but honestly i still cannot brain how people could go and rush into buying when it was already announed that they were gonna issue up to 20% of extra shares. (8 June 2021) too many lazy traders dont even know how to use excel is it? or am i wrong in my calculation?
0156 MPAY, MANAGEPAY SYSTEMS BERHAD - + Additional Listing Announcement /Subdivision of Shares 18 Jun 2021, 12:17 Additional Listing Announcement /Subdivision of Shares 1. Details of corporate proposal Whether the corporate proposal involves the issuance of new type and new class of securities? N Types of corporate proposal : Private Placement Details of corporate proposal : Placement to Macquarie No. of shares issued under this corporate proposal : 2,500,000 Issue price per share ($$) : 0.2140 Par Value ($$) (if applicable) : 0.000 Latest issued share capital after the above corporate proposal In the following Units : 763,568,696 Issued Share Capital ($$) : Malaysian Ringgit (MYR) 122,683,006.000 Listing Date : 21/06/2021 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Let's see what is the closing price for today, If can sustain 25 n above, next week should see amovement towards 30. Hopefully with better news and company prospects can drive her beyond 50.......
Don't be too excited with Azizan Osman's position in MPay.
Maybe some of you are still new in the stock market but I clearly remember he was involved with INSbio back in 2013 and he sold all in October 2013 and it got delisted in January 2014.
I'm not saying MPay is as bad as INSbio but some of MPay's clients always pay late and this affected their receivable cycle for more than 90 days. Furthermore it isn't clear what is Azizan Osman's intention to become major shareholder in MPay. His background is very dubious too, what more with receiving academic qualifications from diploma mills.
Buy MPay because you believe in its FA and TA and not because of Azizan Osman.
MPAY INGIN MEMBENTUK KONSORTIUM DALAM BIDAAN LESEN BANK DIGITAL
Bank Negara Malaysia(BNM) telah menyediakan 5 lesen baru bank digital untuk diberikan kepada syarikat tempatan. Buat masa sekarang, sekitar 40 syarikat telah melakukan bidaan antaranya Mpay, Bank Rakyat, Petronas, YTL, Genting, RHB dan Axiata.
Mpay menjangkakan dalam masa terdekat bahawa mereka akan membentuk satu konsortium di mana Mpay memegang 60% kepentingan dan selebihnya kepada rakan kongsi untuk bidaan lesen bank digitial tersebut.
Untuk suku pertama tahun 2021, Mpay merekodkan untung bersih sebanyak RM2.2juta berbanding rugi sebanyak RM16.2juta suku yang sama tahun lepas. Mpay juga mempunyai sebanyak RM18.09juta cash dan juga 0 hutang.
Menurut pengasas dan juga pengarah urusan Mpay, Chew Chee Seng, mereka menjangkakan hasil jualan tahun 2021 akan naik dua kali ganda banding tahun lepas.
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....
MagicGlove
548 posts
Posted by MagicGlove > 2021-06-10 16:42 | Report Abuse
Buy airport ....loss making company turns bullish stock....reason bcos is a recovery stock...lmao