11.5 sold...

i just sold Tenaga...
Keeps dropping...

Will wait lower a bit before buy back.
buy low sell high

Looking at Tenaga today.. will be another new low
hopefully not

Striker90 Simply betting on today news for Digital bank, Hopefully Gpacket at least in the fighting list
30/06/2020 4:19 PM

BostonMaxwell Strong eating and selling at 0.505
30/06/2020 4:20 PM

Yes... cheers !!

airport..rebounding..
or what ...

who dont believe..
sell....
or dont buy

simple as that.
think about that.

those who believe in CC Puan..
keep adding...

stevenlch Do you guys think will drop further more ? since 5 cents 5 cents dropped
30/06/2020 4:05 PM

I think it will drop further stevenlch...
People taking profit.
Operator pressing down price to 0.06.

Buy low, sell high..
Wait a while before buy..

Pearl Glove... result of audit not yet out..

The group is also collaborating with China Internet giant Tencent to leverage on their capability in introducing KipleID e-KYC (electronic know your customer) which allows financial institutions to offer consumers a more convenient digital banking journey. Adding on the recent proposed acquisition of an e-KYC firm, Xendity that specialises in the identity verification process, this reinforces Green Packet’s position as the preferred partner for digital financial solutions.
“From day one, we have built an ecosystem to get our life improving digital innovations into the hands of the masses under the Kiple brand. Hence, the progress that we have made today has not only affirmed our investments but has reinforced our vision that is to become a digital financial institution,” Puan said.

One of the key wins was the education sector which showed a strong interest in KipleLive. Over the past few months, Green Packet said many schools have adopted the KipleLive solution as they prepared for reopening such as Desa International School, Rafflesia Private and International Schools, SMK Cheras Perdana, and 63 independent Chinese secondary schools through the partnership with United Chinese School Committees’ Association of Malaysia.

Other places that have used KipleLive solutions include Paradigm Mall, The Ascent Corporate Towers, Pavilion Tower, and Hospital Chancellor Tuanku Muhriz Universiti Kebangsaan Malaysia.

“Beyond that, we are also teaming up with Five Petroleum Malaysia to launch the first AI-powered petrol station in Malaysia. We are so excited and look forward to the launch as this is going to bring forth the frictionless and cashless digital experience across all FIVE petrol stations,” said Puan.

The Covid-19 pandemic has pushed digital transformation to the front of the line and Green Packet said it is in position to benefit as the group was ready to serve companies transforming towards digitalisation.

Its digital services business saw gross transaction value rise to RM115.6mil per quarter, which translated to 277% growth from a year ago.

It said when MCO was first implemented, the digital services segment saw a spike on its gross payment transaction for the online payments. Green Packet has embraced the new norm by launching the 'We Are Ready' campaign and its proptech flagship product called KipleLive which integrates the AI facial recognition, cloud-hosted services, FR thermal scanner, and visitor management system.

It said as enterprises build the necessary operational resiliency to survive this new reality, the campaign received welcoming responses from the corporate sector, schools, retail stores, factories, construction sites, banks, and hospitals.

The strong growth of its core business pillars has provided a robust foundation for the group to continue investing in the digital services business. Coupled with the conversions of the warrants in the past few months that have brought in an additional RM30mil to the group, this allows us to continuously invest in the potential new, high growth areas of cloud business and e-KYC including strengthening our digital services ecosystem and integrating the fintech and proptech solution.”

In the latest quarter, the solution business experienced triple-digit growth with increased sales orders and higher shipment across all regions to Asean, Europe, the Middle East, and Latin America.

Its communication business experienced a significant increase in international voice traffic and data business from telecommunication carriers in Asean, Hong Kong, and China.

The group expects demand for data and bandwidth to continue gaining momentum from the Covid-19 pandemic that has resulted to travel restrictions and quarantines.

MR PUAN CHAN CHEONG (a company director) acquired 1,330,000 shares at 0.545 on 26-Jun-2020.
MR BOEY TAK KONG (a company director) acquired 5,000 shares at 0.550 on 26-Jun-2020.
MR PUAN CHAN CHEONG (a company director) acquired 14,260,300 shares at 0.565 on 25-Jun-2020.

Director of the company bought at this price....
At least we be seeing RM1 soon

winmal regret dont buy this morning
29/06/2020 11:05 AM

dont regret..
TM , profit taking soon.
Wait for the next wave downwards, buy low, sell high

Banks .. downwards rating..
Best to avoid for now...

K1... operator will press the price down towards 0.3.
Then we pick up.. and wait for rebound..
Until then, quite risky to touch K1

GREEN PACKET BHD, an international technology and telecommunications company, reported a 50% rise in revenue for first quarter of its 2020 financial year to RM147mil.

Revenue jumped from RM97.9mil posted in the first quarter of its 2019 financial year, with growth driven by higher contributions from all segments. Its legacy Solution business registering an increase of 357% in revenue to RM11.9mil.

In a statement, the company said strong revenue growth was contributed by the communication services and digital services segment, both seeing revenue increase by 41% and 126% respectively to RM132.1mil and RM3.1mil.

Group MD and CEO CC Puan said despite the unexpected Covid-19 pandemic that has brought substantial impact to every individual and business, the group’s core business remained strong and unaffected.

Takaful... will drop further..
People gonna take profit end of today...
Run...

i am adding 0.505 Gpacket

Green Packet’s revenue jumps 50% in Q1 to RM147mil
CORPORATE NEWS
Tuesday, 30 Jun 2020

2:04 PM MYT

like hengyuan story...
topglove hopefully not

After 3.4 support level...
how much further it can drop.
Cant tell
As next , and next next Qtr released financial the figure will be ugly

Raindrop never mind, but only worry if waterfall.
Take care Friday.
July is just next week.

Cimb. Should be seeing Cimb at 3.4 very soon

banking stocks.... next, and next next qtr released financial, the figures should be ugly...

Who want to see the ugly figures..
People scare ma
Scare then how
Run now

Need some time to re-start the economy
business are only start opening
needs time to gather momentum

Some more new 2nd wave coming
USA report more figures

Worry, worry..
If Mar 2020 lowest in bursa history will be coming again
If that happen , then would July 2020 lower than Mar 2020 figures...

Friday...
next week, if July coming.

Markv572421 I sold earlier by time the price is RM 12++.....this counter no use laaa.....Name Tenaga ...but no tenaga at all.....
26/06/2020 2:51 PM

Yeah, I agree with you , Mark.

Looks like we goona revisit Mar2020

jusforshare Not sure why the directors keep buying for the last few days?
26/06/2020 12:03 PM

My two penny thought : the directors keep buying ( as they are super rich), and they keep buying to support the price. Imagine if they do not keep buying, harta would have drop to RM7 ?

This will create super super panic, and retailers all throw...
and where would Harta ended up with ?

Not dare to guess...

Just my two penny thought only !!

ttluck Wait drop back till below RM5 first..
25/06/2020 9:35 PM

ttluck : I fully agree with you.

If newbies want to learn to invest, that is their hard earn money. If the newbies are the new millennium, then, need to most important get confidence.

ttluck: yes, if wait below RM5, this is a very good investment. Long term...
If buy at this price now RM5.61 - this is trading, day trade, contra trade, speculate, very very risky !
Unless the newbies, have all the experience on how to handle Airport at RM5.61 price.

If not the newbies, you are parting with your hard earn money at RM5.61 ( if you invest for long term), and also parting with your fragile confidence.

However, if you are a good trader/ day trade, buy at RM5.61, who knows you might earn some extra pocket money.

Think about that !

Axiata... today up a bit.
Later profit taking, down a bit.

Up due to story, but need wait story firm.
If story just story, and not firm, will not be raindrop.
People not scare of raindrop.
but people scare of waterfall

Why not wait a while and see, if the story materialized or not.
Being in the short list, does not means that you get the business.
it just means, the goreng potential is there only.

Economy/ business so fragile / soft now...
too risky to tread on thin ice.
Wait till the ice firm, then only stable to walk on.

Wait wait Axiata..
I am waiting, and watching...

Bursa... anything at 7, consider expensive
Why ? Economy only opening up ...
Some business sector still waiting to open
Some business sector although opened, are struggling

Do you think Bursa next week, will drop less than 7?
Your guess as good as my guess !
Take care of our hard earn money.
Cheers Friday...

I hope 0.54... would the last of the last lowest price for Gpacket
0.54 ... Gpacket will not die...
0.54 the lowest...

How much lowest you could go ?
CC Puan...
Dont you think this is the lowest of the lowest Gpacket could go ?
If going downwards more, Gpacket...even with Tencent even with any other big big name...
Who would want that to be tarnish....

Even with Star write up, there would not be any more up.

Therefore, 0.54 ( will not die) , next week... we shall see a new price structure for Gpacket.
Keeping our fingers crossed !

@ Good123 : the buyer for kendall's stake could buy from the open market now :).

Green Packet’s group managing director and chief executive officer Puan Chan Cheong (pic) is the company’s biggest shareholder, with a direct stake of 10.22% as at June 12. He also holds an indirect stake of 16.9% via Green Packet Holdings Ltd.

PETALING JAYA: Singapore-based private equity (PE) firm Kendall Court has ceased to be a substantial shareholder of GREEN PACKET BHD, after it disposed of its entire stake in the international telecommunications and technology group.

In a filing with Bursa Malaysia, Green Packet said Kendall Court, via its wholly-owned unit Summit Synergy Ltd, had disposed of 100 million shares or its entire 10.9% stake via a direct business transaction.

The disposal, which took place in a few tranches last Wednesday to Friday at 80 sen a piece, represented a significant premium of close to 16% over the closing price of the Green Packet stock on Friday of 69 sen.

When contacted, Kendall Court founder Chris Chia said the disposal was part of the PE firm’s move to rebalance its portfolio and that it still believed in the Green Packet growth story. He said the PE firm did not rule out investing in Green Packet again in the future.

He declined to reveal to whom the stake was sold off to but added that it was to parties that are likely to contribute to Green Packet’s digital journey.

“We divested due to our own internal processes. We still continue to believe in the growth story of Green Packet and hope to participate in that growth in the near future.”

Kendall Court is an investment firm that manages equity-linked and mezzanine investments across South-East Asia and has deployed and managed over US$600mil in the region. It has invested into the natural resource, healthcare, consumer and telecom industries over the past decade.

The PE firm emerged as a substantial shareholder in Green Packet in September last year, when it acquired 65 million shares in via a direct business deal at a price of 70 sen a share or a 7.1% stake in the company.

In February this year, it bought another 35 million shares in Green Packet, raising its stake to over 10%.

Green Packet’s group managing director and chief executive officer Puan Chan Cheong (pic) is the company’s biggest shareholder, with a direct stake of 10.22% as at June 12. He also holds an indirect stake of 16.9% via Green Packet Holdings Ltd.

Green Packet has been actively growing its business.

Last month, it teamed up with Internet giant Tencent Holdings Ltd to leverage on the latter’s cloud services for the provision of eKYC (electronic know your customer) to businesses in Malaysia, particularly banking and financial institutions.

KiplePay Sdn Bhd, a wholly-owned subsidiary of Green Packet, will leverage on Tencent Cloud’s facial recognition and machine learning capabilities to build a localised e-KYC solution through its KipleID e-KYC.

Last week, Green Packet said it is acquiring Singapore-based e-KYC (Electronic Know Your Customer) specialist firm Xendity Pte Ltd. Green Packet took over the company for US$10mil.

With the acquisition, it will enable Green Packet to strengthen its digital identity verification services, a fast-growing sector as more organisations move towards their digital transformation.

This will reinforce Green Packet’s position as the partner for digital financial solutions for various industries in Malaysia including telecommunications and banking.

Green Packet has also announced its intention to apply for a digital bank licence in Malaysia and will likely be part of a consortium that will include the likes of Bank Islam Malaysia and Tencent, both of which it has business relationships with.
26/06/2020 11:48 AM

@ Good123 :
Thanks for sharing
Thanks for holding the fort
Thanks for providing more info

menort Have a feeling the acquire of Pearl Glove will success because Ats already inform Bursa regarding AT Glove Engineering.

Once complete this counter will be the cheapest glove counter.
26/06/2020 2:39 PM

Thanks Menort
For sharing
For holding the fort
For providing us the info
Thank you very much

yeah... Daniel Tan..
I agree with you , wait till drop 1.2, then lets think about it...
Today, sure bad... as no direction...

Victor Yong ... Happy to see that you are still holding fort for Gpacket..
Cheers, Gpacket...

CC Puan... if you are reading this...
or CC Puan employees....
Pls do something...
Gpacket cannot fall beyond 0.4.

CC Puan... bit by bit... up a bit each day...
very soon Gpacket can go back to 1.65 the day it spike so high.

CC Puan... come on do your magic....
We will wait here for this to happen...

Victor Yong Dah mau datang, sabar je :)

Green Packet in tie-up with Tencent to provide e-KYC | The Star
14 May 2020 · PETALING JAYA: Green Packet Bhd and China's Tencent Holdings Ltd have inked an agreement to leverage on Tencent Cloud to ...

Green Packet partners Tencent Cloud for e-KYC offering | The Star
14 May 2020 · Green Packet's unit KiplePay Sdn Bhd will leverage on Tencent Cloud's facial recognition and machine learning capabilities to build a ...

Tencent to partner Green Packet for cloud services | KLSE Screener
13 Jun 2020 · GREEN Packet Bhd has secured Tencent as the tech partner for the roll-out of their cloud services in Malaysia, according to sources.

Green Packet's Kiplepay teams up with Tencent Cloud to provide e-KYC services ...
13 May 2020 · Green Packet Bhd's wholly- owned unit Kiplepay Sdn Bhd signed an agreement with the cloud computing arm of Chinese technology ...

Green Packet hits daily upper limit on digital banking speculation | The Edge Markets
18 May 2020 · In an earlier announcement, Green Packet said its KipleID e-KYC will deploy Tencent's patented solutions, which can assist banks and ...

Green Packet:
KipleID e KYC
Tencent eKYC
Tencent Cloud

CC Puan - Posts | Facebook
Excited because Green Packet Berhad is going to start a new journey with Tencent Cloud. Thrilled because our KipleID e-KYC solution that leverages ...

Chinese telco group to partner with Green Packet and XOX to roll out 5G?
20 May 2020 · Green Packet's KiplePay had recently signed an agreement with Tencent Holdings which will allow them to tap on Tencent Cloud .
26/06/2020 9:22 AM

Harta... how to be an asset... although the name is called harta...
keep dropping....

Harta --- see you soon at 7
so worry...

Tenaga each day drop bit by bit...
Bit by bit drop
Very soon... Tenaga will be 10

if we go back to Mar time frame that type of situation...
Tenaga will be 9 or 8...

What to do then ...
Run run run

Cropsickle I sold off my Tenaga weeks ago because investors refuse to recognise its fair value above RM12.
Tenaga recent QR suffered decreased performance against the corresponding quarter not because of a significant drop in operating profit but because of big forex losses.
2019 March operating profit: 2,505.9k
2020 March operating profit: 2,223.8k

2019 March Forex gain: 263.5k
2020 March Forex (loss): (388k)
26/06/2020 11:33 AM

Cropsickle : Thank you for sharing.
Like you I also sold off Tenaga already....

menort The Board of Directors of AT Systematization Berhad is pleased to announce that the Company had on 15 June 2020 incorporated a new wholly owned subsidiary, AT Glove Engineering Sdn. Bhd.

Please refer to the attached announcement for further details.

The anouncement is dated 15 June 2020.

If the acquisition of Pearl Glove complete this will be the cheapest glove counter.
26/06/2020 9:59 AM

Thank you Menort for updating us.
If AT incorporated a new wholly owned subsidiary- AT Glove Engineering, that means AT are serious upon acquiring Pear Glove. ( if not what for go through the hassle of setting up a new subsidiary which needs a lot of paperwork, and government procedures).

Once Pearl Glove is acquire & completed the paperwork, very easy to convert Pearl Glove to medical Glove...
Should we be seeing at least 0.5 for AT ?
Think about that...

Thank you Menort...for sharing.

Genm drop drop drop
How not to drop.

Genm already cut pay and cut employees...
What else there is to cut..
Business needs some time to recover
not so soon...

The other thing left to cut is the price drop.
Drop a little bit each day...

Would it drop back to Mar time of 1.9 ?
Let see how it goes...

Yes... everyday drop a bit...
this week drop less than 1.4.
next week drop less than 1.3
next next week drop less than 1.2

Then what next...
run run run

Gpacket ...0.545.
CC Puan... what is your plan...
CC Puan... you intend to let Gpacket drop to the next level 0.4..
CC Puan .... or you intent to let Gpacket drop to the next next level 0.3...

Would Gpacket be seeing 0.2 soon ?
Think about that !

Myeg at least hopefully you still have at 1 and not 0.77

Myeg... today see you still at 1.42
tomorrow Friday... wonder shall see you at 1.24 or 1.37 or worse see you at 1.16
see how tomorrow comes..

Future dropping ..
Tomorrow Friday...
Bye Bye Axiata at 3.4.

Axiata tomorrow see you at 3.0, and hopefully you will not get to 2.0

future dropping..
300 points downwards...
Tomorrow Friday...
Genm ... next 2 Qtr coming... where to have profit...
Worry woryy.

EPF selling Takaful...
I am also following EPF...
Takaful... see you next at 2.5

waterfall....

Thanks for alerting GooShen.
If you have profit, take profit first..
then see how

GooShen Yesterday many dumb crab in cage woh!!!! Trap big big !!!
Dow Jones crash 700points, drop down to 5.00 is conform already, hahahah !!!
Only me excellent GooShen know sell high buy low. Proven I am excellent GooShen!!
25/06/2020 8:19 AM

Scary Gooshen...
Tomorrow is Friday... no scary
Future dropping 300 ++