| Latest Forum Topics / Artivision Tech |
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ARTIVISION TO SELL OFF ITS TECH LIKE ASTI ????
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TigTig
Master |
05-Nov-2017 10:37
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Also figured out where the 37million sellers came from. It' s quite obvious if you look at the chart.
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TigTig
Master |
05-Nov-2017 10:28
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Don' t know why the words all jumbled.  The SGX filing says it all, where the $80 million will come from.  2 cents is a steal, tomorrow will queue to buy.     
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TigTig
Master |
05-Nov-2017 10:25
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The SGX filing says it all, read it here.    The $80 million is to come from share issuance.    Conditions are extremely favourable for Arti to climb.  Tomorrow will queue to buy.  Only two more issues not settled, one is the proceeds from sale of Artimedia (only $3m received so far), and second, MC payment' s potential.    But at such a low discount to prospective NTA, 2 cents is a steal.    |
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TigTig
Master |
04-Nov-2017 11:53
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Yeah, I expected Arti price to run, wanted to lay my bets down.    I think there are a few factors holding back the price.    First the no of shares outstanding, 1.7 billion.    37 million shares done on Friday, there are sellers, who are they?    Spend this weekend trying to figure this out, the boardroom battles, the fight within the company? Nevertheless, this is a stock that needs to be watched.    For this kind of situation, with Fintech being flouted, for share price to double from 2 cents to 4 cents is possible within a short period of time.    Punting is definitely in for Arti.    Might just lay down some money on Arti next week.  However must be aware that Ching is not a thinking guy, he' s a doer, with a strong me-first mentality, don' t step on the banana, buy and sell quickly.  He' s not kind to shareholders, only to himself and he takes too many risks.  The banks will fight back tooth and nail for the payments biz, have you wondered why DBS is not collecting fees for some payments?    The money is in CASA, current accounts and savings deposits, that' s where the banks get cheap funding for their loans.    FX is a commoditised product, there is no more money to be made except for trading, and banks are discouraged by huge capital requirements under Basel to do proprietary trading.    It' s not going to be easy for Fintech to eat their lunch.    But a large chunk of the bank' s biz will go for sure, it' s a matter of time.  Next year?    Another 5 years?     
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sbscap
Master |
04-Nov-2017 07:50
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Tig, good to have an open mind. Although the devil is in the details, we must be very careful here. Ching is a property guy, not fintech. Fintech companies are everywhere, i.e. very competitive, many work on cash burn basis, i.e. unprofitable. What they do is also too complicated for the layman. I have no idea how many of these companies can be profitable. Many US startups can burn billions. Finally, if some local fintech firm is great, it will go listing in nasdaq or has temasek as shareholder. | ||||
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TigTig
Master |
03-Nov-2017 21:31
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Need to watch and see, best to get more details.  The payments landscape is changing very rapidly,  DBS for instance, have a free remittance service, the profit they make is from FX.    Another Fintech company is also taking the world by storm offering free remittance service, it' s in Biz times today.  And there' s blockchain to do treasury settlements.  Very soon, this biz will be snatched away from the banks.    It' ll be interesting to see how MC Payments fit into all this.    I think if it is a feasible solution, should be a good buy.    But do be careful, the devil is in the details.    We are really buying into a solution.    However, for short term punting, it' s always fun to make a little kopi money on the run.  |
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sbscap
Master |
03-Nov-2017 19:33
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This is an RTO in case people don't know. | ||||
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sbscap
Master |
03-Nov-2017 19:31
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I believe it's the usual methods where some shares are placed out at a discount. 80 million is just a valuation number. Only some cash changed hands
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sengsk
Elite |
03-Nov-2017 18:25
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Overpaying are normally have some undiscloser of benefits just for himself. Its too normal for biz habit.
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TigTig
Master |
03-Nov-2017 18:17
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Another thing. How much is being paid to acquire MC. Ching has a habit of overpaying. After the UE fiasco can conclude his decisions are hasty and without planning. Gd biz man poor strategist.
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TigTig
Master |
03-Nov-2017 17:48
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This must be the talk of the town. Actually we do not know anything about MC Pay. Second, where will the $80mill to be paid to MC come from? Third, Ching said he will pay all bonds and debts of Artivision. Where will this money come from? Lastly, is the 2 billion new shares to be issued to Ching at 1.4 cents the last Placement? Or is it the beginning of more placements. Anyone knows? | ||||
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machidrain
Veteran |
03-Nov-2017 09:55
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con job? | ||||
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machidrain
Veteran |
02-Nov-2017 13:31
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u always last chance la. | ||||
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Berani
Elite |
02-Nov-2017 12:43
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yes last chance to enter...LAST !
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ruready
Supreme |
02-Nov-2017 11:49
Yells: "Follow the micro penny , May be this is the last train" |
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Oxley boss inside,new golden finger so tp 30 | ||||
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Berani
Elite |
02-Nov-2017 10:09
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last chance to buy at 0.021 before it fly | ||||
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sbscap
Master |
02-Nov-2017 08:52
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Great minds think alike. Same actors different story. Still there are people who will make money. Like casino.
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sengsk
Elite |
02-Nov-2017 08:50
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Step by step.  You can' t expect it to climb up everyday and night right.
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QueenMaya
Senior |
02-Nov-2017 08:46
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This is the future.  Alot of upside.   |
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Berani
Elite |
01-Nov-2017 20:51
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so low?
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