Posted by tkw82 > 2018-02-21 12:59 | Report Abuse

Are you kidding me?
no further drop can pray

Posted by anonboy > 2018-02-22 08:41 | Report Abuse

Buy Anzo. It is likely to surge after the next QR announcement. Read a recent good article on Anzo. Its stock price is at a nulti year low.

Posted by whkwoon > 2018-02-26 08:55 | Report Abuse

https://www.thestar.com.my/business/business-news/2018/02/26/chinese-online-gaming-group-courts-green-packet-for-possible-tieup/

Posted by SHQuah > 2018-02-26 09:15 | Report Abuse

PETALING JAYA: Green Packet Bhd
image: https://cdn.thestar.com.my/Themes/img/chart.png

has been identified by a Chinese online gaming group for a possible tie-up to pursue a game publishing business, sources said, adding that the Chinese group is also mulling a stake buy in Green Packet.

According to sources, the company is China-listed Zhejiang Dilong Culture Development Co Ltd. That group has a subsidiary called MSY which enjoys more than two billion yuan (RM1.2bil) in annual revenue from gaming and content businesses.

The Chinese party is in the midst of setting up a joint-venture to operate a mobile game publishing platform with a subsidiary of Green Packet, a technology, media and communication services company.

The move is not surprising, considering that the global games market generated US$116bil (RM454bil) in game software revenue in 2017. Mobile gaming revenue contributed US$50.4bil of that, going by reports.


Read more at https://www.thestar.com.my/business/business-news/2018/02/26/chinese-online-gaming-group-courts-green-packet-for-possible-tieup/#M83UAOeKU3CECAzk.99

Posted by small_investor > 2018-02-26 10:02 | Report Abuse

got chinese investor .. GP sure double up by Hari raya big big Green Ang pow !

Posted by Jack149 > 2018-02-26 10:13 | Report Abuse

lt is lemon stock.

Posted by techvest > 2018-02-26 10:46 | Report Abuse

According to today news this chinese company listed in shenzhen to buy a stake in Gpacket?
Zhejiang Dilong Culture Development Co., Ltd.
https://finance.yahoo.com/quote/002247.SZ?p=002247.SZ

Chinese online gaming group courts Green Packet for possible tie-up
Read more at https://www.thestar.com.my/business/business-news/2018/02/26/chinese-online-gaming-group-courts-green-packet-for-possible-tieup/#Z7X7wSSopGLDrBdX.99

Green Packet’s revenue to ‘easily’ double after MYTV job win
http://www.theedgemarkets.com/article/green-packets-revenue-easily-double-after-mytv-job-win

Posted by coecoe > 2018-02-27 10:03 | Report Abuse

heavy trading (over 27mio shares already) but no real movement so far

Posted by Calvin882 > 2018-02-27 10:21 | Report Abuse

Accumulation phase

Posted by Cat Foo > 2018-02-27 10:35 | Report Abuse

wen gpackwt q report cone out

Posted by small_investor > 2018-02-27 14:37 | Report Abuse

Q report shoudl be 28th Feb

Posted by techvest > 2018-02-27 19:14 | Report Abuse

So it's not rumour
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5705173

Posted by Calvin882 > 2018-02-27 20:06 | Report Abuse

It's sound more like rumour now.

Posted by GPAC > 2018-02-28 14:57 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/5705973

Posted by techvest > 2018-02-28 16:14 | Report Abuse

ShQuah, I agree that when streams of revenue starts to kick in it will return to the black for starter.

Posted by small_investor > 2018-02-28 17:06 | Report Abuse

After today is i think cannot get this price.. GPACKET all source of income will kick in for 2018. As the CEO said 2018 will see profit and maybe dividend.

https://www.thestar.com.my/business/business-news/2017/12/23/will-green-packets-media-play-pay-off/

“Our income statements are (being) impacted every quarter by close to RM4.5mil interest costs arising from our exchangeable medium notes,” says Tan.

“However, there is no negative cash flow impact as the interest costs do not need to be paid up in cash but accrued in nature only.”

Every quarter need to report 4.5 interest cost.. so Q4 is consider PROFIT !!

Posted by Calvin882 > 2018-02-28 18:53 | Report Abuse

Monitored this stock for the past 2 days. Someone is preventing it from moving higher than 0.5. Very suspicious movement

Posted by techvest > 2018-03-01 09:21 | Report Abuse

Some big fish changing hands yesterday. Time for bottom fishing today

Posted by techvest > 2018-03-01 11:17 | Report Abuse

Now is the earnings release season with many companies announcing their quarterly reports these few days so a lot of portfolio rebalancing and capital flights by retailers and funds houses or even foreigners. I see today's sudden price drop is only technical re-shifting because u can see it with very low volumes. Just buy low, it will rebound.

Posted by GooGooDolls > 2018-03-02 09:19 | Report Abuse

Low vol? Worth a try

Posted by techvest > 2018-03-02 09:41 | Report Abuse

Seems like all selling with high volume changing hands past few days but now very low volume. Not sure but looks like price manipulation by someone..suspicious

Posted by techvest > 2018-03-02 09:44 | Report Abuse

Maybe someone short selling the stock usually brokerage remiser

Posted by yang88 > 2018-03-02 10:42 | Report Abuse

Bye.... green packet.

Posted by techvest > 2018-03-02 14:46 | Report Abuse

Its chief executive officer Tan Kay Yen said the contract would also take the group back to the black in the year ending Dec 31, 2018 (FY18).

“For FY18, yes, definitely we will turn around. With this contract, we should easily double our last year’s revenue. Because of the size itself, even if it is [a] single-digit margin, it is already quite substantial,” Tan said, but declined to reveal the margin under the contract.

“The contract is for two years. Deliveries will mainly happen this year because the government is shutting down analogue transmission. In fact, we will be shipping as soon as next month (February),” he told The Edge Financial Daily.

http://www.theedgemarkets.com/article/green-packets-revenue-easily-double-after-mytv-job-win

Posted by techvest > 2018-03-02 14:48 | Report Abuse

These set-top boxes will be the devices in homes that will receive the new free to air digital signals for home TV viewing, replacing the old antennas.

The Government has said that a total of 4.2 million BR1M (1Malaysia People’s Aid) households will receive free MYTV decoders.

https://www.thestar.com.my/business/business-news/2018/01/24/green-packet-shares-attract-trading-interest/

Posted by speedinvest > 2018-03-02 14:50 | Report Abuse

The patience one will be rewarded :)

Posted by techvest > 2018-03-02 14:51 | Report Abuse

If election is around May during school holiday, could it be possible the MYTV decoders sooner?

Posted by dropbait > 2018-03-02 15:13 | Report Abuse

operator forcing contra players out, hang on for rebound if u could

Posted by dropbait > 2018-03-02 15:20 | Report Abuse

they have to return the borrowed shares when dropped to their target level hence they will have to buy back

Posted by dropbait > 2018-03-02 16:53 | Report Abuse

See? Suddenly >9mil shares placed out to block at 45cent...something not right showing someone manipulated the price down

Posted by dropbait > 2018-03-02 16:54 | Report Abuse

The manipulator only block big time during last 10 mins before market close

Posted by dropbait > 2018-03-02 16:59 | Report Abuse

See it again? The manipulator buying back all shares placed to block just 2 mins before market close

Posted by Calvin882 > 2018-03-02 19:15 | Report Abuse

This counter is heavily manipulated. Observed it since few days ago even before the qtr report. Lots of buy queue can be disappeared in a second, someone keep on throwing systematic to prevent it from going up. Didn't like the way it was manipulated and sold all before qtr result.

Posted by techvest > 2018-03-05 07:08 | Report Abuse

Since the china company (Zhejiang Dilong Culture Development Co. Ltd.) is interested to buy a stake in gpacket, they could be quietly building up their stakes just like how Geely did it like the one below

http://www.theedgemarkets.com/article/how-geelys-li-shufu-spent-months-stealthily-building-us9b-stake-daimler

Have a read on how they did it

Posted by dropbait > 2018-03-05 09:45 | Report Abuse

A series of fishy transactions continue. Changing hands 45sen

Posted by dropbait > 2018-03-05 09:46 | Report Abuse

It is possible the china co. accumulate shares in open market

Posted by techvest > 2018-03-05 10:13 | Report Abuse

Perhaps it's contra trader disposing since there are heavy volume lasting 3 days in previous week. If u could wait, this is value

Posted by dropbait > 2018-03-05 10:26 | Report Abuse

I think today t4 so after contra players flushed out will see it steady

Posted by dropbait > 2018-03-05 10:28 | Report Abuse

Monitor if any changing hands today late afternoon

Posted by techvest > 2018-03-05 15:51 | Report Abuse

Market sentiment not good with 940 counters in red

Posted by dropbait > 2018-03-06 08:53 | Report Abuse

Changing hands getting weaker with less force selling

Posted by dropbait > 2018-03-06 08:54 | Report Abuse

Maybe is PuanCC perform changing hands also

Posted by techvest > 2018-03-06 09:14 | Report Abuse

It's oversold I think will rebound just be patient

Posted by techvest > 2018-03-06 09:39 | Report Abuse

SHQuah, what did u mean with the first point? Can u elaborate?

Posted by techvest > 2018-03-06 11:27 | Report Abuse

It mentioned gpacket started to ship out MYTV set-top boxes in february. Is that why the quarterly losses narrowed down to 2.622 million which is lowest in last 4 qtrs? If that is the case, it should return to being profitable soon probably in next qtr the fastest.

Posted by dropbait > 2018-03-07 09:59 | Report Abuse

No demand no interest

Posted by dropbait > 2018-03-07 09:59 | Report Abuse

Dead already left with small fish biting really pity!

Posted by techvest > 2018-03-07 14:42 | Report Abuse

Sea of red. Hold tight or longer term

Posted by paperplane > 2018-03-07 18:22 | Report Abuse

new biz coming, biz turning profit soon

Posted by NormNorm > 2018-03-14 22:25 | Report Abuse

@SHQuah: In today case, why they dont slowly accumulate at current low especially now is very bad market sentiment? Is it because they dont have enough time and something is going to announce?