I agree with opinions of erkongseng. I began to invest in Green Packet since 16/10/2019. On 19/05/2020 I sold all my 110,000 shares at RM1.29. My average cost is RM0.62. My opinion is Green Packet is highly violate. I think the boss CC Puan definitely has big plan for Green Packet. While the theme for Green Packet should be digital bank + 5G.
Actually the big boss already expressed his plan for Green Packet bluntly (that is to become a digital bank). I think his success chance is high.
I am only a normal investor. For investment, I will choose its warrant (GPACKET-WB). I currently have 300,000 shares of GPACKET-WB at average price RM0.325.
PS: This is only my sharing, not a investment recommendation. All Investment is at Risk!
If you do some research/Google on the Boss, you will know he is a kaki goreng (庄家). It is actually a compliment for him. It is nothing wrong for a boss whom want his company has high share price..
Check out the website for Kendall Court who recently bought 100 mil share of GP. Look at their track record since 2004 and asset under management to date. Look at the strategy they employ went they buy in to the company.
You will be interested to buy more GP.
I believe the Singapore company is looking at the prospect of GP in next 3-5 years(stated in website, standard private equity strategy). Similar to Brahmal Vasudevan pe company where they normally exit after a good return.
http://www.kendallcourt.com/ -------------------------------------------------------------------------------------------- Posted by SuperPanda > May 22, 2020 10:11 AM | Report Abuse
mother continue drop, might until son premium finds fair value against mother
According to Bursa, they subscribe 65 mil for the private placement set out 10 September 2019.
Normally private placement is 10-15% below market price of 65 cent-70 cent (average September 2019)
Kendall Court bought another 35 million share from direct business transaction on 19 February 2019. Direct business transaction is normally sold by existing shareholders at higher than market price due to reducing shareholding or to exit.
That's why the share price moved towards 90 cent that week.
During that period, GP is trading between 70 cent to 80 cent.
So estimated average price for Kendall Court should be 70 cent. ---------------------------------------------------------------------------------- Posted by Simonalibaba > May 21, 2020 8:37 PM | Report Abuse
So chai, Kendall court bot low price at 20 cents you buy now at 1?
It never amazed me people on this forum. One day same ppl said limit down but when saw nothing happened next day saw stabilise then said they play the warrant down stabilise the mother then up the mother depress the warrant becos want u cincert get funds bla bla bla....and the third day when see it drop 3 sens again said run run run sochai bla bla bla and then extract an article from somehwere” fool of bla bla bla”.
And one even made a statement that Kendall courts bought the stakes at 20 sen....i am so exasparated with this!!!! This gentleman or lady just pluck the figures from the sky...
I would advise those who believe in it keep believing in what u believe and so your homework and responsibie for yourbown hard earned money. Do not listen to others, when u listen, it will castvfears in you and prompted u to sell at a loss. Sell and buy based on your own finding. Ppl here are not going to help u to make or lose. Just remember.
For those who dun believe, just go find stocks that they stringly believe in and sing all the praises. Nobody will envy or jealous of your achievement if u make tonnes.
This forum is to share good and bad points, with facts backing and concrete news backing. And not just simply pluck figures from cloud nine.
Kendal bought at 20 sen? I can help but laught at how naive and ignorant that is. All records are available for checking. Kindly check and revert.
And also do not need to put a target price. Nobody can tell. If u believe, then diam diam collect if u think current level is cheap. If i dun believe then also diam diam and dispose. Its as simple as this.
Lastly, happy trading and all the best! Hooe everyone make lots of monies. Cheers!!!
By the way, those who make ridicilous comments and without facts are mostly T+2 players. If you truely an investor, u dun pkay T+2. U cant make money. U must see thru it if in fact there is sometiimh going on. Projects or anythg will take times of course will also turn sour. This is the risks we have to assess and take
The way i look at it, if the mother dun drop much today or the first day after Raya, the selling of the big volume at the 1.65 will be very well absorbed. And it shld move up. Of course many things could go wrong in the next few days. But i m certainly feel a little relief the selling has been well absorbed past few days
Myself waiting for QR and reevaluate again, but I got source from top management itself say will push above RM 2. We wait and see okay? We here tp the future price first, don’t wait til up 1 day or drop 1 time only come out and say toto number. Hahahah
Macrullin bro...yes indeed i agreed with u. Thats why i dun comment much here cos dun wan to be seen as promoting or demoting or enticing ppl to buy or sell. What we know we diam diam better. If ppl make money they dun thank u, but when loose i better get ur ass ready to be fried. So SILENCE IS GOLDEN.
As regarding the Q results, i hope will be in positive territory. Even if negative as long as the revenue register growth, big growth, i m still ok cos tech stock requite high reinvestment rate. Thisbis what many fail to understand. It needs to reinvest ans make full penetrations, after that only can take care of numbers
Macrullin bro.... u better dun say anthing TP price hwre in this forum. Your TP of 2 will excite many. There is a danger of it, if that target not achieved or even go south from here, u will be crucified and nial to the cross. Though i m having the same feel ant that TP, but better diam diam and wait and see. If it reach, reap tour fruits kaow kaow.
I m sure after this few will come out and comment. Its just my humble 2 sen. Please do your homework before investing and nit PUNTING. Contra playing in this counter will tear u apart. Happy trading and all the best!
Thank you bro agil, my intention is not promote because I have sold all but waiting for qr to release. I shared my source to u, I heard so only but it’s quite solid la after the tencent news posted out. So if qr good I think is possible, for others buy or sell is own matter d. If u loss or win u need to take own responsibility, because u are an adult not a kid. It’s my own tp to myself for the qr is good , not asking anyone here to buy ya . Don’t misunderstanding....
Macrullin bro, please dun het me wrong. Never did i think that u are promoting or demoting the stock. It will be a shame if others condems u for sharing the infors of the target price. Though i am feeling the same as the TP and truely appreciate uour kindness for sharing.
Macrullin bro...u are a sensible man. Its a shame if some toto number fortune teller start to attack u. Though ur intention is out of good sharing nature. Again thanks for sharing. Lets hope itvwill come true. My feelings are . If the mother close green today, there shld be some positive actions come next week
Thank you bro Agjl, gpacket warrant 35c now. Let’s fight next week. Maybe this time the operator will push warrant back to normal range. Let’s make money together
i dont hve idea what happen inside gpacket as i come after the drop collecting son at -ve 30% premium, has sold half of them, now regret selling too early but thats fine as things might be going the other way round, nothing to complaint
I am buying on the son banking on the advantage of 50% discount on a conversion rate of 40 sen even if the mother share dun move & maintain @ RM 1.00 level . It will be extra bonus if mother share break up to TP of above RM 2.00 when secure both the digital bank & 5G licence
With the previous record of success in 4G technology and cooperation with Tencent China the prospect of securing both the licence is indeed have good chance in the bidding process
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....
mf
29,627 posts
Posted by mf > 2020-05-22 01:12 | Report Abuse
Second wave of coronavirus infections could cause a worse economic disaster, experts warn
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