Posted by chong > 2012-08-06 17:14 | Report Abuse

Friends, just hold on to your Smartag, it will come after September when the collection starts....cheers....definitely not for contra as I mention very much earlier but to keep for mid or long term.

Posted by wup6199 > 2012-08-06 17:16 | Report Abuse

Since u have advice,i already bought in.hope will fly

Posted by wup6199 > 2012-08-06 17:17 | Report Abuse

Bought in 0.26

Posted by beelee_888 > 2012-08-06 20:12 | Report Abuse

Brother Chong, can add me also? Very interested. Beelee_888@yahoo.com

Posted by Skyler Lee > 2012-08-06 20:17 | Report Abuse

brother chong, can add me in? skyler_forever@hotmail.com

Posted by royslade > 2012-08-06 20:34 | Report Abuse

I also bought in at .26 a few weeks ago... still holding plenty of WCT & WCT-WB. Plus... bought some digista & digista - wa weeks ago. POS is moving up slowly but steady. That's all good news. Some of the picks I made without reading these forums aren't doing so great. But eh...I guess that tells me something. :-) Anyway, it's nice to follow along with bro chong & you others regarding your logic & analysis of the above shares. Obviously, slow & steady CAN win the race! :-)

Posted by paper > 2012-08-07 09:24 | Report Abuse

go n go n go....

Posted by hoohaa > 2012-08-07 09:29 | Report Abuse

the wave is coming!

Posted by staphyloccocus > 2012-08-07 09:37 | Report Abuse

roadblock too big there...

Posted by waily > 2012-08-07 10:01 | Report Abuse

brother chong pls add me at wailychia@gmail.com

Posted by Penny > 2012-08-07 10:28 | Report Abuse

bro chong pls add me at pennylee973@yahoo.com...thanks

Posted by hoshe2009 > 2012-08-07 10:45 | Report Abuse

bro chong pls add me at lts25@yahoo.com...thanks

Posted by perin > 2012-08-07 13:26 | Report Abuse

bro chong, please add me at peilingtan1979@gmail.com ... tq

Posted by KC Loh > 2012-08-07 17:27 | Report Abuse

Assumption : 1)MSC status, no tax
2)secured 1st Sept contract, duration allowed
extension for 3 years. Should be, since under Govt's
ETP, and that BN wins.
3)that fixed at RM10 per container movement-
"transmit".

Took a while to study this as recommended by Chong. Since contract is still not sign, its anything goes. Looking at the way they have gotten Royal Customs and under the radar now of the ETP, I think the chance of securing contract is very high.

with 7 mn transmits per year will translate to 70 million. With a possible discount of wholesale and bulk purchases, say 55 mn is derived. Mind you, this is still not included in whatever their expansion plans will be for growth.

with no gearing, but just administrative and infrastructure cost of averaging 900k, and expected to increase to 1.6mn if deal is sealed, that will translate to 23 sens EPS. if the assumption above holds, Smartag will have doubled its market capitalization by next year. Little wonder why the chairman (highly influential with govt and sarawak especially) is upbeat for this potential recurring income.

This year's increase from 21 sens to 25-27 sens i think fully reflected of the news. So expecting to be sideways movement for price in 2012 for Smartag. suppose the last quarter starts, 1/4 of the 55mn (13.75m) could be translated. But i think most will be utilized to investment of infrastructural development. Good to buy between 24-26 sens. I think those who had gotten in at 21-sens, you will no longer sell with so many good news in mind i guess.

This counter, taking a cue from Amedia, has capability to be transferred to Main Board if such a return is realised.

I think Chong is very kind to tell you all this particular counter.

I will be going in if price can hit below 25 sens. FV by next year, if all in place, is at 0.58 and potentially higher or other revenue base secured.

Form 3 analyst and 3rd class conman signing off!

Posted by chong > 2012-08-07 17:42 | Report Abuse

Brother KC Loh, correction.....contract already signed & now starting collecting $10 to $18 per container starting 1st September 2012....this is a 3 years contract to cover 1 million containers & after that another extension of the present contract provided that by the end of the 3 year contract, 1 million containers must be covered.

Cheers...& yes, all profit is tax free, "kuan loh" to be exact.

Posted by franksoweto > 2012-08-07 17:46 | Report Abuse

aiya this 3rd class conman again ah? - I rather be 'conned' by this KC than RC :)

Posted by KC Loh > 2012-08-07 17:49 | Report Abuse

ok, that's a positive then. TQ for the correction!

i didn't read from your forum yet, but if this figures are sound, you have just introduced a winner in my humble opinion!

i missed the 21 sens again, didn't i? :)

Posted by KC Loh > 2012-08-07 17:51 | Report Abuse

chong, seriously consider putting your postings here and not another forum. alternatively, add a link to it. Lowyat forum is very messy if not following it closely!

Posted by Peter Lee > 2012-08-07 18:00 | Report Abuse

buy below 0.24,could be next gpro and amedia

Posted by franksoweto > 2012-08-07 18:01 | Report Abuse

@peter you meant going up or diving down :)

Posted by lazycat > 2012-08-07 18:05 | Report Abuse

this is a loss making company, same management team same result even if they rewarded with gov contract.

what do you all expect in the future from this same management team as they have been bleeding the company for so long?

Posted by chong > 2012-08-07 18:05 | Report Abuse

I don't think it is going down but up instead as we are very near to the "collection" date on 1st September 2012....I think it might hit 30 cents by September.


cheers.

Posted by Eagle95 > 2012-08-07 18:06 | Report Abuse

This counter will fly soon,now still bottom prices.i totally agree wt bro Peter lee,will fly like Amedia,don't miss it..cheers

Posted by lazycat > 2012-08-07 18:10 | Report Abuse

currently smartag market cap only 60m, if it is so profitable, many big boy already starting buying, EPf make a cough already can buy up the whole company , sime derby ytl those cash rich company clap a hand, then this company will under them already, so.. why they no buying?

if you feel something fishy, it is fishy.

Posted by KC Loh > 2012-08-07 18:27 | Report Abuse

Chong, for the life of me, i cannot find either in Smartag's website and also Bursamalaysia's site the contract deal signed for 1st September for three years. Any confirmation on your part?

Posted by chong > 2012-08-07 18:32 | Report Abuse

No, brother KC Loh , you won't find it in Smartag site, not at all, hee, hee,hee. I got it direct from the CEO's office via email more than 3 weeks ago...cheers.

Posted by KC Loh > 2012-08-07 18:40 | Report Abuse

probably still pending then. By right, they need to announce as they are a public listed entity. This is really my ire with ACE counters. But so far, you have proven to be an ally in terms of posting. I will try check that out from your forum.

in the meanwhile, i am comfortable with 24-25 sens entry level from my research! Thanks

Posted by chong > 2012-08-07 18:55 | Report Abuse

Please copy this & send it to all your friends & ask them to send to their friends too....thank you all :thankyou:


Why are cars way cheaper in the US?


Aug 7, 2012



The recent car prices issue made me curious. Having been totally unaware of such huge discrepancies between Malaysian and world prices, I went on the Internet to see what real world car prices were. I was shocked.

These are US car prices with US duty and import tax paid, which are just like Malaysian car prices with duty and tax also paid, but here, you will see, they are much lower and less exorbitant than in Malaysia.

Bear in mind all cars are CBU (complete built up) Japan, CBU South Korea or CBU Germany.

The following cars we get here are CKD (complete knocked down) cars with more than 50 percent Malaysian content and "supposedly" are cheaper due to their being CKD and supporting Malaysian manufacturers.

I cannot understand, we support our own Malaysian manufacturers and beli barang buatan (buy local) Malaysia too, and yet the prices can be higher than barang buatan (made in) Japan or German, which is usually higher in quality.

And yet, to make matters worse, US people's GDP per capita is higher than Malaysia and the average American earns five times more than the average Malaysian.

Mainstream car prices

Honda Accord US$21,480 (RM64,440) RM150,000

Honda CRV US$22,495 (RM67,485) RM150,000

Honda Civic US$15,955 (RM47,865) RM115,000

Toyota Altis US$16,130 (RM48,390) RM112,000

Toyota Camry US$22,055 (RM66,165) RM180,000

Kia Sorento US$23,150 (RM69,450) RM160,000

Hyundai Tucson US$19,245 (RM57,735) RM140,000

Hyundai Sonata US$20,895 (RM62,685) RM150,000

Hyundai Elantra US$16,695 (RM50,085) RM98,000

Luxury car prices

BMW 328i US$36,500 (RM109,500) RM300,000

BMW 528i US$46,900 (RM149,000) RM400,000

BMW 535i US$52,500 (RM157,000) RM600,000

BMW X5 US$47,500 (RM142,500) RM580,000

Mercedes E350 US$51,000 (RM153,000) RM400,000 (In M'sia for only CKD E250)

Jaguar XF US$53,000 (RM159,000) RM500,000

Jaguar XJ US$73,700 (RM221,000) RM1,000,000

Porsche Cayenne US$48,850 (RM146,000) RM570,000

Please forward this to every Malaysian you know so that they may realise how we are being cheated in car prices and have been cheated for the past 30 years.

Most Malaysians pay close to 50 percent of their salary for their monthly payments for their cars.

Not only do the banks get an easy ride (cause everybody is "forced" to take loans), we have to live in debt for over seven years, depriving our family of better food and clothes.

Posted by chong > 2012-08-07 18:55 | Report Abuse

http://www.malaysiakini.com/letters/205716

Posted by KC Loh > 2012-08-07 19:00 | Report Abuse

in economy, we call it "protectionism".

Posted by peckphuan > 2012-08-07 22:45 | Report Abuse

bro chong pls add me at peckphuan@gmail.com

Posted by Ted Allen > 2012-08-07 23:00 | Report Abuse

Hi Bro Chong - on my way back soon after the Olympics - Good to see you sharing good information still. Makaysia should award you a dold medal - keep iy up my friend !!!

Cars in Uk we thought were expensive but I bought an X5 4.4 litre for less than Rm 250 k has tv , sat leather and personal number plate.
If prices were lower here people would perhaps chane thme more often - so tax revenue could be the same or little higher.

Even in Hong Kong I bought a %25 Se BMW for less than Rm 250k and their tax is supposed to be high.

Cant see me spending the amount they want for a BMW here - maybe settle for Honda motorbike - ha ha.

Thanks again for all your sharing my friend
Ted A

Posted by Ted Allen > 2012-08-07 23:02 | Report Abuse

Sorry about typing errors - busy watching the sport

Posted by andrea > 2012-08-08 13:53 | Report Abuse

hi brother chong... please add me: andrea5428@yahoo.com.... tq

Posted by John Lee > 2012-08-08 18:22 | Report Abuse

Hi bro chong.. please add me johnlee1301@gmail.com...TQ..

Posted by staphyloccocus > 2012-08-08 20:16 | Report Abuse

Company Name: SMARTAG SOLUTIONS BERHAD (ACE Market)
Stock Name: SMARTAG
Date Announced: 08/08/2012

Announcement Detail:
Admission Sponsor: Kenanga Investment Bank Bhd

Sponsor: Same as above

Type: Announcement

Subject: OTHERS

Description: Smartag Solutions Berhad ("Smartag" or the "Company")

Supplemental Agreement between Smartag Solutions Berhad and The Government of Malaysia which is represented by the Ketua Pengarah Kastam of Jabatan Kastam Diraja Malaysia ("JKDM") (collectively referred to as the "Parties") to the Agreement dated 30 April 2012 pertaining to the implementation and operation of the Container Security and Trade Facilitation System using Radio Frequency Identification ("RFID") at JKDM

Posted by weiboy90 > 2012-08-08 20:38 | Report Abuse

woots..spot on again from bro chong..

Posted by KC Loh > 2012-08-08 21:27 | Report Abuse

Staphylococcus, that supplemental agreement is for trial run from 1st June. Not the 1st September date. One has to be correct to inform the people here. Tell me if I am wrong here.

I am sure they will sign the 1st September contract, knowing our government depts mentality. . Just that a black & white would ease all speculations.

Posted by KC Loh > 2012-08-08 21:31 | Report Abuse

If its a supplemental to extend a further 3 years beginning from 1st Sept, then accept my apologies.

My only clue is announcement date of 8/8/12. I hope that's the one. Then all system goes!

Posted by staphyloccocus > 2012-08-08 21:47 | Report Abuse

i copy it from the announcement...haha...

Posted by KC Loh > 2012-08-08 21:51 | Report Abuse

dates are missing. and give the source link

Posted by staphyloccocus > 2012-08-08 21:57 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1033229

Posted by KC Loh > 2012-08-08 22:02 | Report Abuse

Great... he missing piece to this whole arrangement! good time to go in then. :)

Posted by chong > 2012-08-09 02:01 | Report Abuse

Go in guys & gals before it's too late. Since Smartag listing, it has been losing money albeit a very small amount for the past 6 Quarters.....however please take note that losses for each quarter is less than 0.5 cents per share for each quarter.

Most of he losses are main due to the promotion of Smartag RFID among the forwarders & also due to the about 6 months trial with the Customs Department where money is need for the expenses since this trial as Government doesn't have to pay single cent. Yes, all expenses need to be meet at the more than 16 Customs checkpoints...manpower, administration, equipment, etc.

One final advice is to please keep it for at least 6 months after the commencement of the collection.

Read more details from my forum.

Cheers & good luck too.

Posted by TuaHuat > 2012-08-09 04:15 | Report Abuse

Bro Chong, pls add me ----> pao_ying888@hotmail.com

Posted by sweekim88 > 2012-08-09 08:48 | Report Abuse

Bro chong, pls add me too - kim.swee07@gmail.com

Posted by weiboy90 > 2012-08-09 08:51 | Report Abuse

bro chong, can give the link of your forum? my email is tianwoei0701@gmail.com. thanks.

Posted by Teh Chee Seng > 2012-08-09 09:10 | Report Abuse

Smartag active today...go go go...thanks to Bro Chong for his advice.

Posted by chong > 2012-08-09 09:11 | Report Abuse

Hang on my friends as it may go as far as 30 cents today....cheers

Posted by hoohaa > 2012-08-09 09:12 | Report Abuse

woohoo worth the wait!