Anyone interested in Smartag....damn cheap now. And Smartag had just sign a agreement with Samsung for the technology to be used in Samsung handphones...more to come.
Make losses for the last few quarters but got good prospects...buy & hold or buy now that it's cheap & you may see it go as high as 29 cents temporary.
Pulau Pinang Gerakan politicians involved. If not, how did this company secured most of the projects were either government link company or party links project. Why? Every Malaysia should know this...
Brother jacklew , the Customs project with Smartag had not been fully implemented. Once it's make compulsory by the Customs Department, Smartag tend to have a yearly income of about $70 million alone here...correct me if I am wrong. So as it is I am still buying at a cheap price of 23.5 cents. This counter had not been goreng yet....seems sharks had no eyes to see at the moment, hee, hee, hee but before it had been goreng 2 times to as high as 45 cents but I only sold at 42 cents twice....hopefully this will be my 3rd time lucky.
The usage of Smartag with the containers shipping companies is still in the infant stage & we let it grow for a while before profits pick up....cheers & good luck to all. BTW, losses are not much at about less than 1 cent [0.17 cent ] per share. NTA still stands at 19+ cents for a 10 cent company....still a OK to me.
From www.smartag.my :Smartag Solutions Berhad (Smartag) is a Radio Frequency Identification (RFID) solution specialist that is specialised in track and trace utilizing RFID and other wireless technologies to enable users to have visibility, transparency, and security.
The company was incorporated in Malaysia on 12 January 2004 under the Companies Act 1965 as a private limited company under the name of Smartag Solutions Sdn Bhd and was converted into Smartag Solutions Berhad on 11th June 2008.
Smartag Solutions Berhad (Smartag) is a Radio Frequency Identification (RFID) solution specialist that is specialised in track and trace utilizing RFID and other wireless technologies to enable users to have visibility, transparency, and security.
Smartag was awarded Multimedia Super Corridor (MSC) Malaysia company status in 2008. Smartag provides many innovative RFID solutions for library, Logistic supply chain tracking, warehouse and healthcare. Since, 2008, Smartag is an active player in port-to-port, and cross-border RFID cargo system and works closely with EPC Global as well as represents Malaysia Department of Standards in ISO Technical committees TC 104 Freight containers in drafting ISO 18186 standards for Freight Container-RFID-Cargo Shipment Tag. Smartag has ventured into Near Field Communication (NFC) that involves Mobile Phone RFID applications in 2010.
Under its subsidiary, Smartag Technologies Sdn Bhd in 26th February 2010 has obtained the Applications Service Provider (ASP) Class license registered Under the Communications And Multimedia Act 1998 issued by Suruhanjaya Komunikasi Dan Multimedia Malaysia (SKMM). Under this license, Smartag Technologies is able to provide IP Telephony, Internet Access Services and Messaging Services.
Just received this email from Smartag.....read as follows..
Dear Mr. Steven Goh,
Thank you for your support.
The delay of the Customs project is currently due to the slow response from the Attorney General chamber in regards to the agreement. The agreement has been agreed by Smartag and Customs , and now awaiting for the Attorney General to peruse the agreement. All of us including Customs are awaiting for their reply.
Thank you.
-Investor Relations-
So hold & wait, once agreement ok by the AG office, then BINGO perhaps.
Something wrong with this site..post my last comment and it's not display as usual...anyone here can read my 2nd email from Smartag which I posted a little earlier?...please give your feedback please...thank you.
Somehow this site doesn't show my 2nd reply from Smartag when I post it this early morning. So here goes...as I said earlier I received a reply from Smartag asking them about their agreement with the Royal Customs Department & after receiving a reply I inquire more & email them again & I got this reply from Smartag.....so please read below...
Dear Mr. Steven Goh,
For your further information, as long as the agreement is not ready, the Customs project cannot be commercialize. Hopefully, the agreement will be ready soon as it is now in the process of final arrangements.
For your information, Attorney General’s Chambers (AGC) is the office of the Attorney General of Malaysia and it is held responsible for all legal matters involving the Government. ?
Brother Eagle95 , the 52 week lowest for Smartag is 21 cents, now it's just 22.5 cents. Wait for my email to you...read it first brother & then you decide.OK?
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....
chong
3,074 posts
Posted by chong > 2012-03-01 16:59 | Report Abuse
Time to pick up some Smartag at a low low price.