if seen will be down again? No any positive trend? sales come out and out.... compare with iris that have a very strong support at 0.38 may be afternoon will move up and green??? Iris get tris contact?????? Today still a lot of ppls go in for iris.
Mpay look like more stable than iris in terms of price..i hope my informer right in this counter coz iris is like deadwood now..hope tomorrow iris will green..
For me thats positive sign, he disposed at lower price..meaning they intentionaly to push price down on friday to let "somebody" collect at lower price...
I think something positive will happen soon
Some more director chew will get back a numbers of shares after ESOS
Looking at competitor(iris) price today is a huge indication that Iris hav not secured the contract.
Same opinion with reccka..positive signal..just guess etrs winner announcement just ard the corner...this huge collector will appear together with the annoucement..
Bro ran777 i dont convinced retailer collect all..as you can see on friday morning price already gap up..then suddenly within 5 minutes i think it turn red
After up 3 cents than price turn red and heavy rumours in the market that day mention mpay didnt get the contract no retailer will touch this counter in friday after its turn red with high volume
I dont think it Dato Dahlan collect but somebody else, to keep the price up for many day someone need quiet huge volume in the market( i dont know how to explain this but this type of strategy usually used by so called "shark")
Maybe contract already in hand and next step is coming
This is only my opinion..im sticked to it...
There should be anytime now for ESOS to be implement..lets see
Thank bro reccka. I hope to see Mr Chew collecting again or replenished by Esos. I pray for the Big News to be announced soon.I agree to your statement that some big gun is there holding to the huge volume.
Why should Mr Chew sold such a big amount of shares if he knew that his company is getting the contract? Do u think u will do that ? Me off course no. Trade at own risk
It happenef before. Mr.Chew sold off apercentage of his stake to open market and later collected shares from open market. Eventually Dato Dahlan appeared to be a substancial shareholder (bumi) in mpay.
Even mr. Chew know about the result etrs not for mpay then he want to close shop ka????jual all his share then jump into parit???or go to genting to make big profit there..
working with partners from the north might be more favourable vav the competition's westerners. easier response/support too with just 1 hour time difference. if kastam considers these that is. personal view only.
As we know CCS buy 15mil share through married deal at 0.29, the question why CCS not sell his stake when the price is at peak on friday? We can assume "somebody" collecting
To get the contract there is condition must be fulfilled to be eligible for the award..but once they seal the contract then off course they will loosen up their holding and i think 10 million share is not big deal for this big guns
Today also if we analyse there are parties collecting warrant at 0.16 and mother at 0.26-0.265 even though the volume today is not so high.
Thats the way i see it..im not saying im right..its only my opinion and i have good feeling bout this
Reccka, i agree with what you said. It does seem weird for ccs to dispose his shares now. On the other side, TA had revised the target price and advised Sell. That seems to be gearing towards something. My personal take is that 0.26 seems like a pretty good support to me. Hopefully it wont drop below that before the contract is announced.
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....
Canonpreview
283 posts
Posted by Canonpreview > 2014-09-02 10:21 | Report Abuse
when u wana come down ? i wish to collect u at 0.2