Sunday 26 March 2023

GreenPacket Bhd : Blue Moon!!!

is a song written in 1934 by Richard Rodgers and Lorenz Hart. It would however to take some 27 years before, the Marcels would take it to number one on the US charts.

THE morale of the Blue Moon story is , sometimes it will take time before, you get a real crack at it, but when you do, make sure the opposite site end up feeling like a moody blue.

Blue moon, moon, moon, blue moon
Moon, moon, moon, blue moon
Moon, moon, moon, blue moon

VICTOR Chin Boon Long's GreenPacket by right should be feeling on top of the world, but here it is on a Monday morning, laying just 0.005 sen  short of it's all time low 0.035 sen.

AND why should GreenPacket be feeling on top of the world?

READ :  Green Packet, FETCi to run Malaysia’s first Multi Lane Free Flow (MLFF) tolling system proof of concept

READ : Multi-lane free flow toll system to be introduced in Malaysia by 2025 to reduce congestion at toll plazas

BUT why is GreenPacket not on top of the world?  Word is there is a Blue Moon rising. The dictionary states Blue Moon means a  phenomenon whereby the moon appears bluish owing to smoke or dust particles in the atmosphere.

TO get rid of this irritations, would require some spring cleaning, but coming back to the main story here, the state of the GreenPacket shares seems to point to a shake down of some kind, that market itself favours and is betting big time, that it will take place.