KLSE (MYR): GLOMAC (5020)
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Last Price
0.39
Today's Change
0.00 (0.00%)
Day's Change
0.39 - 0.39
Trading Volume
20,100
Market Cap
298 Million
NOSH
765 Million
Latest Quarter
31-Oct-2024 [#2]
Announcement Date
27-Nov-2024
Next Quarter
31-Jan-2025
Est. Ann. Date
26-Mar-2025
Est. Ann. Due Date
01-Apr-2025
QoQ | YoY
-45.30% | 724.02%
Revenue | NP to SH
280,517.000 | 30,303.000
RPS | P/RPS
36.65 Cent | 1.06
EPS | P/E | EY
3.96 Cent | 9.85 | 10.15%
DPS | DY | Payout %
2.25 Cent | 5.77% | 56.92%
NAPS | P/NAPS
1.57 | 0.25
QoQ | YoY
13.05% | 60.42%
NP Margin | ROE
10.40% | 2.52%
F.Y. | Ann. Date
31-Oct-2024 | 27-Nov-2024
Latest Audited Result
30-Apr-2024
Announcement Date
30-Aug-2024
Next Audited Result
30-Apr-2025
Est. Ann. Date
30-Aug-2025
Est. Ann. Due Date
27-Oct-2025
Revenue | NP to SH
266,732.000 | 23,594.000
RPS | P/RPS
34.85 Cent | 1.12
EPS | P/E | EY
3.08 Cent | 12.65 | 7.90%
DPS | DY | Payout %
1.25 Cent | 3.21% | 40.66%
NAPS | P/NAPS
1.57 | 0.25
YoY
-24.7%
NP Margin | ROE
8.42% | 1.96%
F.Y. | Ann. Date
30-Apr-2024 | 13-Jun-2024
Revenue | NP to SH
259,386.000 | 22,512.000
RPS | P/RPS
33.89 Cent | 1.15
EPS | P/E | EY
2.94 Cent | 13.26 | 7.54%
DPS | DY | Payout %
-
NAPS | P/NAPS
-
QoQ | YoY
-22.65% | 147.55%
NP Margin | ROE
8.62% | 1.87%
F.Y. | Ann. Date
31-Oct-2024 | 27-Nov-2024
Date | Financial Result | Financial Ratio | Per Share Item | Performance | Valuation (End of Quarter) | Valuation (Ann. Date) | |||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
F.Y. | Ann. Date | Quarter | # | Revenue | PBT | NP | NP to SH | Div | Net Worth | Div Payout % | NP Margin | ROE | NOSH | RPS | Adj. RPS | EPS | Adj. EPS | DPS | Adj. DPS | NAPS | Adj. NAPS | QoQ | YoY | EOQ Date | EOQ Price | EOQ P/RPS | EOQ P/EPS | EOQ P/NAPS | EOQ EY | EOQ DY | ANN Date | ANN Price | ANN P/RPS | ANN P/EPS | ANN P/NAPS | ANN EY | ANN DY |
PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.
NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.
Div Payout %, NP Margin, ROE, DY, QoQ ⃤ & YoY ⃤ figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.
All figures in '000 unless specified.
Is Glomac a value trap? The earnings of property developers have been declining over the past few years. This was due to several measures by the government to reduce property speculation. Covid-19 aggravated the situation. The performance of Glomac was similarly affected.
But Glomac has a profitable track record and is financially sound. I expect the business performance of Glomac in the coming years to improve. Together with the expected improvement in the market sentiments, the market price of Glomac would be much higher than what it is today.
The market price of Glomac is currently below its intrinsic value. This is from the perspective of the Asset Value, Earnings Power Value, and Acquirer's Multiple. Refer to the infographics https://i.postimg.cc/NMLj0Tg8/Glomac.png
For a company to be a value trap, its low price must be due to poor fundamentals. In the case of Glomac, the analysis does not indicate poor fundamentals. The intrinsic values are significantly higher than the market price. I would not consider Glomac a value trap.
For more insights into Bursa companies, go to https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=26821
2023-09-20 10:52
Don't believe Value Trap nonsense. Last time ppl say Uems, Iwcity also value trap, now they fly!
2023-09-20 12:35
Glomac possesses a solid portfolio of prime and strategic development landbank
with a potential estimated GDV of close to RM8 billion. Within Johor, Sri Saujana
and Saujana Jaya combined have available 238 acres with a potential GDV of
around RM800 million. This will benefit from government plans to boost economic
activities in Johor - such as establishing a special financial zone in Forest City as
well as the potential revival of the High Speed Rail (“HSR”) from Kuala Lumpur to
Singapore.
GLOMAC BERHAD
27 September 2023
2024-01-30 16:10
The Bursa property companies had a tough few years. Covid-19 affected my companies in Malaysia and the property companies were no exception. But the problems for the property companies started long before Covid-19 with a soft market that began with the govt efforts to curb speculation in the 2016/17.
But I think there is light at the end of the tunnel and as such many property companies could be under priced from a fundamental perspective. One example is Glomac that is currently trading at a discount to its intrinsic value. It is not a value trap. You can read about it from page 19 of the newsletter. https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol193_Invest-02Feb.pdf
2024-02-06 07:29
Residential property price has picked up since 2023, land for development especially industrial land shoot up through the roof.
All property counters are experiencing a super bull in making.
Glomac has started to move up too.
2024-03-29 08:56
Bought more Glomac @ 40c, averaging down on the original 2k shrs bought in 2016 & added to in '17, '19, '21, '22 & '23 which earned $895.25 in dividends.
2024-05-20 15:57
Glomac uptrend remains intact. Just wait to see which direction it will move next week.
2024-06-07 19:31
Tomorrow Glomac will fly.
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3456139
2024-06-13 22:43
Steady! Although revenue dropped slightly, net debt has shrunk 60% from over $189 mil to less than $77 mil, operating cashflow has increased 36% to $138 mil. Net-net has improved from -33 mil to -18 mil, with the overall profitability higher than pre-Covid levels!
2024-06-14 06:52
TA TP 63 sen. Buy call.
https://klse1.i3investor.com/blogs/taresearch/2024-06-14-story-h-159614163-Glomac_Berhad_Better_Days_Ahead.jsp#google_vignette
2024-06-14 11:10
Glomac has good future potential , I am confident that it will reach 60 cts soon. Buy and hold, you will get big fortune in near future. Today, the counter is moving a bit.
2024-07-03 15:14
Glomac is coming strong with volume. What TVVA tells you? Glomac is going to the sky today......
2024-07-05 09:14
What the chart tells you?
https://klse1.i3investor.com/servlets/stk/chart/5020.jsp
2024-07-05 09:31
Glomac has declared a 1.25c per share dividend for Y/E Apr'24. Yield is 2.75% which is better than FD hovering around 2.4%.
2024-07-15 17:31
After averaging down yearly since 2016 just b4 the ex-dividend date to just under 45c, I fortuitously SOLD just over half my stake @ between 45.5c-47c lately...the first ever, though small, capital gain on this stock !
Will wait @ 40c to rebuild my position closer to the ex-dividend date!🤗
2024-07-22 09:30
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 37,600 shares on 11-Sep-2024.
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 300 shares on 10-Sep-2024.
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 70,000 shares on 09-Sep-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 37,600 shares on 11-Sep-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 300 shares on 10-Sep-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 70,000 shares on 09-Sep-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a company director) acquired 37,600 shares at 0.378 on 11-Sep-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a company director) acquired 300 shares at 0.380 on 10-Sep-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a company director) acquired 70,000 shares at 0.383 on 09-Sep-2024.
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a company director) acquired 37,600 shares at 0.378 on 11-Sep-2024.
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a company director) acquired 300 shares at 0.380 on 10-Sep-2024.
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a company director) acquired 70,000 shares at 0.383 on 09-Sep-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 50,000 shares on 10-Sep-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 100,000 shares on 09-Sep-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 50,000 shares on 06-Sep-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 130,000 shares on 04-Sep-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 7,700 shares on 03-Sep-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 43,000 shares on 02-Sep-2024.
2024-09-15 13:46
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 12,000 shares on 12-Sep-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 66,200 shares on 11-Sep-2024.
2024-09-17 23:24
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a company director) acquired 234,200 shares at 0.380 on 13-Sep-2024.
2024-09-19 19:54
Definitely something is brewing! JACKPOT
FD Idzham, Business Development & Corporate Strategy at Glomac Berhad, who is the son of Datuk Fateh Iskandar, who is also the group managing director and chief executive officer, owns another 19.17% stake in Glomac recently married to Sultan Pahang's daughter, August 2024.
https://www.nst.com.my/news/nation/2024/08/1095433/tengku-puteri-afzan-and-fd-idzham-tie-knot-watch
2024-09-23 15:13
Glomac Bhd says it should benefit from potential heightened activities in Johor with the proposed introduction of a special financial zone in Forest City, and a possible revival of the Kuala Lumpur-Singapore high speed rail project.
The company is bullish given its existing presence in Johor through the Sri Saujana and Saujana Jaya township developments, which have a combined landbank totaling 238 acres and a total potential estimated gross development value (GDV) of RM800 million.
2 months ago
https://theedgemalaysia.com/node/729378
In Johor, Glomac has about 165 acres of land in Kulai as well as in Ulu Tiram.
“We bought this land (in Ulu Tiram) a long time ago, in 1996 [about 500 acres then]. We have [yet to develop] the last 10% of the 500 acres, which works out to maybe another 50 to 60 acres,” says FD Iskandar.
He is optimistic about the prospects of the Johor property market, given the increase in foreign direct investments into the state in recent years, particularly in the data centre space.
“This will hopefully provide good-paying jobs, high-paying jobs. And the people will need houses, shops, commercial areas and whatnot, right? Not everybody can do data centres, so we’ll provide the housing and the commercial centres.”
He adds that the biggest market for property in Johor is still Malaysians working in Singapore, rather than from the new jobs that will be created by the influx of data centre investments.
The land in Kulai is strategically located as it is near the Second Link and Johor-Singapore Causeway, which is still the main route for Johoreans to get to Singapore every day for work, says FD Iskandar.
“Now, we are about to launch another 120 residential units. But once we do this, we are looking at the commercial side. Because we are only, like, 5km away from the Second Link and we are nearer to the [Johor Bahru] city centre.”
2 months ago
Glomac in talks to venture into waste-to-energy business
https://theedgemalaysia.com/node/731244
2 months ago
https://klse1.i3investor.com/servlets/stk/annent/5020.jsp
Total dividend 2.25 sen. Ex 12 Dec. Payable on 30 December.
DY at 40.5 sen is 5.55%.
No need to wait for long, all in around one month.
3 weeks ago
Based on purchase price of 40cts, one can earn 5.6% return in less than a month.
2 weeks ago
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 15,000 shares on 04-Dec-2024.
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 69,900 shares on 03-Dec-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 69,900 shares on 03-Dec-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 20,000 shares on 27-Nov-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 30,000 shares on 26-Nov-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 30,100 shares on 26-Nov-2024.
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 30,100 shares on 26-Nov-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 50,000 shares on 25-Nov-2024.
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 50,000 shares on 25-Nov-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 20,000 shares on 22-Nov-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 30,000 shares on 21-Nov-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 10,000 shares on 20-Nov-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 3,000 shares on 19-Nov-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 10,000 shares on 12-Nov-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 10,000 shares on 11-Nov-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 20,000 shares on 06-Nov-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 20,000 shares on 05-Nov-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 22,100 shares on 04-Nov-2024.
2 weeks ago
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 5,000 shares on 19-Dec-2024.
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 10,000 shares on 18-Dec-2024.
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 30,000 shares on 17-Dec-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 10,000 shares on 18-Dec-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 30,000 shares on 17-Dec-2024.
SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 10,000 shares on 17-Dec-2024.
TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 85,000 shares on 12-Dec-2024.
DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 85,000 shares on 12-Dec-2024.
1 day ago
Kmc666
Nkk power , after your Q, Looks like don’t want to stay liao . Wonder who sell …uglier now ..
2022-09-21 09:13