| Latest Forum Topics / OxPay Financial Last:0.036 -- |
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First digital payments Fintech group on SGX
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Skynet4321
Master |
20-Jun-2021 21:49
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I believe will be higher since placement they have secured a few more key customers.
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yamseng
Supreme |
20-Jun-2021 20:43
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I guess the minimum placement to the OY should be at 52.5 cents, which was the RTO price !!   |
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papayaface
Supreme |
20-Jun-2021 18:58
Yells: "This is the best time to enter....when everythings uncertain" |
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Just have to grab more next week. Good show coming up. Good luck
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Skynet4321
Master |
20-Jun-2021 17:54
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U got insider news?
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papayaface
Supreme |
20-Jun-2021 16:22
Yells: "This is the best time to enter....when everythings uncertain" |
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Potential gains is enormous. Can expect ah Ching to announce that he increase his stake or even takeover the company over next few days. Good luck
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Skynet4321
Master |
20-Jun-2021 15:36
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留 得 青 山 在 , 哪 怕 没 柴 烧
刘 备 三 顾 庐 , 诸 葛 分 三 国 欲 火 焚 山 林 , 玉 石 共 存 亡 和 气 生 财 道 , 万 众 齐 逍 遥
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luckyfa
Elite |
20-Jun-2021 14:45
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天 地 合 一 , kind of things....looking forward to it..... Lets cheong arh!!!!💪 💪 💪
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luckyfa
Elite |
20-Jun-2021 14:41
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Agreed.... 👍
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luckyfa
Elite |
20-Jun-2021 14:40
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Hahaha.... My 'hammer' smaller, not too much power, Bro, kao ni put more power liao... 😁 ...
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SmallSmall
Supreme |
20-Jun-2021 12:47
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The chance of a deal is high given the wording of the LOI, " Pursuant to the LOI, OY! indicated that it intends to move towards a formal term sheet or a memorandum of agreement &ldquo soonest&rdquo ." The deal would be beneficial to both As I believe the  collaboration might eventually create a powerhouse in P2P payments for end users across the region 
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Smarty
Master |
20-Jun-2021 12:15
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If the OY' s   LOI translates into a real deal MCP' s   potential is enormous  | ||||
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Skynet4321
Master |
20-Jun-2021 10:58
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We are the MC Hammers!! Let's hammer it to the Moon!!
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Skynet4321
Master |
20-Jun-2021 10:57
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Btw you summarised well. Thank you.
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luckyfa
Elite |
20-Jun-2021 10:34
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Yup, the growth is enormous.....
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Skynet4321
Master |
20-Jun-2021 10:27
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Tomorrow mark a New Beginning!
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Sgvale
Supreme |
20-Jun-2021 09:57
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Tmr morning pull back . Buy fast. Good chance it will ride up | ||||
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Skynet4321
Master |
20-Jun-2021 09:23
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Also highest preconso price was 0.015 not 0.013 because that's what Smarty got himself into. From my memory was 0.014 but doesn't make much difference.
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spursfan
Supreme |
20-Jun-2021 09:17
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Anthony Lim? You meant Ceo Anthony Koh right?
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SmallSmall
Supreme |
20-Jun-2021 08:57
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The entry of OY! as a strategic equity investor would be a key changing event and a win-win situations to all parties for the following reasons: 1. Anthony Lim would be more than happy to see Ching' s shareholding diluted with the entry of another substantial shareholder to help him keep a watch over what Ching.  2. Conversely, Ching would also have his so called governance issue resolved as OY! is also likely to request for board representation hence helping him to keep Anthony in check. 3. MC Payment will benefit most with OY!' s entry. OY!, with its Softbank and Temasek linked ties would open new avenue of business and growth for the company. Size matters in the fintech industry and hopefully the tieup will propel both companies to the next level of growth. I  have always believed Ching to be a shrewd and savvy investor since he poineered the shoebox condo concept years ago when every other developers were still sleeping. And how he managed to navigate Oxley out of massive leverage when the tide was against it. He saw  value in MC Payment 2 years ago which was why he was prepared to extend personal loans to the company even when there was no guarantee the RTO would go through then. And now to have OY! now eyeing a strategic equity stake in MC Payment speaks volume about MC Payment value proposition. On Friday itself,  MC payment actually hit the roof with a massive 1.75 billion shares (Pre consolidated basis 50:1) traded closing at the 20 days high of $0.50 . Artivision as it was previously called never hit that kind of volume before even on its busiest day. Despite closing at the 20 day high of $0.50, the stock is still off its high of $0.575 after its consoldiation. The stock actually hit $0.013 before consolidation which is $0.75 on a post consolidated basis. Thanks to the squabbles between Ching and Anthony, the stock tanked and a golden buying opportunity was presented. We don' t see a Softbank linked entity coming to invest in our stocks everyday do we?    Perhaps the extreme high volume and price closing on Friday wasn' t a coincidence afterall.    2 secenrios can contribute to this. Either there are massive shorts (597,400 shorts on Friday), or there are some serious buyers out there who are buyng and not selling. The climb should continue on Monday as the naysayers continue their shorts and the serious investors continue to long. Price movements will always be sharp as the free float is small after the recent 50:1 consolidation.Some will want to sell for peanuts while the calculated will want to wait for bigger windfalls
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spursfan
Supreme |
19-Jun-2021 21:26
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new announcement from mc RESPONSE TO MEDIA REPORTS IN THE BUSINESS TIMES DATED 18 JUNE 2021 The board of directors (the &ldquo Board&rdquo ) of MC Payment Limited (the &ldquo Company&rdquo ) refers to the article published by The Business Times on 18 June 2021 titled &ldquo MC Payment board issue is one of governance, says controlling shareholder&rdquo (https://www.businesstimes.com.sg/companiesmarkets/mc-payment-board-issue-is-one-of-governance-says-controlling-shareholder) (the &ldquo Article&rdquo ). The Article reports that Mr Ching Chiat Kwong (&ldquo Mr Ching&rdquo ) said that &ldquo [the Company]&rsquo s board issue is one of governance&rdquo . The Board strongly and squarely disagrees with Mr Ching&rsquo s allegation. The Board wishes to assure its shareholders that it is well familiar with the principles of good corporate governance &ndash and has consistently striven to ensure that the Company complies strictly with them. Mr Ching has todate not identified any breach of principles of good corporate governance by the Company. Separately, the Article also refers to Mr Ching&rsquo s claims regarding certain matters relating to the Company&rsquo s annual general meeting on 28 April 2021. The Board notes that, despite repeated requests from the Company, Mr Ching has to-date not provided any details or evidence of these allegations or the alleged wrongdoer. Be that as it may, the independent directors of the Company, for good measure, have taken steps to look into this and will update the Company&rsquo s shareholders (&ldquo Shareholders&rdquo ) in due course. The Company will address Mr Ching&rsquo s allegations in greater detail in the Company&rsquo s second circular to its shareholders, which will be published on SGXNet and on the Company&rsquo s corporate website at https://investor.mcpayment.com/egm-2021/, on or before 23 June 2021. The Board also wishes to reiterate that its desire is to have the Company remain above the fray, and not be drawn into any private disputes Mr Ching may have with any particular shareholder or Director. The Board also wishes to make it clear that the Company does not act on the whim or on behalf of only one Shareholder or one group of Shareholders. Instead, the Company acts in the interests of all Shareholders. Shareholders and potential investors of the Company are advised to exercise caution when dealing in the shares of the Company. If in doubt about the action they should take, Shareholders and potential investors of the Company should consult their stockbrokers, bankers, solicitors, accountants, tax  advisers and/or other professional advisers.    https://links.sgx.com/1.0.0/corporate-announcements/V4T6SB1SE45BOUFU/671708_MCP%20-%20Response%20to%20media%20report.pdf |
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