If GT no rebound meaningfully APB will report >RM 100 million paper loss coming Sep QR; more than 60 million cash so call "hide".

GT APB does nothing? Sep QR will report >RM 100 million loss.

Speedmart everyday open? Why managers only earn RM 4K?

Govn not already mentioned no additional holiday on 17th Sep?

HSR still on? Make sure pass through Iskandar Puteri land.

Serba case different because Karim selling out but GT APB or Ooi Keng Thye yet to sell.

If APB not happy buy more GT.

Ooi Keng Thye no 1 shareholders does nothing? Can appoint me to be BOD to take care your interest.

Cash reduced because park under other receivables account. If totally gone then police report must make.

If APB want to takeover GT offer 1 APB for 1 GT maybe can consider. >10% current stake still low.

If APB want to takeover GT offer 1 APB for 1 GT maybe can consider.

GlobeTronic(GT) cash very attractive is it? Sell APB then buy GT until own 100% GT.

If APB really need GT cash please buy GT until own 100% then you qualify to say GT cash belong to you.

RM 200 million cash GT has not only APB can have. Ooi Keng Thye, EPF and other shareholders also want a share.

If net cash company already problematic how about debt laden stocks eg YTl Power or Tenaga why so many chased their stocks high?

Ooi Keng Thye as no 1 shareholder why allow this and yet do nothing? Can police or SC investigate?

Ooi Keng Thye is no1 now not APB some1 here want to spread fake news. Ooi even bought >RM 1.5 late last year.

DickyMe knew EPF bought GT >RM 1 before? If 50+ sen sell meaning our 2024 dividend sure very bad?

Iphone 16 coming soon sure GT QR bad like share price?

Ooi Keng Thye has more shares than APB why does nothing?

If let say APB misuse GT cash can shareholders sue them?

Why Mandarin article?

Tan Sri Syed Mokhtar Albukhary on margin call? Why keep dropping? Other people can kena margin call why TS exempted?

EPF if sell why up last 2 days? Maybe later you see is EPF buy how ?

No Serba Karim like selling in GT how can be same haha. I3 members really dumb. Buy cheap no but sell cheap yes. Tabung Haji is not owner.

Yesterday volume 86 million traded today even more at 119 million who buy?

Today up who is buying can haters answer? >800 counters down today.

https://www.thestar.com.my/business/business-news/2024/09/09/ee-firms-confident-about-2h24-performance

Who sell cheap nobody know but can buy cheap is good. If can return to 80 sen-RM 1, can gain >40% to 70% not good meh?

Globetronics Technology - Gestational costs from new projects to drag margins
Date:
2024-09-03
Firm:
AmInvest
Stock:
GTRONIC
Price Target:
0.97
Price Call:
HOLD
Last Price:
0.565
Upside/Downside:
+0.405 (71.68%)
Investment Highlights
We maintain HOLD recommendation on Globetronics Technology (GTRONIC) with a lower fair value of RM0.97/share (from RM1.18/share), based on FY25F PE of 19x, in line with its 5-year mean. We made no adjustments to our neutral 3-star ESG rating.
We cut our earnings forecast for FY24F/FY25/FY26F by 45.9%/27.8%/25.3% to factor in a slower-than-expected recovery in orders amid an anticipated slowdown in global economic growth.
We maintain a cautious view of the company post-results briefing. Key takeaways are as follows:

Near-term outlook for its existing business remains lukewarm as management expects weak volume loading from key customers over the next 2 quarters. Factory utilisation rate is expected to remain below 70% for the year.

Management guided that dividend payout ratio will be kept at 20%-30% of net profit as the company will conserve cash for future expansion plans. For FY24F, the company has earmarked RM45mil for capacity and capability upgrades for new segments such as medical, network/communication and automotive components.

Moving forward, management has set aggressive capex spending as the company is working on new projects which include memory packaging and light sensors for automotive segment. Management also shared that the company plans to move up the value chain by venturing into advanced packaging for silicon photonics system.

That said, contribution from new projects will only be reflected from FY25F onwards. We believe our revised earnings forecast has sufficiently factored in the potential earnings from the new segments, which partially contribute to the doubling of FY25F revenue.

With more investments being spent on these new projects, Globetronics’ margin profile over the next 2- 3 years is expected to be diluted as gestational cost from the expansions will be incurred to drive growth moving forward.
From a valuation perspective, the stock is currently trading at a fair 17x FY25F PE, which is below its 5-year mean.
Source: AmInvest Research - 3 Sep 2024
Globetronics Technology - Gestational costs from new projects to drag margins
Date:
2024-09-03
Firm:
AmInvest
Stock:
GTRONIC
Price Target:
0.97
Price Call:
HOLD
Last Price:
0.565
Upside/Downside:
+0.405 (71.68%)
Investment Highlights
We maintain HOLD recommendation on Globetronics Technology (GTRONIC) with a lower fair value of RM0.97/share (from RM1.18/share), based on FY25F PE of 19x, in line with its 5-year mean. We made no adjustments to our neutral 3-star ESG rating.
We cut our earnings forecast for FY24F/FY25/FY26F by 45.9%/27.8%/25.3% to factor in a slower-than-expected recovery in orders amid an anticipated slowdown in global economic growth.
We maintain a cautious view of the company post-results briefing. Key takeaways are as follows:

Near-term outlook for its existing business remains lukewarm as management expects weak volume loading from key customers over the next 2 quarters. Factory utilisation rate is expected to remain below 70% for the year.

Management guided that dividend payout ratio will be kept at 20%-30% of net profit as the company will conserve cash for future expansion plans. For FY24F, the company has earmarked RM45mil for capacity and capability upgrades for new segments such as medical, network/communication and automotive components.

Moving forward, management has set aggressive capex spending as the company is working on new projects which include memory packaging and light sensors for automotive segment. Management also shared that the company plans to move up the value chain by venturing into advanced packaging for silicon photonics system.

That said, contribution from new projects will only be reflected from FY25F onwards. We believe our revised earnings forecast has sufficiently factored in the potential earnings from the new segments, which partially contribute to the doubling of FY25F revenue.

With more investments being spent on these new projects, Globetronics’ margin profile over the next 2- 3 years is expected to be diluted as gestational cost from the expansions will be incurred to drive growth moving forward.
From a valuation perspective, the stock is currently trading at a fair 17x FY25F PE, which is below its 5-year mean.
Source: AmInvest Research - 3 Sep 2024

Latest TP RM 0.97.
https://klse.i3investor.com/web/pricetarget/research/72569

Is it because of investment in new product(to counter sales drop)?

zoizai

From last qr- Other receivables, deposits and prepayment ballooned to 65m

Cash reduced

Ex owner Ng Kweng Chong if buy back(because cash rich with RM 140 million selling at RM 2) can silence all critics.

Stock market players also like CEO Ms Tee? Buy high sell low to make money?

RM 1+ why CEO Ms Tee did not sell but at 34.5 sen?

If want to compare with CEB Ng Kweng Chong(ex-owner) is smarter then Ms Tee selling at RM 2(almost peak) unlike Ms Tee sell near bottom so which company you prefer?

CEB(some1 compare with GT) has CEO Ms Tee selling at 30+ sen but Ooi Keng Thye not selling how to be like CEB?

Market is bad today yet Gtronic can rebound plus no 1 volume.

Now rebound who is buying?

Who spread fake(pasar malam) news belong to 90% who lose in stock market.

So is common practise(to change auditor) not trouble like Serba many mentioned?

Who buy high like APB at RM 2 is not good.

Ooi Keng Thye is no 1 not APB haha.

Other shareholders of Globetronics include Ooi Keng Thye with a 11.39% stake, Lembaga Tabung Haji with 5.36%, and the Employees Provident Fund, whose stake has been reduced to 5.28% at the time of writing, from 13.26% at end-March.
https://theedgemalaysia.com/node/726185

If Edge news true now no 1 shareholder not APB.

paulthesotong

Ooi Keng Thye Who"s?

19 seconds ago

Who trap >70, 80 sen please call Ng Kweng Chong if he still don't know Gtronic news.

Ng Kweng Chong knows about Gtronic >30 years unlike APB < 1 year.

Ng Kweng Chong(founder some1 said) why cannot buy back?

>RM 1 EPF bought before why not buy more <60 sen logic?

EPF buy more today also possible. Gtronic still the cheapest among EPF tech stocks.