Brother juinming0304, please read all about Smarag in my forum, about 75 pages of it.
BTW, the Smartag contract is for 3 years for 1 million containers and the contract is renewable & if the target 1 million containers is reached within the contract period, then the government would allow Smartag to carry on with the remaining 7 million containers. But first the forwarders people need to be trained to use Smartag RFID & then when all is running smoothly and Smartag had reach it's 80% target on the 1st year of contract to the final 100% [1 million containers] on the 2nd or 3rd year, a new contract will be given to Smartag to cover another 7 million containers.
Yes..YEAR OF SNAKE indeed...wait..wait..Bad fundamentals on Alam but ALAM price went up....wait..wait..Good fundamentals on Smartag but Smartag went down.."Form 3 analyst and 3rd class conman" U really are hahahha
the delay of commercialization is no fault of Smartag. The delay were at the request of JKDM. This caused the price to stumble as they have already spent on hardwares as per annual report. The numbers then don't lie if you are referring to the annual report!
not increase. takde kelulusan untuk jalan business after they had plough in capital on the hardwares. Hopefully if the BN govt still in control after elections, Smartag will receive some compensation or extension of contract for the delay! if BN loses, then this is a dead deal!
Giler rr... Puncanya cause of Bird nest export tu ker? Matilaa da siap alat xjalan pulak,silap2 BN kalah jd PN company la xdpt byr hutang kat company y supply RFID
problem with APAM. APAM wants govt to subsidise, or basically pay out full! Big fight because may drag Sarawakian voters in! Not something BN would want at the moment, being a fixed deposit state! not necessary to open any can of worms when election is around the bend!
election and investment there are always risk! but doubt smartag will sink as dont see Hamed Sepawi the chairman selling any of his shares yet! :) i am a realist enough to know the impossible can happen in Malaysia but hopefully this is a smart bet at the end.
Smartbet=smartpet=smartag... Hahaha..hopefully he dont desperate bro n hope la hopefully BN win if not smartag become sialatag... Anyway APAM want makan collection money sorang2... Puihh... See ppl working at APAM,KASTAM N JPJ makan duit rasuah but support Pakatan Rakyat... What is dis?
sarawak CM holds sarawak for more than 30 years, even PR wins putrajaya, but mostly not swak. PR still ned deal with pek moh. this is my view. anyway, put little investment in this is definitely not wrong.
there are forwarding teams/agents told me that smartag RFID has been enforced in all customs and they are already using it. reasons why profit not reflected is that these bunch of idiots using ppl's service without paying single cent!
HI, CHONG , EVRYDAY I SEE A LOT OF DRIVER USE SMARTAGE TO PAY TOLL , SOMETIME NEED QUEUE UP ALSO IN SMARTAGE LANE, HOW COME IT STILL LOSS 1 MILLION EVRY QUATER ?? IT MUST PROFIT COMPANY , RIGHT ? ANYTHING WRONG WITH THIS COUNTER, THANKS
The device you use to pay toll charges is Smart Tag. This is Smartag, which promoted RFID technology to track movement of cargo shipments. Well, thats just one of the uses of RFID technology anyway.
holy cow... 7 consequtive quarter losses since listing with CEO and wife disposing off shares right and left... thx for the link Melvin G, this company shd be made a study case.... best part is last quarter revenue was RM75K... LOL
Please check carefully 1st, this director Lim Peng Keong already resigned, that's why he sold all his share in SMARTAG. This announcement already few month ago.....correct me if i'm wrong..
0169 SMARTAG SMARTAG SOLUTIONS BERHAD Change in Boardroom
Date of Change: 01/01/2013 Type of Change: Resignation Designation: Chief Exec Officer Directorate: Exec Name: Lim Peng Keong Age: 34 Country: Nationality: Malaysian
Qualifications:
Working Experience and Occupation:
Directorship of public companies (if any):
Family relationship with any director and/or major shareholder of the listed issuer:
Details of any interest in the securities of the listed issuer or its subsidiaries:
Composition of Audit Committee After Change:
Remarks: Following his resignation as CEO, Mr. Lim Peng Keong will retain his position as a Board member until a capable successor is appointed to achieve the Board's objective. In the interim, the Executive Chairman and the Board will be taking the necessary steps to find a suitable replacement.
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....
KC Loh
13,701 posts
Posted by KC Loh > 2013-02-08 17:30 | Report Abuse
Year of snake indeed coming! LoL