Posted by thesteward > 2019-12-05 17:50 | Report Abuse

Start watching gsb these 2 weeks hopefully can hit 26/28

Posted by HoldingKing > 2019-12-06 16:10 | Report Abuse

paperplane, where u get the news of asset injections

Posted by HoldingKing > 2019-12-06 19:57 | Report Abuse

niaseng i trust u i buy liao today 0.20 haha

Posted by HowAh > 2019-12-19 23:48 | Report Abuse

Dead

Posted by Jeffreyteck > 2019-12-23 20:33 | Report Abuse

Congratulations for LT investors as....GSB Group Bhd, which has been loss-making for the last six consecutive years, expects to turn profitable in the current financial year ending March 31, 2020.

Bad news is don't expect for dividends as "We are planning to use our funds to expand our core business first before announcing any plans for future dividend payouts".... Majority SH needs to eat, minority SHs just need to drink water. Lol. Good luck.

Posted by Samtuckfatt > 2019-12-25 23:14 | Report Abuse

KUALA LUMPUR: Property developer GSB Group Bhd, loss-making for the last six consecutive years, expects to turn profitable in the current financial year ending March 31, 2020 (FY20) driven by sales contribution from its three ongoing property projects.

After its extraordinary general meeting (EGM) yesterday, GSB executive chairman Datin Toh Siew Chuon told reporters that the group’s strategy is to continue focusing on residential property development. However, if there are opportunities to venture into other types of developments, GSB would explore them.

Toh is one of the group’s three major shareholders; the other two are her husband Datuk Tee Eng Ho, also Kerjaya Prospek Group Bhd chairman, and Eng Ho’s brother Tee Eng Seng, GSB executive director.

GSB’s three main ongoing projects — all asset injections from the main shareholders — are Bloomsvale, a mixed development in Jalan Puchong and Jalan Klang Lama, Kuala Lumpur; Straits Residence, a 30-storey serviced apartment and commercial tower in Seri Tanjung Pinang, Penang; and Kaleidoscope — four 25-storey condominium blocks in Setiawangsa, Kuala Lumpur — with a cumulative remaining gross development value (GDV) of RM1.74 billion.

Together with the group’s two other existing projects, the total GDV is RM2.1 billion. This, Toh said, will keep the group busy until 2024.

“We are very positive about all of our projects,” said Toh, but added that the property market remains challenging.

Toh declined to reveal GSB’s target sales for the year, saying “there is no proper guidance for now”. However, she disclosed the Bloomsvale project’s Tower A is 40% sold, and the Straits Residence and Kaleidoscope are 30% and 93% sold respectively.

Historically, the group has been recording some RM20 million in sales annually, excluding the assets injected.

GSB’s net loss, at RM1.81 million for FY14, rose thereafter to RM2.21 million for FY19. For the cumulative six months ended Sept 30, 2019, its net profit was RM1.35 million versus a net loss of RM2.22 million a year earlier. Its revenue was down 6% to RM24.23 million from RM25.87 million.

According to GSB’s circular to shareholders issued ahead of the EGM, the group’s total land bank is 220,749 sq m, of which only 30% is used.

Asked if the controlling shareholder, also Kerjaya Prospek’s major shareholder, would consider merging the two groups, Toh said they have no such plans for now.

“The intent is to have two separate distinct businesses whereby Kerjaya will continue to do construction only and GSB to focus on property development. We want to ensure no overlapping of strategies.”

Toh also said GSB had yet to declare any dividend payouts. “We are planning to use our funds to expand our core business first before announcing any plans for future dividend payouts. All shareholders, including us, like to have dividends, but we will only announce or declare dividend payouts after the company settles down.”

GSB’s share price closed 1.5 sen or 8.571% higher at 19 sen yesterday, valuing the group at RM104.96 million.

Posted by Samtuckfatt > 2019-12-29 10:24 | Report Abuse

Proposed Change of Company Name
GSB GROUP BERHAD

Proposed company name KERJAYA PROSPEK PROPERTY BERHAD


Remarks :
Reference is made to the announcement on 27 November 2019 in relation to the Proposed Change of Name of the Company.

The Board of Directors of the Company wishes to announce that the Company has on 27 December 2019 received the Notice of Registration of the change of name of the Company dated 26 December 2019 issued by the Companies Commission of Malaysia.

Accordingly, the name of the Company has been changed from "GSB GROUP BERHAD" to "KERJAYA PROSPEK PROPERTY BERHAD" with effect from 26 December 2019.

This announcement is dated 27 December 2019.

Announcement Info
Company Name GSB GROUP BERHAD
Stock Name GSB
Date Announced 27 Dec 2019
Category Proposed Change of Company Name
Reference Number C05-26122019-00001
Corporate Action ID MY191226CHAN0001

Posted by Kungchuiping Angela > 2019-12-29 16:32 | Report Abuse

base on kerjaya order book is looking good ,gsb should got project especially project at penang.now price is moving already ,i wait pull back.

Posted by paperplane > 2020-01-02 14:48 | Report Abuse

I like the Oldklangroad project, nearby my house. Puchong towards KL area, very prime location.

Posted by Samtuckfatt > 2020-01-03 16:50 | Report Abuse

Papaerplane, it's in good location & good pricing ? Because the take up rate for Tower A only 40% according to Mgmt.

Posted by paperplane > 2020-01-09 12:20 | Report Abuse

GSB集团1303万令吉 收购旧巴路地皮
08/01/2020
拿督郑荣和领导的GSB集团（GSB 7077）易名为KERJAYA产业後，企业动作频密，该公司宣布收购吉隆坡旧巴路和蒲种路交易处地皮，共值1303万令吉。

GSB集团今日股价收於18仙，仍属於仙股，针对这项收购，该公司向大马交易所报备说，这些地皮将为其位于旧巴生路的现有Bloomsvale综合发展项目提供辅助作用。

该公司补充说，此次收购将使其专注于产业发展的核心业务，并扩大和加强地库。

该公司指出，目前尚未确定土地的确切用途。

在任何无可预见的情况下，预计明年4月完成交易

Posted by paperplane > 2020-01-09 12:21 | Report Abuse

Old klang road no problem lah. Super good location

Posted by Samtuckfatt > 2020-01-12 11:12 | Report Abuse

Will kerjaya prospec acquisition of infrastruture co help Kerjaya prospect property ?

https://www.theedgemarkets.com/article/kerjaya-prospek%E7%9D%80%E7%9C%BC%E4%BA%8E%E5%B9%B6%E8%B4%AD-%E6%8B%9F%E6%B4%BE%E6%9B%B4%E9%AB%98%E8%82%A1%E6%81%AF

Posted by Diego2020 > 2020-01-13 18:11 | Report Abuse

what happen to this counter? over 900million share acquired

Posted by joyvest > 2020-01-14 11:28 | Report Abuse

what the hell is going on ?

Posted by joyvest > 2020-01-14 12:02 | Report Abuse

can i advise your something ?

Posted by joyvest > 2020-01-14 14:49 | Report Abuse

dont tarnish my good name with her

Posted by sklim > 2020-01-31 13:21 | Report Abuse

What happens ? I brough 0.18 now 0.8. If I sell now mean earn ?

Posted by Fong Kh > 2020-02-13 22:37 | Report Abuse

Meaning you lose 0.02

Posted by sohailar > 2020-02-16 12:09 | Report Abuse

0.18*5shares=0.90-0.80=0.10 u loss

Posted by paperplane > 2020-02-20 17:20 | Report Abuse

wait and see! low int to be lower, prop sale continue good. RM2 for me longterm

Posted by ckh823 > 2020-05-05 12:34 | Report Abuse

Get ready... Seem going to get award some projects soon

Posted by AllyAlly > 2020-05-29 15:28 | Report Abuse

Seems like engine warm out?

Posted by paperplane > 2020-06-04 08:37 | Report Abuse

property sector recover

Posted by AllyAlly > 2020-06-04 11:40 | Report Abuse

Kerjaya take over GSB at 85sen. Price still stay at 50sen. Obviously undervalue hidden gem. Kerjaya already injected 2.1 billions projects in GSB. Despite MCO period, but their projects take over rate quite impressive.

Posted by 2323 > 2020-06-26 19:04 | Report Abuse

这公司睡了这么久，我都忘了我有这家公司....qr 美美，是时候展现飞天了....

Posted by funny2331 > 2020-06-26 19:06 | Report Abuse

Great result. Accumulating this few months. Will be fruitful soon.

Posted by ayamSG > 2020-06-27 21:45 | Report Abuse

https://www.tradingview.com/chart/KPPROP/4B1BPA3H-KPPROP-Weekly-and-Montly-Major-Support-Zone-0-725-Soon/

Posted by paperplane > 2020-07-06 13:41 | Report Abuse

shhhhhhhhhhhhhhh,let it sleep ok.

Posted by paperplane > 2020-07-18 16:32 | Report Abuse

Wah, old klang road selling like hot cake. Saturday, Sunday full of cars
Crazy

Posted by VenFx > 2020-07-18 16:36 | Report Abuse

Hehe

Posted by funny2331 > 2020-08-07 11:27 | Report Abuse

Buckle up

Posted by crown88 > 2020-08-07 11:30 | Report Abuse

what happen

Posted by funny2331 > 2020-08-07 15:29 | Report Abuse

Sleeping beauty has awaken

Posted by AllyAlly > 2020-08-07 15:33 | Report Abuse

Kpprop worth at least RM1.80

Posted by crown88 > 2020-08-07 15:54 | Report Abuse

no volume one la.

Posted by funny2331 > 2020-08-07 16:02 | Report Abuse

Sure no volume, most of investor focusing their share on gold and glove stock.. but I’m accumulate quite many at 0.48-0.49. It definitely will go higher than current price

Posted by paperplane > 2020-08-10 09:08 | Report Abuse

wow, ally yee min, how you get that, same as mine....TP 1.80....
but my longterm is RM3 level ,just like how KERJAYA grow in longterm, give it 5yrs at least loh

Posted by goupgoup888 > 2020-08-10 12:16 | Report Abuse

possible to take private ?

Posted by paperplane2020 > 2020-08-10 13:49 | Report Abuse

ALLY beauty and smart. This stock confirm >100% if you have patient. OLDKLANG ROAD sold like HOT CAKES!!!

Posted by paperplane2020 > 2020-08-10 13:49 | Report Abuse

wont privatise lah, no Kerjaya boss style.

Posted by goupgoup888 > 2020-08-10 14:24 | Report Abuse

ok

Posted by Ally Yee Min > 2020-08-11 10:14 | Report Abuse

Kerjaya just take over GSB last year. Now you talk about privase? No way. Kerjaya take over GSB at cost above RM0.17 per share (before consolidated). At of now, the price still extremely undervalue.

Posted by funny2331 > 2020-08-11 17:40 | Report Abuse

Thanks kpprop! 40% gain

Posted by funny2331 > 2020-08-28 18:02 | Report Abuse

Financial result is out

Posted by Loh Ken Nei > 2020-08-28 18:48 | Report Abuse

good

Posted by goupgoup888 > 2020-10-20 10:58 | Report Abuse

oh no bearish movement ?

Posted by goupgoup888 > 2020-10-28 10:26 | Report Abuse

what happened ? can someone give your vies ??

Posted by Morpheus61 > 2020-10-28 10:26 | Report Abuse

https://imgur.com/4NvuO85

RM 13.5 BILLION !!! NOT ENOUGH for the IB's ???

Posted by funny2331 > 2021-01-26 16:45 | Report Abuse

Company purchase Rm30mil land at Mukim setapak.