MANAGEPAY SYSTEMS BERHAD

KLSE (MYR): MPAY (0156)

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Last Price

0.11

Today's Change

-0.005 (4.35%)

Day's Change

0.11 - 0.115

Trading Volume

146,000


29 people like this.

16,007 comment(s). Last comment by Sword 4 weeks ago

sengkee

2,060 posts

Posted by sengkee > 2020-07-29 09:48 | Report Abuse

The real show is today. Not yesterday

sengkee

2,060 posts

Posted by sengkee > 2020-07-29 09:53 | Report Abuse

Q buy 0.125

fl888

7,691 posts

Posted by fl888 > 2020-07-29 09:56 | Report Abuse

Tomorrow is T2 for yesterday huge volume and price increase...13.5 to 16.5 contra players?

Edric Soh

107 posts

Posted by Edric Soh > 2020-07-29 09:57 | Report Abuse

sengkee yes

nicholas99

9,863 posts

Posted by nicholas99 > 2020-07-29 10:03 | Report Abuse

boring..

Loy88

164 posts

Posted by Loy88 > 2020-07-29 10:18 | Report Abuse

boring...

PM Sim

247 posts

Posted by PM Sim > 2020-07-29 10:21 | Report Abuse

TP 0.09...Turun Price.

PM Sim

247 posts

Posted by PM Sim > 2020-07-29 10:28 | Report Abuse

Quarter day counter.

PM Sim

247 posts

Posted by PM Sim > 2020-07-29 10:39 | Report Abuse

how to get license from Bank Negara..ikan bilis going to do shark business..LOL

Posted by BuzzmeFund > 2020-07-29 10:46 | Report Abuse

Please hold and don't sell, if you believe in MPay

skyap

282 posts

Posted by skyap > 2020-07-29 10:51 | Report Abuse

sell sell sell

diaz_flag

202 posts

Posted by diaz_flag > 2020-07-29 10:53 | Report Abuse

told u just another gimmick shit, wkwkwkwk

CannieST

79 posts

Posted by CannieST > 2020-07-29 10:59 | Report Abuse

Top 25 shareholders own 58.53% of the company
Ownership

Name Shares Current Value Change % Portfolio % 25.36%

Chee Chew 180,147,638 MYR25.2m 8.16% no data 5.08%

Shea Chin 36,110,516 MYR5.1m 0% no data 4.27%

Eng Ping Tan 30,331,800 MYR4.2m 2.55% no data 2.86%

Redgiant Analytics Asia Sdn Bhd 20,306,800 MYR2.8m 0% no data2.6%
Chee Thoy Chin 18,500,000 MYR2.6m 0% no data 2.04%

Wei Jun Chia 14,487,900 MYR2.0m 20.73% no data 2.04%

Ah Lan Yau 14,487,900 MYR2.0m 0% no data 1.6%

Giap Khoon Ooi 11,400,000 MYR1.6m 0% no data 1.54%

OCBC Securities Private Limited, Securities Arm 10,940,000 MYR1.5m 3.8%0.85%
1.18%

See Ling Ooi 8,400,000 MYR1.2m 0% no data 1.01%

Tai Cheong Loh 7,200,000 MYR1.0m 0% no data 0.86%

Jong Weng Lee 6,124,900 MYR857.5k 0% no data 0.84%

Kin-Loong Chai 6,000,000 MYR840.0k 0% no data 0.84%

Soon Heng 5,936,400 MYR831.1k -66.15% no data 0.74%

Swee Leong Ling 5,244,200 MYR734.2k 0% no data 0.72%

Tet En Chia 5,100,000 MYR714.0k 2% no data
0.7%
SP Investment Management Sdn Bhd 5,000,000 MYR700.0k 0% 11.1%
0.66%
Yean Yaw Choong 4,670,300 MYR653.8k 0% no data 0.65%

- Ulaganathan 4,600,000 MYR644.0k 15% no data 0.64%

Wooi Huat Teow 4,550,000 MYR637.0k 0% no data 0.49%

Tuan Lim 3,500,000 MYR490.0k 0% no data 0.49%

Kok-San Ong 3,500,000 MYR490.0k 0% no data 0.44%
Kai Wun Lim 3,160,000 MYR442.4k 0% no data 0.44%
Theng Sian Lim 3,106,000 MYR434.8k 0% no data 0.42%
Sundra Moorthi 3,000,000 MYR420.0k 0% no data

CannieST

79 posts

Posted by CannieST > 2020-07-29 11:00 | Report Abuse

OCBC Securities Private Limite is one of the shareholder and also is Singapore bank.

No too worried.

qwerting1

685 posts

Posted by qwerting1 > 2020-07-29 11:49 | Report Abuse

srsly Mpay gonna get BNM project but the price fall.. Awesome

Daness

30 posts

Posted by Daness > 2020-07-29 12:01 | Report Abuse

Guess many people were trapped :(

qwerting1

685 posts

Posted by qwerting1 > 2020-07-29 12:31 | Report Abuse

I am one who get trapped :(

qwerting1

685 posts

Posted by qwerting1 > 2020-07-29 12:31 | Report Abuse

thinking of cut loss but then....... big loss

qwerting1

685 posts

Posted by qwerting1 > 2020-07-29 12:31 | Report Abuse

i felt it will rebound back to 0.140 level i think

George99

258 posts

Posted by George99 > 2020-07-29 13:12 | Report Abuse

dont worry... i come and collect

George99

258 posts

Posted by George99 > 2020-07-29 13:35 | Report Abuse

10% of yesterday total volume as first half.

CannieST

79 posts

Posted by CannieST > 2020-07-29 13:40 | Report Abuse

George99 dont worry... i come and collect
29/07/2020 1:12 PM

I'm agreed with you.

CannieST

79 posts

Posted by CannieST > 2020-07-29 13:41 | Report Abuse

qwerting1 thinking of cut loss but then....... big loss


You have to confident with this company and study their chart also have a look thru their website about us

here it is:

Overview
ManagePay Systems Berhad (“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. The Company is currently listed on the ACE Market of Bursa Malaysia with market capitalization in excess of RM120 million.

MPay has obtained notification of compliance from Bank Negara Malaysia (“BNM”) to operate its MPay payment systems in January 2013, pursuant to Section 5(3) of the Payment Systems Act 2003 which allow MPay to undertake merchant acquiring and to own direct business relationship with the merchants, facilitating merchants’ ability to accept credit, debit, loyalty and stored-value cards.

In February 2015, MPay has received a letter of approval from BNM for the issuance of e-Money as in MPay Balance virtual account and MPay MasterCard Prepaid Card. With these e-Money products, MPay is able to package an end-to-end ecosystem to the major retailers in Malaysia, ranging from general purpose reloadable card, travel card, gift card, salary card and etc. MPay’s business objective is to develop a disruptive yet complete consumer payment products and services, coupled with wide range of international payment capability/operation certification and security compliance such as those certified by card schemes, EMVCO and PCISSC.

MPay is well established to become a major Regional end-to-end Payment and Financial Service solution & service provider by creating the differentiation from competitors and existing market with new and comprehensive Payment Innovates to capture new business opportunities and potentials now exist in FinTech space.

MPay, being a PCI DSS certified Service Provider is committed to maintain proper security of all cardholder data that we obtained during storage, processing and transmission on behalf of customers. We assure you that all applicable PCI DSS requirements are implemented accordingly to achieve the level of security required to protect our customer's information.

CannieST

79 posts

Posted by CannieST > 2020-07-29 13:47 | Report Abuse

Now MPAY is submitted to JV with Passion Venture Capital Pte Ltd, of course they have to get permission through BNM and this MPAY company is expansion their business and this is related with money that's why they have to get approval from BNM.

Have a look their website and study about this company and then you will have more confident to hold their shares.

Posted by BuzzmeFund > 2020-07-29 13:55 | Report Abuse

How funny someone seems to know everything by glance at the website. Go read their Financial Report, they are given 5 Years to show result, but nothing achieve yet, making lost every year & having such a lousy product comparing with other competitors.

qwerting1

685 posts

Posted by qwerting1 > 2020-07-29 14:14 | Report Abuse

HEH MPAY will go back 0.140 for rebound.

George99

258 posts

Posted by George99 > 2020-07-29 14:21 | Report Abuse

this type company if well performanced management it current bussiness already can be well enough to get profit.....
if it added with digital bank then will be add BIG advantage...
all depend on it management how to run the business and vision in digital..

diaz_flag

202 posts

Posted by diaz_flag > 2020-07-29 15:48 | Report Abuse

hello new boisss, i think you do not know who is dato chew your money yet, what a joke hahahah

Posted by BuzzmeFund > 2020-07-29 16:10 | Report Abuse

George why not you recommend yourself to be their CEO, i want to see how you turn MPay to be a profitable monster.

fl888

7,691 posts

Posted by fl888 > 2020-07-29 16:35 | Report Abuse

Call for a EGM to appoint George99 to be director...

Posted by investor_lauzy > 2020-07-29 17:07 | Report Abuse

If you understand what a digital bank really is, you know 100% this mpay will never get it. In lending biz, you need to know how to lend and hv money to lend. Does mpay and this sg vc look like they hv the expertise to underwrite customers or even extra cash to burn if case ppl can't pay back?

Michael Kwok

6,350 posts

Posted by Michael Kwok > 2020-07-29 20:37 | Report Abuse

People,please see the news probably.Stock market up not bout result on certain occasions.The chart will show.I already say TP 20 cents above.Remember the number of shares in mid size in hundreds million.

Michael Kwok

6,350 posts

Posted by Michael Kwok > 2020-07-29 20:39 |

Post removed.Why?

fl888

7,691 posts

Posted by fl888 > 2020-07-30 07:44 | Report Abuse

Today T 2 for those who bought 14 to 16-5 contra players...technical rebound to 20cts can happen with MCMC 5 years Trustgate CA & TSA licence

sengkee

2,060 posts

Posted by sengkee > 2020-07-30 07:44 | Report Abuse

But it is just from a 20% invested associate company. Nothing big. Should be limited impact, unless they really want to fry the share price today.

birdparadise

1,468 posts

Posted by birdparadise > 2020-07-30 09:24 |

Post removed.Why?

Bullcoming

848 posts

Posted by Bullcoming > 2020-07-30 10:10 | Report Abuse

Believe MPAY will go further with the digital technology. Digital banking will be the new trend from now on

Bullcoming

848 posts

Posted by Bullcoming > 2020-07-30 10:51 | Report Abuse

Tp 20c.....30c

PM Sim

247 posts

Posted by PM Sim > 2020-07-30 11:39 | Report Abuse

So soon we have MPAY Digital Bank Bhd...

Posted by SmoothDriving > 2020-07-30 11:58 | Report Abuse

Collect gradually at low price now, future of this counter seem very bright.

Posted by BuzzmeFund > 2020-07-30 14:58 | Report Abuse

Dato.Chew is gradually reducing his share unit.

Their CEO Bryan is busy doing his side business, haha his PA viral this to everyone in the market.

sengkee

2,060 posts

Posted by sengkee > 2020-07-30 21:03 | Report Abuse

Now they announce 20% of Private Placement.

MaYun

264 posts

Posted by MaYun > 2020-07-30 21:50 | Report Abuse

ManagePay Systems said it is forming a JV company, through its wholly-owned subsidiary ManagePay Services SB (MPSB) together with Singapore-based Passion Venture Capital Pte Ltd (PVC), to participate in digital banking in Malaysia. MPSB will hold a 51% stake in the JV company, while PVC will hold the remaining 49%. Investment in the JV company will be fully funded by PVC. (The Edge)

Wow, so nice ! no need to pay a single sen and hold 51% of the stakes.

Posted by SmoothDriving > 2020-07-30 21:57 | Report Abuse

PP is to raise fund for the JV

tumbler

492 posts

Posted by tumbler > 2020-07-31 10:26 | Report Abuse

Need at least 100millions to raise fund bid for digital bank. This proposal are huge and may lead mpay to targetprice 50 cents.

tumbler

492 posts

Posted by tumbler > 2020-07-31 10:46 | Report Abuse

MPAY itself have good connection with MOF and I think BNM this time will issue 5 digital licenses out by end of 2020. 2 licenses will go to current conversational bank operator like CIMB, HLB,AFFIN(The conversational bank operators are not showing very encourage of interest in applying the digital license because they have done survey that digital bank business will not contribute much money compare to conversational bank) . 3 more will go to local non-conversational bank operators. Out of these 3 Managepay shall have higher chances winning rate if it can managed gather 100 millions capital before end of year. Because it was the only purely digital wallet operators listed company that intend to bid the license.The rest of applicant like Paramount , Sunway chances were extremely low. Unlike MANAGEPAY , AXIATA which have strong digital payment system background and experience.
So , I am thinking that MPAY will push rocket high TP 50 cents because this is a huge project for MPAY within this 20 years.

George99

258 posts

Posted by George99 > 2020-07-31 10:58 | Report Abuse

yes. tumbler same thought of tp 0.5

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