Posted by SLIM25 > 2015-01-27 18:11 | Report Abuse

Please find attached GHL's Press Release in relation to the Agreement.

Information on the Agreement

The Agreement to commence operations to acquire merchants under a Third Party Acquirer (“TPA”) or Payment Service Provider (“PSP”) arrangement with Global Payments Card Processing Malaysia Sdn Bhd was signed on 5 June 2014 and a supplemental Agreement was signed on 19 December 2014. The finalisation of the press release w​as concluded on 27 January 2015.

The Agreement came into force on 19 December 2014 and remains in effect until terminated. There is no initial sales value under the Agreement. Revenue earned by GHL is derived from terminal rental and merchant discount rate​s ​that will continue as long as GHL sign’s​-up merchants for card acceptance as a TPA​/PSP​ with G​lobal Payments Malaysia.

The Agreement is expected to contribute positively to GHL group in the financial year ending 31 December 2015 and onwards. ​There are no changes to the share capital and shareholding structure as a result of this agreement.

GHL Group will continue to be exposed to similar business, financial, operational and investment risks in the payments industry that the Group is ​presently involved in. These risks include​,​ but ​are ​not limited to​, changes in the economic and political environment, inflation and interest rates, taxation, currency fluctuations, legislative and regulatory policy changes. In addition, the Agreement is also dependent on the performance of the ​Malaysia economy, inflation, interest rates, and policy changes.

None of the Directors or major shareholders of GHL or any person connected to the Directors or major shareholders have any interest, direct or indirect, in the Agreement.

The Board is of the opinion that the Agreement is in the best interest of the Company.

This announcement is dated 27 January 2015.

Posted by wiseeye > 2015-01-27 19:20 | Report Abuse

Just let the management do their work. We can passively manage our funds and if we're unhappy just sell them.

Posted by Christine Goh > 2015-01-27 21:31 | Report Abuse

Congrats whose have patient wait this ghl slowly up give rewards to royalty khakis....


http://www.theedgemarkets.com/my/article/ghl-systems-eyes-4000-merchants-local-payment-facilitator-initiative

Who are they ? Here ---> https://www.google.com/finance?cid=665760

http://www.reuters.com/finance/stocks/companyProfile?rpc=66&symbol=GPN

Posted by rosetan > 2015-01-28 09:13 | Report Abuse

Alive today!

Posted by maa5959 > 2015-01-28 09:15 | Report Abuse

Hope this time climbing not falling anymore and keep moving up. I am patiently with ghl during its up and down.

Posted by newboy > 2015-01-28 09:20 | Report Abuse

Yay!!! Go Go GHL management.

@Christine, so your countdown earlier was pertaining to this announcement? :)

Posted by presleyken88 > 2015-01-28 09:49 | Report Abuse

newbie@ isit too late to buy this counter?

Posted by newboy > 2015-01-28 10:01 | Report Abuse

presleyken, welcome to this thread and im sorry, i dont know the answer to your question. Some of the friends here will also ask, what is the TP? again, i dont know the answer. I let other friends here that is more knowledgeable and experience to answer that 2 questions. :)

Posted by rosetan > 2015-01-28 10:12 | Report Abuse

It's uptrend now. How high it can go, nobody knows.Reached 1.33 last year.

Posted by SLIM25 > 2015-01-28 10:27 | Report Abuse

Hi Rosie, 1.33 was before the bonus i think... for now, i strongly feel could go till 1.10-1.20 range :) conservatively...

Posted by bullbear777 > 2015-01-28 10:37 | Report Abuse

Kan dah cakap minggu lalu...wakaka


Stock: [GHLSYS]: GHL SYSTEMS BHD
Jan 23, 2015 01:27 PM | Report Abuse

Saya accumulate hari ini wakakaka. Next week pecut hehe!


----------------------

Posted by rosetan > 2015-01-28 10:57 | Report Abuse

I am more conservative ... my TP is 1.00.

Posted by maa5959 > 2015-01-28 11:03 | Report Abuse

Hope GHL will become solid like SYSTECH, even with red ocean, the price stand strong.

Posted by kakashii > 2015-01-28 11:09 | Report Abuse

Failure to breach 0.82 will result pullback...

Posted by mc121534 > 2015-01-28 12:19 | Report Abuse

One more time, 30 days.

Posted by Christine Goh > 2015-01-28 13:07 | Report Abuse

28 January 2015
Malaysia
Company Flash Note
GHL Systems Bhd   |  PDF
Securing Malaysian TPA
GHLS MK / GHLS.KL  | ADD - Maintained  | RM0.77 /Tp RM1.00
Mkt.Cap:US$136.20m  | Avg.Daily Vol:US$0.72m  | Free Float:35.30%
IT Services  | Author(s): Mohd Shanaz NOOR AZAM +60 (3) 2261 9078,
▊ GHL has signed an agreement with Global Payments for a TPA arrangement in Malaysia. This marks its entry into the direct merchant acquisition space, consolidating its position as the nation’s leading payment services provider. With this, we expect GHL to derive stronger earnings from terminal rental and merchant discount rates. Despite the delay in finalising the agreement, we maintain our FY14-16 EPS forecasts and reiterate our Add call and target price, still based on 23.8x CY16 P/E (40% premium to the payment sector average), in view of GHL’s strong FY13-16 EPS CAGR of 72% and attractive PEG of 0.7x. Stronger TPA earnings and M&A activities in new markets are potential catalysts. GHL is our top pick in the domestic technology sector.

What Happened
GHL announced that its subsidiaries, GHL Cardpay and GHL Epayments, have signed an agreement with Global Payments Malaysia (GPM) to acquire merchants under a Transaction Payment Acquisition (TPA) arrangement. Under the agreement, GHL will acquire new merchants for GPM by providing sales, marketing and on-boarding services. GHL will also facilitate transaction and fund settlements between GPM and the new merchants. The company expects to start deploying its point-of-sales (POS) terminals in 2Q15, and targets to sign up 3,000-4,000 merchants as an initial rollout plan in 2015. Separately, its Philippines TPA development is still on track; management expects a full POS rollout in Mar 15 upon completion of back-end integration.

What We Think
Although the Malaysia TPA announcement did not come as a complete surprise, it was nevertheless a relief that GHL has finally secured the agreement after recent delays. We understand that given GPM’s partnership with HSBC Bank Malaysia, the bank will act as a local clearinghouse for the payment transaction as required by Bank Negara. Thus, GHL can officially begin its merchant acquisition process and start generating revenue from merchant discount rates and terminal rental from the smaller third- and fourth-tier merchants. We project that 10,000 merchants will sign up for its TPA service in 2015 mainly driven from Malaysia and the Philippines which is expected to reach over 9,000 merchants, while we see minimal growth from Thailand given the uncertainty surrounding the country’s political environment.

What You Should Do
Accumulate the stock. Overall, we think GHL’s growth prospect is intact and we remain confident of its execution strategy.
         
         
Previous [ GHL Systems Bhd ] reports...
16/12/14  Co.Flash  Securing Philippines TPA  (ADD, RM0.60 /tp RM1.00)
26/11/14  Co.Results  TPA-driven growth still on track  (ADD, RM0.74 /tp RM1.06)
28/10/14  Co.Flash  One-for-two bonus issue goes ex  (ADD, RM0.83 /tp RM1.06)

Posted by wiseeye > 2015-01-28 15:12 | Report Abuse

Looks strong.

Posted by cheeseburger > 2015-01-28 15:33 | Report Abuse

good

Posted by Tornado > 2015-01-28 15:41 | Report Abuse

; )....

Posted by esl_22 > 2015-01-28 18:00 | Report Abuse

Is it too late join this boat now?

Posted by aliimam > 2015-01-28 18:02 | Report Abuse

yes very late now

Posted by aliimam > 2015-01-28 18:03 | Report Abuse

i have already bought the return ticket. lolzzzzzz

Posted by aliimam > 2015-01-28 18:04 | Report Abuse

@esl_22 , u must be happy now with ur smrt going up

Posted by Tornado > 2015-01-28 21:26 | Report Abuse

aiyoyo .... better late than never..... ; )

Posted by Christine Goh > 2015-01-28 21:58 | Report Abuse

hehe ....

Posted by esl_22 > 2015-01-29 06:35 | Report Abuse

@aliimam: bro, SMRT still not reached my tp yet.. Still paper lost.

Posted by aliimam > 2015-01-29 08:08 | Report Abuse

@esl_22

these shares are going upup due to there pure earnings growth and potential. ups and down will be there but very fast going to touch new highs .
ifcamsc -2.20 rm
ghlsys - 1.80 rm
megb - 1.90 rm
smrt - 1.70 rm
dnex -1.10 rm
systech - 0.90 rm

give 1 full fiscal year to these shares u will be rich rich and rich .
this is not my forecast, infact one of the private equity fund internal analysis based on capital gain and dividends and growth potential.
by 2016

Posted by aliimam > 2015-01-29 08:20 | Report Abuse

so moral of the story , stay invested in these shares. make a portfolio consist of the above mentioned shares . BUY THESE SHARES ON EVERY HEAVY CORRECTIONS IN MARKET . u will gain handsomely.!!!
personally if u ask me, among all these above mentioned shares GHLSYS , DNEX are having strong management and potential growth in future beyond anyone comprehension.
GOOD LUCK FOR 2015

Posted by presleyken88 > 2015-01-29 11:32 | Report Abuse

what happen to this counter....I just bought yst...TT.

Posted by Christine Goh > 2015-01-29 11:35 | Report Abuse

This ctr not for punt...keep it ....good luck for new investor ")

Posted by rosetan > 2015-01-29 11:58 | Report Abuse

http://klse.i3investor.com/blogs/chrissy/69418.jsp

Posted by Ng MC Angie > 2015-01-29 19:39 | Report Abuse

Aliiman, hope as you mentioned but when only can reach there.

Posted by aliimam > 2015-01-29 20:10 | Report Abuse

yeah correct , let me give u an example , 6 months ago , if i would have told u ifcamsc will hit 1 rm . would u have believed.
the answer is NO.
BUT these peoples did. i came to know almost 6 months ago and they said that take a delivery of ifcamsc immediately , and i did not . i got hold of ifcamsc at 0.27 and sold at 0.32 . again i got ifcamsc at 0.45 sold at 0.68 . again i got 0.75 cents and now i did not sold , got a lesson of my life . never sell goldmine shares.
so lesson what i learned is if u spot a GEM , never let it go . play with it and keep it in ur portfolio.
the same group told me about dnex at 0.24 cents/ i got this at 0.25 . and this time i will keep it. not repeat the mistake wht i did in ifcamsc.

Posted by aliimam > 2015-01-29 20:12 | Report Abuse

and same goes with GHLSYS, another GEM of KLci.

Posted by ckwong86 > 2015-01-29 22:21 | Report Abuse

Dnex is good company?

Posted by esl_22 > 2015-01-30 06:44 | Report Abuse

Noted aliimam bro. Thx. ^^

Posted by esl_22 > 2015-01-30 06:44 | Report Abuse

DJ increased to 1,7416.85. +1.31%.

Posted by secret90 > 2015-01-30 09:27 | Report Abuse

What is happening now? Why thr price keep dropping? Now is back to tuesday closing price again =.=

Posted by saujana > 2015-01-30 14:44 | Report Abuse

Ghlsys can top to rm1? Now seems active

Posted by saujana > 2015-01-30 23:10 | Report Abuse

http://c hartian.com/technical-bread-20/

Posted by jiayi_cbobghia > 2015-02-04 12:49 | Report Abuse

Believed in what you believe. Ghlsys growth is supported with facts and figures.

Posted by spaghetti932 > 2015-02-04 21:47 | Report Abuse

got volume, but .... price not moving .... still ... continue to wait .... again.

Posted by Voon Choon Foo > 2015-02-04 23:24 | Report Abuse

can break 0.90 easily.. just wait

Posted by Ng MC Angie > 2015-02-05 11:55 | Report Abuse

Til when????

Posted by spaghetti932 > 2015-02-05 21:51 | Report Abuse

till durian jatuh ... :P

Posted by hsteoh56 > 2015-02-05 21:57 | Report Abuse

another few months time durian jatuh.

Posted by Christine Goh > 2015-02-06 11:19 | Report Abuse

:)

Posted by presleyken88 > 2015-02-06 15:49 | Report Abuse

=)

Posted by mc121534 > 2015-02-06 17:12 | Report Abuse

Within days.

Posted by Christine Goh > 2015-02-06 17:30 | Report Abuse

Our dream come true.