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 6 hours ago

hng33

20,492 posts

Posted by hng33 > 2016-04-29 16:55 | Report Abuse

Closed at RM 3.42....with hard rock bottom reach......

Johnnys

759 posts

Posted by Johnnys > 2016-04-29 16:58 | Report Abuse

1 week drop 35%, no play play.

michaelwong

3,072 posts

Posted by michaelwong > 2016-04-29 17:03 | Report Abuse

Monday expect to dropped some more . No joke man !

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2016-04-29 17:05 | Report Abuse

Can spend the weekend analysing this and the other counters which suffered significant drops. But Globetronics is the biggest story. Such a steep, almost continuous fall every trading day. Tempting to think the selling is overdone. But better to see the price action next week first.

Posted by Instafan888 > 2016-04-29 17:13 | Report Abuse

Rumour about Gtronics continue to fall below 3.00. Becareful. Best is to cut loss and buy Vivocom. Vivocom is steady at 32.5 sen despite shaky market.

Johnnys

759 posts

Posted by Johnnys > 2016-04-29 17:13 | Report Abuse

Next week prepare for Margin Call, high possibility margin call from Big BOSS!!!

Posted by Instafan888 > 2016-04-29 17:15 | Report Abuse

Yes margin call for sure. So don't hold anymorre. Sell now and buy back later or buy Vivocom. Vivocom is steady at 32.5 sen despite shaky market.

Johnnys

759 posts

Posted by Johnnys > 2016-04-29 17:16 | Report Abuse

Whoever pick the durian already Blood Bath, next week need send to ICU otherwise prepare jump from KLCC.

Posted by Mohd Fahmi Bin Jaes > 2016-04-29 17:21 | Report Abuse

next level 3.10

slbzr

168 posts

Posted by slbzr > 2016-04-29 17:32 | Report Abuse

smart phone contract terminated, hear say only

feimah

908 posts

Posted by feimah > 2016-04-29 17:33 | Report Abuse

I am waiting at RM2.00 to consider for purchase again

Posted by Teo Hock Song > 2016-04-29 17:38 | Report Abuse

this stock will continue to drop. Don't buy now

Posted by Instafan888 > 2016-04-29 17:53 | Report Abuse

Price will continue to drop to 2.00. Sell off first. Can buy Vivocom which is only 32 sen. Try to make back your losses from Vivocom. Target price is 67 sen. From CIMB and MIB.

Good_News

601 posts

Posted by Good_News > 2016-04-29 18:03 | Report Abuse

MIDF buy call. TP RM 4.07.
http://klse.i3investor.com/servlets/ptres/35649.jsp

Johnnys

759 posts

Posted by Johnnys > 2016-04-29 18:06 | Report Abuse

Good_News, if you are first time saw MIDF TP, than let me tell you, MIDF TP you need X 0.5, it mean RM2 will be actual MIDF TP.

vitac

522 posts

Posted by vitac > 2016-04-29 18:06 | Report Abuse

MIDF want you to commit suicide...

S56phw001

92 posts

Posted by S56phw001 > 2016-04-29 20:24 | Report Abuse

No need ask just buy & keep

Posted by Kungsing Ting > 2016-04-29 21:28 | Report Abuse

I still firm my mind to wait for 2.9 to 3RM.. currently it still show downtrend.. and yes, don't try to against trend, unless u wish to keep for long term.

Blacksails

763 posts

Posted by Blacksails > 2016-04-29 21:37 | Report Abuse

Your choice: 2.31, 1.81 or 1.70 ...who knows.

michaelwong

3,072 posts

Posted by michaelwong > 2016-04-29 21:45 | Report Abuse

Any stock with serious downtrend will rebound b4 it slipped further down . For those who bought at that particular right timing is more advisable to lock in profits and buy back later for safety reasons . This is my personal opinion and just ignored if not applicable to people's with different directions . Cheers !

891088

595 posts

Posted by 891088 > 2016-04-29 21:46 | Report Abuse

Better invest others stock..company looks like showing trouble soon.. Better buy Digi,Maxis,Axiata or gd Fa company every Qtr..

Posted by Instafan888 > 2016-04-29 21:55 | Report Abuse

Sell, sell, sell. Save some capital to buy Vivocom @ 32.5 sen. The price will be 50 sen by year end 2016. At least recover your losses or even make some profit in Vivocom. Make an effort to find out more about Vivocom. You will not regret.

891088

595 posts

Posted by 891088 > 2016-04-29 22:08 | Report Abuse

Sell all stock in May and stay away..now the system will upgrade soon..any stock ur touch..sure lost punya..they gonna use robot for trading.

Posted by Mohd Fahmi Bin Jaes > 2016-04-29 22:14 | Report Abuse

sell = buy in may

paperplane2016

21,659 posts

Posted by paperplane2016 > 2016-04-29 22:16 | Report Abuse

All die, fv rm 1.50

moneySIFU

5,862 posts

Posted by moneySIFU > 2016-04-29 23:27 | Report Abuse

paperplane, SGB that you bought has been down from RM1.43 to RM0.90 in just 4 DAYS!!!

What make you think you have any position to come here?

---------------------------------------------------------
When price was at RM1.20, the market capitalisation of SGB was already RM125 million.

Assuming PE 5 for small time developer, you need NET PROFIT RM25 million to support current price!!!

SGB has been making losses since its listing many years ago & last year total revenue was just RM23mil only!!! http://klse.i3investor.com/servlets/stk/fin/7165.jsp

How much you value this company? How much is the expected profit? What is the PE you are looking for?

You think SGB can play magic to make profit even more than last year's revenue?

ktsk88

5,284 posts

Posted by ktsk88 > 2016-04-30 09:31 | Report Abuse

About SGB, i don't need to look at the profit. Just take the PA alone and the warrants..........both trading at big discount to the mother becos later all these are converted in the market will sell big time............mother price will on down trend in coming 3 weeks becos all those that converted will likely to sell down big time.

Those bought the PA and warrant at the peak can't sell now becos stucked and waiting for the conversion process.

So expect more selling pressure the coming 3 weeks.

It is gone case for SGB..............so do not touch it. Focus on other stocks.

Alfred Aun

1,139 posts

Posted by Alfred Aun > 2016-04-30 10:45 | Report Abuse

In order to win the traders have faith in this counter, I think the management of the company should do the necessary action, such as company share buy back, to prevent the company share further drop.

Posted by Instafan888 > 2016-04-30 13:08 | Report Abuse

Is tokokkk8888 in this forum. Tokokkk8888 went to Vivocom forum to ask people to buy Gtronic at 5.00. But I don't see tokokkk8888 here. Don't simply listen to people who ask you to buy any stock. Peek at his id if it is a new or old id.

cheated

999 posts

Posted by cheated > 2016-04-30 14:07 | Report Abuse

Instafan88 your id look new. Why you join i3 only in Apr'16? Where were you before?

Posted by Instafan888 > Apr 30, 2016 01:08 PM | Report Abuse
Is tokokkk8888 in this forum. Tokokkk8888 went to Vivocom forum to ask people to buy Gtronic at 5.00. But I don't see tokokkk8888 here. Don't simply listen to people who ask you to buy any stock. Peek at his id if it is a new or old id.

Posted by Instafan888 > 2016-04-30 14:32 | Report Abuse

cheated, That is why I don't simply ask people to buy shares. My original id was Instafan registered much earlier or meaning Instaco fan. Instaco has since changed its name to Vivocom.

greatful

1,644 posts

Posted by greatful > 2016-04-30 15:06 | Report Abuse

why link gtronic with sgb?

Posted by Instafan888 > 2016-04-30 15:29 | Report Abuse

Somebody brought up SGD earlier. So its just some sharing of info.

BoPoint

154 posts

Posted by BoPoint > 2016-04-30 18:44 | Report Abuse

Anyone that comes out with fair value for this stock is nonsense as we have no idea how fundamental damage has been done. (So far we learned about last quarters results ONLY, we have no idea about the business changes). While the business has been affected, we shall wait to see management's adaption to the new climate (be it industry slow down or self-company model changes).

Note that as a value investor, one shall not hesitate to sell, regardless of price, when the stock's fundamental has deteriorated.

Note that as a value trader, there is no reason to trade this stock, no matter how the chart looks like when we know for a simple reason business is declining.

bsngpg

2,842 posts

Posted by bsngpg > 2016-04-09 06:45 | Report Abuse

Question: what are your basics that business fundamental has been changed?

Question

10 posts

Posted by Question > 2016-04-30 21:17 | Report Abuse

iPhone 7: Apple 'to release 'four new phones in 2016'
http://www.theweek.co.uk/iphone-7/62138/iphone-7-apple-to-release-four-new-phones-in-2016

Question

10 posts

Posted by Question > 2016-04-30 17:47 | Report Abuse

Who will benefit from iPhone 7?

Posted by Kungsing Ting > 2016-05-01 09:29 | Report Abuse

Don't think so for your support level mentioned. But is quite near as what I see. Now problem is, if this support can not hold a position, no enough resistance to support, it might go to 2.xx in crazy speed. U just need to have a preparation if it fall below 2.8rm.

RainT

8,448 posts

Posted by RainT > 2016-05-01 15:13 | Report Abuse

Inari will be the next GTRONIC ? Drop in price ? As INARI result for quater 3 also will out around mid May 2016...
As RM has strengthen and drop in sales demand (due to weak smart phone sales )

SuperK2

16 posts

Posted by SuperK2 > 2016-05-01 15:24 | Report Abuse

Guys... Look at volume instead of price. More down to go before it really consolidate. KNM

johnny cash

6,400 posts

Posted by johnny cash > 2016-05-01 17:11 | Report Abuse

Gtronic core business very dependent on global smartphones, but this is just a cycle, time to be high on uptrend, now to be down but not OUT YET

johnny cash

6,400 posts

Posted by johnny cash > 2016-05-01 17:14 | Report Abuse

Sure majority of export counters are affected at the moment..exports had been running for long time already

johnny cash

6,400 posts

Posted by johnny cash > 2016-05-01 17:15 | Report Abuse

Now a different theme play had started, majority are looking at AIRASIA

johnny cash

6,400 posts

Posted by johnny cash > 2016-05-01 17:18 | Report Abuse

Gtronic play will be between 3.50 to 4, at the moment..only very panic situation will take the stock below 3.50.. anything below 3.50 is buying opportunity..

Posted by shortinvestor77 > 2016-05-01 18:10 | Report Abuse

Let it fall. Observe till it price is stable. But I guess those big sellers (fund managers) already gone for holidays. No more big sale.

891088

595 posts

Posted by 891088 > 2016-05-01 23:24 | Report Abuse

Gap down below Rm3 next Tuesday..sure die hard

voon1900

714 posts

Posted by voon1900 > 2016-05-02 13:31 | Report Abuse

i respect hng33 n i hope is a big up tmr.bt hng33,pls be cautious.i think over tat ur sayin tat the selling pressure comes frm Tplayer....these words tempt me to buy BT,i am thinking someting else.btw,gud luck!

Posted by Instafan888 > 2016-05-02 16:40 | Report Abuse

Gtronic SELL. Price coming down.

Good_News

601 posts

Posted by Good_News > 2016-05-02 18:00 | Report Abuse

Change in Shareholding (Director)
Date Name Remark
27/04/2016 MR NG KWENG CHONG Open market purchases via Glencare Sdn Bhd
22/04/2016 MR NG KWENG CHONG Open market purchases via Glencare Sdn Bhd
19/04/2016 MR NG KWENG CHONG Open market purchases via Glencare Sdn Bhd
14/04/2016 MR NG KWENG CHONG Open market purchases via Glencare Sdn Bhd
11/04/2016 MR NG KWENG CHONG Open market purchases via Glencare Sdn Bhd
http://klse.i3investor.com/servlets/stk/annchdr/7022.jsp

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