GOLDEN LAND BERHAD

KLSE (MYR): GLBHD (7382)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.28

Today's Change

-0.03 (9.68%)

Day's Change

0.28 - 0.28

Trading Volume

15,000


Be the first to like this.

435 comment(s). Last comment by Dehcomic01 2023-11-19 10:16

Peter Wang

132 posts

Posted by Peter Wang > 2016-11-22 09:37 | Report Abuse

Then still can buy? wonder why many ppl still Q

beige94

75 posts

Posted by beige94 > 2016-11-22 17:02 | Report Abuse

Where can we see the announcement that they made loss ? Can show the link . Thanks :)

limen12

640 posts

Posted by limen12 > 2016-11-23 00:47 | Report Abuse

I am interested in this stock, any advise whether to buy at current low price as the company just suffered a loss? Any fundamental based advise on the company and its background and future plans?

heaven123

1,900 posts

Posted by heaven123 > 2016-11-23 08:29 | Report Abuse

Buy for long term say maybe 5 years. Plantations bear fruits next one two year.

stainlyho37

2,275 posts

Posted by stainlyho37 > 2016-11-23 15:00 | Report Abuse

time to buy back...buying signal coming in....

Posted by riskabsorber > 2016-11-24 10:31 | Report Abuse

After analyse through the latest quarterly report. Few things to highlight on the fundamental of this company.
1) Savings from finance cost which amounting to RM1.5mil X 4qtr = RM6mil,
2) Cash in hand around RM104mil or 46.5 sen per share,
3) Trade and other receivables are amount due from discontinued entities and to be received from FGV amounting to RM 95.7mil or 43 sen per share,
4) Balance of other receivables which is prepayment to acquire brown/green field land bank.

beige94

75 posts

Posted by beige94 > 2016-11-30 10:33 | Report Abuse

Another drop ? What's going on ?

Ukra

103 posts

Posted by Ukra > 2016-12-03 10:33 | Report Abuse

NO capital..... worth buy at 0.57 when its drop last week..

Markus S

103 posts

Posted by Markus S > 2016-12-09 13:59 | Report Abuse

Directors get huge increase of salary compare to last year 2015. Why not throw some breadcrumbs (small dividend) to shareholders?
Seems like they have been working harder than before ; even after selling so many subsidiary companies. Yeah, next year increase your own salary to another additional million.


Page 89 of Annual Report 2016
13. Directors’ remuneration

The number of directors of the Company whose total remuneration during the year fell within the following
bands is analysed below:

Number of directors
2016
Executive directors:

RM600,001 - RM650,000 1 -

RM2,450,001 - RM2,500,000 1 -

limen12

640 posts

Posted by limen12 > 2016-12-13 17:12 | Report Abuse

I still see this counter as a good buy based on the strong cash, low PE, future potential is good, from the fact that they have land in indonesia and entering the property business. Any more update guys? please share thanks

Posted by riskabsorber > 2016-12-15 09:32 | Report Abuse

Latest announcement regarding the term loan of RM300mil to acquire the plantation land in Indonesia.

Posted by riskabsorber > 2016-12-27 16:40 | Report Abuse

Heard from the sales team, all corner units were booked and sold. Price range within RM 1.3 mil - RM 1.8 mil.

beige94

75 posts

Posted by beige94 > 2016-12-28 09:12 | Report Abuse

Hopefully the sales team not just putting on a rosy picture for investors . Thanks for sharing riskabsorber

probability

14,496 posts

Posted by probability > 2017-01-06 19:05 | Report Abuse

i am moving away from Steel, Tin stocks, O&G and focusing on plantation now... why?

(1) the world population will continuously expand and demand for this cheapest cooking oil will always be there...the palm oil smear campaign had lost its arguments and people are realizing its even better oil than soybean oil...the price will soon be comparable to soybean's price.

(2) the land that had been relentless cleared in east malaysia and indonesia had come to a saturation point for planting further palm trees...meaning supply source is slowly becoming limited.

(3) you cannot find cheap land anymore....if you want to buy land for personal plantation purpose..i bet cannot find it cheaper than RM70K per hectare...look at thee price these companies are selling.

(4) O&G has huge upper limit on the price of Crude Oil (due to shale oil) just like palm oil has lower limit on its price due to biodiesel..

(5) Unlike all these steel companies, where they are dependent on raw material price, tariffs and selling prices...plantation's only major costs is free...the sunlight & natural minerals found from the soil and decomposing organic material of dead trees...
Its like your costs are almost free..

even the laborers are being helped by machines which can harvest fruits from the trees...its just a matter of time - cheap robots will be introduced to harvest the fruits - they will work day and night for free with the fuel provided by Biodiesel from palm oil itself. If Japanese were ruling malaysia...this robots would have been here by now.


very soon one will never be able to afford to buy any land for their own..

PLANTATIONS IS THE ULTIMATE INVESTMENT for MALAYSIANS.. never lose your market share on this land bank. Price will only go up from now.....no returning back.

And please never ever ever sell it.

beige94

75 posts

Posted by beige94 > 2017-01-27 23:12 | Report Abuse

Any news for CNY?

beige94

75 posts

Posted by beige94 > 2017-02-02 10:33 | Report Abuse

When will GLBHD release their quarterly earnings ?

Posted by riskabsorber > 2017-02-07 08:17 | Report Abuse

They need to release their quarterly earning by end of February. Hopefully the management declare another 2 sen dividend.

steveooikp

4,689 posts

Posted by steveooikp > 2017-02-08 14:55 | Report Abuse

this company earning inconsistent...
can I have the financial status?

cash on hand
liabilities
asset
??
look to me the NTA quite high?

Posted by riskabsorber > 2017-02-10 11:26 | Report Abuse

Steveooikp,

Based on the quarterly result, they have sold their plantation land to FGV for RM655mil, balance purchase consideration to be collected is RM95.7 mil.
Current cash in hand as at Sep 16 is RM104.4 mil, if collected the amount from FGV is RM95.7 mil + RM104.4mil = RM 200.1 mil or 89sen cash per share
Total Liabilities RM30mil
Assets in hand including land in Batu Kawan 20acres+, land in Indonesia x hectares.

Property development project with KK Mayor.

steveooikp

4,689 posts

Posted by steveooikp > 2017-02-14 10:43 | Report Abuse

cash no use.... if not distribute to ppl like us.
why now only 63.5 ?

beige94

75 posts

Posted by beige94 > 2017-02-14 12:46 | Report Abuse

Risk absorber , so any news on the sales of property of the project doing ?

steveooikp

4,689 posts

Posted by steveooikp > 2017-02-14 15:40 | Report Abuse

why the revenue is so little per quarter...?
Only 2 millions per quarter?
Funny....

Posted by riskabsorber > 2017-02-15 10:38 | Report Abuse

They had sold their local plantation segment to FGV. Current operation left - Property segment at Sandakan, Indonesia plantation which newly planted since 2013. Once Indonesia plantation segment can be capitalized for biological assets. Then should be able to catch up.

Posted by riskabsorber > 2017-02-16 12:02 | Report Abuse

The management is targeting to launch an industrial property development at northern Peninsular Malaysia with an estimated gross development value of RM130 million in 2017.
The property is strategically located at proximity to the new gateway to Penang, the second link. Despite the generally soft property market at the moment, the management is poised to launch the project.
For plantation division, the Group has planted 2,788 and 50 hectare in Indonesia and Malaysia respectively. The Group will continue to expand its oil palm planted area at Kalimantan Timur and Selatan, Indonesia with a planting target of 10,000 hectares within the next 3 years.
With the CPO prices trending upward due to recently erratic weather pattern, increasing demand from biodiesel initiatives and growing world population the management deemed that the long term prospect for plantation business are promising

limen12

640 posts

Posted by limen12 > 2017-02-16 16:08 | Report Abuse

That's good. Hope the reporting quarter will show good results already.

CWallUK

12 posts

Posted by CWallUK > 2017-02-20 04:26 | Report Abuse

What could this share go to in 3-4 years, once the Indonesian plantations start bearing fruit ? Also any idea what the dividend could be by then. This share could be a very good long term investment.

Posted by riskabsorber > 2017-02-20 09:02 | Report Abuse

CWallUK, from the past history, GL was generous in giving out dividend every 6mths. If the plantation in Indonesia starts to generate good profit. I believe the management will follow back the previous practice to reward the shareholders.

limen12

640 posts

Posted by limen12 > 2017-02-20 15:03 | Report Abuse

This stock is under-analyzed, hence the undervaluation of its business. But its ROE is not consistent as well. For now, its looks good to hold for next few years, then need to analyze again

CWallUK

12 posts

Posted by CWallUK > 2017-02-21 03:35 | Report Abuse

Many thanks to riskabsorber and limen12 for their information, I may buy this share and put in my bottom drawer for a few years. i have recently bought TH plantations and Sarawak Plantation.

limen12

640 posts

Posted by limen12 > 2017-03-20 18:19 | Report Abuse

any update on glbhd ? thanks for sharing

beige94

75 posts

Posted by beige94 > 2017-03-31 16:34 | Report Abuse

Looking the financial statement, really good things are coming to this counter. Does anyone else have recent activities of the company to share?

cl1122

169 posts

Posted by cl1122 > 2017-05-05 17:05 | Report Abuse

Coming

cl1122

169 posts

Posted by cl1122 > 2017-05-06 21:35 | Report Abuse

i think good qr coming

Posted by thienthien > 2017-05-18 22:45 | Report Abuse

any news on GL

newbie5354

555 posts

Posted by newbie5354 > 2017-05-18 22:51 | Report Abuse

Why QR last 3 qtrs in red? When can make money again?
https://klse.i3investor.com/servlets/stk/fin/7382.jsp

limen12

640 posts

Posted by limen12 > 2017-05-23 10:14 | Report Abuse

Because they just pivoted from doing plantation to property development, need time for their remaining palm oil to mature, and revenue from property sales to materialize in their income statement.

Posted by Nordin Farid MA > 2017-05-31 12:22 | Report Abuse

Hye everyone,
Is GLBHD now penny stock? I just new with stock exchange.

limen12

640 posts

Posted by limen12 > 2017-05-31 16:23 | Report Abuse

riskabsorber have any view on GLBHD and its recent quarter?

ooicy

79 posts

Posted by ooicy > 2017-06-05 12:16 | Report Abuse

other plantation stocks r making money..but this one is losing money due to poor management..better sell off all the plantation lands n distribute money to all shareholders..n no dividends declared also..

limen12

640 posts

Posted by limen12 > 2017-06-06 14:27 | Report Abuse

give them a little more time to pivot the business, if by year end or so not recovering means management is too complacent.

Jacky Loh

35 posts

Posted by Jacky Loh > 2017-06-15 21:38 | Report Abuse

是时候买入了

asdf

366 posts

Posted by asdf > 2017-06-16 10:42 | Report Abuse

Looking at the ratios share price will return to 0.58 to 0.60

asdf

366 posts

Posted by asdf > 2017-06-30 12:52 | Report Abuse

New base line is 0.615

markus

56 posts

Posted by markus > 2017-07-14 12:03 | Report Abuse

May I know where I can find the info on annual report stating the land bank they have in penang is near the 2nd bridge (Batu kawan) . Thanks

TheContrarian

9,482 posts

Posted by TheContrarian > 2017-08-25 19:36 | Report Abuse

Fantastic results, revenue ZERO but made profits and declare 1 sen dividend.

asdf

366 posts

Posted by asdf > 2017-08-25 22:07 | Report Abuse

Goyang kaki also can make money

limen12

640 posts

Posted by limen12 > 2017-10-05 10:25 | Report Abuse

Disposal gain of 10mil. That's already close to 10% of market cap. Time to buy more

asdf

366 posts

Posted by asdf > 2017-10-21 09:06 | Report Abuse

Golden Gateway


golden-gateway-aerial

Golden Gateway, an upcoming SME Industrial Park located on a 20.5 acre land at the southeast part of Batu Kawan. Strategically located off Jalan Perusahaan Valdor, just a mere minutes drive to Batu Kawan Industrial Park. It is only 5 minutes away from Penang Second Bridge.

This freehold development comprises a mix of light and medium industrial units, with built-up area ranging from 5,500 sq.ft. onwards.

Project Name : Golden Gateway
Location : Batu Kawan
Property Type : Light & Medium Industrial factory
Built-up Size: 5,500 sq.ft. onwards
Total Units:: 54
Tenure : Freehold
Developer : Golden Land Berhad

Post a Comment
Market Buzz