Posted by KK > 2019-10-04 13:51 | Report Abuse

In a way it is true as in this particular case is not purely "goreng" factor but for a medium/long term investment due to the business potential & expansion opportunity in mega trend growing 5G technology..I do believe China & Singapore fund will hold their investment for few years to reap the great rewards in the future. The return will be much greater as compare to invest in CIMB /MBB which is a matured and saturated industry. In contrast of AI/5G technology is in the fore front and offer huge expansion opportunity in the near future covering worldwide market

Posted by beinvested > 2019-10-04 14:09 | Report Abuse

Exactly.

To some of us, is a tarp, global meltdown, the sky is falling down, DJ crumbling down. Not a risk taker, lack of knowledge.

To the Funds, it is less than SGD0.25, to the Chinese the stock is <USD0.20 ( a quarter Dollar, cheap cheap) but with good potential, good bargain, low cost. Making profits company where got so cheap later..

How costly is Alibaba, Intel, Microsoft, FB?

Posted by Palmboy92 > 2019-10-04 14:16 | Report Abuse

Yes,thats the point....thats why i said gpacket will follow g3 path,supply getting lesser and lesser,until u offer higher price to buy

Posted by Palmboy92 > 2019-10-04 14:22 | Report Abuse

We dont know what is the gp should be priced at,maybe 0.1,0.5,1.0,10.0?!only insider know...what we know now...insider and big fund collecting and holding....

Posted by beinvested > 2019-10-04 14:28 | Report Abuse

Yes.

People are talking about the cost, potential..

When the DJ was less 9,00 points, Warren B was busy buying BOA (i think so) and few others..after all how many other guys got cash like him. Now, 26,000 points how much he made? He got the good bargains then but not now. To him, no trap, not worry about your meltdown, you buy before the company start making profits, after all he bought many failed businesses..cheap.

Posted by KK > 2019-10-04 14:30 | Report Abuse

They still collecting when price is under short term correction now and do not think it will fall below 70 sen since this is their entering cost..

Posted by beinvested > 2019-10-04 14:33 | Report Abuse

Yes.

Usually Funds will buy and keep some reserve to support the price level..it will unprofitable to masuk and let the few tengah masak retailers going to screw the price.

Posted by KK > 2019-10-04 14:33 | Report Abuse

Watch out closely on next week budget presentation if there is a bursa index rebound couple with budget presentation rally when NFCP is announce..medium term price target should be above RM 1.00

Posted by Miz Raya Bloom > 2019-10-04 15:15 | Report Abuse

buy before too late

Posted by vasu > 2019-10-04 15:21 | Report Abuse

GREEN packet come come green green lo...

Posted by Miz Raya Bloom > 2019-10-04 15:30 | Report Abuse

wah opcom, GP cepat naik

Posted by 6257 > 2019-10-04 17:07 | Report Abuse

Hold tight2

Posted by cmchan11 > 2019-10-04 18:17 | Report Abuse

http://www.theedgemarkets.com/article/green-packet-plans-spread-its-wings-thailand?type=corporate

Posted by Miz Raya Bloom > 2019-10-04 18:39 | Report Abuse

bagus news

Posted by KK > 2019-10-04 19:19 | Report Abuse

Good news for Wb as daily chart shown bottom catch signal ..expecting next week push up to a higher price level

Posted by 6257 > 2019-10-04 19:43 | Report Abuse

Sure or not??

Posted by beinvested > 2019-10-04 20:27 | Report Abuse

The Spore Fund got said, markets in the Region, Asean.

Posted by 6257 > 2019-10-04 22:42 | Report Abuse

Wb when can go to 0.300?

Posted by KK > 2019-10-05 10:12 | Report Abuse

With the China & Singapore investors flux in to Gpacket most of us still not convince in the business prospect of this company. I foresee few reasons for the growth prospect of the company.
1) The company is involve in a growing business worldwide mega trend AI , 5G technology . What kind of business sectors can lead to tremendous growth of a company ? Banking , manufacturing , retailing ,construction , property? Either it is already a matured or saturated industry or basically the small population of the nation does not warrant big business growth of any organization. Do not forget that the slow down in economic due to US/China trade war will persist for some time.
2) The mega trend 5G is supported by the Malaysia government and fund will be allocated for the industry. In addition of the 32% stake in G3 Global involve mainly in AI technology have a tremendous grow prospect. This is the reason why G3 share price already running ahead above RM 3.00 level.
3) It is important that the company is in a position of walk out from Malaysia and doing business worldwide. Gpacket is capable and equipped with manpower , skill , know how and contact to venture into oversea market
4) The return of the company founder CC Puan to lead the company . This is upmost important as a good leadership of the management will lead the company to a new high. In fact he leaded Gpacket to be listed in US Silicon Valley in year 2000.
Any sifu has other comment / opinion please share with us in this forum.

Posted by whoo > 2019-10-05 18:47 | Report Abuse

@KK - well said...the price have been quite stabile all along. Believe that next qtr report will prove that our judgement on this counter to be fruitful...

Posted by KK > 2019-10-05 21:36 | Report Abuse

https://www.thestar.com.my/business/business-news/2019/10/05/hitting-the-bulls-eye-on-top-a-galloping-horse

Posted by Miz Raya Bloom > 2019-10-06 09:51 |

Post removed.Why?

Posted by Miz Raya Bloom > 2019-10-07 10:15 | Report Abuse

redtone opcom dah jalan weh!

Posted by Victor Yong > 2019-10-07 10:51 | Report Abuse

gp warrant at 28sen .. if u convert to ordinary share just top up 40sen = 68sen only. warrant only expire in 2023.. so, 4.5sen cheaper than buying the ordinary share directly. I prefer to buy the warrant instead

Posted by 6257 > 2019-10-07 10:52 | Report Abuse

Haha

Posted by Victor Yong > 2019-10-07 10:55 | Report Abuse

Kiple payment gateway is potential to turnaround gpacket in addition to G3

Posted by Victor Yong > 2019-10-07 10:56 | Report Abuse

High risk high return stock. Either becoming Alibaba or we work :)

Posted by Victor Yong > 2019-10-07 10:56 | Report Abuse

A promising Local tech stock :)

Posted by Victor Yong > 2019-10-07 11:00 | Report Abuse

This stock is still not profitable waiting for turnaround, surely no dividend payout in 1-2years... So , warrant is good enough with expiring date in 2023

Posted by Miz Raya Bloom > 2019-10-07 11:10 | Report Abuse

warrant ini apa style erupeon ke, american ke, yang beli warrant boleh exercise anytime ka, atau tunggu expiry date

Posted by Victor Yong > 2019-10-07 11:22 | Report Abuse

banyak warrantholders exercised warrants

07-Oct-2019 Additional Listing Exercise of Warrants - 320,000 shares at 0.400.
03-Oct-2019 Additional Listing Exercise of Warrants - 1,378,000 shares at 0.400.
02-Oct-2019 Additional Listing Exercise of Warrants - 306,000 shares at 0.400.

Posted by Victor Yong > 2019-10-07 11:23 | Report Abuse

anytime lah



@Miz Raya Bloom warrant ini apa style erupeon ke, american ke, yang beli warrant boleh exercise anytime ka, atau tunggu expiry date
07/10/2019 11:10 AM

Posted by Victor Yong > 2019-10-07 11:24 | Report Abuse

1% of total investment portfolio boleh dipakai untuk gp punya warrants :)

Posted by Victor Yong > 2019-10-07 11:26 | Report Abuse

ada keyakinan dalam gp.... 65mil shares bought at 70sen.... jika beli warrant dan convert, cuma 68sen tapi takda 65mil warrants available at 30sen ... jika convert tambah 40sen = 70sen juga

KENDALL COURT MADAM LIMITED 27-Sep-2019 Notice of Interest 65,000,000 0.000 View Detail
SUMMIT SYNERGY LIMITED 27-Sep-2019 Notice of Interest 65,000,000 0.000 View Detail

Posted by Victor Yong > 2019-10-07 11:28 | Report Abuse

kiple and money lending license boleh dipakai serentak bagi retailer, customers, etc.... berpotensi jika buat apps macam grab, wechat, dll....

Posted by Victor Yong > 2019-10-07 11:34 | Report Abuse

since sept 13, closed at 68sen... and higher till now... if 68sen, exercise warrant at 40sen, warrant at 28sen, breakeven also :)

Date Open Range Close Change Volume
04/10/2019 0.715 0.705 - 0.735 0.715 +0.005 (0.70%) 9,633,100
03/10/2019 0.71 0.70 - 0.725 0.71 -0.02 (2.74%) 9,060,200
02/10/2019 0.745 0.725 - 0.745 0.73 -0.02 (2.67%) 11,312,000
01/10/2019 0.75 0.735 - 0.765 0.75 -0.005 (0.66%) 34,062,100
30/09/2019 0.755 0.73 - 0.775 0.755 0.00 (0.00%) 25,965,200
27/09/2019 0.72 0.72 - 0.76 0.755 +0.03 (4.14%) 20,771,500
26/09/2019 0.715 0.715 - 0.745 0.725 +0.015 (2.11%) 12,534,800
25/09/2019 0.70 0.69 - 0.715 0.71 +0.015 (2.16%) 15,502,200
24/09/2019 0.70 0.69 - 0.71 0.695 0.00 (0.00%) 6,420,400
23/09/2019 0.72 0.69 - 0.725 0.695 -0.03 (4.14%) 15,266,900
20/09/2019 0.73 0.72 - 0.735 0.725 0.00 (0.00%) 19,276,200
19/09/2019 0.705 0.705 - 0.73 0.725 +0.02 (2.84%) 22,245,300
18/09/2019 0.70 0.695 - 0.71 0.705 +0.015 (2.17%) 9,471,600
17/09/2019 0.68 0.68 - 0.71 0.69 +0.01 (1.47%) 12,366,700
13/09/2019 0.655 0.655 - 0.685 0.68 +0.02 (3.03%) 14,674,100

Posted by Miz Raya Bloom > 2019-10-07 11:41 | Report Abuse

K noted

Posted by Miz Raya Bloom > 2019-10-07 11:43 | Report Abuse

in other words, kalau confident jadi shareholders, company ini boleh pakai

Posted by 6257 > 2019-10-07 11:57 | Report Abuse

Hold tight2

Posted by Victor Yong > 2019-10-07 14:28 | Report Abuse

https://klse.i3investor.com/blogs/bfm_podcast/196489.jsp

Posted by Victor Yong > 2019-10-07 14:29 | Report Abuse

YEO KAR PENG

CHAIRMAN & MANAGING PARTNER
Prior to establishing Kendall Court in 2004, Kar Peng was a Managing Director at Citigroup Global Markets. She was responsible in the setting up and building of Citigroup's franchise in Malaysia. She was the key coverage banker in charge of Citigroup’s deal origination and execution with special focus in cross-border mergers and acquisitions and debt capital market transactions. Prior to Citigroup, Kar Peng was with UBS and led a team of 8 analysts in charge of Malaysian equity research. She was a #1-ranked analyst in 1997 by an Asia Money Poll with the UBS Malaysia team ranking third. Prior to UBS, she was Head of Research at WI CARR and was ranked as one of the top three analysts in Malaysia for several years by Asia Money and Euro Money polls. Early in her career, Kar Peng also spent time as an auditor at the precursor of Ernst & Young in Malaysia. Kar Peng holds a Bachelor of Economics from Monash University, majoring in Accounting and Finance and is also an associate member of the Australian Society of Accountants.

director
CHRIS CHIA

MANAGING PARTNER
Prior to establishing Kendall Court in 2004, Chris was a Vice President at Citigroup Global Markets based in Singapore. At Citigroup, Chris had coverage responsibility for Southeast Asia, with a focus on Singapore, Malaysia and Financial Sponsors/Private Equity Funds. Prior to Citigroup, Chris was a member of the investment banking department at Goldman Sachs based in Singapore and participated extensively in all phases of the origination, management and execution of M&A transactions. Chris started his professional career working for Arthur Andersen in Malaysia in 1994 and was a Business Consultant. Chris holds a Bachelor of Commerce (Hons) and a Master of Accounting from the University of Western Australia. He also holds a Master of Business Administration from the MIT Sloan School of Management and a Master of Liberal Arts from Harvard University.

director
DENNIS WUISAN

PARTNER
Prior to establishing Kendall Court in 2004, Dennis was a Principal and Founder of Synergy Capital Partners, an Indonesia based financial advisory firm. Prior to Synergy, Dennis was a member of the investment banking department at Goldman Sachs based in Singapore and worked on buy/sell-side assignments, as well as public market offerings in Southeast Asia and Greater China. Starting in 1996, Dennis worked at Bahana Securities in Indonesia and participated extensively in handling domestic private and public sector issuance of equity and debt securities. Dennis holds a Bachelor of Arts from the University of California at Berkeley, majoring in Physics.

director
ANDI GUNAWAN

PARTNER
Andi started his finance career in 1995 at the investment banking division of Bank Internasional Indonesia, a local private bank. Subsequently he became a Vice President at Holdiko Perkasa, a holding company set up by the Indonesian Bank Restructuring Agency to divest assets surrendered by the Salim Group due to obligations stemming from the 1998 Indonesian financial crisis. Post Holdiko, Andi co-set up Penta Capital Partners to provide financial advisory work for Indonesian corporates. Andi graduated from Diponegoro University in Indonesia with a Bachelor in Management and has an MBA from the University of Illinois at Urbana-Champaign.

Posted by Victor Yong > 2019-10-07 14:31 | Report Abuse

Kendall believes in the founder of GP which helped them to make a lot of profits from the disposal of Packet One to TM :)


Previously, Kendall Court had made an investment in Green Packet’s telecommunications subsidiary, Packet One Networks (Malaysia) Sdn Bhd, which today is under Telekom Malaysia Bhd.

“The first time around was just a capital investment. This time, we look forward to contributing our knowledge and experience particularly in Asean,” said Kendall Court Founder Chris Chia, adding that the previous investment into the telecommunications company amounted to US$51 million.


Singapore PE firm Kendall Court buys 7.19% stake in Green Packet
Wong Ee Lin
/
theedgemarkets.com

September 27, 2019 18:30 pm +08

KUALA LUMPUR (Sept 27): Singapore-based private equity firm Kendall Court has emerged as a substantial shareholder of Green Packet Bhd with a 7.19% equity stake in the company.

Kendall Court said in the statement today that its wholly-owned Summit Synergy Ltd had acquired 65 million shares in the telecommunications and technology company at 70 sen per share.

Kendall Court is an investment firm that manages equity-linked and mezzanine investments across Southeast Asia and has deployed and managed over US$600 million in the region and has invested into the natural resource, healthcare, consumer and telecom industries over the past decade.

Previously, Kendall Court had made an investment in Green Packet’s telecommunications subsidiary, Packet One Networks (Malaysia) Sdn Bhd, which today is under Telekom Malaysia Bhd.

“The first time around was just a capital investment. This time, we look forward to contributing our knowledge and experience particularly in Asean,” said Kendall Court Founder Chris Chia, adding that the previous investment into the telecommunications company amounted to US$51 million.

“We are excited about Green Packet’s new focus areas. We have been monitoring the company’s progress and see prospects in their new ventures, especially its fintech business,” said Chia.

Noting that Green Packet is leveraging its e-wallet, payment gateway and wallet-as-a-service capabilities, Chia said the company “is clearly differentiating itself with clear focus to serve the education, e-Commerce and enterprise sectors instead of targeting the mass market”.

Through the stake purchase, Chia said Kendall Court hopes it could potentially help fast track Green Packet’s growing fintech business through its network and experience across the region.

“On top of that, Green Packet has yet to unlock the potential from the full spectrum of their assets such as with their money lending licence,” Chia said.

Another development for fintech players is the issuance of digital bank licenses. Singapore and Hong Kong had already issued their licenses with Malaysia expected to follow soon, said Kendall Court.

“Green Packet is on the right trajectory and must ready itself for the bigger opportunities presented such as digital bank opportunities. And we will fully support their efforts,” said Chia.

Additionally, with Green Packet being AI company G3 Global Bhd’s single largest shareholder with 32% stake, Chia sees Green Packet’s investment into G3 Global as “a big plus with a lot of potential”.

Notably, G3 Global along with the world’s most valued AI company, SenseTime and also China Harbour Engineering, are collaborating to set up Malaysia’s first AI park with a US$1 billion investment over the next five years.

Shares of Green Packet closed three sen or 4.14% higher at 75.5 sen today, with 20.78 million shares exchanging hands. This brings the company’s market capitalisation to RM682.4 million.

Posted by Victor Yong > 2019-10-07 14:33 | Report Abuse

dont know whether gp will be the alibaba of malaysia in future... but the founder of gp's ability has been proven with the disposal of one packet to tm at RM350mil in 2014 :)

Posted by Victor Yong > 2019-10-07 14:37 | Report Abuse

as the share price is rising, good for GP, warrantholders exercise their warrants to become ordinary shares.pumping a lot of cash into GP.. now, the negative premium of warrant is huge 6%+

Posted by Victor Yong > 2019-10-07 14:38 | Report Abuse

sold 65mil shares to kendall at 70sen... as the biz of GP improves continuously, any private placement in future could be made at much higher price :)

Posted by Victor Yong > 2019-10-07 15:11 | Report Abuse

for those who want to acquire a stake like kendall, can do so by buying up the warrant till 30sen and the convert into ordinary shares by paying another 40sen as exercise price :)

for the warrants available for sale now, starting from 28sen up to 30sen, about 60mil , close to kendall's purchase of 65mil shares at 70sen.... what a coincidence! :)

Posted by 6257 > 2019-10-07 15:13 | Report Abuse

Buy 0035,0208 more faster than 0082wb

Posted by Victor Yong > 2019-10-07 15:13 | Report Abuse

maybe the whole company can be sold to TM one day like packet one. :)

Market Cap: 658 Million
NOSH: 913 Million
Avg Volume (4 weeks): 16,993,933
4 Weeks Range: 0.65 - 0.775
4 Weeks Price Volatility (%):
56.00%
52 Weeks Range: 0.30 - 0.775
52 Weeks Price Volatility (%):
88.42%
Average Price Target: 0.80
Price Target Upside/Downside: +0.08
Stamp duty exempted for year 2019

Posted by Victor Yong > 2019-10-07 15:30 | Report Abuse

（GPACKET,0082,主板电讯媒体组）掌控的G3全球（G3,7184,主板消费产品服务组）因传出获中资青睐消息，大起91仙，成为全场涨幅第三大股项。

Posted by Victor Yong > 2019-10-07 15:38 | Report Abuse

Additionally, with Green Packet being AI company G3 Global Bhd’s single largest shareholder with 32% stake, Chia sees Green Packet’s investment into G3 Global as “a big plus with a lot of potential”.

Notably, G3 Global along with the world’s most valued AI company, SenseTime and also China Harbour Engineering, are collaborating to set up Malaysia’s first AI park with a US$1 billion investment over the next five years.