MAA Group, via Maybank Nominees (Tempatan) Sdn Bhd for Imperium Edumaax Sdn Bhd, acquired 68,000,000 KNM shares on 5/10/2021. The group now is holding 10.023% KNM shares.

https://www.youtube.com/watch?v=BFswCrQL5xo

https://www.youtube.com/watch?v=fkX-H24Chfw

https://www.crunchbase.com/organization/kiplex/recent_investments

https://www.bluesheets.io/

https://simplywall.st/stocks/my/tech/klse-gpacket/green-packet-berhad-shares/news/health-check-how-prudently-does-green-packet-berhad-klsegpac

The founder of GP selling his shares to less than 10% really caused many to worry that include me. I first invested in GP since 2008. I went through with the company when it sold off GP Hub, its headquarters and was with huge debt until it settled all its debts with TM recently.

GP's financial health is 6/6. Stable Cash Runway: GPACKET has sufficient cash runway for more than a year based on its current free cash flow. Forecast Cash Runway: GPACKET has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 13.2% each year (please see https://simplywall.st/stocks/my/tech/klse-gpacket/green-packet-berhad-shares).

GP's recent diversification into investment, money lending with investment bank are related to Kiplex Ventures' participation in Bluesheets' fund raising and possible taking part in AEI CapForce II Investment.

Where does GP raise funds to participate in Bluesheets and AEI? From observations of GP selling down in G3 and Puan selling down his shares. Most probably Bluesheets and AEI's return of investment would be much higher.

Earnings Trend: GPACKET is unprofitable, and losses have increased over the past 5 years at a rate of 57% per year. Accelerating Growth: Unable to compare GPACKET's earnings growth over the past year to its 5-year average as it is currently unprofitable. Earnings vs Industry: GPACKET is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (23.6%). Please see https://simplywall.st/stocks/my/tech/klse-gpacket/green-packet-berhad-shares.

Above are just some of my observations and thoughts from the perspective of an investor.

https://www.businesstimes.com.sg/garage/bluesheets-raises-us15m-led-by-investible

Bluesheets raises US$1.5m led by Investible

WED, SEP 15, 2021 - 8:18 PM

CLAUDIA CHONG

DATA management platform Bluesheets has raised US$1.5 million in a funding round led by Investible, with participation from Antler, 1982 Ventures, Kiplex Ventures and Kistefos.

Singapore-based Bluesheets automates and simplifies the flow of financial data between a company's systems. Among other features, its platform can push sales and purchasing data to reporting and accounting systems without the need for costly and time-consuming integrations.

It connects tools like WhatsApp, email inboxes or revenue channels with accounting platforms like Xero or Quickbooks and other third party apps.

Bluesheets was launched in 2021. It has customers in over 10 countries and added over 100 paying clients in August. Pizza Express, Guzman y Gomez, Osome and Nextpay are among its users.

The startup was co-founded by Christian Schneider, who worked at McKinsey, Rocket Internet and foodpanda before founding corporate catering startup Dishdash.

Co-founder Clare Leighton was an executive at Dishdash and Uber before embarking on the Bluesheets venture, where she is chief operating officer.

"Companies today are faced with a difficult choice - either process the valuable data they are sitting on manually, or invest tremendous time and resources in accessing it. What if we could change all of that with a single tool that ingests, classifies, exports and is easy to implement?" said Mr Schneider, the chief executive officer.

On 19 August, LSE and wife disposed 66,000,000 shares.

Kossan QR result is out, impressive.

ZICO Shariah Advisory Services Sdn. Bhd. (“ZICO Shariah”) is the Shariah Adviser to Public e-Islamic Innovative Technology Fund. ZICO Shariah is a member of ZICO Holdings and is registered with the SC to advise on sukuk issuances, Islamic funds as well as other Islamic capital market products and instruments. It is also approved by the Central Bank of Malaysia to provide Shariah advice, Shariah review and Shariah audit services to Islamic financial institutions. ZICO Shariah has more than 12 years of Shariah advisory experience.

The top 20 shareholders of Zico already hold 93.22 percent which indicates confidence in the company.

Zico's 2020 Annual Report submitted on April 2021 shows UOB KAY HIAN PTE LTD holds 157,900,446 shares or 48.44 percent.

Flavio Porro
Co Managing Director presso BORSIG GmbH and Group General Counsel KNM Group

From the AR of KNM (Part 1: page 9) "The production of our bio-ethanol plant in Thailand was also substantially lower in FYE2020 due to the lockdowns, coupled the significant increase in the cassava chip prices in the second half of 2020 driven by high demand from China and limited supply caused by cassava deceases. As such, our local management team had taken various
cost control measures including reducing ethanol production, initiate contract farming and sourcing from cheaper and stable supply channels in the long run in order to reduce the cost of ethanol production and operating losses in FYE2020." So, I think the Thailand Ethanol revenue as reported for Q1/2021 is not included.

https://markets.businessinsider.com/commodities/ethanol-price

ox1973, you are welcome.

The 2018 Annual Report shows, as of May 2019, total top 30 shareholders hold 29.81% of KNM shares. In the 2019 Annual Report shows, as of May 2020, the top 30 shareholders hold 25.5% of KNM shares. Most of the top 30 shareholders are institutional shareholders but each only hold a portion of the total shares. Risk factor might be the reason for holding small percentage of share in KNM by institutional shareholders. Institutional holdings should have increased after 6 constitutive quarterly profits but the total top 30 shareholdings show otherwise. To explain this, I guess it was because of the pandemic (started in February 2020) that prompted institutional shareholders to reduce risk.

In the 2019 Annual Report shows that shareholders who owned 10,001 - 100,000 shares consist of 13,722 shareholders which forms 36.05% of total shareholders that hold only 3.01% of total KNM shares. On the other hand, shareholders who owned 100,001 - less than 5% shares consist of 2,969 shareholders which forms 7.80% of total shareholders that hold 72.33% of total KNM shares.

My take is this - with continuous increase in the Q-to-Q and Y-to-Y profits KNM would attract more institutional buyers and this would create stability for KNM's share prices. The Annual Report is expected to be released around May 2021. Let us see whether the top 30 shareholdings is on the uptrend and increased shareholdings by individual institutions.

I am not sure when the Peterborough project will begin to contribute to KNM's top and bottom lines. See information on PETERBOROUGH GREEN ENERGY LTD, Company number 09671431
https://find-and-update.company-information.service.gov.uk/company/09671431/filing-history

The 2018 Annual Report shows, as of May 2019, total top 30 shareholders hold 29.81% of KNM shares. In the 2019 Annual Report shows, as of May 2020, the top 30 shareholders hold 25.5% of KNM shares. Most of the top 30 shareholders are institutional shareholders but each only hold a small holdings. Risk factor might be the reason for holding small percentage of share in KNM by institutional shareholders. Institutional holdings should have increased after 6 constitutive quarterly profits but the total top 30 shareholdings show otherwise. To explain this, I guess it was because of the pandemic (started in February 2020) that prompted institutional shareholders to reduce risk.

In the 2019 Annual Report shows that shareholders who owned 10,001 - 100,000 shares consist of 13,722 shareholders which forms 36.05% of total shareholders that hold only 3.01% of total KNM shares. On the other hand, shareholders who owned 100,001 - less than 5% shares consist of 2,969 shareholders which forms 7.80% of total shareholders that hold 72.33% of total KNM shares.

My take is this - with continuous increase in the Q-to-Q and Y-to-Y profits KNM would attract more institutional buyers and this would create stability for KNM's share prices. The Annual Report is expected to be released around May 2021. Let us see whether the top 30 shareholdings is on the uptrend and increased shareholdings by individual institutions.

I am not sure when the Peterborough project will begin to contribute to KNM's top and bottom lines.

GP's acquisition of Xendity, an e-KYC company has an existing business in Singapore. The Fintech and Proptech are also real businesses. Its fintech under the Kiple brand already started in 2018. Cloud computing is a confirmed new venture which is already approved by the company's board during the AGM last week. Digital bank is what the company is working toward securing a license.

From what is reported in the press, students can pre-order their food by just scanning their faces. It is AI! Parents have the control of the e-wallet. So, without bringing phones to school, children can do their purchases and parents can have access to what their children purchased.

Yes, I have been user of P1 and Webe. GP's CPE segment that include 4G, 5G and Roadmio sales are on the down trend. Its communication also keep losing money though revenue increased. I thought the new business (Funsea) could make money but really disappointing. Though the communication and solution segments are losing money, its network would be useful for its potential cloud computing business etc. The new hope is its digital segment that might take a longer incubation period before seeing profits. However, G3 might be able to give GP a boost if G3 could get big contracts.

Actually, I have been waiting for the substantial shareholders to emerge since the day the founder and his major shareholder, Kok On disposed all of their warrant B. At that time to context was Sense Time after Sense Time's founder was appointed to Khazanak board. Now, the context is different with Tencent in the picture, e-KYC and cloud computing. I think, it shouldn't be too long from now to see the emergence of a new substantial shareholder.

I also belief that it's all well planned which could be traced back to the day (last year) when PCC and Tan Sri Kok on disposed all of their warrant B, at least. Do you guys think Kok On is totally out of the game, after being a long time shareholders of GP? I think he hasn't left the company though he left the board of directors.

Kendall disposed the 100 mil shares in a few blocks, below the 5% level. So, it is not compulsory to declare who is or are the buyers. It was disposed at RM0.80. Over the last two weeks, CCP bought 26,945,200 shares on average of about RM0.56. PP was at RM0.52. Personally, I think, very likely the buyer of Kendall, PP and CCP's blocks could be the same person/company/institution. To me, it is positive on the company development and prospect. Understanding of the company's fundamental and prospect, will help investors to overcome their emotion.

However, something that I really don't understand why its communication segment is still making losses but with huge increase in revenue! This is something very disappointing to me.

In 2007, Digi wanted to buy GP, at that time, its share price was around RM5.00 + but CCPuan didn't sell. Its says something about his entrepreneurship and vision.

Sorry, I am not anyone's follower but is following the company's business development and the spirit of entrepreneurship.

I have been holding GP share since 2009, a user of GP's Wimax, P1 and Webe. I am also a user of Kiplepay and Setel since 2018, and Kiplepark user since 2019. Kiplepay is a disappointment if we compare it with TNG, Favepay, Grabpay in the retail sector. I guess GP learned its lesson when they ventured into Wimax 4G competing with the other 4 BIG telcos. Even YTL's YES is still making losses.

Now that GP is taking a different strategies, cashless payment, e-commerce is a very competitive business but GP may turn out well if its strategy and direction are right. This is my hope and still holding on with increasing number of shares that tell I am into a long term investor, growing with the company.

At present, Kiplepay's biggest ticket is the Setel project. About 700+ Petronas stations are Setel enabled. It will hit 1000 stations by end of 2020. I checked Petornas Dagang's 2019 total revenue was RM30 bil, retail segment is RM15 bil. If 30% of Petronas users use Setel, it means RM4.5 bil. will go through the Kiplepay gateway! However, I don't know many percent is charged to Petronas. Its KipleBiz and White labeling services is seeing more SMEs signing up. Kiplepay's strategy is on big enterprise like Petronas, Tesco, Crocs, Hai-O, chain-stores, etc. A search of retail segment at the Kiplepay apps, more small retail shops are found surrounding UUM and UPM. I hope this will take place around UiTM's many campus branches in months/years to come. The thermal scanners installed at the 63 schools will also expend the Kiplepay usage, at least the schools.

Regarding the Q1 result, Funsea and messaging could positively contribute to its communication segment because of the log down. This segment serves clients in about 25 countries. If Unifi mobile also did well during the MCO and with increased subscribers then we should also expect positive contribution to it investment holdings. However, we don’t know how much had been invested in it’s digital segment. These are some of my thoughts on the Q1 results.

SpartanFury and Agjl, thanks for sharing your thoughts. Appreciate it. Following the remarks by Cryptotraders, do you guys see any possibility of GP taking the company private?

If CCP wants to maintain his shareholding at around 27% whenever warrants are converted to shares then he will continue to buy about another 75 millions shares till end of 2023. If I am right. Just a logical thinking.

A question arise why did CCP didn’t buy in late March when the shares hit 0.42 !

CCP sold all his 120 millions plus Warrant B last year at Rm0.20 a piece. So he should have Rm 24 millions. Last week and this week he bought a total 26,944,200 shares, is about 27% of total
Shares. I guess he is trying to maintain his shares holdings level because about 102,748,440 warrants B hade be converted to shares.

Is it wise to Hold warrants compare to the mother shares?

The above is my first ever post in this forum!

The multiple proposals posted by Nekosaan was about three years ago. The proposed capital reduction was basically related to the accumulated losses of about Rm500+ millions lost during the Wimax venture, from P1 to Webe and now is part of TM, Unifi mobile where GP still owns about 13%. Over the last few quarter reports, at times there were reports of gain from investment holdings. I wonder whether the gain were from Unifi mobile.