Posted by xuewenapeng > 2017-05-02 20:24 | Report Abuse

Sure drop back to 1.40 then only rebound

Posted by suregain > 2017-05-02 20:28 | Report Abuse

Drop your head la

Posted by suregain > 2017-05-02 20:30 | Report Abuse

I think ppl are scare the takeover at rm1 is sucesful.. So they r reluctant to buy.. With so many good news flowing in, the share px stil umable to go up.. Once the takeover fail, fuyoh, ghl wil up like rocket

Posted by stockmanmy > 2017-05-02 20:32 | Report Abuse

where got fund managers want 100% ?

more like Ecoworld and their G.O at < $1.

Posted by gift > 2017-05-02 20:45 | Report Abuse

Fund wanna to earn from investment, not controlling a firm. Just buy before the commencement of Alipay in Malaysia.

Posted by melvintcs > 2017-05-02 22:32 | Report Abuse

I think tmr up

Posted by Wai Zheng > 2017-05-02 22:55 | Report Abuse

The takeover issue is annoying. Hope 12 may come faster, get to know the result faster..~.~

Posted by suregain > 2017-05-02 23:12 | Report Abuse

Yup... The takeover is a constrain... Once d result is failed, ppl wil rush in

Posted by Lexie1221 > 2017-05-03 01:34 | Report Abuse

May 12 is the result announcement?

Posted by suregain > 2017-05-03 06:18 | Report Abuse

May 12 is last day of offer, n it is a fri.. Result only know by the next folowing week

Posted by deepseafisherman > 2017-05-03 08:19 | Report Abuse

independent Advisor - AmInvestment Bank recommended shareholder to reject the offer. The offer is unfair and unreasonable. Board of Directors also recommend the same. The equity value for GHL is RM 1.39 (From AmInvestment Bank)

http://deepseafisherman.blogspot.my/2017/05/ghl.html

Posted by Lexie1221 > 2017-05-03 08:35 | Report Abuse

Thanks, @deepseafosherman, please represent all of us say No. haha, your blog well said.

Posted by helloworld123 > 2017-05-03 08:44 | Report Abuse

lots of uncertainties/risks. better to stay out for the time being.

Posted by suregain > 2017-05-03 09:13 | Report Abuse

sell.. bearish

Posted by gift > 2017-05-03 09:16 | Report Abuse

This offer is definitely not successful in the end due to no support from current shareholders or the recommendation from the investment banks.

I choose to keep my existing shares and ready to buy in when people worrying and sell it low about RM1.45.

When this case is closed and the launching of Alipay in Malaysia, GHL will shoot up again!

Posted by JN88 > 2017-05-03 09:18 | Report Abuse

Alipay come to South east Asian, do you think jib jib for will simply let this rtis to take over?

Posted by metalgearsnake > 2017-05-03 09:21 | Report Abuse

walau...wtf..no eye see. close my eyes n put is aside for 1 year

Posted by JN88 > 2017-05-03 09:24 | Report Abuse

Metalgearsnake : close your eyes and buy more.

Posted by stayfocused > 2017-05-03 09:28 | Report Abuse

What I see is that ghlsys is trying to defend themselves by releasing positive news to increase their price to prevent actis from taking over easily. Even ghlsys themselves realised the danger. Good luck guys

Posted by metalgearsnake > 2017-05-03 09:28 | Report Abuse

JN88, will consider it if it drops more haha

Posted by jinvest > 2017-05-03 10:14 | Report Abuse

If they really want to take over after closing date they will still do so but they have to pay higher price for the remaining shares.

Posted by melvintcs > 2017-05-03 10:29 | Report Abuse

wow. drop so much

Posted by suregain > 2017-05-03 10:31 | Report Abuse

takeover offer is a wory... if failed, ghl wil up lik no tomorow

Posted by UMA > 2017-05-03 11:10 | Report Abuse

Today buy in,keep tp1.8...

Posted by PlsGiveBonus > 2017-05-03 13:18 | Report Abuse

Panic sell over
:))

Posted by leslieroycarter > 2017-05-03 14:33 | Report Abuse

Fat hope to take over at RM 1, not only absurd but hard to digest. Only idiot will sell to them at this bloody price. We also can q buy at RM 1?

Posted by suregain > 2017-05-03 16:58 | Report Abuse

hold tight tight... i think actis jus pressure to create panic...

Posted by Nikmon > 2017-05-03 17:31 | Report Abuse

what would happen if Actics success to delisted since they holding >60% shares?

Posted by hillsixtynine > 2017-05-03 17:40 | Report Abuse

Announcement
Subject OTHERS
Description GHL SYSTEMS BERHAD ("GHL") PRESS RELEASE ON GHL PARTNERS WITH AF PAYMENTS INC. IN PHILIPPINES DATED 2 MAY 2017
Further to our announcement dated 2 May 2017, GHL wishes to inform the following additional information pertaining to GHL Partners with AF Payments Inc. in Philippines as follows (“Partnership with AF Payments Inc.):-

The initial contract term of the Partnership with AF Payments Inc. is for five years and is renewable.

The Partnership with AF Payments Inc. will not have any material effect on the share capital, shareholding structure, gearing, net assets per share and earnings per share of GHL Group for the financial year ending 31 December 2017.

None of the directors or major shareholders of GHL or persons connected to the directors and/or major shareholders of GHL have any interest, direct or indirect in Partnership with AF Payments Inc.

This announcement is dated 3 May 2017.

Posted by Winwin98 > 2017-05-03 18:26 | Report Abuse

Good news and good announcement, tomorrow up !

Posted by leslieroycarter > 2017-05-03 20:34 | Report Abuse

Major shareholder is buying back.....any good news!
MR KANAGARAJ LORENZ 27-Apr-2017 Acquired 1,800,000 0.000

Posted by gift > 2017-05-03 20:48 | Report Abuse

It means the take over is confirmed not going to happen. I wish to buy more below 1.50 and wait for the news of the launching of the Alipay in Malaysia.

Posted by Nikmon > 2017-05-03 20:49 | Report Abuse

ASM agreed on the takeover and sold 1 million share?

Posted by JN88 > 2017-05-03 21:34 | Report Abuse

This one more powerful than MyEG.....you think they will let it go so easy??? South East Asian just starting to use this platform one (0.1%) , one penetration up to 30%. you only know.

Posted by derrick8228 > 2017-05-03 23:09 | Report Abuse

like this must test it, only will know the 30% power of penetration

Posted by leslieroycarter > 2017-05-03 23:10 | Report Abuse

Actis got no money to buy but obligated to trigger an offer which will never materialise as stipulated in the bylaws. They know nobody will sell to them as the price offered is only 2/3 of what was traded. This is the only way to satisfy the requirement . Buat malu aje....

Posted by hillsixtynine > 2017-05-04 09:24 | Report Abuse

Why so weak today? Coz iwcity ka?

Posted by ObserverOnly > 2017-05-04 11:15 | Report Abuse

not cause by iwcity, Foreign fund withdrawing, KLCI drop 14 points. Whole market affected.

Posted by faytdestiny > 2017-05-05 12:48 | Report Abuse

Take over at rm1 now still worth?

Posted by Lexie1221 > 2017-05-05 18:17 | Report Abuse

hold tight till 12th May

Posted by faytdestiny > 2017-05-05 18:35 | Report Abuse

I mean this is good company with bright future but how come offer so low but I haven't buy in that why asking opinion here thanks

Posted by Lexie1221 > 2017-05-05 18:48 | Report Abuse

With 100% of acquisition, the price shall be lower, for example you buy things in bulk they give u offer, but RM1.00 is definitely unreasonable, however the acquisition is till 12th May, so lets see how market act. Ask yourself, if you are holding gem (good company), would you sell cheap to people?

Posted by hillsixtynine > 2017-05-06 00:09 | Report Abuse

I happen to speak to a staff frm GHL...and the person told me he has no idea about what the top management deciding regarding the takeover but most likely the rm1 offer will fail and Actis might counter offer higher.

So in case that happens, what should we retail investors do?

Posted by UMA > 2017-05-06 07:43 | Report Abuse

Ohhhhhhhhhhhhhh
Yeahhhhhhhhhhhhh......

Posted by derrick8228 > 2017-05-06 16:45 | Report Abuse

oh ....really that good. something sound good is coming

Posted by xuewenapeng > 2017-05-06 16:46 | Report Abuse

What is RM1 offer?

Posted by xuewenapeng > 2017-05-06 16:46 | Report Abuse

I want buy at RM1

Posted by Gaybird Lim > 2017-05-06 18:14 | Report Abuse

Nice

Posted by Lexie1221 > 2017-05-06 20:35 | Report Abuse

impossible price at RM1

Posted by tlxian123 > 2017-05-06 22:13 | Report Abuse

Errr, Netx have its own system, abit impossible to work with those big company unless netx give up its own system, but i doubt that.