Everyone is entitled to comment, but who you choose to believe at least base it on facts. All those that scream buy/sell most of them are baseless claims.
Fact: Research house has continuously state that 2H2016 is the recovery period for the semi con (meaning when numbers come in, its about Sept/Oct). Next quarter has no doubt you will see similar if not worse performance. Once the ex-date for the dividend passed, usually all stocks will almost see a selldown, think about this fact yourself. Especially with EPF and shareholders all holding these bullets.
Fact: Gtronic revenue has dropped 70% compared to last quarter, price target for its share price has all dropped by ~45%. Its share price only dropped 35% so far. The downside risk in the coming months is far greater than any upside. Combined with the current economy of Malaysia, do you see anyone investing in a slowdown sector this year. Sentiment is already bad.
Does that mean gtronic won't rebound and reach its highs? Absolutely not. it has already invested about rm50m in capex which should provide them good earnings, in 2017-2018. That's when we will see the pickup. What's the outlook in 2016 - expect to see further drop until 2.80 (which is about 45% matching the drop in target price). Then we see a trend higher.
Don't be naive, they are the owners and executives of the company. If they don't support their own company, who's gonna instill confidence in the company. There are two reasons why they are accumulating 1) they want their share of the dividend that's upcoming and this price point is attractive for them to start buying considering they sold down few weeks ago 2) they want to defend the share price which if they don't it will plunge down even further, thus valuing the rest of their holdings even less
the difference between public n the owners is that they hold a long term view of the company. to me, gtronic plans is good but risky (betting highly on 3d imaging sensors) but all this are long term. will this share plunge lower? yes. will this share reach back the highs of 2013/14? maybe (in a 5 year cycle maybe)
The cost of the shares to the owners if they have not increased their holdings after listing is par value ( I guess). Before listing, they divide and sub divide the shares before selling at a premium to the public. This is the practice of all companies prior to going public. Even at this low price, they are not making any loss.
The so called buy back is a bit funny... All 3 biji 3 biji 3 biji... You can buy too. And may b even more than them... No real sign of recovering yet... I don't expect this coming Q results in July will improve much... But before that, coming in June is FOMC meeting and UK's EU referendum... Buy if you have holding power... There's only cheaper in downtrend. Vice versa, there's only more expensive in upward trend...
good company with vision wont let their share price slide by 40% within a week. and would not have indicated to research firms that their revenue is only "slightly" affected and not qtrly decrease by 70%.
Maxireturn is just trying to mislead other investors, he is the classic kind to try and push others to buy so he can dump his shares off to cut loss.
If it's iPhone and Samsung supplier, then won't have any surprise features in the phone. High end smart phone will still be sluggish. Earth economy is soft now. Careful guys.
1st. We don't know Cold Eyes really added more Gtronic. 2nd. If he added also, his average price is far lower than average investors. 3rd. Only rich investors can do so (with a lot bullets and time) as they have holding power. 4th. Gtronic had its superbull run since 2012. Any bull needs a rest too. haha...
Thus, average investors are advised to pull the knife only after it hit the deck. Not everyone can catch a falling knife... No point argue now, there will be stronger signs (good or bad) when getting nearer to July end/Aug mid...
Yes..u r right!!!tp2..0 for sure!!!but it will bounce back abv6.0 when iphone7 out...overall...why rush to sell???it better to more buy below 2.20lo...kikiki...
Three suppliers that seldom command much attention, working behind the scenes to make devices sold under the brands of better-known customers, put out back-to-back earnings reports Tuesday. They spell trouble ahead for smartphone makers and other companies that once thrived on mobile mania.
Pegatron Corp., which assembles iPhones, missed profit expectations and said April sales dived 16 percent. Minebea Co., which makes LED lights for mobiles, lagged its own forecasts for revenue and earnings. Japan Display Inc., which supplies screens to Apple and others, said profit has deteriorated so rapidly it will lose money for the fiscal year and suspend a promised dividend. Adding to the gloom, Lenovo Group Ltd. tumbled to a four-year low as analysts warned of rising competition.
Asian components makers are positioned early in the supply chain so they often signal what’s ahead for giants like Apple, Samsung Electronics Co. and Xiaomi Corp. The iPhone maker offered evidence of a deteriorating market with its first quarterly sales decline in 13 years. Now, some are bracing for a possible triple-whammy: sliding sales, an unfettered market-share competition and crumbling prices.
Those want to sell pls sell lah. No point talk bad in this forum. Those want to hold pls do so. Abismail, pls go to other forum if you don't have Gtronics shares, OK?
@confuse 10k is pennies to ppl like ng kweng chong, dont compare us and them and @shortinvestor77 this is a forum for discussion, to help others understand the situation
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....
biggerdick
18 posts
Posted by biggerdick > 2016-05-10 22:13 | Report Abuse
yes yes....u really shld buy more......buy more guys!... haha haha