So now we know that the big volume is coming from the Director themself so will omit Scenario no.1

Now Scenario 2 have to change a bit become: the purpose of the disposal is to transfer or "fulfill the requirement" of the M&A.

Scenario 3 still maintain but now know that "someone" is Puan CC.

If in the coming days, no big institutional announce that they have become minority shareholder of GP then Scenario 3 are confirmed and the risk no.3 that I mention in previous few comment maybe come true; that maybe he want to pack his bag and move on.

Just sharing my thought process but will continue to ride this broken ship to wherever it will bring me :D

TailWagsDog: It's true that the asset is very valuable "now" so if GP still cant find a way to profit from it then maybe in a year or two the "asset" will become less valuable as technology keep on improving. Now with the options of using many low spectrum bandwidth to replace the need of high spectrum bandwidth. (mention in this forum months ago and also come out of the newspaper) if want I can try search the article. and now with the development of 5G in South Korea (I know Malaysia still far behind) but who know later government policy will usher in the technology.

arv18: ya GP didnt own 100% P1 but if the price/rental is right then 55% still means a lot for a dying company. agreed with you about other better stock, just that I havent reach there.

ya. I was shock when first time I see the 10year chart for GP. Really bad last time. and for this ESCeram, currently I wouldnt buy in cause liquidity is one of my main concern but the financial for this year is improving (I havent look into the detail inside yet) but who know in the next few month I will buy in :)

Thanks arv18. Currently, I use FA and news(not rumor) to consider to buy in a stock. Then seeing the TA to know when to go in and out.

I try to diversify my portfolio and GP is in my "high risk maybe high return" part of my portfolio which is account less than 20%.

Slowly I will spread out to look for other potential counter but we all know that time is always our enemy.

Disclaimer: Above comment is not signal for buy or sell. I myself have 350lots GP share and not planning to load or unload at the moment. Now sitting there and enjoy the drama unfold. Well for good or worse.

I’m giving my 2cent on this stock and hope that any sifu can enlighten me with any new idea or thinking. I’m new to stock market (just 4month exp) and GPacket is my 2nd stock purchased at a high price of 0.57(average).

So I been monitoring this stock for quite a while but starting from last week the buying pressure is ok with good volume to break the 0.51 barrier. After climb for 3day from 0.46 to 0.505, one would expected that it will drop back to 0.45 (3rd cycle) but as the price drop the buying is getting more stronger and closing for the week 0.495

Beginning this week due to DOW enormous plunge, almost all KLCI counter took a hit. On that day 27/01, GP drop with very massive volume but still the buying % still over 70 (who in the right mind will buy in???? I wonder). Then the next day 28/01, the news on a “possible M&A” comes out at TheStar. Hence, the people buying in should be a big whale or ppl interested in GP business.

Then the big puzzle comes when after an hour trading on the 28/01. We see big volume keep throwing to push the price down (with many ppl I saw stuck at 0.465). And this movement keep going until now and I feel that I will continue well till tomorrow before closing for CNY.

But what curious me is that buying percentage for 28/01 around 78% and as of now 74% with buying price at 0.455. Normally with BIG volume we will see price shoot up or down drastically. But this few days only maintaining there and this is led to few scenario:
1) A and B selling to each at “controlled” price and in between eat the “not so certain of GP future holder” share. (and maybe have other groups C, D, E, F etc….) This is possible because they already have loads of GP share collected from last week till 27/01 or even before last week.
2) Got “someone” or company want to lower down the price for GPacket to get a better negotiation deal on the ongoing M&A. Well GPacket now don’t have any money to support its own price so the price fate is on the “big willy” (I mean whale ok, not that willy).
3) The favourite scenario: Someone trying to offload “bad” GP share to the small fry, small fish, sucker, speculating idiot on the possible M&A news. (well I’m one of the speculating 1diot)

My stupid speculation for the M&A is soonest will be after CNY. If not around the quarter report coming out and last date is near closing on the financial year (middle of the year). If all not, then going PN17 or Puan CC put out a miracles.
The positives (yaya speculation speculation):
1) GP have sold the building for RM49mil so see what they will do with the newfound wealth.
2) GP will and need to think of someway to stay competitive because who will want to build a lousy company.
3) Puan CC has made many drastic changes to “improve” GP situation as reflected in the quarter report.
4) This year and next, Government have give green light for enhancement to telecommunication sector. Overall will help GP a bit.

So now about the risks:
1) The longer the M&A didn’t materialise, the short term player will be burn as the whale have more time to “control” the price wave.
2) If M&A didn’t happened, long term holder will lick their wound and fight another day.
3) Puan CC pack his bag and move on to his other project.

Is there any sifu that have encounter or known situation like this happened before or maybe GP will become a classic case study for the future.

http://www.thestar.com.my/Business/Business-News/2014/01/28/P1-closer-to-MA-deal-TM-is-also-strong-contender-for-controlling-stake-in-the-company/

http://www.btimes.com.my/Current_News/BTIMES/articles/SCOMINEW/Article/

@ahbeng77 thanks. will do. just wanna ask before when should we receive the form.

anyone holding till rights entitlement? cause I wanna ask on the procedure to take up the rights (this is my first time involve in entitlement) Thank you.

http://www.thestar.com.my/Business/Business-News/2013/11/15/Petronas-Awards-US$31bil-In-Offshore-Jobs-To-Local-Firms.aspx

http://www.btimes.com.my/Current_News/BTIMES/articles/20131107000109/Article/index_html#ixzz2jtXDRYzl

http://www.thestar.com.my/Business/Business-News/2013/11/01/Malaysia-Pacific-Corp-plans-to-sell-RM320m-Wisma-MPL.aspx