Hi folks,
I am Mr Business, previously very active in Cari Chinese Forum.
I would like to know your opinion if you think there will be Steel Theme in Malaysia or not.
Personally, I think Steel Theme is here in Malaysia, albert in beginning stage.

Reasons?
China will reduce steel output to reduce carbon emissions.
China will reduce steel export.
China does not want to export cheap steel anymore.
USA Biden’s infrastructure plan.

Then why the steel counters’ price is not increasing?
Factory closed because of MCO.
Extreme political instability (very fragile government).
The funds are not buying.

PS: This is not sell or buy recommendation. You are in charge of your own investment decision.

https://legacy.trade.gov/steel/countries/pdfs/imports-us.pdf

@stockraider
China reduces steel export, USA need more steel. Global steel demand increase --> global steel price rise together.

...The construction costs had increased mainly due to higher steel prices following a global supply shortage... -> Rising steel price is the global trend





……Fintec said RM18.6 million of the proceeds will be used for the construction of the glove factory. The construction costs had increased mainly due to higher steel prices following a global supply shortage, and the expansion to a larger factory built-up area from 10,000 square metres to 20,450 square metres……
https://www.theedgemarkets.com/article/fintec-global-proposes-private-placement-fund-construction-glove-factory

I do not believe i3 has the influence to push up share price la..

Personally, I believe steel is the theme which is happening right in front of us.

I watched Taiwan tv investment program. In Taiwan, when the steel price increases, the first batch of people to buy steel stocks are the industry insiders (construction companies, traders, hardware shop owners). I wonder if it is the same here..

If you want to buy steel counter, you should consider Hiaptek because its volume is big among steel counters.

All housing projects are allowed to operate


https://www.enanyang.my/%E8%A6%81%E9%97%BB/%E6%88%BF%E6%94%BF%E9%83%A8%E5%B1%8B%E4%B8%9A%E5%8F%91%E5%B1%95%E9%A2%86%E5%9F%9F%E5%87%86%E5%A4%8D%E4%B8%9A

@joy12345,
You buy or you you do not buy. Do not need to talk bad. Die Die Die!

@joyd12345,

Please be considerate of people's feeling when you give comment. How you and your family will feel when someone curse you "Die die die"? Ha...

Please be considerate of people's feeling when you give comment. How you and your family will feel when someone curse you "Die die die"? Ha...

2 more weeks whole Malaysia will enter National Recovery Plan (PPN) Phase Two, and all steel factories will be allowed to operate :)

Hi Mr Ooi, I am one of your subscribers. I respect you :)

@Mr Rishi, why you said Green Packet got Silterra. There is no announcement regarding it. Could you please elaborate? Thanks

https://www.theedgemarkets.com/article/cover-story-trials-tribulations-and-triumphs

大马科技强人潘振祥 分享20年来心路历程
https://www.chinapress.com.my/?p=2294486

Hi all, go check it at http://greenpacketdigitalday.com/

GP displays its name side by side with Tencent Cloud!

@aiesecer Digital Day

The event is on 18/08/2020. The minister will attend the event. If there is any agreement signed between GP and TC, it will be before the minister. Originally the event is on 19/08//2020 but moved to 18th to accommodate the Minister

@Wolfidea, do not confuse other if you do not have accurate information

Event date: 18/08/2020
Location: KL Hilton
Science Minister (Khary) will attend
If interested, can apply for invitations (offline or online). I applied online/virtual participation.

@Joseph2020，
great sharing. Thanks :)

For payment gateway, competitors of GP are PayPal, ipay88, senangpay..etc

Ok, we are now officially Payment Gateway merchant of GP....Every transaction thru GP's payment gateway need to pay a small fee to GP. The reason we want to apply payment gateway is because of the pandemic and MCO, that is the new norm and digitization. GP will certainly benefit from digitization...

I am quite confident that GP will get license for digital bank. The digital bank is to reach and serve the underserved. Now what is GP doing for the universities, Malay small traders and primary schools is exactly serving the underserved. In another word is they are building a presentation case for Bank Negara.

I think it is good that someone is willing to fork out RM52 Million to invest in GP. Now GP has the money to develop its cloud computing business.Positive development indeed.

Wow, 10% private placement (100 Million share) successful at RM0.52 and will be listed on 13/07/2020..
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3067522

The 500 machine sponsorship is for the Chinese primary schools. I do not think the students will spend much on the e-wallets (I do not think they are allowed to use hand phones at schools). So the sponsorship is more for CSR and publicity.

Actually the Chinese community leader who signed the agreement with GP, is the big boss of FIVE petrol stations.

https://www.chinapress.com.my/?p=2107893

@ SpartanFury, better do not predict and let the profit run. Can set a 止利点 after the share price start to drop.

I think it is insider move/news

@ Stock Wizard, never buy a company if it will make you unhappy!

I am very happy :)

Finally...

https://ringgitplus.com/en/blog/apps/setel-upgrades-its-e-wallet-size-from-rm200-to-rm500-after-obtaining-its-own-e-money-license.html

https://www.soyacincau.com/2020/06/02/setel-has-upgraded-its-ewallet-size-to-rm500/

@Mainstreet, I am Setel user. Setel is not longer working with Kiple. Setel has own e-wallet company.

If China investor took the shares, there must be some insider movement reflected on the share price.

Kendall Fund may sell their shares to several parties, so no new substantial shareholders.

They may use several different account (in different names) to hold share <5%, hence announcement is not needed.

If there are China investor, there should be positive movement on the share price.

Private Placement at RM0.52 in my opinion is positive development.

Re-entry at 0.535, hope the positive trend can remain.

Well said Mr Agjl

To icst1975,
I remembered that CC Puan or his management mentioned in an interview that GP spent RM1.5 Million in recent media campaign.

Just found out that the agreement GP signed with Dong Zong (to install KipleLive thermal scanners in 63 independent Chinese secondary schools nationwide) is GP sponsoring one thermal scanner at each school with FREE 2 years' service fee.

To me, it is good that GP could contribute to society...

If there are China investors, price should move positively (due to insider info). Hmmm

Agjl..... Agreed.

Private Placement is GP directly issue 10% share to certain investor, not related to warrant at all.

I think the company purchase is part of strategy of GP to show or convince Bank Negara that GP should receive a license of Digital Bank.

However GP won’t apply for Digital Bank by itself. It will form a consortium to submit application.

There’s comment that hope GP will distribute share of G3 to all shareholders. I will say it is not possible because GP will want to have management control or influence over G3, hence share distribution is not possible.

GP is doing 10% private placement. GP just did a round of rights issue in 2018, I do not think another round of rights issue is possible for now.

If GP rise very high in future, then another round of rights issue is possible.

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E3%80%90%E7%8B%AC%E5%AE%B6%E8%A7%86%E9%A2%91%E3%80%91%E6%96%B0%E5%B8%B8%E6%80%81%E9%9C%80%E6%96%B0%E9%87%91%E8%9E%8D%E6%9C%8D%E5%8A%A1%E6%A8%A1%E5%BC%8F-%E6%95%B0%E5%AD%97%E9%93%B6%E8%A1%8C%E7%96%AB%E5%90%8E%E6%96%B0%E7%8E%8B%E7%89%8C

I think price will continue to be stagnant or decrease without actual confirmation of Tencent to invest in GP.