It is normal for company's share price to fluctuate up or down. Even the best managed companies in the world such as Google and Microsoft will also go through good and bad times. The main point is that this company maintains its profitability and dividend payment records since its IPO. It has bagged huge profits before, and it also experienced drastic decreased in profit as well. However, I believe that the future of this company is bright as it diversifies into 5G. Many new electronic/electrical products will be rolled out into the marketplace in the near future and the company will for sure ride along the wave of 5G.
Inari and gtronic will run first, followed by ATE manufacturer including elsoft, penta, vitrox, mmsv. Then frontkn and dufu in third tier. Aemulus, vis, notion, jcy nt worth to consider due to underperform.
this director very funny, rm2.00 also buy 4000 units, rm1.80 also buy 4000 units, i'm sure he knows gtronic have bad q1 results, why not just let the price drop to rm1.50 and buy more, is he making fun of minor shareholders? lol
factorrumour this director very funny, rm2.00 also buy 4000 units, rm1.80 also buy 4000 units, i'm sure he knows gtronic have bad q1 results, why not just let the price drop to rm1.50 and buy more, is he making fun of minor shareholders? lol 04/05/2019 11:07 PM
Look at Ng Kweng Chong disposal(in million shares) in 2018. Who say he cannot buy every day 4K shares? 1.5 million shares disposed at 2.58 for nets him 3.87 million. Even everyday buy 4K at avg RM 2 will need 484 market days(> 2 years) only can finish the money. https://klse.i3investor.com/servlets/stk/annchdr/7022.jsp?type=Dispositions
Take a look at the buying pattern of the director. He consistently bought his company's shares each week irrespective of its pricing throughout the years. He knows well that the company has potential in the future and will continue doing well. Every company will go through the same phase of development of ups and downs. If you are in his position and knows how well your company is going to perform, you will also be doing the same. You won't buy if you know your company's future is bleak. I believe he practices value investing and as such his price averaging objective will serve him well in the long run.
Sharing:Apple iPhone major metal body maker from Taiwan announced April's revenue dropped 42% and down 34.58% compared same period 2018.Bad situation still running...
why care about steel body when screen crack when fall?...apple sell so expensive with name not better but stagnant quality,...why buy when you have better bendable n really smart all round n cheaper phone?
Yesterday night,I study Gtronic's announced Qr.This Qr(31/03/2019) is very bad.That bad data shown lowest come back to Qr@31/03/2009.Ten(10) years global crisis might be coming soon...
Globetronics Technology Bhd (May 14, RM1.66) Maintain buy with a higher target price (TP) of RM2.57: Globetronics Technology Bhd saw weak results in the first quarter of financial year 2019 (1QFY19) although we believe a subsequent earnings recovery would materialise, as in 2018. While we expect 2019 revenue to be lower year-on-year (y-o-y), earnings should not be significantly impacted, benefiting from a favourable revenue mix.
New sensor and non-sensor-related products are in the pipeline, and would likely replace a revenue slack from its timing device business. We remain confident that management will steer the company and develop a new revenue driver again, ensuring its strong earnings growth profile is retained. We maintained our “buy” call.
To recap, Globetronics’ 1QFY19 earnings were weak, with nearly all key segments seeing a sluggish performance. Its sensor division’s weakness was due to its light sensor product although its gesture sensor, designed into a wireless headset, continued to be well-received and production volumes remained robust. Overall, we believe sensor volumes will improve in the coming quarters due to seasonality.
The timing device segment contributed 30% of the group’s revenue in 2018. As this business’ contribution may contract in the coming years, management has been actively working on several initiatives including introducing new products to cover the expected revenue shortfall. We expect several sensor and non-sensor products to be qualified in the second half of 2019.
Despite lowering our 2019 to 2021 earnings per share estimates by 12% to 18%, we think Globetronics is still appealing given its increasing presence as a niche sensor player. We also like its dynamic management team having successfully steered the group, taking advantage of attractive business opportunities. We see the timing device business being replaced by another large project likely to sustain its earnings growth in future. While the company consolidates its earnings, the risk-reward profile remains favourable. In addition, earnings for 2019 to 2021 estimate and dividend yields of 5% to 6% are attractive. — Affin Hwang Capital, May 14
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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....
4444
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Posted by 4444 > 2019-05-01 11:24 | Report Abuse
Limit down 1.33?