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krisbarry

krisbarry

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They released the offical letter yesterday. Signing with China Alarm Holdings
to offer its intellegent transport systems and services for the Beijing Olympics
and Paralympics in 2008.

China Alarm is the largest provider of intergrated alarm and security monitoring systems and services in China.

There was some positive reaction to this announcement yesterday.
 
SMA is in a trading halt. Something must be up - positive as the buyers are ahead of the sellers. Announcement this Wednesday. Wonder if Zinifix are have results on SMA's land. Due for an update on the progress.
 
SMA signs MOU with China Mobile

SMA signs MOU with China Mobile ..508 million customers ... This is huge for SMA and should see them grow if the test over the next 12 months proves successful
:)
 
ty for the tip :)
Had a 3 mil market cap lol.
Nice run from the open!

Here comes the retrace as I type
 
skyQuake said:
ty for the tip :)
Had a 3 mil market cap lol.
Nice run from the open!

Here comes the retrace as I type
Click to expand...

wow, I brought some of these a while ago @ 0.007 of a cent for a punt, just sold half @ $0.042.

Be interesting to see where it ends the day
 
nomore4s said:
wow, I brought some of these a while ago @ 0.007 of a cent for a punt, just sold half @ $0.042.

Be interesting to see where it ends the day
Click to expand...

Hope u took up the entitlement offer, those are a bargain in hindsight lol!

Got some at open, and a bit more on the retrace.
 
skyQuake said:
Hope u took up the entitlement offer, those are a bargain in hindsight lol!

Got some at open, and a bit more on the retrace.
Click to expand...

lol, no I didn't:banghead:

I brought them through my IB account and cause I had already put my max allocation to a spec share in them and I couldn't be bothered going through the hassle with IB I didn't bother.

Oops, lol
 
Up 960% on the day just on the announcement of the execution of a MOU (which can mean very little at the end of the day). :eek:
 
I have never seen wikipedia used as a reference in company announcements... I hope their technology is slightly more sophisticated than that...
 
skc said:
I have never seen wikipedia used as a reference in company announcements... I hope their technology is slightly more sophisticated than that...
Click to expand...

skc > i've seen it quoted in newspaper articles.... so what does that tell you about the journo?!?! :banghead:
 
How would you feel??

On jan 8, 13 and 14 China Alarm HK sold over 4.3M SMA shares. Looking at the movement today what a decision. How would you like to be in their position. All that lost opportunity!!:eek::eek:
 
Interesting trading in SMA today with roughly one million shares traded till early afternoon, then almost 13 million traded until close, well above recent numbers. While a high of .025 cents was reached intra day it receded to close at .023 up 4.5% for the day. Directors are still to announce any further advance on the current MOU with China Mobile signed on January 29, a formal agreement was anticipated within 90 days and an announcement may be may be closer than we know? Any thoughts? ps: I currently have a holding in SMA. :2twocents
 
There seems to be alot more interest in this stock. Up 10% today this has always been happening just prior to announcement.
 
TheRising said:
Big announcement out today. Pity for the timing though :(
Click to expand...

Smarttrans has really turned around. They have just started bringing in an income which grew 300% last month from their sales in China but the share price has literally left planet earth. With 2 mill in the bank and incredible growth with low over heads what is this thing worth ?? Anyone have any idea. The market cap is around 45million at the MO, where is this thing going to go ?
 
piggybank said:
This announcement that came out today:-

http://stocknessmonster.com/news-item?S=SMA&E=ASX&N=653514

Had the effect on the price closing up 20% at 0.042 on the day, with a large jump in volume of nearly 63 million.
Click to expand...

Ok no one has any idea what this is worth then ? Since my last post they have just won the rights to the educational program Angry Birds China big stuff !!!!

What with their I phone banking facilities kicking off through the bank of China where is it going to head, I wonder if SMA have any predictions its been a few years in the making surely they must. Maket cap is now 60 mill will it get to 120 mill by Christmas ? I think with the growth they are achieving 12 mill a year profit should be no problem in a year or so ?
 
I was fascinated by the continual growth in sales since their launch into mobile phone billing in August, their prime customer being China Mobile with its huge customer base. It has also started integration with the second largest mobile carrier China Unicom.

I wonder what November sales will bring.

After the initial flurry the price has settled somewhat. I dont know why, I assume it was profit taking, but maybe this is way to specky for most. Frankly I dont know how it works or what real potential it has.

I hold - not much. I think it more of a punt, or lottery ticket.
 
SMA smarttrans looks good for a punt

Hi all, I'm very new to the sharemarket but a punt I did take is on SMA
I've been doing copious amount of reading and research on investing and as far as I can tell SMA seems to tick the right boxes with it's chinese mobile billing platform growing at a good rate with a huge market to keep growing and new products to roll out and big contracts with telcos etc. They seem to have cash, aren't in profit yet but with their earnings growth it looks like they soon will be.
Just wondering if anyone else is having a look and if there are any major red flags I've missed.

Anyway I'd appreciate any comments, I'm still finding my feet and feel a bit overwhelmed with all the information I've taken on lately.
TA fundamental breakout momentum buy and hold daytrader not sure who I am yet but look forward to finding out.
Seems like every book I read I change my plan but I think the big picture is starting to form.

Thanks in advance for your feedback, I've learnt a lot already from this forum now it's time to see if I can turn my learning into profit or at least not lose it all at the start.
 

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