Posted by LearningInvestor > 2020-02-23 12:28 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/02/22/kendall-court-raises-stake-in-green-packet-to-over-10 . In the article, it says "The PE firm also noted that Green Packet was on the right trajectory to ready itself for digital bank opportunities" . So I wonder whether the Kiplepay and Bank Islam Malaysia Bhd launched the KipleUNl programme would indicate their longer term strategy to get ready for digital bank opportunities ??? Any comments

Posted by Newbieee > 2020-02-24 11:45 | Report Abuse

Exercise gpacket wa is 0.400 to mother
Now mother support 0.850 so strong. As Kendall court acquired at price 0.850 if I’m not mistaken

Wonder why warrant holder so terrify sell to 0.370...

Anyone explain plsssss

Posted by Newbieee > 2020-02-24 11:47 | Report Abuse

By right warrant market value should be in 0.450 still..

Cheap buy and under value warrant still..

Posted by John Rambo > 2020-02-24 15:32 | Report Abuse

political changes.. will it effect gp

Posted by BetterTomorrow > 2020-02-24 23:21 | Report Abuse

newbieeee, warrant drop because they are selling Kendal court is not actual equity fund , that why call private equity . the fund suppose used to buy company which has not been listed

Posted by BetterTomorrow > 2020-02-24 23:23 | Report Abuse

after they finish sold wb, mother will drop unless they has real operating profit , what they claim all are projection , may or may not happen

Posted by calvintaneng > 2020-02-24 23:30 | Report Abuse

Safer to buy Opcom, Redtone of Netx as prices still cheap

Posted by speedinvest > 2020-02-25 16:17 | Report Abuse

So fast downtrend , where all the buyers ?

Posted by John Rambo > 2020-02-25 17:00 | Report Abuse

speedinvest.. last time u said got insider news.. can go up to rm1

Posted by The speculators The speculators > 2020-02-25 18:46 | Report Abuse

Sure will up , Very soon

Posted by miss_secret > 2020-02-27 15:08 | Report Abuse

what happened?

Posted by EatCoconutCanWin > 2020-02-28 17:10 | Report Abuse

omg..why loss money...aduih...

Posted by John Rambo > 2020-02-28 17:54 | Report Abuse

about politics.. wait until new goverment arise.
if not no hope to rise!!!!

Posted by 817065 > 2020-02-28 18:54 | Report Abuse

The Q4 results just out. Don't be misled by the losses in in Q4 bcos in Q3 there was fair value gains on revaluation of investment of RM21.6 millions. Also in Q4 there were impairment losses on goodwill and intangible assets totalling RM 8 millions. so, if you exclude the above non operating items, Q4 operating results are about the same as Q3 operating results.

Posted by mf > 2020-02-28 18:55 |

Post removed.Why?

Posted by The speculators The speculators > 2020-02-28 19:24 | Report Abuse

817065 u are right

Posted by tommylee223 > 2020-02-28 22:04 | Report Abuse

817065 the QR result is good or not

Posted by The speculators The speculators > 2020-02-29 16:12 | Report Abuse

Is the same with qr 3

Posted by tommylee223 > 2020-02-29 20:47 | Report Abuse

sell or hold??

Posted by Ramboone > 2020-02-29 22:19 | Report Abuse

817065....Thanks.

Posted by 817065 > 2020-03-01 11:52 | Report Abuse

tommylee223........The Q4 results (after excluding non operating items) are almost the same as the Q3 results except that turnover is continuing to increase significantly. That is a positve development. In fact the turnover has been increasing significantly every quarter in 2019.
However people invest in this company for its future potential in cashless revolution and digital banking. That's why private equity Kendall Court further increased its stake in the company to 10.2 % recently.

Posted by 817065 > 2020-03-01 18:11 | Report Abuse

As far as the fundamentals of this company is concerned, it presently has not changed but it's future may be bright if it can execute its " white label e-wallet" licence, digital banking, etc.

Posted by tommylee223 > 2020-03-03 14:13 | Report Abuse

ok tqvm 817065

Posted by BetterTomorrow > 2020-03-05 13:32 | Report Abuse

tough as too high competition, will be like another wimax

Posted by investor_83 > 2020-03-06 19:08 | Report Abuse

Well said, prince4

Posted by 817065 > 2020-03-07 14:18 | Report Abuse

Gpacket will join venture with relevant partners to win a digital banking license from Bank Negara.

Posted by Ramboone > 2020-03-07 14:29 | Report Abuse

https://www.klsescreener.com/v2/news/view/648340

Posted by 817065 > 2020-03-07 17:06 | Report Abuse

Kendall Court

Posted by 817065 > 2020-03-07 17:09 | Report Abuse

Kendall Court will be assisting Gpacket to tie up with suitable partners to apply for a digital banking licence.
Once awarded, the digital banking license will be worth millions.

Posted by 817065 > 2020-03-07 17:09 | Report Abuse

Bank Negara will only issue 5 digital banking licences.

Posted by BetterTomorrow > 2020-03-09 15:17 | Report Abuse

Kendall court is Victor chin , hahaha

Posted by BetterTomorrow > 2020-03-09 15:18 | Report Abuse

don't dream of it, any one will be stronger than GP, touch n Go, Grab, Revenue , etc

Posted by wong > 2020-03-10 19:23 | Report Abuse

today green bean soup

Posted by speedinvest > 2020-03-11 14:17 | Report Abuse

Don’t look positive now. Hopefully don’t become hot green bean soup.

Posted by John Rambo > 2020-03-12 10:46 | Report Abuse

doom!!! hot pot coming

Posted by speedinvest > 2020-03-13 09:07 | Report Abuse

Buyers likely saving themselves , likely will become hot green bean soup

Posted by John Rambo > 2020-03-13 09:43 | Report Abuse

mega sale

Posted by prince4 > 2020-03-13 11:00 | Report Abuse

Covid-19 make economy slown down fundamental company will metamorphism and company with high debt will the time to collapse.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold.
market stock RM5.00 drop to RM 2.00 ,followed RM2.00 drop RM1.00,followed RM1.00 drop to 50 cent,followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10cent drop to bottom.
High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks sharks will goreng lows price stock at bottom..

Posted by onlyhuat888 > 2020-03-22 17:28 | Report Abuse

followed 50 cent drop to 20cent i agree this....
when 45 cent buy will call red packet when 20 cent buy will call green packet

Posted by mf > 2020-03-22 17:29 | Report Abuse

Statistik COVID-19 WHO di seluruh dunia, 22 Mac 2020.

Kematian seluruh dunia melebihi 12K dgn purata kadar kematian 4.2%.

Kematian di Itali tertinggi di dunia menghampiri 5K dgn kadar kematian 9%, tertinggi di dunia.

Kes di AS meningkat mendadak melebihi 26,000.

Posted by Victor Yong > 2020-04-03 16:28 | Report Abuse

Open door for these investors to invest more cheaply :)


KENDALL COURT MADAM LIMITED 19-Feb-2020 Acquired 35,000,000 0.000 View Detail
SUMMIT SYNERGY LIMITED 19-Feb-2020 Acquired 35,000,000 0.000 View Detail

Posted by Victor Yong > 2020-04-03 16:31 | Report Abuse

It has fallen too much... expecting to rebound soon... expecting a new investor for the new additional shares to be placed out this year. If the new shareholder is Alibaba or lazada, i think the share will fly higher than previously too :) fingers crossed.

Recent Prices
Date Open Range Close Change Volume
02/04/2020 0.475 0.475 - 0.495 0.49 +0.02 (4.26%) 1,293,900
01/04/2020 0.48 0.47 - 0.505 0.47 -0.02 (4.08%) 1,917,600
31/03/2020 0.485 0.475 - 0.50 0.49 +0.01 (2.08%) 1,804,200
30/03/2020 0.485 0.45 - 0.485 0.48 -0.005 (1.03%) 1,238,900
27/03/2020 0.47 0.465 - 0.515 0.485 +0.025 (5.43%) 2,277,300
26/03/2020 0.46 0.45 - 0.47 0.46 -0.01 (2.13%) 699,100
25/03/2020 0.47 0.44 - 0.485 0.47 +0.015 (3.30%) 1,782,200
24/03/2020 0.425 0.425 - 0.455 0.455 +0.035 (8.33%) 749,900
23/03/2020 0.45 0.395 - 0.45 0.42 -0.035 (7.69%) 961,000
20/03/2020 0.425 0.425 - 0.47 0.455 +0.02 (4.60%) 1,557,500
19/03/2020 0.45 0.42 - 0.52 0.435 -0.02 (4.40%) 1,118,200
18/03/2020 0.52 0.455 - 0.52 0.455 -0.06 (11.65%) 939,900
17/03/2020 0.455 0.455 - 0.525 0.515 -0.025 (4.63%) 1,959,100
16/03/2020 0.53 0.495 - 0.545 0.54 -0.05 (8.47%) 3,959,700
13/03/2020 0.595 0.54 - 0.605 0.59 -0.04 (6.35%) 3,384,500
12/03/2020 0.625 0.59 - 0.64 0.63 -0.015 (2.33%) 6,100,500
11/03/2020 0.645 0.63 - 0.65 0.645 -0.005 (0.77%) 1,742,200
10/03/2020 0.625 0.61 - 0.65 0.65 +0.015 (2.36%) 7,621,800
09/03/2020 0.68 0.605 - 0.68 0.635 -0.06 (8.63%) 9,641,800
06/03/2020 0.675 0.67 - 0.695 0.695 0.00 (0.00%) 3,924,200

Posted by Victor Yong > 2020-04-03 16:34 | Report Abuse

Share placement to Alibaba or Lazada , hopefully. All online payment on its online platform via kiple :) great sinergy :)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING GREEN PACKET BERHAD ("GPB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF GPB
GREEN PACKET BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description GREEN PACKET BERHAD ("GPB" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF GPB
We refer to the earlier announcements in relation to the Private Placement. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.



On behalf of the Board, RHB Investment Bank wishes to announce that Bursa Securities had vide its letter dated 17 March 2020 (which was received on 18 March 2020), granted an extension of time until 25 September 2020 for GPB to complete the implementation of the Private Placement.





This Announcement is dated 18 March 2020.

Posted by Victor Yong > 2020-04-03 16:39 | Report Abuse

I think very fast , back to around 55-65sen :)

Date Close
02/04/2020 0.49
01/04/2020 0.47
31/03/2020 0.49
30/03/2020 0.48
27/03/2020 0.485
26/03/2020 0.46
25/03/2020 0.47
24/03/2020 0.455
23/03/2020 0.42
20/03/2020 0.455
19/03/2020 0.435
18/03/2020 0.455
17/03/2020 0.515
16/03/2020 0.54
13/03/2020 0.59
12/03/2020 0.63
11/03/2020 0.645
10/03/2020 0.65
09/03/2020 0.635
06/03/2020 0.695

Posted by Victor Yong > 2020-04-03 16:56 | Report Abuse

KEEP SOME LIKE THEM :)

Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
19 Feb 2020 Acquired
35,000,000 KENDALL COURT MADAM LIMITED
19 Feb 2020 Acquired
35,000,000 SUMMIT SYNERGY LIMITED
27 Sep 2019 Acquired
65,000,000 KENDALL COURT MADAM LIMITED
27 Sep 2019 Acquired
65,000,000 SUMMIT SYNERGY LIMITED

Posted by Victor Yong > 2020-04-03 17:04 | Report Abuse

if not due to the virus issue, gpacket should be above RM1 now, i guess :)
No wonder, foreign long term investors acquired stake in it.

Sales level is growing by leap and bound, profitability should follow pretty soon :)
For tech company, this has proven it has a unique selling proposition for its products and services. :)



BNM approves Green Packet subsidiary's white-labelled e-wallet
theedgemarkets.com

February 10, 2020 12:33 pm +08

KUALA LUMPUR (Feb 10): Green Packet Bhd claimed today its wholly-owned subsidiary Kiplepay Sdn Bhd has become the first fintech player in Malaysia to provide a white labelled e-wallet solution with Bank Negara Malaysia's (BNM) approval.

In a statement, Green Packet said that coupled with a payment gateway service, the white labelled e-wallet solution is a key strategic thrust to the group's overall fintech play where it will provide a new revenue stream for the group.

"By setting up and managing a mobile app-based payment solution for third parties, the gross transaction value is expected to increase by 500% over the next two years," Green Packet said.

KiplePay chief executive officer Tan Kay Yen said in the statement it is a big win for KiplePay to get BNM's approval as Kiplepay can now propel the country's cashless agenda further.

"With white labelling services, we can enable and facilitate more businesses, be it for enterprises with a large customer base or small and medium enterprises to launch its own e-wallet.

"Such functionalities include a spectrum of mobile payments, discounts, loyalty rewards, P2P money transfer, data top ups and bill payments can be made available in the e-wallet itself. That will not just give a full control to improve the brand discernibleness and deliver the best users' experience but it also provides business owners better opportunities to interact with their customers and better anticipate the customers' needs and desires," he said.

According to the statement, KiplePay is set to explore and offer white labelling services to more organisations and corporations with large customer base in sectors like insurance, food, retail and transportation. This includes direct selling companies and organisations that prioritise loyalty programmes, it said.

Tan said: "With e-wallet, payment gateway and wallet-as-a-service capabilities, we can now build a broad range of pick and choose functionalities powered by the technology talents, assets, and network of international partners of the Green Packet Group. Ultimately, we strive to use our technology capabilities to help and enable businesses to serve their customers better."

Posted by KAQ4468 > 2020-04-03 17:29 | Report Abuse

Last year on April 30 cents

Posted by Victor Yong > 2020-04-04 00:58 | Report Abuse

Private placement can be offered to China Mobile :)

COLLABORATION AGREEMENT ENTERED INTO BETWEEN GREEN PACKET (S) PTE
LTD AND CHINA MOBILE GROUP DEVICE CO. LTD.
1) INTRODUCTION
We refer to the earlier announcement dated 1 November 2019, on the Memorandum
of Understanding made between Green Packet Berhad (Company No. 534942-H) and
China Mobile Group Device Co. Ltd (Company No. 911101147649695168) of 32
Xuanwumen West Street, Xicheng District, Beijing 100053, China.
On 13 November 2019, Green Packet (S) Pte Ltd (Company No. 200919726H)
(“Company”), a wholly owned-subsidiary of Green Packet Berhad has entered into a
Collaboration Agreement (“Agreement”) with China Mobile Group Device Co. Ltd
(Company No. 911101147649695168)of 32 Xuanwumen West Street, Xicheng
District, Beijing 100053, China (collectively referred to as “Parties”) whereby both
Parties will collaborate to promote, sell and distribute each other’s Products and
Services globally, subject to the terms and conditions of this Agreement.
The Parties may mutually agree to add, reduce, or vary globally and such addition,
reduction or variation shall take effect immediately from the date agreed by both
Parties.
This Agreement is valid for a duration of (1) year (“Initial Term”) and will be
automatically renewed for a further period of twelve (12) months from the expiry of the
Initial Term, and thereafter be automatically renewed for successive term of twelve (12)
months each, unless terminated in accordance with this Agreement.
2) SALIENT KEY OBLIGATIONS OF THE PARTIES
Distributing party’s obligations
Distributing Party will use its best effort to market and sell the Product & Services. The
obligations shall include the following: -
(a) Distributing Party will engage in sales promotion activities, which promotion
activities will include, without limitation, prospecting, sales presentations,
demonstrations, industry and association convention attendance and distributing
printed material supplied by the Supplying Party to current and potential
customer;
(b) Promptly respond to all communications by customers and/or potential
customers regarding the Product & Services; and
(c) Not to make any representations to customers or to give any warranties other
than those contained in any standard terms and conditions laid down by the
Supplying Party from time to time.
Supplying party’s obligation
In order to assist the Distributing Party in carrying out its duties under this Agreement,
Suppling Party shall provide the following: -
▪ Sales and Service Assistance. Suppling Party will provide sales and service
assistance to Distributing Party as and when required by Distributing Party.
▪ Sales and Technical Material. Suppling Party will provide Distributing Party with
sales and technical materials regarding the Product & Services, at Suppling
COLLABORATION AGREEMENT ENTERED INTO BETWEEN GREEN PACKET (S) PTE
LTD AND CHINA MOBILE GROUP DEVICE CO. LTD
Party's sole expense and in quantities to be established by Supplying Party. All
such materials furnished by Supplying Party to Distributing Party will remain the
property of Supplying Party and Distributing Party does not have any proprietary
rights to such materials.
▪ Order fulfilment. Supplying Party shall fulfil its commitment to supply the Product
& Services pursuant to purchase order issued by Distributing Party.
▪ Technical Assistance. Supplying Party will provide and make available the
technical support and services in the manner and at the time the Parties
considers appropriate under the circumstances to ensure uninterrupted
business engagement activities with customers.
▪ Training. Supplying Party will enrol an agreed upon number (minimum of 2) of
representatives of the Distributing Party in sales and/or service training courses
offered by Supplying Party concerning the Product & Services as required for
Distributing Party to achieve and maintain the level of technical familiarity and
service capability with the Product & Services required by this Agreement.
Sales training is available for no additional charges. Expenses incurred by the
Distributing Party for sales and service training, including but not limited to
travel, living, and board will be the responsibility of Supplying Party.
▪ Limited Warranty of Product. Supplying Party shall provide limited warranty on
Product as may be agreed separately between the Parties.
3. DOCUMENT AVAILABLE FOR INSPECTION
This Agreement is available for inspection at the registered office of Green Packet at
Level B-23A-3, The Ascent Paradigm, No.1, Jalan SS 7/26A, Kelana Jaya, 47301
Petaling Jaya, Selangor.
This announcement is dated 13 November 2019.

Posted by Victor Yong > 2020-04-04 01:03 | Report Abuse

Green Packet Bhd saw 47.2 million shares, or a 5.1% stake, worth RM40.36 million change hands, Bloomberg data shows.

Filings with Bursa show that on Feb 19, 2020, Summit Synergy Ltd acquired 35 million Green Packet shares for 85 sen apiece, or a total transaction value of RM29.75 million. This brought its stake in the company to 100 million shares, or a 10.8% stake. Summit Synergy is the vehicle of Singapore-based private equity firm Kendall Court.

On Feb 10, Green Packet announced that its subsidiary Kiplepay Sdn Bhd had become the first fintech player in Malaysia to provide a white-labelled e-wallet solution with Bank Negara Malaysia’s approval.

Posted by Victor Yong > 2020-04-04 09:28 | Report Abuse

Nobody wanted an epidemic to happen and we can only hope it will never happen again in our lifetime. But in every crisis, there are always opportunities, only for those who are prepared.

The global stock market has hit the RESET button.

In other words - they are a bargain now! There is so much money at the sidelines right now and when COVID-19 is under control - the funds will just pour back into the companies who are doing well and take their stock prices to even greater heights.

However, you need to be selective to understand which stock can survive this crisis and emerge stronger.

So if you want to prepare yourself for these opportunities,