Ivory Coast is the world leading cocoa producing country. By setting up a company in Ivory, they can source better quality and cheaper price of cocoa bean, semi finished product like cocoa mass, cocoa cake or even finished product like cocoa butter. With this move, Gcb can bring down the operating cost and maximize the profit. Overall this is a good investment.
Competitor JBFood in SGX flying high hovering at SGD0.70. It is known fact that cocoa market is optimistic for year 2018/19. What's up with GCB sliding down? Got big kaki goreng and no big difference yoy..SGX also can goreng, tot regulator supposed to be stricter than KLSE. Maybe market perceive cash tight due to aggressive expansion. buy now wait for TP2.50?
The price is pe 10.5 only base on strong earning forecast the stock price shall potential hit rm3.00 by end 2018 if the full year results is doing somewhere as per the quarter 4 2017 . We can be long for GCB counter
The similiar thing I have been saw GKENT. ( I dint compared GKENT to GCB, okay?) GKENT moved from RM3.25 to RM3.46. then, in next day the price move chart pull back to RM3.33 with very low vol. someone or maybe like stockintalk say sell at every 100-200 shares with low price, so, the price keep drop and drop, it created other peoples to Q to sell at big vol of quantities shares at higher a bit. Please see below as a example.
buy vol ( Q for sell directly, easy to make price drop ) RM3.35: 5000 RM3.34: 8000 RM3.33: 4000
sell vol: ( Q higher a bit to let other peoples buy directly ) RM3.36: 20000 RM3.35: 24000 RM3.34: 30000
Let me explain. RM3.35 对 RM3.36 when ppls purposely throw at 3.35 with less vol of shares, then will created other panic peoples to Q at RM3.36 with biger vol shares. 这样就让有心人直接吃掉RM3.36 的 shares.
Vol so little. Mana satu lanjau group of ppls making price move to cheating innocent shareholders, will terima HUKUMAN pada akhir hayat. Hukuman bukan bentuk wang.
is the decline in price purely manipulation from retail investors? there must be something more to it. could it be something to do with the setting up of business in ivory coasts?
It must be inside infor that we dont know but the directirs know. Looking at how it slide slowly each day, looks like a cashing out from certain party or parties
It's not necessary bad. Normally cocoa grinder will keep cocoa bean or lock long term contract of cocoa bean supplier when the bean price still low. Gcb trader is good on predict the bean price. With these, in fact they can earn more. Now cocoa bean is higher than previous, but they are using the bean with lower price. Personally I predict 2018 1st quarter results must be very good against 2017 1st quarter results. Then 2018 2nd quarter results will be as good as 2017 2nd quarter results.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Ccmm
37 posts
Posted by Ccmm > 2018-01-21 20:48 | Report Abuse
Fbi999, 110% 赞成。我一直很期待Gcb 4th quarter results