cc puan....be ready to answer to the long list of questions that's already prepared and will be raised by a group of gpacket loyal shareholders at egm on 7/8/14...They want you to answer why were you betrayed them by selling p1 cheaply to your competitor that resulted in sharp dropped in gpacket share price. Didn't you say before you won't sell p1 for less than 1.5b?
GPB’s group managing director, Puan Chan Cheong, said the strong shareholder support received today at the extraordinary meeting set a clear path for P1 to grow to its fullest potential and realise its future business plan and LTE transition.
“Green Packet will benefit from P1’s direct entry into the mobile market which instantaneously grows P1’s addressable market size to RM34.5 billion, a four times growth,” Puan said. – Bernama
This is a heavy gearing investment business, now with cash rich company TM support, P1 can go full force on its expansion plan. Also Green Packet Bhd has decided to withdraw its appeal against a court ruling which ordered it to pay RM60 million, as this has now become a small sum to pay , so that the company director can fully focus on company growth......
Green Packet Solutions will aggressively ramp up its LTE device portfolio to cater to growing global demands while the group's communication services, NGT Networks will invest to grow connectivity routes to more countries.
"LTE telcos buying from us grew over 360% from 2013 to date, ramping up our product portfolio will enable us to grow even more rapidly. Compared with WiMAX, we will begin to gain access to Tier-1 telcos which are in favor of LTE.
"Achieving growth for the communications pillar is straightforward; establishing new routes for NGT Networks will naturally grow traffic volume and revenue," said its group COO Kay Tan.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
BumbleBee
602 posts
Posted by BumbleBee > 2014-07-22 23:41 | Report Abuse
Slow steady up good