1.5sen interim dividend ex-date on this wednesday. tomorrow is the last day to buy if u want the dividend... now, 87.5sen.... minus 1.5sen div receivable= 86sen net haha

Fallen unreasonablly big recently. It is expected to rebound fast too :)


Date Close
03/04/2020 0.855
02/04/2020 0.86
01/04/2020 0.87
31/03/2020 0.85
30/03/2020 0.845
27/03/2020 0.88
26/03/2020 0.845
25/03/2020 0.83
24/03/2020 0.835
23/03/2020 0.71
20/03/2020 0.73
19/03/2020 0.71
18/03/2020 0.83
17/03/2020 0.865
16/03/2020 0.90
13/03/2020 0.98
12/03/2020 1.00
11/03/2020 1.08
10/03/2020 1.06
09/03/2020 1.07

Astro Malaysia Holdings Berhad - Earnings Lifted by Lower Opex
Date: 26/03/2020

Source : PUBLIC BANK
Stock : ASTRO Price Target : 1.80 | Price Call : BUY
Last Price : 0.87 | Upside/Downside : +0.93 (106.90%)

Back

Astro continues to face a decline in TV subscription revenue with full year FY20 revenue came in at RM4.9bn, down 10.3% YoY. However, Astro posted a full year net profit of RM655.3m (+39.8% YoY), mainly attributable to lower content costs as FY19 was a major sporting year, as well as lower operating expenses thanks to its on-going cost optimisation efforts. After adjusting for the unrealized forex loss of RM1m, FY20 core net profit came in at RM656.3m. Full year earnings were within ours and consensus’ estimates, accounting for 98% and 96% of FY20F respectively. However, given the uncertainties due to Covid-19 pandemic, we lowered our earnings forecast for FY21-22F by 6%-16% to account for the decline in subscription revenue and lower adex expenditure on weaker consumer sentiment. Furthermore, we are expecting an uptick in Astro’s content cost due to the weakening MYR against the greenback. As such, our DCF derived TP is revised downwards to RM1.80. (RM2.00 previously). Despite the challenging operating environment faced by media industry, we reiterate our Outperform call due to its attractive valuation. Astro is currently trading at a depressed valuation of below -3 SD (Figure 1) while dividend yield remains appealing at 9.3% p.a.

4QFY20 revenue declined mainly dragged by the lower contribution from TV and Radio segment. Pay TV ARPU increased marginally to RM100 from RM99.90. TV segment revenue continued to slide by 11.9% YoY to RM1,048m underpinned by the decline in subscription revenue, production revenue, sales of programming rights and advertising revenue. As for its Radio segment, revenue was lower by 3.4% to RM77m due to lower adex spend. Meanwhile, its Home shopping segment revenue grew marginally by 1.6% YoY to RM100.4m due to festive spending. Tactical campaigns saw Astro’s Go Shop registered customer base grew to 2.2m users.
EBITDA margin continues to show improvement. EBITDA margin (FY20: 35% vs FY19: 29%) improved on the back of lower content cost with the absence of a major sporting event, lower staff related costs as well as marketing and distribution expenses.
Lower dividend payout. Astro declared a 4th interim dividend of 1.5 sen, thus bringing the total dividend declared to 7.5 sen (FY19: 9 sen). Management decided to reduce the dividend payout to conserve cash to ride out the challenges created by the Covid-19 pandemic. Nevertheless, we understand that the group is only taking a conservative approach. Given the group’s ability to generate FCF, we believe Astro is able to maintain its minimum 75% payout dividend policy in FY22-23F. However, our FY21F DPS forecast is based on a lower payout of 65%, which still provides an attractive yield of 9.3%.
Maintain Outperform. We adjusted down our FY21-22F earnings by 6%-16% as we incorporate lower TV subscription revenue and higher content cost for FY22F given both the major sporting events (UEFA Euro and Olympics) have been postponed to 2021. Consequently, our TP has been revised down to RM1.80 (from RM2.00 previously) but we maintain our Outperform call on Astro. Given that Astro’s share price has fallen sharply by 39% to an all-time low since the release of its previous quarterly result, we opine that the stock’s valuation looks appealing, trading at 7x forward PER, which is below its -3SD of 5-year average.
Moving forward, while we remain prudent over the unprecedented challenge created by the pandemic, we continue to like Astro due to its on-going cost optimisation efforts and its ability to leverage on existing customer base to build new revenue adjacencies in its home-shopping, broadband, digital and OTT platforms. Furthermore, the group remains committed to expand its existing content library (local vernacular and international content) to further strengthen its position as Malaysia’s entertainment destination of choice.
Source: PublicInvest Research - 26 Mar 2020

previously, there was talk that ananda would privatise it... i think, now is the best time to do it.. it is possible, fingers crossed

EPF started buying astro again, a good sign

households will keep astro... go to cinemas less often from now

ROE is 76.6% now. PE 6.92..... PE should be at least 15. So, 87 x 15/6.92 ~ RM1.88+ for the offer price, just a rough estimate :) good luck if any


@laychee If privatise, how much will the offer price be?

Privatisation is possible as ROE is super high. Astro doesn't need your money.
06/04/2020 2:15 PM

interim div dah mau mari... jangan jual sekarang :)


ASTRO - Notice of Book Closure
ASTRO - Notice of Book ClosureILC-26032020-00001Fourth Interim Single-Tier Dividend of 1.5 sen per share for the financial yearended 31 January 2020. Kindly be advised of the following : 1) The aboveCompany's securities will be traded and quoted "Ex - Dividend? as from: 8 Apr2020 2) The last date of lodgment : 9 Apr 2020 3) Date Payable : 24 Apr 2020Remarks: The Board does not recommend any final dividends to be paid for thefinancial year ended 31 January 2020. Total dividend declared in respect ofthe financial year ended 31 January 2020 amounts to 7.5 sen, equating to a 60%dividend payout ratio. For comparative purposes, total dividend declared inrespect of the financial year ended 31 January 2019 amounted to 9.0 sen,equating to a 101% dividend payout ratio. This represents a departure fromAMH's dividend policy of paying out at least 75% of consolidated profits forthe financial year provided that such distribution will not be detrimental toour Group's cash requirements, or to any plans approved by our Board. Givenunprecedented levels of uncertainty and volatility globally stemming from theCovid-19 pandemic, the Board believes this prudent approach is the best courseof action, allowing for liquidity to be conserved and our Group's balance sheetto be strengthened. The Board and Management are closely monitoring andproactively managing the COVID-19 situation, and its corresponding impact tobusiness and operations.MANAGER, REF. DATA MANAGEMENTYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


26/03/2020 07:00 AM


Ref Code: 202003265100052

Easily go back to rm1 this month :)

Ananda might privatise it now . PE 6+, div yield 8%+

less people go to cinema, more people watch astro at home :)

new ceo too :)

[ASTRO] Group Chief Executive Officer - MR HENRY TAN POH HOCK on 01-Apr-2020
Stock [ASTRO]: ASTRO MALAYSIA HOLDINGS BHD
Announcement Date 01-Apr-2020
Principal Officer Information:
Date of Change 01-Apr-2020
Type of Change Others
Designation Group Chief Executive Officer
Name MR HENRY TAN POH HOCK
Age 56
Gender Male
Nationality Malaysia
Working Experience Henry has held various responsibilities in the Astro Group. Prior to his appointment as the Chief Executive Officer of Astro, he held the positions of Group Chief Content & Consumer Officer and Chief Operating Officer. He is currently the Chairman of Go Shop, Astro's home shopping platform.
He played a key role in introducing Malaysians to high definition (HD) with Astro B.yond and launching the first free satellite multichannel service, NJOI. He raised the bar on storytelling and championed vernacular and Asian originals, from film to TV to digital, to ensure consumer relevance, reach and engagement. He has pioneered many firsts including Malaysia's first free academic learning channels, Tutor TV, Astro First, cinema in your home service, eGG Network, the first regional eSports channel, Boo, the first Asian horror channel, and local Hua Hee Hokkien entertainment and Malay "Lawak" comedy brands.
He focused on creating digital content experiences for Astro's customers via Gempak, Xuan, Ulagam, Zayan, Awani, Stadium Astro and was also responsible for the group's airtime sales. Henry believes in the potential of Malaysian movies and was instrumental in the success of The Journey, OlaBola, Hantu Kak Limah, Paskal, Abang Long Fadil and Polis Evo.
Henry was previously the Chief Executive Officer of Mindshare Malaysia and GroupM (Malaysia and Singapore) and prior to that, he held the position of the Media Director, Ogilvy & Mather and General Manager, HVD Entertainment.
Family Relationship None
Conflict of Interest None
Interest He holds 1,863,500 ordinary shares in Astro Malaysia Holdings Berhad ("AMH") representing 0.036% of the total issued shares in AMH.

good, epf started buying again :)

[ASTRO] Change In Substantial Shareholder's Shareholding - EMPLOYEES PROVIDENT FUND BOARD ("EPF") on 03-Apr-2020
Stock [ASTRO]: ASTRO MALAYSIA HOLDINGS BHD
Announcement Date 03-Apr-2020
Substantial Shareholder's Particular:
Name EMPLOYEES PROVIDENT FUND BOARD ("EPF")
Details of Changes:
Currency -
Date of Change Type Number of Shares
31-Mar-2020 Acquired 500,000
Registered Name Citigroup Nominees (Tempatan) Sdn Bhd for Employees Provident Fund Board
Nature of Interest Direct Interest
Nature of Interest Direct Interest
Shares Ordinary Shares in Astro Malaysia Holdings Berhad ("AMH Shares")
Reason Acquisition of Shares
Total no of securities after change
Direct (units) 437,832,400
Direct (%) 8.40
Indirect (units) 0
Indirect (%) 0.00
Total (units) 437,832,400
Total (%) 8.40
Date of Notice 31-Mar-2020

Other stocks also fell like waterfall.... be patient :)


@Alfonso hollanf lah sohang calvin jiao!
03/04/2020 3:39 PM

:)

Tuesday, 17 Mar 2020

5:26PM TALAMT Financial year end net profit 24.590 million

Kendall has the means to increase its stake in GP.... :)

Kendall Court started in 2004. The 3 founding partners were the only employees of the firm. At the end of 2017, we have deployed, invested and managed over US$500 million across Southeast Asia. We started with assets under management of US$35 million. We have a presence in Indonesia, Singapore, Philippines and Malaysia. We have won several key industry and regional awards for our investments, operations and performance.

Kendall Court focuses its activities in the private equity space. We are a long-term investor and our capital is privately sourced. Our existing funds and managed accounts focus on investing in hybrid securities ranging from straight debt, convertible bonds, preference shares and straight equity. We are a growth capital provider, first and foremost. In line with our drive, our ultimate and primary purpose in investing is to contribute to the development and betterment of society, within our circle of influence. We care a lot about risk adjusted returns and recognize that the best investing structure is to attain equity returns with debt like risk. We will actively assist our investees but the fundamental premise is work alongside good solid management be it sponsors or employees and grow together.

We believe that capital, when employed wisely through business, plays an instrumental role (if not the most instrumental in certain cases) in developing people, markets and economies. A rising tide lifts all boats, and the tide is raised by capital. Our capital has to be sustainable, however. And that means that we will always still be engaged in the profit motive because Kendall Court and our investors need to be sustained through our profits. To sum up, we borrow a line from Paul Krugman, the 2008 Nobel laureate in Economics, who states, "You could say – and I would – that globalization, driven not by human goodness but by the profit motive, has done far more good for far more people than all the foreign aid and soft loans ever provided by well-intentioned governments and international agencies.”

Each gpacket share also includes about 27sen of G3 shares. at 49sen now, gp share is only 22sen after excluding G3 share in it. No wonder, Kendall court paid 85sen for gp share in Feb 2020 recently.

Good buy now.

Private placement for about 10% of GP's authorised shares should be at least 85sen later this year. Otherwise, kendall court would not agree.


Hopefully, kendall court increases its stake in GP to 20% from 10%+ now by buying from the open market now to lower its weighted average cost per GP share.


Happy investing!

Cash call from shareholders via right issue plus loan from the govt like SIA, Singapore? Very likely

KUALA LUMPUR: Nations around the world have formulated huge relief packages for their aviation industry as the Covid-19 pandemic and the ensuing government lockdowns cripple air travel, both domestically and internationally.

These packages include grants, financing, guarantees, waivers and refunds to industry players, from airlines to airports, manufacturers and support services.

The sudden halt in air travelling worldwide is unprecedented, and that will mean zero revenue as aircraft are grounded at parking bays for weeks.

According to the International Air Transport Association, the global airline industry needs aid of up to US$200 billion (RM872 billion) to make it through the pandemic, adding that the industry could post a net loss of US$39 billion in the second quarter of 2020 alone.

The association, which represents 290 airlines globally, has said that only 30 airlines have the balance sheets to survive a prolonged slash in demand.

The biggest assistance so far comes from the US, which has pledged a massive US$58 billion assistance for the industry, as part of a wider US$2 trillion economic stimulus package to address the impact of the pandemic. The sizeable financial aids include some US$29 billion of grants to support employees’ payroll.

Nearer to home across the causeway, the Singapore government, via its sovereign wealth fund Temasek Holdings Pte Ltd, has agreed to underwrite the fundraising by 55%-owned Singapore Airlines (SIA) to raise S$19 billion (RM57.86 billion) via a S$15 billion cash call and loans of S$4 billion.

The Singapore government has also announced a S$750 million aid for the industry comprising salary subsidies and other rebates.

Packages by other countries are not as towering, but huge nonetheless. The big spending gap between the US and Singapore with other countries is probably due to the importance of the aviation industry for both economies.

For Singapore, its Changi Airport and the flagship carrier SIA form the backbone of the island state’s positioning as an aviation hub in the Asean region, hosting among the busiest airport and air cargo hubs in Asia.

Taiwan media reported that the country’s deputy minister of transport is expected to provide subsidies and loans amounting to NT$30 billion (RM4.33 billion), although this has yet to be formalised.

Meanwhile, data also shows that governments’ priority of support is given to national carriers.

Finland has pledged to provide up to €600 million (RM2.86 billion) loan guarantee to airline Finnair, which is 56% owned by the Finnish government.

Norway’s government has pledged to provide loan guarantees of up to six billion Norwegian kroner (RM2.54 billion), half of which will be for Norwegian Air Shuttle ASA.

Meanwhile, the governments of Sweden and Denmark are offering credit guarantees worth three billion Swedish kronor (RM1.31 billion) to troubled Scandinavian Airlines, in which the two governments together own an almost 30% stake.

New Zealand, on the other hand, will provide loans of up to NZ$900 million (RM2.34 billion) to Air New Zealand. Australia, meanwhile, will allow A$715 million (RM1.9 billion) in refunds and waivers for its aviation industry.

South Korea has also released a plan to support the aviation industry with up to 300 billion won (RM1.06 billion) in loans and deferred airport charges.

Other countries have also stepped forward. China, for one, has underlined 16 measures to support the country’s aviation industry, but has not quantified the value involved. For France, the European Commission has allowed deferring some aeronautical charges for up to two years.

Others like the United Arab Emirates, the UK, and Japan have also pledged support, but have yet to come out with the details of their aid packages.

The Covid-19 pandemic, which has impacted the wider economy, has brought airlines to their knees as planes are grounded in absence of passengers and as nations close their borders to contain the outbreak.

Industry players in numerous countries, from Qatar to Thailand and even Kenya, have called for government help as cash flow gets stuck and the entire industry braces for huge losses ahead.

Even the biggest players in the game like manufacturer Boeing Co and airline Emirates are not spared, with the former seeking up to US$60 billion in aid prior to the US government’s stimulus package announcement.

Back home, Malaysia Airlines Bhd, owned by Khazanah Nasional Bhd, would require an injection of an estimated RM1 billion per year to be propped up during the normal days.

AirAsia Group is in talks with the government for loans, said its co-founder Tan Sri Tony Fernandes.

Grab some and put aside :)

Green Packet Bhd saw 47.2 million shares, or a 5.1% stake, worth RM40.36 million change hands, Bloomberg data shows.

Filings with Bursa show that on Feb 19, Summit Synergy Ltd acquired 35 million Green Packet shares for 85 sen apiece, or a total transaction value of RM29.75 million. This brought its stake in the company to 100 million shares, or a 10.8% stake. Summit Synergy is the vehicle of Singapore-based private equity firm Kendall Court.

On Feb 10, Green Packet announced that its subsidiary Kiplepay Sdn Bhd had become the first fintech player in Malaysia to provide a white-labelled e-wallet solution with Bank Negara Malaysia’s approval.

GP's issued shares~935mil.

Gp shareholders will get G3 shares worth this value if GP returns all G3 shares: RM212mil/ 935mil ~ 27sen per gp share




****

G3's market capitalisation~rm749mil.

GP has 132.16mil shares in G3, 132.16mil X rm1.60~rm212mil.

Hope GP will distribute G3 shares to ITS existing shareholders soon

G3's market capitalisation~rm749mil.

GP has 132.16mil shares in G3, 132.16mil X rm1.60~rm212mil.

Hope GP will distribute G3 shares to ITS existing shareholders soon

KENDALL COURT MADAM LIMITED could sapu more shares from the open market too. Acquired a stake at 85sen in Feb 2020. Now below 50sen. Very likely, Kendall will buy more from the open market to reduce its weighted average cost per share :)

Another good indicator of confidence in go is its warrants traded at 19sen now. Exercise price is 40sen. High premium for the warrants.


@michaelwong Bro , good updated info n hv already bought some for standby mode last few days . Avg price stood at .50 cents .
05/04/2020 8:00 PM

Right issue for airasia & aax?


KUALA LUMPUR (Bernama) - The government’s financial assistance to airlines amidst the COVID-19 pandemic must be carefully structured, and it should be the last resort, says local aviation regulatory body, the Malaysian Aviation Commission (MAVCOM).

In a statement today, MAVCOM said considering the pressures on the government’s fiscal resources, industry operators must exhaust other options first, including assistance from their respective shareholders, before approaching the government.

It said the government should only act as a lender of last resort for the industry.

"The government should also bear in mind that its main policy objectives should be to maintain essential air connectivity (most notably Public Service Obligation routes) and protect vulnerable parties such as the 50,000 employees in the aviation sector and Malaysian consumers, rather than propping up the commercial performance of airlines,” it said.

MAVCOM said instead of outright bailouts, there are more targeted options that reduce the risk of moral hazard and channels money towards their intended use.

This includes funding measures undertaken by airlines to combat the spread of COVID19 such as flight disinfection, as well as subsidies and incentives for airlines to retain employees on their payroll.

The government could also temporarily waive government-imposed charges such as air traffic control charges, airport departure levies and industry development levies.

On non-fiscal policy and regulatory responses, MAVCOM said clarifying and relaxing certain aviation-related policy requirements, such as the policy on ownership, could also provide some relief to airlines without fiscal costs, as it would allow industry players to access a wide range of funding sources from the local and international capital markets.

Nevertheless, it emphasises the importance for such ownership liberalisation to be accompanied by effective regulatory supervision to ensure players are not abusing their liberalisation rights.

Meanwhile, MAVCOM said it is aware that shareholders, in assessing their options, might consider industry consolidation via mergers, especially during crises such as the ongoing pandemic.

It noted that Malaysia Airlines and AIRASIAhave been reported to be in discussions over a potential merger even before the pandemic, adding that the pandemic might provide further impetus for such a merger to proceed.

However, it reminded industry players that merger transactions are subject to the merger control law under Act 771 and that they must submit their proposed mergers to MAVCOM for approval.

"A merger between two domestic airlines will foreseeably result in a high concentration of the Malaysian domestic aviation market. The merged entity will likely hold a monopoly status in many domestic routes.

"MAVCOM is concerned that such a merger could have the unintended consequence of distorting the market in the long-term and this could have negative effects on Malaysian consumers as they may experience higher airfares, reduced frequencies and choices, and deteriorating service quality due to the lower degree of competition,” it added.

GP holds 28%+ of g3

G3-Current prospects and progress on previously announced financial estimates
a) With the disposal of Apparel business, the Group will focus to grow its ICT business especially promoting the adoption of Artificial Intelligence Solutions and IOT (Internet of Things) in Malaysia. The Board remain positive towards the ICT business and expect to see further growth in year 2020 moving forward.
b) On 26 April 2019, the Company announced the signing of a Memorandum of Understanding with SenseTime Group Ltd of Hong Kong and China Harbour Engineeering Co. Ltd of China for a proposed joint venture to set up an AI Park in Malaysia for the development of AI solutions and other related technology, facilities andinfrastruture. The project is still pending signing of any agreement.

paid 85sen per share for this stake recently if not mistaken. any new share issues should be above 85sen so that wont make noise :)

Change In Substantial Shareholder's Shareholding - KENDALL COURT MADAM LIMITED on 21-Feb-2020
Stock [GPACKET]: GREEN PACKET BHD
Announcement Date 21-Feb-2020
Substantial Shareholder's Particular:
Name KENDALL COURT MADAM LIMITED
Details of Changes:
Currency -
Date of Change Type Number of Shares
19-Feb-2020 Acquired 35,000,000
Registered Name GRANDSTEAD SDN BHD PLEDGED SECURITIES ACCOUNT FOR SUMMIT SYNERGY LIMITED
Nature of Interest Indirect Interest
Nature of Interest Indirect Interest
Shares ORDINARY SHARES
Reason ACQUISITION OF SHARES VIA DIRECT BUSINESS TRANSACTION
Total no of securities after change
Direct (units) 0
Direct (%) 0.00
Indirect (units) 100,000,000
Indirect (%) 10.80
Total (units) 100,000,000
Total (%) 10.80
Date of Notice 21-Feb-2020

Grab and keep Some :)

Date Close Volume
03/04/2020 0.48 769,400
02/04/2020 0.49 1,293,900
01/04/2020 0.47 1,917,600
31/03/2020 0.49 1,804,200
30/03/2020 0.48 1,238,900
27/03/2020 0.485 2,277,300
26/03/2020 0.46 699,100
25/03/2020 0.47 1,782,200
24/03/2020 0.455 749,900
23/03/2020 0.42 961,000
20/03/2020 0.455 1,557,500
19/03/2020 0.435 1,118,200
18/03/2020 0.455 939,900
17/03/2020 0.515 1,959,100
16/03/2020 0.54 3,959,700
13/03/2020 0.59 3,384,500
12/03/2020 0.63 6,100,500
11/03/2020 0.645 1,742,200
10/03/2020 0.65 7,621,800
09/03/2020 0.635 9,641,800

Hope that GP will distribute 28%+ stake in G3 to the existing shareholders of GP.

Global Man Capital Sdn Bhd is the largest shareholder with 28.24% or 132.16 million shares while GREEN PACKET BHD is a near second with 28.2% ot 132 million Shares.

@animaniac recently viral ... KLIA using AI tech thermal scanner frm G3 as Covid19 pre-monitoring, sales n that particular product may boost anytime from now
22/03/2020 5:09 PM

Green Packet said it is banking on its digital services pillar, which saw revenue grow 125% from last year, to drive future sustainable growth.

It is invested in fintech and proptech, and via its associate company G3 Global Bhd has ventured into artificial intelligence and the Internet of Things. Green Packet is a major shareholder in G3 with a 32% stake.


Malaysia’s AI promise is a proposed US$1 billion AI Park that Prime Minister Tun Dr Mahathir Mohamad finalised on a recent visit to China. The park is a partnership between Malaysia-based G3 Global Bhd and Chinese firms SenseTime Group and China Harbour Engineering Company. The initiative will focus on AI apps in computer vision, speech recognition and natural language processing. Details on the park’s location are being worked out.

Green Packet doubles revenue
BUSINESS
Wednesday, 27 Nov 2019


PETALING JAYA: GREEN PACKET BHD has announced a net profit of RM5.6mil and doubled its revenue to RM185.6mil in its third quarter ended Sept 30.

The group in a statement said it experienced strong revenue growth across all its business pillars, with its solutions business that sells communications-related software and devices growing by a huge 468% year-on-year (y-o-y).


Its communication services pillar recorded a quarterly y-o-y revenue growth of 83%. The group’s new digital services pillar showed a revenue growth of 125%.

Group managing director and chief executive officer C C Puan said that the staple solutions business that provides connectivity devices to global telecoms brings in the cash for Green Packet to reinvest in its future.

“Initiatives were carried out to enable the solutions business to optimise for growth. These included an internal management reconfiguration, stronger penetration into targeted markets, and the leveraging of fresh strategic partnerships.

The results are exciting and we will continue to breathe new life into our legacy business.”

Due to the higher revenue gains, the group’s profit in the third quarter reversed a loss of RM14mil in the third quarter of 2018. Earnings before interest, tax, depreciation and amortisation (Ebitda) for the latest quarter rose to RM12.2mil compared with a loss of RM7.7mil a year ago.

For the first nine months of the year, Green Packet recorded a revenue of RM407.9mil compared with RM302.6mil previously and an Ebitda of RM2.4mil compared with a loss of RM13.6mil.

Green Packet said it is banking on its digital services pillar, which saw revenue grow 125% from last year, to drive future sustainable growth.

It is invested in fintech and proptech, and via its associate company G3 Global Bhd has ventured into artificial intelligence and the Internet of Things. Green Packet is a major shareholder in G3 with a 32% stake.

Green Packet said new ventures of suites of services under the kiple name were still in their investment phase.

However, Puan said the businesses were achieving important product market fit and value-creation milestones, and growth indicators were trending upwards.

Puan said he is confident the group’s new digital ventures would catch the tail wind for onward positive growth. “All these frontier technologies will be propelled by the region’s IR4.0 mandate as a key economic driver and all use-case potential will be unlocked by the arrival of 5G.

“The most difficult part of shifting to new growth areas and industries is done. Now we are driving results and keeping our eyes on the numbers, ” said Puan.

Nobody wanted an epidemic to happen and we can only hope it will never happen again in our lifetime. But in every crisis, there are always opportunities, only for those who are prepared.

The global stock market has hit the RESET button.

In other words - they are a bargain now! There is so much money at the sidelines right now and when COVID-19 is under control - the funds will just pour back into the companies who are doing well and take their stock prices to even greater heights.

However, you need to be selective to understand which stock can survive this crisis and emerge stronger.

So if you want to prepare yourself for these opportunities,

Green Packet Bhd saw 47.2 million shares, or a 5.1% stake, worth RM40.36 million change hands, Bloomberg data shows.

Filings with Bursa show that on Feb 19, 2020, Summit Synergy Ltd acquired 35 million Green Packet shares for 85 sen apiece, or a total transaction value of RM29.75 million. This brought its stake in the company to 100 million shares, or a 10.8% stake. Summit Synergy is the vehicle of Singapore-based private equity firm Kendall Court.

On Feb 10, Green Packet announced that its subsidiary Kiplepay Sdn Bhd had become the first fintech player in Malaysia to provide a white-labelled e-wallet solution with Bank Negara Malaysia’s approval.

Private placement can be offered to China Mobile :)

COLLABORATION AGREEMENT ENTERED INTO BETWEEN GREEN PACKET (S) PTE
LTD AND CHINA MOBILE GROUP DEVICE CO. LTD.
1) INTRODUCTION
We refer to the earlier announcement dated 1 November 2019, on the Memorandum
of Understanding made between Green Packet Berhad (Company No. 534942-H) and
China Mobile Group Device Co. Ltd (Company No. 911101147649695168) of 32
Xuanwumen West Street, Xicheng District, Beijing 100053, China.
On 13 November 2019, Green Packet (S) Pte Ltd (Company No. 200919726H)
(“Company”), a wholly owned-subsidiary of Green Packet Berhad has entered into a
Collaboration Agreement (“Agreement”) with China Mobile Group Device Co. Ltd
(Company No. 911101147649695168)of 32 Xuanwumen West Street, Xicheng
District, Beijing 100053, China (collectively referred to as “Parties”) whereby both
Parties will collaborate to promote, sell and distribute each other’s Products and
Services globally, subject to the terms and conditions of this Agreement.
The Parties may mutually agree to add, reduce, or vary globally and such addition,
reduction or variation shall take effect immediately from the date agreed by both
Parties.
This Agreement is valid for a duration of (1) year (“Initial Term”) and will be
automatically renewed for a further period of twelve (12) months from the expiry of the
Initial Term, and thereafter be automatically renewed for successive term of twelve (12)
months each, unless terminated in accordance with this Agreement.
2) SALIENT KEY OBLIGATIONS OF THE PARTIES
Distributing party’s obligations
Distributing Party will use its best effort to market and sell the Product & Services. The
obligations shall include the following: -
(a) Distributing Party will engage in sales promotion activities, which promotion
activities will include, without limitation, prospecting, sales presentations,
demonstrations, industry and association convention attendance and distributing
printed material supplied by the Supplying Party to current and potential
customer;
(b) Promptly respond to all communications by customers and/or potential
customers regarding the Product & Services; and
(c) Not to make any representations to customers or to give any warranties other
than those contained in any standard terms and conditions laid down by the
Supplying Party from time to time.
Supplying party’s obligation
In order to assist the Distributing Party in carrying out its duties under this Agreement,
Suppling Party shall provide the following: -
▪ Sales and Service Assistance. Suppling Party will provide sales and service
assistance to Distributing Party as and when required by Distributing Party.
▪ Sales and Technical Material. Suppling Party will provide Distributing Party with
sales and technical materials regarding the Product & Services, at Suppling
COLLABORATION AGREEMENT ENTERED INTO BETWEEN GREEN PACKET (S) PTE
LTD AND CHINA MOBILE GROUP DEVICE CO. LTD
Party's sole expense and in quantities to be established by Supplying Party. All
such materials furnished by Supplying Party to Distributing Party will remain the
property of Supplying Party and Distributing Party does not have any proprietary
rights to such materials.
▪ Order fulfilment. Supplying Party shall fulfil its commitment to supply the Product
& Services pursuant to purchase order issued by Distributing Party.
▪ Technical Assistance. Supplying Party will provide and make available the
technical support and services in the manner and at the time the Parties
considers appropriate under the circumstances to ensure uninterrupted
business engagement activities with customers.
▪ Training. Supplying Party will enrol an agreed upon number (minimum of 2) of
representatives of the Distributing Party in sales and/or service training courses
offered by Supplying Party concerning the Product & Services as required for
Distributing Party to achieve and maintain the level of technical familiarity and
service capability with the Product & Services required by this Agreement.
Sales training is available for no additional charges. Expenses incurred by the
Distributing Party for sales and service training, including but not limited to
travel, living, and board will be the responsibility of Supplying Party.
▪ Limited Warranty of Product. Supplying Party shall provide limited warranty on
Product as may be agreed separately between the Parties.
3. DOCUMENT AVAILABLE FOR INSPECTION
This Agreement is available for inspection at the registered office of Green Packet at
Level B-23A-3, The Ascent Paradigm, No.1, Jalan SS 7/26A, Kelana Jaya, 47301
Petaling Jaya, Selangor.
This announcement is dated 13 November 2019.

if not due to the virus issue, gpacket should be above RM1 now, i guess :)
No wonder, foreign long term investors acquired stake in it.

Sales level is growing by leap and bound, profitability should follow pretty soon :)
For tech company, this has proven it has a unique selling proposition for its products and services. :)



BNM approves Green Packet subsidiary's white-labelled e-wallet
theedgemarkets.com

February 10, 2020 12:33 pm +08

KUALA LUMPUR (Feb 10): Green Packet Bhd claimed today its wholly-owned subsidiary Kiplepay Sdn Bhd has become the first fintech player in Malaysia to provide a white labelled e-wallet solution with Bank Negara Malaysia's (BNM) approval.

In a statement, Green Packet said that coupled with a payment gateway service, the white labelled e-wallet solution is a key strategic thrust to the group's overall fintech play where it will provide a new revenue stream for the group.

"By setting up and managing a mobile app-based payment solution for third parties, the gross transaction value is expected to increase by 500% over the next two years," Green Packet said.

KiplePay chief executive officer Tan Kay Yen said in the statement it is a big win for KiplePay to get BNM's approval as Kiplepay can now propel the country's cashless agenda further.

"With white labelling services, we can enable and facilitate more businesses, be it for enterprises with a large customer base or small and medium enterprises to launch its own e-wallet.

"Such functionalities include a spectrum of mobile payments, discounts, loyalty rewards, P2P money transfer, data top ups and bill payments can be made available in the e-wallet itself. That will not just give a full control to improve the brand discernibleness and deliver the best users' experience but it also provides business owners better opportunities to interact with their customers and better anticipate the customers' needs and desires," he said.

According to the statement, KiplePay is set to explore and offer white labelling services to more organisations and corporations with large customer base in sectors like insurance, food, retail and transportation. This includes direct selling companies and organisations that prioritise loyalty programmes, it said.

Tan said: "With e-wallet, payment gateway and wallet-as-a-service capabilities, we can now build a broad range of pick and choose functionalities powered by the technology talents, assets, and network of international partners of the Green Packet Group. Ultimately, we strive to use our technology capabilities to help and enable businesses to serve their customers better."

KEEP SOME LIKE THEM :)

Shareholding Changes
Date of change Shares Director/
Substantial Shareholder
19 Feb 2020 Acquired
35,000,000 KENDALL COURT MADAM LIMITED
19 Feb 2020 Acquired
35,000,000 SUMMIT SYNERGY LIMITED
27 Sep 2019 Acquired
65,000,000 KENDALL COURT MADAM LIMITED
27 Sep 2019 Acquired
65,000,000 SUMMIT SYNERGY LIMITED

I think very fast , back to around 55-65sen :)

Date Close
02/04/2020 0.49
01/04/2020 0.47
31/03/2020 0.49
30/03/2020 0.48
27/03/2020 0.485
26/03/2020 0.46
25/03/2020 0.47
24/03/2020 0.455
23/03/2020 0.42
20/03/2020 0.455
19/03/2020 0.435
18/03/2020 0.455
17/03/2020 0.515
16/03/2020 0.54
13/03/2020 0.59
12/03/2020 0.63
11/03/2020 0.645
10/03/2020 0.65
09/03/2020 0.635
06/03/2020 0.695

Share placement to Alibaba or Lazada , hopefully. All online payment on its online platform via kiple :) great sinergy :)

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : FUND RAISING GREEN PACKET BERHAD ("GPB" OR THE "COMPANY") PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF GPB
GREEN PACKET BERHAD

Type Announcement
Subject NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description GREEN PACKET BERHAD ("GPB" OR THE "COMPANY")

PRIVATE PLACEMENT OF UP TO 10% OF THE TOTAL NUMBER OF ISSUED SHARES OF GPB
We refer to the earlier announcements in relation to the Private Placement. Unless otherwise stated, the terms used herein shall have the same meaning as defined in the said announcements.



On behalf of the Board, RHB Investment Bank wishes to announce that Bursa Securities had vide its letter dated 17 March 2020 (which was received on 18 March 2020), granted an extension of time until 25 September 2020 for GPB to complete the implementation of the Private Placement.





This Announcement is dated 18 March 2020.

It has fallen too much... expecting to rebound soon... expecting a new investor for the new additional shares to be placed out this year. If the new shareholder is Alibaba or lazada, i think the share will fly higher than previously too :) fingers crossed.

Recent Prices
Date Open Range Close Change Volume
02/04/2020 0.475 0.475 - 0.495 0.49 +0.02 (4.26%) 1,293,900
01/04/2020 0.48 0.47 - 0.505 0.47 -0.02 (4.08%) 1,917,600
31/03/2020 0.485 0.475 - 0.50 0.49 +0.01 (2.08%) 1,804,200
30/03/2020 0.485 0.45 - 0.485 0.48 -0.005 (1.03%) 1,238,900
27/03/2020 0.47 0.465 - 0.515 0.485 +0.025 (5.43%) 2,277,300
26/03/2020 0.46 0.45 - 0.47 0.46 -0.01 (2.13%) 699,100
25/03/2020 0.47 0.44 - 0.485 0.47 +0.015 (3.30%) 1,782,200
24/03/2020 0.425 0.425 - 0.455 0.455 +0.035 (8.33%) 749,900
23/03/2020 0.45 0.395 - 0.45 0.42 -0.035 (7.69%) 961,000
20/03/2020 0.425 0.425 - 0.47 0.455 +0.02 (4.60%) 1,557,500
19/03/2020 0.45 0.42 - 0.52 0.435 -0.02 (4.40%) 1,118,200
18/03/2020 0.52 0.455 - 0.52 0.455 -0.06 (11.65%) 939,900
17/03/2020 0.455 0.455 - 0.525 0.515 -0.025 (4.63%) 1,959,100
16/03/2020 0.53 0.495 - 0.545 0.54 -0.05 (8.47%) 3,959,700
13/03/2020 0.595 0.54 - 0.605 0.59 -0.04 (6.35%) 3,384,500
12/03/2020 0.625 0.59 - 0.64 0.63 -0.015 (2.33%) 6,100,500
11/03/2020 0.645 0.63 - 0.65 0.645 -0.005 (0.77%) 1,742,200
10/03/2020 0.625 0.61 - 0.65 0.65 +0.015 (2.36%) 7,621,800
09/03/2020 0.68 0.605 - 0.68 0.635 -0.06 (8.63%) 9,641,800
06/03/2020 0.675 0.67 - 0.695 0.695 0.00 (0.00%) 3,924,200

Open door for these investors to invest more cheaply :)


KENDALL COURT MADAM LIMITED 19-Feb-2020 Acquired 35,000,000 0.000 View Detail
SUMMIT SYNERGY LIMITED 19-Feb-2020 Acquired 35,000,000 0.000 View Detail

Net assets per share RM3.02 as at 31.12.2019, better liquidate it and return the money to shareholders :)

share buyback just started recently... getting more and more intense :)


02-Apr-2020 Insider CYPARK RESOURCES BHD buyback 330,000 shares from 0.770 to 0.810 on 02-Apr-2020.
02-Apr-2020 Insider CYPARK RESOURCES BHD buyback 5,368,700 shares from 0.625 to 0.805 on 19-Mar-2020 - 01-Apr-2020.
01-Apr-2020 Insider CYPARK RESOURCES BHD buyback 480,000 shares from 0.750 to 0.805 on 01-Apr-2020.
31-Mar-2020 Insider CYPARK RESOURCES BHD buyback 320,000 shares from 0.735 to 0.760 on 31-Mar-2020.
30-Mar-2020 Insider CYPARK RESOURCES BHD buyback 130,000 shares from 0.685 to 0.715 on 30-Mar-2020.

recycling, rising profitability :)

Wednesday, 18 Mar 2020

7:10PM CYPARK 1Q net profit 14.548 million (increased 11.84%)


Monday, 30 Dec 2019

5:52PM CYPARK Financial year end net profit 91.282 million (increased 11.66%)

5184 CYPARK CYPARK RESOURCES BERHAD
MEMORANDUM OF UNDERSTANDING

MEMORANDUM OF UNDERSTANDINGCypark Resources Berhad ("CRB" or "the Company") - Status of the Memorandum ofUnderstanding ("MOU") between Menteri Besar Kedah Incorporated (MBI Kedah) andthe CompanyYou are advised to read the entire contents of the announcement or attachment.To read the entire contents of the announcement or attachment, please accessthe Bursa website at http://www.bursamalaysia.com


18/03/2020 07:00 AM


Ref Code: 202003183000480

recent purchase made by EPF, closing price on 14 Feb 2020 was RM1.37. no move by EPF thereafter. EPF owns 7%+ of cypark now

5184 CYPARK CYPARK RESOURCES BERHAD
Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Particulars of Shareholder 36

Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF ACT 1991
Nationality/Country of Incorporation : Malaysia

Address:
Tingkat 19, Bangunan KWSP, Jalan Raja Laut 50350 Kuala Lumpur WilayahPersekutuan Malaysia

Descriptions (Class and Nominal Value):
Ordinary Shares


Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement orattachment.To read the entire contents of the announcement or attachment,pleaseaccess the Bursa website at http://www.bursamalaysia.com


Details of Changes

Date of Notice : 17/02/2020

Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 14/02/2020 Acquired 500,000

profit and revenue also UP

Thursday, 27 Feb 2020


5:21PM MNRB Nine-month net profit 94.373 million (increased 166.05%)

Tuesday, 17 Dec 2019

6:31PM MNRB YAYASAN PELABURAN BUMIPUTRA (2,489,009 units Acquired)

6:29PM MNRB PERMODALAN NASIONAL BERHAD (2,489,009 units Acquired)

5:42PM MNRB AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA (8,272,650 units Acquired)

5:34PM MNRB YAYASAN PELABURAN BUMIPUTRA (103,045,009 units Acquired)

5:27PM MNRB PERMODALAN NASIONAL BERHAD (103,045,009 units Acquired)

only sell among these GLCs, not to the open market :)


Thursday, 9 Jan 2020

5:37PM MNRB YAYASAN PELABURAN BUMIPUTRA (2,870,208 units Disposed)

5:36PM MNRB PERMODALAN NASIONAL BERHAD (2,870,208 units Disposed)

5:35PM MNRB AMANAHRAYA TRUSTEES BERHAD - AMANAH SAHAM BUMIPUTERA (2,870,208 units Acquired)

Profit up Revenue Up :)


5184 CYPARK CYPARK RESOURCES BERHAD
Quarterly rpt on consolidated results for the financial period ended 31/01/2020
Quarter: 1st Quarter
Financial Year End: 31/10/2020
Report Status: Unaudited
Submitted By:

Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
31/01/2020 31/01/2019 31/01/2020 31/01/2019
RM '000 RM '000 RM '000 RM '000
1 Revenue 90,876 88,439 90,876 88,439
2 Profit/Loss Before Tax 19,319 16,723 19,319 16,723
3 Profit/(loss) attributable to ordinary equity holders of the parent 14,549 13,008 14,549 13,008
4 Net Profit/Loss For The Period 14,548 13,008 14,548 13,008
5 Basic Earnings/Loss Per Shares (sen) 3.11 3.50 3.11 3.50
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) 1.6600 1.6200


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 accessthe Bursa website at http://www.bursamalaysia.com



18/03/2020 07:00 AM


Ref Code: 202003183100478

Reinsurance is resilient during this turbulent period