OxPay Financial    Last:0.041    +0.002

Projected NAV and PER

Even the ceo threw in the towel
Sinking to .10 soon

 

Is this an indication of troubles ahead? 

Joelton      ( Date: 11-Jan-2023 09:05) Posted: OxPay' s managing director Tan Chee Keong resigns OxPay Financial&rsquo s managing director, Tan Chee Keong, has resigned. Tan&rsquo s resignation will be effective on July 1.   In a bourse filing on Jan 10, the company said that Tan resigned as he wanted to &ldquo pursue other career opportunities&rdquo .   Tan was appointed as the company&rsquo s managing director when it was still known as MC Payment in July 2021. Prior to his appointment, he was on the board as a non-executive and independent director.   Tan was appointed to the board in June 2021 with four other directors, including controlling shareholder, Ching Chiat Kwong.

 

 

Do you mind sharing your growth assumptions? Saw some comments on another thread on MCP. With reference to their the company presentation, they turnaround in 1HFY20 with $0.7m profit but would be interesting to learn how you arrive at the topline growth assumptions and derive NPAT accordingly.

soundblaster      ( Date: 21-Mar-2021 09:51) Posted: --- Post Removed by User ---