Posted by Good123 > 2020-06-25 00:32 | Report Abuse

digital bank lesen, update? :) big hu ha dulu

Posted by Good123 > 2020-06-25 00:34 | Report Abuse

tencent as biz partner, seluruh dunia Dah tau. tencent replaces kendall as substantial shareholder? tunggu dulu .

Posted by Good123 > 2020-06-25 00:34 | Report Abuse

news juga takda lagi sekarang

Posted by Daily8 > 2020-06-25 00:34 | Report Abuse

drop kao kao. If don't drop kao kao, I also dun buy

Posted by Good123 > 2020-06-25 00:35 | Report Abuse

harap takda orang bunuh diri kerana spekulasi Dalam syer GP

Posted by 123eztrade > 2020-06-25 00:54 | Report Abuse

if happens, cc is responsible

Posted by Daily8 > 2020-06-25 01:04 | Report Abuse

who CC? Puan CC? Why?

Posted by jutawansenyap > 2020-06-25 01:41 | Report Abuse

Tomorrow morning trigger panic selling.

Posted by icst1975 > 2020-06-25 04:10 | Report Abuse

GPACKET Technical Summary Date: 24 June 2020 Time: 4.45 pm

TYPE 5 mins 15 mins Hourly Daily Monthly

Moving Averages Strong Sell Strong Sell Strong Sell Strong Sell SellTech.

Indicators Strong Sell Strong Sell Strong Sell Strong Sell Buy

SUMMARY STRONG SELL STRONG SELL STRONG SELL STRONG SELL NEUTRAL

Posted by icst1975 > 2020-06-25 05:45 | Report Abuse

24 June 2020 5 pm technical chart reading: Not looking good as 20-day moving average is sloping downward and price action is below Moving Average line. This is compounded by the recent bearish breakout of the support level of 0.645. This bearish breakout was compounded by a higher than average volume which shows the bearishness of the traders to push the price lower the support level to a lower price level.

Syndicate insider gang had already dumped some 300 to 400m free Gpacket WB to innocent public investors in the second to third week of May 2020 at prices of around RM 0.45 +/- 10 cents. This amounts to at least RM100m - RM200m lost by investing public to the syndicate gang.

The mother share price was pumped up from about RM0.55 to RM1.60 (27 April - 18 May)
Innocent public were lured and tricked by the large apparent price discount between the mother share price ( RM0.90 to RM 1.60) and the exercise price of WB (RM0.40) which could give a very attractive profit margin upon conversion to mother shares.

Having unloaded their free warrant-B, there was no longer any need to support the mother share price. This happens on 19th May when price dropped from RM1.65 to close at RM1.02. From then the price continue to drop to close at RM0.62 on 24 June. Would it drop further ? Most likely, I think . There is no fundamental support for the share price as it had been loss making 8 out of the last 10 years. The future outlook is highly speculative. The apparent great business deals had not been officially announced in Bursa Malaysia Website nor in the company website under Investor Relation media announcement. Instead they appeared as paid advertisements (which looks like news release) like STAR business which were then re reported in other media. Many gang troopers were also busy writing the good stories in this forum to lure the public investor.

How far can the share price drop ?
There is actually no bottom to the share price ( except close to some pennies for the listing status and the net asset). In this case, exercise of WB gives the company the needed life line. Therefore, it is very likely that there could be interest by concerned party to support the share price above about RM0.50 which is 10 cents higher than the WB exercise price. This means that Gpacket WB could drop below 10 cents to only a couple of cents before expiry in Nov 2024.
In fact, concerned party may not need to or able to. They may not be able to do it as market force will prevail eventually. It is possible to manipulate share price in the short term, as appeared to have happened in late April to third week of May 2020, but it is not possible in the long run.

The company can always issue new warrant in future to replace Warrant B if mother share dropped to below say RM0.45 and no one wants to exercise conversion.

Posted by mf > 2020-06-25 07:06 |

Post removed.Why?

Posted by Good123 > 2020-06-25 07:11 | Report Abuse

those who subscribed right issue at 40sen 3 free Warrants in 2018 made a lot of money now. at 62sen, 22sen from mother share plus 3x25.5sen=76.5sen. total~98.5sen :), more than 100% ROI?

Rights Issue

GREEN PACKET BERHAD
EX-date30 Oct 2018Entitlement date01 Nov 2018Entitlement time05:00 PMEntitlement subjectRights IssueEntitlement descriptionRenounceable rights issue of up to 150,202,583 new ordinary shares in Green Packet Berhad ("GPB") ("GPB Share(s)") ("Rights Share(s)") on the basis of 1 Rights Share for every 5 existing GPB Shares held together with up to 450,607,749 free detachable warrants in GPB ("Warrant(s)") on the basis of 3 Warrants for every 1 Rights Share subscribed for as at 5.00 p.m. on Thursday, 1 November 2018 at an issue price of RM0.40 per Rights Share ("Rights Issue with Warrants")Period of interest payment  to  Financial Year End31 Dec 2018Share transfer book

Posted by icst1975 > 2020-06-25 07:19 | Report Abuse

24 June 2020 5 pm technical chart reading: Not looking good as 20-day moving average is sloping downward and price action is below Moving Average line. This is compounded by the recent bearish breakout of the support level of 0.645. This bearish breakout was compounded by a higher than average volume which shows the bearishness of the traders to push the price lower the support level to a lower price level.

Syndicate insider gang had already dumped some 300 to 400m free Gpacket WB to innocent public investors in the second to third week of May 2020 at prices of around RM 0.45 +/- 10 cents. This amounts to at least RM100m - RM200m lost by investing public to the syndicate gang.

The mother share price was pumped up from about RM0.55 to RM1.60 (27 April - 18 May)
Innocent public were lured and tricked by the large apparent price discount between the mother share price ( RM0.90 to RM 1.60) and the exercise price of WB (RM0.40) which could give a very attractive profit margin upon conversion to mother shares.

Having unloaded their free warrant-B, there was no longer any need to support the mother share price. This happens on 19th May when price dropped from RM1.65 to close at RM1.02. From then the price continue to drop to close at RM0.62 on 24 June. Would it drop further ? Most likely, I think . There is no fundamental support for the share price as it had been loss making 8 out of the last 10 years. The future outlook is highly speculative. The apparent great business deals had not been officially announced in Bursa Malaysia Website nor in the company website under Investor Relation media announcement. Instead they appeared as paid advertisements (which looks like news release) like STAR business which were then re reported in other media. Many gang troopers were also busy writing the good stories in this forum to lure the public investor.

How far can the share price drop ?
There is actually no bottom to the share price ( except close to some pennies for the listing status and the net asset). In this case, exercise of WB gives the company the needed life line. Therefore, it is very likely that there could be interest by concerned party to support the share price above about RM0.50 which is 10 cents higher than the WB exercise price. This means that Gpacket WB could drop below 10 cents to only a couple of cents before expiry in Nov 2024.
In fact, concerned party may not need to or able to. They may not be able to do it as market force will prevail eventually. It is possible to manipulate share price in the short term, as appeared to have happened in late April to third week of May 2020, but it is not possible in the long run.

The company can always issue new warrant in future to replace Warrant B if mother share dropped to below say RM0.45 and no one wants to exercise conversion.
25/06/2020 5:45 AM

Posted by Good123 > 2020-06-25 07:24 | Report Abuse

jualbeli ikut graf, mampus, terbukti. fundamentals of a company, terpenting. blue chips won't up

Posted by Good123 > 2020-06-25 07:28 | Report Abuse

wait for Q1, 2020. look at cash position cash from Warrant conversion after 31 match. enough cash for Q2

Posted by Good123 > 2020-06-25 07:30 | Report Abuse

expecting mother share will be around current price level but warrant price might drop to around 20sen. personal opinion

Posted by mushroom > 2020-06-25 08:10 | Report Abuse

today below 0.60

Posted by maximus . > 2020-06-25 08:18 | Report Abuse

maybe puan also kena game.....

Posted by clp72 > 2020-06-25 08:56 | Report Abuse

looks like going to open at 0.60

Posted by clp72 > 2020-06-25 09:05 | Report Abuse

looks like the selling pressure has not finished... good luck guys

Posted by Tarrance Schu > 2020-06-25 09:14 | Report Abuse

afternoon...will second round..

Posted by Good123 > 2020-06-25 09:20 | Report Abuse

don't touch Warrants, if u wanted to buy GP, only mother share like what puan did. he sold all his warrants in 2019

Posted by Tarrance Schu > 2020-06-25 09:23 | Report Abuse

Bro Good123...Dia jual sudah lama punya kes....kami sini sudah tahu lah

Posted by keni371 > 2020-06-25 09:25 | Report Abuse

wow … open 25 mins oledi hit 12 mil vol

Posted by Stock Wizard ( no sell no loss ) > 2020-06-25 09:26 | Report Abuse

super big die day

Posted by xiongshi > 2020-06-25 09:33 | Report Abuse

I think better clear all first, now super bear coming

Posted by stevenckheng > 2020-06-25 09:37 | Report Abuse

hmm bought 3 thousand ringgit only, i will just hold for few years. small money but still feel sayang

Posted by clp72 > 2020-06-25 09:40 | Report Abuse

lol... thought can trade on this counter but lost 10k in a week... painful tuition fees

Posted by KK > 2020-06-25 09:43 | Report Abuse

Very tricky and cunning syndicate..lot of people kena trap if follow chart trading

Posted by keni371 > 2020-06-25 09:48 | Report Abuse

retailers shud stop averaging down then the drift wil stop … when averaging down, u r buying owner's stocks at lower prices … let vol and their show subside so owner/operator has to change plan then got chance

Posted by Cryptotrader > 2020-06-25 09:49 | Report Abuse

I told you guy already. I hv warned you guy. If kendall Court fund sale then all of us hv to cut at the same price at kendal Court fund.. Price is very low low... So I hv no comment to hold or sale or buy now...

Posted by keni371 > 2020-06-25 09:53 | Report Abuse

at 0.60 level, owner still has lots of benefit to distribute if u r willing to buy … that's y many lao jiao here said wait for 0.40, 0.30 la entry point … that's abt the level owner will have to support

Posted by Jason Goh > 2020-06-25 09:58 | Report Abuse

agree with keni. just observe for now

Posted by alibaba007 > 2020-06-25 10:01 | Report Abuse

green packet last month until this month everyday give angbao...

Posted by Stock Wizard ( no sell no loss ) > 2020-06-25 10:06 | Report Abuse

lost RM 300 here , but i am happy to buy a 300 cinema ticket to watch operator trick the crowd wakakakaka

Posted by Tarrance Schu > 2020-06-25 10:09 | Report Abuse

gg packet Game Over....

Posted by icst1975 > 2020-06-25 10:15 | Report Abuse

"maybe puan also kena game....."
Could the likes of puan puan and tuan tuan ne innocent ?
If yes, there would not be so many paid advertisement news releases and cyber trooper gang member working in this forum repeating a lot of insider information about the company "deals" and that so greatly excited the share prices such that with little effort, the share prices were pumped up for the benefits of the syndicate. The like of puan would have put a stop to it as they would have constituted unauthorise release of company information.

Posted by jutawansenyap > 2020-06-25 10:17 | Report Abuse

Gain 2 bid at wb. Thousand.kekekee

Posted by keni371 > 2020-06-25 10:18 | Report Abuse

i believe we shud see huge conversion of warrants much later when the interest of gp mother shall have subsided. At present situation, owner want to sell mother shares as much as they can and use the sale proceeds to exercise warrants (probably some has been done to prop up balance sheet). if not mistaken from memory, owner controls 80-90% of shareholdings.

Posted by jutawansenyap > 2020-06-25 10:20 | Report Abuse

If volume not too big, tomorrow surely terjun tiruk. Means that jerung already disposed at biggest candle last week. Now drop with no volume. I just can say, pray harder.

Posted by icst1975 > 2020-06-25 10:21 | Report Abuse

If company wants to release business information, they should first announce in through Bursa website and also Company News Release under Investor relation.. Don't see them in these proper official channels !!

Posted by icst1975 > 2020-06-25 10:22 | Report Abuse

Perhaps most of those exciting paid news release are meant to be forgotten after their games were over.

Posted by stressedesserts > 2020-06-25 10:25 | Report Abuse

@cryptotrader kendall court transacted at 0.8 la. Want trash talk also do homework first

Posted by keni371 > 2020-06-25 10:26 | Report Abuse

a lot of daily vols are churned, probably actual trades only account for 5-10% .... the daily vol needs to subside to show operator not churning any more

Posted by BostonMaxwell > 2020-06-25 10:28 | Report Abuse

Non stop bleeding

Posted by jutawansenyap > 2020-06-25 10:31 | Report Abuse

Surely tiruk.

Posted by shitaos > 2020-06-25 10:31 | Report Abuse

told you guys we wait below 30sen ma, why the rush?????????

Posted by jutawansenyap > 2020-06-25 10:31 | Report Abuse

No support already. Crazy who bought early.

Posted by shitaos > 2020-06-25 10:33 | Report Abuse

we patient will wait below 30 sen, steady

Posted by Stock Wizard ( no sell no loss ) > 2020-06-25 10:36 | Report Abuse

10 cents is the way, tencent tencent !!!