Posted by Depeche > 2020-07-21 07:34 | Report Abuse

It's going to be 23rd soon... waiting to see what will unfold before that..

Posted by maximus . > 2020-07-21 08:11 | Report Abuse

if got good news...tht puan already announce big big to the universe already lol....so sad....shame on you....

Posted by KK > 2020-07-21 08:19 | Report Abuse

All way down below 40 sen

Posted by Good123 > 2020-07-21 08:27 | Report Abuse

Growth story tempting, with growing interest in 5G theme play.

PETALING JAYA: The flood of liquidity in Bursa Malaysia pushed the trading volume above the 12 billion-mark for the first time in history, with the technology sector alone dominating about 42% of the shares traded.

The retail investor-driven liquidity seems to have shifted interest from glove and healthcare-related stocks that was largely the case since the bull rally started in mid-March, to technology stocks.

“The fact that glove stocks have become too expensive for retail investors may have caused the shift. For example, Top Glove Corp Bhdand Hartalega Holdings Bhdare now trading above RM24 and RM17 a share unit, respectively, not many retail investors would afford to buy at that level.

“Besides, the growth story for tech stocks looks tempting with the increased interest in the 5G theme play, ” a trader told StarBiz.

Penny tech stocks overwhelmed the bourse’s top 10 most active counters list yesterday, topped by the 4.5 sen Lambo Group Bhdwith a trading volume of 1.2 billion.

Underpinned by the growing appetite for technology stocks, the valuation of Bursa Malaysia’s technology sector is hovering at the highest level in about six years.

For context, the price-to-earnings ratio of the Technology Index surged to 41.89 times yesterday, as compared to its year-to-date lowest of only 19.84 times on March 19.

Second to the technology sector, the industrial products and services sector recorded the most traded volume, followed by the telecommunications and media sector.

Yesterday, the local bourse’s trading volume touched about 12.5 billion, with a turnover of RM6.64bil.

This indicated strong appetite for small and mid-cap stocks as the average share price was 53.16 sen.

However, in terms of value traded on Bursa Malaysia, glove stocks continued to rule the scene.

Of the RM6.64bil value traded, Supermax Corp Bhdalone accounted for 22%, while Top Glove represented another 16%.

“The Big Four glove stocks (Top Glove, Hartalega, Supermax and Kossan RubberBhd) made up 45% of value traded while the remaining listed glove players added another 11% to make it 55%, ” he said.

Top Glove rose to a fresh record high of RM24.82 yesterday, following the glove maker’s proposed two-for-one bonus issue. Similarly, Supermax also hit a new all-time-high of RM18.40 after the company announced plans to reward shareholders with one-for-one bonus shares.

However, despite the strong buying of Top Glove shares that powered the FBM KLCI by 7.66 points, the bourse’s barometer index fell 6.88 points or 0.43% to 1,589.45 points.

The FBM KLCI was dragged down by Public Bank Bhd, Malayan Banking Bhd(Maybank) and Tenaga Nasional Bhd(TNB).

Public Bank fell by 64 sen to RM17.64 and erased 3.83 points off FBM KLCI, while Maybank was down 12 sen to RM7.82 and wiped out 2.08 points

TNB dropped 20 sen to RM11.34 and shed 1.76 points off the barometer index.

The broader market was cautious with 592 losers to 506 gainers and 399 counters unchanged.

Across the Asian region, the sentiment was rather mixed.

Reuters reported China stocks rose 3%, led by financial firms, after regulators moved to bolster the market by lifting equity investment cap for insurers and encouraging mergers and acquisitions among brokerages and mutual fund houses.

At the close, the Shanghai Composite index was up 3.11%, while the blue-chip CSI300 index ended up 2.98%.

Japan’s Nikkei 225 inched up marginally by 0.09%, Hong Kong’s Hang Seng down 0.12% and South Korea’s Kospi fell 0.14%.

Within South-East Asia, Singapore’s Straits Times Index, Thailand’s SET and Indonesia’s Jakarta Composite Index fell by 0.08%, 0.09% and 0.56%, respectively.

Posted by Good123 > 2020-07-21 08:29 | Report Abuse

just share article , no comments :)

Posted by mf > 2020-07-21 08:31 | Report Abuse

World
Florida COVID-19 cases soar again, California sees surge stabilise
A police vehicle is parked next to a barrier blocking a street prior to the 8pm curfew

21 Jul 2020 01:15AM
(Updated: 21 Jul 2020 06:46AM)


Bookmark

LOS ANGELES: The mayor of Chicago shut down indoor service at bars on Monday (Jul 20) and Florida reported more than 10,000 new cases of COVID-19 for the sixth day in a row, as the coronavirus pandemic raged across the United States.

Posted by KK > 2020-07-21 08:48 | Report Abuse

https://www.theedgemarkets.com/article/glove-stocks-remain-attractive-key-beneficiaries-strong-global-glove-demand-cgscimb-says

Posted by Trader1188 > 2020-07-21 08:49 | Report Abuse

GPacket’s business is moving in the right direction. VSTEC just announced they’re going into the “CLOUD” business as well.

Posted by KK > 2020-07-21 08:50 | Report Abuse

Will laggard glove stock play catch up as big 4 already sky high ..movement all depend on market sentiment

Posted by Good123 > 2020-07-21 08:51 | Report Abuse

if u guys wanted to sell, seek his help to sell for you :)

<%-- for fixing scrollbar--%>



 0082    GPACKET    GREEN PACKET BHDChanges in Sub. S-hldr's Int (Section 138 of CA 2016)Particulars of ShareholderName:PUAN CHAN CHEONGNRIC/Passport No./Company No.:-Nationality/Country of Incorporation:MalaysiaAddress:-Descriptions (Class and Nominal Value):ORDINARY SHARESName and Address of Registered Holder:You are advised to read the entire contents of the announcement or
attachment.To read the entire contents of the announcement or attachment,please
access the Bursa website at http://www.bursamalaysia.com
Details of ChangesDate of Notice:08/07/2020Transactions:No.DateTransaction TypeNo of SharesPrice (RM)1.08/07/2020Disposed30,000,000-Circumstances by reason of which change has occurred:DISPOSAL OF SHARES VIA OFF MARKETNature of Interest:Direct InterestConsideration:

No of Shares Held After Changes:Direct:92,927,124 shares (9.2790%)Indirect/Deemed Interest:169,200,000 shares (16.8950%)Total:262,127,124 sharesRemarks: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.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:
08/07/2020   07:00 AM

Ref Code: 202007083600108

Posted by Tarrance Schu > 2020-07-21 09:13 | Report Abuse

anyone go EGm?...standby telur?

Posted by Good123 > 2020-07-21 09:13 | Report Abuse

cyclical play... tech stocks ..should rise today plus AGM EGM just 2 days away

Posted by Good123 > 2020-07-21 09:15 | Report Abuse

expecting strong rebound , fingers crossed.

Posted by Good123 > 2020-07-21 09:23 | Report Abuse

tech stocks play , tech punya Giliran. nasib baik .boleh Naik I rasa

Posted by Good123 > 2020-07-21 09:26 | Report Abuse

xox 1sen, kini 19.5sen, GP 39.5sen, kini 51sen :) banyak room untuk Naik

Posted by Good123 > 2020-07-21 09:27 | Report Abuse

at AGM/EGM, suruh all directors jangan ambil director fee, cut cost

Posted by Good123 > 2020-07-21 09:27 | Report Abuse

cut director salary juga

Posted by happy888 > 2020-07-21 09:29 | Report Abuse

good123, stop promoting this stock lah.
Be honest with people who read this forum.

Technically, it needs to break the resistant of 67.5 conclusively to have any meaningful uptrend.
Fundamentally, it needs to see increase revenue and reducing loss percentage. (this takes another 2 months).

No need to promote like pasar malam guy.

Posted by kidsplay > 2020-07-21 10:24 | Report Abuse

0.5 got strong selling , already few days d

Posted by Good123 > 2020-07-21 10:45 | Report Abuse

xox and GP are loss making companies, investors are buying hope, get it?

Posted by Good123 > 2020-07-21 10:45 | Report Abuse

CCP should talk more about bila profitable, cutting cost, director fee, etc to turnaround

Posted by Good123 > 2020-07-21 10:46 | Report Abuse

CCP if possible, give profit forecast jika berani :)

Posted by happy888 > 2020-07-21 10:52 | Report Abuse

cost cutting is not the way forward good123. I rather they take higher pay with more revenue delivered. Looking forward is not about cost cutting but about new business model become pioneer in a sunrise business.

Posted by happy888 > 2020-07-21 10:54 | Report Abuse

also investors don't buy hope but buy into solid action with constructive business model.

Posted by nekosaan > 2020-07-21 10:58 | Report Abuse

COLLAPSED !

Posted by Hong Wei Phoon > 2020-07-21 11:06 | Report Abuse

its purely goreng stock every since day 1.

Posted by Good123 > 2020-07-21 11:08 | Report Abuse

oskvi punya juga abandoned GP macam Kendall dulu :)

Is OSKVI right in selling Green Packet stake at a loss? | The Edge Markets



30 Dec 2015 · OSK Ventures International Bhd's (OSKVI) decision to dispose of its entire 15.92% stake in Green Packet Bhd at a loss recently has ...

https://www.thestar.com.my › business

OSK Ventures sells its 15.9% stake in Green Packet for RM33mil | The Star Online

4 Dec 2015 · OSKVI shares fell 2 sen to close at 43 sen on Friday. Meanwwhile, Green Packet added 1.5 sen to 29 sen, with 13.315 million shares ...

Posted by Good123 > 2020-07-21 11:09 | Report Abuse

is CCP able to turnaround GP? sold P1 to TM was good last time. but how about now?????

Posted by Good123 > 2020-07-21 11:10 | Report Abuse

is GP able to make profit? why did Kendall sayorana????

Posted by Good123 > 2020-07-21 11:10 | Report Abuse

without Kendall as major investor, confidence shattered

Posted by Good123 > 2020-07-21 11:10 | Report Abuse

who replaced Kendall juga secretive tak umum :)

Posted by Good123 > 2020-07-21 11:11 | Report Abuse

be more transparent ... I think many people Dah muflis kerana GP

Posted by Jumam2173 > 2020-07-21 11:47 | Report Abuse

Don't be extreme brother Good123. Muflis surely not, we trip , learnt and able to stand up again.
Good to hear your kind words but please refrain from too promoter approach.
Hope at AGM all will be unfold and positive tides will follow. There are boys here still buying although they curse and swear.

Posted by signn > 2020-07-21 13:31 | Report Abuse

haha, looks like my suspicions maybe true after all. there could be a bunch of china soeculators who bought the gp shares now keeping quiet

Posted by signn > 2020-07-21 13:31 | Report Abuse

speculators

Posted by signn > 2020-07-21 13:31 | Report Abuse

tsk tsk

Posted by Agjl > 2020-07-21 13:51 | Report Abuse

Good123....dun compare XOX to GP.. XOX is making money. They dun have 1b losses till today like GP. And their e wallet base is much bugger and more laku.

One thing for sure. The operator at XOX is doing a much bettwr job so far and manupukatiin with class. Look at GP, whacked it to 1.6 and let it free fall like no tomorow. Even as operator, one shld also think of longer term effect. Once u killed off retailer all at once, nobody is gona touch your stock again. Nobody like cold blooded operator...its either they lack of experince or they are plain cold blood...either one...

And good123, your tune seems have changes from strong promoting to neutral.....hahahaha i can only smile with every lines u wrote so far....

Cheers

Posted by Agjl > 2020-07-21 13:52 | Report Abuse

All of us scold ccp so much that he feel so pai seh today quickly up 1 sen. May be we shld scold more:)))

Posted by JokerT > 2020-07-21 15:02 | Report Abuse

going drop. many people throw

Posted by BostonMaxwell > 2020-07-21 15:12 | Report Abuse

Come liao. Wan trap ppl again. Lol

Posted by BostonMaxwell > 2020-07-21 15:18 | Report Abuse

Happy go lucky huat again

Posted by miss_secret > 2020-07-21 15:19 | Report Abuse

gpacket always notty boy

Posted by JokerT > 2020-07-21 15:20 | Report Abuse

want trap people. dropping soon

Posted by stevenckheng > 2020-07-21 15:23 | Report Abuse

this counter good for choppy earning

Posted by JokerT > 2020-07-21 15:24 | Report Abuse

so fast finish goreng. going back to .50

Posted by fruitcake > 2020-07-21 15:26 | Report Abuse

sissy pondan doing a little pom pom

Posted by signn > 2020-07-21 15:27 | Report Abuse

he scared kena 50eggs wor hahha

Posted by signn > 2020-07-21 15:27 | Report Abuse

i say bring a 100

Posted by BostonMaxwell > 2020-07-21 15:29 | Report Abuse

Game over

Posted by happy888 > 2020-07-21 15:29 | Report Abuse

whoever buy get ready to join the cave with us for 3 qtr at least ah.
Dun go promote like pasar malam salesman or cry like a baby ah.