soonli....yes indeed. Ita always not to be too pesimistic or optimistic. When ur stock is down, keep ur cool. When its up, keep your feet grounded and decide.
Indeed its a slap in the face for those who commented in the past few days. Dun worry, they will come out again and start all over again. Something like tmrw sure limit down. Pump and dump dun be stupid get trap sochai etc.
Filter the noises. Those who bought ard 50 just decide when to sell. They pump we dump. Nice!
08-Jul-2020 Insider MR PUAN CHAN CHEONG (a substantial shareholder) disposed 30,000,000 shares on 08-Jul-2020. 08-Jul-2020 Insider MR PUAN CHAN CHEONG (a company director) disposed 30,000,000 shares at 0.650 on 08-Jul-2020.
The positive thinking is MR Puan SELL share to CHINA MAN, negative thinking is MR Puan Sell Share to LOUSY MAN. The different is one is fried company to new era, one is dive company to new era
this is a good news...if there is a buyer willing to buy 30m shares at 0.65 off market means it will go higher so they want to lock in at a fixed price
I am thinking ccpuan just warmup the share ,dont make it so cool and down more,after this will maintain around 0.5x before gpacket make big announcement
Don't panice, it was just one Off market disposed at 0.65 cent. Please find out who took up the ticket? Tencent? or Bankers ? Since the banking digital licence should be on the pipeline. Mr. Puan took the initiative to share his holding with business partner, should be a good move and it was a norm for business development per se.
kalau bukan vip, ini director mau buat ni buat tu untuk orang kecil kah. dan vip besar ini mesti kasi stocks ini future. kalau tak, u pun malas nak layan la, adui
Kendall disposed the 100 mil shares in a few blocks, below the 5% level. So, it is not compulsory to declare who is or are the buyers. It was disposed at RM0.80. Over the last two weeks, CCP bought 26,945,200 shares on average of about RM0.56. PP was at RM0.52. Personally, I think, very likely the buyer of Kendall, PP and CCP's blocks could be the same person/company/institution. To me, it is positive on the company development and prospect. Understanding of the company's fundamental and prospect, will help investors to overcome their emotion.
When CEO kept buying back the shares, the price drop like hell, but when he disposed them the price skyrocketed.....anyone has any idea what's going on?
no need to know what they are doing internally. its all insider and you wont know what is their motive. Just look at the company's business prospect, if you think their business can grow in the future then just buy and hold. No need to bother too much on what the insiders do
Maybe the disposal of 30mil shares by Puan (off market deal) was to create excitement in the market....that is why share price jumped so much today. No other material developments/news. See if the price can hold or drop back tomorrow...
As my previous comment, GP is having the correct strategy in the correct time. As for Cloud, China have few cloud player, AliCloud, Tencent Cloud, Baidu Cloud and the last is HuaWei Cloud. In my previous role in China, I had sold solutions to Huawei to enhance their Cloud so the most I can said, to my knowledge, they are still chasing the others. AliCloud is on their own, Huawei had partnet with TM, while GP is partnering with Tencent with more matured Cloud offering. Needless to say, it will be at a upper hand in term of capability and market competitiveness. From my understanding and observation on how Pony Ma did business, I can’t rude out the possibility the buyer is Tencent or at least one of the company under Tencent Camp. If you familiar with China Internet company, you should know there are only two big camp, either you are Ali or Tencent. Tencent invest in all companies under their camp, not a surprise if they invest in GP. This will make GP directly have access to half of the big Intetnet companies in China. I have bought and I am holding, base on my own personal opinion and background. You make your own call anyway.
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Agjl
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Posted by Agjl > 2020-07-08 16:29 | Report Abuse
soonli....yes indeed. Ita always not to be too pesimistic or optimistic. When ur stock is down, keep ur cool. When its up, keep your feet grounded and decide.
Indeed its a slap in the face for those who commented in the past few days. Dun worry, they will come out again and start all over again. Something like tmrw sure limit down. Pump and dump dun be stupid get trap sochai etc.
Filter the noises. Those who bought ard 50 just decide when to sell. They pump we dump. Nice!