GUAN CHONG BHD

KLSE (MYR): GCB (5102)

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Last Price

2.82

Today's Change

+0.02 (0.71%)

Day's Change

2.80 - 2.87

Trading Volume

821,400


13 people like this.

4,266 comment(s). Last comment by ScotFree 2 weeks ago

kenteoh94

1,041 posts

Posted by kenteoh94 > 2016-01-20 10:58 | Report Abuse

excfo, 0.005 goreng until 0.22, a lot of money earned, and rmb, the premium on the warrant they would earned if no one is going to exercise. just my 2 cent.

ExCFO

278 posts

Posted by ExCFO > 2016-01-20 11:07 | Report Abuse

If I am the CFO of GCB, I would have asked the broker to support the head share at 10% above the exercise price to ensure that the majority of them would pick them up. Having said that however, under the current market condition who got the money to exercise it!

traderman

7,854 posts

Posted by traderman > 2016-01-20 11:08 | Report Abuse

if i am cfo and i know gcb next quarter wont be good, i will ask broker to sell everything

kenteoh94

1,041 posts

Posted by kenteoh94 > 2016-01-20 11:08 | Report Abuse

yea, if really no confidence, just avoid. market sentiment is bad, dont play play with those stocks you have no faith

kenteoh94

1,041 posts

Posted by kenteoh94 > 2016-01-20 11:10 | Report Abuse

c the gcb-wa price now

ljmeng

830 posts

Posted by ljmeng > 2016-01-20 11:11 | Report Abuse

liao......really liao....warrant become toilet paper soon.....

kenteoh94

1,041 posts

Posted by kenteoh94 > 2016-01-20 11:11 | Report Abuse

recently this forum many people con others , rmb, that is your own hard-earned money, make your own decision and judgment, if can, do some homework. just my 2 cents.
pity seriously.

ExCFO

278 posts

Posted by ExCFO > 2016-01-20 11:17 | Report Abuse

always set a stop lose or else you will lose your trousers

alibabacoming

3,466 posts

Posted by alibabacoming > 2016-01-20 11:17 | Report Abuse

mother son also have to sell now.
don't wish anything.

Gekko

47 posts

Posted by Gekko > 2016-01-20 11:20 | Report Abuse

this is one big con game!

kenteoh94

1,041 posts

Posted by kenteoh94 > 2016-01-20 11:21 | Report Abuse

yea,sometime pain is a must, why drop a little you dont want to sell , when it drop further you straight sell it without thinking?this is so called panic sell. make your own portfolio with certain circumstances and adjust it if necessary.

tanbb

1,334 posts

Posted by tanbb > 2016-01-20 11:22 | Report Abuse

warrant already gone case.

kenteoh94

1,041 posts

Posted by kenteoh94 > 2016-01-20 11:23 | Report Abuse

still got many people trying hard lol.

MMCP

287 posts

Posted by MMCP > 2016-01-20 11:30 | Report Abuse

wah! wa! wa! who still going to support?

kenteoh94

1,041 posts

Posted by kenteoh94 > 2016-01-20 11:32 | Report Abuse

many fake support is there, i have monitor whole morning.haha, if you think you can act as hero can just go support too

traderman

7,854 posts

Posted by traderman > 2016-01-20 11:33 | Report Abuse

360Capitalist GCB : The Darling of Bursa Malaysia In 2016

1) The raw material Cocoa price dropped from USD3400 to 2860 per MT or 12 %, based on the chart the cocoa price will drop further to USD2400 level. The material cost saving will translate into RM70Mil saving based on last quarter Sales of RM700Mil.
http://www.nasdaq.com/markets/cocoa.aspx?timeframe=1y

2) Barry Callebaut to close Thai cocoa plant, cuts Malaysian capacity
This will further boost GCB market share in SEA with quarterly sales jumped from RM564mil to RM700mil. Currently, the production is running at full capacity.
http://www.reuters.com/article/barry-calle-cocoa-asia-idUSL1N12Z24T20151104

3) Strong USD will further improve the profit margin of GCB as 90% of revenue from export markets.

Based on number of shares issued of 476mil, and annual sales projection of RM 2.8 Billion or RM700mil per Quarter, we should foresee quarterly profit hitting RM100mil / EPS 21 cts for Q1, 2016 or annual profit of RM400mil with EPS per annuam at 80 Cts.

Target Price : RM8.00 within 12 to 18 months.
13/01/2016 17:28

traderman

7,854 posts

Posted by traderman > 2016-01-20 11:33 | Report Abuse

cstrader 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.

mikeong

7 posts

Posted by mikeong > 2016-01-20 12:39 | Report Abuse

When uptrend all the good news, now down trend all the bad news. Ppl mother and son no hope. The shark gone edi.

MMCP

287 posts

Posted by MMCP > 2016-01-20 13:00 | Report Abuse

@kneteoh ~ i wont enter to this wa wa counter xD

traderman

7,854 posts

Posted by traderman > 2016-01-20 13:16 | Report Abuse

Market will collapse in second half later, sell at opening before reach 1.3

Posted by LACHARSINGH > 2016-01-20 13:17 | Report Abuse

can become Grilled Chicken Burger - GCB?

Loopie

86 posts

Posted by Loopie > 2016-01-20 13:21 | Report Abuse

Lot of people are creating chaos around the big drop of the stock price today. It's up to you to decide if you should probably just cut loss, or continue holding, or buy in to average down your overall base price of the stock... No one will be able to manage your fund better than you do it yourself.

traderman

7,854 posts

Posted by traderman > 2016-01-20 14:20 | Report Abuse

is already a grilled burger

i4investor

2,797 posts

Posted by i4investor > 2016-01-20 14:43 | Report Abuse

now I become GCB budger...who want eat me?

mfmqqq

211 posts

Posted by mfmqqq > 2016-01-20 15:39 | Report Abuse

substantial selling by gcb's chairman of gcb shares since 15 jan....theres's new controlling shareholder...tp still maintain ...accumulate at panic sell..accumulate...avoid any contra play...gd luck ...going to report favourable results...

ExCFO

278 posts

Posted by ExCFO > 2016-01-20 15:53 | Report Abuse

where did you get the information from. I could only see the CEO was buying in Dec 15. No announcement of Chairman selling!

mfmqqq

211 posts

Posted by mfmqqq > 2016-01-20 15:55 | Report Abuse

chairman selling gcb wa....

tanbb

1,334 posts

Posted by tanbb > 2016-01-20 15:56 | Report Abuse

selling?

DK122

169 posts

Posted by DK122 > 2016-01-20 16:16 | Report Abuse

said it earlier...lao chocolate sai..

ExCFO

278 posts

Posted by ExCFO > 2016-01-20 16:24 | Report Abuse

look like the broker trying to support warrant at 4.5c!!!

ExCFO

278 posts

Posted by ExCFO > 2016-01-20 16:26 | Report Abuse

I guess a lot less money is needed to support the warrant than pushing the head share up!!!

traderman

7,854 posts

Posted by traderman > 2016-01-20 16:59 | Report Abuse

i4 you still keep ???? paper loss 15k now !!!! omg

ExCFO

278 posts

Posted by ExCFO > 2016-01-20 17:06 | Report Abuse

tomorrow will be an interesting day for this counter

traderman

7,854 posts

Posted by traderman > 2016-01-20 17:08 | Report Abuse

will continue dive to 1.1. avoid

King Musang

1,077 posts

Posted by King Musang > 2016-01-20 17:58 | Report Abuse

They push down cheap so people will buy and convert..once after 27/1, they will push mother up, so all those WA holder will convert, then money will go to company for business expansion...they will then reward them with higher mother share...the strategy is to ensure full subscription

ExCFO

278 posts

Posted by ExCFO > 2016-01-20 17:59 | Report Abuse

DJ futures looks bad. better stay out.

cstrader

937 posts

Posted by cstrader > 2016-01-20 21:49 | Report Abuse

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

nekosan

3,637 posts

Posted by nekosan > 2016-01-20 22:07 | Report Abuse

Haha wArn you all already got conman delete comments

Y2016

165 posts

Posted by Y2016 > 2016-01-20 23:47 | Report Abuse

Seems danger to invest in this company; be cautious

traderman

7,854 posts

Posted by traderman > 2016-01-21 06:09 | Report Abuse

Prepare to buy 1.2 today and sell 1.3 for rebound.

ExCFO

278 posts

Posted by ExCFO > 2016-01-21 09:24 | Report Abuse

I hope some of you have taken the chance to get out this morning.

sharktank

805 posts

Posted by sharktank > 2016-01-21 09:30 | Report Abuse

Sifu in I3 all ask ppls to keep as still above 200SMA leh.

ExCFO

278 posts

Posted by ExCFO > 2016-01-21 09:41 | Report Abuse

look at wa now 1.5c. It will affect the ord share price.

traderman

7,854 posts

Posted by traderman > 2016-01-21 09:44 | Report Abuse

they want to make it 0.005

murali

5,723 posts

Posted by murali > 2016-01-21 09:51 | Report Abuse

Special thanks to all the Holland Conmen in this thread:

1) AlphaJack Senior Trader (assisted by one toilet lady n one tea lady)
2) 360 Capitalist
3) Alpha Trader
4) CS Trader

Without your endless promotion and hardworks here the Boss wouldnt be laughing all the way to his banks

murali

5,723 posts

Posted by murali > 2016-01-21 09:54 | Report Abuse

For all those SH who get trapped and are crying father and mother now, thanks to nobody else except yr good self...happy trading

ExCFO

278 posts

Posted by ExCFO > 2016-01-21 09:56 | Report Abuse

if the wa buyers are buying at 1.5c, they are saying that the head share is worth at least1.36

murali

5,723 posts

Posted by murali > 2016-01-21 10:04 | Report Abuse

if the wa buyers are buying at 20c, they are saying that the head share is worth at least 1.54...

Simple maths..just plug in the figure...WA + 1.34 will do....what will be the price of mother after u converted then?? If mother share is RM2 or RM8 as somebody mentioned then all WA holder will be laughing to the banks with Boss...All happy together....no one lose....

i4investor

2,797 posts

Posted by i4investor > 2016-01-21 10:32 | Report Abuse

1) AlphaJack Senior Trader (assisted by one toilet lady n one tea lady)
2) 360 Capitalist
3) Alpha Trader
4) CS Trader

if u purposely trap ppl hard earn money, on the road, pls drive carefully...see the car, see the stone from the sky, tree beside...

if u not, don't worry

i4investor

2,797 posts

Posted by i4investor > 2016-01-21 10:35 | Report Abuse

huge loss in few days time :(...cannot sleep...cannot eat...

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