GLOBAL ORIENTAL BERHAD

KLSE (MYR): GOB (1147)

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Last Price

0.185

Today's Change

0.00 (0.00%)

Day's Change

0.185 - 0.185

Trading Volume

20,000


18 people like this.

5,440 comment(s). Last comment by Nguyễn Bá Chinh 2 months ago

Posted by DreamGladiator > 2015-09-24 00:44 | Report Abuse

Bila mau jalan

voonyoke

1,036 posts

Posted by voonyoke > 2015-09-24 00:45 | Report Abuse

This is a goreng stock. It can be goreng up or goreng down anytime.

Posted by DreamGladiator > 2015-09-24 01:02 | Report Abuse

Dude, any penny stock 50 sen & below is a reasonable goreng candidate ...

Tell us something new ...

lmao

87 posts

Posted by lmao > 2015-09-24 02:08 | Report Abuse

Every uptrend stock also goreng by SM.

kancs3118

2,219 posts

Posted by kancs3118 > 2015-09-24 07:24 | Report Abuse

For the lazy ones...no need to check bursa announcement... I have listed all the merits of investing in GOB.... Besides the disposal if DaMein...let us not forget another 2 impetus = batu kawan and Jalan Ampang land....

Time to whack those God damn warrants...

Another cheap counter to collect is Symlife....

Chinaboleh

687 posts

Posted by Chinaboleh > 2015-09-24 12:29 | Report Abuse

Why dividend is 0? Is this China stock?
http://klse.i3investor.com/servlets/stk/annent/1147.jsp

jonbravo

428 posts

Posted by jonbravo > 2015-09-24 12:50 | Report Abuse

i grab all. willing to pay upto rm0.65 for GOB shares. throw all to me

luckyman

719 posts

Posted by luckyman > 2015-09-24 17:56 | Report Abuse

GOB's next few quarters' results will be fantastic since its unbilled sales may probably exceed RM1 billion with the latest RM488mil sales of da:men mall. Hopefully it could climb up to RM1.00 by next March. Let's see and time will tell. $$$$

jonbravo

428 posts

Posted by jonbravo > 2015-09-24 23:06 | Report Abuse

I need this stock to breakout tmr. Banyak hutang mau bayar

alphajack

3,685 posts

Posted by alphajack > 2015-09-24 23:53 | Report Abuse

if owner decide to privatize also minimum also will offer 70cents/share.

Then if shareholders reject it will goreng higher to 80c+..reminds me of cocoland not too long ago..but this is even safer play since 71c/share is cash after disposal. Cash play means this is virtually unaffected by global and domestic market sentiment. If US market crash also this will still fly..tomorrow more blue chips will get hit and selloff in line with weak global market.

The only way to make money is

a. put warrants
b. This stock as a cash play will only attract more funds in for the balance 20% huating because they are running out of ideas..I think 65c also many ppl will still chase when there are no other places to park their money. You will be shocked how even 10% gain is attractive enough for the latecomers considering not many thing is attractive and everything seems risky in this weak volatile market.

So, those who are alrdy 10 or 20% up..why sell now when you can make 20-25% more. Let them chase it up! HUAT AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHhhhhh

Posted by TailWagsDog > 2015-09-25 08:46 | Report Abuse

.
Net cash per share is more than the 71sen calculated by Faye Tan.
There's another 9.5sen per share from another land disposal bringing net cash to 80 sen per share:

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4824605

For GOB to trade at 1.00 is not so far fetched.

jonbravo

428 posts

Posted by jonbravo > 2015-09-25 09:00 | Report Abuse

I grab all

paperplane2

3,235 posts

Posted by paperplane2 > 2015-09-25 09:00 | Report Abuse

GOB high TL, borrowing 231020+39808=270828, cash only 69292+10373=80000
Now u know why need sell assets to pay debts.

Well, you think cash will give back to you? After pay debts maybe not much left, need to buy new lands, operating expenses, etc. So??

Zoom

1,193 posts

Posted by Zoom > 2015-09-25 09:10 | Report Abuse

gob-wa is the best warrant for pass 3 days.... yahooooooooooooo

chankp7010

614 posts

Posted by chankp7010 > 2015-09-25 09:12 | Report Abuse

GOB is now 59.5 sen. Upsurged is oncoming. Easily GOB share price can cross 65 sen by next week. Thanks for your support and it turns you also benefit.

jonbravo

428 posts

Posted by jonbravo > 2015-09-25 09:14 | Report Abuse

I grab 0.59

goldenshares

3,541 posts

Posted by goldenshares > 2015-09-25 09:21 | Report Abuse

A surge in the volume of shares traded followed the announcement by Global Oriental Bhd (GOB) that it plans to sell a shopping mall in Subang Jaya to Pavilion Real Estate Investment Trust (REIT) for RM488mil cash.

“Some investors might have bought into the stock in anticipation of a potential special dividend,” said a remisier, adding that the mall’s sale price was higher than GOB’s current market capitalisation of RM259.2mil.

The sale is expected to be completed by early next year.

The company, however, has dismissed the possibility of returning some money back to shareholders. It said the sale proceeds would be used to pay bank borrowings and for working capital.

alphajack

3,685 posts

Posted by alphajack > 2015-09-25 09:30 | Report Abuse

I buy not because of dividend or but the business itself and the cash level even after it pays off all borrowings. GOB is still a jewel at this price and I am confident within a month it will hit 70c.

chankp7010

614 posts

Posted by chankp7010 > 2015-09-25 09:35 | Report Abuse

For "goldenshares" - May I ask where you got your source for your comment in last paragraph? No offence! Just want to find out so that I can take the appropriate action (whether to sell or buy accordingly). Thank you.

Posted by TailWagsDog > 2015-09-25 09:39 | Report Abuse

.
GOB WA will rise 30-50% in next 2 days.

gick891214

923 posts

Posted by gick891214 > 2015-09-25 09:41 | Report Abuse

yeah...warrant still cheap

goldenshares

3,541 posts

Posted by goldenshares > 2015-09-25 09:41 | Report Abuse

chankp, The Star, : )

Posted by riskabsorber > 2015-09-25 10:10 | Report Abuse

When company starts to turn around from debt restructuring will have better idea on capital allocation which is to put priority on working capital instead of special dividend.

Posted by TailWagsDog > 2015-09-25 10:15 | Report Abuse

.
i already said don't expect dividend. You should be happy they don't na jib it.

jonbravo

428 posts

Posted by jonbravo > 2015-09-25 10:27 | Report Abuse

GOB please breakout!!!!

surewinz

1,014 posts

Posted by surewinz > 2015-09-25 10:28 | Report Abuse

almost there...gogo GOB

gick891214

923 posts

Posted by gick891214 > 2015-09-25 10:32 | Report Abuse

It will break higher if break through 60cents.

nelayan

217 posts

Posted by nelayan > 2015-09-25 10:33 | Report Abuse

60 cents...........go go

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-09-25 10:34 | Report Abuse

this stock is unbelieveable.....no matter how market is bad now, still can break out up

jonbravo

428 posts

Posted by jonbravo > 2015-09-25 10:36 | Report Abuse

who is the one putting the road block at 0.59, please remove it

nelayan

217 posts

Posted by nelayan > 2015-09-25 10:41 | Report Abuse

wooo break 0.60

surewinz

1,014 posts

Posted by surewinz > 2015-09-25 10:44 | Report Abuse

havent break 0.6...need break it to achieve higher

jonbravo

428 posts

Posted by jonbravo > 2015-09-25 11:09 | Report Abuse

FRU road block at 0.60

kancs3118

2,219 posts

Posted by kancs3118 > 2015-09-25 11:20 | Report Abuse

seems red shirt cannot break FRY barrier at RM0.60?

jonbravo

428 posts

Posted by jonbravo > 2015-09-25 11:26 | Report Abuse

GOB warriors can break the barrier

gick891214

923 posts

Posted by gick891214 > 2015-09-25 12:46 | Report Abuse

warrant is cheaper nw

Posted by Mohd Fahmi Bin Jaes > 2015-09-25 13:54 | Report Abuse

Tp 0.65

gick891214

923 posts

Posted by gick891214 > 2015-09-25 13:58 | Report Abuse

if the stock is possible to break 0.60, i think it will hit 65 cents for today also no problem.. the volume is very strong :D

Posted by TailWagsDog > 2015-09-25 14:12 | Report Abuse

.
Breaking new high must be accompanied by increasing volume to be convincing. It is quite ok if it stays around this price today, as long as it closes slightly higher. It is a day of consolidation.

Technicals for next target of 0.70 are still intact. Next week will be interesting.

davidkkw79

5,068 posts

Posted by davidkkw79 > 2015-09-25 14:36 | Report Abuse

dividend is coming !

Eldon Ong

158 posts

Posted by Eldon Ong > 2015-09-25 15:07 | Report Abuse

Buyers at 0.595 keep on increasing..will break 0.60 again..woohoo...

Posted by Mohd Fahmi Bin Jaes > 2015-09-25 16:28 | Report Abuse

Boom high 0.61

jonbravo

428 posts

Posted by jonbravo > 2015-09-25 16:50 | Report Abuse

come on, GOB warriors. We will slay the road block

surewinz

1,014 posts

Posted by surewinz > 2015-09-25 16:55 | Report Abuse

close at 0.6 and i would be happy...

gick891214

923 posts

Posted by gick891214 > 2015-09-25 17:10 | Report Abuse

waiting to break 60 cents... adding oil :D

chankp7010

614 posts

Posted by chankp7010 > 2015-09-25 17:12 | Report Abuse

Just imagine, GOB's current market capitalization is only RM270/- millions (Approximately) whereas the proceeds from sale of 'De'man" is RM488/- millions. Is it logical for right-thinking investors? I do not think so! GOB is indeed grossly undervalued. More upsurge to come.

Posted by bursabullalways > 2015-09-25 19:45 | Report Abuse

churning vol like mad still cannot close above 60c. had a fake breakout a few times above 60c but ended up cannot close at 60c.

be careful of desmond lim.

wakakaka.

tanyuethan

354 posts

Posted by tanyuethan > 2015-09-25 19:58 | Report Abuse

BREAKOUT ON MONDAY!!! TUESDAY I BAYAR HUTANG

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