Posted by joyvest > 2 weeks ago | Report Abuse

It is recorded that the share price went down to 0.535 on 19/9 and then hit 0.80 on 25/9 . Since then, it has been plummeting until now without sign of return . It is clearly an illusion that the company is recovering. It remains to be seen if DP is in the interim or not . It is believed that the Market is factoring more and more negative implications surrounding the company day in day out . Though the stories are old , they are still valid and haunting the company and is believed to be insidious ..

Posted by joyvest > 2 weeks ago | Report Abuse

It is doubtful if the existing shareholders would subscribe for the Right issues ( RI) as the majority of the existing shareholders are said to be unhappy with the current management. It is expected the RI to be undersubscribed which could further depress the share price for its inability to raise fund through RI due to loss of confidence among the shareholders..

Posted by EatCoconutCanWin > 2 weeks ago | Report Abuse

Old technology still in globetronic. Now china sensor cheap and advance

Posted by findfreedom > 2 weeks ago | Report Abuse

If all Joyvest say is true the counter is worthless. Unless you are speculating.. Right now what is confirmed is there is war within the management, which is not a good thing for the company.

Posted by joyvest > 2 weeks ago | Report Abuse

When you have decided to acquire company of high tech , you should be well prepared to adapt to embrace the latest technology in this dynamic world to keep yourselves to be at the upper edge in terms of competitiveness at all times. However, what the EC , Mr.Law does is on the contrary , still talking on paper on the upgrade of old facilities , review of dividend policy ( basically no dividend policy ) , placement of deposits to secure sales as a boost to enhance revenue , reservation of the cash resources for their agenda and etc etc . Basically, he and his gang have sent the signals to the market that the company is on verge of sunset......

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

@jacklee0128

2 posts

Posted by jacklee0128 > 21 hours ago | Report Abuse

Yes, it can consider as my extra money. I just followed you and saw your previous comment for the Globetronics. Most of them are positive. Thanks NatsukoMishima, I'll hold it and let's see the further.
_______
I m not papa venga , not god, i really hope u have followed my recommendation in vstecs , ranhill before ! Stock market has risk for everyone , high risk high rewards , pls manage your own risk !

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

To Jacklee0128 , since we already onboard the ship just keep calm and let s sail together through whatever high wave infront ! Be patience !

Posted by Vdhawan > 2 weeks ago | Report Abuse

Malaysia and Sweden to cooperate in semiconductor development

https://bernama.com/en/business/news.php?id=2358457

Posted by SWIN88 > 2 weeks ago | Report Abuse

Wayang @0.60 already history. Now 0.50 turn. In long run is bad anyhow

Posted by KimSua > 2 weeks ago | Report Abuse

Wait until the actual account hit the streets. How much were thrown into the receivables and if the projected sales order are true.

Posted by fortunefire > 2 weeks ago | Report Abuse

the Chairman uncle Liaw has stepped down at APB. Likely he may not be able to work for long in Gtronic.

Posted by kjstk1234 > 2 weeks ago | Report Abuse

No sign of stop dropping. Follow deMark 9-days theory, now is at 6th day dropping.
Follow HOH-LOL, 3.00 - 0.088, rough estimate 50% is ~1.5, 25% is ~ 0.8, 12.5% is ~ 0.4, 6% is ~ 0.2. Looking at the rate the price drop, it will be hitting 440 soon.
If bought at higher price, common practice is to cut loss and get out first, keep the fund, re-enter when pricing stop dropping and showing sign of moving up.
Without good news, good performance, good prospect in near future, the price may stay keep dropping or stay flat for a period of time.

Posted by joyvest > 2 weeks ago | Report Abuse

Liaw is not fit to be the EC of GT and nor is Ku. It is a shame for Ku to be a professional CA. I don't like to demean anyone but I have no choice .They never act in the best interests of the shareholders but sabotaging the company. They should be removed from the BOD with immediate effect.

Posted by joyvest > 2 weeks ago | Report Abuse

GT used to be a very good company but not now sorry to say. It is in the wrong hand now with management up to no good...

Posted by Bursino > 2 weeks ago | Report Abuse

Do you think it will reach a stage that may involve the regulatory authorities?

Posted by joyvest > 2 weeks ago | Report Abuse

The moment when the silly management made their incumbent auditors ,KPMG to resign, they have already alerted the authorities that something fishy has been going on.It is a matter of time on the authority to crack on them

Posted by newlifenolie > 2 weeks ago | Report Abuse

Hi Joyvest, But I don’t understand what benefits will new management get if they sabo the company?

Posted by fortunefire > 2 weeks ago | Report Abuse

https://www.msn.com/en-us/money/topstocks/why-super-micro-computer-stock-was-falling-again-today/ar-AA1tm8xQ?ocid=finance-verthp-feeds

Gtronic shares similar faith with Super Micro. Share price drops dramatically after EY resigns.

Posted by kjstk1234 > 2 weeks ago | Report Abuse

Wait for good timing to enter, follow the banker 😀.
Negative news, positive news, part of the game.
Business Fundamental is still solid. Positive NM, ROE, Cash.
Business Environment is still positive.
AI, IoT, Industrial 4.0...

Posted by EVO118 > 2 weeks ago | Report Abuse

Globetronics chairman Kent Liaw quits APB Resources' board
https://theedgemalaysia.com/node/732469

Posted by joyvest > 2 weeks ago | Report Abuse

These Liaw and ku should be removed in GT and SCIB as well in addition to APB as evident in the reflection of their current pathetic share prices.

In long as they are still sitting there, it is believed that there is no growth prospects of these companies....

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

50:50 game !

Posted by newlifenolie > 2 weeks ago | Report Abuse

Dead cat bounce, please wait till the quarter report only jump in. As long as they still dragging , it’s better to monitor

Posted by limch > 2 weeks ago | Report Abuse

40 sen cannot get.

Posted by limch > 2 weeks ago | Report Abuse

Liaw resign is GT good news not APB.

Posted by kjstk1234 > 2 weeks ago | Report Abuse

be patience, wait & see next move, it will be clearer soon, have fun

Posted by joyvest > 2 weeks ago | Report Abuse

The surge will be short lived and unstainable

Posted by fortunefire > 2 weeks ago | Report Abuse

the past ROE and some other fundamentals cannot be served as reference since the Heng family has left.

Posted by limch > 2 weeks ago | Report Abuse

GT missing money is Liaw work(idea)? So he resign good for GT?

Posted by joyvest > 2 weeks ago | Report Abuse

Yes, ever since the founders and parties have changed hand, the financial performance under the current incompetent management of no integrity has been nose diving. It is expected to be worse in months to come if not days............

Posted by joyvest > 2 weeks ago | Report Abuse

Liaw and the rest of BOD such as Ku etc must be removed for the sake of the future of GT and other companies such as Sarawak Consolidated Industries Bhd SCIB) , Artroniq Bhd ARTRONIQ) and APB etc

Posted by joyvest > 2 weeks ago | Report Abuse

Mr.Ku as a professional CA , has failed to deliver to safeguard the interest of the shareholders by allowing their incumbent Auditors , KPMG to resign midway before expiry of their engagement , which has sent a negative signal to the market resulting in loss of confidence in the management. Do you think he is fit to be a CA and should not be removed from BOD ?

Posted by InfinityTifanny > 2 weeks ago | Report Abuse

Worry less, joyvest, the crying vest. More restructuring is on the horizon, especially during the next AGM

Posted by joyvest > 2 weeks ago | Report Abuse

No need to single me out but instead , please point your finger at the current incompetent Management who are causing the havoc to the positive development and prospects and undermining the confidence levels of the investors to this company.

Posted by limch > 2 weeks ago | Report Abuse

APB still down because GT paper loss RM 1.48/share.

Posted by joyvest > 2 weeks ago | Report Abuse

Apparently, it was reported the APB had paid RM 2.00 to acquired GT shares . With the pathetic share price of 0.38 now , APB shareholders stand to lose RM 113.4 million in total. The said loss is expected to be impaired in the upcoming QR, resulting in massive reported loss. The shareholders and investors are said to have lost confidence in the current management of APB and call for revamp of the entire BOD.

Posted by kjstk1234 > 2 weeks ago | Report Abuse

The company shows some solid fundamentals, with a good net margin and a solid cash position. However, the negative CAGR indicates a declining growth trend, which could limit future gains. The ROE is moderate, and the stock trades at a reasonable PE ratio, suggesting the market is cautious about its growth potential.
Current price/NAV, 525/456, 1.15X, slightly above NAV.
Could be a cautious buy if one believes the company : can reverse its negative growth trend, the company is expected to use its cash for strategic growth or acquisitions ,comfortable with a moderate return potential.
Else, wait for price to hit NAV or below NAV.

Posted by kjstk1234 > 2 weeks ago | Report Abuse

Typical investment/trading game, buy below NAV or NTA, foreseeing good future growth of the company.

Posted by kjstk1234 > 2 weeks ago | Report Abuse

a player sold all stocks of 3 related companies, cash rich in hand, believing potential growth of the company, preparing to buy below NAV or at current price...

Posted by NatsukoMishima > 2 weeks ago | Report Abuse

What if latest QR still np ???

Posted by Bursino > 2 weeks ago | Report Abuse

Conflicting reports on the transacted 70 million shares. RM 1.20 or RM 2.00 ?

Posted by joyvest > 2 weeks ago | Report Abuse

It does not matter whether it was 1.20 or 2.00 , what is factual is that the total acquisition cost was RM 140m .

Posted by limch > 2 weeks ago | Report Abuse

RM 140 million for 70 million shares why your calculation come to RM 1.2?

Posted by Bursino > 1 hour ago | Report Abuse

Conflicting reports on the transacted 70 million shares. RM 1.20 or RM 2.00 ?


joyvest

10,512 posts

Posted by joyvest > 22 minutes ago | Report Abuse

It does not matter whether it was 1.20 or 2.00 , what is factual is that the total acquisition cost was RM 140m .

Posted by limch > 2 weeks ago | Report Abuse

Liaw resign because blocking APB average down buying cost? If APB can buy at RM 2 why not 50 sen buy 3-4X more?

Posted by joyvest > 2 weeks ago | Report Abuse

Something fishy is going on ...

Posted by TwilightWanderer > 2 weeks ago | Report Abuse

Sounds like there's a lot of uncertainty around the acquisitions and the share price! 🤔 The focus on buying below NAV makes sense, but with these conflicting reports, it's hard to gauge the true value right now. If the fundamentals are solid but the growth is shaky, it might be wise to play it safe and wait for a clearer signal before jumping in. Always good to keep an eye on the cash flow and future plans too! 💸

Posted by gloveshapiro > 2 weeks ago | Report Abuse

Resign already next is rebound on the way

Posted by kjstk1234 > 2 weeks ago | Report Abuse

0.85x NAV = 387, 1X NAV = 456, 1.15X NAV = 525
NOSH 672M, Float 412M
10Sep - 18Seps, avg price 550, transaction vol 375M
20Sep - 30Sep, avg price 705, transaction vol 372M, 705/550, 1.28x
1Oct - 4Nov, avg price 620, transaction vol 272M

Posted by limch > 2 weeks ago | Report Abuse

Perhaps Liaw blocking GT paying good dividend? Last time GT was chased >RM 1 because of good dividend.

Posted by limch > 2 weeks ago | Report Abuse

APB still down because not doing enough to prevent GT drop.