GREEN PACKET BHD

KLSE (MYR): GPACKET (0082)

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Last Price

0.02

Today's Change

-0.005 (20.00%)

Day's Change

0.02 - 0.025

Trading Volume

3,793,100


31 people like this.

24,895 comment(s). Last comment by sampooler 2 months ago

Louise4

389 posts

Posted by Louise4 > 2020-10-19 17:41 | Report Abuse

Got good news soon. This party wont wait for late comers.

nekosaan

625 posts

Posted by nekosaan > 2020-10-19 17:59 | Report Abuse

wait lah 0.395

Posted by Akukakijudi > 2020-10-19 18:59 | Report Abuse

Waiting at 0.45

Louise4

389 posts

Posted by Louise4 > 2020-10-20 08:22 | Report Abuse

See you at 60sen soon.

Plantermen

2,242 posts

Posted by Plantermen > 2020-10-20 08:37 | Report Abuse

The start up cost is high { 500 million spread over 4-5 years} GP needs financial cloub and deep pockets to fund this venture. China partners collaboration inked agreement { GP to built the sites} whereas the other parties would utilise it. Unlike Mah Sing who have the $$$ and balanced sheet { reserve funds} to fund the glove venture. GP { ccpuan} neither have the cloub or $$$. He relies on private placement or rights to undertake this venture. Balanced sheet result isn't promising { straight losses recorded yearly} PP fundings means share base is increasing { meaning don't expect any dividend forthcoming plus share dilution in the next 3-4 years.} buyers need a really long term view on GP venture. Maybe 4-6 years outlook. just my personal view.

gerrarddy

266 posts

Posted by gerrarddy > 2020-10-20 10:18 | Report Abuse

Volume sooooo low

nekosaan

625 posts

Posted by nekosaan > 2020-10-20 10:21 | Report Abuse

killing softly, tp 0.395

Posted by Jonathan Keung > 2020-10-20 11:27 | Report Abuse

Last financial result recorded EBIT loss at -57 million. cash reserve at 44 million plus accounts receivables at 143 Million but net liabilities at 164 million { due within 12 months } plus other liabilities at 280 million. Total borrowings and liabilities = 444 million. Covid pandemic outbreak means alot of the so called receivables may be stretch or subject to more write down

Bullacent

92 posts

Posted by Bullacent > 2020-10-20 14:17 | Report Abuse

shd change its business to clouding glove, kiple glove, ai glove, digital glove. l waste time doing digital without enough capital and basic. lol. with this low skill company doing digital business, profit will have to wait n years. slowing enjoy the turtle race.

didi7349

514 posts

Posted by didi7349 > 2020-10-20 14:27 | Report Abuse

seems like a lot of ppl holding and stuck at high floor....perem-puan waiting for u all to give up before he pushes up

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-10-20 15:06 | Report Abuse

collect below 49cts..sure gain aftr ebound above 50cts

Posted by BostonMaxwell > 2020-10-20 20:42 | Report Abuse

Boss has enough money to do meh....

Posted by mataitajin > 2020-10-20 21:24 | Report Abuse

Banyak news ini counter

gerrarddy

266 posts

Posted by gerrarddy > 2020-10-20 21:57 | Report Abuse

Tomorrow gap up

maximus .

402 posts

Posted by maximus . > 2020-10-20 22:24 | Report Abuse

every weeks also got news....but the share price like shit....because tauke ini tak boleh percaya sudah....

aliyusof

1,393 posts

Posted by aliyusof > 2020-10-21 06:02 | Report Abuse

https://www.theedgemarkets.com/article/cc-puans-firm-teams-chinabased-orient-excellent-develop-semiconductor-hub-kedah?type=malaysia


People do not believe him with so many news on JV or MOU or Head of Agreements etc. Do not make profit for years....no bloody good. Sorry for those who bought tge share rm 1.60 or 1.0 level. 50 cts and will go down further

bonds56

313 posts

Posted by bonds56 > 2020-10-21 08:01 | Report Abuse

No confidence and will not believe him again

bonds56

313 posts

Posted by bonds56 > 2020-10-21 08:01 | Report Abuse

Many investors kena trap.

bonds56

313 posts

Posted by bonds56 > 2020-10-21 08:02 | Report Abuse

Better buy glove and medicine counters

Survivor13

710 posts

Posted by Survivor13 > 2020-10-21 08:09 | Report Abuse

pp fixed at 0.50 cents. tp 80

Liquidity

418 posts

Posted by Liquidity > 2020-10-21 08:19 | Report Abuse

I believe the private placement has been just completed. RM100m raised. Let's hope after this price will start increasing. Agreed on TP 80 sen.

maximus .

402 posts

Posted by maximus . > 2020-10-21 09:11 | Report Abuse

pp 0.50 to whom ah..?

Liquidity

418 posts

Posted by Liquidity > 2020-10-21 09:16 | Report Abuse

private investors la I think. Not any particular one entity.

gerrarddy

266 posts

Posted by gerrarddy > 2020-10-21 10:06 | Report Abuse

Price fully manipulated, mana SC??

Plantermen

2,242 posts

Posted by Plantermen > 2020-10-21 12:29 | Report Abuse

Sell first later subscript PP at a lower price. Win win formula. PP pricing not fixed { different trenches} using mark to market discount and valuations

Sheng1

182 posts

Posted by Sheng1 > 2020-10-21 13:36 | Report Abuse

diedie

aliyusof

1,393 posts

Posted by aliyusof > 2020-10-21 13:37 | Report Abuse

Terminator Chaplin asking a very good below:where to find money la?

1. 300mil to 500mil for tencent jv over the next 3 years
2. 50mil kasi venture capital
3. buy this buy that
4. tencent cloud breakeven in 2022
5. AI park

mana money come? from sky ar?

Last FY result, even EBIT (not to say PAT) it also lost RM57m already, no banks will have confidence to lend any money to thus company for all fantastic "FUTURE" expansion. Simply cannot trust this CEO at its top leadership. 2 or 3 years not making profit, Ok. Even not EBIT level? Very wrong management or business models? U think about.

didi7349

514 posts

Posted by didi7349 > 2020-10-21 15:43 | Report Abuse

money from bilis

Posted by Jonathan Keung > 2020-10-21 16:03 | Report Abuse

Latest news - IBI {a company owned by CCP } to develop a semi conductor hub in Kedah. What 's will happen if this industrial venture failed { Malaysia property or industrial site is now going thru a purple patch and struggling } the possibilities of GP ask to take over project from CCP is a real concern. Kulim already have a government owned Hi tech park. KLK already started their Batu Kawan industrial park } Not forgetting PDC { Penang } owned high technology site. What sort of investment can CCP hope to attract and compete against the other. Tax free incentives are allowed under MITI for Kulim Hi tech park and PDC run high technology centre

didi7349

514 posts

Posted by didi7349 > 2020-10-21 16:17 | Report Abuse

anybody here think cc puan will strike this time....or gpacket still a pump n dump?

nekosaan

625 posts

Posted by nekosaan > 2020-10-21 16:18 | Report Abuse

Habisssssssssssssssssss.... Gpacket is gone case, pity sohai CUTLOST has to sell back side for life to cover loss, ........aiyoyo.....

Plantermen

2,242 posts

Posted by Plantermen > 2020-10-21 16:23 | Report Abuse

Not too optimistic. GP moving here, moving there. Better start glove production { using 400 - 500 MILLION} to cater for China parties. No profit to showed!

Astartes

1,464 posts

Posted by Astartes > 2020-10-21 19:36 | Report Abuse

i wonder how many times can he take money from the retailers by dishing out PP after PP? lol

i think its the IBs that are taking up the PPs then they push up price n sell all to we retailers...

sad but true

thats why all the so called PPs investors are not listed...all are the IBs makan n then throw

shame on ccp dy. nobody trust him anymore...cilaka

Posted by skyflyer87 > 2020-10-21 19:40 | Report Abuse

Still waiting for the pump-dump day.

Posted by harvest6138 > 2020-10-21 20:40 | Report Abuse

GP just released news to clarify the semiconductor hub is Puan’s personal investment, GP is not involved in this as a company..

Palmboy92

142 posts

Posted by Palmboy92 > 2020-10-22 08:06 | Report Abuse

My personal thinking ,kendall want more holding in GP ,thats why Puan push down the price, private placement should be kendall,will unview after excellent Q3 result

amateurJR

2,366 posts

Posted by amateurJR > 2020-10-22 10:07 | Report Abuse

haha. now sleep for while. later shark pump up dun greedy got earn run lo. Anyway I am not going to touch this kind of FA koyak stock.

didi7349

514 posts

Posted by didi7349 > 2020-10-22 10:25 | Report Abuse

there was more than 60k unit queue to buy 1 min ago....now left with 8k plus only....heavy manipulation......bilis better dont touch this stock,....let perem-puan plays himself and hi himself

didi7349

514 posts

Posted by didi7349 > 2020-10-22 10:25 | Report Abuse

sell queue at 50 cents from few k units go up to 40k....

gerrarddy

266 posts

Posted by gerrarddy > 2020-10-22 11:00 | Report Abuse

Price manipulated around 0.49-0.505 for 2 weeks already.. means another round of goreng might be coming very soon..

ppp888

46 posts

Posted by ppp888 > 2020-10-22 11:38 | Report Abuse

Management talk more than the price can perform.

Liquidity

418 posts

Posted by Liquidity > 2020-10-22 11:45 | Report Abuse

question is goreng till how high? hard to guess when to sell. 60 sen? 70 sen? 80 sen?

gerrarddy

266 posts

Posted by gerrarddy > 2020-10-22 12:00 | Report Abuse

@liquidity probably 55 cents hahaha

Palmboy92

142 posts

Posted by Palmboy92 > 2020-10-22 13:02 | Report Abuse

See coming Q3 result just justify the price,if turn big green,will shoot like g3,big fish holding power became firm,floating share decrease significantly...no need wait two year,GP accept a lot of hidden deal recently,shouldnt be a problem to turn green.

mamatede

3,950 posts

Posted by mamatede > 2020-10-22 13:12 | Report Abuse

Actually i dont trust Gpacket or Puan. We can see gpacket has sign many2 MOU. As long as no serious improvement in profit, mou just mou.

Posted by Jonathan Keung > 2020-10-22 15:05 | Report Abuse

MOU has no legal binding status. Just an understanding between 2 or 3 parties to subscribe or venture or undertake certain projects { before a contract or project } is formed up. { Subject to other related terms and conditions finalised } the MOU is full of legal jargon and clauses

didi7349

514 posts

Posted by didi7349 > 2020-10-22 15:30 | Report Abuse

nobody trust him la.....track record so bad

angelo

414 posts

Posted by angelo > 2020-10-22 16:03 | Report Abuse

Still waiting patiently at 0.47.

samad

472 posts

Posted by samad > 2020-10-22 16:42 | Report Abuse

Baco sana belik sini
Pasar malam pasar pagi
Hura hara yang membeli
Aku tengok geli hati

Kita tambah lagi hari ini

Ah kah kah kah

Sabar sabar

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