TM & P1 deal – Looks stupid but workable

If there is any more option for P1 as losses pilling up and cash draining non stop.  A clear case for our authority to understand this license can only given to big boys.

I think TM buy it at a bargain price which is not fair to P1.  But initially TM needs to absorb losses.  But with TM proper business plan execution.  I believe the initial bargain deal will eventually turned good deal for both.  P1 needs TM to revise it’s business.  Instead of losing all.  From historical cases TM will try every best to realise it’s investment.

We recommend a buy when price stabilise but in short term.  There is pressure towards both Gpacket and TM stock prices.  Wait until it’s stabilise then slowly accumulate.

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