Posted by thundery > 4 weeks ago | Report Abuse

This company in waiting to merge with others

Posted by joyvest > 4 weeks ago | Report Abuse

Tech is the future but it is of no avail as the incompetent Managements are eroding the prospects of the company like termites

Posted by ABAabc9854 > 4 weeks ago | Report Abuse

jangan layan tin kosong

Posted by 8u29song > 3 weeks ago | Report Abuse

sudah berhasil kutip semasa 610

Posted by 8u29song > 3 weeks ago | Report Abuse

heran kenapa ada mereka yang tak suka tak beli tapi buang masa asyik komen buruk aje

Posted by ABAabc9854 > 3 weeks ago | Report Abuse

👍👍👍

Posted by joyvest > 3 weeks ago | Report Abuse

There is no such thing as waste of time to comment here. Whether you like this stock or not is another story . Nevertheless, any comments here are basically useful to those who are still ignorant and delusional.

Posted by MEGAupload > 3 weeks ago | Report Abuse

Gtronic nxt resistance 0.75-0.79, Support 0.62-0.64

Posted by chasechin > 3 weeks ago | Report Abuse

https://theedgemalaysia.com/node/731173

Posted by pang72 > 3 weeks ago | Report Abuse

Hur!!! The story is not end yet lo

Posted by MrPandaPanda > 3 weeks ago | Report Abuse

Ho seh liao ceo resign

Posted by Sweetchocalates > 3 weeks ago | Report Abuse

captain has abandoned ship. ABANDON SHIP! Lol

Posted by newlifenolie > 3 weeks ago | Report Abuse

CEO resigned indicate bad things coming….

Posted by Learner68 > 3 weeks ago | Report Abuse

For semi company, you need a very experienced team to lead. To me, this is a good change.

Posted by joyvest > 3 weeks ago | Report Abuse

As long as the executive chairman ( EC) , Liaw and MD, Ku ( so called the financial guru ) are still around ,this company is said to be destined to be doomed.

According to the representation by Liaw, no “ handsome dividend payout ” as before ( basically it could be interpreted as no dividend payout in the foreseeable future) due to the expected fall in revenue. Liaw even anticipated that there would be expected fall in revenue. Why ? This could be interpreted as no demand for their products as they are outdated.

EC Liaw further insinuates that the remaining cash of 140m would be reserved for nothing else except upgrading facilities .However it remains to be seen as to how this so called upgrade would ever be materialised. What it could be interpreted from his representation is that that the said cash reserve is entirely at his disposal. Who knows the said cash might be classified as " further deposits" under other receivables like the previous " missing cash of 40m"?

In a nutshell , it can be conferred that there is no prospect or growth for this company as long as the said individuals are still attached to the Management . That's why I say this company is destined to be doomed

Posted by 5354_ > 3 weeks ago | Report Abuse

CEO change is good but not good is why not immediate or after QR?

Posted by 5354_ > 3 weeks ago | Report Abuse

APB everyday new low need to do something so they must change GT CEO otherwise paper loss cannot recover.

Posted by joyvest > 3 weeks ago | Report Abuse

APB is expected to report huge losses in the upcoming QR due to provision of impairment as a result of the heavy loss of investment in GT

Posted by newbie9893 > 3 weeks ago | Report Abuse

i sold all ...Gtronic will be the next serba dinamik in the making

Posted by joyvest > 3 weeks ago | Report Abuse

The incumbent management of GT is said to be incompetent . As long as Liaw and ku are there ,the company is basically said to be hopeless. Making the incumbent auditors , KPMG resign half way before the expiry of their engagement is a big big mistake. Ku, as a CA ,should have acted professionally and prudently in this matter but he had not . His integrity as a professional has been put into disrepute........

Posted by Yatchaifatt > 3 weeks ago | Report Abuse

Something is brewing.. Change of new management is a good start!

Posted by joyvest > 3 weeks ago | Report Abuse

Nope, the old guards like Liaw and Ku are still there. They are the rotten apples inside the box and sooner later the whole box is contaminated and decomposed like dead bodies...

Posted by Bursino > 3 weeks ago | Report Abuse

1) why would any experts in the industry buy into a company with full knowledge the products it is churning out are stale and out dated? 2) how is it that an entity which bought a 10% shareholding in the company has full executive control of the company? 3) why aren't the other major shareholders do anything to address this confidence crisis?

Posted by joyvest > 3 weeks ago | Report Abuse

APB and gangs are said to have control of more than 1/3 collectively in GT. Hence they are in full control as they wish. They should have known better that semi conductors biz is subject to change of technologies in this dynamic world and constant upgrade is inevitable to maintain their edge of competitiveness. Just take Inari Amertron for example, 400m has been forked out to upgrade their facilities actively but GT is acting on the contrary with " talking on paper " . Other significant shareholders such as EPF and TBH have already trimmed their shareholding below 5 % now and it is believed that they will continue to dump the rest of their investments sooner than expected. The share price is expected to depress in time to come .........

Posted by Bursino > 3 weeks ago | Report Abuse

Thank you.

Posted by chopstick > 3 weeks ago | Report Abuse

all i3 members, kindly comment only when necessary,, or else we might miss some good points. i guess all of you also like to read constructive comment . thank you for yr understanding , i h

Posted by joyvest > 3 weeks ago | Report Abuse

Constructive comments, be it positive or negative are objective and free from prejudice.

Posted by joyvest > 3 weeks ago | Report Abuse

Some people in this company are up to no good. They should be condemned . On the other hand, they should be praised if they are reasonably decent.

Posted by NatsukoMishima > 3 weeks ago | Report Abuse

As long as malaysia warren buffett mr ooi keng thye is still a shareholder in gtronic then i will follow show hand ! I dont want to miss fronken 2.0 starcruise !

Posted by Zazzyy > 3 weeks ago | Report Abuse

Don’t insult the real Warren Buffet . Warner Brothers ok

Posted by Narialse > 3 weeks ago | Report Abuse

@Bursino, they bought at a premium to get their hands on gtronics cash pile which they are now spending on god knows what. Auditors being told to resign might mean they couldn't agree on the value.

As for major shareholders, EPF and Tabung Haji will probably have spoken to the new owners and their reaction to their meeting was to quickly liquidate their entire holdings. Make of that what you will.

Posted by Narialse > 3 weeks ago | Report Abuse

Also cutting dividend means they have more cash to spend on whatever they want.

Posted by joyvest > 3 weeks ago | Report Abuse

Yer, more cash is expected to be classified as " deposit " under the specific agenda of Liaw and the Gang. If you believe in him, you believe everything. The cash reserve is expected to be exhausted through other means as well such as payment of high perks etc....

Posted by joyvest > 3 weeks ago | Report Abuse

Doubt is cast on the integrity and professionalism of that fellow, Ku , who is a CA and so called the " financial Guru" , who is a director too. We find it hard to believe he could allow the resignation of the incumbent auditors, KPMG in the middle of their office term to happen to the detriment of the interest of all shareholders. As a normal sensible CA, he/she does not allow this to happen to the listed company unless he/she has bad intention.

Posted by Bursino > 3 weeks ago | Report Abuse

Thanks @Narialse
I imagine the company will need more funds to upgrade. Time to implement the plans. It will take a few years to see any tangible results.

Posted by InfinityTifanny > 3 weeks ago | Report Abuse

Globetronics is undergoing a restructuring. First step for the company to move forward

https://theedgemalaysia.com/node/731173

Posted by joyvest > 3 weeks ago | Report Abuse

the 1st thing in the restructuring is to get rid of the good for nothing incompetent interim management otherwise t the prospect of the company is stagnant if not regressing further............

Posted by HappiGoLucky > 3 weeks ago | Report Abuse

Wait for GTRONIC next move, hope its something big & regain back market & investors confidence

Posted by EatCoconutCanWin > 3 weeks ago | Report Abuse

This company inside already blank. No business

Posted by mf > 3 weeks ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

42,703.14

-221.75

0.51%

Nasdaq

NASDAQ Composite

18,472.02

-101.10

0.54%

Posted by newlifenolie > 3 weeks ago | Report Abuse

Looks like new CEO only own 99 shares of the company.

Posted by SWIN88 > 3 weeks ago | Report Abuse

Wayang @ 0.60 finished? Back to below 0.60 started?

Posted by limch > 3 weeks ago | Report Abuse

Current CEO worse ie only 32 shares. New CEO can buy more after become CEO.

newlifenolie

Looks like new CEO only own 99 shares of the company.

15 minutes ago

Posted by limch > 3 weeks ago | Report Abuse

At least CEO(both new and old) not APB people.

Posted by limch > 3 weeks ago | Report Abuse

APB again new low not GT.

Posted by limch > 3 weeks ago | Report Abuse

New CEO please buy today show you look after shareholders interest unlike old 1.

Posted by limch > 3 weeks ago | Report Abuse

CEO resign GT actually benefit because save her salary and other perks. New CEO hold 2 posts?

Posted by limch > 3 weeks ago | Report Abuse

Still 2 months to go for CEO last day. If she performs well maybe more problematic APB require her service?

Posted by limch > 3 weeks ago | Report Abuse

Any1 here monitor APB BOD? Why APB CEO no need to resign even share price keep plunging?

Posted by joyvest > 3 weeks ago | Report Abuse

This co is destined to be doomed