Posted by 晓雨霖 > 2020-05-20 11:12 | Report Abuse

@MingGoon where r u?r u still there?

Posted by Victor Yong > 2020-05-20 11:16 | Report Abuse

yesterday, tumbled after lunch break, today, berbeza pulak. wait n see :)

Posted by beachboy > 2020-05-20 11:25 | Report Abuse

yum yum .. sapu a bit

Posted by 晓雨霖 > 2020-05-20 11:26 | Report Abuse

convertor to COMFORT byebye

https://koonyewyin.com/2020/05/20/comfort-price-correction-overdone/

Posted by freetrade > 2020-05-20 11:30 | Report Abuse

I read the news when price at Rm1.150..convert to Comfort suddenly have vaccine for virus then cost value drop more. .

Posted by investorbat > 2020-05-20 11:42 | Report Abuse

GP likely will team up with BIMB and Tencent's WEBANK(Tencent's subcidiary) to bid for Digital Banking Licence. WEBANK valuation approximates usd $21b

Posted by maximus . > 2020-05-20 11:42 | Report Abuse

this is a company with gd prospect la..just tht the shark participate..tht y kenA play up and down....after shark go away...gp will rise again

Posted by investorbat > 2020-05-20 11:42 | Report Abuse

https://www.theasianaffairs.com/malaysia/2020/05/18/the-rising-of-a-digital-bank-by-green-packet-in-becoming-a-global-financial-entity/

Posted by freetrade > 2020-05-20 11:46 | Report Abuse

Shark not the boss? my the big sharks participate must asked the boss together earn big money rnot meh?

Posted by kenie > 2020-05-20 11:47 | Report Abuse

HE HE

Posted by freetrade > 2020-05-20 11:47 | Report Abuse

investorbat, this is those news i read.. very impressive la.

Posted by Joe Ng > 2020-05-20 11:48 | Report Abuse

gotta wait for concrete profit to come out baru rocket

Posted by maximus . > 2020-05-20 11:48 | Report Abuse

not only one shark in each counter one ba

Posted by investorbat > 2020-05-20 11:50 | Report Abuse

webank is doing digital banking in china now,please google.if GP wants to bid for the licence,requirement paid up $100m,so must corporate with webank or Bimb

Posted by Victor Yong > 2020-05-20 11:52 | Report Abuse

TRUST KENDALL OK :)

Kendall - OUR TEAM
director
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.

GPACKET] Change In Substantial Shareholder's Shareholding - KENDALL COURT MADAM LIMITED on 21-Feb-2020
Stock [GPACKET]: GREEN PACKET BHD
Announcement Date 21-Feb-2020
Substantial Shareholder's Particular:
Name KENDALL COURT MADAM LIMITED
Details of Changes:
Currency -
Date of Change Type Number of Shares
19-Feb-2020 Acquired 35,000,000
Registered Name GRANDSTEAD SDN BHD PLEDGED SECURITIES ACCOUNT FOR SUMMIT SYNERGY LIMITED
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares ORDINARY SHARES
Reason ACQUISITION OF SHARES VIA DIRECT BUSINESS TRANSACTION
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 100,000,000
Indirect (%) 10.80
Total (units) 100,000,000
Total (%) 10.80
Date of Notice 21-Feb-2020

Posted by BetterTomorrow > 2020-05-20 11:53 | Report Abuse

Small company big dream

Posted by investorbat > 2020-05-20 11:54 | Report Abuse

https://fintechnews.my/23067/virtual-banking/li-ka-shing-backed-amtd-seeking-digital-banking-license-in-malaysia/

Posted by freetrade > 2020-05-20 11:54 | Report Abuse

Maybe GP washing the sharks...?? don know.. then we are the victim la.. they cannot sit down and have win win solutions. so to take care investors and company image.

Posted by investorbat > 2020-05-20 11:55 | Report Abuse

singapore company and lee ka sing all looking for malaysia digital licence

Posted by Victor Yong > 2020-05-20 11:59 | Report Abuse

History - Direct Biz transactions (GP Warrants) ;)

Date Price Change Dir-Volume Day Volume Dir-Value Day Value Avg Price % of Total Share Remarks

18/05/2020 00:00:00 0.4500 -0.0150 3.000m 23.000m 1.350m 10.350m 0.4500 0.7083 -

18/05/2020 00:00:00 0.4500 -0.0150 20.000m 23.000m 9.000m 10.350m 0.4500 4.7217 -

Posted by Victor Yong > 2020-05-20 12:03 | Report Abuse

Kendall Court started in 2004. The 3 founding partners were the only employees of the firm. At the end of 2017, we have deployed, invested and managed over US$500 million across Southeast Asia. We started with assets under management of US$35 million. We have a presence in Indonesia, Singapore, Philippines and Malaysia. We have won several key industry and regional awards for our investments, operations and performance.

Kendall Court focuses its activities in the private equity space. We are a long-term investor and our capital is privately sourced. Our existing funds and managed accounts focus on investing in hybrid securities ranging from straight debt, convertible bonds, preference shares and straight equity. We are a growth capital provider, first and foremost. In line with our drive, our ultimate and primary purpose in investing is to contribute to the development and betterment of society, within our circle of influence. We care a lot about risk adjusted returns and recognize that the best investing structure is to attain equity returns with debt like risk. We will actively assist our investees but the fundamental premise is work alongside good solid management be it sponsors or employees and grow together.

We believe that capital, when employed wisely through business, plays an instrumental role (if not the most instrumental in certain cases) in developing people, markets and economies. A rising tide lifts all boats, and the tide is raised by capital. Our capital has to be sustainable, however. And that means that we will always still be engaged in the profit motive because Kendall Court and our investors need to be sustained through our profits. To sum up, we borrow a line from Paul Krugman, the 2008 Nobel laureate in Economics, who states, "You could say – and I would – that globalization, driven not by human goodness but by the profit motive, has done far more good for far more people than all the foreign aid and soft loans ever provided by well-intentioned governments and international agencies.”

Our goal is to become a premier investment partnership. To achieve that goal, we need to consistently deliver superior risk adjusted returns to our investors in a sustainable way. We seek to make money responsibly. How do we achieve our goal?

We achieve our goal through sustainable investing. We create sustainability through focusing on 3 pillars. The first is human capital. The second is our disciplined focus on bottoms-up fundamental analysis. The third is our holistic achievement of all our stakeholders’ needs. By constantly striving to elevate the quality of our pillars, sustainability is created.

Why do we do what we do?

We started with a basic purpose of maximizing wealth, both for our investors and ourselves. However, as the journey continues, we find ourselves also connecting to a higher purpose – a higher purpose that resonates with our own personal values.

This higher purpose has to do with service. It is the realization that even in business, we need service to be the primary driver of our actions. Our higher purpose, therefore, is about using our significant investment platform to service the people, markets and economies in our targeted geographies. Our higher purpose, which becomes the ultimate purpose of Kendall Court, is to provide some element of development and betterment in the lives of the people whom our capital would have touched.

Our drive is best summarized in the vision statement of Kendall Court, as follows:

“To uplift the human conscience through business by becoming the premier investment partnership focused on achieving superior risk adjusted returns and investing its capital to develop people, markets and economies in accordance with the highest standards of ethical accountability.”

Posted by Victor Yong > 2020-05-20 12:04 | Report Abuse

KENDALL COURT :)

To us, sustainable investing is achieved when we constantly strive to elevate the quality of the 3 primary pillars of our operations.

The first pillar is our human capital. Gary Becker, who won the 1992 Nobel prize in Economics and who is one of the world’s foremost experts on human capital, states that 75% of the value of a modern economy lies in its human capital. In our day to day activities, we cannot help but realize how true this precept is. Especially for an asset light and knowledge-based services company like Kendall Court, human capital is the most fundamental aspect of our platform.

The second pillar is our disciplined focus on bottoms-up fundamental analysis. We are not short term traders. As a long-term investor and a micro investor, our primary task is to understand our investees and their sector dynamics from the ground up. This is the only way for us to gain sufficient insight into the risks and opportunities offered by our long-term investments. Our success is directly proportional to the amount of effort we spent building on our knowledge and intuition. There are no shortcuts.

The third pillar is our holistic achievement of all our stakeholders’ needs. Our business cannot truly be called sustainable until we truly understand what each of our stakeholder needs. Our stakeholders start internally with ourselves (yes, our own individual needs), our investors and our employees, and subsequently radiate outwards touching on everyone our business comes into contact with. This obviously includes our investees, service providers, intermediaries and indirectly the stakeholders of our stakeholders.

When we begin to map our stakeholders’ needs, it becomes virtually impossible to ignore the environmental, social and governance (ESG) aspect of investing. For the reality of living in the 21st century, with its myriad of environmental, social and governance problems, requires that business be conducted in a way that stops the propagation of those problems. Our society demands it. Our stakeholders demand it. But most importantly, our personal ethics demand it.

We have witnessed first-hand the effectiveness of adopting a strong ESG mindset in business. Adopting the mindset is like switching on a light bulb. Once switched on, it immediately illuminates all the problem areas in a company’s operation. All companies have problems, big or small. Their causes vary. Having an ESG mindset is very effective in identifying problems which are created either out of lack of long-term care, convenience or a wasteful mentality due to false assumptions of abundance. When implemented genuinely, an ESG mindset is a very effective tool for:

• reducing waste and hence costs;
• spurring creativity, thinking in-the-round and out of the box, leading to potential new revenue sources;
• creating a more meaningful re-engagement with suppliers and customers based on their needs, thereby materializing potential P&L benefits;
• creating a more inspired workforce and a stronger human capital;
• recalibrating risk based on a proper and honest assessment of business risk mitigation; and
• increasing the value of the overall business from the implementation of all of the above.

Kendall Court has taken active steps to promote sustainable investing through active ESG promotion. We have streamlined all our operating protocols to include an ESG awareness; developed ESG toolkits to be used for screening and monitoring investments; trained the people in our organization, as well as our investees and service providers on acquiring an ESG mindset through workshops conducted by recognized regional ESG experts; trained our investment team in ESG risks and opportunities specific to the coal and gold mining, palm plantations and oil and gas sectors; trained our human capital in conscious business, that is conducting business by promoting the intelligent pursuit of happiness in all its stakeholders and expressing our essential values through our work – all in our efforts to reap the full benefits of sustainable investing.

In conclusion, we are firm believers that incorporating sound ESG principles across our investment platform is the only way to go. In more ways than one, we are a genuine capital partner to businesses who are willing to better its ESG framework. With just a little extra effort, it is in plain sight for all to see that ignoring ESG principles can be very detrimental to a business. Managers can be blindsided by unexpected business and brand failures such as tainted products, worker suicides or severe regulatory fines for environmentally damaging business practices. On the other hand, managers who have made genuine efforts to care and raise their ESG-conscious practices are much more equipped to mitigate risks and seize on new opportunities. Kendall Court works to assess, monitor and execute improvements to our own ESG footprint, as well as our investees’.

Posted by Victor Yong > 2020-05-20 12:06 | Report Abuse

KENDALL COURT :p

First and foremost, we are a provider of growth capital. Through growth, we intend our capital to achieve some measure of development and betterment of society in our target markets.

We invest using hybrid private instruments to invest directly into public or private companies. Our capital either (i) ranks junior to senior debt and ranks senior to common equity, or (ii) takes elements of debt (can be senior) and equity components in its issuance. We remain active in the businesses we invest into and ensure that our structuring takes into account the interests of both investors and investees - offering the most optimal risk-reward structure in what we invest into.

Our investment parameters are listed below. We invest in the middle market in Southeast Asia. We generally tend to stay away from auctioned deals where we have little pricing leverage. We employ a partnership based approach, so we will never do hostile deals. Our most important qualitative parameter is the creditworthiness and integrity of the management and controlling shareholders – we have a very low threshold and tolerance level for this principle.

We will be doubly enthusiastic with companies placing a premium on human capital development and quadruply repelled vice versa.

We look to assist our companies in raising their awareness on environment, social and governance matters, thereby increasing the valuation of our investments and mitigating our risks at the same time.

tools
INVESTMENT PARAMETERS
Minimum investment size: US$7.5 mm
Investee Size < US$15 mm
Currency: US$
Stage preference: Growth
Preferred duration: 3 – 5 years
Typical instruments: Convertible debt, preferred equity
Governance requirement: CDC Investment Code or similar

Posted by Victor Yong > 2020-05-20 12:08 | Report Abuse

ada kendall court punya orang sebagai penasihat, dll. :)


Kendall Court works to assess, monitor and execute improvements to our own ESG footprint, as well as our investees’. A willingness to strive towards ESG improvements is a prerequisite for investees to receive our capital, and Kendall Court will come in as a value added partner to enhance this core aspect.

Posted by BetterTomorrow > 2020-05-20 12:12 | Report Abuse

Run dont touch so many counter here, uwc notion anytime far far better

Posted by freetrade > 2020-05-20 12:13 | Report Abuse

now up a bit.. hold or just cut loss to save some money>?

Posted by BetterTomorrow > 2020-05-20 12:13 | Report Abuse

Don't touch this counter, there are many companies in malaysia

Posted by freetrade > 2020-05-20 12:16 | Report Abuse

不

Posted by freetrade > 2020-05-20 12:16 | Report Abuse

不

Posted by freetrade > 2020-05-20 12:17 | Report Abuse

不干 心

Posted by Victor Yong > 2020-05-20 12:22 | Report Abuse

more than 100 mil unit warrants traded. a major shareholder might emerge if he/she exercises the warrants and convert to mother shares

Posted by Victor Yong > 2020-05-20 12:30 | Report Abuse

after lunch, surge bukan tumble macam yesterday, kan? :)


China eyeing Malaysian companies to expand 5G tech
Author: savemalaysia | Publish date: Tue, 19 May 2020, 11:46 AM

KUALA LUMPUR: A giant telecommunications group from China is betting on Malaysia to expand its fifth generation (5G) technology and is eyeing several companies here to help build the network.

Sources said the Chinese group was investing billions of ringgit on 5G technology this year, despite the Covid-19 pandemic.

"They are seeking partners with 5G capabilities and have targeted a few companies here. They hope to start talks post-movement control order," said a source.

It is understood that the group was looking at Green Packet Bhd and XOX Bhd, which are 5G-ready.

Green Packet's shares rose to a new multiple-year high yesterday, gaining as much as 23 sen or 19.01 per cent to RM1.41- a level last seen in 2010.

XOX, which has about RM35 million cash on hand, currently offers the most competitive and innovative 4G data plan, and is focusing to build 5G infrastructure in the region.

The company's shares surged 11.11 per cent amid active trading on Friday to close at five sen, giving it a market capitalisation of RM54.62 million.

The counter increased one sen with 154 million shares traded.

Early this year, XOX partnered with Advance Tech Communication Sdn Bhd (ATC) to launch 4G and 5G smartphones, with additional satellite communication capabilities termed XPLORE.

XOX will be the first telco to market and distribute the products to its users across Southeast Asia.

Its executive director Steve Tan has said that the company aimed to provide a unified network plan by integrating XOX's prepaid plans and messaging platform with ATC's extensive satellite emergency services.

"XOX is a good target for investors. XOX is ranked fifth in the telecom sector and is the number one MVNO company in Malaysia with current customer base reaching almost three million, including prepaid and post paid mobile phone users.

"The stock is relatively very cheap. It is currently the cheapest telecom stock on the local bourse and has potential upside," the source said.

Last month, XOX inked an agreement with DGB Asia Bhd to collaborate in the deployment of up to 1,000 next generation AI vending machines.

This move is in line with XOX's strategy to focus on different silos of its business to build up its revenue streams.

An analyst who spoke on condition of anonymity said telecom stocks were expected to rally as the sector was making handsome profits amid the Covid-19 pandemic.

"Valuations of telecom stocks are becoming attractive again and the sector is expected to grow at an accelerated rate with the current shifts happening in digital landscapes such as 5G, the Internet of Things and artificial intelligence.

"If you look at Maxis, Celcom and DiGi, the stocks are all up. We can expect a new high in telecom stocks this year," he said.



https://www.nst.com.my/business/2020/05/593721/china-eyeing-malaysian-companies-expand-5g-tech

Posted by Victor Yong > 2020-05-20 12:58 | Report Abuse

strongly believe the warrant price will rise further to reduce the negative premium % at 31.82% now.... crazily abnormal. after lunch break, expected more dramas :)


Date GP Mother Share GP Warrant Negative Premium (- 40sen conversion)

May 20 0.99 0.275 31.5 sen

May 19 1.02 0.265 35.5 sen

May 18 1.44 0.465 57.5 sen

May 15 1.21 0.465 34.5 sen

May 14 0.97 0.46 11 sen

May 13 0.88 0.395 8.5 sen

May 12 0.885 0.445 4 sen

Posted by Victor Yong > 2020-05-20 13:02 | Report Abuse

the negative premium for the warrant was ~ -4.5% only on May 12, now ballooned to -31.82% as at now.

Thus, warrant price should rise further :)

Wait till after lunch break.... to see any corrective action tak :)

Posted by Kingston1 > 2020-05-20 13:03 | Report Abuse

Buying time?

Posted by Victor Yong > 2020-05-20 13:06 | Report Abuse

I will focus on the warrant now till the negative premium for the warrants narrow to a single digit variance :)

@Kingston1 Buying time?
20/05/2020 1:03 PM

Posted by Q > 2020-05-20 13:09 | Report Abuse

Buy Warrant

Posted by mf > 2020-05-20 13:54 | Report Abuse

20 May | 12:43pmUpdate
Malaysia April CPI down 2.9% — biggest drop in 10 years

Posted by Victor Yong > 2020-05-20 13:58 | Report Abuse

NOSH: 936 Million ordinary shares

Warrants issued : ~450.6mil warrants


Warrants comprise 450.6mil /[ 936mil + 450.6mil x 100%] ~ 32.5% of total number of shares issued if fully exercised at 40sen.


32.5% is quite significant. Whoever holds the warrants could determine who controls gpacket in future.


Do not underestimate the warrants :)

Posted by Victor Yong > 2020-05-20 14:01 | Report Abuse

also, the warrant expiry date is more than 3 years from now, it should be + premium instead of - premium :)

Posted by Victor Yong > 2020-05-20 14:02 | Report Abuse

Just grab the warrant with negative 30%+ premium if you believe in gpacket's future :)

Posted by Palmboy92 > 2020-05-20 14:04 | Report Abuse

Now all grab 0.2xx mean later they will all sold at even lower price

Posted by Victor Yong > 2020-05-20 14:12 | Report Abuse

Smart investors will sell mother shares and buy warrants till the warrant premium reaches a reasonable single digit % variance or those who do not hold the mother share, can just buy the warrant if they believe in GP's future :)

@Palmboy92 Now all grab 0.2xx mean later they will all sold at even lower price
20/05/2020 2:04 PM

Posted by Victor Yong > 2020-05-20 14:16 | Report Abuse

Another possibility, Kendall sapu warrants to increase its stake atau china tech companies wanted to acquire a stake in GP could do it cheaply now via gp warrants. Hope for the best. Remain +

Posted by wildkardz > 2020-05-20 14:17 | Report Abuse

Victor, buy warrant? What about if share price fall further close to warrant exercise price? Drop to 0.60 die lah.
Digital banking in Malaysia would be a small market. Some more BNM has 5 players. Just like our e-pay gateway. How much profit can be made in Malaysia as well? This is not a tech stock like in the US or Singapore.

Posted by Victor Yong > 2020-05-20 14:19 | Report Abuse

The warrants with expiry date about 3.5 years from now is also a good financial tool to obtain control over GP at a much lower cost. Can exercise it later when the need arises

Posted by feimah > 2020-05-20 14:30 | Report Abuse

Wah geng wa still green... Mother red red wor...

Posted by Victor Yong > 2020-05-20 14:39 | Report Abuse

Hope that the recent price rally is due to china company wanted to acquire a stake in GP via open market

Posted by Victor Yong > 2020-05-20 14:40 | Report Abuse

Cheaper via open market for acquisition, recent purchase price paid by Kendall was 85sen per share via placement , correct? :)

Posted by Victor Yong > 2020-05-20 14:42 | Report Abuse

With the recent announcement - proptech, bank Islam stuff blah blah blah digital bank... Really worth a look at gp. Kendall isn't stupid