Joey94.....from the way i look at it, big buyers had started collecting ard 60 sen onwards towards 90 sens. From the movement based on my humble experince, it was a slow accumulations with the intention notvto spike the price. If u looked back few weeks back from 60 sen to 90 sen its a very gradual increase in price but with big volume. Normally thisbis a good sign that someboby pr oarties are accumulating.
If and if my humble experience is correct, for a just pure whack counter the speed of the rise is faster. Of course i could be wrong cos sharks also evolved already nowadays...
And no one can delete the possibility that those buying from 60 sen could be party either local or overseas that is interested to collobatate with gp for the 5G of the dogital banking. Could be taking a stake from the open market. This is just mybown guess and not to pursuade or induce anyone to buy or sell..
Its just my humble 2 sen.. hope all is going well. Of course everythg there is risks....like i said, buy and sell at your own risks and do not listen to others. Do yourbown homeworks
In a statement today, the group said it would install its thermal scanners at schools in the Klang Valley starting this week, and aims to roll them out in all 63 schools nationwide within the next two weeks, as part of its ‘We Are Ready’ campaign.
please listen and sell all your GPACKET shares tomorrow..Any price above 90 sen is a very good price..Sell before the flood gate of warrant conversions open up... Quickly run...
There are 2 side of a coin , supposing if most warrant being converted then the number of warrant remain in the market will be less and applying the demand & supply theory , the price of warrant will be mush easier to push up
warrant conversions should start flooding the market next week.. must sell all mother now before operator dump again....you will be able to buy back at least 10 to 20 sen cheaper from today's closing price
Not all warrant holders will convert. Some just wait some will convert. So to assume all wgo bought waramts will convert is not a very wise suggestion and deem as scaring off investors.
Of course mother will come under pressure cos many could have bought ard 65 sem 75 sen or 80 sen. So the weakening of price may not be entirely, if any warrants conversions. Profit taking is the norm after registering handsome gain. This happen to many stocks even glove stocks
And also some who opted to co vert may not necesarily sell the mother. Some who convert may of the opinion that by holding mother they may not have to worry about the expiry of the warrants and also the disclubt pricing of the conversion.
With all the PRO work made by the company for a month into pushing investor to buy their shares to highest level, I believe it is the company who is the one who sell the shares down. Wait for few more days to see major shareholding changes announcement.
no free lunch in market. when warrant is trading at steep discount and high volume, something fishy is definitely going on..just sell, don't wait ...buy much lower if u wanna keep the stock
The coming weeks will see pressure due to some short term traders converting warrants to mother share and profiting the diference. This scenario will prolong for a while until those short term traders subsided.
With FD rate at below 2%, i will take a bet on stocks. Though GP never been a fantastic stock in the past, but with the current pandemic, i would think its current business model will benefit the company To a certain extend. . I will slowly top up
Risk and opportunity assessment on W, Downside risk about 15% max, Upside opportunity (Buy W, convert and selling mother share) about 100%. You guess ??
if you make money and run good for you, if you wanna invest for long term coz you belive in the company preferably until next QR or even beyond that when they announce Digital banking , also good for you. Either way up to you if you beleive or dont believe
Green Packet’s KipleLive is a comprehensive end-to-end solution aimed at helping businesses resume operations with relatively low cost and effort. After just two weeks of being in the market, Green Packet achieved a sales pipeline of 10,000 units of the KipleLive solution.
According to KipleLive CEO Ti Lian Seng,there are four KipleLive solutions available depending on the needs of the business.
“The first is SenseTime Nebula which costs around a few hundred thousand. It is for use in public or open areas such as airports, railway stations, bus terminals and hospitals. This device is able to detect up to 10 people at one time and is capable of capturing a lot of data within a 3m-radius.
“Next is SenseThunder-E and SenseThunder-E Mini priced between RM20,000 and RM80,000. They are suitable for restricted and closed areas such as building entrances, shopping malls, hotels, and government buildings.
“The latest product is the KipleLive FR thermal scanner which is now offered at RM6,800 per unit. This is suitable for small or medium size areas such as offices, schools, restaurants and factories, ” he said, adding that all three devices could scan one person at a time but at a speed of up to 30 people per minute.
Additionally, Ti said there is a rental option as low as RM449 for small businesses.
You are right. However, Kiple Live solution started to on traction in April/May 2020. Kiplepark started end of 2019. Kiple Pay white label got BNM approval in Feb 2020.
How do you expect profit from the latest fintech initiatives?
-------------------------------------------------------------------------------------- Posted by Value888 > May 28, 2020 11:49 AM | Report Abuse
Exercise caution guys. This company has been making losses for years. Looks like they are better in making news then making profit.
If son is vy undervalue, why not buy son, convert, sell the new mother share and pocket the difference. But in reality operator will not let you make that easy money, Once you convert, they will quickly press down mother price to make you lose your pant. Just be careful, no easy money that operator and other people cannot see.
Hahahha. Operator so free have to keep track if warant cheap afraid ppl convert and push down price and then push up when ppl bot buying warrant to convert. All these sound to me very much like Fortune teller prophesies...all kind of tgeories and thepries whenever mither up or down son up or down. I am just baffered! :). Good luck guys with all the theories and do nothing.
I m enjoying reading all. Its very entertainting. Cheers. Have a good evening!
As expected like what been said yesterday, if tge price drop, some will come up with all kind of theories. Interesting! Some even say play up the mother and u load son. Like tat also can? Then latwr play up the son press the mother. Play mother play son. Pusing! Haha. Cheers!
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....
MingGoon
1,774 posts
Posted by MingGoon > 2020-05-27 16:02 | Report Abuse
I am also keep adding..