GREEN PACKET BHD

KLSE (MYR): GPACKET (0082)

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Last Price

0.035

Today's Change

-0.005 (12.50%)

Day's Change

0.035 - 0.035

Trading Volume

42,100


31 people like this.

24,892 comment(s). Last comment by sampooler 4 days ago

stonkong

114 posts

Posted by stonkong > 2020-08-06 15:59 | Report Abuse

no seller how to has buyer? this is market Principe.

Posted by Jonathan Keung > 2020-08-06 16:47 | Report Abuse

GP dispose of it's G3 global to TM { company unable to finance and lack the means to undertake the venture } last year rumors of a China based tech company acquiring GP 6 % private placement rumors of Tencen ( Sept 19 ) was widely circulated. It turns out the placement of the 6% was acquired by a private equity company based in Singapore { not the China tech } Kendall Singapore is a company operating in the Republic. The private placement price was not disclosed

Posted by Always Go Big > 2020-08-06 17:22 | Report Abuse

Hopefully good news coming in the month

Posted by Thomas10 > 2020-08-06 20:46 | Report Abuse

Steady bom pipit. Maybe tomorrow is the day fly. Just sit back,eat pop corn and watch the show. Ready everyone.

jacklintan

1,722 posts

Posted by jacklintan > 2020-08-06 21:49 | Report Abuse

Few counters have emergence of China investors counterparts. The corona impacted the Chinese market to the extreme and they are slowly rebuild another harbour in oversea market which GPacket will see the potential in Malaysia.

linheng

1,361 posts

Posted by linheng > 2020-08-07 03:12 | Report Abuse

Got to be patient with this counter. From 1st July till
today this counter had not close below 50 cents. You can check and see. Intra day, when it goes up a few cents, there always appear
to be a massive seller that will throw down - But always collect back.
I belief that this people with inside knowledge are just making some short term gains while accumulating for the big push when annoucement of cloud venture with Tencent is made.
Just don't play contra and pick up in the red.

Posted by samurai_rising > 2020-08-07 07:12 | Report Abuse

anyone know their employee and frens work in this company? jv with tencent for cloud business is true or not true.

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

DTA. Don't trust anyone. Research yourself

Posted by cruger12345 > 2020-08-07 08:40 | Report Abuse

Samurai itbb b is in progress .

Wolfidea

40 posts

Posted by Wolfidea > 2020-08-07 10:25 | Report Abuse

Kite bird sdn bhd. Work with GP for the cloud solution.

Palmboy92

142 posts

Posted by Palmboy92 > 2020-08-07 10:40 | Report Abuse

Great!

signn

1,813 posts

Posted by signn > 2020-08-07 11:10 | Report Abuse

steady peasy

Posted by JSKDVenture > 2020-08-07 11:13 | Report Abuse

Kite bird is the 3rd party used by Tencent in MY hence the reason GP is working with them
https://intl.cloud.tencent.com/document/product/1033/32281

Jumam2173

223 posts

Posted by Jumam2173 > 2020-08-07 12:46 | Report Abuse

Hold. Hold. Hold. Just see how it fly like top glove. Hehe he.

stonkong

114 posts

Posted by stonkong > 2020-08-07 13:12 | Report Abuse

with huge debt price range 49 - 52. Now clear the debt 54? Am calculator broken?

maximus .

402 posts

Posted by maximus . > 2020-08-07 13:42 | Report Abuse

dealer is selling...but dont want it to break 545..slow flame cook the frog...

Good123

25,225 posts

Posted by Good123 > 2020-08-07 13:51 | Report Abuse

is GP biz in USA affected because GP do biz with tencent? KLCI pares loss, volume soars to 12 billion shares as regional markets tumble on US ban of China’s Tencent, ByteDance

Surin Murugiah

/

theedgemarkets.com


August 07, 2020 12:57 pm 08

signn

1,813 posts

Posted by signn > 2020-08-07 13:58 | Report Abuse

waa wolfie really ada connections o. bagus

signn

1,813 posts

Posted by signn > 2020-08-07 13:58 | Report Abuse

be patient. jv announcement with tencent cloud is coming.

crawler

4,829 posts

Posted by crawler > 2020-08-07 14:45 | Report Abuse

you guys really love to speculate

crawler

4,829 posts

Posted by crawler > 2020-08-07 14:50 | Report Abuse

you guys just need to understand few things. 1) GPACKET is turning around the biz and focus on wins 2) Malaysia still in the infancy of digitilisation and GPACKET will benefit from this 3) GPACKET is building it ecosystem on proptech to position themselves in the fintech biz, they are all link to each others. This is the growth segment, if don't invest in this invest in what?

crawler

4,829 posts

Posted by crawler > 2020-08-07 14:52 | Report Abuse

institution and Puan is accumulating quietly...just need one spark then you don't see this share price anymore..it will limit up

crawler

4,829 posts

Posted by crawler > 2020-08-07 14:54 | Report Abuse

forget about the losing money GPACKET in the past..this is going to be profitable company and GPACKET at this price is super cheap...NOW but not for very long

DrLimm

8 posts

Posted by DrLimm > 2020-08-07 15:16 | Report Abuse

Partnership has been more or less confirmed with US ban, diversifying to other markets with GP being strong strategic partner

crawler

4,829 posts

Posted by crawler > 2020-08-07 15:40 | Report Abuse

you need to see gpacket the next generation of digital service provider like myEG

crawler

4,829 posts

Posted by crawler > 2020-08-07 15:41 | Report Abuse

the market will soon revalue GPACKET

DrLimm

8 posts

Posted by DrLimm > 2020-08-07 15:45 | Report Abuse

the company directors are buying up more volume steadily increasing

Posted by Stock Wizard (know yourself) > 2020-08-07 17:30 | Report Abuse

jokee hahaha

潘国伦

94 posts

Posted by 潘国伦 > 2020-08-07 17:40 | Report Abuse

出通告了.....

Good123

25,225 posts

Posted by Good123 > 2020-08-07 17:41 | Report Abuse

USA banned tencent, juga banned GP Ka? :)

Good123

25,225 posts

Posted by Good123 > 2020-08-07 17:42 | Report Abuse

kenapakah harga merosot ? takut kena boikot oleh USA kah? :)

Good123

25,225 posts

Posted by Good123 > 2020-08-07 17:46 | Report Abuse

GP shareholders tak boleh masuk USA kah? :)

signn

1,813 posts

Posted by signn > 2020-08-07 17:51 | Report Abuse

lol spinner working full time dy...

signn

1,813 posts

Posted by signn > 2020-08-07 17:52 | Report Abuse

cloud subsidiary just incorporatedby gp. interesting. new cloud company

GoldenShares

3,538 posts

Posted by GoldenShares > 2020-08-07 18:15 | Report Abuse

Green Packet Berhad ("GPB" or "the Company") wishes to announce the incorporation of a wholly-owned subsidiary, Green Packet Cloud Sdn Bhd on 7 August 2020 with an issued share capital of RM1,000,000. Green Packet Cloud’s principal activity is provision of cloud computing, telecommunications and internet services and products.

Good123

25,225 posts

Posted by Good123 > 2020-08-07 19:47 | Report Abuse

GP isn't banned yet in America due to tencent? :)

Trump signs orders banning US business with TikTok owner ByteDance and Tencent's WeChat

9 hours ago · Tencent spokesperson said the company is reviewing the executive order to get a full understanding. TikTok hit back saying that ...

Good123

25,225 posts

Posted by Good123 > 2020-08-07 21:10 | Report Abuse

willing? :)

Friday, 7 August 2020 

 

 What is the difference between investing and speculation?

Benjamin Graham addressed the differences between them on the very first page of his book, The Intelligent Investor.

Graham wrote, "An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return."  

Based on this definition, there are three components to investing:  

 

thorough analysis, 

safety of principal, and 

adequate return.  

Graham added, "Operations not meeting these requirements are speculative."

 

 

To this, we can add:

(1)  Any contemplated holding period shorter than a normal business cycle (typically 3 to 5 years) is speculation, and 

(2) any purchase based on anticipated market movements or forecasting is also speculation.

 

Value investing meets Graham's definition of investing, addressing on:  its focus on individual company analysis to determine intrinsic value,  the margin of safety concept, and its success over the long term.

The distinction between investing and speculation is important for a reason Graham cited in 1949 and remains true today:  "... in the easy language of Wall Street, everyone who buys or sells a security has become n investor regardless of what he buys, or for what purpose, or at what price...."

The financial media often refers to "investors" taking profits, bargain hunting, or driving prices higher or lower on a particular day.  However, these actions are rightly attributed to speculators, not investors.

 

Investors and speculators approach their tasks differently.

Investors want to know what a business is worth and imagine themselves as owning the business as a whole. Unlike speculators, investors maintain a long-term perspective—at least 3 to 5 years. They look at a company from the perspective of owners. This means they’re interested in factors such as corporate governance, structure, and succession issues that may affect a company’s future and its ability to create wealth for years to come. Investors may use their voting rights to assist in enhancing company value over the long term.

 

Speculators, on the other hand, are less interested in what a business is actually worth and more concerned with what a third party will pay to own shares on a given day. They may be concerned only with short-term changes in a stock’s price, not in the underlying value
of the company itself.


The problem with speculation is simple:

 

Who can predict what a third party will pay for your shares today, tomorrow, or any day?

 

 

Stock market prices typically swing between extremes, stoked by the irrational emotions of fear and greed.

 

 

 

Focus on the long term business value

Such dramatic price fluctuation on a day-to-day basis can test long-term investors’ mettle in maintaining their focus on business value.

 

Remember, the tendency is for business values day-to-day to remain relatively stable.

Day-to-day price changes should hold little interest for the long-term investor, unless a price has fallen to the “buying level” that represents a sizable margin of safety.

 

But that’s often difficult to remember when newspaper headlines, TV news anchors, friends, and coworkers are lamenting or lauding the market’s most recent lurch forward or back.

 

 

 

 

 

Posted by investbullbear at 16:32

Posted by samurai_rising > 2020-08-07 23:03 | Report Abuse

so mean today post good or no good?

Jumam2173

223 posts

Posted by Jumam2173 > 2020-08-07 23:32 | Report Abuse

samurai_rising so mean today post good or no good?

07/08/2020 11:03 PM

This counter need lots of patience. Good news also no movement.

maximus .

402 posts

Posted by maximus . > 2020-08-07 23:57 | Report Abuse

even there are gd news and prospectus...the operator are still selling like no tomorow...just tht he didnt press down the price so obvious..

Posted by samurai_rising > 2020-08-08 00:11 | Report Abuse

Why he want to sell down? Collecting ticket for next wave?

linheng

1,361 posts

Posted by linheng > 2020-08-08 04:14 | Report Abuse

OTHERS Incorporation of a wholly-owned subsidiary, Green Packet Cloud Sdn Bhd
GREEN PACKET BERHAD

Type Announcement
Subject OTHERS
Description Incorporation of a wholly-owned subsidiary, Green Packet Cloud Sdn Bhd
Green Packet Berhad ("GPB" or "the Company") wishes to announce the incorporation of a wholly-owned subsidiary, Green Packet Cloud Sdn Bhd on 7 August 2020 with an issued share capital of RM1,000,000. Green Packet Cloud’s principal activity is provision of cloud computing, telecommunications and internet services and products.



None of the directors and/or major shareholders of the Company and/or persons connected with them have any interest, direct or indirect, in the aforesaid incorporation.



The aforesaid incorporation is not expected to have any effect on the net assets and earnings per share of the GPB group for the financial year ending 31 December 2020.



This announcement is dated 7 August 2020.
Hold so long already loh. Just be patient. Downside is only 3.5
cents. Cut lost if reach 50 cents.
With the annoucement of the incorporation of Cloud subsidary, I believe the aggrement with Tencent should be soon, esp when Tencent share price got hit due to Trump.
Tencent also wants to tell Shareholders that they get a foothold in SEA mkt - A infant mkt with regards to cloud services.
Any offcial announcement of this clound shd send the counter limit up.

soonli

129 posts

Posted by soonli > 2020-08-08 07:22 | Report Abuse

Actually really no point to argue. Trust then hold lo, don't trust then sell lo. Why keep on complaining not up, the price wont go up after your complainr. If you have faith in this co then just hold and wait.

Trader and investor have different view, if you are trader, I do agree with you may be really not for this counter, you can go for other cents shares rubbish counter can earn decent profit as mostly are shooting. While if you are investor you can see the potential of the business and future then you can hold and wait that's it.

trader420

193 posts

Posted by trader420 > 2020-08-08 07:57 | Report Abuse

Monday and Tuesday to limit up

trader420

193 posts

Posted by trader420 > 2020-08-08 07:58 | Report Abuse

Yes! 80 sen and rm 1.1 soon !!

linheng

1,361 posts

Posted by linheng > 2020-08-08 10:10 | Report Abuse

If you analyse carefully, Green Packet already team up with tencent for e-KYC (Know your Customer ) and have acquired e-KYC specialist Firm Xendity for USD$10 million. You can read the following links and
make your own judgement whether to hold or sell. Xendity is already
working together with Bank Negara and several banks on digital verification of biometrics and documentation via smartphone. USD$10m for a 3yr old startup is no small change.
Also the tie up with tencent cloud is probably geared towards the bid for a digital banking lisense.
Puan obviously got his connections in his bid for digital banking lisence. Remember he got out of his internet service business by selling to Telecoms at a good price. Recently Telecoms again buy up
the remaining shares, again at a good price.
https://www.thestar.com.my/business/business-news/2020/05/13/green-packet-partners-tencent-cloud-for-e-kyc-offering
https://fintechnews.my/24068/various/green-packet-acquires-ekyc-specialist-firm-xendity-for-us-10-million/

Good123

25,225 posts

Posted by Good123 > 2020-08-08 11:43 | Report Abuse

The financial media often refers to "investors" taking profits, bargain hunting, or driving prices higher or lower on a particular day. However, these actions are rightly attributed to speculators, not investors.

signn

1,813 posts

Posted by signn > 2020-08-08 13:19 | Report Abuse

actually i think its very simple.
notice these few weeks volume is very low. could be ppl are not selling due to anticipation of jv announcement

hence ppl shouting bad here n there lo. nobody selling shares to them ma.

lol. just hold tight cheers

signn

1,813 posts

Posted by signn > 2020-08-08 13:26 | Report Abuse

ignore the biadap ppl hahaha

Jumam2173

223 posts

Posted by Jumam2173 > 2020-08-08 13:32 | Report Abuse

Brother sign. I'm holding tightly. Nangis pun tak kasi lepas.. hehehe....

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