One thing for sure the company is not going to close down and the Management has promise this year is going to be profitable and Production is in full force. Order back log is enough for the rest of the year.
People are talking about this counter in a lot forums as it was weird for a good fundamental stock dropped until 10.5% in a single day while there is no solid reason like -ve news spread for the sector. One comment attracted my attention "possible one of the market maker in Gtronic kena margin call, had forced them to liquidate holding". Possible but cant confirm.
New customers and products potential catalyst for Globetronics. The company is currently in the process of qualification with a new customer from China
New customers and products potential catalyst for Globetronics. The company is currently in the process of qualification with a new customer from China
On 22 & 23 April, EPF net buys 2.5m & 1.0m shares respectively. contributed about 20% of the total transaction volume. Up 23-Apr, EPH holds 18.45% of total issued shares of 7022.
Sea bottom during March last year crash at 1.27, so i would rather scared with other sky high stocks downside rather than Gtronic, very good opportunity for those who plan to enter or those missed tech rally. Recent massive selling was nothing much to do with profit growth, this is Malaysia laaar, super -ve earning company also flied high to sky. This was mainly one big money cabut, a lot other remains.
Big vol with continue downside means v.serious distribution still going on. Never catch the falling knife at this moment. Wait until the immediate support at ~2.00, to see if the the distribution has subsided.
They might plan to do something the shareholders not agree to approve, since it's capitalization activity was so weak, profit grew only 15%. Downtrend, watch out.
Later I call epf and ask. Today up or down. Only epf can decide up down haha. Major shareholder and doing trading daily de. Obviously epf control the share price already.
What do you expect? Profit grow 100%? 15% already so much la. Tech is future not like glove 2-3 year trend with huge profit. Every year maintain growth 15% already awesome.
Based on epf pattern on harta trading, they will support certain price lo and wait other buy up and then sell small portion haha. U look at what they did at harta then know already. All we need do know is what's the epf support price. Harta is rm9. That why when other glove keep fall but harta lowest at rm9
Just now you say tech is different prospect with glove...
Why now you say trading pattern tech same with glove....
Apa ini...so confusing to this naive & nervous Keyman188 !!!...
Posted by XxxxXzz > Apr 30, 2021 8:30 AM | Report Abuse
Based on epf pattern on harta trading, they will support certain price lo and wait other buy up and then sell small portion haha. U look at what they did at harta then know already. All we need do know is what's the epf support price. Harta is rm9. That why when other glove keep fall but harta lowest at rm9
Posted by XxxxXzz > Apr 30, 2021 8:25 AM | Report Abuse
What do you expect? Profit grow 100%? 15% already so much la. Tech is future not like glove 2-3 year trend with huge profit. Every year maintain growth 15% already awesome.
U try check yinson, harta. How the epf trading. Then you know dy haha. As I see they always protect harta at rm9. That why once break rm9 direct rebounce. Then when other buy up they sell small portion. Haha
Mother 80% warrant 20% haha, sometimes need gamble big win haha. Since expired at Aug not much worry. Unless fall below 2 and within 4 months never rebounce
Posted by XxxxXzz > Apr 30, 2021 8:46 AM | Report Abuse
Mother 80% warrant 20% haha, sometimes need gamble big win haha. Since expired at Aug not much worry. Unless fall below 2 and within 4 months never rebounce
Posted by XxxxXzz > Apr 30, 2021 9:14 AM | Report Abuse
Down pls, I still wan buy more leh hahaa
Posted by XxxxXzz > Apr 30, 2021 8:23 AM | Report Abuse
Later I call epf and ask. Today up or down. Only epf can decide up down haha. Major shareholder and doing trading daily de. Obviously epf control the share price already.
thanks for those panic sell . just earn 1k from Gtronic bought last Wed. many sifu here said Gtronic is catching falling knife. ok lor i take profit first, queue at 2.06 see you there
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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....
ivanlau
1,388 posts
Posted by ivanlau > 2021-04-29 09:51 | Report Abuse
sorry to say the fair value of this stock till June 2021 only rm 2 . today closing 2.21 ........