GLOMAC BHD

KLSE (MYR): GLOMAC (5020)

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Last Price

0.40

Today's Change

0.00 (0.00%)

Day's Change

0.395 - 0.405

Trading Volume

217,900


6 people like this.

1,415 comment(s). Last comment by NRahmat 1 month ago

danielsoh

110 posts

Posted by danielsoh > 2011-07-01 13:54 | Report Abuse

Target price 2.20....

plydeus

11 posts

Posted by plydeus > 2011-10-19 10:06 | Report Abuse

growing-up

Posted by Ibnu Hashim R > 2012-01-19 10:23 | Report Abuse

yes, up up and away....

tonytow

11 posts

Posted by tonytow > 2012-01-19 11:08 | Report Abuse

y today up up? who knows?

necro

4,726 posts

Posted by necro > 2012-02-23 23:09 | Report Abuse

ecm ecm why u analyst fast than me....zzzz...im also doing reseach laa..zzz

necro

4,726 posts

Posted by necro > 2012-02-23 23:17 | Report Abuse

NTA 1.05...RM0.88-1.29(ECM analysts)...23/2price below NTA..

necro

4,726 posts

Posted by necro > 2012-02-23 23:19 | Report Abuse

Buy - Expected 12-month total return of 15% or more

davors

889 posts

Posted by davors > 2012-02-24 07:58 | Report Abuse

waiting for a lower price to enter for long term.... :)

Posted by Jessie Teoh > 2012-02-24 08:23 | Report Abuse

davor:adv, how low can it be?

davors

889 posts

Posted by davors > 2012-02-24 10:19 | Report Abuse

maybe 0.820...
anyway i am aiming glomac-wa...
not the mom...

Posted by Jessie Teoh > 2012-02-24 10:36 | Report Abuse

oic..then low glomac-wa will be??

necro

4,726 posts

Posted by necro > 2012-02-24 15:52 | Report Abuse

low than mom...

Ram Cheong

450 posts

Posted by Ram Cheong > 2012-02-26 03:28 | Report Abuse

it don look quite ready to move up yet . ...........

necro

4,726 posts

Posted by necro > 2012-03-01 22:02 | Report Abuse

YES!!!!

necro

4,726 posts

Posted by necro > 2012-03-09 20:09 | Report Abuse

this company always buy back...when laaa get .82 price???

powerwk

1,690 posts

Posted by powerwk > 2012-03-16 10:28 | Report Abuse

I'm also waiting for the right time to chime in. The stock should worth 1.00 in my opinion.

necro

4,726 posts

Posted by necro > 2012-03-16 17:47 | Report Abuse

powerwk---lai monday play coastal-wa....goreng sell in back sell...

Mat Cendana

2,340 posts

Posted by Mat Cendana > 2012-03-27 12:55 | Report Abuse

@powerwk: It announced a 2.75 sen dividend on 22/3. No ex date yet. OSK's most recent TP is 1.04. This is a good company and selling at a reasonable price right now. But I feel there might be other stocks that look a bit better than Glomac in terms of price movement. Like MRCB for instance.

glomac1

6 posts

Posted by glomac1 > 2012-03-27 18:25 | Report Abuse

Why stock price low? Market value only 550 m, but cash in hand 335m, profit more than 75m , dividen more than 5%.?

davors

889 posts

Posted by davors > 2012-03-27 22:54 | Report Abuse

market is always irrational... ^_^

Mohd Shuk

725 posts

Posted by Mohd Shuk > 2012-03-28 02:03 | Report Abuse

Ini OK!!!! MARKET TAK OK!!!

powerwk

1,690 posts

Posted by powerwk > 2012-04-17 14:53 | Report Abuse

Mat Cendana when you say it announced a 2.75 sen dividend on 22/3. When you see this news or where you get this info from?

jacklew

499 posts

Posted by jacklew > 2012-04-17 15:04 | Report Abuse

the company is doign ok. But if they didn't buy back the share, the price would have been dropping to below RM0.80 long time ago....

glomac1

6 posts

Posted by glomac1 > 2012-04-17 22:35 | Report Abuse

NewQuarterly (31.01.2012 ) report u can fine all company new at bursamalysia

Posted by Sugunan Nanoo > 2012-04-27 17:43 | Report Abuse

hold or sell ? I bought at 0.86

alson

5 posts

Posted by alson > 2012-05-04 15:18 | Report Abuse

wow rocket up very fast

glomac1

6 posts

Posted by glomac1 > 2012-05-04 19:07 | Report Abuse

Who buy 40,000 treasury share at 0.84 today?

lmfion

4 posts

Posted by lmfion > 2012-05-09 09:21 | Report Abuse

this stock peak already over on 4/5, got to wait for at least another month to go above 0.86, that also provided the market is positive.

glomac1

6 posts

Posted by glomac1 > 2012-05-10 18:16 | Report Abuse

Lembaga tabung haji buy 40,000 treasury share on 4/5/2012, why share still down. Good for investor.??

TGTG

15 posts

Posted by TGTG > 2012-05-10 18:20 | Report Abuse

lots of ESOS given out, ESOS cheaper, they simply throw to get the cash, that's why press down the price. tomorrow another big lots of ESOS coming.

fandi

280 posts

Posted by fandi > 2012-06-26 21:49 | Report Abuse

Explosive gain for Glomac tomorrow. 1000% sure!!!!

KC Loh

13,701 posts

Posted by KC Loh > 2012-06-27 06:48 | Report Abuse

Fandi I am assuming you made that "explosive" call based on the Edge Financial report, am I right? If not mistaken Glomac reported a RM22m profit. This should be good news translating to Glomac's bottom line. But i see the share range will probably stay sideway.then again, it may jump a few send higher like you said, due to the report and your informed research. All the best!

fandi

280 posts

Posted by fandi > 2012-06-27 13:55 | Report Abuse

Yes, Glomac is one of the deeply valued growth stock. I like the management of the company which is very prudent but at the same time has a very acute investment sense. Dividend yield for this stock is better than FD. So no complain.

Posted by Stephen Baster > 2012-07-13 12:30 | Report Abuse

noticed the announcement of share buyback yesterday but not at a big volume. don't really get the part on the exercise of warrants. anyone can explain? thanks.

stella teo

197 posts

Posted by stella teo > 2012-07-13 13:48 | Report Abuse

you're right. since 4th of july the buyback though in not so big volume has been consistent. for company with good fundamental like glomac, shares buyback should be view as positive sign. long term buy.

Posted by Stephen Baster > 2012-07-17 11:33 | Report Abuse

that's what i've thought. they're setting up a huge price wall to maintain the price around 0.85 and 0.855 for the purpose of share buyback. once the share buyback is over, it will go north very fast!

passerby

2,877 posts

Posted by passerby > 2012-07-17 18:03 | Report Abuse

This is my personal opinion ,there are few possibilities when will the share buyback will be over:- 1) when they use up all the cash the allocate for the share buyback, 2) when share price have stabilized up to 10% of the reference price they are allow to buy back, or 3) they hit the quota - % of the allowable share to buyback. You might need to do read all the announcements made by them at Bursa & do your own research.From there you can estimate how much they have collected & how much cash they have used up. I personally like Glomac because I like their developments - all niche markets at strategic locations.

Posted by Stephen Baster > 2012-07-17 19:58 | Report Abuse

agree. and the volume started to build up today. end with 15,385 the highest in the past week or so. good times ahead.

talk2pkc

2,304 posts

Posted by talk2pkc > 2012-07-17 20:19 | Report Abuse

Indeed is another gd counter for long term but b very careful when to buy or buy more, bear in mind last few days Bursa has gone beyond the rise of many other region n likely to consolidate over the next few days , unless other regions r doing well !!!!

Posted by BrendanHong > 2012-07-18 12:22 | Report Abuse

PE 5.6, Dividend Yield 5.9%, Nta 1.11, P/Nta 0.76, cash rish..definitely undervalue..going to fly one day..

wooming

62 posts

Posted by wooming > 2012-07-18 13:16 | Report Abuse

any body know how much the borrowing?

Posted by Stephen Baster > 2012-07-18 20:17 | Report Abuse

getting bored by the buy back exercise. anybody knows how much left to complete the target buyback?

Posted by Stephen Baster > 2012-07-20 11:16 | Report Abuse

@ seehous no point for seller to raise up the price. everyday you can see the sell volume at 0.855 or 0.860 queed up with few hundred thousand lots. So if you wanted to quee at 0.87 it will never reach your target price :) They're building up the price wall on purpose so that buyers are not too enthusiastic into buying up the share price. Anyway agree with you that this is a very good fundamental share to buy. been sideways for so long due to buyback but i sense that the end of the buyback is near (disclaimer: never calculate so no idea what's the balance target) Cheers.

glomac1

6 posts

Posted by glomac1 > 2012-07-20 23:57 | Report Abuse

Share buy back 6% sold to lembaga tabng haji ojumpy 2012. Now still buy back share only 1.1 % only. When will end of share buy back?

jacklew

499 posts

Posted by jacklew > 2012-07-21 00:08 | Report Abuse

same like mulpha, this counter having active share buy back, but the share price is hardly moved. Anyway, i have the feeling that this counter is flying soon to RM 1.....

KC Loh

13,701 posts

Posted by KC Loh > 2012-07-21 02:35 | Report Abuse

glomac1, can you confirm where you read this 1.1% buyback? i would love to have a black & white on it for record purposes. It means another 8.9% to go (as normally allowed under company's resolutions), and would like to calculate how much they have paid for the 1.1% share buyback. thx in advance.

glomac1

6 posts

Posted by glomac1 > 2012-07-23 19:15 | Report Abuse

Kc Loh pls check at bursamalaysia.com.my after 7pm. Today announcement glomac buy 50 lot at rm .84 total paid rm 42,306.60 treasury share at to date 8,155.800 lot ( 1.2% ), this is 2nd time sold treasury share . 2-3 years a go also sold 3.xx% to ?? At +- rm 1.25.. Glomac share can give u > 6.5% divined per years. This is long term investment counter . Share is not big deterrent when quataly profit is 2x . But 30 big share holder is investment company, unit truss, insurance company.

KC Loh

13,701 posts

Posted by KC Loh > 2012-07-23 19:19 | Report Abuse

thank you glomac1, appreciate that.

Posted by Stephen Baster > 2012-07-23 19:31 | Report Abuse

quite a dramatic sell off today since the past few weeks was consistently around 0.85 price range. hmm really a hard counter to predict. why not buy more now when the price is down to achieve the target buyback earlier. any thought on this KC?

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