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

flyby

76 posts

Posted by flyby > 2018-12-18 08:42 | Report Abuse

Market Capital (RM) : 161.45m

chery

6 posts

Posted by chery > 2018-12-19 08:57 | Report Abuse

Any idea when warrants will ne listed?

kslim42

5 posts

Posted by kslim42 > 2018-12-19 16:05 | Report Abuse

Mana Ayam tua ?

kslim42

5 posts

Posted by kslim42 > 2018-12-19 16:07 | Report Abuse

Ok

WY Chan

1,378 posts

Posted by WY Chan > 2018-12-19 22:08 | Report Abuse

knn

WY Chan

1,378 posts

Posted by WY Chan > 2018-12-25 16:52 | Report Abuse

ccb

maya1301

660 posts

Posted by maya1301 > 2018-12-27 13:32 | Report Abuse

Ready to fly
HeHeHe

WY Chan

1,378 posts

Posted by WY Chan > 2018-12-27 22:21 | Report Abuse

ready to fly to holland

WY Chan

1,378 posts

Posted by WY Chan > 2018-12-28 06:22 | Report Abuse

fly to holland

WY Chan

1,378 posts

Posted by WY Chan > 2018-12-30 22:24 | Report Abuse

going back to 5 sen... same like hubline

ikah2000

474 posts

Posted by ikah2000 > 2018-12-31 11:09 | Report Abuse

shit shit. go downward

Tim2812

279 posts

Posted by Tim2812 > 2019-01-23 17:59 | Report Abuse

So good or bad?

Posted by Awangtoklah > 2019-01-25 14:30 | Report Abuse

Seems good..wait for expert to comment

Depeche

4,451 posts

Posted by Depeche > 2019-02-01 23:52 | Report Abuse

QR will be out soon...will have a clue what to expect for future earnings.

WY Chan

1,378 posts

Posted by WY Chan > 2019-02-16 10:18 | Report Abuse

garbage

DreamCapturer

1,172 posts

Posted by DreamCapturer > 2019-02-19 03:43 | Report Abuse

Itu AyamTua sutah gaya lor. Gng gng gaw gaw gaya yuga lor. Tia pinya image pun sutah bikin massive overhaul also lor.

Depeche

4,451 posts

Posted by Depeche > 2019-02-26 18:18 | Report Abuse

Small profit..good start.

CrapTree

4,356 posts

Posted by CrapTree > 2019-03-06 11:27 | Report Abuse

sliding

kyosan

786 posts

Posted by kyosan > 2019-03-06 11:57 | Report Abuse

good

ikah2000

474 posts

Posted by ikah2000 > 2019-03-07 14:16 | Report Abuse

every cloud has silver lining, i dare to say, this,stock will be profitability

kyosan

786 posts

Posted by kyosan > 2019-03-07 17:51 | Report Abuse

already profit ikah2000 ...better take now..below 0.50...most shareholder cost price

Shinnzaii

3,114 posts

Posted by Shinnzaii > 2019-03-10 18:39 | Report Abuse

Is time to study abit about this company...hehe

paktua73

18,341 posts

Posted by paktua73 > 2019-03-26 09:09 | Report Abuse

kikiki gua ciakp pasti tuju langittt
kikiki

tut tut
ayam tua cakaplaaa
paktua xleh makan ayam tua

Leoleo

5,534 posts

Posted by Leoleo > 2019-03-26 10:31 | Report Abuse

Paktua ala sapu glotec ga.....

paktua73

18,341 posts

Posted by paktua73 > 2019-03-27 08:50 | Report Abuse

hehehhe alaa time jadi ayam tua group..
sikalang kaching kaching laaa

tut tut
ayam tua jantung tua but hati alaa muda..

Veron_teo

1,492 posts

Posted by Veron_teo > 2019-04-02 10:35 | Report Abuse

want to suspend how many times a year???? lol

pro777

5 posts

Posted by pro777 > 2019-04-02 11:25 | Report Abuse

any one know about SAUJANA E&P company that invest in NuEnergy?

Leoleo

5,534 posts

Posted by Leoleo > 2019-04-02 13:55 | Report Abuse

https://www.thesundaily.my/business/saujana-ep-to-buy-51-stake-in-globaltec-australian-unit-CJ748422


Upon completion of the proposed share placement, the group’s direct and effective interest in NuEnergy will be diluted from 64.7% and 51.7% to 31.7% and 25.4% respectively, GFB said in bursa Malaysia filing today.

This represents a dilution in direct and effective interest of 33.0% and 26.3% respectively, which represents a material dilution of the group’s equity interest in a principal subsidiary under Paragraph 8.21 of the Main Market Listing Requirements of Bursa Malaysia.

Upon completion of the proposed share placement, NuEnergy will no longer be treated as a subsidiary but will be considered as an associated company of the group.






Glotec is selling the compant to saujana. game over. what gas venture la

Leoleo

5,534 posts

Posted by Leoleo > 2019-04-02 14:04 | Report Abuse

is it a very excited development. the MD must be veli excited again and again .

Iswan

23 posts

Posted by Iswan > 2019-04-02 18:03 | Report Abuse

are this a good news?

flyby

76 posts

Posted by flyby > 2019-04-02 18:09 | Report Abuse

Smells like a private plan behind the curtain. Placement price too low. NGY price came down to satisfy low price. Been waiting for pod for so long, selling price would be much higher if waited for pod. How convenient for some. Decision makers decide for whose benefit? 80% directors for Saujana who holds 51% stake??? Why sell 51%, there would be investors who may be willing to buy at higher price for minority stake considering everything is in place except for the pod.

Surprise attack using shock tatics. RAT is presented as a warm and trustworthy furry creature by the board.

Still 25% of profit is very good considering the size of CBM reserves. Glotec is also doing well in the other fronts. Perhaps there may be some who may feel cheated by the smiling faces of the board of directors. The chairman has a nice smile and honest look.

flyby

76 posts

Posted by flyby > 2019-04-02 18:21 | Report Abuse

Socialize the risk (Glotec), privatize the profits (Saujana) may apply here, who knows, not me. However, I'm sure some do.

Leoleo

5,534 posts

Posted by Leoleo > 2019-04-03 20:24 | Report Abuse

R u joking ? Doing well wat biz ?

Still 25% of profit is very good considering the size of CBM reserves. Glotec is also doing well in the other fronts.

CrapTree

4,356 posts

Posted by CrapTree > 2019-04-16 17:11 | Report Abuse

nuenergy everday need capital injection.... money pit.... juz more is payout for Director feeeeeeee

ikah2000

474 posts

Posted by ikah2000 > 2019-04-29 08:39 | Report Abuse

lamanya perlu tunggu

Depeche

4,451 posts

Posted by Depeche > 2019-05-24 17:23 | Report Abuse

Well done...marginal increase in profit...it has proven that some companies who opt for reverse split are truly confident of their future performance....reverse split should not be dismissed as a bad move.

tkl88

8,712 posts

Posted by tkl88 > 2019-05-25 09:35 | Report Abuse

Anyone know previously Glotec price only 0.025
Now how come price is 0.44 ?
Is it from 0.025 direct spike up to 0.44 ?
=> 0.44 - 0.025 /0.025 * 100%
= 0.415/0.025 *100%
= +1660%
An increase of 1660% !!!

Posted by Johnsonlee > 2019-05-27 12:10 | Report Abuse

Glotec performance improve a lot. PE 18.72 and NTA 0.953. Worth buying now. Great job to the management.

劉尹光

490 posts

Posted by 劉尹光 > 2019-05-28 09:08 | Report Abuse

yeah! i see improvement in financial report as compare to corresponding period... Glotec claw back and alive soon..

ikah2000

474 posts

Posted by ikah2000 > 2019-05-29 07:15 | Report Abuse

performance improve, but still stock price no up

tkl88

8,712 posts

Posted by tkl88 > 2019-06-27 11:48 | Report Abuse

i see... no wonder la... thanks jm3525 !

WY Chan

1,378 posts

Posted by WY Chan > 2019-09-13 17:05 | Report Abuse

slowly n surely going back to 4sen

maya1301

660 posts

Posted by maya1301 > 2019-10-03 10:51 |

Post removed.Why?

Posted by Valueinvestor7 > 2019-10-03 10:52 | Report Abuse

why sudden surge?

maya1301

660 posts

Posted by maya1301 > 2019-10-03 10:56 | Report Abuse

Dont ask..just do it

ktsk88

5,284 posts

Posted by ktsk88 > 2019-10-03 11:01 | Report Abuse

from their last 4 qtrs the net profit is on the uptrend except the 4th one where there is impairment of assets written off resulting in losses for the 4th qtr.

Going forward, i foresee a net profit of 3mil per qtr or 12mil per annum.......just my opinion.

maya1301

660 posts

Posted by maya1301 > 2019-10-03 12:21 | Report Abuse

Yes you got it almost right.
Operator done collecting below 40sen. TP rm1 end of the month

Posted by Valueinvestor7 > 2019-10-04 11:24 | Report Abuse

going holland again

sell

2,456 posts

Posted by sell > 2019-10-09 16:42 | Report Abuse

Very high price for loss making ctr. Sell and wait 20 sen.

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