Careful ooh AlexZai. cheap can get cheaper until 0.05. If gap down below tencent nanti, I buy 100 lots. Tis 100 lots ready to burn if pn17 / delist. No more no less.
Don't worry, insider news they will takeover Microsoft Malaysia and their cloud computing services with our mangkuk minister Adham Baba. Will limit up for 3 days. Sell house, sell car and sell wife also must buy. Sure cannot go lower, haha
Is it bad at this price? NTA 21 cents, lowest price was 11 cents, total borrowings based on latest report is $11.3M and cash balances at $59M. 1st pp fully utilized and so does 2nd pp based on the latest report.
assuming it was proxies accounts being used to sell down the share to collect cheap tickets or to lower the pp price, isn't it attractive to buy some at current price? It is risky due to the poor track records of the company and may not be suitable for everyone.
any thoughts on how much is this company worth? and lets be objective and put aside the emotion due to the volatility of the share price - resulted from market force or its underlying fundamentals.
currently gpacket should be assessed by its growth...but not its bottom line...and gpacket invests in more than 1 standard this time rather than last time only wimax....this time around there r 5 pillars.....and dont think we can c gpacket returns to black in the next 1 yr...or more..
I bought some at 11.5 cents which is about 45% discount from its NTA. Will be monitoring its total borrowings and will not hesitate to close out the position if and when the total borrowings increases and exceeding cash balances. As for the business itself, its their (CC Puan and company) job to deliver the results.
GP is IT co..NTA is intangible asset money if they have...you look at EVERGRANDE HK , NTA 13 drops to only 2 bucks, yet mostly are property, tangible assets ....IT co you look at growth !!!. sadly GP only growth is in losses....
What he said does not matter to me. I did not follow it anyway. What is important to me is the numbers in the financial report. I am taking a bit of risk buying it. It can be a wrong move and its just the risk I am willing to take. If the debt deteriorates to the extend its higher than its cash balances, that's a sell call for me.
wow 110 buy buy buy!!! then sell sell sell with loss making later...still got alot water fish support and dreaming for earning from this shares...just support pcc and donate to him saje laa ^^
Private Placement again..! from 0.36 to 0.115..! if GP keep issuing PP, price sure will drop to 5cent.. and not Tencent anymore.. and very curious, why still got PP investor buy this falling penny stock..?? should ask CC.Puan in Facebook...
Thank you for the reminder, MK76. Will take note of it and your concern is much appreciated. The latest pp announcement is related to pp plan for working capital. It is the same as the previous tranche and all of it related to the same pp for working capital. He and the company should know well enough why they need the funding for working capital. Will just let him do what he wants to do until it triggers my own selling criteria. I bought once at 11.5 cents and do not plan to add. A small position and no concern if it is stuck forever if you will. Thanks again.
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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....
AlexZai
572 posts
Posted by AlexZai > 2021-09-29 22:29 | Report Abuse
Logically speaking will rebound just like serbadinamik