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Overview
Financial HighlightHeadlines
Business Background Guocoland Malaysia Bhd, through its subsidiaries, is engaged in the development of residential properties and commercial properties for sale. The company's business segments are Property development, Property investment, Hotels, and Plantation. GuocoLand Malaysia’s notable prime projects are Damansara City – an integrated development in the prime neighbourhood of Damansara Heights, Emerald Rawang – the master-planned township which comprises different types of houses in Rawang, Pantai Sepang Putra – a residential township in Sepang, The Oval Kuala Lumpur – a unique luxury condominium in the heart of Kuala Lumpur City Centre as well as commercial developments namely, Commerce One along Old Klang Road and PJ City in Petaling Jaya.
Newbees likes this. Justmie Anyone attended the AGM today? How’s the outlook for Guocoland for 2019? 22/11/2018 12:09 AM Invest_888 Datuk Edmund Kong should resign. He can't perform. enid888 said Cheras sale is good. Why still losing money? 02/05/2019 12:42 PM Invest_888 On 26/11/2017, RVI123 wrote: After preparation work for 20 months, Datuk Kong is showing his experience and ideas now. This man is the key person in creating Desa Park City. He is now instituting his ideas into Emerald Rawang, Emerald Hills and Emerald Square in Cheras Who is really in charge of GUOCO Malaysia, is Datuk Kong? If he is in charge, after more than 2 years why GUOCO Malaysia financially so bad? Really disappointed. Why GUOCO Malaysia can't perform as expected? 02/05/2019 12:52 PM Justmie Is this the best time for major shareholders to take this company private? 20/08/2019 11:25 AM Invest_888 How come good sales but lose a lot money? It is the highest quarter sales in recent 7 quarters(close to 2 years), good sales should be positive earning. Are Guocoland Malaysia spend money correctly: 1)Staffs' salary, allowances, benefits & director remuneration too good? 2)Marketing cost too high? 3)Agents' commission too high? I don't know. The Guocoland Malaysia directors' should find out and pay attention to making money for your company and shareholders. 20/08/2019 12:50 PM Justmie I believe Guocoland will deliver a good financial result for year 2020. Sales for Emerald hill 1st phase already exceeded 95%. Take up rate for Emerald 9 phase 1 also more than 85% while 2nd phase of garden terrace is more than 85% sold. Current tension in HK will also boost the sale of DC Residency and The Oval. The management also declare a final dividend of 2 sen which will be ex on the 4November. At current price of RM0.65 means the dividend yield is more than 3%. Current company NTA is RM1.93, I think it is still a good safe investment in this company at this level. 15/10/2019 3:09 PM Justmie https://www.nst.com.my/property/2019/11/541189/guocoland-malaysias-best-campaign-offers-easy-way-own-home 25/11/2019 5:58 AM Justmie AM X Justmie GLM has just disposed part of their land in Jasin for RM119M. After the disposal, GLM still have a balance of 1,302.7 hectares of land in Jasin. The transacted value of this land parcel is approximately RM45 per square m. If base on land value of RM 45 per square m, the balance of land is worth around RM 586M. GLM share portion is value at RM396.8M before tax which translate into RM0.56sen per GLM share. Current share price is only RM0.72. NTA 1.91 base on first quarter 2020 report. NAV should be much higher, at least another 0.20-0.25sen If to take into the consideration the revaluation of the entire land in Jasin. 04/01/2020 1:11 AM Jeffreyteck Figures say.... .. loans $1200 million. ... current ratio looks good but no one could ascertain quality and potential written off as in few cases massive written off in a quarter, like london biscuits, which turned into negative nta. ... nonetheless nta still "looks" good and trading opportunities is there. 06/01/2020 8:19 AM Justmie Emerald hills and emerald 9 take up rate are good since launching. As reported by the management, DC Residency also registered a strong take-up rate from HK buyers. Last quarter results which will be announced within this 2 months should show a big improvement compare to the last corresponding year. 06/01/2020 11:14 PM Jeffreyteck Announced disposal of land at a profit, then only on quarterly losses. That reflects management's business ethics? 09/01/2020 11:19 PM Invest_888 Before one month plus of 9Jan2020, hope was there, price goes up from RM0.645 to RM0.75. Some people said the sold out rate was very good, therefore share prices went up. Suddenly, lose more money again. What are going wrong? Company directors competency? 10/01/2020 10:26 AM perangbrown GuocoLand (Malaysia) Bhd has dropped even deeper into the red for the second financial quarter ended Dec 31, 2019 (2QFY20), due to lower sales of completed units, as well as higher marketing costs. It posted a widened loss of RM14.85 million in 2QFY20, compared with RM12.65 million in the previous corresponding quarter. Revenue was also 18.3% lower at RM90.19 million, from RM110.42 million previously. 15/01/2020 2:44 PM n0retail useless stock. when market crash, it crash. when market up, it also crash. GUOCO singapore is doing fantastic, and yet this Malaysia counterpart is doing shit. There's no worst for this stock, it can only go worse. 12/03/2020 4:38 PM prince4 Covid-19 make economy slow down company fundamental will metamorphism and company with high debt will face collapse or bankruptcy soon.Expect local and foreign funds money would not flow in big cap and mid cap stock because everybody scare buy high losses money . In this few month expect Funds manager money would flow out in bigcap and midcap stocks and will short selling midcap stocks for make money so now no prospects cannot buy and hold. market stock RM10 drop to RM5, RM5.00 drop to RM 2.00 , followed RM2.00 drop RM1.00, followed RM1.00 drop to 50 cent, followed 50 cent drop to 20cent ,followed 20 cent drop to 10cent ,followed 10 cent drop to bottom. High debt company cannot hold ,high prices stock cannot hold , market never sleep money never sleep just buy bottom low prices with cash rich company . This is a opportunity markets smarts money no longer will flows in cheaper stocks market will goreng lows price stock at bottom. 16/03/2020 12:42 PM foo Which companies on Bursa have high cash and low debt KUALA LUMPUR: The second extension of the movement control order to contain the Covid-19 outbreak — now totalling six weeks until April 28 — means that economic activities will remain subdued for at least another 14 days. The pandemic, which has infected nearly two million and killed over 100,000 worldwide, presents the worst start possible for the recession expected ahead. As the infection curve has yet to near its peak, it is anyone’s guess on the depth of the economic downturn. Against this backdrop, survival is the prominent concern now. Investors’ attention is drawn to companies’ balance sheets instead of growth prospects, which is widely expected to be minimal in the best-case scenario, as business volume dwindles and operating cash flow shrink. Asia Analytica data shows that of some 880 listed companies (after excluding the 40 banks, insurers and investment trusts), 597 companies listed on Bursa Malaysia have cash that is less than their short-term liabilities. Companies in many different sectors are underlined here, from furniture companies to retailers, automotive-related firms, and a wide range of manufacturers and trading companies. Meanwhile, 223 listed companies have an interest cover ratio of below one times, meaning their earnings before interests and tax cannot cover interest expenses for a full year. The market capitalisation of most of these companies are below RM2 billion. Some 321 companies were already in the red last year. Of the 599 profitable ones, around 45.6% of them saw profit decline in the period. Again, most on the list are small-cap firms, according to Asia Analytica data. It is also worth noting that the economic downturn would be a tough test on companies’ sales quality. Companies with a high portion of credit sale with mounting receivables could be at risk amid the potential cash trap. A random check shows that 75 listed companies or 8.2% have net gearing of over 100%. Sectors with the most companies in this category are logistics, construction, oil and gas, building materials and property development. Others with net gearing of above 80% include power companies, telecommunications companies and building materials companies. Power producers’ liabilities are usually backed up by the steady cash flow from power purchase agreements. On the flip side, notable sectors with low net gearing average include Internet and gas utility companies, and technology solution providers. Of 79 generic companies with market capitalisation of above RM2 billion (ex-banks, real-estate investment trusts and insurers) only 22 have a cash ratio of above one times and net gearing of below 50%, led by Petronas Chemicals Group Bhd, Petronas Gas Bhd and IOI Corp Bhd. As reflected by the price-to-book valuations, preference is given for companies with high cash, low debt, steady recurring income and high-quality clients, such as tech companies, and broadband providers. There are also lesser-known small-cap companies that are cash-rich with sturdy past operations. As a fund manager pointed out that a downturn is a brewing pot for merger and acquisition activities, as smaller, cash-rich companies with good assets or business prospects usually become undervalued after the market selldown. The first quarter’s (1Q20) financial result will show how much cash was exhausted amid the two-week shutdown in the second half of March, while prospects of the entire half of 2Q20 being under movement restriction are still visible. 13/04/2020 3:20 PM Germaice In covid worst sector demand drop like commodities crude oil,oil palm,property,banking loan and tourism 22/05/2020 4:12 PM Germaice New normal this sector healthcare,Internet based e-commerce , API mobile marketplace ,delivery services and video conference beneficiary from covid19 22/05/2020 4:12 PM Snowpiercer The Singapore cousins are much better in property. If you have visited PJ City, it is a disgrace and DC Mall is more than dead. 09/11/2020 10:42 AM godofstock Who takeover the CEO role ? See the market price today you should know who lo 14/12/2020 4:34 PM godofstock if the person becoming CEO is reliable and competent, company will be doing well and yes, share price will move up 14/12/2020 5:49 PM Tommy88 Hopeless company led by a corrupted MD Tan Wee Bee…look at the dead DC mall u will understand how poorly this company is run… 09/05/2023 9:53 PM 93126668 https://www.edgeprop.my/content/1906104/guocoland-names-noorbaizura-new-md so frequent change MD 15/05/2023 10:56 PM | |