GTRONIC (7022): Trailing 4Q Financial Results

No sign of stop dropping. Follow deMark 9-days theory, now is at 6th day dropping.
Follow HOH-LOL, 3.00 - 0.088, rough estimate 50% is ~1.5, 25% is ~ 0.8, 12.5% is ~ 0.4, 6% is ~ 0.2. Looking at the rate the price drop, it will be hitting 440 soon.
If bought at higher price, common practice is to cut loss and get out first, keep the fund, re-enter when pricing stop dropping and showing sign of moving up.
Without good news, good performance, good prospect in near future, the price may stay keep dropping or stay flat for a period of time.

3 days ago

Liaw is not fit to be the EC of GT and nor is Ku. It is a shame for Ku to be a professional CA. I don't like to demean anyone but I have no choice .They never act in the best interests of the shareholders but sabotaging the company. They should be removed from the BOD with immediate effect.

2 days ago

GT used to be a very good company but not now sorry to say. It is in the wrong hand now with management up to no good...

2 days ago

Bursino

Do you think it will reach a stage that may involve the regulatory authorities?

2 days ago

The moment when the silly management made their incumbent auditors ,KPMG to resign, they have already alerted the authorities that something fishy has been going on.It is a matter of time on the authority to crack on them

2 days ago

newlifenolie

Hi Joyvest, But I don’t understand what benefits will new management get if they sabo the company?

2 days ago

fortunefire

https://www.msn.com/en-us/money/topstocks/why-super-micro-computer-stock-was-falling-again-today/ar-AA1tm8xQ?ocid=finance-verthp-feeds

Gtronic shares similar faith with Super Micro. Share price drops dramatically after EY resigns.

2 days ago

Wait for good timing to enter, follow the banker 😀.
Negative news, positive news, part of the game.
Business Fundamental is still solid. Positive NM, ROE, Cash.
Business Environment is still positive.
AI, IoT, Industrial 4.0...

2 days ago

EVO118

Globetronics chairman Kent Liaw quits APB Resources' board
https://theedgemalaysia.com/node/732469

1 day ago

These Liaw and ku should be removed in GT and SCIB as well in addition to APB as evident in the reflection of their current pathetic share prices.

In long as they are still sitting there, it is believed that there is no growth prospects of these companies....

1 day ago

NatsukoMishima

50:50 game !

1 day ago

newlifenolie

Dead cat bounce, please wait till the quarter report only jump in. As long as they still dragging , it’s better to monitor

1 day ago

40 sen cannot get.

1 day ago

Liaw resign is GT good news not APB.

1 day ago

be patience, wait & see next move, it will be clearer soon, have fun

1 day ago

The surge will be short lived and unstainable

1 day ago

fortunefire

the past ROE and some other fundamentals cannot be served as reference since the Heng family has left.

1 day ago

GT missing money is Liaw work(idea)? So he resign good for GT?

1 day ago

Yes, ever since the founders and parties have changed hand, the financial performance under the current incompetent management of no integrity has been nose diving. It is expected to be worse in months to come if not days............

1 day ago

Liaw and the rest of BOD such as Ku etc must be removed for the sake of the future of GT and other companies such as Sarawak Consolidated Industries Bhd SCIB) , Artroniq Bhd ARTRONIQ) and APB etc

1 day ago

Mr.Ku as a professional CA , has failed to deliver to safeguard the interest of the shareholders by allowing their incumbent Auditors , KPMG to resign midway before expiry of their engagement , which has sent a negative signal to the market resulting in loss of confidence in the management. Do you think he is fit to be a CA and should not be removed from BOD ?

1 day ago

InfinityTifanny

Worry less, joyvest, the crying vest. More restructuring is on the horizon, especially during the next AGM

1 day ago

No need to single me out but instead , please point your finger at the current incompetent Management who are causing the havoc to the positive development and prospects and undermining the confidence levels of the investors to this company.

1 day ago

APB still down because GT paper loss RM 1.48/share.

1 day ago

Apparently, it was reported the APB had paid RM 2.00 to acquired GT shares . With the pathetic share price of 0.38 now , APB shareholders stand to lose RM 113.4 million in total. The said loss is expected to be impaired in the upcoming QR, resulting in massive reported loss. The shareholders and investors are said to have lost confidence in the current management of APB and call for revamp of the entire BOD.

1 day ago

The company shows some solid fundamentals, with a good net margin and a solid cash position. However, the negative CAGR indicates a declining growth trend, which could limit future gains. The ROE is moderate, and the stock trades at a reasonable PE ratio, suggesting the market is cautious about its growth potential.
Current price/NAV, 525/456, 1.15X, slightly above NAV.
Could be a cautious buy if one believes the company : can reverse its negative growth trend, the company is expected to use its cash for strategic growth or acquisitions ,comfortable with a moderate return potential.
Else, wait for price to hit NAV or below NAV.

23 hours ago

Typical investment/trading game, buy below NAV or NTA, foreseeing good future growth of the company.

23 hours ago

a player sold all stocks of 3 related companies, cash rich in hand, believing potential growth of the company, preparing to buy below NAV or at current price...

23 hours ago

NatsukoMishima

What if latest QR still np ???

23 hours ago

Bursino

Conflicting reports on the transacted 70 million shares. RM 1.20 or RM 2.00 ?

23 hours ago

It does not matter whether it was 1.20 or 2.00 , what is factual is that the total acquisition cost was RM 140m .

21 hours ago

RM 140 million for 70 million shares why your calculation come to RM 1.2?

Posted by Bursino > 1 hour ago | Report Abuse

Conflicting reports on the transacted 70 million shares. RM 1.20 or RM 2.00 ?

joyvest

10,512 posts

Posted by joyvest > 22 minutes ago | Report Abuse

It does not matter whether it was 1.20 or 2.00 , what is factual is that the total acquisition cost was RM 140m .

21 hours ago

Liaw resign because blocking APB average down buying cost? If APB can buy at RM 2 why not 50 sen buy 3-4X more?

21 hours ago

Something fishy is going on ...

20 hours ago

TwilightWanderer

Sounds like there's a lot of uncertainty around the acquisitions and the share price! 🤔 The focus on buying below NAV makes sense, but with these conflicting reports, it's hard to gauge the true value right now. If the fundamentals are solid but the growth is shaky, it might be wise to play it safe and wait for a clearer signal before jumping in. Always good to keep an eye on the cash flow and future plans too! 💸

19 hours ago

gloveshapiro

Resign already next is rebound on the way

19 hours ago

0.85x NAV = 387, 1X NAV = 456, 1.15X NAV = 525
NOSH 672M, Float 412M
10Sep - 18Seps, avg price 550, transaction vol 375M
20Sep - 30Sep, avg price 705, transaction vol 372M, 705/550, 1.28x
1Oct - 4Nov, avg price 620, transaction vol 272M

18 hours ago

Perhaps Liaw blocking GT paying good dividend? Last time GT was chased >RM 1 because of good dividend.

17 hours ago

APB still down because not doing enough to prevent GT drop.

2 hours ago

good, let the price drops to NAV or below NAV

2 hours ago

Who want to sell low? EPF, Tabung Haji no more here.

2 hours ago

kjstk1234 if you like GT better buy APB if 52-53 sen GT too expensive for you.

2 hours ago

Artroniq NAV : 211, current price : 80, 0.38X
SCIB NAV : 229, current price : 230, 1X
APB NAV : 1404, current price : 380, 0.27X
GTB NAV : 456, current price : 525, 1.15X

2 hours ago

GTB cash rich. Inari NAB also low why >RM 2.8?

2 hours ago