opensys would make rm 8 million profit this year. without the hoohaa of TRS CGT etc. with a paid up of 220m and no warrant. Mpay has double the paid up plus warrants. its profit? hardly rm 1 million for this year.
do your math. goreng is over now back to earth. 20c is overpriced.
opensys and mpay are in different league. Opensys's solution represent present time (atm ; cash/chq deposit m/c ) but mpay solution represent the future ( point of sales - cashless transaction ) Malaysia is striving towards a developed nation....... so as ItikMuda put it "jangan bimbang". AyamTua might likes GHLSys better.
how much do u get from fd? 3.3% a year. that is exactly what opensys is paying u if u get it at 30c. they have been very generous in paying dividend. what do u get from Mpay? a dream, that it will get TRS and cashless transaction deals. what is the odds that Mpay dont get anything from TRS?
one is proven, another one is just a probable future. with the share price punishment if they dont get it, or get it but unable to manage it.
I agree with you on your point of view @Optimusprime but I am looking beyond FD rate. If Mpay does not get TRS deal , it would just mean that Mpay is not good enough or may be she has the technologies but does have the connection. However, we cannot deny the fact that mobile cashless transaction is the future and it is here to stay. I went to shanghai late last year. I use the atm transaction once only at the airport to grab some cash and bought a cash card and I use this cash card countless times... for subway .. taxi and even groceries transactions. I believe companies like Mpay/GHLsys/OpenSys charge their customers through frequencies of electronic transactions.... , so if you look from this perspective , you will understand which companies have a brighter future....
Remember , investor buy a stock for its future..... Is Mpay going to stay and be one of the major player to popularise the mobile transaction in Malaysia ? This is the only thing that I wasn't sure
tornado. shanghai is very advance. here we r still stuck with Touch n Go card that is not accepted in 99.0% of the shops and places. Touch n Go card is a controlled monopoly card in bolehland. u cannot or very difficult to come out with a viable and acceptable alternative.
see what has TnG card developed over the last 20 years? nothing has changed, even the logo is same boring stupid design.
all the call about moving into cashless society...make a visit to the rural area and u tell me how important is cash and ATM....
and i bet it will stay more or less the same in the next 10 years.
he only come when down.. he wont come to say anything here when up.. means he asking those weak player to sell or cut loss.. easy to make ppl loss..hahaha.. wee..bila mau belanja ni..
Almost 3wks, down trend.....position is oversell now......normal reaction.We still need to be careful....it it get to abv 30 cts by Friday, we hv great hope to win again
I think that DREAM may b get some news know that mapy will up soon so he come to spread some negative comment let ppl panic sell and cut loss so that he can keep collect at low price...
yesterday, it was oversell......today, its neutral again......i think its a just technical rebound.. No solid direction but likely another downtrend. The upcoming agm cld be inresting..
sharks or stalled bulls are waiting eagerly to unload at 29 cts@ 1.3 million shares... either to cut losses or making some margin after bought low earlier.
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....
optimusprime
1,149 posts
Posted by optimusprime > 2014-06-04 19:49 | Report Abuse
opensys would make rm 8 million profit this year. without the hoohaa of TRS CGT etc. with a paid up of 220m and no warrant.
Mpay has double the paid up plus warrants. its profit? hardly rm 1 million for this year.
do your math. goreng is over now back to earth. 20c is overpriced.