sold 10000 unit of Gpacket - WA @ 0.815!!!

still got another 18000 unit

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Added on November 3, 2009, 12:08 pmsold another 10000 unit @ 0.90!!!

still got another 7800 unit!!!

will wait for RM1.00~!!!!

This post has been edited by Neo18: Nov 3 2009, 12:08 PM

Wahhh Neo~ SO greedy =.=!!
RM1 on gpacket-wa =.= possible meh?
I see the mother share and it wa, seem ... like ... too near

This post has been edited by shoduken: Nov 3 2009, 12:16 PM

losing steam liow!!!

I'm sorry to ask this silly question, but I'm very confused with the free warrants that I'm holding now, this is my situation:

1. Was holding 20000 units of GPACKET
2. Took the rights issue offer, and applied for additional rights, now holding 31000 units of GPACKET and 11000 units of free warrants.

Now, my questions are:
1. How do I exercise the free warrants? Filling out forms etc?
2. Can I sell the free warrants instead?
3. If I can sell the free warrants, does it mean GPACKET-WA is the counter that I should look at for prices?
4. Does it mean, if I sell all 11000 units now (@0.865), I get RM9,515 profit just like that? Getting almost RM10k profit for free? That's too good to be true, that's why I'm confused.

Need all experienced Dai Go's to enlighten me on this... thank you in advance

Answer:-

1. you already got the free warrant. If you are using internet trading, check under your share portfolio. It's there already
2. Yes, you can sell!!! you are lucky you ask right now. price is good if you wanna sell
3. you have to look for GPACKET_WA. yes you are correct
4. Yes, you will be getting RM9515!!! that is true and u better believe it!!!

Geez, that's for real indeed...
Will it incur any extra costs other than brokerage fee? I won't have to pay the exercise price of RM0.95, will I? Since I'm not exercising it, but selling it?
Meaning, RM9,515 - brokerage fee = TAKE-HOME NET PROFIT?

Thank you so much, Neo, wish you day day make profits, year year buy new house

This post has been edited by wiiwangwang: Nov 3 2009, 01:33 PM

yes.. ur calculation is correct..
you can decide to take profit now.. price is very attractive

Understood now, thank you sifu Neo.
Yeah, looking forward to the right price in afternoon session...

Looks a bit scary when it goes up so high, thinking of selling off mother share

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Added on November 3, 2009, 2:45 pmJust sold the mother share @1.25, giving me 48% of profit. It rises so fast, and I'm afraid to keep it.

This post has been edited by enji: Nov 3 2009, 02:45 PM

What's driving the shares? Are they buying in anticipation of a record 3Q report?

Cannot tahan any more to see it shoot up, sold all my warrant today at 0.90 for holiday to PD Lagend water chalet resort this coming school holiday ...worried it will happen like my other share..licking the dust!

seems like still got a lot of upside wor ..

yap ! but i still keep the mother share.

Disposed mine @0.94, now solely riding on mother share, thanks again, Neo

big rise today - so si fu, si fu sekalian - what is the TP to sell ?

Anyone here using OSK Online trading? dont know what is happening.

Please be informed that the online trading portal www.osk188.com ("Portal") will be immediately shutdown from 12.30pm, 5 November 2009 until further notice.

You will not be able to transact any orders via our online trading portal. All orders and any trading transactions are to be placed/conducted manually i.e through your Dealer’s Representative via the telephone effective immediately. Kindly contact your Dealer’s Representative and/or your respective branches should you need further assistance on your trading account and/or transactions.

Finexasia shall not be held liable for any direct, consequential or indirect losses or damage (including loss of profits, trading losses and damages) arising from any inconvenience, delay or loss of the use of the Portal and/or any matter incidental thereto.

Any inconvenience caused is sincerely regretted. In the meanwhile, we wish to thank you for your continuous support.

This post has been edited by Alan Soo: Nov 5 2009, 03:34 PM

Was lucky i went in today at 1.28....hoho2......

So long didn't see NEO, i think he busy counting his money =P

sold GPACKET mother share 10000 unit @ 1.48 this evening!!!!

This counter is going to make me very rich!!!

Amazing run by GPacket. Congrats Neo!

U already pocket in RM50K.. nice...