this company first time into property dangerous a bit.as for pmcorp no hope already. trade will be dormant for some time.I'll check this grandflo maybe buy some after my vacation. this month window dressing and 1st week '14 fund manager will readjust portfolio.
i still hold pmcorp at 0.275 and re-adjust couple of my portfolio and add GF (GrandFlo) to my current holding beside Hexza, Homeriz and PMCorp.. who knows , makes money?
.. to me why GF?
1. price seems "stable" at 0.260-0.270 I bought at 0.270 .. 2. it just rebound after weeks of kissing 30cent 3. the "feel" almost similar like pmcorp although business core is different. 4. this guy doesn't fluctuate that much .. almost a straight line but it's UP .. reading all the comments and check other web info, company announcement all seems decently ok furthermore from 0.260-30cent not that far.. almost solid at 26cent .. 5. overall the chart up and overall past years seems to be "profitable" through odd events not through his gains .. -e.g waiting for money from court case outcome , disposal of other holdings etc etc and recently just venture into property , the other guy has land under his belt.... so conclusively, can say GrandFlo seems to be ok lah for mid term ... 2014-2015 ...
that's my view maybe someone can come with FA/TA analysis.. I am not expert in FA/TA
Typically, on the local front, the group collaborates with MNCs (multinational companies) such as Coca-Cola and British American Tobacco and with the government-related sectors (Road Transport Department, Pos Malaysia Bhd and so on) and it hopes to captures the same markets overseas.”
Besides strengthening its presence in the local MNCs and government-related sectors, the group was also expanding its businesses to Hong Kong, China, Thailand, Singapore and Vietnam.
-- old news but it gives good insights - clientele: pos Malaysia, RTD, etc etc - incl coca cola and BAT .... Its products and services are employed by multinational corporations, retailers, financial institutions and government-linked bodies across a range of industries, including manufacturing, logistics, warehousing, fast moving consumer goods, and healthcare
@mikekong55: this guy p/l sucks but last few report seems ok.. who knows turnaround? especially with cash rich after dispose other holdings etc?? my 2cent punt..
@mikekong55: other positive notes, dividend, shares buy back, and more acquiring , almost no disposal also.. less swing .... a bit bearish at this current trend but... it's UP nonetheless ... what say you, sifu mikekong55? tell me something ! thanks
Date of buy back 03/12/2013 Description of shares purchased Ordinary Shares of RM Currency Malaysian Ringgit (MYR) Total number of shares purchased (units) 38,000 Minimum price paid for each share purchased ($$) 0.260 Maximum price paid for each share purchased ($$) 0.265 Total consideration paid ($$) 9,895.01 http://www.bursamalaysia.com/market/listed-companies/company-announcements/1482289
yes. good start! this GF forum like AyamTua own personal blog.. since I'm talking alone.. hehehe.. takpa.. cakap sorang lagi bagus.. layan gila sendiri.. heheheheh ahahah
granflo - stagnant karyon - stagnant keladi maju - havent see price yet xdl - down bit skpres - down bit iris - start moving daya - down a bit knm - start moving
all cheap long term potential counters good or bad decision making up to own luck!
better hope than amedia, frntken, ra, dbe , csl etc at least - in a sense!
Its slowly moving up. Perhaps, customers using their products and services need to be updated for GST. Just one year to go for implementation. There will be a rush. Rev will definitely increase this year. Early bird catches the worm, hehe
They dont sell any accounting system or related system. The company now no more selling solutions as the name now also call grand flo bhd and not grand flo solutions bhd.So, GST wont affect them.....
The Board of Directors is pleased to announce that Grand-Flo’s subsidiaries specializing in the Enterprise Data Collection and Collation System (“EDCCS”) business locally and regionally have secured orders amounting to approximately RM7.8 million (“Orders-in-hand”). These Orders-in-hand which involve delivering EDCCS solutions to customers in the industries of Bank/Finance, Fast Moving Consumer Goods, Health, Retail, Utilities and others will be completed before 31 December 2013 hence are expected to contribute positively to the earnings and net assets of Grand-Flo Group for the financial year ending 31 December 2013. None of the directors and/or major shareholders of Grand-Flo or persons connected to them have any interest, direct or indirect, in the Orders-in-hand. This announcement is dated 28 November 2013.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
mikekong55
4,805 posts
Posted by mikekong55 > 2013-12-03 21:42 | Report Abuse
this company first time into property dangerous a bit.as for pmcorp no hope already. trade will be dormant for some time.I'll check this grandflo maybe buy some after my vacation. this month window dressing and 1st week '14 fund manager will readjust portfolio.