KLSE: KPPROP (7077)       GSB GROUP BHD MAIN : Property
Last Price Today's Change   Day's Range   Trading Volume
0.63   0.00 (0.00%)  0.595 - 0.64  56,300
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Market Cap: 126 Million
NOSH: 200 Million
Avg Volume (4 weeks):100,895
4 Weeks Range:0.595 - 0.70
4 Weeks Price Volatility (%):
52 Weeks Range:0.175 - 0.945
52 Weeks Price Volatility (%):
Average Price Target:-

Financial Highlight

Latest Quarter | Ann. Date 30-Jun-2020 [#1]  |  28-Aug-2020
Next QR | Est. Ann. Date: 30-Sep-2020  |  25-Nov-2020
T4Q P/E | EY: 7.90  |  12.65%
T4Q DY | Payout %: 0.00%  |  - %
T4Q NAPS | P/NAPS: 1.245  |  0.51
T4Q NP Margin | ROE: 10.78%  |  6.40%


Date Subject
20-Apr-2020 Property Developers - Tempting Privatisations
24-Dec-2019 PublicInvest Research Headlines - 24 Dec 2019
24-Dec-2019 Mplus Market Pulse - 24 Dec 2019
02-Dec-2019 Technical Buy - GSB (7077)

Business Background

GSB Group Bhd is an investment holding company. It is engaged in property development of residential and commercial properties and manufacturing and replication of optical discs. The Property development segment engages in property development. Its products include residential landed properties, serviced apartments, and commercial properties. The Manufacturing segment includes manufacturing activity of optical discs such as Digital Versatile Disc (DVD), Audio Compact Disc (ACD), Video Compact Disc (VCD) and CD-ROM. It operates its business in Malaysia.
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  6 people like this.
HowAh Dead
19/12/2019 11:48 PM
Jeffreyteck Congratulations for LT investors as....GSB Group Bhd, which has been loss-making for the last six consecutive years, expects to turn profitable in the current financial year ending March 31, 2020.

Bad news is don't expect for dividends as "We are planning to use our funds to expand our core business first before announcing any plans for future dividend payouts".... Majority SH needs to eat, minority SHs just need to drink water. Lol. Good luck.
23/12/2019 8:33 PM
Samtuckfatt KUALA LUMPUR: Property developer GSB Group Bhd, loss-making for the last six consecutive years, expects to turn profitable in the current financial year ending March 31, 2020 (FY20) driven by sales contribution from its three ongoing property projects.

After its extraordinary general meeting (EGM) yesterday, GSB executive chairman Datin Toh Siew Chuon told reporters that the group’s strategy is to continue focusing on residential property development. However, if there are opportunities to venture into other types of developments, GSB would explore them.

Toh is one of the group’s three major shareholders; the other two are her husband Datuk Tee Eng Ho, also Kerjaya Prospek Group Bhd chairman, and Eng Ho’s brother Tee Eng Seng, GSB executive director.

GSB’s three main ongoing projects — all asset injections from the main shareholders — are Bloomsvale, a mixed development in Jalan Puchong and Jalan Klang Lama, Kuala Lumpur; Straits Residence, a 30-storey serviced apartment and commercial tower in Seri Tanjung Pinang, Penang; and Kaleidoscope — four 25-storey condominium blocks in Setiawangsa, Kuala Lumpur — with a cumulative remaining gross development value (GDV) of RM1.74 billion.

Together with the group’s two other existing projects, the total GDV is RM2.1 billion. This, Toh said, will keep the group busy until 2024.

“We are very positive about all of our projects,” said Toh, but added that the property market remains challenging.

Toh declined to reveal GSB’s target sales for the year, saying “there is no proper guidance for now”. However, she disclosed the Bloomsvale project’s Tower A is 40% sold, and the Straits Residence and Kaleidoscope are 30% and 93% sold respectively.

Historically, the group has been recording some RM20 million in sales annually, excluding the assets injected.

GSB’s net loss, at RM1.81 million for FY14, rose thereafter to RM2.21 million for FY19. For the cumulative six months ended Sept 30, 2019, its net profit was RM1.35 million versus a net loss of RM2.22 million a year earlier. Its revenue was down 6% to RM24.23 million from RM25.87 million.

According to GSB’s circular to shareholders issued ahead of the EGM, the group’s total land bank is 220,749 sq m, of which only 30% is used.

Asked if the controlling shareholder, also Kerjaya Prospek’s major shareholder, would consider merging the two groups, Toh said they have no such plans for now.

“The intent is to have two separate distinct businesses whereby Kerjaya will continue to do construction only and GSB to focus on property development. We want to ensure no overlapping of strategies.”

Toh also said GSB had yet to declare any dividend payouts. “We are planning to use our funds to expand our core business first before announcing any plans for future dividend payouts. All shareholders, including us, like to have dividends, but we will only announce or declare dividend payouts after the company settles down.”

GSB’s share price closed 1.5 sen or 8.571% higher at 19 sen yesterday, valuing the group at RM104.96 million.
25/12/2019 11:14 PM
Samtuckfatt Proposed Change of Company Name


Remarks :
Reference is made to the announcement on 27 November 2019 in relation to the Proposed Change of Name of the Company.

The Board of Directors of the Company wishes to announce that the Company has on 27 December 2019 received the Notice of Registration of the change of name of the Company dated 26 December 2019 issued by the Companies Commission of Malaysia.

Accordingly, the name of the Company has been changed from "GSB GROUP BERHAD" to "KERJAYA PROSPEK PROPERTY BERHAD" with effect from 26 December 2019.

This announcement is dated 27 December 2019.

Announcement Info
Stock Name GSB
Date Announced 27 Dec 2019
Category Proposed Change of Company Name
Reference Number C05-26122019-00001
Corporate Action ID MY191226CHAN0001
29/12/2019 10:24 AM
Kungchuiping Angela base on kerjaya order book is looking good ,gsb should got project especially project at penang.now price is moving already ,i wait pull back.
29/12/2019 4:32 PM
paperplane I like the Oldklangroad project, nearby my house. Puchong towards KL area, very prime location.
02/01/2020 2:48 PM
Samtuckfatt Papaerplane, it's in good location & good pricing ? Because the take up rate for Tower A only 40% according to Mgmt.
03/01/2020 4:50 PM
paperplane GSB集团1303万令吉 收购旧巴路地皮
拿督郑荣和领导的GSB集团(GSB 7077)易名为KERJAYA产业後,企业动作频密,该公司宣布收购吉隆坡旧巴路和蒲种路交易处地皮,共值1303万令吉。




09/01/2020 12:20 PM
paperplane Old klang road no problem lah. Super good location
09/01/2020 12:21 PM
Samtuckfatt Will kerjaya prospec acquisition of infrastruture co help Kerjaya prospect property ?

12/01/2020 11:12 AM
Diego2020 what happen to this counter? over 900million share acquired
13/01/2020 6:11 PM
joyvest what the hell is going on ?
14/01/2020 11:28 AM
joyvest can i advise your something ?
14/01/2020 12:02 PM
joyvest dont tarnish my good name with her
14/01/2020 2:49 PM
sklim What happens ? I brough 0.18 now 0.8. If I sell now mean earn ?
31/01/2020 1:21 PM
Fong Kh Meaning you lose 0.02
13/02/2020 10:37 PM
sohailar 0.18*5shares=0.90-0.80=0.10 u loss
16/02/2020 12:09 PM
paperplane wait and see! low int to be lower, prop sale continue good. RM2 for me longterm
20/02/2020 5:20 PM
ckh823 Get ready... Seem going to get award some projects soon
05/05/2020 12:34 PM
Ally Yee Min Ong Seems like engine warm out?
29/05/2020 3:28 PM
paperplane property sector recover
04/06/2020 8:37 AM
Ally Yee Min Ong Kerjaya take over GSB at 85sen. Price still stay at 50sen. Obviously undervalue hidden gem. Kerjaya already injected 2.1 billions projects in GSB. Despite MCO period, but their projects take over rate quite impressive.
04/06/2020 11:40 AM
2323 这公司睡了这么久,我都忘了我有这家公司....qr 美美,是时候展现飞天了....
26/06/2020 7:04 PM
funny2331 Great result. Accumulating this few months. Will be fruitful soon.
26/06/2020 7:06 PM
ayamSG https://www.tradingview.com/chart/KPPROP/4B1BPA3H-KPPROP-Weekly-and-Montly-Major-Support-Zone-0-725-Soon/
27/06/2020 9:45 PM
paperplane shhhhhhhhhhhhhhh,let it sleep ok.
06/07/2020 1:41 PM
paperplane Wah, old klang road selling like hot cake. Saturday, Sunday full of cars
18/07/2020 4:32 PM
VenFx Hehe
18/07/2020 4:36 PM
funny2331 Buckle up
07/08/2020 11:27 AM
crown88 what happen
07/08/2020 11:30 AM
funny2331 Sleeping beauty has awaken
07/08/2020 3:29 PM
Ally Yee Min Ong Kpprop worth at least RM1.80
07/08/2020 3:33 PM
crown88 no volume one la.
07/08/2020 3:54 PM
funny2331 Sure no volume, most of investor focusing their share on gold and glove stock.. but I’m accumulate quite many at 0.48-0.49. It definitely will go higher than current price
07/08/2020 4:02 PM
paperplane wow, ally yee min, how you get that, same as mine....TP 1.80....
but my longterm is RM3 level ,just like how KERJAYA grow in longterm, give it 5yrs at least loh
10/08/2020 9:08 AM
goupgoup888 possible to take private ?
10/08/2020 12:16 PM
paperplane2020 ALLY beauty and smart. This stock confirm >100% if you have patient. OLDKLANG ROAD sold like HOT CAKES!!!
10/08/2020 1:49 PM
paperplane2020 wont privatise lah, no Kerjaya boss style.
10/08/2020 1:49 PM
10/08/2020 2:24 PM
Ally Yee Min Ong Kerjaya just take over GSB last year. Now you talk about privase? No way. Kerjaya take over GSB at cost above RM0.17 per share (before consolidated). At of now, the price still extremely undervalue.
11/08/2020 10:14 AM
funny2331 Thanks kpprop! 40% gain
11/08/2020 5:40 PM
funny2331 Financial result is out
28/08/2020 6:02 PM
28/08/2020 6:48 PM
paperplane Owner still keep buy in everyday
Salute lah
02/09/2020 11:41 PM
paperplane 这个股有点猛!。。。。。难怪owner 一直扫。单看cashflow就知道它有几猛!我都开始怀疑自己。。。。。。
03/09/2020 9:00 PM
22/09/2020 1:35 PM
goupgoup888 oh no bearish movement ?
20/10/2020 10:58 AM
goupgoup888 what happened ? can someone give your vies ??
28/10/2020 10:26 AM
Morpheus61 https://imgur.com/4NvuO85

RM 13.5 BILLION !!! NOT ENOUGH for the IB's ???
28/10/2020 10:26 AM
28/10/2020 10:46 AM

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