Stock [GPACKET]: GREEN PACKET BHD Announcement Date 12-Jun-2020 Substantial Shareholder's Particular: Name MR PUAN CHAN CHEONG Details of Changes: Currency - Date of Change Type Number of Shares 12-Jun-2020 Acquired 3,851,900 Registered Name KENANGA NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR PUAN CHAN CHEONG Nature of Interest Direct Interest Nature of Interest Direct Interest Shares ORDINARY SHARES Reason PURCHASE OF ORDINARY SHARES FROM OPEN MARKET
Substantial Shareholder's Particular: Name MR PUAN CHAN CHEONG Details of Changes: Currency - Date of Change Type Number of Shares 11-Jun-2020 Acquired 2,500,000 Registered Name KENANGA NOMINEES (TEMPATAN) SDN BHD PLEDGED SECURITIES ACCOUNT FOR PUAN CHAN CHEONG Nature of Interest Direct Interest Nature of Interest Direct Interest Shares ORDINARY SHARES Reason PURCHASE OF ORDINARY SHARES FROM OPEN MARKET
TQ for pushing up the price today and i've managed to sell-off all my GP shares to cut losses. This counter is full of gimmicks with regular advertisement about oncoming good stuff just like cinema supporting show , true of false u decide. Anyway TQ to all of u .... managed to run safely and not turning back
Tarrance schu.....Rights issue to raise funds my not be at this time as they just did a huge one few years back. And to do a rights issue there are certain guidelines to fulfill and will need SC approval.
I think their intention to do a private placement maybhave just deleted the possibilities of rights issue, in my view.
Of course anythg is possible....but looks unlikely for now..
The businesses are in the right direction of ewallet and AI. Implementation and customer buy in is the key.. At least saw bank Islam in the picture for epayment putting ground work for digital banking
I think the company purchase is part of strategy of GP to show or convince Bank Negara that GP should receive a license of Digital Bank.
However GP won’t apply for Digital Bank by itself. It will form a consortium to submit application.
There’s comment that hope GP will distribute share of G3 to all shareholders. I will say it is not possible because GP will want to have management control or influence over G3, hence share distribution is not possible.
Financial inclusion, innovative technology and capital strength of at least RM100 million will be the key factors for Malaysian applicants, the consulting firm said.
RM100 Mils capital is prerequisite for license application. GP recent PP+ warrant conversion is to prepare this 100mils.
todays volume oledi hit 149.5mil shares ... who got so much money to buy? ... who got so many shares to sell? ... cc puans purchase of 3.8mil shares was peanuts in comparison
PCC recent buy back also at this price. Means he is the same boat as most of the small investor. Up together or lose together. For tech company, very hard to judge their historical performance, even such a lousy financial quarter of D&O also people still push... ?????? Ilogical.
The 100m will not come out from gp alone. Will come out from the consortium. Justvlook at who go is wirming with lately and have a guess who will be the members...just a hint, the one with deep picket is the bank..100m is peanuts
today extremely high vol, highest in at least 1 year, higher than mount Everest ... next few days will know make or break ... if got material news, may be suspended
gp actually got lots of long term buyers or speculators? ... if say most buyers bought for long term, why vol continue to be high everyday even when price dropping from 1.65 to 0.70 ... if say bcos price getting cheaper from time to time, investors will increase holdings but at the same time there needs to be continuosly huge sellers on the other side
If the volume come from the newly warrant converted share , someone must be collecting and accumulate..collect so much if not for pushing then for what?
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....
Tarrance Schu
500 posts
Posted by Tarrance Schu > 2020-06-17 12:31 | Report Abuse
clear....tq mrbusiness....