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

traderman

7,854 posts

Posted by traderman > 2016-01-16 23:48 | Report Abuse

Fyi top glove latest eps is 20 cent while gcb is only 4 cent

cstrader

937 posts

Posted by cstrader > 2016-01-17 00:02 | Report Abuse

TQ traderman. But GCB just started to turnaround last Qtr.

cstrader

937 posts

Posted by cstrader > 2016-01-17 00:06 | Report Abuse

On calculation if EPS is 5x lower than Top Glove, market cap should be 8.6/5 = 1.72 billion. Price then has upside potential to 3.57

Loo Ken

218 posts

Posted by Loo Ken > 2016-01-17 10:30 | Report Abuse

i also bought 1.6, fail to cut at closing .. paper loss 4 cents now ... sigh ... wish all sifu analysis above are true

cstrader

937 posts

Posted by cstrader > 2016-01-17 11:07 | Report Abuse

Don't worry. By CNY you put $$$ in pocket.

traderman

7,854 posts

Posted by traderman > 2016-01-17 12:18 | Report Abuse

By cny? Don't think so as result is end of February...

cstrader

937 posts

Posted by cstrader > 2016-01-17 12:23 | Report Abuse

Absolutely correct. And they are collecting as they know the extraordinary results. CNY because of rally.

alphajack

3,685 posts

Posted by alphajack > 2016-01-17 13:29 | Report Abuse

Seems that I am not the only one who heard about their results also...yes coming results are extraordinary and Alphatrader is not joking on the information he gave earlier..as much as I hate that stupid kid who did better than me in his Supermax calls (he entered at 2.20) and Myeg (he made 400% in the Myeg-CK while I only held the mother shares...Alphatrader is right...

I also have very reliable sources and after doing some huge digging and due d I know why they have lagged behind the last 2 years but is making a huge comeback now..This will be the darling in Bursa this year..RM 3 by middle of this year huat ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh

alphajack

3,685 posts

Posted by alphajack > 2016-01-17 13:31 | Report Abuse

Dont forget their largest client now is Hershey which completed their manufacturing plant in Senai recently...heard the contract they won is above 1 B..

cstrader

937 posts

Posted by cstrader > 2016-01-17 13:42 | Report Abuse

Alphatrader's views have substance. Look at his postings. Credible. And timely. By the way, it's simple Maths - established company, leader in it's sector. With low commodity price cocoa and weak ringgit receivables - margin gap improvement. It's a run away stock. Now we have operators playing. Once the institutional and foreign investors move in. There is no stopping Guan Chong :-) gong xi fah cai

pku123

46 posts

Posted by pku123 > 2016-01-17 14:02 | Report Abuse

Cheaper than the one in mcd

cstrader

937 posts

Posted by cstrader > 2016-01-17 14:47 | Report Abuse

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.

cstrader

937 posts

Posted by cstrader > 2016-01-17 14:49 | Report Abuse

Found this though a little backdated ya. Posted on Friday, I believe. Source: Malaysiastockbiz, BURSAMASTER 15 Jan 3.18 am

nekosan

3,637 posts

Posted by nekosan > 2016-01-17 22:39 | Report Abuse

Haha tomorrow buy more then. Below 1.5

alphajack

3,685 posts

Posted by alphajack > 2016-01-18 08:50 | Report Abuse

GCB will buck the trend. Keep accumulating

murali

5,723 posts

Posted by murali > 2016-01-18 09:40 | Report Abuse

alphajack GCB will buck the trend. Keep accumulating
18/01/2016 08:50

Senior Trader very geng....

murali

5,723 posts

Posted by murali > 2016-01-18 09:43 | 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.
17/01/2016 14:47

Keep a record here.

i4investor

2,797 posts

Posted by i4investor > 2016-01-18 09:46 | Report Abuse

Very chialat

cstrader

937 posts

Posted by cstrader > 2016-01-18 09:47 | Report Abuse

Yes the counter resist the selling - tomorrow back 1.60 and warrants .20

murali

5,723 posts

Posted by murali > 2016-01-18 09:49 | Report Abuse

So many Holland conmen in this thread, scary...

Loo Ken

218 posts

Posted by Loo Ken > 2016-01-18 10:26 | Report Abuse

trust no 1 in those free public forums

PDTs

61 posts

Posted by PDTs > 2016-01-18 11:30 | Report Abuse

1.34 in 29 days

traderman

7,854 posts

Posted by traderman > 2016-01-18 11:46 | Report Abuse

Write a comment..pdts slap the face of those sifu wannabe

Posted by eguardopos > 2016-01-18 11:52 | Report Abuse

depends on the cocoa price. due to poor crude oil, commodity price such as cocoa would follow suit meaning this counter will possibility go down more....

Posted by lewis27wong > 2016-01-18 11:55 | Report Abuse

This counter is benefit from lower cocoa cost, hence its profit margin is better.Thus it is good for this counter.

Posted by eguardopos > Jan 18, 2016 11:52 AM | Report Abuse

depends on the cocoa price. due to poor crude oil, commodity price such as cocoa would follow suit meaning this counter will possibility go down more....

Gekko

47 posts

Posted by Gekko > 2016-01-18 12:00 | Report Abuse

as soon as buy in, next day down.... are all the sifus analysis accurate??

cstrader

937 posts

Posted by cstrader > 2016-01-18 12:15 | Report Abuse

Better buy GCB. Warrants will expire soon. Risky.

traderman

7,854 posts

Posted by traderman > 2016-01-18 12:21 | Report Abuse

Stop posting those old news which already factor in by current price

IBInsider

108 posts

Posted by IBInsider > 2016-01-18 14:49 | Report Abuse

lewis, your not making any sense, lower cocoa cost means lower production cost, your saying that due to poor crude oil will somehow further affect and decrease commodity prices even further and then cocoa prices fall further and somehow its bad for this counter? what is this logic, no offence

i4investor

2,797 posts

Posted by i4investor > 2016-01-18 14:49 | Report Abuse

don't know should cut loss or not? hanging at 1.60

Loo Ken

218 posts

Posted by Loo Ken > 2016-01-18 14:55 | Report Abuse

i think he said like oil price, if oil price down means oil company sell oil at lower price.

traderman

7,854 posts

Posted by traderman > 2016-01-18 14:55 | Report Abuse

haha u cut now your half a millionaire dream gone ...

DK122

169 posts

Posted by DK122 > 2016-01-18 15:20 | Report Abuse

cut la...this is pangsai chocolate stock...wn come out or dun wn come out...ask gcb see doctor..

i4investor

2,797 posts

Posted by i4investor > 2016-01-18 15:21 | Report Abuse

be1ow 1.50 I only cut, tmr will reboud!

cstrader

937 posts

Posted by cstrader > 2016-01-18 15:36 | Report Abuse

Don't cut

cstrader

937 posts

Posted by cstrader > 2016-01-18 15:37 | Report Abuse

Mother price will support the warrant. Otherwise, no value on expiry. Objective to entice conversion. So get funding.

cstrader

937 posts

Posted by cstrader > 2016-01-18 15:42 | Report Abuse

They could have put to death the warrant if mother share push down to 1.35 today. There would have been limit down for the warrant which will be suspended next Tuesday. It was just announced to Bursa late Friday. Obviously they did not. And who would be buying a warrant that needs conversion by coming out with additional 1.35 ???

There is something we don't know. Or rather I.

cstrader

937 posts

Posted by cstrader > 2016-01-18 15:44 | Report Abuse

Obviously price upside is more likely given this scenario.

i4investor

2,797 posts

Posted by i4investor > 2016-01-18 16:03 | Report Abuse

sell if below 1.50!

i4investor

2,797 posts

Posted by i4investor > 2016-01-18 16:04 | Report Abuse

keep if 1.50 still there

murali

5,723 posts

Posted by murali > 2016-01-18 16:11 | Report Abuse

Last day of trading for GCB-WA is by 5pm , 26 Jan 2016. Ex Price Rm1.34.

Pandai-pandai....

traderman

7,854 posts

Posted by traderman > 2016-01-18 16:20 | Report Abuse

1.51 now. I4 paperloss 5.4k. How pity after con by people here

DK122

169 posts

Posted by DK122 > 2016-01-18 16:41 | Report Abuse

cut n run!!!

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-01-18 17:01 | Report Abuse

8
8
8
8
JHM COSOLIDATION BERHAD ( ACE )
@ $0.45 / P.e. 11.7 / Roe. 14.5 / Shares 1.23 mil lots / Market cap $55 mil

I BELIEVE

Bull Born On Pessimistic,
Rise on Skeleton...


MY QUICK THOUGHT

1. ( In searching my 2016 Sweets spot ), i was same like u here, try very best to figure it out. As
often, always retaining some 30+ counters in my pools.
2. ( Theme ? - Green/Broadband tecnologies e.g. Solar power, Led, Biomass,Wi-fi ), its a must to
furthur guide me into it. Only want to discuss Automotive LED here; [ i was inspired by
Icon8888 article on micro elect. and Automotive LED manufacturer.]
3. ( Targeting Counter ; JHM / D&O , Tekseng ) only want to discuss JHM here.


COMMENTARY ON AUTO LED

1. Taiwan,China & Japan foreign fund seriously tap into ,Malaysia through M&A e.g. Tekseng /
D&o .....
2. Global LED to grow into USD 63 Bil in 2020, from currently USD 18 Bil in 2015 . THIS PLOT
ARE BOOMING LIKE HOT CAKE
3. Not yet on any fund manager radar yet, JHM is a ACE board counter.
4. Main Board counter D&O, has a rating of 15FY x 37 P.e. by PBB . ( D&O, has the most close
segment with JHM )
5. Gentle remind here; consumer LED are having intensively competition, While D&O has slowly
out from it and reap high into AUTOMOTIVE-INTERIOR LED and resulting D&O - 3rd Qtr 2015
vs 3rd Qtr 2014 propelled to 34% growth ; D&O is expected to achieve admirable earnings
growth of 30%-40% over the next 2 years . JHM has tap into the AUTOMOTIVE- EXTERNAL
HB LED which expected to do very well actually will enjoying highest margin amongts other
divison of LED .


>>> JHM ( Financial Basic )


Revenue : Rm 149.0 mil , projected annualisation result (strongest ever)
Profit to Share Holders : Rm 6.3 mil , Ditto ( Most profittable year )
Earning per share : Rm 0.0513 cent, Ditto ( Shud me more )
[ can refer it from here; http://klse.i3investor.com/servlets/stk/fin/0127.jsp ]

P.1/2
'''''''''''''''''''''''''''''''''''V'''''''''''''''''''''''''''''''''''
17/01/2016 21:13

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-01-18 17:03 | Report Abuse

8
8
8
8
>>> JHM ( TA )


JHM ,has been detected by CHAN SIFU 's ATM Software, Dated 14-Jan-2016
Note : Whoever familiar with Chan Sifu Chart, will want to check for the 'Water Line - in white
color' plotting. '' SIFU SAY JHM IS D FUTURE EXPLOSIVE STOCK WOR ''
I'll nout doubt that, if read with 10 yrs duration chart, u will be able to find CUP. hehe
[ http://chansifu8.blogspot.my/2016/01/blog-post_14.html ]



Summary : a. JHM has been consolidating for 6 mths after surging to its peak at $0.565 from
$0.185 within 2 monts time.Then,JHM traded ranging from $0.35 - 0.50 during
Aug'15 to Jan'16 .
[ Sign of ACCUMULATION, d longer it stay that way; the greater it going to explode ]

b. MACD Divergence perfectly Neutral; But, the Histogram start rounding up and
turning from red to green color, its about to POISED TO NEW UPTRENDING. pls
click to enlarge Chan Sifu's Chart :
http://chansifu8.blogspot.my/2016/01/blog-post_14.html

c. Devil always live in d detail :
'Golden Cross Over' of 20D vs 50D SMA on 14-Jan-2016, but with very thin vol.
traded; It was comfirmed to carry weight by d nxt trading day with traded vol. of
36572 Lots. It was d same day ICON888 published P.(3) article .
http://klse.i3investor.com/blogs/icon8888/89894.jsp on 2.43pm .

D. Thus, JHM has formed a 'Gravestone Doji' canddle ; by sending back from day
high $0.490 to the open price or day low of $0.450 . Which is a common reversal
pattern used by traders to suggest that a bullish rally or trend is about to reverse.
It can also be found at the end of a downtrend.
( Doji usually not a strong indicator, next day confirmation need ) .
* To note, 2/3 of d traded vol. helping delivery JHM to Day High of $0.490 ;
while 1/3 Vol. weight sending back to Day Low.



SORRY ! ICON888, IF GOT READERS HERE; STILL ON HANDICAP LEVEL :)



HAPPY NEW YEAR !
HUAT AH !

P. 2/2
''''''''''''''''''''''''''''''''''V''''''''''''''''''''''''''''''''''''
17/01/2016 21:16

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-01-18 17:10 | Report Abuse

Hi ! guys , i like Green tech theme in 2016; So, juz bit of my Gem digging materials whish to share with u guys & girls here. GCB is 1 of my Trading counter as well.

traderman

7,854 posts

Posted by traderman > 2016-01-18 17:15 | Report Abuse

Thanks intro. Jhm seems better bet then gcb

Ven Felix

2,182 posts

Posted by Ven Felix > 2016-01-18 17:19 | Report Abuse

U r welcome traderman.

Posted by 360Capitalist > 2016-01-18 17:53 | Report Abuse

Bro Ven Felix.. good write-up but wrong page

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