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

hotdogge

1,294 posts

Posted by hotdogge > 2015-08-27 20:01 | Report Abuse

good sign:)

JamieC

874 posts

Posted by JamieC > 2015-08-28 07:53 | Report Abuse

Thanks for the good news hotdog..hehehe...

MC88

642 posts

Posted by MC88 > 2015-08-28 12:56 | Report Abuse

Who let the dogs out.

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2015-09-01 16:23 | Report Abuse

madiba let the dead dog out?

mondrian

381 posts

Posted by mondrian > 2015-09-02 08:47 | Report Abuse

0.17 possible today. Good luck

madiba

287 posts

Posted by madiba > 2015-09-02 10:02 | Report Abuse

Good morning. Lets recap the situation for Mpay:

1)RM 80 million cash in the bank.
2)Strong balance sheet.
3) Zero debt.
4) NTA backing of 17 cents.
5) Price to book of only 1.2X.
6) Valuable e-money licence from Bank Negara (ie digital banking).
7) Major beneficiary of Malaysia's e-money migration 2016-2020.
8) Regional China Union Pay TPA provider.
9) Fragmented major shareholder (Mr Chew holding less than 20% and major buyer in the market below 20 cents recently).
10) Datuk Yvonne Chia and other placement takers (Silverlake's indirect nominees) still holding an aggregated d20% block @23 cents.
11) Earnings lift off FY 2016.
12) Beta relative out performance against the Bursa index even in a bear market.

........the list goes on.

What we have now are external shocks impeding the stock upside as it was @30 cents before the whole market crashed. Once the situation normalised over the course of the next 3 months I expect the clarity above will resonate. I am activating my buying again in this down-turn to capture excellent prices in expectation of a recovery to the 28 cents level (1.65X price to book vs GHL 2.5X currently) on the back of a less volatile and steadier market condition underpin by further clarity via corporate announcements and reduction in valuation discount. Good luck everyone. Stirred but not shaken.

Note: Buy and sell at your own risks as usual. I don't hang around forums.

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2015-09-02 10:37 | Report Abuse

The list go on and on....

MC88

642 posts

Posted by MC88 > 2015-09-02 11:35 | Report Abuse

Strange to find not much buying interest today.

star7

1,660 posts

Posted by star7 > 2015-09-02 12:44 | Report Abuse

Problem political uncertainty

ufis

504 posts

Posted by ufis > 2015-09-02 20:42 | Report Abuse

exited ALL of the 8th tranche on 6/8 so, so, yummy..(see posting)
been waiting for madiba/bullbear's call since 15/8 (see posting)
just started TICKLING today at 19.5sen for the 9th TRADING position..
the HANTAM position hopefully will be presented soon with the corporate announcements as indicated by madiba..
tq madiba as usual!!!!

WiseEye

1,199 posts

Posted by WiseEye > 2015-09-02 23:08 | Report Abuse

madiba, ur writing sounds impressive but its not mainly bcz u got ur facts wrong. the nta is 13 cents not 17 cents (a bit of exaggeration but i dont mind)

but most significant bullshit part is RM80 million cash in the bank. not sure if you know how 2 read the accounts or not, but there is definitely no RM80m in the bank, jz RM18m. maybe 18 sounds 80 to u.

to be honest, i'm a strong supporter of mpay but not to the extend of conning other people with you blatant lies and wrong facts. u're one hell a dumb, if not dumb, careless investor who read the financials wrongly, totally upside down.

JamieC

874 posts

Posted by JamieC > 2015-09-03 08:22 | Report Abuse

Happy morning wiseeye n everyone :)
Wiseeye cud it b a misunderstanding?
Is there a possibilty that u r referring to financials as at june 15 while madiba's calculations r based on post warrants conversion n private placements exercises?
I've roughly calculated n it comes to slightly more than RM80M after adding in existing net cash but im no expert so cud b wrong...hope u can double check..appreciate it very much :)

MC88

642 posts

Posted by MC88 > 2015-09-03 11:30 | Report Abuse

Listen to Madiba. Actually the company should have more than MYR80m.

kelvinfixx

1,246 posts

Posted by kelvinfixx > 2015-09-03 15:14 | Report Abuse

yah more then 80mil, but the share price is cheap

dorian

42 posts

Posted by dorian > 2015-09-03 15:28 | Report Abuse

Opppsss …. looks like somebody gonna have eggs on their face.

JamieC

874 posts

Posted by JamieC > 2015-09-03 20:39 | Report Abuse

MC88 many thanks for ur confirmation :)

MC88

642 posts

Posted by MC88 > 2015-09-03 22:22 | Report Abuse

Anytime.

WiseEye

1,199 posts

Posted by WiseEye > 2015-09-04 18:20 | Report Abuse

mc88, the increase in cash from private placement will result in increase in number of shares issued. hence, in a perfect scenario, the nta will not change. so please read up some accounting books first before vouching for madiba's statements, otherwise u will look dumb too. looks like you will have eggs in your face.

on the amount of cash that the company holds now, no one is sure because it is yet to be reflected in the latest quarterly earnings.

thanks.

WiseEye

1,199 posts

Posted by WiseEye > 2015-09-06 01:57 | Report Abuse

mc88, thank you for your interest in my shares but i am buying more, hence i'm not selling.

stainlyho37

2,275 posts

Posted by stainlyho37 > 2015-09-07 12:31 | Report Abuse

mpay may jump to 0.24 this few days......loading in now...

Posted by bullbear777 > 2015-09-07 12:43 | Report Abuse

Pulang sayang ku sudah pulang wakakaka...oppa gangnam style. Senang saja...X blink.

ufis

504 posts

Posted by ufis > 2015-09-07 13:00 | Report Abuse

@bullbear..memberi hormat pada u punya panggilan..
reloading in the afternoon session for my 10th trading position..
bolih wa guna vacuum atau penyapu lidi saja???..wakakkikiiikkiiik

stainlyho37

2,275 posts

Posted by stainlyho37 > 2015-09-07 16:13 | Report Abuse

still wait ???..

star7

1,660 posts

Posted by star7 > 2015-09-07 20:22 | Report Abuse

Hahaha bull,mana u punya lombor,lagi dlm workshop kah,sudah simpan lama lah,mau kasih dia try run dulu,tengok lagi ada power kah,kikiki kakaka wakaka

stainlyho37

2,275 posts

Posted by stainlyho37 > 2015-09-08 10:01 | Report Abuse

still charging ???? when to go....

JamieC

874 posts

Posted by JamieC > 2015-09-08 10:33 | Report Abuse

weird price movements from mpay today...looks like going to fly high provided klci remains steady...let's pray guys :)

stainlyho37

2,275 posts

Posted by stainlyho37 > 2015-09-08 10:56 | Report Abuse

ya....just watch out...

JamieC

874 posts

Posted by JamieC > 2015-09-08 11:06 | Report Abuse

yahoooo!!!!

JamieC

874 posts

Posted by JamieC > 2015-09-08 11:06 | Report Abuse

come on guys come out n play!!!

JamieC

874 posts

Posted by JamieC > 2015-09-08 11:08 | Report Abuse

once break 0.23 will rocket lor...guys come out n support la :)

JamieC

874 posts

Posted by JamieC > 2015-09-08 11:08 | Report Abuse

haiya pity me..so lonely :(

stainlyho37

2,275 posts

Posted by stainlyho37 > 2015-09-08 12:09 | Report Abuse

today to clear 0.22 first.....look +ve to clear off...

stainlyho37

2,275 posts

Posted by stainlyho37 > 2015-09-08 14:53 | Report Abuse

0.22 ..one time clear .....coming....

JamieC

874 posts

Posted by JamieC > 2015-09-08 15:00 | Report Abuse

haha stainlyho37 only u n me left in this counter...ok lets push together!!! yahoooo!!!! :D

JamieC

874 posts

Posted by JamieC > 2015-09-08 15:02 | Report Abuse

klci going for uptrend..gainers exceeding losers dy....yay!!!

III

189 posts

Posted by III > 2015-09-08 15:06 | Report Abuse

I'm still in this counter, but low vol holding :(

stainlyho37

2,275 posts

Posted by stainlyho37 > 2015-09-08 15:10 | Report Abuse

cheers ...Jamiec...just wait...soon to clear 0.22 ...haha...

stainlyho37

2,275 posts

Posted by stainlyho37 > 2015-09-08 15:24 | Report Abuse

start the show if clear 0.22...

JamieC

874 posts

Posted by JamieC > 2015-09-08 15:58 | Report Abuse

yahoooooo!!!!!!! huat arrr!!!!!!

mondrian

381 posts

Posted by mondrian > 2015-09-08 16:05 | Report Abuse

Good stuff JamieC

Posted by bullbear777 > 2015-09-08 16:11 | Report Abuse

Ahem.....

Pulang sayang ku sudah pulang wakakaka...oppa gangnam style. Senang saja...X blink.
07/09/2015 12:43

Rav Cheema

845 posts

Posted by Rav Cheema > 2015-09-08 16:16 | Report Abuse

wow suddenly up....why so many counters suddenly up?

star7

1,660 posts

Posted by star7 > 2015-09-08 16:18 | Report Abuse

Hahaha bull,mana u punya lambor ,lagi tak boleh pakai kah,sekarang hanya move your body only lah,apa ini wakaka

star7

1,660 posts

Posted by star7 > 2015-09-09 10:24 | Report Abuse

Hahaha sudah warm up ,tak boleh lepas punya ini kali ,wakaka

stainlyho37

2,275 posts

Posted by stainlyho37 > 2015-09-09 12:11 | Report Abuse

helo...jamiec...i am clear all 0.24/245...shifted to Ikhmas..

JamieC

874 posts

Posted by JamieC > 2015-09-09 14:54 | Report Abuse

stainlyho37 thanks for informing..im in for the long haul :)

ufis

504 posts

Posted by ufis > 2015-09-10 13:18 | Report Abuse

reloaded n only managed to get 23.5sen today for the 11th trading position..will it be another orgasmic reward??

megastron

68 posts

Posted by megastron > 2015-09-15 14:28 | Report Abuse

http://chart ian.com/traders-note-86/

Posted by leslieroycarter > 2015-09-15 16:01 | Report Abuse

going lower each day....?

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