Thanks again Chris. Your intention is to provide information. That is a great effort. Some may disagree but many will be gratefully accept your guidance.
People who pray for this stock downfall concentrating towards negative thoughts towards it, without making any cognisance of a slippery ground in which they are standing, which will lead to their downfall.
No idea what eye I have. But I'm doing based on what I planned to do since weeks back. I've always wanted to collect more of ghlsys but at one point it went up to rm1 and I said forget it. Now it's back to mid 0.80s and I grabbed the chance to add more. More and more activities on ghlsys were out but the market being irrational wants to give us discount, so I just take it.
All right, whatever it is, We both have the same intention in common. The huge discounts is currently avaliable for sale today, that's what we want, before its gone , let us focus on what need to be done.
This is the inconsistency of Sin Chew Biz News, just in a short period of time two different views on the same company. It is very obvious that the paper has mislead the public and causing the weakness in Ghl Systems. Causing the weakness of stock fluctuations after the news broke out.
Hope all investors to act without any interference from media coverage and some irresponsibility forum members that make a false impression on this stock.
Today it is very quiet in this thread. I am wondering why only when a stock go down, many forum members will chip in and give all sort of comments but not when it's on up trend.
Hope this thread will attract more serious investors and not fly by night punters ... :D
Certainly glad to be part of this forum which provide some good reads from Mc, Christine, WiseEye etc. with some exceptions of hardcore punters & sore losers.
All in all this is a truly fun group with great sense of humour. For all of you serious investors - Hang in there!
In GHL we are blessed with the creme de la creme of the industry & business. Read up profiles of Simon Loh & team from Creador. Time will tell....Cheers!
Chris, Your sense of humour attracted some positive energy in to Ghl thread. Not only good at technical reads but a great humorous post. I cannot stop laughing looking at your "almost there on top" Anyway thanks for your contribution to make us smile.I am no where near you and WiseEye. But I will be wishing all the best to you and all ghl kakis.
WiseEye you too yea, haha. Not sure yea. Good. Then make sure you won't miss the boat to catch up Chris.
LongRiver, I notice you are definitely not a small stakeholder. You followed closely and very sharp in your writing. We didn't post to pleased anybody. We share what is supposed to and not to those who want to make quick bucks from trading and shorting this company.
This is not a fly by night company and not suitable to fly by night traders. We don't pray for it to go up when it drop nor make a fuss when it go down. Yes, the creme de la creme team is running the company starting from now. To what extent of the outcome is, nobody can predict. Only time will tell. But I have no regret on parking my money in this company.
Cheers again ? Not yet. When the right time due, I will cheers with you. Haha. Hope you don't mind.
Empty vessels make a lot of noise. Same thing...but no latest info. 2 groups of ppl...pro ghl cheering on...the other one also pro ghl but dont want to share.
Chris, thanks for your nice song. Actually it's older than me yea this song. But I don't have any information to be reveal to you. Just a few words from me as gesture of appreciation.
"It's better not to learn something than to learned it badly. A little leaning is a dangerous thing"
Hi.....mc ....hihi....i no need urs information to reveal to me...if any ppl need some information...can go to ghl investor relations department for inquiry about information.....hehe....i just invest ghl based on nice chart pattern ...
monthly and weekly chart is bullish ....buy signal still nicely...
for short term need test resistance 0.93....price support strong support 0.855.....overall still healthy don't have any down trend signal for long term chart ....
Opss, sorry dear WiseEye, I wrongly read your meaning. I thought you want to liquidate Ghlsys so I deleted my first posting.
I salute your determination and your business mindedness in your trust at this company. Myself has only one stock in my possession. That is GHL systems. I put all my apples in one basket. The only thing I realise is STUPIDITY in me. But that was 4 years ago. Since then I have no other excitement like other friends do in the stock market.
Once you decided to DO this you have to go thru the sense of loneliness like what I have gone through. If you can really endure the coming obstacle once you focus on one stock like me, wellcome you to the real Ghl kakis journey.
MC, thanks for sharing your experience. I am aware of the experience, but at the same time I'm adopting a very long-term view. If the quarter results are out, I would assess my decision based on the price at that time. I am ready to give this stock a one year timeframe from first quarter results and at the same time be ready to be less active in the stock market.
As I've done heavy research on this stock very throughly, I'm ready to be ruthless for once in my investment life. I'm particularly in favor of the share buyback policy and felt that management is ready to step in when prices are terribly rigged.
Oh well, will see how it turns out in one year from June onwards. In the timeframe, i will not be trading in and out. I will keep holding as long as there is no fundamental failure in the company. Hopefully the journey will be a pleasant one.
Good morning WiseEye , It's a good idea to be less active in the stock market as well as trading in and out if you already founded your Hiddengem. Haha one of my bro name.
If we look at the recent announced news in bursa , I personally view it as far more better than any insider news that anybody in the stock market hope to grab.
The management itself already shows the future capabilities. Funding is definitely not an obstacles to them now. Regional countries are racing towards cashless societies. M&A activities are a trend spreading across the region. They will buy growth. That's the only way to expand to achieve a real highly growth company. Other tie up is just to increase their revenues. It will not reflex the making of a great company. The next acquisition will be on the way, base on the support from their new partnership.
Regarding the price fluctuations recently, it is unavoidable because of overhang from the last run up that way too hot for this newly merged entity. Almost a third of their shares has been transacted on a week alone.
Bonus, I am sorry,I am not in a position to tell you the support price for this stock nor when the uptrend will resume again. I hope you understand my reason not to predict the price in a public forum.
The best way to get involve in this stock in when the movement has stabilise at one point after a correction. Please note that the company will not offer any additional placements or increasing their shares in the market at the near future. Hence, the supply will eventually minimize soon after the dust settle down.
Beware of chasing this stock for short term gain unless it breaks the resistant as mentioned by Chris posting.
According to Christine Goh's chart reading it may provide some clue and guidance for you. Please refrain from too emotional when the next uptrend resume again. Your money your choice. Good luck.
Integration E-pay system ‧ GHL to become ASEAN's largest provider of electronic payment
(Kuala Lumpur 25 hearing) GHL Systems (GHLSYS, 0021 , motherboard technology group) executive director Huang Jinguo said the company expected to be within two months will be E-pay Asia Limited integrated into existing electronic payment and related systems to full draw synergies and further development of domestic and international business focus towards ASEAN in 2015 to become the largest supplier of electronic payment ultimate goal. Actively explore the Indonesian market
Apart from Malaysia, the Philippines, Thailand and Australia, the company is also actively exploring the Indonesian market, having just taken an important first step in a month ago, signed a memorandum with the Indonesian state-owned company manufacturing currency Peruri, to pave the way for cooperation in the implementation of electronic payment activities.
Huang Jinguo disclosure today to accept the "Sin Chew Finance" interview, the company will continue to seek cooperation and investment opportunities in the ASEAN region, the next major goal in Burma and Vietnam to explore, to seek complement the company's existing electronic payment and related businesses, as well as synergies can deliver the highest business or partners.
He pointed out that Malaysia's use of electronic payment terminals and related services businesses around 300,000, while the National Bank plans to increase the number of businesses in 2020 to 1.3 million, will provide enormous opportunities for the company.
He added that the Government's Economic Transformation Programme (ETP), the National Key Economic Areas fourth program in the field of financial services, including electronic payment included, in order to reduce rely on cash transactions, that is, from now about 91.1% fell 63 percent level in 2020. The company will try to achieve this goal with the government, especially the younger generation more likely to accept the use of electronic services.
He pointed out that Malaysia's credit card penetration rate of only 15% of the population, indicating there is considerable room for growth. Meanwhile, the main driver of the company's business, including the ASEAN has a population of over 600 million, to $ 2.15 trillion economy of scale, integrated into the electronic payment ecoregions trend, creating more customers, businesses and other cross-trading opportunities.
He disclosed that the company currently has a total of 100,000 electronic payment terminals, including Malaysia and the Philippines have over 40000, Thailand has more than 10,000, which is relatively slow business growth, mainly due to the impact of political unrest . Active recombinant rectify
He pointed out that Malaysia's fiscal year 2012, 72% of the total business turnover, the Philippines and Thailand each accounted for 19% and 9%, while in 2013 it was 64%, 26% and 9%. The company plans in 2015, domestic and foreign trade turnover, will have equal shares, accounting for 50%. He pointed out that with the new major shareholder of the company and management into that actively restructuring consolidation, especially in the 2011 share of the total value of two thousand and eliminate 860,000 ringgit assets, mainly the book value of the old terminal and China operations after closing 5.5 million ringgit losses suffered, from the beginning of the 2012 fiscal year turnaround to keep ASEAN premier electronic payment service provider status.
As of April 24, 2014, the share capital of the company is 400 million 2 thousand 100 million, the net tangible assets per share of 30.4 cents, while the liabilities insignificant, currently the company's three core businesses, including electronic payment / acceptance systems outsourcing, electronic solutions services and transaction acquirers and other payment. (Sin Chew Daily / Finance)
bonus.....honestly can share to you....this stock i only buy on weakness and hold....
i can share to you what i saw...price can fine strong support at 0.85 based on 50ma at daily chart....if based on weekly chart price can find support at 10ma 0.855.... you can refer my blog here...just refer ....hope can give u as a guide ...
haha...newman....why said sorry? u are right...not have any wrong comment ...i am interesting want be friend wth u bcus u r honestly and shout wth real comment and views....i saw urs comment....i am happy see you here...i saw u win many ctr at mr market...congrats to you at ktb and mpay....
newman ....u are great to read chart too...hope ghl when reversal...u can ride together too.... :D
pop8872. if you really can hold buy REDTONE. inform gd2bkind 2 weeks ago to buy when 0.735/0.74;but never bought any. this share price will overtake the GHL price come nov/dec'14. should worth at least 3 time present price in 3/5 years long term holding. maybe I'm wrong buy at your own risk.haha
newman : thanks, must check fridge see got space or not lor, 3/5 years, my neck become giraffe liao, normally i prefer keep 3/5 months if really good ctr while doing punting daily mar..hihihihi
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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....
mc121534
2,517 posts
Posted by mc121534 > 2014-04-24 17:44 | Report Abuse
Thanks again Chris.
Your intention is to provide information. That is a great effort. Some may disagree but many will be gratefully accept your guidance.
People who pray for this stock downfall concentrating towards negative thoughts towards it, without making any cognisance of a slippery ground in which they are standing, which will lead to their downfall.
Keep up your honest views.