GLOMAC BHD

KLSE (MYR): GLOMAC (5020)

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Last Price

0.38

Today's Change

-0.025 (6.17%)

Day's Change

0.37 - 0.405

Trading Volume

3,378,000


6 people like this.

1,386 comment(s). Last comment by newbietrader9 2 weeks ago

shadowz

711 posts

Posted by shadowz > 2021-10-17 11:06 | Report Abuse

Next week 0.38 ?

jolynce

547 posts

Posted by jolynce > 2021-10-18 13:01 | Report Abuse

bought at 0.28 last year.. waiting to sell. I noticed that this current level is already at pre-pandemic price though, so not sure how much higher can it go?

zamry

172 posts

Posted by zamry > 2021-10-18 17:07 | Report Abuse

See money take money

jolynce

547 posts

Posted by jolynce > 2021-10-20 17:45 | Report Abuse

You're so right! I should've sold at 38c. Now, back to the waiting game.

Posted by zamry > Oct 18, 2021 5:07 PM | Report Abuse

See money take money

thesteward

6,746 posts

Posted by thesteward > 2021-10-21 07:56 | Report Abuse

Possible to spike anytime soon

Posted by risktoreward > 2021-10-21 22:08 | Report Abuse

I think when the time comes it will fly for several days

Posted by Predictor942 > 2021-10-29 00:55 | Report Abuse

something is brewing...

Samuelgold

179 posts

Posted by Samuelgold > 2021-10-29 08:32 | Report Abuse

Show time today

Flykite

100 posts

Posted by Flykite > 2021-10-29 11:40 | Report Abuse

Hopefully not one day show.

jolynce

547 posts

Posted by jolynce > 2021-10-29 12:02 | Report Abuse

sold 0.395!

jolynce bought at 0.28 last year.. waiting to sell. I noticed that this current level is already at pre-pandemic price though, so not sure how much higher can it go?
18/10/2021 1:01 PM

Posted by risktoreward > 2021-10-29 12:04 | Report Abuse

Congrats! I’m still waiting for 40s

jolynce

547 posts

Posted by jolynce > 2021-10-29 12:05 | Report Abuse

It touched 0.41 but quickly retraced.. hope you get your TP soon.

Posted by risktoreward > Oct 29, 2021 12:04 PM | Report Abuse

Congrats! I’m still waiting for 40s

Flykite

100 posts

Posted by Flykite > 2021-11-01 19:38 | Report Abuse

Already fly to the moon and come back

Samuelgold

179 posts

Posted by Samuelgold > 2021-11-03 10:00 | Report Abuse

accumulate again....

jolynce

547 posts

Posted by jolynce > 2021-11-05 12:33 | Report Abuse

0.20?? You think this is SCIB is it? Even during the March 2020 crash also didn't go that low lah.

Posted by MYthenightmare > Nov 5, 2021 12:16 PM | Report Abuse

Break 0.20 then start collect

jolynce

547 posts

Posted by jolynce > 2021-11-05 12:34 | Report Abuse

Bought back at 0.35 on Wed.

Posted by jolynce > Oct 29, 2021 12:02 PM | Report Abuse X

sold 0.395!

jolynce bought at 0.28 last year.. waiting to sell. I noticed that this current level is already at pre-pandemic price though, so not sure how much higher can it go?
18/10/2021 1:01 PM

Flykite

100 posts

Posted by Flykite > 2021-11-19 13:01 | Report Abuse

Accumulate

Nkk1370

277 posts

Posted by Nkk1370 > 2021-11-27 10:00 | Report Abuse

Add 0.325 and keep for coming dividend. I think Glomac is underrated

Samuelgold

179 posts

Posted by Samuelgold > 2021-11-28 13:10 | Report Abuse

accumulate some at 0.33, looking forward for the nxt rise

ivan9511

3,854 posts

Posted by ivan9511 > 2021-12-15 12:43 | Report Abuse

Someone is pressing down the price, the boss keep sleeping as usual, share holders supporting but the boss still cannot see the crisis.
Later people buy at cheap cheap. The boss when can wake up a

Posted by uemcapital > 2022-01-24 10:24 | Report Abuse

No more show time ?

nkk0819

33 posts

Posted by nkk0819 > 2022-02-04 09:00 | Report Abuse

Prop counters will shine again and gain back its past glory

Nkk1370

277 posts

Posted by Nkk1370 > 2022-02-17 11:45 | Report Abuse

Add some more at 0.33

ivan9511

3,854 posts

Posted by ivan9511 > 2022-02-27 15:57 | Report Abuse

Wish and hope Glomac can give 2 sen dividend. All the best

koowakzai

251 posts

Posted by koowakzai > 2022-03-29 23:40 | Report Abuse

On the way to 45

Nkk1370

277 posts

Posted by Nkk1370 > 2022-04-08 17:50 | Report Abuse

Add more 0.325

Nkk1370

277 posts

Posted by Nkk1370 > 2022-04-09 09:37 | Report Abuse

Dormant for too long, time to move upwards. Fundamentals still intact

Nkk1370

277 posts

Posted by Nkk1370 > 2022-05-26 08:10 | Report Abuse

Expect 1.5 sen coming dividend

Nkk1370

277 posts

Posted by Nkk1370 > 2022-06-09 10:56 | Report Abuse

10pc just changed hand. Something brewing? Wonder who r selling?

Nkk1370

277 posts

Posted by Nkk1370 > 2022-06-13 08:23 | Report Abuse

70pc are owned by Saphadu, 3 original major sshareholders. So not much free float anymore

Nkk1370

277 posts

Posted by Nkk1370 > 2022-06-29 20:10 | Report Abuse

1.5sen dividend just declared

Nkk1370

277 posts

Posted by Nkk1370 > 2022-07-06 21:15 | Report Abuse

Company starts share buy back

Nkk1370

277 posts

Posted by Nkk1370 > 2022-09-12 12:01 | Report Abuse

How long can the price stays stagnant around 0.30?

Posted by yaphoikiong > 2022-09-20 17:40 | Report Abuse

How can today drop to 0.28

Kmc666

4 posts

Posted by Kmc666 > 2022-09-21 09:13 | Report Abuse

Nkk power , after your Q, Looks like don’t want to stay liao . Wonder who sell …uglier now ..

Posted by yaphoikiong > 2022-09-21 19:12 | Report Abuse

Happy today quarter result

daren

112 posts

Posted by daren > 2022-12-13 11:47 | Report Abuse

Shahpadu acquiring recently? Got actions?

i4value

78 posts

Posted by i4value > 2023-06-10 12:56 |

Post removed.Why?

i4value

78 posts

Posted by i4value > 2023-07-19 09:39 |

Post removed.Why?

Dehcomic01

297 posts

Posted by Dehcomic01 > 2023-09-20 10:52 | Report Abuse

Is Glomac a value trap? The earnings of property developers have been declining over the past few years. This was due to several measures by the government to reduce property speculation. Covid-19 aggravated the situation. The performance of Glomac was similarly affected.

But Glomac has a profitable track record and is financially sound. I expect the business performance of Glomac in the coming years to improve. Together with the expected improvement in the market sentiments, the market price of Glomac would be much higher than what it is today.

The market price of Glomac is currently below its intrinsic value. This is from the perspective of the Asset Value, Earnings Power Value, and Acquirer's Multiple. Refer to the infographics https://i.postimg.cc/NMLj0Tg8/Glomac.png

For a company to be a value trap, its low price must be due to poor fundamentals. In the case of Glomac, the analysis does not indicate poor fundamentals. The intrinsic values are significantly higher than the market price. I would not consider Glomac a value trap.

For more insights into Bursa companies, go to https://www.malaysiastock.biz/Blog/BlogArticle.aspx?tid=26821

speakup

25,004 posts

Posted by speakup > 2023-09-20 12:35 | Report Abuse

Don't believe Value Trap nonsense. Last time ppl say Uems, Iwcity also value trap, now they fly!

thesteward

6,746 posts

Posted by thesteward > 2024-01-05 15:51 | Report Abuse

Glomac has 160 acre land appx at kulai approx 30km fm Johor Bahru town?

thesteward

6,746 posts

Posted by thesteward > 2024-01-05 16:13 | Report Abuse

Kulai jaya is nearby to Iskandar Puteri?

facsc118

193 posts

Posted by facsc118 > 2024-01-09 11:12 | Report Abuse

34 km

Musfaz83

615 posts

Posted by Musfaz83 > 2 months ago | Report Abuse

Glomac possesses a solid portfolio of prime and strategic development landbank
with a potential estimated GDV of close to RM8 billion. Within Johor, Sri Saujana
and Saujana Jaya combined have available 238 acres with a potential GDV of
around RM800 million. This will benefit from government plans to boost economic
activities in Johor - such as establishing a special financial zone in Forest City as
well as the potential revival of the High Speed Rail (“HSR”) from Kuala Lumpur to
Singapore.
GLOMAC BERHAD
27 September 2023

Dehcomic01

297 posts

Posted by Dehcomic01 > 2 months ago | Report Abuse

The Bursa property companies had a tough few years. Covid-19 affected my companies in Malaysia and the property companies were no exception. But the problems for the property companies started long before Covid-19 with a soft market that began with the govt efforts to curb speculation in the 2016/17.
But I think there is light at the end of the tunnel and as such many property companies could be under priced from a fundamental perspective. One example is Glomac that is currently trading at a discount to its intrinsic value. It is not a value trap. You can read about it from page 19 of the newsletter. https://notice.shareinvestor.com/email/newsletter/invest/pdf/Vol193_Invest-02Feb.pdf

ks55

3,474 posts

Posted by ks55 > 3 weeks ago | Report Abuse

Residential property price has picked up since 2023, land for development especially industrial land shoot up through the roof.

All property counters are experiencing a super bull in making.

Glomac has started to move up too.

ks55

3,474 posts

Posted by ks55 > 3 weeks ago | Report Abuse

Today's darling stock no doubt is going to be Crescendo.

ks55

3,474 posts

Posted by ks55 > 3 weeks ago | Report Abuse

Crescebdo has just announced 18 sen dividend.

Posted by newbietrader9 > 2 weeks ago | Report Abuse

dip a bit please, don't just fly yet

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