Posted by signn > 2020-07-27 16:49 | Report Abuse

steady steady

Posted by BullRUN2021 > 2020-07-27 16:50 | Report Abuse

See you all tmr for another round

Posted by BostonMaxwell > 2020-07-27 16:54 | Report Abuse

Maybe later got news

Posted by happy888 > 2020-07-27 16:58 | Report Abuse

wait for 5 pm news.
If no news = good news
Any news = bad news no matter how good is the news.

Remember the spike day ccp sold his shares at 64 cents and another one spike is for setting pp pricing?

Posted by Valgrovest > 2020-07-27 16:59 | Report Abuse

The divestment of Webe to TM is positive for G Packet but negative for TM.

Posted by Jumam2173 > 2020-07-27 17:01 | Report Abuse

One good official news per week is very ideal. It take time to digest to move the stock. Brother Soonli thanks for explaining the positive vibes.

Posted by linheng > 2020-07-27 17:06 | Report Abuse

Look at all Tech stocks. This one is now zero gearing.
Low of 39.5 cents and high of $1.65. No stamp duty.
Good to trade

Posted by Cryptotrader > 2020-07-27 17:09 | Report Abuse

GP is debt free now

Posted by Cryptotrader > 2020-07-27 17:14 | Report Abuse

Many don't dare to buy cos of badly burn when price crash down from 1.60 to 0.50...now is bottom price. And debt free. Focus on cloud Computing and digital bank...

Alipay fintec company value at $200b once listed on hkse...

Amazon doing cloud computing, mcap is $1 trillion.

Tencent....

Posted by Valgrovest > 2020-07-27 17:15 | Report Abuse

Yes, debt free. Can climb new high.

Posted by Cryptotrader > 2020-07-27 17:17 | Report Abuse

Following our Bursa announcement, we had divested our remaining interest in the mobile business to Telekom Malaysia which left us debt-free. The agreement entails surrendering all the shares and convertible medium-term notes (CMTN) related to WeBe Digital.

With the exit from WeBe, we are now fully focused on the new businesses which include fintech, proptech, and cloud computing business as well as building our foray to become a regional digital bank.

#webedigital #greenpacket #fintech #proptech #cmtn #telekommalaysia

https://www.thestar.com.my/business/business-news/2020/07/27/green-packet-sells-webe-stake

Posted by Palmboy92 > 2020-07-27 17:32 | Report Abuse

Kendall court may got the reason to come back

Posted by jlex11 > 2020-07-27 17:56 | Report Abuse

Soonli ...i fully agree with u ...so long as someone stay clear and not to try to create attention for himself with all the recycle news , we are OK. We sud look forward to the way forward foe the company which we have taken position and not to be sway for some "recycle news" which add no value to us.

How many company at BURSA is debt free and with a clea balance sheet as GPac n now move forward tocloud computing business andd digital bank venture and with healthy cash position and ability to borrow to fund the business ...THINK ABOUT IT...rather than to bother to read what someone write which add no value

Good123 is a good indicator. The price always move opposite ways on what he said, so just follow his comments and do another way will do.....lol joking!!

Posted by Adrianest > 2020-07-27 18:37 | Report Abuse

Target RM1.60

Posted by racheal817 > 2020-07-27 18:50 | Report Abuse

im curious too----How many company at BURSA is debt free now except GP?

Posted by Solomon7 > 2020-07-27 19:02 | Report Abuse

The share performance will depend on G3 and KiplePay performance, she will ride with these valuation.

Without a need to think of debt now, they could stomach more projects in near term. Price spice up could link to cloud services or the digital bank licence.....

Posted by somemore999 > 2020-07-27 19:48 | Report Abuse

miss good123 promo this share, but now his leave us along

Posted by BostonMaxwell > 2020-07-27 20:24 | Report Abuse

https://www.facebook.com/275223403133288/posts/605449993443959/

Posted by BostonMaxwell > 2020-07-27 20:24 | Report Abuse

Dk good or bad

Posted by soonli > 2020-07-27 20:25 | Report Abuse

This is very significant impact to GP.

Based on last quarter b/s position. GP has:
Cash: 42.17 mil
Short term loan: 11.59 mil
Long term loan: 278.10 mil

After cleaning of 272mil debts, proceeds from PP 52 mil, proceeds from warrants exercise:: about 40mil, payment to xendity by cash abt 6mil. So after net off the new position will be estimated as follow:

Cash: 128 mil
Loan: 18 mil

GP is amazing cash rich now!!!!!!

P&L impact : 3.5mil interest saving per quarter

Future prospects: cloud and digital banks ( contribution should be in end of 2020/ begining of 2021)
Chances of success: high due to the partnership with top 5 clouding partner

Current ongoing revenue key driver: kiplelive, kiplepay and etc. Reopening of school, mall, university boost the usage of the kiple products starting in April onwards.

So again if you are patience enough, you may see a significant improvement in their coming QR and subsequent QR. (Significant gain valuation of g3 should be appeared in q2 QR and the gain of 63mil on the exchange will be appeared in Q3 QR).

Good luck.

Posted by abang_misai > 2020-07-27 20:26 | Report Abuse

surprise able to purchase at 0.530 at 10.30am

Posted by skyjy100 > 2020-07-27 20:58 | Report Abuse

no news is good news

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

Me too 0.53

Posted by Akukakijudi > 2020-07-27 21:56 | Report Abuse

Bought at 0.575

Posted by dusti > 2020-07-27 22:46 | Report Abuse

CAN MATCH RECENT HIGH OF 1.65?

Posted by jameslimsingpoh > 2020-07-27 23:04 | Report Abuse

TP for tomorrow : Rm0.60

Posted by mikeann > 2020-07-27 23:06 | Report Abuse

Trending up. Immediate resistance at 0.68

Posted by linheng > 2020-07-28 05:53 | Report Abuse

“The fair value gain of RM63mil should increase by another RM9.5mil to around RM72.5mil by the closing of Green Packet’s third quarter as they have recognised two quarters of the debt interest payments in the first half of FY2020, ” he said.
In a nutshell, he explains, the exercise is a “total clean up of Green Packet’s balance sheet” as its gearing will be reduced to zero and it will extinguish the RM20mil in annual interest payments.
The monies could be used to fund its growth plan, which includes building a cloud computing business with Internet giant Tencent Holdings Ltd, as speculated by media reports.
Hopefully this will propel the counter like the Glove counter

Posted by soonli > 2020-07-28 07:41 | Report Abuse

The 'magic' to make the balance sheet become positive and net cash position, the main reason is the criteria to get the digital bank from BNM must have a healthy balance sheet.

GP is now qualified!!

Going forward, digital bank will kill the traditional bank business model.

Good luck.

Posted by Palmboy92 > 2020-07-28 08:49 | Report Abuse

Becareful guys,today maybe will limit up

Posted by faralenz77 > 2020-07-28 09:22 | Report Abuse

One day only then distribution

Posted by Akukakijudi > 2020-07-28 09:22 | Report Abuse

Haha

Posted by Tarrance Schu > 2020-07-28 09:48 | Report Abuse

trap game start....

Posted by GreenArmy > 2020-07-28 10:03 | Report Abuse

Starting to drop until 0.565

Posted by DonLee > 2020-07-28 10:14 | Report Abuse

GPAcket will trigger PN 17 condition due to selling off core biz ?

Posted by DonLee > 2020-07-28 10:15 | Report Abuse

hehe

Posted by Akukakijudi > 2020-07-28 10:18 | Report Abuse

Buy somemore

Posted by BullRUN2021 > 2020-07-28 10:43 | Report Abuse

Collected more. How to trigger PN17 lol, the company so healthy

Posted by maximus . > 2020-07-28 10:57 | Report Abuse

the different bewtween xox got gd news and gp got gd news....aiks....

Posted by BullRUN2021 > 2020-07-28 11:09 | Report Abuse

Xox news is not even news, plain goreng only. Get 5G means better business? No one uses XOX also nowadays, even so MCMC may not give them the band they want. Just a MOU for now. Cant compare to Gpacket clearing debts, moving into cloud business soon.

Posted by samurai_rising > 2020-07-28 11:17 | Report Abuse

debts cleared... how to trigger PN 17 oh..

Posted by samurai_rising > 2020-07-28 11:19 | Report Abuse

time to collect more before reach 1.00

Posted by signn > 2020-07-28 11:19 | Report Abuse

no brain means no brain lol.
same as no debts means no debts. lol

Posted by maximus . > 2020-07-28 11:19 | Report Abuse

the efect of wolf come too many time..this perempuan have to do something to gain back investor heart......

Posted by signn > 2020-07-28 11:20 | Report Abuse

be patient guys. once there jv company with tencent cloud is official, i suspect share price will zoom up to at least rm1

Posted by Palmboy92 > 2020-07-28 11:20 | Report Abuse

Xox....goreng to trap newbie....agree with bullrun2021 ,mcmc definitely wont give them a band,just a mou and then no new for years

Posted by BullRUN2021 > 2020-07-28 11:25 | Report Abuse

Volume doesnt look so good, slowly collect.

Posted by Jonathan Keung > 2020-07-28 11:26 | Report Abuse

Can lock in profit

Posted by signn > 2020-07-28 11:26 | Report Abuse

this jv with a top5 cloud player, gp is putting in 80m.
i dun read that other companies in msia doing cloud is using that much money.
does this mean tbe jv will be big ? what do u guys think ?
80m is a lot to start a business

Posted by signn > 2020-07-28 11:27 | Report Abuse

cloud business n digital bank are 2 diff things