///EXCLUSIVE FREE VERSION COVERAGE/// - GPACKET - Published 09/01/2021
TICKER PRICE DURING REVIEW: RM0.385 per unit share.
___ GPACKET (0082) - Possible Bottom Fishing? ___
Perak
Government e-wallet is white labelled from Kiple; Setel (nationwide) in
Petronas also involves Gpacket; these are just some of the business.
Digital banking would be another norm, Malaysia's digital banking is not
to supplement Traditional banking, it would rather be to target rural
consumers.
Ask
yourself this question, go do some digging and you will find that
Gpacket is well positioned within its target audiences outside of the
urban areas. Combine that with the linkage with Tencent to enable mass
penetration, only time will tell whether CC Puan has the capability to
walk the talk.
Fundamental wise for FA,
although it has been loss making, the scenario when it returns to black
with organic growth (without Goodwill / Asset selloff), will definitely
spur this counter to new heights; the par down of debts by selling
stakes to TM is another good move as the company move towards
asset/liability light momentum alongside involvement of G3. Cash flow
albeit is not nett cash, remains understandable for this segment of
industry as a rebranded company building trying to build grounds.
Technical wise for TA,
this counter is close to 52-weeks low (0.38), well positioned to in RSI
(oversold @25.47), Outside of Bollinger Bands (-5.44% deviant), anytime
could form golden cross alongside 50/100/200 SMA, once breach one will
be looking at 200% upwards gain.
Speculation wise for SA,
CNASIA has revitalized the Digital Banking talks, although they have
effectively shot themselves on the foot with limitation of market via
gender restrictions, you can see their chart that its clear that its a
'Buy on rumor, sell on news' kind of pump & dump. When the whole MCO
hoo-haa dies down (which in my personal opinion its just a mass fear
event which is unwarranted, as we will NEVER go back to the style of
lock down in March 2020), and Digital bank talks resurface, you will
have to gauge whether the risk is worth the downside or not.
https://www.theedgemarkets.com/article/cn-asia-slumps-2119-rm185-profit-taking-upon-resuming-trade
I
hope this brief encounter and my brief resurfacing will guide my
learners and inner circles on the risks ahead. Please be reminded to
perform all form of due diligence in regards to trading/investing. There
is NO AND NEVER WILL BE a BUY/SELL call or any form of TRADE calls in
public forums from me or my followers.
Please
do not PM me requesting to join group/telegram/facebook, it is STRICTLY
selective and only traders/investors with proven track records will
receive invites. All unknown requests will be ignored. Thank you.
Labels: GPACKET
https://klse.i3investor.com/blogs/fchungblog1gpacket/2021-01-10-story-h1539263207-_EXCLUSIVE_FREE_VERSION_COVERAGE_GPACKET_re_Published_10_01_2021.jsp
