Posted by Saturn101 > 2014-03-17 09:30 | Report Abuse

Note It's 77.5 now.....

Posted by Saturn101 > 2014-03-17 10:01 | Report Abuse

Ratio still good......commit!!

Posted by Saturn101 > 2014-03-17 11:34 | Report Abuse

Something....Something...errr happening

Posted by Saturn101 > 2014-03-17 14:37 | Report Abuse

willingness to commit at sell price is good! Now at tug a war your next commit will speak volume

Posted by Saturn101 > 2014-03-17 15:30 | Report Abuse

Buy Buy

Posted by lim169 > 2014-03-17 21:31 | Report Abuse

Good to buy

Posted by matrix6050 > 2014-03-19 09:36 | Report Abuse

buy buy :)

Posted by Icon8888 > 2014-03-21 09:42 | Report Abuse

this is one stock that YOU WILL NOT LOSE $$$

Posted by Icon8888 > 2014-03-21 09:42 | Report Abuse

because so far it hasnt gone up...

Posted by Icon8888 > 2014-03-21 09:42 | Report Abuse

so nobody waiting to offload on you...

Posted by Icon8888 > 2014-03-21 09:42 | Report Abuse

small cap, with clear strategy to grow...

Posted by Icon8888 > 2014-03-21 09:42 | Report Abuse

nice...

Posted by hiddengem > 2014-03-21 15:48 | Report Abuse

Dear bro & sis, the above is my morning posting at MALTON thread ( pls check the time of posting & the total no of posting) to differentiate me hiddengem with 1188+ postings & the retarded moron hiddemgem with 10+ postings. The desperate n sick oldman is using my posting above by altering the id name of fr hiddengem to hiddemgem or vice versa to cover his cans of worms with his 'kangkong' mindset.

A leopard will never change his spot. What a hypocrite n sickly oldman when he immediately deleted his vulgar wordings at MALTON, GOB, AIRASIA, ECOWLD, ETC thread when confronted n exposed by me hiddengem. I think majority of our forumers here r smart people should be aware who is this cruel & retarded moron who purposely created an id hiddemgem to tarnish my reputation n to destroy me.

Yesterday I hv already decided to withdraw fr i3investor n hv submitted my request to admin@i3investor.com pending their verification for my official withdrawal.

Kindly take note on the no of postings to differentiate myself hiddengem with 1188+ postings & the retarded kangkong brain hiddemgem with 10+ postings left after being found guilty n hv been deleted by the kangkong brain.

Posted by Saturn101 > 2014-03-21 20:34 | Report Abuse

It's Hafiz Millip

Posted by Top_investor > 2014-03-26 15:11 | Report Abuse

will consider Post rights issue, waiting, smile :-)

Posted by Fanny Seow > 2014-03-26 17:53 | Report Abuse

horse coming....let's see

Posted by Icon8888 > 2014-03-26 22:41 | Report Abuse

Got proactive buying these two days

Posted by Icon8888 > 2014-03-28 09:32 | Report Abuse

among all the property stocks I have written about, the biggest position I have is in GOB

(1) I feel extremely comfortable with this stock as going forward, their main projects will be Seberang Prai Selatan, which is relatively immuned from property sector slow down

(2) of course there are other stocks for exposure to Penang mainland. But none is as undiscovered as GOB

(3) They are in the process of doing a rights issue. Based on my experience, company which do cash call would usually make sure their profit is good in next few quarters so as not to scare away investors

(4) the rights shares + free warrants will help to average down the entry cost, in the event of a downturn

(5) the stock has not been actively traded. Nor had it been going up a lot. That means there are no early birds out there waiting to dump at you

Posted by Hopeman > 2014-03-28 09:45 | Report Abuse

Icon8888 positive comment not like certain people since after company announce the right condemn it like shit counter ,we also hope and believe with their big land bank at Batu Kawan perhaps with aggressive development there ,the potential should be good and the return surely not bad then others

Posted by Icon8888 > 2014-03-28 09:48 | Report Abuse

I have posted a short article about GOB on my blog five minutes ago to articulate the points. Maybe you want to take a look

Posted by Hopeman > 2014-03-28 10:05 | Report Abuse

We can't stop people want to talk or comments any rubbish but we believe as a investor we shouldnt simply comment as we wish without any fact but treat here as a plat form to shoot and shit happy trading God bless us

Posted by james70 > 2014-03-28 12:05 | Report Abuse

I too see huge value in GOB. I posted this last month. Current prices are an opportunity to collect more GOB shares.Here are my reasons:

a) Batu Kawan land at really low prices.
PDC recently concluded 1 transaction for a 245acre Batu Kawan land to Aspen Vision Land Sdn Bhd-Ikano Pte Ltd JV for RM483.9mil. This works out to c.RM45/sqft.

In the 5thFeb2014 published article "Bridge of Opportunity for Ecoworld" in the Business Times (http://www.btimes.com.my/Current_News/BTIMES/articles/20140204235000/Article/index_html), the reserve price set by PDC is RM45/sqft.

Just this week, Paramount purchased 30acres for close to RM50/sqft. Land prices at Bandar Cassia are rising fast. But GOB has a distinct advantage of having very cheap land cost and another 145acres pending to be transferred to them at RM3/sqft.

Now GOB own 240.8acres of land base on their latest 2013 AR. The book value of these 2 parcels of land which sits in the heart of Batu Kawan is a mere RM102.7mil. If revalued base on the RM45/sqft, this works out to RM472mil or RM2.08/share.

There is more upside if you studied the 3rd quarter financial report release under item 13 which states the following: The Board of Directors has approved capital expenditures in respect of acquisition of lands in Batu Kawan, Seberang Perai Selatan, Penang at a cost of RM19.3 million. If you are to revisit the older announcements, there are 2 additional parcels (Parcels 3A & 3B) of land at Batu Kawan totalling 145.34acres awaiting to be transferred to GOB's wholly owned subsidiary, Penanga Pesona. Once this transaction materializes, GOB will own 385acres of land in the heart of Batu Kawan. Pricing it at RM45/sqft, GOB's surplus valuation is RM633.4m vs the what's recorded in the book. So the Batu Kawan land itself is worth RM3.32/share.

b) Proximity to IKEA, Premium outlet mall, Hull University, etc.. RM45/sqft is what was transacted with PDC. But once the land is developed, its value will rise further. They could easily double or triple in value due to its closeness to these landmarks.

c) GOB also owns some land at Seri Kembangan. The 2 larger ones are at 52 and 56 acres with a book value of only RM3.34 and RM17.35 per sqft respectively. If you recall, Eksons recently concluded a sale of a 14.64acre parcel for RM140.27mil (or RM220/sqft). The land sold is within the vicinity of the GOB land. If those 2 parcels are revalued or sold at RM50/sqft, GOB is further valued at RM1.03/share. What if it is RM200/sqft? You do the math.

d) JV with Lembaga Getah to develop prime land in the heart of KL.

Posted by Top_investor > 2014-03-28 12:19 | Report Abuse

james70, good article, :)

Posted by james70 > 2014-03-28 14:43 | Report Abuse

hope GOB will make its shareholders a windfall

Posted by Hopeman > 2014-03-28 15:20 | Report Abuse

James70 good comment and information, if all writer can share as you ,we all investor will gain and end of the day will made money happy trading

Posted by james70 > 2014-03-28 16:10 | Report Abuse

Happy to share here. I have performed further analysis of their Quarter on Quarter reported earnings and for their financial year 2014, the topline(turnover) has grown from RM70.4m in Q1 to RM82.5m in Q2 and to RM92.9m in Q3. The profit margin(profit before tax) of the property development sector has risen from 11.8% in Q1 to 18.8% in Q3. Looking at their minimum estimated GDV of RM1.09b of launched projects i.e. Springville, Galleria, DaMen residences, EQuator and Villa Heights, GOB should record sequential increase in property earnings. This has yet to take into account the Batu Kawan projects and land price appreciation since the IKEA and Ekson transactions at Batu Kawan and Seri Kembangan respectively. Anything below RM1 is a steal if you ask me.

Posted by Jason Hiew > 2014-03-28 16:30 | Report Abuse

fed up with this share.

Posted by Icon8888 > 2014-03-28 16:39 | Report Abuse

James70 I put my money where my mouth is. I have loaded up big time

Very defensive stock, I would say

Posted by Icon8888 > 2014-03-28 16:42 | Report Abuse

James can I make use of the info you provided to come up with another article ?

FYI, I don't believe that I can push up share price by just writing a few lines. But no harm sharing info as well. Everybody can benefit

Posted by james70 > 2014-03-28 17:05 | Report Abuse

Go ahead Icon.

Posted by Hopeman > 2014-03-28 17:08 | Report Abuse

Sharing is very inportant at least update the information and benefit all not 馬後炮but share price up or not that all depend on our luck or others factor beyond our control

Posted by mbge7clt > 2014-03-28 21:58 | Report Abuse

this stock old name is equine, last time linked to pak lah... now still can?

Posted by mbge7clt > 2014-03-28 22:16 | Report Abuse

TWO (2) RIGHTS SHARES TOGETHER WITH ONE (1) FREE WARRANT FOR EVERY TWO (2) ORDINARY SHARES

Posted by mbge7clt > 2014-03-28 22:17 | Report Abuse

could anyone pls advise by giving a scenario base on current price? confuse 2 rights for 2 shares? tq

Posted by tjhldg > 2014-03-29 01:18 | Report Abuse

vol increase ... next week ada chance

Posted by Top_investor > 2014-03-31 15:00 | Report Abuse

Fixing a toll rate of RM 8.50 for cars using the Sultan Abdul Halim Mu’adzam Shah(SAHMS) Bridge that is 21.4% higher than the First Penang Bridge will not help to reduce congestion at the traffic choke point of the First Penang Bridge. Furthermore there is no 20% discount for “Touch and Go” card users from Penang unlike that given for the First Penang Bridge for the RM7 toll rate.(RM5.60 for Penangites)

The Malaysian Highway Authority(MHA) announced that the rate is RM1.70 for motorcycle (Class 0); RM8.50 for cars except taxis and buses (Class 1), RM30.50 for two-axle and six-wheeled vehicles except buses (Class 2), RM70.10 for three-axle or more vehicles except buses (Class 3), RM8.50 for taxis (Class 4) and RM26.20 for buses (Class 5).

Already there have been complaints that the landing point of the SAHMS Bridge in Batu Maung on the Penang island is choked with traffic congestion because the access highway roads out to George Town or to Bayan Lepas has still not commenced. This is poor planning and foresight by the authorities because such access highways should have been built at the same time and completed together with the SAHMS Bridge. Instead work is only about to commence for the access highways costing about RM850 million by the end of the year.

Posted by Icon8888 > 2014-03-31 20:33 | Report Abuse

people will still use lah. Nowadays people who can drive in Malaysia can afford additional few ringgits per day

Posted by Icon8888 > 2014-04-02 10:20 | Report Abuse

latest article on GOB

http://klse.i3investor.com/blogs/icon8888/49410.jsp

Posted by chipster1234 > 2014-04-03 13:27 | Report Abuse

Hi mbge7clt:

I think what it is saying is that if you own 10000 units you would be allowed to purchase further 5000 units of GOB shares at a price which will be set on a later date.

Furthermore, in addition you would also be given a further 10000 units of warrants for free. so even if you don't feel like buying further the additional 5000 units of GOB mother shares you would still be entitled to the warrant.

Sorry I cant confirm 100% for you but thatz my understanding. Im not very good with their share split lingo although I try reading them over and over again. usually I just wait and see what they give me haha

Posted by chin888 > 2014-04-03 13:40 | Report Abuse

Hi, is that mean GOB are worth to buy in now?

Posted by Icon8888 > 2014-04-03 14:05 | Report Abuse

i think if you own 10000 units, you are entitled to subscribe for 10000 units of shares at disacount and they will also give you 5000 units free warrants

Posted by Icon8888 > 2014-04-03 14:56 | Report Abuse

a lot of buying... people beginning to realize its value

Posted by james70 > 2014-04-03 15:05 | Report Abuse

Yesterday's volume of 8.37m shares transacted was huge with a large percentage of buyers. Today we see a follow up of someone with deep pockets or a fund loading up GOB. Volume as at 3:05pm is already 7.4m shares transacted with a 75% buy rate. Seeing that Tambun Indah and the other property counters with huge exposure to Seberang Perai Selatan have gone up significantly, everyone is jumping into the GOB bandwagon before it takes off.

Posted by chipster1234 > 2014-04-03 16:31 | Report Abuse

what is the target price we are looking at? 0.9 cents?

Posted by Icon8888 > 2014-04-03 18:30 | Report Abuse

James I have big position. Cost 79

Posted by Zenwan > 2014-04-03 19:55 | Report Abuse

How many is big position?? I have 100k at 72. Considered big?

Posted by Zenwan > 2014-04-03 19:56 | Report Abuse

Just want to know whether I expose too much.

Posted by james70 > 2014-04-03 20:38 | Report Abuse

I am in GOB for the long haul. I would at least like to have doubled my money on this investment. On the question of how much exposure you have, if you do not sleep well at night, then I suppose it is too much.

Posted by JaniceLove > 2014-04-03 20:51 | Report Abuse

For every two ordinary shares, two rights and one free warrant

Posted by Hopeman > 2014-04-03 21:03 | Report Abuse

Buying Gob share must think of mid to long term ,don't expect like strict rotary instantly shoot up ,lately we pass by Batu Kawan the land still need a long time to develop it so want to made good profit no choice have to wait until after they exercise the right and reduction of par value ,otherwise any surprise shoot up will be a jet box and all demand on individual luck