No sign bleeding will stop at the moment.but probably technical rebound on tuesday afternoon. Massive selling in the early trade before it starts to recover.
Gpacket has been incurring big losses every single quarter for years! It is a potential PN17 company. Dont average down, cut loss! Same thing can be said for Xox.
Speakup. Dont think so bro. The company is generating cash inflow bro. Let take a classic example. Kemanyam group used to make ton of profit but the company failed as it has cashflow problem. Its profit tied up to property and land bank. It could not move without cash.
Let me highlight some facts base on 30/9/13 financials...current assets =279 mil, current liabilities=473 mil...working capital shortfall ..+/- 194 mil..deterioration in cash & cash equivalent. The company appears to be facing a cash crunch!
even KNM is better than gpacket. gpacket has incurred losses every single quarter since 2008! knm last loss was in 2011 and has been profitable every quarter since then.
HCLee and speakup, you are right,. sell call now PN17 soon. OSK group they are so stupid not well educated They should dispose their shares. Tabung Haji also so stupid. Both of them should dispose their shares. The new investors who bought 44 million share at 40 sen lagi stupid. He should buy from open market next week. sell sell sell
The disturbing question is still why puan sell his shares? Financial datas is historical but what he knows that we don't is the key to our decision. If he sells and we buy make sense then buy at your own perils
questions should be asked? why Gpacket sold its main building? Why Gpacket changed its financial closing to 30/6/2014? Why the news reported that p1 deals to be finalised soon? Why Puan via its company sold 82 mil shares? Why the new party bought 44 Mil shares at RM0.40 sen? How Gpacket is going to pay Intel for work done over RM300 Mil? When Gpacket is going to complete its infrastructure works? With Puan's holding around 19% in Gpacket and OSK's holdings around 18%, is there any possibility that new party will take over the company? ultimately will own P1 can Gpacket share price will be push down to 30 cents next week?
actually, i don't understand why the buy rate topped 70% for the whole week despite the price falling from 0.50 to 0.39. and also despite knowing the disposal of 83mil shares by the ceo. anyone can explain this??
He raised a billion at the peak and burn throughout it. At the end he wasted his 10 years life in pursuing something that doesn't bear fruits.
If you ask him, he has another billion I am sure he will do something else like property where he could have earned another billion for the same period.
Next week we may know the direction of the company. either it is going to be bad or not. Since a quite no of big players is involved. if the share price keeps going down the game is over. if somebody keeps buying the shares or supporting the share price at certain level. then what has been reported by the star might be true.
HA HA Same old story!!!! Owners dumped shares & play their game & poor we suffer...same as Hevea & Instacom (warrants).....GP will be sold down to TP (only the directors will know 0.20,0.30,0.35 ??????). Don't catch a falling knife!! Wait for chance to do " HIT & RUN" at most.
my guess is the next bad financial results will come around 1 month...now nta=13 cents...may just get to 3 cents nta...very easy to derive this kind of expectation based on the history of miserably puan the confident con man..and helped by The Star..every year
if u give injection so as the nta of gpacket increases to 40 cents...and give them chance 5 more years to perform...i still think the nta will be negative then
zu...may i explain/guess to your question on why some big buying was happening in the trading?
one way to dispose in big quantity and at the same time the price wouldn't reduce so much is by buying at the same time..so as to build perception that the shares are in big demand....while the brokerage fee can negotiated to be almost zero....who else...OSK
Ini saham milek samseng terbesar OSK, dia boleh buat nampak volume besar punya. Pakar buat silap mata mah. Korang ingat korang hebat ke? Masih sanggup kena kencing!
anbz...I agree ...the same as Hevea when 1,549,500 shares changed hand on 28/01/14 and price down 2 cents to 1.05 ( range=1.04-1.07)...volume drops next 2 days before CNY but price increases to 1.06...it will be interesting to see what happen on T3 and T4...Hehe ...(be alert to shooting) 02/02/2014 15:44
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....
Madam YS
6,888 posts
Posted by Madam YS > 2014-02-01 09:09 | Report Abuse
harga bolih jatuh lagi ke?