It aimed for RM0.80 like what mentioned in this Forum months ago. RM0.80 for the time being. Up to you, you can buy the OS or the Warrants. Close your eyes and buy.
Another dirty scam to goad newbies convert warrants 2 sell into the mkt... I said BYE BYE to my long-trapped shares in the mid-sixties since 2012 @ 70-70.5c =)
Hold on to your stock. SenseTime from China which owns substantial G3 may also wants substantial shares of GP for future growth prospective in Msia. CCCC and Alibaba have interest in Sense Time.
That's what i think so, likely China factor, G3 up > RM0.30, GP hold 37% in G3, so GP share up in accordingly, hold securely the Warrants especially, better margin.
Well done! For a company that have been selling "dreams" with no profits record... continue to build on dreams... hopefully can turn into Malaysian Amazon... or remain a dreamer...
KUALA LUMPUR (Sept 19): Green Packet Bhd rose as much as 2.13% this morning, following news that a new substantial shareholder has moved to take up more than 10% stake in the tech company.
At 10:03am, shares in Green Packet rose 1.5 sen or 2.13% to 72 sen, valuing the company at RM656.14 million.
The counter is trading at an eight-year high of 11.88 million shares. In contrast, its 200-day average trading volume stood at 6.99 million shares.
In a report today, The Edge Financial Daily said Green Packet saw more than 10% stake crossed in off-market trades since last week, with sources telling the daily that the slew of off-market transactions are paving the way for the emergence of a substantial shareholder.
A total of 12 off-market trades were conducted, with every transaction size ranging from 562,260 shares to the largest of 15.24 million shares. The transactions were done at between 60 sen and 63 sen per share, resulting in a total worth of RM37.81 million.
The sources shared that of the 62 million shares crossed on Tuesday, 80% of them were taken up by a China-based fund.
"The buyer is a foreign institutional investor from China, who is expected to emerge as a substantial shareholder of Green Packet soon. Already, Green Packet saw 5% [of its stake traded through] off-market transaction last week," said one of the sources familiar with the company.
Like China investors needed a vehicle/platform to land into Malaysia to expand the business..so when the share value going up since days ago..don't ask where is the profit figures..close your eyes and buy.
Be optimistic..have gratitude. I guessed about the China factor..if it is true..so be it lah. Burst anytime lah..no more energy lah.. all kinds..just not helping anybody plus your ownself.
If you find that your occupation for making money is not making God smiles at, you will stay poor all your life.
Be grateful if the investors from China are coming to invest in a public listed company.
And, if you have noticed carefully, no shorties dare to touch this counter/the warrants until now. The operator guarded the process nicely.
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solid
400 posts
Posted by solid > 2019-09-17 09:47 | Report Abuse
OMG, .70cts broken