Posted by dolphin > 2020-06-24 13:34 | Report Abuse

Everyday drop pulak

Posted by GoldenShares > 2020-06-24 13:38 | Report Abuse

: o

Posted by Agjl > 2020-06-24 13:39 | Report Abuse

All these questions will remain mysteries and nobody has the answer at this juncture. And with the q results still nowhere to be found, everyone is nervous. That explain the weakness in ots share price. One thing i do agree with one of my comrade here, he suggested that gp shld announce the results sooner than later. Be it losses or profit, once its announced them ceryainty will set in. Sometimes when the results announced losses, the share price may actually move up. Not becos the resultsbare satisfactory but its more of certainty.

As long as the results still in the dark , the price will remain weak.

Maximus bro, i wish u all the best and stay firm in whatbu believe be it stay or leave. Only you know yourself.

Cheers! And happy trading

Posted by mrbusiness > 2020-06-24 13:49 | Report Abuse

Well said Mr Agjl

Posted by blood7 > 2020-06-24 14:04 | Report Abuse

i keep thinking of this director's transaction, doesn't make any sense...

i think i too will queue some at 0.65 or below.... cut loss 0.625



MR BOEY TAK KONG 12-Jun-2020 Acquired 5,000 0.650

Posted by Chuah3434 > 2020-06-24 14:10 | Report Abuse

thank you Agjl for his view.
Isn't the new buyer of 10% stake need to be reported to Bursa for announcement?

Posted by stressedesserts > 2020-06-24 14:27 | Report Abuse

if you guys read the news carefully they aren't selling it back to the company..it's probably to a tech company "it was to parties that are likely to contribute to Green Packet’s digital journey."

Posted by Tarrance Schu > 2020-06-24 14:39 | Report Abuse

walao Trap ppl again...WTF for gpacket.....lower to lower

Posted by Agjl > 2020-06-24 14:42 | Report Abuse

Chuah3434...i think they have 5 market days to announce if not mistaken

Posted by Akukakijudi > 2020-06-24 14:48 | Report Abuse

Waiting below 0.60

Posted by Agjl > 2020-06-24 14:56 | Report Abuse

One of our comrades in this forum mentioned he or she has a cousin work at tencent. He or she mentioned there will be an announcement ens june or early july. Thats what i read 2 days back.

Go ask him or her

Posted by Agjl > 2020-06-24 14:58 | Report Abuse

Today 64 sen is the support

Posted by Nicholas Lai Mc > 2020-06-24 14:58 | Report Abuse

Lol that kind of rubbish also want to believe meh? This one really goreng counter.

Posted by icst1975 > 2020-06-24 15:00 | Report Abuse

Green Packet Berhad, an investment holding company, researches, develops, manufactures, markets, and distributes wireless networking and telecommunication products, networking solutions, and other technology products and services in Malaysia and internationally.
Forecast Cash Runway: GPACKET has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 11.8% each year.
RISK ANALYSIS
1. Earnings have declined by -57.25% per year for the past 5 years. GPACKET is currently unprofitable.
2. Very large share dilution due to WB conversion. Still another 350m WB that would be converted into ordinary shares.
3. GPACKET has sufficient cash for 1.2 years if free cash flow continues to reduce at past historical rates of 11.8% each year due to losses.
4. Among the top shareholders, Kendall Court Capital Partners Ltd was the only Institutional shareholder. However, Kendall Court had also completely sold out its 10% share-holding . No announcement was made in Bursa Malaysia as Kendall Court was disposing Gpacket shares in May- early June 2020. Note: This would appear to be against Bursa regulation.
VALUATION
1. PE Ratio: GPACKET is unprofitable, so we can't compare its PE Ratio to the Communications industry average.
2. Price to Book Ratio: GPACKET is overvalued based on its PB Ratio (2.4x) compared to the MY Communications industry average (0.9x). That is base on Price to Book ratio valuation, Gpacket it is about 2.7 times as expensive compare to an average profitable company in the same industry.

Posted by Hong Wei Phoon > 2020-06-24 15:00 | Report Abuse

Operator will press until you shout " Tolong"

Posted by Sheng1 > 2020-06-24 15:07 | Report Abuse

terrible, @@

Posted by Nicholas Lai Mc > 2020-06-24 15:08 | Report Abuse

Lol dont trap people to buy la

Posted by Agjl > 2020-06-24 15:13 | Report Abuse

Nicholas lai...of course i dun believe such story as " cousin" working at tencent....its obvious

Posted by freetrade > 2020-06-24 15:17 | Report Abuse

Day day new low...dont write the story so good and actually to trap people in. Why Bursa don't have law to monitor this kind of trap case.

Posted by Hong Wei Phoon > 2020-06-24 15:18 | Report Abuse

operator will tell you how low it can go... i never underestimate the power of GP Operator for these years.

Posted by freetrade > 2020-06-24 15:18 | Report Abuse

no wonder so many bad news on GP. it is because everybody lost confident on GP. Learnt from mistake.

Posted by Tarrance Schu > 2020-06-24 15:23 | Report Abuse

macam ini lagi ...2 hari pecah 0.60

Posted by nekosaan > 2020-06-24 15:26 | Report Abuse

PANIC ! PANIC ! PANIC ! more and more panic selling and margin call, finished !

Posted by Hong Wei Phoon > 2020-06-24 15:28 | Report Abuse

for sure got people act smart to Q at 0.645 above the "look alikes" strong buy at 0.64 to kutip cheap.

Posted by xiongshi > 2020-06-24 15:28 | Report Abuse

the 0.65 is important support, after this, GB will go to 0.41 and 0.395

Posted by nekosaan > 2020-06-24 15:31 | Report Abuse

possible PN17 ? ?

Posted by Daily8 > 2020-06-24 15:32 | Report Abuse

possible! in your PN otak dreams! lol

Posted by nekosaan > 2020-06-24 15:36 | Report Abuse

Fxxx you Daily8, ha ha

Posted by freetrade > 2020-06-24 15:39 | Report Abuse

stupid lauzy company

Posted by Agjl > 2020-06-24 15:39 | Report Abuse

2m just dimb at 64 sen

Posted by Sheng1 > 2020-06-24 15:43 | Report Abuse

delay release report.. Feeling baddd...

Posted by xiongshi > 2020-06-24 15:47 | Report Abuse

very bad, just let it drop drop to 40c or lower

Posted by BostonMaxwell > 2020-06-24 15:48 | Report Abuse

Finally that buy queue volume comes again

Posted by Hong Wei Phoon > 2020-06-24 15:49 | Report Abuse

wayang wayang only.. can hilang in next minutes

Posted by Sheng1 > 2020-06-24 15:53 | Report Abuse

FAKE buy queue high mean what ya?

Posted by Bullacent > 2020-06-24 15:57 | Report Abuse

Tmr meet u .63

Posted by wehcant > 2020-06-24 15:59 | Report Abuse

nekosaan wrote: possible PN17 ? ?

What? Not again. 6 years ago (2014) almost went PN17 but was rescued by TM.

Posted by Cryptotrader > 2020-06-24 16:10 | Report Abuse

Told you guy already.. Soon will see 0 40.. By the time warrant will drop below 0.10...

Fair price for GPacket is 0.30. Current macp 600m is too high... 200m mcap is reasonable...

Posted by Cryptotrader > 2020-06-24 16:11 | Report Abuse

Big fund pi out so it mean doom. Big fund is smarter then us.. Don't try to be smarter then kenddle Court fund.. They are experts in tgis field... They able to see thing we cannot see

Posted by Bullacent > 2020-06-24 16:29 | Report Abuse

Second plan come in. Cc v friendly to ask u cut loss, selling your shares to him as low as possible. haahaha. Need up stake, bro.

Posted by trade88 > 2020-06-24 16:42 | Report Abuse

Wah..keep pushing low, something is not right

Posted by startrader > 2020-06-24 16:42 | Report Abuse

What's happening here?

Posted by nekosaan > 2020-06-24 16:43 | Report Abuse

0.625 !

Posted by chkhooju > 2020-06-24 16:43 | Report Abuse

Bullacent, I hope you won't cry tomorrow.

Posted by ID007 > 2020-06-24 16:45 | Report Abuse

wat a counter!

Posted by Nicholas Lai Mc > 2020-06-24 16:45 | Report Abuse

Ntg happening, all kena scam by cock CEO

Posted by trade88 > 2020-06-24 16:46 | Report Abuse

Pukim-- this puan

Posted by nekosaan > 2020-06-24 16:46 | Report Abuse

tomorrow below 0.60 ! HOLLAND

Posted by wongcalvin73 > 2020-06-24 16:46 | Report Abuse

Big shark keep pushing the price lower and sapu all the shares !!

Posted by Tarrance Schu > 2020-06-24 16:47 | Report Abuse

WTF ....suddenly drop like shit