The closing was very positive.

WL (BVI) was recently acquired for this purpose:
-- to provide WillowglenMSC with a dormant company intended for the undertaking of future expansion in relation to its business.
Interesting? Anyone can give an insight?

I think a decisive push across 95cts will drive prices much higher.
There is reason for that to happen considering so much cash available for M&A - in fact prospecting for a global company ( Edge article a couple of weeks back; link available above ) - as well as tendering for projects with Petronas (RAPID), pretty decent profits and a promise of more than 2cts divd this year.

is it coming?....so much buying @ 90 I haven't seen in a long time. Anything happening?

According to Edge, Khazanah's offer was discussed by its writers.They said that simply put, it was "accept the 27cts or get nothing".
I thot you guys might like to know some other thinking out there.

chy72, follow reccka's suggestion. Put in a stop. I think there are people here who could help out. My stop was 27 cts. and I cut off at 26.5/ Your next stop should be
24.25cts though anywhere above it is also a cut point. Taking a loss is a tough pill to swallow but take it. There is a saying in trading: cut your losses short and let your profits run. Wish you all well.

People, for Mpay, TRS is very significant. Therefore, there is time still to buy whereas, TRS is insignificant to Iris -revenue wise. From a Govt. viewpoint, I think growing Mpay is better than Iris as Iris is pretty well grown.

smrt? what's that?

ok kkms. Have a good weekend. Going out now.

Okay guys, I got stopped out @27cts. Cannot be helped. It is a trading discipline. Like Kukumanis said above, stay out if you have no shares in this counter. Otherwise, technical weakness has set in as a result of the heavy selling. However, should Mpay get the TRS (% is important), then a re-visit is encouraged.

sorry $2300, $300 for Nike shirt.

I just came back from ATM. Now got $2600 to wallop this counter.

just joking ufis...hope you don't mind

LoL > ufis...ufish

Noorgreen, pls read the posting a few posts above by madiba. You'll get an idea.

LOL @ ufis...only 2?

Madiba! You are a superstar! You have a big fan club and I personally learnt a lot from your postings. Truly. It is just so great you are back!

Bullbear777, can you see if you could obtain any links for us to ascertain certain parameters? I personally believe in your message but I am suggesting caution as a very normal course of matter. Do not take offense please.

Mpayians! I am not saying there is no truth. I am saying be careful. Plse check for some sort certainty in the quantity etc2 before charging in.
The charts do point to further upward prices but check first on the contract size etc2.

There is a better chance of an uptrend - "trend is your friend" as pple say, than otherwise. 3 scenarios - uptrend continues, sideways or down. I would go with the uptrend because we are in that. How else are you going to trade? Sell and wait until 21cts? There will be plenty of time to square the position if that is the case. I would stop out at 27cts. Or what? What if it is like now, when pxs are moving in the uptrend? Won't that be missed opportunity?

Wassup folks? Another push to cross 90cts would see much higher pxs than 95cts recently. Remember folks, this could be a reverse H&S in action and its potential is huge.

LOL>tksw

To think of Mpay losing 20 to 30% value from here would be to frighten your ownself to death for nothing. Even with below expectation results stocks have been known to carry on according to technicals which form the other part of overall analysis.

Anyway, given last 2 days price action, you can be hopeful the upward momentum will continue.

If Mpay gets the contract, then very good. Otherwise, they can now concentrate on their business besides the govt. ctr. Either way, it's ok. It is not some bad money losing stock. So cheer up! Massage your hearts a bit and breatheeeeeeeeeeee.

Do not lose heart Mpayians. Technically, Mpay is heading upwards not only because of the falling wedge formation which is bullish but also another formation: the cup and handle. This is an overall consolidation phase and the resolute will win out. Fact is prices do move up and down b4 hitting new highs. It takes time.

Mpay has broken out to the upside from the falling wedge. It suggests a continuation pattern if it was on an uptrend or a reversal pattern if it was otherwise. In either case, the trend has turned BULLISH.
Mpay is classified a technology stock and the above link to nst has AmInvest liking technology. Why they like LEDs I don't know but I can guess about software.

Don't know if this helps, but I thought it is worthy news .. Technology stocks..BUY!

http://www.nst.com.my/node/26575

Got news! Got news! Buy Technology stocks....read below
http://www.nst.com.my/node/26575?

Beethoven, fur elise in various forms

http://www.youtube.com/watch?v=vUxvoieB0fA

She bangs................. ricky martin

http://www.youtube.com/watch?v=eMNNDJ-zfKI

Grandpa!! LOL, Ayam? Ayam....? you remember me....?

LOL! Granpa borrows from bank, OD, lend to son....:D

zu1967's "kakakaka" is very influential!

waaaaaaaaaaaah, very restrictive lah A1.
Perhaps can consider borrowing from bank using margin but they lend at 50% for EAH ie. 1.5 times becomes 0.75 for instance. Must top up if the market goes against you a certain %. Suggest not to use margin unless you are pretty familiar at least. The comm. for margin is higher than the special rates online trading affords, giving a higher cost of entry.
In a sense, A1 is correct

LOL @ oldman1010, vision 1010....target prices wahhhhhhhhhhhhh!!

LOL>AT ....Ah huaT

The act of huat = huat; the person who huats = huater; the process of huat = huating
huat/huater/huating

rmkfac100812, I support! yEAH!

well said, BabyT!

yEAH! Ayam Tua forever!

LOL > tksw, jiaLAT

cherrynut, you must see a doctor. Don't Eat At H...

EAH: Eat At Hotel, clap! clap! clap!
EAH: Eat At Home.......? How ah?

unfinished nightmare? jiaLAT

jiaLAT, jiaLAT, jin jia jiaLAT!= half or more dead!

Charts work and this is evident - that's why there are charts. However, to swear a 100% by them would be foolish - as with any thing we cannot be too sure. Put a stop-loss to any trade you have made and stick to it.

It is possible the upside breakout could occur anytime.

In any case the highs are higher and the lows are higher lows suggesting a continuous uptrend.

A falling wedge rally....a bullish sign.