Posted by Hiu Chee Keong > 2017-03-24 07:41 | Report Abuse

Regarding chinese tourists part, recent report expect the amount will be dropped. Bcos 10, 20K china tourist was brought in by forest citi developers to view the properties, but with china givernmnet capital out flow control, all those tours is cancelled this year. And china tourist spending also will be cut, bcos now china even put a credit card limit on their citizen at over sea.

Posted by slts > 2017-03-24 07:57 | Report Abuse

bursa is watching u

Posted by christophertopher > 2017-03-24 09:13 | Report Abuse

非常好的分析，加油!
他人没有能力作出的text/notes, 就随便发出纸张
说别去随意相信。
又不去照镜子看看自己的不足。
买入之前得好好，深入研究股视为一个基本功课。

Posted by christophertopher > 2017-03-24 09:15 | Report Abuse

甚至stock blogger 写的股，以前以前/很多时候成为报纸刊登出来的消息。

Posted by stockmanmy > 2017-03-24 09:21 | Report Abuse

I think this axelrod knows his stuffs. No play play.

also GHL is a well promoted stock. Favorite stock of many research houses for many years. No pump and dump stock.

Posted by leng1234 > 2017-03-25 05:49 | Report Abuse

seem like really make sense the 3 articles, thanks for sharing, Alipay linked to all users in China, GHL linked to all merchants,the complement each others, not compete with each others

Posted by inorder > 2017-03-25 14:10 | Report Abuse

you have wrote a lot of cock and bull on this GHLSYS, but in your final sentence, you said you let your kids to enjoy the benefits of this company. real sh*t man.

Posted by stockmanmy > 2017-03-25 14:24 | Report Abuse

IT is not my strength

But research houses have been promoting this stock for many years already.

not a pump and dump stock.

Alipay specialises in e commerce
GHL specialises is serving brick and mortal merchants.

How they interact, how they help hurt each other, I have no clue.

Posted by apini > 2017-03-25 14:36 | Report Abuse

after reading all the article , I am still not convince and believe the ali-pay which very much more established needs GHL in Malaysia and share part of the profit with GHL. I have a feeling this is just a construe of the writer. putting similar thing together to form a big picture that may not happen in real life. in fact ali-pay may turn a big threat or challenge to GHL
my 2 cents views. please ignore if you do not agree

Posted by leng1234 > 2017-03-25 14:39 | Report Abuse

Fortune bull, Alibaba bought lazada (focus on Asean market), Ant financial owned by Jack Ma might buy GHL (Specialised in Asean Market), just a wild guess, hahaha

Posted by leng1234 > 2017-03-25 14:45 | Report Abuse

Partnering with Alipay for merchant acquisition in Thailand

In addition, GHL has also started a new merchant acquisition drive in Thailand following a tie up with China based payment service provider, Alipay. Under the partnership, GHL is in charge of acquiring Thai merchants to accept Alipay payment from Chinese tourists in Thailand.
We see potential for GHL to replicate the model across other Asean countries.
Currently, GHL has about 200 merchants signed up under the programme.

Original quoted from CIMB analyst report. Not I say one. Already mentioned replicate the above business model in other countries. Next is Malaysia if Alipay is coming.

Posted by stockmanmy > 2017-03-25 14:57 | Report Abuse

ok leng

GHL operates in brick and mortar business, off line business.
can GHL benefit from e commerce?

Alipay started as e commerce specialist and the reason for the success of taobao..and alipay even conquering non traditional areas and become an all purpose card.......


greatest treat to Visa.

Posted by stockmanmy > 2017-03-25 15:23 | Report Abuse

Ma will buy football team before he buy GHL.

Posted by Ryan88 > 2017-03-26 02:16 | Report Abuse

I will say alibaba e commerce business will drop in long term. Luckily Jack Ma is smart to know to use the debts funded from alibaba to invest in other fields.

Posted by Pavillion > 2017-03-26 08:38 | Report Abuse

Ghl is ok but the partnership with Alipay has marginal impact to Ghl.

All Chinese tourists will always have their Master and Visa with them, even if they use this card on Ghl terminal, Ghl will earn....so having Alipay in their terminal makes no different to Ghl. The "partnership" will benefit Alipay more than Ghl.

The 2 segment of growth ; a)Internet payment and b) micro retailer (small retailer). This area Ghl will loses out.

1) Ghl Internet payment gateway/systems are not strong, no usp, no barrier of entry and new competitor could easily come in, infact they are losing out to ipay88. Alipay will destroy them easily and I think this is what Alipay aiming.

2) Micro retailer, Ghl has no advantages, ghl can't compete with cheaper mobile solution....e.g. mpos by maxis.

In US some merchant can just buy the credit card terminal from special store and take it to their bank for cheaper rates.

Trend of debit card use in Malaysia are also not good for Ghl as the merchant discount are very small.

I think this is the concern and it might affect Ghl in long term if they are not prepare in this area; 1) technology 2) consumer spending behavior.

Conclusion this Alibababa rally is more hope than substance.

Posted by inorder > 2017-03-26 17:01 | Report Abuse

Pavillion, true, how true. 1) technology change so fast, a company is here today and will be gone tomorrow if they are not keeping up with the changing technology. Look at Kodak. I wonder this GHL writer long term is how long a period? 10, 20 years???

Posted by Axelrod > 2017-03-30 16:20 | Report Abuse

Time will teach you that I am right

Posted by inorder > 2017-03-31 18:24 | Report Abuse

what happen today, alibaba go back to china? you must ask this jack ma to come again, maybe ask him to come here tomorrow.

Posted by ANdrew Tan > 2017-04-01 02:01 | Report Abuse

"I am very excited to welcome Actis as a partner, as they bring an impressive track record in the payments sector, especially in emerging markets. "Together, we are fully aligned in our ambition to become the leading end-to-end payment service provider in ASEAN by deploying world-class payment infrastructure, technology and to further expand our growing footprint into new ASEAN markets," said Loh.

GHL's MGO by Actis is a good sign.

Posted by minglt > 2017-04-04 10:30 | Report Abuse

Hi, can someone pls share the GHL-Alipay thailand PPT deck? thanks