Highlights
KLSE: GLOTEC (5220)       GLOBALTEC FORMATION BERHAD MAIN : Industrial Products
Last Price Today's Change   Day's Range   Trading Volume
0.355   0.00 (0.00%)  0.00 - 0.00  0
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IPO Info

Key Data:
General Retail Institutional
Offer Period
Opening 25/05/2012 - -
Closing - - -
Price
Issue Price 0.12 - -
Par Value 0.100 - -
Units 5,273,646,248 - -
No of Shares
Public Issue - View RemarkNo of Shares - Public IssueOn 29 July 2011, the Company made simultaneous offers (“Offers”) to acquire the entire businesses and undertakings, including all assets and liabilities, of Jotech Holdings Berhad, AIC Corporation Berhad and AutoV Corporation Berhad (collectively known as “Target Companies”) (“Proposed Acquisitions”). The aggregate offer consideration of RM632,837,547 for the Proposed Acquisitions will be wholly satisfied by way of the issuance of 5,273,646,228 new ordinary shares of RM0.10 each in the Company. - -
Offer for Sale - View RemarkNo of Shares - Offer For SaleThe Offers constitute a single consolidated offer for the purposes of achieving the merger of the businesses and undertakings of the Target Companies. - -
Private Placement N/A - -
Time Table
Allotment Date - - -
Listing Date 31/05/2012 - -
Issuing House N/A - -
ISIN Code MYL5220OO008 - -
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  27 people like this.
 
flyby Smells like a private plan behind the curtain. Placement price too low. NGY price came down to satisfy low price. Been waiting for pod for so long, selling price would be much higher if waited for pod. How convenient for some. Decision makers decide for whose benefit? 80% directors for Saujana who holds 51% stake??? Why sell 51%, there would be investors who may be willing to buy at higher price for minority stake considering everything is in place except for the pod.

Surprise attack using shock tatics. RAT is presented as a warm and trustworthy furry creature by the board.

Still 25% of profit is very good considering the size of CBM reserves. Glotec is also doing well in the other fronts. Perhaps there may be some who may feel cheated by the smiling faces of the board of directors. The chairman has a nice smile and honest look.
02/04/2019 6:09 PM
flyby Socialize the risk (Glotec), privatize the profits (Saujana) may apply here, who knows, not me. However, I'm sure some do.
02/04/2019 6:21 PM
Leoleo R u joking ? Doing well wat biz ?

Still 25% of profit is very good considering the size of CBM reserves. Glotec is also doing well in the other fronts.
03/04/2019 8:24 PM
CrapTree nuenergy everday need capital injection.... money pit.... juz more is payout for Director feeeeeeee
16/04/2019 5:11 PM
ikah2000 lamanya perlu tunggu
29/04/2019 8:39 AM
Depeche Well done...marginal increase in profit...it has proven that some companies who opt for reverse split are truly confident of their future performance....reverse split should not be dismissed as a bad move.
24/05/2019 5:23 PM
tkl88 Anyone know previously Glotec price only 0.025
Now how come price is 0.44 ?
Is it from 0.025 direct spike up to 0.44 ?
=> 0.44 - 0.025 /0.025 * 100%
= 0.415/0.025 *100%
= +1660%
An increase of 1660% !!!
25/05/2019 9:35 AM
Johnsonlee Glotec performance improve a lot. PE 18.72 and NTA 0.953. Worth buying now. Great job to the management.
27/05/2019 12:10 PM
劉尹光 yeah! i see improvement in financial report as compare to corresponding period... Glotec claw back and alive soon..
28/05/2019 9:08 AM
ikah2000 performance improve, but still stock price no up
29/05/2019 7:15 AM
jm3525 tkl88.. the share being consolidate..
12/06/2019 2:03 PM
tkl88 i see... no wonder la... thanks jm3525 !
27/06/2019 11:48 AM
jm3525 aiyo.. even consolidate also cannot go...
12/09/2019 2:21 PM
WY Chan slowly n surely going back to 4sen
13/09/2019 5:05 PM
maya1301 coming back to 0.60 soon
SELL!! SELL!! SELL!!
03/10/2019 10:51 AM
Valueinvestor7 why sudden surge?
03/10/2019 10:52 AM
maya1301 Dont ask..just do it
03/10/2019 10:56 AM
ktsk88 from their last 4 qtrs the net profit is on the uptrend except the 4th one where there is impairment of assets written off resulting in losses for the 4th qtr.

Going forward, i foresee a net profit of 3mil per qtr or 12mil per annum.......just my opinion.
03/10/2019 11:01 AM
maya1301 Yes you got it almost right.
Operator done collecting below 40sen. TP rm1 end of the month
03/10/2019 12:21 PM
Valueinvestor7 going holland again
04/10/2019 11:24 AM
sell Very high price for loss making ctr. Sell and wait 20 sen.
09/10/2019 4:42 PM
WY Chan yeah.... maya say RM1 end of the month.... yeah... yeah... wakakaka
25/10/2019 6:20 AM
WY Chan yes.... two days before month end.... are we there yet???
29/10/2019 1:51 PM
WY Chan wakaka....
03/11/2019 11:17 AM
WY Chan gua pasti tuju...
11/12/2019 9:23 PM
ubaL taM Geletek
17/12/2019 12:40 PM
jm3525 with this price below 40sen it will be same with below 2sen before consolidate
05/01/2020 10:30 AM
WY Chan cny is juz around the corner.... heng ong huat
10/01/2020 4:13 PM
WY Chan are we there yet???
21/01/2020 1:48 PM
maya1301 accumulation 0.35-0.365
going north or south???
21/01/2020 2:36 PM
Johnsonlee Glotec start moving..... can accumulate now.
28/01/2020 11:42 AM
jingming8154 john ? are you sure ?
28/01/2020 7:02 PM
alant812 start the engin
29/01/2020 8:20 AM
Johnsonlee Highest 0.475.
29/01/2020 9:53 AM
Valueinvestor7 any reason for the spike?
29/01/2020 10:06 AM
Clear1691 Ya, wonder why resistance breakout
29/01/2020 11:50 AM
Clear1691 another connected wit corona virus?
29/01/2020 11:52 AM
Johnsonlee Mad bull virus ...ha ha.
29/01/2020 4:54 PM
jingming8154 alan, are you insider ?
29/01/2020 5:10 PM
leicha09 Any expert or sifu here ? Price 0.355 can buy in ?
03/02/2020 2:53 PM
flyby buy...
04/02/2020 2:35 PM
alibaba123456 seen proton cars get back the user market ..... Glotec will get more benefit lol
05/02/2020 10:36 AM
flyby Buy glotec because the downside is low. Downside is protected by their manufacturing growth. However the main reason to buy glotec is because their upside can be explosive. The reason is that their coalbed methane potential is very good. They have applied for POD1 about 2 years ago. The indonesian govt is in the process of cleaning up their licensing procedure. Once the POD1 is approved, all the current revenue stream of glotec will be very small compared with the revenue from cbm. Cheers.
05/02/2020 1:33 PM
alibaba123456 @flyby ...... Cheers ...thanks for your information ..... Accumulated and steady ....
05/02/2020 9:16 PM
flyby Coal bed methane (CBM) is a clean and renewable energy source that most people have never heard of. ...
06/02/2020 6:31 PM
enjoe Please!!!! Be careful of flyby,

you can notice, all this while he only talks about glotec..
06/02/2020 8:48 PM
flyby mmm...
06/02/2020 9:21 PM
Shines Promoting isnot so bad la, TDM bastards red flag all negative coments and deleted, leaving only their groups comments
08/02/2020 11:48 AM
jingming8154 Flyby who ?
13/02/2020 9:47 PM
WY Chan knn glotec.... cbm destroy forest
16/02/2020 12:42 AM


 

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