GREEN PACKET BHD

KLSE (MYR): GPACKET (0082)

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Last Price

0.035

Today's Change

+0.005 (16.67%)

Day's Change

0.03 - 0.035

Trading Volume

939,000


31 people like this.

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

SHQuah

5,363 posts

Posted by SHQuah > 2017-07-25 08:47 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5494837

Pursuant to Paragraph 9.19(23) of the Main Market Listing Requirement of Bursa Malaysia Securities Berhad, the Company wishes to announce that its wholly-owned subsidiary, Next Telecommunications Sdn Bhd has incorporated a subsidiary, Vivohub Mobile Pte Ltd (“Vivohub”) in Singapore on 21 July 2017 governed by Singapore Companies Act (Chapter 50). The Certificate of Incorporation of Vivohub dated 21 July 2017 was received on 24 July 2017.

The initial issued shares of Vivohub would be SGD100,000/- divided into 100,000 new ordinary shares and its principal activities are as follows:

Mobile cellular and other wireless telecommunications network operation; and
Retail sale of handphones and other telecommunications apparatus.
Next Telecommunications Sdn Bhd shall subscribe for 60% equity interest in Vivohub while the balance 40% to an individual and an entity.

RX350

1,968 posts

Posted by RX350 > 2017-07-25 09:48 | Report Abuse

going up soon, stay tuned!~~~

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-07-26 09:49 | Report Abuse

When result out?

RX350

1,968 posts

Posted by RX350 > 2017-07-26 10:10 | Report Abuse

should be end of August

RX350

1,968 posts

Posted by RX350 > 2017-07-26 13:01 | Report Abuse

I think it should be better results if compared to last quarter.........

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-07-26 19:22 | Report Abuse

Tiap tiap haru turun.. hope can get a best price.

RX350

1,968 posts

Posted by RX350 > 2017-07-27 15:40 | Report Abuse

Buy now!!

tomwah

1,599 posts

Posted by tomwah > 2017-07-27 15:41 | Report Abuse

only waiting for shooting up soon

Kristal

50 posts

Posted by Kristal > 2017-07-27 19:14 | Report Abuse

klse.i3investor.com/m/blog/bfm_podcast/128659.jsp

RX350

1,968 posts

Posted by RX350 > 2017-07-28 15:19 | Report Abuse

Manage to reload some at 0.345, stay tuned!!

nickfcng

143 posts

Posted by nickfcng > 2017-07-28 19:09 | Report Abuse

Been holding about 10 years. How long more?

Posted by small_investor > 2017-07-31 11:28 | Report Abuse

GPacket will be stock of the year !!.. TP . RM 1.00

Posted by Dexter150185 > 2017-07-31 14:16 | Report Abuse

Whats good price to queue?

RX350

1,968 posts

Posted by RX350 > 2017-07-31 15:37 | Report Abuse

collecting more

Posted by Dexter150185 > 2017-07-31 17:43 | Report Abuse

Whats the tp ?

Posted by Dexter150185 > 2017-07-31 21:26 | Report Abuse

How's the next results expected to perform ? Pls advice

TomyamGong

4,156 posts

Posted by TomyamGong > 2017-08-02 10:24 | Report Abuse

Down a bit.. I want to buy

RX350

1,968 posts

Posted by RX350 > 2017-08-02 10:53 | Report Abuse

buy!!

beroh

15 posts

Posted by beroh > 2017-08-02 16:34 | Report Abuse

Any indicative TP ?

coecoe

150 posts

Posted by coecoe > 2017-08-02 19:15 | Report Abuse

Rm 1

RX350

1,968 posts

Posted by RX350 > 2017-08-03 10:15 | Report Abuse

short term 0.43

Octopus

549 posts

Posted by Octopus > 2017-08-03 11:41 | Report Abuse

seat belt ready.. time matter to fly.. mid term TP 0.70 for my portfolio..

Octopus

549 posts

Posted by Octopus > 2017-08-03 12:16 | Report Abuse

two months..

RX350

1,968 posts

Posted by RX350 > 2017-08-04 11:30 | Report Abuse

funny, the sell block @ 0.36 yesterday is clear today.........

RX350

1,968 posts

Posted by RX350 > 2017-08-04 11:50 | Report Abuse

Agree, hold tight!!

SHQuah

5,363 posts

Posted by SHQuah > 2017-08-05 10:27 | Report Abuse

Green Packet an emerging fintech play
Mobile payment solutions identified as growth engine
Communication and technology services company Green Packet Bhd is eyeing an expansion into a new growth area - the mobile payment solutions segment, an area poised for disruptions through technology.
Over the past few years, Malaysians are increasingly embracing e-payments, notably following the greater adoption of smartphones and the introduction of more mobile-based payment platforms.
According to the 2016 Visa Consumer Payment Attitudes survey, 74% of Malaysians prefer to make electronic payments instead of cash, an increase of 8% compared with 2015. In fact, Visa indicated in a separate study that seven in ten Malaysians are willing to use mobile wallets.
Green Packet, which returned to the black in 2016 after financially bleeding since 2008, has jumped onto the promising mobile payments bandwagon by acquiring payment solutions providers since late last year.
To date, it has invested up to RM13mil in its pursuit to penetrate into this segment
Moving forward, in the next three years, Green Packet aims to record 10% of top line contribution from this business.
The company made its maiden foray into the mobile payment solutions segment earlier this year, after it completed the acquisition of an 80% stake in e-payment firm WebOnline Dot Com Sdn Bhd for RM9mil, via its wholly-owned subsidiary Packet Interactive Sdn Bhd.
WebOnline operates a payment gateway and e-wallet service under the brand Webcash.
Subsequently, Green Packet piloted its very own Kiple application that functions as an e-wallet for offline payments powered by Webonline.
Two week ago, Green Packet added another firm to its portfolio, following the takeover of mobile application developer Mobiduu Solutions Sdn Bhd for RM4mil. The latest acquisition enables Green Packet to provide an end to end solution for its services, as Mobiduu has developed a proven and ready m-commerce and loyalty platform.
The company’s new investment strategy seems to bode well for the investors, as Green Packet’s share price has risen significantly by 28.57% to 36 sen year-to-date.
In a reply to StarBizWeek, Green Packet chief executive officer Kay Tan says it is high time for the group to tap into the booming demand for e-payment services.
“We started looking at the mobile payment solutions space since the fourth quarter of 2016. With Webcash, Kiple and Mobiduu, we are integrating the various solutions into one integrated technology platform to offer a complete solution with the mobile first front-end, e-wallet and a payment gateway back-end.

“This gives the end user a complete experience and our potential business partners an integrated and simple go to market proposition,” says Tan.
The Main Market-listed communications and technology services company has a market capitalisation of approximately RM274.1mil, with a price-earnings ratio of 5.32 times.
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.
Green Packet streamlined its loss-making business strategy back in 2014, after it partially disposed its stake in the cash-burning wireless mobile operator Packet One Networks (M) Sdn Bhd (now known as webe) to Telekom Malaysia Bhd.
At about the same time, Green Packet refocused its efforts on beefing up its operations. Following the internal reorganisation, the company’s core competencies centre around four key pillars namely solutions, communications, Internet of Things (IoT) and e-services platform.

Read more at http://www.thestar.com.my/business/business-news/2017/08/05/green-packet-an-emerging-fintech-play/#blHsydDVL2WPD5Ad.99

RX350

1,968 posts

Posted by RX350 > 2017-08-05 22:46 | Report Abuse

Good, hopefully next week can break 0.375

Kristal

50 posts

Posted by Kristal > 2017-08-07 09:19 | Report Abuse

0.37

Kristal

50 posts

Posted by Kristal > 2017-08-07 09:20 | Report Abuse

now 0.375

RX350

1,968 posts

Posted by RX350 > 2017-08-07 15:10 | Report Abuse

Good, today can break 0.375!!

Octopus

549 posts

Posted by Octopus > 2017-08-07 15:24 | Report Abuse

it will touch 0.385 this week, 0.375 is this week support

BigPro

688 posts

Posted by BigPro > 2017-08-08 11:02 | Report Abuse

Why suddenly drop..?

RX350

1,968 posts

Posted by RX350 > 2017-08-08 12:55 | Report Abuse

Is time to collect!!

SHQuah

5,363 posts

Posted by SHQuah > 2017-08-08 14:05 | Report Abuse

http://www.thestar.com.my/metro/smebiz/news/2017/08/07/alipay-wechat-pay-vie-for-customers/

Green Packet is a step closer and hopefully going to be the next Alipay and WeChar pay in Malaysia.

RX350

1,968 posts

Posted by RX350 > 2017-08-09 10:15 | Report Abuse

0.35 is the current support for this week.........

Pak Andak

896 posts

Posted by Pak Andak > 2017-08-10 08:42 | Report Abuse

thats also consider a good news already

RX350

1,968 posts

Posted by RX350 > 2017-08-12 10:26 | Report Abuse

I feel good Gpacket still can sustained at 0.35.........

RX350

1,968 posts

Posted by RX350 > 2017-08-15 10:18 | Report Abuse

A very good quarterly results is expected!!!

SHQuah

5,363 posts

Posted by SHQuah > 2017-08-16 08:04 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/08/15/public-bank-partners-alipay-to-offer-mobile-wallet-services/

Green Packet chief executive officer Kay Tan - there are so many other bank, please go and get them using Gpacket e payment or mobile wallets.

RX350

1,968 posts

Posted by RX350 > 2017-08-16 14:36 | Report Abuse

SHQUAH, their announcement still pending, stay tuned!!

johortiger

239 posts

Posted by johortiger > 2017-08-17 11:53 |

Post removed.Why?

SHQuah

5,363 posts

Posted by SHQuah > 2017-08-18 16:17 | Report Abuse

Puan Chan Cheong.......we need you to support Gpacket share price.

SHQuah

5,363 posts

Posted by SHQuah > 2017-08-18 16:23 | Report Abuse

Gpacket share price has been going down from a high of 45 sen to 34 sen now ?
Puan Chan Cheong......please do something.

SHQuah

5,363 posts

Posted by SHQuah > 2017-08-18 16:27 | Report Abuse

If by end of the year Green Packet still cannot make profit, then CEO Kay Tan should step down and let CC Puan take over.

nonames

17 posts

Posted by nonames > 2017-08-18 22:48 | Report Abuse

Coming quarter high chance will profit (after sold the loss making company). tp 0.60

nonames

17 posts

Posted by nonames > 2017-08-18 22:51 | Report Abuse

30 Aug 2016 31 Dec 2016 2 30 Jun 2016 77,535 -32,196 -32,744,000

Seabiscuit

238 posts

Posted by Seabiscuit > 2017-08-19 22:34 | Report Abuse

GP share price so weak with so many sellers at all levels!!!! Does this prelude to a not so encouraging 2nd quarter result???

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