Hi guys...

I believe everyone realized that the market has been in bad shape lately...probably due to political issues - political instability scaring away the foreign funds?

I bought Gpacket some time ago at 2.20...and now it's 1.02...
I'm involved in some brief technical analysis stuff and found that we're still far away from a rebound...Anyway, as history suggested, the deeper the fall, the more significant the rebound is, we just hav to wait (if u have never thought of switching to other counters )

We all know that Gpacket announced some losses in its financial reports lately...the problem is, most analysts believed that the company will be making losses in the near future due to the fact that they're investing in its WIMAX project (advertising cost, bla bla bla)...Agreed?

Intel invested in Gpacket (50 mil) and I understand that this could be more like R&D cost for Intel - so that they can further develop their chips (just my personal opinion) and this might not have attracted buyers.

As for the disposal of stakes for Goldman and the big guys...Well...My idea is...these guys are one of the best investment firms in the world, quality is all that matters...There are millions of companies in the world, and thousands of counters listed on Bursa, why Gpacket? when they know that there are better companies out there....
So when the big guys are disposing their shares, it doesn't really mean that Gpacket is in trouble (or it could be , anyway no one knows)

To sum up, I'm on the side of believing Gpacket has got the potential in bringing u some good profits, it's just a matter of time...

Appreciate advice from anyone...

Thanks heaps

The most recent one was a bonus issue and consolidation of shares...U may check out the announcement under Bursa to get more details...

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Added on July 5, 2008, 2:33 amNeo18, i missed that out on the previous reply...u might wanna check out the financial statements under the Company's Annual Report...from there u can find out bout the ratios or figure stuff...

Cheers

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Added on July 9, 2008, 11:59 pmHey guys...i'm thinking of getting some gpacket stocks....any advice?
Public Mutual recently launched a new fund related to telecommunications and infrstructure....does tat mean the financial analysts actually see the potential on telco? what bout Gpacket's potential in relation to this?

Cheers

This post has been edited by dcyc: Jul 9 2008, 11:59 PM