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

3,792,800


31 people like this.

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

Posted by Jonathan Keung > 2020-11-28 10:43 | Report Abuse

Loss making since 2017 { -22 million PBT } 2018 {-67 million PBT } 2019 { - 44 million PBT }
2020 { 3 Qtrs cumulative losses { - 52 million PBT } excluding amortization

Posted by harvest6138 > 2020-11-28 12:54 | Report Abuse

They have been advertising and promoting the Digital warriors project recently (I saw it from Sinchiew Daily). Hope the KipleBiz payment gateway could bring significant recurring income for company ., let’s see the Q4 result ..

yeochingu

1,907 posts

Posted by yeochingu > 2020-11-28 22:53 | Report Abuse

hehe..many dreamers waiting you fly leh Gpacket..
CcPuan say Confident on Siltera bid..
Sure or not o Cc Boss

Posted by harvest6138 > 2020-11-29 08:26 | Report Abuse

Need more catalysts in order to move the share price up .. hope GPB have luck to win the Silterra bid ..

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-11-29 09:06 | Report Abuse

Slow mati liou.. I lv using E-wallet TnGo.. Very convenient than others

Posted by harvest6138 > 2020-11-29 09:39 | Report Abuse

E wallet and payment gateway is different , Kiple payment gateway also support Touch n go , I think what GPB intend to do is not directly compete with Touch n go , instead they are focusing on Business solution and prepare for Digital Banking .. If they are fighting for e wallet market then I guess the loss incurred will be even more than today ..

Posted by harvest6138 > 2020-11-29 09:41 | Report Abuse

I think their real competitor is the company like ipay88 ...who is the pioneer of payment gateway in Malaysia ..

Plantermen

2,242 posts

Posted by Plantermen > 2020-11-30 08:00 | Report Abuse

Touch & Go e wallet is the prefer choice and biggest provider in Malaysia. Others are part of multiple strings of new starts up trying to have a bite in the pie. The total number of e wallets providers in Malaysia {as at end of 2019} is 53. Most popular Touch & Go, Grab pay, Boost, Lazada and not forgetting PayPal. Do you still sign up for a new provider?

Posted by harvest6138 > 2020-11-30 08:41 | Report Abuse

For those interested , may see the company Digital warrios link as below , https://digitalwarriors.greenpacket.com/ , from what I understand from all the 5 episodes so far , the company is focusing on Business solution for payment gateway instead of e wallet , which they know they can not compete with T n go or boost .. which is their strategy , and this make sense as they can not afford to pay the subsidy ...Wish them success in this round ..

Posted by harvest6138 > 2020-11-30 12:51 | Report Abuse

One of my friend who is working in one big MNC company just told me that , they just shut down their Data Center in Hong Kong and moved all the data to Google cloud , and that is the industry trend now as most of them want to cut down the asset and expenses ... hence that is One of the reason why those cloud service provider enjoying such a big growth in recent year ..

123eztrade

642 posts

Posted by 123eztrade > 2020-11-30 13:12 | Report Abuse

CCP just informed that he is still NOT buying...good luck guys

Posted by harvest6138 > 2020-11-30 13:44 | Report Abuse

That is not really bother me as cloud and Data center is not going to contribute to the bottom line of company in short run , for me , Xendity acquisition is even more crucial as that could immediately improve their bottom line , e KYC is getting more important in month to come , and Company should capture more market share quickly ...I believe CC Puah knows well about this than us ... FYI , if you search the CTOS app for eKYC , the developer of app is Xenchain which is linked with Xendity...

Posted by Jonathan Keung > 2020-11-30 21:08 | Report Abuse

MDEC { Malaysia digital economy corporation } tie up with HUAWEI Malaysia to spearhead Malaysia initiative position as the centre of digital ASEAN and regional digital hub. Malaysia using HUAWEI 5G

dusti

2,404 posts

Posted by dusti > 2020-12-01 08:47 | Report Abuse

SO MANY STORIES, ONE QUESTION .........IS GPACK WAKING UP OR GONE ALREADY?

clp72

817 posts

Posted by clp72 > 2020-12-01 10:38 | Report Abuse

lol... yes, this counter damn alot of stories with all sorts of news, but price sideways or on downtrend

Citadel12

1,045 posts

Posted by Citadel12 > 2020-12-01 10:45 |

Post removed.Why?

Posted by ahmedahmed > 2020-12-01 10:59 | Report Abuse

Run

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-12-01 11:08 | Report Abuse

Long side way.. Plan will buy later below 40cts

Posted by Jonathan Keung > 2020-12-01 12:04 | Report Abuse

: won't average down but wait for it to rebounce .kena trap with all the false hope .GP private placement, data centre , e wallet, hi tech park but look at the performance . Straight losses for the past 4 financial years .no dividend , share dilution, cash problems { if they proceed with the so call CAPEx } how are they funding the projects when business is cash negative.banks are no fools. bankers are most risk sensitive

Posted by Palmboy Palmboy > 2020-12-01 14:11 | Report Abuse

believe in miracle

Posted by harvest6138 > 2020-12-01 14:59 | Report Abuse

I really wonder who is the investor who bought the 1 billions share at 80 sens from Kendal ??

Posted by Ahlim12345 > 2020-12-01 15:09 | Report Abuse

not only the 100mil from kendal, there is 100 mil PP completed at RM0.52, 55mil PP completed at RM0.5, and now waiting the final tranche of 55mil PP yet to be complete.

Posted by harvest6138 > 2020-12-01 15:27 | Report Abuse

How to find out who bought all these shares ?? I could not find it from Bursa web site ..

nekosaan

625 posts

Posted by nekosaan > 2020-12-01 16:10 | Report Abuse

CUTLOST Long side way.. Plan will buy later below 40cts
01/12/2020 11:08 AM

Sohai CUTLOST, sell more backside then can buy more, ha ha ha

linheng

1,373 posts

Posted by linheng > 2020-12-02 21:54 | Report Abuse

Most stable share price. Up or down 1 bid only

Posted by Jonathan Keung > 2020-12-02 23:51 | Report Abuse

the largest top 30 shareholder names appears in the company Annual Report. a search on their 2018 against 2019 display no significant changes in shareholders. PP of this large scale in theory should be reflected in the shareholder list

linheng

1,373 posts

Posted by linheng > 2020-12-03 05:56 | Report Abuse

Time to move up again

Posted by harvest6138 > 2020-12-03 08:51 | Report Abuse

This counter need fresh positive news like big business deal to move up .. hope management can bring us good news soon ..

rdwidjaya

138 posts

Posted by rdwidjaya > 2020-12-03 09:33 | Report Abuse

Looks like what @harvest6138 commented is true. CTOS eKYC powered by Xendity. https://themalaysianreserve.com/2020/06/17/green-packet-buys-xendity-for-rm42-8m/ CTOS logo also appears on Xendity website

ali baba

356 posts

Posted by ali baba > 2020-12-03 09:57 | Report Abuse

Acquisition completed already?
If yes, then it is good. They got the key building block for e-banking. They can also provide CTOS services to those online lenders like P2P players.

Posted by harvest6138 > 2020-12-03 10:09 | Report Abuse

eKYC application will be getting more and more popular , especially when Digital banking start to roll up , on top of that , Xendity also working on solution for Indonesia and Philippine , that would be bonus if they can win some projects from that two countries as well .. Anyway AEON credit just signed up the CTOS eKYC recently ...

rdwidjaya

138 posts

Posted by rdwidjaya > 2020-12-03 10:36 | Report Abuse

@ali baba Ya, "share sale agreement" in the announcement means acquisition is completed

Posted by Jonathan Keung > 2020-12-03 15:05 | Report Abuse

acquisition of eKYC { know your customer } platform with Alibaba cloub fall thru. now GPacket acquisition eKYC on thier own. { Placement of additional new shares } Is it good ? for minority shareholders

Rishi

372 posts

Posted by Rishi > 2020-12-03 20:25 | Report Abuse

Not sure how to react to this news.

https://www.thestar.com.my/business/business-news/2020/12/03/green-pac...

Until the acquisition is complete; i'm not gonna settle down with the company. Hoping to see a green light they have acquired it.

One of the biggest lost in my portfolio. My mistake trusting software instead of hardware.

canbuyla

545 posts

Posted by canbuyla > 2020-12-03 23:09 | Report Abuse

no up sign seen...
don't buy yet
wait

Jasonn

94 posts

Posted by Jasonn > 2020-12-03 23:13 | Report Abuse

I can feel that it's purposely push down the price by operator, due to private placement and xendity acquisition as they can pay less or get more shares.

Posted by JackTan1217 > 2020-12-03 23:54 | Report Abuse

Gpacket is negotiating with China party to do vaccine also...Expect another Bintai play...Better get some, later u sure regret

future

411 posts

Posted by future > 2020-12-04 00:08 | Report Abuse

Ya, heard this too JackTan!

BearishTrend

1,296 posts

Posted by BearishTrend > 2020-12-04 01:09 | Report Abuse

waiting patiently..sure get back above 50cts

samad

472 posts

Posted by samad > 2020-12-04 08:53 | Report Abuse

Hari hari tunggu Jali
Tunggu Jali bawak xiao xi
Sebelum Jali sampai kemari
Baik aku beli dulu pagi ini

Ah kah kah kah

Sabar sabar

Posted by Jonathan Keung > 2020-12-04 09:27 | Report Abuse

Vaccine GP now - big news . Gp past news on digital bank, e wallet, provider, hi tech property park, MOU with ten cent cloud , yesterday e KYC platform, not forgetting 100million private placement

Posted by Joseph2020 > 2020-12-04 11:27 | Report Abuse

疫苗業務。 我建議公司名稱應更改為 Green Phama (GP)。

Sheng1

182 posts

Posted by Sheng1 > 2020-12-04 12:16 | Report Abuse

move or trap?

CKT1818

331 posts

Posted by CKT1818 > 2020-12-04 12:20 | Report Abuse

finally wake up?

CKT1818

331 posts

Posted by CKT1818 > 2020-12-04 12:21 | Report Abuse

once a month wake up once

Rishi

372 posts

Posted by Rishi > 2020-12-04 13:42 | Report Abuse

hopefully break 0.49.

GoldenShares

3,544 posts

Posted by GoldenShares > 2020-12-04 14:32 | Report Abuse

GP glove + vaccine even better, LOL

canbuyla

545 posts

Posted by canbuyla > 2020-12-04 14:46 | Report Abuse

sell la, CCP rolling up to sell

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