1. How does Wimax compare with 3G? If you think 3G is good, well, Wimax is actually 4G - it's like wireless ADSL.

2. How does Wimax compare with Wifi? Wimax has bigger coverage, faster and more stable. It also supports VOIP, which will be bundled by GPacket by the end of the year.

3. How does Wimax compare with Streamyx? It's wireless, which means you can be mobile - surf in a bus, etc. This also means you can roam, i.e. surf anywhere in Malaysia with Wimax coverage, and not just from your home.

4. GPacket is not only in the business of providing Wimax in Malaysia. It's also an "enabler" for Wimax services overseas. They've also spent a lot on R&D for Wimax CPEs (dongle, wireless base stations, etc) which they'll sell overseas. GPacket also has wireless solutions (e.g. for 3G) that is sold to telcos all over the world.

5. "...interest from debt". I'm interested to know where you got this info from. Because AFAIK, GPacket is in net cash position and the base stations were built from internal funds. Even their building at Jalan Templer was bought cash.

6. Did you know that P1 is used as a case study by Intel, etc. at Wimax conferences overseas? Because it's currently the most successful commercial Wimax service in the world.

According to Gpacket's CEO in an interview in one of the mags, they're on target to achieve 200,000 subscribers by years-end. The latest report also shows that revenue has increased because of subscriber growth, but loss has also widen because of the base stations that are being built, naturally.

These are 3 more things that I like about Gpacket:

1. The bulk of their cost is upfront, so while you can expect losses now, they will start to show profit once they're completed rolling out the base stations.

2. Intel will start building Wimax chips into laptops and PDAs by years-end or next year - that's when you'll see real subscriber growth.

3. Gpacket is expected to list P1.

Of course you can wait to play it safe, but it'll definitely not be at the current price level anymore.

Cherroy, the reason for the split is not because of cashflow issues. They can always use their pile of cash or raise through rights issues like recently announced.

The main reason is because of conflicts of interest, e.g. P1 competes with Maxis's 3G, but Maxis is a customer of Gpacket too.

They're losing money because of high capex from building base stations. This type of business, the main bulk of the expenditure is at the initial stage. Once they finished building, they'll have wide coverage and hence more subscribers.

By next year, Intel will be building WiMAX modems into laptops, PDAs and smartphones - that's when it'll really take off. Gpacket also has plans to spin-off P1 in 2~3 years time so it's a good long-term play if you can pick up at RM0.60+.

Emm... that's what I said above - GPacket plans to spin-off P1 in 2~3 years.

If you read the P1 threads in LYN, you'd realize that the service is not stable yet and there are still kinks to iron out.

You shouldn't compare P1 with YTLE because other than the service here, P1 has Wimax license in other countries and also their own CPEs will be sold to other Wimax operators.

Gpacket was once worth RM5+ a piece even before P1 existed. Their business came from network services.

Just checked - it will be credited by 10:30am today.

I didn't need to fill out any form at all. I just called Maybank Stocks customer service and inform them I want to subscribe to the rights, and made sure I have enough money in my account.

Neo must be very, very happy with the stock's performance the last 2 trading days.

I have 80,000 units of the mothershare at average RM0.67 after selling my 15,000 warrants yesterday at RM0.27.

Neo has much, much more and is a long-term investor of Gpacket.

My fingers itchy ...I'm not as patient as Neo. Should I let go some? Should I? Should I?

I traded all my Gpacket stocks for Msports today

Funny that nobody was talking about this stock when people like me and Neo were buying at RM0.60+ - I've sold all during the recent run-up btw.

As someone who's been playing this stock a looong time, I'd say be prepared to hold for the long-term. This stock fell off the radar of instituitional funds a long time ago (when it went as high as RM5+) and retail insvestors have other better penny stocks to speculate.

Gpacket is just a favourite goreng stock because it has relatively low liquidity. And you'll have to wait until these same sharks play the stock again.

P/S: forget about fundamentals. Malaysians don't trade on fundamentals, otherwise stocks like KNM would never have fallen to RM0.33!

Gpacket is in play. Future looks bright as Wimax phones and laptops will be launching this year. Talked to my bro in the US yesterday and he said Wimax is available everywhere ...even in Hawaii!

I've been working with the P1 marketing team for the last 3 years. During this time, the team I work with has changed 3 times.

Kinda sad if this company goes. His story is a true rags-to-riches story and how he rose again after the dotcom bust. I guess the mistake was trying to move from technology provider to selling consumer services.