Summary, after reading my own reply to Wraith, we all were screwed and effed since 26/5/2014. In conclusion: To be an idiot or not to be an idiot: That is the Question.
Since MPAY is just a small listed company. MPAY shouldn't just make the share holders happy for them to buy at lower price. When the investors are pissed for investing on MPAY's share, investors can easily let the price drop like nobody business. We, as investor, expect MPAY to show us the value that MPAY share is worthwhile for us to invest. Never assume investors are idiot. We can push up, and we can pull down. Just my humble opinion. To listen or not to listen. That is the question.
optimuss, good morning to you. As an investor, I don't serve MPAY. They should serve you and all the investors alike who invest their hard earn money into MPAY's share for a better future. Something like we pay taxes, the gov is our servant and work for us. (I must be dreaming). Since MPAY was/is letting the share price to drop, so that their shareholders collecting cheaper price and earn more. As an investor, should we sell lower price to them? That is the question.
Why should I and the rest of investor should push the price up? Since MPAY isn't help out, just let it drops to hell for all we care.
I suggest u focus on just a few TA that is suitable for u and that particular stock. Too many TAs will cause confusion on the signal that has been given.
dun think news out.. else it will be higher volume and steeper.. just that the TA for this went to a low and some signs to buy in.. collectors are collecting and the crowd is following... once the crowd realise its not news related.. it will subside..
based on my past experience dealing with government, they easily take 6 months to make decision, some could even drag for a year. it's too optimistic to say the contract will be rewarded within 2 months time, highly impossible. some more now is puasa month, better not to have high expectation that it can be concluded in July.
Base on the the chart atm, who those buyers who buy in 0.245 and 0.250 better pray for uptrend if not ur cash stuck in again lol.... Just 5000 lot volume trade from 0.23 to 0.235 only.... By the way I m still waiting it drop lol....
Hi MC88, since you're going to meet them, can please check with them when will be eTRS tender result announce? At least we want to know in which month...
Everytime there is a plunge in share price or delay in project announcement, tons of joker will come out and claim they work in the company la and all sorts of nonsense . Happened at Dsonic and now here
all are bullshits , do your homework and set your target , use your hard-earned money intelligently not short cut like contrarians which u will regret for life.... look like small sharks r coming to suppress the price resistant at 25c , selling in millions....wow!
Tak kisah aku keje sini ke tak.. aku bukan mintak u beli ker jual... aku mintak mamat tu jumpa sapa... bagi initial jer bro.. percaya tipu siapa lagi bahaya?
Had d meeting today. All I can is that the company has lots of potential and pipelines wish they plan layout with or without etrs. No quick money here. Only patient investors will be rewarded.
Sorry to say Mpay did not make it to the list of certified GST companies released by Customs Dept. only 4 PLCs out of 56 companies made it... IFCA, Edaran, Censof and Goodway Integrated.
If I am not mistaken, the Customs Dept approved those companies for their software application that is GST compliance. Example: Accounting, Point of Sales, and other software application that calculate GST. As for those companies that are not yet compliance to the GST, they have to redesign to meet Custom's requirement.
As for any company that need Custom approval, those software must be fully tested by them. One of the test is very simple. The software must be "IDIOT PROOF". It means the software developers have to design and assumed those Custom's officer have NO ideas about computer and GST's approved software. Again, Accounting software. It must be designed in a way, with less than 10 keys or less stroke to access the GST information for the Custom's Officer to see and print.
I have to assumed that MPAY does have some software application on their hand that need GST. Therefore, whether MPAY getting the TRS will not be an issue.
TRS is another different beast and another story of life.
Thats why. I am quite confused with bull13's statement. Probably full of bull? For eTRS, theres already a shortlist of 4 companies, Mpay, Iris and the other 2. While this bull13 keep on mentioning gst software. Do you really know what ur barking about bro?
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....
nomanland
3,221 posts
Posted by nomanland > 2014-07-02 00:21 | Report Abuse
Summary, after reading my own reply to Wraith, we all were screwed and effed since 26/5/2014.
In conclusion: To be an idiot or not to be an idiot: That is the Question.