Green Packet is at alert level!

If the sales of P1 still not able to complete before end of 2013. We believe revenue reducing plus continue substantial losses are not looking good if pro-longed.

Either P1 should float its shares to finance a bigger expansion or it must sell at lower valuation to ensure they are not going into a non return road.

We will not re-enter Gpacket if not below RM 0.450 by now. We afraid it may have a good chance to fall below RM 0.400. Unless given any corporate development we are not aware and we advise patient by now.