tencent used to take up 20% shares of other companies, this new pp announcememt very near to signing contract date which is next week, so very likely its tencent. my own opinion only.
Means that tomorrow may have another big candle if resistance supporting line formed. Contra player surely aiming on tomorrow, just alert when u enter.
please check. CC Puan said PP is solely for cloud business. Then Gp wil partnership with Tencent for cloud business. So we suspect this 20% PP is from Tencent.
Frankly, I opined GP is ok to invest now in order to ride on its transformation to cloud based biz and the digital banking potential. Puan is laying all foundations for the new journey. Risk-reward is so much lower now as compared to recent over RM1 buck plus. Puan also clean up all old shits off GP books so that new investor (10sen??) could come in for a stake. These 2 weeks are damn exciting for GP. CBL, I trust u can make it shines...
Go into cloud in big way. Last PP was 9%. This PP is 11%. Total raised is 100m. This does not include money from conversion of warrants. The 100m to buy hardware and computers.
just nice GP up a bit i sold some yesterday & today to add on supermax & TG warrants during the gloves sell-off....
and also luckily i didn't missed the gloves, healhcare & tech rally last 2 months.... this GP cult stock ah not only make you lose money but also lose on the opportunity cost....
waiting for GP to shoot up to sell more... go!go!go!
Every step forward it go back 2 step backwards. How to improve. Potential is superb. The news hope digested positively. Tomorrow we see some upward trend. Now feeling .....
Funny thread, full of funny comments. Dilution of 20% but what’s the proprietary tech that gp is trying to develop? What cloud business specifically? Fight with azure and aws? Seriously?
Laugh die me when reading funny comments here. I heard that Microsoft, Amazon, Alphabet are also attracted by GP capabilities and wanna pp 20% each so that they can jointly develop cloud business in MY.
But wait, why need to pp and work with GP? Cloud business need to be developed locally? Their own cloud framework not good enough? LOL
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Jumam2173
223 posts
Posted by Jumam2173 > 2020-08-12 18:58 | Report Abuse
Let see 18th August.