You need to see not only GP but again G3 is in the 5G/IoT biz and working with government for digitilization of malaysia. Then you have Tencent as the technology partner and bringing technology to power up those initiatives. All the stars are aligned for GP to fast track their growth in the digital services biz. Again the portfolio of biz is not those you me product like data center IaaS offering. GP is offering end to end solutions!
remember bros, gp is investing 280mil into cloud business over 5 years. why so much? i believe its more than just a hearsay or show.
80mil 1st year 50mil each for 2 - 5years total of 280mil
a lot of money to build up the cloud business. buying infrastructure, network equipment, data centers u name it. cloud business i think is mostly providing services to customers while riding on GP's own cloud storage space. thats why they need to build up their infra. gp's kiple things are cloud driven too.
i think they are going to go full force n leverage on all if not most of tencent's proprietary cloud tech n build up a strong digital company into the future. remmeber gp will have exclusive deal with tencent for a few years. how many we do not know.
tencent needs to grow too. they have strong competition with alibaba in china. hence tencent needs to expand overseas to grow etc south east asia.
since cloud n digital business is malaysia is just starting this will be a good time for gp to leverage on tencent's tech n fully go into it. ekyc, buying xendity, this ccp is also i think preparing for digital banking license. this will be the holy grail
digital bank will take up a lot of business from traditional banks. etc fintech
like it or not, the digital age is upon us. gp i think will be a good long term investment now, now that i read more about the cloud business n its tech
Yes signn bro agree with you. If you are patience enough, you can actually keep till 2021 to see GP how to turn their loss to profit. The growth should be fast as in digital banks and clouding business.
Don't forget their kiplelive products too for school reopening and malls. Still remember 500++ schools had secured their products ? The future of GP is bright, the issue is how they going to manage and control their cost. Otherwise from business prospects they should have return to full year profit start in 2021 onwards.
Bro Juman2173, excercise price for son to covert to mother is 0.40, still have 39 months to expire. Theoretically it's good at today closing price 0.315, while mother is only 0.71.
But guys do watch out too, there was a trap happened in May where son was attractive enough compare to mother. So lots of ppl bought son and kena trapped after mother price droped rapidly. So do watch out if the gap of mother and son is more than 0.40, that indicate something abnormal.
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....
BostonMaxwell
316 posts
Posted by BostonMaxwell > 2020-08-17 16:51 | Report Abuse
Huat ah