Posted by 817065 > 2019-02-25 22:56 | Report Abuse

Yes, for a growing company, go for the warrants. The warrants has the advantage of leverage.

Posted by RainT > 2019-02-25 23:09 | Report Abuse

buy more tomorrow

in the quarter report , the explanation is quite ok

tell quite many information

unlike some other companies quarter report , lack of clarification

Posted by Primeinvestor > 2019-02-26 08:07 | Report Abuse

waiting for cy tew and gang to sell down can take it back, remember to buy at 1.22

Posted by 817065 > 2019-02-26 08:55 | Report Abuse

Profit taking is a buying opportunity....

Posted by foreverchung > 2019-02-26 08:56 | Report Abuse

Just gonna point it out, don't take iPay88 / MOLpay as dead player.

Posted by skyrocket > 2019-02-26 09:05 | Report Abuse

panic sellers. Lol

Posted by RainT > 2019-02-26 09:08 | Report Abuse

why sell ?

quarter result show that REVENUE is good in profit and also future prospect

Posted by edmen > 2019-02-26 09:24 | Report Abuse

No worries - just to shake off ikan bilis to accumulate at low....buying back....wait n see going to go up soon

Posted by trap666 > 2019-02-26 09:25 | Report Abuse

drop without significant vol

Posted by 817065 > 2019-02-26 10:17 | Report Abuse

Longer term investors should accumulate now. As soon as next quarter the profit will go up further as they install new high tech EDC machines for its banking partners. The installation process started in December 2018.

Posted by YapJH > 2019-02-26 10:43 | Report Abuse

There is nothing unusual for this counter to drop after result announced. Happened to last 2Q, despite good result in my opinion.

Last Q the EDC terminal sale revenue is RM6.472 million, and assume the rental remain the same, the current Q sales of terminal could have dropped by about RM3 million, using its margin of 37.8% in last Q, the profit just from the sales of EDC terminal can easily dropped by RM1 million. One possible reason is that banks capex has maxed out in Dec, no more budget to buy. Another possible reason is that Public bank sales haven’t really take off.

If comparing the profitability, last Q they have a one off listing expenses of RM640k, so the actual PBT will looks like RM3.852 million. And compared to this Q PBT of RM3.332, dropped about RM520k, on the back of a loss of about RM1 million profit from sales of EDC, working backward, means the transaction profit should be increased by at least RM1.5 million (assumed no major change in the solutions business).

Posted by newbie8080 > 2019-02-26 10:52 | Report Abuse

@ YapJH

What is your opinion after they had completed all the EDC installation?
The company's biz should focus on the maintenance, system enhancements and software integration with other fintech features.

Even Apple, the largest company in the world couldn't sell more Iphones. Hardware sales has a limitation after everyone has one.
Think about it.

Posted by RX350 > 2019-02-26 11:46 | Report Abuse

trap666 drop without significant vol

trap666 buy lah
15/01/2019 14:29

trap666 UP UP UP Perisai
15/01/2019 14:34

trap666 Tmr will be U-TURN
15/01/2019 14:34

trap666 BUY BUY BUY NOW
15/01/2019 14:34

trap666 it is just trick fast buy buy buy ~
15/01/2019 15:17

trap666 you are management meh !? All about show ·
15/01/2019 15:18

trap666 u all go support 0.005 can mou @@!
15/01/2019 15:28

trap666 no no no...still not sink yet !!!! Buy buy buy...wait for U TURN !!!!!!!!!!!!!!!
15/01/2019 17:19

trap666 Im just here to show how stupid you all are. This is the real TRAP ~
16/01/2019 09:58

trap666 And if anyone really buy this perisai due to my BUY CALL, you all really stupid lah...just take it experience okay..DO NOT believe BUY CALL in the forum ~~~~~~~

Posted by 817065 > 2019-02-26 12:13 | Report Abuse

They already got the green light from their bank partners to change all EDC terminals to the all-in-one latest technology terminals developed and readied in early November 2018.....( read the notes to the Q2 announcement). The whole process to change into the new EDC terminals will spread over 2 years, according to the CEO.

Posted by RX350 > 2019-02-26 12:13 | Report Abuse

This stupit trap666 trap people in belisai and now barking here?

Posted by YapJH > 2019-02-26 12:15 | Report Abuse

In the long run, they should focus on transaction income, because somehow somewhere someone will use electronic payment. So long the terminals is processed by them, they will earn some fee one way or another.

To them, sales of EDC terminal will give them the additional outlet to process payment transaction.

My understanding is that not all banks have the capability to process payment, hence they will have to work with them. So Revenue will be able to enjoy the transaction income.

No doubt that there is a limitation in term of the number of terminals that they can sell. But think about it, without these additional terminals, to grow organically may take them ages to grow.

On integration with other fintech features, that one should be an on-going effort, my understanding of the new terminal is that they have the capability to do so. So once they are able to develop something, their existing base will be the bargaining tool.

Increase base -> more transaction -> more features -> additional income.

Posted by YapJH > 2019-02-26 12:17 | Report Abuse

Forum has alot of information, just need to do more homework and dont 100% rely on hearsay.

Posted by RainT > 2019-02-26 12:26 | Report Abuse

good information & idea sharing

thanks !

Posted by 817065 > 2019-02-26 15:12 | Report Abuse

Need more people like YapJH. Gives very good and impartial analysis.

Posted by 817065 > 2019-02-26 16:14 | Report Abuse

Their sales of EDC terminals should pick up in the months ahead as they are committed to installing the new terminals for the banks with QR code capabilities. At the same time their transactions income should continue to grow steadily in line with consumer spending.So its future should be bright.

Posted by YapJH > 2019-02-26 16:40 | Report Abuse

Just sharing information based on publicly available info. You can go check out their investor relation section, not bad they put up some presentation slides on their financial result for the last Q1. Can’t wait to see the latest Q result slides.

Also based on the figure there, historical result plus the last 2Q result, they should be ready for mainboard come full year June 2019.

Mainboard is a different ball game, hopefully at mainboard the share price will be more stable rather than subject to irrational movement like selling off no matter what the quarter result is. But there is also the catch when big funds come in, the price volatility will be lower, profit will be lower.

Try to research on their stock movement before the Q result, and it applies to most counters, price move up prior to quarter result, then once result out, the price will drop. Sell before result and then buy back after result.

Posted by 817065 > 2019-02-26 17:04 | Report Abuse

The price volatility is due to short term traders' actions. After they have closed off their trading positions then the market price should normalise.

Posted by xiaochong > 2019-02-26 20:50 | Report Abuse

Agreed :) I am waiting that day coming

Posted by Primeinvestor > 2019-02-27 11:46 | Report Abuse

i told you right cytew wil sell it down to 1.20

Posted by cytew > 2019-02-27 12:11 | Report Abuse

Prime investor, I don't hold any mother shares ,how to sell down ？Learn from me ....What a " 兵法庄家” usually do, “ 运运筹帷幄，决胜于千里之外 ”。

Posted by KiraL > 2019-02-27 13:32 | Report Abuse

Dropping today.. good luck to all!

Posted by Moc Nokin > 2019-02-27 14:30 | Report Abuse

Careful and good luck all

Posted by 817065 > 2019-02-27 19:22 | Report Abuse

Ghlsys just released their Q4 results. The most important comparison is the EPS( earnings per share). Ghlsys EPS for the quarter was 0.96 sen and Revenue EPS was 1.07 sen. So, which company is more valuable in terms of earnings quality?

Posted by 817065 > 2019-02-27 20:22 | Report Abuse

Annualised EPS of Revenue: 1.07×4=4.28
Annualised EPS of Ghlsys: 0.96×4= 3.84
PE ratio of Revenue : 1.22÷4.28=29
PE ratio of Ghlsys : 1.70÷3.85= 44

Posted by 817065 > 2019-02-27 20:51 | Report Abuse

So, is the PE ratio of 29 too high?

Posted by YapJH > 2019-02-28 10:07 | Report Abuse

GHL’s financial year end is 31 Dec, based on their latest Q result, the full year EPS is 3.49. So their PE is about 48x (RM1.70 share price).

Revenue financial year end is 30 June, based on the last two Q, the 6 month EPS is about 1.93. So if want to annualise, it will have to be 1.07 x 3 + 0.86 = 4.07 or 1.93 x 2 = 3.86. Either way the full year estimated EPS comes higher than GHL.

Revenue recognise one-off listing expenses in 1st Q, without that, the adjusted EPS will be 1.15. So plus Q2 EPS of 1.07, 6 months they did about 2.22. Using that to annualise, then EPS will be 2.22 + 1.07 x 2 = 4.36.

Revenue PE (using the share price before Q result released of RM1.32):
3.86 = 34x
4.07 = 32x
4.36 = 30x

Posted by Moc Nokin > 2019-02-28 10:37 | Report Abuse

Hopefully I able buy it before uptrend.
I not yet buy, waiting 1.18

Posted by 817065 > 2019-02-28 12:41 | Report Abuse

So, based on YapJH's scenarios, the average annualised EPS of Revenue is 4.07 sen versus Ghlsys'annualised EPS of 3.49 sen.....that means Revenue's annualised EPS is 17% higher than Ghlsys.
And therefore Revenue's average PE ratio is 32 times versus Ghlsys' PE ratio of 48 times.
Which means Revenue's not over-priced at all, contrary to what some people think.

Posted by Moc Nokin > 2019-02-28 15:09 | Report Abuse

Finally get it, I keep for long term

Posted by Moc Nokin > 2019-02-28 20:30 | Report Abuse

Haha, drop more and more.
I just wait and buy at 1.00.

Posted by Richard KH Wong > 2019-03-01 00:56 | Report Abuse

Wait for 0.90

Posted by 817065 > 2019-03-01 11:43 | Report Abuse

RichardKHWong , Better wait for 0.60.

Posted by Yao Hsien Chan > 2019-03-01 12:08 | Report Abuse

Guys please... Revenues are recognized based on IFRS 15 and that's why the revenues from Public bank and Hong Leong bank are not in the latest quarter report yet. It will appears in the next few quarters. = = By the way, why everyone is selling when the earnings and margin of this counter was so good. = =

Posted by Yao Hsien Chan > 2019-03-01 12:11 | Report Abuse

Earnings per share cannot compare company to company as the total volume of shares are different. You cannot compare revenue group with GHLSYS with EPS. For EPS, you only can observe its overall growth year to year.

Posted by Nicholasming91 > 2019-03-01 12:11 | Report Abuse

They judge wverything based on PE ma. But i think next QR at least 3m . 2 Bigest bank in malaysia sign contact with rev , dont miss this opportunity

Posted by goldenmamba93 > 2019-03-01 12:15 | Report Abuse

they all thought this QR earnings should be damn lot after double 11. In facts its follow IFRS 15

Posted by Yao Hsien Chan > 2019-03-01 12:18 | Report Abuse

This is definitely a better counter than GHL, it's earnings and margins are way way better than GHL.

Posted by Nicholasming91 > 2019-03-01 12:24 | Report Abuse

How to double ? So fast project kick in ka ? So many things to set up , no patience just sell la. I alrdy said collext warrant all in safest at 0.34

Posted by Nicholasming91 > 2019-03-01 12:26 | Report Abuse

U guys have to know since its ipo from 0.5 go up, between 0.5-1.0, who were the big guys that collected ? They knew revenue in deal with banks in coming projects. U can start dreaming to collect at 0.60

Posted by 817065 > 2019-03-01 13:40 | Report Abuse

Somehow people just don't believe such a new company can really do so well.... something must be fishy.!

Posted by Silent 88888 > 2019-03-01 13:44 | Report Abuse

This is a new company which no quarter can be compared unlike others
Somehow this is a competitive market in Malaysia as there's many players inside
How will be the leader for this sector still hard to see yet

Posted by 817065 > 2019-03-01 15:37 | Report Abuse

People are afraid of this company... I don't know why

Posted by KiraL > 2019-03-01 17:26 | Report Abuse

Rocket coming~ 1.5-1.7
Fast buy now!!

Posted by 817065 > 2019-03-01 17:54 | Report Abuse

cytew. So can I ask you why their sales of EDC terminals were lower than preceding quarter?

Posted by YapJH > 2019-03-01 21:43 | Report Abuse

All new listed co experience the same thing, no comparative figure. So they are playing within the rules.

But if you say no comparative for new listed co, it just demonstrate you are just another do not understand and do not do homework.

In their prospectus, they have mentioned 6months audited figure up till Dec 2017. They did RM3.3mil for the 6m2017. For 6m2018, they did RM4.8m (RM5.4m if add back listing expenses, PAT to owners RM4.9m) for 6m2018, so the same period they increase by RM1.6m PAT to owners. Almost 50% increase.

You need to understand the banks partnership and products that they have... don’t simply compare without understand what they do. How many players are there in the market? (Listed and non-listed). Please don’t compare them as competitor to the banks, they are working with banks and not compete with banks. It is the banks that fight the banks.

It is best to keep the ignorance to yourself if you really do not do homework.