Mr. Adelson might be very interested if the proposal is good!!

Nallayak, this time round...losses are due to impairment. One off process, so no big issues I think. However, gaming business a little slow (from annual report). However retail business was very promising...

I guess knee jerk reaction today but still positive for short to medium term if going up north for a license..

Good luck:)

Target: RM30 million next year?? Hehehe...

Just have to wait for the announcement on the emergence of the new shareholders. After this, we can expect a spate of announcements related to property development with Protasco (5070) in Cyberjaya!! The most precious of all, the lucrative cloud computing business with a data center!! An IT initiative with full governmental support...

PE ratio is only at 6.5...nett profit now above RM10 million!! Supercool...

I guess not many people here like his move. Well, understandable though..

All counters linked to other top 10 tycoons have been experiencing steady share price appreciation. This one is trending the opposite way although NTA is way above RM 1.50..that's why shareholders are not happy! When I ask my remisier about this counter, the first response was...you buy this counter ar?? Better don't la...becareful, dangerous...not sure why.

Maybe a little bit of generosity to the mass market can help increase one's reputation and perhaps less resistance when submitting a request??
Previous request was met with heavy resistance until it had to be withdrawn...objections from whom?? The lower and middle class individuals...well versed in the stock market.

In any case, good luck guys. All the best..

Special businessman will always be a special businessman. One will always have his own strategy to achieve his own initiatives...

A sudden loss of RM250M is not for the faint hearted. For some, this is now the 'right' time for the company to carry out a share buyback CHEAPLY. To accumulate (buy back) shares from the public, it depends whether one is willing to pay the premium. For now, who's selling and who's buying...only for you to find out. In definite terms, it seems that some institutional funds are looking for new opportunities to enter...some might have entered last week, in a small way...you will never know!! Why are they still interested??

If you zoom in deeply, a license in Pahang is not viable. Too much resistance!! Analysts have concurred the slim possibility of being offered a license and on top of that, competition with RWB in Pahang will only dilute earnings...

BUT BUT BUT...what if in KEDAH leh? YES, Langkawi is definitely a good spot....close to Thailand (drawing in Thai high rollers and with a good airport in Kedah, will definitely bring in the Chinese high rollers !!). AAsia will definitely be interested...Nice beachfront, special region...in our Northern corridor doorstep!!, wow...lucrative lucrative lucrative!!! Definitely a fierce competitor with Singapore Marina Bay operators...Err, who knows, LVS as a partner? They have always been scouting for future opportunities and partners...(do you think other investors will have the same idea too? perhaps it is already in the 'intent' stage...)

-Pls do not treat this as a buy or sell call. Just a personal view. Again, NOT A BUY or SELL call...

Posted by ShinRenNeo > Apr 15, 2014 02:06 AM | Report Abuse X
Well, I am done with MPay…sold some last friday and all of them today.
Going for others with better potential. Good luck MPay shareholders! :)

Posted by wee888 > Apr 15, 2014 04:44 AM | Report Abuse
I think you will regret later. Anyway best of luck in your other investments.

Guys, I hope you can understand the words 'ignorance' and 'hope'. I sold all my stakes on the 15th April and never looked back...You see, what goes up will definitely come down!!

I see soooo many people here embracing 'the master'...knowing how to write a few english sentences does mean he knows about stock investment!! When it goes up, hooray..he is the master. When trending downwards, blaming game starts...

From my opinion, this counter is trending downwards (but don't take my words for good or blame me if it spikes a bit up). It will go back to the state of 0.13-0.15 underlying and 0.05 (progressing downwards) for the warrant...until...oops, I better shut up!! End of warrant life is next year...history never lies!

I hope I am not offending anyone here but there are still plenty of opportunities out there. As long as Bursa don't close shop (technically impossible of the impossible), you will have your chances again to recoup and gain some profits. Right?? Don't put all your eggs in one basket.

Honestly, i always browse two sites. First i3investor and the second investlah..in fact i saw one guy's (the guy with a lion head) comments and that's why i went into mpay. His first comments of the yr, Asiapac, then KNM, then MPay...and now two more new ones. I am closely watching the two now...hoping for better opportunities. Whether this is or not true, I will see it out soon.

I wish you all good luck!! I am sleeping now and hoping the best for you all tomorrow...

Hmm, just be very very careful. A loss making company and yet so much hype…even up to macau??

Becareful of your hard earned money guys, be very very very careful. Already on Bursa's radar..

Well, I am done with MPay…sold some last friday and all of them today.

Going for others with better potential. Good luck MPay shareholders! :)

Hi Madiba,
Here's the link..it' clearly stated in the announcement if you read carefully.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1575613

Circumstances by reason of which a person ceases to be a substantial securities Holder
Disposal of shares TO Dato Dahlan Bin Mohd Rasaid, Director of ETRS GTF Systems Sdn Bhd

Nature of interest Direct

Date of notice 24/03/2014

>> Before: From INDIRECT INTEREST through shareholding by ETRS where Dato is the Director of ETRS and that ETRS owns the PP shares. (So, Dato owns ETRS >> ETRS owns MPay PP shares. Thus, Indirect Interest by Dato)

>> Now: DIRECT Interest because Dahlan DIRECTLY owns the shares.

I don't understand why red flag was raised and then green flag...:)
it was clearly stated that share disposal by etrs was to Dahlan. Moreover, ETRS is also owned by Dahlan..why red flag?? Why now green flag leh??

I see T4 effect today. Queueing to by low today…;)

You guys sudah jual ar? You seriously believe in those lari lari capati cross meh? those charts does not seriously tell you about the dynamics of the 'current' day trade one oh…who's in who's out! given the prospects of this counter, i picked up some more at 0.25 today.

Nobody will fight la, just a knee jerk reaction by small fishes while background accumulation at low end prices is on going lo…Russia exchange fell nearly 10% today, ruble fell 2% already until central bank has to raise interest rates by 1.5%. Sampai bila did orang boleh than??

Diplomatic solution is now underway as we speak lo…
http://www.euronews.com/2014/03/02/merkel-gets-putin-to-accept-fact-finding-mission-to-ukraine/

I have the guts to enter, I have the guts to hold, I will have the guts to win!! cheers, guys!

If whatthis guys says id true, then there must be something liao...

Hi cihiro, this guy aka newklear comment in investlah looks quite special. He seems to know something. Anyone here know this guy?

Guys, I am suspecting that our posts here is being read by 'them'...
They seem to be adopting the wait and prowl attitude on those without holding intentions.

Correct 4u2c?…;)

This counter is as solid as a diamond…however, must also not spike up and then down hard (like other Ace counters) as this will create volatility. Negative publicity will only impact the awarding of the GTF.

Well, in malaysia…we have The Sugar King and Rice King. In MPay, we have the Chocolate King!! Let's not forget that chocolate is a luxury. And to enjoy luxury, we will need $$$...;)

dailyblessings, Thank You Thank You!! I hope your blessings can come true for me..:)

I am still collecting feathers, gluing them to form a small wing. Then hopefully, I can fly a bit..:)

But my sifu (senior from MBA class) is already a savvy trader…he told me MAICA, IRIS before…I tadak duit beli, only untung sikit sikit from IRIS. Then he told me collect TIGER (only mari sikit sikit oso, very slow). Now he gimme tips, MPay…

My sifu explained to me: IRIS is what it is today because of Perbadanan Nasional Berhad's entry in 2011 (agency from MOF to encourage entrepreneurs to built up on franchising). When they left, FELDA took over with a huge stake. Wahh, with FELDA entry price, now already more than 100%. Should PNB or any other agencies be interested in MPay (to support franchising coz involving malaysian retailers association), then this will be a boost for the malaysian retail industry. A boost for the mass malaysian retail population is good and will help drive us to achieve high income nation? Still a long road but getting closer. Definitely in the right direction…What do you think?

dailyblessings, ya lo…let's hope our predictions can come true. I am doing my MBA (more on e-commerce) and so I know a bit. But still learning, :)

I belajar sikit sikit, I invest sikit sikit...

4u2c, i agree with you. MPay is very rich in cash..Major portion of the cash from rights issue is still in their coffer and not utilized till now. I think it is the right time for them to use the cash now for expansion..:)

Considering their previous success dealings with VISA payment, they are worthwhile for the GTF project. IRIS also good but lack knowledge on e-payments…more on security type.

Making some small calculation let, RM50 million in revenue. Assuming modest 20% profit = RM 10 million. Their 50% share = RM 5million for the 1st year. If taking account of other projects like PROTON-DRB, earning will increase by few times. Good lo for the company…I foresee MPay to be another ace market GEM soon!

Also, the China B-TO-B MOU is still in progress since 2012. Discussion ending soon? Wahhh, once the China-Malaysia e-commerce platform comes online, wahhh….sure can become juggernaut to compete with IRIS…kekekeke

Wah, battle between the juggernauts…Exciting !!

It's now the competition between M-Pay vs. Iris.

Just watch solution, itroniic, mnc...all with Kwok's MIDAS touch!

Most of all, CYBERT before he dumps his share...;)

Step6978, from my sifu's tip....it can shoot very high because Kwok is in the counter. Now he told me Kwok always raid company then let go...

This time if he can be friend with Dato and make things workout for good...will be the best for all of us..:)

Honestly, if you look back archive section...this is just no more than a small potato lawsuit that i think with slim winning chances. It will definitely take years to get a ruling & even if thr plantiff wins, i am not sure the compensation is going to be what they filed for...perhaps less that 10%. ;)

I brlieve my sifu's tip...his Maica (before cny) was really chun! Now Iris (today)...next Tiger;) see my post this morning...

I bought small amount of Iris today...see, very chun oh!! He ask.me to buy tiger and so accumulated some...cheaper. Should have hantam more iris today..

I am sure tiger will come...his tips quite chun;) good luck !!! Earn big angpow...huat huat huat!!!

Step6978, the news i got from my sifu..he gave me info about maica anf iris that it will shoot up..very chun!!

Now he told me to accumulate tiger coz rumoured CK bought small amount..i believe him. Sure chun one. Good luck yeah..

News: Christian Kwok just entered Tiger..rumored that he acquired 2-3 million shares.

Hope he can accumulate more..then it will fly fly fly!!

Get ready...;)

I agree with some of you..they only use their nuts when they think!

It's 2013 !! So MOVE ON !! What's the harm by letting the ashes being brought across the border??

I see 2 choices:

1) Forget and just let the ashes come home. Case closed !! Any harm?? No harm done..ashes are not radioactive!! :)

Or else...

2) Severe ties with CHINA (the world's 2nd largest economy), VIETNAM (ASEAN member), CUBA (A Marxist-Leninist state). Why do business with the communist when you hate them sooooo much!! According to the newspapers, CP was acting as CN's proxy right? Again, it's 2013...so MOVE ON !!!

This explains to us the reason we always associate our politicians as 'shallow thinkers'...sad!!!

Downtrend to 3-5 cts again soon. Shareholders selling big time...as seen by selling by Goh and Heng from Novatige. I definitely dun believe in a reverse takeover cos if so, novatige WILL NOT be selling. Just my guess..ur choice to evaluate guys.

is this another example pump and dump case? They are undergoing par value reduction and the fact that this company is worth only a mere 4 cts. Most importantly, we will never know how much losses they will incur for their FOREIGN CLEANING operation business this year. Last year, more than 6 Millions!! We can only know by 21/09/2013 again loss or profit...read their circular on par value reduction especially on their outlook on foreign operations with respect to their cleaning business.

And why Naga bought in?? Star said reverse takeover?? And reverse takeover only buy 18million shares (5% only)?? And hibiscus is still a losing money spac.

I wm fully out! I am going for mpay and dvm.good luck for those holding. I sense will continue d

anbz, can you stop the crap posting here and there promoting your Novamsc? Come on...if you want to write about Nova, go back to Nova...stop mucking around here and there please!!! And stop writing politics here and there..linking politics with stocks. This is not a political forum friend and cut the crap speculating on the next PM bla bla bla with money machine and your obermeyer bla bla taking over..you can easily hit legal complications my friend. Understand?

I think resistance is definitely inline now at 0.205 with UMA query. Now it depends on whether they have enough funds to keep buying up the shares as the major shareholders only collectively hold 100 million shares. Question is at 0.205, with 250 million shares in the market, they will need RM50million to buy up the company lor...they got 50 million?

When traders sell, sure avalanche...mampus. But overall, good tactic..they sure know how to cook up a story with ONE savvy investor investing in this company. Seemingly, the reporter share the same surname as this woman buying up company..Any relationship between them?? :D

Hi Nalla, your analysis sounds reasonable. This counter was sleeping for the past years and as soon as the company have huge losses and par value reduction, the shares starts going up and lots of shareholders come. Is she trying to use her name as the grand-daughter and connections as a member of TCMH to prop up her husband's company? And is she in for long term or just to.......Let's hope price stays or else this TCMH will also be dragged in to the story. I am still waiting to get rid of my 200K shares...as of now, pricey lesson, praying hard..:S

Nalla, from my experience to clean oil spill is not easy. The most important is that the slick must not break up or else will be very problematic. Normally, cleaners will deploy floats to contain the slick and use vessels to suck up all the oil. Once break up or reach the shores, then will have big environmental issue and cleaning will be problematic.

Nalla, company cleaning is for equipment (using ultrasonic or solvent based type cleaning) and cannot use for oil cleaning. These cleaning applications for equipments cleaning only. I know this because I oso work in oil and gas company related to oil rig business in SG. Only a few certified oil spill cleaning companies with large vessels to skim oil from surface can do the job and involve companies using sorbents. Both suck up oil from the surface of the sea..

Nalla, vinvin..try to not speculate whether they are trying to pump and dump or trash and cash. Either case is against BM regulation one. Agree? I oso see that the company is proposing par value reduction wor and 1 shareholder already sold 20M shares. And the new shareholder with 6.72% is also the spouse of exec. chairman/exec. director..they are connected loh!!

Just to let u know, I bought 200k for 0.135 and deciding whether to average down or not. News very confusing and contradicting..I can only hold on to my paper loss now..:'(

vinvin, I was reading star business on flonic. Then at the bottom of article, you can see IN THIS ARTICLE newsflash...so just copy loh. No offense..these are all from STAR business. Don't intend to confuse anybody here. :)

27 Jul
Something brewing in Flonic?
24 Jul
Tan increases stake in Flonic
05 Mar
IRM to be suspended this Friday
05 Mar
IRM sees RM4.29m erased from market cap, tumbles to all-time ...
26 Feb
IRM Group's shares continue to fall

anbz, if you ask me choose nova or dvm...I will take dvm. Just my feeling that it will uptrend one day...because of the projects and potential break out with big business.

I just bought some on friday...planning to hold. Any good news guys? Rising sun?

We cannot outsmart the market but we can definitely be 100% sure whether to put more money in by reviewing history...(read article).

IRM sees RM4.29m erased from market cap, tumbles to all-time low

JOSEPH CHIN

KUALA LUMPUR: Shares of plastics manufacturer IRM Group Bhd saw RM4.29mil erased from its market capitalisation over the past 1 1/2 weeks as it sank to all-time low of 7.5 sen on Tuesday.

It was on Feb 21 that its share price rallied to 40.5 sen on news about the entry of a new major shareholder.

This saw its market capitalisation hit RM5.265mil based on its paid-up of 130 million shares. However, at 7.5 sen on Tuesday, the market cap plunged to RM975,000.

To recap, the news that drove the share price was the emergence of new shareholder Tan Siew Ching. The 43-year-old Tan had bought a 13.83% stake comprising 17.97 million shares at 12.5 sen each in an off-market transaction on Feb 13.

Tan was understood to be the granddaughter of the lateTan Sri Tan Yuet Foh, the founder of Tan Chong Motors Holdings Bhd.

Unfortunately, IRM's share price has plunged on news that a subsidiary defaulted on a loan.

IRM said the default by Industrial Resin (Malaysia) Sdn Bhd was because of its inability to generate sufficient cashflow due to low volume of operations following limited financial facility from banks.

This was further aggravated by the company's announcement on Monday that it had failed to submit its fourth quarter report for the financial period ended Dec 31, 2012. This could see it being suspended on Friday.

Bursa Malaysia Securities said IRM Group failed to submit the results for public release within the stipulated timeframe pursuant to Paragraph 9.22(1) of Bursa Securities' Main Market Listing Requirements.

It added if a listed issuer fails to issue the outstanding financial statements within five market days after the expiry of the relevant timeframes, it would suspend the trading in the securities.

"The suspension shall be effected on the next market day after the suspension deadline," it said, adding trading in the company's shares would be suspended from 9am on Friday until further notice.

(from star business)
Something brewing in Flonic?

BY YVONNE TAN
YVONNE@THESTAR.COM.MY

Nagendran is known to be a savvy investor.
THE potential emergence of a couple of high-profile shareholders in smallish, loss-making Flonic Hi-Tech Bhd is bound to pique investor interest in the weeks to come.

So far, the manufacturer of critical and precision cleaning systems for various industries has announced that Tan Siew Ching who is the granddaughter of the late Tan Sri Tan Yuet Foh - founder of Tan Chong Motors Holdings Bhd - has increased her stake in the company to a substantial 6.72%.

Tan bought 10 million shares at 10 sen each on July 15 and another 7 million shares at 10.5 sen each a day later, pushing her small stake in the firm to that percentage.

Is this a coincidence? Reporter and shareholder share same surname??

Wiliam, I read the news and seems a mismatch and very strange...

Page 5 in the circular to shareholders (Flonic on 3/7/2013) says 7-11 project from august - dec. 2013 for RM4 million only. Flonic share in Jiwa is 30%.

Most promising profit margin after subtracting all material, labour costs... (50%) will make RM2 million. Flonic with 30% share will make 600K only right? Reasonable?

Buy why the reporter cook up such story of 3 yrs + 3 yrs (optional)...so strange??

entered today, hope not too late. Stephen, me too hoping no UMA query...fingers crossed;)

I think now everyone waiting for SONA oledi..so hot these days. In the news everywhere. That's why people selling high and buy SONA cheap cheap...;)

want to get in but scared UMA. Once UMA, share will free fall..coz company losing a lot of money.

I am waiting for SONA better.

Yeah...well, seems like GS is increasing their stake!!

Harvard, what do you mean by RC name? I have another question, are you sure Severin is goldman sach client ar??

Hi anbz, did you hear anyone by the name of Severin? He is from US but went to Brazil and now SG. He is from IT industry and top richest. If you find anything, let me know..:)

But no worries, my friends telling me a few weeks ago that a SG tycoon is interested because of good growth prospect. This guy built his empire from the IT industry and he also has a few IT startups, suits the cup of tea by entering DVM.

When he comes, I think the share will rise HOT !! ;)

Hi anbz,

I think the % shareholding is the same. No change except for the number of shares held by GMS for the rights subscription. Total shares approximately 42 million over 580 million total. So less than 10% shareholding. Their earlier entry price (for previous 14 million shares) is about 8.5 - 9.5 cts. Seems like they are now at a loss..