My remaining 30% will leave it to the up trend but stil early to mention & i can sell now if price downsides further & support shld be at 0.44. Wait the dust to settle down first before analysing the chart.
I have no comments as i m more greedy than u ..hehehe but becareful of this type of counter esp tmr when vol is extremenly huge. I sold all mine at 0.60 & good profit to pocket for merely a half day time.
e-pay Asia Limited (ASX: EPY) has received an off-market takeover offer from GHL Systems Berhad for a cash consideration of A$0.40 per share - valuing e-pay Asia at around A$22.8 million.
e-pay Asia shares closed at $0.375 on Friday, with the stock trading as low as $0.135 in July this year. The offer price is a 6.67% premium. e-pay Asia shareholders have been offered an alternative to cash of 2.75 GHL shares for each e-pay Asia share held.
The major beneficial shareholder of e-pay Asia, Tobikiri Capital Limited (a company controlled by Simon Loh Wee Hian) (TCL) has entered into an agreement with GHL under which TCL has agreed to accept the offer in respect of 11,386,063 of the EPY Shares owned or controlled by it, subject to the terms of such agreement.
This represents 19.99% of the total issued shares of EPY. TCL has agreed to accept the scrip consideration in respect of these EPY Shares.
TCL has also stated that, assuming that it considers that no superior proposal has been received, its intention is to accept the Offer for the remainder of the issued ordinary shares in EPY owned or controlled by it.
These further shares consist of 23,684,541 EPY shares (representing 41.61% of the total EPY shares on issue).
GHL Systems is a public company listed on the Main Market of Bursa Malaysia Securities Berhad, with the company involved in the electronic payment industry.
GHLSys broke above its strong horizontal resistance at RM0.50 this morning. This is a follow through of a bullish upside breakout of a triangle in August at RM0.38. With this breakout, GHLSys may rally to its next resistance at RM0.80.
Posted by calvintaneng > Oct 8, 2013 08:53 AM | Report Abuse
Dear Friends at GHL, Another Stock that will rally like GHL is PM Corp(4081) Check It Out! _________________________________________________________________
Aiya calvintaneng, PMcorp overbought with RSI of 83 now. How to buy ler? Toppish la
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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....
iafx
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Posted by iafx > 2013-10-07 12:09 | Report Abuse
don't fool by the buy q