budget might have goodies for internet providers / telecommunication companies ?

http://www.btimes.com.my/Current_News/BTIM...ttelco/Article/

'Govt proposes individual taxpayers be given tax relief on broadband subscription fee up to RM500 a year from 2010 to 2012. '

this might be the only positive news for broadband player i.e Gpacket. Keen to see how it react to this news next monday. but I not really expect so much.

This post has been edited by shahmh: Oct 24 2009, 01:41 PM

Yeah, I think the investors have already priced in the possible good news for broadband players.

wah this counter keeps on going up - when to let go ah ? 70 cents to today 1.03 ?? how high can it go somemore ?

this u must ask Neo18 Neo18 where r u~~~ need ur guidance on when this stock lost it steams

i'm selling my warrant first... don't be too greedy

sell 20% of your holding is best..

Is the move coming to the end.
I think the move will continue for another day or two... get ready to run
k

Next target to sell when mother share touch 1.1!!!

PETALING JAYA: Three of the four WiMAX licensees have been slapped with fines for not rolling out their networks on time, industry sources said.

The Malaysian Communications and Multimedia Commission (MCMC) is said to have issued letters on the fines to the WiMAX operators more than a week ago.

The players fined are YTL e-Solutions (RM1.9mil), AsiaSpace (RM1.7mil) and REDtone International (RM200,000) for failure to meet the 25% population coverage by the end of March.


This a good news for the Gpacket...It will achieve RM1.10-1.120 by the end of this year 2009.

it is already touching 1.10 today!!!

IMHO, Gpacket should be ok. They were once on the radar on the foreign funds. Having gone through some right issues and placements, this Co IMHO won't be in distress (at least in the short term) and as such holding on as a
long term investment should be a good strategy. But the choice is all yours !
GOOD LUCK

Neo..seem that you can celebrate New year (2010) early ..

This post has been edited by shahmh: Oct 28 2009, 10:11 AM

Hopefully to all GPACKET shareholder

hold longer term ? whats a reasonable TP seeing as the price now is 1.10 ? it has already crossed my $1 TP ...... now see how far greed can take me

Think can easily touch 1.20. Hope it's a green green day!

This post has been edited by enji: Oct 30 2009, 10:28 AM

This counter has gone up way too fast, too high. I'm feeling quite uncomfortable.

i feel greed on one hand, i feel confused on the other.
I'm totally is in the dark right now on what to do!!!

This post has been edited by Neo18: Oct 30 2009, 12:23 PM

sell partially

you get to sell at high, at the same time you get to lower down your cost (with your profits)

win-win

Its WA is going to fast and too near to its mothershare, only 30+ cents difference only (70+ cents for WA, while mothershare stuck between 1.0x-1.10), in this case, WA becomes less attractive and little room for upside if its mothershare doesn't move too much.

If warrant price is too near to its mothershare, it doesn't make sense to own the warrant, as you get little gearing effect from it while need to pay premium on it

So either one needs correction, be it mothershare goes up, or WA goes down.

- it's WA is for 5 years
- if converted, 0.95 +0.72 (base on current rate) = RM1.67
- do i think it will reach 1.67 in 5 years time? yes


so i'm confused to either sell my mother share or my warrant!!!

If after 5 years, it can reach 1.67, then current your mothershare or buy the mothershare, you still earn profit out of it as same with WA, but need a bit higher capital with mothershare, not too high though only 20+ cents extra.

If after 5 years, mothershare still remain at 1.10, then you will lose a lot on WA, if you bought now or at current price.

If after 5 years, mothershare lower than 0.95, you lose everything in WA, but you just lose about 20 cents with mothershare.

Warrant give you short term leveraged, but for longer term like 5 years with warrant expiration, you will lose the premium of your warrant paid. But you need lesser initial capital.
Keep mothershare and sell warrant give you better protection on the downside but lose out the gearing effect. But in this case gearing is not much.

So it depends on individual strategy.