GP dispose of it's G3 global to TM { company unable to finance and lack the means to undertake the venture } last year rumors of a China based tech company acquiring GP 6 % private placement rumors of Tencen ( Sept 19 ) was widely circulated. It turns out the placement of the 6% was acquired by a private equity company based in Singapore { not the China tech } Kendall Singapore is a company operating in the Republic. The private placement price was not disclosed
Few counters have emergence of China investors counterparts. The corona impacted the Chinese market to the extreme and they are slowly rebuild another harbour in oversea market which GPacket will see the potential in Malaysia.
Got to be patient with this counter. From 1st July till today this counter had not close below 50 cents. You can check and see. Intra day, when it goes up a few cents, there always appear to be a massive seller that will throw down - But always collect back. I belief that this people with inside knowledge are just making some short term gains while accumulating for the big push when annoucement of cloud venture with Tencent is made. Just don't play contra and pick up in the red.
is GP biz in USA affected because GP do biz with tencent? KLCI pares loss, volume soars to 12 billion shares as regional markets tumble on US ban of China’s Tencent, ByteDance
you guys just need to understand few things. 1) GPACKET is turning around the biz and focus on wins 2) Malaysia still in the infancy of digitilisation and GPACKET will benefit from this 3) GPACKET is building it ecosystem on proptech to position themselves in the fintech biz, they are all link to each others. This is the growth segment, if don't invest in this invest in what?
forget about the losing money GPACKET in the past..this is going to be profitable company and GPACKET at this price is super cheap...NOW but not for very long
Green Packet Berhad ("GPB" or "the Company") wishes to announce the incorporation of a wholly-owned subsidiary, Green Packet Cloud Sdn Bhd on 7 August 2020 with an issued share capital of RM1,000,000. Green Packet Cloud’s principal activity is provision of cloud computing, telecommunications and internet services and products.
What is the difference between investing and speculation?
Benjamin Graham addressed the differences between them on the very first page of his book, The Intelligent Investor.
Graham wrote, "An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return."
Based on this definition, there are three components to investing:
thorough analysis,
safety of principal, and
adequate return.
Graham added, "Operations not meeting these requirements are speculative."
To this, we can add:
(1) Any contemplated holding period shorter than a normal business cycle (typically 3 to 5 years) is speculation, and
(2) any purchase based on anticipated market movements or forecasting is also speculation.
Value investing meets Graham's definition of investing, addressing on: its focus on individual company analysis to determine intrinsic value, the margin of safety concept, and its success over the long term.
The distinction between investing and speculation is important for a reason Graham cited in 1949 and remains true today: "... in the easy language of Wall Street, everyone who buys or sells a security has become n investor regardless of what he buys, or for what purpose, or at what price...."
The financial media often refers to "investors" taking profits, bargain hunting, or driving prices higher or lower on a particular day. However, these actions are rightly attributed to speculators, not investors.
Investors and speculators approach their tasks differently.
Investors want to know what a business is worth and imagine themselves as owning the business as a whole. Unlike speculators, investors maintain a long-term perspective—at least 3 to 5 years. They look at a company from the perspective of owners. This means they’re interested in factors such as corporate governance, structure, and succession issues that may affect a company’s future and its ability to create wealth for years to come. Investors may use their voting rights to assist in enhancing company value over the long term.
Speculators, on the other hand, are less interested in what a business is actually worth and more concerned with what a third party will pay to own shares on a given day. They may be concerned only with short-term changes in a stock’s price, not in the underlying value of the company itself.
The problem with speculation is simple:
Who can predict what a third party will pay for your shares today, tomorrow, or any day?
Stock market prices typically swing between extremes, stoked by the irrational emotions of fear and greed.
Focus on the long term business value
Such dramatic price fluctuation on a day-to-day basis can test long-term investors’ mettle in maintaining their focus on business value.
Remember, the tendency is for business values day-to-day to remain relatively stable.
Day-to-day price changes should hold little interest for the long-term investor, unless a price has fallen to the “buying level” that represents a sizable margin of safety.
But that’s often difficult to remember when newspaper headlines, TV news anchors, friends, and coworkers are lamenting or lauding the market’s most recent lurch forward or back.
OTHERS Incorporation of a wholly-owned subsidiary, Green Packet Cloud Sdn Bhd GREEN PACKET BERHAD
Type Announcement Subject OTHERS Description Incorporation of a wholly-owned subsidiary, Green Packet Cloud Sdn Bhd Green Packet Berhad ("GPB" or "the Company") wishes to announce the incorporation of a wholly-owned subsidiary, Green Packet Cloud Sdn Bhd on 7 August 2020 with an issued share capital of RM1,000,000. Green Packet Cloud’s principal activity is provision of cloud computing, telecommunications and internet services and products.
None of the directors and/or major shareholders of the Company and/or persons connected with them have any interest, direct or indirect, in the aforesaid incorporation.
The aforesaid incorporation is not expected to have any effect on the net assets and earnings per share of the GPB group for the financial year ending 31 December 2020.
This announcement is dated 7 August 2020. Hold so long already loh. Just be patient. Downside is only 3.5 cents. Cut lost if reach 50 cents. With the annoucement of the incorporation of Cloud subsidary, I believe the aggrement with Tencent should be soon, esp when Tencent share price got hit due to Trump. Tencent also wants to tell Shareholders that they get a foothold in SEA mkt - A infant mkt with regards to cloud services. Any offcial announcement of this clound shd send the counter limit up.
Actually really no point to argue. Trust then hold lo, don't trust then sell lo. Why keep on complaining not up, the price wont go up after your complainr. If you have faith in this co then just hold and wait.
Trader and investor have different view, if you are trader, I do agree with you may be really not for this counter, you can go for other cents shares rubbish counter can earn decent profit as mostly are shooting. While if you are investor you can see the potential of the business and future then you can hold and wait that's it.
If you analyse carefully, Green Packet already team up with tencent for e-KYC (Know your Customer ) and have acquired e-KYC specialist Firm Xendity for USD$10 million. You can read the following links and make your own judgement whether to hold or sell. Xendity is already working together with Bank Negara and several banks on digital verification of biometrics and documentation via smartphone. USD$10m for a 3yr old startup is no small change. Also the tie up with tencent cloud is probably geared towards the bid for a digital banking lisense. Puan obviously got his connections in his bid for digital banking lisence. Remember he got out of his internet service business by selling to Telecoms at a good price. Recently Telecoms again buy up the remaining shares, again at a good price. https://www.thestar.com.my/business/business-news/2020/05/13/green-packet-partners-tencent-cloud-for-e-kyc-offering https://fintechnews.my/24068/various/green-packet-acquires-ekyc-specialist-firm-xendity-for-us-10-million/
The financial media often refers to "investors" taking profits, bargain hunting, or driving prices higher or lower on a particular day. However, these actions are rightly attributed to speculators, not investors.
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....
stonkong
114 posts
Posted by stonkong > 2020-08-06 15:59 | Report Abuse
no seller how to has buyer? this is market Principe.