I think if we look at this analytically, the CEO has been acquiring the shares of this company since end of last month, with heavy purchases. It is no doubt something is brewing with this company. The CEO was initially holding only 20m shares, and now approx 210m ++ shares (including rights issues), making him the single largest shareholder.

I believe he wants to treat NN as his major holdings and intending to expand this business professionally, rather just solely focusing on trading by buying and selling shares, like what he used to do to other companies like Protasco, Ire-tex, etc. On the acquisition, if it succeeds, this share should be trading higher than its NTA, at least RM 0.20++

Honestly I dont have any idea what is the TP for this counter. Does dsonic, iris and knm have a tp? I dont think so, it only moves one direction. If acquisition goes through, 0.22 is achievable given the fact nta is around 0.11.

I have a feeling the acquisition will be fast. Why? Because acquisition plans can't drag as both parties want to come into a conclusion fast, as they do not want to waste so much time and resources. As long as both parties agrees, the news will be out immediately and details will come in later. (Of course, the details will take long to draft by investment bankers and audit by auditors, but what is important is the news is out).

Just take a look at Minetech, is the news of inking in partnership fast? It happened in days after rumours were out.

What I can tell is, it is just yes or no answer, and i'm sure it'll be out in a few days as i'm from this industry. I know how the system works. This acquisition does not look complex to me at all and terms would be much simpler to negotiate. Question is, are you confident in the acquisition talks going through or not? Personally, I have confidence in it going through, and I will monitor this stock closely. Once it hits my buying target price of around 0.11 to 0.12, I will pound in big.

I've been holding this stock for months. Bought huge quantities of warrants and mother shares, but warrants > mother.

I have to admit it really tested my patience. But I still believe in holding a counter long-term. I have small funds abt 18% for short-term trading though.

May selldown further if there is no news on the acquisition. This is not something like Iris, KNM, where there are news coming in.

I expected the fall to happen today. Am waiting for better bargains

Risk Trader, your claims telling people not to worry because its under Robert Tan and confirming the price will sure fly tomorrow indicates that you can somehow predict the future. Looking confident there, haha.

Redtone's marketing seems to be very aggressive now. They have a total of 4 tv commercials. One of them is this one: http://www.youtube.com/watch?v=NhZAB1kxkM0

And just opened 2 stores in Miri and Melaka:

https://www.facebook.com/RED1Mobile/photos/a.586534074763442.1073741837.299365103480342/586534234763426/?type=1&stream_ref=10

https://www.facebook.com/RED1Mobile/photos/a.586534074763442.1073741837.299365103480342/586817111401805/?type=1&stream_ref=10

Haha risk trader, if im not mistaken Asset Management is more for long-term play. Propriety trading, meanwhile is something faster, selling and buying at the same time and cornering the market, stuff like tat. Anyways, full time share trading is kinda fun.

Risk Trader, I respect your views as you're an expert in TA. We shall see on Monday morning the performance. Up or down, it will be beneficial or disadvantageous to two different groups of people with different objectives.

Two views. If you have confidence the company will turnaround, 0.15 or 0.16 is nothing, as it will be unstoppable like Iris and KNM.

However, if u're making for a quick kill, better read up now on PDZ and their financials to see if the company is worth holding. Its like a poker game, where u want to wait till the last card to be shown and u're willing to risk some money.

Any selldown would be temporary but may seem damaging to many. For those having faith in the company or those entered at lower price, why not just hold and see the last card?

Honestly, I have a feeling it will fall, but it wont fall that much. Just that if it falls that much, its very obvious its a good buy. Why? Because it falls so much (if) due to merely a minor news on denying talks with Efogen. That news didn't even give much boost to the share price on Friday. And PDZ actually confirmed talks are still ongoing with the original company (not Efogen), as they claimed further developments will be announced in Bursa promptly.

So, I don't really see a big deal to that so-called negative news. How the market perceives it emotionally will be beneficial for others at sidelines waiting to enter this counter cheaply.

Ikf0512, if u placed your queue at 0.26 like what i mentioned, u would have gotten it alrdy.

This counter is still cheap to buy. May buy more if it stays around 0.26. The longer it stays at this price, the faster it will shoot up if there is any catalysts. This counter was a darling among investors and could potentially moved up to 0.5, but due to selldown from directors on the warrants, it scared every1 away, coupled with changed in auditors.

Now that all these issues had been left behind, I don't foresee why it should not move back up to pre-Budget levels.

Risk Trader, yes your strategy is fine and should be no problem. But just to caution those that intends to hop in, to be aware of a shake-up and just be patient and wait till the prices stabilize for a few days(if there is a massive sell-down) and not to immediately buy in where there is a gap-down.

Like I said, this counter is for long-term. It went up to 0.80++ at one time and then fell to lowest of 0.5++. I think that shook a lot of investors away and recently it was hovering ard 0.6++ and shook even more investors away. For those still holding, I salute your holding power and hopefully all of us will be rewarded.

rauffan raulla, holding power or not depends on the sharks out there. brace for some short-term sell-off by the sharks to shake off contra-players, small retailers looking to make a quick profit. selldown may last for a few days. in the end, the future of this company really depends on the acquisition news.

zylkron, don't put in your own TP please because its not determined by you, but the market. tat'll only mislead inexperienced investors to fall into the trap. i personally believe (not advising) there will some short-term panic on monday, by sharks to scare-off contra players. these people would at the mercy of sharks. just be careful not to buy in 2mr even if it gaps down. let it the panic to subside for several days first before making a decision. counters like these can be quite dangerous if there is no proper safety margin.

ultimately, the future for pdz would probably be saved for i dont see robert tan leaving its cash idling in pdz without doing anything. but the trick here is to perfect our entry price via this potential short-term panic.

Hi Mr. Koon, I admire your philosophies in investing and most of all, being a contrarian than the rest. I believe speculating is a dangerous game as we have no idea who are the big guys behind to push up or down prices and as small retailers, we're at the mercy of these people.

All I want to say is, my view for fundamental analysis remains intact. No doubt, I must admit I do some trading using small funds, in which I'm trying hard to stop. However, contrarian investing is another difficult skill to learn and it requires sharp foresight as well as being patience and not easily influenced by macro factors and voices of people.

To sum it up, I'm a small retail investor here trying to polish my skills in investing. Would love to attend the seminar but due to a clash with another occasion, I was unable to attend. Hopefully, we can meet up one day and I would be grateful to hear more of your interesting stories that you can share to the younger generations.

sorry correction, its approx 100mil shares to 300mil shares.

thlim123, with everyone doing that, tat'll make the price more attractive.

CityTrader, i've observed this counter in the sidelines (as i may consider buying it soon) and if u notice, this counter's volume starts to become exceptionally high after last saturday's news on PDZ and Robert tan. It has been trading at about 0.12, with moderate volume (moderate in this sense means ard 30mil shares, and tuesday onwards, its approx 100++mil shares - 600mil shares).

this means, sharks' average cost per share is approx 0.12 - 0.14. if on monday, it falls below 0.14, sharks may already be making losses. in conclusion, i agree with u it may not fall 0.14, but if did, its real market panic and we may wait longer to collect it lower. In other words, i will not commit much on monday until i see a major breakdown in the price to take advantage of this opportunistic short-term panic.

its trading at quite low a price now. may want to add more to my portfolio.

personally have a feeling the this counter will surge higher after today's news that Tan Sri Quek may became a major shareholder of SCOMIES through off-market purchase. http://www.thestar.com.my/Business/Business-News/2014/02/15/Quek-buys-block-in-Scomi-Energy-This-would-make-him-its-2nd-largest-shareholder/

Personally I have not bought this counter. However, i have a feeling sharks will sell down the company to shake off small investors and they may collect again at low price. One thing however, PDZ did in fact confirmed ongoing talks on negotiation with acquiring a company. So technically, PDZ is merely denying it did not negotiate with efogen, but it did not deny talks with the original o&g company. So what we can do here is to wait for sharks to selldown this counter for a few days, then we go in and buy the counter. For I know one thing, Robert tan won't let PDZ fall, and one day or another PDZ needs a new business or else robert's money will be stucked in pdz forever.

Guys, if u like the business, hold on to this stock. Don't be intimidated by macro factors or panic in the market. I recently made a mistake selling off SCOMIES too early, resulting in lower profits by another 10%. However, that fund of mine is for short-term trading, and I can never foresee sharks trying to push up the counter.

This counter, we can try to stay long and run with it.

whether fall or not doesnt matter. coz they are denying news that didnt even make the share price shoot up. irs not like the news are saying they alredy acquired eforgen. so i dont see any impact on monday really. if price drop, its so obvious sharks want to make u guys panic.

those holding, i suggest u guys to continue holding. there could be insider news, that SCOMIES had already obtain the RSC contract thats why insiders pushed them up.

but for those not holding SCOMIES but want to buy in now, probably u guys can weigh the advantages and disadvantages first. no right or wrong to enter at this point of time since the counter made a strong breakout, which would lead the counter to move higher based on technical analysis.

good luck.

smalltimer, what censof is running for and what iris and mpay are running for, are two different things. hope u get it =)

Many good news for GHLSYS recently, with BNM promoting use to e-payments. We see news like these almost everyday. No doubt these will benefit GHLSYS sginificantly. Personally, I just like the business of the company. Based on the simple business concepts, would it be another Prestariang Bhd, Dsonic? Time will tell, I guess.

No point speculating. To go up or down depends on the sharks in short-term. To go up or down in the long-term, it'll depend on whether they can successfully make a deal with the China oil-based company and Petronas. Simple as that.

dailyblessings, its best not to influence anyone with your own strategy. both TA and FA have pros and cons. maybe u should tell warren buffet to try trading...

Ikf0512, I suggest you to put your queues in at 0.26. Trust me, you will may get it in a day or two as I've observed this counter long enough. It usually trades 0.255 - 0.265, rarely 0.25. If the overall market is slightly bad, you may get it at 0.255.

Scomies is no doubt a good counter to invest, but I've decided to do trading on this counter due to its high fluctuations of approx +/- 10%. When opportunity is right, I will get back in.

Those looking for fast pace and short-term gain, please head to PDZ, KNM and Iris forums. Censof is for those who can wait until the catalyst of GST happens, that being award of contracts from the Gov-linked companies. Keyword here, until the catalysts happens. Therefore, those that can't even wait for a few months, can put their money elsewhere.

I;ve always had faith in this counter. I like simple and clean business with steady growth, and this is one of them. Prolly soon, they might even give good dividends since they are quite cash rich now.

its always the case where when the price is at low price people won't buy it. until the price has surged, people starts to pay interests in it. and people are complaining why is it so difficult to catch stocks at its low.

greenday, i would recommend to collect while the share price is low. I can't really tell when this counter will surge, as I can't predict the future. It can happen anytime, so my principle is to always buy when there is no news and the counter is at deep discount. Or even better, when there is news but the counter is still trading at discount, like now. From my investment experience, patience always pays off, provided u invested in fundamentally strong companies at discounted prices.

hueyyng27, I fully agree with your investment philosophy. Good to hear that you're in the same ship as us in ghlsys. Let's give the counter some time to proof itself to us. Let's wait and see what's next after the acquisition of epay.

As an advocate, I think I'm responsible to let u guys know that I have disposed off all Scomies shares at 0.91 today for some short-term gain. Will plow back the money into it when price is reasonable again.

Left out Scomi Energy

Usually people complain they sold too early because they can't wait. Of course, its up to you to sell or not. Just that sometimes, once u sold this and bought another share to only found out this counter starts moving, it might hard 2 liquidate your current shares to buy back this one.

Just so that you guys know, Giant now allows ATM cards for purchases, in collaboration with Myclear. And what is interesting here is that GHLSYS is approved by Myclear to hire merchants.

Source: http://www.myclear.org.my/press_release/giant-launches-e-debit-convenience/

Why sigh? This counter is not for short-term punt and it takes its time to move up, like Iris, KNM, Minetec where it took them quite some time to move.

Congrats to those who bought this during the dip few weeks back. Now would have made a sizeable 10% easily or slightly more. But hold tight as quarter results will be out soon, and acquisition of Epay has just been approved.

Redtone's foray into the Chinese market is basically to tap into the voice business. I'm sure Redtone's management have done sufficient due dilegence before hopping into it. China is a huge market (due to large population) waiting to be tapped further and I'm pretty sure it will greatly benefit Redtone. There are so many provinces in China that have low network connectivity and I have a feeling Redtone is looking into these areas.

Thanks, kerengga, I read that this morning.

Katani17: But don't think there is any new contracts today.

Anyways, hold strong and happy investing.

which source tells u they secured new contract?

I'm holding approximately 400 lots at average price of 0.303 and, DreamHunter, I have only one question for u.

Out of so many stocks in Bursa, there are some counters with growth potential, some in the midst of turnarond (like Sumatec) and some already turnaround but still pretty undervalued.

But what makes you aggressively buy this particulat counter, (no need to tell the facts, which is publicly available), despite the other counters? What is your gut feeling that causes you to choose this counter?

Let me share my thought process, indeed, Sumatec caught my eye quite long ago, and I purchased it particularly because its still in PN17 but dare not put too much money into it as psychologically, its still PN17. 2bh, this is one of the most risky counter but I did some research on it. It seems a viable purchase with all the risks considered.

Haha, greenday, true I wanted to top up 0.665 but ran out of bullets at that moment. But it's okay, since we're looking for a longer term gain, not short-term, the 10 cents won't make much difference. Neither would it bring down much of my average price, at least.

This counter is another one of those "sleeping" counters with good fundamentals, waiting for a burst catalyst, like Minetech, Iris, etc. Best to hold counters like this when its still cheap, as there are many catalysts in the making. For instance, it just acquired a Chinese telecommunications company. We shall wait and see what are the developments from there. Seems positive if the Company keeps buying its own shares, including its MD and CEO.

I think what's important is to look at the potential future growth of the company. Do you think cashless transactions are the trend foir the future? If you think it is, pick the best player in the market, in which currently is GHLSYS and stay with it. Whether you bought it 20 - 25 cents more expensive than the previous low is not important anymore as you're out there looking for bigger gains.

I advise all investors (not speculators) of this counter to hold until the impact of GST is seen. I'm from the finance industry and I'm well aware companies now are all rushing n panicking over the implementation of GST in coming April 2015. Systems need to be finalized much earlier than April 2015, as they need to test run them in order it will function in an orderly manner, which only gives them about less than 8 months to get everything done.

The Gov, meanwhile have to show a good example to the public, practicing what it preaches by starting to use GST applications much earlier, in their accounting softwares. Therefore, the implementation from the Gov would be very much earlier than commercial.

All in all, what I could advise is to hold this counter slightly more, and who knows, the gains could be beyond your expectations. I'm not promoting to buy or sell, just a piece of advise from me, as I'm in this line of business.