My friends are laughing at me for not investing in GPACKET
Not too long ago, i wrote on an article titled “Green Packet kiss of death“. It seems that GPACKET has made an absolute turn of going up instead of the opposite way. My friends are telling me this, “See i told you so, to invest in GPACKET when it was around RM 0.70-0.80 range but you don’t want to listen”
What else can i say when GPACKET is now trading at RM 1.41 (4.27pm, 6th November 2009). I can just congratulate him on his pick and tell him to keep up his good work in investing in shares.
From my previous posting, i have stated that my friends went Gung Ho on GPACKET. Maybe he had some insider news on this matter. GPACKET is also going Gung Ho in promoting P1 W1Max in Malaysia with their Dah Potong Belum? advertisements”. Basically P1 Wimax Wireless wants to fight with Streamyx!
P1 Wimax Dah Potong Belum? Advertisements :-
As you can see, i am sticking to my discipline ways in investing shares and i have already set a very clear stand on what stocks i pick and what stocks i dont!
That is why i didn’t touch GPACKET until today is because its not my cup of tea. The very main reason i didn’t pick GPACKET is because of the financial statement of GPACKET.
In their latest Q2 result, GPACKET posted a negative 7.00 sen for EPS. For six consecutive quarters GPACKET has posted negative EPS. That kind of results produced by a company really don’t turn me on.
Financial Result of GPACKET :-
Conclusion
I have managed to change the way i invest in shares from the day i started. I would have bought in GPACKET if i was still having the mentality while i was studying in University. Buy on rumors and just buy blindly. Not anymore…
Come what may, i am pretty sure my stock picks will fly as well. Only a matter of time! ^^
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8 Responses to “My friends are laughing at me for not investing in GPACKET”
By jamz on Nov 7, 2009 | Reply
Hi KampungBoy,
I noticed you use OSK188 to trade shares. Is there any benefit as compared to using other bank’s web portal to trade shares, say maybank2u? And if I want to use OSK188 to trade shares how should I go about it?
Also, would like to know your thought on Public Bank current high price.
Thanks
jamz
By jamz on Nov 7, 2009 | Reply
forgot to ask, can you please list down the differences between OSK188 and banks’ stock portal?
Thanks.
By Kampung Boy on Nov 17, 2009 | Reply
I will try and do some research and get back to you later ok? Going out station for one week so might not have time but ill try …
Cheers! ^^
By jamz on Nov 18, 2009 | Reply
sure..thanks so much!
By kakilang on Dec 6, 2009 | Reply
Hi, are u using osk? or rhbinvest?
By Kampung Boy on Dec 8, 2009 | Reply
@kaiklang
I have both actually but i use more on OSK instead of Rhbinvest. I use Rhbinvest for my stock research.
By jamz on Dec 29, 2009 | Reply
hi KB,
have you managed to find out anything from your research regarding my above questions?
thanks.