Highlights
Social Forum >> Forum Thread
Last Price Today's Change   Day's Range   Trading Volume
2.57   +0.03 (1.18%)  2.53 - 2.59  69,200
3,647 comment(s). Last comment by Dakewlest at Jan 25, 2021 11:09 PM
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Daniel Yong
38 posts

Posted by Daniel Yong > Jan 4, 2020 12:47 AM | Report Abuse

Interesting read. Thanks, Slts


gemfinder
3999 posts

Posted by gemfinder > Jan 4, 2020 2:52 PM | Report Abuse

https://www.theedgemarkets.com/article/10-musthave-stocks-next-10-years


gemfinder
3999 posts

Posted by gemfinder > Jan 4, 2020 2:52 PM | Report Abuse

Which 10 stock?


Agjl
4541 posts

Posted by Agjl > Jan 6, 2020 9:10 AM | Report Abuse

Reload below 2.90


Sc Hew
43 posts

Posted by Sc Hew > Jan 6, 2020 9:52 AM | Report Abuse

very strong support at 2.95


Agjl
4541 posts

Posted by Agjl > Jan 6, 2020 10:52 AM | Report Abuse

Will wait....


lee9fold
4102 posts

Posted by lee9fold > Jan 6, 2020 1:45 PM | Report Abuse

chance to stock up, nth to scare


wilsonngoh
250 posts

Posted by wilsonngoh > Jan 6, 2020 3:33 PM | Report Abuse

Walaooooo. Faster runnnnn


lee9fold
4102 posts

Posted by lee9fold > Jan 6, 2020 3:56 PM | Report Abuse

chase high, then run and cut loss? hahaha


wilsonngoh
250 posts

Posted by wilsonngoh > Jan 6, 2020 4:31 PM | Report Abuse

Hahahha..


ramada
3955 posts

Posted by ramada > Jan 6, 2020 9:20 PM | Report Abuse

Read this.
https://money.udn.com/money/story/5599/4270902?fbclid=IwAR1acPeRo06qkxjIc72_TACK0EB2-nEtxBbY6wGDDOEDo5pW4CZQoshTBVI


michaelwong
2742 posts

Posted by michaelwong > Jan 6, 2020 9:21 PM | Report Abuse

Buy high must berani cut lost woi !


wilsonngoh
250 posts

Posted by wilsonngoh > Jan 6, 2020 9:29 PM | Report Abuse

Gogogo


Tricolourbritishshor
26 posts

Posted by Tricolourbritishshor > Jan 6, 2020 9:57 PM | Report Abuse

https://www.bloomberg.com/news/articles/2019-07-15/cocoa-s-opec-moment-puts-world-market-on-track-for-boom-and-bust

its old news .


voonyoke
1037 posts

Posted by voonyoke > Jan 7, 2020 12:38 AM | Report Abuse

hahaha. A few months ago news becomes new news.


Agjl
4541 posts

Posted by Agjl > Jan 7, 2020 12:19 PM | Report Abuse

Old news, new news, all provide reasons to sell down


longranger
218 posts

Posted by longranger > Jan 7, 2020 4:03 PM | Report Abuse

GCB can pass on the cost easily to customer as their capacity is full.


Agjl
4541 posts

Posted by Agjl > Jan 7, 2020 4:50 PM | Report Abuse

Yohoo!!!! Reload 2.85


Joe Ng
121 posts

Posted by Joe Ng > Jan 7, 2020 8:39 PM | Report Abuse

"But in the long term, higher prices will mean overproduction, hurting the farmer income the nations are trying to protect. It will also stimulate more plantings in competing producers including Nigeria, Cameroon and Ecuador, where the premium paid in the physical market could also rise."
Short term pain,long term gain.The price will move lower due to overproduction.As the demand for cocoa powder is still expected to rise, GCB is still worth investing,especially after the construction of the ivory coast plant.


Agjl
4541 posts

Posted by Agjl > Jan 8, 2020 9:53 AM | Report Abuse

Reload warrants


jojo85
133 posts

Posted by jojo85 > Jan 8, 2020 10:03 AM | Report Abuse

Will wait until untill it makes support..


jojo85
133 posts

Posted by jojo85 > Jan 8, 2020 10:05 AM | Report Abuse

Falling with volume is a downtrend sign


Bigbull99
1052 posts

Posted by Bigbull99 > Jan 8, 2020 11:02 AM | Report Abuse

Every stock is falling with volume. Now is volatile days plus coming quarter earnings should be below expectations.


smokinweeds
9 posts

Posted by smokinweeds > Jan 8, 2020 11:07 AM | Report Abuse

Why would quarter earnings be below expectations though? The company is fundamentally strong. The only reason why I see it might be below expectations is because of revenue recognition cutoff and spill over to 1Q2020


investortrader88
2236 posts

Posted by investortrader88 > Jan 8, 2020 12:17 PM | Report Abuse

done top up RM 2.70 !


gemfinder
3999 posts

Posted by gemfinder > Jan 8, 2020 12:39 PM | Report Abuse

trade today.. bought 2.70 sold 2.74. act fast


longranger
218 posts

Posted by longranger > Jan 8, 2020 12:56 PM | Report Abuse

bought some.


Newbiesi3
28 posts

Posted by Newbiesi3 > Jan 8, 2020 2:55 PM | Report Abuse

why drop so much, continuously drop for a week


Agjl
4541 posts

Posted by Agjl > Jan 8, 2020 3:17 PM | Report Abuse

Chill guys! Short term trader respond to the old report. Overall, market is down thanks to this dumb axx trump. He is looking for a war to boost his campaign for reelections


slts
1928 posts

Posted by slts > Jan 8, 2020 4:06 PM | Report Abuse

3m cross trade at 2.78


longranger
218 posts

Posted by longranger > Jan 8, 2020 4:28 PM | Report Abuse

@bigbull99, i think you are right the coming qtr is below expectation. Due to the fact that funning in full capacity i wont expect big grow vs previous qtr. However i am excited for the subsequent qtr with newly acquired business consolidate result. we should be able to see through a few qtr from now. Bargain price now.


Agjl
4541 posts

Posted by Agjl > Jan 8, 2020 4:33 PM | Report Abuse

I beg to differ that coming quarter below expecations. Could it be we expect too much or we without realising how tough the world and expect high? Lets wait and see


Agjl
4541 posts

Posted by Agjl > Jan 8, 2020 4:37 PM | Report Abuse

Historic high volume


Agjl
4541 posts

Posted by Agjl > Jan 8, 2020 6:42 PM | Report Abuse

I believe there is a pass on cost clause


Agjl
4541 posts

Posted by Agjl > Jan 8, 2020 6:43 PM | Report Abuse

Eberythg has gone up. Even now a hawker chicken rice cost 6.50


ooihk899
1353 posts

Posted by ooihk899 > Jan 8, 2020 6:48 PM | Report Abuse

mplus123 n Agjl pls comment with facts. Don't TCLSS. Pls check Busy Weekly interview with the boss(6 months ago, I think), then you will know how does the cocoa price affect GCB's profit.


Agjl
4541 posts

Posted by Agjl > Jan 8, 2020 7:03 PM | Report Abuse

Ooihk899....since i m TCLSS, please enligthen me with your insightful view...cant wait..i m a novice...help. So i wont TCLSS


longranger
218 posts

Posted by longranger > Jan 8, 2020 8:34 PM | Report Abuse

line capacity is fully booked 6mth ago means GCB has lock in their raw material immediately when they received order. little effect on bottom line. correct me if wrong


ooihk899
1353 posts

Posted by ooihk899 > Jan 8, 2020 8:47 PM | Report Abuse

It's all in Busy weekly. Haiz! Want to make money but don't want to invest in yourself!!! Already show you the fish, pls fish for youself.


Agjl
4541 posts

Posted by Agjl > Jan 8, 2020 11:50 PM | Report Abuse

Ooihk899.....hahahahah u are so good show us the fishes already!!!! I can only laught. Haha ya i have plenty to invest and dont bother to invest myself...yes indeed. I will let you sing your own song of greatness....:)


investortrader88
2236 posts

Posted by investortrader88 > Jan 9, 2020 9:04 AM | Report Abuse

huat ahhhhhhhhh. !


kllady_fidah
1548 posts

Posted by kllady_fidah > Jan 9, 2020 11:37 AM | Report Abuse

hi guys im back


Agjl
4541 posts

Posted by Agjl > Jan 9, 2020 11:39 AM | Report Abuse

:))


Bigbull99
1052 posts

Posted by Bigbull99 > Jan 9, 2020 11:55 AM | Report Abuse

oh man, so fast it jump! Didn't collect enough warrant yesterday, thought one more round drop today and top up 2nd half. looks like only UP UP now for this stock.


Sunshine88
66 posts

Posted by Sunshine88 > Jan 9, 2020 12:05 PM | Report Abuse

This is the article
ooihk899 referring
httpss://themalaysianreserve.com/2019/07/25/guan-chong-to-match-worlds-top-cocoa-grinders-in-5-years/


longranger
218 posts

Posted by longranger > Jan 9, 2020 12:18 PM | Report Abuse

"To me, the proposed floor price of US$2,600 per tonne is fair. Our business model allows us to almost fully pass the cost to our direct customers."
From GCB CEO. extracted from link @sunshine88


Agjl
4541 posts

Posted by Agjl > Jan 9, 2020 2:05 PM | Report Abuse

Sunshine88....thank you for providing the link. I knew this link and have read. M just teasing ooihk899.

He was saying that i TCLSS WHEN I Was making comment that the higher cost could be passed on to customers based on the company’s policy. Ans ask me to based on facts. May be he joined a bit too late that many facts we all talked about he missed it.

I m in since 2016, so more or less i know litte facts about GCB. But its ok...this is the forum...feel free to express....but with class . I will only smile when was told i TCLSS...:) cheers guys. Have a nice ang pao. Those reloaded congrat, those have not, still have chance...


wan7075
238 posts

Posted by wan7075 > Jan 10, 2020 6:39 PM | Report Abuse

Agjl, what is TCLSS? i still holding GCB and hope it can stand back above rm3


Agjl
4541 posts

Posted by Agjl > Jan 10, 2020 7:30 PM | Report Abuse

Wan7075.....hahahaha. TCLSS this u have to ask ooihk899....its better come out from his mouth cos i wont say this to anyone here. Ito me i dun think its nice and very much self arrogant.

Not to worry, GCB will cross 3 again when all dust setttled. It has recovered some ground since 2.70 few days back.

Of course there are uncertainties in regards to cocoa bean prices and lower tham expected upcoming results but i m hopeful. So stay cool, the figures will speak for itself soon


longranger
218 posts

Posted by longranger > Jan 13, 2020 12:27 PM | Report Abuse

i like this forum, the stock is uptrend buy quiet.

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