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Ong Kang Wei

 
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  • Kinder Morgan Management: Have Your Cake And Eat It Too [View article]
    Hi J Stack,
    Thanks for the compliment. I too just added KMR in light of the depressed prices.

    All the best to you too!
    Kang Wei
    May 18 01:17 AM | Likes Like |Link to Comment
  • FitLife Is Very Cheap, But Probably Not For Long [View article]
    Hi Igor,
    Great article! I was planning to publish a piece about it but looks like I don't have to anymore, with your remarkable coverage of the stock in the article. :)

    I would just like to a few more points:
    First, FitLife is currently developing a new line of products, Zyri Labs, in anticipation of a product launch into the corporate stores in the near future. They will be sending the products in for trial by the end of this year, and it should be out on the shelves next year if everything goes smoothly. There isn't much information on the web for now (nothing at all if you search Google), but I heard the CEO mention it in his presentation dated December 8th, 2013.

    Besides this, they are also targeting gyms and other facilities, which could also raise awareness and drive further growth.

    All the best!
    Kang Wei
    Feb 16 08:59 AM | 2 Likes Like |Link to Comment
  • My Income Portfolio Of 30: 2nd Half Of 2013 Review [View article]
    Personally I think it's a great buy.
    Feb 10 10:00 PM | Likes Like |Link to Comment
  • Monitise: This High Growth Mobile Company With 40% Upside Makes My 2014 Pick [View article]
    Hi 7865791
    Welcome to Seeking Alpha! Thanks for your comment. I agree with all your points.

    All the best!
    Kang Wei
    Jan 15 10:15 AM | Likes Like |Link to Comment
  • Monitise: This High Growth Mobile Company With 40% Upside Makes My 2014 Pick [View article]
    Hi Gournoff,
    Thanks for the comment. Glad you enjoyed my article :)

    All the best!
    Kang Wei
    Jan 9 03:03 AM | Likes Like |Link to Comment
  • Monitise: This High Growth Mobile Company With 40% Upside Makes My 2014 Pick [View article]
    Hi hnt,
    Thanks for reading. Best of luck for your position.

    All the best!
    Kang Wei
    Jan 9 03:02 AM | Likes Like |Link to Comment
  • Monitise: This High Growth Mobile Company With 40% Upside Makes My 2014 Pick [View article]
    Hi senor,
    Thanks for reading and for the comment. Regarding your questions:

    1. Monitise's competitors range from the in-house research departments of larger technology companies to other smaller companies (like Sumall, as one commenter mentioned above- I'm not sure about this one yet). Since we don't know what these larger tech companies (perhaps IBM or Google) are doing (R&D) until they officially release it, I'm afraid I'm unable to name you these companies.

    2. Monitise generates revenues in a few ways: First, Monitise charges its customers for the integration of their platform into the customer's systems. It earned 40% of revenues from here. Second, companies pay Monitise some fees, monthly, for the number of customers that log on to the company's mobile money platform. It charges a small amount for each customer if I'm not wrong. Thirdly, it receives commissions when customers buy goods from merchants. Monitise earned 60% of revenues from these to segments in 2013. These can be found in its annual report (http://bit.ly/JzQdgg)

    I think that, for whatever Monitise is enabling customers to do, it is adding value overall to a customer's business model.

    3. As I know, Monitise is not involved in Bitcoin trading for now- it is just involved in the exchange of cold, hard cash. It might get involved in Bitcoin someday, especially if Bitcoin gets more popular, but I don't think it'll happen in the near future.

    I hope this reply answered your queries. If not, feel free to ask again.

    All the best!
    Kang Wei
    Jan 4 12:53 AM | 1 Like Like |Link to Comment
  • Monitise: This High Growth Mobile Company With 40% Upside Makes My 2014 Pick [View article]
    Hi Tony,
    Thanks for the comment and also for pointing out the mistake. UK's tax rate is only between 20%-23%. I took the US tax rate there. After re-calculating, valuations actually to rise to 125p! I took the deferred taxes into consideration already.

    Your thesis about the potential acquirers (specifically Visa) make a lot of sense- thanks for that too. I had not seen it from that perspective previously.

    All the best and wishing you a great 2014!
    Kang Wei
    Jan 4 12:34 AM | Likes Like |Link to Comment
  • Monitise: This High Growth Mobile Company With 40% Upside Makes My 2014 Pick [View article]
    Hi White Moses,
    Thanks for the comment. Here's to your 2035 retirement and your trips to Bahamas and China! Cheers!

    All the best
    Kang Wei
    Jan 4 12:23 AM | Likes Like |Link to Comment
  • Monitise: This High Growth Mobile Company With 40% Upside Makes My 2014 Pick [View article]
    Hi waytindor,
    Thanks for reading and for the comment. Nice find about Sumall, I haven't heard of it before. I'll do some research on it.

    All the best!
    Kang Wei
    Jan 4 12:20 AM | Likes Like |Link to Comment
  • My Income Portfolio Of 30: 2nd Half Of 2013 Review [View article]
    Hi Dingolo,
    Thanks for reading and for the compliments. Have a great day!

    Kang Wei
    Jan 4 12:17 AM | Likes Like |Link to Comment
  • My Income Portfolio Of 30: 2nd Half Of 2013 Review [View article]
    Hi,
    Sorry I missed your comment. I'll take note of your suggestions. Thank you!

    All the best!
    Kang Wei
    Jan 4 12:16 AM | Likes Like |Link to Comment
  • Monitise: This High Growth Mobile Company With 40% Upside Makes My 2014 Pick [View article]
    Hi ChuckXXX,
    Thanks for reading and for the feedback regarding the company.It is true that the company was harder to research without conference calls and 10-Ks. But I guess the potential is there, and for me, that's what matters most.

    All the best and Happy New Year!
    Kang Wei
    Dec 31 05:33 AM | Likes Like |Link to Comment
  • Monitise: This High Growth Mobile Company With 40% Upside Makes My 2014 Pick [View article]
    Hi market buzz,
    Thanks for the comment. I'm not really sure about earnings as I have not researched this aspect of the company previously. Even so, I expect the company to continue on its growth trajectory and not disappoint investors in this aspect.

    All the best & Happy New Year!
    Kang Wei
    Dec 29 03:23 AM | Likes Like |Link to Comment
  • Monitise: This High Growth Mobile Company With 40% Upside Makes My 2014 Pick [View article]
    Hi Saint Allard,
    Thanks for reading and for the comment. It is true that Monitise is a very interesting play for the future, and I too am interested in seeing how the company will evolve into the future. I expect to see more ventures and acquisitions (like the fantastic Grapple) which will add more value to the company going forward.

    Cheers!
    Kang Wei
    Dec 29 03:19 AM | Likes Like |Link to Comment
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