GREEN PACKET BHD

KLSE (MYR): GPACKET (0082)

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Last Price

0.035

Today's Change

0.00 (0.00%)

Day's Change

0.035 - 0.035

Trading Volume

130,000


31 people like this.

24,898 comment(s). Last comment by Zrenxy 6 days ago

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-17 10:04 | Report Abuse

Another round of dust and dry leave dropping.

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-17 10:14 | Report Abuse

Once dust and dry leave settle. Then can go higher.

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-04-17 16:06 | Report Abuse

Totally Boring.

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-19 15:30 | Report Abuse

Coming soon

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-19 15:55 | Report Abuse

Good support at 34 sen.

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-19 16:02 | Report Abuse

Boss collecting at 34 sen.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-19 16:19 | Report Abuse

quah well informed

SHQuah > Apr 14, 2017 04:01 PM | Report Abuse

YEN GLOBAL BERHAD TO G3 GLOBAL BERHAD
The begin of IOT as Gpacket is the major shareholder of G3

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-19 16:27 | Report Abuse

A lot of buyer now at 34 sen. Coming soon

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-19 16:34 | Report Abuse

Boss keep collecting at 34 sen......good news.

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-19 16:36 | Report Abuse

turnaround play can be very profitable.

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-20 09:59 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5400701

PROPOSED RENEWAL OF AUTHORITY TO PURCHASE ITS OWN SHARES BY THE COMPANY

coecoe

150 posts

Posted by coecoe > 2017-04-20 10:37 | Report Abuse

The company is clearly positive over her future so expect a couple of nice quarters

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-20 12:49 | Report Abuse

http://klse.i3investor.com/blogs/kianweiaritcles/121129.jsp

RHB - short term TP 38 sen

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-20 13:45 | Report Abuse

Mid term - 50 sen
Long Term - RM1.00

BigPro

688 posts

Posted by BigPro > 2017-04-20 17:13 | Report Abuse

Nice closing, hope tomorrow will break the 52 week high...

stockcode

221 posts

Posted by stockcode > 2017-04-21 09:24 | Report Abuse

Today is Fryday. :D

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-21 09:29 | Report Abuse

With more share buy back by company meaning less shares in open market.
Killing off all contra player.
Good for Gpacket.

stockcode

221 posts

Posted by stockcode > 2017-04-21 09:40 | Report Abuse

50c is doable

coecoe

150 posts

Posted by coecoe > 2017-04-21 09:40 | Report Abuse

The short term 38 could be reached already today

tomwah

1,599 posts

Posted by tomwah > 2017-04-21 09:51 | Report Abuse

hi everyone prof,,, enjoys the trade

tomwah

1,599 posts

Posted by tomwah > 2017-04-21 09:52 | Report Abuse

strong confident .40 to be afternoon breaked

tomwah

1,599 posts

Posted by tomwah > 2017-04-21 09:56 | Report Abuse

maybank up /gpacket up

TrippleZ

1,563 posts

Posted by TrippleZ > 2017-04-21 10:40 | Report Abuse

Not yet. My position haven't cleared. Queuing. T2

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-21 10:40 | Report Abuse

The bosses is serious doing business and concentrate on IOT.

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-04-21 15:03 | Report Abuse

Buying rate high and strong.

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-04-21 16:57 | Report Abuse

Wow!! Closed at 0.37 today. So amazing!!

TrippleZ

1,563 posts

Posted by TrippleZ > 2017-04-21 16:59 | Report Abuse

37sen sold. Happy holiday trades. hihi

SHQuah

5,363 posts

Posted by SHQuah > 2017-04-25 08:28 | Report Abuse

PETALING JAYA: Mobile broadband and networking solutions provider Green Packet Bhd’s back-to-the-basics strategy appears to be paying off.
The company, which returned to the black in the third quarter of the financial year ended Dec 31, 2016 (FY16) after years of bleeding red ink, had two years ago refocused its efforts on beefing up its original operations, namely, the solutions and communications segments.
At about the same time, it sold off to Telekom Malaysia Bhd its controlling stake in Packet One Networks (M) Sdn Bhd (now rebranded as webe) where its broadband business was parked.
Now the firm, which for the longest time was punished by investors for its decision to go into the heavy-capital expenditure broadband business service in 2008, appears to have finally regained some favour. It has also gained traction among institutional investors.
Last month, Green Packet managed to place out 10% of its issued and paid-up capital to institutional investors, something that it had not done in at least the past five years.
“We want to change our investor profile to majority institutional now that we’re back to profitability,“ chief executive officer Kay Tan told StarBiz.
Green Packet’s stock, in the meantime, is up more than 28% since the beginning of the year.
It last closed at 37 sen, giving the company a market capitalisation of RM280mil.
While Tan declined to name the institutional investors which participated in the recent placement exercise, it is understood that they included firms like Hong Leong Assurance Bhd and United Overseas Bank.
Currently, the single largest shareholder in Green Packet remains the company’s founder Puan Chan Cheong, better known as CC Puan, who has a 30% stake.
Institutional investors, typically large, stable firms that tend to give the market some confidence about a particular stock, collectively hold a 20% stake in Green Packet.
“We are talking to more of such institutional funds,” Tan said.
He said moving forward, Green Packet’s focus would continue to be on growing its bread-and-butter businesses of solutions and communications.
The solutions business, which supplies 4G long-term evolution (LTE) connectivity devices to global telecom companies, is enjoying a boom market with sustained accelerated growth of LTE network deployments globally, according to him.
To ensure continued growth for the solutions business, the company has identified specific high-potential markets, where it builds a direct sales presence and establishes partnerships that will help it penetrate these markets more effectively, he added.
For its communications pillar, Tan claims that Green Packet is amongst the fastest growing in South-East Asia with over 100 million minutes in monthly voice traffic and 250 clients in 30 countries.
“Quick wins on this front include adding data on top of wholesale voice to grow the business without expensing much additional resources.”
In its report on small and mid-cap companies issued to clients last week, Kenanga Research said the two core businesses of Green Packet - solutions and communications - are expected to record an organic growth of about 5% to 10% in FY17 with insignificant contributions from the Internet of things and fintech divisions, which are two fairly new segments that Green Packet has ventured into.
“Nevertheless, in view of the current technology trends, Green Packet expects the two new segments to bear fruit in FY18 and contribute 20% to 30% to its earnings,” the research house said.
Cautioning investors on possible delays in the rollout of Green Packet’s new products and expansion plans, Kenanga pointed out that the company was currently trading at a historical core FY16 price earnings ratio (PER) of 18.3 times.
“Moving forward, expecting an organic growth of 5% to 10% coupled with sustainable margins, Green Packet could potentially record around RM15mil in net profit in FY17 followed by RM18mil to RM20mil a year later, implying forward PERs of 12.9 times to 17.2 times.”
For FY16, Green Packet’s net profit stood at RM71.47mil, but this was mainly helped by extraordinary gains.
Green Packet, which is in a net cash position of over RM80mil, was recently selected as one of RHB Research Institute’s 25 top Malaysian small-cap jewels.

Posted by small_investor > 2017-04-25 08:46 | Report Abuse

CC Puan and IB hold 40 -50%.. medium term very high chance will got above 0.5 .. depend on the Q1 report ...

pooter

72 posts

Posted by pooter > 2017-04-25 09:11 | Report Abuse

Fark me man... I sold too early

Kristal

50 posts

Posted by Kristal > 2017-04-25 09:18 | Report Abuse

TRENDING UP.............40CTS

Surewin123

12,594 posts

Posted by Surewin123 > 2017-04-25 09:34 | Report Abuse

feeling kena trapped. i enter 395 straight away drop.

stockcode

221 posts

Posted by stockcode > 2017-04-25 09:35 | Report Abuse

sold 395, terima kasih

stockcode

221 posts

Posted by stockcode > 2017-04-25 09:39 | Report Abuse

today sure break 40c hmm

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-04-25 10:22 | Report Abuse

Banyak good news wor

Surewin123

12,594 posts

Posted by Surewin123 > 2017-04-25 11:51 | Report Abuse

wah, somebody on 1million on 0.395.

bkyc_mark

40 posts

Posted by bkyc_mark > 2017-04-25 12:15 | Report Abuse

buying queue is building up...

Surewin123

12,594 posts

Posted by Surewin123 > 2017-04-25 12:26 | Report Abuse

no one tries to buy at 0.4.....hmm?

tomwah

1,599 posts

Posted by tomwah > 2017-04-25 13:26 | Report Abuse

trgt soon very soon ...40

tomwah

1,599 posts

Posted by tomwah > 2017-04-25 13:27 | Report Abuse

strong confident .40

BigPro

688 posts

Posted by BigPro > 2017-04-25 14:03 | Report Abuse

Mid term TP 50 sen will reach very soon.
Long Term RM1.00 after that - by Q3/Q4 this year...

CharlieSim

1,254 posts

Posted by CharlieSim > 2017-04-25 15:06 | Report Abuse

lets see it will test 50 this week! lol

Surewin123

12,594 posts

Posted by Surewin123 > 2017-04-25 16:27 | Report Abuse

gpacket engine start

tomwah

1,599 posts

Posted by tomwah > 2017-04-25 16:40 | Report Abuse

enyoys the trade

tomwah

1,599 posts

Posted by tomwah > 2017-04-25 16:44 | Report Abuse

cheer ....everyone

stockmanmy

6,977 posts

Posted by stockmanmy > 2017-04-25 16:45 | Report Abuse

Gpacket got good turnaround story

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