The sports app will allow Mpay entry into e consumerism, launching a platform for possible whole spectrum of e retailing like Alibaba or Ebay. Could be this part of the Digital Free Trade Zone to be launched by Jack Ma this month?
The set up of Quickash means Mpay is directly in the money lending business under its P2P flagship. Consider it peers in this business...Aeon Credit (RM 15.72)and RCE Capital (RM 1.64)
beerbeer88, u sure ah never direct with mpay before? go to supermarket n u will see at the counter, the debit/credit terminal will either be Mpay or GHL system.
Bull13 is right, mpay got license for money lending business via their P2P license. And if you still skeptic about P2P, check out modalku ventures P2P platform. They just recently launch their P2P platform and already got 100% subscription for the projects that they r promoting.
The Mpay terminals are doing well in our supermarkets. Their e-payment system is gaining traction.
Jack Ma is scheduled to talk at the Malaysian Digital Free Trade Zone tomorrow with our beloved PM. Mpay is one of the companies that will benefit from the launch of this e-commerce thing.
That explains why the share price of Mpay shot up this morning, on the eve of DFTZ launch. Now consolidating at 26.5-27 sen but this afternoon will shoot up again.
As someone recently mentioned, maybe those with connections know of the good news and are buying today.
@Ryan88 , because some people see profit cannot tahan must sell, some people aim big will hold. That's why we have day trader, short-term trader, mid-term investor & long term investor
pundekman, sorry for my vague range of TP. OK, i'll try to explain: TP1=30 sen - over-ran briefly this morning; TP2=40 sen - hopefully achieved today, tomorrow or the duration of Jack Ma's stay in Malaysia; and TP3=50 sen - hopefully reached after 1 -2 weeks of Jack's exit.
Many stock traders want to capitalise on the visit of Jack and his relationship with DTFZ but very few stocks such as MPAY will actually benefit. This counter has all the right moves and looks.
kelvinfixx, yes because of MPAY and other attractive stocks you guys in Malaysia will experience more sightings of me, more frequent than in Las Vegas...
Oh well, I should have said my short-term fair value of Mpay should be in the range 30 to 50 sen. This should be a realistic dream given the so many good and uplifting news now.
arnabputih ... read the ann carefully. the MOU was announced last year with 31st march as deadline. they released statement today saying no decision has been made. So ...
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....
Bull13
1,100 posts
Posted by Bull13 > 2017-03-06 23:50 | Report Abuse
Mpay into badminton now?