Too much of promotions add to suspicion. Forumers generally know the value of a company through research as most information are available. Investors would be very suspicious and generally steer away from obvious, extensive information which does not add any value if they are decades old.
warrant show time. Those Cut off I think will cry.. Look careful this warrant.. Is totally different with other company.. Most like ppl treat it like gamble.. Warrant expired 3.5 years. Why let it go so easily ? UP TIME u mention GOOD STOCK. DOWN TIME U said ppl cheat u ? What u need to know is patient. NO DOWN, WHERE GOT UP..
When people Fear, u need to be Greedy. I bought warrant yesterday n average down batch by batch this morning, from loss 10%+ to now gain more than 10%.Patient is the Gold(^o^)
Heavy Promotion today for warrants. Probably no one buying so operator buy/ sell ownself = play ownself = M*******te. Let operator ownself happy. Stay away from this unscrupulous stock.
Warrant is suppose to be positive la. Where got warrant trade at negative premium one. Wait mother limit down 1 more time the warrant price only then normal at this level
OTHERS EXTENSION OF TIME TO HOLD 18TH ANNUAL GENERAL MEETING
GREEN PACKET BERHAD
Type Announcement Subject OTHERS Description EXTENSION OF TIME TO HOLD 18TH ANNUAL GENERAL MEETING Green Packet Berhad (“GPB” or “the Company”) wishes to inform that the Company had on 20 May 2020 received approval from the Companies Commission of Malaysia (“CCM”) for an extension of time of 90 days to hold the Company’s 18th Annual General Meeting (“AGM”) pursuant to Section 340(4) of the Companies Act 2016 amidst Covid-19 and the implementation of the Movement Control Order (“MCO”) and the Conditional Movement Control Order (“CMCO”) imposed by the Government of Malaysia effective 18 March 2020 to 9 June 2020.
As such, the original deadline of 30 June 2020 to hold the Company’s 18th AGM is now extended by 90 days to 28 September 2020.
GPB will announce the appropriate date to convene the Company’s 18th AGM and the issuance of its Annual Report 2019 together with the Notice of AGM in due course. The deadline for the issuance Annual Report 2019 had been extended to 30 June 2020 from 30 April 2020 pursuant to the extension of time for issuance of annual reports granted by Bursa Malaysia Securities Berhad ("Bursa") to all affected companies as announced by Bursa on 16 April 2020 in light of the MCO.
Guys, I'm new to warrant and would like to clear my doubts. So if I buy 100 lots of gpacket warrant at RM0.28 = RM2800, and the strike price is RM 0.4, conversion ratio is 1:1 right, and now the mother share let's say selling at RM 1, then why everybody is not buying warrants and converting the warrants to mother shares to earn? (Profit = (RM1- RM0.04)x 10000 shares - RM2800)
@heretolearn Conversion takes time (maybe 2 weeks). 2 weeks later the price may not be the same and if everyone also convert then the mother share will be diluted and the price will be even lower
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....
Victor Yong
8,271 posts
Posted by Victor Yong > 2020-05-20 14:44 | Report Abuse
if few days later, tencent emerges as a major shareholder of gpacket, harga melambung lagi :)