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Slow and gradual rise and stake building going on ... trading update very soon and it has gotta report strong cash position ..
with increased transaction volume they will have +ve cash .
MPAY is targeting to get into south east Asia ...Given we have EU clients and modular platform with tested "security" module ...Yes £1 is a very possible
Cant bloody buy in decent amount
45m shares in issues and about 11 m free float ... MM's are caught pants down or there has been a leak .. £4-5 cash or cash equivalent as at Dec 16 and strong & growing client base :) Metal
free float on this one must be around 10-14 milion ..450k traded so far . Possible leak I guess .... Metal
Waking up ! Trading volume has gone up in 2017 ...thats mean more £££ for MPAY Metal
Hey Matador.. Nopes I am not
buy price has been 14.95p so i guess blues are indeed buys
Mpay now has matured infrastructure ( payments platform) and healthy client base . This means that the game for Mpay now is about transactional volume . We nearly had £3 m cash and equivalent as at 31/12/16 . It is rumored that Mpay( in turn their client such as tesco mobile etc) transaction volume has gone up considerably in Q2 2017 ...So this means more £££ at minimal cost Other than this , Mpay is targeting south east Asia ..This will be mammoth . and off course , as other poster said , we are undervalued on fundamentals and sentiments ( not sure about 20 times but definitely SP should be around 40-45p Metal
Interesting ..But that's not us Mi-pay UK is targeting south east asia tough. If we were to enter china market then SP will be around 350p-450p Metal
brewing again .. something is going on here..wonder it is takeover rumours or increased mi-pay transaction volume ?
MMs are playing a blinder here after getting caught pants down yesterday . Company had 3.5 Million is cash and equivalents as of Dec 2016 . In addition , there have already confirmed that the transaction volumes have gone further UP in 2017 . Clients : Lot of healthy clients are served with mi-pay solution https://topup.tescomobile.com/ConsWeb/LandingStrip/CreateFresh.aspx Takeover : Mi-pay was in takeover talks in 2014 . This is still a possibility!! Tiny free float would mean that MM games will continue . But volume is the key here Metal
Buying limit in place . I see that there are hardly any sells Volume is the key here. Yesterday we did 32% on 400k volume !!
with today's strong finish , it seems that the 1st resistance point at 20.5p will be taken out in 1st 1/2 hour of trading / Second resistance point should be around 25p instead of 22p . MMs must be struggling as the free float is tiny on this one. Metal
18.9p ...nearly there ...Tomorrow and Friday is going to be interesting
UP 27 % ..next stop 20P... 400k traded ! Metal
Cash and cash equivalents as at 31 December 2016 £3.5 million Mcap 6.6.m Shares in Issue : ~42m BOOOOOM time :) Metal
17% UP IMHO with the volume picking up , this is now a strong buy with charts breaking out . Short term we have 25p on the cards good luck . Metal
very few sells going through... lol MMs seems to have been caught with their pants down very very limited free float ...I think this will explode sooner rather than later Metal