Sentiments improving. On Monday, Berjaya will rebound to 51 sen.

Thanks!

sy1226

Thanks but HLIB failed to mentioned what will happened to the WARRANTS holders of Reach if worse case scenario of not acquiring any asset within the time frame.

Will the Warrant holders get any share from the 71 cents cash ? THAT IS THE MOST IMPORTANT QUESTION TO ANSWER.

sy1226

What is the cash value of company now ?

It should be lower by now with all the expenses incurred and losses.

If cash per share is more than price of share, the major shareholders and funds would have bought up this share.

Support at 0.36. World markets bad. Continuous selling. Margin calls. some more downside to go.

Break 0.40. stock very Bad technically.

strong support 0.22

\

Read Star 11-10-2014 :

"One group that will benefit from the drop in oil prices and presumably the price of such assets are the oil-based special-purpose acquisition vehicles (SPACs). These cash companies looking for assets should theoretically be able to negotiate for better assets when trying to fulfil their listing requirements."

I read it to mean that SPAC like Reach Energy Bhd which has yet to invest in any assets, will benefit immensely from this as this cash company looking for assets should theoretically be able to negotiate for better assets when trying to fulfil their listing requirements.

Its share price will improve from next week,

Warrant consolidating for some time. Will rebound next week , Resistance 0.26

Next week BJcorp will rebound sharply

Agree. Strong support at 0.19.

Movement past few days looks good. Stock should pierce thru 0.20 in middle of next week.

Next resistance should be 0.21

A bargain buy. Real low price at 52.5 sen just 2 sen from 52 weeks low. Good entry at this level

Des 2003,

it was announced he bought 40 m shares but the price was not mentioned.

Uptrend. First resistance 0.20

Oversold. Rebound tomorrow likely to 0.38

Many thanks Calvin,

Any idea when MOL will be launched in US ?

Calvin Tan,

You wrote,

" Or else join Calvin and buy a little BJ Corp as something BIG is Going to happen there. "

Would greatly appreciate if you can share what is the something BIG which is going to happen.

Thanks a million !

VERY Strange. Mulpha slowing drifting downwards everyday non stop.

Any particular reason why ??

Read Bursa Announcement : Directors selling by the millions in the past months

Probably going to oil and gas sector again

Don't worry. Bottoming out. At 2 months plus low. Likely turn around next week.

Strange. Price so low. What's the reason for the continous SELLING ?

Managepay may experience further weakness after falling below the MYR00.22 level and, quite recently, the 200-day MAV line. Traders may exit their positions if the condition persists in the near term. Further support is anticipated at MYR0.19, followed by MYR0.175. The stock could turn sideways or rebound further if itrecovers above the MYR0.22 level. The bearish bias may be neutralised if it rebounds above MYR0.26.

Source: RHB (23/9/2014)

Mpay PE raito of 70+. Stock is considered overvalued.

My guess is with story out that Iris got the contract, Mpay price will fall. It will have a slight rebound and later this stock will become quiet and inactive. People eventually forget about this stock.

That's the reality of life.

Forget this episode. No need to crack your brain to think and anaylise.

Be practical. Be wise. Move on.

There are much better profitable counters to invest in.

Why gamble with hard earned money?

As I have earlier mentioned, Have you ever seriously consider the reason why the 2 directors are selling the share and its warrant by the millions in the open market like there is no tomorrow ?

You think they are foolish and we are the clever ones ??

Mpay was 8 sen on 28/8/2013 according to Focus Malaysia.

Reached high of 38.5 sen in April 2014 due to high expectancy of getting this project. Now kaput.

First Support 19 sen.

Next Support : ?????

At this basement price, now is the time to buy.

When most people are giving up hope, the share will come alive and move up !

gerry. Please explain .

thanks

What goes down much will rebound technically. Simple logic.

ya, My guess is share will go up and stabilise at 88 sen level for a while before heading up

Have you ever seriously consider the reason why the 2 directors are selling the share and its warrant by the millions in the open market like there is no tomorrow ? You think they are foolish and we are the clever ones ??

First support at 0.19.

next resistance 88 sen

Share is grossly oversold.

Strong rebound imminent.

You guys, Any idea why tjhis stock came down so much ?

thanks !

Tiger going up with BIG volume. Tiger WB will shoot up too.

Stock grossly oversold.

Technical rebound imminent to 0.19-0.195

Something brewing ??

THE STAR 4/9/2014

KUALA LUMPUR: Mulpha International Bhd saw 40 million of its shares traded off-market on Thursday at an average price of 46 sen.

Stock market showed the shares accounted for a 1.7% stake based on its paid-up of 2.355 billion shares.

At midday, Mulpha was down 0.5 sen to 48.5 sen.

At 48.5 sen, Mulpha is trading at a price-to-earnings of 18.73 times.

Mulpha's core activities are real estate and property-related investment and also financial services with interest in Malaysia, Vietnam, China, Hong Kong and Australia.

Mountbatten Corporation is the largest shareholder with 520.82 million shares followed by Magic Unicorm Ltd, which owns 183.89 million units and Honest Opportunity Ltd 106 million units.

Calvin,

That's good news for mulpha.!
At this level of 47.5-48 sen, it's basement price.
Next week , Mulpha will be uptrend

UPTREND : first resistance 55 sen

Very low now. Rebound imminent.

up up . 38 cent again??

All right . will queue to buy at 40 sen and below. Huge selling pressure with past few days VERY BIG volume !

Rumours : Broking and investment banks cutting down margin facilities to these stocks. BAD.

Mulpha has come down a lot from last week.

A rebound is imminent Monday next week

OTHERS MANAGEPAY SYSTEMS BERHAD (“MANAGEPAY” OR THE “COMPANY”) - Article published in Focus Malaysia entitled “ManagePay bags GST tourist refund contract"

MANAGEPAY SYSTEMS BERHAD

Admission Sponsor RHB Investment Bank Bhd
Sponsor Same as above
Type Announcement
Subject OTHERS
Description MANAGEPAY SYSTEMS BERHAD (“MANAGEPAY” OR THE “COMPANY”)
- Article published in Focus Malaysia entitled “ManagePay bags GST tourist refund contract"

Reference is made to the article published in Focus Malaysia on page 14, August 9 – 15 2014 (“Article”) on the above title.

The Board of Directors ManagePay wishes to clarify that ManagePay has not been informed and is not aware of the award of the Goods and Services Tax (GST) Tourist Refund Scheme by Customs Department to ManagePay as reported in the Article.

MPAY DENIED FOCUS NEWS :

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1706197

Mext week Mapay share will plunge . Better be cautious

TODAY mulpha closed at 51-51.5 sen. Share has come down a lot from 55 sen last week.

Very cheap to buy at this level.

Thanks!

But why is Honest Opportunity selling mulpha by the millions in the open market if BIG things brewing as you mentioned ?

Hi gweilo,

Read your piece on Insas. Your track records seems good to me.

What is the estimated time frame for mulpha to reach about RM 1.00 as you projected ? Just give a rough estimate. That will be ok for me.

Thanks !