i oso like ghl story. they r slow and steady. can see them grow their business and grow in asean. soon they will grow to cambodia and indonesia. most important is grow but profit also still grow. good management. know what to do
Three million Chinese tourists in Malaysia to benefit from WeChat app KUALA LUMPUR (Sept 19): Three million tourists from mainland China are expected to benefit from the WeChat Go Malaysia Mini Program, an interactive app, to search for any information and attraction in Malaysia from today. Head of WeChat Global Marketing Ma Feng Ming said the programme served as a key platform to attract inbound visitors from mainland China through a partnership with Tourism Malaysia for the Visit Malaysia 2020 campaign. “Via the interactive guide in Chinese, the Mini Program enables a digital travel experience on Malaysian attractionss, food, culture and shopping venues,” he said during the launch of the WeChat Go Malaysia Mini Program here, today. He said it also enabled the travellers to pay using their home currency, the Renminbi, for services provided such as at Pos Malaysia, the Kuala Lumpur International Airprot (KLIA) Express, TripCarte and CatchThatBus. “Visitors can select from a list of postcards and Pos Malaysia will print and deliver it to any address in mainland China. For the KLIA Express, tourists can book and pay for tickets ahead of the airport transfer train ride. “Meanwhile, tourists can also book and pay for tickets to tourist attractions in Malaysia using TripCarte. CatchThatBus allows them to book and pay for bus tickets ahead of the ride,” Ma added. Besides this programme, telco provider U Mobile, has partnered WeChat to launch the Pavilion KL Mini Program which begins on Oct 1. Chief executive officer (retail) Pavilion KL, Datuk Joyce Yap said it is aimed at enhancing the dining and shopping experience for tourists. “They can make reservations, order and pay for meals, at over 30 participating food and beverage merchants. “At retail and fashion stores, they can order and pay for their choice of merchandise via the Mini Program and simply collect purchases when ready,” she said in her speech at the WeChat Go Malaysia Mini Program. Last year, there were 2.9 million visitors from mainland China to Malaysia. Currently there are 1.1 billion active WeChat users.
Malaysia a step closer to going cashless, says Visa KUALA LUMPUR (Sept 20): Digital payments are becoming the preferred payment method in Malaysia, with 70% of consumers preferring to visit merchant sites that accept digital payments compared to those that only accept cash, according to the Visa Consumer Payment Attitudes Study 2018. In a statement today, Visa Inc said among the merchant categories that consumers expect higher usage of digital payments are large shopping malls (65%), supermarkets (60%) and bill payments (57%). "Over half of the respondents expect their use of digital payments to increase over the next year," it said. Visa said the respondents believe the digital payments are convenient, hassle free and accepted widely. They also believe that going cashless offers better payment security and allow them to track their expenditure better, it said. However, for small transactions, the respondents still prefer paying with cash. Visa country manager for Malaysia Ng Kong Boon said the financial services corporation sees a similar trend based on its VisaNet data, where the total value of consumer spending on Visa and number of transactions have shown double-digit percentage increase year-on-year. "There are, however, continued opportunities for growth as cash still accounts for more than 60% of consumer spending in Malaysia," he said. Ng said Visa has been focusing its efforts on expanding merchant contactless acceptance in Malaysia, adding that the nation is now one of the fastest growing countries in Asia Pacific in terms of contactless payment usage. "To date, we have enabled contactless payments acceptance in major merchant categories such as petrol stations, supermarkets, quick service restaurants and laundromats. "We are confident that our goal of becoming a cashless nation is moving a step closer because merchants and consumers appreciate the frictionless payments experience brought about by digital payments," he said.
From the 2020 Budget, the RON95 petrol subsidy program (awarded to GHLSYS ) will implement card95 for those non BSH besides eWallet. So, it is definitely benefit most to GHL for near future.
problem is ppl lost interest with this counter or rather say confidence... lets not look at PE... since 2013, ppl is talking about ghl high p/e (stating the obvious?)... Revenue having a better capital grow...which this is what s/h want...
Vess88 ppl lost interest/confident may provide opportunity to accumulate if the prospect/business is still solid or growing. Recently, the substantial shareholder of GHL was accumulating but the substantial shareholder of Revenue was selling
Frankly speaking, I do feel ghl better than Rgb... Better global network and expansion... The management shall be more aggressive in local market expansion... However no point if I alone feel so...
Ong Hong Ming Main Catalysts for buying and holding GHLSYS: 1. PCI 3.0 (the old terminal system) is going to be matured by March 2020. That being said, currently ard 85% of total terminals in Malaysia which are still using the old system will be ALL replaced by PCI 5.0 system soon. Upgrading this system is not a mandate by the government, but it is a mandate for the card scheme. Just Imagine how big this opportunity is 2. The growing exposure of NETS (recently, Singapore just accept this) who can only employ either GHL or Revenue’s payment system will improve the firm’s margin significantly in the future. 3. The acceptance of WeChat Pay in both Malaysia and Philippine market will be soon contributing a positive result to their earnings once the number of Chinese visitors rebound.
@godcutwin the market size and opportunity (currently ard 600000 terminals in Malaysia, ard 150000 terminals belong to GHL, 55000 terminals belong to Revenue and the remaining ones belong to banks) is too big for Revenue to capture it all by himself. I've attended Revenue's investors' briefing on ytd and according to management, company currently stocked up ard 10000 terminals to be sold out on next few quarters. And so, what are the remaining 590000 stands for? Who is the biggest player in the market RIGHT NOW?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
easy616
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Posted by easy616 > 2019-08-14 20:21 | Report Abuse
look at revenue, ghl's peer in this space. only market is malaysia. people should switch to ghl for regional growth and potential.