get ready for amazing update

oily, not sure how a 5 fold figure is arrived at, 90 odd million shares in issue at 0.5p, gives a value of 0.5m. Assuming the 700k is non-recoverable would give a value of 1.3M, still a potential 2-3 fold increase in the SP, however, having read the recent RNSs, wouldn't go anywhere near them myself.

Spoke to Malcolm Williams today (07768688869) and I got the impression that the company will end up as cash shell with atleast 1 million cash which is equivalent to 1.10p on the share price. IP rights and 700,000 cash in China may bring something later imo...still 100% rise imo with a worst case scenario of 1.10p cash. Looks set for a breakout anyday now:



Going forward as a cash shell with atleast 1 million cash may bring some good opportunities and beyond rises past 1.10p on any positive news.

British Bulls:After Close Tonight:-

BUY-IF

0.5000
0.0000 0.00%

FPS
Financial Payment Systems Ltd
Daily Commentary

Our system posted a BUY-IF today. The previous SELL recommendation was made on 13.11.2007 (167) days ago, when the stock price was 3.7500. Since then FPS has fallen -86.67% .

A bullish pattern has developed and a BUY-IF alert is issued today.

The last three candlesticks formed a Bullish Tri Star Pattern . This is a bullish reversal pattern that marks a potential change in trend. However, its reliability is not very high and it requires confirmation.

http://www.britishbulls.com/StockPage.asp?CompanyTicker=FPS&MarketTicker=Industrials&TYP=S

oily

I think I must be going senile in my old age but the 'handle' ACTIVE eventually rang a bell. Actually I thought he had been banned some while ago, notoriously known as SueHelen, Laila25 and a host of other aliases. Specialises in pump and dumps of micro caps, builds a following and moves on. You will find multiple posts of the stocks he's trying to pump on a variety of BBs. The chart above showing the Bollinger Bands is an old favourite as is cutting and pasting from Britsih Bulls and no doubt if the MACD turns a hair that will also put in an appearance. As Big Al once said on another thread, 'where's a plumber when you need one?'

I would also hazard a guess that MR CHINA and SCAFF are one and the same, funny how they both appeared on the same day!

Agreed PT, I have decided that if this were to come good then I can afford to miss it, as I think there is too much risk to warrent any investment. I have been bitten before on chinese stocks, a few to mention are TAIH, UVEL, BSK, GNG, SOLA, SCR, GGG, and probably a few more.

Blue today? My TER came up trumps today...100% rise within months from lows of 1.60p to buy.

Looking better now. 1.10p is fair value imo.

1650 in three trades LoL
Fill yer boots

Lots of buying today now...over 1million in buys:

They had 2p cash last we heard. Plus a software system they are trying to sell to chinese banks.

Yep and all those mugs who have bought today will have to wait until the Offer is 1p before they are at break even, nevermind a profit!

The ramp is alive and well.

Where is the evidence of an 'amazing update'??

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.


A further announcement will be made following our meeting with our Joint Venture
partner.


Very undervalued with worse case scenario of 1.10p cash or best case scenario of 2p cash and even more value if joint venture continues.

Sour grapes ptholden.

If anyone is any doubt as to what the posters on the 'other side' think to this twat, have a read:

Pump & Dump

75% of the posts are by Active using different logons. I agree with the sentiment over there, he should be banned from all financial BBs for life.

Looks like a 500,000 buy order at 0.57p filled during the day from earlier kicked off the rise at lunchtime. Definite buy as the sell price did not get to 0.57p. There was also the 750,000 buy at 0.55p last week....sizeable buys considering no volume over the last couple of months.

LoL 500k is a worked sell, but Active will mislead to achieve the pump.
'Sizeable buys' PMSL! Under 10k

Errrm.....now you're getting v.desperate with the deramping.

The screen offer price this morning was 0.60p and the highest the bid price has been is 0.50p all day.....the 500,000 buy at 0.575p kicked off the rise and was filled during the afternoon. Are you really telling me that the market makers paid that much premium for that kind of quantity? That's even better if is the case. Looking forward to the price reaching worse case scenario cash position of 1.10p tomorrow.

Tomorrow! get a grip on reality.

Tomorrow! get a grip on reality.

Oops sorry keyboard playing up.

BritishBulls: After Close Tonight:-

BUY
CONFIRMED

0.6300
+0.1300 +26.00%

FPS
Financial Payment Systems Ltd
Daily Commentary

Our system posted a BUY CONFIRMED today. The previous SELL recommendation was made on 13.11.2007 (168) days ago, when the stock price was 3.7500. Since then FPS has fallen -83.20% .

BUY-IF is confirmed by a white candlestick with an equal open and a higher close.

The recent bullish formation leading to the BUY-IF signal is confirmed today. The market is ready for a new bullish move.

http://www.britishbulls.com/StockPage.asp?CompanyTicker=FPS&MarketTicker=Industrials&TYP=S

Deramping? This company is a pile of shite and nothing but a vehicle for your pump and dump routine. My issue is with your lying and nothing to do with FPS. I wouldn't be surprised if it was your sell! We all know that the on screen limits bear little reality to the quoted prices from a broker. I have been checking with dummy trades all day and I know it was a sell.