i agreed to Victor that it could be a investor who accumulated the warrant at a discounted price to acquire the share and become substantial later. This could be subsidiary of tencent. Look at tencent business in China , it won't promote very hard on a foreign game enter into china, unless it has substantial ownership in that game, in additional to commission it get from that game. In gpacket case, tencent would request a substantial shares in gpacket if it want to use it's e kyc services or his digital bank expertise. I bet puan also agreed to it.
people may say that this counter are purely goreng counter.. if you really go through what had been introduced by CEO..
it really going to be good solution especially for government at such condition.. as long as covid 19 don't have the vaccine, this will be the best prevention and solution.. who mentioned before this virus might have 100% cure..
so personally feel that like it or not.. the programme really able to works and will benefit the society
With recent trade war and covid issue..china company may start to explore and investing at other country such as Malaysia.. no doubt political issue at malaysia will be their main concern for foreign investors.. good relationship between china government and Malaysia government may one of reason.. do believe everything are possible. Alibaba also setting up office at bangaar.. why not recent ??
Not trying to misleading anyone.. but just to analyze and sharing my point of view
Kendall won't tolerant a huge investment loss on his portfolio to damage his equity house reputation. It must foresee some future value in the company.
With 923m share capital plus 423m warrant issued, it is not idea to issue any additional share for new investor, pressure to co stock price. Only way is to wash the warrant and mother out. A spiking price party kick off. Hahaha.
Last Friday n Monday huge warrant volume transacted at 46cent around. As such warrant may back n mother drop back bit. Or....mother sharp drop. ( Equivalent not chun chun lah) After all these clear, mother slowly fly again.
The syndicate make money from selling their free WB to u at high price..if u bought wb n exercise it then they will make again from your exercise price...
Can share how he managed to make losses? IF the long term biz is intact, why buy in and sell in this short period. Take a look at some fintech companies which runs digital bank like N26, Monzo, Webank, Revolut, Ant Financial, etc Their valuation are in billions(USD).
Thought Gpacket is small, now with the collaboration with Tencent for e-KYC(a BNM compliance for account opening), it should be positive for for the Gpacket & Tencent collaborate to get the digital bank license next month.
Touch n go & Alibaba is another party trying to get the license. Many more fighting for this license.
future big potential but goreng too much, in the long run believe it will up again, has capability to secure deal with big customer like petronas, thats not an easy task
dont think will drop below 90c unless qtr below expectation
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....
David
112 posts
Posted by David > 2020-05-20 21:08 | Report Abuse
the warrant with a negative premium is an illusion. look back at comments in Vsolar thread in 2015, same story.