GLOBALTEC FORMATION BERHAD

KLSE (MYR): GLOTEC (5220)

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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

peterchu

582 posts

Posted by peterchu > 2018-02-09 09:18 | Report Abuse

drop 9% still consider cool ? you know the calculation or not ? hibiscus dropping 4.5 cent but is only 5%

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-02-09 16:57 | Report Abuse

Aiyo ... My math no good lar ... Glotec still very steady at 0.055 no drop lar ... Hibiscus dropped 4.5cent 5% lar ... hahaha ... cheers ...

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-10 07:47 | Report Abuse

Stop promoting glotec old bizs pls. Do your due deligence study on glotec before promote it. If it not will laugh die those current retailer shareholder. We r here because cbm gas biz.

Half past 6 come promote glotec . Aug 2014

Glotec had announced to ventured into cbm gas
By acquiring 50 percent of nuEnergy.

2016 dec nov already done drilling testing wells.
Said will focus on POD preparation on 2017.

I wonder what they did on 2017. Now after received resources certificate . Still say need 3 month to prepare pod plan to submit for approval.

Diu nia sing.

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-10 07:51 | Report Abuse

Every announcement will say very excited . Very good achievement. Diu wait u can sell gas only say u r excited la. Niama.

xyxy8

148 posts

Posted by xyxy8 > 2018-02-11 14:59 | Report Abuse

Jasontan1177, you are right, We r here because cbm gas biz. Glotec directors should stick to gas biz.
Making car parts is risky biz. Car designs change so fast, now use gas, tomorrow us battery, next day use solar. Glotec keep losing with every change. Glotec share price fell from 12 sen to 5 sen already, do you know?

peterchu

582 posts

Posted by peterchu > 2018-02-12 09:21 | Report Abuse

5 cent buy queue decrease so much ... alert ...

maya1301

660 posts

Posted by maya1301 > 2018-02-12 13:27 | Report Abuse

BUY!!! BUY!!! BUY!!!
0.04 or 0.035?

king36

1,022 posts

Posted by king36 > 2018-02-12 13:29 | Report Abuse

Wah, so desperate kah?
This stk bring u to holland.

nekosan

3,637 posts

Posted by nekosan > 2018-02-13 09:50 | Report Abuse

no more promotion ? lol

ktsk88

5,284 posts

Posted by ktsk88 > 2018-02-13 13:47 | Report Abuse

do not expected the current results to be in the green since the POD will only starts in March the latest.........so the next quarter will be more appropriate for a better result.

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-02-15 14:40 | Report Abuse

Wishing everyone Happy Chinese New Year ... cheers ...

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2018-02-16 12:21 | Report Abuse

Not tired of hoping,meh.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2018-02-16 12:28 | Report Abuse

Happy n joyful reunion for all Chinese families.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2018-02-18 14:30 | Report Abuse

Never bothered to count my losses or gain for any counters

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2018-02-18 14:32 | Report Abuse

Be happy with life n money is not everything but it is important for comfortable life.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2018-02-18 14:35 | Report Abuse

Just enjoy what you have n spare some with the less fortunate ones.

mymymybook

174 posts

Posted by mymymybook > 2018-02-20 16:10 | Report Abuse

Buy Anzo. It is likely to surge after the next QR announcement. Read a recent good article on Anzo. Its stock price is near a multi year low.

kirawang

240 posts

Posted by kirawang > 2018-02-20 16:23 | Report Abuse

they've started the solar project >200 acres....buy now!

CrapTree

4,356 posts

Posted by CrapTree > 2018-02-21 18:25 | Report Abuse

GLOTEC SOLAR FARM??? sure boh

CrapTree

4,356 posts

Posted by CrapTree > 2018-02-21 18:40 | Report Abuse

no announcement.....

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-23 08:57 | Report Abuse

kikiki the entire glotec management eat shit one la...let see nuenergy can help glotec rally or not la

long_chl

20 posts

Posted by long_chl > 2018-02-23 14:59 | Report Abuse

when is the quarterly report going to publish?

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2018-02-24 17:49 | Report Abuse

They are buying out time to cultivate the gas in these mines so wait until it is mature for commercial profits.

traderman

7,854 posts

Posted by traderman > 2018-02-27 17:10 | Report Abuse

4 cent coming

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-27 17:38 | Report Abuse

59m revenue . Can loss 39 m one .

Hehe wat genius . Eat kaw kaw the money.

Selling chicken rice sell 1 plate for 5.9 rm

Can rugi 3.9 rm wor....wakakaka. the most pk management in bursa...

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-02-27 17:40 | Report Abuse

Luckiky i paired down my holding to buy other moving stock...cut down to 20 percent of my total holding recently....

Can buy back later

steward

1,084 posts

Posted by steward > 2018-02-28 10:33 | Report Abuse

All d money already use for cbm gas biz ma

GoodBoy

6,594 posts

Posted by GoodBoy > 2018-02-28 11:00 | Report Abuse

Glotec will be making very good money soon ... More than $200 billion of investment in liquefied natural gas is needed to meet a boom in demand by 2030, Royal Dutch Shell, the world’s top LNG trader said ...The LNG market is set to continue its rapid expansion into 2020 as facilities approved for construction in the first half of the decade come on line, in a development expected easily to meet sharp growth in consumption of the super-chilled fuel.

But a decline in spending in the sector since 2014 as a result of weaker energy prices will create a supply gap from the mid-2020s unless new investments emerge, Shell said in its 2018 LNG Outlook.

LNG plants are complex and expensive, requiring large processing units, known as trains, that cool natural gas to around minus 160 degrees Celsius (minus 260 Fahrenheit). The liquefied fuel is then shipped to demand centers and converted back into gas.

While LNG demand is expected to grow from 293 million tonnes per year (mtpa) in 2017 to around 500 mtpa by 2030, supplies are seen slipping to 300 mtpa due to a lack of new projects and natural declines in existing production, Shell’s head of integrated gas and new energies, Maarten Wetselaar, said.

The cost of developing the required capacity is roughly $1 billion per mtpa, Wetselaar said. That does not include investments in the development of the gas fields associated with LNG plants, he told reporters.

“The industry is still looking at quite a challenge to build supplies to meet demand in the 2020s,” he said.

Shell is considering moving ahead on new projects such as LNG Canada and Lake Charles on the U.S. Gulf Coast, Wetselaar said. The Anglo-Dutch company is expected this year to launch the Prelude floating LNG plant in Western Australia, one of the largest and most complex gas projects in history.

“Our investment cycle is coming to an end with Prelude coming on stream this year. We will have the space to take investment decisions, (but) it doesn’t necessarily mean we will spend the money.”

Competition is fierce as projects have to face off against the lowest-cost gas hubs such as North America, where the shale boom has led to abundant and cheap supplies, as well as Qatar, Russia and East Africa.

“In order to take a final investment decision on a project of this size you want to make sure it is as low-cost as it can be because the cost of an LNG project ... is going to stick with you for 30, 40 years,” Wetselaar said.

In its annual report - a legacy from BG Group, which the company acquired in 2016 - Shell forecast global demand for gas to grow by an average 2 percent per year until 2035. That would make gas the fastest-growing source of energy over the period.

LNG demand is set to grow twice as fast as gas power plants in China, South Korea and India switch from coal and governments move to reduce carbon emissions, Shell said.

Fam Jenny

7,724 posts

Posted by Fam Jenny > 2018-02-28 19:08 | Report Abuse

Probably this kind of industry will be allowed in the paradise earth where it will not pollute the air n we need fuel for our cars n other vehicles.Probably we will use vehicles for multiple purposes for the roads,air and water at one go.

Posted by Hasbullah Mazlan > 2018-02-28 21:04 | Report Abuse

no panic sell today, buyrate is damn high
can't collect more

maya1301

660 posts

Posted by maya1301 > 2018-02-28 21:18 |

Post removed.Why?

jasontan1177

1,768 posts

Posted by jasontan1177 > 2018-03-04 20:31 | Report Abuse

Almost 3 months from the date it received resources certificate from Indonesia government.

Chilaka why take so long to submit pod plan ?

Work on it since 2016 dec.

CrapTree

4,356 posts

Posted by CrapTree > 2018-03-05 09:54 | Report Abuse

wakakakaka.....

CrapTree

4,356 posts

Posted by CrapTree > 2018-03-05 09:54 | Report Abuse

wakakakaka.....

kirawang

240 posts

Posted by kirawang > 2018-03-08 14:44 | Report Abuse

whatever the weather glotec stands @ 0.05c kikikikih

kirawang

240 posts

Posted by kirawang > 2018-03-08 14:53 | Report Abuse

mana itu laulau? sudah lali kaa? kikikikih

Posted by AhmedBoubiHezbollah > 2018-03-09 12:05 | Report Abuse

Goreng lenyap minum cincau lincau pencen pon lenyap gulung tikar kot

Posted by Feizal Mazlan > 2018-03-09 18:01 | Report Abuse

Goes back to square one. OTW to 5 cent

WY Chan

1,378 posts

Posted by WY Chan > 2018-03-10 18:28 | Report Abuse

the best counter

ikah

422 posts

Posted by ikah > 2018-03-12 14:40 | Report Abuse

goood,

hohoho

74 posts

Posted by hohoho > 2018-03-12 19:54 | Report Abuse

really a shit company !!!!!

Posted by Feizal Mazlan > 2018-03-13 17:17 | Report Abuse

Trend more towards south ......

Posted by Newcomerfundamental > 2018-03-14 14:52 | Report Abuse

Where's Lau lau?

CrapTree

4,356 posts

Posted by CrapTree > 2018-03-14 16:51 | Report Abuse

kikikiki.... wer is laulau sai..... wakakakaka

Posted by Feizal Mazlan > 2018-03-14 17:11 | Report Abuse

look like would goin down somemore..

peterchu

582 posts

Posted by peterchu > 2018-03-15 17:14 | Report Abuse

accumulate till 4 cent ...

hohoho

74 posts

Posted by hohoho > 2018-03-15 20:19 | Report Abuse

Glotec will go down furthermore

Posted by Feizal Mazlan > 2018-03-19 10:16 | Report Abuse

Otw down more one.....

Posted by goInvest (Cut or Hold???) > 2018-03-19 14:50 | Report Abuse

Why it goes back to 4.5c again? Not going to submit proposal on March and not going to start rise? What happen again? Why goes back 4.5c again?

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