GREEN PACKET BHD

KLSE (MYR): GPACKET (0082)

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Last Price

0.025

Today's Change

0.00 (0.00%)

Day's Change

0.025 - 0.03

Trading Volume

872,700


31 people like this.

24,895 comment(s). Last comment by sampooler 3 weeks ago

4444

1,800 posts

Posted by 4444 > 2019-10-26 15:40 | Report Abuse

25-Oct-2019 Additional Listing Exercise of Warrants - 339,000 shares at 0.400.
24-Oct-2019 Additional Listing Exercise of Warrants - 2,527,000 shares at 0.400.
23-Oct-2019 Additional Listing Exercise of Warrants - 220,000 shares at 0.400.
22-Oct-2019 Additional Listing Exercise of Warrants - 1,450,000 shares at 0.400.
21-Oct-2019 Additional Listing Exercise of Warrants - 8,000 shares at 0.400.

KK

1,368 posts

Posted by KK > 2019-10-26 16:36 | Report Abuse

Good one , less & less volume in the market after conversion.

KK

1,368 posts

Posted by KK > 2019-10-26 16:39 | Report Abuse

Position itself to the next rocket up like Dsonic warrant ?

KK

1,368 posts

Posted by KK > 2019-10-26 16:51 | Report Abuse

G-packet Wb has less number of share issued , lower exercise price and slightly longer maturity life as compare to Dsonic Wa, in addition there is daily conversion for Wb and result in lesser Wb float in the market ..obviously it is relatively cheaper for entry to G-Packet warrant

Tony Wong

1,027 posts

Posted by Tony Wong > 2019-10-27 20:12 | Report Abuse

kk good command

goldenluck16

1,956 posts

Posted by goldenluck16 > 2019-10-29 09:29 | Report Abuse

G3 new high. 3.67.

beinvested

2,445 posts

Posted by beinvested > 2019-10-29 09:32 | Report Abuse

RM0.34 finishing.

beinvested

2,445 posts

Posted by beinvested > 2019-10-29 10:03 | Report Abuse

When G3 was going to RM3.00 , "ooh...how come RM3" , now RM3.70 , "oooh RM3.70!" , SO, eventually the spillover effect will come to GP (got 32% of G3), like it or not. BTW, G3 Warrants should be RM3.60 because the conv price is just RM0.10 each.

leeling

101 posts

Posted by leeling > 2019-10-29 14:55 | Report Abuse

why gpacket 3weeks no move up liao

KK

1,368 posts

Posted by KK > 2019-10-29 15:43 | Report Abuse

G-Packet is consolidating in past few weeks and strong support seen @ 72 sen and if consolidate long enough , the only way is moving upward

cat lim

1,284 posts

Posted by cat lim > 2019-10-29 19:31 | Report Abuse

Ggpacket

Cindy

58 posts

Posted by Cindy > 2019-10-31 13:42 | Report Abuse

cat lim gpacket gg liao meh ?

beinvested

2,445 posts

Posted by beinvested > 2019-10-31 21:04 | Report Abuse

The warrants do not offer anymore discount. Currently, it is priced at RM0.345 each and by including the Exercise price of RM0.40, then will sum up to RM0.745 , which is higher than the prevailing market price of the Ordinary Share.

The daily conversion of WRTs to OSs that happened in the recent days will not be continued for longer simply unless the holders of those WRTs have done the purchases during the "discount period" highlighted.

Amazingly, the continuation of selling of Ordinary Shares (after the conv) have not hampered the performance of the pricing. Holders logged in to book their gains when selling price is higher than the total cost. However, some holders do not have the capitals to convert or their WRTs only acquired after the "discount period".

More importantly, the Selling of OSs will be decreased accordingly and it is only normal that investors will be made aware that buying the WRTs will be a better choice / profitable as compare to the mother shares. This is because the moving up of each half a sen will give better returns to the WRT versus the OS.

In conclusion, naturally the demand for WRTs will be more in the future.

KK

1,368 posts

Posted by KK > 2019-10-31 21:18 | Report Abuse

Well said beinvested , the beauty is the more warrant being converted means that the no of warrant float in the market will become lesser and price of warrant could be moving faster than the ordinally share as a result of demand & supply..Dsonic warrant is a good example whereby warrant offer a much better return than the ordinally share

KK

1,368 posts

Posted by KK > 2019-10-31 21:23 | Report Abuse

Another scenario could be banker pushing the warrant price so that OS could follow by market force whereby a smaller capital is incur by pushing warrant as compare to OS

KK

1,368 posts

Posted by KK > 2019-10-31 21:25 | Report Abuse

The price of OS price is yoyo now could be clearance of overhang of converted OS but price is firmly supported by banker at 73 sen level and believe that price will shoot up once overhang is clear

beinvested

2,445 posts

Posted by beinvested > 2019-10-31 21:42 | Report Abuse

KK, thanks.

GP WRTs in the market have been reduced proportionally due to the frequent conversion exercised by the holders in the recent days.

Scarcity made a certain merchandise more valuable.

DSonic WRTs are with high premium but the rate of return is better than its mother shares.

IF GP WRT will be following the trend of DSonic (RM0.705 : RM1.14 , 0.618) , in GP roughly is as such outcome ( ? : RM0735 , 0.618). What is ? That will be the price of GP WRT.

SO, 0.618 X RM0.735 = RM0.45, is the price tag.

beinvested

2,445 posts

Posted by beinvested > 2019-10-31 22:00 | Report Abuse

As the owner of a business, you seldom being distracted, but you must work diligently towards the higher value of the shareholdings.

I noticed that the concerted effort displayed by the interested parties in the case of GP was highly skillful. Take the WRTs as the example, the price was carefully and jealously guarded until today (RM0.345) half a sen by half a sen from even RM0.19 weeks ago. Had you purchased all you can, the profits are coming to almost above 80% already.

NObody ever got the chance to sabotage the moving up, step by step for the higher price so far. The expiry of the WRTs are a few years to come and when the OS will jump for one sen by sen soon, then we can see that the WRT will follow through.

beinvested

2,445 posts

Posted by beinvested > 2019-10-31 22:38 | Report Abuse

KK, I noticed that the interested parties have pushed the OS to their intended level firstly.

Suddenly, many noticed that the WRTs are at discounted price. Could be a lot of capital being used to support the OS price level. The level must be higher that the price paid by the Spore fund.

From the WRTs, much more money being made to compensate the OS, if you look at it carefully.

In addition, The company must have the substance, business improvement or expansion to justify the appreciation of the value of your company shares .

KK

1,368 posts

Posted by KK > 2019-11-01 00:47 | Report Abuse

Yes , you are right. In fact there is a off market transaction of 75 sen so it could be a silent agreement that the price should be guarded and not to drop below 70 sen. Only insider who has close connection with the business owner is aware on the business prospect of the company and new investor is convince & show a vote of confidence by pumping in fund. Do not forget that beside the business expansion prospect , the market value of Gpacket is increase proportionally with the price increase in G3 Global . The issue of overhang of converted OS and in fact technically it need a consolidation period to "make" a nice chart before the next push up. My prediction is that the next push up will happen in November and till CNY next year with a target price of RM 1.40 and should this happen then the WRT price will be at a dollar level. If the upcoming quarterly result is good and couple with the increase in market value of G3 I believe that my prediction could be realistic and achievable. Time will tell if this is going to happen ....let's see the price level in upcoming CNY

beinvested

2,445 posts

Posted by beinvested > 2019-11-01 08:25 | Report Abuse

If the OS become RM1.40 the return is almost 100%.

Then, the WRT can fetch RM1.00 the return more than 185%. If buy without delaying.

SO, that's the reason why WRTs can attract great interest from investors.

Posted by kniceguy94 > 2019-11-01 17:51 | Report Abuse

The Company is pleased to announce the Memorandum of Understanding ("MOU") signed today with China Mobile Group Device Co. Ltd.

Do refer to the attachment for the details of the MOU.



This announcement is dated 1 November 2019.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/6329225

TecStock

274 posts

Posted by TecStock > 2019-11-01 19:59 | Report Abuse

Cheers to the collaboration with China Mobile Group...

solid

401 posts

Posted by solid > 2019-11-01 20:13 | Report Abuse

Cheers:)

cat lim

1,284 posts

Posted by cat lim > 2019-11-01 20:53 | Report Abuse

Told you all it is GG

goldenluck16

1,956 posts

Posted by goldenluck16 > 2019-11-01 22:01 | Report Abuse

Very good prospect in the coming months with the tie-up with China Mobile Group. Strong buy.

Sky Liew

940 posts

Posted by Sky Liew > 2019-11-02 16:33 | Report Abuse

rm3.38

cat lim

1,284 posts

Posted by cat lim > 2019-11-02 18:29 | Report Abuse

Just a MOU you all jump like monkey

TecStock

274 posts

Posted by TecStock > 2019-11-02 19:57 | Report Abuse

Only cat will jump like monkey..... Hahahaha

KK

1,368 posts

Posted by KK > 2019-11-03 09:22 | Report Abuse

The price of Ifcamsc jump from lowest 28sen to 55 sen highest when Ifcamsc inked a MOU with Huawei HongKong , sharp investor will start analyse if this signed MOU will rally the price of Green Packet . Personally I feel that it will happen as the share price being consolidate for past 3 months which the last rally ended on 31st July , second wave up could begin next week & target price could be achieved earlier due to this unexpected plus factor

Sky Liew

940 posts

Posted by Sky Liew > 2019-11-03 10:27 | Report Abuse

1.2 soon

cat lim

1,284 posts

Posted by cat lim > 2019-11-03 18:19 | Report Abuse

Kk gp also up from 0.4 to 0.7 now

Palmboy92

142 posts

Posted by Palmboy92 > 2019-11-03 20:52 | Report Abuse

Cat lim cant sleep well ,look for so long and scared to enter,at last he missed the chance...bb cat lim

Sky Liew

940 posts

Posted by Sky Liew > 2019-11-04 09:45 | Report Abuse

Still got chance buy o

goldenluck16

1,956 posts

Posted by goldenluck16 > 2019-11-04 09:47 | Report Abuse

Last chance to buy at 73 sen

cat lim

1,284 posts

Posted by cat lim > 2019-11-04 12:50 | Report Abuse

Haha told you all GG already

leeling

101 posts

Posted by leeling > 2019-11-04 14:40 | Report Abuse

wb up mother drop what mean ?

goldenluck16

1,956 posts

Posted by goldenluck16 > 2019-11-04 14:44 | Report Abuse

Very strong support for WB

lilychan

109 posts

Posted by lilychan > 2019-11-04 14:45 | Report Abuse

WB i took profit and joining netx

goldenluck16

1,956 posts

Posted by goldenluck16 > 2019-11-04 14:46 | Report Abuse

GP is still well supported.

Palmboy92

142 posts

Posted by Palmboy92 > 2019-11-04 14:52 | Report Abuse

Gg?didnt u see alot secretly collect at 0.345

KK

1,368 posts

Posted by KK > 2019-11-04 16:43 | Report Abuse

Last chance to collect WB at 0.345

cat lim

1,284 posts

Posted by cat lim > 2019-11-04 21:57 | Report Abuse

Lol. Always said last chance haha

TecStock

274 posts

Posted by TecStock > 2019-11-04 22:39 | Report Abuse

Meow meow cat's mentality......

cat lim

1,284 posts

Posted by cat lim > 2019-11-06 10:33 | Report Abuse

Still collection haha?

Palmboy92

142 posts

Posted by Palmboy92 > 2019-11-06 11:32 | Report Abuse

WB i took profit and joining cat lim

cat lim

1,284 posts

Posted by cat lim > 2019-11-06 20:49 | Report Abuse

Still last chance haha?

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