Please do not worry as once consolidation is over price will be up..difference between a loser and winner is a winner is dare to take the risk when there is a opportunity arise
How can the price of WB is in a premium now when the mother price is dropping? Obviously it is guarded by the institutional fund at a chosen price level
Bros,we need think why big players keep convert their warrant although the premium is expensive and expired date still far enough, something brewing,what i can said is positive sign.
oskvi sangat handal :) OSK Equity a major shareholder in Green Packet, Handal
The Editor
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TheEdge
March 13, 2014 12:35 pm 08
KUALA LUMPUR (Mar 13): OSK Equity Holdings Sdn Bhd has emerged as a major shareholder in Green Packet Bhd and Handal Resources Bhd. Information and communication technology-based Green Packet told the exchange today that OSK Equity had acquired 108.8 million shares for an indirect 15.86% stake in Green Packet on December 24, 2013. "The calculation of total issued and paid-up capital of 685,697,869 ordinary shares of RM0.20 each excludes treasury shares of 4,707,700. "The company (Green Packet) received this notification on 12 March 2014," Green Packet said. According to Green Packet, OSK Equity owns the stake via OSK Ventures International Bhd which in turn is the holding company of OSK Technology Ventures Sdn Bhd. Meanwhile, crane builder Handal said OSK Equity had purchased nine million shares for an indirect 5.64% stake in Handal. Handal said in a statement to the bourse that OSK Equity had also acquired the stake on December 24, 2013 via OSK Capital Partners Sdn Bhd. OSK Capital is a unit under OSK Ventures. "The notice of interest of substantial shareholder by OSK Equity Holdings Sdn Bhd was received on 13 March 2014," Handal said.
Green Packet Bhd has returned to profitability in 3QFY19 after 10 loss-making quarters, with a net profit of RM5.6 million, from a net loss of RM13.6 million last year. Revenue doubled to RM185.61 million, from RM92.44 million last year, buoyed by growth in its solutions (468%), digital services (125%), and communications services (83%) segments.
Technically it has rebounded from oversold position and looks good for immediate term. Same goes to its warrant. You can also can see the operator is back to business (for warrant). If the movement is similar when it climb from 18c-35c (before it falls to 27c), I think this will be another round of push to probably 50c for w and 85-90c for mother.
From the last 3 days, I can say the movement for warrant is very similar if you compared with the previous push. The only differences is the Buying que is about half compared to previous push. (About 1.2 million lots previously vs about 440k lots). So need a bit much more alert this time.
Previously I bought GP(w) at 18c and 20c and sold all at 34c. Now I'm back (bought yesterday at closing price@31.5c). lets see how it goes.
agreed. reached your ROI , BOLEH PERGI BELI XMAS GIFT. IF WARS MACAM USA ATTACKED IRAQ, 9-11 ATTACKS OCCUR, UNRRALISED PROFIT JUGA... dah realised gain, pergilah menyambut Christmas
When it hit ur target and you're satisfied with it, just sell it and be happy with ur gains. Don't bother either is still goes up or down. You can always enter again even if you've to buy at higher price. As long you make profits is good enough.
The reason why I sold at 34c because at that time the pattern is no longer similar. It stucks there for 7-10 days. Usually it will move 0.05-1c every 2-3 trading days. The buying que also reducing from 1.2mil lot to around 350k. So I sense something is not right and it prompt me for an exit. When it falls to 27c I didn't dare to buy and rather watching the pattern the first. Personally I think the operator is back and I think there will another push..slowly. Not for contra play of course.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
goldenluck16
1,956 posts
Posted by goldenluck16 > 2019-11-06 22:24 | Report Abuse
https://www.theedgemarkets.com/article/green-packet-sees-14-stake-crossed-market