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

kingsuft

11 posts

Posted by kingsuft > 2016-12-23 19:26 | Report Abuse

lol

Posted by allanchong1988 > 2017-02-02 13:32 | Report Abuse

Wonder GCB can manage to acquire cheaper raw material as the price of raw material now dropping...

jcpy

216 posts

Posted by jcpy > 2017-02-04 16:22 | Report Abuse

Latest grinding data indeed showed positive trends of higher cocoa demand. Based on recently announced statistics, grinding in Malaysia rose 18.7% from a year ago to 57,029 tonnes in 4Q 2016, while the data from Cocoa Association of Asia reported a stronger 4Q 2016 grinding number, an increase of 16.9% over Q4 2015. Check out the link at http://www.cocoaasia.org/news20170119.php for more info. GCB may post strong 4Q revenues in the coming financial results which is expected to be out this month.

nick_ck

619 posts

Posted by nick_ck > 2017-02-08 16:01 | Report Abuse

Q4 sure will be the best quarter, don't miss the boat. TP 1.3 + possible dividend.

Posted by Chua See How > 2017-02-20 11:12 | Report Abuse

@ jcpy and @ nick_ck, how if GCB need to sell the grinded cocoa powder follow raw material price. Meaning now cocoa price dropping and GCB selling cocoa powder at lower price too......then the story will be different already

jcpy

216 posts

Posted by jcpy > 2017-02-21 10:01 | Report Abuse

Hi Chua, for cocoa processors like GCB, their profitability is very much depended on the ratio between the input cost (cocoa bean prices) and the combined output price (cocoa butter and powder prices). In other words, the price of cocoa butter and powder is traded independently and quoted as a ratio of the cocoa bean price. Obviously with the falling cocoa bean price, GCB should have better processing margin in terms of higher cost savings, provided that GCB managed to stock up cocoa at lower prices. I also gather that the selling prices of cocoa butter and powder should be holding up well since 4Q 2016 given the strong grinding data due to better market demands. Overall, I hope to see a better 4Q results.

nick_ck

619 posts

Posted by nick_ck > 2017-02-23 16:17 | Report Abuse

The Group’s revenue of RM 543.5 million for the current quarter ended 31 December 2016 is lower than the
revenue in the previous corresponding quarter ended 31 December 2015 of RM 653.8 million. The decrease of
16.9% in turnover is mainly due to decrease in sales volume of cocoa butter and cake.
The Group made a profit before tax for the quarter ended 31 December 2016 of RM 6.4 million as compared with
the profit before tax of RM 13.3 million in the preceding year corresponding quarter ended 31 December 2015.
This is mainly due to higher net loss on foreign exchange, which arising from weakening of Ringgit Malaysia
against US Dollar, for preceding year corresponding quarter ended 31 December 2015 as compared to current
quarter ended 31 December 2016.

nick_ck

619 posts

Posted by nick_ck > 2017-02-23 16:19 | Report Abuse

Forex loss, not a good quarter and no dividend, look forward to next quarter with cheaper cocoa price

nick_ck

619 posts

Posted by nick_ck > 2017-03-15 16:30 | Report Abuse

Vy good price to enter now :)

Desammy99

22 posts

Posted by Desammy99 > 2017-03-16 11:48 | Report Abuse

Actually the debt is quite high for this company.
And the cocoa price is actually affected by pounds, whereby theresa may is going to invoke the article 50 for a brexit soon
Wont buy in any yet even if it is a its very low

Posted by allanchong1988 > 2017-03-16 14:35 | Report Abuse

Actually the raw cocoa price has dropped significantly.
We can say they are actually buying raw cocoa at cheaper price, However, i'm still wondering can they turnaround the Company.
Looking forward to the next QR, if still no improvement then say bye bye to them.

nick_ck

619 posts

Posted by nick_ck > 2017-03-16 15:49 | Report Abuse

Almost hit 52 weeks Low, technical rebound soon

watchful2

51 posts

Posted by watchful2 > 2017-03-16 16:18 | Report Abuse

This co worth to invest.

Desammy99

22 posts

Posted by Desammy99 > 2017-03-17 14:05 | Report Abuse

Allan, ya i agree. And for now they have to clear off their debts asap. Or else once brexit takes place things could be worsen then.

nick_ck

619 posts

Posted by nick_ck > 2017-03-17 16:35 | Report Abuse

Recently so high volume, hopefully is good sign
GCB fundamental still vy strong

Desammy99

22 posts

Posted by Desammy99 > 2017-03-17 17:49 | Report Abuse

Only their PE ratio is acceptable as in fundamental btw lol
But yap i think this counter in acceptable because it never has any bad news or rumours.
Anyone has idea about their management performance?

Posted by allanchong1988 > 2017-03-18 08:20 | Report Abuse

Anyone work in GCB? Please share your thought? xD

nick_ck

619 posts

Posted by nick_ck > 2017-03-24 13:06 | Report Abuse

Slowly climb up, fundamental stock jus good for Long term.

Desammy99

22 posts

Posted by Desammy99 > 2017-04-05 17:15 | Report Abuse

Cocoa price suddenly moves up a lot today. Good news?

Wei3

29 posts

Posted by Wei3 > 2017-04-12 10:47 | Report Abuse

No wonder 98.5..

Wei3

29 posts

Posted by Wei3 > 2017-04-12 10:58 | Report Abuse

Bro. Desammy99
You are so informative..

nick_ck

619 posts

Posted by nick_ck > 2017-04-12 11:22 | Report Abuse

I Guess Hv some positive news inside... syok arrr

Huat Huat

905 posts

Posted by Huat Huat > 2017-04-18 18:12 | Report Abuse

sold all at rm 1.02.

Doer

423 posts

Posted by Doer > 2017-04-19 14:48 | Report Abuse

any info???

nick_ck

619 posts

Posted by nick_ck > 2017-04-20 10:10 | Report Abuse

Finally, I has wait for 1-2 yrs dy. fast fast 1.5 pls

hoolahoo

126 posts

Posted by hoolahoo > 2017-04-20 10:19 | Report Abuse

Nick good counter. I have waited for more than 2 yrs but always got dividends. Infact all counters are good to enter especially Dnex and Gpacket as well. The market oversold due to war rhetoric between US and North Korea. There will another bull coming due to early election. Already see alot of campaign cash $$$$$ flooding around.

Arnabputih

155 posts

Posted by Arnabputih > 2017-04-20 10:19 | Report Abuse

Bought :1.04, sell:1.09, enough for today makan tengah hari... thx GCB and Bonescythe sharing...

nick_ck

619 posts

Posted by nick_ck > 2017-04-20 10:51 | Report Abuse

Fundamental vy strong, Jus matter of time to shoot up. Congratss

Doer

423 posts

Posted by Doer > 2017-04-20 12:48 | Report Abuse

just cash out at 1.10

ravih

23 posts

Posted by ravih > 2017-04-21 08:36 | Report Abuse

Triggered Buy Signal today

nick_ck

619 posts

Posted by nick_ck > 2017-04-21 09:27 | Report Abuse

If Hv more analysis report sure will surge up in fast pace

reev3

11 posts

Posted by reev3 > 2017-04-27 10:17 | Report Abuse

GG.com everyday drop few sen

Posted by radiance123 > 2017-04-27 10:26 | Report Abuse

Buy call...

Cockcroach

624 posts

Posted by Cockcroach > 2017-04-29 20:59 | Report Abuse

Yes". Uptrend next week!!

Hk Wong

420 posts

Posted by Hk Wong > 2017-04-30 08:05 | Report Abuse

Next qtr will still be losses. Need to wait another quarter. The actual beneficiary is nestle.

Cockcroach

624 posts

Posted by Cockcroach > 2017-04-30 10:58 | Report Abuse

This quarter made profits, next quarter should be better with strengthening of RInggit

Casa1188

20 posts

Posted by Casa1188 > 2017-05-03 14:20 | Report Abuse

Can buy?

nick_ck

619 posts

Posted by nick_ck > 2017-05-03 16:13 | Report Abuse

Can

nick_ck

619 posts

Posted by nick_ck > 2017-05-03 16:53 | Report Abuse

Buy bfr result out 30 May

Toto2009

601 posts

Posted by Toto2009 > 2017-05-24 21:34 | Report Abuse

So quiet GCB this few days....

Galant

171 posts

Posted by Galant > 2017-05-25 15:21 | Report Abuse

the calm before the windfall

Good Good

21 posts

Posted by Good Good > 2017-05-25 20:09 | Report Abuse

TP 1.56 ???

Good Good

21 posts

Posted by Good Good > 2017-05-25 21:00 | Report Abuse

Good qtr results plus weaker USD.

Posted by Sebastian Sted Power > 2017-05-26 16:52 | Report Abuse

JBfoods post good QR; GCB will do the same too

Desammy99

22 posts

Posted by Desammy99 > 2017-05-30 10:55 | Report Abuse

Agm today, drop so much?management so poor?

Posted by Sebastian Sted Power > 2017-05-30 12:25 | Report Abuse

any news from AGM? I don't see any reason why cant deliver a good QR? From the current JBfoods QR, I think GCB will post a stronger QR. Hopefully EPS above 3!!

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