E-pay asia is showing tremendous growth and is profitable. The shares have fallen back and I feel this company has been overlooked, I intend to keep adding to tuck away. Anyone else in??

mp
Not in but I like the look of these.

added a few more today-results soon I think.

still going up--nobody interested?

mp
Not in, I see four of your stocks motoring today with PCM in third second place and thats up over 9%.

just dipped a toe into Ofex-very impressed with the plusmarkets website and am doing well on the shares. I have bought CDE, concorde oil-CBHO- china biotech-and CEG china education. just have a feeling these are ready to take off-I hope I'm right. also gritted my teeth after the rise and bought CHNS-china shoto, LDC and SVE. so having a very chinese day today-sold OEP at a loss though but looking good for the week if this keeps up. also added a few MDY--not even had time for lunch yet!

mp
It was you that won the lotto wasn't it.

Yes have tucked some away. They are in the right sector and in the right part of the world.

driver--making the housekeeping streeeetch!!

Still moving up so I've picked up a few more-also noticed no stamp duty charged-is this because they are Asian-anyone know?? results very soon.

Query from the Aus. stock exchange asking why the sp has risen quickly and increased trading volume--answer says no known reason other than trade presentations and Investors C. article saying the company is eminently good value!
shows that interest is rising except on here!!

financial results for 2005 look good, Q1 due by end of April. Anyone know why they dropped from 30p to 10p at end of last year?

results look good to me too-I expect this one to keep on rising as more people notice it.

Ist quarter results out today--sp rising! They make very pleasant reading-I'm still holding high hopes for this one. I think the sp dropped last year because they ditched the old company to reverse into this one with much better prospects. hope you're all taking notice of this one.

still going up-I can't believe this one.

This one is still going up-maybe I've found my pot of gold!! can't believe this company is so neglected on here!

It's still very cheap IMO-not too late! sorry I'll stop ramping now just over excited!

excellent analysis on ADVFN showing how good this company will be-a direct comparison to paypoint and look where that one is now.

Do look good value, with that growth rate, o.3p eps qtr1 growing at 100% figure 2-3p 2006 eps, 5p 2007! 30p within 6months 18 months 50p+ all in theory dyor

excellent rns out today-initial rise but now droppping. I find I can't buy very many online yesterday or today--does that mean the mms are short of stock or holding it back? the outlook is still looking good!

The outlook is excellent and they have revised earning upwards, suspect a rerating and strong push to 20+ is on the cards

there she blows, all aboard!!!!1

Moneyplus, what else you in/tracking, any more like epy, lol???

CHNS is good though I took profits to buy more EPY also LDC, EPE, EBT which is definitely going to boom as the carphone warehouse of china. ofex shares CEG and China Biotech CBT I think long term. Also SFT-brilliant prospects, PCM living in hope! CSB is doing well but only hold a few Epy is the best so far but as you can see I'm very chinese heavy!!! oil stocks and miners-CHP-doing well, Indy-still waiting and PAF-just found a good chunk of gold so in the blue but adding as I can.
PRTY and GMC and CLEA holding in hope of good times to come. have got more but loking at this list I think I hold too many- good job my husband never looks at my portfolio!!

Thanks moneyplus, I'm already in SFT and CHP, you not added any vog or sve yet?

Like the look of ebt and will check out the rest, I know I probably go on about it too much but sea seems so undervalued, maybe worth a small punt if funds allow, as always dyor.

Cheers E

I bought and sold SEA last year but sold out when it lost momentum-many good companies lie ignored and if the momentum is missing you wait a long time to get any profits. SVE the same I was in and out when the bb was full of it-now it's overlooked again. have been in and out of VOG twice-very good prospects but again gone a bit dead so I'm out at the moment also a bit pricey to make much in the way of profits. cheers mp I did well on profits last year but also made some huge mistakes which almost knocked them out-this year I hope to be a bit wiser.

Flying again, very nice

Looks like just you and me enjoying this one-shame as it's going much higher long term IMO. check out the ADVN thread on this company it gives a good bit of research including the fact that the Malaysian government have bought in heavily.

can only buy small amounts online now-have to go to dealer and pay a premium does that mean the mms are short of stock?

can only buy small amounts online now-have to go to dealer and pay a premium does that mean the mms are short of stock?

If you can only add in small amounts, the stock levels seem tight, yes the mm's will be twisting and limiting until they can get on top of the situation, they'll either push it up to get sellers or otherwise but it does look as if there's not a lot of sellers about, hang on don't do anything until we push through say 25p, might be an interesting ride

agree there's not many sellers out there-a very good sign but look out for a tree shake!

Small pull-back, may go further and then run, 30p on the cards if strong break of 25

still can't buy 20000 online so the mms are either short of stock or expecting demand to continue I would guess. still a very active share though.

Cheers Mny+

Ready for a push through 25p????

this could be huge , i picked up 25000 at 12.5 on 21/4 and although ive thought about taking my stake out now, i might hold on a little longer!!

very tempting to take profits but I'm holding on because you can only buy much smaller amounts now and also I'm sure they will be huge!! check out the advn thread on them-excellent research on the company.

article in Investors C is probably the cause of the big jump today-would be grateful if someone could post it here as I've not got a copy.

Epy still rising and did well against the recent market falls-very good news out today now selling petrol as well as phone top ups. very difficult to buy any online now disappointing as I wanted to add. Are you still in Ellio? can't understand the lack of interest here.

I'm still in and haven't sold anything this week, despite the drop, a bit mad probably but there you go, investing is about the long - term!!

I haven't sold either though very tempting! I'm sure we're looking at a multi multi bagger if we hold on for the minimum 2 years to reduce CGT also I have a decent size holding and find it's almost impossible to buy online but have to go to the dealers and pay a premium! so to my mind the shares are in great demand and at a premium-I'm holding tight!! the diversion into petrol sales announced today is already increasing revenues and is not yet fully rolled out.

Still holding!!

up nicely today and found you can buy 1000 online but any more only through the dealers.

I think the market correction is a potentially good test of share VALUE. This held up well, as did COH, CHP. Now very interested in this share, although haven't quite got my head around why people would want to pre-pay for petrol, (budgeting purposes??) or am I missing something??

good question-maybe we should mail the co. for explanation perhaps it's business prepay for it's drivers.

this one has been busy while I was away-and has held up well.

I was told by HSBC that this share were on the Austalian market and not on LSE but when I e mailed an Executive of the company he told me they are on AIM London.Surprising that HSBC should be so wrong.
Incidently these shares would be the perfect "bolt on" to EBT Mobile China .
One would compliment the other on Telecoms and the deisel coupons should be a very good money generator as they get the cash up front from customers and then can negotiate a good price with petrol suppliers.The vibes and figures are good.

These shares have a duel listing on the Aus market and on Aim-I tried to buy for my ISA but squaregain do not deal in Aus shares so will not isa them. I have good vibes on this one too especially when the first set of true results come out around sept. the recent figures did not reflect the new business/merger.

E-pay bounced back nicely now after a quiet period. Trading update around 28th July and interims due end of August. Those who missed out on Paypoint should look closely at this one-it's beginning to be noticed and will well reward holders. holders are not selling easily so it's very difficult to buy shares-you have to go to a dealer as none can be bought online. Exciting share for me!

good day today---lucky I like talking to myself!!

still no interest in this little gem-I'll have a party all on my own when they hit one pound!!

I am also in this one - I think it has a very good business model, generating cash and expanding at a lively pace. Very surprised it has not generated more interest?

another good RNS out today-moving into India. sp is moving up again-I'm expecting a good rise after the results in October.

Results soon on this one--I'm hoping for 2007 to be very good for epy. check it out merry xmas.

Merry Xmas, MP!

I see it's been a while since you updated this thread, but I know you're still interested in the stock and I guess you're encouraged by yesterday's RNS:

e-pay Asia Limited - Quarterly Cash Flow Report

RNS Number:7091V
e-pay Asia Limited
30 April 2007


ASX/AIM: EPY
Company Announcement


First Quarter Net Operating Cash Flows increase 266% Year on Year


Sydney, 30 April 2007

e-pay Asia Limited (the 'Company') is pleased to report 266% growth in net
operating cash flows on a year-on-year basis from A$1.46m for the first quarter
of 2006 to A$5.36m in 2007. The strong cash flows were mainly derived from an
excellent performance in its core market in Malaysia, which the Company is
pleased to report has fully recovered from the effect of the flood in December
2006.


Managing Director of e-pay Asia Limited, Simon Loh, commented:

'We are pleased to announce strong cash generation for the first quarter of
2007. Mobile Top Up transactions in the first quarter of the year have been in
line with expectations, and ahead of the same period in 2006.

Following the period end, the Company announced an alliance with AmBank, one of
Malaysia's largest banks and was appointed by the Malaysian government to
provide services as part of its plan to develop digital communication centres in
rural areas.

Both these developments have the potential to provide the Company with
significant net fee income. As a result of these events and the continued strong
cash generation reported today, the Company is confident of achieving current
market expectations for the full year.'

For what it's worth, I have had a go at calculating likely earnings per share for the current year, based on the revenue figure given above. I included adjustments for increased borrowings, depreciation of increased assets, etc, and taxed the whole lot at 30% of profits, before dividing the Aussie dollar figure by 2.40 to get British .

It seems to me that the company could be on course for EPS of 1.88p, compared with 1.27p for last year. This is a 50% uplift, and at the current SP of 16.5p offer, puts the co on a forward PE of 8.8. (Current PE is 13). Using the current PE, that's a PEG of 0.26.

Plesae don't take this as gospel - it's just a fag-packet calculation, but gives me reasonable hope that this stock could be due a re-rating.

You are working hard across the board ST, and it is much appreciated.

Trouble is, I've always had trouble trying to buy EPY - only being offered such pitiful amounts it seemed hardly worth it.

Cheers, Madison

Thanks, Madison. I just hope I'm right about this one, largely because I paid a lot for my stock yesterday (trading on margin) and am very keen to see it come right.

Still, a supposed 266% increase in Q1 turnover has to be good for something!

I don't know how you define a pitiful amount, but good luck in any case!

ST.

In the interest of clarity, I have just found the following in the FY results which indicates a dilution of the shares that I had previously overlooked:

In addition, under the terms of the acquisition of the e-pay group of companies
by SkyNetGlobal, Tobikiri Capital Limited, whose ultimate beneficial owner is
Simon Loh is due deferred consideration of an additional 72,500,000 shares in
the Company to be issued at a price of A$0.20 per share for no consideration. It
is expected that these shares will be issued on 16th April 2007 and application
will be made for these shares to be admitted to trading on AIM and the ASX on
16th April 2007. As a result of this share issue, Tobikiri Capital Limited is to
hold 151,785,830 ordinary shares in the Company which representing about 54.6%
of the enlarged share capital of 277,799,952 ordinary shares in issue. These
deferred consideration shares do not qualify for the dividend payable for the
year ended 31st December 2006.

EDIT: The new figures I posted a couple of days ago take account of the increased number of shares in issue.

(Previous text deleted as it was based upon an incorrecct assumption!)

Actually, does anybody have access to the dark side (I used to but this computer won't let me!)? Might be interesting to see whether anyone has posted any well-supported estimates over there.

Post 61 edited.

Oops! putting my shirt on this one to go up was clearly a mistake: EPY Bid: 13.5p Offer: 14.5p Change: -1.25 .


however, at some point it must be due a serious bounce, but I am not content to hold on until it occurs, so have bravely (?!) eaten my losses and movd on.