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Moolah
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Posting #101: Sat May 31st, 2008 07:02 |
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Just realised the price of GPacket stated in the below article...
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Saturday May 31, 2008
Goldman Sach sells Green Packet shares
PETALING JAYA: Green Packet Bhd shares, which had come under selling pressure recently, saw Goldman Sachs International disposing of 2.1 million shares from May 16 to 22.
Filings with Bursa Malaysia showed the fund disposed of 50,000 shares on May 16 when the stock closed at a high of RM2.76. It sold 800,000 shares on May 20, 457,150 shares the next day and 800,000 shares on May 22.
The share price traded between a high of RM2.76 to RM2.21 over that period.
The shares were disposed of in the open market. After the share disposal, Goldman Sachs’ shareholding was reduced to 16.77 million shares, or 5.1%.
Green Packet’s share price slumped to a 52-week low of RM1.77 yesterday.
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random
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Posting #102: Sat May 31st, 2008 07:16 |
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Sigh.. I'm hoping none of us have it..
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Moolah
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Posting #103: Tue Jun 3rd, 2008 09:38 |
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WOW!!!!!!!!!!!!!!
i just saw GPacket's price.... !!!!
Attachment: gpacket.JPG (Downloaded 25 times)
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Moolah
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Posting #104: Tue Jul 1st, 2008 05:49 |
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saw this article...
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Tuesday July 1, 2008
Green Packet expects better results in second half
KUALA LUMPUR: Green Packet Bhd is optimistic of a better second half despite weak first-quarter performance, says group managing director and chief executive officer Puan Chan Cheong.
He said there would be more positive developments for the group going forward as the poorer-than-expected first-quarter results (ended March 31) were mainly due to the consolidation of telecommunications companies in China and the delay in the issue of 3G licences.
“Last month the Chinese government announced the consolidation of six big telcos into three. While this process is being finalised, the Government has committed to issue 3G licences to the three new consolidated telcos. With that we believe the second half of 2008 will be better for the group,” he said after the company AGM yesterday.
Puan said the group was also diversifying its earnings base to mitigate the risk of over-dependency on any single market.
“A large portion of our revenue comes from China but we are working aggressively to diversify our revenue base to South-East Asia and the Middle East and Africa. Our investments in long-term sustainable growth and geographical diversification will ultimately bring good returns to the group,” he said.
Puan said the company was in the process of evaluating all investments in non-core associate companies.
“Should they have no long-term value proposition and contribution to the group, we will divest them,” he said, citing the company's recently proposed divestment in J&C Pacific Sdn Bhd.
Puan said the company was also re-evaluating its investment in GMO Ltd following the latter's first-quarter losses.
“We are working hard to see how we can improve the performance of the company or whether to rationalise our investment,” he said, adding that many mobile content and value-added service providers had been affected by China's recent regulatory change.
On the commercial rollout of WiMAX through subsidiary Packet One Networks (M) Sdn Bhd, Puan said the launch was slated in the third quarter.
“Our initial target was to launch the service by the first half but we felt there were areas we could do better based on our user trials and testing. Hence, we decided to push the commercial launch to the third quarter,” he said.
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we shall see.
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Moolah
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Posting #105: Fri Nov 14th, 2008 12:02 |
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Moolah wrote: saw this article...
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Tuesday July 1, 2008
Green Packet expects better results in second half
KUALA LUMPUR: Green Packet Bhd is optimistic of a better second half despite weak first-quarter performance, says group managing director and chief executive officer Puan Chan Cheong.
He said there would be more positive developments for the group going forward as the poorer-than-expected first-quarter results (ended March 31) were mainly due to the consolidation of telecommunications companies in China and the delay in the issue of 3G licences.
“Last month the Chinese government announced the consolidation of six big telcos into three. While this process is being finalised, the Government has committed to issue 3G licences to the three new consolidated telcos. With that we believe the second half of 2008 will be better for the group,” he said after the company AGM yesterday.
Puan said the group was also diversifying its earnings base to mitigate the risk of over-dependency on any single market.
“A large portion of our revenue comes from China but we are working aggressively to diversify our revenue base to South-East Asia and the Middle East and Africa. Our investments in long-term sustainable growth and geographical diversification will ultimately bring good returns to the group,” he said.
Puan said the company was in the process of evaluating all investments in non-core associate companies.
“Should they have no long-term value proposition and contribution to the group, we will divest them,” he said, citing the company's recently proposed divestment in J&C Pacific Sdn Bhd.
Puan said the company was also re-evaluating its investment in GMO Ltd following the latter's first-quarter losses.
“We are working hard to see how we can improve the performance of the company or whether to rationalise our investment,” he said, adding that many mobile content and value-added service providers had been affected by China's recent regulatory change.
On the commercial rollout of WiMAX through subsidiary Packet One Networks (M) Sdn Bhd, Puan said the launch was slated in the third quarter.
“Our initial target was to launch the service by the first half but we felt there were areas we could do better based on our user trials and testing. Hence, we decided to push the commercial launch to the third quarter,” he said.
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we shall see.
Let's see... GPacket announced its earnings... and more losses!
Green Packet Bhd (0082.KU) - Malaysia
3rd quarter ended Sep. 30:
Figures are in Ringgit (MYR).
2008 2007
Revenue 18,172,000 29,413,000
Pretax Profit (10,784,000) 6,877,000
Net Profit (10,289,000) 6,606,000
Earnings Per Share (3.20 Sen) 2.10 Sen
Dividend Omitted Omitted
9 months ended Sep. 30:
Revenue 62,961,000 96,377,000
Pretax Profit (19,236,000) 30,649,000
Net Profit (17,911,000) 29,882,000
Earnings Per Share (5.50 Sen) 11.70 Sen
Dividend Omitted Omitted |
And what was the boss saying???
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Moolah
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Posting #106: Mon Nov 17th, 2008 00:53 |
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Green Packet reports RM10.29m loss
Published: 2008/11/17
GREEN Packet Bhd (82) has reported a loss after tax and minority interest of RM10.29 million for the third quarter ended September 30, because of higher operating costs incurred to roll out WiMAX services.
Revenue was also lower at RM18.17 million.
While investing for future growth and sustainable shareholder returns, the Green Packet group is diligently streamlining its operations to enhance capabilities and effectiveness at regional level.
"We are optimistic about our longer-term prospects for both our business pillars and our clear leadership in the WiMAX space," group managing director and chief executive officer C.C. Puan said.
WOW!
Comeon... still optimistic about long-term prospects????
How long have you been saying this already? 
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