Posted by Seabiscuit > 2017-08-19 22:39 | Report Abuse

What say you SH Quah?? Anyone??

Posted by SHQuah > 2017-08-20 10:57 | Report Abuse

Gpacket has many good plan but can only fully implement next year. A lot of project start recently.
I don't expect Q2'17 result good.
But at current price is already low, how low can it go ?
They need to PUSH harder and Faster in all projects.

Posted by Seabiscuit > 2017-08-20 19:15 | Report Abuse

Thanks SHQuah. As long as no more burning of cash and no accounting for P1 in future financial reporting. GP share price should inch up close to. 40 cents level.

Posted by abang_misai > 2017-08-20 19:29 | Report Abuse

Taukeh Shquah, if you attended last AGM, you will know that Gpacket will continue to bleed until 2022.

Posted by Seabiscuit > 2017-08-20 21:08 | Report Abuse

Bleed till 2022?????!!!!!!!!???!

Posted by SHQuah > 2017-08-21 08:43 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/08/05/green-packet-an-emerging-fintech-play/

Based on recently news, the boss say they company should turn around next year, I hope they could achieve their goal.

Posted by JKaki > 2017-08-21 09:02 | Report Abuse

SHQuah made a better commentary of GPacket's turnaround compared to the 'bleeding until 2022' remark.

Looking at the figures and acquisitions, we are the cusp.

Maybe Abang_Misai would like to elaborate on the bleeding?

Posted by SHQuah > 2017-08-21 09:11 | Report Abuse

2022 is a very long time ? Nobody can even predict what is going to happen next year.
Next year could be very good or Bad.

Posted by MetalKing > 2017-08-21 11:18 | Report Abuse

Price will not move until good news releases.

Posted by SHQuah > 2017-08-21 15:56 | Report Abuse

I hope Puan Chan Cheong could support the share price until all project implemented next year. I'll be happy if Q2'17 result could break even.

Posted by SHQuah > 2017-08-21 16:31 | Report Abuse

G3 up 9 sen - RM1.96
Gpacket down 1 sen ?

Posted by SHQuah > 2017-08-22 11:37 | Report Abuse

let us pray for good Q2'17 result.
I am happy if can break even but not losses.

Posted by RX350 > 2017-08-22 12:02 | Report Abuse

Same here SHQuah, all the best!!

Posted by Pak Andak > 2017-08-22 12:39 | Report Abuse

http://www.theedgemarkets.com/article/malaysias-internet-traffic-grew-1200-2012-%E2%80%94-%C2%A0myix

Posted by SHQuah > 2017-08-22 15:14 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5437553

Director - Mr. BOEY TAK KONG, we need your support in Gpacket stocks price.
Please buy more.

Posted by RX350 > 2017-08-23 11:55 | Report Abuse

Wondering when the quarterly result will be out

Posted by SHQuah > 2017-08-23 14:41 | Report Abuse

No eyes see

Posted by RX350 > 2017-08-23 16:16 | Report Abuse

very weak today.........

Posted by SHQuah > 2017-08-23 18:46 | Report Abuse

Closing very good. 34 sen eat all. Not sure 2moro got any news.

Posted by abang_misai > 2017-08-23 20:30 | Report Abuse

In AGM, management already said Gpacket will incur Rm4.5mil expenses per quarter for MTN until 2022. Try to work out yourself this additional accounting expenses per year. No need to defend the indefendible

Posted by SHQuah > 2017-08-24 15:56 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5395785

PROPOSED SUBSCRIPTION BY GREEN PACKET OF ITS RIGHTS ENTITLEMENT UNDER THE PROPOSED RIGHTS ISSUE EXERCISE TO BE UNDERTAKEN BY YEN GLOBAL BERHAD (YEN GLOBAL) (PROPOSED SUBSCRIPTION)

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5522077
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING G3 GLOBAL BERHAD ("G3 GLOBAL" OR THE "COMPANY") RIGHTS ISSUE OF SHARES WITH WARRANTS

Posted by SHQuah > 2017-08-24 15:57 | Report Abuse

How is this right issues and free warrant has any impact to Gpacket financial result and Stock price ?

Posted by SHQuah > 2017-08-24 15:59 | Report Abuse

The right issues is at 20 sen with free warrant, currently G3 price is RM1.97.
Is there any extra ordinary gain on Financial report ?

Posted by SHQuah > 2017-08-25 10:01 | Report Abuse

G3 share hit RM2.00......good for Gpacket.

Posted by Wang Jia Chen > 2017-08-25 16:32 | Report Abuse

Will the result out on 30th Aug ?

Posted by Wang Jia Chen > 2017-08-30 09:15 | Report Abuse

Thanks for replying. Really wondering when the result will out. Until now still don't have any news.

Posted by Rabbitmilk > 2017-08-30 11:57 | Report Abuse

Price will go up if the result is good? because the price is going to be lower recently...

Posted by SHQuah > 2017-08-30 13:46 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5532621

Posted by BigPro > 2017-08-30 13:54 | Report Abuse

Result just out and it is bad....

Posted by abang_misai > 2017-08-30 14:02 | Report Abuse

Haha.. Told you earlier of what were discussed in AGM.

Posted by SHQuah > 2017-08-30 14:18 | Report Abuse

http://www.thestar.com.my/business/business-news/2017/08/30/gpacket-narrows-losses-to-rm5-53mil-in-2q/

KUALA LUMPUR: Green Packet Bhd has narrowed its second quarter net loss to RM5.53mil, compared with RM31.76mil a year ago.

The communication and technology services company, posted the second quarter revenue of RM82.69mil, up 7% from RM77.53mil in the corresponding quarter of 2016.

Its software and devices business posted a 44% increase in revenue to RM27.38mil against RM19.03mil in the same period last year. The group said its Ebitda for the quarter stood at RM1.77mil, down 59% from RM4.36 a year ago.

Green Packet said its software and devices business registered higher sales in the current quarter compared to year on year basis mainly due to higher devices shipment to major customers in Middle East, which offset the drop in shipment to Malaysia’s customers in the current quarter.

However, Green Packet said its communication services business recorded a slightly lower revenue of 6% to RM55.04mil in the second quarter as compared to the previous year-on-year mainly due to slightly lower international voice traffic to Indonesia and Myanmar.

In the first six months, Green Packet’s net loss stood at RM10.9mil on revenue of RM162mil.

Green Packet said its board was mindful of the changing market and technology landscape affecting the group’s business in the years ahead and was therefore continuously instituting efforts to improve the performance of the group.

Its efforts included securing a greater geographical reach in markets for new LTE products, expending of wholesale voice traffic and grow the wholesale data services, investing in new growth areas such as Internet of Things and e-Services platform and upselling new media devices and platform developed by its associate company.

Posted by RX350 > 2017-08-30 14:33 | Report Abuse

I don't think the results is considered very bad, i'll hold it!

Posted by blowwater > 2017-08-30 14:39 | Report Abuse

Wah... What operating Expenses for GPacket that cause too high ohhh ? Revenue Increase, but Operating Expenses increase more than that. The operating expenses (Year To Date) are almost same with last year, GPacket really need a lot of Revenue to boost up the Net Profit. Disappointed for the management team, maybe SHQuah are right, it should cut off the director and senior management's salary.

Posted by JKaki > 2017-08-30 15:10 | Report Abuse

I am with RX350 on this.

The figures looks ok.

Revenue contribution from mainly overseas is a plus. E-Services will contribute soon, just need to work out the start-up kinks.

Cutting directors' and senior managements' salary is not the solution. Better align it with more precise KPI's and company results should be better.

Need to boost morale, instead of kicking the decision makers in the nuts.

Posted by abang_misai > 2017-08-30 15:24 | Report Abuse

In share market, its about knowing what you are doing. If you place hope or pray to God, it wont help.

Posted by RX350 > 2017-08-30 15:45 | Report Abuse

Know little little but want to act like a pro, lol

Posted by abang_misai > 2017-08-30 16:23 | Report Abuse

own a few lots and want CEO to resign? Won't happen

Posted by coecoe > 2017-08-30 21:01 | Report Abuse

Few millions loss on operating profit but 10s of millions (not realised and therefore not mentioned) investment gains on Yen Global

Posted by Jeremykid > 2017-08-31 10:19 | Report Abuse

No cash is required for the payment of finance cost. Read this https://www.nst.com.my/business/2017/08/274685/green-packet-q2-revenue-7pc-rm827m

Posted by TrippleZ > 2017-08-31 11:24 | Report Abuse

Lost 5mil yet again is unacceptable. Screwed you GPacket.

Posted by Jeremykid > 2017-08-31 12:37 | Report Abuse

TrippleZ read the article above only talk

Posted by SHQuah > 2017-08-31 12:55 | Report Abuse

Green Packet Q2 revenue up 7pc to RM82.7 million

KUALA LUMPUR: Information and communications technology player Green Packet Bhd second quarter revenue ended June 2017 of RM82.7 million was seven per cent higher than RM77.5 million, posted a year ago.

The company also narrowed its losses 89 per cent to RM3.6 million from a bigger loss of RM32.7 million, a year ago.

Excluding the finance costs, which are notional in nature, as no cash payment is required, the firm said it would have registered an adjusted RM500,000 net profits in the current quarter, compared with an adjusted net loss of RM28.7 million, in same period last year.

For the first six months ended June 2017, revenue and net loss were reported at RM162 million and RM9 million, respectively.

This shows improvement, when compared with revenue of RM165.1 million and net loss of RM13.4 million, registered previously.

”We’ve launched key initiatives this year to enable new revenue streams in E-Services, including the financial technology and Internet of Things (IOT) platform, which are complementary and synergistic to the existing core business pillars,” said Green Packet chief executive officer and executive director Tan Kay Yen.

Earnings before interest, tax, depreciation and amortisation (Ebitda) for second quarter came in lower at RM1.8 million versus RM4.4 million in same period last year.

This is due to exceptional gains of RM2 million for the software and devices segment, due to write back of inventories and start-up cost of the E-Services segment, which was contained to about RM1 million to RM1.2 million.

He said excluding the exchangeable medium-term notes, which were notional in nature, and may be exchanged for Green Packet’s ownership of Webe shares in 2022, the total debt was only RM900,000.

This translates to a net cash of RM82.2 million, or 11.4 sen per share as in the second quarter of FY 2017, which is a very high cash balance for the group.

“We are working hard to launch these new business segments, which will significantly strengthen Green Packet’s income stream in the future,” said Tan.

Keywords: Green Packet, Tan Kay Yen, IOT, revenue, loss after tax

Posted by SHQuah > 2017-08-31 12:56 | Report Abuse

Some Important Notes :
Excluding the finance costs, which are notional in nature, as no cash payment is required, the firm said it would have registered an adjusted RM500,000 net profits in the current quarter

He said excluding the exchangeable medium-term notes, which were notional in nature, and may be exchanged for Green Packet’s ownership of Webe shares in 2022, the total debt was only RM900,000.

This translates to a net cash of RM82.2 million, or 11.4 sen per share as in the second quarter of FY 2017, which is a very high cash balance for the group.

Posted by abang_misai > 2017-08-31 15:50 | Report Abuse

Non cash payment of Rm4.5 mil per quarter until 2022. Investors only bother bottom lines, not the side story of non-cash payment. I don't want to waste my time waiting until 2022. Advise you to attend AGM to verify what I said.

Posted by SHQuah > 2017-09-01 10:56 | Report Abuse

http://www.theedgemarkets.com/article/cover-story-catching-next-big-wave

Automotive the next big thing
At a time when personal computers are showing lower contribution and the smartphone market is saturated, most tech companies are banking on the automotive segment to drive future growth.

ViTrox’s Chu says growth from the automotive segment has just started, considering the car will become “the world’s biggest mobile device” in the future.

“We are seeing more and more electronic devices going into cars. In the near future, cars will be connected to other cars — they will be able to “talk” to each other.”

At present, says Chu, less than 1% of the cars are connected and these are mostly high-end models such as BMWs and Mercedes Benzes.

“Eventually, even Proton cars will be connected. The automotive segment will drive the electronic devices needed in the world,” he says.
“The automotive segment will be the next big wave after smartphones, and we see tremendous growth there. Previously, cars were all mechanical. Today, they are ‘smarter’. Therefore, a lot of electronic products are being made, even for basic-entry-level cars,” he says.

Posted by Richest > 2017-09-04 21:30 | Report Abuse

TP below RM0.19

Posted by RX350 > 2017-09-05 11:26 | Report Abuse

Good bye Gpacket, I've better counters to go now, good luck to all here.........

Posted by SHQuah > 2017-09-06 15:26 | Report Abuse

I am still not sure How Gpacket going to factor the Gain on investment on G3.
After G3 right issues ex-date, G3 price keep going up.

Posted by SHQuah > 2017-09-06 15:36 | Report Abuse

On paper, the gain on Investment on G3 is a lot of money.

Posted by Jeremykid > 2017-09-06 18:24 | Report Abuse

@SHQuah, where can we see if there's gain on investment on G3. Any announcement or something?