Mobile electronic business :- mobile e-payment+Web Consumer Link
Jack Ma: 1999 Jan establish Alibaba
Year 1999 :- Burning substantial amount of cash all year long to sustain the business Year 2001 :- Burning more cash........... Year 2002 :- Begin to make money Year 2003 : Income 1.0 mil per day Year 2004 : Profit 1.0 mil per day Year 2005 : Pay Tax 1.0 mil per day Year 2014 : Become wealthiest man in China
Jack Ma once said:Adversity is just a hurdle along the path of success.
Alibaba was once an abandon kid pre IPO and now post IPO , Alibaba stock price is too high to be reached by many..........
Yeah, why the sudden turnaround? Maybe some people are trying to scare others so can buy cheap and up again. No bad news when searching. They are growing from strength to strength temporary setback?
I think nothing is more important than looking at its upcoming quarterly financial results. The results this time will definitely allow current long-term investors to decide whether to hold or sell. It's been 2 years since they take on restructuring measures and I believe its time to show it in their books.
Long term target rm 2.50 ( 2 years) . Net profit for year 2015 ( 15 - 18 million.) 2016 ( 25 - 28 million ). 2017 ( 35 - 40 million ) Good luck for all investor.
Recently BNM is looking to increase card terminal from 220.000 to 800.000 in few years time mean 800.000 terminal roughly translates to 1.2 million card acceptance device.Currently GHLSYS is holding 25 % of Malaysia market for payment device. Total supply 50.000 out of 220.000 terminal in the country.This not include oversea market especially Philipine ,thailand and other asian country. GHLSYS also deal with CIMB to provide payment facilitator or TPA service to the bank . Under the agreement GHLSYS will acquire between 3 - 4 thousand merchant this year .GHLSYS plan to becoming Asean largest merchant acquirer in 3 years time. So GHLSYS revenue and net profit will surge in 2015/16/17 and more n more is coming . That*s all folks.
Not sure if its okay to post this. But I have a friend happen to know from his friend working there, claiming the coming quarterly profits jumped and the staffs that were aware bought in. Not freaking sure if this is real, but I hope u all take this post with an open mind and don't get too greedy.
Profit will jump which quarter? this quarter i think nothing much, next quarter maybe abit
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Posted by fortunebullz > 2015-04-17 21:52 | Report Abuse
4 black candles! Not good!