He took a share loan and pledged his shares as collateral say like 60%,. His loan amount cannot drop to a certain level, hence trigger the margin call..
Prestariang (now awantec) at least has a sustainable business model which helps it to recover.
Gpacket’s team is weak and does not know how to run the company for the past 15years. Don’t expect them to be able to suddenly capable of running this company in the future
GPB management , lets stop dreaming about the future of Kiple ewallet , I suggest management to focus on eKYC and Cloud . for the digital segment , you will never be able to compete with TNG , no matter what kind of incentives you prepare to give , you should stick to the B2B business models , and look into the quality and stability of products that you offered , don't spend and waste money to develop something not going to bring revenue to company , it hurts the investors like us ..so, lets drop the right issue and focus the resources on Cloud computing ..
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
2,578 posts
Posted by abang_misai > 2021-05-19 21:08 | Report Abuse
This Gpacket once sink and cannot float again