BrutusQR out. QoQ is better but YoY still some way to catch up.
23/08/2021 5:55 PM
Shadow FiendJust sold, not comfortable with its balance sheet and very poor cash flow.
24/08/2021 11:31 AM
pinnaclegrade@Shadow Fiend can elaborate further? any interesting findings.. normally GCB would need to do rights issue or private placement to fund their growth
24/08/2021 12:29 PM
newbie2828i thought their cash flow is good and cash on hand is increasing
2InvestI also have just sold 50%, but Q to buy again at lower price if there are seller(s). Current quarter result is not convincing.
24/08/2021 5:15 PM
newbie2828GCB is not hotstock, for long term game, at least 3yrs to see its full potential.
24/08/2021 7:05 PM
2InvestI do agree with you @newbie2828. Time will show the company potential. Just that personally I have some concern. Sold another 50k shares today
25/08/2021 5:11 PM
newbie2828clearly people are collecting as the expansion plan is getting closer + travel open up in europe. ivory plant will also improve freight cost drastically, all positive factors waiting ahead .
26/08/2021 12:39 PM
Derrick GanBreakout 2.90 and toward 3.00 again. Good sign
2InvestGood for everyone. Set to clear all at 3.++ & buy at 2.++. Boss is converting WB to mother shares at 1.65. Can't expect any lower than that unless massive market crash happen.
Ivory is expected to be completed by 1Q2022. Result will only be reflected on 2nd or 3rd quarter if everything is on schedule.
Cheers!!!
26/08/2021 6:42 PM
gemfinderThx for those selling last few days. Now no more kacau to go up. Hahaha
26/08/2021 7:08 PM
Fabien _the efficient capital allocatorGCB is a proxy of post covid recovery play. With EU & US borders opening up for tourism, expect certain levels of pent-up demand to boost recovery.
GCB is 4th largest cocoa grinder in the world. Current market cap is 3bil-ish, trailing PER is around 18x.
With Ivory Coast commissioning expected in 2H2022, they are in a sweet spot to ride the recovery.
31/08/2021 7:32 PM
Fabien _the efficient capital allocatorTheir acquisition of SCHOKINAG in January last year allows them an immediate access to the European market. The Ivory Coast expansion is targeted to increase sales..about half of grinding capacity to be supplied to SCHOKINAG.
wallstreetrookieConsumer discretionary set to outperform as a result of possible rate hike as early as Q2 2022
17/09/2021 7:46 AM
2InvestStill very much subject to Tay's family if they are willing to dilute % of shareholding. Olam definitely will send someone to the BOD that's 2nd. It will be very interesting if terms from Olam want GCB solely sell GCB products to Olam, so Olam may have a chance to overtake BC.
Of course the most important question is the price offer irresistible.
EVEBITDAwhy is the warrants lagging behind. great discount.
17/10/2021 11:03 AM
Fabien _the efficient capital allocatorAccording to Fortune Business Insights, the global organic cocoa market size was USD 532.45 million in 2020. The market is projected to grow from USD 570.95 million in 2021 to USD 942.57 million by 2028, exhibiting a CAGR of 7.42% during the forecast period.
2InvestYup. Price is reasonable now. & for warrant lover can consider also. Now at 99 sen + convert to mother share 1.65. Cost at 2.64, which is 2 sen lower than today's mother share closing price.
