| Latest Forum Topics / Artivision Tech |
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Biz Times june 26..Valuetronics to expand
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TigTig
Master |
07-Nov-2017 17:26
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Alamak Artimedia only sold for 5 million. Huge impairment. | ||||
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TigTig
Master |
07-Nov-2017 12:19
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Ching is planning to advice the new team. His contribution would be in fund raising, which he has excelled in Oxley. They start off with near zero debt. When new biz comes up, Ching's experience in obtaining funding would a great help to grow the balance sheet.
MC has a patented product registered under Anthony.
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TigTig
Master |
07-Nov-2017 12:10
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They are in a niche market and potential growth for cashless solutions is good. The losses occurred because of a lack of economies of scale. With the RTO, I think growth can be phenomenal. Once the devices are in place, they collect fees, headcount should be insignificant, as are other overheads. Their solution complements the banks and do not compete. If scale increases, there is also potential to do settlement which would increase margins.
I can't locate where the Artimedia sale proceeds are, my guess is that it will be 50 million plus 28 million cash injection to the co. $78 million. Some of it pay off bonds and options. The leftovers would be used to build the biz.
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sbscap
Master |
07-Nov-2017 12:09
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Thanks for the info. See, you do have info. But I' ll rather watch with an open mind, ie. watch w/o paying. Afterall, if this payment thingy works, it will be a big, big thing but I think the odds are stacked against it. The tech/IT/fintech world is full of companies with billions of dollars and super top brains and anyone without the billions and/or brains stand a very tiny chance of success. | ||||
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TigTig
Master |
07-Nov-2017 11:57
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I think it's like venture capital. Did some checks on MC, their successes seem to be on the retail market where they are deploying their patented mobile cashless device. I also noted that they raised funds in Thailand and has a JV. Some of the things that are taking off happened in 2017 hence the results could be good. The other piece is the SG cashless drive. There is a chance MC could get a bite of this. Hence the RTO is a means for the biz to scale up. I spent some time checking on the net. The info is all over the place. I found also when they bought Genesis, the CEO is supposed to join their senior mgmt team. | ||||
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sbscap
Master |
07-Nov-2017 11:26
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Tig, you are gambling. You are long the stock while saying there is a lack of info on the potential of MC Payments, a loss-making company valued at $80m when it is worth $6m based on perhaps Ching and the company know about their potential. I think I am potentially the richest man in Singapore with USD100b. If you give me $100, I will tell you about my potential.
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Berani
Elite |
07-Nov-2017 11:15
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all ppl go and buy other stock liao.. sien
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johnng
Supreme |
07-Nov-2017 10:51
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I think hard break 20 today... | ||||
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TigTig
Master |
06-Nov-2017 23:37
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Frankly, not sure.    There is a lack of information on the potential of MC Payments.    The numbers are like this:  MC Payments has revenues of $11 million a year (flat growth for past three years), loss of $1.4 million, net worth of $6million.    It is now valued at $80 million (there is no reason given where this is so), and the owners of MC Payments will hold 60% of Arti eventually, Ching I think some 25% in the new structure.    MC will run Arti.  The scenario is info on MC that we do not know, and both Ching and MC does know about, talking about the potential.    if suddenly, this is revealed in a positive light, the price can skyrocket.    Lay your bets. 
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Battle123
Elite |
06-Nov-2017 23:10
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When can this explode up like jiutian ?
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TigTig
Master |
06-Nov-2017 21:32
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Just managed to squeeze 500 lots at 1.9 cents in the morning.    The trading after lunch is in large parcels, and locked at 2 cents, no way to buy below with the queues.  There is consolidation later on, hence, the number of lots is meaningless at this stage.  I think the $28 million by Ching will go to clean out the debts, and options, blah, blah,blah.  The result is a clean balance sheet with little to no debt and $110million equity.    The company starts on a clean slate.  I' m not sure what happened to the $50 million on the sale of Artimedia, anyone knows? 
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ruready
Supreme |
06-Nov-2017 20:37
Yells: "Follow the micro penny , May be this is the last train" |
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Today 19 got big fish eat a lot , most from Uob Hse , I suspect is bb who unloaded from the resume trading 18-21, th Chart very swee tp 3cts if market condition still bullish , strength no resistance if beak up will be rocketly fly to 10-30cts with is mr chng starting buying artivision share price
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Berani
Elite |
06-Nov-2017 20:31
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Arti will follow QT to ciong... pls note | ||||
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sbscap
Master |
06-Nov-2017 17:20
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I read the SGX filing. Looks exactly what I think. $80m is just a " notional" figure. About $28m cash raised if I' m not wrong but $5.5m will be gone to pay bonds and at least 3% for fees. The target company has NTA of $0.2m and loss making. Placement to Ching at 1.4c. Share price now 2.0c. Huge difference. I think there are some placement done at 2.0c (not sure if that' s the number or if I believe that' s the number). You may make money but I' ll rather use money for my spa treatments. Good luck.
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TigTig
Master |
06-Nov-2017 15:25
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Managed to get at 1.9 cents. | ||||
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ruready
Supreme |
06-Nov-2017 08:03
Yells: "Follow the micro penny , May be this is the last train" |
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Friday is dump dump dump due to flushing n profit taking after halt , today onward is PPP
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Battle123
Elite |
05-Nov-2017 21:34
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Wah some pump some dump interesting show to watch
At the Moment uptrend intact |
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ysh2006
Supreme |
05-Nov-2017 19:20
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Dump dump dump!...Articision is it ?
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ruready
Supreme |
05-Nov-2017 14:06
Yells: "Follow the micro penny , May be this is the last train" |
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Don?t forget history repeat all the A counter one by one pump pump pump | ||||
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ruready
Supreme |
05-Nov-2017 11:59
Yells: "Follow the micro penny , May be this is the last train" |
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Alr buying and wanna to add more but cannot get 18 than go up , 19 may be can try if got bullet 20 sure is safe, OLEY BOSS n his partner one buy one accumulate , is a good sign a key person very good in transform at salt fish to a sunshine shell, hope he can promise all of us to unloaded the hidden   Value to Long term investor | ||||
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