Predicting Consol in the end.. worst still would be like followed by PPs ESOS and Conso again... that time prices could drop even 0.015... dont believe in history ? Analyse BCMALL since 3 years back... it is possible to be..
GREEN PACKET BHD: (GRPB MK, CP: MYR0.06, Not Rated) Disposing loss making subsidiary, will this help? Maybank IBG Retail Research
Green Packet announced that its wholly-owned subsidiary Xendity Pte Ltd is disposing its entire interest in Xendity S/B, which is involved in research and development of software, for a cash consideration of MYR17.5m. The proposed disposal is expected to be completed in 2Q23.
Pursuant to the disposal, Green Packet is expected to book in an estimated gain on disposal of MYR3.6m. According to management, the proceeds from the proposed disposal will be utilised for the group’s existing core business and to fund for any future business expansions.
This move should be well received by investors as it would help to improve the group’s bottom line and provide immediate cash flow. Xendity reported LAT of MYR1.2m in 11M22. Albeit small in comparison to Green Packet’s LAT of MYR155m in FY22, this is a step toward returning to profitability.
Green Packet is principally involved in fintech and communication. Moving forward, prospects appear to be challenging on the back of the high operating costs environment, on top of the highly competitive landscape in the industry. Hence, investors with low risk appetite should stay on the sideline.
Valuation wise, PB is a more appropriate methodology given its earnings track record. At current price, the stock is trading at a PB of 1.3x, lower than its 3-year historical average PB. Green Packet has a healthy balance sheet. Its net cash stood at MYR28.5m at end-Sep 2022.
Notable changes in shareholding at companies listed on Bursa Malaysia between Oct 25 and 28 included those at Green Packet Bhd, which saw the emergence of substantial shareholder Datuk Seri Lim Kok Han after he acquired 358.18 million shares, or 18.33% equity interest, through a private placement. The shares were registered under Hong Seng Capital Sdn Bhd.
The placement made Lim Green Packet’s largest shareholder. The second largest shareholder is Wui Leong Seng, who has a 6.36% stake.
For the quarter ended June 30, 2022, Green Packet managed to narrow its net loss to RM10.43 million from RM49.24 million a year ago. This came on the back of a 50% jump in revenue to RM187.2 million from RM124.85 million.
Green Packet: Sells remaining shares in G3 Global. Green Packet has disposed of its remaining shares in G3 Global Bhd for RM5.78m. Green Packet sold the remaining amount of 115.25m G3 Global shares, representing a 3.97% stake in the open market via direct business transaction on Aug 10. (The Edge)
Macam mau breakeven... Latest quarterly, rugi rm1juta+ je. :)
Quarterly rpt on consolidated results for the financial period ended 30 Sep 2022 GREEN PACKET BERHAD
Financial Year End 31 Dec 2022 Quarter 3 Qtr Quarterly report for the financial period ended 30 Sep 2022 The figures have not been audited Attachments GPB - Quarterly Results Q3_22-v1(2).pdf 271.8 kB Default CurrencyOther Currency Currency: Malaysian Ringgit (MYR)
SUMMARY OF KEY FINANCIAL INFORMATION 30 Sep 2022
INDIVIDUAL PERIOD CUMULATIVE PERIOD CURRENT YEAR QUARTER PRECEDING YEAR CORRESPONDING QUARTER CURRENT YEAR TO DATE PRECEDING YEAR CORRESPONDING PERIOD 30 Sep 2022 30 Sep 2021 30 Sep 2022 30 Sep 2021 $$'000 $$'000 $$'000 $$'000 1 Revenue 169,793 119,158 459,336 386,720 2 Profit/(loss) before tax -4,788 -19,530 -35,168 -41,358 3 Profit/(loss) for the period -4,594 -19,528 -35,150 -41,786 4 Profit/(loss) attributable to ordinary equity holders of the parent -1,140 -19,955 -103,569 -193,305 5 Basic earnings/(loss) per share (Subunit) -0.30 -1.50 -2.30 -4.00 6 Proposed/Declared dividend per share (Subunit) 0.00 0.00 0.00 0.00
AS AT END OF CURRENT QUARTER AS AT PRECEDING FINANCIAL YEAR END 7 Net assets per share attributable to ordinary equity holders of the parent ($$) 0.0500 0.1300
Definition of Subunit: In a currency system, there is usually a main unit (base) and subunit that is a fraction amount of the main unit. Example for the subunit as follows:
Country Base Unit Subunit Malaysia Ringgit Sen United States Dollar Cent United Kingdom Pound Pence
Announcement Info Company Name GREEN PACKET BERHAD Stock Name GPACKET Date Announced 22 Nov 2022 Category Financial Results Reference Number FRA-16112022-00015
funds and digital asset portfolios to ensure that clients can benefit from this emerging asset class while being fully aware of the potential risks.
Furthermore, OCIB will also provide conventional investment banking services such as private wealth and corporate advisory and solutions in working capital management and underlying trade services to its clients, according to Green Packet.
Green Packet’s entry into the sector comes on the back of shareholders’ approval of the group’s diversification of business into the area of investment at its recent Extraordinary General Meeting.
“Our decision to participate in this high-growth specialised investment sector is aligned with Green Packet’s 5.0 strategy and our massive transformation purpose, which is to improve the way we live through continuous digital innovations.
“OCIB will spearhead the group’s offerings within the Blockchain technology space. We anticipate that digital assets and blockchain will have a far more disruptive impact compared to conventional fintech as it addresses the fundamental building blocks of the financial ecosystem. We see tremendous potential in this space and will strive to help our clients to benefit from this transformational technology,” said OCIB Chief Executive Officer Tan Kay Yen.
Shares of Green Packet settled unchanged at 20.5 sen, giving the company a market capitalisation of RM257.94 million. It saw some 3.94 million shares traded.
The stock has fallen 51.19% year to date (YTD) since the beginning of this year.
0082 GPACKET GREEN PACKET BHD Change in Boardroom Date of Change: 15/11/2022 Type of Change: Appointment Designation: Others Directorate: N/Ind & N/Exec Name: LIM KOK HAN Age: 53 Country: Nationality: Malaysia Qualifications: Working Experience and Occupation: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Directorship of public companies (if any): None Family relationship with any director and/or major shareholder of the listed issuer: None Details of any interest in the securities of the listed issuer or its subsidiaries: Dato' Sri Lim Kok Han owns 358,183,000 Green Packet ordinary shares. Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
0082 GPACKET GREEN PACKET BHD Change in Boardroom Date of Change: 15/11/2022 Type of Change: Appointment Designation: Others Directorate: Ind & N/Exec Name: CHONG MUN PHING Age: 64 Country: Nationality: Malaysia Qualifications: Working Experience and Occupation: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Directorship of public companies (if any): NONE Family relationship with any director and/or major shareholder of the listed issuer: NONE Details of any interest in the securities of the listed issuer or its subsidiaries: NONE Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com Submitted By:
Good strategy Financial year ending 31 December 2022 prospects a) Due to the ongoing Covid-19 pandemic, the overall business environment remains challenging. Consequentially, the Group is revamping its non-profitable business lines to remain competitive with the following focus and new business initiatives: • Improve operational efficiency for wholesale voice traffic and rapid diversification into wholesale data to improve earnings for the Communication business. • Build strategic partnership, upsell additional modules and expand customer base for Digital & Financial Services business. • Continue to evaluate and wind up the non-performing subsidiaries.
0082 GPACKET GREEN PACKET BHD OTHERS OTHERS DISPOSAL OF 100% EQUITY STAKE IN XENDITY SDN BHD TO INNOV8TIF HOLDINGS SDN BHD FOR CASH CONSIDERATION OF RM17.5 MILLION (COLLECTIVELY REFERRED TO AS DISPOSAL OF THE TARGET SALE SHARES) You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
Stock [GPACKET]: GREEN PACKET BHD Announcement Date 08-Nov-2022 Listing Date 09-Nov-2022 New Type/Class? No Type Acquisitions Details Acquisition of the entire equity interest in Xendity Pte Ltd for an aggregate purchase consideration of up to United States Dollar (USD) 10.0 million, of which USD1.5 million will be satisfied in cash and the remaining amount of up to USD8.5 million will be satisfied via the allotment and issuance of new ordinary shares in Green Packet Berhad No. of shared issued 26,231,733 Issue Price MYR 0.070 Par Value 0.000 Total NOSH 1,987,629,194
Summary from 02/01/2009 to 14/10/2022 Highest Price 5.7800 First Occurred on 09/12/2011 Lowest Price 0.0350 First Occurred on 14/10/2022 Highest Volume 129.000m First Occurred on 06/11/2019
0082 GPACKET GREEN PACKET BHD Quarterly rpt on consolidated results for the financial period ended 30/09/2022 Quarter: 3rd Quarter Financial Year End: 31/12/2022 Report Status: Unaudited Submitted By: Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period 30/09/2022 30/09/2021 30/09/2022 30/09/2021 RM '000 RM '000 RM '000 RM '000 1 Revenue 169,793 119,158 459,336 386,720 2 Profit/Loss Before Tax (4,788) (19,530) (35,168) (41,358) 3 Profit/(loss) attributable to ordinary equity holders of the parent (1,140) (19,955) (103,569) (193,305) 4 Net Profit/Loss For The Period (4,594) (19,528) (35,150) (41,786) 5 Basic Earnings/Loss Per Shares (sen) (0.30) (1.50) (2.30) (4.00) 6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00 As At End of Current Quarter As At Preceding Financial Year End 7 Net Assets Per Share (RM) 0.0500 0.1300 Remarks: You are advised to read the entire contents of the announcement or attachment. To read the entire contents of the announcement or attachment, please access the Bursa website at http://www.bursamalaysia.com
STATEMENT OF SHAREHOLDINGS AND WARRANT HOLDINGS AS AT 31 MARCH 2022
Thirty Largest Registered Holders No. Name No. of shares Held % of Issued Shares 1. Kenanga Nominees (Tempatan) Sdn Bhd Pledged securities account for Leong Seng Wui 124,342,570 8.91 2. Gemtek Technology Co., Ltd 26,273,280 1.88 3. UOB Kay Hian Nominees (Asing) Sdn Bhd Exempt an for UOB Kay Hian Pte Ltd (A/C Clients) 12,705,010 0.91 4. HLIB Nominees (Tempatan) Sdn Bhd Pledged securities account for Tan Chu Liong 10,260,000 0.74 5. Mah Siew Hoe 9,500,000 0.68 6. Foo Choon Tow 8,000,000 0.57 7. Sham Foo Keong 7,100,000 0.51 8. RHB Nominees (Tempatan) Sdn Bhd Pledged securities account for Premier Elite Marketing Sdn Bhd 6,700,000 0.48 9. Public Nominees (Tempatan) Sdn Bhd Pledged securities account for Lim Choon Eek (E/TAI/KKR) 6,500,000 0.47 01 02 03 04 05 06 ANNUAL REPORT 2021 207 ANALYSIS OF SECURITIES Thirty Largest Registered Holders (Cont’d) No. Name No. of shares Held % of Issued Shares 10. Chang, Jin-Yi 6,379,000 0.46 11. Jasvinder Singh a/l Gurbakhes Singh 6,000,000 0.43 12. Public Nominees (Tempatan) Sdn Bhd Pledged securities account for Poh Seng Kian (TJJ/KEN) 6,000,000 0.43 13. Mac Ngan Boon @ Mac Yin Boon 5,523,720 0.40 14. Maybank Nominees (Tempatan) Sdn Bhd Pledged securities account for Wong Wah Peng 4,919,400 0.35 15. Tan Yew Sing 4,914,800 0.35 16. Citigroup Nominees (Tempatan) Sdn Bhd Great Eastern Life Assurance (Malaysia) Berhad (LEEF) 4,857,300 0.35 17. Liew Wai Kiat 4,836,500 0.35 18. Tasec Nominees (Tempatan) Sdn Bhd Exempt an for TA Investment Management Berhad (Clients) 4,709,800 0.34 19. CGS-CIMB Nominees (Tempatan) Sdn Bhd Pledged securities account for Tang Lee Hieh (MQ0231) 4,445,600 0.32 20. Low Teck Lai 4,400,000 0.32 21. Puan Kam Fook 4,162,300 0.30 22. Tey Meng Huat 4,100,000 0.29 23. M&A Nominee (Tempatan) Sdn Bhd Pledged securities account for Soh Choh Piau (M&A) 3,599,000 0.26 24. Sia Hui Min 3,510,609 0.25 25. Public Nominees (Tempatan) Sdn Bhd Pledged securities account for Chia Kim Yong (E-KLC) 3,475,000 0.25 26. Saravanan a/l Murugan 3,470,000 0.25 27. Sia Hui Yong 3,444,026 0.25 28. Kenanga Nominees (Tempatan) Sdn Bhd Pledged securities account for Khoo Poh Chye 3,425,000 0.25 29. Dato’ Sri Wong Ing Soon 3,200,000 0.23 30. Kerk Han Meng 3,111,500 0.22 TOTAL 303,864,415 21.80
OUR ENVIRONMENTAL MANAGEMENT The Sustainability Policy of Green Packet on environment factor states Green Packet will continue to focus on climate change impact competence with the view that production processes, products and services will have no damaging effect on the environment. This policy also reflects Green Packet’s motto “Green is our name, green is our practices”. Green Packet understands that every step it takes has an impact on the environment. As a result, Green Packet takes great stride in monitoring and managing the output of its activities, to ensure minimal negative impact on the environment. Recognising the severity of climate change, the activities strictly adhere to the relevant environmental laws and regulations. Green Packet strives to update its Environment Policy periodically to ensure that it meets the latest sustainability compliance.
no wonder the share price rebounded a lot.... macam dapat dipulihkan
Revenue contribution comprises the following: • Digital Devices & Infrastructure business registered 61% slower sales in the current quarter as compared to previous same quarter mainly due to the disposal of a subsidiary involved in provision of wireless networking and telecommunication products. • Communications business recorded a higher revenue of 60% in the current quarter as compared to previous same quarter mainly due to increased inbound traffic on voice minutes. • Digital & Financial Services business recorded a higher revenue of 277% in the current quarter as compared to previous same quarter mainly due to higher revenue from projects implementation and terminal. • Corporate Unit recorded a lower revenue of 100% in the current quarter as compared to previous same quarter mainly due to lower interest income. 30-Sep-22 30-Sep-21 30-Sep-22 30-Sep-21 RM million RM million RM million RM million Revenue 169.79 119.16 42% 459.34 386.72 19% Operating Loss (2.09) (17.60) 88% (6.79) 0.43 -1693% EBITDA (2.09) (17.84) 88% (26.71) (35.65) 25% Loss Before Tax (4.79) (19.53) 75% (35.17) (41.36) 15% Loss After Tax (4.59) (19.53) 76% (35.15) (41.79) 16% (4.61) (19.15) 76% (35.01) (49.58) 29% 3 months quarter ended % Change 9 months period ended % Change Loss Attributable to Ordinary Equity Holders of the Parent 30-Sep-22 30-Sep-21 30-Sep-22 30-Sep-21 RM million RM million RM million RM million Digital Devices & Infrastructure 2.81 15.74 -61% 43.33 42.46 462% Communications 161.26 100.92 60% 402.61 334.08 21% Digital & Financial Services 5.73 1.52 277% 13.34 9.17 45% Corporate Unit - 0.98 -100% 0.05 1.01 -95% Total 169.79 119.16 42% 459.34 386.72 19%
White label e-wallet solution Comprehensive, licensed platform that enables cashless transactions with integration of e-wallet for cards, banks and digital money transactions, loyalty and membership functionalities.
ALVIN TAN LEY CHONG Chief Executive Officer, Green Packet Global Pte Ltd
Alvin Tan Ley Chong is the Chief Executive Officer of Green Packet Global (formerly known as NGT Networks Pte Ltd) a wholly owned subsidiary of Green Packet Berhad.
With over 23 years of retail and wholesale experience in the telecommunications industry, Alvin Tan joined Green Packet Berhad in 2007 to establish NGT Networks Pte Ltd - an international wholesale voice and data carrier. He had achieved EBITDA breakeven its first year of operations, and brought in more than RM50 million nett profit over 10 years.
Alvin Tan has also spearheaded the rebranding of NGT Networks into Green Packet Global and has been essential to its strategic planning. He continues to advance the company’s mission and achieve its revenue, profitability, and growth targets. Today, Green Packet Global is among the largest and fastest growing neutral wholesale carrier of international voice and data traffic in Asia and the Middle East, connecting more than 250 suppliers and serving clients in more than 100 countries.
Moving forward, Alvin Tan continues to oversee the company’s operations and helms its journey to becoming a one-stop solutions provider for the telecommunications industry in Asia and beyond.
Alvin Tan holds a Bachelor’s degree in Electrical and Electronic engineering, majoring in data & telecommunications from the University of Hertfordshire, UK.
RICKY LEW LIB KEE
Chief Executive Officer, Kiplepay Sdn Bhd
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Green Packet is an internationally recognized telecommunications, media and technology Company. Founded in the heart of California’s Silicon Valley in 2000 and subsequently listed on the Malaysian Stock Exchange in 2005, Green Packet designs and produces wireless devices, user-centered applications and services that enable the delivery of valuable digital experiences.
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LIM KOK HAN REPORT DATE STOCK NAME NAME IN ANNUAL REPORT NUMBER (RATIO) 7/29/22 (2022) CFM 8044 Lim Kok Han 4225900 (2.06%) 4/29/22 (2021) EFORCE 0065 LIM KOK HAN 9634100 (1.72%) 8/9/21 (2021) MMAG 0034 LIM KOK HAN 3082500 (0.27%) 7/29/21 (2021) MYTECH 7692 LIM KOK HAN 300000 (0.67%) 5/27/21 (2020) STRAITS 0080 Lim Kok Han 4699300 (0.6%) 5/12/21 (2020) EFORCE 0065 LIM KOK HAN 7000000 (1.25%) 10/30/20 (2020) CUSCAPI 0051 LIM KOK HAN 3260000 (0.38%) 10/30/19 (2019) KPOWER 7130 Dato’ Lim Kok Han 380000 (0.5%) 4/30/19 (2018) CUSCAPI 0051 DATO LIM KOK HAN 24192500 (2.82%) 4/25/19 (2018) THHEAVY 7206 Dato ‘ Lim Kok Han 4827200 (0.43%) 4/30/18 (2017) CUSCAPI 0051 Dato’ Lim Kok Han 12933800 (1.68%) 4/27/18 (2017) THHEAVY 7206 DATO ‘ LIM KOK HAN 4827200 (0.43%) Klse shareholdings by LIM KOK HAN in various shares listed in Bursa Malaysia. Please remind that these data extracted from yearly annual report and may consists of data error. For investing study purpose only
Profile for Securities of PLC GREEN PACKET BERHAD Instrument Category Securities of PLC Instrument Type Warrants Description Free Warrants 2018/ 2023 in Green Packet Berhad ("GPB") ("Warrant(s)") issued pursuant to the renounceable rights issue of up to 150,202,583 new ordinary shares in GPB ("GPB Share(s)") ("Rights Share(s)") on the basis of 1 Rights Share for every 5 existing GPB Shares held together with up to 450,607,749 free detachable warrants in GPB ("Warrant(s)") on the basis of 3 Warrants for every 1 Rights Share subscribed for as at 5.00 p.m. on Thursday, 1 November 2018 at an issue price of RM0.40 per Rights Share ("Rights Issue with Warrants") Listing Date 04 Dec 2018 Issue Date 27 Nov 2018 Issue/ Ask Price Not Applicable Issue Size Indicator Unit Issue Size in Unit 450,607,668 Maturity Mandatory Maturity Date 24 Nov 2023 Revised Maturity Date Name of Guarantor Not Applicable Name of Trustee Not Applicable Coupon/Profit/Interest/Payment Rate Not Applicable Coupon/Profit/Interest/Payment Frequency Not Applicable Redemption Not Applicable Exercise/Conversion Period 5.00 Year(s) Revised Exercise/Conversion Period Not Applicable Exercise/Strike/Conversion Price Malaysian Ringgit (MYR) 0.4000 Revised Exercise/Strike/Conversion Price Not Applicable Exercise/Conversion Ratio 1 : 1 Revised Exercise/Conversion Ratio Not Applicable Mode of satisfaction of Exercise/ Conversion price Cash Settlement Type/ Convertible into Physical (Shares)
Remarks : Each Warrant carries the entitlement to subscribe for 1 new GPB Share at the exercise price of RM0.40 and at any time during the exercise period of 5 years as indicated above ("Exercise Period") commencing from and including the issue date and ending at 5.00 p.m. on the expiry date (provided that if such a day is not a market day, then it shall be the market day immediately preceding the said non-market day). The Warrants are subject to the adjustments in accordance with the provisions of the deed poll dated 18 October 2018, constituting the Warrants. Any Warrants not exercised during the Exercise Period will thereafter lapse and cease to be valid for any purpose.
This announcement is dated 3 December 2018. Announcement Info Company Name GREEN PACKET BERHAD Stock Name GPACKET-WB Date Announced 03 Dec 2018 Category Listing Information and Profile Reference Number LIP-03122018-00001
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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....
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