tq madiba/bullbear for calling to buy mpay recently at 26.5sen..sold today at 29.5sen for the 7th round of profits..for one or two who just dont know how to make money here, pls quit the game or mpay so that u dont have to continue grumbling here..it shows poor character n bad taste like it is feces... waiting for the next madiba/bullbear CALL to reload for the 8th round..dont miss it.. wakakakakkkk
Wow. chill Eddie. Invest based on your own risk. Dont blame others. There is always 2 sides of story. If you read previous comments, there are people who always against Madiba and gang ba. But since you decide to ignore those who go against, why borther to complain now? hehehe
haiya relax la guys,warrants will cease trading on 22/7,next Wednesday,that's why they r pressuring those warrant holders who r not willing to convert to mother to sell at lower prices n at the same time they r buying low at these prices lor.very likely this trend will continue till next Tuesday,can consider buying the warrants + convert on Monday/Tuesday. just my thoughts,dun kill me pls!!! :D
vacuumed the warrant at 6.5sen, to be converted into mother = entering from the rear at 26.5sen..looking for the 8th round of profits in 2015.. tq madiba/bullbear
finally mpay's rise is justified...since Iris is starting to go up today, like I said, unless Iris goes up, Mpay's rise can never be solidly justified since both are linked to one another. Today's food for thought.
.. such an easy entry at 26.5 and looking at a paper profit of 3.5 sens with todays closing. My bet is it will def be above 30 come early august…. dare say 7.5 sens. wooo weeeee..
Good morning everyone. Status update 22 July 2015.
The placement shares of which Datuk Yvonne Chia and related parties to Silverlake Axis holding approximately 30% equity in Mpay were listed yesterday and as mentioned before I do not see any major profit taking from them moving forward.
Further Mr Chew emerged as a major buyer of the warrants accumulating 13 million warrants for conversion before expiry. The total warrants bought for conversion by insiders is estimated at around 80 million before expiry bringing in another RM 16 million cash into the company on top of RM 29 million raised from the placement shares. Thus total cash in the company including clean receivables is estimated to be circa RM 55 million with zero debts.
Status :Cash rich with new reputable banking shareholders.
A cash rich company in the hands of new major shareholders who are highly reputable bankers and finance technology infrastructure experts will not sell out at only 30 cents. The stock is in play and undergoing a business transformation into a finance technology counter.The smart money are still accumulating before the real upswing begins once the value creation gets noticed by small cap institutional investors. My personal short term TP is 40 cents once the Bursa index starts recovering. Downside is limited to 26 cents. Longer term ie 2-3 years I am looking at RM 1.20 - RM 1.30 once clarity on the new earnings stream flows through with the Silverlake tie up.
As a comparative benchmark Mpay has strong historical correlation with GHL stock price movement (technical stock traders please confirm) being in the same generic payment sector thus it will be wise to keep an eye on both. I have built my positions on both Mpay and GHL since beginning of this year to outperform the Bursa index and has been well rewarded thus far. There is no reason to change my position and am looking to increase my exposure on any short term weakness,
JamieC, of coz. But enough excitement for today. Everytime i make money, i'll make sure to stay away from the stock market for 3 days. Calm myself first before entering again. If not sure sangkut coz too kiasu.
Thank you madiba for the precise explanation and insights to mpay. With bank negara's backing to promote epayment in Malaysia, mpay's long term strategy is moving towards the right direction. Once again, Terima kasih!
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....
kelvinfixx
1,246 posts
Posted by kelvinfixx > 2015-07-15 15:23 | Report Abuse
I thought Bullbear vroom vroom coming.