GLOBALTEC FORMATION BERHAD

KLSE (MYR): GLOTEC (5220)

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

Last Price

0.47

Today's Change

-0.02 (4.08%)

Day's Change

0.47 - 0.475

Trading Volume

90,800


27 people like this.

32,820 comment(s). Last comment by stan5617 2022-12-24 00:32

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-01-29 09:10 | Report Abuse

Indonesia join OPEC again ... Indonesia will be an Oil n Gas exporting country very soon ... Glotec will produce a lot of Oil n Gas soon ... be patience ... cheers ...

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2018-01-29 09:12 | Report Abuse

wow, indonesia join OPEC!!!!! cantik ar?
tengok pasaran hari ini, manyak kaki bosar dah pi cuti cuti. tak hangat pasaran hari ini

FiveStar

208 posts

Posted by FiveStar > 2018-01-29 09:22 | Report Abuse

We are looking at crude oil to touch $70 by next week. All oil n gas stocks will shine again!

FiveStar

208 posts

Posted by FiveStar > 2018-01-29 09:25 | Report Abuse

Buy and HOLD

Posted by goInvest (Cut or Hold???) > 2018-01-29 10:15 | Report Abuse

Hi Laulau, would like to ask ....
1. who are you?
2. What do you think Glotec? Is this fry stock / trap stock or really can for investing? Why?
3. What is the cost price Glotec worth?

traderman

7,854 posts

Posted by traderman > 2018-01-29 10:36 | Report Abuse

FiveStar We are looking at crude oil to touch $70 by next week. All oil n gas stocks will shine again!
-------------------
without the approval oil go 100 glotec also wont break 0.06

AndyKoon

11 posts

Posted by AndyKoon > 2018-01-29 13:26 | Report Abuse

Why the price still the same , no bullet to move. New announcement, also the same

shuhai96

11 posts

Posted by shuhai96 > 2018-01-29 14:50 | Report Abuse

Glotec is coming soon...but what is the TP for this counter? Suitable for long term or mid-term?

traderman

7,854 posts

Posted by traderman > 2018-01-29 14:53 | Report Abuse

0.055 become sell q again haha
already said without final approval glotec is not going to move far. wait few more months lar

traderman

7,854 posts

Posted by traderman > 2018-01-29 15:37 | Report Abuse

lau lau still same, no show till final approval acquired. not worth to buy and stuck your capital now

Posted by goInvest (Cut or Hold???) > 2018-01-29 16:24 | Report Abuse

What going on??? Can share?

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2018-01-29 16:32 | Report Abuse

trapped?????????

Yu_and_Mee

3,455 posts

Posted by Yu_and_Mee > 2018-01-29 16:33 | Report Abuse

not buy and hold now, it's buy and keep in hotel

Ring

6,522 posts

kirawang

240 posts

Posted by kirawang > 2018-01-30 16:34 | Report Abuse

many waiting for glotec tuju langit kikikikih

陈奕均

29 posts

Posted by 陈奕均 > 2018-01-30 17:46 | Report Abuse

OTHERS GLOBALTEC FORMATION BERHAD ("GFB" OR "THE COMPANY") DE-REGISTRATION OF TWO SUBSIDIARIES (STRIKE-OFF)

good news or bad news??

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-01-31 03:03 | Report Abuse

Selling all companys to cronies too with cheap price.

Only left fart gas in indo.

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-01 06:46 | Report Abuse

Prepare pod plan for submission since 2016 nov dec.

Prepare till now nothing to submit yet. ? 2018 feb now.

traderman

7,854 posts

Posted by traderman > 2018-02-01 17:04 | Report Abuse

no show until final approval acquired.

traderman

7,854 posts

Posted by traderman > 2018-02-01 19:02 | Report Abuse

still, will back to square if Indonesia government doesn't approve it.

traderman

7,854 posts

Posted by traderman > 2018-02-01 19:03 | Report Abuse

risk is still there

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-01 20:12 | Report Abuse

No need see plan of action. Chilaka nov 2016 said pod preparation. Now still pod preparation.

Prepare till when ?

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-01 20:17 | Report Abuse

So when want to submit pod ? When can get approval ? After submit wait how long to get approval ?.

Why took u 1 year n 3 month still didn't manage to submit pod ?.

Posted by Mohd Fahmi Bin Jaes > 2018-02-02 08:53 | Report Abuse

5220 GLOTEC, GLOBALTEC FORMATION BERHAD \ - \ + \
GLOTEC - Trading Halt and Resumption of Trading
2 Feb 2018, 08:50
GLOTEC - Trading Halt and Resumption of Trading
GLOTEC - Trading Halt and Resumption of Trading
ILC-02022018-00001
Kindly be advised that trading in the above Company's shares will be halted
with effect from 9.00 a.m., Friday, 2 February 2018. Trading in the shares will
resume with effect from 10.00 a.m., Friday, 2 February 2018. Your attention is
drawn to the Company's announcement dated 2 February 2018.
AVP, Issuers
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-02 09:23 | Report Abuse

aiyo chief fahmi pun datang sini ka ...good morning chief fahmi .

kikikik

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-02 09:24 | Report Abuse

again Glotec had misused the trading suspend right .......toilet sumbat need to suspend trading or not ?

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-02 09:53 | Report Abuse

Glotec is hiding someting from us .. now only work on POD preparation .
need 6 more month.

And on Nov Dec 2016 it said will working on POD preparation on 2017 .



In the previous quarter, NuEnergy received approval from the Indonesian Special Task Force for Upstream Oil and Gas Business Activities (commonly referred to as SKK Migas) to prepare the initial Plan of Development for the Tanjung Enim PSC and has formally commenced preparation for the POD. The POD preparation will take approximately 6 months to complete and during the preparation process, NuEnergy will work closely with SKK Migas to facilitate the submission of the POD proposal to the Indonesia Ministry of Energy and Mineral Resources through the Head of SKK Migas.

CrapTree

4,356 posts

Posted by CrapTree > 2018-02-02 11:30 | Report Abuse

wow.... with all the good announcement....

but the share price does not reflect it......

knn counter....

stan5617

48 posts

Posted by stan5617 > 2018-02-02 14:39 | Report Abuse

ccb glotec..ts goh

stan5617

48 posts

Posted by stan5617 > 2018-02-02 14:42 | Report Abuse

lj bornoil pun sama

WY Chan

1,378 posts

Posted by WY Chan > 2018-02-03 20:05 | Report Abuse

niama

Posted by Goodchoice > 2018-02-03 20:59 | Report Abuse

Be patient

prc4wifefe

3,564 posts

Posted by prc4wifefe > 2018-02-04 15:39 | Report Abuse

folks...go utube and look for glotec...see how directors answer interview...then u know why this stock so laggard

traderman

7,854 posts

Posted by traderman > 2018-02-04 17:56 | Report Abuse

to 1

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-02-06 09:50 | Report Abuse

Glotec at 0.050/0.055 is a good entry price ... cheers ...

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-06 10:56 | Report Abuse

good boy sumatec 0065 is good entry point too kikikikki

ikah

422 posts

Posted by ikah > 2018-02-06 11:10 | Report Abuse

eah also another great low entry price...

RedEagle

3,194 posts

Posted by RedEagle > 2018-02-06 23:06 | Report Abuse

Uncle Dow Jones rebound..panic buy tomorrow..

traderman

7,854 posts

Posted by traderman > 2018-02-07 10:48 | Report Abuse

laulau without final. Indonesian government approval glotec won't pass 0.6. i rather wait and buy at 0.065 once the time come

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-07 13:30 | Report Abuse

lau lau all glotec biz is losing money all this 5 to 6 years .

you might want to ask wtf management is doing hehehe ...

kirawang

240 posts

Posted by kirawang > 2018-02-07 15:59 | Report Abuse

laulau you said QoQ Performance has improved by 96.85%, Revenue has increased to RM48,829,000 million. Revenue from where? Coal, car parts?

kirawang

240 posts

Posted by kirawang > 2018-02-07 16:40 | Report Abuse

Thanks. Anyway revenue on average decreasing and PBT -ve. Hopefully they can start making money.

xyxy8

148 posts

Posted by xyxy8 > 2018-02-07 23:31 | Report Abuse

laulau you show links to bursamalaysia that reveal negative profit negative everything of glotec. How are investors supposed to have great faith in this company and its directors? So impossible!

maya1301

660 posts

Posted by maya1301 > 2018-02-08 06:56 | Report Abuse

laulau..dont try so hard plsss..too obvious u are trapped at high price..
later 0.04 waiting u to selll

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-08 21:37 | Report Abuse

Glotec all biz pk red all this while la. Check bak history nia ma. Car part biz since long long time ago lor..

All biz no make money got it ?

Now got to see how cbm gas only.

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-08 21:38 | Report Abuse

Nia ma plomoter promote glotec wrong biz.
Pls focus to promote cbm gas.

Dunno 2020 can sell gas or not.

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-08 21:56 | Report Abuse

Selling car part . Selling electronic chip. Selling palm oil.
4 . 5 years keep losing money wor.

U see how genius the management. Diu u sell car part . First year lose money . Second year u still sell ?

Very simple ma . Uncle selling chicken rice every month can lose money wor. Keep doing it for 5 year wor.

5 year selling chicken rice still lose money. Question wtf why uncle still selling chicken rice while he cant make money in this 5 years.

Hehe

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-08 23:39 | Report Abuse

I see yr past n i can predict where u end up with.

Unless u r doing new things.

Cbm may be bring in profit n Catalyst.

But not the pk glotec old biz. They eat all the money.

xyxy8

148 posts

Posted by xyxy8 > 2018-02-08 23:40 | Report Abuse

laulau..... Glotec is currently parts supplier for the current Proton Exora and should be supplying auto components to Geely & Volvo and also the next best seller...Proton Boyue SUV launching in 2018..."

Glotec is a dumb-bell even when doing its core business- selling
gas, how is glotec going to be successful making car components? The company has to import new machinery and train workers. All this will only make the company bottom line very red. Investors will not be able to make money for a very long time....sigh!

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-02-09 08:56 | Report Abuse

Stay cool in Glotec ... Tsunami outside ... cheers ...

Post a Comment
Market Buzz