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2019-10-04 14:09 | Report Abuse
Exactly.
To some of us, is a tarp, global meltdown, the sky is falling down, DJ crumbling down. Not a risk taker, lack of knowledge.
To the Funds, it is less than SGD0.25, to the Chinese the stock is <USD0.20 ( a quarter Dollar, cheap cheap) but with good potential, good bargain, low cost. Making profits company where got so cheap later..
How costly is Alibaba, Intel, Microsoft, FB?
2019-10-04 13:33 | Report Abuse
Exactly. No manipulation.
Is an example, when the Fund bought GP, it has indirect ownership in G3.
The word "goreng" cannot be pakai loosely one.
It is demand and supply.
Gold price went up, is it "kena goreng"? No!
HL Bank went down from RM20 to RM16, is it not yet "kena goreng"? No!
There were factors such as demand, supply and investors' appetite... and the potential as measured by the investors.
2019-10-04 11:55 | Report Abuse
IF buy CIMB and claim ownership in MBB (MalayanBanking Bethad), because CIMB got 32% in MBB, why not buying CIMB?
2019-10-04 11:38 | Report Abuse
7% X 32% = 0.0224%. Spore Fund got in G3.
2019-10-04 10:09 | Report Abuse
GP got 32% in G3, if G3 appreciates, what will happen?
You still working with monthly salary, later your promote you with better pay, your CDS statement that you have 32% share in one public listed company, who will say that you can not sustain?
You are a wealthy person.
2019-10-02 14:13 | Report Abuse
Can buy? The price was RM0.07 but so low now?
2019-10-02 12:58 | Report Abuse
One for Kampar DAP and one for Tanjung Malim (PKR?).
2019-10-02 09:39 | Report Abuse
When become 0.34 each person make RM500 only, have gratitude, don't spoil the soup.
2019-10-02 09:35 | Report Abuse
At 0.275 , asking 1 million lots, not 1 mil units, it is 100 million units.
2019-10-02 09:32 | Report Abuse
Not much to lose. Every individual bought RM2,800 only, except the investment companies.
2019-10-02 09:23 | Report Abuse
Don't be choosy. It can white or black cat...as long it can catch the rats. WB.
2019-09-30 18:11 | Report Abuse
6257,
if G3 warrant conv price is RM0.10 , the warrant should be RM3.01 (instead of RM2.80) since the mother already RM3.11 today.
Again got discount. Truly, you seldom you these type of cases. I am astonished.
So, no shivering at the knee. Just take it like it is a "good risk" (like got good debt and bad debt).
IF people can be even quite sure about the TP , nobody have lost like HL bank RM20.00 a share you bought and now left RM16.00 , almost like lost your underwear already because you usually 1000 lots (HL bank) otherwise it is so negligible the gains.
So, RM0.20 you entered to become RM0.30 0r RM0.36 , how much you will suffer.
2019-09-30 15:25 | Report Abuse
You Smart fellow. My 2 remisier caused me to earn less..i want to close the account with them..these type of dealers just not helping themselve and their clients..
2019-09-30 15:16 | Report Abuse
6257, you did warned me, you said "see you at RM0.25" , it came to the pass.. you were right.
2019-09-30 15:10 | Report Abuse
Wb - now how to get at RM0.275 anymore, who wanted to sell?
In other instances, the conv price even higher than the OS price, to some their warrants supposed to be negative value but it is sold at almost half the price of the OS, madness!
Here, no need to teach anybody about the the discount amount unless we failed our Maths in the schools. By right it is RM0.36 only.
Buy and keep for a while, better than setting up a durians store..
2019-09-29 23:22 | Report Abuse
Given that you are the Manager (like the chief) of this Fund, not even the very big fund among the all that are based in Spore, if you have reacted like a sinister...meaning you suggested that this Fund had invested carelessly?
They put in the money and started to share your fear?
2019-09-29 22:57 | Report Abuse
In another word, the Fund could have booked another 135 mil share at RM0.65 each, (WB RM0.25 + the Conv price). The Fund may convert the Wb ultimately.
2019-09-29 22:40 | Report Abuse
Unlikely that the Spore Funds so decided to invest 7.19% in the Capital of the company. Rather, I would guess that the Funds may have wanted to buy 100 mil (or even 200 mil) shares but now settled with 65 mil OS and could be 35 mil Wb. IF such is the plan.. 65 mil OS X RM0.70 + 135 mil WB X RM0.25 , TOTAL could be investment cost RM79.25 mil only. So far, the paper gain is , 65 mil X RM0.055 + 135 mil X RM0.025 = RM6.95 mil already.
The plan to invest must have been started at least many days ago...so the Warrants were purchased days earlier at RM0.25 only.
It doesn't matter who are those sellers...who had unloaded or who has not yet.. the objective is the Funds may want to own ,say 200 mil shares in the company...i guessed.
Anyway, in the recent months..seldom heard of any foreign Fund also..intend to take up certain shareholdings and immediately justified so clearly the potential of the company which the Fund had invested.
Should we have acted or reacted like this Fund...we may have purchased fearlessly the moment being disclosed the news about a China funds also had invested, we all have made more profit in a big quantum..but many reacted like a....sinister.
2019-09-28 12:17 | Report Abuse
It is your willingness...no compulsion, buy a bit but fast.. is not helping by contradicting and giving discouraging ideas.
Foreign funds must have studied the potential of the company in details...should not be a very big company or expensive the entry level (SGD0.25 a share will do), profits will come, the candidate is just happened to be GP, so be it.
taking up a huge shareholdings..the hope/dreams/potential are in front ..ewallet/fintech/ "was just a capital investment. This time, we look forward to contributing our knowledge and experience particularly in Asean",Green Packet has yet to unlock the potential from the full spectrum of their assets such as with their money lending licence, fintech players is the issuance of digital bank licenses. Singapore and Hong Kong had already issued their licenses with Malaysia expected to follow soon.
THIS time will not be a sleeping investor/partner but contributing in experiences and business opportunities, in the region (Asean), not just Klang Valley.
The bonus is GP has G3 which has AI.
No one is conned or stupid in the emerged substantial shareholders.
Is not a hostile one but mutual benefit basis, i guessed.
Up GP, up GP.
2019-09-27 22:08 | Report Abuse
Miz, James Ng said..Green package..green package.. , No! Is Green Packet..green pau
2019-09-27 21:59 | Report Abuse
IF limit up on Monday morning - 0.3 X RM0.755 = RM0.22 , very close to a Ringgit (RM0.97 only) for each share..
Then the Wb, RM0.97 - RM0.40 = RM0.57 each lah..
2019-09-27 17:22 | Report Abuse
Last day to conv is in Nov 2023. Another more than 4 years..IF you have RM2,800 now (not buying 10,000 Wb) but place the money in a bank, 3.5% a year, roughly RM2,800 X 4 years X 4.% = around RM450 earning, Your savings will be RM3,250.00 BUT BUT if Wb which is supposed to be RM0.355 now, can become RM0.325 anytime..provided no World War 3 break out..
So, take out your that RM2,800..from the ATM machine..
2019-09-27 17:11 | Report Abuse
Depend on the condition..either convert 1 Wb (same price) get 2 mother shares (subsequent to any RI)..or..
2019-09-27 14:47 | Report Abuse
Buy fast and convert to mother shares.
2019-09-27 09:48 | Report Abuse
G3 can attract certain interested investors because it has one IT segment of business. Can be used for the target of expansion.
GP got 37% in G3, is not 3.7%, (G3 414mil shares X 37% X RM3.00 = RM459 mil only), is the value. Is like you have a salary slip monthly and still you owning plenty of shares in one listed company.
Can you see how rich you are?
2019-09-27 09:33 | Report Abuse
Some were taking part in the short at RM0.275 and unknowingly were lured to continue redundantly then suddenly loads of buyers appeared at RM0.275 now they have to buy back at RM0.280 only.
OS RM0.735 only.
2019-09-27 09:31 | Report Abuse
Some were taking part in the short at RM0.275 and unknowingly were lured to continue redundantly then suddenly loads of buyers appeared at RM0.275 now they have to buy back at RM0.280 only.
2019-09-26 18:02 | Report Abuse
The body was lifeless. The body was a hundred pound of clay. Life, that is what God has invested in the body.
2019-09-26 17:57 | Report Abuse
A universal question that every human being asks sooner or later..where do we go from here? What happen at the end of life?
Is there a life after death?
This question is misworded because life doesn't died.
The question should be what died and what lives?
More fundamentally, what is life?
The body (made of clay) died and life went to where? It can't just disappeared..they said go up or go down (hell). In term of space, there is no up or down.
In order to understand what happens when life leaves, we have appreciate what happens when life comes...what does is mean when somebody is born?
When God created the human being, he fashioned a body and breathed into it a living Soul..
2019-09-26 17:00 | Report Abuse
Loads of buyers shifted to RM0.275 already.
RM0.275 firmed.
2019-09-26 13:11 | Report Abuse
Bought some at RM0.455 this morning...
2019-09-26 11:33 | Report Abuse
When God created the World, He created it out of nothing, He had to create 2 things..existence and life. He had to create existence because there was nothing in the beginning and then create life for the things created.
2019-09-26 10:03 | Report Abuse
Buy the Warrants convert to the OS, profitable.
On 26 Aug WB was RM0.175 and the OS was RM0.615 so discount for the Warrants was RM0.04 (always remember that the Conversion price is RM0.40 , so people do convert the Warrants to OS regularly, no mistake.
IF you piurchased the Wb at RM0.175 a month ago, where there were numerous discouraging comments/opinions, your profits already more than half at RM0.275 now.
You need an opportunity like this one.
2019-09-24 19:14 | Report Abuse
The disclosure for acquiring or disposing of shares by the substantial shareholder(s) can be confusing.
The party that acquiring the shares is a corporation where Mdm Gan and IR Lee are the directors in this company. They are considered as indirectly acquiring shares via this corporation when they are already owning shares in KNM with their names directly.
Due to the requirement, the disclosures of acquiring shares of 5 mil (3 mil on 23rd Sept and 2 mil on 24th Sept) were repetitively.
Firstly, it was disclosed as the corporation (Inter Merger) acquiring the shares being the substantial shareholder and secondly disclosed as the directors in KNM.
SC can have a better idea in making the requirement of the disclosure be taken simplified and avoiding these multiple type of disclosures that can be misleading.
2019-09-24 15:02 | Report Abuse
Buy up all the RM0.27 and be ranked No.1 today
2019-09-24 14:43 | Report Abuse
It is about your willingness..let's aim for RM0.30 (Wb) because the mother is RM0.70 and the conversion price is RM0.40 only. Once the RM0.27 can be cleared..it could shoot to where it should be belonged.
How often we can see Warrants are saleable at discount?
2019-09-21 23:10 | Report Abuse
Turning the company into a Private was failed.
Mr Lee has even less than one third of the issued capital in controlling the company?
The mode at the end of Thursday was great and on Friday it went up until RM0.425 but sadly it reversed to RM0.41 (downed RM0.05) at the closing.
Who dared and short from RM0.425 until RM0.41? Even I got plenty of money yesterday i dare not short when seeing the trend. So who is most interested to keep the price low? Who wanted to accumulate more as soon as possible before the share price shooting up.
It may not be Mr Lee.
2019-09-19 22:59 | Report Abuse
6257, Umza today closed at RM0.92
2019-09-19 16:47 | Report Abuse
Warrants RM0.27 firmed. By right is RM0.33
2019-09-19 16:44 | Report Abuse
G3 is RM2.85 , GP became more valuable.
2019-09-19 15:14 | Report Abuse
Cross-border trading, whether Malaysian or non-Malaysian, can trade from any place in the world...for example now, warrants got 1,700 tickets/investors interested to buy >118 million units..means you need 40 buses to fetch them if each bus can carry 40 passengers. So, that's how serious the buyers. Who want to short?
Stock: [GPACKET]: GREEN PACKET BHD
2019-10-04 14:28 | Report Abuse
Yes.
People are talking about the cost, potential..
When the DJ was less 9,00 points, Warren B was busy buying BOA (i think so) and few others..after all how many other guys got cash like him. Now, 26,000 points how much he made? He got the good bargains then but not now. To him, no trap, not worry about your meltdown, you buy before the company start making profits, after all he bought many failed businesses..cheap.