MANAGEPAY SYSTEMS BERHAD

KLSE (MYR): MPAY (0156)

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Last Price

0.11

Today's Change

+0.015 (15.79%)

Day's Change

0.095 - 0.115

Trading Volume

9,449,100


29 people like this.

16,007 comment(s). Last comment by Sword 2024-08-29 12:26

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2015-06-30 23:37 | Report Abuse

I look at the company fundamental, I have nothing to say.

Posted by Drunk Panda > 2015-07-01 09:50 | Report Abuse

Gogogo up should be a reversal by looking at the chart

plaxo 88

153 posts

Posted by plaxo 88 > 2015-07-01 11:39 | Report Abuse

no go up, no go down....another censof waiting to go down. Any solid news?

ksyewks

104 posts

Posted by ksyewks > 2015-07-01 15:04 | Report Abuse

price will be maintain at 0.30, obviously this stock has stronger fundamental compared to sedania and other IT counters. hold it guys

III

189 posts

Posted by III > 2015-07-01 16:36 | Report Abuse

Just dislike P/E >500

mondrian

381 posts

Posted by mondrian > 2015-07-02 08:47 | Report Abuse

Today see got show or not.

III

189 posts

Posted by III > 2015-07-02 09:15 | Report Abuse

Ya...

MC88

642 posts

Posted by MC88 > 2015-07-02 12:16 | Report Abuse

In principle and in academic use, an arbitrage is risk-free; in common use, as in statistical arbitrage, it may refer to expected profit, though losses may occur, and in practice, there are always risks in arbitrage, some minor (such as fluctuation of prices decreasing profit margins), some major (such as devaluation of a currency or derivative). In academic use, an arbitrage involves taking advantage of differences in price of a single asset or identical cash-flows; in common use, it is also used to refer to differences between similar assets (relative value or convergence trades), as in merger arbitrage.

JamieC

874 posts

Posted by JamieC > 2015-07-02 12:59 | Report Abuse

MC88...cud u pls explain in layman terms???

mondrian

381 posts

Posted by mondrian > 2015-07-02 13:07 | Report Abuse

Lol. was about to ask.

Posted by WarrantsKing > 2015-07-27 16:32 | Report Abuse

I concur. Good time to accumulate Mpay warrants and convert to mother. Private placement price is at 23 cents.

MC88

642 posts

Posted by MC88 > 2015-07-02 17:05 | Report Abuse

Yeah u r right. WarrantsKing is back.

alibabacoming

3,466 posts

Posted by alibabacoming > 2015-07-02 14:55 | Report Abuse

RUN

Profit

3 posts

Posted by Profit > 2015-07-02 15:25 | Report Abuse

run or buy mpay-wa?

madiba

287 posts

Posted by madiba > 2015-07-02 15:51 | Report Abuse

This is to re-affirm my last comments on 16 June and there has been no red flags to indicate a change to my buying position at current levels.

June 16, 2015 01:30 PM | Report Abuse

Spot on. The new shareholders credibility and business transformation will awe everyone moving forward. Oversold and cheap at current levels once more revelation of the new shareholders come out. This is a financial technology stock that will continue to out perform the index.

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Once clarity on the new shareholders are out very soon I do not expect any shares overhang whatsoever from the placement shares and or warrant conversion. Kindly note I do not hang around forums all day to answer your queries or sarcasm.

You are free to buy or sell on your own risk and no malice intended. Once the new shareholders are known I trust you will know the truth. I am not a short term sentiment or technical trader merely a keen regional investor in stocks like Mpay and GHL in Malaysia. These Grexit induced market gyrations are perfect for investors like me to accumulate as Mpay will continue to outperform the index as before. The worse is over.

Good luck everyone.

JamieC

874 posts

Posted by JamieC > 2015-07-02 15:56 | Report Abuse

wow! thanks very much madiba! :)

JamieC

874 posts

Posted by JamieC > 2015-07-02 16:01 | Report Abuse

profit...its both...run to buy mapy-wa lor! :D

MC88

642 posts

Posted by MC88 > 2015-07-02 16:24 | Report Abuse

As I said WarrantsKing is back. This guy is arbitrage king.

Posted by chickenstock > 2015-07-02 16:50 | Report Abuse

Madiba rule zzzzz! !!

Posted by sleepyhead > 2015-07-02 17:16 | Report Abuse

Steady Madiba!!

And well said. you are not paid by anyone to answer queries. Yet you are here to provide us valuable information when appropriate. And your information is very accurate!

Posted by bullbear777 > 2015-07-02 17:43 | Report Abuse

shiok lah beli ini tiga hari wakakaka tak payah kejar kaunter! Tunggu diam diam orang jual pada saya muahahaha! dunjeolousme.

JamieC

874 posts

Posted by JamieC > 2015-07-02 18:14 | Report Abuse

Guys the names of the placees are announced! Anyone knows who they are?

JamieC

874 posts

Posted by JamieC > 2015-07-02 19:10 | Report Abuse

Datuk yvonne chia i knw...the very famous banker :)

Posted by sleepyhead > 2015-07-02 19:29 | Report Abuse

Madiba.... you damn good to have preempted us for so long!!! I feel more confident now with these names... Super ripe for takeover!

Silverlake Axis Ltd. operates as an investment holding company, which provides digital economy software solutions and services to the banking, insurance, payment, retail and logistics industries. The company operates through six business segments: Software Licensing, Rendering of Software Project Services, Maintenance & Enhancement Services, Sale of Software & Hardware Products, Credit Card Processing Services and Insurance Processing Services. Silverlake Axis was founded on July 29, 2002 and is headquartered in Singapore.

Asia's 200 Best Under A Billion and Market cap of $2B! Surely they are not just coming in for fun.

This is serious stuff man!

JamieC

874 posts

Posted by JamieC > 2015-07-02 19:44 | Report Abuse

Madiba greatly appreciate ur effort in analysing the id of the new shareholders...TQVM :)

sheep

3,852 posts

Posted by sheep > 2015-07-03 08:39 | Report Abuse

Wow, if all warrants exercised n placement shares completed, there will huge dilution of shares. How to go up? Gonna take few years to built up business. Buy for long term

alibabacoming

3,466 posts

Posted by alibabacoming > 2015-07-03 09:01 | Report Abuse

FLY

syioksyiok

712 posts

Posted by syioksyiok > 2015-07-03 09:03 | Report Abuse

tks for the info!! may God bless you!

Posted by Der RanjAu > 2015-07-03 09:05 | Report Abuse

waaahh this counter fly high lah this morning. aiseh ...miss the flight

Wind Ng

33 posts

Posted by Wind Ng > 2015-07-03 09:06 | Report Abuse

placements is only done at 23 sens. these people are making free money

alibabacoming

3,466 posts

Posted by alibabacoming > 2015-07-03 09:08 | Report Abuse

FOCUS

bukithot

457 posts

Posted by bukithot > 2015-07-03 09:31 | Report Abuse

Mpay placement attracts Yvonne Chia, Kuan
Friday, 3 July 2015 THE STAR
PETALING JAYA: The private placement exercise by ManagePay Systems Bhd (Mpay) has attracted investors such as former Hong Leong Financial Group Bhd CEO Datuk Yvonne Chia and Fajarbaru Builder Group Bhd chairman Tan Sri Kuan Peng Ching @ Kuan Peng Soon.
The placement entails an issuance of up to 175.71 million shares, which represents 30% of its existing issued and paid-up share capital to third party investors at an issue price of 23 sen.
In a filing with Bursa Malaysia yesterday, Mpay said that about 120.82 million shares has been subscribed by independent third party for RM27.8mil.
It said Chia has will subscribe for 20 million shares for RM4.6mil, while Kuan will subscribe for five million shares for RM1.15mil.
Other investors include ConnectIoT Sdn Bhd will subscribe the biggest stake in the placement at 13.8 million shares. Followed by RedGiant Analytics Asia Sdn Bhd 26.47 million shares, Andrew Chia Wei Jun 12 million shares, Chu Hong Keong eight million shares, Chin Chee Thoy 20 million shares and Soon Kian Heng 15.55 million shares.
The proposed private placement is conditional upon the approval from its shareholders upcoming extraordinary general meeting scheduled on July 14, 2015.
Mpay had said that the bulk of the proceeds raised will be used to develop its electronic money (e-money) project via online wallet and prepaid card.
It said that assuming all 182.98 million warrants are exercised prior to the implementation of the proposed private placement, the maximum number of placement shares to be issued is 175.71 million.
As at yesterday, Mpay’s issued and paid-up share capital stood at RM40.5mil comprising 405.42 million shares.
Shares in Mpay closed 1.79% higher to 28.5 sen yesterday with1.8 million shares traded.

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2015-07-03 09:31 | Report Abuse

why you link with Mr Goh Peng Ooi ? Only one of its staff is investor only wo?

mondrian

381 posts

Posted by mondrian > 2015-07-03 09:32 | Report Abuse

sell on news? If you are long term, can keep. Good price now.

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2015-07-03 09:40 | Report Abuse

can keep if you want to.

Mikurik

6 posts

Posted by Mikurik > 2015-07-03 09:47 | Report Abuse

Thx Madiba for the precious information. Der RanjAu, u still can fly if u buy the warrant now which is RM0.075, then convert to mother share add RM0.200 become RM0.275, which is RM0.03 cheaper than current mother share price RM0.305! :)

cheeseburger

2,880 posts

Posted by cheeseburger > 2015-07-03 10:06 | Report Abuse

good

cheeseburger

2,880 posts

Posted by cheeseburger > 2015-07-03 10:07 | Report Abuse

MPAY is up for something big. Stay tuned...big show is on the way

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2015-07-03 10:17 | Report Abuse

today 0.32

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2015-07-03 10:53 | Report Abuse

New shareholders not kaki goring?

Posted by newinvestor8 > 2015-07-03 11:19 | Report Abuse

why share price drop?

Posted by newinvestor8 > 2015-07-03 11:27 | Report Abuse

what is the next TP, Madiba?

ahdi

274 posts

Posted by ahdi > 2015-07-03 13:59 | Report Abuse

more good news to come

star7

1,660 posts

Posted by star7 > 2015-07-03 14:48 | Report Abuse

I cakap saya beli dia punya product,sekarang e payment punya era lor

Posted by bullbear777 > 2015-07-03 20:13 | Report Abuse

WAKAKAKAKAKA senang saja buat duit untung hari ini selepas kutipan 3 hari lalu yay!
dunjeolousme saya trader terbaik keluar masuk keluar masuk hehehehe.........


Jul 2, 2015 05:43 PM | Report Abuse

shiok lah beli ini tiga hari wakakaka tak payah kejar kaunter! Tunggu diam diam orang jual pada saya muahahaha! dunjeolousme.

DreamEmperor

3,340 posts

Posted by DreamEmperor > 2015-07-04 02:11 | Report Abuse

MPay WA looking more nimble & agile than Mother ...

MC88

642 posts

Posted by MC88 > 2015-07-04 07:14 | Report Abuse

Accumulate the warrants and convert. U can't lose.

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