today is Friday. margin or contra players usually close their positions today plus ~28mil shares from Warrant conversion could dump it before market closes at 5pm. not the right time to buy today. how about u?
Dun need to predict this and that like a 4 ekor punter. If u think its a bad stock no prospect, just sell and get out of this forum and go to a greener pasture. I would suggest those who hate this counter or may have lost big in this counter, go to glove counters. This is wherr all the monies are. Hahaha. We will see
If u believe and into it, pls share new infor and meaningful comments. No need to suggest buy mother sell so, buy son sell mother. We are all ikan billis to influence the dorection of the share price. Share price fluctuation is normal in the market.
I believe: 1. GP will partner Tencent in its cloud computing business. 2. GP will partner Tencent to apply licence of digital bank. 3. Tencent maybe will take 10% share of GP via private placement. 4. 70 cent is good entry for GP.
I always believe in investing but not monitoring its daily share price fluctuation by the minute. This will tend to drive one crazy. If u believ the new normal will involve more dogitalization of our daily lofe, then this may be a good bet. Everyone is banging on its digital bank license but looking beyond there are so many things in the future that will involve technologies in my life. So one shld look beyond one or two things and there may be more in the pipelines.
And dun need to try to outsmart the market trying to arbitrage the son and mother. But of course if one is a day trader focus on quick gain in a very short time, this is the way to go. But bear in mind this will result in quick lost in a very short time as well. Doferentiate oneslef as investors, pubters, day traders or pure speculators. Then it will be easy to make tour decision.
Tired of reading buy son but mother got oremium no premium. It all sound too complicated for me though been investing in the past 30 years. :) may be i m too old for all this.
I am really surprised that 28 million warrants converted into mother share to be listed on Monday. Really got people want to pay 40 cent per share to convert warrant.
Salute you CC date to buy in using so much cash during this uncertainty Global scenario, but also meaning something very positive and aldy done to be announced
no worry guys. never worry about the potential stocks especially it had down quite a period. just to take strategy of topping up when low price. bounce back is definitely when the target meet by the strikers.
Late but better than nothing, not too high expectation: if Limit Up Mother : 0.990 (30%) Son, if follow: 0.595 (101%) . Impossible at this moment. Let’s lower that by half, Mother 0.84, Son 0.445.
The potential of Cloud business is great and best in coming years tapping on 5G grow, while Digital Banking is the next near target. Business potential is stronger than ever now , long term for 2-3 years sure no problem, if no holding power suggest not chase high above RM1
With Tencent a confirm partner for Cloud business now, expect more local or overseas Fund Manager will star mark this GP and analyse or give TP soon. The most potential local tech stock now is GP. Cloud business plus Digital Banking, it’s Tencent clone to cover Asean region
Many good news from the company which is good to share the company's plans and direction.
Hopeful to see the news is materialised in form of increasing revenue and profitability.
Let's give them a timeline of next 12-mths to deliver their plans.
I've been in fintech biz for last 10 years myself and gestation period for their digital bank, cloud computing, e-kyc, AI thermal initiatives should bear fruit within 1 year.
Else meaning is word without action is purely to manipulate share price and nothing more.
Company like Tencent not going to easily engage partnership without thorough analysis on their partner. The analysis include finance stability, company business model, networking, management team and future potential etc.
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....
Good123
27,717 posts
Posted by Good123 > 2020-06-12 15:37 | Report Abuse
if mother share fell to 60sen, warrant jadi 20sen, zero premium :)