Above just my personal analysis and finding and it is not a recommendation to buy or sell ..investor have to assume their own responsibility for their gain and loss of any investment.

The analysis shown that the banker fund already start to accumulate when price hit at 69-69.50 on last Thursday and Friday, of course the banker still can push further down to collect more , who do not want a cheaper entry price?
The most powerful factor to push a stock higher is fund flowing into the stock which it is happening right now at this stage.
Look at the last 2 candle stick on technical charting, it might able to hint something..So long if next week there is price support and do not hit lower than 69 sen, I think obstacle is clear and high time to have a rebound...

Dear all investor, we are here to make money and no point argue a lot but contribute to valuable fact and information to analyse the prospect of a company. For those who bought high and cut loss sure he will hate and angry in this counter as his hard earn money is lost. But if u r well verse with technical analysis you will know appropriate action to take when there is opportunity arise. My personal view the main reason is the wash out phase & listing of new converted share among other factors contribute to last 2 weeks drop . Will the share drop further nobody could answer that unless u r part of the banker team but as now it is in a strong support level. My prediction is that the price be push up again next week exactly when u should ask the banker...God bless all investor to have gainful profit in the near future.

The MA 120 moving average line is 70 sen which form a very strong support at this level , any seller below 70 sen level must be those cut loss from recent converted warrant share holder.

Could be a panic buy when opening ..

Technical chart analysis point towards a rebound next week , whether it is a strong or weak one will depend very much on banker

There is always reason behind for throw out all good news at this juncture either banker collection is enough or the management want to stabilise the price committed to Kendall Singapore otherwise how the management is going to convince the next 10 % taker ? The taker speculate to be Tencent Cloud China for the next 10% private placement.. It seem that CC Puah not reducing his stake in recent push up boost further the confidence of public investor.

It make sense that banker to collect and accumulate enough before next push up..

Absolutely agreed with Striker90 , this stock is push up at abnormal strange way...First it dun have good rebound for retailers to escape , second it drop continuously for 12 days, oversold for 8 days, strange that good news did not come in the push up stage but at the end stage of correction ..is the price rise to warm up & test the market ? unintentionally over push by retailers excess fund ? or for fund raising purpose on warrant conversion ? God know...but pretty sure that it is good for long term investor as company received fund as working capital from warrant conversion .Look at the projects announced in the pipeline..mostly involve in the future generation mega trend on 5G, AI ,Cloud computing which will be speed up by Covid-19 pandemic and support from the government digital economic policy

In stock market high risk high return but honestly the 2 weeks drop from peak price really scary & never rebound for retailer to escape who bought at high price ..the drop is really overdone & oversold, perhaps it is due to the overhang of warrant converter share , price factor of private placement as mentioned by someone etc etc..everybody can only guess. Just pray that price dropping will terminate here and turn up trend next week with so many good news being annouced.

https://www.techinasia.com/tencent-overseas-investments

https://www.techinasia.com/tencent-overseas-investments

Just my personal opinion ,please analyse and make your own decision after deep study

If got confidence with Tencent cloud as partner , why buy one GP but can dapat two warrant instead. Price rise should be proportionally as premium gap almost close now , should maximise the profit return on our limited capital

https://www.thesundaily.my/business/green-packet-diversifies-into-cloud-computing-solutions-KY2515297

With all the good news announcement at the same timing and complete sale of the listed warrant converted share (Hopefully 10th June is the last batch of listing), my personal view is very good chance to rise again..let the sifu market tell us the trend next week

The normal norm in stock investing especially in Malaysia market is buy on rumour sell on fact..if Tencent china is in the picture then it should be excellent for the stock price ..

With all the good news announcement at the same timing ,high chance will rise up next week..

https://www.theedgemarkets.com/article/green-packets-kiplepay-awarded-visa-principal-issuing-licence-joins-visa-fintech-fast-track

Absolutely agreed , in fact most of the investor who bought last 2 weeks during the fall down and hope for a rebound is being grilled & tortured by the banker

Today new listing seem to be well absorb..with the good news next week, everybody heng ah , huat ah , wang ah...

Yes , the warrant will close the premium gap eventually

The fact is the warrant share float in the market is reduce after the exercise and if the company is heading forward to secure those mega project , once investor confidence back to the company after the settlement of fund raising then the share price will rise again .

The banker push up the mother share price to exercise the warrant to raise fund for working capital for future expansion project in 5G , digital bank ..it is sort of corporate exercise

Today candle is a doji morning star , could it turn up and rise like sun ...hope it bring new hope to all GP investors

Hopefully today banker will push up the warrant price to narrow down the premium gap

https://klse.i3investor.com/blogs/vitaeventure/2020-06-01-story-h1507952927.jsp

https://www.bbc.com/news/world-asia-52845015

https://www.klsescreener.com/v2/news/view/683437

Good news again, just imagine if all the government schools in Malaysia employing Kiplelive thermal scanning system at reopening of school.. .this kind of business is benefited most during Pandemic crisis beside Glove production

With these few pieces of good news, foresee a trend reversal tomorrow.... just monitor on the price movement for the reversal confirmation

https://www.soyacincau.com/2020/05/20/chinese-telco-group-to-partner-with-green-packet-and-xox-to-roll-out-5g

The share fall from a peak of RM 1.65 and 50% is 0.825 , will it form a support level from any stock theory? Any sifu please enlighten ..

This written article appear in a perfect timing should the mother share price start to rebound next week after it peak @ RM 1.65

Well written article on Gp warrant , let see how it react from the market
https://www.klsescreener.com/v2/news/view/683141

Strong banker support @ 29 sen in last week price down ..hopefully price will jump up with rebound in mother share

Both Green Packet & G3 Global will begin to rebound on next week as big leg collect a lot around RM 1.00 during the sharp correction .

The warrant holder can hold it for around 3 years till Nov 24, 2023 which is the last date to exercise the conversion

There are 2 side of a coin , supposing if most warrant being converted then the number of warrant remain in the market will be less and applying the demand & supply theory , the price of warrant will be mush easier to push up

https://www.klsescreener.com/v2/news/view/681465/green-packet-s-kiplelive-sales-soar

https://www.theedgemarkets.com/article/servex-partners-green-packet-distribute-kiplelive-solutions

With the previous record of success in 4G technology and cooperation with Tencent China the prospect of securing both the licence is indeed have good chance in the bidding process

I am buying on the son banking on the advantage of 50% discount on a conversion rate of 40 sen even if the mother share dun move & maintain @ RM 1.00 level . It will be extra bonus if mother share break up to TP of above RM 2.00 when secure both the digital bank & 5G licence

Mother maintain @ 0.9 , then son should be @ 0.5.. let c how it perform after holiday

So this round turn to push son to narrow down the premium gap ..any sifu got other opinion?

My gut feeling tell that this round they will push on warrant & mother price maintain around @ Rm 1.00

What trouble ? Please enlighten us...

Buyer come in last minute and look like banker want to push warrant this round..

Today is the best chance to buy

The intrinsic value for son is around RM 1.00 with today mother share price, imagine if mother price move up another round , the price gap discount for WB will be too irresistible to jump in