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

Good123

25,227 posts

Posted by Good123 > 2020-06-30 16:47 | Report Abuse

Q1, 2020 revenue increased by ~rm50mil compared to Q1, 2019 gila jump

Good123

25,227 posts

Posted by Good123 > 2020-06-30 16:48 | Report Abuse

the jump in revenue by so much indicated GP produk wanted in the marketplace

Good123

25,227 posts

Posted by Good123 > 2020-06-30 16:49 | Report Abuse

don't miss the boat . now or never

Striker90

2,617 posts

Posted by Striker90 > 2020-06-30 16:50 | Report Abuse

Worst is over, next Q will be green

super_newbie

1,261 posts

Posted by super_newbie > 2020-06-30 16:50 | Report Abuse

Q1, 2020 revenue decreased by ~rm54.6mil compared to Q4, 2019 gila drop... lol

Striker90

2,617 posts

Posted by Striker90 > 2020-06-30 16:51 | Report Abuse

Opps my last bet 0.50 also kena. Sailing aldy

goldenluck16

1,955 posts

Posted by goldenluck16 > 2020-06-30 16:54 | Report Abuse

Closed at its lowest..50 sen. Bleak short term outlook.

angelo

414 posts

Posted by angelo > 2020-06-30 16:54 | Report Abuse

BostonMaxwell Done another 50 lots at 0.50

dompeilee

11,887 posts

Posted by dompeilee > 2020-06-30 16:55 | Report Abuse

cici puan also no power to mop up all the sellers @ day low of 50c lol

dompeilee

11,887 posts

Posted by dompeilee > 2020-06-30 16:55 | Report Abuse

I'm glad the mkt vol drop to below 6 bil. The brokers were getting a bit cocky lol

Striker90

2,617 posts

Posted by Striker90 > 2020-06-30 16:58 | Report Abuse

I followed CC fb as well, the company spirit and momentum to strike is there. Innovative tech co with great vision mission and team spirit. They will go big. All the best

Striker90

2,617 posts

Posted by Striker90 > 2020-06-30 16:58 | Report Abuse

I wonder anyone work at GP is here?

Posted by Tarrance Schu > 2020-06-30 16:58 | Report Abuse

all gg lia.....qr gg , tencent gg , 5G gg ...

fruitcake

788 posts

Posted by fruitcake > 2020-06-30 17:02 | Report Abuse

don't con people money. retribution always come by at the end

dompeilee

11,887 posts

Posted by dompeilee > 2020-06-30 17:02 | Report Abuse

It's becoming clearer that the price spike recently was for major holder to dispose of warrants for a huge profit.

Striker90

2,617 posts

Posted by Striker90 > 2020-06-30 17:03 | Report Abuse

Based on my experience, the share price won’t drop back to 0.40 cents aldy. 0.45-0.5 is very good price for few months holding

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-30 17:05 | Report Abuse

50%+ of the reported loss in Q1,2020 was due to share price of quoted investment. Q2, share price increases, fair value gain pulak :)

Fair value loss on other quoted investment (17,247,000).

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-30 17:09 | Report Abuse

:)

In a filing today, Green Packet said the higher loss was mainly due to the fair value adjustment provided for an investment as at March 31, 2020 of RM17.25 million, coupled with higher business development costs incurred for the digital services and communication retail business.

This was despite a 50% increase in revenue to RM147.05 million from RM97.94 million a year ago, on the back of higher sales across its business segments.

The group said its software and devices business registered 357% higher sales in the current quarter due to higher shipments to ASEAN, Europe, the Middle East and Latin America.

The digital services business recorded a higher revenue of 126% in the current quarter year-on-year mainly due to increased contributions from the new small and medium enterprise merchants.

Its communication services business also recorded a higher revenue of 41% in the current quarter thanks to a substantial increase in sales from telecommunication carriers in ASEAN, Hong Kong and China.

Despite the impact of the Covid-19 pandemic, the board expects a better performance for the current financial year, said Green Packet, due to the progressive market response to the rapid digital connectivity of workplace safety processes by both the private and public sectors.

Agjl

5,708 posts

Posted by Agjl > 2020-06-30 17:09 | Report Abuse

For those who expect the melt down ans q low low to buy in the afternoon session probably has to be disapointed for today...dun be sad and dun give up. There is always tmrw:). And also next mths. May be if ubwaited enough and keep up the negatives talk on gp the price may drop yo 40 sen then i can buy in bulks. Anything is possible , sun we agree?

SamSam

1,464 posts

Posted by SamSam > 2020-06-30 17:12 | Report Abuse

promoters sudah balik.

a loss is a loss

no need to sugar coat it

lol

Agjl

5,708 posts

Posted by Agjl > 2020-06-30 17:13 | Report Abuse

Especially to nekosaan bro...dun be sad today didnt reach your target price of 0.20. But u still have one weapon and one hope, that is CAPITAL REDUCTION, which u been religiously sing out loud here. Anything is possible bro. I believe if u keep talking about it, the company will get scare and continue make losses and going towards the path pf capital reduction...:))) pray and wish hard, your wish may come true.....

And dun forget to extract the 2018 proposal and put it in this forum and scare people ya.:)))

SamSam

1,464 posts

Posted by SamSam > 2020-06-30 17:13 | Report Abuse

pls promote using some good and innovative news...

no need to recycle old news or so called impairment...lol

Agjl

5,708 posts

Posted by Agjl > 2020-06-30 17:15 | Report Abuse

Victor yong bro... appreciate your recycling efforts..i believe we all can read and as accessible to print media and electronic media like u do . :) please tell us what we dun know and what the press dun know.

GoldenShares

3,538 posts

Posted by GoldenShares > 2020-06-30 17:19 | Report Abuse

0.50, all matched, : )

Good123

25,227 posts

Posted by Good123 > 2020-06-30 17:26 | Report Abuse

Q2, 2020 will be interesting, conversion of Warrants in Q1, only RM900K . Q2, rm30-4Omil cash from conversion of Warrants, nta would rise. mytv pays RM20mil for arbitration withdrawn, impairment loss from quoted investment due to march 2020 Rm17 mil could become impairment gain more than rm17mil, share price is much higher as at 30 june.

buy n hold till Q2 results are released.

Good123

25,227 posts

Posted by Good123 > 2020-06-30 17:30 | Report Abuse

new substantial shareholders replacing Kendall should be known soon too. it could be a conglomerate, paid 80sen per share for kendall's stake.


be calm. looking at the share price today, pretty steady because not many people able to understand the financial statements well.

tomorrow, expecting strong rebound

Good123

25,227 posts

Posted by Good123 > 2020-06-30 17:31 | Report Abuse

the buyer of Kendall's stake should know what is ahead especially Q2 onwards. tak bobo type

Good123

25,227 posts

Posted by Good123 > 2020-06-30 17:34 | Report Abuse

GP, strong cash position, more than rm40mil . Q2, could be rm100mil , conversion of Warrants, payment from mytv, etc.

Good123

25,227 posts

Posted by Good123 > 2020-06-30 17:34 | Report Abuse

10% private placement is OTW. :)

Good123

25,227 posts

Posted by Good123 > 2020-06-30 17:36 | Report Abuse

more money for digital banking n cloud computing. partners should be revealed together with new private placement. all the best

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-30 17:37 | Report Abuse

Agreed. Rebound is very likely tomorrow

Striker90

2,617 posts

Posted by Striker90 > 2020-06-30 17:37 | Report Abuse

V shape rebound to Hit 200 EMA 0.70

fruitcake

788 posts

Posted by fruitcake > 2020-06-30 17:44 | Report Abuse

all dreaming

Posted by Hong Wei Phoon > 2020-06-30 17:46 | Report Abuse

Operator send you to see 40 cents.

MaYun

264 posts

Posted by MaYun > 2020-06-30 17:49 | Report Abuse

ha ha ha , I am now full of positive energy towards this counter. have the urge of buy and keep after reading os many positive posts. ; )

Posted by BostonMaxwell > 2020-06-30 18:00 | Report Abuse

The worst is over. Let's see whether will drop further or shoot up

dompeilee

11,887 posts

Posted by dompeilee > 2020-06-30 18:02 | Report Abuse

Waaa...cash 50 mil ahh.....but the borrowings how much? 289 mil kekeke

dompeilee

11,887 posts

Posted by dompeilee > 2020-06-30 18:05 | Report Abuse

Also, reserves shrunk by - 95.4%...really good company hor this Gpacket...maybe shld chg name to Bleedingpacket lol

stonkong

114 posts

Posted by stonkong > 2020-06-30 18:06 | Report Abuse

For those who hold, hope we will see the light end of the tunnel.

face

670 posts

Posted by face > 2020-06-30 18:07 | Report Abuse

All empty talk, just sell tomorrow, 40cents coming

dompeilee

11,887 posts

Posted by dompeilee > 2020-06-30 18:09 | Report Abuse

Insider already telling ppl to sell since 24/6 when it was 57c

Good123

25,227 posts

Posted by Good123 > 2020-06-30 18:10 | Report Abuse

the rm17mil fair value adj in quoted investment (~30% stake in G3). G3 share price was RM2.67 on 31.12.2019, fell to RM1.76 on 31.3.2020. G3 rebounded to rm2.39 on 30.6.2020. fair value gain in quoted investment for Q2, 2020 is now confirmed rm10-15mil . yeah!

Good123

25,227 posts

Posted by Good123 > 2020-06-30 18:14 | Report Abuse

Q2,2020 could be a very profitable Quart. fair value gain in quoted investment from G3 ~rm10-15mil due to strong rebound of G3 share price today, June 30, 2020. I suggest GP return all G3 shares to all GP existing shareholders to avoid this quarterly fair value adjustment in quoted investment (G3 global BHD) like Q1, 2020 where march 2020 was the worst month for stocks.

Good123

25,227 posts

Posted by Good123 > 2020-06-30 18:17 | Report Abuse

the RM20mil from mytv for putting aside the arbitration should enhance Q2,2020 profit by RM20mil too.

Good123

25,227 posts

Posted by Good123 > 2020-06-30 18:18 | Report Abuse

Q2,2020 is expected to be a very profitable Quarter for GP

Striker90

2,617 posts

Posted by Striker90 > 2020-06-30 18:19 | Report Abuse

Don’t forget this stock basic come up from 0.40 when there’s no news. Now is 50 cents will so much potential. Event drop back to 40 cents only 20% drop in paper, what so wory? You put money one day expect 20% return?

Striker90

2,617 posts

Posted by Striker90 > 2020-06-30 18:20 | Report Abuse

Chill la

Good123

25,227 posts

Posted by Good123 > 2020-06-30 18:23 | Report Abuse

bnm finalised digital banking framework today.june 30 reported earlier. hopefully, more good news from gp too

Posted by SpartanFury > 2020-06-30 18:36 | Report Abuse

lol.. is someone who invested in GP... in sun as well
https://www.thesundaily.my/business/green-packet-hammered-by-fair-value-loss-for-q1-KX2642840

jutawansenyap

1,780 posts

Posted by jutawansenyap > 2020-06-30 18:45 | Report Abuse

Hoping for big red candle tomorrow to catch falling knife.
Definately panic selling coz consider break 50 cents support price now.

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