the new substantial shareholder of GP could also be "China Mobile", hopefully made public at EGM next Thursday. GP shares were traded off market also last year. read the following example.
Green Packet sees 3.8% stake traded off market
Wong Ee Lin
/
theedgemarkets.com
November 04, 2019 20:11 pm 08
KUALA LUMPUR (Nov 4): Some 35 million Green Packet Bhd shares crossed off-market today. This represents 3.79% of the company's total 924.02 million shares.
According to Bloomberg data tracking trade of 300,000 shares or more, the shares were transacted in three blocks, worth a total of RM26.25 million.
The transactions were carried out at 75 sen a share, a premium of 2.74% from its current market price. It is not immediately known as to whom the parties involved in the transaction are.
On Friday (Nov 1), Green Packet had entered into a Memorandum of Understanding with China Mobile Group Device Co Ltd for both parties to explore opportunities in promoting and distributing each other’s products and services.
The Chinese firm is a subsidiary of state-owned China Mobile Communications Group Co Ltd, whose other subsidiaries include China’s largest telecommunications company, China Mobile Ltd.
Shares of Green Packet closed unchanged at 73 sen today, valuing the company at RM674.53 million. Some 11.33 million shares were traded. Year-to-date, the counter jumped 135.5% from 31 sen.
Whether the AGM or EGM can push up the stock, we can never know. It's all back to sentiment. We need both the retail and the big boys to excite the stoke and tango together.
Yesterday somebody shouting so loud today and tmrw will have many news announced by GP, i look high and low until now still cant find. May be he meant yesterday he will announced GP news himself,.....old recycle news that is....:)))) young man oh young man, u r trying a little too hard...comes to a point reading all the recycle news becoming a pain in the axx for many.....
If you are working for CCP, u have done enough and done a pretty decent job. Let the market determine and judge itself...its better that way. When promoting and not sharing any thing newbor constructive, it will become a nuisance to others and it looks bad and immature on you....cheers!
the exit of Kendall at 80sen was a blessing in disguise indeed for GP. GP needs substantial shareholder cum biz partner like tencent, china mobile, bank Islam, etc. hope CCP will disclose it before or during the EGM next Thursday. Happy Weekends!
with so many good news OTW , no reason for the GP to fall unless a party is manipulating, etc. however, just be calm and cool till EGM next Thursday. patience is a virtue. Tuhan memberkati! :)
no wonder, cloud computing biz is of utmost importance. :) all businesses need to digitalise regardless of size, etc :)
Finlab UOB
UNITED Overseas Bank (Malaysia) Bhd (UOB) and The FinLab have launched The FinLab Online, a regional digital platform to help local SMEs and start-ups implement digital solutions to transform their businesses.
UOB chief executive officer Wong Kim Choong says the digital platform will make it easier for SMEs to drive their digitalisation plans.
“Given that the current operating environment has been impacted greatly by the Covid-19 pandemic, it is now even more critical for businesses to use technology effectively to upskill their employees and to manage their operations more efficiently.
“This will help ensure that they remain viable and relevant as consumption increasingly shifts online and against the backdrop of social distancing standard operating procedures and guidelines set up by the government, ” he says.
Since its launch in 2015, The FinLab has received interest from more than 2,000 businesses in Malaysia, Singapore and Thailand.
The digital platform will incorporate the Jom Transform Programme, the first business transformation programme in Malaysia to help local SMEs digitalise their operations for productivity and revenue growth.
Participants in the Jom Transform Programme will go through a one-month curriculum on The FinLab Online and tap the expertise of industry mentors from UOB and its regional ecosystem partners.
Participants will also be able to conduct a self-assessment of their technology needs based on The FinLab’s proprietary business analysis tools and be guided on digitalisation strategies and solutions to address immediate business challenges and matched with relevant technology solution providers.
“Digital adoption is not a one-size-fits-all approach, and there is a clear demand for tailored, actionable support for SMEs and start-ups to take charge of their business growth journey, ” says the FinLab co-head Pauline Sim.
The Jom Transform Programme aims to help at least 100 Malaysian SMEs embrace digitalisation to achieve one of the following outcomes: increase in revenue, reduction in business cost, improvement of process time cycle, reduction in man hours or creation of new sources of growth.
This year, the programme includes support from the Malaysia Digital Economy Corporation (MDEC) through its Smart Automation Grant, which will be offered to participating businesses that successfully pitch their digitalisation plans and demonstrate tangible outcomes.
“The impact of the Covid-19 pandemic gave many organisations, especially SMEs, the imperative to rethink and to reorganise their respective business models. It is now more important than ever for SMEs, who are the backbone of the Malaysian economy, to take that digital leap – not only to survive, but to thrive, ” adds Surina Shukri, chief executive officer of MDEC.
The programme will commence in August. Local businesses may register at thefinlab.com/malaysiajomtransform
well done, CCP! keep it up, Great Eastern Assurance and so many other investors are with you on this journey. we expect greater thing to come and prosper everyone. Bravo!
Green Packet diversifies into cloud computing solutions | The Edge Markets
6 Jun 2020 · Green Packet Bhd is diversifying its principal business activities to include cloud computing solutions. In a statement, the group said ...
the results for Q2, 2020 might show profit because G3 share price has recovered (gain from quoted investment in G3) plus rm24mil from mytv. these 2 items would definitely bring a fruitful quarter GP. we will know next month. well, we can wait :)
fail P1 Wimax , use old technology , use useless technology on the mobile operator, no wonder every year loss money. NGT network ? keep losing money, still got face to expand new plan ? how many fail project ady ? just retire and eat maggi mee la, u really tot you are entrepreneur ? ccpuan better step down, you are not a techpreneur, you only know how to talk n ur idea are old, tipu investor money to support ur useless dream ? no wonder kendall also exit n no one want to own this company , now this share rubbish until goreng purpose only . wakakakkakakakaka
it also boogles the mind why until now there is still no announcement as to who took the kendalls shares, the pp buys and the 300mil shares sold by ccp.
Attend EGM next thursday and ask CCP directly :) Share price will fly if the new substantial shareholders not only cash rich conglomerate but also able to add value to GP.
Hope to know before or on the EGM next thursday. :)
@coolinvestor it also boogles the mind why until now there is still no announcement as to who took the kendalls shares, the pp buys and the 300mil shares sold by ccp. 18/07/2020 1:29 PM
coolinvestor why no info? the secretive agenda is making ppl lose patience. i really wonder why they do this 18/07/2020 1:29 PM
coolinvestor the amount spent to buy those shares are about 166mil. so why no info? 18/07/2020 1:31 PM
coolinvestor unless there are a group of ppl who bought those shares? their shareholdings are so little below 5% that they do not need to disclose? 18/07/2020 1:33 PM
coolinvestor weird 18/07/2020 1:33 PM
coolinvestor this silence does not help gp reputation....goodness
CCP must focus on generating profit for GP. hope to see GP will command the same PER like the tech stocks in USA soon :)
ONE of the strongest outperformances in the US market today is the technology sector and it showed how the “FAAMG” stocks have performed so well despite the rich valuations., trading at just below 30x price-to-earnings (PER) ratio.
For those not in the know, the acronym “FAAMG” stands for Facebook, Amazon, Apple, Microsoft and Google and this was coined by Goldman Sachs in 2017. In fact, that abbreviation is an evolution to the original acronym of four original stocks – “FANG”, which stood for Facebook, Amazon, Netflix and Google.
The original 2013 acronym evolved at a later stage, four years later, to “FAANG”. This incorporated Apple (the second “A”) in the acronym. Although Google has since changed its name to Alphabet, the original “G” is still attached to both the “FAAMG’ and “FAANG” acronyms.
Whether it is the performance of FAANG or FAAMG, all tech stocks have been enjoying spectacular runs this year and from the year’s low, the group of stocks are also up by about two-thirds in value. Another spectacular performance, which has been much talked about is by Tesla. The share price today makes the tech-based automotive company the largest among all with market capitalisation of more than US$278bil. Tesla’s share price is up 258% year-to-date and some 315% from the March low of US$361.22 per share.
It is worth noting that Green Packet Bhd has also ventured into the cloud space after its unit Kiplepay Sdn Bhd signed an agreement with the cloud computing arm of Chinese tech giant Tencent Holdings Ltd last month.
attend next Thursday EGM for doing cloud biz with tencent. Tencent Cloud is a secure, reliable and high-performance public cloud service provider that integrates Tencent's infrastructure building capabilities with the advantages of its massive-user platform and ecosystem.
i am begining to suspect that there is NO new major shareholder coming in. no tencent or wat cent. thats why theres such a prolonged quiet period.
since its suspected that china parties are buying the kendall portion, the PP, and the recent block disposed by ccp, i suspect that there are a couple of high flyers n not 1 major buyer as imagined. hence the silence
bad thing is no new exciting major sh to inject new tech n vision n direction for the company.
good thing is, u now also will highly suspect that these new parties are here for trading the shares. lol
If the kendal stake taker and all the pp are reputable entities, long ago already announced loud and clear. Dun need to play suspense。
Just look at xox, diam diam nego then at the right time announced price boomed.
At least they provide a figure for excited...RM1b amt available for micro financing. Whether thisbis true or not or need further authorities approval remain to be seen. But and but...at least there us a figure..
Look at GP, with all the talks and so called great news,, any earnings guidance??? Any revenue guidance? Or even anything more in depth explaning? It all looks good and sounds good and leave all to our imaginations....:)))) thats the way...and we have promoter with aka keep recycling old news sown the memory lanes as if we never read and we need all these reminders of old news...i can only shake my head in disbelief.....anyway, all is not lost, may be somebody will whack up the price then everyone will be happy.
By the way, whoever is holding any shares in BURSA has all the damn rights to sell or buy. Please bear in mind and use a little of your inteligence and common sense!! Hahaha what a clown...
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Good123
27,725 posts
Posted by Good123 > 2020-07-18 07:12 | Report Abuse
the new substantial shareholder of GP could also be "China Mobile", hopefully made public at EGM next Thursday. GP shares were traded off market also last year. read the following example.
Green Packet sees 3.8% stake traded off market
Wong Ee Lin
/
theedgemarkets.com
November 04, 2019 20:11 pm 08
KUALA LUMPUR (Nov 4): Some 35 million Green Packet Bhd shares crossed off-market today. This represents 3.79% of the company's total 924.02 million shares.
According to Bloomberg data tracking trade of 300,000 shares or more, the shares were transacted in three blocks, worth a total of RM26.25 million.
The transactions were carried out at 75 sen a share, a premium of 2.74% from its current market price. It is not immediately known as to whom the parties involved in the transaction are.
On Friday (Nov 1), Green Packet had entered into a Memorandum of Understanding with China Mobile Group Device Co Ltd for both parties to explore opportunities in promoting and distributing each other’s products and services.
The Chinese firm is a subsidiary of state-owned China Mobile Communications Group Co Ltd, whose other subsidiaries include China’s largest telecommunications company, China Mobile Ltd.
Shares of Green Packet closed unchanged at 73 sen today, valuing the company at RM674.53 million. Some 11.33 million shares were traded. Year-to-date, the counter jumped 135.5% from 31 sen.