GLOBETRONICS TECHNOLOGY BHD

KLSE (MYR): GTRONIC (7022)

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Last Price

0.52

Today's Change

-0.01 (1.89%)

Day's Change

0.525 - 0.535

Trading Volume

2,905,900


17 people like this.

8,699 comment(s). Last comment by newlifenolie 1 hour ago

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2016-08-03 10:42 | Report Abuse

I plan to come in again. But must be reasonably confident of the support level first. It's okay to buy at a slightly higher price. So I'll wait for a clearer picture.

By the way, the time when most people had totally given up on a counter - that's when you'd want to be in. Because all the sellers are gone, and those remaining will keep holding on.

Gusen

1,871 posts

Posted by Gusen > 2016-08-03 10:43 | Report Abuse

i think this round around 2.7x lowest, then it will up some

Gusen

1,871 posts

Posted by Gusen > 2016-08-03 10:46 | Report Abuse

since it drop from 3.27 (before QR) to 2.7x, around 50 bids or 18%, quite cruel

skybird

26 posts

Posted by skybird > 2016-08-03 10:47 | Report Abuse

fundamentally, it is not very lousy, at least reasonable PE and with strong cash flow, should not be all the way down !

Gusen

1,871 posts

Posted by Gusen > 2016-08-03 10:47 | Report Abuse

it should up back to 2.9x something, and then drop back to 2.8x or settle flat until good news or bad news.

Gusen

1,871 posts

Posted by Gusen > 2016-08-03 10:54 | Report Abuse

I would guess PE ratio around 15 is fair price for this counter

Gusen

1,871 posts

Posted by Gusen > 2016-08-03 10:55 | Report Abuse

alamak...seem like no more 2.75 :(

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-08-03 11:09 | Report Abuse

waiting for rebound..buy after reach back to 2.80

Gusen

1,871 posts

Posted by Gusen > 2016-08-03 11:16 | Report Abuse

come on, i Q 2.75

Gusen

1,871 posts

Posted by Gusen > 2016-08-03 11:16 | Report Abuse

drop drop drop

Posted by Kungsing Ting > 2016-08-03 11:36 | Report Abuse

No worry.. haha.. big movement at afternoon

ktsk88

5,284 posts

Posted by ktsk88 > 2016-08-03 12:35 | Report Abuse

big movement?..................up ?

seanchin

21 posts

Posted by seanchin > 2016-08-03 13:36 | Report Abuse

Fundamental: CR: 5.89, D/E: 14%, Cash & eq: 171m ~ Annual revenue 2015 177m. Retain earning: 115m. Book value: RM1.01/Share.

skybird

26 posts

Posted by skybird > 2016-08-03 14:46 | Report Abuse

1.01 Book value, 60 sen is hold by real cash........:)

CUTLOST

5,178 posts

Posted by CUTLOST > 2016-08-03 14:57 | Report Abuse

From 5 to Rm2.75..what happenning to GTRonic company? Going to B'krup..no.renew contract from clients

skybird

26 posts

Posted by skybird > 2016-08-03 15:53 | Report Abuse

Come come 2.70 coming

skybird

26 posts

Posted by skybird > 2016-08-03 16:48 | Report Abuse

2.75 again

Gusen

1,871 posts

Posted by Gusen > 2016-08-03 16:48 | Report Abuse

oh, tmr see see first, don't want 2.75

Posted by Dickybullsoup > 2016-08-03 17:30 | Report Abuse

is it the Qr shows drop in profit, that caused the price drop below 3.00?

Posted by comebackisreal > 2016-08-03 20:32 | Report Abuse

Test water at 2.7

Posted by comebackisreal > 2016-08-03 20:33 | Report Abuse

2.75

Posted by Kungsing Ting > 2016-08-03 21:44 | Report Abuse

Will go to 2.7 soon, then rebound. Then what is next, don't know. Can't see any bottom line so far. But if for long term, like 1 year, no problem d. Haha. Maybe need wait for quarter result, then only know direction. Or else, can try to hold first, bet quarter result is good, else further drop again until fair price with quarter result.

Posted by Khaw Seek Chuan > 2016-08-03 22:00 | Report Abuse

run!

Gusen

1,871 posts

Posted by Gusen > 2016-08-04 09:27 | Report Abuse

brought 2.77, 2.78, 2.79, 50 lots test water

Gusen

1,871 posts

Posted by Gusen > 2016-08-04 09:27 | Report Abuse

go go go today rebounce day

Gusen

1,871 posts

Posted by Gusen > 2016-08-04 09:35 | Report Abuse

easy cake to 2.9x

Gusen

1,871 posts

Posted by Gusen > 2016-08-04 10:08 | Report Abuse

brought more @ 2.79

CUTLOST

5,178 posts

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

buy more..already hit above 2.80

skybird

26 posts

Posted by skybird > 2016-08-04 14:56 | Report Abuse

miss the boat . By the way, EPF still collecting ..........

HappyBuyer

352 posts

Posted by HappyBuyer > 2016-08-04 16:19 | Report Abuse

how to know whether EPF is collecting?

skybird

26 posts

Posted by skybird > 2016-08-04 17:17 | Report Abuse

03/08/2016 NG KWENG CHONG HOLDINGS SENDIRIAN BERHAD Open market purchases via Glencare Sdn Bhd
03/08/2016 MALAYSIAN TECHNOLOGY DEVELOPMENT CORPORATION SDN BHD Open market purchases via Glencare Sdn Bhd
03/08/2016 GENERAL PRODUCE AGENCY SDN BERHAD Open market purchases via Glencare Sdn Bhd
03/08/2016 MR NG KWENG CHONG Open market purchases via Glencare Sdn Bhd
03/08/2016 MADAM GOOI MEI HOON Open market purchases via Glencare Sdn Bhd
03/08/2016 WISERITE SDN BHD Open market purchases via Glencare Sdn Bhd
01/08/2016 EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") Citigroup - EPF Board (PHEIM) Acquired of 360,000 shares
29/07/2016 NG KWENG CHONG HOLDINGS SENDIRIAN BERHAD Open market purchases via Glencare Sdn Bhd
29/07/2016 GENERAL PRODUCE AGENCY SDN BERHAD Open market purchases via Glencare Sdn Bhd
29/07/2016 MADAM GOOI MEI HOON Open market purchases via Glencare Sdn Bhd
29/07/2016 WISERITE SDN BHD Open market purchases via Glencare Sdn Bhd
29/07/2016 MR NG KWENG CHONG Open market purchases via Glencare Sdn Bhd
29/07/2016 MALAYSIAN TECHNOLOGY DEVELOPMENT CORPORATION SDN BHD Open market purchases via Glencare Sdn Bhd
29/07/2016 EMPLOYEES PROVIDENT FUND BOARD ("EPF BOARD") Citigroup - EPF Board (PHEIM) Acquired of 20,000 shares

HappyBuyer

352 posts

Posted by HappyBuyer > 2016-08-05 09:45 | Report Abuse

Like no more strength to go up

Gusen

1,871 posts

Posted by Gusen > 2016-08-05 10:00 | Report Abuse

now all people waiting 3D sensor order, only Boss know can get it or not.

HappyBuyer

352 posts

Posted by HappyBuyer > 2016-08-05 10:04 | Report Abuse

Give me hint when thing can go...so at least I can cover back my previous huge loss

Gusen

1,871 posts

Posted by Gusen > 2016-08-05 10:05 | Report Abuse

http://www.forbes.com/sites/shelisrael/2013/11/25/why-would-apple-buy-primesense/#42814c5a75b1

Apple long time ago brought 3D sensor company. i don't think Gtronics can beat their technology. So, a case closed.

Gusen

1,871 posts

Posted by Gusen > 2016-08-05 10:07 | Report Abuse

although coming apple 7 might have 3D camara take pre order at early september, but it has been already done.

HappyBuyer

352 posts

Posted by HappyBuyer > 2016-08-05 10:12 | Report Abuse

no wonder, that why I keep on wondering why Apple 7 going to be release soon but no impact on Gtronic share price.

Gusen

1,871 posts

Posted by Gusen > 2016-08-05 10:15 | Report Abuse

Inari could be better than Gtronic now, if want invest tech stock, inari 1st.

Gusen

1,871 posts

Posted by Gusen > 2016-08-05 10:18 | Report Abuse

U can still monitor gtronic, unless they got other customer to buying their 3D sensor. those old sensor price very competitive now, they may lose contract/OEM to other manufacturer, contract manufacturer bidding very low price to get contract at the moment.

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2016-08-05 11:22 | Report Abuse

Last two days have been fairly encouraging. I'm inclined to believe the bottom has been found. Taking a small position, with 2.75 as the cut-loss point.

ssdn02

36 posts

Posted by ssdn02 > 2016-08-05 11:26 | Report Abuse

Is GTRONIC-CG share still alive?

Gusen

1,871 posts

Posted by Gusen > 2016-08-05 11:51 | Report Abuse

sold 2.81, focus inari now

Posted by Kungsing Ting > 2016-08-05 13:51 | Report Abuse

Inari look good. Hi Hi... I go back to oil share company.. haha

Posted by hariharisaham > 2016-08-05 15:06 | Report Abuse

Gtronic...tabah dan lasak...

Gusen

1,871 posts

Posted by Gusen > 2016-08-05 15:53 | Report Abuse

oh, got news

Ruggedfix

177 posts

Posted by Ruggedfix > 2016-08-05 17:04 | Report Abuse

Wat News?

HappyBuyer

352 posts

Posted by HappyBuyer > 2016-08-05 17:49 | Report Abuse

what news?

Posted by Kungsing Ting > 2016-08-05 19:28 | Report Abuse

What news?

BoPoint

154 posts

Posted by BoPoint > 2016-08-06 11:52 | Report Abuse

While it is not close to distressed situation, we recently looked into Gtronic for a bargain hunt. We are in firm position that the management will do better for this out of favour stock. Bear in mind that distressed investing situation does not always result in strong profit. Some will liquidate or be acquired, while others can languish with depressed stock prices for years.

Our research shows that most turnaround stories happen in companies of this size (among stocks in Bursa Malaysia), rather than those you always listen to or read in news (most, if not all, tend to be penny stocks). White knights come in with great promises, only to see nothing happened or project failed. Thus, we rather believe in strong current management that have serious will to bring us through. Forget about those that prefer to come out in limelight, rather than spend time working on the business.

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