Posted by wotvr > 2017-07-21 23:38 | Report Abuse

Hmmm. According to jobstreet review by employees of MPAY. It seems to suffer an issue with the management. They're too old school and family-based to be a decent tech company. Still hope they can do something good with the money lending license.

Posted by Pavillion > 2017-07-22 02:16 | Report Abuse

Money lending license is not a big thing......ALONG also got that license....lending money is not a problems but collection and managing risks...is not their expertise.

The thing about Mpay is....they have to retails it to consumer and merchant and that will take time....they have to go thru process of educating, promoting and selling.....that will take yearssss before you could see any meaningful profit....and that process need very big budget.

That why first mover....normally a small company...while have to battle with Authorities and market ....could be easily beaten by second or third player which are bigger and will have easier job.....co like Alipay, Tencent, Samsung, Maybank etc.

Posted by RocketRider > 2017-07-22 12:28 | Report Abuse

Had a look at Play store, the MPay app only 1 thousand download... does this mean a long way to integrate into local spending habit?

Posted by wolf1 > 2017-07-22 13:42 | Report Abuse

take profit laio loh..goring stock. This year may have few cycle to play with

Posted by ImCK > 2017-07-22 16:02 | Report Abuse

i think the point is here
http://www.managepay.com/managepay/Content?id=10
every insurance agent will using this solution soon make secure easier and reliable

Posted by ImCK > 2017-07-22 16:04 | Report Abuse

wechat and alipay currency is RMB and need active china bank i think not convience for malaysian
mpay wallet will be leading soon because its based on malaysia ringgit currency payment solution
no need convert MYR > CNY to pay soon cashless generation is waiting for someone to leading but comfirm is not alipay / wechat pay unless you need go china

Posted by Pavillion > 2017-07-23 07:43 | Report Abuse

They can franchise it and work with any currencies. I'm sure Maybank, Cimb have ability to take on it.....if and only if there are huge demands and acceptance from community.

Posted by wotvr > 2017-07-23 09:28 | Report Abuse

Malaysian banks seem more proactive in providing all these pay tools. There's cimb pay and already a cimb prepaid card just for Lazada.

Posted by Bull13 > 2017-07-23 10:17 | Report Abuse

Problem with Mpay wallet is lack of visibility and awareness. Do you know where to get a Mpay Mastercard? How to get it? Mpay cant survive alone if they dont work with financial institutions and banks. Same as its P2P lending facilicy.

Posted by Pavillion > 2017-07-23 13:22 | Report Abuse

Why would I want Mpay Mastercard...a none bank issuer... if I can get from Maybank, Bsn etc. Why would I need other card than Touch N Go?....even Touch N Go...I seldom use for parking...cause expensive.

Posted by fishing_leg > 2017-07-23 18:01 | Report Abuse

One thing for sure, this i3 is influential

Posted by ImCK > 2017-07-23 19:04 | Report Abuse

but p2p is the turn key for mpay e wallet everybody can be ah long so
mpay will be next wechat bank is not invovle in e wallet
what is e wallet ? e-wallet means you no need wallet anymore everything can use mpay e-wallet to paid it will generate qr code like wechat and let them paid
malaysia version " we chat " and its under malaysia goverment control

Posted by sarisatriya > 2017-07-23 21:06 | Report Abuse

income growth potential from P2P is severely underestimated in this chatroom.
Do you know how much annual return that P2P operators can payout to investors? 18% p.a.

Posted by nicky > 2017-07-24 08:27 | Report Abuse

Even ETIQA using MPAY if u pay premium online.....

Posted by Pavillion > 2017-07-24 08:44 | Report Abuse

CIMB's subsidiary Touch ‘n Go to launch e-wallet together with Alipay

Read more at http://www.thestar.com.my/business/business-news/2017/07/24/cimb-in-major-fintech-move/#XkX2xlCgxbtFH0DA.99

See I told already.......this business not lucrative...just a hype...trendy or gaya only that make you feel good or hope for innovation will give you big profit..........will be more and bigger player coming...

Posted by Bull13 > 2017-07-24 09:32 | Report Abuse

Tomorrow is Invest Malaysia week. Watch out on PM keynote address on e commerce.

Posted by Bull13 > 2017-07-24 09:41 | Report Abuse

Target 32.5 s still intact.

Posted by nickengk > 2017-07-24 11:30 | Report Abuse

Pavillion - what are the stocks are you buying in this market environments? Care to share?

Posted by RX350 > 2017-07-24 11:43 | Report Abuse

hold tight!!

Posted by fishing_leg > 2017-07-24 12:01 | Report Abuse

T+3 run, good sign

Posted by leslieroycarter > 2017-07-24 12:02 | Report Abuse

Do not chase when it is gaping up....

Posted by axeaxe > 2017-07-24 12:10 | Report Abuse

time to run lo

Posted by Terry Woo > 2017-07-24 12:29 | Report Abuse

empty can

Posted by fishing_leg > 2017-07-24 12:33 | Report Abuse

No uma, no need run so fast. This week critical to see make or break.

Posted by Max Yong > 2017-07-24 13:27 | Report Abuse

OTHERS MANAGEPAY SYSTEMS BERHAD ("MPAY" OR THE "COMPANY") - Trustgate Berhad, an associate company of MPAY, intends to apply for listing on the Leading Entrepreneur Accelerator Platform ("LEAP") Market of Bursa Malaysia Securities Berhad ("Bursa Securities")

MANAGEPAY SYSTEMS BERHAD

Type Announcement
Subject OTHERS
Description MANAGEPAY SYSTEMS BERHAD ("MPAY" OR THE "COMPANY")
- Trustgate Berhad, an associate company of MPAY, intends to apply for listing on the Leading Entrepreneur Accelerator Platform ("LEAP") Market of Bursa Malaysia Securities Berhad ("Bursa Securities")
The Board of Directors of the Company has been informed that Trustgate Berhad (“Trustgate”), an associate company of MPAY, intends to apply for listing on the LEAP Market of Bursa Securities.

M&A Securities Sdn Bhd has been appointed as the adviser of Trustgate for the proposed listing exercise.

Further announcement will be made of any material development changes as and when appropriate.

This announcement is dated 24 July 2017.







Announcement Info
Company Name MANAGEPAY SYSTEMS BERHAD
Stock Name MPAY
Date Announced 24 Jul 2017
Category General Announcement for PLC
Reference Number GA1-24072017-00030

Posted by Max Yong > 2017-07-24 13:28 | Report Abuse

Interesting :D waiting to drop more and accumulate it :D

Posted by diaz_flag > 2017-07-24 14:03 | Report Abuse

let see how many people trapped this time, hahaha

Posted by wotvr > 2017-07-24 14:05 | Report Abuse

Buy high sell low!

Posted by Pavillion > 2017-07-24 14:07 | Report Abuse

http://www.theedgemarkets.com/article/cimb-partner-alipay-develop-mobile-payment-platform

E-pay need big muscle and deep pocket.

Posted by Max Yong > 2017-07-24 14:09 | Report Abuse

why so pessimistic @diaz_flag :D

Posted by fishing_leg > 2017-07-24 15:00 | Report Abuse

It is still anybody game. Company with IT in nature definitely will try grab the chance. I was surprise another company start with M with similar nature but hp platform is still quiet and no action.

Posted by diaz_flag > 2017-07-24 15:04 | Report Abuse

let me throw back a question to anyone who doubt, why mpay? while we have many more brand that already established, well known, and people using it

http://www.thestar.com.my/business/business-news/2017/07/24/cimb-in-major-fintech-move/

Posted by diaz_flag > 2017-07-24 15:05 | Report Abuse

i just dont see any value in mpay, rather than lots of gimmick, lots of product launch, which was still failed big time

Posted by fishing_leg > 2017-07-24 15:56 | Report Abuse

If the company bankrupt, then baru fail. Not yet bankrupt, still ok. At least they still do something rather than nothing mah.

Posted by Investingold > 2017-07-24 16:33 | Report Abuse

Dufu is a good stock with a very low P/E

Posted by fishing_leg > 2017-07-24 17:14 | Report Abuse

Wa lao a, think after reading here, many pinch some salt and run away. Sayang, wait for 30 million then consider run lar. Afterward come back, sure rugi liao. Jiak lat.

Posted by fire38211 > 2017-07-24 17:29 | Report Abuse

fishing_leg what is 30million?

Posted by tempac > 2017-07-24 17:41 | Report Abuse

Lousy company. Talk many years already, but cannot perform. Talk number 1 & MOU number 1 company.

CIMB didn't say anything. But now they launch their e-wallet.

Posted by wotvr > 2017-07-24 18:01 | Report Abuse

That e-wallet is a small contribution for CIMB bottomline. For mpay is probably something big since they don't have much of anything else.

Posted by tempac > 2017-07-24 18:11 | Report Abuse

BUT who wants to team up with them? Pasar malam hawker or kopitiam uncle? No popularity at all.

Posted by fishing_leg > 2017-07-24 18:20 | Report Abuse

If betul goreng and value reach 30 million, can consider run

Posted by fishing_leg > 2017-07-24 18:23 | Report Abuse

mpay is not the only company that talk and talk. If you are doing business, you will also talk and talk. That is ok. Everybody talk. Not many are just do it type like NIKE slogan

Posted by fishing_leg > 2017-07-24 18:27 | Report Abuse

Back to 30 million question (ha ha), ikan bilis share, can reach that value, it is like end of story part 1, so, can run. Don't ask why as l am not professional that can talk mountain and talk sea. I just merely express my personal opinion only.

Posted by Bull13 > 2017-07-24 19:15 | Report Abuse

Today's announcement no big deal la. Anticlimax. More selling tomorrow and Wednesday (T4)

Posted by ImCK > 2017-07-24 19:36 | Report Abuse

very hard beat touch n go now touch n go already plan to be lead in e-wallet
touch n go can force everyone to convert to e-wallet if not you cant drive in highway

Posted by 4444 > 2017-07-25 00:20 | Report Abuse

Loss QR why 26.5 sen? Many stocks below 20 sen can make why Mpay cannot? Which id control price?

Posted by fishing_leg > 2017-07-25 09:02 | Report Abuse

IT related biz, step is fast. General example is nokia famous all over the world. Now ? A bit earlier is USA TV, where is it ?

Is how the enterprise do biz and keep pace. Business is a risk. You make some at time, you might lose it all. Just biz is biz

Posted by RX350 > 2017-07-25 09:21 | Report Abuse

short term 0.325.........

Posted by fishing_leg > 2017-07-25 09:37 | Report Abuse

Now is time to hold or step on your gas. Up to how much not sure. Down be, 0.24, 0.205, 0.165 as much as l see for this while. Many be masok at 0.165 to 0.18. Ho say

Posted by tomwah > 2017-07-25 09:46 | Report Abuse

very soon .30