Yes Arnabputih & Dorian, the Bursa announcement by Mpay dated today states that no decision has been made on the MOU with Credit China FinTech which will expire on 31 March. But that also means that positive things could materialise in the ten days from now.
So with the buzzwords of fintech, e-commerce, e-payment, China connection and Jack Ma I predict Mpay will shoot up soon.
can limit up.....? Approved Permit (AP) Application for the Importation of Vehicles and Heavy Machineries through the ePermit System, Effective 1st April 2017
“We believe that in this Internet age, it is extremely easy to reach out to people through the social media and the availability of the new cyber-tools to reach investors has given rise to unscrupulous operators of pump and dump,” said Bursa in its industry communication letter. Bursa said operators would often post their own researches, make unsubstantiated statements, promotional news or hearsay to gain the confidence of their followers and lure them into following their stock tips.
“The false or misleading statements regarding the stock are spread while the operators are accumulating large quantities of it or have it accumulated earlier at a much lower price,” said the stock exchange.
Bursa said the operators were persuasive in the chatrooms to entice people into buying the stock with the end goal of running up the prices.
The stock exchange spelt out other methods used to generate interest, which included order stacking or layering, slicing of orders into small quantities to give an appearance of active trading as well as aggressive buying and selling.
“These parties could have multiple accounts opened and operated at a broker or brokers, as well as online trades in creating a hype of activities to attract others to come into the market,” it said. When the stock price is pumped up due to an increase in trading volume, the operators behind the schemes will sell their stocks before the hype stops.
“The exit of the operators will cause the price to plummet while innocent investors who bought high and sold low will lose their money,” it added.
MPAY is a provider of end-to-end electronic payment (“e-Payment”) solutions for banks and financial institutions, merchants and card issuers with operations in Malaysia.
1. MPay +Pro (payment process to a new level of mobility and convenience. Merchants can accept Credit, Debit and Prepaid card payment anytime, anywhere from customers with mobile devices) 2. EDCPOS (applies to counter top payment that enables the acceptance of Credit, Debit, and Prepaid) 3. IPOS (connect MPay payment solution to your existing Android or IOS mobile application or even websites) 4. ECPOS (is a compact Point of Sales solution which is designed to cater point of service businesses and Retail outlets)
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....
comecome
12 posts
Posted by comecome > 2017-03-21 14:44 | Report Abuse
haha