at what price would u guys sell sumatec?

looks like hevea has stabilized a bit. not a buy or sell call here.

calvintaneng, i think u still dont get it. im not looking at the price at the moment. im looking at the future. PE or NTA is not that important to me right now.

actually there is no need to look at the charts for this counter. just look at the future growth as well as its fundamentals. I don't really think this counter is deeply undervalue, but take note of the end of Jan'14, as they are going to acquire full control of E-pay. with that, the PE of the company will be lower and nta boosted.

however, if the price of the share has fallen below your cost and u're making a loss, do not fret, but have faith and hold it at least till the final quarter results is out, which is feb'14.

My cost is approx 0.77, in which after i bought it went up to 0.84. however, i did not sell it and subsequently it plunged to 0.67 and then it went back up to highest of 0.84. and now it plunged to 0.74 again. despite all these roller coaster ride, i'm holding it tight as i know it will move up above 0.80 again and will breach 1.00 in no time when all the good news released.

itbp wad was ur entry price? why unload so early?

Despite good news today, the price is still going down. Is the overall market sentiment so bad?

Despite today's big market sell-off, instacom didn't drop.

These few days seems like profit taking for overall market. If you're interested in CENSOF for its bright future growth, I would suggest you to take the opportunity to wait for full correction and then only purchase it. I would suggest to buy when it closes green.

The reason for the drop is not due to what the MD says. Cmon, let's be more realistic. If it's because of the MD do u think it'll just drop 1 cent?

Its the overall market today is weak as people are in profit taking mode. Even GHLSYS dropped 2 cents today without any reason.

Stephenchuah, I foresee this counter has reached the bottom already. it has stayed at this price for a long time, and recently edged up a little. Even if it fell sumore, i'm not worried about it as i'm going long on this counter.

To me, the opportunity is there just glaring at my face. Instaco being sold down so heavily due to what? Directors selling their warrants. And this happened to so many companies where directors immediately sell off their free warrants just to make some small profits. And speculators punished this company so badly for such a small issue.

At this price, the company is deeply undevalued as compared to its rival OCK. If this is not the right time to add in more shares to Instaco, I really don't know when. Probably people will only panic buy when they see this counter fly higher after it switched to Mainboard.

Everyone knows what calvintaneng is famous for. he always attacked companies for no reason. u can see him being shunned in hohup forum as he's attacking tat company as well. even kcchongnz shunned him. So, please don't listen to him.

Thanks greenday, happy investing.

No one can predict the future. If one tells u tat u can get at 0.25 u better view it with discretion. When price is already cheap, people want to wait for it to be cheaper, resulting them to buy in panic when the price moves higher. Have a clear mind and objective.

If they can find a way to synergize with TIME and get contracts from most of the gov for the GST accounting software (which they will most prob soon, as their price is 1/3 of foreign softwares), CENSOF is going to be another PRESBHD and DSONIC.

We are looking at GHLSYS for the long-term, with so much room to grow with cashless transaction slowly becoming rampant. With that Maybank expect GHLSYS be a major beneficiary as electronic payment transactions are expected to surge 10-fold (100% every year) from 1.2bn currently to 12.0bn transactions per year by 2020.

If you're a short-term investor, u can forget about holding this stock. This is only for long-term investor with at least 1 year holding period.

Sure calvin. We'll let earnings justify. Cheers!

calvinteng, as u're aware, once ghlsys' q4 results are out u will notice consolidation with epay will reduce the PE and increase the nta. so ur analysis is quite flawed. not to mention the synergistic benefit tat ghlsys and epay will benefit from it.

simon loh, the biggest shareholder of epay bought it at a premium to inject it into ghlsys, in which simon is also one of the largest shareholder of ghlsys. if he does not hv confidence in the company's future wad makes u think he would do tat?

This counter has been at accumulation stage for too long time. Any small good news for this counter is definitely going to show much in the price.

Lol, YiStock, 700lots wont get u bmw... 7,000lots then maybe yes hahah. Jokes asides, I've been eyeing instaco-wb for a very long time and i plan to buy more. looking at recent days, the volume is getting bigger n bigger. maybe something is brewing... hmm

results will be out by end of jan'14. we'll see by then. holders keep holding, sellers keep selling as we only want firm holders to be in this counter.

I felt a bit weird of him during the BFM interview this morning too. But that's not going to make me sell the company, as Bobby31 said all his existing Gov customers will almost surely upgrade the GST software with CENSOF according ot him, thus the revenue from there is going to be crazy huge. This company is the same as MYEG which also, only has government customers, and just look at how much it has appreciated in the past 1 year.

My strategy is to offload when the announcement of Petronas RSC contract be made. As I've noticed in this counter, there is very minimal downward price movement, but always moving higher.

At this rate of selling, would it be best way for capital preservation by cutting loss or taking a smaller profit? If this counter is fundamentally strong (with minimal debts), I would consider a HOLD position. Otherwise, I don't see why to HOLD based on such grounds, where it's only going to erode the capital more.

Don't blame anyone for your losses. However, just to take note that now US and Asia is being hit hard in equities due to poor job numbers in the US. I foresee heavy selling in M'sia stocks as well, so unless u guys can brace for another round of selloff, it'll be very challenging times ahead on whether to cut loss on Hevea 2mr when the market opens.

Touch N Go is one of GHL's main customer. http://www.theedgemalaysia.com/first/248154-highlight-ghl-systems-on-sound-financial-footing-.html

If Touch N Go were to implement cashless transaction on its tolls, GHL is no doubt the biggest beneficiary

I personally think this counter will be shooting up in a few days. Same like companies such as Iris, Destini, etc... Have a feeling big sharks are picking off petty counters for wild speculation. Just my 2 cents.

Same here, Govin. I will not do rotational play for this counter by selling up and buying down as I don't want to get caught halfway when there is a huge announcement. It's for long-term hold. Hold and hold and keep accumulating when the price corrects downwards.

Cardless ATM, Cashless tolls (using smartags and touch n go cards) all will benefit GHLSYS significantly. I foresee this to be another MYEG and DSONIC.

It's a type of convertible bond, in which the RCN can be converted into shares upon maturity. It's one of Censof's method of financing.

Don't give TP without backing of facts. Eventhough I hold this stock, I will not put unrealistic TP to this counter to entice ppl to buy. Based on research analysts, TP is approx RM1.24 (highest I've seen I think).

speakup please go sbc for sbc corp thanks

Thanks Stevecheahsw, will take note into that. I love how all the forumers in Instaco are, all well-educated, helpful and respectful towards one another. Unlike other counters like Sumatec where everyone will curse one another haha

I'm also invested in this counter, with average price of 0.275. However, right now I'm not sure to get into warrants or the mother.

To explain why its moving up today, its not due to expected award from Petronas but actually they already won a contract from Myanmar.

http://my.news.yahoo.com/scomi-bags-2-deals-worth-rm90m-155216117.html

This is gonna be a super bullrun for SCOMIES.

If what they said is true, 20% increase monthly, will generate revenue of RM210 million just from user subscription alone (500,000 x RM35/user x 12 months = RM210m ). But the number of months should be lower if 500,000 users can only be achieved by end of this year. Nonetheless, based on this calculation, it looks appealing.

This stock needs a major catalyst in order to push to higher than now, probably setting new highs around RM0.70 in near term. Catalysts such as new contracts from corporate clients or from governments. They need to find a way to synergise with TIME to deliver cross-selling products, such as GST softwares, e-payments applications, OBB softwares, etc

If looking at future value, it is considered reasonable due to influx of new businesses. Hong Leong put a TP of RM2.60 if I'm not mistaken.

Price is still cheap now. Can buy in more I believe. BUY BUY BUY!!!

Typo, "...as the counter is not liquid enough to absorb..."

I find it funny to those who thinks that Vincent Tan, a large shareholder of Redtone will just dump his shares because Redtone failed the bid. Firstly , he would lose a lot of money doing so, as the counter is liquid enough to absorb all his shares and 2nd, Redtone has just turnaround and there are so many potential projects ahead in this year. In fact, VT once said he regretted selling his Digi shares too early when he was a major shareholder too, resulting in him missing out in billions of profits more.

If you want to scare ppl away to pick this counter at lower price, save it. I'm sure firm holders of this stock will benefit in the end.

kenlfo, u have a point there. on top of that, the management has been actively buying back shares from the market, reducing the float in the market. i believe today management is also buying back the shares, collecting them at a low price. we shall be able to see this during closing at bursa announcements.

They are also tendering for infrastructure jobs in East Malaysia as well as competing for jobs in building telco towers and Gov's HSBB project in East Msia. On top of that, their transfer to Main Market would attract more institutional and foreign investors, as the company is a successful turnaround company at cheap valuation now with high ROE and huge room for growth. Can buy on weakness now as we expect quarter result to improve further.

I would not tell others to buy out of the blue. But based on facts and figures, Redtone is a successful turnaround story. Also, Redtone has a huge chance to clinch the DTTB project with partnership of Huawei and a German media firm, as well as partnership with Sultan Johor by selling 50% of Redtone Media stake to him. Price-wise, looks very cheap and undervalued. This counter is for patient investors who can wait for the announcement of DTTB project.

This counter will have a much lower PE when it recognises EPAY's contribution in the final quarter (dec'13) figures, to approximately PE 12. Synergistic benefits will also be expected from EPAY's wide customer base overseas. Q4 results would be interesting.

This Custom's GST CSTM system is totally different from what Censof has to offer. Censof is offering accounting systems while CSTM is a software to monitor point of sales terminals. Please do not get confused by both applications. Happy trading!

http://www.theedgemalaysia.com/business-news/270395-stocks-to-watch-mah-sing-mmc-iq-group-top-glove-brahims-myeg-uoa-mtd-acpi.html

MMC secured 5 year umbrella contract from Petronas.

http://www.btimes.com.my/Current_News/BTIMES/articles/06MAYBANK/Article/index_html

Hopefully this will benefit GHLSYS as more cardless transactions and cheque-less transactions are being implemented.

Just to provide my insights for my stock picks to share with forumers:

1) CENSOF - Mainly due to GST implementation, with 80++ gov + corporate clients in which they can capitalize to provide GST softwares. Acquisition of TIME also creates huge synergy especially for Dagang.Net. RM300m tender for contract in Philippines. Price have also reduced quite a bit from its high.

2)GHLSYS - Huge growth potential as Bank Negara intends to promote electronic based payment.Untapped potential in debit card usage in ASEAN. Management plans to create more source of income which is recurring in nature. Price have also reduced quite a bit from its high.

3) INSTACO - Trading at extremely deep discount. Low PE, high ROE. Recent budget to build 1,000++ telco towers in East Malaysia. Only 2 major players in this field, OCK and INSTACO, in which I believe both will get sizeable contracts. OCK has already went up a lot.

4) REDTONE - Trading at quite an attractive price. Turnaround company with bright future. Reason of purchase would be due to high chances of winning DTTB project, with partners like Huawei, PwC and Media Broadcast GmBH (successful German corporation). Redtone sold some subsi's shares to Sultan of Johor.

5) CYPARK - Huge potential in Renewable Energy. Percentage of billing revenue goes to RE from 1% to 1.6% in TNB bills.

6) YOCB - Trading at attractive price. Sustainable growth and will increase productivity capacity by 2015 with new factory built.

7) SCOMIES - Only O&G industry pick which provides Drilling Waste Management business in the O&G stream, in which is quite niche in Msia (SCOMIES - 50% market share in DWM). O&G has been saturated with many players with OSVs and its proper to look at O&G companies which does a different form of biz other than OSVs, FSPOs, etc (although SCOMIES also does OSV business).

My explanation is quite brief as I expect readers to further check with Google on specifics as well as to confirm my information.

Happy reading and I look forward to professional comments/insights from you all.

Hi Tan KW, hopefully you can take the trouble to include me as well. If the deadline is over, its okay =) . My pick is based on 2 Jan 2014. Any price u use would be fine, if exceed, just reduce from INSTACO.

My picks are:

Censof X 20000 (0.55)
GHLSYS X 20000(0.725)
INSTACO X 47000 (0.26)
REDTONE X 30000 (0.665)
CYPARK X 10000 (2.45)
YOCB X 10000 (0.935)
SCOMIES X 10000 (0.8)

Thanks a lot!