Kkchoo79.....profit and payment term totally not related ok.... Payment term only affect the cash flow Profit is directly recognize in time sales is made
Unless if it is propert company than have the unbilled sales But for Gtronics....the sales should have been recognized directly when the sales happen in P&L Only when payment received follow payment term then will affect cash flow and balance sheet
I bought gt today 3.43 but i must sell tomolo... too bad.... not because the qr... haiz... insider news leak ady... must sell... hope can sell 3.5 tomolo... haiz..
Singapore company Heptagon has been acquired by Austrian company AMS. That is a known fact. Before this, Heptagon is the main client of Gtronic. If u look into the QR report, the revenue contributed by Singapore is reduced significantly. The future prospects is uncertain.
Securities Commission Malaysia (SC) today charged six individuals with insider trading offences under Section 188 of the Capital Market and Services Act 2007 (CMSA).
Fang Chew Ham, 69, the founder and Managing Director of Three-A Resources Bhd (3A) together with his daughter and 3A Executive Director Fang Siew Yee, 36, were charged for communicating material non-public information to his brother and Non-executive Director Fong Chiew Hean. The offence under section 188(3)(a) CMSA was allegedly to have been committed on 5 September 2009.
Fong was also charged for nine counts of insider trading. He had acquired 891,000 units of 3A shares between 7 September and 5 October 2009 through two accounts at PM Securities Sdn Bhd while in possession of the said material non-public information.
SC alleged that the material non-public information referred to in the charges relates to the collective venture between the businesses of 3A and Wilmar International Limited (Wilmar) which later materialised through a 20% private placement of the issued and paid-up share capital of 3A to Wilmar. The said information was announced to Bursa Malaysia on 5 October 2009.
Fang Chew Ham, Fang Siew Yee and Fong all claimed trial. Kuala Lumpur Sessions Court Judge Tuan Mat Ghani Abdullah fixed bail at RM250,000 for Fong, while bail for Fang Chew Ham and Fang Siew Yee was fixed at RM200,000. All three were ordered to surrender their passports to the court.
In a separate proceeding, SC also charged Fang Siew Yee under section 188(2)(a) CMSA for acquiring 2,720,000 units of 3A shares. The offence is said to have been committed between 27 August 2009 and 5 October 2009 while she was in possession of the said information. Fang Siew Yee, who faces a total of eight charges, is said to have acquired 3A shares through the account of Tan Bee Geok, 62. Tan together with Fang Chew Ham and two OSK Investment Bank Bhd dealers at the material time, Chew Lian Foon, 38, and Ong Kok Aun, 55, were charged for abetting Fang Siew Yee in the commission of the offences under section 370(c) CMSA.
The charges against Fang Siew Yee, Fang Chew Ham, Tan, Chew and Ong were read out before Sessions Court Judge Tuan Zulqarnain bin Hassan. All five claimed trial. Fang Siew Yee was granted bail of RM250,000 while Fang Chew Ham, Tan, Chew and Ong were each granted bail of RM150,000. They were also ordered to surrender their passports except for Tan, who did not own one.
The offences under sections 188(2) and (3) of the CMSA 2007 are punishable with an imprisonment term not exceeding 10 years and a fine of not less than RM1 million.
Kalau saya tak jual... pun mesti gap down... Gt will lose a lot of customer... their customer bisnes oso vy bad... iphone sales oso not vy good...if iphone 7 explode again... gt will burn... becareful... it is my mistake for not contra today for vy minor profit.....haiz:(
I think gt will drop until 2.5 for short term... today they oso want to trap investor by put a lot of que on buy before closing... I wil be the victim if cant sell at 3.5 tomolo.... good luck to all for who want to holding this share...
My advice is must sell gt share as fast as possible... more bad news will come in... and wait until at least 2.2 to buy in... you will regret n painful if you see gt price at 2.5 for 2 weeks time.
Double Kill for Gtronic investors.... i cant think any reasons to hold my share. .. buy today sell tomolo , hopefully not gap down too much for me to sell...
Ikaztahkik I checked cheeyong is a cheat. Dia tak pernah beli GTronic langsung macam mana ada saham boleh jual. Ikaztahkik
cheeyong I bought gt today 3.43 but i must sell tomolo... too bad.... not because the qr... haiz... insider news leak ady... must sell... hope can sell 3.5 tomolo... haiz.. 25/10/2016 22:52
Ikaztahkik cheeyong..kamu sudah cakap esok mahu jual..habis la.. orang sudah tahu kamu mahu jual, esok mesti gap down..... 25/10/2016 23:07
imo yesterday's share price correction was long overdue. the share price has slumped previously because of poor sales and profit in last QR but recently the price rebounded strongly simply because of news that some products were in qualifying stage. as I understand, qualifying means only at the audit stage, it is not certain that the customers will adopt your chips/sensors and even if they adopt, how much order will they place with you is also uncertain.
so the price has previously rebounded because of speculation, it's also fitting that it slumped back down because of speculation (heptagon). my take, stay away from this counter for now due to the uncertainty unless you are really strongly convinced by the rebound in sales order story. previously gtronic's selling point was its track record, now unfortunately it's just like any other story stock, selling you the future which cannot be backed by figures.
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....
KingOfStock
214 posts
Posted by KingOfStock > 2016-10-25 21:24 | Report Abuse
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