GHL SYSTEMS BHD

KLSE (MYR): GHLSYS (0021)

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10 people like this.

6,434 comment(s). Last comment by Hatiharihari 3 weeks ago

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-19 12:54 | Report Abuse

I WILL SURVIVE ....KIKIKI....BLACKJACK !! ♤♤♤♤

http://www.youtube.com/watch?v=_zQi0OYXAKU

WiseEye

1,199 posts

Posted by WiseEye > 2014-08-19 13:12 | Report Abuse

Christine, I'm still here. Waiting for quarterly results.

Tornado

1,938 posts

Posted by Tornado > 2014-08-19 15:21 | Report Abuse

This counter reminds me of my gf at the campus days many many yrs ago.
Go after her like hell never give it a damn, after I decided to dump, she u-turn balk.....

Will the history repeat itself......... ; )

Tornado

1,938 posts

Posted by Tornado > 2014-08-19 15:33 | Report Abuse

yesterday quarterly result out for many counters don't look good.....
wait or don't wait ...... your call

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-19 20:39 | Report Abuse

o o o o o o o o o o o o o o o o o o o o

Tornado

1,938 posts

Posted by Tornado > 2014-08-20 09:06 | Report Abuse

history in the making........ lol

mc121534

2,517 posts

Posted by mc121534 > 2014-08-20 09:26 | Report Abuse

No, not history, the future in the making......fast and furious. A big big surprise...hahaha

JCLU JCLU

12 posts

Posted by JCLU JCLU > 2014-08-20 09:49 | Report Abuse

let it come!!!! Yeah!

calow1

243 posts

Posted by calow1 > 2014-08-20 10:21 | Report Abuse

Long live chrissssy :)

Tornado

1,938 posts

Posted by Tornado > 2014-08-20 10:29 | Report Abuse

Salute to Chrissy/MC.......... you are the man...... opps you are the woman

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-20 12:44 | Report Abuse

tornado....me is girl...mc is man...hehe...aha

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-20 12:45 | Report Abuse

calow1...thanks ...same to u too :)

cheeseburger

2,849 posts

Posted by cheeseburger > 2014-08-20 14:18 | Report Abuse

was the quarterly result out?

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-20 16:45 | Report Abuse

42 inches .....hhhhhhhhhhhhaaaaahahaha......okey okey miss Mc.....

matakuda

530 posts

Posted by matakuda > 2014-08-20 17:22 | Report Abuse

shit, kena trap oleh CG

greenday

210 posts

Posted by greenday > 2014-08-20 18:25 | Report Abuse

tomorrow up again. good quarter result

JCLU JCLU

12 posts

Posted by JCLU JCLU > 2014-08-20 18:46 | Report Abuse

Yeah! Ya, rpt very good!

newboy

745 posts

Posted by newboy > 2014-08-20 19:28 | Report Abuse

Partnership with Indonesian firm and Bonus issue!!!

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-20 19:31 | Report Abuse

Annual report niceeeeeeee DOUBLE ...... CONGRATSSSSSSS !!!!!


http://www.bursamalaysia.com/market/listed-companies/company-announcements/1714865

bsngpg

2,842 posts

Posted by bsngpg > 2014-08-20 20:02 | Report Abuse

Proposed bonus 1:2. Expected to complete in Q4 2014.

Q2-Q2 : Rev(45.3Mil) ups 179%, PAT(3.04Mil) ups 94%, BUT eps downs 33%.

eps of Q2 at 0.72cents and 1H FY14=1.36cents.

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-20 20:16 | Report Abuse

Performance of the current quarter (2Q 2014) vs corresponding quarter (2Q 2013) by geographical
segment

2Q 2014 revenue increased +178.7% yoy with growth being recorded in all three of our main operating subsidiaries in Malaysia, Thailand and Philippines. GHL’s Australian operations remain insignificant at this juncture. The largest contributors to GHL group’s net profit were Malaysia and the Philippines. Thailand operations recorded a small EBIT loss of RM0.04 million for this quarter. Given the stagnant demand caused by the current political uncertainty in Thailand, the subsidiary tightly contained its operating expenditures. Overall, GHL group recorded a net profit after tax in the quarter of RM3.04 million vs RM1.56 million in 2Q 2013.


With e-pay’s full quarter financial results reflected in this quarter, Malaysia operations accounted for 85.1% of group revenues for 2Q2014 (2Q2013: 66.0%). Excluding TPA, which was mostly derived from e–pay, Malaysia’s revenues from both Shared Services and Solution Services were down yoy due to lower EDC hardware and card sales as well as lower software maintenance fees collected during 2Q 2014 vs a year ago. This reflects lower demand from the banks in terms of the outright purchase of EDC hardware and the deferment of some card sales. Malaysia is in advanced discussions with an acquiring bank to launch a TPA business centred around credit card acceptance. It is likely that this new TPA business will commence by 4Q this year.


Philippine operations were the second largest contributor to Group revenue, accounting for 9.8% of 2Q 2014 total revenues. This second quarter saw revenues improve +12.5% yoy to RM4.42 million (2Q 2013 – RM3.93m) supported by higher growth in annuity income derived from the rental and maintenance of EDC terminals as well as higher non-recurring software sales from the Solution Services segment. The Group is presently laying the ground work to commence TPA on a wider scale and is presently awaiting approval from the bank regulators for a TPA arrangement similar to that signed with the Thailand bank earlier this year.


Thailand saw 2Q revenue increase +44.4% yoy to RM2.03 million (2Q 2013 RM1.41m) mostly due to an opportunistic sale of EDC terminal sales to a bank. Business has been negatively impacted by the political uncertainty in the country which continues to cause major corporations and banks to defer expenditure on payment infrastructure. In addition some contracts involving the government have been stalled pending the execution of required legislation. The TPA business commenced cautiously in the start of the 2Q as the group felt it prudent to scale back on marketing and sales programs in order to save costs given the uncertainty surrounding the country’s political impasse. These programs will be extended once the political environment becomes clearer and banks and merchants start to re-grow the economy.

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-20 20:31 | Report Abuse

dear bsngpg.....pls check this page 15 ......bcus NUMBER OF SHARE INCREASE !!!!

-Profit attributable to owners of the Company (RM’000)

30/6/2014 3,044 COMPARE 30/6/2013 1,573

-Weighted average number of ordinary shares in issue and issuable (Unit’000)

30/6/2014 420,805 COMPARE 30/6/2013 145,386

- Basic earnings per share (Sen) 30/6/2014 0.72 COMPARE 30/6/2013 1.08


http://www.bursamalaysia.com/market/listed-companies/company-announcements/1714865

WiseEye

1,199 posts

Posted by WiseEye > 2014-08-20 20:36 | Report Abuse

Congrats sis Christine for your sharp foresight and impressive amount of patience. Those that followed your advice will be handsomely rewarded.

WiseEye

1,199 posts

Posted by WiseEye > 2014-08-20 20:39 | Report Abuse

On a seperate note, its worth to note that this is just the start of something huge. Note the management explained that TPA business has yet to commence operations in several countries. What happens if it begins operations in Q4? It will be one big positive full blown effect to the books.

Also, note the cash level of GHL now is extremely high, over RM74 million. These money I think would be put in to good use for M&As into Indonesia.

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-20 20:57 | Report Abuse

Wiseye, yes. The day will come. Soon. Patient. 2014. The big one.

You will be rewarded again

cheers .....

winwinborn

439 posts

Posted by winwinborn > 2014-08-20 21:08 | Report Abuse

Congrate Christine & all Ghl investors.

Gong Xi Gong Xi. Double Happiness.

janetrohan

160 posts

Posted by janetrohan > 2014-08-20 21:36 | Report Abuse

bonus issue is free?

janetrohan

160 posts

Posted by janetrohan > 2014-08-20 21:36 | Report Abuse

or we need to subscribe at .20cent ?

omgboy

60 posts

Posted by omgboy > 2014-08-20 21:58 | Report Abuse

GG, Better ask bro Alphajack. He is a senior analyst at the world largest firm. He knows Simon Loh too. You may get something valuable from him.

wahahahahahaahahahaahahahhahahahahahahahahhahhahahahhhhahhahhahaha

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-20 22:04 | Report Abuse

GG..... I never hate anyone. But when you shout mad dog to MC. I have no respect for you. But doesn't mean I hate you. You have crossed the line.
GG,You want to ask ask MC. Thanks

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-20 22:21 | Report Abuse

Weighted average number of ordinary shares in issue and issuable (Unit’000) 30/6/2014 420,805 COMPARE 30/6/2013 145,386
INCREASE 300%


Basic earnings per share (Sen) 30/6/2014 0.72 COMPARE 30/6/2013 1.08 DECREASE 33%


share Based INCREASE 300% ....Eps "ONLY" DROP 33%.....


SO ????? GOOD OR NOT GOOD ? ???

Tornado

1,938 posts

Posted by Tornado > 2014-08-20 22:40 | Report Abuse

oo la la........
I must congrat myself for holding my horses at the cliff.....
Sis Chrissy..... way to go

tjhldg

27,218 posts

Posted by tjhldg > 2014-08-20 23:20 | Report Abuse

kikikikikikiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii wish all huat huat huat la

Tornado

1,938 posts

Posted by Tornado > 2014-08-20 23:37 | Report Abuse

For GHL's kaki

If Larry plans to acquire companies abroad in south-east asia and he uses his toothbrush test on GHL, he is probably going to acquired GHL .........

http://www.businessinsider.my/larry-page-toothbrush-test-google-acquisitions-2014-8/#.U_S_XFYrz1o

jinv9

127 posts

Posted by jinv9 > 2014-08-21 01:25 | Report Abuse

.
Results for the half year of 2014

a) Although profit for the period is up:
2Q14 3.044k vs 2Q13 1.573k up 93.5%
6M14 4,587k vs 6M13 3,583k up 28.0%

b) Basic earnings per share is down:
2Q14 0.72s vs 2Q13 1.08s down 33.3%
6M14 1.36s vs 6M13 2.46s down 44.7%

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1714865

If we use 2Q14 EPS of 0.72s as being representative of the next 2 quarters, the total EPS for the year of 2.8s, given the current price at 93.5s, would give a PE of 33.4 times. Even at an EPS of 3.0s, the PE ratio would still be over 31x.

wiseeye

1,199 posts

Posted by wiseeye > 2014-08-21 07:38 | Report Abuse

Haha Chris nice comparison but actually the eps can't fall by more than 100% if making money

GG3261

44 posts

Posted by GG3261 > 2014-08-21 09:14 | Report Abuse

sayona GHL...... dapt duit kopi........ minum kopi pergi..... kikiki....

omgboy

60 posts

Posted by omgboy > 2014-08-21 09:43 | Report Abuse

Ghl 1.20 wakakakakakakakakakaka

LongRiver

12 posts

Posted by LongRiver > 2014-08-21 11:39 | Report Abuse

See! See! See! Our Sifu MC have been right all along. For the long term investors stay in order to reap the full benefits from this company with vast potential. Impending expansion. M&As??? The list goes on


For punters out there, decide for yourselves and for the doomsayers - eat your hearts out!
Good Luck to all GHL khakis!

bintang21

458 posts

Posted by bintang21 > 2014-08-21 12:05 | Report Abuse

bye-bye, it is over-value......

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-21 12:47 | Report Abuse

hahaha...yaya longriver agree wth u......

Tornado

1,938 posts

Posted by Tornado > 2014-08-21 13:33 | Report Abuse

A Big " TQ " Bintang21/GG.......... Thanks for vacating your seats that others are able to come on board.

tata, bye2, adios, adieu , 再见 ,selamat tinggal , sayonara ..... ; )

Tornado

1,938 posts

Posted by Tornado > 2014-08-21 13:45 | Report Abuse

p/s and thanks for warming up the seat for others........ ; 0

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-21 14:05 | Report Abuse

hahaha tornado..... oo la la

Posted by orivic99 > 2014-08-21 16:47 | Report Abuse

Thanks GG for your sharing on the blog

bsngpg

2,842 posts

Posted by bsngpg > 2014-08-21 18:49 | Report Abuse

Hi Beautiful sister and handsome brothers : I have gotten my tiny and quick profit and contented with it. Thus I have unloaded all GHLsys today. Thanks for your kind and generous sharing and wish you make BIG MONEY soon.

Bye ! See you elsewhere.

Christine Goh

3,117 posts

Posted by Christine Goh > 2014-08-21 22:05 | Report Abuse

To all Ghlsys long term holders, i attach some research on EPS and PE calculation for sharing purposes. For punters, and novice analyst, sorry not for you. Thank you.

Facebook Defies the Law of EPS

Posted on September 27, 2012 by Dustin Lewis

Undoubtedly, Facebook stock is a topic that intrigues me – not because I’ve finally found the right moment to “cash in” on a little piece of social networking heaven, but because the stock price has been (and remains) a complete enigma. In my last post, Owning a Piece of the Largest Social Network, I argued against purchasing Facebook stock during its May IPO – primarily because the valuation (especially for a company with no sustainable business model and/or revenue stream) was insane. Fast forward five months later, Facebook stock has dropped 40% since its opening price of $38 a share and presently hovers around the high teens to low twenties – for many, this begs the question: “Is it finally time to purchase a few Facebook shares?” Well my friends…sadly…the answer is a simple “no” – at least in my opinion. Facebook stock continues to trade at ungodly multiples of their EPS (earnings per share) and its only a matter of time until the market adjusts – sending Facebook stock price plummeting to the low to mid teens.

Let’s break this down a bit. Earnings Per Share is the portion of a company’s profit that’s allocated to individual shares of outstanding, common stock – EPS is important because it gives investors insight into the overall profitability and health of the company. Recently, Facebook has traded as high as 47 times their projected 2012 profit of 48 cents a share (or, alternatively, 36 times estimated 2013 earnings of $.63/share.) Sound a bit high? Well, it is. To put this in perspective, let’s compare Facebook with two other giant, established technology companies: Google and Apple. With Google stock price at a whopping $757 a share and Apple trailing close behind @ $676, both companies trade around 16x of estimated 2012 earnings. Case in point – if Facebook is valued at $61 billion, that’s more than 10x their estimated 2012 revenue of $5 billion…Google trades at half this valuation. Don’t ask me why, because I don’t have an answer.

What makes Facebook stock valuation more puzzling is that it almost seems to ignore the flood of restricted stock the company has issued into the market (I’m assuming to prevent Facebook employees from debunking to Google/Apple/Amazon.) Again, let’s crunch some numbers: Facebook issued $1.4 billion of restricted stock in 2011 (or almost $500K per employee) while dishing out another $1 billion of restricted stock thus far in 2012. If the stock expense is amortized in the following years at, say, $.20/share that still leaves the company with an estimated $.43 ($.63 (-) $.20) EPS for 2013 that will have the company trading at 35x EPS if the stock falls to the mid teens in the future – this is still a high valuation. This high valuation also fails to ignore the continued dilution of Facebook stock as more shares move from restricted to unrestricted status.

Facebook has the ability to generate a great deal of revenue, but whether or not the company is able to develop a sustainable strategy to turn potential into reality is another question – I’m talking about Mobile. Facebook now gets, on average, $5 in revenue annually from each user – multiple this by a 955 million user base and that’s a good chunk of change. However, Facebook is far from solidifying a Mobile strategy that’s capable of driving large revenue streams – a notion that became apparent when the company shelled out $1 billion for Instagram (Facebook was apparently having trouble with the whole uploading mobile pics, thing.) Facebook needs to develop a mobile strategy, and fast – and by mobile strategy I don’t mean blasting users with Shared Stories every time they open the app on their smartphone. As more and more users move from checking Facebook on their PCs to Mobile, the importance of a Mobile strategy will only grow. It’s clear that Mobile is a “must” for Facebook, but it also acts somewhat as a double edged sword for the company – as more and more users switch to jumping on their iPad/iPhone/Android to update their status’ and check their walls, isn’t Facebook just giving Google and Apple a piece of the revenue pie? Think competition…

Second quarter revenue for Facebook had risen 32%, but expenses (including stock based compensation) rose 60% – I expect to see more of the same fluctuations if the company continues to flood the market with common stock and fails to put a dent in their Mobile strategy. Don’t get me wrong – I’m not saying that Facebook is incapable of generating revenue long term; however, for a company without a solid strategy… do I think the stock trading at twice the valuation of Google is a little, uh, odd? Yea, yea I do.
My advice – buy Facebook when the price falls to the mid teens.

http://www.pointit.com/facebook-defies-the-law-of-eps/

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