|Last Price ||Avg Target Price || Upside/Downside ||Price Call |
|0.35 ||0.68 || +0.33 (94.29%) || |
|* Average Target Price, Price Call and Upside/Downside are derived from Price Targets in the past 6 months.|
|** Price Targets are adjusted for Bonus Issue, Shares Split & Shares Consolidation (where applicable).|
|Date ||Open Price ||Target Price ||Upside/Downside ||Price Call ||Source ||News |
| No Price Target available for this stock. |
huruhara sprigville hand over on May, galleria now 70% completed.
davidkkw79 Avoid property n oil&gas stocks, especially lousy management stocks, such as gob.
davidkkw79 Desmon lim has abandoned gob and jump into Wct, better run from this stupid company which continuesly making losses company.
davidkkw79 wct is up up up, but gob is become rubbish
davidkkw79 Even with other good management property company their investors has in dilemma to keep or sell. So with this kind of balia lousy property company such as Gob, of course no need to be hesitated to immediately sell it out. Sure, you wouldn't keep rubbish right? !
kancs3118 Hopeless company with phariah management making a mockery of corporate governance ....... Only know how to do cash call....and then dispose Batu Kawan land for pittance on the dollar....sort of launder monies via setting up a few fronts known as F&B business and make it lose money and destroy shareholder's wealth....thank God..I cashed out everything at RM0.60...
Just an advise...don't ever believe in Desmond Lim and all the companies linked to him ....avoid like a plague...I am not touching WCT even with a 10 feet pole...
Beware Desmond Lim counters...enough said
mani_cum Davidkw79, have u totally dispose this so call rubbish stock already? The reason i ask so is be'cos u seems to have plenty of shares to unload by the way u asking ppls to sell everyday.
A glance thru my record, its seem that i sold at RM.0775 (13/12/2013) and the price traded today bet 0.305 ~ 0.315, definitely attract my little attention. ( 60% discount )
Market always presume that this ctn is link to Desmond Lim because Dato Choo Chuo Siong ( Pavreit Director ) has emerged as substantial S/Holder on 9 Sept 2014 with 14,900,000 shares.
Recent cash call announcement suggest Choo did subscribe more than 100% r/issue with current shares of 36,048,800 (7.9300 %). I have no idea its Dato Choo own decision to invest or pay by Desmond to be his proxy in GOB. With Choo holding of less than 8% and NOT even sit on the board, TS could dictate the direction of GOB?
Although Da-Men mall dispose did not result in big profit but it mange to unlock a big cash pile.
If exclude ALL assets own by GOB, the recent right issue amount rise is already very close to the market cap of GOB today.
FYe2016 overall is still a nett earning of 9 cents per shares.
I don't see any needs to sell this cheap.
davidkkw79 Dont talk about its right issue, just speak of its performances bro...it is continuous losses making.
mani_cum FY2016 : -
1Q - +17.33 eps
2Q - ( -2.85 )
3Q - ( -4.66)
4Q - ( - 0.68 )
Overall = +9.15 eps
1Q - ( - 3.02 ) eps
Its not right to conclude GOB FY2016 is a lost making year. Generally every 1 knows property sector is enduring a downward cycle , thus a reduction in profits is common for the industry. Market had also react whereby GOB market cap has been reduce by half which i deem harsh and over react.
Lets compare with Ivory Properties Bhd which both under property sector, same par value ( 0.5 ) , very close share issued and register an overall of 2.56 cents eps for FY2016, then u will know how oversold this GOB is.
Back to TA, for the past 10 years RM 0.30 is always a solid support price and launching pad for price to reverse trend except in 2008 ( collapsed of Lehman Brother ) where it recorded a lower of 0.25 cent. I believe this time there is no exception also and the golden question is when.
Acceptable for current shareholders not to pick up extra, but definitely a NO NO for asking them to sell at this price. Akin buy at 0.5 and sell for 0.3, whats the logic here. TQ
davidkkw79 Q1 just because of selling land. All the rest, loss making.
davidkkw79 If you still holding it, better take my advise sell it imediately, no point to hold it.
mani_cum Of course i know what happen in Q1. Property counter can only sell house, apartment or condo only can be consider profit. Land can not ka bro??
davidkkw79 It just like if u fall in love with a shit, no matter how bad smell it is, you will still find thousand reasons to say it is fragrance smell. Just don't fall in love to wrong management company and wrong industry at this stage.
hng33 bought back GOB at 31.5sen
hng33 bought more GOB at 30.5sen
davidkkw79 wah... lousy stock didn't down lei...
davidkkw79 loss making result is coming
davidkkw79 looking forward for its continuous losses result again
OnyxCapital Main buyer found at 0.31 last Friday, seems like the upcoming quarter result is attractive
davidkkw79 Yupe, result sure will. Be very attractive. Low revenue, but no profit.
hng33 bought more GOB at 30.5sen
mani_cum banker got enuff. Show time!!!
mani_cum Amount raised during recent right issue :
225 Millions new shares x 0.500 ( r/price ) = RM 112,500,000.00
Market cap as today ---> 150Million
40Million for the rest of the assets.............. dam dam cheap
pekor is this stock a value buy? way below rights price
mani_cum Hi! pekor, sad to hear u lose money buying Airasia. Lose money b'cos buying at high side. Try invests with buying when ppl sell, no doubt its takes time to realize profit but most important is the margin of safety.
Summary of GOB cash flow :
1) Cash on hand as of 30th June 2015 = 79.7 Millions
2) Da:men disposal = 488 Millions cash
3) recent r/issue = 112.5 Millions
4) Borrowing as of 30th June = ( 270.8 Millions )
Kindergarten maths 1+2+3-4, and counts other land bank and complete unsold units as freebies.
Ask yourself , do you belief money will evaporate???
mani_cum huat ah!!!!!!!!!!!!!!!!!!!!
mani_cum current price is pick up NOT selling. Wakakaka!!!
chankp7010 Rights issue at 50 cents last year concluded. Those investors that subscribed to the rights are now suffering financial loss. Lousy management and lacking transparency. Selling away Da'men can incur huge losses. China food business also incurred huge losses. Useless directors as well.
mani_cum rubbish suddenly become GOLD. Wakakaka!
John1234 Today, selected property counters are in play....
davidkkw79 No fundamental to support it's price, all money will just go to management pockets.
davidkkw79 Watch out when it QR come out, then share price will be water fall again. Now just try to trap investors.
davidkkw79 Pavreit result just came out, quite good. The more pavreit doing good, the more losses will happen at Gob. If you just a speculate at this, remember don't wait until it's QR come out.
wan7075 davidkkw79, may I know why pavreit good will make gob worst? I thought the daimen already been sold and no more relation between them.
John1234 The play continues today. Overhead resistance is 38 sen.
davidkkw79 Gob has made a very stupid deal with pavreit to ensure its occupancy rate has fullfill its requirement. So Gob has giving a lot of rebate to tenant in order they rent shops in damen. Eventually all this rental cost are mostly beared by Gob for at lease 1 year above.
John1234 Are the overall rentals collected higher than the variable cost? If so, it is still a net positive for GOB, even though the profit is reduced by the rebates given.