/article/2089267/alipay-expansion-gathers-speed-move-southeast-asia

HelloPay now had been rebranded as Alipay Singapore, Alipay Malaysia, Alipay Indonesia, and Alipay Philippines. Meanwhile Alipay continue to work with many other companies, there are no exclusivity.

YB Iskandar Samad or Tan Sri Khalid could be next MB before GE, would complicate situation.

Funds and Asset Mgt start coming. QR ok. Ecrl jobs will be given out soon.

People think HSR project will only going for tender in 4Q2017....infact the co as it now already bid for tender projects amounted to RM300M domestic jobs and another RM150M for oversea jobs.

That not included HSR and ECRL project. Engineering co. will have roles in various stages including early stages of planning and preparing for tender i.e. study, specifications etc. So expect they will be given an early jobs before any one else.

In AGM....ED said historically, our Group has had a fairly good tender success rate and thus, we hope to announce more good news soon.”

The co has long relationship with Prasana, MRT, Government, Peneraju etc...will have good chance to win more projects.

Personally I think if Election in September, they will speed up the awards before election.

The two local cos are Ranhill Engineers and Hss; Hss get longer routes. They must ensure local participation for knowledges and technology transfers. Will add on to already impressive Hss profile.

Approved for dividend and Main board transfer so maybe next couples of days will submit to SC.

Money gone to Iris for PP @15.5sen.

24sen Felda will sell first.

I'm no sifu. Newbie 2017. The way you ask....I think you need to learn a bit more before buying any stock. Best you just watch this stock.

Maybank Investment did cover this stock....refer to my previous posting. Maybank Invest and Now Affin Hwang start covering this stock....I said before very rare any IBs want to cover ACE market stock....unless somethings big going to happen and Institutional are interested.

Now another appointment for ECRL scheme design and feasibility studies job. If they can get in pre planning job...they will get more in later stages.