GLOMAC BHD

KLSE (MYR): GLOMAC (5020)

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Last Price

0.395

Today's Change

-0.005 (1.25%)

Day's Change

0.395 - 0.405

Trading Volume

90,500


6 people like this.

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

dompeilee

11,888 posts

Posted by dompeilee > 2024-07-06 13:31 | Report Abuse

Very HIGH probability of FLYYYyinng next week!

ks55

4,245 posts

Posted by ks55 > 2024-07-12 23:27 | Report Abuse

Up trend intact. Next week should move up more.

WongAhMan

35 posts

Posted by WongAhMan > 2024-07-15 17:31 | Report Abuse

Glomac has declared a 1.25c per share dividend for Y/E Apr'24. Yield is 2.75% which is better than FD hovering around 2.4%.

mujinkun

147 posts

Posted by mujinkun > 2024-07-17 10:15 | Report Abuse

When it will be?

dompeilee

11,888 posts

Posted by dompeilee > 2024-07-22 09:30 | Report Abuse

After averaging down yearly since 2016 just b4 the ex-dividend date to just under 45c, I fortuitously SOLD just over half my stake @ between 45.5c-47c lately...the first ever, though small, capital gain on this stock !

Will wait @ 40c to rebuild my position closer to the ex-dividend date!🤗

NRahmat

238 posts

Posted by NRahmat > 2 months ago | Report Abuse

DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 37,600 shares on 11-Sep-2024.

DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 300 shares on 10-Sep-2024.

DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a substantial shareholder) acquired 70,000 shares on 09-Sep-2024.

TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 37,600 shares on 11-Sep-2024.

TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 300 shares on 10-Sep-2024.

TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a substantial shareholder) acquired 70,000 shares on 09-Sep-2024.

TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a company director) acquired 37,600 shares at 0.378 on 11-Sep-2024.

TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a company director) acquired 300 shares at 0.380 on 10-Sep-2024.

TAN SRI DATO' MOHAMED MANSOR BIN FATEH DIN (a company director) acquired 70,000 shares at 0.383 on 09-Sep-2024.

DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a company director) acquired 37,600 shares at 0.378 on 11-Sep-2024.

DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a company director) acquired 300 shares at 0.380 on 10-Sep-2024.

DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a company director) acquired 70,000 shares at 0.383 on 09-Sep-2024.

SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 50,000 shares on 10-Sep-2024.

SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 100,000 shares on 09-Sep-2024.

SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 50,000 shares on 06-Sep-2024.

SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 130,000 shares on 04-Sep-2024.

SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 7,700 shares on 03-Sep-2024.

SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 43,000 shares on 02-Sep-2024.

G-boy

490 posts

Posted by G-boy > 2 months ago | Report Abuse

why so many acquire? haha..something is brewing?

NRahmat

238 posts

Posted by NRahmat > 2 months ago | Report Abuse

SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 12,000 shares on 12-Sep-2024.

SHAPADU CAPITAL SDN. BHD. (a substantial shareholder) acquired 66,200 shares on 11-Sep-2024.

NRahmat

238 posts

Posted by NRahmat > 2 months ago | Report Abuse

DATUK SERI FATEH ISKANDAR BIN TAN SRI DATO' MOHAMED MANSOR (a company director) acquired 234,200 shares at 0.380 on 13-Sep-2024.

G-boy

490 posts

Posted by G-boy > 2 months ago | Report Abuse

buy again!! something brewing..

NRahmat

238 posts

Posted by NRahmat > 2 months ago | Report Abuse

Definitely something is brewing! JACKPOT

FD Idzham, Business Development & Corporate Strategy at Glomac Berhad, who is the son of Datuk Fateh Iskandar, who is also the group managing director and chief executive officer, owns another 19.17% stake in Glomac recently married to Sultan Pahang's daughter, August 2024.

https://www.nst.com.my/news/nation/2024/08/1095433/tengku-puteri-afzan-and-fd-idzham-tie-knot-watch

NRahmat

238 posts

Posted by NRahmat > 1 month ago | Report Abuse

Glomac Bhd says it should benefit from potential heightened activities in Johor with the proposed introduction of a special financial zone in Forest City, and a possible revival of the Kuala Lumpur-Singapore high speed rail project.

The company is bullish given its existing presence in Johor through the Sri Saujana and Saujana Jaya township developments, which have a combined landbank totaling 238 acres and a total potential estimated gross development value (GDV) of RM800 million.

NRahmat

238 posts

Posted by NRahmat > 1 month ago | Report Abuse

https://theedgemalaysia.com/node/729378

In Johor, Glomac has about 165 acres of land in Kulai as well as in Ulu Tiram.

“We bought this land (in Ulu Tiram) a long time ago, in 1996 [about 500 acres then]. We have [yet to develop] the last 10% of the 500 acres, which works out to maybe another 50 to 60 acres,” says FD Iskandar.

He is optimistic about the prospects of the Johor property market, given the increase in foreign direct investments into the state in recent years, particularly in the data centre space.

“This will hopefully provide good-paying jobs, high-paying jobs. And the people will need houses, shops, commercial areas and whatnot, right? Not everybody can do data centres, so we’ll provide the housing and the commercial centres.”

He adds that the biggest market for property in Johor is still Malaysians working in Singapore, rather than from the new jobs that will be created by the influx of data centre investments.

The land in Kulai is strategically located as it is near the Second Link and Johor-Singapore Causeway, which is still the main route for Johoreans to get to Singapore every day for work, says FD Iskandar.

“Now, we are about to launch another 120 residential units. But once we do this, we are looking at the commercial side. Because we are only, like, 5km away from the Second Link and we are nearer to the [Johor Bahru] city centre.”

NRahmat

238 posts

Posted by NRahmat > 1 month ago | Report Abuse

Glomac in talks to venture into waste-to-energy business
https://theedgemalaysia.com/node/731244

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