Highlights
KLSE: GTRONIC (7022)       GLOBETRONICS TECHNOLOGY BHD MAIN : Technology
Last Price Today's Change   Day's Range   Trading Volume
2.13   -0.01 (0.47%)  2.12 - 2.15  1,445,700
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Recent Prices

Date Open Range Close Change Volume
11/06/2021 2.15 2.12 - 2.15 2.13 -0.01 (0.47%) 1,445,700
10/06/2021 2.12 2.10 - 2.14 2.14 +0.04 (1.90%) 1,442,100
09/06/2021 2.13 2.09 - 2.14 2.10 -0.02 (0.94%) 733,100
08/06/2021 2.16 2.09 - 2.16 2.12 -0.01 (0.47%) 1,256,900
04/06/2021 2.19 2.12 - 2.19 2.13 -0.06 (2.74%) 1,207,000
03/06/2021 2.23 2.13 - 2.23 2.19 +0.02 (0.92%) 1,487,400
02/06/2021 2.15 2.15 - 2.22 2.17 +0.02 (0.93%) 1,804,800
01/06/2021 2.14 2.13 - 2.21 2.15 +0.02 (0.94%) 4,112,700
31/05/2021 2.03 2.01 - 2.16 2.13 +0.04 (1.91%) 1,901,900
28/05/2021 2.12 2.08 - 2.12 2.09 -0.03 (1.42%) 1,174,100
27/05/2021 2.12 2.05 - 2.14 2.12 +0.03 (1.44%) 1,621,700
25/05/2021 2.11 2.07 - 2.14 2.09 +0.01 (0.48%) 1,463,000
24/05/2021 2.04 2.03 - 2.12 2.08 +0.07 (3.48%) 2,073,200
21/05/2021 2.05 1.98 - 2.05 2.01 -0.01 (0.50%) 1,316,600
20/05/2021 2.02 2.02 - 2.07 2.02 0.00 (0.00%) 1,201,800
19/05/2021 2.11 2.01 - 2.11 2.02 -0.09 (4.27%) 3,253,400
18/05/2021 2.11 2.08 - 2.14 2.11 0.00 (0.00%) 1,714,700
17/05/2021 2.14 2.08 - 2.15 2.11 -0.02 (0.94%) 1,580,000
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  14 people like this.
 
GooShen Proven I am excellent GooShen
When drop to 2.40 told you don’t catch falling knife everyone bombard me
Yesterday lowest was 2.03

Thick face haters now happy as price rise to 2.11 now
Kikiki
12/05/2021 9:14 AM
shearer202 Anything can happen during long holidays !
12/05/2021 9:53 AM
kl_guy look india covid situation has affected semiconduct supply. will gtronic benefit from this ?
12/05/2021 12:03 PM
SBHeng Selamat Hari Raya Aidilfitri
12/05/2021 1:47 PM
kl_guy https://www.theedgemarkets.com/article/chip-shortage-cost-automakers-us110-billion-revenues-2021-%E2%80%94-alixpartners
14/05/2021 4:12 PM
py1818 Globetronics

Highest price 3.43
Support 2.00
Support 1.85

Closing price 2.11

Verdict - Downtrend to continue if price goes below 2.11
18/05/2021 6:58 AM
Yogibear126 Tp 1.50 please
19/05/2021 4:38 PM
thesteward I believe likely to go below 1.80.
Yogi bear I think your 1.50 might hit
19/05/2021 6:29 PM
thesteward Shearer your target of 90 might hit too if Covid situation perpetuate
19/05/2021 6:30 PM
Beetles Wah sure or not, 0.90 and 1.50. Ask EPF sell
19/05/2021 8:45 PM
jolynce https://simplywall.st/stocks/my/semiconductors/klse-gtronic/globetronics-technology-bhd-shares/news/will-weakness-in-globetronics-technology-bhds-klsegtronic-st
19/05/2021 11:48 PM
py1818 *
Globetronics
Highest price 3.43
Resistant 2.11

Price 2.02

Support 2.00
Support 1.85
20/05/2021 8:11 AM
Skywalker00 If talking about normality,,, PE around 30... good ah...
21/05/2021 2:48 AM
jason007 1.5 will be good
21/05/2021 9:36 AM
GooShen Told you mar
Want listen listen
Don’t want listen then eat loss lor
21/05/2021 10:44 AM
thesteward I believe can go below rm1.&0
21/05/2021 12:46 PM
Zackmeiser Even pre covid also more than rm2. With higher earnings on digitalisation of this decade, surely earnings will be higher. Anything below rm2 is a steal. If u can stomach the near term volatility.
21/05/2021 12:51 PM
Zackmeiser Based on past 3 years earnings company managed to get something 30-35mil pat. PE 15-20. Decent price for tech stock. If the prospect is good, current price if very good entry.
22/05/2021 12:18 AM
Beetles These ppl when price at low they will aim lower, but when price move high they will happily chase it. And some will stop saying proven I am excellent Gooseshit
22/05/2021 11:43 AM
Investor1228 yeah , 2.02 i baru enter....i think im safe
22/05/2021 10:01 PM
neohts Normally for the month of MAY, market mostly down.
Then by JUNE onward market will start slowly going up. This is based of many years trend.
We still need to see the financial result of the company.
25/05/2021 9:28 AM
NewbieInvestor1 feel like rr ration is quite good for this counter
25/05/2021 12:02 PM
Ron90 it related trend..bottom olready..buy ler
25/05/2021 12:23 PM
neohts https://www.thestar.com.my/business/business-news/2021/05/27/on-course-for-a-rebound

On course for a rebound
27/05/2021 8:21 AM
27/05/2021 8:46 AM
Mr.Sm Invest123 Semiconductor-related companies have generally unveiled impressive year-on-year (y-o-y) results for the first three months of the year.

GEORGE TOWN: Globetronics Technology Bhd expects to see a rebound in its business in the second half of this year following what is expected to be a soft performance in the first six months of 2021, amid speculation that the semiconductor industry could be heading towards inventory correction.

Group chief executive officer Datuk Heng Huck Lee (pic below) told StarBiz that there had been news reports from Taiwan that some electronics device makers were anticipating an inventory adjustment soon.



“Taiwan-based chipmakers have seen some clients slow down their future orders. Some are revisiting their production plans amid weakening demand in some major markets.

“For Globetronics, the order forecast for our sensors and optic products still remains steady. Our customers provide us our forecast guidance regularly and we are cautiously optimistic with the second-half performance, ” he said.

Heng also noted that despite a foreign media report which highlighted the possibility of one of the company’s major sensor customers losing market share in certain sensors for smartphones, Globetronics has not received any official notification that any of its sensor lines will reach the end-of-life stage.

In any case, Heng expects the group’s performance for the first half of the year to be soft.

The group posted a net profit of RM12.5mil in the first quarter ended March 31,2021, a 15.1% increase from RM10.9mil a year ago. Revenue rose only marginally to RM55.4mil from RM53.9mil previously.

“The second quarter will also be soft as the shipment of our sensors is expected to decline slightly. But in the second half, we expect a rebound with improved results, ” he added.

Semiconductor-related companies have generally unveiled impressive year-on-year (y-o-y) results for the first three months of the year.



For instance, Inari Amertron Bhd’s (pic above) net profit for the third quarter ended March 31,2021 more than doubled to RM81.9mil from RM35.1mil a year earlier. Revenue grew by 41.4% to RM342.9mil on higher contribution from its radio frequency business.

Meanwhile, Unisem (M) Bhd posted a net profit of RM45.4mil for its first quarter ended March 31,2021 compared to a net loss of RM2.8mil a year ago. Its top-line for the period increased 46.6% to RM373.9mil from RM255.2mil previously.

Analysts have maintained a positive stance on the semiconductor sector as global supply remained tight.

Notably, Taiwan, the world’s leading producer of cutting-edge semiconductors, has been struggling to meet the boom in demand for chips. The recent surge in Covid cases in Taiwan may further hinder production just as it is dealing with power outages triggered by a drought.

The onset late last year of chip shortages have hobbled industries from autos to computer gaming. For 2021, the World Semiconductor Trade Statistics organisation forecasts global semiconductor sales to grow by 6.6% to hit a record high of US$469.4bil (RM1.9 trillion) thanks to increasing digitalisation globally amid the Covid-19 pandemic.

According to the worldwide Semiconductor Industry Association (SIA), Malaysia is one of the key players in the global semiconductor trade that contributes US$89bil (RM367bil) or 7% of total trade flows.

Malaysia is also the United State’s largest semiconductor trading partner – standing at 24% market share.

As a semiconductor exporter to the US, SIA noted that Malaysia is a leading hub for semiconductor’s assembly, test and packaging as well as a growing destination for semiconductor equipment and toolmakers.

Heng said the group is now developing next generation sensors for upcoming smartphones, wireless earplugs and new electronic devices which are scheduled for mass production in the second half of this year and the first half of 2022.

“The smart sensor business segment generates over 56% of our group’s revenue in 2020, and it continues to remain as a major contributor to our revenue this year, ” he added.

On Globetronics’ other business segments, Heng said its laser module, optics products and quartz timing devices were essential components or products used in specific lighting, automotive lighting and industrial automation.

The group is on track to complete the expansion of its factory cleanroom space by another 30,000 sq ft in Penang by August 2021. At the same time, Globetronics is also finalising a RM10mil to RM15mil capital expenditure to modernise its advanced sensor manufacturing operations with smart automation to comply with Industry Revolution (IR) 4.0 requirements.

“Another RM20mil to RM30mil has been allocated for further IR4.0 implementation over the next two years. We may invest another RM10mil of research and development tools to develop the next generation sensor packaging.

“The International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker had original
27/05/2021 8:50 AM
Ron90 see.. up already.. hehe
27/05/2021 9:16 AM
Ron90 i could say that we have seen the bottom of it..with latest good QR, it might fly very vey soon.
27/05/2021 9:22 AM
Mr.Sm Invest123 Hold tight
27/05/2021 10:36 AM
WinningBenning One way ticket ...up!
27/05/2021 11:26 PM
GooShen Many got trap again
Kikiki
28/05/2021 2:16 PM
soon9913 why the price keep dropping
29/05/2021 10:05 PM
ABSBOSS last year when total lockdown tech stock uptrend is it?
30/05/2021 9:39 AM
Bgt 9963 Good morning...!
30/05/2021 9:50 AM
SHQuah https://www.theedgemarkets.com/article/miti-allows-18-manufacturing-and-manufacturingrelated-services-mrs-sectors-operate-under-mco
31/05/2021 7:45 AM
Bgt 9963 Good morning...!
31/05/2021 8:20 AM
neohts Globetronics production continue without shut down during Lock Down.
31/05/2021 11:11 AM
Ron90 slowly gaining momentum for it related indistry..
31/05/2021 11:55 AM
kl_guy look like down trend is over for gtronic. market today down , gtronic still green
31/05/2021 3:38 PM
Ron90 globtronic on FIRE !!..hehe...
01/06/2021 11:45 AM
kl_guy gtronic continue on uptrend
01/06/2021 1:04 PM
jolynce Gtronic is doing so well lately. Sold some at 2.20 today and then bought back at 2.15.
01/06/2021 7:01 PM
SHQuah Dividend confirmed.
02/06/2021 6:28 PM
Ron90 end of market..always drop few cents..shit..hehe
02/06/2021 7:10 PM
Mr.Sm Invest123 1 cent interim + 1 cent Special Dividend
02/06/2021 7:20 PM
Ron90 total dividend in 2019 = 7.5 cents, 2020 = 7.5 cents. This year already 5 cents just for 2 qr. means business is good la :-)
02/06/2021 8:34 PM
jolynce sold @2.20 yesterday.. wanted to buy back lower but didn't manage to, well..just bought back @2.14. Will buy more if it goes lower. I have confidence in Gtronics with its good fundamentals. And it has given me some good pocket money in the past few days. :)
03/06/2021 3:14 PM
ivanlau Insider news, 2021 2nd half order break the record........it is a good sign for this stock......
04/06/2021 10:09 PM
Powerplay666 Will be worth collecting only after Q2 results because Q2 expected to be slow and will affect the price. After Q2 collect kow kow on second half explosion of business. I am looking at 1.80 to collect. Depends how strong the rm2 support holds
05/06/2021 1:42 PM
kl_guy gtronic shareholder and epf has been selling from March 2021 till 28April2021 . From bursa record can see that epf and shareholder has been collecting from 28Apr till today.
This show that selling is over and in accumulation mode.
With earning getting better coming month. The chances of Gtronic share price getting lower is slim. Why not collect now and wait for recovery. It is better than chasing counter that call buy from the trading sifu in the FB or telegram. You might be the victim of the their trading play.
13/06/2021 12:10 PM


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