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2014-08-30 19:19 | Report Abuse
Okay guys, I got stopped out @27cts. Cannot be helped. It is a trading discipline. Like Kukumanis said above, stay out if you have no shares in this counter. Otherwise, technical weakness has set in as a result of the heavy selling. However, should Mpay get the TRS (% is important), then a re-visit is encouraged.
2014-08-29 00:51 | Report Abuse
sorry $2300, $300 for Nike shirt.
2014-08-29 00:49 | Report Abuse
I just came back from ATM. Now got $2600 to wallop this counter.
2014-08-28 21:56 | Report Abuse
just joking ufis...hope you don't mind
2014-08-28 21:45 | Report Abuse
Noorgreen, pls read the posting a few posts above by madiba. You'll get an idea.
2014-08-28 21:30 | Report Abuse
Madiba! You are a superstar! You have a big fan club and I personally learnt a lot from your postings. Truly. It is just so great you are back!
2014-08-28 21:18 | Report Abuse
Bullbear777, can you see if you could obtain any links for us to ascertain certain parameters? I personally believe in your message but I am suggesting caution as a very normal course of matter. Do not take offense please.
2014-08-28 21:13 | Report Abuse
Mpayians! I am not saying there is no truth. I am saying be careful. Plse check for some sort certainty in the quantity etc2 before charging in.
The charts do point to further upward prices but check first on the contract size etc2.
2014-08-27 00:45 | Report Abuse
There is a better chance of an uptrend - "trend is your friend" as pple say, than otherwise. 3 scenarios - uptrend continues, sideways or down. I would go with the uptrend because we are in that. How else are you going to trade? Sell and wait until 21cts? There will be plenty of time to square the position if that is the case. I would stop out at 27cts. Or what? What if it is like now, when pxs are moving in the uptrend? Won't that be missed opportunity?
2014-08-26 22:10 | Report Abuse
Wassup folks? Another push to cross 90cts would see much higher pxs than 95cts recently. Remember folks, this could be a reverse H&S in action and its potential is huge.
2014-08-26 20:46 | Report Abuse
To think of Mpay losing 20 to 30% value from here would be to frighten your ownself to death for nothing. Even with below expectation results stocks have been known to carry on according to technicals which form the other part of overall analysis.
2014-08-26 20:39 | Report Abuse
Anyway, given last 2 days price action, you can be hopeful the upward momentum will continue.
2014-08-26 20:36 | Report Abuse
If Mpay gets the contract, then very good. Otherwise, they can now concentrate on their business besides the govt. ctr. Either way, it's ok. It is not some bad money losing stock. So cheer up! Massage your hearts a bit and breatheeeeeeeeeeee.
2014-08-26 20:33 | Report Abuse
Do not lose heart Mpayians. Technically, Mpay is heading upwards not only because of the falling wedge formation which is bullish but also another formation: the cup and handle. This is an overall consolidation phase and the resolute will win out. Fact is prices do move up and down b4 hitting new highs. It takes time.
2014-08-25 23:25 | Report Abuse
Mpay has broken out to the upside from the falling wedge. It suggests a continuation pattern if it was on an uptrend or a reversal pattern if it was otherwise. In either case, the trend has turned BULLISH.
Mpay is classified a technology stock and the above link to nst has AmInvest liking technology. Why they like LEDs I don't know but I can guess about software.
2014-08-25 22:58 | Report Abuse
Don't know if this helps, but I thought it is worthy news .. Technology stocks..BUY!
http://www.nst.com.my/node/26575
2014-08-25 22:44 | Report Abuse
Got news! Got news! Buy Technology stocks....read below
http://www.nst.com.my/node/26575?
2014-08-24 21:56 | Report Abuse
Beethoven, fur elise in various forms
http://www.youtube.com/watch?v=vUxvoieB0fA
2014-08-24 21:39 | Report Abuse
She bangs................. ricky martin
http://www.youtube.com/watch?v=eMNNDJ-zfKI
2014-08-23 18:21 | Report Abuse
Grandpa!! LOL, Ayam? Ayam....? you remember me....?
2014-08-23 16:52 | Report Abuse
LOL! Granpa borrows from bank, OD, lend to son....:D
2014-08-23 16:15 | Report Abuse
zu1967's "kakakaka" is very influential!
2014-08-23 16:11 | Report Abuse
waaaaaaaaaaaah, very restrictive lah A1.
Perhaps can consider borrowing from bank using margin but they lend at 50% for EAH ie. 1.5 times becomes 0.75 for instance. Must top up if the market goes against you a certain %. Suggest not to use margin unless you are pretty familiar at least. The comm. for margin is higher than the special rates online trading affords, giving a higher cost of entry.
In a sense, A1 is correct
2014-08-22 21:14 | Report Abuse
LOL @ oldman1010, vision 1010....target prices wahhhhhhhhhhhhh!!
2014-08-22 12:53 | Report Abuse
The act of huat = huat; the person who huats = huater; the process of huat = huating
huat/huater/huating
2014-08-20 19:39 | Report Abuse
cherrynut, you must see a doctor. Don't Eat At H...
2014-08-20 19:28 | Report Abuse
EAH: Eat At Hotel, clap! clap! clap!
EAH: Eat At Home.......? How ah?
2014-08-20 17:04 | Report Abuse
jiaLAT, jiaLAT, jin jia jiaLAT!= half or more dead!
2014-08-20 13:16 | Report Abuse
Charts work and this is evident - that's why there are charts. However, to swear a 100% by them would be foolish - as with any thing we cannot be too sure. Put a stop-loss to any trade you have made and stick to it.
2014-08-19 23:20 | Report Abuse
It is possible the upside breakout could occur anytime.
2014-08-19 23:04 | Report Abuse
In any case the highs are higher and the lows are higher lows suggesting a continuous uptrend.
2014-08-19 22:55 | Report Abuse
A falling wedge rally....a bullish sign.
2014-08-19 22:49 | Report Abuse
Looks like a reverse H&S has formed. A strong rally is possible.
2014-08-19 22:45 | Report Abuse
A rally is very possible soon.
2014-08-16 13:42 | Report Abuse
LOL >AyamTua, funny ....to graveyard ALWAYS HUAT... ? HAHAHA!
2014-08-12 00:38 | Report Abuse
When you formally accept an offer, you would be given the higher value, should the offer be later revised. However, you will get nothing at all if you were to sell into the open market.
2014-08-11 23:46 | Report Abuse
Haha...I am waiting....
By the way, there were 3 crashes this year for MAS - MH370, MH-Bursa and MH 17.
MH370 occurred 08-03, MH17 July17 but MH Bursa was May 16 - after the newspapers reported that Najib said bankruptcy for MAS was an option. Why did a PM say like that and then hardly 3 mths later, privatize MAS?
2014-08-11 16:42 | Report Abuse
I don't need Khazanah to up the offer. I need the Govt. to apologize to the public.
2014-08-11 16:36 | Report Abuse
May 16th till now is not even 3 mths. when the geniuses in the Govt. came up with this idea -it dawned upon them that like Ananda Krishnan became ***Xtra rich re-listing Maxis, so can they with Mas. And so, the public is called upon to do its national duty while they do theirs in private and perhaps later on re-list Mas with a whole new set of public! Wow!
2014-08-11 16:05 | Report Abuse
And why last Friday the price of MAS was prevented from crossing 24.5 cts although it hit 25 cts early in the morning? It was made to settle at 24cts. Why?
Stock: [MPAY]: MANAGEPAY SYSTEMS BERHAD
2014-08-30 19:30 | Report Abuse
ok kkms. Have a good weekend. Going out now.