GUAN CHONG BHD

KLSE (MYR): GCB (5102)

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Last Price

3.01

Today's Change

+0.20 (7.12%)

Day's Change

2.80 - 3.08

Trading Volume

3,812,200


13 people like this.

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

gemfinder

6,880 posts

Posted by gemfinder > 2020-01-04 14:52 | Report Abuse

Which 10 stock?

Agjl

5,763 posts

Posted by Agjl > 2020-01-06 09:10 | Report Abuse

Reload below 2.90

Sc Hew

43 posts

Posted by Sc Hew > 2020-01-06 09:52 | Report Abuse

very strong support at 2.95

Agjl

5,763 posts

Posted by Agjl > 2020-01-06 10:52 | Report Abuse

Will wait....

lee9fold

4,730 posts

Posted by lee9fold > 2020-01-06 13:45 | Report Abuse

chance to stock up, nth to scare

wilsonngoh

253 posts

Posted by wilsonngoh > 2020-01-06 15:33 | Report Abuse

Walaooooo. Faster runnnnn

lee9fold

4,730 posts

Posted by lee9fold > 2020-01-06 15:56 | Report Abuse

chase high, then run and cut loss? hahaha

wilsonngoh

253 posts

Posted by wilsonngoh > 2020-01-06 16:31 | Report Abuse

Hahahha..

michaelwong

3,072 posts

Posted by michaelwong > 2020-01-06 21:21 | Report Abuse

Buy high must berani cut lost woi !

wilsonngoh

253 posts

Posted by wilsonngoh > 2020-01-06 21:29 | Report Abuse

Gogogo

voonyoke

1,036 posts

Posted by voonyoke > 2020-01-07 00:38 | Report Abuse

hahaha. A few months ago news becomes new news.

Agjl

5,763 posts

Posted by Agjl > 2020-01-07 12:19 | Report Abuse

Old news, new news, all provide reasons to sell down

longranger

220 posts

Posted by longranger > 2020-01-07 16:03 | Report Abuse

GCB can pass on the cost easily to customer as their capacity is full.

Agjl

5,763 posts

Posted by Agjl > 2020-01-07 16:50 | Report Abuse

Yohoo!!!! Reload 2.85

Joe Ng

210 posts

Posted by Joe Ng > 2020-01-07 20:39 | Report Abuse

"But in the long term, higher prices will mean overproduction, hurting the farmer income the nations are trying to protect. It will also stimulate more plantings in competing producers including Nigeria, Cameroon and Ecuador, where the premium paid in the physical market could also rise."
Short term pain,long term gain.The price will move lower due to overproduction.As the demand for cocoa powder is still expected to rise, GCB is still worth investing,especially after the construction of the ivory coast plant.

Agjl

5,763 posts

Posted by Agjl > 2020-01-08 09:53 | Report Abuse

Reload warrants

jojo85

460 posts

Posted by jojo85 > 2020-01-08 10:03 | Report Abuse

Will wait until untill it makes support..

jojo85

460 posts

Posted by jojo85 > 2020-01-08 10:05 | Report Abuse

Falling with volume is a downtrend sign

Bigbull99

1,104 posts

Posted by Bigbull99 > 2020-01-08 11:02 | Report Abuse

Every stock is falling with volume. Now is volatile days plus coming quarter earnings should be below expectations.

Posted by smokinweeds > 2020-01-08 11:07 | Report Abuse

Why would quarter earnings be below expectations though? The company is fundamentally strong. The only reason why I see it might be below expectations is because of revenue recognition cutoff and spill over to 1Q2020

Posted by investortrader88 > 2020-01-08 12:17 | Report Abuse

done top up RM 2.70 !

gemfinder

6,880 posts

Posted by gemfinder > 2020-01-08 12:39 | Report Abuse

trade today.. bought 2.70 sold 2.74. act fast

longranger

220 posts

Posted by longranger > 2020-01-08 12:56 | Report Abuse

bought some.

Newbiesi3

28 posts

Posted by Newbiesi3 > 2020-01-08 14:55 | Report Abuse

why drop so much, continuously drop for a week

Agjl

5,763 posts

Posted by Agjl > 2020-01-08 15:17 | Report Abuse

Chill guys! Short term trader respond to the old report. Overall, market is down thanks to this dumb axx trump. He is looking for a war to boost his campaign for reelections

slts

2,236 posts

Posted by slts > 2020-01-08 16:06 | Report Abuse

3m cross trade at 2.78

longranger

220 posts

Posted by longranger > 2020-01-08 16:28 | Report Abuse

@bigbull99, i think you are right the coming qtr is below expectation. Due to the fact that funning in full capacity i wont expect big grow vs previous qtr. However i am excited for the subsequent qtr with newly acquired business consolidate result. we should be able to see through a few qtr from now. Bargain price now.

Agjl

5,763 posts

Posted by Agjl > 2020-01-08 16:33 | Report Abuse

I beg to differ that coming quarter below expecations. Could it be we expect too much or we without realising how tough the world and expect high? Lets wait and see

Agjl

5,763 posts

Posted by Agjl > 2020-01-08 16:37 | Report Abuse

Historic high volume

Agjl

5,763 posts

Posted by Agjl > 2020-01-08 18:42 | Report Abuse

I believe there is a pass on cost clause

Agjl

5,763 posts

Posted by Agjl > 2020-01-08 18:43 | Report Abuse

Eberythg has gone up. Even now a hawker chicken rice cost 6.50

ooihk899

2,057 posts

Posted by ooihk899 > 2020-01-08 18:48 | Report Abuse

mplus123 n Agjl pls comment with facts. Don't TCLSS. Pls check Busy Weekly interview with the boss(6 months ago, I think), then you will know how does the cocoa price affect GCB's profit.

Agjl

5,763 posts

Posted by Agjl > 2020-01-08 19:03 | Report Abuse

Ooihk899....since i m TCLSS, please enligthen me with your insightful view...cant wait..i m a novice...help. So i wont TCLSS

longranger

220 posts

Posted by longranger > 2020-01-08 20:34 | Report Abuse

line capacity is fully booked 6mth ago means GCB has lock in their raw material immediately when they received order. little effect on bottom line. correct me if wrong

ooihk899

2,057 posts

Posted by ooihk899 > 2020-01-08 20:47 | Report Abuse

It's all in Busy weekly. Haiz! Want to make money but don't want to invest in yourself!!! Already show you the fish, pls fish for youself.

Agjl

5,763 posts

Posted by Agjl > 2020-01-08 23:50 | Report Abuse

Ooihk899.....hahahahah u are so good show us the fishes already!!!! I can only laught. Haha ya i have plenty to invest and dont bother to invest myself...yes indeed. I will let you sing your own song of greatness....:)

Posted by investortrader88 > 2020-01-09 09:04 | Report Abuse

huat ahhhhhhhhh. !

kllady_fidah

1,700 posts

Posted by kllady_fidah > 2020-01-09 11:37 | Report Abuse

hi guys im back

Agjl

5,763 posts

Posted by Agjl > 2020-01-09 11:39 | Report Abuse

:))

Bigbull99

1,104 posts

Posted by Bigbull99 > 2020-01-09 11:55 | Report Abuse

oh man, so fast it jump! Didn't collect enough warrant yesterday, thought one more round drop today and top up 2nd half. looks like only UP UP now for this stock.

Posted by Sunshine88 > 2020-01-09 12:05 | Report Abuse

This is the article
ooihk899 referring
httpss://themalaysianreserve.com/2019/07/25/guan-chong-to-match-worlds-top-cocoa-grinders-in-5-years/

longranger

220 posts

Posted by longranger > 2020-01-09 12:18 | Report Abuse

"To me, the proposed floor price of US$2,600 per tonne is fair. Our business model allows us to almost fully pass the cost to our direct customers."
From GCB CEO. extracted from link @sunshine88

Agjl

5,763 posts

Posted by Agjl > 2020-01-09 14:05 | Report Abuse

Sunshine88....thank you for providing the link. I knew this link and have read. M just teasing ooihk899.

He was saying that i TCLSS WHEN I Was making comment that the higher cost could be passed on to customers based on the company’s policy. Ans ask me to based on facts. May be he joined a bit too late that many facts we all talked about he missed it.

I m in since 2016, so more or less i know litte facts about GCB. But its ok...this is the forum...feel free to express....but with class . I will only smile when was told i TCLSS...:) cheers guys. Have a nice ang pao. Those reloaded congrat, those have not, still have chance...

wan7075

239 posts

Posted by wan7075 > 2020-01-10 18:39 | Report Abuse

Agjl, what is TCLSS? i still holding GCB and hope it can stand back above rm3

Agjl

5,763 posts

Posted by Agjl > 2020-01-10 19:30 | Report Abuse

Wan7075.....hahahaha. TCLSS this u have to ask ooihk899....its better come out from his mouth cos i wont say this to anyone here. Ito me i dun think its nice and very much self arrogant.

Not to worry, GCB will cross 3 again when all dust setttled. It has recovered some ground since 2.70 few days back.

Of course there are uncertainties in regards to cocoa bean prices and lower tham expected upcoming results but i m hopeful. So stay cool, the figures will speak for itself soon

longranger

220 posts

Posted by longranger > 2020-01-13 12:27 | Report Abuse

i like this forum, the stock is uptrend buy quiet.

xiaobaby

58 posts

Posted by xiaobaby > 2020-01-13 12:37 | Report Abuse

back to 3 again

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