Greatec is benefiting from the transfer of manufacturing operations from China to Vietnam and Malaysia where Greatec has presence.....due to the trade war and the coronavirus crisis.

Their current e-wallet white labelling approval by Bank Negara is going to under cut existing e+wallet players.

They are going to fast track the company into digital banking and other fintech products.

Private equity firm Kendall Court increased its stake in Gpacket to 10.8% by buying additional 35 million shares at 85 sen on Friday.

Sales dropped but profit increased is because of forex gains and fixed deposit interest earned from the IPO proceeds. Not an operational improvement.

Why sales dropped???

why so excited about bonus issues? Bonus issues do not add any value to a company !

There are only a tiny number of capable fintech companies in Malaysia. This one has the best potential and eventually they will partner with a bank to go into digital banking solutions.

Gpacket is the company with the best fintech potential.........that's why private equity Kendall Court invested in it. Enormous potential. Its penetration into Bank Islam is the start of more things to come.

No borrowings.....net cash of RM 45 millions.

Annualised PE ratio is 29.51 times.

Year- on- year profit growth rate is 70%.

Rising trend of pre-tax profit margin at 45.5%. superb performance.

Seventh consecutive quarter of rising revenue and profits.....

The potential is enormous !

Looks like this is another Revenue.......they have made a breakthrough into Bank Islam and other banks may come in. Bank Negara is encouraging fintech and the cashless revolution.

They should be announcing their latest quarterly results on 25 February. That's their usual schedule.

I understand that the coronavirus crisis has badly affected China's solar companies and they are fast re-locating factories to Malaysia, particularly, Penang. This will benefit Greatec tremendously.

The same applies to Vietnam where Greatec is also present.

Greatec is a leading specialist in manufacturing automation. Also there's a surge of new manufacturing plants coming to Malaysia from China in order to avoid US tariffs.Demand for factory automation is increasing.

Also there's a shortage of labour in the country.

Industrial automation is in great demand especially with Industry 4.0 and extension of tax incentives for automation equipment.

I also heard that the target price is 3.00.

Greatec earnings per share for 9 months todate is 8.88 sen. Annualised eps = 8.88/9 X 12 = 11.84 sen. Based on share price of 2.06, the current PER is 2.06/0.1184 = 17 times. Fair PER ratio should be above 20 times at least.

It will have s short term psychological effect on the price.

Bonus issue won't increase company profits.

Director and CFO selling.....

Director also need to raise some money for risk management.

The warrants are still cheap if kept for the medium term.

cytew, good idea. If they cannot give a bonus issue, you can also suggest a share split of 1 for 2 or 1 for 1.

Everyone should treat Revenue as a long term investment in its role as the leader in the cashless and online business revolution. This is a new major business trend in Malaysia and South East Asia. Invest for great long term investment returns as it's a new business trend with enormous potential.

Well done, cytew !

Cytew is correct most of the time regarding Revenue.

These deals are always based on gentlemen agreement and are done in good faith.

RainT. It's bcos the institutional funds approach substantial shareholder for direct deal so they don't have to buy from open market. Substantial shareholder will agree on condition that the institution also buy a significant amount later from the open market.... like what Kenanga Growth Fund is now doing. That's the normal corporate deal for growth companies with good prospects.

Which means there are now at least two new institutional funds buying into the company.

Kenanga Growth Fund has been buying for 4 days in a row already in a gradual manner of accumulation. This means they are going for the long term.

The buyer definitely an institution but they purposely buy just below 5% so that they don't have to announce their identity.

Kenanga Growth Fund bought another 2.613 million shares from the open market. Their target could be to hold 10% f the company.

Lazada is the largest e-commerce player in Malaysia and South East Asia...... now it's Revenue's partner. Great future.

Institutional funds still buying.....by direct off market deals and open market acquisitions.

So, cytew was right again !

Lost opportunities are the same as lost money.

They real people who got trapped are those who didn't buy Revenue months ago !

Institutional funds usually strike an off-market deal with the major shareholders with the condition that they buy a certain significant amount from the open market later.... that's the usual case.

Kenanga Growth Fund still gradually collecting Revenue shares from the open market...... announced today.

...... and institutional funds recognise this and are slowly accumulating.

You guys are just wasting your time arguing about prices. It's the future of this company, stupid! They're the present leader in the cashless revolution.

The 5-year warrants are trading at a premium of only 12 %.

The warrants are still very cheap.