yowtp here is the trnslation In addition, there is news that YTL Power intends to bid for Green Packet (GPACKET, 0082, motherboard technology group)'s P1, but until now no further information. For YTL Power WB, with a conversion price of 1 ringgit 21 cents, the trend was not significant discount than the parent stock; voucher expiry date of 11 June 2018, there are still quite a long distance.
OSK threw down 7 million shares and you all panic and sell cheaply while they collect. mind you OSK still got more than 120 millions shares, ask yourself why they didn't want to throw 20 or 30or even 100 million shares if they feel GPacket is so bad...but OSK threw only a miserable 7 million shares? Think harder to save your shares, hold & wait, later OSK & gang will goreng when they had collected enough.
i stil believe the deal wil be on based on Bone's analysis. It is the Big bosses/sharks try to press down the price. Whatever price trade below -63% or 50SMA is a gone story. So let us see now as it is currently trading in -50% & stil above 50SMA. I will buy at -63% but in smal qty.
remember there's no smoke without a fire as someone had said before. So the buying of GP by some other bigger telcos is definately on...be patient & wait.
as long as no annoucement or denial, continue to trade it from the long side...chose ur entry levels n cut loss according to ur risk appetite..good luck..
ask yourself is the MD Puan Chong & other directors selling ANY share? so from this you can gauge what it will be like for GPacket. Don't play stupid to join the Panic Gang.
This throwing of 7 million shares by OSK is the oldest trick in the stock market to create fear & panic but if you are to be the wise one and ask yourself as how many percent is OSK throwing, then you will know & understand. Ask yourself why OSK don't sell more than 100 million shares when it is making money? It had already double more than before , so why OSK don't sell 100 million shares & run??????? Why, why, why?????
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....
yowtp
1,484 posts
Posted by yowtp > 2013-10-16 01:02 | Report Abuse
Got news as below and do any one know about this news!!! Pls comments.
另外,有消息稱楊忠禮電力有意競標綠馳通訊科技(GPACKET,0082,主板科技組)旗下P1,但至目前未有進一步消息。針對楊忠禮電力WB,以轉換價為1令吉21仙計,其走勢並沒有比母股顯著折價;憑單屆滿日期為2018年6月11日,距離目前還有一段頗長時間。