GREEN PACKET BHD

KLSE (MYR): GPACKET (0082)

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Last Price

0.04

Today's Change

+0.005 (14.29%)

Day's Change

0.035 - 0.04

Trading Volume

83,100


31 people like this.

24,892 comment(s). Last comment by sampooler 5 days ago

Posted by Akukakijudi > 2020-06-26 18:21 | Report Abuse

Buay phak chui cheng

Posted by Akukakijudi > 2020-06-26 18:22 | Report Abuse

Good123 die hard fan

Posted by Akukakijudi > 2020-06-26 18:22 | Report Abuse

Great

Posted by BostonMaxwell > 2020-06-26 19:29 | Report Abuse

Idss extend to 31Dec hooray

Good123

25,227 posts

Posted by Good123 > 2020-06-26 19:54 | Report Abuse

MEDIA STATEMENT
Kuala Lumpur, 26 June 2020
SC and Bursa Malaysia Extend Short Selling Suspension Until 31 December
2020
The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia)
have decided to further extend the temporary suspension of short-selling to 31
December 2020.
There will not be any change to the scope of the suspension, in that, it applies to
Intraday Short Selling (IDSS) and Regulated Short Selling (RSS), as well as intraday
short selling by Proprietary Day Traders. Permitted Short Selling (PSS) is not affected
by the temporary suspension of short selling, as PSS is necessary for market makers
to market make the relevant securities such as exchange traded funds efficiently.
The temporary suspension, which began on 24 March 2020 was extended on 28 April
2020, and is scheduled to expire on 30 June 2020.
SECURITIES COMMISSION MALAYSIA
BURSA MALAYSIA BERHAD

Jumam2173

223 posts

Posted by Jumam2173 > 2020-06-26 20:18 | Report Abuse

Hello everyone. Newbie here. 1000 lot sangkut. Die.

nekosaan

625 posts

Posted by nekosaan > 2020-06-26 20:22 | Report Abuse

Ah Boey buy 5 lots just for fun? ha ha

Agjl

5,708 posts

Posted by Agjl > 2020-06-26 20:32 | Report Abuse

Ah boey buy 5 lots to show support

mf

28,178 posts

Posted by mf > 2020-06-26 21:38 |

Post removed.Why?

Posted by Stock Wizard ( no sell no loss ) > 2020-06-26 21:44 | Report Abuse

very interesting counter haha , interesting share price

Posted by diuleiloumei > 2020-06-26 22:12 | Report Abuse

Hi CC Puan , how are you? How's your goreng party so far ? 0.70 become 0.545

lailai888

228 posts

Posted by lailai888 > 2020-06-26 22:27 | Report Abuse

More goreng more tasty

Good123

25,227 posts

Posted by Good123 > 2020-06-26 22:46 | Report Abuse

M

Good123

25,227 posts

Posted by Good123 > 2020-06-26 23:46 | Report Abuse

QR if released next Monday, impactful.

Good123

25,227 posts

Posted by Good123 > 2020-06-26 23:46 | Report Abuse

more news, analyst coverage, etc should be implemented

Agjl

5,708 posts

Posted by Agjl > 2020-06-26 23:49 | Report Abuse

Q resulta couls impact down or up.....looking at the performance of share price,,,errrrrrr

Good123

25,227 posts

Posted by Good123 > 2020-06-26 23:51 | Report Abuse

next week, more interesting

kimsean

232 posts

Posted by kimsean > 2020-06-27 08:29 | Report Abuse

Must have thrown at peak prices and now replenishing in huge bulk off market.

mushroom

664 posts

Posted by mushroom > 2020-06-27 09:32 | Report Abuse

Enough lah... dont pose old news anymore. GP going to 0.50

Good123

25,227 posts

Posted by Good123 > 2020-06-27 09:42 | Report Abuse

eKYC memang sesuatu Yang nyata.

Speaking at a virtual media briefing yesterday, Alliance Bank group CEO Joel Kornreich said the eKYC solution will be implemented across deposit, credit card and personal loan transactions

PETALING JAYA: Alliance Bank Malaysia Bhd will be launching its e-Know Your Customer (eKYC) solution in the next few months, that will enable the bank to be fully digital and mobile based.

Speaking at a virtual media briefing yesterday, Alliance Bank group CEO Joel Kornreich said the eKYC solution will be implemented across deposit, credit card and personal loan transactions.

“We will also be launching several digital products next month, such as small and medium enterprise (SME) digital loan, electronic trade solution and BizSmart mobile.

“During the financial year 2020 (FY20), Alliance launched the Branch-in-a-Tablet solution, where consumer current account savings account (Casa) can be set up in 15 minutes, while business Casa can be set up in one visit, one day.

“We successfully onboarded more than 90% of our customers and booked RM60mil worth of digital personal loans via this solution, ” he said.

On the automatic six-month moratorium for consumer and SME loan repayments that took effect on April 1, Kornreich noted that out of the eligible base of RM28.6bil, some 18% or RM5.15bil have opted out of the moratorium.

As there is no compounding and additional interest on deferred installments during moratorium, Alliance expects its day-one modification loss to be about RM60mil, of which the unwinding impact in FY21 will be RM35mil, while the net impact to net interest income in FY21 will amount to an estimated RM25mil.

Hence, Alliance will continue to proactively engage with customers to reschedule and restructure their facilities to minimise the day-one modification loss impact.

Apart from that, in a move to conserve capital to support future business expansion, the board of directors of Alliance will not recommend a second interim dividend.

As such, the total dividend declared for FY20 will be 6 sen per share, representing a dividend payout ratio of 21.9%.

Going forward, Alliance will continue to grow its SME and consumer banking segments, which increased by RM700mil for each segment in FY20, representing 8% and 2.8% year-on-year (y-o-y) growth, respectively.

Note that this was despite a 2.2% y-o-y slow down in overall gross loans in FY20.

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-27 09:49 | Report Abuse

CTOS is GP punya customer plus GP Dan syarikat associate, G3 juga fokus segment ini. :)

The big data game has been set alight in Malaysia. Quietly, a number of mergers and acquisitions (M&As) have been taking place in the sector, indicating a growing competitive business landscape that holds much future growth potential.

At the centre of this are credit reporting agencies (CRAs) - essentially companies that are able to scrape as much data about individuals and companies to rate or score them in some way. These ratings are then sold to financial institutions or other firms keen to do business with such parties.

Another aspect of CRAs is that they offer products directly to consumers to help them better understand their ratings and improve them.

This week, CTOS Data Systems Sdn Bhd, Malaysia’s largest CRA, acquired CIBI Information Inc in the Philippines. The purchase of CIBI, which is one of Philippines’ most established players, marks CTOS’ first foray outside of Malaysia.

CTOS itself was the subject of a significant M&A when in 2014 private equity firm Creador forked out RM215mil to acquire a 70% stake.

Creador has been actively involved in growing the CTOS business and industry sources indicate that the PE firm is currently valuing CTOS at around RM1bil.

More M&A deals have taken place.

Perhaps the most significant one was that which involved a fight for control over a CRA called RAM Credit Information Sdn Bhd (RAMCI).

Late last year, RAM Holdings Bhd decided to sell its 33.15% holding in RAMCI, which was founded in 2000.

Industry players say RAM decided to divest as they were not hands-on in this business and also after realising the stake could fetch a tidy sum.

A sales process was called and it is understood that one of the front runners was CTOS.

CTOS already had a 16% stake in RAMCI which it bought in July 2019 for RM27mil from Main Market-listed Omesti Bhd, yet another player in the scene. But a surprising bidder emerged as winner, namely Ireland-based Experian, a global information services company that’s been boosting its presence in the region.

The figure paid by Experian for the controlling stake in RAMCI, while undisclosed, is said to be a new record in the valuations of CRAs in Malaysia. Experian, which had been a long-time shareholder of RAMCI, says the purchase of RAM’s controlling stake is strategic as it extended Experian’s position in Asia-Pacific.

“We added a fourth credit bureau, besides India, Australia and Singapore, to our operations in the region, ” Experian Credit & Information Services Malaysia chief executive office Dawn Lai tells StarBizweek. Following this corporate exercise, Experian has upped its stake in RAMCI to 74%, buying out other shareholders. CTOS also raised its stake to 26% at present. With CTOS and RAMCI (since renamed Experian), the main two players competing in the credit reporting space in Malaysia, it remains an odd situation that CTOS remains a minority shareholder in the latter. When asked on this, Creador’s founder and chief executive officer Brahmal Vasudevan says “we lost the bid for RAM’s controlling stake (in RAMCI) last September to Experian. So we need to decide what to do.”

Since then, there have been more developments taking place that make this credit information space an interesting one to watch. Just two months ago, Sunway group, a conglomerate involved in traditional businesses from real estate to construction, education and medical services, surprisingly said it was buying a 51% stake in Credit Bureau Malaysia (CBM), said to be the third largest CRA in the country.

But why? The deal revealed a hitherto little-known ambition of the Sunway group to get into the financial technology (fintech) space in a big way. In fact, Sunway reckons that owning CBM, which focuses on financial inclusion of the SME sector, puts it in a good position to become a licensed digital bank in Malaysia. The other shareholder of CBM is Credit Guarantee Corp Malaysia Bhd - an organisation that aims to assist micro, small and medium size enterprises with inadequate or without collateral and track record to obtain credit facilities from financial institutions by providing guarantee cover on such facilities.

However, CBM is said to be one of the smaller players in the CRA game and Sunway will need to figure out a strategy that would make their investment into CBM worthwhile.

Sunway declined to comment for this article.

Expanding sector

Meanwhile, Omesti, which sold off its minority RAMCI stake last year to CTOS, has announced plans to re-enter the space. It has teamed up with CRIF, an Italy-based credit information company to venture into credit reporting. Both Experian and CRIF have been seeking to grow their global footprint. Outside the country, one of the oldest companies in the business, Dun & Bradstreet Holdings Inc, whose origins can be traced to 1841, has recently filed for an IPO in the US to raise US$1.4bil.

Posted by Kinvestshare > 2020-06-27 10:59 | Report Abuse

Thanks Victor, giving a full detail and picture on the potential growth of GP. You make a good move. I support.

Posted by Joseph2020 > 2020-06-27 11:03 | Report Abuse

早上好。 Victor Yong 勇者先生。 您知道Gpacket何时发布季度报告吗? 我听说是下周。 对吗?

Posted by BostonMaxwell > 2020-06-27 11:05 | Report Abuse

对 Before 30June

Posted by BetterTomorrow > 2020-06-27 11:07 | Report Abuse

Victor Yong thanks for information, it seem like almost 100% corner in warrant, I believe same to mother shares this to explain no profit but price surge with story of IA. I believe it may share split and do again like greenpacket, move prive up and distribute warrant

Posted by BetterTomorrow > 2020-06-27 11:07 | Report Abuse

Wah better buy hahaha

Posted by BetterTomorrow > 2020-06-27 11:10 | Report Abuse

Wah they also corner mothers? My god, prepare to distribute to us?

Khoo810

160 posts

Posted by Khoo810 > 2020-06-27 11:14 | Report Abuse

Right issue coming...0.3

Posted by BetterTomorrow > 2020-06-27 11:16 | Report Abuse

I think GP has potential for growth but it depend on whether they can succeed or not. This happen to previous invetsmen of wimax, they fail due to big competition by big boy maxis, digi and etc, now they enter into IA or any e wallet, I believe not just they alone are venture into it, the different is they use alot media to promote (to help stock prive perhaps) and the rest just quietly grow the Biz. Bear in mind. This type of biz need alot of capital. I believe they are facing competition from bank in e wallet or e banking, IA maybe from other company. Story is juciy but not sure about success rate. Their stock always run far before the result.

Posted by BetterTomorrow > 2020-06-27 11:19 | Report Abuse

No offend but is just my opinion. From what we seen in G3 shareholders list, this is about cornering the stock, then create a nice story and sell to us. This is answer why price can surge so high. All the familier name of shareholder also appear in other company like VC, MMAG in their annual report I guess. These appear to be share control by group of syndicates. Anyway who care as far as we making benefit of their game. Entering point and exit time is very important.

mikeann

812 posts

Posted by mikeann > 2020-06-27 11:29 | Report Abuse

Stock seems grossly oversold.

It has dropped from a high of 1.65 to the current price of 0.545 , a drastic drop of 1.10.

Selling seems gradually reducing now.

Rebound is imminent. Immediate resistance is at 0.80

Posted by Joseph2020 > 2020-06-27 11:34 | Report Abuse

波士顿先生。 谢谢。 6月30日是下周二。 我想下周一和周二的交易会非常火爆

Agjl

5,708 posts

Posted by Agjl > 2020-06-27 11:38 | Report Abuse

Joseph2020....火爆上,还是火爆下? :)

pang72

49,699 posts

Posted by pang72 > 2020-06-27 11:42 | Report Abuse

Buy at 40c.

Agjl

5,708 posts

Posted by Agjl > 2020-06-27 11:44 | Report Abuse

Buy at 40c, sell at 35c? :)))

Agjl

5,708 posts

Posted by Agjl > 2020-06-27 11:46 | Report Abuse

Bettertomorow....agreed with your comments and opinions. There ate few e wallets out there already and also few companies offering cloud services. What set gp apart is they have a big marketing budget to boast their products which othera are already doing it quite well ans quietly....

Agjl

5,708 posts

Posted by Agjl > 2020-06-27 11:46 | Report Abuse

It has been proven ccp is a excellent PR man with the press and investors....

Posted by Joseph2020 > 2020-06-27 11:49 | Report Abuse

G3公司名称有点怪。 我有点困惑。 G3和Gpacket是否在做类似的产品? 否则,Victor Yong不会让我们知道许多G3详细的股东信息。 他们是同一个管理团队吗?

Good123

25,227 posts

Posted by Good123 > 2020-06-27 12:52 | Report Abuse

Revenue of GP increased from Dec19 Q1 RM97,935,00 to Dec19 Q4 RM201,726,000 within such short period had proven the ability of GP

Good123

25,227 posts

Posted by Good123 > 2020-06-27 12:53 | Report Abuse

acquiring GP is also acquiring G3 which is controlled by gp via mother share and Warrant.

Good123

25,227 posts

Posted by Good123 > 2020-06-27 13:01 | Report Abuse

kiplePay seems very successful in this aspect. Product road map

An area of importance for investors is the product road map, or a company’s plan for future product evolution and growth. The road map is often owned by the product management organization or jointly with the R

Good123

25,227 posts

Posted by Good123 > 2020-06-27 13:10 | Report Abuse

GP is moving into the right market segment e.g. payment gateway, e-wallet, eKYC, etc like IBM did last time.

In IBM’s case they are moving out of hardware, which is a big revenue item, but not so much of a net earnings item. They’re moving into services and support, which is a lower revenue item, but at a lot higher earnings.

next year, should see more things e.g. digital bank, cloud computing, etc.

signn

1,813 posts

Posted by signn > 2020-06-27 13:16 | Report Abuse

icst something...aiyo you should try harder la.
gp join with bank islam n tencent apply digital bank lisence la

adui...like that sure ok wan.

u must try harder to talk down gp la. lol

signn

1,813 posts

Posted by signn > 2020-06-27 13:20 | Report Abuse

pls give more facts n evidence pls. just say myeg only. so bias

icst1975

166 posts

Posted by icst1975 > 2020-06-27 13:27 | Report Abuse

Like GPACKET, G3 is another company with extremely poor business performance, making big losses totalling -108m ringgit in 8 years out of last 9 financial years .

31/12/2019 31/12/2018 31/12/2017 31/12/2016 31/7/2016
-15,776 -17,147 -12,798 0 -14,327

31/7/2015 31/7/2014 31/7/2013 31/7/2012 31/7/2011
-4,646 -10,384 888 -13,418 -20,515


Another Goreng stock to cream money from innocent investors ?

angelo

414 posts

Posted by angelo > 2020-06-27 13:39 | Report Abuse

Hopefully can get 100 lots at 0.53 on next Monday.

Good123

25,227 posts

Posted by Good123 > 2020-06-27 13:53 | Report Abuse

Green Packet Berhad (MYX: 0082) is a company headquartered in Malaysia, which provides carrier grade Mobile data offloading solutions, and 4G devices that supports LTE, WiMAX and Wi-Fi technologies.

Green Packet Berhad

Type

Publicly traded companyTraded asMYX: 0082ISINMYQ0082OO006IndustryTelecommunicationsFounded2000Headquarters

Petaling Jaya



Malaysia

Key people

Omar Abdul Rahman, Chairman
CC Puan, CEOProductsMobile data offloading, 4G devices, Wimax devices

Number of employees

800 (Worldwide)Websitewww.greenpacket.com

Green Packet have regional offices in United States, Middle East, Oceania, China and Taiwan.[1]

Products and ServicesEdit

Green Packet is a global supplier of 4G Wimax devices[2] and Mobile data offloading[3] solutions for telecommunication operators.

SubsidiaryEdit

In August 2008, Green Packet started up Packet One Networks,[4] the first Wimax service provider in Malaysia.[5]

Awards and recognitionEdit

Green Packet achievements:

Green Packet Launches Dualmode Wimax LTE Modem - June 2012[6]

Green Packet

icst1975

166 posts

Posted by icst1975 > 2020-06-27 14:11 | Report Abuse

INVESTORS BEWARE! Unscrupulous cyber trooper goreng gang is actively operating in this forum again after "milking" a few tens to a few hundred millions from innocent public investors in May 2020.

“Green Packet partners Tencent Cloud for e-KYC offering” ; Star News 14th May 2020.

This "news" was actually an advertisement written and paid for publication in STAR Business by concerned party. Anyone can read this news advertisement as it is not locked. Star news written by Star reporters, and which were not paid advertisements cannot be accessed by public who have not subscribed to STAR. They can only see news title and the first few lines.
Was it Goreng news or was it a serious important business undertaking?
I checked the official Bursa Malaysia website where listed Companies make their announcement. I also checked GP Company Website. I could not see any announcement relating to GP collaboration with Ten Cent.

Good123

25,227 posts

Posted by Good123 > 2020-06-27 14:14 | Report Abuse

possible that one group buying and selling among kawan, pressing up and down, then when good news, share price rebound , their wealth increase. those fearful traders Dah Jual , rugi besar sebab takut Dan takda Wang untuk memegang syer, kena game :). Ada Yang bitter Dalam forum ini, mungkin Dah realised loss besar :)

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

what la theedge also reported

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