Optimism is good..but not too much

At first it was 200k target for end of this year. But Michael Lai mentioned 160k in his interview. And now 200k again 'on track'. Somehow i dont trust these guys.

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Added on November 13, 2009, 11:04 amAlso it was earlier said that they should be profitable by first quarter of 2010. Now it is 'second half of 2010'. They keep changing the goalpost.

This post has been edited by Starbucki: Nov 13 2009, 11:04 AM

Changing goal post never mind, making losses also ok for initial period, but immediate concern is the cashflow position.

As cash drain for capex is pretty fast.

Now they want another RM400m for their capex to be funded through vendor financing, borrowing, and a 10% private placement. And this comes just after their recent rights issue.

At this rate they are burning cash, i cannot see how they can sustain in the longer term.

yep ur right but at same time I hope ur wrong....

The thing is Malaysia technology moves very fast.

China just started 3G and US just launches 3.5G, but we are moving into 4G ( WIMAX ).

But the connections in many parts of Malaysia still having 3G and below. I had a seminar in SC 2 days and the connection is EDGE , occasionally 3G ( CELCOM )

So you need to go to the centre of gravity to experience the full impact or benefit. I had full 4 bars at Celcom office and the speed is fast.

So I expect the technology works the same for every service provider here.

Correct me if I am wrong.

This post has been edited by SKY 1809: Nov 13 2009, 12:24 PM

If you fight with fixed line broadband, you talk about speed. If you fight with wireless you talk about coverage. GP is fighting Streamyx in price but not fighting hard enough to capture mobility.

If you are GP subscriber you will notice that not everywhere you can go online with your Wiggy, but almost everywhere you can go online with Maxis/Celcom.

If you have registered with GP service and you cancel the service within the trial period, they promise to return you $ within 1 month. In actual fact, it will take 3 months at least. Talk about cash flow problem....

Weird...with a bad 3Q report price still up.

I am using the new P1 wimax right now (Just got it an hour ago , got home plug in walla its done) . Its totally beautiful , easy set-up , fast subscription , good and stable connection . Didn't need to do any adjustment like placing the receiver here and there ! Wooohooo love it !

As part of P1 share holder , I am supporting my own product .

at same time I bought in YTLE shares

OFFICIALY POTONG-ED !!!!

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Added on November 13, 2009, 4:55 pmIf you are worried that Gpacket is not as good as they promise . I am aware as well , we cannot take into mere news and TEMPTING promises by CEO .

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Added on November 13, 2009, 5:13 pmThx for your feedback , just read it . Will reply later . Nice facts you have there sir .


This post has been edited by Investing11111: Nov 13 2009, 05:13 PM

If things are so easily as potong as per advertisement, then there is no justification to delay the forecasts of better results.

Unless, you are saying that the response is so well that they have to pour more money for Capex.

The 200,000 fig is yet to break with that SAW, shifting the goal post to future date is a clear signal of their achievements. And the slow in refunding from one month to 3 months indicating that there is a big backlog, not discounting the cashflow issue.

The bottom line, the results ( financial reports ) would speak for themselves.

This post has been edited by SKY 1809: Nov 13 2009, 07:27 PM

This bandwagon is quite impressive in the last 1 mth. Shares thrive on theme and hope. Imagination is the limit. subscriber growth will be the most important indicator determining the share price. Good luck.

TheTechie

Thx for your point of view .

1. 15Th Nov , Streamyx Ceo Zam had announce they would invest more in HSBB , instead of jumping in the red ocean to stir mix in the wireless broadband . Sadly HSBB investment would cost 4x more to provide high stable connection . They had even hire professional to state a price to charge for the better service by time they would be lacking out already . The main problem I see is , the leader of TM is weak and secondly crucial they don't understand the simple geography problem they are facing . If TM were THE FIRST TO BE PROGRESSIVE to bring in new wireless wimax to untapped customer they would totally dominate the whole Malaysia internet connection business ... Sadly CEO is weak and unprogressive . It would really destroy them if they try to jump in the wireless business even tho backed by goverment fundings , firstly people jump off from streamyx to potong because they were very disatisfied with their service ..and if they put their head to something new instead of fixing the first problem they will never get anywhere but instead more PROBLEMS . One side drowning one side burning . My conclusion is still , leadership is weak .


http://biz.thestar.com.my/news/story.asp?f...35&sec=business



2. Return don't come instant in 1-2-3 years , go check on Maxis , Astro and the rest similiar like business concept..when they started out . It started out with paying expenses ..every business is the same , the main point for these similiar like business is to build a massive subsriber base FIRST!!!! before reaping monthly reward . Its their main incentive even giving out free modem or free phone . Do the calculation . To say a fierce market , i think its fierce because P1 is lashing out at everyone with stationed booth everywhere for easy subscribption .. They are really fierce :S They are everywhere . Now my mind is thinking , broadband = P1 , f**king sh*t broadband = streamyx

3. Do the research properly , go check on how much Gpacket spent on expenses already and the new fund they accumulated and THE MOST CRUCIAL part ... do you have any idea what is Gpacket main business? They build the modem and selling it to P1 for a long time debt which is their most powerful edge right now . To have experience in the receiver and mother company selling it to P1 branch for long time debt . Imagine you're a company that does servicing and at same time you have copper company , you will dominate the market with pricing . If you don't understand what I am saying please feel free to ask .


4. I think goverment limited the license so that supply for the license is low and hence demand for it will be high and when that happen , "they" can sell to "Bah Kut Teh Eater" in a high price .. cause "Bah Kut Teh Eater" can never own any license unless buying it from "they" who can get it easily but don't know how to use it . Same as AP... I hope you get the idea we are at a fair country . Imagine 100 "Bah Kut Teh Eater" company go tender for the job to provide our country's National Service uniform bed and stuff... we will never get it , instead "they" get is easily and will come up with a deal that "they" will sub the job to you and "they" doing nothing will get 50% of the profit . Its funny ... Don't understand this one can ask me again too .

5.User won't understand these high defination terms , all they really care about is a easy setup and fast connection . The other day I went to sign up , the old uncle beside me seem to understand everything about wimax , given back then my mom don't even have a rough picture whats streamyx lol . Their campaign penetrated very well , ask the older folk ...when they hear Potong Campaign tru the radio , they get curious and start asking their kids whats that about . (Btw I bought two , the uncle bought two too .. one is never enough now ;D just like phone you want to own ur personal one .. and no need people to come setup and all the wire...bleh... just plug in walllaaa sending my reply in forum now you should really try )


Thx alot for your wish , defensive stock are for older age people ... I bought PBB and TOPGLOV because they were very undervalued during recession ... it ought to bounce back FIRST when the "water" settle down for a bull .

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Added on November 15, 2009, 8:31 amI advice everyone to buy this stock now and hold it till YTLE make a movement , then sell it and re-buy back again when the price fall lower due to YTLe movements . That way you can maximize your profit . Its a simple relativity by George Soros .

But if you're unsure when to make the kill or move do it Warren Buffet way , buy-and-hold tru the up and down !

If i were to be asked the estimated price it would go . Rm4 .

And the future price of it would be depending on the CEO , gpacket leader is really powerful and good .

This post has been edited by Investing11111: Nov 15 2009, 08:31 AM

One common problem that small investors face is :

When listed co need their strong supports at the time these companies are either losing money or need lot of money for Capex.

By the time ( after 2 to 3 three years ), when the returns are attractive, these companies would trying their very best to take them into private and reap the benefits behind the closed doors. They do not even want you to enjoy good yearly dividends like PBB or PPB, for example.

Maxis is a good example. Are they so kind enough to buy back you from at rm 14 and now selling back to you at rm 5 ? Check the dilutions. And the major shareholders themselves need tonnes of money to inject into their other business ventures.

Who cares ? So long you are not losing money, at best it is a just paper loss somewhere.

Judge your own.

This post has been edited by SKY 1809: Nov 15 2009, 03:10 PM

Sorry, may I know which stock are you referring to?

...................Obviously.... Gpacket?....

I thought it is MAXIS,

Even Ah Peh and AH Mah would tell you to buy MAXIS.

The choice is still yours.

This post has been edited by SKY 1809: Nov 15 2009, 09:06 PM

Are GP spend their money to widen their coverage??

Our telecommunication is entering a new age of intense competition among different players, both incumbent and new comers, when we see an upgrade in the IT platform of our country. The collision between computing, communication, internet, mobile phone industries will ultimately result in a few winners and losers. Losers will see share price decline rapidly. But as the game has just started, the theme for 'goreng' is there.

Think out of the Box.

Google knows better what the whole world really wants bcos they capture tonnes of data, and they analyse them.

Windows could be sun setting in the future. Windows Mobile could be the first.

Microsoft has been pushing the world to turn, according to what they want, forever ?

Telecos could be very powerful if they mirror Google.

i think this Green packet is more on speculate then value.....hoping for its to growth ....and is YTLE already jump in to be the competitor???