EPF,the second largest shareholder, must have got fed-up with this company's performance and they has been persistently selling down for the past two years. For the 3rd quarter, Shell suffered a loss of 50sen/share mainly because of plant shutdown for 44 days for the purpose of Mandatory Maintenance. The revenue had also dropped 50% for this quarter. If not for this event, Shell should be able to record a good profit like Petron did in 3rd quarter. For Petron, it is their turn to carry out this Mandatory Maintenance shutdown in the 4th Quarter. So, it is wise to take profit on Petron now and switch to Shell. Remember, Shell made a huge profit of abt 130sen/share in the 2nd quarter 2015.

Fully agree with CalvinTang. Just bought this counter at 1.16. J.Tiasa It is already one of the largest palm oil producers in Sarawak. Its output is almost double the combined output from his father's(RSawit)and sister's plantations(Subur). If the Tiong family were to merge all their palm oil plantations,they will probably end up as the six largest palm oil producer in Malaysia,just after IJM. This company has got a bright potential without doubt.

GCB-W : record volume at 16.4M morning session

GCB has breached the Warrant conversion price of 1.34 at noon time.

GCB-W ...high volume-3.8M, +3sen
GCB .. +10sen on 1.2M vol

yes, Baji... it will be even sweeter and more tasty in coming years..

GCB is the world's 3rd largest cocoa processor, with a revenue of RM1.82 billion for 2014. Up to Sept.2015,it has already recorded revenue of RM1.727 billion. So,it will be the first time ever the company hits more than 2 billions in revenue in 2015.(the revenue in 2007 was only RM464 millions).Considering that the market cap of GCB is only about RM560 millions (based on today closing price),the earning potential is huge. The average profit margin for FY 2010 -2012 is around 8.5 %.If the company can achieve this margin for next few years,we would expect EPS of not less than 35sen/share(based on revenue of RM2 billions).GCB is already showing sign of a strong turn around in the 3rd Quarter this year with an EPS of 4.55sen/share as compared to -2.78 sen/share in 2014 and 0.1 sen/share in 2nd Quarter 2015. The profit margin for the 3rd Quarter is only about 3%. Just like the palm oil refining industry in this country,cocoa grinding industry is also subject to the cycle of fluctuation of commodity prices. Let's hope GCB has finally recovered, after 6 quarters in the doldrums with only marginal profits/losses. It would be great turn-around story.

revenue for the 4th quarter may drop drastically because the 7-8 weeks mandatory maintenance shutdown in this quarter as happened to Shell in the 3rd quarter and resulting in a loss of >50sen/share for Shell. Better to take profit in Petron and switch over to Shell.

GCB-W High volume today, 2.9M done, up to 0.065

ssChong, good thing that you've sold your GCB shares before it got into the current doldrums. You can get the same shares much cheaper now. Do not let sentiments side-tract your investment decision. The company must have some valid reasons for not going ahead with listing in SGX. JB Foods(JB Cocoa), owned by a close relative of Guan Chong, went ahead and list in SGX at around the same time,and the company did so badly that it had to call for a right issue and then a share consolidation of 3 into 1. So it is actually a blessing in disguise for GCB. Buy now while it's still cheap and wait for the turn-around over the next few quarters.

GCB-WA: expiry - 16Feb 2016

It's time to have a re-look at GCB, the 3rd largest cocoa grinder in the world with revenue of over 2 billions.It is showing sign of a strong turn-around in the 3rd quarter,with reported EPS 0f 4.55sen as compared to -2.78sen in the same quarter 2014 and 0.41sen in the 2nd quarter 2015. Before this,it has been struggling with marginal loss/profit in the previous 6 or 7 quarters.In the recent 3rd quarter,it reported revenue of RM708.8 millions & net profit of RM21.4 millions,which represents a profit margin of only abt 3% as compared to the average margin of 8.5% for the years 2010 to 2012.The revenue for the 1st 9 months 2015 is already 1.727 billion. If the company can re-achieve margin of around 8.5% for the next one or two years with the revenue of more than 2 billions,we are talking of profit of at least RM170 millions or EPS of 35sen. THIS COULD BE A GOOD TURN AROUND STORY!

At the AGM in 16June 2015, the board agreed to look into the possibility of extension of warrant and may consider new issue to replace the expiring one if extension is not allowed by Bursa.

attended GCB's AGM on 16June 2015; issue of extension of warrant was raised by shareholders. The board agreed to look into this matter,including possibility of new issue to replace the expiring one, if extension is not allowed.