MANAGEPAY SYSTEMS BERHAD

KLSE (MYR): MPAY (0156)

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Last Price

0.11

Today's Change

0.00 (0.00%)

Day's Change

0.105 - 0.11

Trading Volume

60,200


29 people like this.

16,007 comment(s). Last comment by Sword 2 months ago

min min

210 posts

Posted by min min > 2014-01-09 09:41 | Report Abuse

no selling pressure will start soon...

iWarrants

746 posts

Posted by iWarrants > 2014-01-09 17:21 | Report Abuse

any big fund house entering this company ?

tekken

797 posts

Posted by tekken > 2014-01-09 17:55 | Report Abuse

eat tmrw like no tmrw

TaurusGal82

1,204 posts

Posted by TaurusGal82 > 2014-01-10 09:50 | Report Abuse

no transaction at all.............

Posted by babyblossom > 2014-01-10 09:55 | Report Abuse

boring day for MPaY

Posted by Eric Soh Siong > 2014-01-10 10:04 | Report Abuse

need 3 day to move out contra player no volume is normal t3 t5 t10 will up after this see

madiba

287 posts

Posted by madiba > 2014-01-10 13:36 | Report Abuse

Good news coming out this weekend on The Edge I was told about MPAY involvement in huge recurrent project in GST payment refund. Should boost the stock Monday.

Posted by misscall99 > 2014-01-11 09:27 | Report Abuse

media, there is no news on the edge

Posted by Mohamed Amirul > 2014-01-11 15:34 | Report Abuse

waiting at 0.12 once again..;)

iswara

896 posts

Posted by iswara > 2014-01-12 10:26 | Report Abuse

whose chance higher Mpay or Iris

flytothemoon

4,836 posts

Posted by flytothemoon > 2014-01-12 10:34 | Report Abuse

Felda purchase 26% of Iris shares and became biggest sharesholder, government project will be awarded to who? what do you think?

iswara

896 posts

Posted by iswara > 2014-01-12 10:57 | Report Abuse

answer is very clear already.

flytothemoon

4,836 posts

Posted by flytothemoon > 2014-01-12 10:59 | Report Abuse

and check the shareholders of the company, most of them are chinese, so in " 1 Malaysia" , what will happen~?

flytothemoon

4,836 posts

Posted by flytothemoon > 2014-01-12 11:01 | Report Abuse

I not here to make chaos, just dont want ppl here to get trapped, buy or sell at own risk,

Posted by mrchuckle363 > 2014-01-12 23:39 | Report Abuse

Vote for MPAY!

madiba

287 posts

Posted by madiba > 2014-01-13 08:09 | Report Abuse

MPAY needs to increase their bumiputera shareholding to win the contract so I think we know whats coming up next in terms of shareholding changes...they already have a powerful bumiputera group in their partner eTRS GTF mentioned...heard its the Albukhary group.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1487537

min min

210 posts

Posted by min min > 2014-01-13 09:47 | Report Abuse

correct madiba

Posted by leslieroycarter > 2014-01-13 13:39 | Report Abuse

Compare with Iris , this stock has just started from the blocks so got more rooms for price surge !

countfind

1,701 posts

Posted by countfind > 2014-01-13 14:00 | Report Abuse

leslieroycarter good observation. There was strong buy at .16
However I am not sure if we can compare iris and mpay. both have different "backers" apart from usual syndicate

madiba

287 posts

Posted by madiba > 2014-01-13 14:09 | Report Abuse

wah the financial controller just declared bought last friday at 14.5 sen so must be good ya. Some more result show its cash rich over RM 22 mil cash...ripe for new bumi shareholder to come in with the tourist GST contract mentioned in The Edge. Definitely something big coming up...

Posted by leslieroycarter > 2014-01-13 14:38 | Report Abuse

Iris has gone from 8 cts to the present 41+ cts but Mpay just started to move after disclosing more contracts coming forward plus new owner...hope so?

min min

210 posts

Posted by min min > 2014-01-13 14:53 | Report Abuse

will start engine soon...

Posted by leslieroycarter > 2014-01-13 18:52 | Report Abuse

Look like buying spree done on 15.5-16 cts for a solid support,,,,!

Ann Thian

377 posts

Posted by Ann Thian > 2014-01-13 20:11 | Report Abuse

To?????

Ann Thian

377 posts

Posted by Ann Thian > 2014-01-13 20:11 | Report Abuse

TP???

madiba

287 posts

Posted by madiba > 2014-01-13 20:46 | Report Abuse

Looks good to go to RM 0.24 sens ie previous high but now with some exciting corporate development may just go above that...

Posted by leslieroycarter > 2014-01-14 08:09 | Report Abuse

Just like when ppls feel very positive and analysts alike , they had come out with different TP under different times for Iris as from 23.5, 25,28, 38 and 54 .... They are not sure too! When market turns positive , TP will change too to accommodate more upside I suppose,...I put it at 40 % extra...2 cts
14/01/2014 08:08

Posted by leslieroycarter > 2014-01-14 08:16 | Report Abuse

Immediate TP 22 and 27 ever achieved by this stock.....2cts

madiba

287 posts

Posted by madiba > 2014-01-14 08:27 | Report Abuse

Mpay just got off the blocks and starting to move the same way like Iris and MyEG at the beginning stage. Still a long way to go with announcement of exciting new corp business in December, confirm principal officer buying in January and impending new bumiputera shareholding. All spices to a stock that will go crazy soon.

Posted by leslieroycarter > 2014-01-14 13:00 | Report Abuse

EXTRACT;
Name of Principal Officer Date of Acquisition Nature Price
per share Number of Ordinary Shares of RM0.10 each Percentage of issued Shares Acquired (%)
Wong Wan Kong 9 January 2014 Direct RM0.145 600,000 0.16

air01557

2,511 posts

Posted by air01557 > 2014-01-14 13:43 | Report Abuse

looks good

Posted by Couture Kepong > 2014-01-14 18:35 | Report Abuse

MPAY is negative company have to care also

madiba

287 posts

Posted by madiba > 2014-01-14 19:32 | Report Abuse

NTA 12 sen. No PN17 issues. Cash rich with RM 22 million in the bank. Making money and not losing money. Now without bumiputera partner but soon getting one hot one with new project involving GST refund revenue RM 50 million first year compared to now revenue only RM 5 million only. If that shareholding and operational changes is not enough to boost the stock then you shouldn't be punting in the market haha. Want to buy when it is really really hot then buy at the high lor! Started moving only in December from 12.5 sen now only 16 sen target 25 sen woopie!

Posted by Couture Kepong > 2014-01-14 21:06 | Report Abuse

http://klsescreener.com/detail.php?code=0156 pe 100+++ no dividen negative profit lol but if get the project this share will rocket what i can say is just gambling 50% win 50% lose

madiba

287 posts

Posted by madiba > 2014-01-14 21:47 | Report Abuse

Conture Kepong thats why we need to look for clues to increase the probability of success ie insider buying like the principal officer buying, build up of large cash hoard of RM 22 million that can be used for new business activity, latest company announcements, changes in shareholding etc. At worse it just drops back to NTA of 12 sen ie 4 sen loss but if the rumors are true then its got another 10 sen upside from 16 sen! Risk 4 sen for 10 sen gain ok lar! Technical trading signals also just turn up Buy!

countfind

1,701 posts

Posted by countfind > 2014-01-15 08:13 | Report Abuse

yeah buy....wil be up till .20 at least
TRADE AT OWN RISK

madiba

287 posts

Posted by madiba > 2014-01-15 08:41 | Report Abuse

Mpay technical breakout last monday with high volume and gap up. Next stop 20 sen.

jsjy123

543 posts

Posted by jsjy123 > 2014-01-15 09:45 | Report Abuse

i just bought in MPAY today betting on its chances to win the GST refund for foreigners contract in competing with IRIS. How is the chances over IRIS in winning the contract, anyone has done any analysis on this?

madiba

287 posts

Posted by madiba > 2014-01-15 09:57 | Report Abuse

Look up The Edge last week. The analysis is there. IRIS boss over the weekend did not mentioned the GST refund contract so I guess he is not confident. Iris boss just talk about his Sentuhan Kasih projects with Felda and the foreigner ID card project. Whilst Mpay has made announcements about the tourist project and the new FC also just started buying. So indications are there who is more confident of getting...furthermore there is an announcement of a Bumiputra participation in the project. Indications are there that Mpay is aware and will undertake a new bumiputra shareholder partner to win the contract. Heard its the Albukhary group.

jsjy123

543 posts

Posted by jsjy123 > 2014-01-15 10:08 | Report Abuse

Really hope you are right, madiba. and thanks for the info.

Ann Thian

377 posts

Posted by Ann Thian > 2014-01-15 11:43 | Report Abuse

:)

Ann Thian

377 posts

Posted by Ann Thian > 2014-01-15 11:46 | Report Abuse

Look up The Edge last week. The analysis is there. IRIS boss over the weekend did not mentioned the GST refund contract so I guess he is not confident. Iris boss just talk about his Sentuhan Kasih projects with Felda and the foreigner ID card project. Whilst Mpay has made announcements about the tourist project and the new FC also just started buying. So indications are there who is more confident of getting...furthermore there is an announcement of a Bumiputra participation in the project. Indications are there that Mpay is aware and will undertake a new bumiputra shareholder partner to win the contract. Heard its the Albukhary group.

thks madiba ... good hear tht... :)

Posted by leslieroycarter > 2014-01-15 13:33 | Report Abuse

see accumulation started at 15.5-16.5 cts ....should go for medium term to see any tangible results . Contra plays are not advisable.

TaurusGal82

1,204 posts

Posted by TaurusGal82 > 2014-01-15 13:35 | Report Abuse

Thanks for sharing Madiba :)

Posted by leslieroycarter > 2014-01-15 15:23 | Report Abuse

Are u sure the new Bumi partner in Mpay is Syed Mokhtar Group ?

countfind

1,701 posts

Posted by countfind > 2014-01-15 15:34 | Report Abuse

syed is everywhere...

jsjy123

543 posts

Posted by jsjy123 > 2014-01-15 20:20 | Report Abuse

just bought it at 0.16 and now dropped to 0.15...shou have waited.....Fatt lo if Mpay got the contract.

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