EPS 2.79 share n PE 60+ , add the stimulating alipay effect though not yet started , already made a significant move when the small fries entered with much enthusiasm n expectations. The old timers had quietly disappeared from the scene. As history proven , many small fried will be trapped for a long long time when market trend reverses , thus make cut loss a necessity though with a heavy heart.
"Starting this month, GHL Systems Bhd (GHL) will begin offering AliPay payment acceptance services to Malaysian in-store merchants, as well as online ones. The service will start with physical merchants before end-April, before being extended to e-commerce merchants, GHL said in a statement today."
Its only natural. Contra players will sell and make a quick gain. You have to decide whether you are in it for the long haul or short haul. For me, Alipay + Actis + influx of chinese tourists will boost the company's earnings in the future. Sure, it may be over-valued based on its current earnings, but its under-valued if you consider the possibilities that Alipay + Actis may bring. The balance sheet is also healthy as hell.
this counter good for both contra player and investor actually, if you just contra, you will panic and sell, if you become both (contra and investor) just switch to investor mind, considering the future prospects, my 2 cents...
melvintcs, since you entered high, I suggest you read their latest QR if you plan on holding for long. If got time, go through everything. If not, read the section B1, and B2 of the report. I don't want to over sell or over estimate, but at the moment, Alipay is said to be larger than Paypal in terms of transactions values per day. Understand how does that affect us, the tourists from China, the merchants here.
Spend time reading about Alipay. If possible, search for statistics. I personally, am happy with the future prospect and looking forward to updates in the next QR or press releases. But then again, I entered low.
aiya. now upward trend ma 顺势ride the trend lo.since volume so high. risk is comparatively lower than reward... Just bare in mind that if mati also, a lot of people mati with you.even go hell also feel like school trip. mati also happy. some people memang boat front scare ghost, boat end fear pirate. like that buy mutual fund la..
If privatize, can I ask RM10 per share for mine ka? Can do direct business transaction :P. Chicken feed in total if compared to what they'll potentially be making.
Lulu La moneypedia..can i know how many days contra can hold? how long a investor should hold...wonder how contra and investor mind set can put togather?
lulu la how long to keep im not sure for others, but for me within a week/s for contra, and if it has good prospect just switch investor mode, keep it a little or/and add at correction/retracement and hold for a few weeks or month or years (if dividend is quite good like azrb) depend on our own decision. my 2cents
Chiaw3n, some of us believe in the long term prospect, some short term only. If you want to enter, maybe have some idea of the price support/resistance concept.
What GHL should focus on is not Tesco or Jusco or big supermarkets. Rather, they should be going after merchants that sells a lot to or are popular with tourists from China. From there they will get a cut of the profits from the Alipay transactions. Its a no brainer for the merchants to use Alipay if they want biz from China.
Hehe, I think they are doing that. The Tesco/Parkson are tier 1 potential clients. An opportunity to get exposure to them through the Alipay venture. Tesco is one of the world biggest retailers. But let's not get too far ahead :P.
Ghlsys got the systems for e-commerce+alipay implementation, just need to further tailor them to customers' needs.
Don't forget the Philippines market they having. 2017 is the first full financial year period for Philippine market with relatively high MDR kicks into their books and Thailand Alipay as well. They not only good in Malaysia but also further expand their market to ASEAN. This is one of the reason why Alibaba choose to work with them. Left those Speculators aside. The prospect of this company is great. I would say recent news just bring all the spotlight to them. Those keep mentioning about high PER, don't buy! My 2 cents.
Why up n down soooo fast ? The answer is speculation n nothing but speculation. Business not yet started but profit already rolling ? Even BaBa has taken years to build not building castle in the air. Even business has dotted ink can change hands given our political scenarios , nothing is sure except balance sheet n proven records of earnings. At the end of the day , the truth will come out. It is better based on fundamental, Ta n not purely on market sentiment alone. Just sharing so that not many will get trap.
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1.70 block suddenly disappeared