Followers
3
Following
1
Blog Posts
0
Threads
5,756
Blogs
Threads
Portfolio
Follower
Following
2020-05-17 21:27 | Report Abuse
Macrullen....its good to have contrarians to call sell so others will have chance to buy lower
2020-05-17 20:54 | Report Abuse
And yet monday many will still create new highs
2020-05-17 20:53 | Report Abuse
Many ard 50 sen 60 sen now at RM2 plus and close to RM3.
2020-05-17 20:52 | Report Abuse
Many counters in Bursa also historical high. Cant look back
2020-05-17 15:20 | Report Abuse
Everyone shld go to glove counter on Monday. Its the in thing now. :)
2020-05-17 15:17 | Report Abuse
My humble opinion is , price will be weaken but unlikely limit down. The market is very interesting. There will be have buyersband also sellers
2020-05-17 15:15 | Report Abuse
Some think limit down some say buy.
2020-05-17 15:15 | Report Abuse
Its always good to have diferent opinion
2020-05-17 13:10 | Report Abuse
Thermal scanning looks like a in thing now
2020-05-17 10:43 | Report Abuse
All the best to everyone! Hope everyone make some money be it buying mother or son
2020-05-17 00:28 | Report Abuse
Macrullen....technologies is hard to be understood unlike glove counters easier to access its valuation. How manybpieces produced, increase in asp, low nitrile price low petrolium proce. All this input into excel equation and a valuation will come out. Techologies stock is all about concept in the intitial stage and also incubation period. No profit shown even though revenue keep inctrasing cos money keep ploughling back to inolenent next stages.... only when it show profit then only ppl will start to realise....by the time...
Like i mentioned before, GP is kind of fortunate that it caught this atbthe right time woth the covid sotuation. I expect GP will ride on thosbfully and capitalised. Also in the pipeline, there could be more cooperations between GO and Temcent. Who knows, GP is taking the path of Tencemt 10 years ago?
2020-05-17 00:05 | Report Abuse
Macrullen.....agreed with u my brother. Let the numbers soeak and no guessing up or down on Monday. This is for day trader. Ans i agreed, start up always refister high revenue and losses in the initial stage. What prove to be succesfull will be the successful implemtation of the business plans in a progressive manner
2020-05-17 00:03 | Report Abuse
U mean the discount is fake? And a discount is not a discount? Its a discount oresent to u so that it induce to trap u?
2020-05-17 00:02 | Report Abuse
I cant help to raise a question, when warrant is at a discount, how that serve as a trap? I m curious?
2020-05-16 23:22 | Report Abuse
Lot of positives and contrarians here. This make it so interesting.
Enjoy reading all. I have said enough and will.just enjoy reading from now onwards. All the best guys and gals. Happy trading
2020-05-16 22:00 | Report Abuse
Whatever action that may be, do your homework and bear in mind everythg come with risks. Trade carefully. Or one would rather jointbthe glove fever party and invest in glove
2020-05-16 21:23 | Report Abuse
Its too good to be true cos the story of kiplay is unbelievable and we have not seem enough success. Just wait and see if the mother price holds
2020-05-16 21:21 | Report Abuse
Lclwyp....your conclusion is based solely thatbthe mother share price will colapse. If that holds water, yes its better to take profit on warrant.
Whatbif the mither share price hold at curent levlnor evem inch up to 1.50 and trading wothing a tight range, would u take profit on warrant with uour cost ard 48sen or shld u add 40 sen and convert to mither amd sell it at 1.20-1.50?
And to clarify, the conversion take 7-10 days
2020-05-16 20:19 | Report Abuse
If it limit down means this stock is pure rubbish and one shld never touch again. But i doubt so limit down. Initial big fall, yes. Contra players take profits. Will see if the selling well absorb. If yes, then, solid investors are buying in. Lets wait and aee. Who knows, may be TENCENT is taking a stake? We never know. Its just my pure guessing and not deemed as to i duce anyone to buy or sell
2020-05-16 20:14 | Report Abuse
Dun play with fire. Invest if u think its worthwhile. Or else dun speculate and contra. The operators will make sire u get burn. They wan a steady gradual rise and not spike. Once u in to jack it up they will throw down and scare u off.
2020-05-16 16:37 | Report Abuse
You cant punt this stock and hope to make a quick bucks especially on warrants. Technologies stock is hard to be understood by many. Its wither boom or bust. Like i mentioned, GP kieplay came at opportute time when business globally are hit hard by covid. Everybody is afraid to get contact. Thus contactless shopping, cashless and all kind of digital transaction will be a norm in the years ahead. The world will be very diferent now.
If u believe the concept of GP and believe that the world will be at the new normal with mostly digitisalion, them one shld take a look at some really technologies tech stock which help business and the communities to get back to life with the new normal with minimum risks.
At present, few schools and few malls are adopting the new app by GP now. I would expect more manufacturing warehouses, production lunes or even wet market will adopt the same. Again whoever is in the lead will be able to profit from this.
If one is a contra trader, eventually will get burn. The syndicate is well aware of all the behaviour of day traders, fhey will not let allnof us to make a two days quick profits easily especially on warrants.
This is just my humble observation. This is not a recommendation to buy or sell. Just an observation. And one has to do more homeworks before invest their hard earned money.
Good luck in Monday!
2020-05-15 21:24 | Report Abuse
Luveen96....if u r happy with ur gain, just take profit if u dun intend to hold longer term. I am sure share price will be weaken before stanilise again
2020-05-15 21:06 | Report Abuse
If u think the price will hold or withing toghtvrange at this level then conversion is an advantage
2020-05-15 20:58 | Report Abuse
Looks like the game still on judging from how they keel the price in positive teritory
2020-05-15 20:56 | Report Abuse
Its very dificult to predict olerators’ move. They always surprise us. And always act contrary woth what all of us expect. Just buy low and convert and save the worry about the fluctuation of warrants price
2020-05-15 20:11 | Report Abuse
So if they are selling warrant to cash out but keep mother and if the mother prospective is good, this may present oportunity for those who wants to buy warrant and convert. Just imagine if the mother goes up to 1.50 and the warrant may still stuck at 50 sen. Dun u think its oportunity to get 50 sen and convert with 40.? May be? May be not? Only if the mother share price holds
2020-05-15 20:09 | Report Abuse
Also major shareholders may be aelling the warrants as well as they have already enough mother shares. If the warrant goes up they will just pocket it cos its free for them after subscribing to the rights
2020-05-15 20:08 | Report Abuse
But again, big sharks are very short term. So i dun think they will buy warrant and convert. Warrant is easier to manipulate and speculate. Thats all
2020-05-15 20:07 | Report Abuse
Trademou...i think if like what u said big sharks will convert i think they will not convert and them sell straight away. They may just converted amd wait
2020-05-15 17:59 | Report Abuse
Trademou...i would not speculate what the sharks may do and if there are sharks around. I just found that its very odd that the warrant is so much undervalued. I trued to check if there is anything hidden but so fat cant find any.
I think the biggest risk is if we convert it and aftwr 10 days the mothers back to 60 sen then we are really out of the money. So all boils down to what will be your expectation on the mother. Will the mother slowly inching up with the newly fintech locense, or will it colllapse completley next week, or will the price stabilise at current level?
I guess there are too many unknown thus most traders will just trade as it is. Moreover to do conversion one has to folk out extra money that will be burdern to some especially contra traders.
If u see value and expect the price will hold or will go up, one will go thru the great pain to go thru the conversion.
Its all about how well u know, how kptimistic or pesimistic about the company. Of of u think GP is just a pure goreng counter, them may be conversion is a bad idea.
But if u think GP future business is a clubter to hold as covid continue to be a problem, then may be conversion is better than chasing mother
2020-05-15 17:42 | Report Abuse
Ahmiaw....have check with BURSA, the conversion to mother share will take about 7-9 days. U have to buy a bankdraft and get a conversion form from ur broker and the instruction will be in that form.
Was told after ard 8 days your warrant will be cancelled off and converted into mother share in your account. Once its in your acct, you can start trading it as mother share. Hope i answer your question earlier. Cheers
2020-05-15 17:36 | Report Abuse
Have a great weekend guys. Recharge and come back again next week. Cheers maximus
2020-05-15 17:12 | Report Abuse
Many counters are ten years high now espe ially the glove counters. We cant look at historical cos that was yester years’ prospects. Glove usage expected to in rease by 50% and many counters are hettimg their orsees fill up till next years. Selling price has increased and volume as well. Thus new level is expected.
All being said, glove will be diferent from gp. Gp business we cant see by productions of how many inots or bla bla bla. Its the techmologies. So how we value the technilogies will be diferent form projecting unit sales. Everyone valuation can have big variance. Like we all k ow, do ur homework and onvest wisely
2020-05-15 17:04 | Report Abuse
Or could be the other way, get more solid partnership, get governmeng support for theor apps and covid continues to be a big problems. Thus everythg has risks, all depends ln one’s risk appetite and how well u know the company. But one thing for sure, this is a T plus 2 counter
2020-05-15 17:02 | Report Abuse
Yu_and _me...u are absolutely right. Anything can happen during the few weeks times. May be the partnership collapsed, mah be vaccines dlund, may be dow collapse.
2020-05-15 16:59 | Report Abuse
Ahmiaw....sorry, i meant it will take 3 weeks for the process
2020-05-15 16:57 | Report Abuse
Ahmiaw....this is a good question. The last i knew was ard 2 weeks. So this is the tome risk factor. But if u think this fintech will go up, then two weeks is just sap sap sui
2020-05-15 16:54 | Report Abuse
If u think the mother still has more legs to go them warrant shld move along
2020-05-15 16:53 | Report Abuse
Of course buying the mother is more direcf
2020-05-15 16:52 | Report Abuse
Provided the mother dun drop below ur cost of 40+46. Anythg above this u made, below this u loss
2020-05-15 16:50 | Report Abuse
If u buy one at 46 sen u add another 40 sen for conversion and turn to mother. Ur total cost will be 40+46. After coverted to mother u can sell at mother’s price.
2020-05-15 16:49 | Report Abuse
Warramt allows u to convert and change to mother share as good as reflecting the business
2020-05-15 15:23 | Report Abuse
Of course everyone’s valuation is very diferent, with due respect
2020-05-15 15:23 | Report Abuse
Overvalue is based on current financial. When we oay for a stock we oay for future
2020-05-15 15:22 | Report Abuse
It went up to fast. Those who are slowly collecting it dont like it and sell it down so that all contra player will get scare. After all contra players scare off, then it will slowly inch up
Stock: [GPACKET]: GREEN PACKET BHD
2020-05-17 21:32 | Report Abuse
Just like glove counters from 60 sen up to 1.30 many said will limit down and overvalued and its a dumb to buy. And it went up to 1.80 still said that sell sell sell overvalued will crash anytime. But when gone up to RM2.30 those who called sell allnof sudden changed their call to buy buy buy becos more demand more this more that and even give highbtarget price of 3 or even 4.
This is how the behavior of some traders. The point is, do your homework, and when u are confident, take calculated risks, and stick ti ur decision. Can read but dun get influence easily. Many noises but must learn how to analyse all in a logical manner so as not to create panic sell or panic buy. Money is hard to earned. Be diligent and be smart! Happy trading, cheers