aiyoyo, why you so square one, things can change, strategy have to be modify accordingly, now I know why you can't make money, hihihi
You keep on pressing on those counters, let's wait and see lah, don't be so short sighted lah, boy, to make money, you listen to uncle tkp1, need patience one, hihihi
you every day fight with ppl, angry ppl, scold ppl, "ong" won't come to you one, you must be caring, show love, only than can make money, like me, hihihi
Grandpine Capital is a company that providing investment education, software, siminars & etc. quite famous in Malaysia especially for Chinese educated ppl. I know they have a big pull of members.
good morning tkp1, thank you for the information. I didn't have time to check on opensys until now. Too busy monitoring IFCA price movement until now. Are you still bullish on opensys?
janetrohan, my cost is 0.38, I am still holding, if it break 0.38, i will cut my position, and buy back later at lower price, i am still confident with this counter, but market sentiment is very bad, I guess this will continue until end of June before the Fitch announce the rating.
No offense market sentiment is just temporary but performance is permanent. If you think this counter will do well in coming days, just chill and relax then. BTW I wanna back into the boat.. Pls drop more!!!
i think it will continue to drop too, so for those who want to bottom fish, can still wait, next 2 weeks the market will be very bad I guess. But this is one of the good counter you should bottom fish, when market turn arund, it will fly.
Malaysia market crash. USD 1 equal rm 4. singapore 1 dollar equal rm 3 very very soon. 1MDB cannot settle till year end. Comment by TUN so it might drop below 28.5 or next resistance 23.5/ Believe or not !
Warren Buffet wise investing.. Get greedy when everyone is fearful Get fearful when everyone is greedy. Time has come to slowly start nibbling once again on Bursa. Have fun .....and see the seed turn into trees and bear fruit.
Somebody manipulating the price from going up...throwing 100-500 shares evrytime it moves up .005 cts. These guys want to buy cheap! Prepare for goreng once they collected enough!
in the last quarter, sales for hardware (ATM/CDM) machine increase drastically probably pre-GST buying frenzy. These machines requires software which will be the recurring income forward. The more they install those machines, the more income they get from software subscription. Their potential is huge considering that currently only two banks are using their machine, in which we have another 6 local banks in Malaysia and few subsidiary foreign banks. If I not mistaken Maybank and CIMB has used their products and imagine these two banks used the same products for their subsidiaries in Indonesia, Thailand, Singapore too name a few. It reduces the downtime especially during holidays when conventional ATM running out cash or CDM is full with cash. Excited to see Q2 result, which I believe will be good. Collect while it is still cheap..
hi kakijudi, their recurring income is around 80% from software business. Their revenue for software (due to the ATM/CDM machine) has been consistently around RM 8 million per quarter and higher than hardware business. Last quarter revenue was exceptional like I mentioned in previous post and some revenue (about RM13 million) has yet to be recognized judging from their receivables. Q2 will be good, plus expected dividend too.
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Posted by tkp1 > 2015-06-10 21:31 | Report Abuse
aiyoyo, why you so square one, things can change, strategy have to be modify accordingly, now I know why you can't make money, hihihi
You keep on pressing on those counters, let's wait and see lah, don't be so short sighted lah, boy, to make money, you listen to uncle tkp1, need patience one, hihihi