Ex-GMD now Deputy Finance Minister. Good company under the radar of institution investors. Something is brewing. Price movement demonstrates this. New target price RM 4 by next month Chinese Lunar Year.

Anyway watch the mother share and see it's movement. Some of you should be smarter now. Did they push the prices to exit warrant ? Will they now push the mother share to entice conversion of warrants to get funding ? My opinion quite likely, it's their source of funding in this tight banking scenario. But if not, you better run because objective achieved. Judging from the price movement today - likely, they executed second phase to push mother share. They are also greedy. Your call not mine. But please remember to exit when you reach your target price. Good luck.

If you go to the GCB WA blog obviously the Directors exited between 6 cents to 20 cents. They probably had it at 1 cent then. Surprisingly they played until the last days before the warrant is suspended next week. A learning lesson. All had time to exit this week. Last Firday all-time high 22 cents. This week it was still high at 18.5 cents.

In this forum we evaluate and discern information. Then we take a decision to trade or not to trade. No one asked us to. So we take responsibility and accountability for our trades. Had we been disciplined we would have profit from the trade. When Alpha Trader and Alpha Jack wrote some would have profit if they enter and know how to exit. Blaming only makes us fools to follow all the comments. And if you buy on comments from this forum - it's best you keep your money in the bank. Or better still form your own trades. And exit this forum. Because there will always be correct and incorrect information. Nobody knows what's ahead except God. Who would have predicted the meltdown the last two weeks and the rebound today ... ? Were you also conned ? And are you able to know what happens next Tuesday ?

Target price by mid-February 50 cents. Don't be too happy selling early. Unless you are a day trader.

Buy warrant. Cheaper and more upside. Your gain % multiples.

Don't worry. No sell down. Only some people push price down to collect. At 62 cents - sure a winner. Insider collecting up to 70 cents recently.

Yes insider collecting since recent uptrend. Target Price 2016 RM 3.00, 2018 RM 8.00

That's good! It means cornered stock. And can go 3.50 easily - one small push and the owners net value increase. This stock targeted by Value Cap funds :-)

Technical breakout !!! Next week 1.80 - 1.90 :-)

By Friday global stocks rebound. Go buy HSI C shares. There sure no conman. Since some think here con.

2.00 in 2 weeks time :-)

But lay hong cornered. So up to them to push what they want.

I got a funny feeling next tuesday 8 cts.

Tomorrow afternoon global markets rebound. CI holding 3.50 :-)

Yes I heard 6.00 you know who is the owner :-)

If you want to buy and convert - wait till Monday and Tuesday. Cheapest.

Have to be cautious. If warrant price drops further - there is not a need to sustain GCB price. All along if you observe GCB price was pushed up for the 1 ct warrant holders. Careful - if you read past blogs - hope they repent already.

I agree with Spaghetti. I have been monitoring Sam for sometime. Watch the push. Once it starts, usually gap up 1.00. 8.00 by CNY.

Rebound to .45 and then to new 4-week high. TP before CNY .55

Good technicals. New high developing.

Yes before CNY heading to 12. Chinaman company. Got pioneer status second time. All previous tax now become profit !!!

But you have to decide. Really dunno what tomorrow price. Could drop further. Because no buyer when expiring. Also some stock broking firm don't allow margin trade near expiry. That chokes the buy volume.

Don't be sad Foong - sometimes we win and at times we lose. Not easy to play with big time and operators. Just study comments in forum. There were warnings of expiry. Your remisier should inform you also.

No more trading. Go to Bursa. Check GCB announcement.

Next week Tuesday suspended my friend.

I have a friend working petron laughed at me when I said forum claim up up 8.00 10.00 :-)

Ya it's not cheap. For those who bought at 7.30 and keep promoting saying 'some people' jealous - perhaps he sold out already.

No need technicals nor fundamentals anymore.

Good silent counter. Everybody safely make $$$

I am beginning to like the behavior of this counter :-)

Watch the warrants - if by next week Tuesday still in the money, more likely the mother share will soar and it's not a con that some seems to be assuming. Anyway buy at our own risk. There is no one to blame accept ourselves. We can filter the myriad of data, comments here. But ultimately the buy or sell decision comes from us. Thank you for the so many whom have contributed information here. It's indeed helpful.

Stock cornered. Easily 10.00

No worry Mr Tan Eng E. Now our turn to make :-) please support also.

Obviously price upside is more likely given this scenario.

They could have put to death the warrant if mother share push down to 1.35 today. There would have been limit down for the warrant which will be suspended next Tuesday. It was just announced to Bursa late Friday. Obviously they did not. And who would be buying a warrant that needs conversion by coming out with additional 1.35 ???

There is something we don't know. Or rather I.

Mother price will support the warrant. Otherwise, no value on expiry. Objective to entice conversion. So get funding.

Don't cut

Better buy GCB. Warrants will expire soon. Risky.

Yes the counter resist the selling - tomorrow back 1.60 and warrants .20

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=A&value=G&securityCode=5102

Found this though a little backdated ya. Posted on Friday, I believe. Source: Malaysiastockbiz, BURSAMASTER 15 Jan 3.18 am

MUST WATCH COUNTERS – 15 January 2016
Author: Bursamaster Bullseye | Publish date: Fri, 15 Jan 2016, 01:27 AM

MUST WATCH COUNTERS – 15 January 2016

1- GCB (5102) – Positive Momentum

As of 14 January 2016, GCB has been on a strong uptrend as suggested by the upward sloping 20-Day and 50-Day Moving Averages. In addition, the price just broke the resistance of 1.55 reinforcing the bullishness in the recent price movement. This breakout was accompanied by a higher than average traded volume which shows the enthusiasm of the traders to push the price higher and past this resistance hence giving a higher probability of a successful breakout.

Short-term TP : 1.80 Longer-term TP : 4.00

GCB-WA - Short-term TP : 0.35 (The warrant maturity - 16 Feb 2016 Exercise Price : 1.34; Theoritically if GCB is 1.56 than warrant price 156-1.34 = 0.22)

Thus warrant price should be arbitrage to 0.22. Thursday close only 0.195

If GCB TP is met at 1.80 then warrant price should be 1.80 - 1.34 = 0.46

if you opt to trade warrant as most punters do because it is cheaper; need to watch closely the movement of the mother GCB. Every cent change in the mother price should also be reflected in the warrant price.

Alphatrader's views have substance. Look at his postings. Credible. And timely. By the way, it's simple Maths - established company, leader in it's sector. With low commodity price cocoa and weak ringgit receivables - margin gap improvement. It's a run away stock. Now we have operators playing. Once the institutional and foreign investors move in. There is no stopping Guan Chong :-) gong xi fah cai

Absolutely correct. And they are collecting as they know the extraordinary results. CNY because of rally.

Don't worry. By CNY you put $$$ in pocket.

On calculation if EPS is 5x lower than Top Glove, market cap should be 8.6/5 = 1.72 billion. Price then has upside potential to 3.57

TQ traderman. But GCB just started to turnaround last Qtr.

Yes I agree. Always get trap HIL at .85 above. They sell down. I also went GCB sometime. No loss. Good run so far. And new highs every week.

Top glove market cap 8.6 billion ringgit. GCB market cap 0.75 billion ringgit - room to grow as it pales in comparison with Top Glove. Even 1.5 billion ringgit will cause it's share price to be 3.12 easily. Even if we discount 30% - target price should be 2.18 !!!