Posted by nekosaan > 2020-06-25 22:53 | Report Abuse

Posted by SamSam > Jun 25, 2020 9:52 PM | Report Abuse

ict something looks like a little girl bitching n whining about everything. lol



HA HA HA !

Posted by Daily8 > 2020-06-25 22:55 | Report Abuse

Suddenly GP got so much money to buyback the shares........mana dapat duit

Posted by Victor Yong > 2020-06-25 22:58 | Report Abuse

1bil shares +, say, about 30% free float, ~300mil shares in the open market. Share price fell from RM1.65 to 56.5sen, many innocent greedy speculators suffered a lot, perhaps, some speculators are going to declare bankrupt, etc.

Market Cap: 570 Million
NOSH: 1,009 Million

Posted by Victor Yong > 2020-06-25 23:01 | Report Abuse

a lot of people here talked about a gang buying and selling to manipulate price. it is a free market, if u believe in the fundamental value of gp, why did u care others sell at lelong price? u should buy more, right? unless u r speculator, buy and sell based on graph, rumour, hearsay, etc. then, u deserve to lose your wealth due to greed, naiveness,etc. right?

Posted by Victor Yong > 2020-06-25 23:17 | Report Abuse

Malaysia is gearing up for a digital banking revolution
Malaysia is gearing up for a digital banking revolution
Joe DevanesanBy Joe Devanesan on June 11, 2020
Digital banks are set to be introduced in Malaysia, with regulators ready to provide 5 digital banking licenses
Delays caused by the pandemic have delayed license application processing, but digital banks still look on-track to be introduced in 2021
More than 70% of Malaysians are looking forward to a digital banking revolution
Over the last 20 years, the financial services industry in Malaysia has slowly but surely been transitioning towards adopting digital banking services.

Since the early 2000s, advances in IT capabilities, combined with the deregulation of internet services by the Federal Bank of Malaysia (BNM) and mounting globalization efforts, saw new technologies being introduced into the Malaysian financial sphere.

By the end of 2005, there were 12 banks offering internet banking facilities in the country, and five banks had introduced mobile banking facilities.

Traditional bank cards with magnetic strips were being phased out in favor of newer chip-based ATM cards that promised new types of banking and payment choices along with more stringent ID security. MEPS Cash was also introduced, the first nationwide e-wallet scheme as an alternative to making retail payments.

This level of banking disruption hadn’t been experienced in the country since Malaysia began performing transactions via ATMs over 40 years ago, the first time alternatives to over-the-counter banking were offered.

Digital banking in Malaysia
Now, Malaysia finds itself on the precipice of another financial industry revolution, with Bank Negara Malaysia (BNM) set to issue up to five digital banking licenses for the first time.

BNM’s release of its Exposure Draft on Licensing Framework for Digital Banks had set the stage asking for feedback from prospective digital licensors in December 2019. But in the wake of the COVID-19 pandemic, BNM extended its digital banking framework deadline to June 30 this year, with possibly more delays depending on hurdles in the evolving pandemic landscape.

Both the initial announcement and the deadline extension were met with a flurry of activity from both traditional banks and players in the fintech scene who are all angling to get their applications in for one of these limited licenses.

Despite eased regulations to apply, a digital bank is still going to be a real bank, and will have to comply with forward-looking BNM regulations. As part of the framework requirements, digital bank applicants will need to demonstrate their sustainability and sound operational set up, including showing a defined asset threshold not exceeding RM2 billion (approx. US$468 million) in its initial 3 to 5 years of operations; have robust risk management and compliance procedures; be able to access to deep customer data analytics; must have strong capital strength; and must comply with the Financial Services Act (FSA) and Islamic Financial Services Act (IFSA) regulations, with simplified regulatory requirements at the initial stage.

‘New players on the block’
The interruption caused by COVID-19 has had both positive and negative effects on the fintech service providers vying for the licenses. William Dale, the Regional Director Asia Pacific (APAC) at Mambu, a cloud-native Software-as-a-Service (SaaS) digital banking platform, said: “Banks and financial institutions in Malaysia must decide how they’re going to take advantage of the exciting opportunity that is in front of them, namely, the digital banking revolution about to take place.

“Banks that are reluctant or slow to change to a more digital approach will face enormous competition from the new players on the block…”

While the deadline extension might be a boon for fintech players, the pandemic also acted as a catalyst to turn individuals and enterprises in Malaysia to digital avenues for purchases, productivity, and content. These are trends that the coming wave of digital banks is set to leverage.

Malaysians can’t wait to use digital banking services it appears: a PwC report found that 74 percent of Malaysians are interested in becoming a customer of a virtual bank, and 77 percent are interested in additional services provided by banks beyond the usual financial products.

“For consumers, the main benefits of digital banking will be greater access to financial services at a lower cost, with the introduction of digital banking into Malaysia expected to ultimately drive down the cost of banking services through self-serve technology and automation,” Mambu’s Managing Director APAC, Myles Bertrand, told Tech Wire Asia.

“Eliminating the ‘bricks and mortar’ presence of a bank will also have a hugely positive impact on the cost of banking, for both consumers and the financial institutions themselves.”

Banking the unbanked?
This is in line with BNM’s stated objective of leveraging digital financial services t

Posted by Agjl > 2020-06-25 23:23 | Report Abuse

Victor oh victor yong....here u are again....how we miss you....eapecially your recycling of old news again and again....welcome back, hahaha

Posted by Agjl > 2020-06-25 23:24 | Report Abuse

Victor oh victor, pls give us more news and infors that we dont know,...:)))

Posted by Agjl > 2020-06-25 23:25 | Report Abuse

Macrullen bro, how u doing mate? Seems like u hit and run on gp ya. Hope u made....

Posted by 123eztrade > 2020-06-26 00:07 | Report Abuse

hi cc ..please explain in your Facebook why your share is dropping so much...loss so much....

Posted by stevenckheng > 2020-06-26 00:19 | Report Abuse

waaa how much puan chan cheong buy back

Posted by tien171 > 2020-06-26 00:27 | Report Abuse

you cannot beat the Sharks in this game
They have millions $$$ to play this game.

No use blame anybody ...
you dont understand KLSE .

Posted by SpartanFury > 2020-06-26 00:27 | Report Abuse

hmm looks like boost just took a good move towards one of the license..

Posted by Macrullen > 2020-06-26 01:03 | Report Abuse

Bro Agil, make some quick money on gp but also cut twice. Initially plan to absorb his tickets but the operators too cunning, so cut first and see how low they want to push it down.

Posted by 101st_airborne > 2020-06-26 08:41 | Report Abuse

I wonder if the shares are being artificially driven down so that interested party can take control of gpacket by acquiring lots of shares dirt cheap. If this is the case, I am holding my shares for the next few years.

Posted by Good123 > 2020-06-26 08:49 | Report Abuse

probably puan knew whom to sell to. very likely, the buyer for kendall's stake at 80sen also recommended by puan. puan buys now and sell at profit later :)

Posted by Good123 > 2020-06-26 08:51 | Report Abuse

puan and his friendly party could buy more shares from fearful traders and sell to conglomerate later at a much higher price.

Posted by Victor Yong > 2020-06-26 08:55 | Report Abuse

Great!

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : DEALINGS DURING CLOSED PERIOD
GREEN PACKET BERHAD

Type Announcement
Subject DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS)
DEALINGS DURING CLOSED PERIOD
Description ACQUISITION OF ORDINARY SHARES BY MR PUAN CHAN CHEONG, GROUP MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER
The Company has received a notice dated 25 June 2020 from the Group Managing Director and Chief Executive Officer, Mr Puan Chan Cheong that he has acquired 14,260,300 ordinary shares from the open market during the closed period of the Company (pending release of its First Quarterly Financial Results for the period ended 31 March 2020).



The changes in the current shareholdings of Mr Puan Chan Cheong are shown in the Table below:-



Date of acquired

Direct Interests

% #

Consideration (RM)

Deemed Interest @



B/f

107,336,824



-

169,200,000



25/6/2020

14,260,300



8,069,761.167

-





121,597,124

12.14



169,200,000

16.90



Note :

# The calculation of percentage ratio excludes 7,707,700 treasury shares.

@ Deemed interested via Green Packet Holdings Ltd pursuant to Section 8 of the Companies Act 2016.

He doesn't hold any Warrants B.



This announcement is dated 25 June 2020.





Announcement Info
Company Name GREEN PACKET BERHAD
Stock Name GPACKET
Date Announced 25 Jun 2020
Category General Announcement for PLC
Reference Number GA1-25062020-00061

Posted by Victor Yong > 2020-06-26 08:56 | Report Abuse

Puan holds ~30% stake in GP now. More to come :)

Posted by Stocks888 > 2020-06-26 08:57 | Report Abuse

Hope Today May Green !

Posted by Good123 > 2020-06-26 09:04 | Report Abuse

GP did not apply for extension to submit QR, probably out by or before 30June. probably release on next Monday so that investors could buy non-stop from Monday to Friday but puan is smarter and hearted buying much earlier

Posted by Tarrance Schu > 2020-06-26 09:05 | Report Abuse

today so early turn red

Posted by Good123 > 2020-06-26 09:06 | Report Abuse

expecting reversal of trend today. next week, back to 70-80sen after QR released

Posted by icst1975 > 2020-06-26 09:12 | Report Abuse

Refers to Cryptotrader "Take private at 0.40"

Must be a joke !
1. GP would NOT be taken private. Companies which are taken private are those that make a lot of profits year after year but the market valuation is comparatively very low. Owners don;t think they need to raise money from the public and would rather take it private.

2. GP lost over a billion ringgit 2009 to 2019. Off loading WB to the public,engineering up the share price so that WB holders are lured to subscribe the shares at 40 cents.
25/06/2020 10:14 PM


Technical reading of GP share price chart 25 June 5 pm as follows:

Technically, it is not looking good for GPACKET as its 20-Day Moving Average is sloping downward and its daily share price action have gone below the 20-day and 50-day Moving average line since 3rd June:
Technical Summary
15 mins Hourly Daily
Strong Sell Strong Sell Strong Sell

Posted by Good123 > 2020-06-26 09:14 | Report Abuse

premium for Warrants 12.5%, shows confidence in GP future

Posted by Victor Yong > 2020-06-26 09:22 | Report Abuse

Dah mau datang, sabar je :)

Green Packet in tie-up with Tencent to provide e-KYC | The Star
14 May 2020 · PETALING JAYA: Green Packet Bhd and China's Tencent Holdings Ltd have inked an agreement to leverage on Tencent Cloud to ...

Green Packet partners Tencent Cloud for e-KYC offering | The Star
14 May 2020 · Green Packet's unit KiplePay Sdn Bhd will leverage on Tencent Cloud's facial recognition and machine learning capabilities to build a ...

Tencent to partner Green Packet for cloud services | KLSE Screener
13 Jun 2020 · GREEN Packet Bhd has secured Tencent as the tech partner for the roll-out of their cloud services in Malaysia, according to sources.

Green Packet's Kiplepay teams up with Tencent Cloud to provide e-KYC services ...
13 May 2020 · Green Packet Bhd's wholly- owned unit Kiplepay Sdn Bhd signed an agreement with the cloud computing arm of Chinese technology ...

Green Packet hits daily upper limit on digital banking speculation | The Edge Markets
18 May 2020 · In an earlier announcement, Green Packet said its KipleID e-KYC will deploy Tencent's patented solutions, which can assist banks and ...

Green Packet:
KipleID e KYC
Tencent eKYC
Tencent Cloud

CC Puan - Posts | Facebook
Excited because Green Packet Berhad is going to start a new journey with Tencent Cloud. Thrilled because our KipleID e-KYC solution that leverages ...

Chinese telco group to partner with Green Packet and XOX to roll out 5G?
20 May 2020 · Green Packet's KiplePay had recently signed an agreement with Tencent Holdings which will allow them to tap on Tencent Cloud .

Posted by icst1975 > 2020-06-26 09:23 | Report Abuse

INVESTORS, PLEASE BEWARE:
GP has not make any announcement at official Bursa Malaysia Website,.
The "good news" can also not be found at GPacket official website.

Posted by Agjl > 2020-06-26 09:28 | Report Abuse

Looks like many will be lired into buying in since ccp announced up his stake. Its hard to tell whats the plan. Many questions surround....

Posted by Good123 > 2020-06-26 09:29 | Report Abuse

The coronavirus pandemic has been taking its toll on all sectors. Travel, aviation, automobiles and retail have been some of the major casualties. Tech has been one of the few sectors that seem to have been the least impacted by the pandemic. Wall Street hit a low in late March but since then has bounced back and tech has been one of the biggest reasons behind this rally.

Many at the beginning of the COVID-19 outbreak had predicted that the tech rally would come to a halt after more than two years of driving the markets. Clearly, they have been proven wrong. Increased dependence on technology has once again boosted the prospects of these stocks. The Technology Select Sector SPDR (XLK) has advanced 36.6% in the past 90 days compared with the S

Posted by Stock Wizard ( no sell no loss ) > 2020-06-26 09:30 | Report Abuse

run now .. want forever trapped here ? lol

Posted by Good123 > 2020-06-26 09:35 | Report Abuse

puan might buy more, later sell its stake to friendly party at much higher price

Posted by Good123 > 2020-06-26 09:35 | Report Abuse

puan gains, traders lose out :)

Posted by Good123 > 2020-06-26 09:38 | Report Abuse

Kendall also found buyer for GP at 80sen, korang pulak takut :)

Posted by Good123 > 2020-06-26 09:39 | Report Abuse

another round of transfer of wealth from the fearful to the brave

Posted by keni371 > 2020-06-26 09:41 | Report Abuse

wud shortselling on Bursa be further extended from 30 June 2020? … very near

Posted by Good123 > 2020-06-26 09:50 | Report Abuse

good lah , GP shares are still acceptable to seller :) In comparison, this week GREEN PACKET BHD said it is buying 100% of a tech startup called Xendity, which was founded by Malaysian fintech entrepreneur Sia Hui Yong.

Xendity is being valued at US$10mil, but the bulk of that amount is being paid for in new Green Packet stock. And just under half of the total payment is being tied to performance targets spread out over the next two years. Xendity has the green light of Bank Negara Malaysia to roll out its eKYC products in the local market, and is deemed a bolt on investment for Green Packet.

The two deals by these tech firms are for different rationale and for different stages of growth of the acquirer companies. It is left to be seen which of these acquirers will benefit from these acquisitions that come at a time when corporate activity seems to have come to a standstill.

Posted by Good123 > 2020-06-26 09:53 | Report Abuse

technical analysis, boleh dipakai lagi? :) KUALA LUMPUR (June 18): AllianceDBS Research said Green Packet Bhd (GPacket) had on June 17 traded higher to 73.5 sen before closing at 71 sen (up 3 sen or 4.41%).

In its evening edition June 17, the research house said GPacket crossed above 50-day MA line on June 17 to stay between the 20-day (blue)

Posted by angelo > 2020-06-26 10:02 | Report Abuse

Looks like most people here talking cork only. When GP share went up, you all said this company very good. When GP share dropped, the same people said GP is a lousy company. Don't treat this GP as a casino. I don't own any share in GP but i believe this company has future. I am tempted to buy now just because so many here are so pessimistic about this company.

Posted by Sashay88 > 2020-06-26 10:03 | Report Abuse

Transfer of wealth from the fearful to a bigger FOOL??

Posted by TradingAC > 2020-06-26 10:11 | Report Abuse

angelo, faster buy. GP need someone like you to verify the Greater Fool theory.

Posted by stevenckheng > 2020-06-26 10:11 | Report Abuse

this PUAN CC purposely manipulate the price to buy at low

Posted by Akukakijudi > 2020-06-26 10:24 | Report Abuse

@angelo.
Every forum like dat wan. Haha. Relek

Posted by Agjl > 2020-06-26 10:30 | Report Abuse

Macrullen bro...glad that u manage to hit and run. Actually its very difficult to read what the cunning groups or individual been doing or plan to do...what had been done to shoot up and shoot down was masterclass!!!! 千王之王！

Posted by angelo > 2020-06-26 10:36 | Report Abuse

TradingAC Waiting at 0.53. Will be happy if can get.

Posted by 101st_airborne > 2020-06-26 10:40 | Report Abuse

lots of manipulation, not even syariah compliant

Posted by angelo > 2020-06-26 10:42 | Report Abuse

Akukakijudi Like that punya ka? Saya baru tahu. So these people will say buy buy buy when the share goes up and sell sell sell when the share drops. Their comments will follow the direction movements of the share.

Posted by Stock Wizard ( no sell no loss ) > 2020-06-26 10:48 | Report Abuse

run guys..

Posted by trade88 > 2020-06-26 10:49 | Report Abuse

Can anyone tell me actually how much this stock worth???? I see the syndicate throw it like sell old newspapers...

Posted by Hong Wei Phoon > 2020-06-26 10:53 | Report Abuse

lets wait.... until no hope here.

Posted by enchopls > 2020-06-26 10:53 | Report Abuse

although very promising future, but before it actually earn net profit, around 0.5 bah....

Posted by BostonMaxwell > 2020-06-26 10:55 | Report Abuse

No hope liao