GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

0.535

Today's Change

+0.01 (1.90%)

Day's Change

0.525 - 0.54

Trading Volume

918,300


17 people like this.

8,696 comment(s). Last comment by mf 1 hour ago

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-03-09 11:34 | Report Abuse

collect too this morning 2.62, average 2.8, still good price looking forward

TheThird

162 posts

Posted by TheThird > 2021-03-09 11:56 | Report Abuse

Holding long term due to VCSEL technology application

Posted by Anyway5890 > 2021-03-11 22:36 | Report Abuse

Anyone still holdin lol

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-11 22:56 | Report Abuse

If you no urgent using your funds, why not keep it......

Of course Keyman188 still holding lahhh...

But nothing to huhhah...

This counter a bit Conservative trading momentum...

No like other tech stock so fancy...







Posted by Keyman188 > Mar 6, 2021 10:45 AM | Report Abuse X

Fundamental no doubt definitely strong...

Sales per share = RM 0.34

Gross profit margin = average by 35%

Net profit marging = average by 25%

Current Ratio = 9.12 times

Quality of Earnings = 1.74 times

Net cash position = RM 163 million cash

Dividend payout = average by 50% ~ 55%

** FY 2020 dividend payout almost 99% on the profit

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-11 22:57 | Report Abuse

Tomorrow ex-date dividend mahhh...

SuperPanda

11,431 posts

Posted by SuperPanda > 2021-03-12 00:32 | Report Abuse

3c div not bad compare to other tech at this price

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-12 08:05 | Report Abuse

Better than nothing lorrr...

But foresee dividend payout shall be attractive for FY2021 (Disclaimer : only Keyman188 perception)...

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-12 08:55 | Report Abuse

Surprisingly EPF keep on accumulating from earlier 2020 until now...

From 68.56 million to 111.45 million share...

Which is equivalent to from 10.2% to 16.6% shareholding...

Posted by Anyway5890 > 2021-03-12 10:55 | Report Abuse

im holdin as well la, but quite high penthouse, tarak duit to avg down hahaha, but its ok, believe in this oldman counter

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-13 09:25 | Report Abuse

EPF still daily accumulating....

CHEERS....

neohts

2,466 posts

Posted by neohts > 2021-03-14 08:40 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/03/13/technology-demand-putting-heat-in-tech-stocks-rally

Technology demand putting heat in tech stocks rally

Posted by Anyway5890 > 2021-03-18 15:42 | Report Abuse

gogogo

neohts

2,466 posts

Posted by neohts > 2021-03-22 17:10 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3140739

EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD")
17 Mar 2021 925,800 Acquired

Hl123456

221 posts

Posted by Hl123456 > 2021-03-23 17:44 | Report Abuse

meaning it will be going up up up...

SHQuah

5,363 posts

Posted by SHQuah > 2021-03-31 17:39 | Report Abuse

EPF acquired again.

SHQuah

5,363 posts

Posted by SHQuah > 2021-04-01 18:13 | Report Abuse

Today EPF acquired again

Posted by Mr.Sm Invest123 > 2021-04-02 09:45 | Report Abuse

GTRONIC Technology Bhd (Trading Buy)
GTRONIC is a company that develops and manufactures sensors which are used in a multitude of electronic products, such as mobile devices, personal computers and GPS systems.

The group is poised to benefit from its: (i) latest product commercialisation with a German client, and (ii) expansion of factory space (+30k sq ft) which is targeted to be completed by Aug / Sep 2021.

YoY, the group’s revenue has increased to RM227.5m (+5.1% YoY) in FY20 due to higher volume loadings of key sensors. Meanwhile, its net income increased to RM50.8m (+13% YoY) given the better operational efficiency achieved.

Fundamentally, consensus is forecasting GTRONIC to make net income of RM67.7m (+33% YoY) in FY21 and RM77.8m (+15% YoY) in FY22, which translates to forward PERs of 26.7x and 23.2x, respectively.

Chart-wise, the stock has been treading between the key support levels of RM2.57-RM3.05 since August last year. With the stock recently tested its key support level at RM2.57, which subsequently saw the RSI forming higher highs and the bullish MACD crossover, we thus expect the stock to rebound and head north.

Our key resistance levels are set at RM3.00 (R1; +11% upside potential) and RM3.10 (R2; +15% upside potential).

Posted by Mr.Sm Invest123 > 2021-04-02 09:45 | Report Abuse

The group is poised to benefit from its: (i) latest product commercialisation with a German client, and (ii) expansion of factory space (+30k sq ft) which is targeted to be completed by Aug / Sep 2021.

Posted by Mr.Sm Invest123 > 2021-04-02 09:45 | Report Abuse

Waiting good news

SHQuah

5,363 posts

Posted by SHQuah > 2021-04-03 10:41 | Report Abuse

Buy when market bad. Sell with good news.

neohts

2,466 posts

Posted by neohts > 2021-04-05 11:42 | Report Abuse

Sold with good news this morning at 2.88, now waiting to buy back when Tech stocks down.

SHQuah

5,363 posts

Posted by SHQuah > 2021-04-05 12:21 | Report Abuse

Will buy back below 2.70

Posted by Mr.Sm Invest123 > 2021-04-05 21:03 | Report Abuse

EPF acquired every day

megat36

175 posts

Posted by megat36 > 2021-04-20 23:56 | Report Abuse

very boring semicon counter....

GooShen

5,400 posts

Posted by GooShen > 2021-04-21 09:51 |

Post removed.Why?

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-21 10:55 | Report Abuse

Curi curi top up again today....


wkwkwk...kekeke...hehehe...

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-21 11:03 | Report Abuse

Conservative management...

Quality of earnings = 1.74 times

Cash pile = RM 163 million

GooShen

5,400 posts

Posted by GooShen > 2021-04-21 11:22 | Report Abuse

Over price counter
Below 2.00 only worth to consider
Quarter result is big disappointment
Chart is bad

neohts

2,466 posts

Posted by neohts > 2021-04-21 11:24 | Report Abuse

EPF recently selling almost everyday ?

ahbah

6,236 posts

Posted by ahbah > 2021-04-21 12:55 | Report Abuse

non stop selling ?

sure die if we no run !!!

amateurJR

2,366 posts

Posted by amateurJR > 2021-04-21 12:59 | Report Abuse

Drop alot. Wat happen?

ahbah

6,236 posts

Posted by ahbah > 2021-04-21 12:59 | Report Abuse

epf is getting the moni from gtronic to pay the i sinar moni ?

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-21 13:48 | Report Abuse

Globetronics sets up RM50m cloud-based platform to integrate Industry 4.0 into supply chain

(theedgemarkets.com / April 21, 2021 13:12 pm +08)


KUALA LUMPUR (April 21): Miniaturised optical sensors manufacturer Globetronics Technology Bhd has established a cutting-edge, cloud-based platform through the adoption of Industry 4.0 processes into their high-volume mass production operations at a cost of RM50.2 million.

According to a joint statement issued by the company and the Malaysian Investment Development Authority (MIDA), Globetronics will incorporate Artificial Intelligence (AI), big data analytics and extended reality (AR + VR) into its end-to-end intelligent supply chain and manufacturing which enables higher levels of customisation, shorter cycle times and superior quality traceability for a diversified product portfolio and dynamic customer needs.

“In line with the government’s aspiration to spearhead rapid digital transformation in the manufacturing sector, Globetronics’ expansion will pave the way for enhancement in productivity, job creation and deepening the Malaysians skill set by leveraging on cutting-edge technology and emerging AI capabilities,” said MIDA chief executive officer Arham Abdul Rahman.

“The introduction of Industry4WRD policy served as a strategic direction for Malaysia to fully embrace Industry 4.0, including smart manufacturing and smart cities, smart grids, as well as smart solutions. While digitalisation is the antidote for business survival and growth in innovation-led value creation, Globetronics’ Industry 4.0 adoption will complement the electrical and electronics industry by producing advanced semiconductor photonic products through the utilisation of autonomous robots and smart manufacturing,” he added.

The new platform will prepare for the next-generation semiconductor wafer-level packaging technology, including the 2.5D, where the stacking of dies will be replaced by flip-chip on a silicon interposer.

At noon break, Globetronics’ share prices fell by 7.33% or 20 sen to RM2.53, while its market capitalisation is at RM1.7 billion.


## https://www.theedgemarkets.com/article/globetronics-sets-rm50m-cloudbased-platform-integrate-industry-40-supply-chain

Posted by Mr.Sm Invest123 > 2021-04-21 13:52 | Report Abuse

I accumulating more today

Posted by Mr.Sm Invest123 > 2021-04-21 13:52 | Report Abuse

The group is poised to benefit from its: (i) latest product commercialisation with a German client, and (ii) expansion of factory space (+30k sq ft) which is targeted to be completed by Aug / Sep 2021.

GooShen

5,400 posts

Posted by GooShen > 2021-04-21 15:30 |

Post removed.Why?

ajaaja

459 posts

Posted by ajaaja > 2021-04-21 15:46 | Report Abuse

Collect collect !

shearer202

1,550 posts

Posted by shearer202 > 2021-04-21 15:54 | Report Abuse

Better buy dataprp ATM !

zonefinder

235 posts

Posted by zonefinder > 2021-04-21 16:18 | Report Abuse

Waiting for 2.35

GooShen

5,400 posts

Posted by GooShen > 2021-04-21 16:43 | Report Abuse

Uwc got new customer price also keep on dropping
No point posting news to attract szai catch falling knife

Gabriel Khoo

1,019 posts

Posted by Gabriel Khoo > 2021-04-21 18:56 | Report Abuse

Ams ag key customer? Apple don wan use their sensor

newbie2y

584 posts

Posted by newbie2y > 2021-04-21 19:55 | Report Abuse

@Gabriel, all their sensors or just the facial recognition? gtronic supplies motion, gesture and light sensors if not mistaken..

Gabriel Khoo

1,019 posts

Posted by Gabriel Khoo > 2021-04-21 20:04 | Report Abuse

No sure. Wait official news

Posted by Mr.Sm Invest123 > 2021-04-21 22:35 | Report Abuse

Globetronics sets up RM50m cloud-based platform to integrate Industry 4.0 into supply chain

(theedgemarkets.com / April 21, 2021 13:12 pm +08)


KUALA LUMPUR (April 21): Miniaturised optical sensors manufacturer Globetronics Technology Bhd has established a cutting-edge, cloud-based platform through the adoption of Industry 4.0 processes into their high-volume mass production operations at a cost of RM50.2 million.

According to a joint statement issued by the company and the Malaysian Investment Development Authority (MIDA), Globetronics will incorporate Artificial Intelligence (AI), big data analytics and extended reality (AR + VR) into its end-to-end intelligent supply chain and manufacturing which enables higher levels of customisation, shorter cycle times and superior quality traceability for a diversified product portfolio and dynamic customer needs.

“In line with the government’s aspiration to spearhead rapid digital transformation in the manufacturing sector, Globetronics’ expansion will pave the way for enhancement in productivity, job creation and deepening the Malaysians skill set by leveraging on cutting-edge technology and emerging AI capabilities,” said MIDA chief executive officer Arham Abdul Rahman.

“The introduction of Industry4WRD policy served as a strategic direction for Malaysia to fully embrace Industry 4.0, including smart manufacturing and smart cities, smart grids, as well as smart solutions. While digitalisation is the antidote for business survival and growth in innovation-led value creation, Globetronics’ Industry 4.0 adoption will complement the electrical and electronics industry by producing advanced semiconductor photonic products through the utilisation of autonomous robots and smart manufacturing,” he added.

The new platform will prepare for the next-generation semiconductor wafer-level packaging technology, including the 2.5D, where the stacking of dies will be replaced by flip-chip on a silicon interposer.

At noon break, Globetronics’ share prices fell by 7.33% or 20 sen to RM2.53, while its market capitalisation is at RM1.7 billion.


## https://www.theedgemarkets.com/article/globetronics-sets-rm50m-cloudba..

Posted by Mr.Sm Invest123 > 2021-04-21 22:36 | Report Abuse

not related to Ams Ag

Posted by Mr.Sm Invest123 > 2021-04-21 22:40 | Report Abuse

Globetronics Technology Bhd (Trading Buy)
• GTRONIC is a company that develops and manufactures sensors which are used in a multitude of electronic products, such as mobile devices, personal computers and GPS systems.

• The group is poised to benefit from its: (i) latest product commercialisation with a German client, and (ii) expansion of factory space (+30k sq ft) which is targeted to be completed by Aug / Sep 2021.

• YoY, the group’s revenue has increased to RM227.5m (+5.1% YoY) in FY20 due to higher volume loadings of key sensors. Meanwhile, its net income increased to RM50.8m (+13% YoY) given the better operational efficiency achieved.

• Fundamentally, consensus is forecasting GTRONIC to make net income of RM67.7m (+33% YoY) in FY21 and RM77.8m (+15% YoY) in FY22, which translates to forward PERs of 26.7x and 23.2x, respectively.

• Chart-wise, the stock has been treading between the key support levels of RM2.57-RM3.05 since August last year. With the stock recently tested its key support level at RM2.57, which subsequently saw the RSI forming higher highs and the bullish MACD crossover, we thus expect the stock to rebound and head north.

• Our key resistance levels are set at RM3.00 (R1; +11% upside potential) and RM3.10 (R2; +15% upside potential).

• Meanwhile, our stop loss is pegged at RM2.40 (-11% downside risk).

Source: Kenanga Research - 26 Mar 2

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