Hugh Profit lost is in the quarter report, fact is fact, it is also a fact for investor to analyse how well the company is doing, to influence how much he should or not to invest in a company.
MPAY no need see profits one, because GOD madiba said so, let see a bunch of businessman from the private placement can turn it to profit with a click of mouse.
Guys, lets use today and tomorrow as a bench mark. If Madiba is correct, there should be an announcement this by this week as mentioned. Otherwise, will give kelvin as thumbs up.
This is just my own view, strong sell for me. I felt that last few months many small little announcements from MPAY but little profits, less then a million? How can it worth more then 0.20? price at 0.18 is already a premium. But who can predict 100% right, 50/50 for me.
The private placement already took place successfully. But is it something to shout about? I don't think so. As I said before, when a company is doing private placement and ESOS together, you better be careful.
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....
vogger
17 posts
Posted by vogger > 2015-06-02 11:56 | Report Abuse
Since MPAY in expansion stage, will CAPEX recorded high? if yes, the upcoming Quarter report result will be pulling down?