Dear Fellow Investors, some people might not like my straight talking style. I tell it as it is. I had made a mistake earlier today and I took losses as well. I am open to admit my mistake. I’m not encouraging readers to sell so that I can collect, but I’m trying to prevent another painful round of losses. 45s is based on my knowledge. Good night and good luck.
Please guys i sold mine this morning Told my friends to sell too but all laughed and said i sohai And now the grp chat has gone quiet because i know some of them went all in
The reason i sold is there’s no near term catalyst anymore, this tencent cloud thingy does not generate profitability in the near future
Cut your losses or take profit asap. If the company looks good again you can always buy back again
Do you guys even know what is Tencent Cloud...the tech industry here dont use it...people use AWS or GCP
Alicloud is not bad too but ppl has security concerns due to its country of origin. Tencent is a much smaller player in the cloud services arena. My guess is they couldnt find anyone else to partner so they had to choose this REDpacket.
Do more research on Tencent cloud...check out its market share....mostly in China
To raise up to RM99m via 10 % private placement to fund cloud business at 52 sen per share . The share base is balloted another 10 % and obviously the investor shy away and frustrated from the proposal of enlarge the share base again and again
adui~ alphie dan GPACKETInsider lu orang terlalu obvious la kalau i taukeh goreng kamu, sudah sack lu hahaha, buat gelak tak apa, u buat orang takut, i sama-sama kumpul stocks bikin warehouse sekali
jangan kejam sangat, ikan bilis dan kaki contra flush out cukup la, sini gpacket punya mid term dan long term kaki u pun mau kasi dia orang keluar. adui~ tamak betul
Ten cent cloub business is a platform people is trying to avoid currently. But the 10 % private placement price at 52 sen option is a disastrous for minority shareholders.
Finance - No looking back as pace of digital banking accelerates.
One of the biggest opportunities to come out of the Covid-19 crisis is the rapid uptake of digital banking. Stay-home orders have compelled many customers to start using online financial services. And this shift is unlikely to reverse, especially with digital banks coming on the market as early as next year.
The big leap has come for digital banking. Banks are now focusing on digitalisation, recognising that this is the only way forward.
people easily get trapped by its bright outlook but think deeper ma. its products and offerings can be provided by other companies too.. greenpacket not tencent, amazon nor microsoft folks
Yupe, you want to use google cloud or tencent cloud all just available and up to the customers their choice. Unfortunately gpacket not the service providers, they are just customer who need to pay fees to tencent. Tencent untung gao gao
the results from now until 2022 will be making losses due to buy data center and servers so the share price will go lower until 2022 if you want buy, wait for 2022 then buy
goreng counter, pity those retailers sighh , you could have earn much more in healthcare or tech stock. Goreng counter only 20% retailer can win money, wake up la, stop greedy in this shares.
I have been watching the modus operandi of Gpac. I have the feeling that the 10% PP is placed out to market operators link to CCP. They need to pump and dump the 10% out to retail investors . That I think they have do so from this round . Another thing , they need to keep the price control for the next PP placement below 0.60cts, possibly to the same market operators.
Though the business potential is good, we can only see the price moving up once :
a. The PP price is fixed . b. the second half result is out
In the meantime, we can continue to see the same pump and dump exercise being done by CCP and gang, from the next 10.0% PP. Once that is sort out, we can only see the price moving up.
I do not think the 10% PP will be place out to long term investor but to syndicate operators.
If you can hold between 3-6 months, you can expect good return and if you can't get out.
future is digital world. Data is the most value item, people now look funny say con this and that. Just like past 20 years, people look at Jack Ma like a joker. Company now also start buying database. Who got the most complete detail of audience will earn their pocket. However, understand that Tencent will take care of the cloud business, and GP just support and infra. But as a profit sharing parties, company will growth. Just it need time. Now 0.6 you say con expansive, but who know this is the next blue chip
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....
Jackthejeep
258 posts
Posted by Jackthejeep > 2020-08-18 23:28 | Report Abuse
CCP treats investors like disposable ATM, con all investor money instead of gaining their confidence in the "Hidden Gem"
CCP only puts his wallet in front instead of the wellbeing of the company, disgusting