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13,544 comment(s). Last comment by Victor Yong at May 31, 2020 1:43 PM
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Victor Yong
6139 posts

Posted by Victor Yong > May 30, 2020 7:32 AM | Report Abuse

I think malaysian IT-based companies like GP will be given preference for the digital bank licence if they qualify or eligible for the development of the IT industry in Malaysia. Job opportunities for malaysians and corporate tax goes directly to the country.

Foreign Companies registered or set up overseas will be second priority.

Fingers crossed :)


Victor Yong
6139 posts

Posted by Victor Yong > May 30, 2020 7:41 AM | Report Abuse

Associate Co, G3.

Smart Internet of Things (“IoT”)
In Malaysia, agriculture sector contributed
RM99.5billion to Gross Domestic Product.
The maximization of crop and livestock yield
becomes ever more important specially to meet
the needs of increasing Malaysian population.
Hence, various initiatives have been undertaken
by the government to modernise and increase
agricultural production.
One of the key initiatives is through
implementation of IoT advance sensors and data
analytics. The global agriculture IoT market is
expected to be worth USD20.9bn by year 2024
with compound annual growth rate of 10.4%.
While in Malaysia the IoT industry is expected to
contribute RM42.5 billion by 2025.
Through G3’s IoT agriculture system
implemented in 2019, farmers enjoyed the rise
in crop yield by approximately 64% and fertilizer
savings by approximately 60%. Through this
proven record that the Group is positive to grow
alongside the growth in IoT agriculture sector.
Smart Mobility
Malaysia home to 15 million vehicles, motor
insurance gross written premium of RM8.5
billion with a growth rate of 1.8% and road
accident death rate of 23 per 100,000 population
on the road. Smart mobility is and will be key
driver to improve road safety, support reduction
in insurance premium and autonomous driving.
The global market for telematics solutions
stands at USD41 billion in 2022 with compound
annual growth rate of 14%, autonomous vehicles
at USD54 billion and 125 cities rolling out smart
mobility projects. Malaysia is expected to reach
131 million trips by 2030, the demand for reliable
telematics solutions becomes crucial.
The Group grew 17 times in fleet size between
2018 and 2019 proving the growth in demand for
telematic products.
Smart AI
Global artificial Intelligence (“AI”) market size
stands at USD390 billion by 2025 with compound
annual growth rate of 46%. In Malaysia, data and
analytics software market is forecasted to reach
RM595 million by 2021.
Through AI, it is estimated that innovation rate
will be 1.8x by 2021 with employee productivity
improves by 60%. With significant AI potential,
already 26% organisation in Malaysia embarked
on AI. Hence, a larger market potential for AI
adoption in Malaysia.
AI has been currently equipped in office towers
by developers, parking lots, court room, retail
outlets, airport and various everyday online
services. Workforce in Malaysia are also being
upskilled to acquire data science and data
engineering competencies. Thus, Malaysian has
a strong maturity level to adopt AI.
With expected RM65 billion in IT spending per
annum, one of the key main drivers is AI. As
part of 2019 Malaysia Budget, RM3 billion fund
under Malaysia Development Bank is created
to accelerate development and adoption of
smart technologies including AI and robotics.
The future of AI growth in Malaysia outlook is
positive.


Victor Yong
6139 posts

Posted by Victor Yong > May 30, 2020 7:43 AM | Report Abuse

G3, an associate company of GP could bring a lot of values to GP shareholders too :)

The opportunity for the Group to embark
in AI, bringing foreign talents & expertise into
Malaysia and having first mover advantage.
The memorandum of understanding between
SenseTime Group Ltd, China Harbour
Engineering Company Ltd and G3 Global Berhad
on 26 April 2019 marks the first step for the
Group to bring Malaysia towards regional AI Hub.
Rapid change in technology would place a risk
to the Group. To manage the risk, the Group has
dedicated team to constantly review and upgrade
existing solutions to avoid obsolescence while
searching complement products to enhance
existing solutions.

CORPORATE DEVELOPMENTS
During the financial year, corporate developments
in the Group are as follows:
a) On 27th May 2019, the Company announced
a proposal to dispose off the entire
equity interest in three (3) wholly owned
subsidiaries i.e Edwin Jeans (M) Sdn Bhd, GA
Blue Corporation Sdn Bhd and Yen Retailing
(M) Sdn Bhd for total consideration of
RM4,384,000. Disposal has been completed
on 13th December 2019 in accordance with
the terms and conditions of the SSA
b) On 29th March 2019 , the Company
announced a proposal to undertake the
establishment and implementation of Share
Grant Scheme (SGS) of up to 10% of the total
number of issued shares of G3 (excluding
treasury shares , if any) at any point in time
during the duration of the Proposed SGS for
the Executive Directors and Employees of G3
and its subsidiaries who fulfil the eligibility
criteria. The Proposal has been approved by
shareholders at EGM on 22nd August 2019
c) On 26th April 2019, the Company
announced the signing of a Memorandum
of Understanding with SenseTime Group Ltd
of Hong Kong and China Harbour Co. Ltd of
China for a proposed joint-venture to set-up
an AI Park in Malaysia for the development
of AI Solutions and other related technology,
facilities and infrastructure. The project is
still pending signing of any agreement.

FUTURE PROSPECTS
The Group expects to expand further into the
ICT business especially in AI and Data Analytics.
As global and local demand rises for Smart
Technology (AI, mobility, smart IoT) to manage
efficiency and cost, the Group will see continuous
growth in revenue especially demand for AI in
view of current COVID-19 outbreak.
The Group will continue to invest in growing the
ICT business as we see the growth potential
because as AI being applied in other industries
and in various discipline due to its accuracy in
capturing data, automatically analyse and help
guide business strategies.


Victor Yong
6139 posts

Posted by Victor Yong > May 30, 2020 8:35 AM | Report Abuse

Kiple pay app focuses on universities, colleges, etc is a good move. When the number is big, I think retail outlets will accept kiple ewallet too like touch n go and boost. Students are the future :)


dumbdumb123
28 posts

Posted by dumbdumb123 > May 30, 2020 11:45 AM | Report Abuse

Thanks for all the info, , Victor. Thanks.


newkid
351 posts

Posted by newkid > May 30, 2020 2:54 PM | Report Abuse

after 2 weeks good rest n zen meditation , next week will rock the market again ! Will start collect gp mother 80 to 84 sen for dead cat rebound , i am not interested the son as its over played by retailers . some big boys still stuck many mother tickets above 95 sen , now is the best fishing time !!!


Daily8
3456 posts

Posted by Daily8 > May 30, 2020 3:04 PM | Report Abuse

Over information will makes a forum look desperate. reduce it Victor Yong.


Chua Joe Beng
155 posts

Posted by Chua Joe Beng > May 30, 2020 3:08 PM | Report Abuse

yeah, im getting bored! lets hv a rebound!


erkongseng
3044 posts

Posted by erkongseng > May 30, 2020 3:35 PM | Report Abuse

Ai与5G是今后的趋势,搭上这列车准沒錯,收它1,2年,石头变黄金,母股2元,憑单1.60元


360Capitalist
626 posts

Posted by 360Capitalist > May 30, 2020 5:13 PM | Report Abuse

I hope very significant announcement coming soon


HowAh
857 posts

Posted by HowAh > May 30, 2020 6:09 PM | Report Abuse

See you at 0.68


360Capitalist
626 posts

Posted by 360Capitalist > May 30, 2020 6:34 PM | Report Abuse

Hopefully can get 68... fast fast pushing down.. I am waiting


chkhooju
737 posts

Posted by chkhooju > May 30, 2020 6:43 PM | Report Abuse

Well, it should be around 68 or slightly lower. The operator will ensure that the warrant will be out of money. Those who convert will be losing money when their mother shares come back. All will be losing money. Trapped!


KK
486 posts

Posted by KK > May 30, 2020 7:00 PM | Report Abuse

Both Green Packet & G3 Global will begin to rebound on next week as big leg collect a lot around RM 1.00 during the sharp correction .


Chua Joe Beng
155 posts

Posted by Chua Joe Beng > May 30, 2020 7:35 PM | Report Abuse

Don't play play, most investors hv lost money! I will b happy if mother at 80c n son goes back to 40c.


erkongseng
3044 posts

Posted by erkongseng > May 30, 2020 7:43 PM | Report Abuse

Do not worry,be happy,rebound just time


chkhooju
737 posts

Posted by chkhooju > May 30, 2020 7:56 PM | Report Abuse

Come on. Don't kid yourself. Don't be naive. Stubborn people will definitely lose their pants.


melanie1818181818
26 posts

Posted by melanie1818181818 > May 30, 2020 9:42 PM | Report Abuse

This forum is full of desperados, posting out-dated news is meaningless, it helps for self consolation and to wash out comments which you don’t like, but it doesn’t change the fact that this is a goreng counter


Cryptotrader
409 posts

Posted by Cryptotrader > May 30, 2020 10:00 PM | Report Abuse

Hold wining stock. Cut losing stock. My sifu told me....


Agjl
1272 posts

Posted by Agjl > May 30, 2020 10:04 PM | Report Abuse

Melanie181818181818....Dont most of the Bursa counters are goreng coubters nowadays? Even the glove counters! Do u think the price justified!

Winners only emerged when u choose thebright goreng counters and the flavor of the week or flavor of the months! Look at Rubberex, the production lines are so limited and only a small amount of gloves are produced and new lines will onky come on stream by july or august. And it went limit up!

So the point is, the winners are the one who have chosen the right goreng stocks, the right time the right flavor!!!


Agjl
1272 posts

Posted by Agjl > May 30, 2020 10:06 PM | Report Abuse

Crytotrader...can anyone tell me what will be tge winning atixks amd losing stocks new week?


Agjl
1272 posts

Posted by Agjl > May 30, 2020 10:07 PM | Report Abuse

NTA, low PE, larger cash balance all thrown out of the window. Currently these are the losing sticks at the moments


melanie1818181818
26 posts

Posted by melanie1818181818 > May 30, 2020 10:26 PM | Report Abuse

Don’t insult glove counters, they make money. Gp lose money almost every qr. signed some toilet paper memorandum and released some products gonna guarantee bombastic profits? Don’t be naive


Agjl
1272 posts

Posted by Agjl > May 30, 2020 10:36 PM | Report Abuse

Melanie18181818....i have nothing against glove counters and i m not favoring GP as well. Yes they make money, so what? Do u think the current price justify the run up? U can call me naive u can call me ignorant but i beg to difer. And by questioning the valuation of current glove counters u viewed as insulting? I can only smile with an open heart.

By the way, i did a quick kill in all glove counters.

Even if any counters or GP not making monies, there is no need to talk it down and cast fears in people who is owing it.

I still think most stocks are goreng counters be it they make monies or lose monies. Its just depend who are behind the goreng counters. Some goreng with style, some goreng merciless till burnt. Thats only the diference


Agjl
1272 posts

Posted by Agjl > May 30, 2020 11:09 PM | Report Abuse

And i also fully agreed GP has been gireng and the way it moved up was nicely done but nit the way it moved down. When it moved up, everyday move 3-4 sen with good volume....and only whem it reached 1 it started to quantum leap and hit limit up and that was The time one shld say sayonara.

Seasoned investors or punters can see it so clearly that this will be the last push, at least for the time being.....

And the way it moved down each day 3-4 sen also gets me worried a little cos its os following the pattern how it moved up. I am afraid it will eventually move down to the 60 sen level back it all started. Lets hope not then.

Anyway, just my humble observations.

All the best and happy trading on Monday. Cheers!


limitupupup
665 posts

Posted by limitupupup > May 30, 2020 11:46 PM | Report Abuse

next monday 0.7x die liao die liao


Agjl
1272 posts

Posted by Agjl > May 30, 2020 11:58 PM | Report Abuse

Limitipupup.... yes its very likely below 80 next week


Victor Yong
6139 posts

Posted by Victor Yong > May 31, 2020 12:10 AM | Report Abuse

Big jump in GP warrant next week, hold your breath :)

https://www.klsescreener.com/v2/news/view/683141


IvanSing
25 posts

Posted by IvanSing > May 31, 2020 12:15 AM | Report Abuse

What about mother share


heretolearn
16 posts

Posted by heretolearn > May 31, 2020 2:20 AM | Report Abuse

Wa below 80 ah time to collect more lo!!!


Chua Joe Beng
155 posts

Posted by Chua Joe Beng > May 31, 2020 7:38 AM | Report Abuse

Posted by Victor Yong > May 31, 2020 12:10 AM | Report Abuse

Big jump in GP warrant next week, hold your breath :)

https://www.klsescreener.com/v2/news/view/683141

I give my thumbs up for Pankaj C. Kumar on his opinion n insights about GPacket. His write up on GPacket has given lights to whether or not to invest in GPacket. I reject ppl using d term "PUMP n Dump" or "GORENG STOCK". Considering d recent settlement of 24.39mil by MYTV to GPacket n its venture in KipleLive, i hv confidence GPacket business will grow to profitability moving forward.


KK
486 posts

Posted by KK > May 31, 2020 8:32 AM | Report Abuse

This written article appear in a perfect timing should the mother share price start to rebound next week after it peak @ RM 1.65


erkongseng
3044 posts

Posted by erkongseng > May 31, 2020 8:42 AM | Report Abuse

趁机进入,下周许多股如建築,建材,手套股将套利,资金会重新进入如gpacket,gpacket wb的Ai,5g趋势股,長期母股2元,憑单1.60


Hooi369
72 posts

Posted by Hooi369 > May 31, 2020 8:53 AM | Report Abuse

等久久吧


chkhooju
737 posts

Posted by chkhooju > May 31, 2020 10:05 AM | Report Abuse

1.60? That's the greatest joke of the week. If its warrants are trading at 0.30, most probably the underlying share will be around 0.68¢..because the promoter will make sure that those naive people will lose money.


chkhooju
737 posts

Posted by chkhooju > May 31, 2020 10:09 AM | Report Abuse

Yes, 0.68¢.I mentioned this figure quite a number of times in this forum and I stick to it. There's no two ways about it. I stand by what I have said.


IvanSing
25 posts

Posted by IvanSing > May 31, 2020 10:20 AM | Report Abuse

confidence will rebound on coming Monday


KK
486 posts

Posted by KK > May 31, 2020 10:55 AM | Report Abuse

The share fall from a peak of RM 1.65 and 50% is 0.825 , will it form a support level from any stock theory? Any sifu please enlighten ..


chkhooju
737 posts

Posted by chkhooju > May 31, 2020 11:06 AM | Report Abuse

Say what you want. The reality is, all naive investors will be trapped.


Victor Yong
6139 posts

Posted by Victor Yong > May 31, 2020 11:21 AM | Report Abuse

GP is like an incubator, nurture its startup, then sell it for huge profit and reward shareholders in one lump sum ?... tak tau, gp akan buat yang sama kelak.. jual ini jual itu macam dulu :)

FOR REMEMBRANCE :)

Telekom Malaysia (TM) now owns 72.9% of Packet One Networks (P1)
in Telekom Malaysia, unifi mobile 12/02/2016 Comments Offon Telekom Malaysia (TM) now owns 72.9% of Packet One Networks (P1)

In stock exchange filing yesterday, the country’s largest fixed-broadband telecommunications provider, Telekom Malaysia Bhd’s (TM) said that its wholly-owned subsidiary Mobikom, now owns 72.9% of Packet One Networks (Malaysia) Sdn Bhd (P1).


TM invested in P1 back in October 2014 with a shareholding of 55.3%; and the remaining 44.7% is shared between Green Packet (31.1%) and SK Telecom (13.6%).

With the latest announcement, TM said it had received 10.67 million new P1 shares (via Mobikom), after the early conversion of the subscribed convertible medium-term notes (CMTN) issued by P1. TM now owns 10.81 million P1 shares.

Due to the larger share base, Green Packet’s stake in P1 is now reduced to 18.9%, while Korea-based SK Telecom Co Ltd’s holding fell to 8.2%.

TM announcement to Bursa Malaysia as below:

We refer to the announcements dated 27 March 2014, 30 September 2014 and 17 September 2015 in relation to the investment in Packet One Networks (Malaysia) Sdn Bhd (“P1”) (“Announcements”). Unless otherwise stated, the definitions used herein shall have the same meanings as set out in the Announcements.
TM wishes to announce that its wholly owned subsidiary, Mobikom Sdn Bhd (“Mobikom”) had received 10,674,640 new P1 Shares pursuant to the early conversion of the Convertible Medium Term Notes subscribed by Mobikom on 15 September 2015 under the CMTN Programme issued by P1.

In addition, P1 has issued 133,726 new P1 Shares to Mobikom due to net debt adjustment in accordance to the terms of the Investment Agreement dated 27 March 2014.

Pursuant to the additional 10,808,366 new P1 Shares issued by P1 to Mobikom, TM’s (via Mobikom) shareholding in the ordinary equity of P1 has increased from 55.3% to 72.9%, while the balance are currently held by Green Packet Berhad (via its wholly owned subsidiary, Packet One Sdn Bhd) and SK Telecom Co., Ltd at 18.9% and 8.2% respectively.

None of the Directors and major shareholders of TM and/ or persons connected to them have any interest, direct or indirect, in the investment in P1.

This announcement is dated 11 February 2016.

P1 is a wireless broadband service provider currently offering its service using WiMAX technology via the 2.3Ghz band. It will soon offer 4G LTE service via the 2.6Ghz and 850Mhz (currently offered as TMgo).


i3gambler
346 posts

Posted by i3gambler > May 31, 2020 11:28 AM | Report Abuse

https://klse.i3investor.com/blogs/gambler/2020-05-31-story-h1507924158-GPACKET_WB_a_Big_Frog.jsp

The fair values of GPACKET-WB are ranging from RM0.095 to RM0.640, very much depending on the inputs.


Victor Yong
6139 posts

Posted by Victor Yong > May 31, 2020 12:32 PM | Report Abuse

depending on investors' confidence :) if major shareholders or big companies buy some ordinary shares or warrants, this could boost confidence. See what is next, next week :)

proven that gp is able to find buyers for its assets, etc.

Recall in 2014 Green Packet had sold a 57% stake in the company to TELEKOM MALAYSIA BHD (TM) for RM350mil. It now holds a remaining 19% stake.

“P1 has now become an investment portfolio for us and with TM in the driver’s seat, we are confident that our investment will pay off in the long-term,” Tan says.

Having said that, he points out that the telecoms industry is front-loaded with heavy capex requirements.

Hence, the company will periodically review if P1 continues to fit in with its investment profile and shareholder interest.


Victor Yong
6139 posts

Posted by Victor Yong > May 31, 2020 12:39 PM | Report Abuse

2020: GP stake in P1=18.9% now? 18.9/55.3 x RM350mil ~ RM120mil based on the 2014's selling price to TM. correct? tak tau, worth berapa jika GP jualkannya kini :)

TM raises stake in P1 to 72.9%
Kamarul Anwar

The Edge Financial Daily

February 12, 2016 09:36 am +08

KUALA LUMPUR: Telekom Malaysia Bhd’s (TM) unit Mobikom Sdn Bhd has increased its controlling stake in Packet One Networks (M) Sdn Bhd (P1) to 72.9% from 55.3% by converting medium-term bonds into shares in the company.

Consequently, another Bursa Malaysia-listed shareholder, Green Packet Bhd, sees its holding in P1 diluted to 18.9%, from 31.1%, due to the larger share base.

In a filing with Bursa Malaysia yesterday, the country’s largest fixed-line telecommunications provider said its wholly-owned subsidiary Mobikom had received 10.67 million new P1 shares, after the early conversion of the subscribed convertible medium-term notes issued by P1.

“In addition, P1 has issued 133,726 new P1 shares to Mobikom, due to net debt adjustment in accordance with the terms of the investment agreement dated March 27, 2014,” said TM in the filing.

With the 10.81 million new P1 shares, TM said Mobikom’s stake in P1 had risen to 72.9% from 55.3%. Green Packet’s stake thus fell to 18.9%, while Korea-based SK Telecom Co Ltd’s holding fell to 8.2%.

Two years ago, TM injected RM350 million into P1 in exchange for shares, as it views the company its doorway to the mobile telephony market. P1 has, in total, 50MHz of spectra in the 2,300MHz and 2,600MHz bands, according to the company, which it plans to use for fourth-generation long-term evolution (4G LTE) connection.

In September last year, Mobikom subscribed to RM622.55 million in nominal value of the first tranche issuance of the convertible medium-term notes issued by P1, according to a previous Bursa Malaysia filing. Proceeds from the debt papers were to be used to fund P1’s business plan.

TM closed three sen or 0.45% lower yesterday at RM6.59, with a market capitalisation of RM24.77 billion.


Victor Yong
6139 posts

Posted by Victor Yong > May 31, 2020 1:43 PM | Report Abuse

So many viewpoints, able to evaluate further starting tomorrow when the market opens :)

Period!

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