Highlights
KLSE: GLOTEC (5220)       GLOBALTEC FORMATION BERHAD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.045   -0.005 (10.00%)  0.045 - 0.045  2,101,000
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Overview

Market Cap: 242 Million
NOSH: 5,382 Million
Avg Volume (4 weeks):3,852,325
4 Weeks Range:0.04 - 0.05
4 Weeks Price Volatility (%):
50.00%
52 Weeks Range:0.035 - 0.07
52 Weeks Price Volatility (%):
28.57%
Average Price Target: 0.07
Price Target Upside/Downside: +0.025
Stamp duty exempted for year 2018

Financial Highlight

Latest Quarter | Ann. Date 31-Mar-2018 [#3]  |  23-May-2018
Next QR | Est. Ann. Date: 30-Jun-2018  |  28-Aug-2018
T4Q P/E | EY: -8.92  |  -11.21%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 0.045  |  1.00
T4Q NP Margin | ROE: -25.92%  |  -11.21%

Headlines

Date Subject
18-Apr-2018 PublicInvest Research Headlines - 18 Apr 2018
03-Aug-2017 Evening Market Summary - 3 Aug 2017

Business Background

Globaltec Formation Bhd is an auto parts manufacturer. Its business is divided into four reportable segments namely Integrated Manufacturing Services (IMS), Resources, Energy, and Investment Holding. The IMS segment deals with designing and manufacturing automotive components, and it also consists of the precision machining, stamping and tooling arm and the semiconductor division. The Resources segment includes the oil palm plantation and coal mining divisions. The Energy segment includes oil and gas exploration, production, and services. Lastly, the Investment Holding segment manages the company's investments in subsidiaries. The company has operations in many countries, but it generates the majority of its revenue from the IMS segment in Malaysia and Indonesia.
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  27 people like this.
 
goInvest (Cut or Hold???) Johnsonlee Buy Glotec now.....

Johnsonlee, are you want us die? Glotec already drop so much you still want us jump in again??? We almost die seriously already...
04/04/2018 17:12
maya1301 BUY!!! BUY!!! BUY!!!
0.03 coming soon
Hahahaha
05/04/2018 06:42
goInvest (Cut or Hold???) maya1301 BUY!!! BUY!!! BUY!!!
0.03 coming soon
Hahahaha

05/04/2018 06:42

Based on the selling volumes....This counter can drop to any prices....see properly is can DROP to any prices..
05/04/2018 09:40
goInvest (Cut or Hold???) KLSE: GLOTEC (5220) GLOBALTEC FORMATION BERHAD MAIN : Industrial Products
Last Price Today's Change Day's Range Trading Volume
0.035 -0.005 (12.50%) 0.035 - 0.04 10,037,200
05/04/2018 10:45
goInvest (Cut or Hold???) Hi Laulau, Where are you now? Can you said something????
05/04/2018 14:46
LimKT DDDDDDDIIUUUDDDDDD
05/04/2018 15:09
sharevirgin Fly or trap?
05/04/2018 16:33
peterchu lol ... laulau wipe off already ...
06/04/2018 14:19
goInvest (Cut or Hold???) peterchu lol ... laulau wipe off already ...
06/04/2018 14:19

Laulau, can you really said something now....What is the comments of you. Please voice out....Price keep dropping lower...
06/04/2018 14:56
traderman goinvest two reasons for the drop. 1. final approval not yet obtain. 2. market sink from tariff. even strong company also drop like mas you think super penny glotec can share from the drop?
06/04/2018 21:25
WY Chan laulau hiding 6 ft under
08/04/2018 10:11
goInvest (Cut or Hold???) traderman goinvest two reasons for the drop. 1. final approval not yet obtain. 2. market sink from tariff. even strong company also drop like mas you think super penny glotec can share from the drop?

Hi traderman, thank for the response. So what are your suggestions or options? Can you foresee what will happen on Glotec? Price will drop further or we can hold for a while again? Do you think glotec is almost game over or re-life soon? Final approval will come or not? When final approval will come roughly?

Thanks.
09/04/2018 11:11
Lim Tek Wai Huh !!
09/04/2018 15:05
traderman goinvest I wish I know when it will get approved. really 50-50. but I guess nearer to the approval date the price will go up
09/04/2018 18:59
goInvest (Cut or Hold???) Hi traderman, i also think like that....hope this time we are able to leave this counter...
10/04/2018 11:04
jordanmaggie61 apa macam?
13/04/2018 16:12
steward Ini kali lah mesti mari
13/04/2018 16:19
LimKL1 apa macam?
13/04/2018 16:26
steward Macam macam,hahaha
13/04/2018 16:29
Lim Tek Wai eh what u guys saying oh macam macam ????
13/04/2018 16:38
tomanhead macam mana???hahaha
13/04/2018 21:35
st0ckraider Bought some 4 cent hehe
14/04/2018 07:56
ikah ubah
16/04/2018 17:17
goInvest (Cut or Hold???) what happen to glotec?
17/04/2018 15:46
17/04/2018 17:18
steward Globaltec Formation Bhd’s Australia-listed subsidiary NuEnergy Gas Ltd has secured a four-year extension — up till Dec 2, 2020 — for its Muralim production sharing contract in Indonesia,
18/04/2018 09:37
Eric96 http://www.theedgemarkets.com/article/globaltec-gets-fouryear-exploration-extension-muralim-psc-indonesia
18/04/2018 10:44
kirawang Ini kali lah.....kikikikikih
18/04/2018 10:50
HazByn extension only.not get a new deal. jerung not interested.
18/04/2018 11:02
Jessie Ng gogo
18/04/2018 11:06
goInvest (Cut or Hold???) No more expert willing to analysis this counter and give comments anymore. Recently so huge volumes don't know what actual they are doing.
Don't know what should we do?
Don't know what is their planning?
Don't know why so many traded recently...what going on?
18/04/2018 16:12
LimKL1 thank
18/04/2018 16:39
Kathejofu not moving @@
19/04/2018 09:21
kenlee already move 20% from 4 cent.
19/04/2018 11:04
jordanmaggie61 thank for tips
19/04/2018 12:10
Leoleo http://www.bursamalaysia.com/market/listed-companies/company-announcements/5769689

Last time said POD preparation on Dev 2016...

now said will submit by end of this month.

may be approval process may take 2 years kot..


Drag and drag
25/04/2018 09:48
ktsk88 if you look back at their earlier development reports, the company already stated that the earliest point for sales of gas is on 2nd quarter of 2018 onwards the earliest if not mistaken.
25/04/2018 10:10
asturay Will fly
30/04/2018 22:43
Eric96 http://www.theedgemarkets.com/article/globaltec-unit-submits-first-plan-development-tanjung-enim-field
02/05/2018 12:17
jasontan1177 "NuEnergy signed a memorandum of understanding (MoU) with Pertagas in September 2017 to explore the gas supply from the Tanjung Enim PSC and the company will now progress negotiations on commercial terms," it said, adding that the proposed POD I plans for the gas production and delivery to plateau at 25 million standard cubic feet per day (MMSCFD) for 10 years.


25 million standard cubic feet per day (MMSCFD) . this is equivalent to how much revenue perday ?

anyone can enlighten us ?
04/05/2018 16:05
kirawang Sulah ada sales ka belum?
04/05/2018 16:06
Bull Why so many people like to risk their own hard earn money into pokai or we name as goreng company?

Why not invest in low risk and high return company where you can sleep well every night?

2018 gem

https://m.facebook.com/story.php?story_fbid=1975669769428631&id=1971580826504192
04/05/2018 16:20
jasontan1177 MMCCORP(2194) is very pokai company wor? PK you got invest in MMMCorp ah ?

PK where u come from why every forum go promote this PK MMCorp counter ?



Bull Why so many people like to risk their own hard earn money into pokai or we name as goreng company?

Why not invest in low risk and high return company where you can sleep well every night?

2018 gem

https://m.facebook.com/story.php?story_fbid=1975669769428631&id=19...
04/05/2018 16:20
04/05/2018 16:23
flyby jasontan1177, 25MMSCFD is equivalent to USD245,000 per day by my estimates. Wow...
05/05/2018 00:15
ktsk88 Their Tanjung Enim is on the way to supply gas in coming months and the contracts is for 10 years.

As for Muralim they got 4 years extension to commercialise it.
05/05/2018 10:00
jasontan1177 tanjung enim took 4 years to work on. now only submit pod. after pod approval. need how long to pump gas out ? 2 years ?
05/05/2018 11:36
flyby jasontan1177, You don't submit the pod unless you're ready to pump the gas. The details of financing, buyers, technology, environmental issues are probably all in place because the details of which are required in the pod.
There's a lot of money to be made. Just imagine 13% of TEPPP is certified to produce USD245,000 a day. 100% therefore has the potential to produce USD500,000 to USD1,500,000 per day. That's just from the TEPPP.
There's a lot of psylogical effort put to frustrate retail holders to sell their shares at this current low price. False starts, Good news ...no movement. Price up ...pressed down. Left hand, right hand game going on, some say up to 90% of volume.
Accumulation will carry on until they have as much shares in their possession as possible. A decision will be made depending on market conditions to start the olympics. That's when the game begins.
06/05/2018 19:08
DreamPredator Lg bulum glo lg gah, ini Lotec.
20/05/2018 15:13
DreamGuardian gih gih gih
21/05/2018 15:28
jasontan1177 walau make 2 k profit last q...

wakaka. hkc ask ceo come open chicken rice stall better.
kikikiki
23/05/2018 17:46


 

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