GREEN PACKET BHD

KLSE (MYR): GPACKET (0082)

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Last Price

0.03

Today's Change

0.00 (0.00%)

Day's Change

0.03 - 0.035

Trading Volume

211,100


31 people like this.

24,894 comment(s). Last comment by whistlebower99 5 days ago

Patrick13

1,971 posts

Posted by Patrick13 > 2018-05-27 09:45 | Report Abuse

【强人】无现金交易时代 KiplePay让手机化身电子钱包
http://www.orientaldaily.com.my/s/244271

beware1

20 posts

Posted by beware1 > 2018-05-27 10:32 | Report Abuse

Loss QR again delay until last day? Under PH even bigger loss bec broadband half price and speed double?

Kristal

50 posts

Posted by Kristal > 2018-06-04 09:14 | Report Abuse

AGM today. Anybody going? Pls brief us tks

SHQuah

5,363 posts

Posted by SHQuah > 2018-06-04 16:41 | Report Abuse

https://www.theedgemarkets.com/article/green-packet-aims-return-profit-2018-sees-doubledigit-growth-2019

KUALA LUMPUR (June 4): Green Packet Bhd targets to return to profit this year, driven by growth in its core business of solutions and communications.

Last week, the digital telecommunications technology group posted a lower net loss of RM3.13 million for its first quarter ended March 31, 2018, which is 42% lower than the net loss of RM5.38 million it recorded a year ago, despite loss after tax widening to RM7.8 million on higher business development and finance costs.

"After returning to black this year, the group is hopeful to see double-digit growth for its financial results in 2019," its chief executive officer Tan Kay Yen told reporters after attending the group's annual general meeting today.

Tan said the group's double-digit growth expectation for its 2019 financial results apply to both revenue and net profit, and will be driven by new business growth and existing business.

"We expect to see single-digit growth for our existing business, while [our] new business should post double-digit growth," Tan added. Among the new businesses the company is in are fintech and Internet of Things.

As at 3.19pm, Green Packet's share price rose 1.5 sen or 4.92% to 32 sen, giving it a market capitalisation of RM240.32 million.

tomwah

1,599 posts

Posted by tomwah > 2018-06-07 13:01 | Report Abuse

FLYING

Patrick13

1,971 posts

Posted by Patrick13 > 2018-06-22 17:10 | Report Abuse

On behalf of the Board of Directors of GPB ("Board"), UOB Kay Hian Securities (M) Sdn Bhd ("UOBKH") wishes to announce that the Company proposes to undertake a renounceable rights issue of up to 150,202,583 Rights Shares on the basis of 1 Rights Share for every 5 existing GPB Shares held, together with up to 450,607,749 Warrants on the basis of 3 Warrants for every 1 Rights Share subscribed for, based on an entitlement date to be determined later ("Entitlement Date") ("Proposed Rights Issue with Warrants").

Details of the Proposed Rights Issue with Warrants are set out in the attachment enclosed.

This announcement is dated 22 June 2018

http://www.malaysiastock.biz/Company-Announcement.aspx?id=1067574

apolloang

18,163 posts

Posted by apolloang > 2018-06-22 17:21 | Report Abuse

3pm the insiders or bankers know going to propose the rights with warrants already. insider trading bursa buat tak tahu ar?

apolloang

18,163 posts

Posted by apolloang > 2018-06-22 17:22 | Report Abuse

already up 6cts before news announce....PH have to cleanse this bursa,all crooks and insider trading

apolloang

18,163 posts

Posted by apolloang > 2018-06-22 17:26 | Report Abuse

bursa please let the public know who bought between 3pm to 5pm

apolloang

18,163 posts

Posted by apolloang > 2018-06-22 17:28 | Report Abuse

must let LGE knows this problem,rampant insider trading in bursa

Cat Foo

6 posts

Posted by Cat Foo > 2018-06-22 18:33 | Report Abuse

wat is target price now.tq

apolloang

18,163 posts

Posted by apolloang > 2018-06-25 16:05 | Report Abuse

don't care the rakyat can be a minister?

SHQuah

5,363 posts

Posted by SHQuah > 2018-06-26 16:46 | Report Abuse

3 free Warrants for every 1 Rights Share subscribed

ran777rpt

2,945 posts

Posted by ran777rpt > 2018-06-29 19:46 | Report Abuse

Capital Reduction

ktsk88

5,284 posts

Posted by ktsk88 > 2018-06-30 10:30 | Report Abuse

capital reduction just an accounting entry in their books to clean up all the accumulated losses in their books......in a way is good to cleanse up the books.

not those capital reduction by way of reducing the value of the shares and consolidating it.... so no effects on the share pricing.

paulthesotong

2,711 posts

Posted by paulthesotong > 2018-06-30 13:59 | Report Abuse

MYTV deals still on after PH?

huat stock

2,797 posts

Posted by huat stock > 2018-06-30 21:23 | Report Abuse

GP to GG

ktsk88

5,284 posts

Posted by ktsk88 > 2018-07-03 11:20 | Report Abuse

GPacket already cleanse up their books now..........a new start.

So now back to biz and new start for the share price.

as for MYTV some already installed for those BR1M recipient and the rest now pending renegotiation with the Govt........sooner or later they need to go on since it is promised by the last Govt to the rakyat. As long benefits the lower income BR1M recipient, the Harapan Govt will honor and just the pricing will be review.

SHQuah

5,363 posts

Posted by SHQuah > 2018-07-03 18:15 | Report Abuse

Any company asking for right issues is not Good. Normally right at 35 sen, before ex date it will close slightly higher than 35 sen. After ex date, all the way down below 35 sen.

yang88

133 posts

Posted by yang88 > 2018-07-03 22:39 | Report Abuse

Agreed, don’t place hjgh hope it will go back to 59 cents again.

Posted by EngineeringProfit > 2018-07-09 08:09 | Report Abuse

TRUE

tomwah

1,599 posts

Posted by tomwah > 2018-07-16 09:57 | Report Abuse

??? why today no buyer ????

SHQuah

5,363 posts

Posted by SHQuah > 2018-07-16 18:32 | Report Abuse

Right issues need money.

DonaldDuck

187 posts

Posted by DonaldDuck > 2018-07-17 09:22 | Report Abuse

Big crocs exchanged hand. No more tips.

yang88

133 posts

Posted by yang88 > 2018-07-17 09:35 | Report Abuse

Nobody will buy the rights at 0.35 if the share price maintained at 0.36

SHQuah

5,363 posts

Posted by SHQuah > 2018-07-19 07:45 | Report Abuse

Not sure how is the coming quarterly result if they show one time write off of accumulated losses of a few hundred millions ?

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-02 11:15 | Report Abuse

Bought last week, big profit tho

Yael Jasper

2,178 posts

Posted by Yael Jasper > 2018-08-02 12:24 | Report Abuse

Good stock, worth it buy

yang88

133 posts

Posted by yang88 > 2018-08-02 17:46 | Report Abuse

This stock is still losing money, can consider good stock?

SHQuah

5,363 posts

Posted by SHQuah > 2018-08-09 14:54 | Report Abuse

Gpacket invest a lot of money in G3 and G3 is losing money every quarter. G3 may even go to PN17.

whkwoon

303 posts

Posted by whkwoon > 2018-08-10 17:01 | Report Abuse

GP up today - good

Patrick13

1,971 posts

Posted by Patrick13 > 2018-08-10 17:51 | Report Abuse

Green Packet enters partnership for direct carrier billing

Green Packet Bhd’s joint venture company (JV), Funsea Interactive Entertainment (M) Sdn Bhd has entered into a partnership with Apigate to enable Direct Carrier Billing (DCB) for Celcom’s customers.

DCB allows end users to make payments for their purchases by charging payments to their mobile operator’s post-paid and pre-paid bill.

It is traditionally used by mobile content creators and developers to facilitate payment for their in-app purchase and subscription services by end users.

With the partnership, Funsea Interactive will be able to facilitate payment for their OTT content related games, music and video-based apps to more than 9.6 million Celcom subscribers in Malaysia through the DCB payment facility offered by Apigate.

According to a report by Technavio, the global DCB market is expected to register a CAGR of nearly 9% between 2018 and 2022.

Incorporated in 2017, Apigate, a subsidiary of Axiata Digital, has built a network of global and regional partners that allows Funsea Interactive to leverage on the 3.1 billion customer footprint and more than 110 MNOs across Asia, the Middle East, Africa, and Latin America.

“It is a great honour for us to be able to partner with Apigate as this is another significant milestone in the implementation of our strategy for the development of a seamless payment system whereby users can make convenient and safe payments for their favourite games, music and video apps by billing to their post-paid or pre-paid accounts.

“As Funsea Interactive is committed to constantly enhance consumers’ experience, direct carrier billing is a step ahead in providing an avenue for a frictionless platform-customer relationship,” said Green Packet group CEO and Executive Director Tan Kay Yen in a statement.

https://www.thestar.com.my/business/business-news/2018/08/10/green-packet-enters-partnership-for-direct-carrier-billing/

SHQuah

5,363 posts

Posted by SHQuah > 2018-08-11 10:39 | Report Abuse

Bosses bought a lot Gpacket shares before announcement. Yesterday bosses sell and make a lot of money for right issues money.

SHQuah

5,363 posts

Posted by SHQuah > 2018-08-13 09:37 | Report Abuse

Company Every quarters lossing money. Who wants to online purchase and charge to phone bills ? Carry a few hundred million accumulated losses to write off soon.

tomwah

1,599 posts

Posted by tomwah > 2018-08-13 15:53 | Report Abuse

wating for .60 again

yang88

133 posts

Posted by yang88 > 2018-08-13 16:41 | Report Abuse

.60? Really? Hope your dream will come true. Good luck...

Lim Tek Wai

2,386 posts

Posted by Lim Tek Wai > 2018-08-14 11:05 | Report Abuse

never regret

tomwah

1,599 posts

Posted by tomwah > 2018-08-17 12:42 | Report Abuse

dont miss a boat

ktsk88

5,284 posts

Posted by ktsk88 > 2018-08-17 13:19 | Report Abuse

i guess with the RI and free warrants in place it is a good deals........))

SHQuah

5,363 posts

Posted by SHQuah > 2018-08-19 11:28 | Report Abuse

When results come out you will know. Scary. For me I will sell first. I don't expect results good.

yang88

133 posts

Posted by yang88 > 2018-08-19 18:54 | Report Abuse

GP chief executive officer Tan Kay Yen said the group is hopeful to see double-digit growth for its financial results in 2019 for both revenue and net profit, and will be driven by new business growth and existing business.
Isn’t it what we’re told few months ago?
What had happened now?

ktsk88

5,284 posts

Posted by ktsk88 > 2018-08-19 20:47 | Report Abuse

The group been in the red so far and another quarter of red is expected. What matter most is the RI with free warrant is the deal we are more interested.

yang88

133 posts

Posted by yang88 > 2018-08-19 23:29 | Report Abuse

I think Another quarter of red will drive the price down further after the realisation of the RI with free warrant. I have no interest on RI if the company is still losing money. Just my opinion..

Posted by stockjobber > 2018-08-24 08:55 | Report Abuse

As with all other counters, whenever there is a Rights Issue the said counter will experience a sudden drop in share price... !
I think GPacket’s price will drop anytime soon to that of .33 to .39 ....

CharlieSim

1,254 posts

Posted by CharlieSim > 2018-08-24 09:31 | Report Abuse

someone has been collecting at .415/.42 for a while ...

Posted by stockjobber > 2018-08-24 09:46 | Report Abuse

C C Puan and Tan Kar Yen have been making optimistic statement day after day , year after year since 2009 but the company has been losing and losing money; hahaha, what a contradictory...at one point even on the brink on being labelled as PN17 counter...!

Posted by stockjobber > 2018-08-24 09:49 | Report Abuse

Hopefully this time around his optimistic forecast will turn out true

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