Con man counter will always have keyboard trooper to spread the big contract coming / limit up / new 5G deal /new Dataprep is coming. Use yr diligence and avoid this to save yr hard earn money
haha be another dataprp? waa this really no joke...non stop laughing! is good to dream but for those keep dreaming limit up..pls fasten your seatbelt and continue dreaming more...haha
I would suggest to add Puan facebook or ping him personally what is his view on Gpacket after missing the Silletra project. He added me back on Facebook yet to get his reply though.
Rishi totally agreed with your idea. 5G play is another idea so called GP {Puan grand idea} but now the big 3 telco [ Axiata, Digi, maxis] has tied up to improved 4G collaboration. Meaning indirectly 5G going forward is the monopoly. This leaves out all the fringe player
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING GREEN PACKET BERHAD ("GPB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 190,273,400 NEW ORDINARY SHARES OF GPB, PURSUANT TO THE GENERAL MANDATE OBTAINED FROM GPB'S SHAREHOLDERS ("PRIVATE PLACEMENT") GREEN PACKET BERHAD
Type Announcement Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING Description GREEN PACKET BERHAD ("GPB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 190,273,400 NEW ORDINARY SHARES OF GPB, PURSUANT TO THE GENERAL MANDATE OBTAINED FROM GPB'S SHAREHOLDERS ("PRIVATE PLACEMENT") We refer to the announcements made on 12 August 2020, 13 August 2020, 25 August 2020, 1 September 2020, 20 October 2020, 28 October 2020, 9 February 2021, 17 February 2021, 19 February 2021 and 26 February 2021 in relation to the Private Placement (“Announcements”). Unless otherwise defined, the definitions set out in the Announcements shall apply herein.
On behalf of GPB, TA Securities wishes to announce that the Board has on 17 March 2021 (“Price-fixing Date”) fixed the issue price for the remaining 34,208,800 Placement Shares at RM0.36 each (“Issue Price”).
The Issue Price of RM0.36 is at a discount of RM0.0308 or 7.88% to the 5-day volume weighted average market price of GPB Shares up to and including 16 March 2021, being the last market day immediately preceding the Price-fixing Date, of RM0.3908 per GPB Share.
This announcement is dated 17 March 2021.
Announcement Info Company Name GREEN PACKET BERHAD Stock Name GPACKET Date Announced 17 Mar 2021 Category General Announcement for PLC Reference Number GA1-17032021-00090
Private placement dilutes future earning and increase their share base. Theoretically a company earned 100 dollars with a share base of 1000 shares { 0.1 per share} if the share base increased to 2000 shares { earnings per share dip to 0.05 }
Silterra bid also the same. Highest local bid but never won. Local bumi consortium and etc.. Denx won by matching the bid offered by greenpacket. What went wrong?? Take ur price and ask ur competitors to match the price.
Puan said the improved financial performance of the group’s pioneering businesses, strong footing of its new digital businesses and catalytic corporate developments in 2020 and 2021 will give Green Packet tremendous confidence and encouragement to deliver stronger operational and financial performances this year.
“We are committed to deliver on our strategic plans and unlock the true value of the group for our shareholders, ” he said.
According to G3 global Bursa announcement , GPB just disposed substantial G3 shares in open market , on 18th March was 6 millions shares and 19th March 37.5 millions share , there are no transaction cost been reported , but , the share price of G3 was 1.1 to 1.44 during that period , that means close to RM 50 millions value out of these two transactions ..That could help to fund the cloud business ..
Starting from year 2017 till now 2021. Out of Gpacket 16 qtrs result. 15 Qtrs are loss making and negative. ONLY 1 qtr result is positive. Can we still trust him?
Software and Devices business registered 237% higher sales in the current quarter compared to year on year basis mainly due to higher shipment to ASEAN, Europe and Middle East. The Communication Services business recorded a lower revenue of 34% in the current quarter as compared to the previous year on year mainly due to decrease of traffic volume from Bangladesh and Nicaragua destination. The Digital Services business recorded a higher revenue of 23% in the current quarter as compared to the previous year on year mainly due to contribution from Selangkah's software development and integration project (initiative platform created by the Selangor State Government’s Task Force for Covid19 (“STFC”)).
The higher loss after tax(17.25M) in the current quarter was mainly due to increase in staff costs and sales and marketing expenses coupled with the increase in share of losses in associate companies.
Agreed, wtf.. where is the ROI with higher opex? It is in the right booming new economics industry n yet not performing. This is one of the top ten in bursa with downtrend, others are up since MCO Mar2020 YTD. VERH PROUD OF IT.. NO SHAME PUAN.
It's a good time for Gpacket to think about "Privatization". Company is cash rich now. The offer may be around 38 to 45 sen per share. Because NTA now is 38 sen.
What an astonishing announcement ! Sold G3 for 63.2 million, invested 35 million, BUT claim to make profit close to 49 million !!??? Soon Bursa will query Gpket how they derived the profit !!!
keep issuing private placement... & a lot of corporate exercises... but still no results yet... hope CCP could show shareholders the solid results FY2021 as promised...
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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....
Tony008
124 posts
Posted by Tony008 > 2021-03-18 14:37 | Report Abuse
Con man counter will always have keyboard trooper to spread the big contract coming / limit up / new 5G deal /new Dataprep is coming. Use yr diligence and avoid this to save yr hard earn money