Financial Payment Systems Share Discussion Threads

[seanmiller] 08/5/2008 12:55

Don't panic all you investors wanting to buy into this dog. Here is a quick quote for 250,000 I just got.

MARKETMASTER 401/689xxx18/xx
MR SEAN MILLER the market is open
Buy 250000 FINANCIAL PAYMENT ORD GBP0.05 @ 0.39p Quote Held:
Barclays Stockbrokers Price Improver®: You save £25.00 on this order.

Order Details Order Costs

Number of Shares 250000 Consideration £975.00
Amount £975.00 Stamp Duty / SDRT £0.00
Include Charges n/a PTM £0.00
Buy Price 0.39p Commission £6.95
Contract Total £981.95


Novice6 uses a poor broker so never gets any good service, this quote was with barclays, you can buy as many as you like through them. No MM's are bidding aggressively for this stock and the big 1m sells over the last few days mean they have an overhang.

Best avoided IMO

[chancer6] 08/5/2008 12:46

Can sell my 500K online with etrade now at 0.22p against 100K buy limit at 0.39p...excellent sign that MMs are now bidding aggressively and further confirms how the 900K odd at 0.25p, followed by 3.2m at 0.33p and 500K at 0.35p were buys.

[seanmiller] 08/5/2008 12:39

I'm sure we will see strong selling once the price goes red and the spread broadens from the current 50%..plenty of stock around now.

[chancer6] 08/5/2008 12:33

I'm sure they'll be strong buying once the price goes blue and the spread narrows from the current 50%...not enough stock around now.

[seanmiller] 08/5/2008 09:25

all done over there novice6, thanks for reminding me to do that, almost forgot.

[seanmiller] 08/5/2008 09:23

ok, Ill dash over there now, hold on a second.............

[chancer6] 08/5/2008 09:20

Time for a dash to iii coz blue soon imo.

[seanmiller] 08/5/2008 09:14

no..........

[chancer6] 08/5/2008 08:56

Morning filtered All, will the buyer buy more for the third trading day in a row?

[double6] 08/5/2008 07:53

You never did update us on your portfolio of losses in the current year, smiler, did you ?

[chancer6] 07/5/2008 22:00

Luks like txt msgs flying through for one last stand after the failed deramping since last week. It failed big time and what a washout and waste of time. Blue days from tomorrow imo. Someone's gobbled up all the stock over the last four trading days!

[woracle] 07/5/2008 21:13

Yes, he doesnt know why the key figure, CEO, founder and majority share holder was forced out suddenly without explananation. The market does...Not good. Chancer has blown away his pocket money. Any day now, suspension I guess ?

[8trader] 07/5/2008 20:20

The market is rarely wrong !

If a company with that amount of cash is valued substantially below
it then it usually means there's something you dont know !

Especially with you pushing it i would very concerned if i held this
stock chancer !

The last 10 stocks you have pushed have all gone bust or delisted or
lost around 90% of their value !

[chancer6] 07/5/2008 17:46

Right again with the 500,000 BUY appearing after close at 0.35p...so long can keep doubting all the trades. Looking good for the next few days and major correction to 1.10p minimum. So far a would be large buyer has now bought 900K odd at 0.25p, 1.76m at 0.31p, 3m odd at 0.325p and now 500K at 0.35p. The 500K at 0.35p in terms of size seems right coz retail investor would not have been able to get many at that price (was 250K at 0.39p for retail) and quite likely thats all the stock that the market makers had now at these ridicolusly low prices. Strong blue days from tomorrow imo and as I said with this large buyer around any rises will be rapid and bigger. This buyer will have now to start paying over 0.40p if they want more imo.

Chancer6 - 3 May'08 - 14:03 - 285 of 305 edit


No brainer on how undervalued these are currently! Current mkt cap = 0.28m. AIM listing is worth 0.60m and cash in February stood at just under 2 million.
The Company's current cash position is just under £2 million of which
approximately £700,000 is held in the China Joint Venture and maybe to subject
to transfer restrictions.

100K a month cash burn
representing a burn of about #635,000 for the Half Year or an average of #106,000 per month

So still leaves 1.70 million cash of which 700K is in joint venture. Get about 500K back from joint venture + 1 million + 0.60m on AIM listing = 2.10 million. With 92m shares in issue the valuation could be as high as 2.25p imo. Or if no value on AIM listing then should see 1.50p on cash alone. Should see a massive correction sooner rather than later.

LEG as a cash shell with no cash is currently valued at 0.75m....and same with other shells.

[lord santafe] 07/5/2008 17:31

500K late buy at 0.35p. When FPS come good they will teach everyone a good lesson about what to look for in fundamentals. Unbelivable FPS has fallen this cheap and caused by sub 0.5p drunken sales.

[seanmiller] 07/5/2008 17:20

lol, she reckoned blue today, wrong again..........

[iantc] 07/5/2008 17:04

well looks like we all missed the massive rise today ,lol chancer looks like another loss for you ,your t trade will run out soon

[seanmiller] 07/5/2008 15:09

stalkers around...........2 kids etc.

stock dead IMO

[chancer6] 07/5/2008 14:59

Afternoon watchers around.