Date of Change: 22/11/2013 Type of Change: Redesignation Designation: Chairman & Director Directorate: Ind & N/Exec Name: Dato' Dr Mohd Aminuddin Bin Mohd Rouse Age: 68 Country: Nationality: Malaysian
Qualifications: Bachelor of Science (Hons.) in Biocheimstry from the University of Malaya in 1969 and PhD in Agricultural Chemistry from the University of Adelaide in 1974.
Working Experience and Occupation: You are advised to read the full contents of the announcement or attachment at http://www.bursamalaysia.com.
Directorship of public companies (if any): 1. Ajiya Bhd 2. Tanco Holdings Bhd 3. Karambrunai Corp Bhd 4. Star Publications (Malaysia) Berhad 5. Star Foundation - Trustee
Family relationship with any director and/or major shareholder of the listed issuer: Nil
Details of any interest in the securities of the listed issuer or its subsidiaries: Nil
This is the old and current Bumiputra director. New powerful ones coming I heard otherwise cannot get contract...once confirm new Bumiputra director announcement, start engine above 20 sen!
once again really hope you are right, madiba. the price is downtrend slowly since i bought it. when we can know the final 2 companies selected? the winner wll be annouced after CNY, right?
Under the present market , a drop of 0.5 ct margin is acceptable , big shareholders bought earlier at 14.5 before the crash and more buying done at 15, 15.5 and 16 cts. So , there are many solid sopport at all these prices. It should be all right if you are playing medium to long term as contra players will be a bit disadvantaged at the present scenario. 2 cts
kk123, no purpose? that is an insult i think....wait til it got the GST refund contract....TP 0.50 at least because 50million revenue generated per year means a lot to MPay's valuation.
im not saying 100% MPay will get the contract, but the impact will very great on this company and its stock price of course IF MPay got it....change my tp price >RM1.00
More likely they will late pay their staff salary and bankrupt la Such company really is just goreng so major shareholder can dispose and switch to better company Those who buy mpay will pay for it hahaha Gst project not involve mpay It only involve companies like censof and maybe ghlsys Mpay is the midget co barely surviving
Kk123: I had seen all your posts , all are negatives ? May u recommend a few counters in your perspectives which are really good to invest ? May it goreng, short or long term will be gladly invited with open arms.
the catalyst for this counter is the contract for tourist GST refund system which will be annouced in Feb.... cross my finger! Hope MPay win the bid against IRIS and the other 2 sdn.bhd.
Let's be realistic about mpay prospect There isn't any. For those who want to chase tiny and midget co there are risk involve U have to get out before the sharks start to dump the share Naturally they will push it up a bit before dumping The gst money is going to the gov not mpay Any contract to mpay is so tiny that it doesn't justify any upgrading of this stock Check with the staff who work at mpay - if they late in salary payment it's a red flag and ready to push out gst news so that director can dump before company bankrupt
kk123,you again and talked nonsense again.....that's ok....we just wait and see in Feb......like i said before i myself also not sure Mpay is a higher chance as comapred to Iris but who's know......
Next week is a good week for syndicate to close their new year with a bang ! This so often happen If u lose better cut loss or be prepare to hold the share for long time Profit taking has just started and will continue
0.145 or 0.15 is a good buy. MPay is bidding for the tourist GSTrefund contract which will be announced in Feb. They are trying to get Albukary to the team. The chance is there to obtain the contract. THe downside risk is low at 0.15, but the uptrend potential could be RM1 if MPay secured this contract.
the price is stable hovering between 0.15 to 0.155 before it break to the next level. I think it is able to break 0.16 one more time, it should be able to reach even higher...
Just an observation that Iris has dropped 17% from the high of 47 sen whilst Mpay has only dropped 9% from a high of 16.5 sen to 15 sen currently. Looks like somebody is accumulating Mpay and the story of Tourist Refund Scheme project as in The Edge article may be true. Mpay seems the likely bet now in price movement observation.
Refund contract award effect on Iris is little because revenue only RM 50m compared to Iris current revenue of RM 500m but RM 50m to Mpay is huge cos their current revenue is only RM 5m. So for max effect and gain hedge 70:30 towards Mpay my guess cos at worse if Mpay does not get it it will fall back to 12 sen its NTA but if it gets it it will fly to 25 sen! Lose 2 sen to bet make 11 sen ok lah! Just don't play contra.
Looks like its on judging by the volume and compared to Iris this Mpay has recovered super fast from the sell-down...definitely something on maybe new shareholders coming in or the tourist refund contract...
Anyone notice how Iris is dropping with weak support whilst Mpay is not dropping at all? Just an observation because normally Mpay cannot buck the weak market trend so definitely something on. Anybody heard the latest? Am watching out for new bumiputera directors or shareholders to come on board as a positive signal to the TRS contract award.
Very strong closing at the high bucking the weak market. Mpay up 6% today whilst Iris down 5%. Something definetely on...on the lookout for new bumiputera director or new shareholder as an indication of the TRS award that would boost their revenue by 1000% from 5m to 50m..
Securing new contracts I heard start of a new upswing in earnings and new bumiputera shareholders. Something related to payment system on Taxi1M awarded by SPAD or DRB numbering 7500 taxis in 2015. TRS contract revenue of RM50m chances very high in securing. Thats what I heard.
Justy out!!! Teksi1M contract from Proton...7500 teksi estimated to be installed by year 2015 with Mpay credit card payment terminals...I believe this is the beginning of a series of announcements uplifting Mpay earnings and change of shareholders. Don't forget who the contract awarder Proton belongs to ultimately ie Albuklhary!!!
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....
Ann Thian
377 posts
Posted by Ann Thian > 2014-01-16 07:28 | Report Abuse
:)