If one have been watching this counter then one would have deduced long ago that this counter can only move if there is a corporate exercise. Nothing else.! Current Management is bullshit , current Board is bullshit, lots of air and MOU's. Nothings else. When AGM comes again. its going to be same ol same ol.
With strong candlestick marubozu and formation cup and handle, tml will head to north. I guess madiba and bullbear777 will appear and shouting. Last time Madiba give TP at Rm1.30 with this corparate exercise. Remember below 23 sen stilla attractive price.
so when do you want to fork it down again? or either you are and retire oldman/aunty, you post a lots of negative comments in this stock. Do you really investing stock or you are just too free doing so?
If you have genuine comment then do not delete it. Let the reader judge. Unless you are working behind the scenes for your preferred parties. Enough said.
The reader are not blind, true. Kept on spreading bad news around will not done any good for others. Sitting on the water closet & kept continue your own observing.
Year 2017 is the year of Digital Economy, E commerce, and Cashless payments. Jack Ma will be here next month to launch Malaysia Digital Economy. The next driver of economy into 2020.
oh puleeezzz. ask mdec, on the quiet, if my economy is ready for dig economy n the answer will be a resounding No. we don't have the size, even the basic infrastructure .... it will take another 2 years minimum to be of any consequence. a look at history will tell you. when we launched MSC ... korea and taiwan etc was no where. we had the foresight , we had the will n push but sadly when politicians businessman got involved ... when glc's and certain race extracted their requirements , it was a goner.
so what is so different now ? same shit. same arseholes at the top. same old game, only by another name.
The reality is, our country's population base is relatively small, ie abt 30 mil only. Hence won't b sufficient to have a domestic market that support e pay, e commerce, etc etc. In contrast, China is so big with 1.4 bil population. Their e commerce is thriving. USA of course is another success story. Even Indonesia has good potential with over 240 mil population
Dorian, i think you're belittling the fintech arena. FYI, SC has been handling and regulating the P2P space quite well. Look at all the P2P operators approved by SC, there's no political influence at all. And mind you, when there are so many hurdles to get facilities from the conventional banks, guess where small businesses will turn to for credit facilities? P2P
with due respect saristriya, we have been jumping from one industry keyword to another in the past with nothing substancial to show for it.... even after spending millions to support "key" players. Biotech, big data, now fintech ... blockchain ...
hi sarisatriya , can you exactly explain to us which P2P operators are making good money now? The market in Malaysia for P2P is too small for these operators to be profitable. No one is willing to fund these small risky companies via P2P. Furthermore, these are small companies with very little opportunity to make big money out of it. Once they grow bigger they will abandon P2P platform and obtain loans from banks. Our Msian economy is not like China. We, retailers, don't have sufficient liquidity to fund these companies. Agree?
Dear wise eye, return for investors are guaranteed. Its like a mini bond market. Riskiness of companies obtaining financing via P2P can be determined according to their ratings, which is a mandatory requirement for P2P operators.
Yes, u may be right to say that the SMEs may abandon P2P once they get bigger. But look at the banking sector now, they have tighter and stringent underwriting standards, and this would persist for quite some time.
P2P is an alternative investment vehicle for retail investors. I'd bet everyone would like to get fixed returns that are higher than banks' FD rate.
If no one is still convince on P2P, try checking out ECF operators that are already in operation. Then only you'd come to realize SC's effort in boosting the fintech market. If you are still not convinced, try checking out ethiscrowd.com, its an ECF company based in Singapore with a commendable success rate. And they too have been granted a P2P operating license in Malaysia.
Hi Sarisatriya. You sound like somebody that came on a radio talk show before like BFM or something. I could almost place you . Lol. were u with pemandu ?
Anyway I believe when the sandbox thingy conducted by SC was concluded , one of the main messages was this possible requirement to be working hand in glove with banks. Yes ?
My main message is that we just don't have the necessary key building blocks / environment in place that will drive fintech companies healthily.
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Posted by hisehatu > 2017-01-05 16:20 | Report Abuse
Fly now!! what happen? any rumors?