E-Pay Asia Share Discussion Threads

[monkey puzzle] 05/11/2013 07:52

Cheers that confirms it then, EPY share price is tracking the GHL share price ...can we get a chart for GHL in the header?

[pomp circumstance] 05/11/2013 07:44

Surely EPH share price is now just linked to that of GHL

What currency are GHL shares valued in? Ringit? 3 to the AUD?

whatever GHL does EPH is going to do.


GHL 0.735 = .244 AUD

according to the offer 1 EPY = 2.75


so .244 * 2.75 = 0.67 AUD which is about the EPY current share price

[exile] 04/11/2013 22:05

Mr Loh could be using his special dividend to buy more.

[monkey puzzle] 04/11/2013 19:47

Great research, goes a long way to explaining the rise in EPY.

Well done and many thanks for sharing.

Looks like a no brainer to to take the shares then instead of the 40c on offer...of course we still have some time to go so will be very interesting to see what happens by Jan.

Thanks again for the info, advfn at is better here and a lot better than most threads where posters seem more inclined to score points rather than help each other.

Can't quite believe the change in EPY from just 13c when you started this thread!

[freddie ferret] 04/11/2013 17:30

I think there will be an announcement tonight.
I think the claim over on HC was not the whole of the story, this was that holders in the bidder GHL were selling to buy EPY shares so that they could get the shares in GHL cheap at the completion of the deal. That comment stank IMHO.

The question has to be asked however what is happening to GHL's share price at the present time? Possibly they are subject to takeover speculation?

GHL's last share price movement was a rise of 17%



GHLSYS (0021) STOCK QUOTES
Last 0.860
Change 0.125
Change (%) 17.01
Open 0.740
High 0.880
Low 0.740
Volume 29,212,200
(Quotes Last Updated: 04/11/2013 17:57)



Latest News
04 Nov 2013 The Edge Payment System Counters Start To Stir

01 Nov 2013 Business Times IT Firms Stand To Win From GST

30 Oct 2013 The Edge Financial Daily Share Prices Of Potential GST Beneficiaries Climb

12 Oct 2013 The Star GHL Back On Growth Path

09 Oct 2013 NanYang 南洋830;报 收购e-pay亚洲 GHL系统净利Ą09;倍增


.............................................................................................


SP has risen from .45 to .7 since the announcement. Plus todays rise.

[monkey puzzle] 04/11/2013 17:14

I am amazed that the ASX haven't ordered a statement from EPY on today's 35% rise....not like them to let it go without issuing a speeding ticket.

There has to be someone behind the rise from 40c, question is who?

[freddie ferret] 04/11/2013 17:09

Volumes very strong IMHO, $AU200,000 through. Expect an announcement shortly, we may have a bidding war.

[boadicea] 04/11/2013 10:28

Either there is a shorter in serious trouble or there is a concerted attempt to stop Loh getting absolute control (e.g. more than 75%?).

The question is whether to take the current offer and run or wait to find out where it's going... and why?

[exile] 04/11/2013 09:30

Wow!!!! Does this mean we are still getting only 40 cents for them ??? Shirley not!

[monkey puzzle] 04/11/2013 04:52

OMG!!!!!!!!

+++++35%

0.65c the bid and 0.69c the ask!!!

No official announcements but surely the rise today must force the company to issue something to explain this price movement or the share will be suspended by the ASX exchange?

[monkey puzzle] 02/11/2013 17:06

Must be Loh and his associates building their holdings to ensure they get the offer through, no one would be paying such a premium with the 40c offer...

[freddie ferret] 02/11/2013 16:09

Big volumes going through.

[freddie ferret] 02/11/2013 15:24

Ummm! I'm beginning to like this man Loh.

[monkey puzzle] 01/11/2013 07:35

Just shot through 0.5.....!!!!

[freddie ferret] 31/10/2013 18:57

Strengthening on good volume and small spread. Either speculative buying or expect an announcement shortly.

[freddie ferret] 28/10/2013 17:43

I will try and find out.

[monkey puzzle] 28/10/2013 10:57

Is it possible that a major holder is adding to their holdings before declaring their intentions here? Could it be Loh adding to ensure he gets the bid through or another larger holder?

[monkey puzzle] 28/10/2013 10:55

Volume is amazing....not sure why yet though as the terms of the offer are clear enough..0.40c per share unless a higher offer appears.....a few gambling on a higher offer perhaps unless there is one out there already?

[exile] 28/10/2013 10:53

Volume for this month looks liveley.

[freddie ferret] 17/10/2013 17:38

We live in hope.

[monkey puzzle] 17/10/2013 15:50

No big deal...the share price will be underpinned by the offer...I still expect the deal will be completed at 0.40c in January and my cheque will be posted to me in due course after that and then I'm done and dusted as far as EPY is concerned.

[freddie ferret] 17/10/2013 15:48

This has slipped a bit.

[monkey puzzle] 10/10/2013 13:22

So you like the site then?

[freddie ferret] 10/10/2013 13:22

PROPOSED SHARE ISSUANCE
On 4 October 2013, the Company entered into a share subscription agreement ("SSA") with Cycas for the proposed issuance and allotment of up to 89,000,000 new GHL Shares at an Issue Price of RM0.42 per GHL Share ("New Issue Share(s)"), to be satisfied in cash for the purpose of part financing the Proposed Acquisition.
Pursuant to the SSA, the actual number of GHL Shares to be issued to Cycas shall represent twenty percent (20%) of the enlarged share capital of the Company, i.e. upon completion of the Proposed Acquisition and the Proposed Share Issuance.
6.1 Information on Cycas
Cycas was incorporated under the Companies Act 2001, Mauritius on 25 September 2013 as a private company limited by shares under its present name. The principal activity of Cycas is that of investment holding. Cycas operates in Mauritius. The current Directors of Cycas are Brahmal Vasudevan, Soraj Bissoonauth and Joan Jill Wan Bok Nale.
The sole shareholder of Cycas is Creador II, LLC. Creador II, LLC is a private equity fund that was established to make equity and equity-related investments in corporations with businesses in Indonesia, Malaysia, Singapore and India. Creador II, LLC is managed by Creador Management Company II Ltd, a limited life company organised in Mauritius.
As at the LPD, Cycas does not have any subsidiary or associate companies.

[freddie ferret] 10/10/2013 13:19

RATIONALE FOR THE PROPOSALS
The Proposed Acquisition is in line with the Group's plan to expand its electronic payment business. The EPY Group is one of Asia's largest regional electronic payment networks consisting of 18,000 points of sale that can accept cash payments for pre-paid mobile, reload, bills payment and process debit and credit card transactions. Pursuant to the Proposed Acquisition, the enlarged Group should have an EDC terminal network of about 60,000 terminals in Malaysia alone. GHL believes that the Proposed Acquisition will open up opportunities for the Group to increase revenue through the cross-selling of products and services both in Malaysia as well as regionally.
The Proposed Exemption will enable Simon Loh to accept the Offer and receive GHL Shares as consideration for his shares in EPY without incurring the obligation to extend a general offer for the remaining shares in GHL not already owned by him. This reduces GHL's cash outlay required for the Proposed Acquisition.
The Proposed Share Issuance is to raise funds to part finance the Proposed Acquisition. The Proposed Share Issuance will also increase the capital base of GHL.