If you are not in the red anymore, I suggest you take the money and wait outside for a couple of months. We all know that this is not an investor friendly counter. It takes ages to move & it doesn't stay up for long. DYOR

Careful, don't get carried away by that small hype. It will retract back to normal.

There are just too many of these useless stocks on Bursa.

Thanks for the excellent research.

It's part of BOTAK spinning con. If you are in, you are stuck.

Globetronics tanked as investors wrongly associated it with the fate of Serba Dinamik, says chairman.
https://theedgemalaysia.com/node/727627

Globetronics sets aside RM120mil capex over two-three years.
https://www.nst.com.my/business/corporate/2024/09/1109028/globetronics-sets-aside-rm120mil-capex-over-two-three-years.
Does he look like a CAPABLE Chairman?

On the move

Chung
You are late. The bird has already flown.

Is Globetronics Technology Berhad the next Serba Dinamik Holdings Berhad?
https://www.youtube.com/watch?v=U4vMqszcM5g

I think it will likely hit a TP of 0,43 on monday before a pull back. Next run will be on wednesday

So you can't be hoping for Silterra? That is even more of a lost cause.

0.60 cents is a long way to go. That was back in Jan. It will need to start posting a couple of new highs before it gets there. Don't forget this is a high volume counter when it moves.

Hugh volume of buyers waiting to collect.

Realistically it has got to get to 0.45 before a new target of 0.50 for this counter to be on a rebound.

No Botak in China.

Good123
Bit quiet from you today on a better than average day. RUOK? Hope you are fine.

Johnchew123
TOP ANALYSIS! Why park your money here?

China? Is it on behalf of State of Johor or Malaysia???

A smaller chase is on now. How far will it go?

EPF has enough shares, money to be able to do a quick pump & dump to make a decent profit with the volume that they can trade.

The effect of tariff is an increse in price for cosumers (inflation)

The dividend policy was a legacy of the original 2 veterans , the Chairman & CEO. A way of rewarding themselves. It's a new generation, this policy might not continue.

My feeling is this will be pumped up to go past $2.41 before the FBM KLCI review on Dec23.

They do have a controlling interest. There is a pot of gold (cash). Companies has been taken over & strip of it's assets before liquidation. A common practice.

It is very misleading to quote past favourable analysis (Feb) considering what has happen within at least the last 2 weeks. Even some of the substantial shareholders have drop off.

Good123
Analysis & the effort of your research is excellent. However the general market is not taking any notice of what you have posted since this morning. In actual fact it has come down by nearly 7%. Base on your analysis there should be an uptrend. Maybe they have taken into account the possible effect is the slow down of the EV market in the near future due to EU, US & Canadian ridiculous tariff rates that has bouncing around against China. Just have to wait & see or take the risk & probably make good profit if it goes the right way.

Good123
Never seen so much postings from you in one day! You are OK, not on steroids.

EPF and Tabung Haji has move from Gtronic to Topglove.

What is brewing? Not Oct yet!

“Bursa Malaysia and its subsidiaries will resume operations, and carry out trading and settlement activities as usual on Sept 17,” the stock exchange operator said in a statement last month."

Enjoy your Malaysia Day on Monday, don't worry about the market.

Won't be long before it join the Serba Dinamik Club. All the signs are there, just need to open your eyes. This is not an investment. If you are still holding, you are basically gambling for short term.

Globetronics plunges 33% as KPMG resigns as auditor.
https://www.freemalaysiatoday.com/category/highlight/2024/09/10/globetronics-plunges-33-as-kpmg-resigns-as-auditor/
Do we need more hints? Stop being in denial. Learn from past history.

Going to end up like Sumatec.

EPF, Tabung Haji exit Globetronics.
https://www.thestar.com.my/business/business-news/2024/09/13/epf-tabung-haji-exit-globetronics

Hope some of you will be celebrating with some lobster meals!

Have a happy Malaysia Day.

Good volume, will be interesting on Monday

You need abit of action like this.

There will only be 2 major Malaysian companies in the final run up; YTL Corp and Berjaya Land with China Railway Corp. Don't chase Ekovest, or you will be disappointed.

Trap. Ekovest is not even in it. No official announcement that they are even being considered in any part of it at this later stage of the proposal. Maybe in the earlier years when BOTAK was posing for photos when the original idea was hatched.

Don't need to post such foul language on this respectable forum.

Heritage Trust Fund Board? Are they laundering money?

Why is Lembaga Tabung Amanah Warisan Negri Terengganu taking a 5% stake in this rubbish, hopeless, no future company?

Went from $2.00 to 0.84. Will take abit more time to recover. They tend to go down faster than they can recover.

How do you think EPF can make good returns year after year.

This is what you get if you are trying to catch a falling knife! Get your hand chopped off

It's a bearish Marubozu, still in a downward trend.

3 months ago it was in the 0.50 range. This is not even close to what it should be and even higher than the 0.50.