GLOBAL ORIENTAL BERHAD

KLSE (MYR): GOB (1147)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.195

Today's Change

0.00 (0.00%)

Day's Change

0.195 - 0.20

Trading Volume

106,100


18 people like this.

5,440 comment(s). Last comment by Nguyễn Bá Chinh 3 weeks ago

dingding

843 posts

Posted by dingding > 2015-04-16 22:37 | Report Abuse

I bought at 1 before right issue. Now just .55, I lost all the right issue money

leecuteguy

475 posts

Posted by leecuteguy > 2015-04-17 08:20 | Report Abuse

@dingding please tell when was the right issue that time u bought?

dingding

843 posts

Posted by dingding > 2015-04-17 09:00 | Report Abuse

during Feb'15

hpcp

450 posts

Posted by hpcp > 2015-04-17 09:16 | Report Abuse

gap up this morning

shellhouse

641 posts

Posted by shellhouse > 2015-04-17 09:20 | Report Abuse

Hugely undervalued stock. Good track record with extremely low PE.

Buy before its too late! Personally i'd go for the warrants, not bad, attractive price, still 5 years to expiry...unlimited growth potential

dragonking

3,496 posts

Posted by dragonking > 2015-04-17 09:35 | Report Abuse

there will be a lot of false start before real move,,,flush out weak holder,,,so hold thigh

leecuteguy

475 posts

Posted by leecuteguy > 2015-04-17 17:51 | Report Abuse

Thx dingding

Can17

98 posts

Posted by Can17 > 2015-04-17 18:31 | Report Abuse

Sucker into buying their rights so that they can improve their leverage, it is nothing about looking after their shareholders, so really one can say they have a management that has little concern for shareholders return. So how can it become a good blue chip. It is not a KSL or a SHL or a Matrix in the property space.

aa111111

583 posts

Posted by aa111111 > 2015-04-20 00:58 | Report Abuse

gap up 2morrow

Posted by fightingfish88 > 2015-04-20 21:30 | Report Abuse

tan kuku

huat_8888

20 posts

Posted by huat_8888 > 2015-04-20 22:17 | Report Abuse

sell..............this shitty stock sure will enter PN17......
wait long long

PN17 punya si ham......puiiii

huat_8888

20 posts

Posted by huat_8888 > 2015-04-20 22:32 | Report Abuse

sell.......this stock will GAP DOWN tomorrow~!!!

dingding

843 posts

Posted by dingding > 2015-04-20 22:34 | Report Abuse

With landbank at batu Karan, unbill project how to go into pn17?

huat_8888

20 posts

Posted by huat_8888 > 2015-04-20 22:40 | Report Abuse

GOB will go the way of ayam dingding...what is ayam dingding - you may ask? It was once a chain restaurant in Malaysia - but bankrupt dee...just like ayam dingding who waste his/ her rights issue money and now all gone dee....hahaha

if you don't sell now,...modal keranda pun tak ada....kena bakar jehhhh

SmartAss

131 posts

Posted by SmartAss > 2015-04-21 17:17 | Report Abuse

这位老弟想必被环球破车撞伤了吧 ?
往者已矣,来者犹可追啊 !

Posted by snowbreeze > 2015-04-21 22:11 | Report Abuse

huat_8888...NEVER SEE GOT GAP DOWN???

Tornado

1,938 posts

Posted by Tornado > 2015-04-21 22:25 | Report Abuse

I interpret below article as an extremely positive news for GOB, what say you ?

http://klse.i3investor.com/servlets/fdnews/224595.jsp

huat_8888

20 posts

Posted by huat_8888 > 2015-04-22 11:28 | Report Abuse

why do you say the management team is bad?

Tornado

1,938 posts

Posted by Tornado > 2015-04-22 19:48 | Report Abuse

@Forever:- Exactly. I think Eco-World is good at marketing, hence with a play maker coming to town, I am sure the property market at Batu Kawan will get sizzling hot later...... This would help to complement the short coming of Gob.....

huat_8888

20 posts

Posted by huat_8888 > 2015-04-22 21:23 | Report Abuse

actually, GOB now is focussing on completing Da'mein, the tail end projects at Seri Kembangan and launching of the JV with Lembaga Getah. Wait for a few more quarters , they will kick start batu kawan.

look at James70 posting - for GOB - it can be very illuminating.

Tornado

1,938 posts

Posted by Tornado > 2015-04-22 21:48 | Report Abuse

@H_8888:-That is real inspiring. Tq.

huat_8888

20 posts

Posted by huat_8888 > 2015-04-23 13:03 | Report Abuse

Judging based on volume for the past one week, this stock is currently under accumulation stage.

aa111111

583 posts

Posted by aa111111 > 2015-04-23 13:03 | Report Abuse

buy when cheap and keep

dingding

843 posts

Posted by dingding > 2015-04-23 14:49 | Report Abuse

@huat_8888, you change direction .. Last few day you ask people sell....

huat_8888

20 posts

Posted by huat_8888 > 2015-04-23 16:09 | Report Abuse

@ dingding - saw you have posting at Tambun too...seems you make a heavy bet in the future of batu kawan by betting all the property developers which are engaged in penang Batu Kawan scene....

sometimes, my friend...when you feel the share price is going down...take a ride to Batu Kawan and you can see the future in GOB.

Unlike Tambun , GOB has 100 acres ++ land at Seri Kembangan. Both Seri Kembangan land + GOB land is purchased at low cost. Unlike Tambun, GOB got da'mein and the DNA from Malton....some say Malton is good , some say Malton is bad...management quality is subjective....assets and profits (and hopefully dividends) are real...

All the valuations method in this world - is subjective punya....

Actual outcome may vary from valuation

What is real? It is the market price of the land.
Mkt price less (-) land acquisition cost = minimum profit to be made by the developer.

What for wanna susah susah develop this piece of land if you can sell and enjoy the minimum profit? That is what happen to the seri kembangan land that they sold off. The reason the developer wanna develop that piece of land (as opposed to selling it off) is to make more than selling it off....

Agree or not???

And this is not to mention about Da'mein - will recognise an asset and its recurring income + all the profits from selling off in these few quarters...

You say GOB's take up rate is no good (compared to EcoWorld) but Da'mein is already 95% sold off liaw. But yes lar...the sales occur during the property boom period a few years back....

Take a look at eyecon8888 and james70 postings about GOB - very illuminating...

Forget about optimus prime...that transformers only know how to read his ALL SPARK in his technical charts ....value wins at the end of the day....

Kai Chun

27 posts

Posted by Kai Chun > 2015-04-28 21:18 | Report Abuse

Break bottom support soon. Should i throw?

camel

316 posts

Posted by camel > 2015-04-29 19:25 | Report Abuse

rights@0.50 ,strong supporting.

chshzhd

1,908 posts

Posted by chshzhd > 2015-04-30 23:55 | Report Abuse

buy

tlbeng

905 posts

Posted by tlbeng > 2015-05-06 15:59 | Report Abuse

property sales are slowing down, if you're looking for short-term investment, I don't think you should hold GOB, go for O&G if you're looking for short-term (not now, not a buy/sell call)

dingding

843 posts

Posted by dingding > 2015-05-07 23:59 | Report Abuse

@huat_8888, batu kawan is future! Agreed!
Ecoworld is going to have nice landscaping luxury landed house, 700-800k.
Gob, with right issue @50cents, with current share price, hands are bloodly burn...

camel

316 posts

Posted by camel > 2015-05-15 15:26 | Report Abuse

what news?

Kai Chun

27 posts

Posted by Kai Chun > 2015-05-15 22:46 | Report Abuse

Insider news. Next report u will be knowing.

kancs3118

2,212 posts

Posted by kancs3118 > 2015-05-17 20:57 | Report Abuse

i will take that with a huge pinch of salt....too many false starts for GOB

Posted by Stockdummy > 2015-05-17 23:03 | Report Abuse

Have you visited the place, Batu Kawan. This will have to be a long term play and not for the faint hearted. But the potential is strong if you are able to stay the distance.

dingding

843 posts

Posted by dingding > 2015-05-18 23:18 | Report Abuse

Stockdummy, agreed! I visited simpang empat many times!.
Tambun indah has a very nice township there. Island houses too expensive, small condo need 600-700K, young couples, medium range are unaffordable. LMC apartment 300K..
If I was them I will pick a nice landed at Simpang empat..
GOB-Wa @ 0.18, conversion price 0.8, GOB should min 0.98... but now hovering at 0.52-0.55.. haiz

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-05-26 10:14 | Report Abuse

it is forming cup now...soon will forming cup and handle

kancs3118

2,212 posts

Posted by kancs3118 > 2015-05-26 18:22 | Report Abuse

A cup, B Cup, C Cup, D Cup? What size is your breast cup?

crossroad

124 posts

Posted by crossroad > 2015-05-28 14:33 | Report Abuse

aiya rsult good but price no move.....

speakup

26,804 posts

Posted by speakup > 2015-05-28 14:41 | Report Abuse

already factored in good results.

kancs3118

2,212 posts

Posted by kancs3118 > 2015-05-31 18:36 | Report Abuse

Why the operating expenses spike up comparing quarter to quarter and year to year?

deOptimus

106 posts

Posted by deOptimus > 2015-06-02 20:39 | Report Abuse

i bought many based on icon8888 recommendation and now less than half-price... how la.

icon8888 pls advise.

icon8888

18,658 posts

Posted by icon8888 > 2015-06-15 20:09 | Report Abuse

U dei sei loh. Who ask u to follow a half bucket blogger ? Wahahaha

icon8888

18,658 posts

Posted by icon8888 > 2015-06-15 20:14 | Report Abuse

I purposely wrote to trap u. You blow meh ?

icon8888

18,658 posts

Posted by icon8888 > 2015-06-15 20:18 | Report Abuse

Ha ha good good good. Sifu is sifu, not so easy to trap

chshzhd

1,908 posts

Posted by chshzhd > 2015-06-15 21:08 | Report Abuse

tq icon8888:)

dingding

843 posts

Posted by dingding > 2015-06-16 20:01 | Report Abuse

Icon8888, can you please revisit GOB, share us some latest news...

opteron82

14 posts

Posted by opteron82 > 2015-06-17 00:26 | Report Abuse

here got some GOB fundamental analysis.
http://www.investalks.com/forum/forum.php?mod=viewthread&tid=28612&extra=&page=186

Posted by Ooicheebai > 2015-06-17 00:32 |

Post removed.Why?

Posted by freeman975 > 2015-06-17 23:37 | Report Abuse

hopefully the money get from right issue and land sales able to bring down total borrowing.....

kancs3118

2,212 posts

Posted by kancs3118 > 2015-06-18 16:22 | Report Abuse

GOB should have just stick with their core area being property development. The monies spent on venturing into the F&B industry is better served the high loan liability and reward the shareholders with dividends.

The F&B segment is making losses and thus dragging down the entire profit for FY2015. What a shame. This segment is headed by a director Ta who is actually quite a young guy who is either late twenties or late thirties. His father's reputation precedes him.

Furthermore, this segment recently expanded into the F&B business in China.

But I guess this is going to be a classic textbook case of business restructuring...where you think you bought a prince at the price of a toad and able to kiss the toad and it will turn into princess. But the toad still stays a toad and you may need to sell the toad at the price of a prince.

Hopefully, this may not be the case.

Post a Comment
Market Buzz