Posted by Tripaka > 2014-04-10 18:57 | Report Abuse

Tomorrow buy on weakness ....TGIF!!!!!

Posted by wee888 > 2014-04-10 19:00 | Report Abuse

Certainly, pzul. We are all here to help one another. We are all in a family.

Posted by zmgoh > 2014-04-10 19:55 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1591481

Posted by zmgoh > 2014-04-10 19:56 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1591485

Posted by zmgoh > 2014-04-10 20:01 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1591477

Posted by zmgoh > 2014-04-10 20:02 | Report Abuse

Hi. There are some news on mpay today..
Madiba, yes.. Mr Chew acquired 15 mill shares of mpay at .29

Posted by Tripaka > 2014-04-10 20:56 | Report Abuse

Total holding 30+% is a lot.

Posted by peace > 2014-04-10 20:57 | Report Abuse

thanks for sharing, lets pray for tomorrow bullish..

Posted by gerry188 > 2014-04-10 22:13 | Report Abuse

One of madiba's parameters just occurred - director acquiring significant amount of mother shares at a relatively high price (15million shares at 29sen - to be used as a trading block?). The director also disposed 20million WA at 18sen (to be used as a trading block by others?).

Note that all the above is just speculation but I am certainly taking delivery of all MPay stock that I purchased over the last 2 days even though it is slightly higher than today's prices.

This is not a buy or sell call - please use your own judgement.

Posted by nicholasnwh90 > 2014-04-10 22:31 | Report Abuse

Wow. 15mil shares at 29sen. Mr Chew seems confident in the company. Looking forward towards tmr.

Posted by pzul > 2014-04-10 23:03 | Report Abuse

Hahaha..Mother-30cent only less 1cent n son-18cent.. dejavu..game on right, mr kelvinfixx?

Posted by gerry188 > 2014-04-10 23:12 | Report Abuse

pzul - definitely game on, bro. as I said earlier, when you and frens show up here, then it is an indication that it is frying time!

Posted by gerry188 > 2014-04-10 23:35 | Report Abuse

madiba - main shareholder buying a big amount of mother shares at a much higher price than your average. a lot of zakat funds should be coming to you to help others!!!!

Posted by stncws > 2014-04-10 23:36 | Report Abuse

Y THE MAINSHAHOLDER buying at higher price, he should have bought it at lower price...he also dispose some..


please do your own analysis

Posted by pzul > 2014-04-11 00:38 | Report Abuse

Gerry188-im just ikan bilis who try to swin behind big fish.. always pray not to be eaten..hahaha..

Posted by wee888 > 2014-04-11 06:31 | Report Abuse

Certainly positive impact on the counter. Time to dream big here, am buying more!!!

Posted by peace > 2014-04-11 06:58 | Report Abuse

Maybe Mr Chew confident price will go twice his price :D

Posted by wee888 > 2014-04-11 08:11 | Report Abuse

15 m shares done at 0.29. Currently trading at tight range 0.300 - 0.325. What does that imply? From my viewpoint,still a lot of upside( disclaimer: trade at your own risk).

Posted by Tripaka > 2014-04-11 09:02 | Report Abuse

Dow fell a lot....

Posted by wee888 > 2014-04-11 09:19 | Report Abuse

chance to buy when dips

Posted by Canonpreview > 2014-04-11 09:34 | Report Abuse

drop again... :(

Posted by pzul > 2014-04-11 10:07 | Report Abuse

accumulation day.. : )

Posted by gerry188 > 2014-04-11 10:29 | Report Abuse

Buying volume starting to increase - still good opportunity to accumulate together with the operator.

This is only my opinion and not a buy or sell call. Please use your own judgement.

Posted by Canonpreview > 2014-04-11 10:31 | Report Abuse

is uptrend now .. woow.. up up .. plz

Posted by gerry188 > 2014-04-11 10:37 | Report Abuse

Today should be clearing T+3 players - so don't expect a spike. Rather look at support levels(mother 31.5 to 32sen and WA 22 to 23sen)and see if it is well supported with large volume shares being accumulated here.

Posted by tsk123 > 2014-04-11 10:39 | Report Abuse

Its moving...

Posted by gerry188 > 2014-04-11 11:08 | Report Abuse

The US markets drop looks like a controlled drop ie drop 1%, recover 0.5%. Yesterday dropped 2%, perhaps it will recover by 1% over the next 2 trading days.

I think the FEDs want a 5% correction in total but a drop of 5% in one day will obviously destroy confidence and perhaps lead to an even bigger 10% correction.

It is expected once the correction is completed that the S&P can breach 2000 and perhaps hit 2045.

Anyway, the above is only my opinion.

Posted by sunshine55 > 2014-04-11 11:10 | Report Abuse

hi mpayians... i am new here and hv read through this forum...thank you to all the good investors who have been sharing their opinions and thoughts here, providing a good guidance...thank you...i hv bought some mpay-wa shares...is it worth holding the WA as the director has disposed quite a number of them? I am confused and worried...could someone please advice on this... :(

Posted by rex23 > 2014-04-11 11:57 | Report Abuse

Better buy mother share not wa.

Posted by wee888 > 2014-04-11 11:58 | Report Abuse

Didn't you read Madiba posting?? Quite a bit risky in buying warrant as it is out of the money and it will mature next year. It is quite difficult to advise you here!

Posted by leslieroycarter > 2014-04-11 12:10 | Report Abuse

CONCENTRATION AT 32/32.5 ...WILL MOVE HIGHER >>>>>>>>>>>>>TP 35/38.

Posted by gerry188 > 2014-04-11 12:13 | Report Abuse

It depends on your risk profile - both will move up if goreng. The WA offers more leverage.

Posted by gerry188 > 2014-04-11 12:14 | Report Abuse

Notwithstanding, the stock should be consolidating - T+3 and T+4 on Monday for high volume and spike earlier

Posted by insearch85 > 2014-04-11 14:22 | Report Abuse

Hi Leslie, care to share what make you chance your point of view to long this counter?

Posted by pzul > 2014-04-11 14:26 | Report Abuse

If ur investor buy mother share advisble..-wa for short n medium term.. depend on u.. both can make profit..

Posted by pzul > 2014-04-11 14:27 | Report Abuse

Gerry188..start countdown already..hahaha..

Posted by gerry188 > 2014-04-11 14:43 | Report Abuse

pzul - not yet, still consolidating.

Posted by sunshine55 > 2014-04-11 15:08 | Report Abuse

Thank you all for the opinion...Really appreciate it... =) will consider WA for short term and mother for long term... =) Thank you...

Posted by zmgoh > 2014-04-11 15:36 | Report Abuse

agreed with pzul.. as long as we managed to see way before it expired..

Posted by rex23 > 2014-04-11 15:50 | Report Abuse

going to move...........

Posted by Mohamed Amirul > 2014-04-11 16:32 | Report Abuse

Who will get the GST contract since MYEG didn't?

Posted by 4u2c > 2014-04-11 16:42 | Report Abuse

why directors selling so cheap ?

Posted by madiba > 2014-04-11 17:22 | Report Abuse

Sorry just pop in to check the latest. Am still travelling.

Good news on Mr Chew's purchase but a deeper analysis is required as to who sold him the block? Buying the mother share and selling the warrants seems a good hedge on his part given that the warrants pricing are looking stretched as he affirms his confidence in his own stock. It is always a good sign to see owners buying their own stock but we need to analyse also where it came from.

If it was from the market or from Dato Dahlan I will be very worried on two counts:

1) Mr Chew is already holding in excess of 30% and cannot possibly buy any more from the market without triggering an MGO@33% since he controls the Board. In this scenario the upside is limited because he has to stop buying or else he will trigger an MGO at 29 sens.

2) If it was from Dato Dahlan I am even more disturbed because that means the Bumiputera is exiting and that is bad news since we are expecting them to deliver the TRS contract.

Lets hope its none of the above and the best case scenario is Mr Chew bought it from Mr Chan instead. We all know what happens to the stock whenever Mr Chan sells don't we. It pops upwards soon after.

Given the heavy delivery seen today and also anticipated on Monday in light of jittery overseas markets it is assuring and confidence building that Mpay tested the support @ 31 sens
(as highlighted earlier in my last analysis dated 09 April) and closed at 32 sens Friday today. Week on week it has risen 8.5% this week after rising 13.5% the previous week. Looks like its building up to a fantastic month of April as anticipated. More to come I believe.

If it is proven that Mr Chan sold to Mr Chew and the stock holds up on Monday above 31 sens closing do expect the rally to continue upwards later part of the week. Support levels @ 31 sens and 29 sens respectively. Target 35-38 sens intact unless support levels broken and or the above (1) or (2) occurs.

I am off to Shanghai this weekend. Take care everyone!

Posted by pzul > 2014-04-11 17:37 | Report Abuse

thanks madiba..

Posted by zmgoh > 2014-04-11 17:54 | Report Abuse

Thanks madiba.. great analysis.. enjoy ur weekend

Posted by tsk123 > 2014-04-11 18:05 | Report Abuse

Thanks madiba..much appreciated your sincere comments. .

Posted by insearch85 > 2014-04-11 18:41 | Report Abuse

Thanks madiba

Posted by peace > 2014-04-11 18:47 | Report Abuse

Superb..!! U really open to share the positive and negative side of this counter.. thanks madiba

Posted by peace > 2014-04-11 19:01 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1592421

Posted by zmgoh > 2014-04-11 19:30 | Report Abuse

Thanks peace... yes madiba, is proven sold by Mr Chan to Mr Chew.. good news