Posted by Mr. Jupiter > 2014-01-28 22:21 | Report Abuse

by this week should be confirmed deal?

Posted by Mr. Jupiter > 2014-01-28 22:23 | Report Abuse

shares transferred hand... tomorrow start push up

Posted by speakup > 2014-01-28 22:34 | Report Abuse

gpacket denied newspaper report, no wonder dropped today

Posted by speakup > 2014-01-28 22:36 | Report Abuse

gpacket forced to sell its HQ. bad bad. i remember last time another company forced to sell its HQ........ PATIMAS! we all know where Patimas is now. Gpacket is near.

Posted by mcbaomc > 2014-01-28 22:36 | Report Abuse

Be ready to fly. 1.5 day to go. TP 0.57 above

Posted by speakup > 2014-01-28 22:59 | Report Abuse

CC Puan is a nice guy, real humble guy.

Posted by Cheewaimeng12345 > 2014-01-28 23:07 | Report Abuse

Patimas sama story dont buy

Posted by me07024 > 2014-01-28 23:31 | Report Abuse

Sorry vampire. i dunno they will trade at that price, unexpected!!! nearly got trapped too--< what do you means actually? I just bought in at 0.455..:(

Posted by Vam Pire > 2014-01-28 23:32 | Report Abuse

i would say "buy" if u dare and got bullet, cant reveal much after this.
Good luck and gong xi fa cai :)

Posted by Vam Pire > 2014-01-28 23:33 | Report Abuse

pls do not expect easy contra gain..........dun get burn.

Posted by avucin > 2014-01-28 23:37 | Report Abuse

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1528609

some kind of denial...without saying the words...just "in our normal course of business"...haha

Posted by me07024 > 2014-01-28 23:39 | Report Abuse

so what is the TP? har?? burn kao kao ...

Posted by BuLLRam > 2014-01-28 23:39 | Report Abuse

Patimas n Tiger..goreng by the famous major s/holder...GPac-with assets, bandwidth etc.. worth > 1 bil but still unable to show a profit for many years cos of huge capital outlay needed..sooner or later, will be sold off or merged to remain viable..the Q is when is the sale of P1 or M&A??? despite the false starts.....theres always a risk to play on sale, M&A..at current low .40s..its ur risk to evaluate..cheers..

Posted by crab > 2014-01-29 00:19 | Report Abuse

i heard from TM's fren said that TM going implement LTE but they dont have LTE spectrum and P1 had it. this news is 80% accurate, my guess. And, GP just announced bonus today according to my gp's fren. :) enjoy ur ride..

Posted by Ratna NinjaGal > 2014-01-29 00:45 | Report Abuse

Ninja says neko ni koban
Literally: Gold coins to a cat.
Meaning: Some people can't appreciate things.
wakakaka

Posted by TailWagsDog > 2014-01-29 00:56 | Report Abuse

GP did not actually deny:
__________________________________________________________________

OTHERS Articles Relating To Possible Transactions Involving Green Packet Berhad's Subsidiary

GREEN PACKET BERHAD

Type Announcement
Subject OTHERS
Description Articles Relating To Possible Transactions Involving Green Packet Berhad's Subsidiary

We refer to the articles in The Star entitled “Green Packet shares up on M&A talk with DiGi, Telekom” and “P1 closer to M&A deal, Digi and TM seen as contenders”, both published on 28 January 2014.

The Company, in our normal course of business, constantly pursues collaborations and partnerships that can further our business strategy and maximise shareholder value.

Any discussion at this juncture is preliminary and if warranted by any material event or development, the relevant announcements will be made promptly in accordance with Main Market Listing Requirements.

This announcement is dated 28 January 2014.

Posted by smellytoes > 2014-01-29 08:10 | Report Abuse

With a bullish matching low pattern formed on 28/1/2013, gpackets prices may have bottomed out at least for the near term. Subsequent close higher with convincing volume will strengthen conviction of bullish reversal.

Posted by TailWagsDog > 2014-01-29 09:25 | Report Abuse

Hope u r right, Toes.
This kind of volume seems meaningless, unreal. Maybe just to attract attention.

Posted by arv18 > 2014-01-29 09:28 | Report Abuse

Nadya Ngui @ Starbiz trying to outdo Jordan Belfort (Wolf of Wall Street)

Posted by TailWagsDog > 2014-01-29 09:35 | Report Abuse

AHA, 3 higher lows! 435, 440, now 445

Posted by Qintian > 2014-01-29 09:41 | Report Abuse

AHA, small investor eat up the share price bit by bit, and the big hand throw out his share by 5K each.. if this share doesn't have good news at the end of the day, many people will stuck inside

Posted by jtpc2006 > 2014-01-29 10:03 | Report Abuse

Gpacket there is always talk of M&A then all hot air. How long this will happen...

Posted by TailWagsDog > 2014-01-29 10:03 | Report Abuse

HAH! higher lows confirmed.
Now, ACTION !!!

Posted by kendului > 2014-01-29 10:05 | Report Abuse

Tis time lai la

Posted by Qintian > 2014-01-29 10:14 | Report Abuse

Yah.. taiwags but the problem is now no ppl push up the price... only small small fish eating the top side... hopefully we get some mercy from the big hand don't throw out his 50k share at 1 time..

Posted by BuLLRam > 2014-01-29 10:26 | Report Abuse

interesting..looks like 100 mio vol agn today...

Posted by TailWagsDog > 2014-01-29 10:34 | Report Abuse

Dun just luk at sell vol alone la - very meaningless if just want to create vol to attract attention.

See also price & vol combinations. Buy rate today 90%.

Posted by Qintian > 2014-01-29 10:40 | Report Abuse

The problem is the big hand is throwing out endlessly.. that's why even the buy rate is high but still the share price remain..

Posted by clonewar > 2014-01-29 10:47 | Report Abuse

Keep buying and keep selling..

Posted by TailWagsDog > 2014-01-29 10:49 | Report Abuse

scare tactics

Posted by Qintian > 2014-01-29 11:21 | Report Abuse

another 20K on .455 on the go~

Posted by crab > 2014-01-29 11:29 | Report Abuse

big hand keep on throwing at 0.455.. zz

Posted by crab > 2014-01-29 11:30 | Report Abuse

after small user sapu then they throw again..

Posted by Qintian > 2014-01-29 11:31 | Report Abuse

exactly.. endless throwing.. really scary..350K volume itself on 0.455

Posted by rooney2u > 2014-01-29 11:33 | Report Abuse

sell or buy now?

Posted by crab > 2014-01-29 11:34 | Report Abuse

if big hand slowly throw at 0.46, 0.465, 0.47 and so on, it will push up the price right?

Posted by Qintian > 2014-01-29 11:38 | Report Abuse

good question rooney2u..but good question usually don't come with answer

Posted by GGmalaysia > 2014-01-29 11:40 | Report Abuse

lao sai stock.... better dump and collect it at 0.42

Posted by wanttowin > 2014-01-29 12:27 | Report Abuse

lao sai lai!!!!!!

Posted by speakup > 2014-01-29 14:28 | Report Abuse

i wont touch gpacket. price still very pricey, despite company huge loses.

Posted by felixlau13 > 2014-01-29 14:37 | Report Abuse

I’m giving my 2cent on this stock and hope that any sifu can enlighten me with any new idea or thinking. I’m new to stock market (just 4month exp) and GPacket is my 2nd stock purchased at a high price of 0.57(average).

So I been monitoring this stock for quite a while but starting from last week the buying pressure is ok with good volume to break the 0.51 barrier. After climb for 3day from 0.46 to 0.505, one would expected that it will drop back to 0.45 (3rd cycle) but as the price drop the buying is getting more stronger and closing for the week 0.495

Beginning this week due to DOW enormous plunge, almost all KLCI counter took a hit. On that day 27/01, GP drop with very massive volume but still the buying % still over 70 (who in the right mind will buy in???? I wonder). Then the next day 28/01, the news on a “possible M&A” comes out at TheStar. Hence, the people buying in should be a big whale or ppl interested in GP business.

Then the big puzzle comes when after an hour trading on the 28/01. We see big volume keep throwing to push the price down (with many ppl I saw stuck at 0.465). And this movement keep going until now and I feel that I will continue well till tomorrow before closing for CNY.

But what curious me is that buying percentage for 28/01 around 78% and as of now 74% with buying price at 0.455. Normally with BIG volume we will see price shoot up or down drastically. But this few days only maintaining there and this is led to few scenario:
1) A and B selling to each at “controlled” price and in between eat the “not so certain of GP future holder” share. (and maybe have other groups C, D, E, F etc….) This is possible because they already have loads of GP share collected from last week till 27/01 or even before last week.
2) Got “someone” or company want to lower down the price for GPacket to get a better negotiation deal on the ongoing M&A. Well GPacket now don’t have any money to support its own price so the price fate is on the “big willy” (I mean whale ok, not that willy).
3) The favourite scenario: Someone trying to offload “bad” GP share to the small fry, small fish, sucker, speculating idiot on the possible M&A news. (well I’m one of the speculating 1diot)

My stupid speculation for the M&A is soonest will be after CNY. If not around the quarter report coming out and last date is near closing on the financial year (middle of the year). If all not, then going PN17 or Puan CC put out a miracles.
The positives (yaya speculation speculation):
1) GP have sold the building for RM49mil so see what they will do with the newfound wealth.
2) GP will and need to think of someway to stay competitive because who will want to build a lousy company.
3) Puan CC has made many drastic changes to “improve” GP situation as reflected in the quarter report.
4) This year and next, Government have give green light for enhancement to telecommunication sector. Overall will help GP a bit.

So now about the risks:
1) The longer the M&A didn’t materialise, the short term player will be burn as the whale have more time to “control” the price wave.
2) If M&A didn’t happened, long term holder will lick their wound and fight another day.
3) Puan CC pack his bag and move on to his other project.

Is there any sifu that have encounter or known situation like this happened before or maybe GP will become a classic case study for the future.

Posted by arv18 > 2014-01-29 14:55 | Report Abuse

felix. this counter is NOT investment grade, like KNM. It is a trading vehicle if you so choose. that means you need to get familiar with support and resistance levels at a minimum. don't over think things. there is too much going on in the market, and by time you think you "learn" something, it has already been factored into the price. This advice is pretty much reserved for non-investment grade stocks you may/may-not choose to trade, like luster, priva, knm, gp etc etc.

btw, i do not claim any sifu status. many others here.

Posted by felixlau13 > 2014-01-29 14:55 | Report Abuse

Disclaimer: Above comment is not signal for buy or sell. I myself have 350lots GP share and not planning to load or unload at the moment. Now sitting there and enjoy the drama unfold. Well for good or worse.

Posted by arv18 > 2014-01-29 14:59 | Report Abuse

if you want to invest, you can start by looking at Pantech, Willowglen, NTPM then progress too Kossan, Harta, Public Bank etc..

Posted by arv18 > 2014-01-29 15:04 | Report Abuse

One stock trading at RM0.10 - below NTA RM0.13. Low/No debt. Making profit for last 6 Quarters - ES Ceramics.

Posted by felixlau13 > 2014-01-29 15:09 | Report Abuse

Thanks arv18. Currently, I use FA and news(not rumor) to consider to buy in a stock. Then seeing the TA to know when to go in and out.

I try to diversify my portfolio and GP is in my "high risk maybe high return" part of my portfolio which is account less than 20%.

Slowly I will spread out to look for other potential counter but we all know that time is always our enemy.

Posted by arv18 > 2014-01-29 15:13 | Report Abuse

No problem. Glad you didn't pay RM5.70 for GP back in the day. happy investing!

Posted by rooney2u > 2014-01-29 15:13 | Report Abuse

lao sai?

Posted by TailWagsDog > 2014-01-29 15:14 | Report Abuse

Don't try too hard to understand GP. Many sifus also cannot understand.
Trading is not natural, price is artificially suppressed, i think.

GP has a very valuable asset not reflected in price. If u buy, u hope that it will eventually come right in a sale of the asset or in a M&A.

Posted by arv18 > 2014-01-29 15:19 | Report Abuse

Btw, people very easily forget that GP is NOT packetOne. It only own 55% of P1 (55%-owned 4G unit).