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

Reload warrants

Cashed out

Bosses already cashed put....

Yohoo!!!! Reload 2.85

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

Will wait....

Reload below 2.90

https://www.scmp.com/lifestyle/food-drink/article/3044422/why-budget-airline-meals-dont-work-ground-air-asias-asean-menu

Dividends in today

Smokingweeds....someone just spreading news to have reasons for others to panic profit taking and unload. Crisis for some, opportunities for some as well. To me, i m not moved at all. Stay cool

Kilady....just 3rd day of 2020 aja. Anyway its dropping now let u have chance to top up. Dun say dun give chance:)

Kilady....dia ni sudah kuat pecut for months....its tome to slow down and rest a bit...it deserves a rest...for longer meaningful journey...

Wait for q results to move price a bit. Then come may price move a bit after completion of scho. Perfect dream..

Poaition first, then actions

Lost control of India, wats next?

Collin soo...to answer your question, u can read last weekend Edge or Focus. There was an article on GCB. The title is “the growth story with strong fundamental”. So i would say its a growth story and expect earnings to grow inthe next few years. The rest is your guess as good as mine. Cheers

So the acquistion of sch is done at 20x per if impute profit of 40m based on 5% margin on 800m turnover

SC chew...ur earlier calculation on forward PER of the acquisition if i may offer my humble opinion there seems yo be a little mix up with the figure.

On your last paragraph of diving the number u stated 138/40. It shld be 800/40. Cos the 138 is in EUR and the 40 is in ringgit. Shld it be 800/40=20x per.

Corret me if i am wrong.

Dun think AA will get the digital license. Too many qualified but yet to squeeze in

Smalltimespeculator.....somehow i do agree with u....big sharks and big holders already cashed out wth big dividends....they can wait for few years more while price stay tis way range bound

Lost controlling mgmt in India, wat now?

Q4 ens of Jan?

88next....id i remember reading it from the boss, they do hedging and also pass on some to customers. If i remember correctly

Enning22....u r right. No point keep reciting the same thing over and over again. Its kind of annoying, i so agree. Forgive me sometimes when i see impossible keep happening over and over kind of get excited and emotional.....hahah i guess better have better control of myself.....

Its more beneficial to share something new and unknown in this forum or else will be seen as self glorifying and self praising. Thanks for pointing that out...

I will try to contain my joy if it goes up again and not talking abt the past:)..... cheers!

Enning22....u are absolutely right! Shld keep my mouth shut and rejoice quietly.

My aplology if had offended you...

888next....thanks bro. Like i mentioned, have been in since 2016. And gone thru the ups and down and also thru balls shrinking moments....

888next....mother and warrant all been collected

Thats why volume higher. Everyone diam diam collecting warrant

If one expect mother to be 3.60 within few mths, one will buy into warrant which give better return in terms of percentage. 3.60-1.65=1.95 warrant price.

However, lets not get too excited and too optimistic. Along the way, expect road bumps....so be prepare for it....nothing comes free and cheap

Sc chew....if based on 28sen eps, 13x PER will be 3.65. If PER, it will be 4.2.

I think 13x is fair. Thus 3.6 easily. And warrant shld be 1.95 with zero premium.

Warr broken 1.60 . Lets hope it stay above. I would expect warr to be worth ard 1.8-1.85 over a period

Slow and steady...slowly creeping up towards the completion of schro...

The latest bonus shares will create liquidity

Bizztbone.... bear in mind gcb is a very much underowned stock in bursa especially funds

Lets see if war cab break new level above 1.6

However it is, it seems more pros than cons to continue holding GCB. I would say, 3.50 shld be withinn 3 mths time. To be honest, i may be a bit bias in my feeling that, it may go to 4 after more finacial datas avail for schen(if there are positive lah)

Of course these are just the positives ans optimistic scenario. I m sure along the way, market conditions, and other uncontrollable factors will pose risks to GCB’s plan.

And must not forget, schen operation is currently constraint by tight capital and higher raw material cost. With the intro of GCB into it, more capital will be injected for operation yo bump up production and garner more market share, and same time GCB in house raw material will provide competitive edge which may improve margins. A scenario of higher turnover and improving margins

If the report holds true, i quote” schen is in net cash flow position and annual turnover of EUR175m, which is abt RM800m. Lets say 5% net profit, that will translate into 40m to the bottom line. Of course this calculation is too simple cos along the acquistions, there are also other cost incurred, ie finance cost, capital injection cost and etc. but the end is EPS enhancing.

Investortrader88....yes, the ivory coast is another impetus for growth. But i wil see that ikpact to be a bit slower cos the plant will only start commisioning come 2021

The most immediate will be the completion of the scher acquisition which is expected to be completed by first q of 2020, which is 3-4 mths away

Investortrader88....sure bo bro 3.50 u enough? Later after finalised acquisition of the german company more financial details will be avail. This will prompt research house to up TP again. Nanti u regret lor

Merry Christmas, everyone! Lets be thankful and be blessed!!!

Today close 3.20 is dificult. Just hope not last minute selling towards the end

Investortrader88....i try not to be greedy bro. 3.5o is enough liao

Investortrader88.....virgin3.2, virgin3.3, virgin3.4 and virgin3.5!

Investortrader88....there wil be few more virgins to hreak...

Cheers guys and gals!!!

I quote”Schokinag’s annual turnover is about EUR175m” unquote(STAR PAPER)