If u look at the weekly technicals, u can see that the 22 day smooth moving Avg ("SMA") will be crossing the 101 days SMA. Also, the StochRSI has bottomed out and can be seen to be closing up to RSI levels, indicating a potential breakout. So in short guys, as i also echo User Vam Pire words, be patient....wait for it.....it'll fly.
Be careful when purchase GP-WA because its warrant is going to expire on 27-09-2014 and its Exercise Price:RM0.95 The price of warrant will become worthless when it nearer to its maturity date.The stakesholders definitely not willing to exercise the conversion price of warrant at RM0.95/share. This warrant is high risk and zero return during the expire date
i had out from BornoilW at 0.275 now think to go in for GP. Anybody have any idea if how about GP going down to 0.43, can we purchase? Pls somebody advise me. Thank You
Green Packet (GRPB MK; RM0.485) – BUY - The stock broke out above its resistance trend line and 30-day SMA but remained below the 50day SMA. Yesterday, prices formed a full white candle, which could see the stock embark a new uptrend. - Indicators are now showing signs of improvement. MACD line is turning upwards slowly while RSI has swung above the 50pts mark. - If the candles break above 50-day SMA, prices are likely to charge towards RM0.570 and RM0.640 next. A stop below RM0.465 is advisable
Packet One partners Exabytes on e-commerce Posted on 8 January 2014 - 05:41am sunbiz@thesundaily.com Print PETALING JAYA (Jan 8, 2014): Local 4G service provider Packet One Networks (Malaysia) Sdn Bhd (P1) will collaborate with Exabytes Network Sdn Bhd, the country's largest web hosting provider, to deepen its broadband and voice penetration into the expanding e-commerce market.
The collaboration will see P1 offer additional voice call savings, free installation and its related line rental fee, as well as zero equipment for all communication services and connectivity solution packages that Exabytes' customers subscribe to.
Exabytes founder and CEO Chan Kee Siak said in a statement yesterday, the Exabytes-P1 collaboration offers as a feasible option for e-commerce businesses to connect with their customers at anytime, anywhere.
"Instantly, this has enabled us to reach out to over 60,000 of Exabytes' customers in the online business space, as well as the thousands of e-commerce merchants on Easy.my, which is now one of Southeast Asia's largest online retail shopping platforms powered by Exabytes," P1 chief commercial officer Kelvin Lee said.
Moving forward, P1 is planning to make several special promotions targeting its over 550,000 P1 subscribers to shop on Easy.my, Lee added.
According to a research done by Euromonitor International, the Malaysian e-commerce market is expected to grow at an accelerated pace from RM842 million in 2011 to an estimated figure of RM1.9 billion by 2016.
Personally, I wouldn't want to invest in this counter, for a simple reason:
The upside is un-certain & not much, but the downside is huge.
I would rather invest in counters that have strong fundamentals with equally good potential of upside. Reason is simple too: If the share price does not move up, it is always safe to hold as investment.
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....
pandarian
131 posts
Posted by pandarian > 2013-12-20 15:52 | Report Abuse
Merry Xmas to all investor ~ market also go into holiday mood....So take time and enjoy holiday!