In terms of contribution, Puan said Green Packet will only see significant contributions from 2022, potentially contributing 30% to 40% of the company's bottom line.
For those people who are worried that they dived into a wrong counter then i may proved them are wrong because aceville pte. ltd" is a subsidiary of Tencent Company.
I wouldn't say it's a green light because we can only see huge profit in 1Q2021. Just stay tune and enjoy the progress of the business. Investing is about learning as well. If you are getting profit then you are lucky apart of that take it as a lesson.
I enjoyed seeing this company growing and how they established with their business partner.
after reading this i am even more convinced of the future potential.
just a few pointers from my own 2 cents story. kindly read with an open mind. i may be wrong too. but investing is all about belief n guessing work. theres no 100% certainty. thx
from the pdf file :-
1. This Agreement is to leverage on each Party’s resources by establishing, building, and launching a joint cloud based servers and infrastructure located in Malaysia and make available cloud computing services under the Tencent cloud branding to customers worldwide (“Collaboration”)
>>> read this to serve customers worldwide. basically i think tencent will be establishing a hub under jv with gp to provide tencent cloud services to the world..not only malaysia or south east asia.
again i believe revenue will flow thru to the jv company. Tencent Cloud reported revenue of over US$2.4 billion in 2019. imagine just capturing a small percentage of that revenue guys. imagine that. say 5% ~ rm480mil per annum!
why do u think there are so many digital wallets companies guys. to capture some cash from u into its revenue. say alibaba. Alibaba's Singles' Day sales hit a record $38 billion in cash. just 1 day! and u think they will pay their suppliers on the same day? no. perhaps within a month. so what about all those cash? they can earn bank interest or invest in other things. all those revenue bros. all those money
now u know why so many want to grab this pie at all costs. Touch n go ewallet, alibaba, wechat, visa etc etc etc cash cash cash in my account is better than in yours right. GP has their own kiple pay lol
2. The duration of this Agreement is for a period of ten (10) years
>>>an exclusivity of 10 years. a long time to get a good head start right. now u also know why kron n k 1 dunt have the anticipation nor the hooha as compare to GP.
they have no proper infra and their cloud services are very limited. not like tencent with its whole package
so. after reading this i am even more convinced of GP in the medium to long term. just my 3 cents lol
i am keeping for a while dy. we shall see. my Target is at least rm1.5
all the best bros.
p.s must put disclaimer or those naysayers will say i this la that la. bias la.bodoh la. lol. p.s. this is not a buy or sell call. please buy or sell at your own risk
On July 3, Tencent's cloud computing data center started running in Qingyuan, Guangdong province with more than 1 million servers to carry out digital technologies including cloud computing, big data, artificial intelligence, blockchain and the Internet of Things.
i believe most of us here also know this is a hidden gem..just tht every one of us hope for fast profit....tht y dissapointed with it..and perempuan.....aiya....esok tambah and tutup mata saja la....this counter almost become my 3rd heavy counter edy...niama.....
ya bro sign..mee too ..aroung may/june......we r investor..not punter.....if really wana gamble...tht time rm 1.50 / rm1.60 already sell....i really believe this gem is more than tht...cheers...
one thing I'm very sure is that Gpacket will be able to turn around comes 3Q2020. Reasons? They have cut off the cancerous Webe which had been bleeding for the past 15years. Taking away Webeb is one of the strongest reasons why I started to buy gpacket.
If Tencent take up 10% GP private placement, what happen to his share price. As Tencent have selected GP as his Exclusive 10 years partnership for Cloud computing Business in Malaysia & other asia pacific region in future.
DIVERSIFICATION OF THE PRINCIPAL ACTIVITIES OF GREEN PACKET BERHAD AND ITS SUBSIDIARIES TO INCLUDE CLOUD COMPUTING SOLUTIONS AND ITS RELATED SERVICES
Reference is made to the Company’s announcements dated 5 June 2020, 30 June 2020 and 23 July 2020 in relation to Green Packet Berhad’s Proposed Diversification. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.
Further to shareholders’ approval obtained at the Extraordinary General Meeting convened on 23 July 2020. Green Packet Berhad (“GPB” or “Partner”) wishes to inform that on 18 August 2020, it has entered into Strategic Cooperation Framework Agreement with Aceville Pte. Ltd. (“Agreement”), a company duly incorporated under the laws of Singapore and having a place of business at 1 Fullerton Road, #02- 095, One Fullerton, Singapore 049213 (“Tencent”).
(Partner and Tencent are collectively known as the “Parties,” and each individually as a “Party.”)
Tencent is a leading Internet company and has extensive experiences in a variety of Internet services, such as big data and cloud computing services for industries.
This Agreement is to leverage on each Party’s resources by establishing, building, and launching a joint cloud based servers and infrastructure located in Malaysia and make available cloud computing services under the Tencent cloud branding to customers worldwide (“Collaboration”) and to govern the overall relationship among the Parties and their obligations in connection with this Collaboration.
The duration of this Agreement is for a period of ten (10) years from the date of deployment, unless earlier terminated in accordance with the terms and conditions of this Agreement.
When a person continues to under deliver, trust factor is gone. All the wonderful activities and news but no returns over the years investors should check their own sanity .
let me give my sepuluh sen worth of advice on the tencent deal, if you are in for the long run perhaps you want to hold-on (only perhaps)... but if you are into something tangible within next 6mths just liquidate and move on, as GP has never shown anything tangible historically... but of course i cud be wrong in this instance, just a thot... peace
Dear Fellow Investors, in the near term, the price is highly likely to go below 45s. Those with holding power and cheaper cost, you are free to keep. Otherwise, please heed my advice to cut loss. You’ll be able to sleep better at night. Best Regards.
lol u guys are welcome to listen to all the negative ppl. just remember what i said about conviction n belief in ur own logical thinking n own readings, research. lol good luck
Data center is just a commodity. The real money in the partnership is the those end user services like the smart building, smart city applcations that will run in the gp cloud.. you all are missing the point
don't know my understanding is corrext, under their private placement proposal, the minimum expected is RM62.51mil and maximum is RM98.94mil, according to annoucement. RM62.51mil was based on share price of RM57sen, hence, RM98.34mil should be RM82sen, is it correct that we can assume the share price will be bewteen 57-82sen until they fix the PP's price? Thanks
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....
abang_misai
2,585 posts
Posted by abang_misai > 2020-08-18 18:55 | Report Abuse
Haha. Semua yang beli sudah kena gigit