GPACKET may be on a path to profitabiltyJust HOLD and WAIT.
Pre-profit companies are often risky, but they can also offer great rewards.
In the last year, Green Packet Berhad wasn't profitable at an EBIT level but managed to grow its revenue by 30%, to RM655m.
With any luck, the company will be able to grow its way to profitability.
Gpacket
GPACKET - Can Losing Ground Stop Here?GPACKET
Rst: 0.80
Spp: MA200
Selling has done significantly, and the odd of losing is long at current point/ MA200 & MA50. If you’re riding this, you cannot expect the stock to recover back to its peak on last month, it’s only good for see money take money trade.