"To me, the proposed floor price of US$2,600 per tonne is fair. Our business model allows us to almost fully pass the cost to our direct customers."
From GCB CEO. extracted from link @sunshine88

line capacity is fully booked 6mth ago means GCB has lock in their raw material immediately when they received order. little effect on bottom line. correct me if wrong

@bigbull99, i think you are right the coming qtr is below expectation. Due to the fact that funning in full capacity i wont expect big grow vs previous qtr. However i am excited for the subsequent qtr with newly acquired business consolidate result. we should be able to see through a few qtr from now. Bargain price now.

bought some.

GCB can pass on the cost easily to customer as their capacity is full.

look at the positive side, FM is rushing to buy mother share. PE still low.

good time to top up

https://www.klsescreener.com/v2/news/view/613800

@agjl, i want to know more about gcb, could you pls contact me at my email longranger1248@gmail.com?

volume increase with green closing for 3 days, mostlikely uptrend altready started. if we have been waiting for the last 3mth flat, i see no reason to sell now.

its is too obvious, wa is better choice.

besides director, all top 30 are institution investors. not easy to fool around.

son premium is low. better hold son than mother.

what ever we guess, i believe its long term prospect as our US precident rightly said order book will jump 50% in 2020

agreed with cccc. price for son has stabilised, if mother dont move for the next 3 day then will become sleeping beauty, next wake up call could be the next qtr report

as this serba wa has no money velue now so the drop has no limit

agreed with slts.

will get 100% return when africa factory in operation. 2 yrs from now i guess.

retail guy just like you and me..are we also stupid?

only fund manager can swalliw all those wa volume.

RWKL, wish your are right , serious catching up. PE is very low at 13 if vs Dialog 33. just imaging if SD pe 20 what happen to its wa.

its combination of goreng and growth.

so we can sell at least 0.305 for now.

i believe the wa listing today or tmrw doesnt matter. keep it at least for few qtr .

remisier may make a mistake. sorry guys.

to justify wa conversion price 2.62, mother share has to be up up up...I still believe they planned for the price, not randomly plug from air. last friday volume already give some signal.

@thesteward, thanks for the facts and sharing.

@thesteward, now 2.08 soon will flip the number to your wish 2.80

remisier checked with registra, WA will list on 12Dec. one more week to go, be patient

the only sensible to convert wa when mother share is >>2.65

for investor to convert wa, mother share must perform. so management will make it attractive for wa to convert if not wont get money.

patient is the key and i see most of the member here is cool and steady..great team

growing steadily for the past few year, with this corperate exercise shouldnt go "kostan" haha..

will run after wa listing i guess. not enough market attention at the moment

I know many sifu out there, come on please share your view..

I guess for management to price wa at 30% premium , they must have Tons of confident mother share will go up significantly shortly after ex.

since the WA already price in premium 30%, how much more premium the market is willing to pay? 40%? 50%? any body have good past experient can share your view? if 40% the the warrant price will be ~20cts...50% warrant price ~40cts

Base on the announcement dated 18Nov, if last 5days ave price RM4.25, then all ex price is RM2.02. Now the ave price is ~ RM4.33, can we calculate all ex price or Reference Price by (2.02/4.25)x4.33 =2.06 ?
appreciate any correction.

yes heavy, once detonated will be a 5000MT bomb

will rerate the pe back to normal range 15~20

could be the effect from analyst briefing, big timer is working

however i guess this peak has to be at least ~ 3+

@agjl, look like it goes against our wish, too fast. there will be drastic pull back at certain peak..no good sleep

excellent !!

look like going to be beautiful closing for the day

you are right, buyer coming up

green 1 cts, bonus of the day haha

i m more than happy if close at flat 2.51 today. take a break before the next move

pe 13 or 14 is very reasonable and still on the low side.

good volume and price sustained, bigger player is coming in and GCB will move to difference but higher league.