GREEN PACKET BHD

KLSE (MYR): GPACKET (0082)

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Last Price

0.035

Today's Change

0.00 (0.00%)

Day's Change

0.035 - 0.035

Trading Volume

1,928,500


31 people like this.

24,897 comment(s). Last comment by Zrenxy 1 week ago

AiryA

110 posts

Posted by AiryA > 2014-01-30 12:52 | Report Abuse

i am not a gambler - if i want to gamble on this one what price should i enter ;p

pandarian

131 posts

Posted by pandarian > 2014-01-30 12:53 | Report Abuse

Follow their style they goreng we run

necro

4,726 posts

Posted by necro > 2014-01-30 13:15 | Report Abuse

Jangan those shark run korang kena goreng sudah....wakakakaka!!!!.....

Duitbesar

915 posts

Posted by Duitbesar > 2014-01-30 13:22 | Report Abuse

Manyak jadi lembu main ini saham. Surat khabar lama cakap sudah jual sama digi manyak tipu. Sudah kena 10 kali. Gua baca ada cakap dia untung main ini saham, dia coverline tak mau malu mah. Kakakaka.

Posted by buffetthe2nd > 2014-01-30 13:55 | Report Abuse

reporter also buy stock...some time the media also got pay to write news

pdtan

608 posts

Posted by pdtan > 2014-01-30 14:04 | Report Abuse

#6 "....If the company so good why Puan Chan Cheong want to sell?..."
If we continue to think in this line, all the inheritance from our grandfather will be gone in no time--- will be in the pockets of the likes of CORPORATE FCUKERS like M.D n Setiawan Hokchew. Those who think like this should NOT (for their grand father's sake) dabble AT ALL at the KLSE.......this IS a crocodile dan...with some PAID fools as corporate watchdogs in the form of SC....only Malaysians like you and me can stomach and tolerate scandals like this in GP...

Posted by TrendingBull > 2014-01-30 14:50 | Report Abuse

Pdtan.... mad monk

lotusf1

1,159 posts

Posted by lotusf1 > 2014-01-30 15:57 | Report Abuse

She needs money fr cny ang pwlah...

ruslimz

1,613 posts

Posted by ruslimz > 2014-01-30 15:58 | Report Abuse

why many failed in stock markets.......because many trade with heart.....not brain......

optimus2

129 posts

Posted by optimus2 > 2014-01-30 16:01 | Report Abuse

They trade with butt la

Duitbesar

915 posts

Posted by Duitbesar > 2014-01-30 16:04 |

Post removed.Why?

Mark T Bird

1,444 posts

Posted by Mark T Bird > 2014-01-30 22:11 | Report Abuse

Sounds like a cheater to me :-)

anbz

5,163 posts

Posted by anbz > 2014-01-31 01:15 | Report Abuse

Posted by speakup > Jan 30, 2014 09:36 AM | Report Abuse

i believe the Star newspaper article about P1 sale was to help CC Puan to dispose this shares to retailers.
----

well...i read The Star almost everyday...for biz news...every quarter ...every year...every time Gpacket makes losses...The Star will unbelievably praise Gpacket amid losses top-upped again and again !!!

so speakup...your belief is not just a belief...it is a fact well known!!!

anbz

5,163 posts

Posted by anbz > 2014-01-31 01:18 | Report Abuse

but however pessimistic i am ... i'm quite interested with pdtan comment:

Posted by pdtan > Jan 30, 2014 12:34 PM | Report Abuse

#4 This is very very rare occasion that it is WORTH to be a gambler ('s oppurtunity)-------small loss (0.20) but big gain ($1.20)

---

so just want to ask pdtan...can u please explain in detail to us as how we can make a profit of RM 1.20 ? if u will? please

Duitbesar

915 posts

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

Suratkhabar sssiiiaaaalll thestar kata gpacket kena beli digi lah, tm lah dah cerita basi bertahun dah. Sekarang ni pulak nak takutkan pelabur kata overheating pulak! Amboi2, cakap sajalah nak sapu bersih saham2 kemudian keluar pulak berita kata masa ini paling baik labur untuk dia buang air besar kat korang. Ginilah, beli masa murah jual mas mahal. Dalam 2 minggu ini dia nak lonjakkan saham2. So pandai2lah cari duit besar sebelum menjunam lagi.

Stockman

684 posts

Posted by Stockman > 2014-01-31 02:47 | Report Abuse

Better sell GP to avoid loss lol

Madam YS

6,888 posts

Posted by Madam YS > 2014-01-31 10:07 | Report Abuse

setuju dengan abang duitbesar, 2 hari sudah tessa pun ada cakap gpacket overselling hehehe

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-01-31 12:26 | Report Abuse

Is time to accumulate GP......fundamental company still ok. Revenue increase every year and loss reduce every year....Do yr own research and not to follow others comment. Next support at 0.38 cent and 0.35 cent.

warris

141 posts

Posted by warris > 2014-01-31 14:30 | Report Abuse

Noted

zu1967

3,791 posts

Posted by zu1967 > 2014-01-31 15:54 | Report Abuse

Risk Trader.
I have gone thru the financial statement of Gpacket and I tend to agree with you that the fundamental of the company is very strong. its revenue has been on the raising trend with positive cash inlow. The company declared loss basically mainly due to depreciation on plant and machinery. of which the company provides 25% to 33% per year. With the disposal of its main building, the company can generate cash inflow of RM50 Mil. Why the company disposed its main building? Probably they do not need the building anymore as other company may want to acquire Gpacket. who were the major shareholders of Gpacket as of Dec 2012? They are Green Packet Holding LTD 223,878,339 (32.65%) and OSK Technologies Sdn Bhd 120,904,275 (17.63%). After disposal by the major shareholder recently, Green Packet Holding LTD currently owns 141,000,000 shares. off market deal 44 Mil was sold at RM0.40 and the balance was transacted above RM0.45. WHO ARE THE NEW BUYER? why he or she wants to buy the shares? if the company is going to be bad why OSK group did not dispose its shares. probably OSK group is not smart or not professional that why it still keep its shares. with the disposal of 81 mil shares. PUAN is no longer the powerful shareholder. eventhough PUAN and the gang are still major shareholder. Technically, retailers will keep disposing the shares nextweek but the big guy will be collecting as the purchase was initially done at a price above RM0.40. As such, soon or later the price of Gpacket will go up again. The real lose will be retailers who always buy high sell low






l,,,5
40 sen.

Posted by TailWagsDog > 2014-01-31 16:26 | Report Abuse

very good, zu1967. at least u try to make sense of the whole thing. i also think price pushed down for others to collect. for sure, everything is pre-arranged.

Another puzzle for u - why is cc puan selling now? i think he has been working very hard on the m&a. why is he selling when the company is undervalued and things will get better?

how much more of the 224m shares do u think cc puan has to sell? he cannot be selling EVERYTHING, can he? it doesn't make sense.

but retailers now scared shitless.

zu1967

3,791 posts

Posted by zu1967 > 2014-01-31 17:44 | Report Abuse

TailwagsDog.
He will never sell everything. of course he will keep some. at 18 t0 19% shareholdings, anytime new major shareholder will emerge. Do u think the shares were transacted at 40 sen? Malaysia Boleh. He is only willing to sell P1 at RM1 billion and then suddenly the shares were transacted at 40 to 50 sen.for me it is Not logic. why they change accounting period to 18 months for 2013. Now the account for 2013 will close on 30/6/2014 instead of 31/12/2013. pls go thru the audited the company is generating cash everyear. check its cashflow statement. it is cash making machine company. The company declared loss because of depreciation whereby its assets plant and machinery were written off within less than 4 years. Tabung haji is also one of the major shareholders.

pdtan

608 posts

Posted by pdtan > 2014-01-31 17:56 | Report Abuse

#7/10 Some disclosed facts......

Puan Chan Cheong
Address : No. 2A, Villa BovelinLorong Awan CinaTaman YARL (off Old Klang Road)58200 Kuala LumpurWilayah Persekutuan

Date of Change No of shares Price Transacted(RM) Transaction type
27/01/2014 23,318,800.000 0.000 Disposed
28/01/2014 59,559,539.000 0.000 Disposed
--------------------------------------------------------------------------------------------------------


-----------------------------------------------------------------------------------------------------
The purpose for the share sale by Group MD/CEO, Puan Chan Cheong (“Puan”), is to consolidate his finances and manage his personal wealth portfolio. Puan remains to be the largest individual investor in The Group after the share sale, and had reiterated his strong belief in the company’s future and steadfast commitment to lead the company’s growth strategy---------------------------------------------------------------------------------------------------------

http://www.theedgemalaysia.com/personal-finance/147792-success-according-to-puan-chan-cheong.html

"........Despite almost losing all his fortune twice.............."

rlch

4,142 posts

Posted by rlch > 2014-01-31 18:07 | Report Abuse

People complain China stocks not good because no dividend. When can Green Packet give me dividend?

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-01-31 18:29 | Report Abuse

I'm very confident that GP will rebound to 0.45 cent and above next week. Yesterday bought 50 lot at 0.39 cent.

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-01-31 18:55 | Report Abuse

Don't miss boat.....GP will fly high soon. Takeover by big telco

Posted by swingtrader > 2014-01-31 19:18 | Report Abuse

Risk trader. Panic retailers will sell first in the early tuesday morning. Got bullet can buy more. I am buying 1000 lots q 35 to 39. Wait for rebound. Sure make money. Sell towards 50 sen and 60 sen.

zu1967

3,791 posts

Posted by zu1967 > 2014-01-31 19:25 | Report Abuse

Swingtrader. U ada buy also? Gua also mahu buy this coming tuesday.

Posted by swingtrader > 2014-01-31 19:28 | Report Abuse

Zu1967. I did buy last thursday but small amount only. This tuesday buy more. Trust me buy on downward in stages

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-01-31 19:37 | Report Abuse

I just bought only 10% from my free cash. I have another 90% to buy GP if GP price down every 5 cent.

Posted by swingtrader > 2014-01-31 19:39 | Report Abuse

Risk trader. Reserve yr bullet. Buy downward not one shot.

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-01-31 19:59 | Report Abuse

Yes. I just 50 lot if price down 5 cent. I don't think price GP will fall below 0.30 cent unless our klci down 100 point

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-01-31 20:04 | Report Abuse

Method dollar cost averaging must be use for solid counter.

Posted by swingtrader > 2014-01-31 20:34 | Report Abuse

Let ride the storm and make money long the way. Be contration. We enter when people run. We sell when we people in. Hopefully gpacket will be my money machine just like pmcorp. Let me read the chart. Always keep reserve. At this moment. Tecnically there is no indication blood will stop. So use 10% to 20% of our reserve for this coming tuesday. Good luck bro. Keep in touch and let make money together.

Siva68

1,858 posts

Posted by Siva68 > 2014-01-31 20:52 | Report Abuse

Hi, any idea why the company has been making lost since 2008. Will there be a turn around for this counter in near term with profitable margin? What should a reasonable TP be instead of the average 0.80 stated?

zu1967

3,791 posts

Posted by zu1967 > 2014-01-31 21:12 | Report Abuse

Siva68. Gpacket will not make money on paper as long they keep building its infrastructure and its asset. Why. Because the company provided high depreciation on its assets. Based on its financial. Its plant and machinery will be zero by year 4. But the assets still produce after yr 4. If it is acceptable to inland revenue. Capital allowance will be also high then the company may not need to declare taxable profit. So save income tax. Once its infrastructure completes and provision for depreciation also completes. The company will make ton of money. At the present of time. Eventhough the company declares loss on paper. In reality the company is generating cash inflow from its operation with increasing revenue. Pls read its financial and quarterly report. Pls read its cashflow statement.

zu1967

3,791 posts

Posted by zu1967 > 2014-01-31 21:15 | Report Abuse

Siva68. This is called hidden asset company. That why eventhough its nta is only 13 sen. Its share value is much higher.

sheep

3,852 posts

Posted by sheep > 2014-01-31 21:47 | Report Abuse

cc still selling and his cronies still promoting prompting you to collect.
beware.
sudden rebounce is an opportunity for him to sell more and more.
i wait for few days more to c how many shares cc has sold.

Siva68

1,858 posts

Posted by Siva68 > 2014-01-31 21:54 | Report Abuse

Thanks zu1967 for the explanation.

zu1967

3,791 posts

Posted by zu1967 > 2014-01-31 21:56 | Report Abuse

sheep. 1 am not his cronies. I am giving knowledge here. pls get your professional friend to advise u. I am giving free info. not to ask u to buy or sell. I am an accountant. Get your accountant friend to read the financial report.

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-01-31 22:38 | Report Abuse

Zul. Your fact is true and correct. That y i bought 50 lot this counter yesterday once the price fall below 0.40 cent because the fundamental GP is good for long term investment.The fair value for GP is more then rm0.60 cent.

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-01-31 22:48 | Report Abuse

Next week i will buy another 50 lot if the price fall to 0.34 cent or buy more lot if price up to 0.45 cent to accumulate the holding. My TP to sell is above 0.60 cent.

anbz

5,163 posts

Posted by anbz > 2014-01-31 23:32 | Report Abuse

this is the first time i see risk trader talks a lot lot...must be holding big number huh? hehe...i think now is the most riskiest trading ever for risk trader...never heard risk trader talks a lot about fundamental...this is the first time!!!!

anbz

5,163 posts

Posted by anbz > 2014-01-31 23:35 | Report Abuse

risk trader ...u might be right...but under 20 cents may just come around the corner!!!

anbz

5,163 posts

Posted by anbz > 2014-01-31 23:46 | Report Abuse

Date------------Open---------Range--------Close----Change------------Volume
30/01/2014----0.420-----0.385-0.440-----0.390.....-0.055(12.36%)--68,351,000
29/01/2014----0.455-----0.440-0.460-----0.445.....-0.005(1.11%)----90,247,000
28/01/2014----0.465-----0.440-0.475-----0.450.....0.00(0.00%)------105,420,500
27/01/2014----0.480-----0.435-0.510-----0.450.....-0.045(9.09%)---42,937,900
24/01/2014----0.485-----0.480-0.495-----0.495.....0.00(0.00%)------3,019,600
23/01/2014----0.515-----0.480-0.515-----0.495.....-0.01(1.98%)-----6,549,500
22/01/2014----0.505-----0.495-0.515-----0.505.....+0.01(2.02%)----17,050,100

sorry to differ...what i see is a REAL DISPOSAL...and more forced selling plus pressured selling will come...but anything may happen so ...good luck

zu1967

3,791 posts

Posted by zu1967 > 2014-02-01 00:15 | Report Abuse

ANBZ. I am hoping it goes below 20 sen. But I don't think so. I am putting 80% of my fund at price of RM30 sen. whatever it is. I am buying next week. will follow risk trader and swingtrader. Tuesday morning, I am hoping it goes down so as I can buy. But do not know whether OSK and Tabung Haji will allow me to buy at low price.

anbz

5,163 posts

Posted by anbz > 2014-02-01 00:29 | Report Abuse

man u got so much money...just be careful ...if u has calculate the risk and know the minimum profit u may make..then good for u...but please ..don't gamble...PUAN is real sucker ..a bastard..that always talks great over the years

i see here many new guys posting comments in this thread...must be the retailers that are buying most...a sign

zu1967

3,791 posts

Posted by zu1967 > 2014-02-01 01:30 | Report Abuse

Dont worry anbz. I know what i am doing.

Posted by TailWagsDog > 2014-02-01 06:02 | Report Abuse

Vamp, u think there will be any more selling by CC next week?
The last price drop may have triggered margin calls. Unless CC stops, price will go down somemore. U think he will sell everything?

Risk Trader

3,942 posts

Posted by Risk Trader > 2014-02-01 09:01 | Report Abuse

Don't worry Anbz. I just bought GP only 10% from my reserve fund. I have another 90% to buy at lowest price until below 0.20 cent. Max fund allocation for GP is only 20% from my fund size for high risk investment. 80% is for low risk investment with profitable company.

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