GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

0.53

Today's Change

0.00 (0.00%)

Day's Change

0.515 - 0.535

Trading Volume

8,785,600


17 people like this.

8,699 comment(s). Last comment by newlifenolie 12 hours ago

Posted by leslieroycarter > 2016-04-25 18:58 | Report Abuse

http://klse.i3investor.com/blogs/kianweiaritcles/95426.jsp
is good to have a second opinion...not all are smooth sailing...

Posted by Khaw Seek Chuan > 2016-04-25 19:44 | Report Abuse

Rm 4 coming !

kinfatt999

2,913 posts

Posted by kinfatt999 > 2016-04-25 20:24 | Report Abuse

sell

datasonic

921 posts

Posted by datasonic > 2016-04-25 20:38 | Report Abuse

buy

datasonic

921 posts

Posted by datasonic > 2016-04-25 20:38 | Report Abuse

hold

fl888

7,747 posts

Posted by fl888 > 2016-04-25 20:43 | Report Abuse

Overdone !! can buy ?

bsngpg

2,842 posts

Posted by bsngpg > 2016-04-25 20:47 | Report Abuse

Sell? Are you shareholder of GTronic? If you are then why don't you sell at 5.25 last Friday if you have an opinion to sell GTronic at 4.44 just 1 trading day different.

Posted by shortinvestor77 > 2016-04-25 20:58 | Report Abuse

See how it answers UMA.

Posted by shortinvestor77 > 2016-04-25 21:00 | Report Abuse

Just bought at RM 4.45.

lching

1,402 posts

Posted by lching > 2016-04-25 21:00 | Report Abuse

bsngpg, i will lose faith on any com which gets a UMA and fail to answer properly.

bsngpg

2,842 posts

Posted by bsngpg > 2016-04-25 21:03 | Report Abuse

I doubt the directors know the root cause of the steep sell off.

bsngpg

2,842 posts

Posted by bsngpg > 2016-04-25 21:05 | Report Abuse

My friend is neighbor of one of the boss. The boss has high personal integrity in the eye of the neighborhood.

bsngpg

2,842 posts

Posted by bsngpg > 2016-04-25 21:06 | Report Abuse

I gamble on it today heavily. Will I win or stuck? Let wait and see.

ccs999

674 posts

Posted by ccs999 > 2016-04-25 21:07 | Report Abuse

Globetronics
Fresh guidance from management. 1Q16 operating profit will be down 30+% due to weak demand from Heptagon as end customer rationalize their inventory. 2Q16 outlook for the proximity sensor also does not look good (10m units per month or below from 13m units per month in 1Q16); management doesn't discount that there could be a new competitor producing the proximity sensor or a design out (meaning a new sensor replacing the proximity sensor).
As for the 3D imaging sensor, adoption in 2016 model now seems unlikely with low volume forecast by client. 2017 adoption is more likely according to Heptagon.
Globetronics is one of the street's top pick with consensus earnings now at risk. Our forecast is on the lower range at MYR93m but still there is downside risk of about 30-40% should proximity sensor volume falls to 10m per month going forward and zero adoption of 3D imaging sensor.
1Q16 results will be released tomorrow. Share price has already started to react to this.

Cimb

112 posts

Posted by Cimb > 2016-04-25 21:17 | Report Abuse

bsngpg ask your friend to ask Gtronic boss to suspend Gtronic and answer UMA first.

Posted by bsngpg > Apr 25, 2016 09:05 PM | Report Abuse
My friend is neighbor of one of the boss. The boss has high personal integrity in the eye of the neighborhood.

Unfair

526 posts

Posted by Unfair > 2016-04-25 21:30 | Report Abuse

Sharp drop more likely due to market manipulation rather than Gtronic boss wrongdoing. Ng Kweng Chong still announced his purchase and disposal today. If QR news not required until 31st May.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5067269

Unfair

526 posts

Posted by Unfair > 2016-04-25 21:30 | Report Abuse

Anyone how to report market manipulation by brokers?

weiboy90

444 posts

Posted by weiboy90 > 2016-04-25 21:32 | Report Abuse

东益电子(GTRONIC,7022)今日出现不寻常抛售活动,股价在急升转手量中猛跌,引来大马交易所发出不寻常活动(UMA)询问。

收市时,东益电子股价报4.44令吉,猛跌16%或85仙,是全场跌幅最大股只,转手量达1511万股。

《资汇》今期访问了该公司首席执行员王合利,做了一个跟进报导,并认为经过近期的回调后,其股价在下半年料可重振雄风,明年的销售亦可再创新高。

该公司尚未针对交易所的UMA做出回应。

图为东益电子今日的全日股价走势与转手量。

https://www.facebook.com/BusyWeekly/photos/a.304544779555776.87436.183843371625918/1169167136426865/?type=3&theater

weiboy90

444 posts

Posted by weiboy90 > 2016-04-25 21:36 | Report Abuse

but i think the UMA reply mostly are those standard answers.

cheated

999 posts

Posted by cheated > 2016-04-25 21:44 | Report Abuse

IBs' buy call=sell? IBs' sell call=buy?

jasonor

1,004 posts

Posted by jasonor > 2016-04-25 22:05 | Report Abuse

closed 4.44.. haha. such a nice number. 444

Posted by Penang_lang > 2016-04-25 22:13 | Report Abuse

No wonder BN always lose in Penang. Penang counter always die one.

Posted by shortinvestor77 > 2016-04-25 22:26 | Report Abuse

No directors sold any shares so far before the latest QR result is out. A rumour mentioned its factory in Penang was on fire which is not true after checking. The boss would not leak any bad news to others normally. So I think this is also a rumour.

Posted by shortinvestor77 > 2016-04-25 22:27 | Report Abuse

So that some particular could be it cheaply when rumour is spread out.

Posted by shortinvestor77 > 2016-04-25 22:28 | Report Abuse

Some particular investors could buy it cheaply.

traderman

7,854 posts

Posted by traderman > 2016-04-25 22:36 | Report Abuse

tomorrow 9am if u see open red ... just sapu like no tomorrow. confirm rebound few minutes later .. confirm

bsngpg

2,842 posts

Posted by bsngpg > 2016-04-25 22:39 | Report Abuse

Hope your comment come true.

bsngpg

2,842 posts

Posted by bsngpg > 2016-04-25 22:40 | Report Abuse

And thks for your optimistic.

bsngpg

2,842 posts

Posted by bsngpg > 2016-04-25 23:00 | Report Abuse

No so good Q1 and Q2 FY16 have been forecasted and widely talked about in the market for long. Therefore it is not a big surprise until affecting share price to have s sharp fall today.

bsngpg

2,842 posts

Posted by bsngpg > 2016-04-25 23:03 | Report Abuse

If want to speculate, I would speculate foreign funds sell off heavily to cash in RM and exchange it to USD in the forecast that RM is to strengthen further plus the weakening semi-con. I am speculating only.

Posted by shortinvestor77 > 2016-04-25 23:04 | Report Abuse

QR could be out these few days, not necessary tomorrow.

Posted by Ungku Abdul Hafiz > 2016-04-25 23:25 | Report Abuse

GTRONIC – Simply Reverting Back To Mean And Average

http://www.hafizstock.com/en/gtronic-simply-reverting-back-to-mean-and-average/

curious2

1,812 posts

Posted by curious2 > 2016-04-25 23:27 | Report Abuse

QR still not due. No need to answer on this.

muscle Quarterly result wont b good.. Any rebound is sell
25/04/2016 22:53

curious2

1,812 posts

Posted by curious2 > 2016-04-25 23:29 | Report Abuse

If QR bad why Maybank analyst give TP RM 6.90 can get gaji buta?

curious2

1,812 posts

Posted by curious2 > 2016-04-25 23:35 | Report Abuse

Ng Kweng Chong must be very busy with his business to notice UMA hence not yet answer.

curious2

1,812 posts

Posted by curious2 > 2016-04-25 23:36 | Report Abuse

If Gtronic boss answer today UMA with he has bought 1 million shares what will happen?

moonfeel

23 posts

Posted by moonfeel > 2016-04-26 00:47 | Report Abuse

Could it be a buy back? If buy back mean the company have confident in itself.

curious2

1,812 posts

Posted by curious2 > 2016-04-26 04:22 | Report Abuse

USD 3.9 now or 1st qtr 2016(coming QR) around 4.0-4.40 mean Gtronic will report forex gain YOY against 2015.

bsngpg If want to speculate, I would speculate foreign funds sell off heavily to cash in RM and exchange it to USD in the forecast that RM is to strengthen further plus the weakening semi-con. I am speculating only.

25/04/2016 23:03

superfly

519 posts

Posted by superfly > 2016-04-26 08:38 | Report Abuse

Funny counter and Funny UMA

theJedi

65 posts

Posted by theJedi > 2016-04-26 08:47 | Report Abuse

no clear reason to justify the big price fall yesterday

i expect price rebound today

jayloh

1,126 posts

Posted by jayloh > 2016-04-26 08:58 | Report Abuse

i will only repeat this once for the sake of all retail investors (I don't hold Gtronic). QR results will be out today, expected to be poor but that's not the reason for the selldown. Real reason is their sensors order have been delayed and volumes have been cut significantly (10-50%). this is real change in their fundamentals and earnings visibility. u can expect analysts to cut their TP significantly in their next report. Big fund managers have received the news yesterday morning. DO NOT catch the knive until the storm has calmed. please repost if u wish to pass on d message.

Posted by skylifttoptoptop > 2016-04-26 09:06 | Report Abuse

if i am directors, i will eat up the shares. :P

bler ~~~ u takut, sit back and watch

cy91

397 posts

Posted by cy91 > 2016-04-26 09:13 | Report Abuse

even if QR result is bad, this kind of selling is obviously oversold! 100% will rebound.

Posted by familybusiness > 2016-04-26 09:16 | Report Abuse

going hell lo.......why no rebound

Posted by familybusiness > 2016-04-26 09:18 | Report Abuse

i lock in 3.8 think can get it today if keep dropping ...die hard

jimmyee8

57 posts

Posted by jimmyee8 > 2016-04-26 09:18 | Report Abuse

down down down

jimmyee8

57 posts

Posted by jimmyee8 > 2016-04-26 09:19 | Report Abuse

dare to catch the falling knife?

Posted by familybusiness > 2016-04-26 09:22 | Report Abuse

today also top loser

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