Technically, that happen in the past decade. Amazon, ebay will have long gone if first mover die per say. Now, mpay is just copying their model (l not sure). But, it is not first mover
Pavillion also said a lot of negative things on GHL. But the price of GHL keeps moving up. Now he is here...interesting. Go contrarian with Pavillion. kekeekkekek
Ghl is a merchant acquired and terminal rental on proven environment. Some banķ want to outsourced this function... especially on small and new merchant. They never being successful on internet payment...ipay88 are doing better. But Mpay ewallet etc is different....no other countries are really successful on micro payment......China is the only country leading.....but Alipay develop after they have billion transactions and user....and that also more on phone application.
Touch N Go has upper hand....and monopoly on all transport payment.....going to expand on other areas. ...but the progress are too slow.....because they facing the similar problems...like other more develop countries. ...transaction cost is too expensive...simply not viable (that why some merchant set a minimum payment of RM50) and retailer especially small retailers (since this is micro payment) do not want to invest on the systems hardware etc and for your information bank are very careful with who their merchants to avoid fraud....so not everybody can become bank merchant.
Go and visit US,Europe, Australia, Japan, Korea etc...they still use coins.
i always like Pavilion's arguments. He bashed down GHL when it was trading at RM0.80. Look at where is GHL today RM1.52... that was the kind of return I made. Thank you
My view on Ghl subject .....Alipay are hype...only going to contribute marginal to Ghl and others...in fact Alipay is a threat to all e-payment services providers....nothing to do with stock price....still there are always sucker willing to buy high valuation stock.....in hope future earning will justify.
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....
newppl
133 posts
Posted by newppl > 2017-07-20 13:12 | Report Abuse
stormRider oso know silai1908? so gud