Thrive with Digital will also feature special addresses from key government officials as well as Green Packet’s cloud and artificial intelligence (AI) technology partners. This event is on the 18th Aug. Will be observing whether Tencent personnel are there. Seems to be making cloud computing the core business.
1. Not 100% sure but it should be part of the requirement from BNM, a company need to be in heathy (with x net cash) to apply for Digital Bank license
2. Under RMIT requirements, a financial institute need to keep the financial data in: a. Local, 2. Secure location (at least Tier-3 DC or Tier-4 DC)
3. Currently only Alicloud have their DC in Cyberjaya
For GP, the strategic consideration for them to build the DC and the acquisition of eKYC and even partnership with Tencent now might be;:
1. Applying for Digital Bank license 2. Provide Tencent Cloud in a local DC 3. If (1) failed, turn around to be service provider to the winner of the Digital Bank for local DC + eKYC + any related technology from Tencent WeBank
GP is in a good financial position to do all this now.
Also, there might be some hidden forces that is pressing down the price which to me, it’s a good sign. BNM will not in any rightful mind, award the Digital Bank license to a goreng counter. Have anyone see any bank counter is a goreng counter ah? It’s best to let the price go up slowly.
This is just my personal analysis and observation. This is purely common sense and what is logical given what they had been doing over the past two months.
First thing 1st. In the event would not have any foreign representative. RmCO la. So probably will be an online virtual signing ceremony. But for sure will be 2 locations in same time.
@Wolfidea, do not confuse other if you do not have accurate information
Event date: 18/08/2020 Location: KL Hilton Science Minister (Khary) will attend If interested, can apply for invitations (offline or online). I applied online/virtual participation.
Tell u guys a secret,do u guy notice why kiple product slow and having some error,this is because they waiting the good cloud to be their fundamental so that they have no obstruction in long run...now they can go faster and even further
Many bought 2 days ago at 53.5sen, today due. This news can only push it up gradually; not limit up. Need patience for surprise announcements to gain materially.
Big players always react to such historical data to bring down the price and collect. Everyone knows GDP for Q3 is better than Q2. Next week KLCI up again and forgets about Q2 GDP. Without such daily news, we can't buy low, sell high.
If GP will announce on Tuesday the PP price will be of recent 5 days average, then for now it's 58 sen that they will have to maintain till next week. The earlier news of 52 sen was just an illustration.
The cloud partner are the one always low profile. Find out the Top 5. Who do things quietly. Then it will be the one that work with GP. Not blow up big big to tell the world how good they are. So wait . Hold I guess. Monday will be slight late to enter. Offcourse. Only my opinion.
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....
soonli
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Posted by soonli > 2020-08-14 08:13 | Report Abuse
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