Posted by nitestayer > 2014-12-12 14:21 | Report Abuse

@ madiba - thumbs up :)

Posted by pzul > 2014-12-12 16:55 | Report Abuse

Mpay not drop...but most of klse cntr turn up side down...very bad situation now.. :(

Posted by madiba > 2014-12-12 17:37 | Report Abuse

Interesting week. Here are the statistics for week on week close:

Week on week: Mpay down marginally to 19 cent from last friday close of 19.5 cent whilst GHL down 1.5 cent to 70 cent from last friday close of 71.5 cent. Interestingly there were 3.3 million shares buying at 19 cent at the close, quite a sum considering this market is not for the faint hearted.

The bears having a field day with most O&G counters getting ripped including all leverage instruments like warrants . Mpay-W is no exception down a whopping -18% or -1 sen to close at 4.5 cent. As I have said earlier when it was still trading at 7 cent, looks like it will get to my fair value of 2.5-3 cent fairly quickly assuming the mother shares remaining at this level.

I wonder what happened to all those boisterous talk about buying up the warrants earlier on by a few contributors here? As I said many times before stay out of the warrants, it will literally make you broke in a secular bear market.

Have a great weekend and expect more filings by the major shareholder. I doubt he has stopped buying as this downturn is a great opportunity for him to accumulate back. As for me I am ready to take a hit all the way down to 16 cent to improve my average.

Posted by madiba > 2014-12-12 19:00 | Report Abuse

Wow a whopping 2.5 million purchase filing by Mr Chew. That is a good sign....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1824413

And increasing his buying activity too:

http://www.klse.my/stock/insider/director/acquisition/0156.jsp#stockDetailDiv

Cumulative 4 million mother shares bought this week compared to only 1 million the previous week. This is a green flag that the accumulation process has not stopped but increasing. However zero buying on the warrants which we all know why.

Posted by kelvinfixx > 2014-12-12 21:49 | Report Abuse

No warrant bought by Chew, because he has too much la. Warrant !!!! BUY!!!!!

Posted by kelvinfixx > 2014-12-12 21:55 | Report Abuse

What madiba said is right, nothing worng. He has his style, me got my style. Different people different style. MPAY ^^^^^^ Warrant ^^^^^^^.

Posted by madiba > 2014-12-12 22:54 | Report Abuse

@kelvinfixx unfortunately the factual filing to Bursa shows Mr Chew completely sold off all his warrants way back on 29 August @ 16 cent and has not bought back since.

Mr Chew will need to file in his direct and indirect purchases and currently has zero holding in the warrants. Please see below:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1729533

Posted by 1star > 2014-12-12 23:29 | Report Abuse

What I said yesterday are proven, Today start fall, next week Mpay turn to free fall

Posted by 1star > Dec 11, 2014 09:05 PM | Report Abuse X
Many counters already drop kaw kaw, next week Mpay turn to drop kaw kaw, sharks will sell off

Posted by bracoli > 2014-12-13 06:41 | Report Abuse

Free fall mpay delisted?

Posted by bullbear777 > 2014-12-13 09:37 | Report Abuse

1star dan bracoli terima kasih. I memang tunggu bila freefall muahahaha. Saya suka beli saham bila free fall. Saya ada banyak cash sekarang tunggu peluang macam ini. Volatility is my friend hehe, dah lama tunggu tapi next 2 minggu is perfect for traders like me woohooo.

Bukan saja ini banyak lagi kaunter ripe for trading buy bila jatuh mendadak minggu depan. Penuh list saya. I am back to pick up the pieces muahahaha. Syiok nya minggu depan, cepat jual pada saya yay!

Posted by pzul > 2014-12-13 10:27 | Report Abuse

Hai bullbear..lama tak nampak???kongsi la dgn saya ape ada dalam list tu..saya cash ada sikit jer..takde effect pun..hahaha...

Posted by bullbear777 > 2014-12-13 10:50 | Report Abuse

Wah banyak ooo. Let the sellers takut dulu...fear selling is the best time to buy muahahaha like next week tapi timimg itu mesti ngam ngam. Tunggu saja brother bila saya masuk I akan beritahu ok. Sudah lama saya tunggu berbulan bulan semenjak Ogos.

Posted by bracoli > 2014-12-13 11:27 | Report Abuse

Pak bullbear777 kasi gua tau jugak ye.

Posted by pzul > 2014-12-13 15:38 | Report Abuse

Macam ni baru best bullbear..saya tumpang kapal u saje..hehehe..

Posted by eastlands > 2014-12-13 19:41 | Report Abuse

welcome back bullbear - question please....if mpay-wa were to fall to 3-4c would u consider buying?

Posted by bullbear777 > 2014-12-14 00:28 | Report Abuse

@eastlands sorry brother warrants semua bull market instrument bukan bear market. Ini kan bear market jadi saya pun avoid warrants sebab volume elek dan lagipun expiry terlalu dekat. Ada banyak kaunter murah bagus yang ada liquidity dan rebound lebih cepat daripada warrant. Tapi kalau mpay-w jatuh pada paras 1 sen dua minggu ini saya beli muahaha.

Posted by eastlands > 2014-12-14 19:22 | Report Abuse

@bullbear - many thanks 4 yr sound advice.....fear factor has indeed set in.......and mpay may not be spared.......unless Mr Chew has deep throat....oops sorry!.... i meant deep pockets....my humblest apologies

Posted by bullbear777 > 2014-12-15 09:46 | Report Abuse

Boring lah Mpay ini tak jatuh teruk pun. Saya nak buat supermarket sweep pun tak ada fire sale aiya! Teka teki apa stock yang saya baru masuk round 1 yang ada fire sale woohooo

' Sekarang 52 sen saya baru masuk round 1. Kalau Quek sama Poh masuk RM 1.35 dan last round 80 sen apa saya nak takut. Holding power is king saya boleh tunggu 1 tahun market recover Alam naik balik RM 1 muahaha untung 100%.

15/12/2014 09:34 '

Hehe mustahak ada duit untuk round 2 and 3 muahaha.

Posted by bracoli > 2014-12-15 10:11 | Report Abuse

dispose!

Posted by bracoli > 2014-12-15 17:08 | Report Abuse

dispose more

Posted by bullbear777 > 2014-12-15 17:21 | Report Abuse

Yay dapat beli round satu 17.5 sen.

Posted by madiba > 2014-12-15 19:52 | Report Abuse

@bullbear777 your trading timing is better than mine.

I will continue to buy on this slide. When the tide is going down all boats will go the same regardless but am comforted that at least the major shareholder Mr Chew is still buying today instead of selling.

Another 1 million mother shares bought today by Mr Chew at prices ranging from 17.5 cent - 18.5 cent. None on the warrants.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1826045


The across the board panic selling has set in and those selling today obviously have lost money at these prices. As for me my cumulative average after buying another round today is now 19 cent.

Posted by optimuss > 2014-12-15 19:53 | Report Abuse

soon 10c.

Posted by madiba > 2014-12-15 20:24 | Report Abuse

@optimuss having deep pockets at these times helps. Thank God my pockets are really deep with a stronger pound hedge. History has proven who was right in selling back in late August and history will again show who was right in buying in mid December. You can never sell at the highest nor buy at the lowest. Good luck to all.

Posted by optimuss > 2014-12-15 20:26 | Report Abuse

huh?? u talking to me?

ok. u have deeep pocket, congrats. what abt those who are stuck at high?

Posted by bullbear777 > 2014-12-15 20:38 | Report Abuse

Encik optimuss saya pun jual beli ikut madiba tapi saya lebih cun daripada guru sebab saya trader haha. Besok turun lagi saya makan lagi round 2 Mpay, Alam, GHL, MRCB, MMSV, Censof, Uzma dan Bonia. Minggu ini saya banyak lapar boleh makan hari hari bila saham turun sebab saya sudah tunggu lama daripada bulan Ogos sampai sekarang baru beli. Syiok nya panic selling saya beli muahahaha tapi jangan ikut sebab nanti you sakit jantung tak tahan gelora.

Posted by eastlands > 2014-12-15 22:17 | Report Abuse

nice to know the 3 gurus are all here madiba,optimuss,bullbear. guru optimus - what are the chances of mpay touching 10c....wd just like to know your personal opinion TQ

Posted by optimuss > 2014-12-15 22:18 | Report Abuse

99%

Posted by optimuss > 2014-12-15 22:18 | Report Abuse

sorry....99.99%

Posted by madiba > 2014-12-16 00:04 | Report Abuse

0.01%

Posted by nitestayer > 2014-12-16 01:35 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1826033
Announcement Date : 15 Dec 2014 - DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS):DEALINGS OUTSIDE CLOSED PERIOD

on 15/12/14..... Mr. Chew snapped up btw 0.175 & 0.185

Posted by bullbear777 > 2014-12-16 07:25 | Report Abuse

Round 2 makan buffet hari ini bila jual murah . Tekan turun makan cukup cukup. Harap Chew tak beli lagi, kacau saja.

Posted by bracoli > 2014-12-16 08:00 | Report Abuse

bullbear777 xde kaunter lain ke selain mpay?

Posted by bullbear777 > 2014-12-16 09:02 | Report Abuse

encik brocoli semalam saya pun dah post lah pada encik optimuss..........

Encik optimuss saya pun jual beli ikut madiba tapi saya lebih cun daripada guru sebab saya trader haha. Besok turun lagi saya makan lagi round 2 Mpay, Alam, GHL, MRCB, MMSV, Censof, Uzma dan Bonia. Minggu ini saya banyak lapar boleh makan hari hari bila saham turun sebab saya sudah tunggu lama daripada bulan Ogos sampai sekarang baru beli. Syiok nya panic selling saya beli muahahaha tapi jangan ikut sebab nanti you sakit jantung tak tahan gelora.
15/12/2014 20:38

Posted by eastlands > 2014-12-16 09:04 | Report Abuse

@optimuss@madiba.....many thanks 4 yr opinion

Posted by eastlands > 2014-12-16 10:30 | Report Abuse

I am still waiting for the right time to enter Mpay......still a lot of stalebulls and blood on the streets

Posted by bullbear777 > 2014-12-16 10:30 | Report Abuse

Saya masuk round 2 GHL di paras 60 sen yay!!! Average sekarang 62 sen . Ada bullet lagi untuk round 3-5 minggu ini.

16/12/2014 10:24

Posted by bullbear777 > 2014-12-16 10:54 | Report Abuse

Alam saya sudah in the money semalam beli 52 sen yay!!!

Dec 15, 2014 09:34 AM | Report Abuse

Sekarang 52 sen saya baru masuk round 1. Kalau Quek sama Poh masuk RM 1.35 dan last round 80 sen apa saya nak takut. Holding power is king saya boleh tunggu 1 tahun market recover Alam naik balik RM 1 muahaha untung 100%!
16/12/2014 10:49

________________

Sekarang 56 sen yayyy!!!

Posted by pzul > 2014-12-16 11:18 | Report Abuse

Bullbear..mmsv ada masuk tak??

Posted by bullbear777 > 2014-12-16 11:30 | Report Abuse

@pzul mmsv round 1 sudah masuk 43.5 sen semalam tapi round 2-5 belum.

Posted by pzul > 2014-12-16 11:47 | Report Abuse

Bullbear...sampai 5 round mmsv?? Mcmana mau follow nih?? Saya ada 2 round jer..hihihi..ok..thanks..will slowly2..

Posted by star7 > 2014-12-16 11:50 | Report Abuse

Tambah sikit

Posted by bullbear777 > 2014-12-16 11:59 | Report Abuse

Boring betul mpay ini pukul 12 pm dan petang ini saya tambah kakaka

Posted by bracoli > 2014-12-16 12:18 | Report Abuse

bullbear777 biar btol u ni

Posted by star7 > 2014-12-16 12:35 | Report Abuse

Ok lah mau pergi makan

Posted by Jackychanbv > 2014-12-16 21:06 | Report Abuse

Ordinary Shares of RM0.10 each

Name of Director
Date of
Acquisition
Price
per share
Number and
Percentage
of Shares Acquired
Number and
Percentage
of Shares After Acquisition
Direct
Indirect
Direct
Indirect
Chew Chee Seng
16/12/2014
RM0.175
150,000

(0.037%)
-
117,153,838

(29.094%)
100,000*

(0.025%)
Chew Chee Seng

16/12/2014
RM0.180
850,000
(0.211%)


-
118,003,838
(29.305%)


100,000*

(0.025%)

* Deemed interested in the shares held by sister by virtue of Section 6A of the Companies Act, 1965.

This announcement is dated 16 December 2014

Posted by pzul > 2014-12-16 21:17 | Report Abuse

Mr chew keep on buying...hope good news coming soon...

Posted by Jackychanbv > 2014-12-16 22:02 | Report Abuse

I thing many good news no go out again...

Posted by madiba > 2014-12-16 23:01 | Report Abuse

All right boys and girls lets do some serious analysis. Mr Chew has bought another 1 million mother shares today average 18 cent.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1827301

In total he has bought a total of 7 million mother shares since beginning December in despite of the market downturn and zero buying on the warrants. Lets just deduce that he intends to buy everyday so how many shares can he buy to offset the selling pressure??

The analysis is really quite simple. He sold a total of 2 million mother shares @ 30 cent and 10 million mother shares @ 26 cent way back in August netting him RM 3.2 million. In addition he has completely sold off all his warrants ie 17.5 million warrants @ 16 cent netting him an additional RM 2.8 million. Total RM 6 million cash fund for buy back which he is undertaking now.

He has to date bought 7 million shares@ average 18 cent costing him RM 1.26 million.
Therefore he still has the capacity to buy another (RM 6 million - RM 1.26 million) = RM 4.74 million worth of shares.

Assuming an average entry price of 18 cent that means Mr Chew can still buy an additional
26 million mother shares. I think his buying alone will absorb all the panic selling because 26 million shares is a lot of potential buying pool.

All these buying points to something major. Something to highlight in addition to that is if he buys another 14.48 million shares he will come very close to triggering the MGO level of 33% under Bursa rules. Food for thought.

Low tide grounds all ships but only a few can sail into deeper waters. I am confident this Mpay boat can sail into deeper safer waters even though at times on certain days it may hit ground for a while due to the market low tide but eventually it will rise and sail through. Good luck everyone.!

Posted by Grace Cheong > 2014-12-16 23:54 | Report Abuse

Madiba where did u see mr chew bought 1 million share today? Coz I can't find in announcement